People in Hong Kong create super chaebols

Throughout November and December, Su Cheng devoted almost all of his time to the warm company of his family.

Occasionally, he would take out his precious time to visit various companies to ensure that everything was running smoothly.

In addition, he would also make appointments with Guan Jiahui to spend wonderful time together, and his life seemed both fulfilling and comfortable.

In the blink of an eye, time passed and we entered a new year - 1981.

Although the cold wind in January is a bit biting, it also heralds a new beginning.

On such a day, Su Cheng received a sincere invitation from Guangdong Province.

It turns out that the eye-catching expressway connecting Guangzhou and Shenzhen has finally been completed after countless days and nights of hard construction!
To celebrate this important moment, Guangdong Province has decided to hold a grand opening ceremony on January 1th and sincerely invites people from all walks of life to witness this historic moment together.

For Suzhou, this is not just a simple invitation, but also a valuable opportunity to witness the development and progress of the mainland.

As one of the important investors of this expressway connecting Guangzhou and Shenzhen, Suzhou City was naturally invited to participate in the opening ceremony.

Also invited with him were many Hong Kong investors including Bao Yugang, which fully demonstrated their key role and contribution in the project.

Therefore, Su Cheng decided to set off from Hong Kong on January 1 and embark on the journey to the mainland ahead of schedule.

He set off early this time not because he was eager to go directly to Guangzhou, where the opening ceremony was to be held, but because he had not set foot in the mainland for a long time and his heart was full of novelty and expectations for this land.

In recent years, Suzhou's layout in the mainland market has been profound and extensive.

Well-known Suzhou-owned companies, such as Suzhou Group, Hutchison Whampoa Group and Tianwen Petroleum Company, have launched large-scale investment and construction in Guangdong Province, especially in the three cities of Yangcheng, Dongguan and Pengcheng.

Among them, Pengcheng has become their key investment area. A large amount of high-quality land has been acquired by Su Group and Hutchison Whampoa Group for the development of a booming manufacturing industry.

In the past year alone, the total investment of Suzhou's major enterprises in the Mainland has exceeded HK$100 billion. This figure not only demonstrates its strong economic strength, but also indicates that they will continue to deepen their presence in the Mainland market in the future and are full of confidence in the Mainland market.

Such a huge scale of investment has undoubtedly injected strong impetus into the development of Guangdong Province.

With the influx of funds, Guangdong Province's economic vitality has significantly increased, attracting more and more talents and enterprises to move south in search of development opportunities.

Compared with Su Cheng’s memories of his previous life, the development speed of Guangdong Province in this era was astonishing, at least five years ahead of the times, or even more, showing unprecedented vitality.

In order to attract and retain investors like Su Cheng, the Guangdong Provincial Government introduced a series of tax exemption policies. These preferential policies directly benefited Su Cheng's companies, reducing their operating costs and improving their market competitiveness, thereby achieving a substantial increase in profits.

At the same time, the implementation of these policies has also promoted the rapid development of many cities in Guangdong Province, forming a virtuous circle.

Take Pengcheng as an example. It is now completely different from what it used to be. It has completely gotten rid of the impression of the barren mountains and small town that Su Cheng first saw two years ago. Sitting in a private car, Su Cheng gazed through the window at this ever-changing city, and his heart was filled with surprise and emotion.

On both sides of the road, high-rise buildings under construction are rising from the ground, hardened roads are connected in all directions, factories are lined up, machines are roaring, and it is a busy and orderly scene.

All of this bears witness to the tremendous achievements made by Pengcheng and the entire Guangdong Province in just a few years.

Su Cheng is unique in Hong Kong's business community. His far-reaching influence is not only reflected in his personal achievements, but also in the fact that he has led a wave of investment in the mainland through heavy investments in Guangdong Province.

This trend has aroused the interest and confidence of more businessmen, who have followed Suzhou's example and turned their attention to the inland land full of opportunities.

Following the footsteps of pioneers such as Suzhou, many manufacturing companies in Hong Kong began to consider and implement strategies of moving to the mainland.

They found that the labor cost in the mainland is relatively low, the land resources are abundant and reasonably priced, and the policy support such as tax incentives provided by the government has greatly reduced the operating costs of enterprises in the mainland and significantly enhanced their competitiveness.

After tasting these sweet benefits, businessmen have increased their investment in the mainland, creating a good investment atmosphere.

Improvement of infrastructure is also an important factor in attracting investment.

In the past, when driving from Suzhou across the Xiangjiang River to enter the mainland, people had to cross the rugged yellow mud road. Now, the road from the pass to Shekou in Pengcheng has been paved into a spacious hard-surface road, which has greatly improved the convenience and comfort of transportation.

This change not only shortens the travel time, but also shows the tremendous achievements in the construction of transportation infrastructure in the mainland. It used to take three or four hours to drive from the center of Hong Kong to Shekou, the capital of China, but now it can be completed in just two hours.

All these changes have provided strong guarantees for the development of Suzhou and more investors in the mainland, and have also injected new vitality into the economic take-off of Guangdong Province and the entire mainland.

The Sucheng convoy arrived in Shekou on time, just after eleven in the morning.

The convoy slowly drove in front of the Su Group's temporary headquarters building in Shekou. This eight-story building stands in the Shekou Industrial Park. As a recently built landmark building, it not only demonstrates the strong strength of the Su Group, but also witnesses the group's rapid expansion in the mainland market.

Shekou Industrial Park, a vast modern industrial park covering an area of ​​one square kilometer, has begun to take shape under the careful planning and operation of the Su Group and has become a new highlight in the economic development of Shenzhen and even the entire Guangdong Province.

In the park, various production lines are running busily and orderly, and workers are performing their respective duties, contributing to the bright future of Su Group.

What is even more eye-catching is that the Shekou Port outside the park is also bustling with activity. A giant ship of 100,000 tons is quietly docked at the shore, waiting to load goods from companies such as the Su Group, which will be shipped to all parts of the world.

The strategic layout of the Su Group is gradually showing results. Currently, 30% of the productivity has been successfully moved to Pengcheng, and in the Haojiang area, about 20% of the productivity has been effectively allocated.

In the future, as the mainland market continues to mature and develop, Suzhou plans to further increase the proportion of production in the mainland and gradually move more manufacturing out of Hong Kong to achieve optimal allocation of resources and sustainable development of enterprises. (End of this chapter)