We're building a super chaebol in Hong Kong

Throughout November and December, Su Cheng dedicated almost all of his time to being with his family.

Occasionally, he would take some time to inspect his various companies, ensuring everything was running smoothly.

In addition, he would spend quality time with Kwan Ka-wai, making his life fulfilling and pleasant.

In the blink of an eye, time flew by, and a new year arrived—1981.

The cold wind of January, though somewhat biting, heralded a new beginning.

It was on such a day that Su Cheng received a sincere invitation from Guangdong Province.

It turned out that the eye-catching expressway connecting Yang City and Peng City had finally been completed after countless days and nights of diligent construction!

To celebrate this important moment, Guangdong Province decided to hold a grand opening ceremony on January 15th, sincerely inviting people from all walks of life to witness this historic moment together.

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

As one of the major investors in this expressway connecting Yang City and Peng City, Su Cheng naturally received an invitation to attend the opening ceremony.

Also invited were many Hong Kong businessmen investors, including Bao Yugang, which fully reflected their key role and contribution to the project.

Therefore, Su Cheng decided to depart from Hong Kong on January 10th, setting off for the mainland ahead of schedule.

He was not in a hurry to go directly to Yang City, where the opening ceremony would be held, but because he had not set foot on the mainland for a long time, his heart was full of novelty and anticipation for this land.

In recent years, Su Cheng's layout in the mainland market can be described as far-reaching and extensive.

Su's Group, Hutchison Whampoa, Tianwen Oil Company, and other well-known enterprises under Su Cheng had launched large-scale investment and construction projects in Guangdong Province, especially in the three cities of Yang City, Guan City, and Peng City.

Among them, Peng City had become the focus of their investment, with a large number of high-quality land plots being acquired by Su's Group and Hutchison Whampoa for the development of a thriving manufacturing industry.

In the past year alone, the total investment of Su Cheng's major enterprises in the mainland had exceeded 10 billion Hong Kong dollars, a figure that not only demonstrated his strong economic strength, but also foreshadowed their continued deep cultivation of the mainland market in the future, full of confidence in the mainland market.

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

With the influx of funds, the economic vitality of Guangdong Province was significantly enhanced, attracting more and more talents and enterprises to seek development opportunities in the south.

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, or even more, showing unprecedented vigor and vitality.

In order to attract and retain investors like Su Cheng, the Guangdong Provincial Government had introduced a series of tax exemption policies, which directly benefited Su Cheng's enterprises, reducing their operating costs, enhancing their market competitiveness, and thus achieving a substantial increase in profits.

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

Taking Peng City as an example, it was now completely different from the desolate wilderness and small city that Su Cheng had first seen two years ago.

Sitting in his private car, Su Cheng gazed out of the window at this rapidly changing city, his heart filled with surprise and emotion.

On both sides of the road, tall buildings under construction were rising from the ground, hardened roads extended in all directions, factories stood in great numbers, machines roared, and the scene was busy and orderly.

All of this witnessed the great achievements made by Peng City and even the entire Guangdong Province in just a few years.

Su Cheng stood out in the Hong Kong business community, and his far-reaching influence was not only reflected in his personal achievements, but also in his leading the upsurge of investment in the mainland through his vigorous investment in Guangdong Province.

This trend stimulated the interest and confidence of more businessmen, who followed Su Cheng's example and turned their attention to the land of opportunity in the mainland.

Following in the footsteps of Su Cheng and other pioneers, many manufacturing enterprises in Hong Kong began to consider and implement the strategy of relocating to the mainland.

They found that the labor costs in the mainland were relatively low, the land resources were abundant and reasonably priced, and the government provided tax incentives and other policy support, which greatly reduced the operating costs of enterprises in the mainland and significantly enhanced their competitiveness.

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

The improvement of infrastructure was also an important factor in attracting investment.

In the past, when Su Cheng drove from Hong Kong to the mainland, he had to pass through rugged mud roads. Now, the road from the port to Shekou in Peng City had been completely paved into a wide hardened road, which greatly improved the convenience and comfort of transportation.

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Su Cheng's motorcade arrived in Shekou on time, at just after eleven o'clock in the morning.

The motorcade slowly drove to the front of the temporary headquarters building of Su's Group in Shekou. This eight-story building stood in the Shekou Industrial Park. As a newly built landmark building in the near future, it not only showed the strong strength of Su's Group, but also witnessed the rapid expansion of the group in the mainland market.

Shekou Industrial Park, a modern industrial park covering a vast area of one square kilometer, has taken shape under the careful planning and operation of Su's Group, and has become a new highlight of the economic development of Peng City and even the entire Guangdong Province.

In the park, the production lines are operating busily and orderly, and the workers perform their duties and contribute to the brilliant future of Su's Group.

What is even more striking is that the Shekou Port outside the park is also showing a busy scene. A 100,000-ton giant ship is quietly moored on the shore, waiting to load goods from Su's Group and other enterprises, which will be shipped to all parts of the world.

The strategic layout of Su's Group is gradually showing its effect. At present, 30% of the production capacity has been successfully transferred to Peng City, and about 20% of the production capacity has been effectively allocated in the Haojiang area.

In the future, with the continuous maturity and development of the mainland market, Su Cheng plans to further increase the proportion of production in the mainland, and gradually move more manufacturing industries out of Hong Kong in order to achieve optimal allocation of resources and sustainable development of enterprises.

(End of this chapter)