We're building a super chaebol in Hong Kong
#508 - Investment Attraction
In the evening, Su Cheng, along with Yang Chaoye, the Charter King, and others, continued to enjoy a lavish dinner at the Baiyun Hotel in Guangzhou.
However, this time they were not accompanied by any senior executives.
Su Cheng and the others didn't mind, as dining with a group of strangers was even more awkward.
Time passed quickly, and the night was over.
The next day, at seven in the morning, Su Cheng got up.
According to the itinerary, in the morning, a person in charge from the Provincial Investment Promotion Bureau would personally take them to inspect Guangzhou's business environment.
In the afternoon, the elder would meet with Su Cheng and the Charter King in the conference hall of the Provincial Government.
Then, this trip to Guangdong Province would come to an end, just that simple.
After all, it was just a visit for inspection purposes, to allow these Hong Kong businessmen to initially understand the situation in Guangdong Province.
After getting up, the hotel staff also brought a rich breakfast.
After everyone finished eating, someone came to tell them that the people from the Investment Promotion Bureau had already arrived downstairs at the hotel.
So, Su Cheng, Yang Chaoye, the Charter King, and others went straight down.
This time, Su Cheng only took two bodyguards with him, leaving the remaining eight bodyguards at the hotel to wait.
After Su Cheng went downstairs, he greeted Director Lin of the Investment Promotion Bureau, who was in charge of their trip.
When the elder welcomed Su Cheng and others here yesterday at noon, Director Lin was also present, so they could be considered acquaintances.
This time, they were taken in a large bus, and along the way, Director Lin introduced the current economic situation of Guangdong Province to Su Cheng and the others.
Guangzhou Iron and Steel Plant, Guangzhou Shipyard, Guangzhou Paper Mill, Pearl River Piano Factory, Guangzhou Television Factory, Pearl River Brewery, and so on. In one morning, the group inspected many enterprises in Guangzhou.
However, these were all state-owned enterprises and central enterprises. In China during this era, state-owned enterprises were still the mainstay.
Through the inspection, Su Cheng discovered that many industrial structures in Guangzhou were relatively mature, but in some technology-related enterprises, such as those electrical appliance factories, the technology was about five to ten years behind international standards.
After this inspection, Su Cheng had many thoughts.
Even in a closed environment, it was already very difficult for the country to keep up with international standards in many industries.
Moreover, this era was mainly about self-sufficiency.
In Su Cheng's previous life, his family had an electric fan and a black and white TV produced in the 1970s and 1980s, as well as a sewing machine. These products produced in the 1970s and 1980s could still be used normally even in the 21st century.
It was conceivable how good the quality of products produced in this era was!
After wandering around, it was already past twelve noon.
Subsequently, under Director Lin's arrangement, everyone had lunch at a very famous restaurant in Guangzhou.
At three o'clock in the afternoon, Su Cheng and others appeared in the conference hall of the Provincial Government, where they communicated with the elder and other officials of Guangdong Province.
This was a spacious conference hall with many chairs placed inside. Next to each chair was a table with fruit plates and cups on it. Special staff members came in to refill the tea at regular intervals.
Su Cheng brought Yang Chaoye, and the Charter King brought his second son-in-law. They all sat on the left side of the conference hall.
As for the elder and other officials, they sat on the right side of the conference hall.
"Mr. Su, Mr. Bao, how do you feel after the inspection?" the elder asked with a smile while sitting in his chair.
"I often go to Zhejiang Province, which is my hometown. In addition, I have also been to several other provinces. After comparing the economic situations between Zhejiang Province and Guangdong Province, I think the levels of the two provinces are similar. The economic industries are relatively complete, and the industrial foundation is very good," the Charter King thought for a while and expressed his thoughts.
"I came all the way from Shenzhen and experienced the cultural scenery of the mainland for the first time. I have many feelings. This is a land with great potential that has not been developed. In Guangzhou, I saw a different way of life that I have not seen in Hong Kong. Everything seems like a blank sheet of paper. If it is in line with international standards, if the economy here is open to the outside world, the future economy will definitely take off rapidly," Su Cheng thought for a while and said.
He was not afraid that these words would be sensitive, because in 1979, the country should be about to vigorously promote economic opening to the outside world.
Sure enough, Su Cheng's words did not offend the officials present, including the elder. Their expressions did not even change a bit.
Before Mr. Su and Mr. Bao came, we also met with Mr. Huo, Mr. Zhuang, Mr. Li, Mr. Zheng, Mr. Guo and other prominent figures in the Hong Kong business community, and we talked a lot with them. Through exchanges with them, we also learned a lot and understood our own shortcomings.
It is precisely because we are so close that we plan to use our close proximity to Hong Kong to attract investment from Hong Kong.
Attracting investment must have more advantages. We know that your manufacturing costs in Hong Kong are very high, whether it is labor wages or land prices, etc., are very high, and our Guangdong Province has a great advantage in this regard.
In terms of population, we do not lack it, and we do not lack land even more. Even in many other aspects, we are more advantageous than Hong Kong!
If you come to our Guangdong Province to develop and transfer some industries to Guangdong Province, we can not only greatly reduce your costs, but also give very large incentives in terms of taxation. For example, we are preparing to establish some tax-free industrial parks. Factories in these industrial parks can enjoy our tax-free policy for five or even ten years.
These are our sincerity. I believe that you entrepreneurs will definitely find ways to save costs. Come to our Guangdong Province, I believe you will definitely not be disappointed! ."
The elder was very direct. After taking Su Cheng's words, he began to talk about attracting investment, and at the same time listed their conditions and advantages.
"Excuse me, Guangdong Province does have these advantages, but the current Guangdong Province also has a very big disadvantage, that is, the infrastructure is too backward. For example, we took a car all the way from Hong Kong to Guangzhou. It was only a little over 100 kilometers, and it took us more than three hours, with an average speed of 30 to 40 kilometers per hour. This is enough to show how backward our road conditions are. This is still under the condition that there are not many cars on the road. If Guangdong Province can change this situation, I think attracting investment should be easier," Su Cheng thought for a while and gave his opinion.
(End of this chapter)
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