We're building a super chaebol in Hong Kong
#513 - Yang Chaoye's speech
As Baochuan Wang asked this question, the old man couldn't help but look at Su Cheng.
Although everyone knew that they were just talking in general terms now, the actual investment wouldn't be that simple. It would definitely require careful consideration before a decision could be made.
However, in the old man's opinion, these two were both giants in the business world, and their words should carry weight.
It wasn't like they were asking them to move all their industries to the mainland, just hoping they would invest here.
The old man's subordinates had also investigated, and unsurprisingly, most Hong Kong businessmen would transfer some of their more outdated industries to the Pearl River Delta.
As for some important industries, these Hong Kong businessmen might not move them over for the time being.
Although moving over could save a lot of taxes and reduce costs in the first few years.
However, most Hong Kong businessmen were still afraid to move their main industries over, and the biggest reason was the policy issue.
Everyone knew about the policies in the mainland in the past.
Now, the mainland wanted to develop its economy and was about to implement an open policy, which looked very promising, but everyone still lacked confidence in it.
What if they invested too much and the policy suddenly changed again?
The old man could easily understand the businessmen's concerns.
Therefore, there was no way for him to guarantee anything, and saying more would be useless.
Seeing that everyone's attention was focused on him, Su Cheng didn't panic, but smiled and said, "This matter can be left to my partner, General Manager Yang, to explain. He is the former vice president of the famous American technology company IBM, and has very rich management experience. Currently, my Su's Group is managed by him."
Yang Chaoye was taken aback by Su Cheng's words, but he quickly realized that Su Cheng was giving him a chance to show himself in front of these leaders, so that it would be easier to deal with them in the future.
After all, Su Cheng wouldn't be able to come here often in the future, and he would mostly delegate matters to his subordinates.
Originally, Su Cheng had also planned to bring Wei Li over this time, because in the future, Su's Group would invest here, and Hutchison Whampoa would also invest heavily in the mainland.
Bringing him over would allow him to meet these负责人 in Guangdong Province, which would make things easier in the future.
However, Wei Li had been busy developing overseas markets for mobile phones recently, and it was basically impossible to see him in Hong Kong, so he only brought Yang Chaoye with him.
After Yang Chaoye organized his thoughts, he stood up, smiled, and said to everyone, "Hello, leaders. My name is Yang Chaoye. I am an American-Chinese. I worked at IBM for more than 30 years, rising from a small employee to the position of vice president. Because the company's development philosophy clashed with the current president, I ultimately chose to resign and work for Mr. Su Cheng's Su's Group. Mr. Su has actually talked to me about the matter of investing in the mainland before."
"As you all know, after the emergence of our Su's Group's groundbreaking product, Oracle Computer, we launched a chain of Oracle brand experience stores. Because of the popularity of Oracle Computer, this chain of brand experience stores has become popular all over the world, and as a result, the sales of many products under our group have increased greatly."
"Enterprises must pay attention to profits. While sales have increased greatly, we have found that our profits are not as high as we imagined, and the biggest reason for this is that our labor costs and the construction costs of new factories are too high, plus the import taxes for exporting to various countries are too high. If one of these two aspects can be alleviated, then our company's development speed will definitely be faster and our profits will be higher. To this end, I specifically talked to our boss, Mr. Su Cheng, about this matter a few months ago."
"At that time, our boss said that this problem was actually very easy to solve, and there were two solutions:"
"First, build branch factories in various countries, produce and sell locally, so that we can save high import taxes. However, the disadvantage is also very obvious. Our main markets are basically developed countries, such as Europe and the United States, or Dongying and other places. Although taxes can be greatly reduced if we build factories there, the labor costs in these developed countries are very high, comparable to Hong Kong, or even higher."
"Second, find a developing country with relatively low wages, so that our production costs can be greatly reduced. In this way, even if we export these products to those developed countries with high taxes, we can accept it."
"At that time, our boss mentioned the mainland. At that time, I was surprised that the mainland market was not open to the outside world. How could we invest in the mainland? And the boss said at that time that the mainland wanted to develop its economy, so it must open up the market and allow foreign capital to enter the mainland. This matter should not be too long."
"I didn't expect that only three months after we talked about this matter, the boss's words became a reality. Therefore, don't look at our boss being young, but sometimes I really admire our boss very much. At such a young age, he has such foresight. It is really rare in the world."
"Getting back to the topic, when it comes to investment, we are actually very confident in the mainland's economic development policy. Therefore, we plan to enter the mainland on a large scale in the future. In the early stage, we will mainly focus on the electrical appliance manufacturing industry. At that time, we will need your assistance in the recruitment of workers. Otherwise, if we fail to recruit workers, there will be no point in investing here. Everyone knows that the manufacturing industry requires a very large labor force. Therefore, regarding the investment project, Mr. and the leaders present do not need to worry. We will have an investment plan form later, and I will come to Yangcheng again to discuss it with you."
Yang Chaoye first praised Su Cheng, the boss, fiercely, and then said his answer.
Su Cheng didn't expect Yang Chaoye to say that.
However, he also understood that although he was already the richest man in the world when he came to invest in the mainland, if he revealed some of the boss's special foresight, the people present would definitely treat him with more respect.
After all, this is not Hong Kong, a place where they can do whatever they want. They are, after all, just outsiders.
"Mr. Yang, Mr. Su, regarding the matter of recruitment, you can rest assured. We lack many things, but we don't lack labor. As long as you invest here, we will assist you with as much labor as you need. This is not a problem for us at all. Therefore, you can rest assured and plan your investment!" The old man said with a smile after listening.
Although the population of the northern part of the country in this era has not reached 1.4 billion like Su Cheng's previous life, it is also close to 1 billion.
Therefore, there is no shortage of labor at all.
Even because the domestic industrial economy is not active now, it leads to excessive waste of labor.
This is also why they hope that Hong Kong businessmen will come in and invest.
Once the industry increases, the labor force will be released, and the economy will become active.
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