Go back to 1990 to start a business

Valentine asked curiously: "Why?"

“From a policy perspective, attracting foreign investment is considered a shortcut to revitalizing the economy, so foreign investment will soon enjoy ‘super-national treatment’, and various regions will launch strong preferential policies for foreign investment and joint ventures.

A commonly adopted tax policy is 'three exemptions and two half reductions', which means that income tax is fully exempted for the first three years of business establishment and is reduced by half for the next two years.

Moreover, you will find that in many places, the halving policy is only implemented from the year when the company starts to make profits.

In terms of income tax levy ratio, the tax rate for joint ventures is 15-33%, while that for domestic enterprises is 55%.

This status difference in tax policies will greatly stimulate international capital's interest in the Chinese market and make China prosper faster than you expect.

One thing you must have not considered is that China is different from other countries. It has come from a closed country. This is a complete ecology. Raising any point will shake up the entire ecological cycle - can you understand what I am saying? "

Valentin said calmly: "Continue, it's not enough."

“In terms of reform concepts, foreign investment is seen as the best driving force for transforming corporate mechanisms.

For example, there is a famous printing and dyeing factory that is a joint venture with a company in Xiangjiang. The new company laid off two-thirds of its employees and still uses the original Japanese equipment from the 60s. The administrative staff has been reduced from 35 to 3. Xiangjiang brought 70% of the export business, and the factory quickly turned a profit.

It can be seen from this example that what the Xiangjiang joint venture brought to the old factory was: less disruptive layoffs, the introduction of new management methods, and the development of export channels.Obviously, this is a satisfactory result for both parties.

On the other hand, discrimination against private enterprises also increases the demand for foreign investment.

Today's state-owned enterprises are operating on the edge of bankruptcy. At the same time, despite their rapid development, private enterprises are still subject to severe credit constraints, unable to obtain financial support, and are restricted from entering many industries.

Inefficient state-owned capital needs to find efficient cooperative capital. It faces two major capital groups: one is multinational capital groups and the other is private capital groups.

In this choice, transnational capital has become the chosen target.

The massive influx of foreign capital starting in 1992 is inseparable from the establishment of this reform idea.

There was once a private entrepreneur who met with bank leaders through relationships.The leader said: We have a policy that stipulates that we cannot meet with private entrepreneurs.In 1954, our branch lent money to private farmers to buy donkeys, but they did not repay the money.

Look, this is national treatment.

What is the treatment for foreign investors?

In order to attract foreign investment, various regions have built development zones one after another. In 1991, there were more than 100 development zones across the country. By the end of 1992, there were more than 2000 development zones. This year, they have become even more out of control.

In order to attract foreign investment, these development zones have formulated preferential policies that are more popular than the others, and some even go so far as to sacrifice capital.

The vast majority of land transfers in development zones are carried out by agreement, so gray transactions are everywhere. The national income lost from black market land transactions every year is estimated to be as huge as 200 billion yuan.

These foreign businessmen take over hundreds or hundreds of acres or even several square kilometers at an extremely low price, then flatten the land a little and sell it at several times the price to make a profit.

A development zone in Jiangnan Province is selling land with 70-year use rights at a transfer price of 2000 yuan per mu, which is equivalent to 0.04 yuan per square meter per year.

Some provinces in central China have even introduced preferential policies to waive land use fees.Nowadays, when foreign investors come to China, they can see the signs of real estate development companies everywhere, and there is talk of land sales everywhere.

So far, the construction area of ​​development zones nationwide is 307 square kilometers, accounting for about 2% of the total planned area. In other words, more than 90% of the cultivated land has been "encircled but not developed", resulting in a reduction of 1000 million acres of cultivated land nationwide.

It is these foreign capital that are harming China, and you actually say that they are not making any money?

Of course, this kind of chaos will be cured, but foreign capital will always make money in this country. There is no need to stop this. Foreign capital is the best to learn the lesson of market economy. If I want to learn this lesson, I will Shattered to pieces.

So, don’t expect me to be a venture capital fund manager for you in order to keep your money. If I make money, I’m a bastard. If I don’t, I’m a turtle. It’s like I’m taking advantage. I won’t do it. You like investing or not. . "

Valentine laughed.

"Okay, let's talk about going public."

Xia Chuan immediately waved his hand: "Don't talk to me, my words don't count."

Valentin sneered: "I'm afraid you're thinking too much and came alone. You have to come up with the investment project to raise funds, right? You have to give a clear range for the financing amount, right? If this is not done well, it will directly affect the market value. Jiang Yuhua really supports it." Can’t live with a $300 billion valuation.”

"Oh, don't underestimate Jiang Yuhua, plus Fei'er has enough support." Xia Chuan said seriously.

Valentine's eyes lit up: "Okay."

……

Hong Kong Stock Exchange.

Jiang Yuhua walked directly into the gate of the exchange and was stopped by two guards.

"Where did they come from? What are you going to do?" a fat guard asked sternly.

"Let me take a look." Jiang Yuhua took off his sunglasses.

This action made the fat guard soften his tone slightly: "Visits are not allowed here."

"Then I won't visit anymore. I want to see Zhou Wenyao." Jiang Yuhua said.

The fat guard suddenly looked unkindly: "Do you have an appointment?"

"I'm from the mainland, I don't know the phone number, and I don't have an appointment."

"You want to see the president without an appointment? Who do you think you are? The president is very busy, and not just anyone can meet him if he wants to!" the guard scolded him sternly.

Zang Hong and Du Hai lowered their gazes to cover up their murderous intentions, but Jiang Yuhua just smiled and said lightly: "Then I'm gone. Please tell him that Jiang Yuhua has been here."

When you're done, turn around and leave.

The two guards looked at each other, and the name sounded familiar to both of them.

It wasn't until Jiang Yuhua and the others got into the taxi and drove away that the guard who had never spoken suddenly woke up.

"Isn't Jiang Yuhua the woman the Zheng family was looking for last night?"

"Damn it, tell the Zheng family quickly." The fat guard panicked. The Zheng family couldn't afford to offend him.

"Fuck, you drove people away, and now you're going to scold her? Just pretend she's never been here."

"You don't need to notify the president?" the fat guard asked.

"No need. Pretend you didn't hear me at all."

The taxi took Jiang Yuhua and the others directly to the airport. As soon as the driver turned around, an ordinary man got in the car.

"No need to drive, where did you pick up the three of them?" He handed over a Hong Kong dollar as he spoke.

The driver immediately smiled and said: "At the Union Exchange."

The man's eyes were dull. It turned out that the three of them were hiding in the exchange. I just don't know who did it?

He rolled his eyes and asked, "Will anyone send them out?"

"No. They were kicked out by guards within a minute of entering."

The man took a deep breath. Damn it. He swallowed and asked again, "Did they say anything in the car?"

"I didn't understand a few words, so I can't learn them."

"One word will do," the man said.

"Oh, it's on the market, you can't go wrong with this one."

"Thank you." The man got out of the car, took out his phone and dialed a number: "Mr. Zhou, I met Jiang Yuhua and the others at the airport..."

He told the details of the incident.

Zhou Wenyao was shocked and angry: "I was looking for someone everywhere, planning to ask someone to go public, but when they came to talk about going public, they were chased away by the guards?"

"Yes, the driver saw it with his own eyes. I guess it's because there was no reservation."

"Okay. Mad, this is a bad reason, I won't kill them." Zhou Wenyao hung up the phone and immediately dialed another number: "The two guards at the door of my exchange are suspected of stealing internal top-secret documents. Lock them up for three years!"

"Okay, it's no big deal." The police officer said lightly and hung up the phone.