Rebirth in 1989: Creating the Chinese Technology Empire

"Director Luo, the transaction volume of this exhibition is very good. So far, the transaction volume has exceeded 50 billion US dollars..."

In the Canton Fair exhibition hall, a staff member was reporting the performance of the Canton Fair to Luo Xiangyu.

This year’s Canton Fair has slightly changed its rules, changing it to twice a year in spring and autumn.This is the autumn exhibition, and the total transaction volume of the spring exhibition is 54.6 billion US dollars, which is also a very good result.

Now the autumn exhibition has also exceeded 50 billion US dollars in transaction volume, which is really good.

Luo Xiangyu looked at some information in his hand without much smile on his face.

"Hey, it's a pity that there are so few export products."

Luo Xiangyu sighed. US$50 billion was the transaction volume of the entire exhibition.

But this 50 billion US dollars is not the export volume, but the import and export volume, and most of it is imported. China has few things to export, but many things to import.

The things exported are not advanced products. Most of them are handicrafts and some raw materials, and the prices are very cheap.But imported things are very expensive. They are advanced equipment that some countries urgently need for construction. A set of that kind of equipment sometimes costs hundreds of millions of dollars. How many cheap goods does the country have to export to get such a set of equipment?

The gap, this is the gap between China and developed countries abroad.This gap is so huge that it's disappointing.

"Director Luo, things will get better gradually in the future."

The staff member whispered, Luo Xiangyu sighed and continued walking while looking at the booth.

Looking at the advanced equipment and exquisite home appliances displayed by foreign brands, Luo Xiangyu was envious. When will China be able to have decent high-tech products? When will China be able to use high-tech products to make money from foreigners?

"Director Luo, Director Luo..."

Suddenly an anxious voice made Luo Xiangyu stop.

"Xiao Zhang, why are you so panicked?"

The person who came was named Zhang Yuancheng, who was in charge of the Canton Fair.He was also very busy during this time.

"Director Luo, big things, big things."

Zhang Yuancheng panted and stopped beside Luo Xiangyu. These words made Luo Xiangyu's face immediately become serious.

"Xiao Zhang, tell me seriously, what happened? Is there a conflict between a domestic company and a foreign guest?"

Luo Xiangyu asked quickly.

"No, it's a good thing. Director Luo, people from Wal-Mart and Best Buy in the United States want us to be a guarantee. They want to purchase a batch of home appliances from a domestic electrical appliance company with a total value of 1.8 million U.S. dollars, because this is the first time they have cooperated. , they were a little worried, so they wanted to ask our government to provide a guarantee."

Zhang Yuancheng said quickly, which made Luo Xiangyu's eyes widen.

"How much did you say? 1.8 million U.S. dollars? Are you sure you heard it right? Not 1800 million U.S. dollars?"

Luo Xiangyu asked quickly.These words made Zhang Yuancheng laugh. He was shocked when he heard this data just now. After repeated confirmation, he realized that it was true.

"Director Luo, it's 1.8 million U.S. dollars. They want to purchase a batch of air fryers from Huasheng Electronics, a total of 300 million units. Each air fryer is priced at 60 U.S. dollars. Now all three of them are in my office... …”

As soon as Zhang Yuancheng finished speaking, Luo Xiangyu immediately strode towards Zhang Yuancheng's office.

What a big deal, 1.8 million US dollars, and it is a product exported to the United States.

What's this?Is this foreign exchange?

How short is the country of foreign exchange now?So lacking, so damn lacking.

How much foreign exchange does China have now?Only $50 billion.Huge China only has US$50 billion in foreign exchange.

And there are too many good things from abroad?These things all require foreign exchange to purchase. If there is no foreign exchange, I’m sorry, people don’t recognize RMB. If there is no foreign exchange, they won’t be sold.

Advanced machine tools, advanced weapons and equipment, advanced medical equipment, etc., all require foreign exchange.In order to create foreign exchange, domestic companies are going crazy now. Which company can create foreign exchange for the country will be China's hero.

So during this period, the operations of some companies sound funny.

Many products are sold directly at a loss, yes, that is, they are sold abroad at a price lower than the cost.The money lost is subsidized by the country in RMB, and the country that sells the products takes away the foreign exchange. It sounds funny, but when you think about it carefully, it is very distressing.

Because there is no foreign exchange, many good things in China have been bought by foreigners at extremely low prices.For example, precious rare earth resources, or exquisite handicrafts.

After Luo Xiangyu and his party came to the office, they saw Xu Dabao and his party at a glance.

"Mr. Xu, let me introduce to you, this is Director Luo from our Guangdong Province Foreign Economic and Trade Department. Director Luo, this is Mr. Xu from Huasheng Electronics, this is Mr. Sam, the purchasing representative of Wal-Mart, and this is Best Buy Mr. Kane, the purchasing representative…”

Zhang Yuancheng quickly introduced each other.

"Hello, Director Luo, I am Xu Dabao from Huasheng Electronics..."

Xu Dabao quickly stretched out his hand and looked very enthusiastic.

Boss, this is a boss.

Director of the Guangdong Provincial Department of Foreign Economic Relations and Trade, although Xu Dabao didn't know how awesome this position was.But looking at Zhang Yuancheng's attitude, Xu Dabao knew that this position was definitely not small.

"Hello, Director Luo, I'm Sam from Walmart..."

"Director Luo, hello, I'm Kane from Best Buy..."

Sam and Kane also greeted Luo Xiangyu. Looking at these three people, Luo Xiangyu tried to stabilize his emotions.

"Hello, hello, I heard that you have a business and you need a guarantee from our government?"

Luo Xiangyu acted very calmly. Although he was excited, he knew that he must remain calm after seeing strong winds and waves.Because he not only represents himself, but also represents China.

"Yes, that's right. Our company has recently developed a product called an air fryer. Two companies, Wal-Mart and Best Buy, want to purchase our product. The total purchase volume is 300 million units, with a unit price of US$60 each, offshore. As for the price, because it was our first time to cooperate, they were a little worried..."

Xu Dabao explained the matter in detail.

After finishing speaking, Luo Xiangyu laughed.

There is no problem with this matter. For such a big business, it is perfectly fine for the government to guarantee it.Not only does it have to guarantee, but for such a large order, the government has the responsibility to help the company complete the order, and at the same time, legally supervise the company to avoid bad disputes.

The atmosphere in the office became very harmonious, and Sam and Kane expressed their requests.

This order is huge and the funds are huge.

The entire order is delivered in batches, and Walmart and Best Buy require a tenth deposit upfront.After Huasheng Electronics delivers one-tenth of the goods, Wal-Mart and Best Buy need to pay another ten percent of the payment.

To put it simply, you pay first and deliver the goods later.

Luo Xiangyu swallowed. This was the first time Luo Xiangyu had seen doing business with foreigners.In the past, when domestic companies exported products, foreign investors made things difficult and found faults.Many of them only pay after seeing the goods, and some even directly press the payment for several months.

But now for Huasheng Electronics, Wal-Mart and Bestma actually pay first and pick up the goods later. This is really strange.

"You two, you can rest assured that our Chinese government will serve our Chinese enterprises wholeheartedly. You two, please wait a moment while Mr. Xu and I have a few words alone."

After understanding it, Luo Xiangyu said with a smile, and then directly called Xu Dabao to the next room.

When the door to the room was closed, Luo Xiangyu immediately changed his expression to a serious one.

"Mr. Xu, tell me the truth, have you defrauded foreign businessmen? You have to know that the amount of this transaction is very large. If you are defrauding, you will be punished."

Luo Xiangyu asked quickly. He still can't believe this is true.

"Director Luo, that's what you said. Our Huasheng Electronics is a serious company. The air fryer is a new product developed by our company and has a patent registered worldwide. Director Luo, to put it bluntly, Wal-Mart and Baidu Are Sima and the others fools? If they didn’t do a thorough inspection and see the actual products, how could they place an order in such a hurry? And they pay first and then ask for the goods. Who else in the country is doing this with foreigners? Is this what business is like?”

Luo Xiangyu breathed a sigh of relief at Xu Dabao's words.

That’s right. If Walmart and Best Buy don’t see the products and do a thorough inspection, how can they place orders?And you pay first and then get the goods.

Foreign businessmen are not fools, especially giants like Wal-Mart and Best Buy. Even major international brands that cooperate with them have to listen to them.

Thinking of this, Luo Xiangyu laughed, and a strong curiosity arose in his heart. What on earth is this so-called air fryer?

Luo Xiangyu looked at Xu Dabao differently.That's great. Although Luo Xiangyu doesn't know what an air fryer is yet, it's great if it can be exported to the United States and make US dollars.

Huaxia's home appliances are exported to the United States and are competed by the two major American stores. Why does this sound so enjoyable?

What's more, you can still earn so many US dollars, 1.8 million US dollars in foreign exchange. In today's era, this is a heavy achievement. US$1.8 million will allow the country to purchase several more sets of advanced equipment.

Luo Xiangyu and Xu Dabao returned to the room, and Luo Xiangyu also listened carefully to the requests of Wal-Mart and Best Buy.

After hearing this, he immediately asked Zhang Yuancheng to prepare the contract.

In fact, it is very simple. It is nothing more than the Chinese government conducting reasonable supervision on Huasheng Electronics to ensure the delivery of goods.After all, this time the funds are relatively large, there are more goods, and it is the first time to cooperate.

In the future, there will be more cooperation, there will be new people among us, and the Huasheng Group will become famous, and then there will be no need to do business in this way.

In the office, under the witness of Luo Xiangyu and others, Huasheng Electronics and Wal-Mart Best Buy formally signed a contract.

Looking at the heavy contract, Luo Xiangyu laughed, and Xu Dabao and Xu Huasheng also laughed.And Sam and Kane were happy, as were David and William.

This is a win-win business, and everyone is happy.