"I am very honored to be able to participate in today's meeting, and thank you all for giving me this opportunity to speak.
Many people here may know me, and some may not know me well. Let me introduce myself here.
…
When I come here today, I come here more in my personal capacity. I mainly want to talk to you about our policy towards foreign investment.
Regarding export processing enterprises, our policy has not changed and the tax rate is still 15%. I can honestly say that there are few places in the world with such a low tax rate.
Coupled with our extremely low labor costs, our products will be more competitive and we will be able to earn more profits.
As reform and opening up continue to advance in recent years, our market size has also continued to expand, fully capable of meeting the needs of many companies for the development of their own brands.
I also admit that some of our systems are not perfect yet, but we cannot just focus on immediate interests without looking to the future.
To borrow a sentence from Mr. Li Jianhui, why not eat minced meat? Many of our top companies can do a lot of business because of their abundant capital and occupy all markets.
But we still have a large number of enterprises that are not that strong and can only choose one place to develop. The paradise you think is not necessarily paradise for these enterprises.
I would like to ask the leaders of these companies who are preparing to move to ASEAN, what is the difference between moving to ASEAN and investing here? When you go there, you also use local currency, but when you go to the north, you also use local currency, and there is no foreign currency at all.
Concerns about exchange.
Moreover, in our north, there is no need to change our living habits, language, etc., and we are our own family. If you go to ASEAN, or even immigrate to ASEAN, you will always be an outsider to the locals.
In addition, we are also studying above. For those domestic sales enterprises, in order to ensure the normal life of their families and business management families in Hong Kong, we are preparing to formulate special cases on foreign exchange exchange. Although the profits cannot be all converted into foreign exchange, it can still be done to give them no worries.
.
…”
Rong Lao's words surprised everyone present. Even Li Jianhui did not expect that the above person would be so bold this time.
You must know that the north was extremely short of foreign exchange during this period. Yesterday, Rong Lao also hoped that the banks under the Tung Wah Association would take over 2 billion Hong Kong dollars in corporate bonds.
I didn’t expect to make such a promise today. A company including its boss and management would cost millions of Hong Kong dollars not to mention one more year. This is still a relatively small company.
If it were like Hongyu Clothing and Xinyang Clothing, it would cost at least tens of millions of Hong Kong dollars every year.
Of course, this time it is estimated that the above will only target those companies that mainly engage in domestic sales, and companies with export markets will not be included.
But the amount of foreign exchange required is not small. Once a large number of companies come here, I don’t know whether the northern foreign exchange can support it.
Regardless of what everyone present thought, the end of Mr. Rong's speech also marked the end of the meeting.
As the acting president, Li Guobao announced that February will not be held because it is around the Spring Festival and everyone is very busy. There will be only one topic in the March meeting, which is to elect the new president and vice president of the association.
and Managing Director.
As for the specific time of the meeting, it is tentatively scheduled for 3 pm on March 10th, which is also a Sunday, so everyone has a little free time.
The general meeting of the Industrial and Commercial Association is not held whenever you want. The meeting is held once a month. Generally, more than five members and one of them must jointly apply for the meeting. If there is no application this month, the meeting will not be held.
.
Today's meeting can be held mainly because of the Charter King, who is also the only executive director of the Xianghua Association and the Pro-Xianghua Association.
Although the meeting broke up, its influence continued to spread, and the relationship between the Tung Wah Association and the North continued to move away from each other.
Mr. Rong, who returned to Xinghua Society in Xiangjiang, gave Mr. Liao and Li Jueshen a detailed explanation of the meeting, so that they could understand the current situation and facilitate their follow-up work.
"Rong Lao, thank you for your hard work. It's because we didn't do our job well that you suffered for this."
"I have nothing to do with it. I just wronged Huo Bao and others. Now the Donghua Association does not care about face at all and puts everything on the table. The asset transfer to the ASEAN market is even more grand. I'm afraid your work will be more difficult in the future."
Mr. Liao and Li Jueshen could only sigh helplessly. As time went by, the rift between the two parties became wider and wider, and even Li Jianhui publicly stood up to express his attitude.
Why don't you eat minced meat? This is not just a criticism of Huo Bao and others, I'm afraid it is more pointed at myself and others.
"Rong Lao, you have extraordinary influence in the business world. I hope you can help Ju Shen more in the future.
As for me, you also know that my current age, coupled with the current changes in the situation, I am no longer suitable for this position. I will return to Beijing to report on my work in the near future, and I will probably officially retire by then."
Mr. Rong is aware of Mr. Liao's situation. There have been such big changes here during this time, so naturally someone needs to be responsible. It is probably Mr. Liao who has shouldered everything, otherwise he would not have been asked to assist Li Jueshen in his work here.
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"Mr. Liao, I don't blame you for this situation. I will personally report to the superiors after I return. I need to let them understand the true thoughts and current situation of the business community in Xiangjiang.
The above just think that the leaders of the companies here are just worried about a recurrence of what happened decades ago, and are only in conflict because of their lack of understanding of the north due to the impact of their living environment.
I thought that as long as I explained it clearly and increased the trust between both parties, it would be resolved quickly.
I simply don’t know that the fundamental reason for the gap between the mainstream of Hong Kong’s business community and us is not a lack of understanding and distrust, but a platform that can implement corporate governance.
We cannot give it to them, but they have such ambitions. The fundamental reason for this situation is ideological opposition.
To be honest, the one who sees this most clearly is the Tung Wah Association headed by Li Jianhui. It started planning for this very early and carried it out unswervingly even though it knew it would cause us displeasure.
On the contrary, our reaction here is still a little slow, and we always think that it will take a long time to find a way for both parties to coexist.
As for the forces such as Xinhong, Xinya, and Nanjiang, they are mostly followers of the Donghua Society, and these parties mostly just want to develop their own industries, and their ambitions are far less than those of the Donghua Society."
Mr. Liao sounded quite ashamed. He once had the kind of thoughts mentioned by Mr. Rong, and some of the upper-level officials also thought the same way. Therefore, they have always been erratic about the policies and attitudes of the Donghua Association.
Donghua would use the fact that he had gone away to tell them that coexistence between the two sides was just a beautiful fantasy and completely impossible.
"Rong Lao really pointed out that the essence is just seeing so much national capital transfer, there is always some deep regret in my heart.
These people are all business elites, especially Li Jianhui. After looking at the nation's thousands of years of history, we can't find anyone who can compare with them in business. Their departure will be a big loss to the national enterprises.
If their ambitions can be smaller, if they can trust us more, I believe this city will be able to shine in the world, and our nation will have a say in many industries.
It's a pity that everything has just begun, and the brightest moment has not yet arrived, and it has already been covered with dust.
Li Jianhui has indeed lived a clear life. He may understand our political governance better than we do. We are for the whole, for the majority, so we can sacrifice individuals and small parts. Li Jianhui once bluntly told us that he did not want to be the one who was sacrificed.
part.
Mr. Rong, I have worked here for decades and this has become my second hometown. I really don’t know whether this is good or bad for the city and its citizens.
…”
Whether Mr. Liao was speaking out because of his feelings or because he was dissatisfied with his upcoming resignation, Mr. Rong and Li Jueshen both stopped him from talking.
No matter whether it is right or wrong, it is not for people like them to judge, and they must be on the right side.