Tao Liangchen

Chapter 931 Poking a Hole in the Ceiling

Chapter 166 A Lofty Pursuit

  Nangong Tian was still recuperating in the hospital.

  Su Yehao received a report from 5s Asset Management and agreed to help receive a delegation of business representatives from the Middle East. The meeting place was set in Pengcheng, which was just beginning to develop.

  Global energy demand was strong, and crude oil prices had risen to around thirty-six dollars, remaining high for a long time. Occasionally, it even exceeded the price when the old Americans attacked old Yi last year, causing market turbulence. These oil-producing countries were all making a killing.

  As the best-performing emerging market in the world, the mainland was bound to attract the attention of many international investors.

  This time, a group of enterprises and institutional representatives from the Middle East came to the mainland to inspect the market, with the sole purpose of investing money.

  It was said that the budget might even exceed ten billion U.S. dollars, a sum that was worth Su Yehao taking a trip himself.

  The chief executive officer of the Hong Kong Stock Exchange, Zheng Yongwen, somehow got wind of it.

  He proactively followed Su Yehao in the car to Pengcheng, obviously wanting to get a piece of the pie.

  Considering that there were many mainland listed companies on the Hong Kong Stock Exchange, it was indeed suitable for attracting multinational hot money. Su Yehao didn't intend to stop him, but whether Zheng Yongwen could attract the attention of potential large investors would depend on his own ability.

  Hearing that the Si Jiu Cheng (lit. Fourth Ring City, referring to Beijing) side was very concerned about this inspection team and even sent someone to be responsible for the reception, Su Yehao couldn't risk offending people to help Zheng Yongwen increase his performance. Agreeing to bring him along was already a big favor.

  Now everyone knew how fiercely the mainland was competing for investment.

  Various welfare policies were directly maximized. Many companies from Southeast Asia, Europe, America, Japan, and other places moved their factories to the mainland, resulting in a great economic and employment situation on the mainland. There was even a "labor shortage" in the market.

  This was almost unbelievable in the past few years. Many areas in the southeast coastal region lacked young female workers, especially in the light textile and garment processing industries. College students in the job market were very popular.

  Every era has its own characteristics.

  The atmosphere in the mainland was making Su Yehao feel more and more familiar, as were the scenes on the streets. The old and the new were being replaced, and construction was going on everywhere.

  Sitting in a Rolls-Royce Phantom with dual license plates, Zheng Yongwen said, "It's worthy of being a new car. I'm not tired at all after sitting for so long. When I get back, I'll sell my Silver Spur and find a way to buy a Phantom as soon as possible."

  Su Yehao now had no interest in cars at all. Changing it to a car company itself would be more like it.

  He dozed off and said to Zheng Yongwen:

  "Things are valued for their scarcity. This thing is just a consumable. You can buy it as long as you have money, so it's not very interesting. Compared to gasoline cars, electric cars are more interesting now. The mainland lacks oil and has a very large demand for energy. As an oil-poor country, if electric car technology meets the standards, it will probably not be difficult to sell in the future. Once it's done well, the market value will easily break one hundred billion, and it's not impossible to reach one trillion."

  Zheng Yongwen calmly said, "That makes sense, but if it were really that easy to do, how could it be your turn?"

  "That's right, let's prepare in advance, just in case it has a future."

  Su Yehao continued:

  "In order to sell oil at a high price and ensure their own interests, those oil sellers have been saying for many years that oil is running out. I think the reserves are getting bigger and bigger. Developing electric cars themselves may not be too difficult. How to break through the barriers of the upstream and downstream of the industry is the key. Therefore, the fact that the mainland is an oil-poor country is very important. It is more suitable as a test field, and it is easy to get support from above."

  Zheng Yongwen's strength was what it was.

  Even if Su Yehao told him his ideas, Zheng Yongwen couldn't realize them. He just sighed and said:

  "It's really rare to still maintain the passion for entrepreneurship after having your net worth. If it were me, I might have lost myself long ago."

  Su Yehao said with a smile, "Maybe it's because doing business itself is secondary. I have other pursuits."

  Hearing this, Zheng Yongwen was quite interested and asked:

  "Oh? I'd like to hear about that. Is there a chance to become the richest man, and that's not enough?"

  "Those are two different things. I once saw foreign experts comment that with the mainland's population, if it continues to maintain its economic growth and becomes wealthy, it will consume a lot of resources, and it will be a disaster. Is that human?"

  As soon as Su Yehao finished speaking, he immediately asked and answered himself, shaking his head and adding:

  "I don't think so. Why can the residents of Western countries easily obtain a high quality of life with very little labor? Because they have capital, technology, and they firmly control the economic lifeline by formulating rules."

  "If we can think of ways to maintain advantages in some key areas, and shift from labor-intensive and resource-intensive enterprises to producing high value-added products, maybe in the future, there will be hope to push the ceiling that restricts us Chinese people a little higher through my efforts."

  "If we take the wealth created as a reference, it is equivalent to making the lives of some people more valuable. The household appliances they can only buy after saving for half a year now, maybe they will only need to spend half a month's salary in the future..."

  Hearing this.

  Zheng Yongwen couldn't help but clap his hands and said with emotion:

  "A very valuable life pursuit, enough for you to work hard for it for decades. The United States has military strength as its foundation, and it firmly maintains its advantages through culture, the U.S. dollar, and high technology. The Middle Eastern oil-producing countries have resources. The mainland seems to have everything, but it lacks everything. Developing industrial products with high added value is indeed the direction to maintain its competitiveness and develop the economy."

  Don't think that Zheng Yongwen can understand Su Yehao's ideas, but in reality, he can't touch these levels of things.

  Su Yehao is different.

  He has capital, technology, knows the general direction of development, and his personal influence is increasing day by day.

  If he fully promotes the development of semiconductors, smart terminal equipment, the Internet, electric cars, and other industries, maybe he can really push the ceiling that restricts Chinese people a little higher to some extent.

  In the future, it will cost tens of billions of U.S. dollars to import cars every year, hundreds of billions of U.S. dollars to import oil every year, and hundreds of billions of U.S. dollars to import integrated circuits.

  If we can think of ways to intercept some of it, the value created will far exceed the money itself, which is equivalent to taking out more than one trillion RMB every year to stimulate the economy.

  And if it changes from import to export, the benefits involved will be even greater.

  At the beginning of this year, Su Yehao also had a whim to promote Casino, 1997 to learn from Singapore's model, reduce taxes for companies that set up their global headquarters in Casino, 1997, and abolish the wealth tax for the rich. This is also a level that ordinary people cannot reach.

  Some people once said that mainland rich people like to run away, attributing the problem to the society itself.

  In fact, after all, it's just a matter of interest.

  Even the United States, if there were no high expatriation taxes, I believe that American rich people would also choose to immigrate and avoid the inheritance tax.

  The inheritance tax will not hit the real rich, it will only force the rich to choose to immigrate to tax havens, which is a bit counterproductive in the long run.

  The same is true for corporate taxes. If the tax rate is too high, entrepreneurs will move away. The reason why Singapore can attract so many companies and let the rich immigrate with money is because of two words: low taxes.

  Other places focus on taxes, while Singapore values the value of the company and the entrepreneurs themselves, which can be regarded as another way to break new ground and create a new way to get rich.

  In Su Yehao's view, this set of harvesting wealth is quite in line with the current situation in Casino, 1997.

  As long as he borrows the Hengqin land on the west side of Hong Kong City from the mainland, there will be no shortage of office space, and the Casino, 1997 economy may become more developed.

  In the past, Su Yehao was always learning to think like a businessman. Now the situation has changed again, and thinking about problems is no longer limited to wealth itself...