Chapter 380 Mr. Yang and Empire Group Are Going to Invest Heavily in China

Chapter 380 Mr. Yang and Empire Group are going to make large-scale investments in China!

Ma Shimin and others understood after hearing Tang Shilian's translation.

That is, China formally invited Mr. Yang to return to Guangdong Province for inspection and investment.

In the eyes of Mai Lisi and Ma Shimin and others, the domestic business environment is not worth investing from beginning to end.

However, they know that the boss Mr. Yang's layout is different from what they think.

"Last time, I was invited back to Yanjing to attend the National Day ceremony. I have already told you that I went back not only because my ancestors came from China, but also because I want to prepare for investment in China."

Ma Shimin and others understood this point.

However, Mannix and Xijiao Youhong were attending such a meeting for the first time, and they were not very clear.

"The second time, I went back to my hometown to recognize my ancestors and visit their graves, not only for my parents, but also because of my identity, and to make further preparations for investment."

"Now is the third time. This time is really preparing for domestic investment. I think that time is running out and opportunities are rare. In addition to us, there will be more other smart people who can see the huge wealth brought by this."

Yang Ming must first make it clear to these white executives.

That is, he must invest, and he may invest on a large scale!

Historically, Li Jiacheng started to invest on a large scale after 1992.

At that time, it was relatively late for Li Jiacheng.

However, from 1978 to 1992, he had been observing the domestic situation and development.

For Li Jiacheng, the simplest way is to acquire land in the country in the name of him and the company, and in the suburbs of those cities.

After getting the land, he actually didn't have to do much. He just hoarded the land there. He hoarded it for seven or eight years, or even more than ten years. Compared with the original land acquisition price, the price has doubled several times.

In other words, he didn't have to do anything, just hoarded the land and sold it directly to make a lot of money.

In addition to this, he could even get land with a loan from a domestic bank, or a low-interest loan.

Why could he easily get land and hoard it?

It was because Li Jiacheng had a different identity in history. At that time, he had swallowed up Hutchison Whampoa and Hong Kong Electric Company, and was already the richest man in Hong Kong, and even the richest Chinese. His reputation, his status, and his influence could drive too many people.

Moreover, at that time, the country also needed his reputation to drive other investors to invest in the country.

This also made Li Jiacheng earn more than one trillion RMB or even more by hoarding land in the country.

Today, Yang Ming has too many advantages over Li Jiacheng.

He doesn't have to simply hoard land like Li Jiacheng and do nothing. After 1992, when the domestic business environment was very stable, he made a huge fortune through that method.

"First of all, I want to make it clear that both I and Empire Group want to invest in China, and on a large scale."

Yang Ming looked at the white executives sitting there.

Although Yang Ming knew that some of these people were against him, now Yang Ming also knew that they were thinking from a business perspective, that is, for him and Empire Group.

"What do you think?"

"Boss, I think we should be cautious about the domestic business environment."

Ma Shimin said.

He was still worried about the business environment and felt that the investment might go down the drain.

Yang Ming smiled and said, "The domestic business environment is certainly not as good as that in developed countries. There are good and bad things here, and the pros and cons are similar. However, the biggest advantage of China is labor costs."

In terms of labor costs.

Yang Ming has mentioned it to them twice.

According to the current domestic labor wages, the average monthly salary is 20 to 30 RMB. Even if calculated according to the exchange rate with the Hong Kong dollar, it is about 80 to 100 Hong Kong dollars.

Now the minimum wage in Hong Kong is more than a thousand Hong Kong dollars, and the highest is two or three thousand.

In this way, the difference in labor costs between the two places is really huge.

In addition, in the early days, in order to attract more foreign investment, taxes were almost waived in the domestic investment promotion.

Moreover, the larger the company, the more attention it receives from the domestic government and the better it is protected.

In other words, the business environment that Ma Shimin and others are worried about is actually not a concern at all.

They just don't understand the domestic environment, so they are like that.

"Labor costs, domestic advantages are very large."

Ma Shimin and others also agree on this point.

The current average wage in China is still too low, and it is simply incomparable with Hong Kong, Japan, Taiwan, and even Europe and the United States.

"Second, tax incentives. The earlier we invest, the greater the tax incentives."

"Third, occupying land."

Yang Ming did not say hoarding land.

Because if it was just hoarding land, he could just hoard land in the name of the Empire Group's company without investing in any industry, just like Li Jiacheng.

However, Yang Ming was talking about occupying land.

First occupy the good places, invest in your own industries, drive the development of the surrounding areas, and then these lands can be taken out for development in the future.

So, in this regard, Yang Ming's advantage far exceeds Li Jiacheng.

The most important thing is that it is really cheap to acquire land and occupy land now.

Even in the early days, cities like Pengcheng and even Dongguan may provide a lot of space for foreign-funded enterprises for free, but it involves a time and tax issue of right of use.

"Fourth, industrial layout. If my guess is correct, the industrial transfer abroad will soon transfer the industrial chain to China, especially to Guangdong Province and other places."

The transfer of industrial chain is inevitable.

Among them, the industrial chain transfer mainly comes from Japan, Korea, Taiwan, and even Hong Kong.

Why transfer?

Among them, it has a lot to do with labor costs.

Those manufacturing industries that require a lot of manpower will be transferred to the Pearl River Delta at the earliest.

The earliest transfer was from Hong Kong.

Then the professional transfer from Taiwan.

Next is the transfer from Korea and Japan.

Even many manufacturing professionals from Europe and the United States come here.

Historically, the world's largest OEM factory Foxconn appeared in Pengcheng.

Among them, Foxconn is just a representative and a microcosm of the transfer of industrial chain. More such OEM factories appear in China because of the transfer of industrial chain and population advantages and population cost advantages.

Then why do India and India have so many people, why didn't they transfer there?

Also, the population in Nanyang is also large, and the salary is not high, why didn't they move there?

In fact, this involves geographical location, domestic business environment, etc.

In fact, in the era that Yang Ming experienced in his previous life, when he was studying in Hong Kong, many domestic industrial chains had already begun to move to Nanyang.

This is also an inevitable trend.

Now China is just before the industrial chain transfer begins.

Ma Shimin was surprised.

Wei Li and others were even more surprised after hearing this.

There are also Zhou Kaixuan, Lin Xiuzhi, Xijiao Youhong and others. They didn't expect that the boss knew much more than they imagined.

If Yang Ming hadn't explained it at the beginning, they might not understand.

However, at this time, Xijiao Youhong and others deeply realized that Mr. Yang's layout was far beyond their imagination.

The development of manufacturing in Dongyang and even Goryeo at that time was actually closely related to the transfer of European and American industries to these two places, as well as the support of the United States for Dongyang and Goryeo.

In other words, industrial transfer is about to begin again.

Including many manufacturing industries in Dongyang, they may be transferred to China.

The first chapter of the explosive update!

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