At the end of December 1979, Bai Yajing gave birth to a daughter, whom she named Xiang Zhiwei, meaning to understand the great from the small and to be intelligent and perceptive.
Grandma cried tears of joy, releasing all the regrets she had held in her heart for so many years. After that, she became much more cheerful.
This year, Liu Meiling and the others stayed in Kyoto for winter vacation, and Grandpa Bai also took Da Bao and Er Bao back to Kyoto.
The house was bustling with activity every day, and members of the Xiao family would come to visit from time to time.
It's rare that everyone can get together today.
Liu Meiling teased the fourth child, while the other children all went out to play together.
Qiao Yu, Ma Pingchuan, and Zhao Liang huddled together and whispered among themselves.
Upon seeing Bai Yajing come out, they quickly invited her to sit down.
Bai Yajing handed the prepared milk to Liu Meiling before walking over.
Liu Meiling skillfully fed the fourth baby, not bothering to listen to their conversation, because she knew that the three men had been preparing for this for a long time.
These three guys went to the School of Economics at Renmin University and spent all their time figuring out how to get rich.
As soon as Bai Yajing sat down, Qiao Yu handed her the plan that the three of them had spent several sleepless nights writing.
"Sister Bai, the country has now officially proposed 'reform and opening up,' and the higher-ups are encouraging 'letting some people get rich first.' This is a policy shift that hasn't been seen in decades."
Guangdong and Fuzhou have already established special economic zones, allowing for private sector development and foreign investment cooperation—whoever acts first will be able to seize the opportunities of this era.
Ma Pingchuan also tried his best to persuade Bai Yajing.
"The Third Plenary Session of the 11th Central Committee of the Communist Party of China in 1978 established the reform and opening-up policy, and the Joint Venture Law was promulgated in 1979, which greatly reduced policy risks."
This is a great opportunity, Sister Bai, would you be interested in joining us?
Their planned business empire is very large and requires sufficient financial support.
However, their combined financial resources were insufficient to support such a large empire. If they were late, the opportunity would be fleeting. Although they could still grow from small to large step by step, they would be much later than others, and their future development would be limited. That's why they wanted to bring Bai Yajing into the business.
Bai Ya remained silent. She and her grandfather had long been aware of the reforms. After a year of adjustments, the Bai family had returned to its former glory. Unfortunately, the old man had limited energy and had mentioned it to her, telling her to spend more time thinking about how to seize opportunities to develop the Bai family.
She looked at their proposal carefully.
After a moment, she closed the proposal and slowly parted her lips. "The policy has indeed just been introduced, and there's little competition right now. In places like the fishing village in Shencheng, every household's income has multiplied several times this year due to processing imported materials."
However, you've expanded too much. You want to run away before you've even established a firm foothold? At least you should start making money and developing your business in one industry first, right?
I know you're anxious, but this isn't something that can be rushed. According to your territory, connections, money, and power are all indispensable.
I do have a somewhat immature idea, but I'm wondering what you all think?
Ma Pingchuan and the other two exchanged glances. They knew where the weaknesses in their plan lay, so it wasn't surprising that Bai Yajing had pointed them out so easily. After all, the people raised by the Bai family were not naive or ignorant.
But they were just thinking about whether they could take a gamble.
"Sister Bai, let's not stand on ceremony since we're related."
If you have any insightful opinions, please share them and give us some guidance!
Bai Yajing waved her hand, both amused and exasperated, "What profound insights do I have? They're just some of my own thoughts."
"You have limited funds, so you can try light industry with short-term returns first. It's quick to recoup your investment and suitable for testing the waters."
There are two suitable options: one is small-scale cooperation: pooling funds with several other people to set up a small garment processing factory, with initial capital as low as a thousand yuan.
Secondly, they rely on state-owned enterprises and undertake outsourced orders from state-owned factories, such as the urgent need for private enterprises to support the textile industry in Shanghai.
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