Chapter 402 Discussion (revised)

After leaving the restaurant for the party, Song Jinzhi said to Su Jing with interest, "Your cousin is much better than the fake one in your family."

Seeing Song Jinzhi's expression, Su Jing interrupted him quickly, "Don't think about her. My cousin is married. Her children are six or seven years old. Her husband is a Chinese soldier. You can't mess with him casually."

Song Jinzhi was surprised, "How can she get married so early now?"

"She got married quite early, but she seems to be 27 years old. It's just that she is good-looking and looks young."

Song Jinzhi hissed and said, "Is her husband a military commander?" Otherwise, how could he marry such a beauty?

Su Jing: ...

"What era is it now? The military leaders are long gone. Jinzhi, if you really want to take this opportunity to develop in China, you should take some time to learn more about the situation there."

The Song family left the country early, and at that time, there were still military leaders in China. Song Jinzhi was born here and has never been back to China. He knows about the situation in China from the older generation and Su Jing's occasional talk.

The Song family no longer has direct relatives in China, so they pay little attention to China. Unlike Su Zhongqing and others, they left before the founding of the People's Republic of China, and because they still have a younger brother in China, they often pay attention to the situation in China.

Su Jing came here this time because he heard the news that the country was going to reform and open up, and came to discuss it with Song Jinzhi.

He is very optimistic about the domestic market. There are nearly 1 billion people. Once it is opened up to the world, it will be a huge consumer market. In addition, the wages in the country are low, and the labor costs are low. You can make a lot of money by doing anything. It is worth a share.

Although the threshold to enter is not easy, his Su family still has a branch in the country, and the social status is not low. Compared with other families, it is more competitive.

However, he has just taken over the family business from his grandfather, and there are still many obstacles from his uncle. He can't mobilize much funds to invest in the domestic market, so he came to find Song Jinzhi.

He had heard him say before that he wanted to lead the family transformation, and now was an opportunity.

The Song family had been operating here for seventy or eighty years, and they were more financially powerful than his family. Moreover, Song Jinzhi had a strong control over the Song family, and if he could convince him, he would be able to mobilize a lot of funds.

At this time, Su Mo also came out, and the two did not continue to discuss this issue, but went out to find something to eat.

Half an hour later, Song Jinzhi drove to a street.

The environment of this street did not look as good as the one near Su Mo's school, but Su Mo felt very friendly looking at it, because all the shop signs on the whole street were in Chinese.

Su Mo sighed, "I didn't expect there is a Chinatown here."

Song Jinzhi was surprised, "You also know Chinatown?"

Su Mo & Su Jing: ...

Seeing the expressions of the Su brothers and sisters, Song Jinzhi was slightly embarrassed. It was he who underestimated them.

"Where there are Chinese people, there are Chinatowns. There are many Chinese in Munich, more than 20,000." Song Jinzhi added.

Su Mo nodded calmly. This number is simply not worth mentioning in front of the future 1.4 billion population of our great China.

[The population of China was 956 million in 1978, which increased to 1.009 billion in 1982, 1.102 billion in 1988, 1.205 billion in 1995, 1.304 billion in 2005, and 1.403 billion in 2018.]

Although this Chinatown is not particularly long, it has everything, and basically has restaurants of all major cuisines in China.

Song Jinzhi stopped the car in front of a local cuisine restaurant, "This local cuisine is very authentic. My ancestors used to be chefs, and my grandfather would come to eat from time to time."

The decoration of this restaurant is very distinctive, with a strong sense of old Shanghai style. The waiters inside are also Chinese, speaking fluent Shanghai dialect.

Song Jinzhi requested a private room. After entering, Kaka ordered several signature dishes, including braised pork, sweet and sour spare ribs, drunken chicken, fried shrimp, squirrel fish, eight-treasure duck, and crab meat lion head.

After ordering, he handed the menu to Su Mo and asked her to order whatever she wanted.

Three people probably couldn't finish so many dishes, so Su Mo didn't order any more. Su Jing added a crab roe steamed bun.

The dishes were served very quickly in this restaurant. After a while, most of them were served.

"These are the signature dishes of this restaurant. Try them and see how they compare to those in China. Are they authentic?" Song Jinzhi said to Su Mo.

Su Mo took a few bites. To be honest, it tastes better than the ones in China now, but it’s still a little worse than the ones in the future. It may be because of the ingredients. The same thing, grown in different places, will taste a little different.

"It tastes richer than in China." Su Mo said, "Compared to here, life in China is still poorer. Everyone pays attention to hard work and simplicity, and does not advocate luxury. In terms of cooking, they also like to cook in a way that is closer to the essence of food." In plain words,

there is no need to be too picky, as long as it is cooked and edible.

In addition, after a special period, the successors of cooking dare not easily show up, so the chefs of state-owned hotels are actually very average.

Song Jinzhi glanced at Su Mo with a half-smile. Su Jing's cousin was very smooth-talking and a slippery person.

When they were almost done eating, Su Jing finally started talking.

"Xiao Mo, I heard from my uncle that the country is preparing for reform and opening up. What do you think?" Su Jing never looked down on Su Mo.

"Cousin, are you planning to invest in China?"

"Yes, I have this idea. I am optimistic about the domestic market. But the domestic industries have been closed for a long time, and it will not be easy at the beginning. Do you have any suggestions?"

Su Mo thought for a while and said, "After the founding of the People's Republic of China, the country has always been a planned economy for decades. It is not so easy to transform into a market economy all at once. There will definitely be many obstacles in the first few years. I don't suggest that you hit hard at the beginning. You should do it slowly."

"The most serious problem in the country at present is the employment problem. A few years ago, a large number of educated young people went to the countryside. This year, they began to return to the city one after another. Millions of unemployed young people returned to the city. If they have no jobs, it will definitely cause social unrest. The country needs a large number of jobs to arrange for them."

"Cousin, why don't you start with an industry that can quickly provide a large number of jobs and does not require a large amount of capital investment. For example, outsourcing. The government generally gives the green light to this kind of industry that does not impact the country's industrial entities and can provide a large number of jobs."

"I suggest that you start by investing in clothing and shoe factories. The cost is not high and the production is fast. It can be sold domestically or exported. The market is huge." Guangzhou's clothing wholesale industry has been prosperous for decades.

"Moreover, most women in China know how to make clothes, so it's very easy to recruit workers. We just need to find a few masters and train them, and they can get started in a few days."

"China is a vast country with abundant resources. Land is still very cheap. It doesn't cost much to rent a piece of land and build a factory. It's much cheaper than in other countries."

"The most important thing is that China's labor costs are very low. As far as I know, the monthly salary of workers in German garment factories is about 800 to 1,000 marks, but in China, you may only have to pay 50 marks for labor costs."

Song Jinzhi was just listening casually, but as he listened, his expression became serious.

He thought Su Jing was just asking casually to find a topic. After all, what could a person who came from a place where business was not allowed know?

Now it seems that Su Jing's cousin is still quite capable.

"Garment factories here in Germany only make top brand clothing, so the monthly salary is naturally higher. Most of the clothing in Europe is processed in Southeast Asia, and the cost is not high. The most important thing is that the processing industry there is mature and there are regulations to follow. If it is moved to China, everything has to be done again, which is also a cost." Song Jinzhi said.

"There is no other way. This is a must. But once it works, the benefits will be huge. Although the labor cost in Southeast Asia is not high, it is still three to four times higher than that in China. But this is not the main problem."

"From what Mr. Song said, there should be corresponding OEM industries there. In this case, you should have noticed that the labor force there cannot keep up, the production scale is limited, and the labor cost is also increasing year by year."

"The Southeast Asian countries are small and have few people. If you add them all up, the population is estimated to be just one-third of China's. China has a population of nearly 1 billion and sufficient labor force. No country is more suitable than China for labor-

intensive industries like this." The Chinese people have not seen anything yet. First, they should start with labor-intensive industries to open their eyes, and then upgrade to technology-intensive industries. This is a necessary stage for national development.

Now, they cannot take on technology-intensive industries. The cultural level of the Chinese people has not reached that level yet.

"What else?" Song Jinzhi motioned Su Mo to continue. He knew very little about the country and could not express any opinions.

"We can go in the real estate direction and build commercial housing." Su Mo said, "At present, the housing problem in major cities in the country is very serious. Many families with more than a dozen people live in houses of several dozen square meters."

"But I heard from Ajing that the houses in your country are allocated by the state or factories."

"That's the case at present. Houses are not allowed to be bought and sold for the time being, but once it is liberalized, those who are in urgent need of housing will basically pay for it as long as it is within their affordable range. As a fellow Chinese, you should be aware of the Chinese's obsession with houses."

"Wages in China are so low, how much money can one afford to buy a house?" Song Jinzhi frowned.

Building a house requires a lot of investment. It costs money to bid for the land, buy building materials, and labor, and there are all kinds of follow-up costs. If the selling price is too low, they won't make much money. If the selling price is too high and they can't sell it, won't they lose money?

Su Mo pursed her lips. "Although the wages in China are low, the welfare ratio is still very good. As long as you have a proper job, the factory will cover medical care, education, food and accommodation, etc."

"Why not change your thinking and cooperate with the government and factories to help them solve the housing problem. The government provides the land, you are responsible for the design and construction, and the factory provides the workers to buy the houses." "

As for how to sell it, it depends on how you negotiate. If the country wants to solve the housing problem, it has to pay a part of the money, right? If the factory wants to solve the housing problem of its employees, it can't just pay a penny. If the employees want to live in a good house, they have to pay a part of the money themselves."

"Why not divide the house price into three parts, one for the state, one for the factory, and one for the employees, and the pressure will naturally be much lighter." The famous "three-three system" for buying houses in the early days of commercial housing.

Song Jinzhi really sat up straight this time. Real estate is a very important part of the economic development of various countries. If this method is feasible, with so many people in China, this cake is huge.

Song Jinzhi and Su Jing began to seriously discuss the implementation of these suggestions with Su Mo. The three of them discussed until after nine o'clock, and then sent Su Mo back to school.

The reason why Su Mo said so much was not to show off.

It was because she knew this period of history. At the beginning of reform and opening up, due to various problems, foreign capital was not keen on investing in China, and it was not smooth at the beginning to attract investment. Many of the negotiations were conducted by the leaders themselves, and the Chinese businessmen invested a small amount for the leaders' sake.

They missed a few good opportunities in vain, and things did not get better until the mid-1980s.

Su Mo also wanted to attract some investment to the country through her own efforts. If these two people were capable, they might be able to drive a wave of investment from Chinese businessmen.

In addition, Su Jing was her cousin, and she had a good impression of him, so she tried to say as much as possible.

After Su Mo got out of the car and watched her enter the campus, Song Jinzhi and Su Jing drove away.

On the way, Song Jinzhi asked: "Su Jing, your cousin is not a spy trained by China, right? This kind of knowledge is not something that ordinary people can have."

This woman doesn't look like a woman who gets married and has children at a young age. This elite lady who has been in the workplace for a long time may not be as insightful as she is.

"Don't talk nonsense!" Su Jing scolded, "My cousin used to work in the Foreign Trade Center. There are two exhibitions every year. I don't know how many foreign businessmen she has contact with. Naturally, her knowledge is extraordinary." In addition, the excellent genes in the Su family.

"So that's it!"

Song Jinzhi sighed, "You said, such an excellent lady, how can she be so depressed and get married and have children so early."

"Is your cousin's husband particularly outstanding? Let your cousin, a female elite, be willing to marry early."

Su Jing:... Why can't you get over this hurdle?

"We only met once, so I'm not sure if he's good or not, but he's about the same age as us, and he's already a teacher, so I think he should be good."

"My cousin had some trouble at the time, and was demoted. My cousin also met her husband in the countryside, and got married there." Su Jing gave a brief account. Song

Jinzhi was stunned, "How could such a thing happen? It's a pity for your cousin."

Although he had never seen it, he had heard about the situation of the Su family in those days from his grandfather. It's a pity for such a young lady from a wealthy family to marry a country bumpkin.

Although the man himself has some abilities, he is not worthy of her in terms of family background.