Even coastal areas are somewhat intimidated by Lu Feng's qualifications, let alone inland areas, since the tasks and authority assigned to different regions by the state are different.
In some developing regions, we should let them do things freely, but this is absolutely not the case for some inland cities, otherwise the whole country will be in chaos.
After being scolded and having the call ended, Zhang Fengxian looked at Lu Feng with some helplessness and said, "It seems I can't help you anymore."
“It’s alright, I’ve booked a ticket for tomorrow, back to Shenzhen.” Lu Feng said to her, “Currently, Shenzhen is still the best city for investment in mainland China. Whether it’s the port or the industry, it’s very good for the development of mobile phones.”
"Going back tomorrow?" Zhang Fengxia thought for a moment and said, "I originally planned to go back to the mainland in three days. Why don't we go back together tomorrow? Sister Xiaoyan should be back by now."
Lu Feng understood what she wanted to do. Perhaps it would be more appropriate for her to do it. After thinking for a while, he said, "Alright, I'll have someone book a ticket for you. You can bring the child along, and also those nannies."
The two of them discussed it and booked two high-end cabins. The next morning, a group of six or seven people boarded the ship back to Shenzhen. After disembarking, Zhang Fengxia took several childcare workers back to the villa, while Lu Feng went straight to the municipal government.
At the end of last year, the investment promotion office had contacted Lu Feng. They were a bit troubled by the conditions Lu Feng offered. Although it was Hong Kong capital, Lu Feng would only be gone for a year at most.
Even if freshwater fish are sold as seafood, you can't just blanch them in the water and then sell them as seafood, right?
At the municipal reception office, the newly arrived Mayor Zhang received Lu Feng. The two sides set up their positions and began to talk. Looking at the person in front of him, Lu Feng still felt somewhat unsure of himself, after all, this person would become a top figure many years later.
“Hurricane Capital is now entirely Hong Kong-funded, and we meet all the local investment requirements. As for building an industrial park, the future expansion potential is huge. We will form an industrial cluster, which will drive many companies in the supply chain.” Lu Feng said earnestly, “If all goes well, we will start production in August, and according to my market forecast, we can expand production next year!”
"What is the expected output? How many jobs will it provide?" Mayor Zhang asked.
“Our research shows that by the end of last year, the national mobile phone market sold 12 million mobile phones, compared to only 4 million in 1996, a three-fold increase. Last year, Bird Mobile shipped more than 700,000 mobile phones, and the rest were all overseas brands.”
"With Ericsson, Nokia, and Motorola as the main brands, we estimate that the domestic mobile phone market will reach 30 million units this year. This is a market worth hundreds of billions of yuan, and it is continuing to expand. We hope to achieve sales of one million units within a year after the Hurricane goes into production."
"At the same time, it will drive the entire industry chain. For example, the casing, screen, buttons, speakers, microphones, etc. The jobs created by the mobile phone factory alone are expected to be more than a thousand. With the addition of the jobs created by the industry chain, the number of jobs created directly and indirectly in the first year is expected to increase by 10,000."
The data presented by Lu Feng alone is indeed enticing, offering tens of thousands of jobs, which is a significant number for any city in China, especially during this period of mass layoffs.
“President Lu, we can agree to your requests, but there are conditions. Your profits in our local area need to be used locally, meaning the funds need to be diverted and reinvested locally. Also, local funds are indeed tight, so you need to provide advance funding,” Mayor Zhang said.
"Advance payment?" Lu Feng was a little confused. Why was he even considering this? He asked, "How does the advance payment work?"
“Because the current situation is indeed very special, the land can be given for free and taxes can be waived. However, you can pay for the construction of the industrial park first, and we will repay you next year when we have more funds. Moreover, you can repay this money in installments over five years without interest,” Mayor Zhang proposed.
Lu Feng was stunned when he heard this. What if the other party refused to pay him back after he advanced the funds, or what if the municipal government faced financial difficulties every year?
The two sides couldn't reach an agreement, so Lu Feng then suggested that Shenzhen Urban Investment Group participate, the municipal government issue bonds, and Urban Investment Group sign the contracts. He would contribute 20% of the total funds to guarantee employee salaries and build the industrial park first. If Urban Investment Group and the municipal government didn't trust him, he could bring in local banks. Lu Feng could use the Tianjin factory as collateral, thus making the whole game perfect.
The municipal government hoped that Lu Feng would contribute some money, at least the construction of the industrial park would create many jobs, but Lu Feng was unwilling to invest so much upfront, as the later introduction of equipment would be the main source of funding.
The conversation lasted until evening, but ended on a sour note. However, before leaving, the director of the investment promotion office still exchanged views with Lu Feng, indicating that they could discuss the matter again.
“President Lu, the situation is different now, not like those years, and besides, your Hong Kong investment status isn’t very solid.” The director of the investment promotion office looked troubled. “We are genuinely sincere. You can’t just not contribute a single penny and postpone all funding issues to five years from now. If the park fails after a year of operation, Mayor Zhang won’t look good. He took office in January, and the first thing he does is something like this. Isn’t that inappropriate?”
“The initial investment is too large, and I can’t bear the risk alone. I’m not a newcomer. So many factories in Suzhou, Dongguan, and Tianjin are doing well. If you can’t handle it, then I can only go to Ningbo.” Lu Feng said with a regretful look, “I have an affection for Shenzhen.”
“I understand, but you have to consider the local area. Let’s have dinner together tonight and have a good chat.” The director of the investment promotion office said, and was about to lead Lu Feng into the car.
This chapter is not finished, please click the next page to continue reading!
Continue read on readnovelmtl.com
