After the capital formed a blood relationship, those multinational companies have successively obtained the qualifications to enter the Chinese refined oil market. BP Group was approved to establish joint ventures with China National Petroleum Corporation and Sinopec to establish 500 gas stations in Guangdong and Zhejiang respectively. ExxonMobil and Shell were approved to establish joint ventures with Sinopec in Guangdong and Jiangsu provinces to build 500 gas stations respectively. Since then, BP and PetroChina signed an agreement to set up 800 joint venture gas stations in Fujian, and Sinopec and ExxonMobil also signed an agreement to set up 600 gas stations in Fujian.

It is precisely after a series of very strong, planned and efficient strategic adjustments that the two major state-owned oil companies have become a new one. As global energy prices continue to rise in the future, they have successively become "China's most profitable companies."

This dramatic change in the petrochemical field vividly embodies the two logics of changes in the monopoly field. The first one is "monopoly in the name of the country and profit as a market". In the resource industry Form an "internal competition pattern" between state-owned enterprises, private! $ Is completely excluded from the game; the second is to accelerate the capitalization operation and the combination with oligarchic transnational capital under the premise of monopoly.

Such "Chinese stories" continue to occur in all monopolistic industries controlled by state-owned capital, as the so-called autocracy brings efficiency, and monopoly produces benefits.

And Fan Heng’s idea is obviously at odds with this policy. He hopes that the two major oil companies will get a new life, instead of relying solely on the monopoly of the terminal market, wearing a high-efficiency and high-efficiency picture, continue to exploit the ordinary people, through increasing Social affordability to achieve superficial economic prosperity.

To change, it is necessary to change in substance, instead of holding one monopoly into another, creating a false prosperity at the expense of the interests of the common people.

But to achieve this goal, it is necessary to touch the interests of many people, and the difficulty is quite large.

In the last period of time, just before and after China's accession, predicting China's future and direction has become the hottest topic in the global economic circle. The Ministry of International Trade and Industry of Japan mentioned for the first time in a white paper that China has become the world's factory. Among products such as color TVs, washing machines, refrigerators, air conditioners, microwave ovens, and motorcycles, Chinese manufacturing has ranked first in the world market share. .

Economists further believe that Chinese companies will begin their journey to conquer the world, just like Japan in the 1980s. Related to this, the China threat theory has also quietly emerged.

Of course, voices completely different from the above viewpoints also appeared.

Some scholars predict that with the opening of the market and the influx of multinational capital, the already shaky state-owned economic system will be vulnerable. Those old and lack of vitality state-owned enterprises will soon be expelled from the market, which will affect the Chinese economy. The macroscopic spike and sustainable development.

A Chinese American lawyer also published the book "China is about to collapse", saying good ↓China's economic prosperity is false. Under the strong impact after joining, China's current political and economic system can only last for five years at most. Investment bank Solomon Smith Barney predicted that 40 million people would be unemployed in the first five years of China's accession, and that severe employment pressure would sooner or later crush the country.

A similar argument also believes that China’s economic growth model characterized by high input and low output and a development model based on cheap labor and huge energy consumption are entering a dead end. China has maintained this for nearly two decades. The high growth of China will be unsustainable.

Of course, Fan Wubing himself knows very well that the facts in a few years will prove that all the above predictions are not self-fulfilling. The growth of China’s economy and enterprises is still advancing according to its own logic, and it is too optimistic. Or pessimistic conjecture has nothing to do.

In fact, since the death of Fairbank in 1991, there has not been a second observer in the mainstream Western world who understands China objectively and clearly. The British "Financial Times" said that after the 1990s, a sign of China's economic vitality was that almost every few years, Chinese and foreign economists had to change their mindset and adopt new language or concepts. Describe and analyze the new economic phenomenon in China. The destiny of China's economy is slowly reborn in the transformation of these frameworks and concepts. The common language of international game rules is becoming increasingly speculative and gradually getting on track.

For China, many Westerners' predictions about China are just speculations. The impact on China is a long process with rain. In a progressively changing China, &never has a kind of change happened overnight.

In fact, the "national retreat and the people's advancement", which began in 1998, is a major strategic decision to deal with this change. The advancement, retreat and reorganization of state-owned capital groups are all based on the timetable for market opening.

For another interest group, a multinational company, China's entry also means a major strategic adjustment.

First, there has been a subtle change in the industry choices of multinational companies. They have begun to enter monopoly or quasi-monopoly fields from competitive fields.

Generally speaking, when multinational companies enter developing countries, they tend to choose resource-based, government-related fields with large capital investment, such as energy, finance, and telecommunications. However, their strategies in China are completely different.

In the early and mid-stage of the reform and opening up, the vast majority of multinational companies entering China were in the field of perfectly competitive markets. The biggest successes were Coca-Cola, which produces beverages, Procter & Gamble, which produces shampoo, and Japanese companies in the home appliance industry.

Many European and American economists are quite puzzled about this. The general explanation given is that multinational companies imagined the Chinese market based on the number of people at the beginning, while domestic companies were not able to withstand a single blow; secondly, these foreigners did not even I know how to build relationships with government officials in the planning system, and I don’t know how to gain benefits by influencing central policies.

But more than ten years later, this situation has undergone a fundamental change. Multinational companies that are inextricably linked to Chinese emerging companies in the consumer goods field, if not for the fatal mistakes committed by local companies, the multinational brands are likely to be wiped out. They began to move into the resource industry and obtained priority investment cooperation rights.

One of the most persuasive cases is the strategic change of General Electric. This large company that entered China in 1992 has not been developing smoothly. The bulbs it produces cannot compete with the rural enterprises. Recently, they have shifted their investment focus from civilian products to higher-tech basic projects. General Electric's industrial lighting, medical beryllium equipment, gas turbines, wind turbines, hydroelectric power generation equipment, aircraft engines, and industrial group power transmission projects are all invested. Obtained very good returns in China, most of these fields are private! The restricted zone of $Ben, but now it is gradually opening up.

The second is that the financial investment of multinational companies has greatly increased. Before that, it was difficult for them to find the opportunity to cut in, because they were depressed about the independence of China's HSBC system. For example, in 1998, Soros' Quantum Fund's attack on Hong Kong network proved to be a failed experiment.

After China’s accession, the opening of the financial market was put on a timetable. Major multinational gold medalists have obviously accelerated their business deployment in China. Banks such as HSBC, Citigroup, AIA, and Standard Chartered have successively moved their regional headquarters from Singapore or Hong Kong to Shanghai. .

Financial investment companies that had been secretly deployed before have also begun to surface. As early as six years ago, Morgan Stanley formed the China International Finance Corporation with China Construction Bank and others, and held a strong one-third of the shares.

In the past few years, almost all the capital reorganizations of large state-owned monopoly companies have been related to China Contains China. It has raised nearly US$20 billion in international capital markets for China Telecom, China Petroleum, China Unicom, and China Mobile. The State Power Corporation and China Three Gorges Project Development Corporation issued 5 billion yuan of corporate bonds. These businesses have earned CICC the honor of ranking No. 1 in terms of IPOs in the Asia-Pacific region in Shannian.

While Morgan Stanley shared the huge profits of Chinese companies' financing at home and abroad, it was also envied and envied by countless peers. There were no legal restrictions on access to the Chinese capital market. The substantive threshold lies in the red line of policy approval. . Like most of them back then! $Enterprises are the same, except that the opening of the capital market is more sensitive and more cautious.

Third, the tendency of multinational companies to become monopolized is becoming more and more obvious. In the past, many foreign-funded factories had to have a joint venture partner in China. For example, Coca-Cola and Pepsi's canning plants in various places must cooperate with state-owned grain and oil companies. combine! $, Procter & Gamble’s partner is designated as a local state-owned daily chemical plant.

Now that this restriction is gradually lifted, some of the joint venture multinational companies 4L think they have a firm foothold, so they use various methods to force Chinese investors to retreat.

Recently, Japan's Panasonic confirmed to the media that all of the fifty Panasonic joint ventures they established in China will seek sole proprietorship, and the American Motorola company that produces mobile phones has also made such a decision. They believe that sole proprietorship is a joint venture after China's accession to the WTO! A natural choice for the $ company.

Motorola's biggest cooperation in China! The $ enterprise is Eastern Communications in Zhejiang. The United States has proposed to the Chinese chairman that either the Chinese side will sell its shares or the United States will withdraw from the joint venture. Eastern Communications chose the second option, so Motorola immediately withdrew and stopped all technical support.

The sole proprietorship is more determined and does not hesitate to meet with the Chinese side. Pepsi has established 15 joint-venture garment factories in China. Pepsi also tried to force the Chinese partner in Chengdu, Sichuan to retreat. In the case of disagreement in the negotiations, The US announced a substantial increase in the price of concentrated liquids and did not approve Sichuan Pepsi to produce more brands of beverages.

The U.S. hardline stance has aroused China's cooperation! The collective resistance and resistance of the canning factory.

Similar things, in essence, are transnational mountain capitals taking advantage of China's entry into the network, using the vacuum that has emerged in Chinese law and management to accelerate their predatory expansion.

"Did you and Dad consider most of the issues? Some things are not controlled by a few people." Shen Ying disagrees with Fan Wu's anxiety.

Fan Wubing scratched his head and said, "I also know that I'm a bit unreasonable, but I always feel a little uncomfortable when I see something in my eyes. As for those who are in the position like my dad, they naturally have to seek politics. , And do a better job in order to live up to everyone’s trust. If it’s for messing around, why should he work so hard? We can build dozens of old-age villas for them wherever we want. Easy thing, right?"

"But what can you do?" Shen Ying asked rhetorically.

It is not easy for ordinary people to understand the inside story of the large-scale cooperation between domestic companies and foreign capital, but people like Fan Wubing and Shen Ying are naturally well aware of it. The most important point is that once they are introduced After foreign investment, the salary of the entire management can closely follow the international situation. Those with an annual salary of more than one million are only drizzle, and those with an annual salary of more than ten million can only be regarded as average. In this way, everyone's enthusiasm is naturally high and they are brave to use. The privatization process is promoted by his own relationships and personal connections, and the director and manager of the factory can become the chairman of the board as soon as they are transformed. The shares of this part of the company come without any effort.

As for how many real state-owned enterprises are left in the final analysis, it is difficult to say. At least now is the best time for foreign investment to intervene in monopolistic industries, especially those industries that were previously not open to the outside world.

But there is also a weird thing here. It is clear that some industries have opened up to foreign expenses~lightnovelpub.net~ but they refuse to open up to domestic private capital. It can't help but feel a bit weird, but if you think about it carefully After that, it is not difficult to find the key points.

It is said that politics and economic history influence each other. After joining private enterprises and entering some key industries, it is very likely that a new situation will appear, that is, they will begin to exert influence on political activities through economic control. This is the government. The aspect cannot be accepted.

As for foreigners in joint ventures, there is no such concern, because they are foreigners no matter how they say they have no right to vote or be elected, and they have no chance of interfering in domestic political activities, because even foreign capital controls a considerable part of the equity of state-owned enterprises. It's just a few bonuses. The impact on the political situation can be said to be minimal, and there is no problem of political risk. This is what everyone is most assured of.

"Anyway, this time Dad has intervened in the reform of the two major oil companies, and he has also gained some initiative. This is very good." Fan Wubing said to Shen Ying, "As for the others, there is only one step. Take a look."

Shen Ying nodded and helped Fan Wuyao to pack his clothes, and then asked, "In fact, Russia is also quite fun. I always wanted to go and see. This time President Putin invited us over. Is it possible to take a few days to get away? What about relaxation?"

"Of course it's okay to relax, but I think Putin may not just be grateful for inviting us this time." Fan Wubing always felt that Putin had some plans for inviting him to visit Russia this time.

However, this is not a big deal, after all, the current economic situation in Russia is not good, and I am a famous national salvation expert!