Although the old man got angry at the dinner table at night, Chen Huai also knew that the Song family could only maintain superficial harmony at the moment, and his second uncle's attitude changed temporarily, which was simply due to Cheng Wenguang's statement. When Dai and He were unpredictable, Chen Huai could only ask for every card in his hand to play well.

In the following conversation, Chen Huai told Cheng Wenguang not to keep the development, operation of Meigang in recent years and the secret talks with Tian Jiageng on the eve of the past.

Chen Huai believed in Cheng Wenguang's position, and had a broader vision. He believed that he could give more and better advice on how to play some cards.

Of course, Cheng Wenguang's almost semi-public support for Mei Gang was also taking considerable risks. It is still unknown what this move will be between Cheng Wenguang and his second uncles Song Qiaosheng and Dai He and others, but it will not make their relationship develop on the better side.

Chen Huai couldn't understand what kind of resources Mei Gang could give Cheng Wenguang at this time, so he told his trump card honestly, hoping that he could give him a clearer reminder.

Although he had been paying attention to the development of Meigang for a long time, Tian Yongjun was secretly shocked when he heard Chen Huai's detailed dissection of Meigang's details.

As the second largest steel group in China, Yangang's production capacity at this time has just exceeded 8 million tons, and Meigang is almost 60% or 70% of Yangang. Although Meigang is not as thick as Yangang on the basis of the industry, it took only four years for Meigang to leap from an annual output of 40,000 to 50,000 tons of steel to achieving an annual production capacity of 40,000 tons of steel, while Yangang took 40 years.

At this time, Mei Gang was ambitious and wanted to build another petrochemical group in Xinpu that was comparable to Yanshan Refining and Chemical.

Cheng Wenguang has long been related to some superficial performance data, but he pays more attention to the operation details of Meigang's ability to achieve momentum and said: "Many people are quite surprised that Meigang has achieved its current results. Many places in China have similar economic environment to Donghua, and their industrial foundation is even slightly better. It feels very difficult to copy the Meigang model in these places. Do you have any deeper thinking about this aspect..."

Chen Huai said: "From central enterprises to local state-owned enterprises, the operating conditions have declined significantly over the years. From the central government to local governments, the sound of reform has become stronger and stronger, and the situation also makes people feel more and more urgent. Of course, this is not wrong, but the negative effects brought by the people are easily overlooked by the achievements of state-owned enterprises in the past few decades for the establishment of the domestic industrial system, making it easy for people to ignore the profound foundation accumulated by state-owned enterprises themselves in this process. Donghua's local economic development is relatively lagging, but the educational resources are quite sufficient. Before 95, the number of people receiving higher education in the local area accounted for 2% of the total population, of which nearly 50% were All are absorbed by local state-owned enterprises. Meigang currently has a team of engineers with about 500 people, and most of them are talents absorbed from local state-owned enterprises. Although they have some shortcomings of aging knowledge structure, they are tilted in training resources. In one or two years, most of them are not inferior to engineers of the same level abroad. However, senior talents with higher education in China have a strong organizational concept and diligent work, which is a more obvious advantage. I have always told many people that the steel pillar industry currently formed in Donghua City is based on the foundation accumulated by Donghua Steel Factory over the past few decades..."

"... In many places in China, resources are not broken and they are still quite rich. The key is how to organize resources. If resources are not organized and used, no matter how rich the advantages are, they are still a mess. However, the poorest resources can form corresponding advantages through orderly organization and gathering. This is also the basis for repeated emphasis on management and efficiency at home and abroad. In addition to the fact that all aspects of industrial resources accumulated by local state-owned enterprises over the past few decades need to be paid enough attention, Meigang can achieve some achievements, and on the other hand, it is the aggregation of capital resources for Chinese businessmen..."

"...Since the reform and opening up, Huashang Capital has always been the mainstream of domestic investment promotion. Since 1992, the proportion of Chinese business capital from Hong Kong, Macao, Taiwan and Southeast Asia has accounted for about 70% to 80% of foreign investment. It is almost impossible to say that the central and local governments do not pay attention to Chinese business capital. However, the current investment promotion work for Chinese business capital is mainly direct investment promotion. This model is more attractive to Chinese business capital that is large-scale, has the ability to build factories directly, and has the ability to expand market demand. In 1994 and 1995, Donghua's infrastructure construction was relatively lagging behind and was not attractive to Chinese business entities. We had to find another way and focus on those Chinese capital that are scattered, not large-scale, and are not enough to invest in and build factories in China, with the goal of increasing value rather than expanding the market. Through the industrial investment fund model, a considerable amount of capital has been gathered for the construction and development of Meigang and other enterprises..."

"...The capital scale of overseas Chinese businessmen is generally between 150 billion US dollars and 2 trillion US dollars, of which less than 150 billion US dollars have entered domestic investment, and there is still great potential to be tapped. But at the same time, we should also note that the overseas capital market is still relatively weak in general, and it focuses on investment in labor-intensive industries. However, in the past twenty years of investment promotion work in China, overseas Chinese investment has always occupied the mainstream, with a proportion of even 70% to 80% in recent years. This also shows that the domestic work in gathering and attracting other industrial capital is quite insufficient. Since the 1970s, developed countries such as Europe and the United States have begun to transfer large-scale industries, and East Asia and Southeast Asia have first taken over the regional advantages of cheap labor to take over the industrial transfer of Europe and the United States and have achieved great development, thus the rise of the four Asian little dragons and four little tigers. The development of foreign trade industries in domestic coastal areas over the past decade, and even this

Overseas Chinese have entered the domestic direct investment and construction of factories in recent years, which are directly related to this. However, what they have done is far from enough. In terms of investment promotion, they have too much emphasis on the advantages of domestic cheap labor, and do not pay enough attention to promoting the domestic market with more than 1.2 billion people, do not pay enough attention to promoting the industrial foundation accumulated in China over the past few decades, and do not pay enough attention to promoting the education and talent resources accumulated in China over the past decades. Therefore, the investment promotion work for more than ten years has mainly been mainly labor-intensive industries, and lacks large-scale capital-intensive and technology-intensive industrial cooperation. Compared with Southeast Asia, the domestic capital-intensive and technology-intensive industrial projects still have obvious advantages. Meigang, Siyumins, Feiqi Industrial, and even Huaihai Steel Group and Fuji Iron Manufacturing, are the few industrial projects in China that cooperate in capital and technology..."

Chen Huai came here this time and decided to open up the conversation. He just talked endlessly. Cheng Yi came over twice to urge them to go out for a midnight snack, only to find that it was already one o'clock in the morning at night.

Chen Huai looked at his watch and said sorry: "I don't know it's already so late. Uncle Cheng still has work tomorrow. I shouldn't disturb you so late, so I'll let you rest..."

"It's okay, I'll go down to go and have a trip tomorrow morning. I can take a nap in the car and have a midnight snack. Let's continue talking," Cheng Wenguang said. "What you said is very inspiring to me. Many places are not considered by me. You have achieved more solid work at the grassroots level. By the way, I have read many of the articles you published, but compared to the issues you discussed this time, I found that many of your articles have not been written thoroughly. At first, I thought you didn't know enough, but now it seems that you deliberately did not write them thoroughly. Why is this?"

Chen Huai smiled bitterly and said, "Many things are hard to do. Although the excessive land acquisition problem reported by Xiapu this time, although there are precedents in Singapore and other countries to learn from, it is still vague and within the scope of disputes in China. State-owned, foreign-funded and private capital mixed ownership, management shareholding, etc., are relatively less clear, and are areas where it is hard to do and cannot be said. In my spare time, I write some articles, which mainly introduce some experiences in Meigang's development over the years. Since it is practical work experience, I dare not make any breakthroughs in theory..."

Cheng Wenguang laughed and couldn't find a suitable adjective, and just said: "You have more experience in fighting than I thought. It is easier to solve the problem of excessive land acquisition in the province. If the theoretical disputes rise to the central level will indeed become more troublesome... Hebei Province has a more famous local state-owned enterprise. I wanted to learn overseas experience some time ago and engage in management acquisitions. This matter may not be impossible to try, but in the current domestic environment, it will be sneaky and fooled. But the local people think this is institutional innovation and think it should be well promoted and strive to be the banner of reform. This overseas experience is not advanced first, but it has a great conflict with the domestic ideological tradition. After publicity, it is louder, and there is a voice of support and opposition. Then there is no way to do it. The province can only issue documents and call for a stop..."

Chen Huai also knew that the management acquisition of Jinshi Electric Group of Hebei Province was once very popular, but it was finally stopped. When he heard Cheng Wenguang talk about this example, he felt aroused and asked: "Uncle Cheng, are you more concerned about Hebei Province?"

"My hometown is from Qinghe City, Hebei Province, and I have always paid more attention to the situation in my hometown..." Cheng Wenguang said.

Chen Huai recalled the past when Cheng Yi met and dated Liu Fulong and Yu Wenli during his study abroad. It is true that Cheng Wenguang’s ancestral home is Qinghe City, Hebei Province, but Mr. Cheng left home in his early years to make a revolution. Cheng Wenguang did not grow up in Qinghe. If there was no clear purpose, it seemed that there was no need to interact with local officials and entrepreneurs in Hebei Province as close as possible...

Chen Huai couldn't help but think that if Cheng Wenguang had always been determined to work in Hebei Province, which influence would be more likely to become a reality?
Chapter completed!