.After the capital formed a blood relationship, those multinational companies successively obtained the qualification to enter the refined oil market in China. BP Group was approved to jointly establish 5O gas stations with CNPC and Sinopec in Guangdong and Zhejiang provinces respectively. ExxonMobil and Shell were approved to jointly build 5O gas stations with Sinopec in Guangdong and Jiangsu provinces respectively. Since then, BP signed an agreement to build 8O gas stations in Fuzhou, and Sinopec also signed an agreement to build 6O gas stations in Fuzhou with ExxonMobil.

It is precisely through this series of very strong, planned and efficient strategic adjustments that the two major state-owned oil companies have become fresh. In the future, with the continued rise of global energy prices, they have successively become "China's most profitable companies."

This great change in the petrochemical field vividly reflects two transformation logics in the monopoly field. The first is "monopoly in the name of the country and profit in the market", forming an "internal competition pattern" between state-owned enterprises in resource industries, and private enterprises are all excluded from the game; the second is to accelerate capitalization operations and combine with oligopolistic multinational capital under the premise of monopoly.

Such "China story" continues to be born in all monopoly industries controlled by state-owned capital. As the saying goes, ** brings efficiency, and monopoly generates benefits.

Fan Heng's idea is obviously contrary to this policy. He hopes that the two major oil companies will be reborn, rather than relying on the monopoly of the terminal market, wearing a high-efficiency and high-efficiency painted skin, continue to exploit ordinary people, and achieve superficial economic prosperity by increasing social tolerance.

To change, we must change it in essence, and we cannot turn one monopoly into another, resulting in a false prosperity of prices at the expense of the interests of the people.

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

In recent years, just before and after China joined To, predicting China's future and direction has become the hottest topics in the global economic circle. The Japanese Ministry of Industry and Industry mentioned in a white paper that China has become the world's factory, and among color TVs, washing machines, refrigerators, air conditioners, microwave ovens, motorcycles and other products, Chinese manufacturing has ranked first in the world's market share.

Economists further believe that Chinese companies will begin their journey of conquering the world like Japan in the 1980s. In this regard, the Chinese threat theory has also quietly emerged.

Of course, voices that are completely different from the above view also appeared.

Some scholars predict that with the increasing market opening and the influx of transnational capital, the already shaky state-owned economic system will be vulnerable, and those old and lack of vitality will be expelled from the market soon, which will affect the macro-development and continuous development of China's economy.

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

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

Of course, Fan Wubing himself is very clear that the facts in a few years will prove that all the above predictions have not been realized by themselves, and China's economy and enterprise growth are still moving forward in a tortuous manner according to its own logic, and have nothing to do with those overly optimistic or pessimistic conjectures.

In fact, since Fairbank's death in 1991, there has been no second observer who objectively and soberly understands China in the mainstream Western world. The 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 ideas and use new languages ​​or concepts to describe and analyze China's new economic phenomena. The fate of the Chinese economy is gradually transformed through the transformation of these frameworks and concepts, and the common language of the international game rules is becoming increasingly speculative and gradually moving forward.

For China, many Westerners' prophecies are just thinking about them. To have an impact on China is a long process of persistence. In China with gradual change, no change has ever been generated every day.

In fact, the "national retreat and private advancement" that began in 1998 was a major strategic decision to deal with this change. The advancement, retreat and restructuring of the state-owned capital group were all formulated based on the market opening timetable of to.

For another interest group...multinational companies, China's joining to to also mean a major strategy adjustment.

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

Generally speaking, when multinational corporations enter developing countries, they often choose resource-based, closely related to the government and have large capital investments, such as energy, finance, telecommunications, etc., but their strategies in China are completely different.

In the early and mid-term period of the reform and opening up, most of the multinational companies entering China were in the perfectly competitive market field. The biggest success was Coca-Cola, which produces beverages, Procter & Gamble, which produces washing water, and Japanese companies in the home appliance industry.

Many European and American economists are quite puzzled by this. The general explanation is that multinational corporations imagine the Chinese market from the population at the beginning, while domestic companies are vulnerable. Secondly, these foreigners do not even know how to establish relationships with government officials in the planning system, nor how to gain benefits by influencing central policies.

However, more than ten years later, this situation has undergone fundamental changes. If the multinational companies that are hard to distinguish with Chinese emerging companies in the consumer goods field, if the local companies have not made a fatal mistake, the multinational brands may be wiped out. Therefore, they began to switch to resource industries and gained priority investment cooperation rights.

The most convincing case is General Electric's strategic transformation. This large company that entered China in 1992 has been very unsuccessful. The light bulbs it produces cannot compete with the rural suppliers. Recently, they have shifted their investment focus from civilian products to basic engineering with higher technical content. General Electric's industrial lighting, medical beryllium preparation, gas turbines, fans, hydropower and electrical equipment, aircraft motors, and industrial groups' power transmission projects have all received good returns in China. Most of these areas are private! The banned area is now gradually open.

Second, the financial investment of multinational corporations has increased significantly. Before that, they were worried about the independence of China's HSBC system and it was difficult for them to find opportunities to enter. For example, in 1998, Soros's quantum fund sniping against Hong Kong networks was proved to be a failed experiment.

After China joined To, the opening of the financial market was placed on the schedule. Major transnational Jinxun institutions significantly accelerated their business layout in China. HSBC, Citi, AIA, Standard Chartered and other banks moved their regional headquarters from Singapore or Hong Kong to Shanghai.

Financial investment companies that had previously been secretly deployed have also begun to surface. As early as six years ago, Morgan Stanley established China International Finance Corporation with China Construction Bank and others, and held more than one-third of its shares.

In the past few years, almost all the capital restructuring of large state-owned monopoly enterprises has been related to Zhonghe, which are China Telecom, China Petroleum and China Unicom, and China Mobile have raised nearly 20 billion US dollars in the international capital market, and have also launched RMB 5 billion in corporate bonds for the State Power Company and China Yangtze River Three Gorges Project. These businesses have won CICC the honor of ranking first in the new stock banking business in Shannian Asia-Pacific region.

While Morgan Stanley shared the huge profits of Chinese companies' financing at home and abroad, it was also envious and jealous of countless peers. There were no legal restrictive regulations on access to China's capital market back then, and the substantial threshold lies in the policy approval red line. Like most joint enterprises back then, the opening of the capital market was more sensitive and cautious.

Third, the trend of monopoly on multinational enterprises is becoming increasingly obvious. In the past, many foreign-funded factories had to have a joint venture partner in China. For example, Coca-Cola and Pepsi canning factories in various places must cooperate with state-owned grain and oil companies! The partners of P&G were stipulated as local state-owned daily chemical factories.

Now that this restriction is gradually being lifted, some multinational companies that have already had joint ventures think that they have a stable foothold, they have forced them to retreat from Chinese investors through various methods.

Recently, Panasonic, Japan confirmed to the media that the 50 Panasonic joint ventures they set up in China will seek sole proprietorship, and the American Motorola, which produces mobile phones, has also made such a decision. They believe that sole proprietorship is a natural choice for China to join the WTO!

Motorola's largest partnership in China! The company is Zhejiang's Oriental Communications. The United States proposed to the Chinese chairman that either China would sell its shares or the United States would withdraw from the joint venture. Oriental Communications chose the second plan, so Motorola immediately withdrew and stopped all technical support.

The sole proprietorship is even more determined and willing to fight with China. Pepsi has set up fifteen joint venture Changsha factories in China. Pepsi has also tried to force Chinese partners in Chengdu, Sichuan. In the event of disagreement, the US announced a significant increase in the price of concentrate and did not approve Sichuan Pepsi to produce more brands of beverages.

The US's tough stance aroused the cooperation between China! The canning factory collective resistance and boycott.

Similar things are essentially transnational territories taking advantage of China's joining the network to take advantage of the vacuum of Chinese law and management, and then conducting predatory expansion.

"Did you and my dad consider a lot of issues? Some things are not something that can be controlled by a few people." Shen Ying was worried and disagreeing with Fan Wubing's concern.

Fan Wubing scratched his head and said, "I also know that I am a little worried, but when Qian sees some things, she always feels a little uncomfortable. As for those who are in their position like my father, they naturally have to do their jobs well so that they can live up to everyone's trust. If it's for the sake of stuttering, why should he be so laborious? It's easy for us to build dozens of elderly care villas for them wherever we can do it?"

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

It is not easy for ordinary people to understand the inside story of domestic enterprises in large-scale cooperation with foreign capital, but people like Fan Wubing and Shen Ying are naturally well aware of it. The most important point is that once foreign capital is introduced, the salary of the entire management can keep up with the international situation. Annual salary of over one million is just a drizzle, and over ten million can only be considered a general level. In this way, everyone is naturally very motivated and they are brave enough to use their relationships and connections to promote the privatization process. The factory manager and manager transform into a chairman. This part of the shares are coming with no effort.

As for the few real state-owned enterprises left, it is hard to say. At least it is the best time for foreign capital to intervene in monopoly industries, especially those industries that were not open to the outside world before, which are even more popular.

But there is also something strange here, that is, some industries have been opened to foreign expenses, but they are unwilling to open to domestic private capital, which makes people feel a bit incredible. However, if you think about it carefully, it will not be difficult to find the key points.

It is said that politics and economic history have mutual influence. After joining private enterprises and entering some key industries, a new situation is likely to appear, that is, they begin to influence political activities through economic control, which is unacceptable to the government.

As for foreigners' joint ventures, there are no concerns about this, because they are foreigners no matter how they say they are, they have no right to vote, and they are not able to interfere in domestic political activities, because even if foreign capital controls a considerable portion of the equity of state-owned enterprises, they are just collecting some dividends. The impact on the political situation can be said to be minimal, and there is no political risk issue. This is what everyone feels most at ease.

"No matter what, this time my dad has intervened in the reform of the two major oil companies and has also gained some initiative, which is very good." Fan Wubing said to Shen Ying. "As for the others, we can only take one step at a time."

Shen Ying nodded, helped Fan Wubing pack up his luggage, and then asked, "Actually, Russia is quite fun, I have always wanted to go and see. This time President Putin invited us to come over, can we take a few days to relax?"

"Of course it's okay to relax, but I think Putin invites us over this time, and it may not be just a thank you." Fan Wubing always felt that Putin had some plans to invite him to visit Russia this time.
Chapter completed!