Chapter 1576 Strengthen Your Talents and Seek Development

The next day, Mr. Du indeed told everyone about his proposal to develop Pudong Lujiazui.

Originally, everyone had dreams in their hearts, but after hearing this, they became excited on the spot.

It's just that Mr. Du is very smart. He only said that he has such a plan. If everyone has any ideas, they can write them out individually and give them to him, and he will consider them carefully.

Of course, he doesn't do it to make everyone happy.

Next, Mr. Du mentioned that the Shanghai Municipal Government will conduct inspections and discussions, and a result will be given by the end of this year at the latest.

Land must be sold, but the exact amount, which area, and price are still unknown.

Oh, by the way, you can't sell land, you can only sell land use rights.

It is 70 years for commercial residences and 40 years for commercial real estate.

This is a well-established method in Guangdong and Nanwan. Mr. Du naturally picked it up and used it without worrying about others' criticism.

The wealthy people in Xiangjiang have no objections to this land life.

Yin Jun naturally agreed.

In my previous life, on the Internet, for more than 20 years, a group of netizens and ignorant people were enthusiastically discussing how backward China's land and housing policies were.

The most important point is that "foreigners' houses are permanent, but our Chinese houses are leased to you and will no longer belong to you after 70 years. It is simply shameless!"

Yin Jun was one of these people at first, but after learning more about it, he no longer had such naive thoughts.

The people who first spread this statement were either extremely ignorant or had ulterior motives.

yes!

In foreign countries, including Japan, the United States, the United Kingdom, and even Hong Kong in our country, house and land property rights are permanent.

But this has a most basic premise.

That means you need to pay property taxes every year.

Roughly speaking, it should be about 1%-2% of the home value.

As long as you don't pay property taxes for one year, the government will take back the land and resell and auction it.

Let's take the middle value. On average, a house requires 1.5% of the house value per year.

So what is this number multiplied by 70 years?

105%.

It’s almost double the price of the house, right?

In other words, when foreigners buy land and build houses, the tax they pay every 70 years is equivalent to buying another piece of the same land and house.

alright.

There is no legal property tax in China.

So if I give you 70 years of house and land rights, is it equivalent to you paying a 1.5% property tax every year?

It's just that it is not reflected in every year, but in this 70-year cycle.

Therefore, 70-year title = 1.5% annual property tax.

Do you understand?

The state actually collects the property tax from each of us, but it only collects it in one lump sum for 70 years. It waits until you have lived there for 70 years and then collects it in one lump sum. Then the house and land are no longer yours.

Therefore, the private ownership of land abroad is actually roughly the same as our 70-year lease.

In essence, neither of them is property that can be passed down to future generations for no reason and without doing anything.

What is slightly different is that for the houses we buy here in China, after 70 years, you may not be able to continue to repair and buy a house on the original site. You may have to move to another place to buy a house.

The people are too simple-minded and care too much about the issue of "property passed down to descendants for generations to come", so they can't turn around on such a clear issue.

What’s ridiculous is that, with the help of thoughtful people, such a simple question has not been popularized for 20 years. Instead, it has become more and more outrageous, making people angry.

Come back to the present.

Naturally, land sales are what everyone is most concerned about, but this time there are also textile kings like Cao Guangbiao, shipping kings like Bao Yugang... and other people from all walks of life coming, so many people have to conduct additional inspections. .

Even Zheng Yutong and Li Chaoren followed to see the light industry factories, small household appliance factories, and food factories in Shanghai.

No matter whether you want to cooperate in the end or not, this gesture must be made anyway.

Of course Yin Jun was also among the crowd, and he was given special attention.

For example, Mr. Luo, one of the top five deputies in Shanghai Municipal Government, was actively recommending the No. 6 Food Factory in Shanghai to Yin Jun.

There are many state-owned food factories in Shanghai. This Food Factory No. 6 makes some pastries and convenience foods.

One of them is instant noodles.

It's just that their instant noodles can't compare to Kirin Group's braised beef noodles, not at all.

Since braised beef noodles entered the Shanghai market, it has occupied 95% of the Shanghai instant noodle market, outperforming other products.

Shanghai is also the city with the largest sales of braised beef noodles, accounting for 5% of the total sales.

Don’t underestimate this 5%. Considering that braised beef noodles have already entered the rural market in China and are a product for the whole country, after one year, the 5% share will reach 75 million packages!

How many people are there in Shanghai now?

There is no rapid expansion, just over 5 million!

Because they were beaten so badly that there was no room for struggle, the instant noodle production line of Shanghai Food Factory No. 6 has almost completely stopped, leaving at least 500 people in the embarrassment of having no work to do.

There is no talk of layoffs yet, but so many people are idle, and the production scale has been reduced by more than half. Food Factory No. 6 is also very anxious, begging the superiors to think of a way to see if they can find other jobs.

It happened that Yin Jun was on the inspection team this time, so Mr. Luo had an idea and thought about whether he could reach a cooperation agreement with Qilin Group, allowing them to cooperate with Food Factory No. 6 to set up a branch factory to produce braised beef noodles.

In this way, Kirin Food Company can increase production, and Food Factory No. 6 can come back to life.

When Yin Jun heard Mr. Luo's thoughts, he couldn't help but sigh that many officials at this time were really naive and thought too simply.

Kirin Food Company is a giant in the industry. It is invincible in the instant noodles industry. If you ask me to cooperate with you, I will come?

And actually in a cooperative capacity?

Cooperation as equals?

Sorry, why don't I do it myself?

Why should I come to Shanghai and take over so many of your middle-aged and elderly workers, so many dilapidated equipment, and so many burdens?

Which city should I go to if I can't follow my own wishes and get more benefits than you can get?

With the above thoughts, it does not mean that now that Yin Jun is successful, he will become arrogant or arrogant.

But based on the normal way of thinking of Xiangjiang businessmen, this is the case.

Naturally, Yin Jun was not that mean. He just declined the suggestion to start negotiations now and asked Food Factory No. 6 to go to Huajing to discuss with General Manager Niu.

Mr. Luo was not a fool. He could tell at a glance that Yin Jun was not interested, so he said no more.

When comparing the future of a food factory with that of Yin Junlai, it is very obvious which one is more important.

In fact, Mr. Luo didn't know that Yin Jun never had any contempt for Huhai, but instead cared about it very much.

Yin Jun has long coveted this first commercial town in China that radiates throughout East China.

It's just that Yin Jun, like Li Chaoren and Zheng Yutong, knows what it means to cook one bite at a time and walk the road step by step.

Don't look at Yin Jun's current Kirin Group's total assets, which actually exceed 15 billion U.S. dollars. After the discovery of the Christmas Creek iron ore in Western Australia, it has skyrocketed to a valuation of nearly 30 billion U.S. dollars.

But let alone 30 billion US dollars, even 300 billion US dollars, if you spend it in more than 50 first- and second-tier cities in China, it will still be a drop in the bucket and appear to be powerless.

Therefore, Yin Jun can only have the energy to do other businesses after stabilizing his basic base - Xiangjiang and the United States, then completing the factory in Huajing, and then completing the construction of the Kirin Commercial Plaza and the Kirin Arena. .

Casting the net everywhere, stretching the front everywhere... This is how many large companies collapsed.

Only those who are cautious and demanding can survive.

You see, when Li Chaoren is 80 years old, his investments tend to be conservative. He invests mostly in energy and infrastructure, and rarely enters the Internet. This is his wisdom.

Coincidentally, Buffett does not touch Internet stocks at all, but he still often sits on the position of the world's richest man.

And many of those who got rich by relying on the Internet also fell into decline quickly after becoming famous for a while. It must be said that it has something to do with their lengthening the front line and radical investment and expansion.

Therefore, no matter how much Yin Jun covets the golden opportunity in Shanghai, he can only hold back and take advantage of it.

Fortunately, the development in Shanghai has not taken off yet and is still in the primary stage of development.

Even if it is many years earlier than in the previous life, the first commercial housing land sale in Shanghai City will have to wait until the end of this year at the earliest, or next year.

It should have been around 1986 when we took the land and started construction.

By that time, Yin Jun's career in Hong Kong and the United States had long been stable, and it was time to start conquering Shanghai.

As long as Yin Jun firmly occupies these lands in Lujiazui, this will be one of the most valuable assets of the Kirin Group in the next 100 years.

What is a high-quality asset?

That’s it!

Therefore, after Li Chaoren sold the real estate here, many people fully understood his intention to withdraw from the mainland, and countless disappointments followed.

Although the people are not smart enough, or a little stupid, they will feel it with their hearts when faced with major issues of right and wrong.

The things that Li Chaoren did cannot be explained by his explanation.

This is why Yin Jun has always been wary of Li Chaoren.

Regarding Zheng Yutong and Li Zhaoji, the young man should feel more at ease.

It's a bit scary to think about something that a person has insisted on for almost a lifetime, and it can become so many and big in the end.