Chapter 460: Never Engage in Politics
Jiang Feng believes that it is neither, but that this good economic foundation has hindered the huge privatization process of Chinese society.
Some people are uncomfortable to hear this, but it is true.
In response to the split of PetroChina, the reason put forward at that time was that PetroChina was inefficient and could not be compared with the American oil giants, etc., so it had to be reformed. However, judging from the scale of the economy and the scale of production are constrained by the market size and the relationship between supply and demand, as well as the current scale of China's economic development, there will not be an oil company comparable to Exxon in China at present, and the size of the so-called profit also depends on the size of the market.
Without the size of the U.S. economy, is it necessary to artificially create a strange scale of Chinese oil and compete with the giant U.S. oil companies in the world market? Could it be that after the transformation, PetroChina will be able to reach the economic scale of Exxon? This is, of course, simply impossible.
Objectively speaking, PetroChina should ultimately choose the right path from the production and operation mode, operation management, financial and accounting audit, logistics control, process level, and scientific and technological research. Now it seems that PetroChina's disregard for basic issues such as prices, costs, investment, and its accounting system in line with international practice after the strategic structural adjustment has aroused extreme dissatisfaction among the international monopoly capital groups, and the EU has refused to grant China market economy status.
It is not unrelated to PetroChina's extensive operation, high cost, and high investment after its overseas listing, which just proves that the ownership issue is not the real reason for PetroChina's strategic structural adjustment and overseas listing, and that PetroChina has an artificial gap with the world's largest oil monopoly capital group by making an unrealistic comparison. It does not simply show the backwardness of the industrial management mode and operation mechanism of CNPC in those years.
Now it seems that the so-called rectification of key state-owned enterprises by the Goldman Sachs consortium in the United States is not pure, what does PetroChina need the Goldman Sachs consortium to rectify? What is the strategic goal? Doesn't the country itself have the ability to straighten out its own backbone state-owned enterprises?
The Goldman Sachs consortium personally participated in the mass layoff of Chinese oil workers, and Goldman Sachs pointed out that the assets of China National Petroleum Corporation, including the 1.5 million workers employed, could not be easily listed, and the number of workers must be reduced from 1.5 million to 480,000.
As a result, PetroChina voluntarily gave up the drilling team that had made great contributions to itself, and was later called this behavior by the Daqing drilling workers as the policy of unloading the mill and killing the donkey, and the angry crowd slaughtered a donkey in front of the Daqing Petroleum Administration to symbolize the grinding of the Daqing Oilfield for decades. to express the anger in your heart.
Why should China's oil industry follow the path of American oil? Why should the Americans take the lead in the future direction of China's oil structural adjustment? Of course, this will not be without reason. PetroChina's overseas listing won the applause of the international monopoly capital group and its spokespeople, and the overseas listing of PetroChina, which is operated by the Goldman Sachs consortium in the United States, and the company transferred heavyweight Paul Shen Peili from Europe to say that he had carried out privatization projects for oil companies in many Western countries, ENL was one of the privatization projects, and he also had experience in privatization of Russian oil companies, and he had been involved in this project before the letter of appointment was issued.
The status of the state-owned economy has gradually weakened, and the private economy has risen. It also includes many foreign-funded enterprises and multinational enterprises in China, which are becoming more and more important. Experience shows that in promoting the strategic reorganization of state-owned industries. In particular, in the implementation of property rights reform and shareholding system transformation, it is one of the most effective ways to realize the reorganization of the state-owned economy by attracting private capital and international capital to participate in shares, investment and mergers and acquisitions, among which PetroChina is the most successful case of foreign capital operating China's state-owned enterprises.
According to the new corporate structure, all subsidiaries were abolished and replaced by the management of enterprise branches, all 3,000 bank accounts were abolished, and a bank account opened by the head office was adopted for unified management, and all capital expenditures were decided by the head office in a unified manner.
Last summer, 300 branch managers were invited to Beijing. They were promised warrants as compensation to surrender their operating rights. In this way, the best assets and the most active industrial chains of China's national industry have become victims of China's economic reform in the contemporary era under the political promise of privatization.
In addition, the concept of management buyout is also proposed, which is the act of owning the equity of the enterprise by the management of the enterprise association with the support of financial institutions, through a large amount of debt or equity transactions. For example, the new management incentive plan was approved by the State Council. Follow this plan. For the first time, a manager of a state-owned enterprise was granted a warrant.
In the case of PetroChina, more than 300 senior leaders will be compensated in the form of options, although the incentive plan and equity trading plan of the management are not yet clear, but in the recent stage. PetroChina has had many incredible things to do since the oil war, with frequent protests and demonstrations by oil workers and frequent major liability accidents, so the program has been forced to be suspended.
In fact, in the process of restructuring state-owned enterprises, there are many such cases, for example, the overall listing of TCL has made Li Dongsheng a state-owned entrepreneur worth 1.1 billion yuan, indicating that the success of the reform of state-owned enterprises is creating a reasonable and legal so-called sunshine tycoon.
In Western countries, management buyouts are strictly limited to a certain range, and the so-called rectification of China's oil industry by the Goldman Sachs consortium has smashed the oil industry and its related industrial chains, which are the best industries in contemporary China, and has completely embarked on the road of privatization. Although it still seems to be a state-owned enterprise, it is completely different in nature, and it is conceivable that in a few years, even a government decree will be resisted within companies such as the two major oil companies.
Of course, this is very beneficial for private business owners like Jiang Feng, because they will make money more easily, and their voice in the entire national economy will be greater than that of state-owned enterprises.
It is conceivable that in the complete end of the most magnificent industrial era in contemporary China, the huge state-owned property rights and people's property rights of the national industry were forcibly divided among the unwitting operations of the majority of workers, the protagonists were reduced to hired employees, and the historical choice of privileged aristocracy was the moral standard and emotional bottom line of PetroChina's strategic reorganization.
The best industrial chain of China's industrialization will be completely smashed, the core enterprises will form a transnational monopoly group with the collusion of bureaucrats and compradors, and the non-core enterprises will continue to shrink under policy discrimination, and their potential quality will become the target of the new social upstarts to grab greater private wealth.
Resolutely abandoning China's industrialized cultural system and replacing it with an international standard system will make it easier to meet the basic requirements of the so-called market economy of the international monopoly capital group.
As for the forcible implementation of the policy of buying out and laying off oil workers, a large number of industrial workers have been bought out and laid off due to policy misdirection, and innocent people are suffering the humiliation of life and burying huge hidden social dangers.
International standardization is originally a joke, so even if Jiang Feng's Jiang Group has grown into a behemoth, he still maintains the principle of non-listing. Because once you go public, you will inevitably operate according to other people's standards, then you yourself will lose absolute autonomy. This is absolutely not worth compared with the little money raised by the listing.
Therefore, after Jiang Feng had the idea of listing several subsidiaries of the Jiang Group at the beginning of the year, he quickly rejected this idea. In order to achieve absolute control over the Jiang Group, he would rather be restricted by some insufficient funds in the early stage of development, rather than take his company to the stock market, especially the core subsidiaries such as Jiang's Biotechnology, Jiang's Information Technology, and Jiang's Automobile, and he absolutely did not allow others to intervene in it.
You have to compete with other people's enterprises in other people's markets and according to the rules set by others, unless you are a god, you will not succeed in any way. Standards, or rules, are the necessary conditions for victory! You don't even have the ability to make or modify rules yourself, so what can you do with others? Even if you can do your best, if you change the rules a little bit, your efforts will be in vain.
Of course, Jiang Feng also knows very well that it is impossible to block these reforms, and the interests of too many people are involved. When the middle and upper leaders of the entire enterprise are tempted by huge benefits, and you want to make them think about the ordinary workers, that is impossible, who doesn't like a lot of money?
There are some things, the more you think about them, the more you can't think about them clearly.
Therefore, a leader with a conscience who is not fascinated by power and wealth, there are some things, you can't take it too seriously, otherwise not only will you not be able to solve the problem, but you will also make yourself very depressed, why is this really the source of the pain?
To be responsible, since some things cannot be avoided, then you can only try to use your limited power to reduce the negative effects of this matter, so that the lives of the people involved in the interests can be better, and the loss of state-owned assets will be smaller, which can be regarded as very worthy of the country and the people.
As for the great contribution, it is not an ordinary leader who can turn things around, and the ability of one person is too small and insignificant in the face of the entire social trend.
Therefore, Jiang Feng made up his mind not to engage in politics, even if those who were officials looked majestic, even if China had a tradition of learning and excelling since ancient times, Jiang Feng would not do so, because there were too many shackles in the officialdom.
And now as a private boss, he still has a lot of autonomy, at least under the premise of protecting most of the interests of his company, any plan he proposes, even if it seems very unreliable, will be implemented to the letter, which is incomparable to government officials.
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