They had appointments with three foreign enterprises from Gusu City, and today they were meeting with a Japanese enterprise called Ligong Electronics.
The business scope includes the design and production of various chip resistors...
Before coming, Song Guanchao carefully researched why this Japanese enterprise wanted to withdraw its investment, and it was mainly because the times had changed.
Countless foreign enterprises rushed into the country back then, all aimed at the low-cost labor, land, and policy incentives.
Over the decades, domestic changes have been rapid and the economy has improved swiftly, no longer comparable to back then.
Foreign investments got used to easy profits, so naturally, they are unwilling to incur more costs.
Initially, they couldn't see the current situation clearly and thought the country couldn't do without them.
They used the excuse of withdrawing investments to negotiate with the local government, hoping to obtain greater policy support.
