The discussion with Xia Lixing was very pleasant. For Lu Weimin, this was equivalent to a relaxation during the May Day holiday.

After Xia Lixing took office as director of the State-owned Assets Supervision and Administration Commission, his perspective on the problem has also changed a lot, especially some insights on the macroeconomic and industrial structure, which can also benefit Lu Weimin.

This May Day section seems very calm. Does Lu Weimin have any other arrangements?

When this is sensitive, the more you need to be careful, some unnecessary activities will also cause rumors from the outside world. Originally, Lu Weimin planned to gather with a few old friends, but in the end he gave up. This kind of group activity is the most eye-catching and the easiest to become a handle for criticism by some ulterior motives.

In fact, Xia Lixing also has many topics to discuss with Lu Weimin.

Xia Lixing has become increasingly aware that he can no longer look at Lu Weimin from his old eyes.

Now Lu Weimin is no longer the young secretary who used to be, nor is he a grassroots cadre who is still struggling in the county-level party committee and government. He is currently the secretary of the municipal party committee of the largest economic city in Changjiang Province.

After years of promotion from county and department-level cadres to department-level cadres, Lu Weimin has entered a relatively mature period in both political experience and work style. His vision and thinking concepts are originally his strengths. It can be said that Lu Weimin has now completed a transformation from a fish to a dragon and is qualified to discuss and communicate with himself equally.

The bidding consortium formed by Shanghai Electric and Heihe Electric through hard work, finally reached a cooperation with the United States General Electric and won control of Westinghouse Electric in one fell swoop. This is the most typical example.

At present, whether the US Foreign Investment Commission has approved this acquisition that shocked the world, the EU will also formally approve the acquisition in the near future. It can be said that this is a major victory for Chinese companies after China Aluminum failed to attack Unicorn, and it also adds some glory to Xia Lixing, who has just taken office.

In this acquisition, the SASAC was very low-key and did not intervene or inquire about the acquisition. Even in terms of financial support, the Chinese government represented by the SASAC also seemed indifferent and looked at it completely in the form of commercial behavior.

An example is that the financial partners selected by Shanghai Electric and Heihe Electric are also private banks and joint-stock banks such as American and European financial institutions and domestic Minsheng Bank/China Banking Corporation. Several state-owned banks did not intervene.

When external media asked this question, the spokesperson of the SASAC was also very skillful, and expressed his willingness to see the cooperation between large Chinese companies and well-known American multinational companies in commercial mergers and acquisitions. At the same time, American and European companies are welcome to enter China to participate in similar industrial mergers and acquisitions and shareholding transformations.

From Zhao Ye, Xia Lixing learned about the role played by Lu Weimin in this merger and acquisition case. It can even be said that the reason why this merger and acquisition case was successful was largely due to the tactical guidance given to Zhao Ye and others by Lu Weimin.

If Lu Weimin hadn't given Lu Weimin's guidance, Zhao Ye and others communicated with General Electric in advance, and if Zhao Ye and others had predicted Japan's Toshiba's dual-engine strategy in advance, it would be impossible for Shanghai Electric and Heihe Electric to reach an agreement with General Electric in a short period of time. In the end, we can only watch the Japanese take away this nuclear power pearl that may be related to the development direction of China's nuclear power field and nuclear power industry in the next few decades.

After the successful merger and acquisition, Zhao Ye highly praised Lu Weimin in his report to the State-owned Assets Supervision and Administration Commission. He believed that Lu Weimin was one of the few talents he encountered who were familiar with the international and domestic political and economic situations and was well versed in business strategies and tactics. What is even more rare is that such cadres were not from central ministries or large state-owned enterprises, but held major leadership positions in the local area, which really surprised him.

Xia Lixing is also a beneficiary of this matter. It is precisely because Xia Lixing accepted Lu Weimin's opinion and made suggestions when consulting the State Council on this merger and acquisition case in a low-key and cold manner to deal with it, avoiding the formation of hot spots to stimulate the United States, and at the same time downplaying the state-owned assets factor. Emphasizing business behavior, this suggestion was recognized by relevant leaders of the State Council. The final success of the merger and acquisition also made Xia Lixing add a lot of points to the relevant leaders.

It was precisely this incident that caused Xia Lixing's impression of Lu Weimin to change greatly, and he began to treat Lu Weimin's views and opinions with an equal attitude.

"Director Xia, the domestic economy is indeed improving now, but the problem of industrial structure is still a major problem that plagues our domestic economy. Although the State Council has begun to adjust the industrial structure since 2004 and to compress excess production capacity, it is full of thunder and rainfall. Investment in multiple industries such as steel/coal/metallurgy/ are still growing rapidly. In fact, I think the production capacity in many areas of China is already seriously oversupply. Although it is difficult to see under the current economic improvement, once the economy fluctuates slightly, it will appear."

Lu Weimin did not agree with Xia Lixing's view. "Miracles are often something that is manifested in abnormal ways, which is different from things developed through accumulation. If you do not look for the problems that exist behind the miracle and make great determination to solve and correct them, then miracles may turn into rust in a few years."

Lu Weimin's words were a bit alarmist, and Xia Lixing subconsciously frowned. "Weimin, do you think there is something wrong with our country's development model?"

"I don't think this is what the central government has been saying all the time? Our economic growth model is extensive and very extensive. The consumption of resources and energy and the impact on the environment will be paid in the future." Lu Weimin shook his head.

"This has a lot to do with our country catching up with those countries in Europe and the United States that have experienced hundreds of years of capitalist economic development in just a few decades. They have experienced that stage, but there was no economic globalization at that time, nor the Internet era. Now the times are different, and the competition between countries is more intense. Moreover, you cannot avoid and avoid a big country like China, you can only face it." Xia Lixing responded: "In fact, our country has done it too."

"Does it have done it? I'm afraid it may not be." Lu Weimin disagreed. "Our country's extensive economic development model has not been changed. The traces of the planned economy are still very strong. The modern enterprise system has not been truly established. This is particularly obvious in state-owned enterprises. How long can this development model last? It is questionable."

Xia Lixing felt that after Lu Weimin achieved some achievements in Songzhou, his mentality suddenly became a little different and became pessimistic. Logically speaking, the economic development situation from Songzhou to Changjiang Province to the whole province and the whole country is very good. Even if Lu Weimin is in peace and danger, it will not be so good.

"Then what changes do you think we should make at present?" Xia Lixing asked back.

Lu Weimin was stunned, as if he felt that this question was difficult to answer. After a while, he smiled bitterly and shook his head: "The change of one city and one land is not very meaningful. This should be a question that the central high-level officials should consider. In fact, the central government may also realize that the think tanks of the Development Research Center of the State Council will not be unable to see these. The key is whether our senior officials have made this determination. In addition, the actual problems they face may hinder them from making this determination, but the longer the delay, the greater the problem, the greater the negative impact on ourselves."

"What other changes do you think you can make in the state-owned enterprise sector?" Xia Lixing didn't care much about himself, so he simply asked questions about his work area.

"State-owned enterprises have not yet truly established a modern enterprise system, and there are many problems. The simplest problem is that as a state-owned investor, as a state-owned investor, how much dividends does the government get every year from the perspective of income? Is this in line with the investment returns of investors?" Lu Weimin was not good at giving more suggestions on these specific policies.

In fact, Xia Lixing is also aware of these things, but state-owned enterprises themselves are huge interest groups, and they cannot be changed by the director of the State-owned Assets Supervision and Administration Commission.

"In addition, from the perspective of specific development strategies, I personally think that state-owned enterprises should take advantage of the current situation where the international and domestic situation is not bad, increase their pace, transfer excess production capacity, and occupy foreign markets nearby. At the same time, state-owned enterprises should also serve as bridges and links to strengthen China and other countries, especially developing countries, and give full play to the role of state-owned enterprises. Now state-owned enterprises are doing a bad job in this regard. The method is simple, they do not understand the foreign situation, they only like to deal with those in power, ignore the feelings of the localities and the people. These problems can easily cause trouble after being accumulated..."

This topic also aroused Xia Lixing's interest, and the two argued on some specific issues in the strategy of going global by state-owned enterprises. It was not until Bai Yuan, Bai Pu and Su Yanqing came back with Yao Tiao that they stopped.

Su Fubo went abroad with a visiting delegation from the National People's Congress, leaving only Bai Pu, Su Yanqing and Yao Tiao at home. The two families simply spent the May Day holiday together, but Xia Lixing's two sons came back yesterday and left, while the other did not come back at all.

"What are you two doing? The fight is so red and the neck is thick?" Bai Yuan was obviously a little angry and was a little surprised when he saw that his husband was actually fighting with Lu Weimin.

Bai Pu and Su Yanqing were also surprised. They knew the relationship between Xia Lixing and Lu Weimin very well. Almost as the relationship between master, apprentice and son, Lu Weimin's respect for Xia Lixing is unmatched. What is the trouble now?

"It's okay, it's okay. Some of my discussions with Weimin on work, opinions and opinions are different. It's normal discussion." Xia Lixing also felt that he was a little involved, and was actually excited by some of Lu Weimin's views and opinions. However, he had to admit that Lu Weimin's some of your views are sharp, but they are facts.

Third update! (To be continued.)
Chapter completed!