Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：29  发布时间：2025-06-21

At that time, a real estate bureau official named Luo Jinxing searched through the original Marxist Leninist works and finally found in the thick "Complete Works of Lenin" that Lenin quoted a passage from Engels: "... residential buildings, factories, and so on, at least during the transitional period, may not be given to individuals or cooperative societies for use without cost. Similarly, the elimination of private ownership of land does not require the elimination of land rent, but rather the transfer of land rent - although in a modified form - to society." After reading this passage, Luo Jinxing was overjoyed and went to knock on the door of the city party secretary Zhang Xunfu that night. It is said that at that time, every cadre in Shenzhen would memorize this quote. When inspectors and interrogators came from afar, they fluently recited it to those people.

The first land lease agreement in Shenzhen was signed on January 1, 1980. The first Hong Kong businessman to eat crabs was named Liu Tianjiao, and the one who talked to him about business was Luo Jinxing, who found Engels' original words in the Complete Works of Lenin. According to Luo's later recollection, the negotiation dialogue at that time was like this. Liu said, "Just draw a suitable piece of land. I will organize the design, pay for the construction, and sell it in Hong Kong. The money earned will be mostly from the Chinese side, while the rest will be from the Chinese side." Luo said, "How about drawing a piece of land near Donghu Park?" Liu said, "Okay, you take seven of the profits, and I'll take three." Luo shook his head and said, "You've taken too much." Liu smiled and said, "How about you take eight and I'll take two?" Luo said, "I'll take eight and five, and the rest will be yours!" Liu said, "It's our first time. There are still many things to do in the future, so it's up to you this time!" This conversation is indeed a business negotiation.