Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：32  发布时间：2025-08-22

This year, Chinese teenagers suddenly got a new toy - the Rubik's Cube. This is a cube shaped plastic toy with six colors on each side, each made up of nine small cubes. Let's see who can quickly adjust the six sides to the same color. You can see people racking their brains for this everywhere in the classroom, at home, and on the street. In a sense, the Chinese economy at this time is also like a Rubik's Cube: although there is a way out, the reality is a bit chaotic, making it difficult for people to figure out a clue.

Due to the overall policy tightening, 1981 naturally became a low point year for foreign investment entering China. Only sporadic joint venture reports have appeared in the newspapers. Coca Cola has opened its second bottling plant in Guangzhou. And two years after its old rival entered China, Pepsi Cola also came to China. At that time, Li Wenfu, the business representative of Pepsi Cola in China, rode a bicycle across the Luohu Bridge to Shenzhen to contact the Shenzhen Special Economic Zone for joint venture matters. The negotiation was almost effortless, and both parties reached an agreement immediately. PepsiCo invested 60% and Shenzhen invested 40% to build a Pepsi Cola bottling plant in Shenzhen. One year later, this factory covering an area of over 13000 square meters was officially put into operation. At that time, there were only 110 employees.