Sha Zhengyang was playing with his negotiation skills quietly.

This can be achieved cleverly through translation, and of course it may also be recognized by the other party. That doesn't matter. It can be pushed to the translator. As long as the main problem is solved, everything else is easy to say.

Schumann roughly understood what Sha Zhengyang meant through the translation and nodded: "Sha, I basically agree with your opinion. This project can indeed have very positive effects on people in the entire region, especially the entire region contains a very rich variety of resources. They can be developed by the people of the region and bring more surprises to people all over the world. However, I also want to emphasize that this project is very large. If the World Bank wants to borrow money for it, the use of this fund must be strictly regulated and audited. This is our basic requirement. How to achieve it is necessary to ensure it."

"Okay, no problem, Mr. Schuman, I think we can give you an answer to this question that satisfies you." It is no secret that Americans have brought the deep-rooted discrimination against Chinese state-owned enterprises into the World Bank. To relieve these stubborn Americans, we must give the most direct answer to their concerns. "I think you may have to know one premise, that is, Duyi Expressway may not be a state-owned enterprise controlled by the government, responsible for the construction and operation, but may be dominated by mixed investments including private investment and overseas capital...."

"What?!" Schumann was obviously shocked by the translation's words and even became a little stuttering, "impossible!"

Sha Zhengyang knew that he had hit the opponent's key, and even Miyamoto and several others were very surprised by this, and the translator kept explaining it.

"There is nothing impossible." Sha Zhengyang said lightly: "Although our government investment will also account for a considerable proportion, it is very likely that their share will not exceed 50%, and the combined domestic private capital and overseas capital may even exceed 50% of the capital."

The translation shocked Schumann, Miyamoto Nagamoto and others. It was obvious that the meaning of the word domestic private capital that was specially explained by the translation surprised them very much.

In their opinion, it may be understandable that foreign capital or Hong Kong capital can enter this field, and it is somewhat incredible that domestic private capital can also enter this important basic industry that is obviously regarded by the Communist China as an important basic industry that concerns national economy and people's livelihood.

"Mr. Schumann, there is nothing incomprehensible about this. Our country's reform and opening-up measures are increasing. Our country is not as conservative as you imagine. Pledge is conducive to the economic development of our country and to improve people's living standards. Our government can innovate in many policy areas. Before 1978, many things that were impossible in our country are not used to now? So as our country's reform and opening-up further deepens, the world is embracing China, and China is also integrating into the world!"

"verygood!" Schuman couldn't help but give a thumbs up, "It's very good to say that the world needs China, and China also needs the world!"

"So Mr. Schumann is assured that if private capital and foreign capital account for more than 50% of the investment amount of this project, you can imagine that in order to safeguard their own interests, they will definitely establish a complete set of financial systems and audit systems in accordance with market rules. We also welcome the World Bank's supervision and auditors to join in and work with them and our government to conduct a full-scale supervision of the entire project from investment to construction and then to operation!" Sha Zhengyang was confident, "No matter which party finds a problem, it can be handled according to the rules. At this point, Mr. Schumann should believe that our government cannot damage our credibility in such a project,..."

Schuman nodded repeatedly, his red face showed a satisfied smile. He turned around and said to Miyamoto Nagamaki, "In the big picture, I have no problem. Miyamoto, you can talk about your opinions..."

I have to admit that these people are quite rigorous in their work. Even if they are very satisfied, Schuman still wants to seek opinions from other members. Miyamoto Nagamoto did not give up his attitude because of Schuman's approval.

"..., what you mean is that in the future, Duyi Expressway project may be composed of multiple capital investments. The capital of the project, the representative of the Hanchuan Provincial Government, Hanchuan Expressway Co., Ltd., may not become the absolute major shareholder. Can I understand this way?" Miyamoto Nagamoto asked much more carefully than Schuman. Even if this was not a specific negotiation, this guy was a little persistent.

"I mean that, maybe we may even adopt a packaged approach to establish project companies on Duyi Expressway project and even more expressway projects. Hanchuan Expressway Co., Ltd. will only appear as a capitalist, and may be a major shareholder in some project companies, and in some projects it will not. It will even accept other capital investments, and then go public to become a public listed company, or even list in Hong Kong, and those project companies are the same,..."

This is a bit big, but it is not possible not to say that. Anyway, my own words only indicate a possibility. The project company may go public. If Provincial Expressway Co., Ltd. accepts other capital investment, it may go public and everything is possible.

This is also Sha Zhengyang's view. Whoever can do the best investment environment faster and earlier at the moment can seize the initiative in the future development tide.

On this point, he and Cheng Song reached a consensus on the need to take major measures to break the bottleneck in Hanchuan Province's transportation. They also reached an agreement on Mao Xiangdong's view on the construction of Hancheng City's information network to be the first to build commercial adsl broadband across the country. These are practical measures to improve the hard investment environment. The key now lies in how to implement it.

Miyamoto Nagamoto was a little confused by Sha Zhengyang's series of words.

The information here is too rich. Duyi Expressway may be a separate project company or a company that may be packaged with other projects. Even Hanchuan Expressway Co., Ltd. may be listed and become a public listed company by attracting other capital to enter, and then implement supervision through the capital market.

In particular, Sha Zhengyang proposed that this type of project company in Hanchuan Province and its parent company, Provincial Expressway Co., Ltd., have the intention to enter the capital market, realize the standardization and openness of its own operations, and accept capital market supervision, which is even more shocking.

The translator also felt that the translation volume of this passage was a bit large. After asking Sha Zhengyang a few more questions, he began to slowly and meticulously explain the rich meanings of Sha Zhengyang's words to Schumann, Miyamoto Nagamoto and others.

It should be said that Sha Zhengyang's somewhat advanced view has indeed brought great shock to the World Bank and the others.

As members of the World Bank's visit to China, they still have a good understanding of China's domestic economic system. Miyamoto Nagamoto has visited China many times, and Hanchuan is not the first time, but they are more in coastal provinces and cities. They did not expect that in an inland province, they would get such an impactful planning and concept, which is much beyond their imagination.

Sha Zhengyang's view is very simple. Hanchuan Province is an inland province, and under the conditions of many mountainous areas, the transportation environment itself lags behind other provinces and cities, not to mention the development of leading coastal provinces. In addition, insufficient financial resources are an inconvenient reality. So how can we achieve advanced development?

Judging from the current situation, the traffic flow of Hanjia Expressway, which has begun to be opened to traffic, is growing rapidly and is expected to be profitable soon. The Hanwan Expressway under construction will not be too long after it is completed. Especially after the Zhongwan Expressway and the Luwan Expressway in the future are also completed, Han can directly reach the hinterland of the Central Plains and the Yangtze River Delta through Wanzhou, Zhongzhou and Hefei, and the traffic flow of Hanwan Expressway will increase significantly.

These situations can also be seen and analyzed by the capital market. If the Hanjia Expressway and Hanwan Expressway, as well as the Hanzhaofu Expressway, which are profitable, and Hanwu, Hanqin, Duyi Expressways can be packaged and mixed, and pushed into the capital market to attract private capital and foreign capital and Hong Kong capital, it will definitely greatly alleviate the financial pressure of the Hanchuan Provincial Government in the construction of highways.

Perhaps some people will focus on the promising profits of Hanjia Expressway, Hanwan Expressway and Hanzhaofu Expressway, and believe that these highways in the future can provide stable returns to the Hanchuan Provincial Finance Department. The problem is that the Hanchuan Provincial Government is not an enterprise, it is a first-level government. What it needs is to provide a better development environment for the economic development of the province. What it needs is the better, which is the profit in a few years or the remittance of funds to build a better environment. Sha Zhengyang believes that there is nothing to hesitate about.

Even if it can provide Hanchuan Province with an investment environment that is better than the surrounding provinces three or five years in advance, it can attract more foreign capital, enterprises and projects to enter Hanchuan, but its economic significance is far greater than this economic benefit. This does not count the political significance and impact effect brought by this open pattern.

Cheng Song saw this issue very clearly. When Sha Zhengyang proposed it, he strongly supported it with clear and strong support, of course, he did not receive an immediate response after reporting to the main leaders.

This is understandable, after all, there are other political factors that need to be considered.
Chapter completed!