The Birth of Shanghai's First Conglomerate

A county in Zhejiang Province.

Xiao Le, dressed in a decent women's cadre uniform, waited outside the airfield with a large group of leaders.

There were three Coaster buses nearby, and she wasn't the only one waiting there early; countless leaders from all over the county had come.

They were there to wait for a distinguished guest, who had made a reservation more than a year in advance and was only available today.

"Secretary Xiao, Old Chen should be arriving soon."

"Hmm... judging by the timeline, he should have flown into Zhejiang Province."

"This is the economic inspection itinerary arranged by the county for Mr. Chen. Please confirm it one last time."

The secretary handed Xiao Le a schedule, which he glanced at.

Chen Pingsheng's plane should land in their county at 10 a.m. After picking them up at 10 a.m., she will accompany them to visit Tengfei AI Super Robot Factory, the county's largest economic enterprise.

This factory, which was built not long ago, has provided employment for 50,000 people in the county.

The so-called basic employment is just a term for contract manufacturing plants, which do not require high education or complicated work procedures.

It is something that an ordinary person can easily do.

In addition, 169 robot supply chain manufacturers have emerged in the county as a result.

It can be said that ever since Tengfei AI designated that area as the Tengfei AI Future Robot World Factory, countless robot supply chain manufacturers have emerged there.

That area has now become the most famous robotics high-tech park in Zhejiang Province.

It has even become a star industrial park in the province.

It's safe to say that robots are incredibly popular right now, especially AI robots.

Whether used for chatting or cleaning and doing housework, it already has very mature technology.

The commercialization of robots is now popular both at home and abroad.

Groups like Tengfei AI have invested over 600 billion yuan in R&D between 2020 and 2030.

It took ten years of hard work to achieve the remarkable world-class results that followed.

At that time, Chen Pingsheng had already anticipated this. If he hadn't unintentionally made hundreds of billions of dollars from investing in Tesla and Nvidia stocks, he wouldn't have been able to come up with such a massive amount of funds.

Tech giants are never built overnight; they require a long period of nurturing.

It took Tengfei AI a full ten years from its inception to break even.

For the first ten years, the company suffered huge losses.

This is the main reason why it's difficult for newcomers to rise to prominence. It's not that they have too much money; there are only a few who can come up with hundreds of billions to endure an uncertain outcome.

Once established, the returns of such R&D groups are far beyond what ordinary small businesses, including traditional enterprises, can match.

When the private jet finally landed after circling overhead, three personal secretaries arrived at Chen Pingsheng's side.

Tang Jing will still take the lead and be responsible for coordinating all of the big boss's future political activities.

Xiao Le naturally couldn't call him "uncle" in public; he could only call him "Old Chen" like everyone else.

If it weren't for the secrecy surrounding this trip, the person responsible for receiving him wouldn't have been just a county party secretary.

Those would need to start at the vice-provincial level.

This is the extremely high level of treatment one can enjoy after a business has developed to a certain stage.

Chen Lu came here specifically to broaden his horizons.

His two older sisters, Er Ya and Er Ya, didn't like to deal too much with the government, so they moved to Hong Kong earlier.

The things she did didn't require much interaction with the government.

An An, however, cannot avoid large-scale business and political meetings due to various projects and collaborations.

The county has a population of over 600,000. Since Xiao Le came here, the employment rate has increased by 60% in one year.

It has also attracted countless migrant workers and provided them with many government benefits and affordable rental housing.

This type of housing is also called public rental housing, where the government takes back existing properties from real estate developers. One purpose is to solve economic turnover issues, and the other, more importantly, is to stabilize housing prices.

An excessive stock of existing properties will naturally affect housing prices and the entire real estate sales process.

Real estate developers are also trapped in that quagmire and cannot extricate themselves.

The key to stabilizing housing prices was the impact of major policies, namely, the intervention of various local governments.

If the decline continues for so many years, it may wipe out a large portion of the middle class, leaving them back to pre-liberation levels.

From 19 to 27, countless people were trapped in this quagmire.

It eventually stabilized in 2028.

That same year, Chen Pingsheng also set aside over 100 billion yuan to invest in commercial real estate across the country.

These can be set aside for now.

For a county, the most important thing is still GDP growth.

Xiao Le has been here for almost two years, and the fastest growing sector in the county is industrial output.

From over six billion yuan before, it has grown to over one hundred billion yuan in just two years.

It accounts for 45% of the city's total industrial output.

It can be said that the results are quite remarkable.

These figures are all within expectations. After all, it would be quite easy for Tengfei AI to drive the rapid development of a backward county.

What truly makes this county extraordinary are its per capita income, happiness index, and other related data.

In the two years since she took office, the charitable foundations under the Tencent Group, including the Welfare Group, have been established.

The county has invested over 20 billion yuan in welfare projects, including the county's No. 1 High School, junior high school, primary school, and public welfare medical care, which represent the largest investment in the city.

Such a large sum of public welfare funds has a significant effect on the local people.

The simplest thing is that the learning environment for children here is much better.

The foundation of education, including the quality of education, is in place from the outset.

In addition, medical care is now free in many aspects, at least for minor illnesses.

Even serious illnesses only require a small amount of money.

Many ordinary people are grateful to Xiao Le, the newly appointed county head, for this reason.

I will remember her kindness from the bottom of my heart.

She has genuinely improved the lives of hundreds of thousands of ordinary people in this area.

Although all of this is inseparable from Chen Pingsheng's support, so what?
Whether in the workplace or within a system, it is difficult to accomplish anything by going it alone.

He no longer needs those empty titles. Everything he does is done without any publicity, and will only become Xiao Le's political achievements invisibly, helping her to advance further.

Those who were unaware of the situation naturally felt grateful to Xiao Le, the newly arrived county secretary, and they truly deserved it.

It doesn't take many resources to fully develop a county, at least not for Chen Pingsheng.

Xiao Le won't stay in this place forever; in four years, she will most likely be promoted.

And this place will become the most crucial marker on her path to promotion.

In the future, we will help her embark on an even higher path.

Chen Pingsheng and Chen Lu sat in the county conference room and listened to many of Xiao Le's proposals on the further development of the county.

If she continues down this path, she'll probably become a deputy mayor.

Time really flies.

(End of this chapter)