Vice Premier Wu Yongtai put forward such a new state-owned private plan, which soon received positive feedback from Cai Siqiang. Vice Premier Wu was very convinced and began to promote the African development plan.

He asked his think tank team to work with Professor Yuan Hongfa of the Academy of Social Sciences to further polish the plan and sort out a more complete plan. After sending it to the No. 1 and No. 2 leaders for review, neither of the two bigwigs had any opinions and agreed in principle to use this new method to solve the funding and operational problems of the large-scale resource development in Africa. Now, several super-large projects have been carried out in China, and the military expenditure has grown sharply. This major event cannot be supported by the domestic fiscal budget, and can only focus on private capital.

Although these two bigwigs also know that this means that there will definitely be some new problems in the future, allowing private capital to gain more say, compared to the benefits after the implementation of this grand strategy, they believe that these problems are not worth mentioning, and there will always be new ways to solve them.

Therefore, Vice Premier Wu quickly submitted this plan to the agenda of the State Council Office Meeting. As expected, as soon as this plan was put out, the National Development and Reform Commission, the State-owned Assets Supervision and Administration Commission and other core relevant departments jumped out and listed a lot of reasons for opposition, which aroused doubts from other real-power figures in the State Council. However, because this plan has principled consent signed by Chief No. 1 and Chief No. 2, although there are many criticisms, these people still cannot overturn in the general direction.

In addition, Professor Yuan’s paper is reasonable and well-founded, and his theoretical level is also quite influential in the circle. Therefore, after a series of fierce bargaining, the office meeting passed a new draft that was revised again, which was only implemented in the specific environment of African development.

This is also a practical application of the theory of crossing the river by feeling the stones. After the draft was passed, Vice Premier Wu couldn't help but breathe a sigh of relief. Because this matter was finally settled and would not seriously affect his next plan. Next, it depends on how the SASAC and the Development and Reform Commission formally negotiated with private capital headed by SAL to reach a framework agreement for cooperation.

However, Vice Premier Wu was still a little too happy. When the matter was transferred to the specific offices below, for the two powerful departments of the Development and Reform Commission and the State-owned Assets Supervision and Administration Commission, what they originally wanted was to give the State Co., Ltd. absolutely control the large-scale African resource development, so that they could fully control the big fat meat of African resource development.

Now that they are forced to become relative controlling shareholders, they are of course trying their best to make state-owned assets occupy a larger share and seek greater control in the company in the future so that they can reach out to this big fat piece of meat in the future.

However, the private capital investment negotiation team composed of Cai Siqiang and Lao Li’s family is not so easy to match now. In the future, since private capital has to bear most of the investment amount, of course, it must have considerable guarantees in terms of interests. Therefore, they have no room for concessions in terms of shareholding structure and control rights.

This is the key to everyone's vital interests, and who dares to give up easily. Moreover, the current negotiation results are mainly participated by representatives of several large enterprise groups. In the future, more capital must be absorbed. If this framework agreement cannot make private capital feel profitable and guaranteed, Cai Siqiang cannot use this framework agreement to find enough private capital to invest, and ultimately make this matter fail.

For the huge private capital that has accumulated tens of trillions of yuan, if there are suitable investment opportunities, it will naturally stimulate the enthusiasm of these capital holders to participate, just like the last major development of the East China Sea and the South China Sea. However, the premise is profitable, and the profit-seeking nature of capital shows that it can only be effectively mobilized under this condition. So if this new company just becomes a shell with fundraising function, then how could those smart private capital holders invest such a huge amount of funds to be controlled by a group of bureaucrats?

Who knows what state-owned enterprises are like by those bureaucrats? If it weren't for the privilege of monopoly operation, how many national brands would have lived? So if there were no changes in this regard, these capital holders would rather not flow into this muddy water, so as not to be ruined even if they were ruined.

Cai Siqiang refused to make concessions, and the bureaucrats from the National Development and Reform Commission and the State-owned Assets Supervision and Administration Commission naturally had no reason to make concessions. Anyway, they were not in a hurry to do so.

This tug-of-war lasted for two weeks without a result. The negotiations were not in a hurry. Vice Premier Wu, who originally thought that the big thing had been done, was anxious because time was not waiting for anyone. After China signed a strategic cooperation agreement on comprehensive economic development with Tanzania, he successively signed a strategic cooperation agreement on mineral resource development with Zambia, Mozambique, Zimbabwe and other countries. Although the conditions were worse than the agreement between China and Tanzania, China's conditions were significantly better than those signed with the West.

Moreover, China promises that more than billions of dollars of investment will soon enter the mineral resource development-related industrial chains in these countries, creating tens of thousands of new job opportunities for local people and driving local economic development.

It can be said that during the tug-of-war negotiations between Cai Siqiang and the Development and Reform Commission and the State-owned Assets Supervision and Administration Commission, Vice Premier Wu had already issued a lot of short checks.

The first week passed, and Vice Premier Wu endured it. After all, key departments such as the SASAC and the Development and Reform Commission were not directly managed by him. Although his reputation in the State Council has risen greatly due to the effective African plan, he is very likely to be in the Standing Committee in the future. But now he is still the third person and cannot make decisions about many things.

However, the second week passed and there was still no progress. Vice Premier Wu could no longer bear it and called the heads of the State-owned Assets Supervision and Administration Commission and the Development and Reform Commission to the office.

"Director Huang, Director Sun," Although Vice Premier Wu was as anxious as a star, he still looked calm and gentle on his face and greeted the two major directors enthusiastically. "Today, I invite the two major directors to come here, I want to communicate with the two major directors first."

"Since the Central Committee deployed the strategy of cooperative development of African resources, we have now signed a series of strategic cooperation agreements on mineral resource development with Tanzania, Zambia, Mozambique and other countries. Now, we African friends often ask me when will we see the funds of Chinese friends enter and start the implementation steps of these strategic cooperation agreements? So today I will invite the two directors here, which is how we will start to implement the new strategic deployment plan of the Central Committee, sort out the timetable of manpower and capital investment steps, and strive to come up with a draft of implementation as soon as possible so that we can meet next week." Vice Premier Wu's words were completely useless and seemed to be a trivial matter.

But in the ears of the two major directors, it was like a wave of ancient wells, and a stone caused a thousand waves. This was exactly the same as Vice Premier Wu expressed his great dissatisfaction to them and issued an ultimatum warning in person: either reach a cooperation framework agreement with private capital negotiators and establish a new company as soon as possible; or they could find funds and let the national team implement the mineral resource investment and development agreement signed with African countries.

In short, Vice Premier Wu asked them to solve the funding problem as soon as possible. But these things were their own affairs, and they could not find any reason to shirk them. Of course, they can also find various reasons to quibble now, but it is useless. If they really want to do this, Vice Premier Wu will take the opportunity to mention this issue to the office meeting and make the communication open. Anyway, the communication below has been done. Even if these two chief directors have their own backs, if the Chief No. 1 and Chief No. 2 know that they are dragging their backs on such strategic issues, the day will be very sad.

"We will try our best to speed up the progress of negotiations with private capital, but it is really difficult to have a week. Within two weeks, we will strive to reach a result with private capital."

(Second update! Thanks to book friends "wenti123" and "rob73" for their monthly ticket support, and continue tomorrow!)
Chapter completed!