Nie Zhenbang's words immediately caused many of Jinan City's leaders' faces to show signs of embarrassment. As the Secretary of the Municipal Committee, Ma Zhongxiong also knew that Secretary Nie's words had a deeper meaning.
The so-called reliance on not just a single state-owned or private enterprise was clearly aimed at the Zhao Clan Group.
As the leading enterprise in Jinan City, generating nearly three billion yuan in profits and taxes annually, the Zhao Clan Group is a diversified conglomerate involved in real estate development, entertainment management, mineral resources, agriculture, and animal husbandry. Ma Zhongxiong was aware of the unfavorable rumors about the Zhao family in Jinan City.