Chapter Seventy-Four: Earning 200,000 Yuan

Happiness 250 puffed out a puff of black smoke and docked at the door of the bank.

Li Weidong got off the motorcycle and hurriedly walked to the bank's business hall.

The gatekeeper sitting at the door glanced at Li Weidong and asked, "Young man, are you here to ask about the exchange rate again?"

"Yes, let's take a look at the yen exchange rate today, uncle, my car is unlocked, help me look at it. Li Weidong said, stuffed a cigarette to the janitor, and then walked in.

During this period of time, Li Weidong has come to inquire about the exchange rate of the yen every once in a while, and he has become a regular customer of the bank, not only the janitor, but also the salesman in the bank, and he also knows Li Weidong.

After a while, Li Weidong walked out of it with a smile on his face.

The uncle had already lit the cigarette, and when he saw Li Weidong walking out with a smile, he immediately asked, "Has the yen risen again?"

"Yes, it's gone up again, and now it's 100 yen, and I can exchange it for six cents a piece. Li Weidong said with a smile.

"Isn't it possible to exchange it for five yuan two days ago?" It's only been a few days, and 100 yen can be exchanged for an extra dollar!" The uncle paused, and then asked, "Young man, you ran to the bank twice in three days and asked the price of the yen, how many yen do you have?"

"It's not much, that's 2,500 yen. Li Weidong replied with a smile.

"A piece of six times twenty-five, five six thirty, two six and twelve, add up to fifteen, fifteen plus twenty-five, that's forty yuan!" the uncle blurted out.

Li Weidong was slightly stunned, he didn't expect this uncle to have such a powerful arithmetic ability, and he deserved to be the gatekeeper of the bank.

The Plaza Accord was signed in September '85, and in the following three months, the yen appreciated by a whopping 20%.

Li Weidong ran to the bank twice in three days, also to check the exchange rate of the yen.

The exchange rate announced by the bank is the official exchange rate, so Li Weidong's 25 million yen can be exchanged for 400,000 yuan in foreign exchange coupons.

On the black market, if you exchange renminbi directly, this figure is multiplied by three, and 25 million yen can be exchanged for 1.2 million yuan.

Everything was as Li Weidong expected, doing nothing with the yen in hand, and earning 200,000 yuan in three months.

In the next three years, the yen will appreciate by 50%, and if Li Weidong does not find a suitable project, it is also a good plan to continue to hold the yen.

......

Happiness 250 blew a black whirlwind and took Li Weidong back to the freight office.

As soon as he entered the gate of the dispatch department, Luo Bing stuffed a document to Li Weidong.

"Xiao Li, this is a document just from the local committee, study it carefully, and wait until January next year, our company will also implement it." Luo Bing said.

Li Weidong took the document and glanced at the contents, saying that it was about the reform of state-owned enterprises, and the reform of state-owned enterprises was mainly about the gradual socialization of the three industries of state-owned enterprises.

In the era of planned economy, whether it is a state-owned enterprise or a collective enterprise, there are more or less tertiary industries, and the larger the scale of state-owned enterprises, the larger the scale of the tertiary industries, and the more complete the categories of the tertiary industries.

The reason why large state-owned enterprises can guarantee the workers from birth to death is precisely because of the tertiary production of state-owned enterprises.

For example, if a worker needs to take a bath, the unit will build a bathhouse; if there is no one at home to take care of the children, the unit will build a kindergarten; if the children of the unit need to go to school, the unit will build a school; if the worker needs to see a doctor, the unit will build a hospital; if the worker needs to buy things, the unit will build a supply and marketing cooperative; and if the worker needs clothes, the unit will build a garment factory.

According to this model, those super-large state-owned enterprises are located like a small city, with all walks of life.

For example, the Qinghe Transportation Company has only five or six hundred drivers, but there are thousands of employees, because of the existence of the three industries. The employees of the tertiary industry are also regular employees of the enterprise, and even account for the majority of the enterprise.

In the era of planned economy, materials are relatively scarce, and many times enterprises cannot obtain the corresponding materials, so they can only do it themselves, and set up three industries to ensure the normal operation of enterprises, which is understandable.

After the reform and opening up, many materials can be bought in the market, and many inefficient tertiary industries have become a burden to enterprises.

Not to mention that these three industries do not make money, they still need to consume a lot of money every month, and most of the profits obtained by enterprises are subsidized by the three industries, so that enterprises have no money to improve technology and buy new equipment, and they will not be able to improve productivity, and eventually the entire enterprise will be dragged down.

The most basic characteristics of modern enterprises are clear property rights, clear responsibilities, separation of government and enterprises, and scientific management. The existence of the tertiary industry of state-owned enterprises is obviously contrary to it.

Therefore, it has become necessary to socialize the three industries of state-owned enterprises and finally realize the separation of state-owned enterprises from the three industries.

The tertiary industry of state-owned enterprises has existed for so many years, and it is obviously impossible to separate state-owned enterprises from tertiary industries at once. Allowing the tertiary industry to operate independently and accounting for its benefits has become the first step in the reform of the tertiary industry of state-owned enterprises.

In 1986, the profit tax reform of state-owned enterprises entered the final stage. After the profit tax reform, the distribution relationship between the state and enterprises was fixed through the tax law, and state-owned enterprises gradually got rid of excessive administrative intervention and became economic entities with independent production and operation and self-responsibility for profits and losses.

According to the provisions after the profit tax reform, state-owned enterprises need to pay enterprise income tax to the state, medium and large state-owned enterprises are all to pay 55% of the enterprise income tax, small enterprises are divided into eight grades according to the taxable income, the highest level is also 55%, and the lowest level of tax rate is 10%.

Under this system, if state-owned enterprises and tertiary industries are accounted for in a unified manner, then everyone must pay taxes according to 55%.

Just like a transportation company, the freight department can earn 2 million a month, and it is no problem to pay income tax according to 55%, and it is still enough to pay taxes.

But if the tertiary bathhouse of the transportation company also pays taxes according to the grade of 55%, wouldn't it be a big loss!

In addition, after the profit tax reform, the tax types have also become more detailed, and the original industrial and commercial tax has been divided into product tax, value-added tax, business tax and salt tax, which are applicable to different industries.

For example, those enterprises directly engaged in production should pay product tax and value-added tax.

It can be used as a bathhouse for the three industries of this enterprise, and it does not produce anything, and if it is to pay product tax and value-added tax with the enterprise, it will lose 100 million yuan if it is rounded.

Under such circumstances, it has become a very necessary thing for state-owned enterprises to operate independently, to account for their own benefits, and to pay taxes independently.

The independent operation of the tertiary industry will also encounter a problem, that is, the loss of the protection of the backer.

State-owned enterprises in the era of planned economy ensure income during droughts and floods, which also includes the tertiary industry. The workers of the tertiary industry of state-owned enterprises eat the same pot of rice, and they also guarantee income during drought and flood.

The three industries are operated independently, and the benefits are independently calculated, and the big pot of rice becomes a small pot of rice, and the economic benefits of the three industries are good, so it is natural that the wages are more and the bonuses are higher, and the economic benefits are not good, so you can only be hungry.

However, the tertiary industry of state-owned enterprises has long been accustomed to enjoying the shade under the big tree, and most of the tertiary industries of state-owned enterprises have been unable to adapt to the fierce market competition, and finally went bankrupt.

In the wave of layoffs of state-owned enterprises, the first to be laid off are all workers in the tertiary industry, and even monopoly enterprises such as electric power and petrochemical enterprises cannot avoid the layoffs of workers in the tertiary industry.

In Li Weidong's memory, among the many tertiary industries of transportation companies, only four survived in the end. They are auto repair shops, kiosks at bus stations, schools for children of transportation companies, and transportation hospitals.

Schools and hospitals, which were taken over by the education and health departments, respectively, became public in nature. The business of auto repair shops is getting more and more prosperous. And the commissary at the bus station, relying on selling biscuits, ham and sausages, instant noodles, has become a treasure of feng shui.

However, in Li Weidong's eyes, those bankrupt tertiary industries have a lot of potential to be tapped, and he has already set a sight on a target.

"Next year is eighty-six years, the enterprise contracting policy will be clear, and then I can contract the three industries!"

Thinking of this, Li Weidong couldn't help but start rejoicing, he finally waited for the opportunity to start a business.