Chapter 299 - Right to Use Loans
The first shot of the China Shipbuilding Corporation to promote reform was fired in this way. Please search (product % book Β₯Β₯ net)!
The fastest update novel A group of key leaders of the company's headquarters and subordinate shipyards, who were almost under house arrest in Japan, formed a titular "Shipbuilding Industry Friendship Association"
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In fact, all of their passports were detained and they were "studied" at an affiliated company of Ishikawashima Harima Heavy Industries
reason, banished for a year.
Of course, they are all their own comrades, and it doesn't mean that they just give up.
In this year, if some people can change their minds, put down their burdens, really learn Japanese technology seriously, and understand the original intention of the head office's arrangement, they will not have the opportunity to return to leadership positions in the future.
Or rather, if they really take advantage of this year's learning opportunities, there will be opportunities for them to get back on the stage and achieve more in the next ten years.
But in any case, the top management of China Shipbuilding Corporation took advantage of this shareholder wind to simultaneously set off a drastic reform in China.
A group of young and knowledgeable low-level highly educated workers took up leadership positions ahead of schedule, some engineers with aging knowledge structures were successively arranged to come to Japan for exchange and study, and one-third of the positions of the middle-level leaders of the headquarters were replaced, some of them were enriched to the departments of guilds and veteran cadres, and the other part was simply thrown into the tertiary industry departments that were about to be separated.
According to the meaning of the senior management of China Shipbuilding Corporation, they didn't want to be so ruthless.
"Idle work" inside the CSSC
There are many, and most of them have always been used to arrange for these leading cadres who need to be eliminated.
But after Hu Wenhai heard Chai Lao's plan by chance, he reacted quite strongly and threw these people out of the propaganda and education mouth.
CSSC has quite a wealth of propaganda and educational resources, with its own TV stations, newspapers and magazines, and various educational resources from technical secondary schools to universities.
These positions are marginal areas within CSSC, and they used to be used to house "pensioners"
and "early retirement"
of the middle and upper echelons.
However, Hu Wenhai insisted that these people could not be placed in these positions again, and even asked with interest whether the propaganda agency of CSSC had the resources and authority to face the society.
After learning that it was not entirely impossible, his interest grew.
However, these are some inconspicuous small waves, and the real big thing is that China Shipbuilding Corporation really has jaw-dropping courage, and the first to promote "labor dispatch" in the domestic system
system.
This dynasty really set off a monstrous wave in the tide of reform in China.
Of course.
This also made Hu Wenhai a little dumbfounded.
Although he started to promote the labor dispatch system in Xiucheng in order to show the way for the reform of domestic state-owned enterprises, he never imagined that it would be so quickly distorted.
The fact that China Shipbuilding Corporation dared to promote labor dispatch under the political climate of the 80s really shocked him by Chai Lao's courage and insight.
Even if he doesn't have much time in his own political life, this kind of determination is not so easy to make, after all, at his stage and level, he will cherish his feathers even more.
But on the other hand, history is really here because of Hu Wenhai, a completely different scenery.
It is different from the F-14 entering China.
It is different from the advent of the little blue pill, and it is different from these achievements of Xinke.
This is the reform of state-owned enterprises.
Taking the initiative to promote political reform is something that Hu Wenhai has never thought about.
This is the first time that Hu Wenhai has taken the initiative to advance China's political process, and although he has had enough firsts, and there will be more firsts in the future, it still excites him.
Because although it is only a labor dispatch reform, it means that he does not need to wait passively, and China's upper echelons are not inviolable.
In his mind, the purpose of these efforts he had made before was to make achievements in Xiucheng first.
When the above decides what policy to promote, it will be good to have a reference, an inspiration, and a ready-made successful experience.
The initiative is on top, not in his hands.
For example, labor dispatch will not become important until the end of the 90s when the state-owned enterprise reform is almost sold out, and the state breathes a sigh of relief and intends to manage the little land it has in hand.
At that time, the experience of embroidery city is a ready-made prescription.
The surviving state-owned enterprises are taking medicine according to the prescription.
However, I did not expect that China Shipbuilding Corporation would have such great determination and courage to dare to press this shop in the mid-eighties.
Promoting changes in China's politics is a "great achievement" that Hu Wenhai never thought of
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Not only Hu Wenhai did not expect it, but also the major shipyards under the China Shipbuilding Corporation did not expect it, and almost everyone in the whole society did not expect it.
It turned out to be the "iron rice bowl" of the workers
You can still play like this.
For a time, almost all the workers in the whole society were in danger.
There is a lot of talk in the newspapers about labor dispatch, and no, or should I say that the vast majority of the media are criticizing this policy.
Today it is the workers of the shipyard, and who knows if tomorrow all the workers of state-owned enterprises will have to face this possibility.
Originally the "owner" of the factory
The workers were originally "iron rice bowls"
of workers.
Under the banner of labor dispatch, isn't it precarious?
In this boiling discussion, a series of other reforms of CSSC were finally quietly promoted.
The implementation of the factory director responsibility system, the change of the salary structure, the change of the leadership appointment process, and of course, the "black circulation" that is quietly advancing steadily
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"Until the 80s, the Japanese had a plan to promote the black circulation. They should also understand that such a long-term trade surplus with China is ultimately not the most beneficial way to trade for both sides. Aside from making a quick buck, it doesn't do much good for the sustainability of trade between the two countries. In order to seize this opportunity period, as early as last year, there were voices in the Japanese government proposing a plan for the circulation of black letters......"
Hu Wenhai forcibly suppressed the complicated feelings in his heart, and quietly listened to the eloquent conversation of the deputy director of the Economic Commission in front of him.
As a Northeasterner, a Northeasterner who worked in the ** decade, I am afraid that few people will not know the one in front of him.
As for the right and wrong of history, it should not be commented on by the present generation, but can only be left to future generations at least one or two hundred years from now to calm down.
It's not wrong that history is a little girl who dresses up at will, but no matter how you apply grease and powder when you are a child, you will grow up after all.
When you grow up, you can look back on the experience of growing up, so that you can absorb enough nutrients and mature in the process of growing up.
Or back to the present, the so-called "black word circulation"
, which was a program introduced by the Japanese in the eighties in history.
The purpose is to make Japan's trade "black"
-- The trade deficit is a deficit, and the trade surplus is black.
Let the large surplus of foreign trade pass guΓ² "circulation"
Back to the trade deficit countries.
Needless to say, in the 10s, Japan had a strict surplus with China, and in other words, China had a strict deficit with Japan.
Is this the Japanese eating fasting and chanting Buddha, drinking the water of the Ganges River and becoming a Bodhisattva?
Of course not, Japan's black-letter circulation returns trade surpluses to deficit countries in the form of loans, often with onerous terms.
One of the most important terms is that these loans must purchase products produced by Japanese companies.
It is precisely this condition.
The black circulation has greatly promoted the market development of Japanese products in China, and a large amount of Japanese capital has entered China.
A large number of Japanese companies have greatly strengthened their market position in China with this plan.
It is often the case that European and American companies are better than Japan in terms of technical after-sales service, but only Japanese companies can bid for Chinese projects and equipment purchases in the bidding meeting for equipment purchases, and enterprises with more advanced technology in Europe and the United States are all excluded.
Of course, it cannot be said without conscience that this is a "conspiracy" of the Japanese
Or there are "traitors"
Traitorous.
In essence, the black circulation has indeed promoted the development and progress of the Chinese market and saved the hungry capital in the process of China's reform.
No matter how harsh the conditions are, no one will force anyone to borrow this money with a gun.
Essentially, this is an acceptable option.
Hundreds of billions of yen in loans every year.
It has indeed accelerated the process of China's reform and opening up.
It's just that a small part of this money is used to "pay for tuition"
That's it.
"Although this loan cannot be considered part of the black circulation at the moment, there are great similarities between the two projects. One billion dollars pledged one trillion yen, which is equivalent to a four- to five-fold increase in the current market value. Normally, it would not be possible for a bank to do this. Of course, there is a sovereign guarantee of one country. In fact, you can get a loan without collateral. But in this way, the nature is different, there is no mortgage, maybe you have to pay some loss of political power, I take private loans as the main body is a good idea. At the same time, this loan is also required to be used for all purchases to Japan, but the current procurement rights are firmly in our hands, and this model is worth learning from......"
This is where the black circulation is most criticized.
With a short hand, only Japanese companies bid, and people surround a bid behind their backs, and the bidder can only pinch his nose and admit how many numbers he reports.
Although the trillion-yen loan promoted by Hu Wenhai this time will also be used for procurement from Japan, Japan has the motivation to support China and "unite with China to resist South Korea" in the shipbuilding industry
This initiative is in China's hands.
At the same time, because the purpose of this money is clear.
It has attracted the attention of several top Japanese consortia, and the interests involved are huge, and it is difficult to cause the result of bid-rigging under the multi-party game.
Hu Wenhai believes that with his demonstration, the Japanese will officially propose the black-letter circulation plan next year, and China should not have to pay so much tuition as it did in history.
"To sum up, I think this plan is acceptable. The only thing that needs to be discussed is how the money is spent......"
Hu Wenhai lowered his head and pondered for a moment, raised his head to the deputy director of the Economic Commission, and nodded calmly.
With the promotion of Mitsubishi Mitsui and other consortia, there have always been voices in the Japanese government such as black circulation, as long as the country is willing to provide guarantees for this loan, this trillion yen loan is not too difficult.
The real difficulty is not how to get the money, but how to spend it.
The China Shipbuilding Corporation dared to cut off the rotten parts of its body with a big axe, and dared to push forward labor dispatch and a series of reforms in the face of the world's condemnation.
On the contrary, domestic officials may have a lack of common sense or bureaucratic habits, but how can they be stupid?
The purpose of this series of actions made by the China Shipbuilding Corporation is actually very simple, that is, it hopes to grasp the right to use this trillion yen.
At present, the reform courage of the China Shipbuilding Corporation is nothing more than a letter of nomination, and it is an admission ticket to prove that it is qualified to use this money.
Hu Wenhai will definitely be counted as one vote for those who can express their opinions on the whereabouts of the money, and those who provide policies and guarantees for the State Economic Commission and the Planning Commission and the Central Bank will definitely be counted as one vote.
Other departments in the ****** are all to be eyed by, after the reform of the Ministry of Shipbuilding, at most a central enterprise, the right to speak is greatly reduced.
Although the China Shipbuilding Corporation will definitely be able to get a piece of meat.
But it's a trillion yen, and the fluctuation is a year ago.
For this money, the China Shipbuilding Corporation can be regarded as rushing to the front.
When Hu Wenhai came here, how to use the money was also something that had to be put on the table.
At the same time, it is also the "embroidery city model"
The critical moment of whether it can be promoted.
"The use of money. If we can ensure that most of it is used for the upgrading of China's shipbuilding industry......"
Hu Wenhai let out a sigh of relief, "Then I can obey the country's arrangement." However, I have another request, which is to have a project first and then introduce it. It is necessary not only to introduce equipment, but also to introduce technology and management. β
Hu Wenhai's purpose is very simple, and the method has not changed, it is still the idea of playing the project pull.
The trillion yen loan was earmarked for internal digestion in the shipbuilding industry, otherwise Mitsubishi Mitsui would not have been so aggressively promoted.
100 million yen seems like a lot, but there is still a lot of effort to fully upgrade China's shipbuilding capacity.
It is impossible to sprinkle this money like peppercorns, and you will wipe it off little by little in the ship system.
After all, the shipbuilding industry is not just a shipyard, just like the Bohai Shipyard.
It has a large scale in itself, but in order to support such a shipyard, it is surrounded by a full city of enterprises supporting it.
Marine valves, marine instruments, marine plates, marine glass, marine paints, marine engines, marine pipes...... Millions of parts on a ship, involving the entire heavy industry system.
It is impossible for shipyards to produce all these parts, most of them are purchased within the system, and they are more of an assembly role.
If you want to divide the fruit in a row and divide it with one trillion yen, it will not be possible to give it only to shipyards.
It is also necessary to divide upstream and downstream enterprises and affiliated enterprises, which is equivalent to upgrading China's entire heavy industry system, and throwing a trillion yen into it will even make a splash.
Therefore, this trillion yen can only be allocated to key upgrades.
Who's the point, ahem, is who has the project?
And in whose hands are the current domestic shipbuilding projects pinched?
Naturally, it is in the hands of Hu Wenhai, who has already signed the intention sign.
Plainly.
Hu Wenhai's request translated, that is, to whom I give the project, the state can issue loans to which shipyard.
If you don't meet the requirements and can't get the shipyard of my project, then go to the people to make a fortune!
The other side frowned unexpectedly, the meaning of Hu Wenhai's words is not vague, as long as people have a clear understanding of the current situation, they can taste the taste.
He did so, albeit leaving room for manoeuvre.
But it's a lot more troublesome.
If you want to plan this money like allocating your own funds, you can't avoid Hu Wenhai no matter what.
This is something that the Economic Commission or the central bank is not willing to accept.
"I need to communicate with the country about this request......
"I understand that. β
Hu Wenhai nodded with a smile, as if he didn't care, and said: "But after all, I want to pay back this money, and I hope the country can still give me a little thin noodles." β
"What does Mr. Hu mean is that the money will be repaid by Xinke?"
The other side listened to his words, but showed a rare look of surprise.
"Of course. β
Hu Wenhai said as a matter of course: "This money is at least nominally borrowed in the name of Xinke Company, unless I, the debtor, run away, who else will pay this money?"
"Thisβ"
The person opposite Hu Wenhai showed a tangled and happy look, and he didn't know what expression and mood to use to face this matter for a while.
In the original expectation, since the central government wanted to take the trillion yen loan that Hu Wenhai made, the central government was of course responsible for repaying the money in the end.
Of course, Hu Wenhai did a great thing, but no one thought that he could carry this matter down.
In the end, I am afraid that it is the same as the F-14 entering China, with a layer of folk skin on the surface, but in fact, it is just a white glove on the official face.
But the person opposite Hu Wenhai didn't expect it, or everyone else didn't expect it, that he never thought that the state would organize the repayment of this money?
This is a loan of 1 trillion yen, which can be repaid by one person -- in fact, it is not right, if you want to repay the money, Hu Wenhai really has the ability.
Not to mention anything else, the little blue pill is already on the market this year.
The feedback from the American market and even the world market to the little blue pill has simply shattered both Grumman and China.
Grumman, a well-known arms company, has even begun to consider whether to really switch careers to the biopharmaceutical industry.
Historically, Pfizer has spent between $5 and $1 billion a year on new drug development, before the invention of the little blue pill.
After this.
Pfizer has tasted the sweetness, and the annual investment in research and development is more than one billion.
In the 21st century, Pfizer invests at least $5 billion a year in the development of new drugs, and no other company in the world can match its R&D investment in biopharmaceuticals.
Historically, until Pfizer hit the cash cow of the little blue pill, it invested at least $10 billion in R&D spending.
The little blue pill provides Pfizer with at least hundreds of billions of dollars in market value growth during the patent period.
Even with such a big investment.
But the profit is still ten times the scale of a hundredfold.
But unlike the historical Pfizer pharmaceutical, Grumman is equivalent to "picking up for nothing"
The little blue pill is a cash cow.
Its investment is only in the acquisition of distribution channels and pharmaceutical companies.
Organize production and open up channels to the market, and then you can sit and wait for the gold to fall from the sky.
Tsk, it's not even uncommon for Gelum to drop gold from the sky now, how can gold be worth as little blue pills?
In 1985, the US dollar was about 10 US dollars for 1g of gold, and 200 US dollars was enough for 20g of gold.
The effective dose of the blue pill is in mg...... Since April 1986, when the FDA approved the marketing of the small blue pill at the fastest speed in history, it has only been half a year to remove the "insignificant"
The little blue pill brought in at least $2.6 billion in revenue for Grumman.
What the?
Is this a lot of income?
Wrong.
Miss by a mile!
In the beginning, the price of the little blue pill was two hundred dollars a piece, and the price was the same, and the price was not the same!
That's definitely a high price, right?
But compared with the heroism of men, what is such a price?
China later introduced a small blue pill, and one pill was also at the level of more than 100 yuan, could a man say no on this issue?
The sales of 2.6 billion US dollars are only 13 million pills, and the key blue pill is not to take it for a lifetime.
Instead, you have to eat one pill at a time!
Thirteen million are too few.
There are more than 200 million people in the United States, and there are no unspeakable hidden people who don't want to have one, and men who don't want to last a little longer, and be strong and stronger.
It's like a woman is forever missing a piece of clothing in her wardrobe, and a man ...... Ahem.
Anyway, it was almost inexplicable, and the little blue pill set off a frenzy in the United States, Europe, and even the world as soon as it was launched.
Thirteen million pills are not enough for Americans to share by themselves, and it is simply difficult to find a drug in US dollars.
Those who thought the business was too risky and gave too many benefits to the Chinese side have now all shut up.
The market of the blue pill of the future.
It can be said that it is displayed in front of Grumman at a glance.
As for hacking Hu Wenhai's patent fees?
Whoever dares to propose this mention will not survive for a second in Grumman.
The black-hearted communist spy arms dealer dares to let all those with crooked minds taste the taste of making a dirt plane -- pay tribute to the great sage Dupont!
The benefits involved in the little blue pill are too great, and anyone will come to this.
Grumman dared to default on patent fees on the front foot, and a team of lawyers helped Hu Wenhai recover the patent grant, and then licensed it to other foundations with more background than Grumman.
The worst case scenario is that it can muddy the waters, making the ownership of this patent unclear.
And then on top of the "controversial"
's hats, regardless of the fact that 3721 are produced first and sold.
The reason why this is not happening now is because the ownership of the little blue pill patent is quite clear and unambiguous, and Grumman can't find fault with the performance of the contract at all.
If it is white, flies can't bite the eggs that are not sewn, but when the eggs are sewn, flies from all over the world will come around.
Therefore, when it comes to Hu Wenhai's annual patent fee of one billion US dollars, Grumman will never delay it at all, and Grumman will take the initiative to maintain the validity of his patent more than Hu Wenhai!
With such an income in hand, "merely"
One trillion yen, Hu Wenhai really paid back the money.
But of course, this does not mean that when the loan expires, Hu Wenhai will use his own money to fill the hole - even if Hu Wenhai has such a high profile, the state will never allow him to do so.
At least on the bright side, there is no reason for the state to pay back privately.
If this example is erected, the credibility and face of the Chinese government will be lost.
If you dare to do this once, you will dare to do this ten times and a hundred times.
China doesn't need to carry out any reforms, and no one dares to make money.
Except for ****** who came to power and used the fierce public opinion to fight the oligarchs, no P5 dared to do so, and credibility is the foundation of governing the country.
The so-called Hu Wenhai repaying the money himself is to take the state out of the entire process of the loan.
In a normal model, since the state is in charge of issuing money, it will naturally have to take care of the payment.
The trillion yen is gone.
After the expiration date, the shipyard returned the money to the state, which in turn returned it to a consortium of banks formed by the Japanese foundation.
This is a normal black letter circulation program.
As for whether the shipyard has the ability to repay the loan when the loan expires, this risk is not small.
In China's current state, it is too normal to pay tuition fees.
The factory director paid the tuition, the section chief paid another tuition, and the director of the headquarters had to pay the tuition.
You can't complain yet, after all, paying tuition at least means that people are doing things, right?
Therefore, when the loan expires, the state will recover the loan from the shipyard, and perhaps there will be a bad debt of tens of percent, or even a simple merger of units to cancel it.
It's a bad deal, and there's nowhere to talk about it.
At this time, the state will have to shoulder this account and pay this part out of its own pocket to return it to the Japanese bank syndicate.
And Hu Wenhai's meaning is that I don't have to be responsible for the state when I collect the money, and I will carry the bad debts and bad debts myself!
Although the loss is not necessarily as big as a trillion.
It is not surprising that there must be a hole of 180 billion, and it is not surprising that this hole simply ate up the billion dollars he had mortgaged.
Hu Wenhai won the right to appoint most of the loans at the cost of bearing this part of the risk, which really touched the mind of the deputy director of the Economic Commission.
In the final analysis, this money still has to be distributed by the state, and the money that flows to the shipbuilding industry at that time is, of course, at the disposal of Hu Wenhai, but it can flow to other places.
There's a lot of room for manoeuvre.
In the past, the shipyard paid a tuition fee and embezzled a part, and the state finally had to pay off the debt, and the beneficiary who intercepted the misappropriation may not remember the good of the people above.
As for this plan, the use of the money is in Hu Wenhai's hands, and in the end, it is the new technology company that will repay the money.
Although most money is not in charge.
But after all, I can share a sum of money to do something that I couldn't do with money before.
The unit that took the money is equivalent to being pulled out of Hu Wenhai's mouth for them above, so they naturally have to be grateful to Dade.
This deal, not a loss.
In fact, there are two choices, the probability of loss of large risks is quite large, and the basic profit of small risks can make a profit.
And Hu Wenhai is also confident here, and the shipyard's arrears cannot be collected, that is the country!
If he is responsible for the distribution of this loan, how can any shipyard dare not repay the money?
His plan is also simple, isn't there a giant general section shipbuilding method!
In the early stage, he was ready to roll out the general section of the factory, at most, the four time-honored brands of Dagang, Bochuan, Jiangnan and Hudong could serve as the task of the general section factory.
Other shipyards, that is, the location of a sectional plant for the time being.
To put it bluntly, do you dare to owe money to the head section factory?
The country may not be able to come out of this money, but the head section factory can come out nine times out of ten.
What's more, Hu Wenhai's loan will definitely have the effect of shipyard reform and transformation.
Assess your profitability and management level, technical level, assets and capital structure, and we will all follow the business plan.
It is impossible to have so much room for human favor and power manipulation like the state, let alone consider inexplicable reasons such as a bowl of water.
On the issue of turning his face and not recognizing people, Hu Wenhai definitely has no psychological burden.
"If ST can complete the final repayment independently, then I think this condition is not impossible......
In a rather tangled tone, the deputy director of the Economic Commission reluctantly said what Hu Wenhai wanted to hear the most.
To be honest, he thinks that this business has been profitable, and one billion dollars will be leveraged into a trillion yen loan, and in the end, there will be a hole in bad debts, and the capital will have been earned back long ago.
The black circulation is generally medium and long-term loans, and if this trillion-dollar loan is smooth, Hu Wenhai will definitely insist on getting a repayment period of more than five years, and it will be delayed until the bursting of Japan's economic bubble in the 90s.
When the time comes, how much money will be paid off if you sell Japanese company stocks or real estate short?
This loan is clearly the same as picking it up.
Hu Wenhai's eyes lit up, and he simply stretched out his hand: "Then I will wait for Director Zhu's good news." β
The deputy director of the Economic Commission nodded and stretched out his hand: "But I also have to remind Mr. Hu that the premise of getting the loan and allocating the loan is that the new technology company and Dagang Shipyard can get enough orders at this order meeting." β
β¦β¦ Lee Jae-yong's eyes lit up, and the managers of the other four Korean heavy industry companies who were waiting for him asked in a deep voice.
"Ladies and gentlemen, are you all ready to break the Japanese blockade in one fell swoop?"
"Manager Li can rest assured that our Samsung has done its best this time!"
"We Daewoo are also ready, this time is a rare big deal!"
"Halla has been shipwrecked, and I believe that Manager Li will not let us down. β
"Although Han Jin's strength is weak, he will not be willing to be left behind. β
"Good!"
Li Zaiyong slapped a stack of Wen JiΓ n on the table and laughed sharply: "Then let the Chinese know that this international shipbuilding industry is not something they can come to if they want to!"
"Yes, give them a lesson they will never forget!"
The Koreans in the audience nodded in unison, their eyes full of confidence and a sinister glow.
(To be continued.)
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