28 January 1995.

Because of the invitation of CCTV Spring Festival Gala, Lin Qi accompanied his family to Beijing to participate in CCTV's Spring Festival Gala a few days in advance after arranging the company's holiday.

Lin Qi's plane to the Spring Festival Gala was a charter flight from an airline. However, after getting on the plane, the flight attendant of Air China smiled and said, "Mr. Lin, this plane is actually your asset!"

"Mine?" Lin Qi was stunned.

Lin Qi does have airplanes, but more helicopters, this kind of civil aviation aircraft, whether in Hong Kong or in China is very convenient. In China, because of air traffic control, it is possible to buy an airplane, but every time you take off, you need the approval of the Air Force. Hong Kong, on the other hand, is too small and has poor infrastructure to build a private airport. Even if the aircraft is stored in the hangar of the civil aviation airport, it is very troublesome, and it is better to charter a special flight when you need to use it. Of course, after Lin Qi's charter flight, the captain and flight attendant were replaced by security guards to avoid safety problems.

However, the charter flight was Lin Qi's asset, which surprised Lin Qi. Although he did invest in some aircraft, as an asset project, leased to airlines to operate, and the airlines paid the rent every quarter, and after three or five years of lease, the airlines would buy the planes at a lower price if they had more money. Because, after a few years of depreciation, the price of aircraft is already relatively cheap, and in the long run, it is more cost-effective to buy an asset than to lease it.

Financial services such as aircraft leasing for airlines are still relatively unpopular business. However, after the 21st century, many large banks and financial companies are taking this business as a new growth point. For example, a bunch of large banks such as the Industrial and Commercial Bank of China, the Bank of China, the Agricultural Bank of China, the Construction Bank, etc., are embarrassed to say that they are the world's top banks if they do not buy dozens or hundreds of planes and lease them to airlines to collect rent.

was told by the Air China hostess that the plane was Lin Qi's asset, Lin Qi was not very surprised, after thinking about it a little, he knew what was going on, and said with a smile: "This is the aircraft leased by Hang Seng Bank, right?"

"Yes, the aviation industry is so volatile that it is difficult to obtain large-scale credit from banks according to the traditional lending model. The main asset, that is, the aircraft is mortgaged to the bank, and it is even more difficult to obtain a fair valuation. Therefore, after Hang Seng Bank bought the plane and leased it to Air China, Air China's fleet grew rapidly to more than 50 aircraft, and the size of the fleet was no less than that of Cathay Pacific! Originally, Air China could not expand its international flight business because of the size of its fleet, but now it has rapidly opened up dozens of new international routes. ”

"Me!" Lin Qi nodded and said, "I hope to take planes in the future and see more planes from domestic airlines." ”

"Schelling always encourages!"

After being acquired by Lin Qi, Hang Seng Bank not only grew rapidly in terms of assets, but also gradually expanded its business scope. It has more than 30 aircraft owned by Boeing and Airbus, and these assets are usually leased to Cathay Pacific, Dragonair, Air China, and several Hong Kong and domestic airlines.

Among them, Air China leased 15 aircraft, which is the most leased. The main reason is that the old planes for domestic flights are now not able to fly international routes. Aircraft that can fly international routes must have airworthiness certificates from the United States, Europe and the United States, that is, only aircraft from the United States, Europe and other regions can be used on international routes. The purchase of Airbus and Boeing aircraft requires a large amount of foreign exchange at one time, and the current domestic foreign exchange is not very abundant. Therefore, it is undoubtedly the most suitable for Air China's needs at this stage to be able to lease aircraft to develop international flights, and Air China can quickly earn foreign exchange and earn foreign exchange income after leasing aircraft to develop international flights. Although the rent is also paid in US dollars, it can be paid in installments. By expanding the business, in fact, you can still earn more foreign exchange.

As for the lease of the aircraft to a central enterprise such as Air China, basically, Lin Qi can believe that there is no risk of default. Local state-owned enterprises may have problems, but central enterprises are the face of the country, and there is rarely a risk of defaulting on debts.

Got off the plane. After leaving the airport, Lin Qi's family stayed at the hotel.

Soon after, many local officials came over to ask Lin Qi for guidance on how to develop the economy, but in fact, after talking for a long time, the topic automatically turned to the routine of attracting investment and attracting Lin Qi to invest.

This is the same, the Internet literature writers of later generations, the great god suddenly chatted with the newcomer in the group about the writing experience, and an uninteresting newcomer popped up in the middle of the night and said, big guy, give a chapter push. There is no doubt that as soon as this sentence comes out, the exchange group will definitely be cold. Because, after agreeing to a chapter push, it will leave the impression that it is easy to get the chapter push, and after that, more people will ask for chapter push, then, the end of the chapter of a book will be full of advertisements recommending other works. These advertisements are just favors, and they do not necessarily have the slightest benefit. How bad the recommended works are, readers who have read these recommended works will complain that the authors who recommend these books are not professional recommended poisonous weeds and want to poison their fans.

Lin Qi felt that officials in many regions who wanted to develop the economy in recent years were like shy and godless people who dared to push advertisements on the streets. It's okay to say one or two, but it's very difficult to ask for a bunch of people, who to give and who not to give to.

Lin Qi still expressed something, and said: "I can completely understand the idea that you want to develop a good economy. However, I am not the Ministry of Finance, and I cannot have so many resources to invest in all regions of the country on a large scale. But small-scale, inclusive support can still be had. After you go back, you can research your local superior products, and you can go to Tesco online to open a special product brand flagship store. Tesco now sells nearly 180 billion yuan of goods globally a year, and the domestic market also has a transaction scale of about 50 billion yuan last year. As long as you have a product, a physical company, or a self-employed person, you can open a store, and after opening a store, you can sell goods to all parts of the country and even the world. As long as your product is competitive, it will definitely sell very well. If local governments are willing to organize enterprises and self-employed individuals to open online stores and sell local brands and products, I can send people to the local area for free to conduct promotion training and teach how to open and operate online stores. In a county or city, as long as there are more than 10 e-commerce companies registered online stores on Tesco, our logistics department will open a warehousing and logistics supporting system in the local area. As long as the online store has an order flow, it is normal operation, and it is possible to obtain a convenient loan, at the beginning of 10,000 yuan, it is easy to borrow and repay, and it has been trustworthy to repay the money, then, you can gradually increase the credit limit to 1 million. This loan with an upper limit of 1 million yuan is an online business loan under Hang Seng's Internet loan brand, which does not require collateral and can be applied for at any time and approved in seconds. If you have 100 local companies doing well in e-commerce, then you can get a low-interest loan of 100 million. The online business loan with a ceiling of 1 million has been able to perform the contract, so if the credit is improved to a certain extent, you can sign a larger-scale loan with Hang Seng Bank, such as 5 million, 10 million or even hundreds of millions. However, at first, I didn't know if you were reliable, and I didn't dare to trust you easily, so I could only cultivate trust in each other little by little. Over time, I believe that if you are a good person, and you have a good business and the ability to perform and repay, then you will continue to give more credit support. Don't want to eat a big fat man in one bite, cooperation is from small to large, slowly growing and upgrading, just like the development of GDP, don't take shortcuts, you can't completely count on external cooperation, more to use external cooperation to slander, tap your own potential! Endogenous growth is the king!"

Although Lin Qi is known as a patriotic businessman who is known for helping the country's development, he also knows that if all parts of the country are cultivated to equate economic development with attracting investment, this is actually a crooked road.

In essence, China may not have enough capital accumulation and needs external capital to help activate its domestic economic development potential, but in essence, it is China's own development potential that is activated and developed on its own. Limited help, after that, most of the remaining asset accumulation, is created by itself.

Perhaps, to invest in some old and obsolete production lines in China, it will bring some employment opportunities and growth in the short term. But these production capacities, which will be eliminated at any time, are not very significant.

Because, soon the country will join the TO, many industries are to compete with international counterparts, the introduction of technology and process equipment eliminated by others, how do you compete with others on an equal footing?

On the contrary, opening online stores and delivering express delivery may be more promising than some low-end industries to be eliminated. At the very least, these industries are emerging and advanced, and the layout of these industries will continue to grow in the future. There is a principle in economics that economic development always develops in the direction of least resistance.

In fact, all kinds of emerging industries have the least competitors and the least resistance, so they are prone to explosive growth. The growth potential is far greater than that of the existing old industries.

More people learn to use the Internet as a tool, which is far more significant than the current investment in traditional industries. Because, foreign Internet users are also novices, just groping for the Internet. The development of the Internet industry at home and abroad is almost synchronous. Therefore, if you want to overtake in corners, you should be more encouraged and exerted in the field of this obvious new technology and new application.

Even though overheating and blowing bubbles occur during the promotion of new technologies, this is normal. In the early stage of any technological innovation, the economic bubble is very large, and even a short-term bubble collapse process will occur, resulting in certain economic losses. But on the whole, the new growth points and benefits brought by the popularization of new technologies far outweigh the losses caused by the collapse of the bubble.

Only the very traditional and conservative old industries are not easy to make mistakes, and the old industries are only repeating what others have done a long time ago, and it is difficult to complete the transformation and catch up through these old industries.

Every time a developing country becomes a developed country, it is either a resource advantage. Either that or a new round of technological and industrial revolution has been seized. For example, South Korea was poor and white in the 60s, and even South Korea in the 80s was not a developed country. However, the companies represented by Samsung have seized the wave of technology application popularization in the semiconductor and electronics industries, and have obtained a lot of opportunities from it, not only Samsung itself has broken through the bottleneck and entered the world's first-class enterprises. Moreover, South Korea has become one of the few developed countries after World War II to catch up with the success of developing countries.

Although South Korea is a small country, it can become a developed country by eating the technological dividends of a few industries, and for a large country, even if it swallows all of South Korea's advantageous industries, the output value it contributes is limited. But there is no doubt that only by constantly seizing new opportunities, in the cycle of global economic development and the popularization of new technologies, can we truly complete the change of life!

Zhou Jintao, the king of the cycle of later generations, famously said that "getting rich depends on Kangbo", and the Kangbo cycle is actually the theory of Soviet economists studying the economic and technological cycles of capitalism. The Kangbo cycle that Zhou Jintao often mentions to get rich is actually a relatively small real estate cycle. For the country, in fact, the opportunity that needs to be seized is not the real estate cycle, but the opportunity brought by the technology popularization cycle. As well as, currency exchange rate cycles, commodity price cycles, and interest rate cycles.

In the cycle of major economic activities, the cycle of new technology is actually the most life-changing! Whether it is an individual or a country, in the new technological revolution, a little opportunity can be far more than the traditional old industry to bring about the opportunity to soar!