Chapter 898: Financial Crisis
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"Feiyang, how is it, Haizhou is still adapting here, do you want me to call Ashin and them over and give you a cheer?" Tu Xiaoming said with a smile to Bao Feiyang, who was sitting next to him.
In the context of China's economic construction, local economic development indicators have become the most important indicators to measure the performance of officials, and their importance almost overrides all other considerations. If we use the two-factor theory of health care and motivation in Western management, we can simply regard economic indicators as motivational factors, and if you want to be promoted, you must have good economic achievements, while other factors can only be health care factors, as long as there are no major problems, it will not have a positive or negative impact on the promotion of individuals, and the most important thing is the economic achievements.
In this way, economic development has become the top priority in the administration of officials, and the current system of retaining officials in China allows an official to make enough proud achievements in a short term without sufficient accumulation, which is obviously not an easy task for most local officials. For example, in order to make more achievements in the performance evaluation index of economic construction, some eager officials have not only focused more energy on this aspect, but also attached great importance to the work of attracting investment, and did not hesitate to promise many preferential policies to investors who are interested in developing in the local area, and also formed a close relationship with businessmen.
It is often the peculiar phenomenon in the country that when an official is transferred to a field of service, a number of businessmen from a circle of close ties will soon follow, and these businessmen will come to the place where the official was newly transferred and developed in the place where the official was transferred. As far as officials are concerned, they can quickly open up the situation of economic construction at the local level by taking advantage of the energy that these businessmen can exert in the economic field; as far as businessmen are concerned, it is good to enjoy the shade with their backs to big trees and to be taken care of by familiar officials, so that they will naturally have a lot less constraints and more convenience in doing business.
This is on the positive side.
Without the help of close acquaintances with businessmen, it may be more difficult for local officials to implement their policies and see as much effect as possible, and without the help of officials, businessmen may have to endure the inefficient operation of the administrative system and even the deliberate harassment of various names.
For example, when Bao Feiyang served as the deputy county magistrate in Wanghai, it was precisely by relying on the investment of the project of Fangxia Group Paper Company that he was able to open up a new situation, and took this opportunity to leverage the integration of reed paper in Wanghai County, a project involving a number of related industries, so that the economy of Wanghai County, which has always been closed and backward in the past, ushered in a major turning point that the entire Jiangbei Province has attracted attention. Such a mutually beneficial mode of interaction between officials and businessmen is, in fact, what many officials now dream of.
But the temptation of both power and profit is too great, and it is likely that this reciprocity between officials and businessmen is not confined to this process. For example, businessmen can invest in the transformation of a state-owned enterprise that has fallen into trouble due to poor management, and the restructuring and reorganization of the company through shareholding restructure will rejuvenate the enterprise on the verge of bankruptcy, which is a win-win deal for both businessmen looking for business opportunities and state-owned enterprises in distress, but for businessmen, this approach is not always successful, and many times it is often a lot of financial resources and energy invested but will still eventually face the result of failure, and under this result, the huge investment in the enterprise is a lossSince we have had good relations and already have the support of the government authorities, it is better to do such a difficult thing than to do such a difficult thing with the effort and not necessarily to please us, it is better to simply and directly invest in the acquisition of a state-owned enterprise that is in good operating conditions and in all aspects; more, it is even more difficult to spend very little money, or even to take down a state-owned enterprise with a lot of assets as long as it does not pay under the proper control and operation, and to transfer the valuable materials, equipment, and assets in the enterprise. When the technology is sold, it can easily make a fortune when it changes hands.
In fact, it is easy to cross boundaries like this in society, and when power and business are combined, it becomes easy to make money, and those who are good at speculation certainly want to make money more easily without having to pay more risks.
Tu Xiaoming, as the general manager of Fangxia Paper Company, which has abundant assets and great development potential, proposed this proposal today, of course, not because he wanted to hitchhike in Haizhou like some other businessmen who relied on official power to make a fortune, but out of the consideration of good friends and goodwill, he really wanted to help Bao Feiyang, just as they had done in Wanghai County in the past. Fangxia Paper Company did not rely on Bao Feiyang's power in the local government to take advantage of Wanghai County because of its close relationship with Bao Feiyang, but in fact, for fear of being criticized, they made great concessions in many aspects. Of course, has always been shrewd Fangxia paper company has not suffered a loss, now Wanghai County reed paper integration of the completion of the first phase of the project, has begun to generate profits, just like a positive model of the combination of politics and business, Fangxia paper company did not seek additional benefits, and even made some sacrifices, but the local policy cooperation and good service and cooperation, reduce their internal friction in the entire preparation and production process, greatly shorten the project construction cycle and cost, in the real sense to achieve a win-win situation.
"I'm not familiar with the situation here, but if you have any good projects, you're welcome to come over. Bao Feiyang smiled and thanked Tu Xiaoming for his kindness, he was not in a hurry to let Fangxia Paper Company and Zhan Huaixin and others come to Haizhou, first, he did not want to simply copy this kind of development model that combines politics and business that is popular in many local governments; second, the actual situation in Haizhou is not the same as Wanghai County, and it is not replicable in economic development. From the local scale of Wanghai is a small city, a reed paper integration and paper industry is enough to make the past poor and backward Wanghai in the future to become its own supporting industry of the economically developed characteristics of the city, but with a good geographical conditions and economic foundation of Haizhou potential and space is obviously much larger than that, although he has not yet figured out a mature idea, but the direction of the Lingang Development Zone should definitely rely on its own advantages to develop Lingang industry, which is not a single Fangxia Paper Group and Zhan Huaixin and other such level of investment businessmen can leverageใ
Tu Xiaoming, who understood Bao Feiyang's character, heard the meaning of his words, and filled the cup in front of him with wine for Bao Feiyang, and nodded to Bao Feiyang with a smile: "That's fine, you know, now everyone doesn't have any living money on hand, the financial market in Southeast Asia is surging these days, and the people in the investment department don't know how much they have earned." โ
Bao Feiyang smiled, took the wine glass handed over by Tu Xiaoming and gently placed it on the table, but did not answer Tu Xiaoming's question. With the "lessons from the past" of the last Mexican financial crisis, and this time in the face of the Asian financial crisis that he already knew was coming, Bao Feiyang must of course make some corresponding preparations.
As early as the middle of last year, Bao Feiyang had already asked everyone to start collecting funds, and successively laid out investment companies set up overseas, of course, Bao Feiyang did not go everywhere to publicize that Southeast Asian countries were about to have a financial crisis, in fact, there are not many people who look down on the economy of Southeast Asian countries now, but the prosperity of the crisis, before seeing the facts, such remarks often cannot be recognized by everyone, so Tu Xiaoming does not know how Bao Feiyang is going to operate.
"Professional things should be handed over to professional people, so don't worry about it. Bao Feiyang said to Tu Xiaoming: "When you travel around Southeast Asia this time, the main thing is to take a look at their real economy and see if you can seize any opportunities." โ
Tu Xiaoming nodded, he didn't study this major in college, so he really didn't know much about finance, anyway, it felt quite complicated, but the real economy and business management were enough to be independent: "Okay, I know what to do, but are you really sure that the economy of Southeast Asian countries will fluctuate greatly in the near future?"
"Yes, in fact, in modern society, finance and the real economy have been closely linked, no matter who happens, the other will also be affected, so ah, this time you not only have to examine the real economy, but you can also see the huge destructive power of the financial crisis on the real economy. Bao Feiyang said with a serious expression: "However, this may also be an opportunity for us, our financial market has not yet opened, at least in the financial market, the impact will be relatively less." โ
Tu Xiaoming lowered his head and pondered for a while and said: "Okay, I have already arranged the affairs of Fangxia Paper Company, this time I am going to stay outside for a while longer, take a look more, the so-called reading thousands of books and traveling thousands of miles, I also have to work harder, otherwise I will not be able to keep up with you." โ
The economic development of Jiangbei Province in recent years has been average, not only can it not be compared with its neighboring Jiangnan Province, but it is also quite inferior to Qilu, which is relatively economically backward. In the two years that Wang Hongfeng presided over the provincial government, because the previous political layout had been constrained in many ways, there was no way to fully display his ambitions, and the central government also saw this situation, and took the opportunity of Hu Yaolin to retreat to the second line to readjust the leading body of Jiangbei Province according to the actual development needs. (The novel "All the Way to the Clouds" will have more fresh content on the official WeChat platform, and there will be 100 lottery gifts for everyone!Open WeChat now, click on the "+" sign in the upper right corner "Add Friends", search for the official account "qdread" and follow, hurry up!) R1152