As for the risk of underwriting this time, Guo Zhuocheng knew that it was completely zero -- there was no risk at all.

Now the world economy has entered a period of recession, the second world oil crisis that began in 1979 has not been completely eliminated, and since 1980 the US domestic economy has seen a huge fiscal deficit and a government budget deficit, and the large inflow of foreign capital has caused the US dollar to continue to appreciate, and the competitiveness of US exports has declined.

Because the United States, the engine of world economic development, is under the pressure of an economic crisis, economists are not optimistic about the economy in the next few years. This is also the reason why the investors attending the meeting today are very happy that someone has underwritten their products, but they are worried that this is the trap set by Guo Zhuocheng.

However, Guo Zhuocheng, who was reborn, knew that with the deepening of China's reform and opening up policy, the purchasing power of the poor Chinese people would surge, and in the years from 1984 to 1990, there would be several rush purchases in China.

Even in 1985, when the United States forced Japan to sign the Plaza Accord, Japan's economy entered a period of depression, and European and American countries were also in a recession, but it did not stop the Chinese people from rushing to buy.

The chemical enterprises introduced by the chemical base are mainly used to produce ethylene, and ethylene is a raw material for the production of other products, which is extremely versatile and can be used in a large number of civilian commodities.

The domestic capacity to digest ethylene and ethylene downstream products is far beyond anyone's imagination, not to mention a base. Even if there are two more bases, its products can be devoured cleanly. If it weren't for the fear that international chemical giants would occupy the Chinese market, and if it weren't for the support of local Chinese enterprises, Guo Zhuocheng would really like to introduce a few more wholly foreign-owned enterprises and build more chemical bases.

He pointed out that the underwriting plan is considered by others to be very risky, but in fact it is effortless, and there is a lot of profit margin in pure underwriting.

What others don't know is that Guo Zhuocheng is really reluctant to sell ethylene and these products made of ethylene in China, and use valuable ethylene to make civilian products. Because he has a better use, that is, to export these products to the Soviet Union, which is about to collapse, to Russia, which replaced the Soviet Union.

At that time, the Soviet Union and Russia, which were poorer than China, were a real bottomless pit. They can devour as many commodities as they want, and while making a lot of money and making their profits, they will be very grateful to you.

According to the time of the collapse of the Soviet Union, according to Russia's shock therapy, according to the poor economic situation of Russia and the thirst for goods in the previous life, Guo Zhuocheng had a golden period of underwriting for nearly 20 years, and the reason why he only underwrote for 12 years was because he did not want to take any risks, and he was worried that the Soviet Union would disintegrate ahead of schedule because China was developing faster and stronger than in the previous life. I am worried that after the early collapse of the Soviet Union, some factors will appear that I do not know and cannot grasp.

In addition to fearing the early collapse of the Soviet Union, he was also worried that if the underwriting period was expanded, it would lead to suspicion from foreign businessmen. Excessive speculation and interpretation by foreign businessmen is likely to be self-defeating.

It can be said that Guo Zhuocheng has carefully considered the underwriting for 12 years, and he began to think about it when the central authorities were preparing to transfer him to the Qionghai Administrative Office, and finally came to a conclusion after repeated arguments and trade-offs.

This period is the most secure, the least risky, the most profitable, and the most beneficial for China, and it can also calmly respond to possible accidents.

……

Because of the underwriting action of Tianhua Group, a world-famous bank with strong economic strength, these chemical companies that came to Qionghai Island to inspect the investment environment naturally had no worries, and soon they began to compete openly or secretly. The action was swift, and they all wanted to open a branch, branch and subsidiary here that would make a steady profit.

In addition to wanting to make money, the CEOs of these companies accepted the invitation of the top chief to have dinner during his visit to the United States, and also received the encouragement and support of their domestic governments.

Guo Zhuocheng didn't care about the rest, and he handed over the investment negotiations of the chemical base to Chu Xuji.

When the chemical base is in full swing to negotiate. The relevant news was also revealed to the ship base and the steel base, although the location of the steel base is not on Qionghai Island, but Guo Zhuocheng still took it as his own work and worked with the leaders of the Leizhou Peninsula to attract investment. And he is still the main general, and the leaders of the Leizhou Peninsula only cooperate with him. Although the leaders of the Leizhou Peninsula have constantly adapted to Guo Zhuocheng and others, it is still difficult for these leaders to keep up with them because of the constraints of the times, and they even want to come to a new set of eight shares in their speeches.

Tianhua Group and Chengxin Investment Bank not only underwrite and provide guarantees for chemical bases, but also provide underwriting and guarantees for ship bases and steel bases.

In fact, the underwriting and guarantee of these two bases has only one responsibility and two incomes for Tianhua Group and Chengxin Investment Bank, because the steel base itself provides steel for the ship base, as long as the ships of the ship base are underwritten, the steel of the steel base is underwritten accordingly, and even if there is excess steel, it can be quickly digested, because China's domestic demand for steel can be described as a bottomless pit.

With the deepening of reform and development, with the rapid development of China's industry, China's demand for steel has increased significantly. According to the original history, China has ushered in the peak of the first round of steel imports since 1984 because of insufficient domestic production, with annual imports exceeding 10 million tons in a row, and the import volume in 1985 was as high as 19.635 million tons, which was 42 of the 46.79 million tons of steel output in the same year.

In this life, because of the needs of military development, the demand for steel is greater, although China has also increased some steel mills for this purpose, but it has not reduced the number of steel imports, and the number of imports has increased compared with the previous life.

At present - in 1983 - China's annual steel output is 48 million, two years ahead of the previous life's 46.79 million tons in 1985, but this amount is really small compared with the previous life's 349 million tons in 2005 and 695 million tons in 2011. In 2011, China's crude steel production accounted for 45.5% of the world's total crude steel production!

Therefore, Guo Zhuocheng even wants to make the underwriting period longer, preferably 15 or even 20 years, which is more conducive to promoting the improvement of China's steel quality.

China was a big steel country in the previous life, but it was not a steel power, China's steel quality is not high, and many high-end steel products still need to be imported from abroad in large quantities. What Guo is planning to underwrite is the high-end steel that is lacking in China or cannot be produced temporarily, not the ordinary steel that ordinary steel mills can produce.

In addition, there is also an advantage of underwriting steel is the price advantage, although the price is said to be on the market, but there is still a time difference in the specific negotiations, and there is also a problem that the average price can be used, and the price difference can be used one year in advance, because Guo Zhuocheng cannot use the highest international price to underwrite.

In the previous life, due to the discrimination and suppression of Western countries, its prices were the highest price or close to the highest price, plus the transportation costs, etc., China's payment was huge. In this way, China can not only obtain large quantities of high-end steel, but also suffer less, no losses or even cheaper prices in terms of price.

The reason why Guo Zhuocheng was able to make money while making others appreciate it was naturally due to his "prophetic sense", his rebirth cheat.

When the three bases were all engaged in concrete negotiations, Guo Zhuocheng was again instructed to go to Beijing to prepare for the negotiations on the resumption of the status of a member of the General Agreement on Tariffs and Trade (GATT), that is, to discuss in advance the bottom line that China insisted on in this discussion and what concessions could be made.

The discussion was led by Cheng Yun, vice premier of the economy, assisted by Yu Gangqiu, and Guo Shucheng and a large number of other economic experts as members, working day and night. At the insistence of Guo Shucheng, everyone went all out to seize the time.

After a continuous discussion day and night, Guo Zhuocheng also felt tired. Because there are too many aspects involved in this matter, although he is a reborn, although he also served as a deputy county magistrate, county magistrate, deputy mayor, and mayor in charge of the economy in his previous life, and he has not left the economic field in this life, he still feels a little powerless, some are not at ease, and he is also a little like walking on thin ice, and he does not dare to act cautiously, for fear that there will be mistakes somewhere, for fear that China will suffer immeasurable losses because of his own negligence.

In this life, China can participate in the negotiations on the resumption of GATT, especially the negotiation of the status of a signatory party, which is unimaginable in the previous life, and can also obtain far more benefits than in the previous life, but Guo Zhuocheng still wants to gain more power and lay a more solid foundation for China's take-off.

During his breaks, Guo Zhuocheng does not like to use TV to pass the time like others, he prefers to read newspapers, half-lie on the sofa and watch the content he is interested in, and sleep when he is tired.

He is accustomed to the rich and colorful TV content of his previous life, and he is not interested in the current TV, both in terms of program content and image quality, there are many differences from his previous life, and there is still a lot of room for improvement.

In the international news, Guo Zhuocheng mainly saw two things, the first was the Soviet Union's defeat in the war in Afghanistan. As a country that opposed the Soviet invasion of Afghanistan, China's propaganda in the media was naturally about the Soviet Union's bloody mess, about the Soviet army's defeat on the battlefield and the bad things it had done to the local population. What was published were the urging, condemnation, and invincing of the Soviet Union by all countries in the world, and the mediation, statements, and statements of relevant United Nations organizations......

In short, the content of the newspaper is that the Soviet troops who invaded Afghanistan were evil, street rats that everyone shouted and beaten.

(To be continued.) You are welcome to come to the Biquge www.biquge.info to vote for recommendation and monthly passes.