Chapter 1572 Bank Funds
Wang Rongmin is this note, for any place, if you want to develop, the initial must be capital, without a sufficient amount of funds, development can not continue at all, in the era of industrialization, the capital is only a part, has not reached the level of the later generations, are some families or the children of the family to take out the experiment, this money in their family, is not dominant, desperate is not nothing, but very little. Pen "Fun" Pavilion www.biquge.info
Similar to the situation in Central South Province, even if the rare benefit of the Kra Canal in Central South Province was used to the extreme by Wang Rongmin, but in order to quickly promote the development of Central South Province, the funds needed are astronomical, otherwise, for Central South Province, there is only one choice, that is, to wait for the Kra Canal to be completed, plus some initial investment in steel and petrochemicals, and slowly accumulate, it will take at least ten or even twenty years.
Whether it is oil, or transportation, or steel manufacturing, are projects with a fairly high rate of return on funds, in a sense, it may take three or four years to recover the cost, and then begin to expand growth, just as Yang Yuanzhao did in Baotou back then, in a short period of time, occupy a large number of markets, promote the multiplication of the economy, for anyone, will choose such a method, safe and safe, without any danger, the only thing that needs to wait is time.
Wang Rongmin can wait for ten years, but it is impossible to wait for twenty years, his age is quite delicate, after 20 years, it will be 60, if you can't go further, the time to wait for him is not much, China is different from feudal society, the land is too big, and things are complicated, under Yang Yuanzhao's suggestion, the future head of state, can not be more than 75 years old, so as to ensure that the highest leader, have a clear mind, such a limit, for China's current, absolute young Zhuang faction, is not a problem, the leaders of some provinces, is even only in his 30s, but for Wang Rongmin, who has reached the age of 39, it is quite delicate, as long as the time delayed in Central South Province is more than 10 years, it will directly reduce the possibility of him reaching the top, which Wang Rongmin is unwilling.
In order to be able to take that step, he must fight, use as much as possible to absorb funds, and even begin to pay attention to the bank, based on the Kra Canal, to make the plate of the entire Central South Province bigger, an investment of more than 11 billion, the total investment of supporting projects may exceed 18 billion, how big is the driving force for Central South Province, but before it succeeds, even with the central supporting facilities is only 7 billion, most of which will fall on the premise of transportation and the Kra Canal itself, Who dares to throw 18 billion on petrochemical projects at once.
Adventure is risk, sequelae also have sequelae, but in the end Wang Rongmin won the bet, under his efforts, there are all kinds of coincidences, it really succeeded, the previous plan, brought is the capital and some hot money, bank funds, can be regarded as the Dinghai Shen needle, as the governor, from his channels, the most affected is only personal funds, and some family and speculators' funds, when a large number of bank groups are finally injected, the development of the entire Central South Province no longer has any obstruction, investment of 10 billion, The annual capital growth of 30%-50% and the capital growth of 40 billion yuan and 20% of the investment are completely two concepts, and the plate of Central and Southern Province was suddenly made bigger in 1916.
In Wang Rongmin's hands, there is a table, in which the record is the most large enterprises and banks, there are almost no large enterprises in Central South Province, the only thing that can be called large-scale is only the railway project, the Central South Railway Bureau is the most profitable and largest large state-owned enterprise in Central South Province, which is hung under the Central Ministry of Railways, as for the bank in Central South Province Before 1916, there were only 31 banks in the whole province, which belonged to 4 large commercial banks, and they basically just set up branches in Bangkok, and then Phnom Penh, Vientiane, The establishment of agencies in these large cities of Hanoi to attract funds and issue loans is only a basic project.
After the news of the Kra Canal was raised, the four major commercial banks began to expand in Central South Province, basically cities above the prefecture level, there are branches, just this one, to Central South Province has added more than 600 bank outlets, the density not only caught up with the whole of China's first-class provinces, and even slightly exceeded, after all, Central South Province is a huge province with more than 1 million square kilometers of land and a total population of more than 80 million, and there are many cities of all kinds.
If it is only the 4 major commercial banks, although each of them is huge to the extreme, but there are many provinces involved, even if the central government is tilted, it is impossible to put most of the available funds into Central and South Province, and it is already good to have a little tilt, in fact, the four major commercial banks have approved a quota of 5 billion, which adds up to about 20 billion.
In China, there are not as many thousands of banks as in the United States, so terrible, but some super families, in the end, almost inevitably have to get involved in the banking industry, no bank to escort industrial enterprises, just a financing problem, will occupy most of the energy of enterprises, in many cases, high-speed development of enterprises, they in a certain situation, as long as there are funds, they can create value for funds, a bank with sufficient absorption capacity, has become an inevitable choice.
The major families controlled, as well as at least 30 local banks in addition to the four major commercial banks, have seen the opportunity of the Kara Canal, began to set up outlets in Central South Province, a large number of branches and branches appeared, Central South Province bank outlets, soon more than 1,000, in the financial field more than second-rate, with a first-class shadow.
As far as the four major commercial banks are concerned, they must set up branch offices in every place in China, because the Kra Canal has only accelerated this speed, and the other 30 or so banks, whether in terms of popularity or policy, are inferior to these commercial banks, and they cannot set up branch offices and offices in every city, county and township, which is tantamount to a great waste, and set up a branch and center in every prefecture-level city.
Just 4 large state-owned banks, it has brought 20 billion loans, and more than 30 banks, an average of almost 2 billion each, although each is not as many as the four major commercial banks, but concentrated, the number is quite huge, adding up to 60 billion, such a huge loan scale, directly landed in Central South Province, has not been released yet, but for the future, it will definitely be spent, this part of the money, as long as it is spent in Central South Province, it will inevitably make the development of Central South Province undergo earth-shaking changes.
Wang Rongmin, of course, understands all this, for the use of this money, is convinced, since there is a large number of loans, for the scale of loans, can be put to a considerable extent, after he weighed, soon, he made the decision, all the railways in Central South Province have been pledged, he pledged not all the railways, after all, these are all invested by the central government, but because of the landlord in Central South Province, plus some other factors, he has a 40% share of the entire Central South Province railway, more than 8,000 kilometers of railway, The laying of double and third lines has been completed, and 40% of the pledge is also a huge subject matter, although the development of Central and South Province is average, but there will inevitably be a large growth in the future.
This is also recognized by many banks, but for the future expectations, there are slightly different, the four major commercial banks have a big business, their estimates are slightly conservative, but some other commercial banks are much more radical. After going through many commercial banks, it finally fell to the Bank of Communications, which gave the highest premium and financing amount, and the total number of loans exceeded 3.5 billion, which was also the largest number of loans among all banks, at least 1.7 billion more than the least Industrial and Commercial Bank of China, almost doubled.
This made Wang Rongmin very satisfied, and this was almost all of the loan quota of Bank of Communications in Central South Province, which directly allowed Wang Rongmin to obtain 3.5 billion yuan. He himself is a master of playing finance, before he was just trapped in the lack of money, now 35, some new projects have been rolled out, Central South Province is in ruins, 80 million people, many are still engaged in planting, a small number of them are engaged in industry, or the transfer of production capacity from the mainland, and even some labor-intensive enterprises.
Labor-intensive enterprises, can not be said that the central and southern provinces are not developing, from the rise of the northwest to the present, labor-intensive enterprises, has gradually begun to eliminate from the country, or use some captives and the like, or in some remote, or newly attached areas, the reason is very simple, the labor cost in the mainland is too high, even if China has improved the process of these enterprises, so that the output value of a single person has increased significantly, there are some can not catch up with the rising cost of labor, these labor is invested in machinery manufacturing, precision machining, Even in the electronics and semiconductors, the value will be greater, and China has already begun the process of industrial upgrading and industrial transfer.
Before, Central South Province as a large agricultural province, with a large population, put a part of the labor force in labor-intensive enterprises, that is helpless, but now, there is a Kra Canal as the foundation, whether it is a petrochemical enterprise, or some other emerging enterprises, have a foundation for development, he will not stick to these, and even some labor-intensive enterprises that occupy too much population, he will gradually eliminate and put manpower into high value-added and high-output value industries.
There was no capital before, but now there is 3.5 billion more, he will not be icing on the cake in the petrochemical industry, but will invest in steel projects, not only ordinary steel refining, but also special steel projects, especially the latter, this is the real high value-added, high-capacity project, as for the investment, 3.5 billion basic investment, plus the support of the capital and the bank, he believes that there is no problem in winning the formula of more than 12 high-quality alloys of the Iron and Steel Research Institute. (To be continued.) )