Chapter 116 116 Property Tax

In Qi's timeline, a large part of Mr. Lee's industry is concentrated in the communications industry on Hong Kong Island, and his second son's PCCW is one of the largest telecommunications service providers in East Asia. Antong Communication began to provide wireless communication and Internet service equipment to the world for more than ten years, and Li Chaoren naturally saw the huge value brewing in it at a glance and came to contact Qi Yiming in person.

Li Chaoren sat there, looking at this young man who was definitely not yet thirty years old, and there were all kinds of questions in his heart. He got information from some special sources that this Qi Yiming is a figure with a certain degree of influence in the CPC, and it is even said that there are traces of this person in the formulation of a drastic economic reform roadmap in the mainland last year. Being able to meet the top leader and lead the country's largest defense industry group in a weak year is incomprehensible no matter how you look at it.

"Hong Kong wants to build its own wireless communication network, and we naturally welcome it. Hehe, after all, our mainland and Hong Kong are one family, and the price is negotiable. It's just that I have to say hello here, China Mobile must have been busy building a communication network in the mainland in recent years, and when it is almost done, Hong Kong has also returned, and it will definitely enter the Hong Kong market. ”

Li Chaoren said with a smile: "That's ten years later, there is still a big difference in competition from first to last, and I am not afraid of competition, we will win our customers by high-quality and considerate service." ”

Qi Yiming nodded approvingly, at least this concept is still not understood by many businessmen in the mainland now, which is also the reason why he regards the opening of professional manager training courses as a major work that is no less than the investment in technology.

The two chatted a few more words, and Li Chaoren asked a question again: "Qi Sheng, I saw that last year and this year, the infrastructure industry in the mainland is getting bigger and bigger, and many places can't keep up with the pace. ”

At this time, the economic development of the entire hinterland, especially the coastal areas, has shown a surging momentum, with high-rise buildings being laid foundations, highways being built, and tower base stations needed for various communication facilities are also ready to go on the road. At present, it is only expected that a large state-owned infrastructure company such as China Railway will never be able to meet the demand, and many private individuals are interested in this market, but lack financial and technical support.

Qi Yiming has also set up a number of construction companies affiliated to Shenghua Group in a row, and just dealing with some construction problems within the company is enough of a headache, and other industries or cities are even more troublesome.

Of course, Li Chaoren is not rich in 30 years, but he is still a business tycoon for the mainland, and Qi Yiming is still optimistic about his intention to enter the infrastructure market in the mainland.

"I support Mr. Li's ambition in principle, and it is true that the mainland needs help in the construction of these infrastructures, especially in the field of engineering technology. However, I still have a few points that need to be clarified with Mr. Li, I hope that Mr. Li will use Cheung Kong Infrastructure (China) as a business entity serving in the mainland, and operate in the form of investment or joint venture, except for important engineering and technical personnel, mainly recruit our mainland workers, and try to handle labor relations as well as possible, trade unions must exist, and the interests of workers must also be protected. Qi Yiming instructed solemnly. He didn't know if Lu Dao had been a leader for too long, and he unconsciously had a smell of arrogance, but he was just a young man, and his prestige was still a little lacking.

Li Chaoren didn't dare to slack off, the information he heard showed that this Qi Jingren was qualified to play with him, but he was a little strange, often the mainland didn't care about things like protecting labor rights and interests, but Qi Yiming wanted to take it out and tell him alone.

Qi Yiming added: "The main form of contract is still based on labor engineering contracts, and we entrust the construction work to CKI for a project, and CKI will receive an honorarium after completion. ”

Li Chaoren's eyes rolled: "Our company can accept more flexible payment methods, such as some real estate ......"

This is the fox's tail, Qi Yiming understands that the land in China is not worth much now, and after 20 years, the land in the first- and second-tier cities will all be sky-high, and now he feels that it is very cost-effective to pay with land, and he will feel that he will lose money in the future.

Qi Yiming smiled and said: "I don't count this matter, it is mainly related to the local government, but I can tell you in advance that from next year, the state will implement a progressive real estate tax, and it is not a good thing to have too much land in your hands." ”

Li Chaoren frowned: "Isn't this a disguised suppression of real estate?" I am afraid it is not good to set restrictions on real estate in the mainland before it starts. ”

"It's better than if housing prices can't be controlled in the future, and the National People's Congress will state next year that land ownership belongs to the state, and land use rights are personal, but a real estate tax needs to be paid every year. Ordinary people's real estate is tax-free under a certain square meter, and commercial or industrial land will also be fixed according to different quantities and properties, in short, it is indeed a restriction, but we are a country that has transitioned from a planned economy to a socialist market economy, and all of a sudden it has been liberalized. ”

This real estate tax reform is completely Qi Yiming's thinking. In essence, it cancels the unflattering setting of 70 years of property ownership, but it is a great restriction for those who hoard houses. For example, private housing under 100 square meters is now exempt from property tax, and then it is taxed upwards, which is also a means to cut the rich to the rich. With the growth of the economy, this 100 square meters can be increased according to the actual situation. The real estate tax on industrial land also needs to be refined, and at this stage it is basically exempted, but after a certain point, the preferential treatment of high value-added industries will be carried out, but the polluting and overcapacity needs to be overcharged, which is also the way to adjust the industrial structure through taxation.

As for those engaged in real estate development, those who buy land in large quantities and then wait for appreciation and speculation in real estate can contain a large part of them with this weapon. If you smash the undeveloped land in your hands, the taxes alone can make you cry, and the longer you can't sell it, the more you will lose. The larger the real estate developer, the greater the pressure. This can be regarded as a disguised increase in the entry threshold for real estate, although it hurts for an existence like Li Chaoren, it may not be prohibitive, but it is difficult for those small capital to bear the risk.

In order to obtain preferential tax and land policies, real estate developers must hand over most of the pricing power, autonomy and management rights to the relevant government departments. These houses will be mainly for citizens of the middle or lower floors.

In order to avoid rent-seeking of power, this will become a key supervision area for discipline inspection commissions and auditors.

Engaging in these before commercial housing is on the road, the intention is to make the real estate industry more standardized and institutionalized. Real estate is a good thing, making money a lot and fast, but it is especially prone to bubbles. And this industry will seriously drag down the bank's capital chain, whether it is home buyers or developers, there are a large amount of cash flow frozen there, the number of currency circulation is reduced, resulting in the market's false money supply is insufficient, the central bank has to promote investment to copy sharply, and then catch up with some undisciplined countries to print green paper to engage in QE, inflation is a sure thing.

Qi Yiming came from the economics team and was very familiar with this set of things. Real estate is what a leftist economist like him fears the most and cannot give up, so it is necessary to strengthen control and regulation. Investors and home buyers can enter the real industry, but not to invest in finance, cash flow is still abundant, consumers can invest their money in the shopping market, relying on domestic consumption to drive the economy. The lessons learned in the past timeline are very clear: domestic demand is the absolute king of economic stability for those who blindly rely on investment and foreign trade to pull lameness.

Although Li Chaoren got not very favorable news, he could get the news from the political upper echelons half a year in advance, which is also a very valuable thing, and Qi Yiming may promise to introduce a few projects for him to do.

For Qi Yiming, Li Chaoren or Jacqueline are all targets of use, and they are not afraid of making money, they actually leave the social wealth to the Celestial Empire when they make money, and who makes more money is another matter. He is not afraid to rely on the huge market and space in the mainland to cultivate a few billionaires, the cake can be made bigger and bigger, and it is unrealistic to want to draw everything into his own pot.

He is willing to invest 40 million Hong Kong dollars to build a sales center for domestic cars on Hong Kong Island, although Hong Kong is small, but it also has a population of millions and good purchasing power, which is a relatively good signal for the domestic automobile industry. Li Chaoren is willing to buy thousands of domestic cars in one breath to press the goods, which is a favor in disguise. If the car sells well, you can make money yourself, and everyone will benefit after the worst.

This kind of business concept is also Qi Yiming agrees with very much, what to do only if everyone gets benefits can do it happily for a long time, if you always want to eat a unique business and engage in monopoly, it is easy to mess up good things.

After sending Li Chaoren away, Qi Yiming rushed to the import hall non-stop, and there were several businesses here that also needed to be decided by himself.