Chapter 11: Unexpected
Hearing Wang Ye's question, Li Gang, who was swallowing clouds and spitting fog, nodded and explained:
"Yes, the foreign exchange earning task."
"Since the summer of the previous year, our Luqi Province has responded to the call of the central government and launched a vigorous foreign exchange creation activity involving all walks of life in the province, and the task of earning foreign exchange came into being."
"In line with the principle of 'independent and voluntary, active exploration, subjective initiative, and earning foreign exchange for the country'."
"The task of earning foreign exchange is not compulsory, but allows the state-owned factories in the province to take the initiative to choose, so the province has set up three levels of foreign exchange earning tasks, which are $10,000, $50,000, and $100,000."
"Of course, no matter how much foreign exchange is earned, even if it is one dollar, the provincial and municipal finances will issue corresponding subsidies to the corresponding foreign exchange earning units according to the proportion of foreign exchange in the market."
"It's just that if you reach these three values, there will be additional rewards."
Li Gang's voice echoed in his ears, Wang Ye unconsciously took out a red plum cigarette of his own, lit it and took a deep breath, and at the same time, countless memories related to foreign exchange creation and foreign exchange tasks surfaced.
The so-called foreign exchange is actually the US dollar, and at the national level, there is another word, called foreign exchange reserves.
But in essence, foreign exchange actually refers to an "international currency", but in these years, and for more than half a century in the future, the United States, as the world's most powerful military and economic country, their currency has become an international currency.
As an "international currency", the biggest function of foreign exchange is international trade.
To put it simply, for example, if Huaxia wants to buy goods from a foreign country, then it needs to use money to buy it, but Huaxia's own currency cannot be recognized and accepted by foreigners.
In such an international situation, the US dollar has certainly become the best choice.
However, after the currency is determined, theoretically the transaction between the two parties can be carried out normally, and then the second question arises, that is, what if Huaxia, as the buyer, does not have dollars?
After all, Huaxia prints its own RMB, and Huaxia doesn't have dollars?
There are essentially three ways to solve this problem.
The first method is to exchange the renminbi for dollars, but it is not feasible under the current international situation, because the international community does not recognize China's economy, so it is impossible to recognize China's currency.
The second way, borrowing! That is, borrowing some dollars from countries that have dollars to use, whether or not they provide collateral, but this method is also not feasible at present, because no country is willing to lend money to China.
The third way, of course, is to export commodities, pull them to the international market for sale, earn dollars from other countries, and then consume them, so naturally there will be no problem.
throughout the process.
The process by which China obtains U.S. dollars through the export of commodities is called foreign exchange creation, and these U.S. dollars are stored in a special international account, which is called Huaxia's foreign exchange reserves.
In fact.
Before the reform and opening up, there were not many commercial exchanges between China and the world, and many of the only commodities and goods exchanged were given to third world countries and regions such as Asia, Africa and Latin America in the form of support, and did not involve foreign exchange.
Therefore, before the reform and opening up, China had almost no foreign exchange reserves, only one or two hundred million US dollars.
However, with the advancement of reform and opening up, the contact and exchanges between China and the world have increased, and the demand for foreign exchange has become more and more. The domestic technology level is backward, do you need foreign exchange to buy technology and equipment from abroad?
As a result, foreign exchange became more and more insufficient, and the state proposed the matter of creating foreign exchange.
The year before last, China's foreign exchange reserves finally reached $1 billion, while last year they soared to 2.7 billion meters, but even so, it is a drop in the bucket for the foreign exchange needed in China's economic construction.
As for the "market foreign exchange ratio" mentioned by Li Gang, it is another issue.
Because China has just opened up and the market is in a dual-track economic system, the exchange ratio between RMB and US dollar is determined by the national finance department through administrative documents, which is about 1.2~1.3:1.
However, this ratio is actually not in line with the laws of the market economy, because the purchasing power gap between these two ratios is huge, and in fact, holding a dollar in your hand can be exchanged for at least 12 to 13 yuan on the black market!
And this ratio is the "market foreign exchange ratio" mentioned by Li Gang!
Come to think of it.
Wang Ye pressed the cigarette butt, looked at Li Gang in the smoke and asked with a smile:
"Director Li, I remember what you said just now."
"Either Laiyang Iron and Steel Plant will take over the task of earning foreign exchange, or they will only receive 50% of last year's subsidy, isn't this still a strong apportionment?"
Regarding Wang Ye's question, Director Li shook his head and sighed with a wry smile and said:
"What's the point?"
"Let's just say Laiyang Iron and Steel Plant, their production tasks this year are very low, and they can get 50% of the subsidy last year, all of which are soft-hearted by my old Li, if they follow the plan at the meeting of the Industrial Bureau, they are only three or four percent!"
"Moreover, even if we forcibly apportion, but how many factories in our Yuntai City can really earn foreign exchange?"
"If they don't even give them this pressure, these factories would rather drink porridge, and they will neither nor dare to think about anything to make foreign exchange, after all, according to them, the things we can produce, what iron pot plowshares, foreigners can rare?"
"Wang Ye, you may not know."
"In our Yuntai City, the unit that earned the most foreign exchange last year was the No. 3 Food Factory in Yuntai City!"
"What do you guess they sell to make foreign exchange?"
"Wild vegetables! The women of the whole factory are digging wild vegetables all over the mountains! It's the stuff we eat when we don't have food to eat, and then we sell it to the Japanese, and I heard that they like to eat it. ”
"In a whole year, we earned $70,000 in foreign exchange."
Speaking of this, Director Li looked quite excited, only to see him light another cigarette, wave his hand at Wang Ye and say:
"Don't mention these troubles, Wang Ye."
"Your factory is a pilot project for the military-to-civilian reform demarcated by the state, so our local government must cooperate."
"But the reality is such a reality, the planned production tasks, if you really have to, I will give you a little bit, combined with the equipment of your factory, it is nothing more than iron pots, farm tools, water pipes and the like."
"The key is, you still have to think of more ways from the perspective of the market economy, I really can't give you a note, you go on a business trip, go to the south to see, what Pengcheng, Yangcheng and the like, that are all at the forefront of reform and opening up in the city, to learn and learn! Learn from the experience and see what products you can work on, or if you can pull some orders or something. ”
"If you can get the experience or even pull the product order, we can advance the means of production for you."
"That's all I can do......"
With Director Li's voice, the eyes of everyone present dimmed, everyone has heard the story of Pengcheng is full of money, everyone knows that the south is opening up faster, and the economy is more developed, but if you can learn so easily, or even pull back orders, then most of the state-owned factories in the entire Luqi Province will not be almost out of production and difficult to operate!
"Director Li, we can't discuss ...... anymore"
Sitting there, let's sit there Smoking a cigarette and smoking a pot, Zhao Laohan asked, just as he finished speaking, suddenly Wang Ye coughed lightly and said:
"Director Li, we took over the foreign exchange task."
"The one for 100,000 dollars!"
As soon as these words came out, everyone in the conference room was stunned in an instant!