Chapter 1001 Shanghai's Big Move

Er Er Bing lived like a fish in water in Donghai Province. Some people felt the huge threat brought by Fan's Er Ri.

After the high-profile construction of Hengshan Port for a period of time, the leaders of Shanghai finally couldn't sit still. Taking the opportunity of Shanghai to hold a high-level tourism program and seminar, they specially asked Tong Yushan to invite Fan Wu Bing to Shanghai.

Originally, Fan Wu Bing was very comfortable here and might not have the interest to go to Shanghai to participate in the event, but now Tong Yushan is the Propaganda Minister of the Standing Committee of the Shanghai Municipal Party Committee, and he happens to be in charge of this work. Therefore, Fan Wu Bing had to consider it. After all, he was his de facto father-in-law. It was the first time he invited him to participate in the event. If he didn't go, it would be too disrespectful.

And later, Tong Xiaoyun also called and mentioned this matter, obviously hoping that Fan Wu Bing would go there.

There are not a few businesses in Shanghai every year, but there are only a few heavyweight ones. The others are basically freeloaders, in order to compete for the right to host the conference and get some benefits for their subordinates. The competition is still quite fierce, and after a county has the experience of undertaking such large-scale business talks, it will be much easier to compete for the right to host such events.

After Fan Wubing went there this time, he was invited by Tong Yushan to take several important executives to sit with several major leaders of Shanghai and talk about the development of Fan Investment Group in Shanghai. At the same time, he also analyzed some major construction projects in Shanghai to determine whether there is room for cooperation between the two sides?

But to be honest. Fan Wubing is not very interested in developing in Shanghai. Shanghai itself is a mixed bag. Since Hong Kong's status as an international trade port has been declining, the domestic development of Pudong has set off a wave, and Shanghai's status as an international financial center has been continuously strengthened. In a sense, its importance has even surpassed several other old international financial centers and has become an important stronghold for the world's financial capital to rush to land.

It is precisely because the situation here is too chaotic that Fan Wubing feels a little difficult to deal with. Once something unexpected happens, it is not easy for him to figure out who is behind the instigation. This is a very unfavorable condition.

As the saying goes, people are afraid of being famous and pigs are afraid of being fat. The scale of Fan Investment Group is too big now, and the target is too big. The possibility of being plotted against is also very high. If it were not for his strong financial power and the fact that he had supported his father Fan Heng to a state-level leadership position, he would not be able to deal with so many heroes who were eyeing Fan.

With Tong Yushan as his companion. In addition, the leaders of Shanghai have many interests in Fan, so everyone talked relatively harmoniously.

From the content of the conversation, Fan Wubing felt that the Shanghai Municipal Government still had some complaints about the current central financial policy, especially the reform of the tax-sharing system, which made local governments feel that the financial pressure was increasing.

As far as the current debt problem in China is concerned, after the tax-sharing system reform, the central finances are absolutely fine, but the local debt problem has gradually begun to show some clues.

What is the total amount of local debt? Due to the opaque disclosure system, it is difficult to obtain very accurate data, but according to the calculations of Fan Wubing's subordinates, it should not be a small number, at least it is moving towards the goal of a trillion scale.

There are two main reasons why local debt has grown so fast in the short term. The first is that after the central government opened up the real estate market, local governments began to form the habit of selling land to make money. With land, they can get a lot of money from banks and obtain huge fiscal revenue. In other words, land finance gives local governments a confidence to borrow. Banks and developers are not afraid that local governments will default on their debts. Even if they borrow money to get by, they still have no restraint.

The second is that after the tax-sharing reform, the central government's financial strength has been strengthened, but the local government's financial strength has been weakened.

For example, the central government takes 75% of the value-added tax of one dollar, leaving only 25% for the local government, and the local government has to bear the heavy responsibility of economic development. In addition, local officials pursue short-term growth as the basis of their political achievements, and the official mobility system is added. The money borrowed now will be repaid by the next government, so it is not uncommon for local governments to borrow money to get by.

Therefore, local debt is getting bigger and bigger, and it is rolling more and more. Especially for township and county governments, the original fiscal revenue is very low, and the expenditure demand is very strong. These two levels of government are at the greatest risk, and the superiors are like pumps. The financial resources of each level are stronger than those of the previous level, but the financial resources of the grassroots governments are seriously weakened, which is the most serious constraint for the entire local development.

Even if the local financial resources are relatively weak, there are still many cases of corruption and benefit-seeking that cannot be covered up and frequently surface. The underground undercurrents are flowing more and more, while the financial resources on the surface are becoming more and more tricky, with increasing risks, and can even completely block the development of the economy.

For local governments that borrow from multiple sources, once the investment income of the project investment and financing platform cannot cover the cost, these hidden debts will inevitably become explicit, causing huge pressure on local finances, and even the central finance and commercial banks will have to pay for it in the end.

Moreover, if a tightening policy is chosen, the risks of local governments are likely to explode quickly.

In view of this, the State Council has issued a notice on issues related to strengthening the management of local government financing platform companies. However, this kind of rectification obviously cannot really solve the problem of local debt, because local governments must develop their economies, and the distribution of central and local fiscal revenue is distorted. As a result, these problems cannot be effectively solved and can only treat the symptoms rather than the root cause.

But it is impossible to prohibit local governments from borrowing money, because the performance of domestic officials is quantified. Local governments must develop so that local officials can at least keep their hats on. It is inevitable that local officials from all walks of life will borrow money to develop. Even if they are not allowed to borrow money to develop, they will still develop if they see the opportunity.

The deeper problem is that people everywhere also hope that their local economies will become better, especially in the context of urbanization, where large amounts of public expenditure are necessary.

But Fan was not sick. Debt from other countries is not the devil, and borrowing money when necessary is not a bad thing.

But there is a limit. Just don't go too far. Excessive measures will lead to local financial crises and public power to squeeze out the private sector, resulting in waste and monopoly.

The most critical thing right now is. The central government must give local governments more financial power, because the real bearers of economic development must be implemented by grassroots governments no matter what.

Constrained local finances can only lead to their over-reliance on government and borrowing to survive. The result of borrowing money to survive is to turn on the water pumps to pump water on a large scale.

even so. Many grassroots governments do not have the power to sell land at all, and they are severely restricted in various noble names. In fact, they are restricting local development and providing institutional support for local illegal money-making.

If this situation cannot be changed, the weakening of local strength will actually weaken local economic development, and the result will inevitably affect the development of the overall economy.

The situation in Shanghai is obviously relatively better, for no other reason than the country's major initiative to open up Pudong and the preferential support policies of the Shanghai Gang, which currently holds a dominant position.

Fan Wubing set up Fan's headquarters in Shanghai, and he also had a tendency to show his strong support for the development of Shanghai's economy, especially the development of the Pudong New Area. Now the Shanghai Municipal Government has actually encountered many problems in the development. ,The most important thing. Although the current real estate market has been liberalized, the stimulating effect on the government is not very obvious. As the entire Shanghai is engaged in large-scale construction, it is obviously not feasible without sufficient funds to support construction.

Therefore, there is a very important problem now. When Fan Wubing started construction in Hengshan Port, Shanghai felt tremendous pressure. It can be expected that in a few years, Hengshan Port and Jiang Rang will be replaced. The port will become the largest hub port in China, and some of the business originally handled at Shanghai Port will also be moved to Donghai Province due to the convenient location.

"Shanghai cannot develop without its port business." The mayor gestured to Fan Wubing and said, "Now Shanghai's natural conditions have restricted our progress, and this problem must be solved.

At the mouth of a large river, it is easy to create beautiful articles, and the loss of a boat often brings prosperity. Over the past hundred years, Shanghai has made great efforts in the Huangpu River.

Since the late 19th century, Shanghai has relied on the Huangpu River and its convenient access to the river and the sea, and its routes have radiated to the Yangtze River, coastal areas and even Southeast Asia. By the 1930s, the annual cargo volume of Shanghai Port had reached 1,400 Million tons, this number ranked seventh in the world at that time. It ranks first in Asia. The city of Shanghai relied on its excellent air transportation to become a very famous economic, trade and financial center in the Far East at that time.

Because the biggest feature of Shanghai is that it is located between the north and south of China, at the confluence of rivers and seas. Between the north and south is China's coastline. Shanghai is basically in the middle and can respond to both north and south. Its transportation is also the most convenient to the outside world. , and the confluence of rivers and seas, the Yangtze River, which is the longest river in China and the one with the largest drainage basin. area, this river meets the sea at Wuhongkou in Shanghai, so Shanghai is in such a favorable position.

Therefore, Shanghai's development to this day is actually a city that thrives on the port. Therefore, if Shanghai leaves the port, it cannot be called Shanghai.

After the reform and opening up, articles in the Huangpu River made Shanghai's development even more dizzying. After decades of development, Shanghai Port has become the largest port in the country. One of the world's most famous ports. However. It’s easy to make a fuss in the estuary, but there are also restrictions in the estuary. The Huangpu River’s water depth of about seven meters is always an insurmountable hurdle.

Since the 1990s, container transportation has become the mainstream of international shipping industry exhibitions. Ocean shipping ships have become increasingly larger, and the mainstream models are already large container ships with a draft of 15 meters. In order to adapt to this change, Shanghai has accelerated the construction of dedicated container terminals, but the newly built Waigaoqiao terminal is still limited by the water depth of the Yangtze River waterway. restricted the port.

"We in Shanghai also need to have our own deep-water port terminal!" the mayor told Fan Wu very firmly.

Fan Wubing was confused when he heard what he was saying, and couldn't help but interrupt him and asked, "Well, please forgive me, the deep-water port terminal is not said or dug out, and the geographical convenience always requires Otherwise, how can we achieve this goal?”

Toyonaga nodded and replied, "Yes, but we have found a solution to the problem!"

"Oh, please tell me." Fan Wubing was also interested in this. After all, the relationship between Shanghai Port and Hengshan Port should be one of ebb and flow. He also wanted to know how Shanghai could solve the problem of insufficient water depth. big problem.

After listening to the mayor's introduction, Fan Wubing couldn't help but have some insights, and thought that this person became serious. There really is no problem that can become a real problem.

The core issue in the construction of Shanghai International Shipping Center is to build a deep-water container hub port with a water depth of more than 15 meters. Since five years ago, the Shanghai Municipal Party Committee and Government have listed the location of the deep-water port as one of the top ten research topics. At that time, they proposed three plans: northward, eastward, and southward.

Going north to the current Baosteel area, within the Yangtze River to the Luojing area, is called the northward plan, and the second eastward plan is called the eastward plan. The eastward plan is the Waigaoqiao plan, and the eastward plan is to Pudong Waigaoqiao. . The third plan was to go south. The plan to go south was to go to Hangzhou Bay. Three plans were proposed at that time. After the three plans were reviewed, it was felt that there was no channel and dock with a water depth of 15 meters.

Since these three methods fail to meet the requirements, there is only one idea, which is to jump out of the Yangtze River Estuary and go to the open sea to find a new port site for Shanghai's deep-water port.

After going deep into the Hangzhou Bay of the Yangtze River Estuary for research and exploration. We decided that we could build a deep-water port on the Big and Little Yangshan Islands, about 30 kilometers away from Luchao Port in Nanhui, Shanghai, and jump out of the Huangpu River and Yangtze River Estuary, towards the ocean, and a new model of leapfrogging to offshore islands.

However, it is unprecedented to build a deep-water port on the vast sea. The engineering difficulty, technical difficulty, and construction experience are all issues that decision-makers must face. Just the preliminary decision-making and demonstration work of the project took five full years. It hasn't been done in years.

"According to the preliminary demonstration, the construction of a East China Sea Bridge must be started at the same time as the port is being built as a connection between the port area and the mainland. This will be my country's first true cross-sea bridge and the longest in the world. Cross-sea bridge,” the mayor said to Fan Wubing, “The Donghai Bridge in Guigezhong is 32.5 kilometers long, with a standard bridge deck width of 31.5 meters. High highway standard design with lanes and emergency stop strips.”

After Fan Wubing listened, he didn't speak for a long time.

一一 The first update of today is sent to 一一一 (to be continued)