Chapter 115 What Business Brings in the Fastest Money? "Ask for a Monthly Ticket"

Li Yuanhu has extraordinary passion for China's development and reform.

"China has been working hard to restore its status as a signatory to the GATT. Everyone knows that only in this way can it truly join the big cycle of global free trade, and this will be a journey of globalization with no retreat." Li Yuanhu said passionately to Fan Wubing, "Forbes also said that in this world, any accident may happen, and there are few certain things like China will rise to become an economic power one day. These things are enough to It shows that the market with the most potential for development today is the mainland market, and the most profitable industries are all in the mainland! In other words, in the words of foreigners, the region with the greatest potential for development in the next few decades will be Greater China.”

Fan Wubing also knows a lot about foreigners' judgments on China's economy. Lawrence Summers, who was the chief economist of the World Bank at the time and later served as the Secretary of the Treasury of the US government, predicted that according to the estimation of China's GNP in terms of purchasing power parity , China could overtake the United States in total output by 2014. This bold prediction naturally caused quite a shock internationally.

In the mainstream Western media, a new economic term - Greater China has also appeared. "Fortune" senior editor Luis Clara pointed out in an article that money and management experience from Taiwan and Hong Kong are turning the southern part of mainland China into an industrial engine for the whole of Asia.

On a street in southern Asia, shops selling Japanese cameras, Reebok shoes, French cognac, Motorola mobile phones and M&Ms, people flock to karaoke parlors, coffee bars with big screens at night, dimly lit dance halls are crowded Young man in tights. This is not Hong Kong, but Dongguan in Guangdong. In this place, fifty miles away from Hong Kong, there are nearly 6,000 factories invested by businessmen from Hong Kong and Taiwan, and toys, plastics and clothing for export come out continuously from here.

Luis Clara continued to analyze. As the economic boundaries between Hong Kong, Taiwan and surging southern China blur, it is becoming the fastest-growing region in the world. "Greater China" is neither a political entity nor an organized trade zone, but it is united by a common culture and a common desire for development. It integrates the technology and financial resources of Taiwan, China, the international market experience of Hong Kong, China, and the huge land, labor resources, and ambitions of mainland China.

"Greater China is a very potential economic force, and Asia is the only one that can counter Japan's power. But we must first enter the General Agreement on Tariffs and Trade. Only in this way can we truly integrate into the entire globalization process. " Li Yuanhu said to Fan Wubing with bright eyes.

Fan Wubing sneered after hearing this, although Li Yuanhu is good at wandering in various relationships. Open up the joints, but the grasp and understanding of this kind of major policy pales in comparison. If the GATT was so easy to implement, there would be no need for the government to negotiate with the Americans year after year as a political bargaining chip. The problem with the GATT is that there is a game between China and the United States. Either the east wind will overwhelm the west wind, or the west wind will overwhelm the east wind. There is no possibility of peaceful coexistence.

The price China has to pay to join the WTO is too high. In terms of the current economic situation, the consequence of direct accession is that many industries will suffer a devastating blow.

"President Fan, have you noticed the stock market?" Li Yuanhu asked suddenly.

stock market? Fan Wubing smiled. Recently, the domestic stock market is really on fire and ice.

During his southern tour, Mr. Deng said specifically about the securities industry. He believed that securities and the stock market should be resolutely open to test the waters. Mistakes can be corrected, but we must not do nothing because we are afraid of problems.

Perhaps it was inspired by this passage,

This year's stock market has been showing excitement since spring. In May, the Shanghai Stock Exchange fully liberalized stock prices. The price limit system has been implemented before, and the Shanghai Composite Index doubled within a week. The stock price of Yuyuan Mall broke through 10,000 yuan, unprecedented.

At that time, there was only one trading point in Shanghai, the Stock Exchange, and stockholders crowded the place every day, so the person in charge of the Shanghai Stock Exchange had a whim, and contracted a cultural square as big as half a football field in Shanghai as a temporary trading place. .

In Shenzhen, the stock market is hotter than ever. Stocks that no one cared about in the past few years have now become the treasures that tens of thousands of people are vying for, and the method of issuing new shares has to be implemented by lottery. The Shenzhen Stock Exchange issued the "IPO Subscription Lottery List Release Announcement". Announced the issuance of 500 million domestic public shares. Five million lottery sheets were sold, with a winning rate of 10%. Each lottery form can subscribe for 1,000 shares. Subscribers can handle relevant matters with their ID cards. One card can buy a lottery form for 100 yuan. Each subscriber can hold up to ten ID cards to buy a lottery form.

As soon as the announcement came out, the Shenzhen Post Office was immediately overwhelmed by a snowflake of ID cards. The largest express mail package contained 2,500 ID cards. At that time, Shenzhen had a permanent population of 600,000, and 1.5 million people rushed in within two days. The soft-seat train ticket from Guangzhou to Shenzhen cost more than 30 yuan, and it was sold on the black market for 200 yuan.

At that time, many people could not enter the Special Economic Zone without a border defense card, so local farmers volunteered to lead the way through the barbed wire fence for 40 yuan each.

On the day of the lottery draw, it was announced that the sale was over within two hours. Millions of people came excitedly and waited for two days and two nights, but few people bought the lottery form. Anger quickly spread throughout Shenzhen. Uncontrollable people flocked to the municipal government. All major roads in the city center were paralyzed, shops were smashed, police cars were set on fire, and the government dispatched a large number of riot police and brought in high-pressure water cannons. The first vicious event in the Chinese stock market broke out unexpectedly. In the early morning of the next day, the Shenzhen Municipal Government urgently announced that it would issue an additional 500,000 subscription application forms. The mayor gave a televised speech that night, and the situation gradually subsided.

Subsequent investigations showed that there was a collective fraud incident in the distribution of the lottery form, involving more than 4,000 people in the financial system, and many insiders believed that the fact should be much higher than this ratio. The fraud incident dealt a heavy blow to the confidence of shareholders. In the next four days, the stock markets of the two places plummeted, and the Shanghai Composite Index fell by almost half.

The unprecedented enthusiasm of millions of stockholders, the sharp rise and fall of the stock market, and even the fraud incident in Shenzhen have allowed decision-makers to see the availability of the stock market as a financial tool in the most intuitive way. At that time, the bank deposits of the people across the country had exceeded 1.3 trillion, and the central government's finances were very tight, and it was almost impossible to provide assistance to the funding needs of state-owned enterprises. The best means for state-owned enterprises that have been mired in the quagmire and the government has nothing to do and no blood to lose.

"In the past, some small local companies in Shanghai and Shenzhen were listed for financing. Now the situation has changed, and many large state-owned enterprises are going to go public." Li Yuanhu suggested to Fan Wubing, "If Mr. Fan has a lot of spare money, and If you have no place to spend, the stock market is a very good place to invest, as long as you are the banker, you can only make money without losing money.”

Fan Wubing shook his head with a smile and said, "You don't even know how much money I have. In my opinion, the mainland stock market is still a small pool and cannot withstand big troubles. In fact, I am in the U.S. stock market and the Japanese stock market. After making a lot of money, I returned to China, and now I mainly want to start a little business, do something that is beneficial to the country and the people and can make money."

After Li Yuanhu heard Fan Wubing's words, he was a little disappointed. It turned out that Fan Wubing didn't like the little money in the stock market! According to his idea, as long as he invests a few hundred million in it, and it doubles or quadruples in a year or so, isn't that a huge profit? It seems that people are really incomparable.

"Actually, if you don't want to get involved in the domestic stock market, Mr. Fan, there is another way to get the fastest money." After hesitating for a while, Li Yuanhu thought of a business that was very suitable for Fan Wubing.

"Oh, what is it?" Fan Wubing really wanted to hear Li Yuanhu's suggestion.

After thinking for a while, Li Yuanhu said to Fan Wubing, "I am a person who often pays attention to current affairs and likes to carefully consider some sensitive issues, so I noticed a phenomenon recently. It can be said that it is because of the appearance of a person who is very popular in China. Has caused a storm of acquisition of state-owned enterprises, has Mr. Fan also paid attention to this person?"

Oh, Fan Wubing knew what Li Yuanhu meant as soon as he heard it. Isn't it just a matter of Huace Company, which was established by Indonesian Chinese businessmen and foreign capital.

It should be said that Fan Wubing still has a certain understanding of this person. This person has neither management experience nor practical skills. All he needs to do is to obtain a huge profit by purchasing the company and listing it overseas. Then he quit, and the proceeds obtained are rolled into the next target enterprise, so that he can snowball his own capital into more.

But for those state-owned enterprises acquired by him, apart from the changes in the system, there is no other benefit.

Therefore, as soon as Li Yuanhu's words came out, Fan Wubing understood what he meant.

The third one was delivered, and the time has come to the middle of the month. If you already have a monthly pass that you have consumed, then please send a few to Xiaolang. *