The Rise of Great Powers: Starting From Military Industry

Chapter 46 Special Approval

"Everyone, please give your opinion." Zhang Zhen, as the head of the Fifth Machine Department, looked around at the others.

This matter is not a trivial matter, and he cannot make the decision directly.

Only after reaching a consensus internally can we decide how to deal with it.

Wang Baoguo took the lead and said, "I think this is a good thing. This is a large order worth 24.67 million US dollars, which will create a precedent for our military weapons and equipment export trade."

"At the beginning of the year, the higher-ups required that no more free military aid should be provided to the outside world, and free aid should be provided instead. At the meeting last year, the higher-ups had already set the strategy of internal reform and external development, with economic construction as the center. This time, Comrade Liu Tao negotiated this order, which can be used as a pilot and exploration."

"Didn't the leader say that reform is crossing the river by feeling the stones? Making mistakes is not terrible, but not daring to make mistakes." Wang Baoguo had a clear attitude and supported Liu Tao.

After all, Liu Tao was his own man, and Wang Baoguo was also optimistic about Liu Tao. Besides, this order was correct no matter how you looked at it.

"10% of the reward, there has never been such a precedent before, is it inappropriate? After all, this involves more than 2 million US dollars." A leader frowned.

When Liu Tao was reporting, he clearly reported the need to give the other party a 10% kickback.

After all, if this kind of thing is not made clear first, there will be a lot of trouble later.

Liu Tao said, "Leader, can I interrupt for a moment?"

"Comrade Liu Tao, please speak." Zhang Zhen motioned Liu Tao to speak.

"Leaders, in the international market, it is customary to give kickbacks in arms trade. The normal ratio is 20%. As high as our neighbor India, the ratio can reach 50%." Liu Tao said: "10% kickback is not high, it is relatively low."

Think about the 21st century, India purchased 36 Rafale fighters, the amount was as high as 8.8 billion US dollars, the unit price was as high as nearly 250 million US dollars, which was 100 million US dollars more expensive than the top configuration of the US F-35B and F-35C, and Egypt purchased the Rafale at half of it.

If there is no interest transfer here, it would be really weird.

It is conceivable how high the kickbacks in arms trade are.

"This, this." The leader who was very disgusted with kickbacks felt that his three views were overturned.

"Since it is a custom, then give what should be given, there is nothing to say." Zhang Zhen said.

"Foreign exchange trading accounts are a big problem. According to regulations, Panshan Machinery Factory is not qualified, and even the Yunnan Provincial Defense Management Office is not qualified." Another leader raised a question, "If you look into it, Panshan Machinery Factory and the Yunnan Provincial Defense Management Office are not qualified to export."

Liu Tao showed helplessness.

This is the status quo of this era.

Even if he did it and got it done privately, it would not be truly legal and compliant, but a borderline.

"This is simple. Doesn't the department have an account? Now we are also short of foreign exchange." A leader said.

"Not appropriate, not appropriate!" Another leader shook his head and said, "This transaction is not suitable for us, and the account is naturally not suitable. Besides, Panshan Machinery Factory is under the jurisdiction of the Yun Province National Defense Management Office, not under our direct jurisdiction."

Wang Baoguo frowned and said, "I have a suggestion. Let's see if it works. That is to grant a special account to Panshan Machinery Factory for transactions, but Panshan Machinery Factory is not allowed to use foreign exchange at will. How about it?"

"This is feasible." Zhang Zhen nodded.

To grant a special account, you only need to strengthen supervision.

"I have a question. Can Panshan Machinery Factory complete so many orders? After all, there are still many troops on the front line waiting to change their equipment." A leader raised a question.

It is urgent for the front-line troops to change their equipment.

Although the "Red Dragon Roar" military operation has ended, it is also urgent for the troops to change their equipment. After all, fighting may break out again at any time.

Liu Tao stood up again and replied, "I think this is not a problem. Our Panshan Machinery Factory has now been coordinated by the Yunnan Provincial Defense Management Office to have technicians from other third-line factories come to Panshan Machinery Factory. Our production capacity will be further increased, and there will be no problem in completing this order."

Simply according to the original production capacity of Panshan Machinery Factory, it is naturally impossible to complete the order.

But when Liu Tao left Panshan Machinery Factory, the first batch of 100 workers had already arrived at Panshan Machinery Factory.

After Liu Tao went back, he assembled the production line, and the production capacity would naturally increase.

The meeting lasted for more than an hour, and finally reached a consensus to support Liu Tao to complete the order.

Then the Fifth Ministry of Machine Building came forward and approved a special account for Panshan Machinery Factory. In the evening, with the assistance of the foreign affairs department, the order contract was already drafted.

No. 25, Xiushui North Street.

"Mr. Al, Major Rashid, happy cooperation!" Liu Tao stretched out his hand.

"Mr. Liu Tao, happy cooperation!"

Al and Rashid shook hands with Liu Tao with smiles on their faces.

The order contract was signed and the account was also available.

In order to celebrate this cooperation, Al held a cocktail party.

When Liu Tao left Xiushui North Street, he was already slightly drunk.

At 5 p.m., the staff of Bank of China were preparing to leave work.

At this time, a large amount of US dollars was remitted into the account of Panshan Machinery Factory. The amount of US dollars remitted was so large that the Bank of China employees who had seen big scenes were shocked. What on earth did Panshan Machinery Factory do?

Since the beginning of the year, Bank of China has become a national designated foreign exchange and foreign trade bank.

The staff hurriedly reported to the leader.

"What? 12.5 million US dollars in foreign exchange has arrived?"

"Is it from Iraq?"

"To Panshan Machinery Factory? Which unit is Panshan Machinery Factory!?"

Listening to the staff's report, the leader was stunned!

He kept thinking in his head, but he couldn't figure out which unit Panshan Machinery Factory was.

In this era, there are very few state-owned units in China that can export and earn foreign exchange, and there is no doubt that they are all large state-owned units.

As for private enterprises, there are no private enterprises in this era, not even self-employed individuals.

It's either a state-owned enterprise or a collective enterprise!

After a long time, the leader finally came back to his senses.

The smile on his face couldn't stop. No matter which unit earns foreign exchange, the US dollars will be left in the bank in the end.

At present, the foreign exchange retention system is implemented, that is, brilliant enterprises are forced to settle foreign exchange after exporting and earning foreign exchange. Except for foreign-funded enterprises and some domestic enterprises, the foreign exchange income from the current accounts of enterprises and residents must be sold to designated banks. Enterprises retain foreign exchange at a certain ratio, and the rest of the foreign exchange belongs to the state.

The reason for doing this is to support the country's centralized use of foreign exchange funds and alleviate the shortage of foreign exchange funds!

There is no way, the country's foreign exchange is too little, and there are too many units that need foreign exchange.

If we don't do this, the country's foreign exchange reserves will be exhausted in a few months, or even negative.

Now the leaders want to know how much foreign exchange can be sold to the bank, preferably 100%!

What the bank lacks is foreign exchange, not RMB!

He picked up the phone and started to check Panshan Machinery Factory.

Chapter 46/1379
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The Rise of Great Powers: Starting From Military IndustryCh.46/1379 [3.34%]