Chapter 723
The New Year's Day Economic Work Symposium of Dongou Municipal Government is a routine program. It has basically been held once a year since the 1990s. The invitations are mainly composed of two parts, one is the boss of important private companies with about 50 net worth in the city, and the other is experts and scholars who depend on the system and leaders of the main departments of the Municipal State-owned Assets Supervision and Administration Commission and Development and Reform Commission.
So there are actually not many people coming to attend the conference today. The closer we get to hold the conference hall, the more dense the crowd becomes.
The combination of Qin Feng and Su Tang, the "No. 1 Couple in Dong'ou City" and Nan Yueqing, the richest man in Dong'ou City, naturally attracted the attention of others. Any time they met other bosses along the way, the other party would join in immediately, so they came out of the underground parking garage, and the team continued to grow. By the time they walked to the city people's auditorium, they had already reached two platoons.
Qin Feng could almost call out the names of more than half of them, some were corporate bosses he often saw in news newspapers in his previous life, and the rest were basically directors of the Outu Board of Directors.
"Xiao Qin!" Walking into the gate of the conference hall, Lin Bingyan, who had arrived one step earlier, called Qin Feng.
Everyone turned their heads and looked at it. When Nan Yueqing saw that it was Lin Bingyan, she smiled so exaggeratedly. She stepped forward and said to Lin Bingyan: "Professor Lin, are you Hu Hansan back?"
Everyone present knew that Lin Bingyan quickly joined Outu after being dismissed from public office by the municipal government, and his expression was quite funny. After all, it was really a pleasure for people outside the system to see the government being defeated so intuitively.
Lin Bingyan was still as gentle as before, smiling and shaking his head gently, and said in a soft voice: "Mr. Nan, you can't make jokes randomly, and the impact is not good."
Nan Yueqing smiled.
Qin Feng led Su Tang forward and asked Lin Bingyan hello.
Lin Bingyan nodded with a smile, then pulled Qin Feng aside, and whispered in a low voice: "Xiao Qin, the city leaders will finish their words later. If you want to ask you to speak, just say a few perfunctory words. Today, the situation is a bit wrong. All the leaders of the four teams in the city have come, so you'd better not speak."
Qin Feng said strangely: "Didn't you say that only Mayor Jiang came?"
Lin Bingyan explained in a deep voice: "What happened in Ounan County. Three companies speculated on real estate and funds were broken. The boss ran away and owed Dongou Bank 60 million yuan to the loan. A deputy president of Ouxing Ounan Branch was dismissed yesterday."
Qin Feng widened his eyes and was shocked. He only remembered that the financial crisis in Dongou City began in 2006, but he never expected that the incident of corporate loans and housing speculation would happen so early.
Lin Bingyan continued: "The city has re-studied the articles we wrote. Recently, it is planning to declare to the central government to establish a public-private joint venture local investment bank. I guess I want Outu to get the top of the tank."
Qin Feng frowned and said while thinking: "What do you mean is that the city wants to use the money of Ou Tou family to speculate on real estate projects in the city?"
"Yes." Lin Bingyan said, "Give us some policy sweetness, but want us to take the majority of risks."
Qin Feng said: "It's impossible. Outu doesn't have that much money at all now. Besides, Mr. Hou wouldn't agree, right?"
"Mr. Hou will definitely agree." Lin Bingyan said, "Mr. Hou has already taken root here. Now the Dongou Municipal Government still holds three of our major projects, Dongou Plaza, JD Logistics Base Station and Luoshan's optical materials research base. Half of the early project funds have been paid out. Now the initiative is in the hands of the Dongou Municipal Government. We have to do it even if we don't want to do it. The city wants political achievements and does not want to take risks. This explosive pack can only be carried by the bird."
Qin Feng said speechlessly: "Is the city too shameless to pass on risks so blatantly?"
Lin Bingyan smiled and said, "If you don't remove all the risk factors, how can the city be at ease to liberate productivity?"
Qin Feng continued to be speechless: "Come speculation is considered liberating productivity?"
Lin Bingyan raised his glasses and said in one sentence that Qin Feng was speechless: "In this situation, where can GDP come from if you don't speculate on real estate?"
Qin Feng took a breath of air. It is said that capitalists are shameless, but no matter how shameless they are, they cannot withstand the unpredictable routines of the government's rule makers. Listening to Lin Bingyan's words, the current development idea of Dongou City is basically like this: housing speculation is OK, the government supports it. However, the Dongou government will never take the risk of state-owned banks and local finances to wipe the financial risks caused by housing speculation. Therefore, the government's solution is to let Ou Investment invest in establishing a public-private joint investment bank,
The real estate industry in Dongou City provides most of the working capital. If Outu can hold on, then it is very good, and the economy of Dongou City will continue to flourish; if Outu collapses, then the problem is not too big. Anyway, if your family dies, you will be happy millions. Under such conditions, the GDP and urban construction tasks of Dongou City can be guaranteed. For Outu, establishing a bank is equivalent to obtaining a financial plug-in, and the opportunity is rare, but at the same time Outu must also bear the due risks for this.
So after all, the key point now is how determined Hou Juyi can make. After all, such a gambling that bets on Outu involves Hou Juyi’s current and future wealth. In terms of strategic height, it is even higher than the two operations of Outu’s acquisition of aebook and JD.com. As for project investment of this scale on Weibo, compared with this matter, it is simply a play.
It took Qin Feng nearly a minute to sort out his ideas, and then asked nonsense: "Is there any policy and legal basis for the city doing this?"
Lin Bingyan said: "I heard from colleagues from the Municipal Research Office that the relevant materials have been reported to the central government. Before the New Year, there should be a reply from the above."
Qin Feng touched his chin and said, "How come I feel like Outu is going to be forced to Liangshan by the government?"
"It's almost the same." Lin Bingyan said, "I'll grab a sheep and grab a sheep."
Qin Feng smiled and said, "Maybe Mr. Hou was angry and threw away the project here and ran away."
"Oh... the problem is here." Lin Bingyan sighed, "Isn't the board members of Outu come to discuss this matter with us under the banner of a symposium?"
Qin Feng asked back: "There is still room for negotiation for such a thing?"
"Why didn't there?" Lin Bingyan said, "Outu itself is speculating in real estate. Everyone who came here today is speculating in the past, except you. Not to mention that the city has given such a large policy to form a bank, legally absorbing deposits. If you think this kind of thing, anyone can encounter it?"
Qin Feng turned his head and looked at Nan Yueqing and the others who were chatting and laughing, and muttered in his heart: "Damn these people, aren't afraid of death... Otherwise, I'll go into the market and stir-fry them. Anyway, the sky is falling, and Mr. Hou will hold on. It's useless to stir-fry..."
Chapter completed!