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Chapter 734 [Asset Management Entrustment]

At the same time as the big investors were visiting, June had just entered, and the distribution of the three trillion profits harvested by Tiansheng Capital this time has also reached the stage of taking money.

All parties have completed their reckoning, and each institution has received its share of the pie.

The Guo Jia team organization accounts for more than 1.3 trillion, but about 380 billion of this is reflected in Tiansheng Capital’s finances. This money cannot be obtained in cash because Tiansheng Capital has not yet conducted the latest

Dividends.

Including taxes paid on money distributed by other institutions, the country has about 1 trillion in cash in total.

This 1 trillion also involves a rather complicated allocation, because it is allocated to the names of major Guojia teams, including Zhongyang and local governments.

Among them, those that can be directly transferred to the central government's finance account for the majority, accounting for 535 billion yuan, more than half.

In the local area, Ningzhou City took the largest piece of the rest. Ningzhou Social Security Bureau, Ningzhou State-owned Assets Office and other institutions got 130 billion yuan from this 1 trillion cake.

As for Ningzhou's local fiscal situation, it has experienced a large-scale fiscal surplus since 2018 last year. This means that there is too much money to spend.

Of course, no matter how much money you have, you can spend it all.

However, the current leaders and leadership team of Ningzhou City do not spend money indiscriminately, and basically do not spend money that should not be spent. For example, last year someone proposed to launch a maglev train project in Ningzhou.

This project was directly rejected by the top leader on the grounds that it was mostly a face-saving project. Although there was no financial pressure to bear the budget, the cost-effectiveness was too low at the current development stage of Ningzhou City, and there was no need to develop technology.

The same expenditure spent on other public transportation facilities can provide greater real transportation convenience to the entire city.

The leader is not saying that Ningzhou City will always reject maglev, but that it is not necessary at the current stage. The permanent population does not exceed 10 million. The land can be reserved and it will not be too late to do it if necessary in the future.

This year, the whole country is facing the pressure of economic downturn, but Ningzhou City can be said to be doing well without feeling too much pressure, because the family has enough food and is not panicking.

Not only is there no need to panic, as Ningzhou City’s current largest source of fiscal revenue, Tiansheng Capital’s performance has exploded this year. In other words, Ningzhou’s financial situation this year will be extremely good.

Ningzhou City's "money bag" had a surplus of more than 120 billion yuan last year, and this year's budget is still using last year's surplus. The total fiscal revenue in the first five months of this year was 258.6 billion yuan, of which tax revenue was 185.9 billion yuan.

In other words, the current actual surplus in Ningzhou City's "money bag" is more than 250 billion, plus the additional 130 billion added to the pie this time, which is about 380 billion.

Ningzhou City's financial situation can be said to be the most favorable among all cities in the country, especially under the pressure of this year's economic downturn.

The top leader always budgets carefully and does not spend money recklessly.

But this time, a surprising decision was made. It planned to allocate 300 billion yuan of surplus funds to be directly handed over to the central government for unified transfer payments to alleviate the pressure on financial operations in difficult areas across the country under the background of economic downturn.

In the words of the top leader, Ningzhou is now developing in a healthy and sound manner, with abundant finances and increasing surpluses. However, Ningzhou municipal government cannot be a miser. Money left in the treasury is dead.

The government has a high level of concern, so it is handed over to the central finance department to transfer payments.

Is there any direct opening of the situation? Maybe it will be promoted next year.

This phenomenon can only occur in this country in the world. If it were a beautiful country, it would be absolutely impossible to transfer the finances of this state to another state.

Including the additional funds handed over by Ningzhou City, the central government's fiscal revenue has increased by 835 billion yuan.

Gu Chu

At the previous meeting in March, the upper management planned to arrange the deficit rate for this year at 2.8%, 0.2 percentage points higher than last year's budget, and the deficit would be 2.76 trillion yuan.

Among them, the central government’s fiscal deficit is 1.83 trillion yuan, and the local government’s fiscal deficit is 930 billion yuan.

This year, national fiscal expenditures will exceed 23 trillion yuan, an increase of 6.5%. The central government's balanced transfer payments to local governments will increase by 10.09% to ease the pressure on fiscal operations in difficult areas and ensure that basic people's livelihood is not a problem.

This time, the central government received an additional 835 billion yuan in new revenue, with more money to spend, but the deficit rate was lowered, and the absolute deficit was directly reduced to less than 1 trillion yuan.

This is not a small amount of money, and there are so many things you can do.

But it’s annoying, everyone is staring at it, knowing that the money bag has increased by more than 800 billion, and all kinds of crying about poverty are coming again, and they all want to cut off a little bit.

It's annoying for everyone to spend a lot of money.

In the end, the decision above was that this new fiscal revenue would mainly be used to stimulate the economy, so more than half, or 450 billion, was allocated to large-scale infrastructure construction.

As economic pressure declines, major infrastructure must be mobilized. This is a way to deal with the economic downturn.

It’s an old traditional art.

Generally speaking, when large-scale infrastructure is built, money will flow into related enterprises, and then into lower-level enterprises, one level at a time, and workers at all levels will have work to do, such as construction sites, and workers will receive wages.

In turn, it will drive the consumption of the entire society in a short period of time, make the economy prosperous in the short term, and the effect of revitalizing the economy is obvious.



At the weekend, Han Qiulin went to Lu Ming's villa in person to report on the work. The matter was quite important.

"In the past two days, a large number of overseas capital institutions have contacted us privately and expressed their willingness to entrust asset management. In the Middle East alone, four major sovereign wealth funds have expressed their willingness to entrust assets, and most of them have strong intentions." Han Qiulin said.

Tiansheng Capital’s move this time shocked the world. At the same time, Datong Leader’s three consecutive pushes also frightened the world. Everyone was worried about the money in their hands. It was too unsafe. They were all trying desperately to find ways to give their own money.

Find a reliable place to stay.

Gold is certainly a good thing, but the amount of gold in the world is obviously limited and cannot carry such a large scale of wealth.

As a result, global capital has set its sights on Tiansheng Capital, and they have seen two factors.

One factor is that the sickle of Tiansheng Capital is too sharp. This time, overseas institutions that wanted to entrust Tiansheng Capital to do asset management plans were more or less directly or indirectly hit by Tiansheng when the U.S. stock market crashed and the global market collapsed.

, but nothing much to say.

If we had asked Tiansheng Capital to do the asset management plan earlier, even if we didn't make any money this time, we would have written off the losses, and we wouldn't have been hit by a knife but not eaten.

Another factor is actually basically the same as that of big investors. They turn to Tiansheng Capital for asset management plans. To a certain extent, they are betting on the big Eastern countries. After all, the current top leaders of Blue Star are becoming increasingly unreliable.

However, we were under pressure from a beautiful country, so we had to do it secretly, doing one thing on the surface and another behind the scenes.

Lu Ming also immediately paid attention to this matter, because this is very likely to be a historical opportunity for Tiansheng Capital to make another leap. Its actual influence in the global capital market will soar significantly, and it will be a staged breakthrough on the road to internationalization.




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