Go back to 1990 to start a business

Chapter 179 Credit Issues

Zhang Wenkui's gun fired.

Zhao Feihu has an extra hole in his body.

But his figure was like electricity, and his two big hands were like iron pliers, snapping and breaking Zhao Wenkui's neck.

Zhang Wenkui didn't know that he was wearing a bulletproof vest.

Those guys were only checking for weapons, obviously not body armor.

Zhang Wenkui didn't even know that reality was not a movie. Even if he shot through the heart, he would not delay firing, and even fire five times in a row.

Countless well inspectors in the United States died in this way, thinking that hitting the criminals in the heart would be fine.

Takei, who had been lurking outside the dance hall for a long time, swarmed in, controlled them all, and started a large search.

In the end, twelve imitation guns of various types were obtained, more than [-] bullets, dozens of controlled knives, and hundreds of people involved were arrested.

The report received from above was that Zhao Feihu paid compensation to Zhang Wenkui on behalf of Xia Chuan, but Zhang suddenly shot Zhao from his pocket. Zhao fought back in self-defense and shot Zhang Wenkui to death with his bare hands.

All the evidence is complete, and even Zhang Wenkui's younger brother proved that Zhao Feihu did come to pay with nothing.

Zhang Wenkui, a local snake, was completely eradicated on the first day Xia Chuan arrived.

The whole city was shocked.

……

Xia Chuan and Jiang Yuhua were sitting in the private room, waiting for Wu Disheng's arrival.

As a result, Jiang Yuhua's pager vibrated. He looked down and said with a smile: "It's done."

Xia Chuan nodded: "This is normal. Qiao Si has been arrested. Zhang Wenkui is nothing. No rogue can stand up to the country. It just depends on whether he wants to move or not."

Historically, Qiao Si was the biggest gunman and gunman in the Northeast. He was arrested in August 90, but was not executed until June 91.

There was a knock on the door.

"I'm late, I'm late, I apologize."

Wu Disheng walked in with a smile on his face. He looked to be in his 50s, thin and tall. He was wearing a military coat, but he couldn't hide his bookishness.

And next to him was a middle-aged man in his 50s or [-]s, who was obviously not a secretary.

Wear a suit in such a cold weather, unless you are a southerner who has just arrived.

Xia Chuan and Jiang Yuhua stood up to greet each other with smiles.

"Let me introduce to you, this is Mr. Jin Qianli, a Taiwanese compatriot."

Xia Chuan shook hands and said with a smile: "Mr. Jin should be an official."

Wu Dickson would not receive someone without identity, let alone bring him over for his first meal. Something must be wrong.

"That's right. I am a congressman, but I was born in Fengshi. I went to Wanwan in 45 and returned to the mainland once in 88. This is the second time. Moreover, I have read the book you wrote, and I am honored. I know you." Jin Qianli smiled brightly.

Xia Chuan said with a smile: "The Law on the Protection of Rights and Interests of Returned Overseas Chinese was just announced on New Year's Day, and Mr. Jin came to Fengshi right after. If I guessed correctly, Mr. Jin is planning to invest in Fengshi?"

Wu Disheng said first: "Yes, why don't I bring him to get to know you, and don't ask for the consulting fee."

Jin Qianli quickly said politely: "There are still rules, especially since I am not familiar with the mainland. With an expert like Mr. Xia in charge, I think we will avoid many detours."

How could Xia Chuan not understand what Wu Disheng meant? Taiwanese businessmen have been investing in the mainland since 87, but they have never invested in Fengshi. Therefore, Jin Qianli's investment is of great significance. If he succeeds, it will be a good example for what will follow. Taiwanese businessmen came one after another.

Wu Disheng fully supported Xia Chuan and provided his company address for free. It was not without conditions, so he should do his best.

Therefore, Xia Chuan said with a smile: "Mr. Jin, you don't have to be polite. You can talk about your invitation to Chu over a meal. Let's chat while eating..."

The two parties sat down, and the food and wine were served like water.

Jin Qianli expressed his thoughts. He majored in civil engineering, so he wanted to do real estate, but he was not sure what type of real estate would be needed for the market.

Xia Chuan was so familiar with this that no one else knew what the next card was, but he could see all the cards clearly.

He immediately planned an Asian business center project, which of course required Wu Dickson's support, which was to develop a "European-style street" with the Yamao Building as the leader, focusing on creating key blocks with European style such as coffee, Western pastries, red wine, and Western food. .

Wu Disheng was shocked by Xia Chuan's huge and advanced idea. This was not planned for Jin Qianli alone, but for the entire Fengcheng City.

Jin Qianli was pleasantly surprised. This project was much better than building a building alone. It tied them together and they had to cooperate and support each other to achieve a win-win situation.

Wu Disheng felt that it was a waste to let Xia Chuan do business planning, so he asked a big question:

"Xia Chuan, how did you say "triangular debt" was formed? How to solve it?"

Xia Chuan smiled slightly:

"In the early 80s, reforms opened up the market, but the leaders of state-owned enterprises did not understand the market economy, were bureaucratic, and acted arbitrarily. Due to the influence of political governance and interpersonal relationships, they made rash decisions, which led to serious duplication of construction, single products, disorderly competition, and backlogs throughout the country. unsalable.

Then, business credit became legal.

Changed the commodity trading rules of "pay with one hand and deliver with the other hand".Enterprises seek credit sales and default on each other, forming a triangular debt.

Huge debts prevent companies from applying for loans from banks.More and more companies are trapped in debt. Each company is neither willing to repay its debts nor its claims can be paid off.

The factory director or manager began to become corrupt and degenerate. For paper profits, he sold to companies that had no ability to pay, and there was no concept of cash flow at all.

As a result, the triangular debt has become more and more serious, and the interlocking industrial chain has become a debt chain that loses all. As long as one link breaks, the entire industrial chain will collapse, and even lead to economic depression.

To solve the triangular debt, it is very simple, marketization and legalization.

In fact, the process of reform is the process of 'marketization and legalization'.

It's just that we haven't completely changed it.

Needless to say, marketization is not what we call marketization now. The state can intervene in companies at any time and even guarantee and endorse companies. It can be said that marketization has just sprouted and is at best on the road to marketization.

Legalization includes the establishment of a credit system.

But we don't have that now.

The credit system is lacking, there is no personal credit rating, there is no corporate credit rating, and the three international rating agencies Moody's, Standard & Poor's, and Fitch are not allowed to operate in China, and we ourselves cannot be objective and impartial.Even if a rating agency is established in the future, it will be a joke. Whoever gives the money will be the most senior. In the end, they will all be the most senior. If it is recognized internationally, it will make people laugh.

The financial supervision system is lacking.

Just like traffic rules, without the constraints of red lights, there is no freedom of green lights.

Among the corporate restraint mechanisms, financial supervision is of particular importance.But our state-owned enterprise financial personnel, the old systems of "big pot rice", "iron rice bowl" and "factory director responsibility system" make them lack a basic sense of responsibility. They cannot resist or dare to resist those who do not act according to the financial system.

The financial staff can only focus on immediate profits and take responsibility for the factory director in front of them. As a result, public funds for food, drinks, and public travel are rampant. The company has even become the factory director’s personal cash machine, and he has to reimburse himself for going out for prostitution. So why should he repay the debt? Woolen cloth?

The last one is that the breach of contract penalty system does not... Well, with such a low breach of contract cost, what can I say?Since nothing can be done to me if I don’t pay it back, why should I pay it back? "

Wu Disheng's eyes shone brightly when he heard this. No one had ever analyzed the issue of triangular debt so thoroughly, but Xia Chuan did it casually.

Jin Qianli also admired him greatly. He was the top consultant and expert in any country.