Chapter 1081 Five Trials

Liu Jun, have you started implementing this plan?

Premier Hong's simple question made Liu Jun feel more nervous. According to common sense, since Premier Hong invited his father Liu Jincai to be here, it should be good news. But Liu Jun naturally is not so shallow. At the level of Premier Hong, how can he guess with the mentality of "old man next door"?

Regardless of past and present lives, the impression that Premier Hong left in the world is selfless.

Besides, as Tai Weiqing once said, this is a matter of ownership, and it is not impossible to exaggerate it.

"Yes, Chief, Qianzhou has begun to implement this plan."

Liu Jun replied respectfully. The facts are there and cannot be "denied".

"Then tell me, why do you have this idea?"

Premier Hong asked calmly. His wise eyes swept across Liu Jun's face, which made Mayor Liu, who had always been calm, feel a little uneasy.

Today's "five-chair trial" should be the final judgment of this matter. The reason why Liu Jun dared to try something in Qianzhou is that this method of leasing financing was verified by later generations. Before Liu Jun was reborn, it had already been deployed in various provinces and cities across the country, and even a municipality directly under the central government gathered more than 1,500 leasing financing enterprises in the country. That municipality directly under the central government also raised a large amount of funds in a short period of time, with more than 100 billion yuan, and invested in the construction of the city and achieved great success.

But now, Liu Jun has started implementation almost ten years ahead of schedule!

A genius is a half-step ahead, and a madman is a one-step ahead.

Liu Jun understands this truth very well. However, it is difficult to grasp it. If he is ten years ahead, should he lead half a step or one step ahead! Naturally, Mayor Liu is not sure whether the final judgment of the senior management is whether he is a genius or a lunatic!

Liu Jun straightened his thoughts, straightened his body and replied: "The general idea has been explained in the Qianzhou Municipal Government's report. I will give a brief introduction to the leaders here... Well, the most basic idea is to buy time."

"Fight for time?"

Premier Hong asked back, and seemed to be muttering to himself.

"Yes, Prime Minister. Qianzhou suffered a major flood attack that was rare in a century last year. Although the city's dike did not break, the city's economic losses were still very heavy. According to normal procedures, it takes at least one to two years to restore the level before the flood to recover... To be honest, even if it restores to the level of productivity before the flood, I feel it is too slow and has no competitiveness. If I don't find a way, Qianzhou can only follow others, follow them step by step, and slide further and further!"

Once he began to explain his policy strategy, Liu Jun's mind became clearer. He had long thrown the slightest bit of anxiety when he first entered the door, and he seemed full of confidence.

A few officials are just right, who has never seen the top figures of storms?

The young staff member in charge of the record couldn't help but look at Liu Jun in surprise. This person is just about the same age as himself. Facing Premier Hong and other important officials of the cabinet, he did not feel embarrassed at all. As expected, he is worthy of being Vice Premier Liu's son!

"The way you think is the seller?"

Premier Hong asked, with a sarcasm.

"Reporting to the Prime Minister is not a seller's job. It is financing, turning dead money into living money. Qianzhou's total fiscal revenue in 1997 was only 730 million yuan, with a fiscal deficit of 70 million yuan, reaching 10%, and its available financial resources were basically exhausted. Qianzhou has no pillar industries, no very active industry and commerce, and its tax sources are not wide. In other words, relying solely on Qianzhou's own hematopoietic function is far from enough. Just renovating the city's highway transportation network will cost more than 4 billion yuan. Such a huge amount of money is not realistic to rely on superiors to support or bank loans or fundraising. However, Qianzhou must improve the transportation network as soon as possible, which is the most basic condition for developing the economy. Otherwise, things outside cannot be in and things inside cannot be out, and they want to ask others to invest, and they will not come."

Liu Jun talked eroticly.

When Liu Jun said the first sentence, he could clearly see the pen in the staff's hand, which trembled slightly. He directly rejected the Prime Minister's words. Mr. Liu was extremely brave!

Premier Hong refused to comment on Liu Jun's "defense" and continued to ask: "Have you considered this issue of ownership?"

"Think about it!"

Liu Jun replied without hesitation.

"This cannot be defined simply by ownership. If we look at the overall situation and from a long-term perspective, the total value of state-owned assets in Qianzhou City will not decrease, but will only gradually increase. Because the funds we obtain from financing will still be used on the construction of Qianzhou. For example, after the highway network is upgraded and transformed, the state-owned assets will increase. Although this appreciation is invisible, the benefits it brings to Qianzhou's economic construction and to the people of Qianzhou are also obvious. For example, if we sell part of state-owned assets to build high-tech industrial parks, this is a new state-owned asset. Moreover, with foreign investment in, the assets of these high-tech parks will appreciate rapidly, which means that the appreciation of state-owned assets will be realized!"

Several important officials from the cabinet communicated with each other with their eyes.

The Governor of the People's Bank of China Xiang Chuhou asked: "Comrade Liu Jun, how to implement supervision when state-owned assets participate in financial leasing?"

Liu Jun was happy. Xiang Chuhou asked specific operational questions. In fact, this should also represent Xiang Chuhou's attitude. Otherwise, in front of Premier Hong, he would not ask such technical questions. As far as Liu Jun knows, Xiang Chuhou is also one of the most trusted confidants of Premier Hong. Before Xiang Chuhou, the position of governor of the central bank was the one who served as Premier Hong himself.

"Governor Xiang, Qianzhou is also in the trial stage. Because the target is relatively single, the target amount is not very large, and the supervision is not difficult. I personally supervised it, and the evaluation of the value of state-owned assets will be carried out by the provincial and municipal expert groups. Of course, if it is promoted to various subordinate districts and counties in the future, the supervision issues will become more important. My personal opinion is still jointly supervised by the municipal government and the municipal People's Bank of China..."

He nodded slightly to Chuhou, and a smile appeared on the corners of the mouths of several important officials of the cabinet.

This guy hasn't even been recognized in the city's approach, so he thought of promoting it to all the districts and counties under his jurisdiction. He is full of confidence and believes that today's "five-chair trial" will definitely be the winner!

Premier Hong frowned and asked, "Your financial leasing is a seller who acts like this?"

Liu Jun was stunned for a moment. What does the Prime Minister mean? Will I be able to come up with a new move?

"Reporting to the Prime Minister, it is still in the exploration stage for the time being. However, I personally believe that financial leasing is a good way to solve the shortage of local government funds and small and medium-sized enterprises. It is the most practical financing method besides bank financing and listing financing..."

The Prime Minister did not answer Liu Jun's words and looked at Song Yanchang, deputy director of the Development Committee. Song Yanchang nodded and asked: "Comrade Liu Jun, regarding the financing leasing of small and medium-sized enterprises, arrears of rent have always been a big problem, a bottleneck!"

Hearing this, Liu Jun felt more at ease and replied with a smile: "Director Song, according to the development trajectory of my country's 20 years of financial leasing, rent arrears are indeed a bottleneck problem restricting the development of this model. But everything has a process of continuous maturity and improvement. According to the overall scale of my country's market economy, the penetration rate of financial leasing is less than one percent, which is simply dispensable. The leasing penetration rate in developed countries exceeds 25%, and the United States exceeds 30%. Leasing financing is already the best financing way for enterprises, especially small and medium-sized enterprises to develop rapidly. We should understand the financial leasing market from the perspective of the country's economic management system - the basic role of market allocation of resources under the guidance of macro-control."

A light flashed in Premier Hong's eyes, and he nodded slightly at Liu Jun, signaling him to continue speaking.

Liu Jun said: "Developing financial leasing is an entry point to solve the financing difficulties of small and medium-sized enterprises in my country. Just as some companies say that if you do not do technical transformation, you will not update equipment, you will "wait for death"; manufacturers say that if you do installment payments, you will "wait for death"; some banks say that if you do not lend, you will "wait for death"; and if you do lend, you will also "wait for death". This shows that there is a problem with our structure. We lack a subject - a third-party equipment investment entity. Financial leasing companies are third-party equipment investment entities. For manufacturers, financial leasing is a kind of outsourcing of credit sales; for banks, financial leasing is a new channel for allocating funds.

;For lessees, financial leasing is a financing method based on things; for capital markets and investors, financial leasing is a new investment method; for high-end customers of financial institutions, financial leasing is also a financial management channel... In fact, for banks, supporting leasing companies of professional manufacturers and using them as institutional customers to support small and medium-sized enterprises is far less costly and more controllable than doing it directly, and the risks are more controllable. In financial leasing business, banks, especially state-owned commercial banks, should play more a role of supervision and support rather than directly participating. This is also very beneficial to the diversified development of the financial market..."

Premier Hong suddenly laughed and said, "Have you discussed this matter with Qiu Qingchuan again?"

Liu Jun's face turned red and he said embarrassedly: "Yes, Chief, we have discussed it."

The article written by Qiu Qingchuan was not published in a publication, but was submitted to the Central Bank and the CCB headquarters, which elaborated in detail on the feasibility and necessity of further developing the financial leasing industry in China.

Liu Jun's words coincide with Qiu Qingchuan's report. No wonder Premier Hong asked this question.
Chapter completed!