"You kid, you were the one who held Kim Jae-cheol, and you were the one who released him... You regard the work team as your own, and you let him go when you ask?" Qian Zongchang's face was full of displeasure.

"Teacher Qian misunderstood and released Jin Zaizhe in order to better promote the restructuring of Factory 738. Moreover, Jin Zaizhe will honestly admit the mistakes he has made over the years, recover his illegal gains over the years, and actively cooperate with the work of the working group.

…”

Chen Meng explained patiently.

Qian Zongchang is not like Xia Jianghe, who has no bottom line. But he is not pedantic either. He needs to be impressed by his righteousness.

"Boy, don't say it so nicely. In the final analysis, it's not just for you to help yourself get the 738 factory." Qian Zongchang snorted coldly.

"I don't deny this reason, but I also want to prevent the 738 factory from falling into Lin Tong's hands. Once it falls into his hands, the final fate will inevitably fall into the hands of the Fuso people, and I already have the exact information.

, after the Fuso people took over Factory 738, they planned to open a paper mill." Chen Meng admitted honestly that lying would make Qian Zongchang look down on him.

"Paper mill? Are you sure? It doesn't cost much to build a new paper mill. Fuso people don't have to go to such great lengths to acquire Factory 738..." Qian Zongchang was suspicious.

"According to my guess, there are the following reasons. First, the 738 factory building is large enough, with convenient transportation and wide surrounding coverage. It can be used after buying it, which is very convenient.

Second, Dongjiang Province is rich in forest resources, the Dongjiang River Basin in the territory has abundant rainfall, and water transportation is also developed. The location of the 738 Factory is right on the edge of the Dongjiang River, and the geographical conditions are very good.

Third, Factory 738 is the largest state-owned enterprise in Dongjiang Province. Once it is acquired by Fusang people, whether it is for political performance considerations or economic development needs, there will definitely be great policy preferences. If I were a Fusang person, I would take the opportunity to propose

Additional requirements, such as asking for land in the name of a new factory. The entire 738 Factory covers a radius of five kilometers and is located in the center of the provincial capital. The added value in the future is immeasurable..."

Chen Meng listed them one by one.

Qian Zongchang nodded frequently as he listened, "Wait a minute, if the Fusang people request land and can develop it, it wouldn't be a bad thing. At least it can form a business circle and promote economic development."

"Teacher Qian, you still don't understand. From now on, the most valuable thing in our country is not the high-tech industry, but the land." Chen Meng said.

1990s.

There is no universal awareness and view on using real estate as a pillar industry to promote economic development.

At present, the rise of manufacturing is still the main driving force.

Originally, this was a very good direction.

Unfortunately, the 1998 economic crisis also triggered an overall decline in our country's manufacturing industry and led to an economic downturn.

This resulted in widespread unemployment.

As a result, the country began to try to use real estate as the core driving force to promote rapid economic growth, thereby boosting the consumer market and promoting manufacturing.

The idea is good, but it ignores the nature of capital.

When smart capitalists find that working hard for ten years in industry is not as profitable as building a building.

Capital began to pour into real estate crazily. From that time on, housing prices in our country began to grow crazily at an annual growth rate of 20%.

The real estate market also began to expand rapidly and entered a 20-year golden period.

The prosperity of the real estate market has indeed promoted the rise of some manufacturing industries, such as cement, building materials, furniture, home appliances, etc.

It has also brought a large number of jobs and people's living standards have rapidly improved, allowing the mid-range manufacturing industry represented by automobiles, home appliances, and mobile phones to also develop rapidly.

Everything looked very good, plunging the entire society into a false sense of unprecedented prosperity. Even when the U.S. subprime mortgage crisis began to spread around the world in 2008, our country withstood the risk like a mountain.

It has become the engine of global economic growth.

Therefore, policies with real estate as the core driving force have been strengthened from top to bottom.

It wasn't until Chen Meng traveled through time in his previous life that real estate began to slowly expose various problems, and it had become a huge illusory bubble.

certainly.

Chen Meng knows the potential of real estate because he has decades of experience.

Qian Zongchang, who was born at that time, could not understand, "Boy, are you alarmist? The rise of a country cannot be separated from manufacturing. What is land worth? Land cannot create wealth or solve employment. I think you are

In order to gain access to Factory 738, he is resorting to deception."

Chen Meng really couldn't tell him clearly, so he thought for a while and said, "Teacher Qian, what I said is not nonsense. I wonder if you have heard of the real estate bubble in Fuso in 1991. A large number of banks and real estate companies were affected by this."

After the collapse, countless home buyers returned to abject poverty overnight. The bursting of the real estate bubble also triggered a wave of unemployment. A large number of unemployed people were burdened with huge housing loans. They were overwhelmed and committed suicide one after another..."

"Why don't I understand what you are saying? What the hell is the real estate bubble? Besides, what does this thing have to do with the Fuso people's acquisition of the 738 Factory?" Qian Zongchang looked confused when he heard this.

Chen Meng said "uh" before he realized that the term real estate bubble was not officially proposed by economists until the subprime mortgage crisis in the United States in 2008. People did not have this concept before.

Except for economists, few people study this phenomenon.

It is normal for Qian Zongchang not to understand, but it is sad to think about it. Qian Zongchang belongs to the elite class and he knows nothing about such a famous economic phenomenon happening in the world.

No wonder, before 1998, the role of real estate was not that prominent, except for a few officials who were aware of this and used it to improve their political performance.

Most people don't have this concept in their minds.

Chen Meng organized his language and explained, "Let's put it this way, the real estate bubble means that housing prices are very high, the vacancy rate is very high, and it has been far away from the market and personal needs... Teacher Qian doesn't need to understand it too much. You need to understand that Fuso people have experienced the changes in real estate prices.

Continued rise will bring economic vitality and economic disaster to their countries.

The current situation in our country is very similar to the great economic development of Fuso twenty years ago. Therefore, Fuso people understand that in the future, our country's real estate will enter a period of rapid growth with the development of the economy, so even if it really costs a lot,

The price to win the 738 factory is worth it to them."

"Boy, this is just your conjecture. There is no evidence to prove it." Qian Zongchang said.

"There is indeed no evidence to prove it. I hope you can believe me. In any case, my car manufacturing is better than the highly polluting paper manufacturing." Chen Meng sighed.

He could not tell Qian Zongchangming that since the 1990s, under the premise of all economic development.

Investors, whether domestic or foreign, used investment as an excuse to annex land at extremely low prices. In the end, many companies did not develop, but they made a lot of money by using the land.

Don't underestimate the acumen of capital. It has a more advanced vision than any individual or government.
Chapter completed!