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Chapter 38 How important is foreign exchange?(1/2)

 That night, after Zhao An left, Mo Ning huddled up in the lower bunk alone and cried for most of the night.

Of course she understands what Zhao An’s departure means!

This means that Teacher Mo Ningmo may have lost the best man he has ever met in his life.

Zhao An is young and promising, and at a young age he has already taken the position of factory director that others would never dare to dream of.

If we estimate based on normal life experience, the youngest person who wants to be the director of Radio Factory No. 6 has to wait until the age of 40.

In addition, Zhao An is a young talent who is regarded as unrivaled in the country.

After all, at a time when a household worth 10,000 yuan can make newspaper headlines, a genius like Zhao An can earn more than 100,000 yuan a day.

Even if you screen all the men in the country, you may not be able to find the second one, even if they are married.

In addition to career and money, Zhao An also has talents that others cannot match.

In this era of scarce entertainment, many people are still trying to find ways to exchange novels with others for reading.

Director Zhao Anzhao actually wrote an excellent work that is both tense and exciting, scary and reluctant to let go.

The theme of this work is unconventional. As a Chinese teacher, Mo Ning is also one of the management teachers of the school library.

She has a rich and extensive reading accumulation. Whether it is world famous works at home or abroad, as long as Mo Ning has access to literature, she will take the time to read it carefully.

Even the martial arts novels in the hands of the male teachers in the school, Teacher Mo would borrow them and read them.

Although it is suspected of passing time, it is not purely about appreciating literature.

But precisely because of this, Mo Ning has accumulated a considerable amount of reading.

The book she is copying now is of a type she has never seen before.

Although there are many scary stories, they are similar to the widely spread folk tales of Liaozhai, as well as many modern urban ghost stories that have been spread to the mainland from Hong Kong and Taiwan in the past two years.

But this is the first time in my life to write a tomb-robbery novel like this.

At this time, it may be an exaggeration to say that Zhao An founded a sect and created a new category and new subject matter in the classification of novels.

However, this is indeed an extremely rare subject type on the market.

Based on this alone, once this set of books is officially released, Zhao An will gain both fame and fortune, and even attract the pursuit of a large number of unmarried young women.

The reason why I am so sure is that the publication of a novel will definitely attract the pursuit of a large number of unmarried young women from all over the country.

That's because Mo Ning has seen a male teacher successfully publish an essay in a literary magazine.

In the next two months, the male teacher received hundreds of letters from all over the country.

Except for a certain proportion of gay men and a small number of rational lesbians, the rest are all love letters from lesbians, many of which are accompanied by photos.

In the six months after the essay was published, this male teacher became pen pals and exchanged letters with more than a dozen young women.

Finally, from among these dozen young women, a suitor with the most beautiful appearance, the gentlest personality, and the most elegant conversation was selected.

A small piece of prose can have such power.

At this moment, not to mention that this is almost equivalent to the novel that founded the sect.

However, even though Zhao An’s advantages are clear and treasured.

Mo Ning also had to give up this relationship, because she was burdened with the entrustments of her parents, as well as the last words and expectations that her brother had no time to leave behind.

People say that a child wants to be raised but his parents are not there.

Nowadays, Teacher Mo can no longer honor his parents and can only pass on all his parents' instructions before their death to the two children at home.

Since ancient times, it is difficult to have both loyalty and filial piety, or it can be said that you cannot have your cake and eat it too.

Teacher Mo can only choose 1 of 2 in this matter, either be selfish and choose his own love, or bear everything on his own and raise his two children alone.

After a sleepless night, Teacher Mo was completely out of sorts when he went to class the next day. But fortunately, he made no mistakes in class.

When Teacher Mo Ning finished the first class in the morning, Zhao An and the accountant had already gone to the bank with the money.

RMB 860,000 was counted from 9 a.m. to 10:30 a.m. before it was officially entered into the account.

After the money was entered into the account, the accountant immediately issued a cash check for 860,000 yuan.

Afterwards, the two people brought this check to the Administration of Foreign Exchange to apply for foreign exchange.

At this moment, two people applied in the name of the factory unit, plus documents stamped by the four machine departments.

However, even if the procedures were complete, the money was still going through the application process within the Administration of Foreign Exchange until 2 p.m.

I heard from the window clerk that the money needs to be stamped by seven or eight leaders before the money can be released.

However, thankfully, all these leaders are here today and no one is out.

At this time, if a leader is not available, today's application will be delayed.

"Hey..." From the number of stamps, Zhao An can also understand the importance of foreign exchange to the country in the early 1980s.

Now Zhao An only applies for Hong Kong dollars. If he applies for US dollars now...

Haha... It requires at least a dozen stamps, and it may not be possible to get the approval result in 2 to 3 months.

Compared with 2 to 3 months in U.S. dollars, the one-day application efficiency in Hong Kong dollars is already very good.

A long time ago, Zhao An read some unconfirmed data on the Internet.

In 1980, the country's foreign exchange was negative 1.296 billion U.S. dollars.

By 1981, foreign exchange had turned positive and reached US$2.708 billion.

By 1982, foreign exchange reserves had risen to US$6.986 billion.

At this time, if you only look at the book data, it seems to be pretty good.

But as a country with a population of 1 billion, this amount of foreign exchange is simply pitiful.

Now, during the same period, Neon Country's foreign exchange reserves in 1980 have reached 21.5 billion US dollars.

As a country with a population of 1 billion, it is in the context of a comprehensive transition to a market economy.

In order to prepare for the coming self-reliance, various industries are in urgent need of foreign exchange for industrial upgrading.

All factories are eager to obtain foreign exchange approved by superior leaders, and then use this foreign exchange to purchase technologically advanced production lines in the international market for major industrial upgrades.

Only when the industry is upgraded can it be qualified to be self-reliant in the waves of market economy in the future.

Once factories are separated from the order assignments of superior leaders, if they do not have advanced technology and production lines that fit the consumer market, these factories will be destined to fail to survive in the market economy.

It is against this background that all walks of life are trying every means to secure foreign exchange.

The current situation of more wolves and less meat means that for units like the Administration of Foreign Exchange, the review of a foreign exchange transaction requires more than a dozen stamps.

Now, even for a foreign exchange application of US$10,000, it takes 2 to 3 months to get the result.

Just this year, at the construction sites in the Special Administrative Region, some construction units wanted to purchase some cement mixers for construction.

There are no similar products for these mixers in the domestic market, so these construction units urgently need to obtain tens of thousands of dollars in foreign exchange.

However, it was this foreign exchange application worth tens of thousands of dollars that made the construction company wait for more than three months.

A foreign exchange application worth tens of thousands of dollars takes three months, which is enough to show how tight foreign exchange is right now.

That is to say, in 1981, because of an important business, domestic companies almost had to compensate foreign companies US$100 million.

This is a J-7 fighter upgrade contract signed in 1978!

At that time, the country urgently needed an advanced fighter jet to cope with various complex situations.

Soon, the domestic procurement team, with urgent and urgent orders, traveled around the world and set their sights on the Mirage 2000.

Although he had locked in his procurement target, when he sat down to negotiate, the other party required that domestic purchases must be made in large quantities, and a contract must be signed at the same time, and any form of imitation is not allowed.

Faced with such harsh requirements and the necessary conditions for large-volume purchases, the domestic economy simply cannot afford it.

With no choice, we could only turn to the next best thing, from purchasing an advanced fighter jet to transforming and upgrading the domestic J-7 fighter jet.

The signed contract includes a series of accessories upgrades...

Soon, with the signing of the cooperation project, Domestic paid 6 million pounds as a deposit.

However, in 1981, when it came time to pay the balance domestically, it was still unable to collect the amount that should be paid.

At this time, someone came to the flower grower with a purchasing task to discuss the purchase of military aircraft.

These people came at the right time, just at the critical moment when the balance of the payment could not be obtained in China and the partner had to apply for US$100 million in compensation.

Soon, in April 1981, the two sides signed a large purchase order for a batch of upgraded versions of 110 J-7 fighter jets.

The purchase price of this batch of J-7 fighter jets is only 10 million yuan per aircraft.

But in the early 1990s, this friend who was stuck in a hurry came to purchase military aircraft. When he purchased S-27 fighter jets, the transaction price of each one was more than 100 million yuan.

Although the upgraded version of the J-7 fighter is inferior to the S-27 fighter, the more than 10 times price difference also proves how cost-effective the contract for this batch of 110 aircraft was.

Back then, the flower grower's rabbit was stuck a little bit and it pulled out a lot of wool.

The reason for being ripped off can only be attributed to the aviation system in the final analysis, which cannot come up with 100 million US dollars in foreign exchange to compensate for the breach of the previous upgrade contract.

This incident is enough to prove how tense the use of foreign exchange was in the early 1980s.
To be continued...
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