Director Tang joked, "But the compensation standard is also high, much higher."
This is very difficult because the current domestic laws and regulations in this area are not yet complete, and the compensation standards set by the state have not kept up with the development of the times.
The team of lawyers sent by Yao Yuan to the families of the victims searched almost one by one, studied one by one, and connected the relevant legal provisions according to the origin of the law. Finally, they found the legal basis. Northwest Airlines was convinced, and the Civil Aviation Administration of China did not
Talk.
This is not easy, because it means that the aftermath of similar accidents in the future must be carried out in accordance with this compensation standard.
On the other hand, it is a competition with the insurance company. The current insurance company is still an insurance company, and it completely implements the insurance contract. In addition, it also gives a condolence payment, which is far from being called a competition. If it is twenty years, owning
The insurance company with its strong legal team would be in trouble if it didn't let him pay the compensation.
Yao Yuan said, "Last year's GDP exceeded 500 billion US dollars, reaching 610 billion US dollars, with a growth rate of 14%. The growth rate in 1992 was 14.2%. It is estimated that no one will doubt our economic development policy, nor will
You will doubt that China’s economy is starting to take off.”
Under the reform and opening up policy, the year when China's economy took off is generally considered to be 1992, because the growth rate in that year reached an astonishing 14.2%. From this year on, throughout the 1990s, the growth rate was above 8%.
Smiling, Yao Yuan looked at Xia Honghua and said, "With the rapid economic development, many laws and regulations have been unable to keep up. The revision of relevant legislation and laws must obviously keep up. Shenzhen Development Bank intends to enter the insurance industry.
, the first thing to provide is medical insurance and accident insurance.”
"You want to get a license again?" Xia Honghua was helpless.
Yao Yuan said, "This was agreed when we opened the bank in Russia. If the total annual profit of the four major banks' Russian branches exceeds 1 billion US dollars, the insurance license will be issued to Shenzhen Development Bank. Director, you can't keep your word, right?"
"
"You have better information than I do." Xia Honghua only received the report yesterday.
The Russian branch of Hua Xia United Bank is the vanguard, leading the four major domestic banks to deeply explore the Russian market. According to the data just compiled, the total annual profit of the four major banks in Russia has reached 1.23 billion US dollars, which has exceeded Yao Yuan's original commitment.
Yao Yuan smiled and said nothing.
Xia Honghua said, "The country keeps its word, so don't worry."
Director Tang couldn't help it anymore and asked, "Xiao Yao, what is the relationship between Shenzhen Development Bank and you?"
"A joint venture bank with the Shenzhen Municipal Government." Yao Yuan said.
Director Tang was surprised and said, "Oh my god, Xiao Yao, your business is very wide. During this period, Shenzhen Bank has been very popular. It has launched credit loans in the capital. I heard that you can get loans without any mortgage."
"Yes, it has been launched in Beijing, Tianjin, the Yangtze River Delta region, Fujian, Guangdong and other places, mainly targeting self-employed individuals and small and medium-sized private enterprises." Yao Yuan said.
Director Tang gave a thumbs up, "You are courageous."
Then he joked, "Do you have enough funds? Lend us some."
Obviously, he was asking on behalf of the five major airlines.
Yao Yuan smiled and said, "The five major airlines have too many financing channels, so there is no need for deep issuance."
Director Tang smiled and said nothing.
Even though it is one of the five major airlines, it is still not easy to borrow money from banks.
Xia Honghua helped, "Xiao Yao, Air China wants to introduce American Boeing passenger planes. You have a lot of foreign exchange. Think of a way to lend some to Air China."
Boeing airliners of this era were still reliable. A dozen years later, the U.S. Federal Transportation Safety Administration asked Boeing to inspect the factory airliners on its own. Coupled with various problems that Boeing itself had, it fell from the altar.
Since 2018, there have been many serious air crashes.
After the reform of the foreign exchange system last year, Yao Yuan's free use of foreign exchange has become wider. He is a special case. Last year's foreign exchange reserves soared to 25 billion US dollars, and the country has gone through the most difficult year.
In the past, Yao Yuan was only allowed to use foreign exchange in the introduction of advanced foreign technology and equipment. The People's Bank of China opened a special account for him. Now the People's Bank of China account is gone and has been placed in the Bank of China. Yao Yuan is the largest customer of the Bank of China, and the funds in the foreign exchange account are
Accounting for 67% of Bank of China’s total foreign exchange.
If Air China wants to introduce Boeing aircraft, it is obvious that the Huaxia currency will not work. According to the current situation of the four major banks, they can only borrow from the Bank of China. The current four major banks have a clear division of labor, and the Bank of China is mainly responsible for import and export trade.
As soon as he heard Xia Honghua's words, Yao Yuan knew that Director Tang was not joking.
He thought for a while and asked, "Can Hong Kong dollars be used?"
"Of course it's okay to use Hong Kong dollars. It's also okay to convert it into US dollars and settle with Boeing." Director Tang saw hope.
Yao Yuan asked again, "Can Air China contact Hua Xia United Bank? I'd like to say hello, but the specific matter needs to be discussed with Hua Xia United Bank."
"Hua Xia United Bank?" Director Tang didn't understand.
Xia Honghua explained, "It turned out to be a bank in Southeast Asia. Its business in Hong Kong was very good. But later it failed, so Xiao Yao bought it over. The headquarters was placed in Hong Kong. It is a Hong Kong-funded bank, but the boss is actually Xiao Yao.
It was through Hua Xia United Bank that Xiao Yao acquired most of the shares of Shenzhen Development Bank."
"So that's it!" Director Tang suddenly realized, and he was even more impressed by Yao Yuan. He asked, "If I borrow Hong Kong dollars, can I repay it with Chinese dollars?"
Xia Honghua couldn't help but laugh.
Yao Yuan suddenly became bitter and said, "Director Tang, you are not going to let me make money."
Hong Kong dollars can actually be regarded as US dollars, because Hong Kong dollars are not currencies, but bills, which can be exchanged for US dollars. Hong Kong is the financial center of Asia and one of the four major financial centers in the world. The Hong Kong dollar is very hard.
Director Tang hurriedly explained, "We are short of foreign exchange, Xiao Yao, you know this. If we can't repay it in Chinese currency, I'm afraid it will be difficult to repay it, so please help me."
"Xiao Yao, please help Director Tang." Xia Honghua said.
Yao Yuan said helplessly, "Since the two leaders have said this, if I disagree with it, I would be ignorant. Well, Air China borrowed money from Shenzhen Development Bank, Shenzhen Development Bank entrusted Huayin Aviation Leasing to purchase Boeing aircraft, and Air China borrowed money from Huayin Airlines
Lease these aircraft and convert the leases to purchases based on payment schedule."
Xia Honghua reacted very quickly. Before Director Tang could figure it out, he smiled and said, "Xiao Yao, you are going to make two kinds of money, loan interest and leasing profit."
Director Tang then reacted and frowned.
Yao Yuan said, "No, this is the most cost-effective way for Air China. If you buy it directly, you will need to invest a large amount of money, which will inevitably have an impact on the operation. The leasing method is to travel lightly, the cost is very low, and bank loans are also available.
Control it at a lower level.”
When he said this, both Xia Honghua and Director Tang were thoughtful.
They believe that Yao Yuan will not tell lies. In their opinion, Yao Yuan makes money in a very clever way and will not adopt such an obvious method of taking two levels of profits.
This is indeed the case.
The method given by Yao Yuan is the most suitable for Air China - spend less money to get the aircraft you need, and then pay slowly as you make money, and get one when you have paid enough.
Isn’t this just buying an airplane in installments?
Xia Honghua thought about it and said, "So, the early risks are all on Huayin Aviation Leasing, and everything before the introduction of the aircraft has nothing to do with Air China."
"Yes." Yao Yuan nodded.
Xia Honghua said, "Lao Tang, Xiao Yao is indeed thinking about Air China. This method is very good. Xiao Yao, you have such a long mind, you can think of any solution."
"Two years ago, Zhifu Motorcycle Factory, a subsidiary of Fangfang Machinery, cooperated with the then United Bank to launch purchase loan services. Later, this business was packaged and transferred to Shenzhen Development Bank, and now it has expanded to include Baojun Motors and BMW Motors. To put it bluntly,
It means buying a car in installments, there is no difference between buying a car in installments and buying an airplane in installments." Yao Yuan said with a smile.
Xia Honghua gave a thumbs up in admiration, "It's really yours!"
When Director Tang saw Xia Honghua, he thought this method was the most suitable, and immediately said, "I will call the leaders of Air China now and ask them to come over. Xiao Yao, what do you think?"
Director Tang was still impatient, so Yao Yuan said, "Okay, I'll ask the person in charge of United Bank and Shenzhen Development Bank to come as well."
Both sides wanted to stay in Chang'an for a while, so Yao Yuan naturally would not refuse.
Xia Honghua suggested, "Why don't we go to the capital? Anyway, we have to go back to Beijing to discuss Northwest Airlines."
Yao Yuan said, "Okay, Director Tang, I'll go to the capital to talk about it in a few days?"
"Aren't you going to the capital now?" Director Tang asked.
Yao Yuan said, "I will stay in Chang'an for a few more days."
After thinking about it, Director Tang said, "Then let's talk in Chang'an. Lao Xia, I will return to Beijing a few days later. Besides, I, the chief of staff, can't say anything about Northwest Airlines. As long as it's from your Structural Reform Commission,
matter."
The Director of the General Office of the Civil Aviation Administration of China is a member of the Standing Committee of the Party Committee of the General Administration of Civil Aviation. It is strange that he cannot speak. However, it is correct that the Restructuring Committee plays a leading role.
"Since you are so anxious, I will go back first." Xia Honghua agreed without forcing it.
One day later, all the compensation was paid into the accounts of the families of the victims, and the aftermath work came to an end. At this time, the leaders of Air China, Pan Jie from Shenzhen Development Bank, and Gao Jian from United Bank, all arrived in Chang'an with their people.
Director Tang attended the negotiations on behalf of the Civil Aviation Administration of China. The introduction of aircraft requires the approval of the Civil Aviation Administration of China, but the business operation has nothing to do with the Civil Aviation Administration of China.
In fact, it’s not that Director Tang is impatient, but that Air China is really anxious. Compared with other airlines, Air China also has to undertake transportation tasks for leaders’ visits, which is a political task above all else.
Based on this, Air China's demand for new passenger aircraft has become even more intense and urgent.