Rebirth of the World’s Richest Man

I heard Jiang Xiaobai say that he was serving tea and water at that time, but Director Lin didn't mean to look down on him at all. Just kidding, that was in 1979 or 1980.

Then who are the people mentioned by Song Hanbin and Jiang Xiaobai? Boss Zhou, etc. They were all the top corporate figures of that era.

Let's put it this way, how awesome Jiang Xiaobai is now, how awesome Boss Zhou was back then, and his influence was even greater.

After all, the transition from a planned economy to a market economy was just beginning at that time. At that time, prices were still a dual-track system. In other words, if you can get the same piece of steel at a planned price, you can resell it at an unplanned price. go.

It was definitely a business that could make money and be soft-handed. This was also the reason why there were so many second-hand dealers in that society. There were some people who had such "notes" in their hands. It could be said that they had great magical powers and were very good at writing.

At that time, Boss Zhou was the one who wrote the note. Coupled with Shougang's influence, this status can be imagined.

Jiang Xiaobai was a small director of a state-owned glass factory. He was able to sneak into such a high-end bureau and was able to get Boss Zhou to recruit him personally. This in itself was something worth bragging about.

It's like a person who has just started a business can participate in a high-end party organized by Jiang Xiaobai, and is valued by Jiang Xiaobai at the party. He offers you to come over and be my office director. It has the same meaning for us to work together.

This in itself represents a certain meaning to a certain extent, that is, there are no people from the Oriental Society present today, otherwise, one person would definitely be thought of, and that is Teacher Ma.

Teacher Ma is also favored by Jiang Xiaobai now, and it is like reincarnation in many cases.

At the corporate gathering organized by Boss Zhou, Jiang Xiaobai was valued by Boss Zhou. Now twenty years later, Jiang Xiaobai has led Huaqing Holding Group and Huahua Bank to become Fortune 500 companies.

And now Jiang Xiaobai values ​​Teacher Ma again. In the next twenty years, there will be another inheritance process.

"Xiaobai at that time was favored by many people because of his reform of Daxing Glass Factory. Many people thought Xiaobai's idea was very interesting and had great potential, but no one expected that now twenty years later, Xiaobai Now it has actually taken up the banner of domestic private enterprises, and now private enterprises account for such a large proportion of the domestic economy."

Song Hanbin said with some emotion. Private enterprises developed step by step from scratch. They initially accounted for 1% to 2% of economic activities until 1985.

State-owned enterprises and collective enterprises still account for the majority, while private enterprises account for only about 3%.

But today, in the last year of this century, the proportion of the private economy has almost reached half.

This growth rate is too scary. Song Hanbin cannot even imagine the development in the next twenty years.

Director Lin nodded and said: "Actually, this is normal. Private enterprises, with clear property rights and effective incentives and constraints, can truly bring into play the role of price and competition mechanisms and improve resource allocation efficiency.

The transition from a planned economy to a market economy is a process of continuous improvement in total factor productivity. The development of private enterprises has played a great role in promoting economic development.

This shows that openness is correct.”

Jiang Xiaobai looked at Song Hanbin with a smile and said: "Look, Old Song, look at how good Director Lin is, don't worry about it all day long, for fear that the private economy will take away the jobs of state-owned enterprises, and the state will withdraw from the people." Progress, that is the normal law of market development, private enterprises have more vitality, and this has been proven by the market."

Song Hanbin listened with a dark look on his face. He knew that Jiang Xiaobai was targeting him about Huahua Bank's entry into the mainland market.

However, he still said with a wry smile: "I admit that private enterprises are more dynamic, but some enterprises related to people's livelihood and some involving natural monopolies still need to be in the hands of state-owned enterprises. Especially banks, which are the state's Financial security issues, if this is controlled by private companies like you.”

"How did we master it? It just introduced a competition mechanism. I think this should be a good thing. It will promote the restructuring of state-owned banks, stabilize the banking system, and show multi-faceted development of finance. Domestic It will be great if banks will have both competition objects and competitive pressure."

"However, the entry of foreign banks lacks regulatory channels, which will have a great impact on domestic banks and threaten the stability of the banking system."

"Supervision in this area can be strengthened to a certain extent, and the entry of foreign-funded banks into the country will have an effect. It can play a role model for domestic banks in terms of financial services, financial products, technology and talent training. Foreign-funded banks will Banks have extensive experience in traditional banking, and this experience will spill over through technology."

Jiang Xiaobai and Song Hanbin started chatting about the entry of foreign banks into the country, and the more they talked, the more targeted and angry they became.

Because the views of both sides are very clear, one side is absolutely supportive, while the other side is absolutely opposed.

Director Lin looked at the two people a little speechless. He was organizing a dinner for himself, and he hadn't even talked about his business yet. The two people started to quarrel.

But at this point, seeing the two people arguing with red faces, Director Lin couldn't help but feel excited and became excited.

He also came off the field and joined the battlefield.

However, Director Lin did not have a clear point of view. One moment he supported this, and the other moment he supported that.

Jiang Xiaobai is right. It is beneficial for foreign banks to enter the country and is conducive to the international operation of our banks. In addition, it can also create conditions for our banking institutions to expand overseas markets and implement international strategies.

Song Hanbin is right. The entry of foreign banks is indeed risky, and it may introduce a financial crisis. When a banking crisis occurs in a country, foreign banks tend to shrink their business significantly, which will have a certain impact on the host country's finance and economy. Factors such as disputes and financial crises may lead to the freezing of assets of multinational banks.

Jiang Xiaobai's praise is that this foreign-funded bank can improve the supervision level of domestic banks, and foreign-funded finance is good at using vague supervision laws and regulations to carry out financial innovation.

What Song Hanbin said makes sense. Foreign banks will have an impact on high-end customers and high-end businesses. In order to expand the number of peak loans, state-owned banks may generate non-performing loans.