Reborn Industrial Tycoon

Chapter 74: Earn 200,000

Happiness 250 puffed out a puff of black smoke and parked in front of the bank.

Li Weidong got off his motorcycle and hurried to the bank's business hall.

The doorman sitting at the door glanced at Li Weidong and asked, "Young man, are you here to ask about the exchange rate again?"

"Yes, let's take a look at today's exchange rate of the yen. Uncle, my car is unlocked. Please help me keep an eye on it." Li Weidong said, giving the gatekeeper a cigarette, and then walked in quickly.

During this period of time, Li Weidong came to inquire about the Japanese yen exchange rate every now and then, and he became a regular customer of the bank. Not only the janitor, but also the salesperson in the bank also knew Li Weidong.

After a while, Li Weidong walked out of it with a smile on his face.

The uncle had already lit the cigarette. When he saw Li Weidong coming out with a smile, he immediately asked: "Has the yen risen again?"

"Yes, it has risen again. Now 100 yen can be exchanged for one yuan and sixty cents." Li Weidong said with a smile.

"One dollar six? Didn't you exchange it for one dollar and a half two days ago? It's only been a few days, and 100 yen can be exchanged for one more yuan!" The uncle paused for a moment, then asked: "Young man, you only have two dollars every three days.

He ran to the bank and asked about the price of yen, how many yen do you have?"

"Not much, just 2,500 yen." Li Weidong replied with a smile.

"One dollar and six times twenty-five, five, six, thirty, two, six and twelve, the total is fifteen, fifteen plus twenty-five, that's forty yuan!" the uncle blurted out.

Li Weidong was slightly startled. He didn't expect that this old man had such great arithmetic skills. He was worthy of being the janitor of the bank.

In September 1985, the Plaza Accord was signed. In the next three months, the yen appreciated wildly by 20%.

Li Weidong ran to the bank every two days just to check the Japanese yen exchange rate.

The exchange rate announced by the bank is the official exchange rate, so Li Weidong's 25 million yen can be exchanged for 400,000 yuan in foreign exchange certificates.

If you want to exchange RMB directly on the black market, this number needs to be multiplied by three. 25 million yen can be exchanged for 1.2 million RMB.

Everything was just as Li Weidong expected. He did nothing while holding Japanese yen and made a huge profit of 200,000 in three months.

In the next three years, the Japanese yen will appreciate wildly by 50%. If Li Weidong has not found a suitable project, it is also a good plan to continue to hold the Japanese yen.

Happiness 250 blew through a black whirlwind and took Li Weidong back to the freight department.

As soon as he entered the dispatch department, Luo Bing thrust a document into Li Weidong's hands.

"Xiao Li, this is a document that has just been handed down by the prefectural committee. Study it carefully. Our company will implement it in January next year," Luo Bing said.

Li Weidong took the document and glanced at the content. It was about the reform of state-owned enterprises. The reform of state-owned enterprises mainly focused on promoting the gradual socialization of the three industries of state-owned enterprises.

In the era of planned economy, whether it is a state-owned enterprise or a collective enterprise, there are more or less tertiary industries. The larger the state-owned enterprise, the larger the scale of the tertiary industry and the more complete the categories of the tertiary industry.

The reason why large state-owned enterprises can protect their employees from birth to death depends on the tertiary industry of state-owned enterprises.

For example, if employees need to take a bath, the unit will build a bathhouse; if there is no one to take care of the children at home, the unit will build a kindergarten; if the children of the unit need to go to school, the unit will build a school; if employees need medical treatment, the unit will build a kindergarten.

A hospital; when employees need to buy things, the unit builds a supply and marketing cooperative; when employees need clothes, the unit builds a clothing factory.

If this model continues to be built, the location of those super-large state-owned enterprises will be like a small city, with all walks of life available.

For example, Qinghe Transportation Company has only five to six hundred drivers, but it has thousands of employees. This is because of the existence of the tertiary industry. Employees of the tertiary industry are also formal employees of the company, and even account for the majority of the company.

In the era of planned economy, materials were relatively scarce. Many times, enterprises could not obtain the corresponding materials, so they had to do it themselves and establish tertiary industries to ensure adequate food and clothing and ensure the normal operation of the enterprise. This is understandable.

After the reform and opening up, many materials can be purchased on the market, and many inefficient tertiary industries have become a burden to enterprises.

Not only do these tertiary industries not make money, they also consume a lot of money every month. Most of the profits obtained by the enterprises are subsidized by the tertiary industries, leaving the enterprises with no money to improve technology and purchase new equipment, so they cannot improve productivity. In the end, the entire

Businesses will be brought down.

The most basic characteristics of modern enterprises are clear property rights, clear responsibilities, separation of government and enterprises, and scientific management. The existence of state-owned enterprises and three industries is obviously contrary to this.

Therefore, it has become necessary to socialize the tertiary industries of state-owned enterprises and finally realize the separation of state-owned enterprises and tertiary industries.

State-owned enterprises and tertiary industries have existed for so many years. It is obviously impossible to separate state-owned enterprises and tertiary industries at once. Allowing tertiary industries to operate independently and calculate their benefits independently has become the first step in the reform of state-owned enterprises and tertiary industries.

In 1986, the profit-to-tax reform of state-owned enterprises entered its final stage. After the profit-to-tax reform, the distribution relationship between the state and enterprises was fixed through the tax law. State-owned enterprises gradually got rid of excessive administrative intervention and became an economy that produces and operates independently and is responsible for its own profits and losses.

entity.

According to the regulations after the tax reform, state-owned enterprises need to pay corporate income tax to the state. Medium and large state-owned enterprises all pay 55% corporate income tax. Small enterprises are divided into eight grades according to their taxable income. The highest grade is also 55%, and the lowest grade is 55%.

The tax rate for this bracket is 10%.

Under this system, if state-owned enterprises and tertiary industries are accounted for in a unified manner, everyone will have to pay tax at the 55% level.

Just like a transportation company, the freight department can earn 2 million a month. It is no problem to pay income tax at the 55% level. After paying the tax, you will still have enough food and clothing.

But if the transportation company’s tertiary industry bathhouse also pays tax at the 55% level, wouldn’t it be a huge loss?

In addition, after the profit tax reform, the tax categories have become more detailed. The original industrial and commercial tax has been divided into product tax, value-added tax, business tax and salt tax, which are applicable to different industries.

For example, those companies that directly engage in production should pay product tax and value-added tax as a matter of course.

But as the tertiary industry of this enterprise, it does not produce anything. If it pays product tax and value-added tax together with the enterprise, it will lose another 100 million after rounding off.

Under such circumstances, it has become very necessary for state-owned enterprises to operate independently in the three industries, calculate their benefits independently, and pay taxes independently.

When the third industry operates independently, it will also encounter a problem, that is, it loses the protection of its backers.

In the era of planned economy, state-owned enterprises ensured harvests despite droughts and floods, which also included the tertiary industries. Employees of state-owned enterprises in tertiary industries ate from the same pot, and also guaranteed harvests during droughts and floods.

If the tertiary industry operates independently and calculates its benefits independently, the big pot of rice will become a small pot of rice. If the tertiary industry has good economic benefits, it will naturally lead to more wages and higher bonuses. If the economic benefits are not good, it will be hungry.

However, state-owned enterprises in the tertiary industry have long been accustomed to enjoying the shade under big trees. Most state-owned enterprises in the tertiary industry were unable to adapt to the fierce market competition and eventually went bankrupt.

In the wave of layoffs in state-owned enterprises, the first to be laid off are employees in the tertiary industry. Even monopoly companies such as electric power and petrochemicals cannot avoid the layoff of their employees in the tertiary industry.

In Li Weidong's memory, among the many tertiary industries of the transportation company, only four survived in the end. They were the auto repair shop, the canteen at the bus station, the school for the children of the transportation company, and the transportation hospital.

The school and hospital were respectively taken over by the education department and the health department and became public. The auto repair shop business is becoming more and more prosperous. The bus station canteen, by selling biscuits, ham, sausage and instant noodles, has become a geomantic treasure.

.

However, in Li Weidong's eyes, those bankrupt tertiary industries have a lot of potential that can be tapped, and he has already set his sights on a target.

"Next year is 2086, and the corporate contracting policy will become clear. By then I can contract the tertiary industry!"

Thinking of this, Li Weidong couldn't help but start to rejoice that he finally had the opportunity to start a business.

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