Reborn Tycoon Rise

"I know this." Xu Zhi nodded and said.

Huang Daohan asked: "I wonder when Mr. Xu plans to build this bridge?"

Xu Zhi said: "Of course, the sooner the better. As long as you and I have negotiated the cooperation content, we can start building the bridge immediately. And I think now that we have decided on it, the design and location of the bridge can be started now." Let’s start, so as soon as the contract is signed and the funds from both parties are received, construction can start immediately.”

Seeing that Huang Daohan seemed a little hesitant, Xu Zhi asked again: "Do you have any more questions?"

Huang Daohan smiled and said, "It's nothing. It's just that the municipal government has already finalized many financial budgets for the entire 1981 year. Now that such a big project suddenly appears, I have to discuss it with the municipal committee again."

"That's it!" Xu Zhi understood. Although Shanghai is currently the largest city in the country and an industrial capital, and its fiscal revenue ranks first in the country every year, compared with other provinces, Shanghai in the 1980s will have a large number of All fiscal revenue is handed over to the central government.

For example, in 1980, the Shanghai Municipal Government's fiscal revenue was 16 billion yuan, and it retained 2.77 billion yuan for itself, which was only about 17% of the fiscal revenue. In the same year, Beijing's fiscal revenue was 4.56 billion, with a retention rate of 2.722 billion, and a retention rate of 59%. It was not until 1985 that the central government increased Shanghai's retention rate to 25%, but it was only half of that of the capital city.

Other provinces are even more exaggerated, such as eastern Guangdong Province. Due to the economic dividends brought by the three-to-one supplement model, from 1980, the central government ordered the eastern province of Guangdong to increase its annual fiscal revenue by 10%. However, by 1988, it was almost the same as the previous year. Eastern Guangdong Province, which has a similar industrial production scale to Shanghai, has handed over a total of 1.5 billion yuan, which is less than a fraction of that of Shanghai.

This is why all the good projects from the central government were placed in Shanghai. The Baosteel project, SAIC-Volkswagen and later the Pudong development were all rewards given to Shanghai.

But that is also the future. Now in 1981, the entire Shanghai Municipality has only 2.7 billion yuan in available funds. However, to support the operation of the entire Shanghai Municipality administrative system and to be responsible for various basic livelihood constructions, there is often a shortage of funds.

For example, in recent times, the Shanghai Municipal Transportation Department has built pedestrian bridges at various traffic intersections to alleviate traffic congestion, but the progress is very slow, which is said to be due to insufficient budget.

Xu Zhi thought for a while and said: "If the city government has financial difficulties, we can change to a cooperation plan."

Huang Daohan said: "What's the plan? Mr. Xu, please come in."

Xu Zhidao: "I estimate that it may cost about 100 million U.S. dollars to build this bridge. If the shares are half and half, then both of us will need to invest about 50 million U.S. dollars. My proposal is that we will also advance the funds on the city government's side. I need funding so that the project can start as soon as possible, but I hope that I can be promised another investment.”

"What investment?" Huang Daohan asked.

Xu Zhidao: "I have been to Nanjing East Road several times in the past few days. I was surprised by the business atmosphere there. It is said that only the First People's Mall attracts 200,000 people every weekend. This is not uncommon in the whole of Hong Kong." Maybe, my Evergrande company is committed to investing in commercial projects, so it hopes to enter the Shanghai stock market for investment?"

"The First People's Shopping Mall!" Huang Daohan was startled and quickly shook his head and refused: "Mr. Xu, the First People's Shopping Mall is very special. If you want to invest, I cannot agree."

"Misunderstood!" Xu Zhi smiled and explained: "I am not intending to acquire or invest in any existing shopping malls or institutions, but our company will develop a commercial project."

If Shanghai is the jewel in the mainland's economy, then the First People's Mall is the economic leader in Shanghai. Annual sales can exceed 100 million. Because of its abundant supply and great reputation, it is also a popular place for foreign tourists, businessmen or business owners. The preferred shopping paradise for mainlanders with foreign exchange coupons, it can earn tens of millions of dollars in foreign exchange for the Shanghai Stock Exchange every year.

It was impossible for such projects to be transferred to foreign investment in the Shanghai Stock Exchange when it was first reformed and opened up. The country's main purpose of attracting foreign investment at this moment is to jointly earn foreign exchange and develop the economy, rather than to transfer projects that can earn foreign exchange on its own.

Huang Daohan nodded, as long as it was not about the No. 1 Shopping Mall, then he asked: "Then what project is Mr. Xu talking about?"

Xu Zhi asked: "I wonder if you have heard of pedestrian streets?"

"I've heard of pedestrian streets!" Huang Daohan nodded and asked, "Does Mr. Xu want to build a pedestrian street in Shanghai?"

Xu Zhi nodded and said, "Yes, in Western countries, many cities already have the business model of pedestrian streets.

Because there are no cars on these streets, they can attract a large number of tourists and pedestrians to come and spend money. Now that China has reformed and opened up, and Shanghai is the core of the national economy, is it time to have a pedestrian street of its own? "

Huang Daohan pondered for a moment and asked, "I wonder where Mr. Xu plans to build this pedestrian street?"

Xu Zhi said: “Pedestrian streets are generally prosperous places, so according to the current situation in Shanghai, they can only be located in Puxi.

In general, in international cities, pedestrian streets are built by converting an original street into a pedestrian street, which will reduce the cost a lot. However, currently the only one in Shanghai that has this condition is Nanjing East Road, which is naturally blocked.

But we can choose a street elsewhere in Puxi, knock down and rebuild all the buildings, and we need to expand the area on both sides, and then build new buildings in accordance with international standards. "

Xu Zhi finished the whole plan very calmly. It was a dream to dye Nanjing East Road. However, in Shanghai now, except for the Bund and Nanjing East Road, other places are just ordinary areas. A commercial pedestrian street should be built in these places. It is also a commercial investment that is profitable and harmless to the Shanghai Stock Exchange.

Huang Daohan thought for a while and said: "Mr. Xu, the population density in Puxi is very high. Even if you choose an ordinary street, according to your idea, it will still require the demolition of the residences of thousands of families, plus subsequent investment. , which is probably much higher than building a bridge.”

"I have already considered this clearly." Xu Zhi said: "We will naturally be responsible for the cost of demolition. I can also fund the construction of new houses for the demolished households, and the living environment will be better. Everything that involves funds will be taken care of by us. Responsible, the municipal government only needs to undertake the demolition process and the land planning of the new demolished houses. According to the distribution according to the joint venture law, it can obtain 51% of the shares of a new commercial street. I think it is a matter for both the municipal government and the demolished households. Good thing."