Resource Tycoon Reborn

Chapter 162: Persistence is victory

After Gu Yucheng officially became the president of the Fengyuan Branch of the Bank of Communications, his first good news call came to the Fang Family Restaurant, and Fang Mingyuan happened to be here too.

"Then I am here to congratulate Uncle Gu on his promotion!" Fang Mingyuan said with a smile on his face. After these days of interaction, Fang Mingyuan discovered that Gu Yucheng is a person who is relatively nostalgic and full of ambition, both in business and officialdom.

Those bad habits don't contaminate many places. This is the main reason why Fang Mingyuan notified him in advance that he might face the rush to redeem money. With Gu Yucheng's rise to power, it means that the Fang family's banking industry in Qinxi Province

, there is a strong backing! Fang Mingyuan's future plans will require considerable funds. Such a huge demand for funds will only rely on Fang Mingyuan's own accumulation, which will take a long time. Fang Mingyuan simply cannot afford to wait, and does not want to wait.

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For Fang Mingyuan, the crises in his previous life were rare opportunities to strengthen himself. As he grew older, there were many opportunities that he had to give up due to lack of strength. But with Gu Yucheng

With the support, Fang Mingyuan will undoubtedly be much more relaxed in raising funds. I believe that in the years to come, Bank of Communications will become the most important lender to the Fang family.

Of course, this result also made Gu Yucheng admire Fang Mingyuan with all his heart - it was precisely because of Fang Mingyuan's secret help that he was able to complete what originally took several years in less than half a year.

The road to official career. In the following years, just as Fang Mingyuan expected, Gu Yucheng always gave priority to the needs of the other party's family when it came to loans. Even instructions from provincial leaders did not change this.

"Master Fang is making fun of me. This is not thanks to Master Fang. If Master Fang hadn't reminded him in advance, how could I have made new achievements again?" Gu Yucheng said sincerely, "What use will Master Fang have to Gu Yucheng in the future?

Wherever you are, I will never refuse.”

"Then I'll remember it! There will be a lot of trouble for Uncle Gu in the future. When the time comes, just don't find me annoying!" Fang Mingyuan said with a smile.

"I promise to handle special matters and fully support Mr. Fang's development. And I believe that Mr. Fang will also bring generous returns to our Bank of Communications!" Gu Yucheng said sincerely. He is convinced of Fang Mingyuan's economic vision.

No doubt. Such potential customers, whether private or public, are worthy of his efforts to maintain. And his bet was indeed right. In the following years, the Fang family has always been the best customer of Bank of Communications.

of large customers and shareholders, making other banks the envy of them.

"Uncle Gu really has confidence in me." Fang Mingyuan couldn't help but laugh.

"Master Fang, in your opinion, when will this rush to buy end?" Gu Yucheng changed the topic and got to the point. He is now being ordered in a critical situation. If he cannot handle the subsequent affairs well, it will not affect the situation.

Although he has reached his status, he is ultimately lackluster. If he can achieve a brilliant result after taking office, it will undoubtedly be of great benefit to his stable status.

Fang Mingyuan pondered for a moment. He still remembered that in the previous life, the government's response to this panic buying wave was quite rapid. In fact, in August 1988 in the previous life, the price increase rate later announced by the National Bureau of Statistics was

29.3%, the highest record since the reform and opening up. Under this situation, the government urgently stopped the "price breakthrough" and implemented a comprehensive "rectification and rectification" of the economy. Starting from the fourth quarter of 1988, bank deposit interest rates were significantly increased.

Cut investment in capital construction. These policies quickly controlled prices, and the growth rate of living expenses for urban workers dropped from 21.3% in 1989 to 3.1% in 1990. However, at the same time, GDP growth also dropped from 11.3% to about 4%.

Although he couldn't remember it so clearly, he still had an impression of general things. "I think it won't take long for the government to deal with this situation, about a month or so. Uncle Gu, actually you don't have to worry, the most difficult thing is

A few days have passed, and the amount of withdrawals from Fengyuan citizens will become less and less in the future. As long as you allocate carefully, I can't think of anything big. Uncle Gu, let me give you a word, persistence is victory!"

"Persistence is victory!" Gu Yucheng said it repeatedly several times softly, with a relieved smile on his face. Indeed, as Fang Mingyuan said, the total amount of withdrawals by Fengyuan City citizens these days is similar to the first two days.

Compared with the previous year, it has dropped by nearly one-third. For various savings offices in the Fengyuan Branch of the Bank of Communications, the work intensity has dropped back to a level close to normal.

"By the way, Mr. Fang, your Carrefour has made a big appearance in Qinxi Province this time? The front page headline of Qinxi Daily said that is a place where every inch of paper is worth a lot of money. Mr. Fang, are you interested in opening Carrefour to Fengyuan?

Come? In the past few days, the citizens of Fengyuan have a very good impression of you. My ears are full of praise for you. If Mr. Fang is interested, I will pay attention to Mr. Fang.

Let's go to the store." Fang Mingyuan was very tempted by Gu Yucheng's suggestion.

It has been two or three days since he returned to Pingchuan. The seventy-two-hour continuous operation of Carrefour Supermarket has ended. In these three days, Carrefour Supermarket has received tens of thousands of Pingchuan residents, with sales exceeding five million. The sales in the warehouse

By this time, more than half of the reserved goods had been sold.

Fang Mingyuan also noticed that with the end of the seventy-two hours of continuous operation, the passenger flow of Carrefour supermarket began to decline. Although the daily turnover is still close to one million, it is showing a slow downward trend. Especially when it starts from

The batch of 350,000 yuan of goods pulled back from Pingshui entered Pingchuan County in a swaggering manner, attracting the attention of countless people along the way. When the vehicle stopped at the back door of Carrefour Supermarket to unload, there were still hundreds of people watching. When they discovered

When there were a large number of large items such as color televisions, washing machines, refrigerators, and electric fans among the goods, the cheers could be heard clearly from the front door.

It can be said that this shipment of goods has given the residents of Pingchuan County, whose mood has begun to calm down, another shot in the arm, making them believe that Carrefour Supermarket can fulfill its promise and has sufficient goods guarantee - Pingchuan County

Other merchants here have not purchased large quantities of goods for a long time, but Fangjia actually shipped goods worth hundreds of thousands of yuan at a time, which shows its strength. After that, three more batches of goods were shipped back, although the quantity was not

There were so many in the first batch, but it further enhanced the confidence of Pingchuan County residents.

On the second day after Fang Mingyuan came back, Li Dongxing came to the door in person to discuss the huge amount of cash held by Carrefour Supermarket. Fang Mingyuan considered that even if he wanted to buy goods now, it would be impossible to have such a sufficient supply of goods, so he kept the cash for a while.

It was of no use, so he accepted the request. With five million in cash, the president of the third bank immediately straightened up, and the staff of the savings bank no longer acted sloppily. Residents of Pingchuan County

The time required for withdrawals has been greatly reduced. This has caused many residents of Pingchuan County to reflect. The bank withdrawals are smooth, Carrefour supermarkets have sufficient supplies, and the Fang family has promised not to increase prices in the short term.

, then why do you have to join in the fun with everyone? The unlucky ones who engaged in scalping in the county were also quickly prosecuted by the county procuratorate and dealt with as quickly and strictly as possible. Li Dongxing's series of actions were extremely powerful.

This shocked people with ulterior motives in the county. Under the mutual influence of several factors, the situation in Pingchuan County immediately stabilized and entered a virtuous cycle.

Although the Fang family has insisted on not raising prices during this process, due to the large volume of goods they purchased, the ex-factory price is several percent lower than ordinary people, so the cash on hand is already quite abundant. Even at this time

After returning the occupied Fang Family Restaurant funds, Fang Mingyuan still had considerable cash in hand. Fang Mingyuan knew that with the introduction of national control policies, high bank interest rates would stir up bank deposits, cut infrastructure, and stabilize prices, which would also bring economic growth.

The development speed is slowing down. Moreover, after residents reserve huge amounts of goods, social purchasing power will drop sharply, and commercial systems everywhere will face a long sales off-season. At this time, it is a good time for Carrefour to expand.

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"Uncle Gu, please help us keep an eye out for suitable stores." Since Gu Yucheng took the initiative to bring it up, Fang Mingyuan naturally accepted it.

Everything that followed was just like in the previous life. As time went by, the government introduced more and more policies to combat the disorderly and crazy rise in prices. In early September, the central government held a work meeting and decided to carry out "governance and rectification."

On September 6, the government officially adopted the policy of "governing the economic environment, rectifying the economic order, and comprehensively deepening reforms", and launched a heavy blow to crack down on buying and selling, and hoarding elements. This officially brought an end to this sudden rush to buy.

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The biggest panic buying trend in China since the founding of the People's Republic of China gradually subsided after more than a month. According to later statistics from the National Bureau of Statistics, during the more than one month period from August to September 1988, after deducting the price

Due to rising factors, the total retail sales of goods increased by 33%, of which food sales increased by 38.9%, cotton sales increased by 91.2%, TV sales increased by 72%, refrigerator sales increased by 110%, and washing machine sales increased by 150%. The original order

The government's backlog of supplies, which was a headache, was almost all sold out in this craze. While merchants were withdrawing a large amount of currency, they also ushered in a half-year-long sales off-season!

This unsuccessful price reform caused countless direct economic losses, had a serious impact on the stable social order, and also sounded a loud alarm for future price reforms...