Resource Tycoon Reborn

Chapter 4 "Preferential" conditions offered by Matsumoto Masamichi

Three days ago, Masamichi Matsumoto, the director of Japan's Nippon Steel Corporation's office in China, expressed his willingness to hold talks with the Fang family through officials from China's State Planning Commission.

Although from the beginning, Fang Mingyuan did not include Japanese steel companies in future equipment procurement targets, but for the "National Planning Commission" which was established in 1952 and has long been responsible for the comprehensive economic management functions of the Chinese government,

.Fang Mingyuan still has to give some face to these officials who will become the "National Development and Reform Commission" in the future, referred to as the National Development and Reform Commission.

Fang Mingyuan, who has experienced his previous life, certainly knows that the future National Development and Reform Commission will be a unique "super department" in the Chinese government and the comprehensive coordination department of the State Council. There are nearly thirty departments and bureaus, thousands of formal employees, and internal

Departments and bureaus include all fields of the national economy such as industry, transportation, energy, and employment. Many ministries and commissions such as the Ministry of Transport, the Ministry of Environmental Protection, and the Ministry of Health can find their corresponding departments and departments in the National Development and Reform Commission. Moreover, the responsibilities of the National Development and Reform Commission also include

It is responsible for national economic planning, industrial and investment policies, institutional reforms, prices, etc., and participates in the formulation of fiscal and monetary policies. The National Development and Reform Commission, the Ministry of Finance, and the People's Bank of China are both macro-control departments, but are mainly responsible for the comprehensive balance of finance, credit, and materials.

Its power is so great that no one dares to underestimate it. If you offend the officials of the National Development and Reform Commission in the future, even if the Fang family has the support of Su Huandong and others, they will intentionally or unintentionally let you wear some small shoes within the scope of the rules in the future.

That's also very headache-inducing.

However, he agreed, but Fang Mingyuan was not interested in going there himself, and in his opinion, he had already given the Japanese enough face by letting Lin Rong go. Masamichi Matsumoto, although he is the top person in charge of Nippon Steel's personnel in China,

But he is not the highest-level manager in Japan's Nippon Steel Corporation. As his assistant, Lin Rong's status in the Fang family's industry is only slightly lower than that of Lin Lian, Aso Xiangyue, and Sun Zhaolun. Compared with

However, it is still higher than Masamichi Matsumoto's status in Nippon Steel.

Lin Rong pursed her lips and recounted the negotiation process with Masamichi Matsumoto in the afternoon.

The first meeting between the two parties was basically conducted in a friendly and enthusiastic atmosphere. Masamichi Matsumoto first talked about the friendly relations between China and Japan, and then said that the other side's steel plant project would soon be officially approved by the government.

Congratulations. Then he took the initiative and offered to purchase equipment for the steel plant project at a preferential price.

Fang Mingyuan frowned slightly, although he had already known from Su Huandong, Mei, Lu, and Chai that the top management's decision to open the steel industry to private capital had basically been finalized, and now he was just waiting for a suitable opportunity.

The preparatory work for the Fangjia Steel Plant project has basically begun. But hearing a Japanese congratulate him in advance still made him feel a little uncomfortable. Fang Mingyuan will never forget that the Japanese intelligence

It was quite famous during World War II!

"Mingyuan, Mr. Masamichi Matsumoto also mentioned that if the Fang family is willing, Nippon Steel Corporation can do its best to include this project in Japan's economic aid project to China, which can help the Fang family apply for Japanese yen

Large, low-interest, long-term loans." Lin Rong continued, "The loan interest rate can be no higher than 3%."

Fang Mingyuan immediately raised his eyebrows. Masamichi Matsumoto really worked hard to win this business for him. However, it can also be seen from this that Nippon Steel Corporation has a huge influence in Japan, and its responsible person in China

People dare to say such things.

Of course, Fang Mingyuan is no stranger to Japan's economic assistance to China. You must know that in his previous life, the Chinese and Japanese governments had actually had several verbal battles over this. Therefore, the Chinese people at that time were usually more concerned about the relationship between Japan and China.

The Chinese people all know this.

Japan's economic assistance to China began in 1979, when the then Japanese Prime Minister Masayoshi Ohira announced during his visit to China. The official statement was that Japan would provide yen loans to China in order to support China's reform, opening up, and modernization.

and technical cooperation. Japan's economic assistance to China is divided into three parts: loans, free financial cooperation and technical cooperation. Fang Mingyuan remembered clearly that before his death in his previous life, according to the Japanese government website, Japan's yen loans to China were about three

Trillion yen, free financial cooperation is about 150 billion yen, and technical cooperation is almost 150 billion yen. Japan was the country that provided the most aid to China at the time, accounting for approximately the total amount of aid received by China.

China accounts for more than 60% of aid, and China is also Japan's largest recipient of aid.

The scope of Japan's aid to China includes infrastructure construction in China's economic fields such as railways, highways, ports and airports, as well as rural development, environmental protection, improvement of medical and health care and other broad areas. The projects are spread across all provinces, autonomous regions and municipalities in China.

For example, Beijing's Metro Line 1, the Capital Airport, as well as China's electrified railway renovation, large-scale port construction, and bridge construction all have loans from Japan.

Fang Mingyuan admitted that at that time, China had just opened its door to the country. Due to limited foreign exchange reserves, it was in urgent need of foreign exchange funds to support the introduction of technology and large-scale equipment procurement. Low-interest, long-term yen loans just solved the urgent need. Therefore, regardless of whether the Japanese gave up the war on China

The goodwill gratitude for the compensation was also an objective demand for Sino-Japanese trade. As a symbol of the improvement of Sino-Japanese economic relations, the Japanese yen loan has become a symbol of the improvement of Sino-Japanese relations and made a significant contribution to China's early economic take-off.

However, it is delusional to say that Fang Mingyuan should be grateful to the Japanese because of this!

Not to mention that the Chinese government has given up on pursuing war reparations of up to 150 billion U.S. dollars from the Japanese government. This is more than five times the total amount of aid Japan has provided to China for decades, and this is without calculating interest.

Japan's aid to China is also of great benefit to Japan itself.

For example, when the Chinese government uses Japanese yen loans for infrastructure projects, such as building an airport, it must first report to the relevant Japanese departments. If Japan agrees, the Japanese yen loans used will not be transferred to the Chinese government's account.

Instead, when it is time to pay, the bank designated by the Japanese government will remit it directly to the project contracting company. The Chinese government will not see a penny of cash. Therefore, most of the projects using Japanese yen loans are financed by Japanese-related companies.

Many companies have taken over or participated in this project. There is no doubt that Japanese companies will earn corresponding profits from this. And they will also take this opportunity to allow the products of these companies to enter the Chinese market.

Moreover, these Japanese yen loans also charge interest. Initially, the Japanese government set very favorable conditions for Japanese yen loans. For example, the interest rate was set at about 1%, and only the interest was repaid in the first ten years, but not the principal.

etc. This was undoubtedly a huge help to China, which had just begun its reform and opening up and lacked foreign exchange. At that time, the Chinese used these loans to build Baosteel, thus reducing the import of some high-grade steel products. At the same time, they built several railways and expanded the domestic steel industry.

High-quality coal and coke were continuously shipped to Japan, which provided China with rare foreign exchange at the time. Japan also gained huge profits from it. It can be said that it was the result of mutual benefit between the two parties.

"Hmph! Isn't the interest rate of three percent very low?" Fang Mingyuan sneered.

"Is it very high?" Lin Rong blinked and asked in confusion. As far as she knew, this interest rate was much lower than the loan interest rates in China and the United States. Especially in China, private enterprises want to obtain large amounts of money.

If the Fang family did not have a strong official backing, it would be difficult to obtain a loan. If the Fang family had not had a good relationship with Gu Yucheng and provided suggestions for the development of the Bank of Communications, it would have been difficult to obtain the subsequent large loans.

It is not that easy to get a mortgage. Many times, these domestic private enterprises have to borrow money from usurious loans.

"Rongrong, the level of loan interest rates should not only depend on our domestic situation, but also Japan's domestic situation." Fang Mingyuan remembered that in the previous life, due to Japan's economic downturn, the central bank's interest rate was at a low level for many years, and later it was reduced to 100%.

Below one, there are even one thousandth and zero interest rates! So although the loan interest rate of three percent is low, compared with Japan, such interest rates are already so generous that the Bank of Japan will cry.

Moreover, at that time, the Western developed countries, out of overall considerations of stabilizing the world economy, came together to formulate an aid plan for developing countries. As the only developed country in Asia, Japan's focus of division of labor was to assist developing countries in Asia. Naturally, Japan

This also includes China. As the largest and most populous country in Asia, China has become Japan's most important recipient of aid. It is reasonable.

Moreover, Japan uses loans in foreign aid and rarely uses free aid. This has caused Japan to be strongly criticized by Western countries. Later, it even received a joint resolution from Western countries asking the Japanese government to make corrections. For this reason, Japan

Japanese yen loans from aided countries have been significantly reduced or exempted many times, but according to relevant sources, only China has never been exempted from a penny.

Fang Mingyuan didn't know whether the Japanese government had exempted or exempted China's yen loans, because in his previous life, until his death, the Chinese official had never given an authoritative statement. Of course, even if it had, the Chinese people at that time would habitually

Put a big question mark on it.

But for the Japanese, Fang Mingyuan would rather believe that they exist than believe that they don't exist!

Lin Rong nodded thoughtfully. She decided that after returning, she must call Aso Xiangyue to find out about Japan's bank loan interest rates! (To be continued. If you like this work, you are welcome to ***(*

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