Wealth

Vol 5 Chapter 1001: Big hand in Shanghai

The 22nd disease lived in Donghai Province like a fish in a stunned state. Someone could feel the huge threat that Fan brought on the second day.

After the high-profile construction of Hengshan Port started for a while, the leaders of Shanghai finally couldn't sit still. Taking advantage of the opportunity of Shanghai to host a high-level tourism program and seminar, Tong Yushan came forward and invited Fan Wuyi to Shanghai. One line

Originally, Fan Wuyi stayed very comfortable here, and he might not be interested in going to Shanghai to participate in activities. But now Tong Yushan is the Minister of Propaganda of the Standing Committee of the Shanghai Municipal Party Committee, who happens to be in charge of this area of ​​work. Therefore, Fan Wubing had to think about it. After all, he was regarded as his de facto old man. It was the first time he invited himself to participate in an event. If he didn't go, it would be too shameful.

And afterwards, Tong Xiaoyun also called, mentioning this matter, obviously hoping that Fan Wuyi would go there.

There are not a few businesses in Shanghai every year, but there are only a few heavyweights, and the others are basically mixed eating and drinking, in order to compete for the right to host the conference and strive for a little benefit for the subordinates. Everyone's competition is still fierce, and after a county has a history of undertaking such large-scale business conferences, it is much easier to compete for the right to host such events.

After Fan Wubing passed this time, under the hospitality of Tong Yushan, he took a few important executives and sat down with several major leaders of Shanghai to discuss the issue of Fan Investment Group’s exhibition in Shanghai. At the same time, some major construction projects in Shanghai were analyzed to determine whether there is room for cooperation between the two parties.

But to be honest. Fan Wubing is not very interested in the exhibition in Shanghai. Shanghai itself is a mixture of dragons and snakes. Since Hong Kong’s status as an international trading port has been declining, and there has been an upsurge of opening up Pudong in the country, Shanghai’s status as an international financial center has been continuously strengthened, and even in a sense, its importance has surpassed that of several others. This old international financial center has become an important base for the world's financial capital.

It is precisely because the situation here is too messy that Fan Wubing finds it difficult to deal with it. Once something happens, it is not easy for him to figure out who is behind it. This is a very unfavorable condition.

As the saying goes, people are afraid of being famous and afraid of being strong. Today's Fan Investment Group's scale is really too big, and its goals are too big. The possibility of being conspired by others is also very high. If it is not for his strong wealth and the support of his father Fan Heng to a state-level leadership position, I am afraid that I will not be able to cope with so many heroes who have looked at Fan. of.

With Tong Yushan to accompany. In addition, the leaders of Shanghai have a lot of interest demands for Fan, so the discussion is still relatively harmonious.

As far as the content of the conversation is concerned, Fan Wubing feels that the Shanghai government still has some criticisms about the current central financial policy, especially the reform of the tax-sharing system, which makes the local governments feel that the financial pressure is increasing.

As far as China’s current debt problem is concerned, after the reform of the tax-sharing system, there is absolutely no problem with the central finance, but the local debt problem has gradually begun to show some clues.

How much is the total amount of local debt? Due to the opaque disclosure system, it is difficult to obtain very accurate data, but according to the calculations of Fan Wu's staff, it should not be a small number. To say less, it is also advancing towards the goal of trillions.

The reason why local debt has grown so fast in the short term is mainly determined by two factors. The first is that after the central government has liberalized the housing market, local governments have begun to form the habit of selling land to make money. Banks get a lot of money, and they can also get huge financial income. In other words, land finance gives local governments the confidence of a debt. And banks and businesses are not afraid that local governments will default on their debts. Even in the days of borrowing, there is still not the slightest convergence.

The second is that after the reform of the tax-sharing system, the financial strength of the central government has been strengthened, but the financial strength of the local governments has been weakened.

For example, the central government has to take 75% of the value-added tax of one dollar, and only two and a half are left to the local government, and the local government has to undertake the important task of economic development, plus local officials' pursuit of short-term recession growth as the basis for their political achievements. Coupled with the system of official mobility. Now the borrowed money will be repaid by the next government, so it is not uncommon for local governments to borrow money to survive.

Therefore, the local government debt is getting bigger and bigger. Especially for township and county-level governments, the original fiscal revenue is very low, coupled with the strong demand for expenditures, these two levels of government have the greatest risk, and the higher level is like a pump. The first-level financial resources are stronger than the first-level, but the financial resources of the grassroots government have been severely weakened. This is the most serious restriction for the entire local exhibition.

Even if the local financial resources are relatively weak, there are still many cases of corruption benefiting that cannot be contained in the paper, and they frequently surfaced. Underground undercurrents flowed more and more, while the finances of the rivers above the ground became more and more thin and long, and the risks were increasing. , And can even completely block economic development.

For a government that borrows from multiple sources, once the project investment income of the investment and financing platform cannot cover the cost, these hidden debts will inevitably become explicit, putting tremendous pressure on local finances, and even the central finance and commercial banks will eventually have to pay for it.

Moreover, if austerity policies are chosen, the risks of local governments are likely to explode very quickly.

In view of this, the State Council has issued a notice on strengthening the management of local government financing platform companies, but this kind of rectification obviously cannot really solve the problem of local debt, because the local government must develop the economy, and the distribution of central and local fiscal revenue is distorted. So that these problems cannot be effectively solved, it can only treat the symptoms rather than the root cause.

However, it is impossible not to allow local governments to raise debts, because the performance of domestic officials is quantified. Local governments must develop so that local officials can at least keep their black hats. It is inevitable that local officials from all walks of life will borrow money for exhibitions. Even if they are not allowed to borrow money for exhibitions, they still have to do it when they are right.

The deeper problem is that people everywhere also hope that their local economy will become better. Especially in the context of urbanization, a large amount of public expenditure is necessary.

But Fan didn't feel sick. The debt of other parties is not a devil, and it is not a bad thing to raise debts when necessary.

But there is a limit here. It must not be excessive. After excessive, it will lead to local financial crisis and public power to squeeze the private sphere, resulting in waste and monopoly.

The most important thing is currently. The central government must give the local governments more financial power, because the real bearer of the economic development should be put in the hands of the grassroots government no matter what.

Restricted local finances can only cause them to rely too much on politics and borrowing to survive. The result of borrowing money is to start pumping water on a large scale.

even so. Many grassroots governments do not have the power to sell land at all, and they are severely restricted by various noble names. In fact, they are restricting local exhibitions, and it is also the local government's illegal collection of money to provide institutional worship.

If this situation cannot be changed, the weakening of local power is actually weakening the local economic development, and the result is bound to affect the overall economic development.

The situation here in Shanghai is obviously relatively better. The reason is no other reason. It is because of the country's major measures to open Pudong and the preferential support policies of the currently dominant Shanghai Gang.

Fan Wubing set up Fan's headquarters in Shanghai, and he also has a tendency to show his strong support for the development of Shanghai’s economy, especially the development of Pudong New Area. Now the Shanghai government has actually encountered many problems at the exhibition. ,The most important thing. That is, although the current real estate market has been liberalized, the stimulus effect for the government is not very obvious. Under the situation that the whole Shanghai is engaged in large-scale construction, it is obviously not feasible without sufficient funds to support the construction.

Therefore, there is a very important problem now. When Fan Wuyi started construction work in Hengshan Port, Shanghai felt tremendous pressure. It can be expected that Hengshan Port and Jiangrang will be in a few years' time. The port will become the largest hub port in China, and some of the businesses that were originally handled in Shanghai Port will also be moved to Donghai Province because of the convenient location.

"Shanghai's development is inseparable from the port business." The mayor said to Fan Wuyi, "Nowadays, the natural conditions in Shanghai restrict our progress. This problem must be resolved.

The mouths of large rivers are easy to make beautiful articles, and the damage of boats often brings prosperity. For hundreds of years, Shanghai has done enough articles in the Huangpu River.

Since the late 19th century, Shanghai has relied on the convenience of the Huangpu River and the river to reach the sea, and its routes have radiated to the Yangtze River, coastal areas and even Southeast Asia. By the 1930s, the annual cargo volume of Shanghai Port had reached 1,400. Million tons, this number ranked seventh in the world at that time. In the Asian region, it is the top ranking. With its shipping and transportation, Shanghai became a very famous economic, trade and financial center of the Far East at that time.

Because the biggest feature of Shanghai is that it is located in the middle of China's north and south, where the rivers and seas meet, and the north and south is the coastline of China. Shanghai is basically in the middle to the north and south, and its transportation is the most convenient to the outside world. , There is also the confluence of rivers and seas, the Yangtze River, the longest river in the country and the most accessible one in the basin. In the region, this river meets the sea at Wu Hongkou in Shanghai, so Shanghai is in such a favorable position.

Therefore, Shanghai has been able to show up to this day, in fact, it is a city that relied on a port to prosper, so once Shanghai leaves the port, it cannot be called Shanghai.

After the reform and opening up, the articles in the Huangpu River made the Shanghai exhibition even more dazzling. After decades of exhibitions, Shanghai Port has become the largest port in China. One of the world's famous big ports. However. The estuary is very fussy, and the restrictions are also at the estuary. The water depth of the Huangpu River is about seven meters, which is always an insurmountable hurdle.

Since the 1990s, container transportation has become the mainstream of the International Maritime Industry Exhibition. Ocean-going shipping vessels have become larger and larger, and the mainstream models have been large container ships with a draft of 15 meters. In order to adapt to this change, Shanghai has accelerated the construction of a dedicated container terminal, but the newly built Waigaoqiao terminal is still limited by the depth of the Yangtze River channel. Restricted the port.

"We in Shanghai also have our own deep-water port terminal!" The mayor resolutely told Fan Wu

Fan Wubing was confused when he heard it, and couldn't help but interrupt him and asked, "Well, please forgive me. The Deepwater Port Terminal is not said, nor is it dug out. The location is always convenient. Considered, how else can this goal be achieved?"

Feng Chang nodded and replied, "Yes, but we have found a solution to the problem!"

"Oh, please tell me what?" Fan Wubing is also more interested in this. After all, the relationship between Shanghai Port and Hengshan Port should be one and the other. He also wants to know how Shanghai can solve this lack of water depth. The big problem.

After listening to the mayor's introduction, Fan Wubiao couldn't help but gain some insights, and the man in his heart became serious. There is really no problem that can become a real problem.

The core issue of the construction of Shanghai International Shipping Center is the construction of a container deep-water hub port with a water depth of more than 15 meters. Since five years ago, the Shanghai Municipal Party Committee and Municipal Government has listed the location of the deep-water port as one of the top ten research topics. At that time, it proposed three plans for going north, going east, and going south.

Go north to the current Baosteel area, in the Yangtze River to Luojing area, the plan is called the north, the second is called the east plan, the east plan is the Waigaoqiao plan, and the east goes to the Pudong Waigaoqiao. . The third plan is the southward plan. The southward plan will go to Hangzhou Bay. At that time, three plans were proposed. After the three plans were demonstrated, they felt that they did not have a 15-meter deep waterway and dock.

Since none of these three methods meet the requirements ~www.wuxiaspot.com~, there is only one idea, which is to jump out of the Yangtze River estuary and go to the open sea to find the new port of Shanghai's deep-water port.

After going deep into the Hangzhou Bay of the Yangtze River estuary for investigation and survey. Everyone decided that a deep-water port could be built on the large and small Yangshan Island, about 30 kilometers away from Shanghai’s Nanhui Luchao Port, to jump out of the Huangpu River and the Yangtze River estuary, to the ocean, and a new model of leapfrog development towards offshore islands.

However, to build a deep-water port in the vast sea, there is no ancient history. The difficulty of the project, technical difficulty, and construction experience are all problems that decision-makers must face. Only the preliminary decision-making and demonstration work of the project has been carried out for five times. I haven't gotten it for years.

"According to the previous argumentation, the construction of a Donghai Bridge must be started at the same time as the port is built as a connection line between the port area and the Big 6. This will be China's first cross-sea bridge in the true sense and the longest in the world. Cross-sea bridge.” The mayor said to Fan Wuyin, “The Donghai Bridge in the middle of the plan has a total length of 32.5 kilometers and a standard deck width of 31.5 meters. High highway standard design with lanes and emergency parking strips."

Fan Wubing did not speak for a long time after listening.

One one today, the first update sent to one one one (to be continued)

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