Reborn as Zhao Ruilong of Handong, I will defy fate.

Chapter 481 Are Fools Blessed? The Loyal and Devoted Gao Mingyuan!



Chapter 481 Are Fools Blessed? The Loyal and Devoted Gao Mingyuan!

"Okay, okay, great!"

"Please forward this official document to me immediately, thank you!"

Ding Lehui was overjoyed and punched his fist a few times after hanging up the phone.

Gao Mingyuan, who had flown to Jingzhou from Lvteng City in Zhongjiang Province with Ding Lehui, immediately asked with a somewhat surprised smile:

"Chairman Ding, what's making you so happy?"

Ding Lehui, unable to hide his joy, said excitedly:

"President Zhao has won! President Zhao has succeeded!"

"Thanks to his tireless efforts, the real estate market will develop in a healthy and stable manner!"

"High-end manufacturing will become a pillar industry of the national economy and will receive unprecedented strong support!"

Gao Mingyuan was even more surprised.

"Strange, wasn't this already decided?"

Ding Lehui frowned and retorted, "Who said it was confirmed a long time ago? Just half an hour ago, when we were still on the plane, the General Affairs Department officially released the document!"

Gao Mingyuan was taken aback for a moment, then laughed and said, "I think when President Zhao says he wants to regulate the real estate market, it's practically a done deal! How could he not do what he says?"

"..."

Ding Lehui was stunned.

Suddenly I realize that the saying "ignorance is bliss" actually makes a lot of sense.

Gao Mingyuan had never worked in the system, so he obviously didn't know that the release of any policy document was the result of fierce competition.

The greater the stakes involved, the more intense the competition becomes.

Which will be the pillar industry of the national economy in the next five years: real estate or manufacturing?

This struggle, which concerns the direction of development and the national economy and people's livelihood, is more intense than imagined.

Describing it as a "battle of gods" is not an exaggeration at all.

Because those who can speak out, apart from Zhao Ruilong, are at least ministerial-level officials.

Many provincial and municipal officials are people that ordinary people would rarely even see on a regular basis.

In this game, they didn't even have the right to speak out, let alone show their faces.

Ding Lehui had worked in the system for many years and reached the rank of deputy director.

Even if you don't participate in the game or know the details.

But he also knew how difficult it was to win.

Gao Mingyuan, who started as a petty thug and accumulated his first fortune through violence and ruthlessness, and then invested in business to become rich, could never have imagined it.

Ding Lehui suddenly thought of his hometown, where his fellow villagers had lived in a poor mountain village all their lives. Tractors and trucks were rare sights for them.

If you tell them about the city's skyscrapers, bustling traffic, high-speed trains, soaring passenger planes, and sailing giant ships, they simply cannot imagine or understand it.

This is how poverty limits imagination!

This 'poverty' is not just about material and economic aspects, but also includes ideological and cultural aspects, as well as perspectives and knowledge.

Thinking of this, Ding Lehui suddenly realized that he had no way of explaining to Gao Mingyuan how difficult this game was and how hard it was to win.

In Gao Mingyuan's mind, Zhao Ruilong had a powerful background and great strength, and played an extremely important role in the country and the people. There was nothing that Zhao Ruilong could not accomplish.

Thinking about it carefully, having simple logical thinking doesn't seem like such a bad thing.

If you firmly believe that Zhao Ruilong can keep his word, you won't overcomplicate things, and you won't end up like Qiao Wenli, hesitant, fearful, and indecisive.

"What's wrong? Am I wrong?"

Gao Mingyuan asked with a smile.

Seeing this, Ding Lehui couldn't help but ask out of curiosity:

"Are you... genuinely ignorant, or just pretending?"

"What do you mean?"

Gao Mingyuan looked completely bewildered.

"Forget it, whether you really don't understand or you're pretending not to, just trust President Zhao."

As soon as Ding Lehui finished speaking, his phone beeped.

I quickly opened QQ on my phone, received the file, and opened it to browse.

Ding Lehui quickly skimmed through the text, reading ten lines at a glance.

Sure enough, after reading the whole thing, I didn't see any mention of real estate as a pillar industry of the national economy.

Many of the points are closely related to the document's theme, promoting the healthy and stable development of the real estate market.

However, upon closer inspection of the content, Ding Lehui couldn't help but frown.

Urban planning, land supply, market regulation, financial credit, housing security...

The terms and conditions are numerous and cover a wide range of aspects of the real estate market.

The goal is to eliminate shared areas and pre-sales for commercial housing and implement a system of selling completed properties. However, it is also necessary to increase credit support for real estate development companies and projects facing operational difficulties.

Having worked in the system for many years, Ding Lehui immediately recognized that this was the result of fierce competition. Many provinces and cities were certainly worried that major policy changes would lead to the bankruptcy of many real estate companies.

Previously, with the pre-sale system, many properties were sold before the building was even topped out. Those with boldness and strong connections even started selling as soon as they built a sales office. As a result, these companies could generate revenue and their financial pressure was not too great.

Starting January 1st next year, a system of selling completed properties will be implemented. Properties will only be allowed to be sold after completion and acceptance inspections, which will naturally increase the pressure on developers.

If credit support is not increased and real estate companies are not encouraged to form a number of large, powerful, and competitive enterprises and groups through mergers, acquisitions, and restructuring, then...

Many small and medium-sized developers faced funding shortages and were unable to continue building houses, leading to bankruptcies and leaving behind a large number of unfinished houses. Ultimately, it was the banks, local governments, and ordinary people who had already bought houses who suffered the most.

In another place, the signs of a power struggle are very obvious.

Zhao Ruilong once said that establishing a nationwide networked real estate market information system as soon as possible would be very beneficial to the healthy development of the real estate market.

For example, a company's debt-to-asset ratio after excluding advance receipts exceeds 70%, its net debt ratio exceeds 100%, and its cash-to-short-term-debt ratio exceeds 1.

This company is clearly heavily indebted and poses a risk. It should be subject to supervision and restrictions, such as limiting its commercial paper issuance, lowering its credit limit, and restricting its bidding for land.

With such a system in place, those professional real estate speculators who travel all over the country can no longer take out mortgages on multiple properties in various locations and engage in rampant speculation.

It is also more convenient and secure for ordinary people to buy and sell houses. Not only can they mortgage their own houses for loans, but they can also seize and freeze properties in other places when collecting debts from debtors.

For the authorities, this system allows them to grasp industry development trends in a timely and accurate manner, facilitating macro-control, and also makes it easier to investigate properties under the names of corrupt officials.

but……

Such a beneficial information system for the country and its people should be built and networked nationwide as soon as possible to maximize its effectiveness.

The final document, however, changed to "Support local governments in accelerating the establishment and improvement of real estate market information systems".

The difference between "nationwide" and "localities" may seem like just two words, but it makes a world of difference.

Having worked within the system for many years, Ding Lehui certainly knew that this was a typical example of local protectionism.

In order to get this document approved, the higher-ups clearly made concessions to the local authorities.

Come to think of it, isn't politics just the art of compromise?

It is already a major victory that the real estate industry has not become a pillar industry of the national economy.

Not to mention that pre-sales and shared area calculations have been abolished, and a system of selling completed properties has been implemented.

So what's wrong with making appropriate concessions in other areas?

The document concludes by advising local governments to adapt their real estate market regulation measures to local conditions and realities.

This kind of rhetoric essentially leaves some room for local authorities to maneuver, as long as they don't go too far.

"Chairman Ding, we're about to disembark!"

Gao Mingyuan's reminder brought Ding Lehui back to his senses.

I pressed the back button several times and exited QQ on my phone.

I put my phone away and looked out the window, only to find that the plane hadn't docked at the jet bridge.

"Strange, our plane isn't using the jet bridge, it's parked at a remote stand!"

Ding Lehui was a little puzzled, but he soon realized why there was an empty jet bridge but his plane wasn't connected to it.

A massive Boeing 747 passenger plane roared to a stop and slowly taxied toward the terminal, while two fire trucks parked opposite each other sprayed water into the air.

Two water columns intertwined, forming a water gate.

This is a customary international welcome greeting!

The Boeing 747 passenger plane, slowly passing through the water gate, approached the jet bridge under the guidance of ground personnel.

Ding Lehui, who was waiting to depart on the shuttle bus, took a closer look at the banner hung up by the ground staff and immediately understood.

This was the first direct international flight from Shigatse, USA, to Jingzhou, the capital of Handong Province.

No wonder the airport reserved the jet bridge for this large passenger plane that had come from afar.

Her safe arrival signifies the official opening of the direct international passenger route between Gyeongju and Shiginsan.

Wow, what a huge airplane! Where did it come from?

Hearing Gao Mingyuan's exclamation, Ding Lehui smiled and said:

"Only a large four-engine intercontinental passenger plane like this can fly across the ocean without stopping, coming from the Shigatse Mountains in the United States."

Gao Mingyuan laughed and said, "I've never been on such a big plane before. It seems that none of the flights at our Green Vine Airport are operated by such large planes."

Ding Lehui laughed and said, "If there are no international flights or popular routes with high passenger volume, airlines will definitely not be willing to use large passenger planes, commonly known as wide-body aircraft, to operate them!"

Ding Lehui would certainly not say it outright, but compared to Handong Province, Zhongjiang Province's development was naturally slow and lagging behind.

The availability of flights at the airports in their respective provincial capitals is enough to show that the two provinces are not at the same level of economic development.

Jingzhou has already opened multiple international passenger and cargo routes, and the load factor and cargo volume are very high, but Green Vine does not have a single international route.

The direct cause of this phenomenon is, of course, that Handong not only has a large number of foreign-invested enterprises and joint ventures, but also many local enterprises engaged in international trade.

The increasingly frequent business activities of these companies have brought about a surge in passenger and freight demand. Airlines, seeing the potential profits, are naturally willing to open international routes in Gyeongju.

Just as Huilong Group expands into overseas markets and exports electronic products, Loongson Group manufactures chips for many US technology companies and has a large business passenger flow. United Airlines is naturally willing to open a direct flight between Jingzhou and Xijinshan.

In contrast, Lufeng City in Zhongjiang Province has not attracted many foreign-invested or joint-venture enterprises, nor are there many local enterprises involved in international trade. Even with the addition of students and tourists, the limited business traffic is clearly insufficient to launch international flights.

"Sigh, not many people fly to major domestic cities from Green Vine, and such a behemoth must have incredibly high fuel consumption. If I were an airline, I wouldn't want to operate international flights from Green Vine either, otherwise we would definitely lose money hand over fist!"

Gao Mingyuan peeked around and looked at it carefully again and again.

"But the big plane looks really impressive. Has our country's COMAC already developed such a large intercontinental passenger plane?"

"Our large passenger aircraft is currently in the design phase and is expected to make its maiden flight in 2006."

"What about our medium-sized passenger plane? I heard the progress is quite fast. When can we take a ride on it?"

"The maiden flight is coming soon, it will definitely be within three to five months, but it will probably take another two to three years before it is delivered for commercial operation."

"Why? Doesn't that mean we'll have to wait until 2006?"

"Because you have to complete all sorts of rigorous tests and pass airworthiness certification. Otherwise, if they just let you sit there, would you dare to sit there?"


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