Rebirth of the Rising Sun

Chapter 799 A bold idea

In fact, this is exactly the result of the struggle above. Because some people are not optimistic about the country's economic reform and development, and there are quite a few of them, in order to satisfy both sides, such a good person is appointed as the director, because only such a person can work between the radical and conservative sides with ease and ease the contradiction between the two sides.

The director took the document handed over by Feng Sizhe calmly and opened it slowly. He had previously held a meeting to assign tasks to several deputy directors and asked them to submit their new work plans, but that was just talk at the meeting. Ask yourself, he always said that, but who actually did it is still unclear. He naturally would not pursue those who did not complete the task well, because it was just a bureaucratic convention, as long as it was acceptable on the surface.

Director Yu certainly didn't expect Feng Sizhe to take this matter seriously and really give him the new year's work plan. Of course, he was still very happy that Feng Sizhe did this, which showed that this young man listened to his words and took it seriously, which showed that he still had a certain authority, which was a good thing.

He coughed lightly to show his authority, and then slowly opened the document. There is a saying in the world that goes, "You don't know until you see it, and you'll be shocked when you see it." Now this saying is really appropriate for this director, because when he saw the title on the document, he couldn't stop coughing, which was originally intended to show his authority.

"What's wrong, Chief? Are you feeling unwell?" Looking at the chief's expression, Feng Sizhe wanted to laugh, but he held it back in the end. It would not be a good thing if such ridicule of the leader were to get out.

"Ah, ah, I'm fine, I'm fine. I just remembered that I have something urgent to do. How about this, Deputy Director Feng, you go back to your office first. I'll talk to you after I finish dealing with the things and reading your document. Is that okay with you?" The director suppressed the shock in his heart and tried his best to persuade Feng Sizhe to leave first.

Why did the director make such a statement? The reason lies in this document. Because what is written in this document is not a trivial matter, but about allowing foreign capital to enter the country to invest and establish banks.

Banks are naturally places where money circulates, and such places of course need to be controlled by the state. But now Feng Sizhe suddenly proposed to build a bank by private individuals. How could the already conservative director of the Financial Bureau not be shocked? He would inevitably lose his composure under shock.

"Okay, Director, I'll go back to my office first." Feng Sizhe stood up and politely left. After leaving the office, he walked towards his office with his head held high. At this moment, he was very confident, because in his previous life, in 1996, the Republic approved the establishment of the first bank invested by a private enterprise. Why was it possible in the previous life but not in this life? For this reason, he had this bold move, and he had already thought about what to do next. Submitting this document today was just the first step he had to take.

As soon as Feng Sizhe returned to the office, Director Yu ran to deliver the information he had just sent to Secretary-General Ding Deren.

Ding Deren is the Deputy Secretary-General of the General Office of the State Council and is specifically in charge of the work of the Financial Bureau. It is reasonable for Director Yu to report to him.

"Secretary Ding, Secretary Ding, please take a look at this document." After pushing the door and entering Ding Deren's office, Director Yu wiped the sweat from his forehead and said this.

"Hey, Old Yu, what's wrong with you? Why are you sweating all over?" Ding Deren was puzzled when he saw that Director Yu, who was always slow at work, was sweating today. However, since this person was not his direct subordinate, he did not ask any more questions and put the document that had just been handed over to him aside. "Okay, I have other things to do now. I will call you after I finish reading the documents."

Generally, superiors only give orders to their subordinates, without explanations. A seasoned official like Director Yu certainly understands this principle, but the matter today is so huge that he cannot afford to be careless or careless, and dares not delay it. So he mustered up the courage to say to Ding Deren, "Secretary Ding, please...please take some time to take a look at the title of this document, just the title."

Director Yu's abnormal behavior made Ding Deren look at him more. What happened to this man today? Looking at his expression, it seemed that something big had happened. What was going on? With confusion and curiosity, he picked up the materials he had just put aside and took a look.

It didn't matter that he looked at it. His expression was almost the same as Director Yu's just now. "Who wrote this? What does it mean?"

Seeing that foreign capital was actually allowed to open banks in the country, Ding Deren couldn't help but be surprised, or shocked. Who is this person? Is he too bold? How could the Republic allow such a thing to happen? This is a tendency to take the capitalist road. Isn't he afraid of taking political responsibility for writing like this?

"Yes... Comrade Feng Sizhe gave it to me. I haven't read it in detail. I... I don't dare to read it." Director Yu spoke the truth. Yes, it was indeed difficult for a conservative like him to absorb the spirit of this material.

"You..." Hearing Director Yu say that he didn't even look at it, Ding Deren pointed at him. He really didn't know what to say. This leader was really terrible. "Okay, you go back first. I will handle this matter as appropriate." Ding Deren waved his hand and let Director Yu leave first.

Director Yu may not read this document, but Ding Deren must. He must see what Feng Sizhe means and what he really thinks. How dare he come up with such an idea? Doesn't he know how far-reaching the influence of this matter is? Doesn't he know how far-reaching the significance of this matter is?

Ding Deren slowly read the article written by Feng Sizhe, not daring to miss a single word. The more he read, the more frightened he became. Especially after he saw that the document mentioned that the lack of private funds could lead to and become the fuse of potential economic and social problems, he was not only frightened. Yes, the country has already reformed and opened up, and is ready to develop the economy in a big way. However, the most basic monetary basis for economic development is indeed lacking. Under such circumstances, how can the pace of economic development be advanced in a big way?

On the one hand, there are good policies that benefit the people, and on the other hand, there is a dilemma of lack of funds. Naturally, private finance, or even underground finance, will become their first choice. Over time, once loopholes appear in such a situation and the connection chain is disconnected, the consequences will be shocking, and it will have some adverse effects on the development and stability of society.

After reading the entire document carefully, Ding Deren went from being incredulous and surprised to accepting it now. Then he stood up and took out a cigarette from the drawer, slowly lit it, and took a deep breath until the cigarette was burned out. Then he reached out and put out the cigarette butt, and turned to Bao Jingguo's office.

Since the reform and opening up, the development of the private economy has always been an important source of China's economic growth. However, China's financial industry, mainly the banking industry, still maintains the absolute dominance of state-owned capital. As time goes by, the state-owned financial monopoly system has increasingly exposed many problems in market efficiency and financing structure, which has attracted the attention of all parties. The corresponding problem is that a large number of small and medium-sized enterprises cannot meet their financing needs through formal financing channels, and are forced to turn to so-called informal financial channels (also known as "underground finance" and "private finance"), thus creating a large number of private hot money outside the formal financial system. Their number is astonishing, and most of them are outside the existing regulatory framework, becoming the fuse of potential economic and social problems.

When Bao Jingguo read this, he nodded in deep understanding. "Well, Comrade Feng Sizhe has a very insightful view of the problem."

"Yes, I also read the article very carefully, and I also feel that his explanation of some issues is very profound and worth our deep consideration." Ding Deren hurriedly spoke well of Feng Sizhe. There was no reason. Ever since he gave up on pursuing his son's responsibility last time, he had a good impression of Feng Sizhe, and this good impression was growing day by day, so that he was now worried that Feng Sizhe would get into trouble.

"Okay, since you agree, I think I should have a good talk with Feng Sizhe. This guy clearly said he would keep a low profile, but how come he did something like this just after New Year's Day? What is he thinking, hahaha." When talking about Feng Sizhe, Bao Jingguo also used a very appreciative tone. But in fact, what he didn't know was that Bao Jingguo had already had an idea about this matter, but he felt that the time was not ripe, especially because he couldn't find a good entry point and who he should trust with the work. For this reason, this matter has not been formed. Now, with Feng Sizhe's proposal, this matter may have a result.

Hearing the leader's tone, Ding Deren felt relieved. He couldn't help but worry about Feng Sizhe just now. He had to admit that his idea was indeed a bit too bold.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like