Reborn in the 60s, starting with going to the mountains and countryside

“I know the concerns in your hearts.

We can definitely minimize this risk...

We agree in principle with the plans of Hong Kong Island and Myanmar.

But they are required to start from Ruili and Shenzhen first, and only after the plans in these two places are implemented without any problems will they be allowed to enter other cities..."

The leader finally came up with a compromise solution.

Don't let merchants from Myanmar and Hong Kong spread their wings too wide from the beginning.

If they set the plate too big at the beginning and something goes wrong, it would be their Dragon Kingdom that would suffer.

Therefore, the leaders imposed certain restrictions on them, requiring them to start only from Shenzhen and Ruili.

As long as the plans in Shenzhen and Ruili are completed, Longguo can allow them to enter other cities in Longguo without any worries.

All senior executives had no objection to the leadership's decision.

Even the opposition stopped speaking.

They actually knew very well in their hearts that it would be very difficult to change everything. Having come to this point, they had nothing more to say.

“Now onto the next topic.

The [Longxing Bank] in Hong Kong Island wants to open a branch here. What do you think about this? "

Among the plans submitted together with those from other companies in Hong Kong Island, there was a plan by Longxing Bank to open a branch in Longguo.

The other party’s plan clearly states it.

Companies like New Century Trading Company, Jinghong Clothing, and Shunfeng Shipping are their major customers.

After these companies open branches in Longguo, their overseas transactions will be much more convenient with the support of Longxing Bank.

In addition, Longxing Bank will also provide a batch of loans to these companies.

Correspondingly, [Longxing Bank] came to Longguo and provided Longguo with a deposit to reassure Longguo.

[Longxing Bank] is no stranger to the top leaders of Longguo.

The other party has the right to issue Hong Kong paper.

Its status in Hong Kong Island has now surpassed that of HSBC.

Most of the credit goes to the gold that this bank took out when the American Bretton Woods system collapsed.

It was precisely because of the gold they took out that the Hong Kong dollar did not collapse completely.

Now almost all companies in Hong Kong have accounts in Longxing Bank.

Companies like New Century Trading Company, Jinghong Clothing and Shunfeng Shipping are loyal customers of this bank.

For business-to-business accounts, these companies have always used Longxing Bank.

The companies that have proposed the Dragon Country Plan in Hong Kong are New Century Trading Company and Jinghong Clothing.

The other party also proposed a plan to obtain a loan from Longxing Bank.

They need to rebuild everything in Lailong Country, which requires a lot of funds, and they cannot provide all of it themselves.

Taking out a loan is the best option.

At this time, Longguo can basically only go to the central bank for loans. However, since they are foreign capital, the difficulty can be imagined. Therefore, if they want to get a loan, they can only go to overseas banks.

At this time, [Longxing Bank] is the best choice.

"[Longxing Bank] wants to enter Shenzhen, which I strongly oppose...

Banks are the core of the financial industry, and our own financial industry has not yet been fully established...

If a foreign bank is allowed in at this time, it is very likely to cause immeasurable harm to our financial industry..."

When the opposition heard the leader's question, they immediately expressed their firm opposition.

In their view, letting in foreign banks is like releasing a tiger among the flock of sheep.

The current financial industry in Longguo is quite weak. If foreign banks are allowed in at this time, they will be able to stir up trouble in Longguo, and it is very likely that the already weak financial industry in Longguo will collapse.

"Are you thinking too much? If Longxing Bank comes to Longguo, we will definitely impose restrictions on it. We can't let them do whatever they want...

Our current banks are just doing accounting and not really playing the role of a bank...

I think there is no big problem in introducing [Longxing Bank]...

If we want to open up and reform, we must implement it in all aspects...

Banks should become levers for economic development and technological innovation, and banks should truly be banks...

I think we should not only allow [Longxing Bank] to enter, but also reform the existing banks…”

A pioneer of the reformists, he has very active ideas.

When I heard about [Longxing Bank], I immediately thought of the current banking problems in Longguo.

Just as he said, the current Longguo Bank is just doing accounting and serving as an accountant, but it does not really play the role of a bank.

If you want to develop the economy, you cannot do without banks.

But existing banks are like this, so how can we talk about economic development?

This person's words made everyone fall into deep thought.

They are thinking about the pros and cons of this.

Soon, someone raised his hand to express his agreement.

Everyone is very clear about the current economic situation of Longguo.

It will be meaningless if drastic reforms are not carried out.

"Okay, then we will allow [Longxing Bank] to enter, but we will also restrict it and prevent it from affecting other places...

【Longxing Bank】For the time being, it can only develop business in Shenzhen...

In addition, our own banks must also find ways to reform...”

This kind of thing still needs the leader's final decision.

End of the meeting.

This meeting was not only to discuss the entry of foreign capital, but also to discuss the reform of Longguo Bank.

The capital city agreed to the plan proposed by Hong Kong and Myanmar.

The news was quickly passed to Ma Jingyun and Minhua.

Everyone was not too surprised to see the conditions proposed by Longguo.

After all, Longguo has just started a pilot program of opening up and reform, so it is impossible to take too big a step.

The reason why they came up with such a plan was because Ye Hao asked them to come up with a complete set of plans.

Otherwise, they wouldn't have come up with such a complete plan.

Longguo had just implemented opening-up reforms, so it was certainly impossible for it to accept their plan completely all at once.

What if Longguo accepts it, and something goes wrong on their side, and the plan fails halfway, who will bear the loss?

The Long Kingdom agreed that they could enter Ruili and Shenzhen first, and then expand outward after they have developed well. This is already very good.

At least the other party made a promise, so I don't have to stay in Ruili and Shenzhen forever.

The most surprising thing was that Longguo actually allowed Longxing Bank to enter Longguo.

At first, no one had high hopes for this matter, but in the end the other party actually agreed. How could they not be surprised and delighted?