Years later, the first Provincial Party Committee Standing Committee meeting in Handong was held.

The main topic of discussion was Linzhou City’s real estate policy.

Each member of the Standing Committee who participated in the meeting had a piece of material placed in front of him.

This is the complaint material submitted by Nanzhu County Party Committee Secretary Zou Hua to the Provincial Party Committee.

Before the meeting, all members of the Standing Committee were reading this material silently, and the entire conference room seemed silent.

After a while, Chen Changming, who was sitting at the head of the table, coughed, interrupting the thoughts of the Standing Committee members.

The Standing Committee members all raised their heads and looked at Chen Changming.

"Everyone has seen it almost, let's start the discussion now..."

Chen Changming scanned the audience with a majestic gaze and said, "This matter is of great importance. I hope that you will not have any worries and try your best to express your truest opinions and opinions!"

As soon as Chen Changming finished speaking, Jiang Wanhe, the deputy governor and director of the Provincial Public Security Department, raised his hands first and said, "Secretary, governor, fellow members of the Standing Committee, I think the materials submitted by Comrade Zou Hua are reasonable and well-founded! The current real estate market in Linzhou The policy is indeed too radical and hides huge risks! It must be corrected, otherwise the situation in the future will be uncontrollable!"

Jiang Wanhe had just finished speaking, and before Chen Changming could speak, Lu Hantian jumped in.

He is the Secretary of the Linzhou Municipal Party Committee. Jiang Wanhe's complete denial of Linzhou's real estate policy is tantamount to giving him a big mouth right from the beginning. Naturally, he can't stand it!

"Vice Governor Jiang's words are a bit alarmist..."

A sneer appeared on the corner of Lu Hantian's mouth, and he retorted mercilessly, "The current real estate development in Linzhou can be said to be very hot, and the situation is great! Linzhou's economy is also developing rapidly driven by the real estate industry, and it will soon reach a new level. A new level! The government's fiscal and tax revenue has increased significantly, real estate companies have also made huge profits, and ordinary people have moved into new houses, improving their living conditions. This is almost a win-win situation where everyone is happy! I really don't know what Vice Governor Jiang mentioned Where do the appalling words like 'huge risk' and 'uncontrollable situation' appear?"

"Secretary Lu, there is no point in us arguing here..."

Facing Lu Hantian's question, Jiang Wanhe's expression remained calm and his tone was very calm, "I just want to ask you a question! Now Linzhou banks provide unsecured loans to real estate developers. If the developers' capital chain is broken and they run away, The loans we borrowed have become bad debts, and the houses that people spent most of their life savings on have become unfinished buildings... If this situation occurs, how should you deal with it?"

"I can only say that Vice Governor Jiang may have misunderstood Linzhou's real estate policy! The policy that banks do not require collateral to provide loans to real estate companies appears to be a disguised way of opening the door to financing for real estate companies. In essence, this is not the case! Because when the government guarantees loans for real estate developers, it will conduct corresponding qualification reviews. It does not mean that all real estate developers can obtain unsecured loans guaranteed by the government! We only select high-quality real estate companies to issue loans. These real estate companies have strong strength and good financial status! There will never be a situation where the capital chain breaks and runs away as you mentioned..."

"Oh, I would like to know how you conduct qualification review of real estate companies? Do you refer to financial data such as debt ratio and cash flow?"

After Jiang Wanhe listened to Lu Hantian's words, a wave of emotion surged up in his originally calm expression. He stared at Lu Hantian with interest, "Also, Comrade Hantian, don't you think what you just said is a little pretentious?" Is it contradictory? Since those real estate companies have strong strength and good financial status and should not be short of money, why do they still apply for unsecured loans? "

"You are making excuses, Comrade Wan He!"

There was a hint of sullenness on Lu Hantian's face, "According to what you said, the purpose of going public is to raise funds! Companies with extremely poor financial conditions, or even insolvency, should be arranged to go public, because they are short of money! And those companies with extremely poor financial conditions should be listed Good leading companies in various industries should not go public because they are not short of money!"

"When we review the qualifications of a company, we refer to all aspects of the company's financial data..."

Lu Hantian then said plausibly, "Each industry has different characteristics, so it is necessary to comprehensively consider the financial parameters of various dimensions..."

“Some food and beverage companies usually have low debt ratios and abundant cash flow! Because food and beverage companies do not need to spend money to acquire land like real estate companies, nor do they need to advance funds to build houses themselves, but also need to be like technology companies. Companies also invest huge amounts of money in scientific research! As long as food and beverage companies have scale and brand effects, they will be able to create stable and continuous profits..."

"But real estate companies are different! To evaluate real estate companies, looking only at debt ratio and cash flow is one-sided and narrow, because the real estate industry already has the industry characteristics of high debt ratio and tight cash flow! This situation is different from some efforts to overcome Technological innovation companies with high-precision technologies are the same. Technological companies often face tight cash flow because they have to invest a lot of money and manpower in scientific research. So why does our country still vigorously support innovative technology companies? Aren’t you afraid that the scientific research results will not come out and the money invested will be wasted?”

"Secretary Lu, you are changing your concept..."

Jiang Wanhe wanted to refute Lu Hantian, but was interrupted by Qi Xia.

"Stop arguing, this is the Standing Committee of the Provincial Party Committee, not a vegetable market!"

Qi Xia took out a stack of documents and said seriously, "There is no meaning in a dispute of words. Facts and data should speak for themselves!"

"You can circulate it. This is what I compiled. Regarding the GDP growth rate and total volume comparison of the provincial capitals Xiangzhou and Linzhou from the first to the fourth quarter of 2021..."

After speaking, Qi Xia distributed the documents to ensure that every member of the Standing Committee participating in the meeting had a copy.

"It can be seen from the data that Xiangzhou's total GDP last year was 835.41 billion yuan, and Linzhou's total GDP was 799.38 billion yuan. The gap in total GDP has further narrowed! Last year, Xiangzhou's GDP growth rate was 9.71 %, while Linzhou City is 9.02%..."

"Whether it is in terms of total GDP or GDP growth rate, the provincial capital Xiangzhou shows signs of being overtaken by Linzhou!"

"The total GDP of Linzhou in the four quarters was 157.22 billion yuan, 163.26 billion yuan, 177.76 billion yuan, and 301.14 billion yuan respectively! From the total GDP data of each quarter, we can see that Linzhou's total GDP increased the largest last year Yes, it was the fourth quarter when the new real estate policy was implemented! The total economic volume reached an astonishing 301.14 billion yuan, a month-on-month increase of 69.4%, a year-on-year increase of 112.33%..."

Facing the slightly surprised eyes of everyone, Qi Xia looked confident and high-spirited, "Facts have proved that the real estate policy implemented in Linzhou can greatly promote economic development and the prosperity of the housing market! It is a correct and efficient development that has been tested in practice. Way! The 'too radical', 'huge risk', 'out of control' and other conclusions you talk about are completely nonsense!"

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