Chapter 515 Hainan Automobile Takes Si Case

The specific content of the "October Island Duty Free Policy" refers to the implementation of a limited number, limit, limited quantity and variety of import duty-free shopping for passengers who fly off the island (excluding departure) by plane, payment in offshore duty-free shops, and picking up goods in offshore islands in airport isolation areas. Among them, purchases must be completed in offshore duty-free shops. They generally refer to duty-free shops that have the offshore duty-free policy qualifications and implement franchise operations in designated cities.

People are actually not unfamiliar with duty-free shops. After all, every airport with international flights will have duty-free shops of different sizes in the international flight waiting room. As long as you buy goods in it and do not take them out of the waiting hall, you can take goods to the plane with your goods. The customs of the two countries will not repeatedly impose taxes on them. Therefore, after the reform, many tourists from my country traveled abroad for the first time and found that duty-free shops are of high quality and low price. They often purchase goods in airport duty-free shops, sweeping away all the items on the shelves, and making tourists from other countries dumbfounded.

However, according to the arrangements for the construction of the "International Tourism Island", the scope of such duty-free shops far exceeds the scope of the airport. The suggestion proposes that many duty-free shops should be opened in suitable cities such as Haikou and Sanya. In accordance with the airport duty-free shop policy, many luxury goods will be sold for domestic and foreign tourists with limited times, limits, limited quantities and varieties.

This is not a small matter. As we all know, one of the main points of debate in the ongoing "WTOEF negotiations" in my country is to significantly adjust my country's tariff levels, especially the negotiating opponents demand that my country promise to reduce import tariffs on most commodities to the international level after joining the WTO. Now Yang Xing's suggestion is undoubtedly that we have stepped back on the basis of negotiations and opened a hole first. I believe that the leaders of the National Customs and Taxation Bureau will definitely not be able to sleep at night after learning the news.

One of the reasons why Hainan's "Yangpu Fengbo" was attacked was that it wanted to pilot the duty-free zone in Yangpu first and then promote it to the entire Hainan area. Unfortunately, the plan failed midway. However, because of the argument in Yangpu store, Shanghai Zhangjiang Free Trade Zone, Suzhou Industrial Park and other places introduced tax-free policies, the domestic opposition was not much. Yangpu unfortunately became the first unlucky guy to eat crabs but was stuck in his tongue.

So this time, Yang Xing and his friends invested in Yangpu. In addition to giving the policy of exempting tariffs from goods in Yangpu Development Zone, Hainan Province also generously exempted all taxes from the first ten years of investment, and returned all the taxes levied in the ten years of investment to the development zone. However, they did not hear much controversy, which shows that opportunities are really important.

However, the "off-island duty-free policy" is a bit ahead of the curve. my country's attitude towards high-end consumer goods has always been "banned from taxation", which means that imports are prohibited by unknown orders. However, the high tariffs of several times have to be added to make buyers retreat. This is due to the policy of the central government's opposition to the style of luxury and thrift in the early days of the founding of the People's Republic of China and the policy of hard work and the idea of ​​hard work and thrift.

However, in the past twenty years of reform, a large number of invisible wealthy people have been created in China. The growth of wealth naturally makes them want to live a higher-end life. However, if you want to purchase luxury consumer goods in China, you have to pay several times the tax in vain, which makes them feel unfair and resentful. Traveling abroad brought about by opening up is no longer a difficult task.

Therefore, many rich people choose to go abroad, especially in the neighboring Hong Kong, to make overseas purchases, and how to turn overseas travel into overseas purchases has become a compulsory course for tourism companies. And with the development of society, the previously high-ranking bulk goods such as automobiles and consumer electronic products such as imported home appliances and mobile phones have gradually lowered their positions and started to target the middle class with a bulging pocket in China. In recent years, the rampant travel along the coast has led to Cheng Canghai's heavy blows after he came to power. After all, it is really irresistible to make profits several times higher than those of regular channels by car, mobile phone and camera.

Ulanqi and Yang Xing talked about this matter and were very cautious about reporting the "off-island tax exemption policy". After all, Hainan has learned a painful lesson in this regard. They wanted the "International Tourism Island" plan to pass the approval, but of course they were worried about defeat before they were determined to win. Hainan may have indeed placed high hopes from the central government at the beginning and became a key reform center for the country to support. But now the central government's economic focus has shifted to the middle and lower reaches of the Yangtze River and the economic region along the Bohai Bay, as well as the vigorously promoted western development. If Hainan wants to regain its glory, the policy ideas it has come up with must withstand doubts from all walks of life.

Regarding their talk about the failure of Hainan's many reform measures due to the problem of traveling to Hainan, although Yang Xing's secretary participated in the entire process of drafting the "International Tourism Island", he only learned a little from written information about the major traveling to China that caused a sensation across the country. He was not very clear about the ins and outs. Now that the governor of Ulanqi was present, he heard that Yang Xing and he were both moved by this, and he couldn't help but ask about the specific details of the matter curiously.

Regarding the case of the car accident that shocked the whole country in Hainan in 1985 and involved a wide range of involvement, Ulanqi, as the governor of Hainan Province, could certainly understand many unknown inside stories. He used only one word to tell how the upper-level officials in Hainan dared to take the blame and challenge the legal boundaries to make the whole nation go. It was only because they were really "poor" and were afraid.

Hainan's family was too poor at that time. In the early 1980s, before its administrative system was separated from Guangdong, the provincial finance still needed to provide a subsidy of RMB 100 million every year. That's it, Hainan's annual motorized financial resources could be used only 4 million yuan, and it was almost impossible to carry out any basic construction independently.

In the absence of original accumulation, Hainanese people moved to other aspects. At that time, the State Council approved the transfer of a document, "Minutes of Discussion on Accelerating the Development and Construction of Hainan Island", which pointed out: "Hainan administrative regions can approve the import of industrial and agricultural production materials for production and construction as needed; they can use local foreign exchange to import several consumer goods in the Hainan market shortage." However, this "Minutes" clearly stipulate that "the above-mentioned import and export materials and commodities are limited to use and sale within the Hainan administrative region and shall not be transferred to the administrative region."

The leaders of Hainan saw the policy loopholes from this minutes. What they thought of was taking si cars. According to the main leaders at that time, "I imported 13,000 vehicles and resold them to the mainland, and earn 200 million yuan." To everyone expected that once the gate was opened, a approval document could make tens of thousands of yuan by reselling a car. For a time, the whole island fell into a madness, and everyone competed to approve documents and resell cars. In the first half of 1984, Hainan imported only more than 2,000 cars. By July, the district government approved the import of 13,000 cars, 36 times higher than the monthly average in the first half of the year. In just half a year, 872 companies appeared on the island, all heading straight for cars.

In the social environment at that time, the first group to discover this business opportunity and obtain approval documents was undoubtedly those who had power backgrounds. As a result, "debtors with red backgrounds" gathered in Hainan, and even the military was dragged into the water. The navy used warships to replace all the cars with military license plates in the name of defense. After unloading the ship in Zhanjiang, they removed the military license plates and took them back to Hainan for transportation to the second batch. The US satellite discovered that the Chinese side had such a large-scale mobilization and thought there was a major military operation. As a result, it was found that the white reflection on the dock in the satellite photos was caused by imported cars. It was puzzled, and this also became the source of the military's large-scale entry into si activities.

This behavior is obviously not concealed. In early 1985, the Central Committee instructed a large investigation team composed of 102 people from the Central Commission for Discipline Inspection, the Central Military Commission, the National Audit Office and other institutions to enter Hainan. The investigation results were announced soon after, Hainan illegally sold US$570 million in foreign exchange from 21 provinces and cities across the country and 15 central units. The total loans used by companies for imports totaled 4.21 billion yuan, which was 1 billion yuan more than the total industrial and agricultural output value of Hainan in 1984. This is the Hainan Automobile Si case that shocked the whole country.

If Hainan's major automobile case was before Hainan was established, it was familiar to everyone about another major reform mistake after Hainan's establishment. Moreover, Zhongxing International's most profitable company, Xinghua Real Estate, has also made a series of in-depth research reports on this to summarize the lessons.

In early 1992, the spirit of the Southern Tour speech was transmitted from the central government to the whole country. The opinions on accelerating the pace of housing system reform allowed Hainan Province to see a new dawn of development, and Hainan's special zone effect was fully released. Since this is the case, many people have focused on emerging real estate industries with fast capital recovery and abundant interests. In just a few months, more than 20,000 real estate companies emerged on this island with a total of only more than 6 million people.

On average, every 80 people have a real estate company. Of course, these companies cannot build houses. The heat of Hainan's real estate deteriorated rapidly and became an ancient game of "beating the drum" and it was just that they were circulating the land this time. According to data provided by Ulanqi, in 1992, the real estate investment in Hainan Province reached 8.7 billion yuan, accounting for half of the total investment in fixed assets. The real estate development area in Haikou alone reached 8 million square meters, and the land price soared from more than 100,000 yuan/mu in 1991 to more than 6 million yuan/mu. In 988, Hainan's housing price was an average of 1,350 yuan per square meter, and reached a peak of 7,500 yuan/mu in 1993. In just three years, it increased by more than 4 times. Even the Great Leap Forward era when housing prices were liberalized later could not reproduce the madness at that time.

This real estate feast once again attracted the attention of the whole country. After all, just one piece of land can make three or four times the profit. Such profits are simply a pie from the sky. And all kinds of monsters and monsters emerged, and everyone showed that they could bring down the interest groups behind them. Obviously, it is impossible for the funds to rush the land to use their own money. The fastest and best way is undoubtedly bank loans. Therefore, Hainan government, banks, and developers formed a close iron triangle. Real estate developers tried their best to obtain loans from banks. The banks not only acted as drummers and blood transfusion machines for the game, but sometimes they could not help but play the role of a player.
Chapter completed!