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Chapter 56 Listing of State-owned Banks

At the end of the game, Lin Ke lost this time. Speaking of chess skills, Lin Ke is not as good as Huang Changjiang, but sometimes Lin Ke can also face one or two games. Perhaps because he can find the pleasure of winning chess and the fun of competing, Huang Changjiang likes to play chess with Lin Ke very much.

As always, Chen Zhihua, Lin Ke and Huang Changjiang's family of three sat in the living room and started chatting after dinner.

"I'm leaving, and I don't know when I will see you two, especially Lin Ke, who can never play chess with you again!" Huang Changjiang took a sip of the hot tea in the cup and said with a smile: "If you have the chance in the future, come to Beijing to see me. After I settle in Beijing, I will give you my address and phone number."

"Mayor, this time you came to the Ministry of Foreign Trade and Economic Cooperation and I don't know which aspect of work you are responsible for?" Lin Ke thought for a while and asked curiously.

"I will do whatever work the central leadership has assigned. Haha, I will obey the distribution!" Huang Changjiang smiled slightly and said, "But I heard that the director of the Asia Department of the Ministry of Foreign Trade and Economics was transferred to the Ministry of Foreign Affairs. At this time, I will join the Ministry of Foreign Affairs and Economics and Economics. I should take over this work, but the position of deputy minister has been decided."

Hearing Huang Changjiang's words, Chen Zhihua and Lin Ke immediately understood that Huang Changjiang would probably be the deputy minister and the director of the Asia Department when he arrived at the Ministry of Foreign Trade and Economic Cooperation. In the current Ministry of Foreign Trade and Economic Cooperation, there are about twenty-one ministries. In addition to one minister, four assistant ministers and seven deputy ministers, there are twenty-one department-level leaders. In the entire system, although Huang Changjiang, the deputy minister, is not the most talkative person, but being able to serve as the director of a department can be regarded as a real power figure. Therefore, from this increase, it can be seen that the "young and promising" Huang Changjiang's future political career can be said to be just in the infancy.

As the saying goes, there are people who are easy to do. Although Chen Zhihua, Lin Ke and Huang Changjiang's interactions are not as utilitarian as they are, they still feel very happy to know that Huang Changjiang's "bright career" is the two of them. After all, there is always someone who can speak in the future if something happens in the future.

"We have had some tensions with Japan recently. Since Mayor, you will be in charge of the work of the Asian Division, the pressure may be great!" Chen Zhihua thought about some recent international news about Koizumi's cabinet and couldn't help but say something.

Huang Changjiang nodded and said, "The work of the two departments of the Asian Division and the US Department is the most important. In particular, the Asian Division needs to deal with many economic and trade issues with our Asian neighbors, which is even more important. The pressure in this regard is indeed great." He paused slightly and said, "Japan has become my country's largest trading partner for seven consecutive years. It is one of the main sources of my country's attracting foreign investment and technology introduction. It is also the country that provides the most government loans and free aid to my country (Note: The above and the following content are from the official website of Xinhuanet. I am just explaining objective facts). But... Alas, since the Koizumi Cabinet came to power, the diplomatic relations between the two countries have become underestimated, which has also affected the trade relations between the two countries!"

Chen Zhihua has also learned about the trade relationship between China and Japan in the past: in 1999, Sino-Japanese trade reversed the sharp decline after 98 years, achieving comprehensive growth, and the total bilateral trade volume hit a record high. In this year, China exceeded Japan for the first time since 1995, with a deficit of more than US$1.3 billion. Japanese companies invested more than US$36 billion in China, and since 1979, the cumulative yen loans reached 2646.137 billion yen, accounting for 50% of foreign loans to China, ranking first. From 1981 to the present, China has received about 112.063 billion yen free aid, which is also the first foreign country to provide free aid to my country.

From this series of data, it can be seen that the trade relations between China and Japan are very important, especially for the current development of our country. However, the political and diplomatic situations of the two countries are not optimistic at this time. Koizumi Cabinet officials visited the Yasukuni Shrine incident many times, which directly affected the bilateral trade relations between China and Japan. The work of the Asian Department, which Huang Changjiang is about to take office, will definitely become very difficult in this regard.

"Japan has been politically dependent on the United States since World War II. The United States has recently put pressure on my country from all aspects, hoping that the RMB can appreciate significantly. At this time, the deficit between China and Japan also makes them think about this. If so, the burden of the Asian Division will be heavier." Huang Changjiang continued, and the worrying smell could be clearly heard from his voice.

"But our RMB exchange rate has been rising recently!" Lin Ke did not understand Chen Zhihua as much as Chen Zhihua said strangely: "Isn't this enough?"

"The annual trade deficit between the United States and us is US$201.626 billion. They hope to make up for this part of the deficit through the appreciation of the RMB, so this little exchange rate rise is far from enough for Americans." Chen Zhihua explained with a smile, "But the speed of China's economic development has been too rapid recently, which has prompted the appreciation of the RMB. It is actually not a good phenomenon, but it is actually a deformed inflation."

"In the recent period, the People's Bank of China will raise interest rates to make certain adjustments to the economic situation." Huang Changjiang, after hearing Chen Zhihua's words, thought for a while, suddenly said this.

"Risk rate hike?" Chen Zhihua's heart suddenly jumped. If interest rates are really raised, it means that the Chinese government is going to slow down the pace of economic development and begin to adjust its structure.

Using the central bank to control the money supply through interest rate hikes and interest rate cuts can indeed achieve the goal of controlling the speed of economic development. This is the most powerful and effective way for the government to interfere in the economy. However, before, most of the problems left over from the planned economy period in China were public or state-owned. This system made the internal personnel of the enterprise have the habit of eating a big pot. Therefore, even if the People's Bank of China raises interest rates or reduces interest rates, it has no effect on these enterprises that are devoted to the public. Therefore, in the past, if the government wanted to interfere in the economy, it could only use administrative hard means, which was macro-control.

Macro-control can indeed suppress the economy that has grown too fast, but it also brings many problems. The most important point is that since macro-control is the government's administrative means, it must be handled by a large number of government officials during the implementation process, and the problem of officials' corruption becomes more and more serious, causing the people to continue to criticize.

With the deepening of China's economic reform, this situation has gradually improved. The Chinese government has begun to use interest rate hikes and interest rate cuts to achieve the goal of controlling economic development. Every interest rate hike will actually reduce the money supply, and the speed of economic development will naturally slow down. At this time, the stock market cannot do without falling.

It was precisely because of this point that Huang Changjiang's casual message immediately made Chen Zhihua keenly realize that this was an opportunity to enter the market, so he had the previous reaction.

However, Chen Zhihua is more concerned about another issue at this time, and said on the surface as if nothing had happened: "I heard that the country is preparing to let several state-owned banks go public, but I wonder if it is right?"

Huang Changjiang's sense of finance is not as keen as Chen Zhihua. After thinking about it, he said without any wits: "Yes, our municipal government has received relevant documents, it will be the second half of this year!"

When Chen Zhihua heard such exact news, his heart immediately jumped up. For him, he saw a great opportunity in an instant.

In China, a country with a splendid culture of five thousand years, frugality can be said to be a virtue of the Chinese. In traditional concepts, most Chinese people like to accumulate money for later use. This has led to the total savings of Chinese residents since the reform and opening up, reaching 14 trillion yuan in 2005. The 14 trillion yuan of residents' savings is like a big tiger in a cage, which can not only support construction, but also impact the incomplete development market. In this case, the Chinese government consciously began to find ways to stimulate consumption of urban residents so that the harm of this big tiger in a cage can be reduced to the market.

Financial derivatives, stock market and other investment projects can stimulate urban residents to take out their savings, especially in the stock market. Not only can residents invest money in enterprises to expand production, but they can also deepen the reform of state-owned enterprises. This is a good way to kill two birds with one stone. However, due to China's unique macro-control, the stock market has been greatly affected by the government's administrative measures. The rapid shrinkage of the stock market in the past two years has reduced the savings of many residents in just a few years. The hidden dangers of the tiger in the cage have been temporarily eliminated, but the investment expectations of residents have also been greatly reduced.

This time the government wants several state-owned banks to go public. If they follow the previous practices, they will definitely use some necessary means to stimulate the rise of the stock market. Only when the stock market gets hot will it be easier to make money. After all, the stock market of these banks is definitely not small. Without certain financial support, listing is just a joke. Therefore, the Chinese stock market will definitely have a huge upward trend in the period from the government's interest rate hike to the listing of several major state-owned banks.

Having figured out this point, Chen Zhihua is already very confident in investing in the Chinese stock market. It can be said that what is in front of him has become a must-earn game.

While Chen Zhihua was thinking about his thoughts silently, Huang Changjiang and Lin Ke talked about something else. Tonight, Chen Zhihua gained a lot. The amount of information revealed by Huang Changjiang in a few words was enough to make Chen Zhihua make a good fortune. In fact, only a person like Chen Zhihua, who is interested, would think of so many things from these two or three sentences.

However, Chen Zhihua still had some doubts at this time, but he didn't know what measures the government would take to stimulate the stock market to heat up. This made him think about it for a long time but had no answer...

"Andy Lau, what are you thinking? So engrossed!" Just as Chen Zhihua was a little confused, Huang Wenwen, who was standing beside him, suddenly asked with a smile: "Do you also want to go to Japan to have a look?"

Chen Zhihua came to his senses and heard Huang Changjiang tell Lin Ke that if he succeeded as the director of the Asia Department of the Ministry of Foreign Trade and Economic Cooperation, he would definitely go to South Korea, North Korea, Japan and other East Asian countries to take a look. No wonder Huang Wenwen would ask himself this.

"No, I'm just thinking, if your dad is not by your side in the future, will you be more wild and lawless?"

When Huang Wenwen heard Chen Zhihua's untrue jokes, he immediately burst out and said, "Otherwise, you can help my dad watch me in the future. If you are willing to play with me for more, I promise you will not be wild."

"Don't, I can't even see myself well, how can I help your dad watch you..."

When he returned to Hong Kong the next day, Chen Zhihua told Zhou Xiangjun and the results he had analyzed to Zhou Xiangjun and others, and then began to arrange investment in the Chinese stock market. In terms of stock selection, they chose several stocks in the metal sector. At the same time, Chen Zhihua chose Wan Ke, Jintian and Shen Zhenhua, who belonged to the real estate sector. Chen Zhihua was very confident that in the real estate sector, the Bohai Rim concept would be a subject worthy of speculation and pursuit. Everything was ready. Now, as long as the People's Bank of China reported a news of interest rate hike, their entry into the market would begin.

The Chinese Lunar New Year is coming soon. Zhou Xiangjun and Liu Xiaoyu both returned to their hometown during the holidays to celebrate the New Year with their parents. Chen Zhihua was very enthusiastic about preparing for the New Year. He helped Qian Zhengke and his wife buy New Year's goods, and then took their grandfather out shopping to buy New Year's clothes. Of course, Chen Zhihua did not forget his beautiful secretary, because she was also an orphan, so he would call her to go with her no matter what she did. Although Anna always kept her cold appearance when she did these things with Chen Zhihua, Chen Zhihua also realized that she was actually not resistant. Cold outside and hot inside were the personality of this beautiful secretary. Chen Zhihua had long been used to it after getting along for so long.

During this warm and happy Chinese year of the Lunar calendar, Chen Zhihua did not realize that enemies had appeared around him. Several hands that wanted to kill him began to slowly reach out...

In the bar filled with countdown cheers everywhere, Liu Qibing tried his best to drink himself. He was completely in a state of no mood to spend the Chinese New Year at this time. Joy was not destined to be with him at this moment, and all he had was resentment.

Since childhood, Liu Qibing felt that he was very outstanding. Not only did he have a good family background, but he was also very smart. He always ranked among the best when he was in school until he was admitted to Guanghua College of Peking University. After graduating from university, Liu Qibing was quickly regarded by the National Reserve Bureau with his extraordinary work ability and extraordinary business level. He was hired as a trader of the National Reserve Bureau. The funds he used to move in his hands every day were over 100 million yuan. His outstanding performance made him full of confidence and pride for himself. There seemed to be nothing in this world that he could not do.

However, at this time when he was full of ambition, he met Zhou Xiangjun. Zhou Xiangjun's beauty deeply fascinated him from the beginning, so that in the following time, he almost devoted all his energy to the pursuit of Zhou Xiangjun. The moon was shining and sunny, and he finally felt the feeling of being frustrated for the first time, because no matter how he showed goodwill to Zhou Xiangjun, Zhou Xiangjun was always unmoved by him, which made him want to get Zhou Xiangjun's yu hope became more and more intense.

The last time he was in a cafe, a moment of impulse made him lose the opportunity to get Zhou Xiangjun's heart forever, and at the same time he created a love rival for himself in that incident. The name of this love rival was Chen Zhihua.

"Chen Zhihua, President of Yuanheng Investment Company..." Liu Qibing has been chanting the three words "Chen Zhihua" many times on this New Year's Eve. Every time he read it, a resentment flashed in his eyes, as if something hurt him deeply.

"Handsome guy, why are you drinking alone here?" Suddenly, a kitsch girl came to him, gently put her hands on Liu Qibing's shoulder, and said in a coquettish way: "What, do you want to treat me to a drink?"

Liu Qibing turned around and looked at the girl with drunken eyes. He saw that the girl looked medium-looking, but she didn't dare to be flattered. Her whole body looked fat and short, like a little sow. This made Liu Qibing wave his hand a bit roughly and said, "Go away, don't bother me!"

The girl saw Liu Qibing drunk and didn't know how to be tactful. Not only did she not walk away, she also reached out and touched Liu Qibing's pocket and said, "Handsome guy, just treat me to a drink!" It seemed that she was actually trying to touch Liu Qibing's wallet.

Although Liu Qibing was drunk, he was not confused. He pushed the girl away with a little slow reaction, and pushed her to the ground, shouting: "Get out of here, what's the matter!"

"Ah Hong, what happened?" There was actually someone behind the girl's name. As soon as she fell, four or five men with air in the air flashed out. The man looked at Liu Qibing first and said, "Brother, you injured my woman, what are you doing? How do you want to solve it?"

"Get out!" Liu Qibing roared, then continued to pick up the cup and drink it.

"Brother, don't be ignorant. Today is the New Year. You can quickly take some money to give us medical expenses. Let's forget it, otherwise... Humph..." The man walked over and patted Liu Qibing on the shoulder, and said in a threatening tone.
Chapter completed!
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