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Chapter 254 Fiscal Crisis

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    The reason why Tan Zhen thinks this way is very simple: the finances are running out of money.

    As for where the money went, of course it was converted into foreign exchange and used to purchase production lines abroad.

    Entering 1985, the most popular thing in China was the resale of imported cars in Leizhou, so that the people of Leizhou often talked about the reselling of one billion people, 900 million people, and another 100 million people still looking for it, which became a buzzword of the year.

    ¡° However, if you look beyond the individual area of ??Leizhou and look at the entire country, you will find that similar economic overheating is not limited to Leizhou, but is happening almost across the country.

    ¡°It¡¯s just that what other places are doing is not an obviously sideline business like reselling imported cars, but they are beginning to introduce complete sets of product production lines from abroad on a large scale.

    There are many reasons for this. Not only did reform and opening up enter a critical window in 1985, but also some developed countries were preparing to transfer low-end manufacturing due to rising labor and technology costs. At the same time, there were also companies like Yonghong Factory that took the lead in introducing foreign production lines to get out of trouble.  , the stimulus to become a model for reform.

    Of course, the Chinese people¡¯s yearning for high technology in developed countries and their eagerness to change the country¡¯s backwardness are also important reasons for large-scale introduction.

    But no matter what, this trend has swept across the country, almost to the point where even a factory without one or two imported projects would be embarrassed to say hello to others.

    For this kind of strategic opportunity to undertake the transfer of manufacturing industries in developed countries, if the country accurately grasps it, it cannot but be said that it will play a decisive role in future development. Especially the coastal manufacturing industry started with this wave of trends, so from a certain perspective  In a sense, the introduction trend in 1985 is of positive significance.

    But it is undeniable that in this process, greed for big things and foreign goods that are not in line with the national conditions; blind introduction without planning, and outsourcing procurement lacking core technologies are everywhere, causing irreparable losses.

    Unfortunately, the province where Huancheng is located has become one of the most common ones, and its craziness is even more radical than that of Yonghong Factory in previous years. From the end of last year to now, the province where Huancheng is located has introduced the slogan "Strong Industrial Province"  2 refrigerator production lines, 4 color TV production lines, 16 suit production lines, 20 canning production lines, and 6 furniture production lines

    ¡°So many production lines are not just given by others, they have to be bought with real money.

    However, the province where Huancheng is located, as an inland province, is not rich to begin with. After spending so much money at once, the finances are naturally tight.

    what to do?  We can only draw blood from sub-level governments like Huancheng and their affiliated state-owned enterprises to supplement their finances.

    Needless to say, Huancheng City, as one of the few financially wealthy regions in the province, was the first to bear the brunt of the fiscal diversion of half of its fiscal revenue.

    As for Tengfei Factory, which uses one factory to support a whole Huancheng City, it has naturally not escaped the financial eye. It directly increased Tengfei Factory's profit turned over by 3% this year.

    This is because Tengfei Factory is a factory that earns foreign exchange through exports and is helpful to make up for the huge foreign exchange deficit in the fiscal year.

    ?Otherwise it will be increased to 30%.

    Of course, factories directly under the ministries and commissions such as Yonghong Factory and Chenggong Factory did not let the finance department take this cut.

    But you can't stand it. The local government changes the law and adds a tax today, a fee tomorrow, and occasional surprise inspections. It makes your head buzz all day long. There is no way. In order to produce with peace of mind, after negotiation, Yonghong Factory  In the name of supporting local construction, He Chenggong Factory each gave 5% of its profits to the local finance, so that they could live in peace.

    After all the calculations, Tengfei Factory has the greatest discounts and the smallest burden. This shows that the finance department really regards Tengfei Factory as its own son.

    There is no way. Tengfei Factory is one of the few factories in the province that earns foreign exchange through exports, and it earns tens of millions of dollars in foreign exchange annually. When foreign exchange flows out due to the large-scale introduction of complete sets of equipment, export-earning enterprises like Tengfei Factory  He is simply a treasure among financial treasures, so he cannot be hurt.

    But what should you do once you lose your export orders and lose the label of earning foreign exchange through exports?

    "Easy to handle, baby, you are still a baby, but the finance and the enterprise are completely reversed. The finance has become the real baby, and the enterprise has become a blood collection bank for blood transfusions. Unless the finance is full, it will not stop at all.

    Some time ago, there was a well-known export-earning foreign exchange factory in a nearby area. Due to poor management, foreign orders were cancelled, resulting in the failure to meet the export-earning foreign exchange quota. Originally, the local government wanted to help, but looking at the poor financial situation, it still gritted its teeth and quit the enterprise.  Nearly half of the profit was cut off, and the company almost stopped production, and it has not recovered yet.

    This is what Tan Zhen is most worried about. As an official from the province who landed in Huancheng City, Tan Zhen is very aware of the moral character of those working in government agencies. He came here with the intention of providing assistance and guidance., Yo~~ Tengfei Factory doesn¡¯t have a single foreign trade order, so what are you waiting for?  Let¡¯s take 40% of the profit first.

    Not to mention that Tengfei Factory¡¯s backbone has been completely broken, its vitality is definitely severely damaged. What¡¯s more important is that this is still the middle of the year, how much will it get by the end of the year?

    If other factories are too lazy to take care of Tan Zhengguan, but Tengfei Factory can't do it, it is the backbone of Huancheng City. To put it bluntly, if Tengfei Factory coughs, everyone in Huancheng City will catch a cold. If Tengfei Factory's vitality is seriously damaged, then Huancheng City  You can't go into shock yet.

    Tan Zhen is a very ambitious official no matter what. He had such a good reputation in his first two terms. When he came to Tengfei Factory, it was in a state of collapse. The common people poked his spine and scolded his mother. He probably couldn't sleep at night.

    But if you go against the will of the finance and act forcefully, that's usually fine. But now that finances are tight and the higher-ups call on you to concentrate your efforts, my small body may not be able to bear it.

    ????????????????????????????????????????????????????????????????????????????????????????????????????? Qiu Dalin from Gaosheng Province was transferred to a Qingshui Yamen idle just because he said a few good words to the company, which shows that he is determined to improve his finances.

    Tan Zhen has some connections in the above, but he is a bit underwhelmed by this determination.

    "what to do?"

    Tan Zhen, who had walked around the office countless times, was helpless, anxious, and scratching his hair

    I don¡¯t know how long this state lasted, and his meticulous hair was scratched into a chicken nest. Only then did he think of a solution that was not a solution, but he still hesitated, but in the end he gritted his teeth and picked up the phone. After the call was connected, he said:  "Xiaozhuang, you should be aware of recent financial matters. I know that Tengfei Factory is currently in a period of transformation and has some operating difficulties. It is normal for it not to achieve its foreign exchange target at the beginning of the year.

    But you also need to understand the difficulties in local finance. After all, there is a huge fiscal gap in the past six months. I think you also know this. Of course, business operations and financial subsidies are opposite but identical contradictions, so Xiaozhuang, I have a  Thoughts, I would like to ask for your opinion.

    ??That is, can you allocate some planned raw materials from Tengfei Factory and put them on the market at an unplanned price? The price difference earned by this can be enough to make up for the financial hole.  "

    "Umthere's no need to do this" Zhuang Jianye's voice sounded surprised and panicked. Tan Zhen's face turned slightly red. It was a bit embarrassing to discuss buying and selling so blatantly, but he still said categorically: "Tengfei Factory.  Stability is the most important thing. If you are afraid of taking responsibility, I will take care of everything."

    "No, boss, it's really not necessary. Our factory has just received an order of US$12 million from American merchants"

    Tan Zhen could no longer hear what he was saying, because he was already buzzing with the $12 million order from Zhuang Jianye

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