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Text Chapter 630 International Practice

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    And this kind of thing is not an exception, but a common practice. It is only after the 1990s that foreign companies and enterprises really spend a lot of money. And two thousand years later, such a thing  It has just reached its peak stage.  It was at that time that the mainland was truly rich. In the previous mainland, everyone had money, but after the mainland's money left the mainland, it did not have much effect because there was no foreign exchange margin in the mainland.  And now, people like Li Mingbao who really invest heavily are definitely a minority among the minority.  Therefore, Li Mingbao's treatment in mainland China is quite top-notch, and it is normal to receive him at the deputy national level.  But Li Mingbao is not too happy about this normal situation, especially for these people, Li Mingbao usually keeps a certain distance.  Except for a limited number of big bosses who will never fall, Li Mingbao respects all big bosses, but he always maintains a proper sense of proportion, does not cross the line, and does not alienate himself. As long as he can do his job well,  Then everything is negotiable.  This approach is not only done by Li Mingbao alone, but also by the real top wealthy people on Hong Kong Island.  It's not that they don't like to make friends with high-level people in mainland China, but the high-level people they make friends with must only be a few pillars. As for other people, they may have friendships, but they don't have too deep friendships, and they are just casual acquaintances.  .  It's not that they don't like to interact, but they understand that people in the political circle who interact too much will not be of much benefit to their careers.  If something unexpected happens, all the previous efforts will be in vain, and it will not be easy to enter the mainland market again.  Only those businessmen at the back who are not strong enough will make friends with ordinary senior executives. Because they do not have the ability to make friends with top executives, they will definitely pay for the repeated politics. Whenever they have the opportunity, they will actually  They don't want to do this, but limited by their strength, if they don't do this, they won't even be able to get any benefits. In desperation, they can only live in fear.  Speaking of these things, it is actually very complicated. Li Mingbao himself is not a talented person who studies mainland politics. The reason why he knows so much is entirely based on his foresight. He can know the changes in mainland politics in the next thirty years, so he can jump  By overcoming some landmines and directly winning, in terms of labor costs, Li Mingbao has a unique advantage compared to ordinary people. This is why Li Mingbao began to involve the mainland market on a large scale when other wealthy people in Hong Kong were still hesitant.  One is because he wants to seize the opportunity, and the other is because he can clearly avoid risks.  This point is completely incomparable to other Hong Kong rich people, and cannot be compared. With such an advantage, Li Mingbao's affairs in the mainland will naturally be unfavorable.  After arriving in Beijing and resting for a night, Li Mingbao immediately contacted the president of the central bank and then talked directly with the president of the central bank.  After all, what he needs to deal with now is a funding problem. It is not impossible for other leaders to solve it, but it will take a lot of twists and turns. It is better to go directly to the governor of the central bank.  Although the president of the central bank seems not to be well-known in the outside world, in fact, the strength of this institution is quite impressive. Even large departments such as the Ministry of Finance sometimes have to listen to the opinions of the central bank. There is no way, who is called?  Is the RMB in mainland China issued by the central bank?  So from a functional point of view, the central bank is definitely a behemoth. It has a low reputation externally, but internally, its level is quite high.  The central bank governor of this era was surnamed Yang, so Li Mingbao usually called him Governor Yang. As for his other positions, although Li Mingbao knew about it, he did not call him by name. After all, when Li Mingbao dealt with him, he usually discussed funding issues.  Other duties have little to do with what Li Mingbao wants to discuss.  "President Yang, this time I came here, but I have prepared sufficient funds, and these funds are only the first investment, and there will be a steady stream of investment in the mainland. As long as the film and television city is not completed in one day, then  My funds will not stop for a day. Regarding my ability to export funds, you can rest assured that I can¡¯t do anything with such a large investment, and there is no need. But there is a problem, I don¡¯t know what Governor Yang is.  Do I still follow international practices? If I follow international practices, then it doesn¡¯t matter to me whether my money is placed in the mainland or abroad. But if the mainland does not follow international practices?  , then maybe there will be some changes in my payment methods. After all, so much money is put into the mainland at once, and there is no international practice, so my investment costs will increase a lot invisibly, even for me.  You can't afford such a loss, don't you think so, President Yang?" In President Yang's office, Li Mingbao sat on the leather sofa and spoke seriously.?President Yang said.  What Li Mingbao calls international practice is about the interest on funds.  For any investment project, it is impossible to put all the funds into the project at once, but to set up a special account in batches.  Moreover, the funds in this account are usually only used to maintain the normal consumption of the project. In such an account, there is usually no surplus money, and it is not even impossible to make a payment every day.  Anyway, as long as the project's funds are not cut off, no matter how the investors handle the funds, it has nothing to do with the outside world.  Li Mingbao¡¯s investment in mainland China did not actually open a special account for project funds. In other words, after Li Mingbao¡¯s money was transferred to the central bank, it can be regarded as project funds.  Generally speaking, project funds will not generate additional income. After all, the money will be used as soon as it is allocated every day. Under such circumstances, how can there be any interest or no interest?  If such a huge amount of funds brought by Li Mingbao are handled according to the project earmarks, then for Li Mingbao, it will undoubtedly increase the construction cost and make his own funds less.  When Li Mingbao was deposited in foreign banks, those funds could bring Li Mingbao a lot of interest every day. If there was no interest at all in the mainland, it would definitely be a loss-making transaction for Li Mingbao.  Although Li Mingbao can negotiate with the mainland on minor issues, with such a large amount of money, problems cannot be solved through negotiation at all.  If Li Mingbao had one billion US dollars in cash and put it in any bank, the interest income brought to him every year would be at least about 100 million US dollars.  ??And if US$100 million is placed in the mainland, it can completely build a large-scale enterprise of considerable scale and generate more income.  Such benefits are no longer a small matter, but a big deal.  So on this issue, it is impossible for Li Mingbao to be careless.  He must determine whether his funds are made in accordance with international practices.  To put it simply, if his funds are placed in the central bank, will they still generate interest? This is the most important question. If it can generate interest, then Li Mingbao will generously put the funds in the central bank.  , it¡¯s nothing at all.  But if the central bank does not generate any interest, then Li Mingbao will definitely not continue to foolishly put money in the central bank as he is now, but will take the money and spin it around to let the mainland understand what Li Mingbao's strength is.  , he has to get most of the money back. Whether it is deposited in Standard Chartered, HSBC, or other banks, it doesn't matter. As long as it is a bank that can get interest, Li Mingbao has achieved his goal.  As for the construction funds of the project, it may be settled once every half a month or once a month, and then the funds will be transferred to the mainland through banks or inter-bank accounts.  There will not be a penny short of funds, but the mainland also should not expect to obtain a large amount of funds from Li Mingbao at once, and then rely on this funds to do other things.  Originally, Li Mingbao and Governor Yang should not have discussed such matters.  After all, everyone understands these issues of international practice, and there is no reason to interfere with such matters.  But it was only after Li Mingbao returned to Hong Kong last time that he thought of this problem. International practices are international practices. Not every industry in mainland China seems to be following such international practices in this era. On the contrary, the vast majority of enterprises and departments in mainland China are following such international practices.  It follows some local regulations in mainland China, and only departments that have been dealing with international affairs will comply with international practices, such as the Ministry of Petroleum.  For institutions like the central bank, Li Mingbao really doesn't know whether they follow international practices.  Regarding Li Mingbao's question, President Yang naturally understood what Li Mingbao was worried about, so after hearing Li Mingbao's words, President Yang said: "These cooperation projects between Mr. Li and our country are extremely important to both of us.  Meaning. In these projects, because the systems we both follow are different, our country does not simply follow Hong Kong¡¯s rules or domestic rules when it comes to these projects that we cooperate with Mr. Li.  Instead, we strictly follow international regulations. This is how our company cooperates with Mr. Li domestically. Please rest assured, Mr. Li.  Since Mr. Li is so open-minded, our country will not take advantage of you, Mr. Li. Regarding the issue of funds, since Mr. Li has put it in our central bank, it is equivalent to a deposit in our central bank, unless Mr. Li takes advantage of you.  The child divides all funds into special accounts. Then according to international practice, special accounts are??Any interest and profit will be generated.  As long as everything is not deposited into a special account, our central bank will definitely act in accordance with international practices.  After all, our central bank does not have no foreign-related business at all. This is not the first time our central bank has done business like Mr. Li. We all understand what kind of rules there should be.  Mr. Li, you don¡¯t have to ask us specifically. If it is not necessary, Mr. Li, you can treat this project as a standard project, and the rules will not be too different.  "
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