“Then let me tell you, it really doesn’t cost anything. Look, I hired people to come, which does cost money, but if state-owned factories are willing to open up their supply channels so that families can buy goods together, then people like us will be out of a job.”
"We just exploited a loophole, or you could say a channel. We got goods that others couldn't get, and then wholesaled them to the vendors below. The price was a little higher, but definitely cheaper than state-run department stores. Because their operating costs are many times higher than ours no matter how you calculate it, especially in terms of personnel. They need to pay salaries, while family-run vendors don't need to pay salaries at all. That's an advantage."
...
After listening to Ye Beiping's long and somewhat disorganized explanation, Su Qingwen understood the general meaning.
After all, Ye Beiping was not an orator and had not prepared any materials. He just spoke whatever came to mind, and the policy on small stalls could not be summarized in a few simple sentences.
After understanding, Su Qingwen's eyes lit up: "Beiping, do you mean that if this street vending policy is promoted nationwide, it can solve the current difficulties faced by state-owned factories?"
As an intellectual, he immediately realized that this matter was beneficial to the people.
If these remarks could be published in the newspaper, they might actually save many state-owned factories.
Ye Beiping naturally knew what Su Qingwen's job was, and said with pursed lips, "Dad, don't be too happy yet, this kind of policy is unlikely to be issued by the government."
"Why?" This time, it wasn't just Su Qingwen who asked the question; the other girls also exclaimed in surprise.
Why can't such a good policy be issued?
Ye Beiping thought the men were smart enough that he didn't let them become officials, otherwise they would really be a scourge to the people.
"If the policy is released, the number of street vendors will not be tens of thousands, but millions or even tens of millions."
"Isn't this... even better?" Min Yuehua asked, puzzled.
Su Qingwen immediately understood. Before Ye Beiping could speak, he explained, "Beiping means that if millions or tens of millions of people set up stalls, they might not be able to sell their goods. In that case, the state-owned factories will be saved, but the vendors who source the goods will suffer."
"Is that so?" Min Yuehua and the other girls were still somewhat skeptical.
They didn't consider things from an economic perspective at all.
China doesn't have that kind of spending power right now. If millions of people actually set up stalls, it would be like killing the goose that lays the golden eggs.
It only delayed the survival of state-owned factories.
Since it's a matter of procrastination, why not just take a drastic step? That's what's happening now, with a blanket approach already being implemented.
Ye Beiping then explained in detail: "Dad is right. In fact, many state-owned factories have problems with management. The policy of setting up stalls is not to save a state-owned factory, but to make it realize its mistakes. With this realization, and with people helping them sell their goods, they can go further in the long run."
"If vendors help state-owned factories solve their temporary crisis, but they don't realize their own management or other problems, eventually the vendors will become shrewd and find better state-owned factories to cooperate with, leaving those state-owned factories to go bankrupt and close down."
"I'm not exaggerating. In our country, more than 50 percent of state-owned factories will be unable to survive in the future."
hiss!
Fifty percent.
This number was so alarming that Su Qingwen and Min Yuehua frowned deeply as they spoke.
If so many state-owned factories really go bankrupt, what will happen to the workers?
Su Qingwen and Min Yuehua didn't think so before, but after learning about Ye Beiping's advanced knowledge and abilities, and with the information they had received in the past year, they had already seen some clues.
In Hangzhou alone, more than a dozen state-owned factories have gone out of business and are still in debt to banks.
Bankruptcy is only a matter of time.
Furthermore, the change of leadership last year, reportedly parachuted in, further confirms the determination to reform.
This information was also obtained from Su Qingwen, because due to the nature of his work, he received some information faster than ordinary people.
Ye Beiping found it slightly amusing to see everyone's expressions turn serious, as if they had relatives or friends working in state-owned factories.
If he hadn't been reborn, he wouldn't have believed it either.
But there's nothing we can do; it's the tide of time.
The twenty years that state-owned factory workers have been proud of on this land will surely pass with sweeping reforms.
Fifty percent is an understatement.
He thought for a moment, then said mysteriously, "I suspect that opening up the market to individual businesses is just a signal, and also an opportunity and a reminder to smart people."
Signal?
Chance?
remind?
These three words once again left everyone bewildered.
Su Qingwen, in particular, frowned slightly: "What signal is this? What kind of warning?"
People who haven't specifically studied economics might not understand what signals or warnings this might be.
Of course, Ye Beiping didn't know whether the higher-ups had already planned this out.
In April 1984, the first business license for a private enterprise was issued to an individual business owner.
This is of epoch-making significance.
Ye Beiping speculated mysteriously: "In order to catch up with the pace of developed countries, our country may open up the registration of private enterprises, which means that a large number of private enterprises will emerge in the future to replace those bankrupt state-owned enterprises."
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
Continue read on readnovelmtl.com
