"Dear journalists, welcome to our loan signing ceremony with the railway bureau!"
Zhao Ye stood on the stage and began to speak.
The loan signing ceremony was proposed by Zhao Ye, primarily to demonstrate China's determination to build high-speed rail. Of course, Zhao Ye also had a small, ulterior motive: to let the outside world know that he had loaned the railway bureau one trillion yuan, so that if the government didn't repay the loan in the future, it would be reported by the media.
As the saying goes, "If you want to get rich, build roads first!"
"Recently, my country's independently developed high-speed rail has achieved a major breakthrough. In practical applications, the speed of high-speed rail has reached 350 kilometers per hour."
"Therefore, in response to the national call for high-speed rail construction, I have decided to have Galaxy Bank and Standard Chartered Bank jointly lend one trillion RMB to the railway bureau, thereby accelerating the construction of high-speed rail in our country and benefiting more cities and people!!!"
The reporters were stunned as soon as he finished speaking.
"Did I hear that right? Zhao Ye loaned the National Railway Administration one trillion yuan??? My God, is he that rich?"
High-speed rail projects have been launched in many countries for a long time, but the speed has not been this fast.
The reporters were surprised, but not entirely unsurprising.
On the contrary, Zhao Ye's generous loan of one trillion RMB to China shocked everyone.
Loans of this size are virtually unheard of globally.
"China's ability to independently develop high-speed rail is already impressive enough. A speed of 350 kilometers per hour puts it among the fastest high-speed rail systems internationally. Zhao Ye went even further, making outrageous statements, directly offering a loan of one trillion RMB to the railway bureau. Is he really that amazing? My monthly salary is only three or four thousand RMB; it makes me feel utterly ashamed..."
“Oh my God, this is simply impossible abroad! Even American conglomerates wouldn’t lend the US government so much money to build high-speed rail. Besides, the US basically doesn’t have high-speed rail. Most of the trains still in operation are decades or even centuries old. They’re not only slow but also dilapidated, and hardly anyone wants to ride them anymore…” An American journalist thought enviously.
The speed of 350 kilometers per hour really stunned him.
Compared to this, American trains are simply the epitome of backwardness!
Moreover, American trains are very expensive.
If the United States could produce someone like Zhao Ye, how could the United States not continue its revival!
The American journalist looked at Zhao Ye and couldn't help but feel a mix of emotions.
...
News of the loan signing ceremony quickly spread around the world.
Upon hearing the news, the Chinese public was initially shocked, and then became extremely excited.
All listed steel companies on the A-share market saw their shares rise!
Such tremendous positive news has sent shareholders, investment institutions, and listed companies into a frenzy.
When the news reached overseas, it naturally caused a huge stir.
Australia.
Several mining giants then began to harbor malicious intentions.
BHP Billiton.
Meeting room.
President Ronald Price excitedly addressed the others, "You've all heard the news, right? China is going to build a massive high-speed rail network! The world's richest man, Zhao Ye, alone has loaned the China Railway Corporation one trillion RMB! Ladies and gentlemen, our time to make a fortune has arrived!!! Building high-speed rail requires a huge amount of steel. Even if we only raise the price of iron ore by 1%, we'll make a fortune. In fact, 1% won't satisfy our appetite; it needs to be at least 10%! More than 60% of China's iron ore comes from Australia. With China building high-speed rail, I don't believe they won't buy our iron ore!"
As soon as he finished speaking, the others in the meeting room immediately echoed him, bursting into smug laughter.
"Haha, President Price is absolutely right! If we take this opportunity to raise the price of our iron ore, we'll definitely make a fortune!!!"
"China's economy is developing so fast, it's truly enviable and makes us jealous! This time, we must definitely squeeze some money out of them. Anyway, they're rich, so they probably won't care about this little bit of money, haha..."
BHP Billiton's top management was somewhat complacent. China has always been Australia's largest iron ore trading partner, yet it has absolutely no pricing power over iron ore. These mining companies show no gratitude whatsoever; they are greedy and shameless, constantly finding various reasons to raise iron ore prices. This time was no exception.
At this time, a high-speed rail construction boom has emerged in China, and the previously confirmed high-speed rail route plans have entered the construction phase.
China has a lot of experience in things like building railways.
For the construction of the high-speed railway, the railway bureau specially developed a machine called the CPG500 ballast track laying machine.
This machine is mainly used for laying rails. Its biggest advantage is that it can lay two 500-meter-long rails, each weighing 30 tons, simultaneously. Compared to other tools, it is much faster. Furthermore, while the machine is running, it can also accurately lay 200-kilogram sleepers underneath.
Not only is it very fast, but it also ensures that the distance between adjacent sleepers is 60 centimeters, and that they are arranged quite neatly, which is unimaginable.
Zhao Ye and his entourage visited the construction site of the Beijing-Tianjin Intercity Railway to inspect the progress of the project.
When I saw this CPG500 ballast track laying machine, I finally understood that China's reputation as an "infrastructure powerhouse" was well-deserved!
Previously, the tracks were laid manually, requiring several people to carry each sleeper, which was both time-consuming and laborious.
Now, with this amazing machine, laying railway tracks no longer requires so much manpower. One track-laying machine, paired with seven people, can lay 2,000 meters of track per day—a speed that is truly world-leading!
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
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