Chapter 671: Exchange of Resources
While waiting, Zhang Qiuhong also explained in detail the personalities of each of them.
Director Zhou has always remained silent.
Deputy Director Zhou is his relative and is also a conservative who doesn't like to take risks.
Financial expert Lao Wu is a person who won't show his eagle until he sees the rabbit.
Director Wang of the Production Coordination Office is concerned about actual production capacity and is easy to talk to.
Section Chief Li of the Political Work Department mainly looks at political influence.
The five people all have their own uses, but it is not easy for them to meet.
Zhang Qiuhong: "It's not easy to ask for money. After all, the financial situation across the country is quite tight. You should try your best."
"Okay, I'll try my best."
Chen Qing was calm and focused.
Mentally simulate possible situations you might encounter.
In the 1970s, she suddenly felt nervous about facing the client.
What if Party A doesn't agree and the factory is short of money?
So you must work hard!
The five leaders arrived and sat down with a slight nod. They had different expressions, but they all looked at Chen Qing with some contempt.
Just a small factory manager.
It's nothing special.
Chen Qing smiled and greeted the five people. Without any empty talk, he got straight to the point: "Hello, leaders. Let me introduce myself first. I am the director of the Guangdong Shengxia Sportswear Factory. The factory's main business is the production of sportswear, and its main income comes from foreign exchange."
The five people looked at her quietly.
Not even a perfunctory nod.
Chen Qing continued, "After we complete this batch of orders, we will have a large amount of foreign exchange income. According to the national policy of 'retaining foreign exchange', our local government can keep a portion of it, but our factory is in urgent need of funds to expand production.
In order to ensure the order is foolproof, we hope to apply for an equivalent short-term loan in RMB from Haishi using the foreseeable foreign exchange retention quota in the future as collateral.
After the order is completed, we will directly repay in foreign currency, or the bank will directly deduct our retention amount."
Anyone who hears the word "borrow money" will look unhappy, and leaders are no exception.
Everyone's face was as gloomy as water.
He stared at her with a serious look.
No one said anything, but the five of them were sitting in a row, and invisible pressure was coming towards Chen Qing.
Chen Qing calmed down and continued, "This loan poses no risk to Shanghai. The money is still circulating within the domestic financial system, but what is being leveraged is the country's stable foreign exchange..."
Director Zhou interrupted her and asked to see her written report.
Chen Qing handed it over respectfully.
She arranged the report well and highlighted the important contents, so the five leaders were able to read it quickly and clearly understand her purpose.
Director Wang thought to himself that the document should be kept as a template!
Look at how the key points are highlighted in other people’s documents.
The written sentences are also comfortable to read.
He reads a pile of reports every day and his head is about to explode.
Director Zhou put down the report and said, "Comrade Chen Qing, we've read your written report. You're young and promising, and you demonstrated the Chinese people's ambition at the Canton Fair. That's great, but your proposal... of a loan secured by future foreign exchange reserves—that's a very bold idea."
Deputy Director Zhou chimed in almost immediately, his tone sharp: "That's not bold, that's wishful thinking! Foreign exchange retention is a state reward for foreign exchange-earning units; it's a result! You're trying to use this 'result', which hasn't even emerged yet, as 'bait' to fish. How does this comply with fiscal discipline? If the foreign exchange isn't earned back in the end, who will be held responsible for this mess? You'll bear political responsibility for this!"
The issue has risen to the level of 'political responsibility'.
The other leaders in the conference room also fell silent.
Chen Qing took a deep breath, leaned forward slightly, and looked at Deputy Director Zhou frankly: "Deputy Director Zhou, you are right. This is indeed unprecedented, but precisely because of this, we need to be brave enough to blaze a new trail for the national interest."
She changed the subject, her tone sharp, "And if this account is wrong, the person most responsible isn't you leaders, but me, Chen Qing! If the order fails, our Shengxia Sportswear Factory will go bankrupt, and I'll be the first to go to jail. You leaders are shouldering the 'supervisory responsibility,' but I'm putting my entire fortune and future on the line!"
Seeing her quick response and her clever way of breaking down and differentiating political responsibilities, the six people nodded secretly in their hearts.
Zhang Qiuhong was satisfied.
Xiaoqing is indeed a girl who can make her own way.
Quick thinking.
Strong mental quality.
Financial expert Old Wu pushed his glasses and spoke slowly, "Director Chen, slogans can't make a living. Even if we agree with your principles, what about the specific plan? You said a 9.2 million order. What's the cost, what's the profit, how much foreign exchange can you keep, how much RMB will you need to borrow, and how will the conversion rate be determined? If you can't explain it clearly, then everything is just empty talk."
"After deducting all costs and the portion coordinated by the superior from the 9.2 million order, our factory expects to obtain approximately US$500,000 in foreign exchange retention. The loan we applied for is RMB 500,000.
According to the internal settlement price, this is completely within the retention quota coverage. We are even willing to accept a lower exchange rate conversion to show our sincerity and risk-taking.
"My leaders, I believe I am not aimless. Foreign exchange has many uses, whether it's for political achievements or foreign machinery. I believe we can mutually benefit from this."
Chen Qing's back gradually straightened.
Director Zhou tapped the table with his fingers.
indeed.
The reason I see her is because I’m after foreign exchange!
But her humble attitude didn't seem to last more than fifteen minutes.
But letting her achieve her goal easily did not seem to be their original intention.
Foreign exchange is required.
But you also have to get more benefits.
"Comrade Chen Qing, your idea is very novel, but it is very difficult to implement."
"I understand. We can discuss the issue again..."
"I have a question for Comrade Chen Qing," Section Chief Li interrupted Chen Qing and asked, "Every province is short of foreign exchange. Why are you looking for cooperation with us?"
Chen Qing: "Because I happened to be on a business trip to Hai City, I wanted to see if I could find new opportunities in the outside world."
Six people: “…”
There is no need to answer so honestly.
Director Zhou didn't see that she was the type to offer benefits, so he didn't agree immediately. "Come back in two days, and we'll discuss how to handle your plan."
"Okay, thank you leaders."
Chen Qing stood up and walked out with Zhang Qiuhong.
After the two got in the car, Zhang Qiuhong said, "You are using foreign exchange to seek cooperation, and your provincial leaders will have opinions."
She thought Chen Qing was just asking for money.
I also want to persuade her not to have such unrealistic ideas.
But she exchanged foreign currency for RMB.
Even if leaders feel that the benefits are not that great, they will eventually be willing to do it as long as they can gain some political achievements.
But this foreign exchange should have belonged to Guangdong Province.
Chen Qing: "No, they are very generous."
(End of this chapter)
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