Countercurrent 1982

Chapter 1642 Huge Shortfall
When Johnson and his party left Shenzhen, Duan Yun personally sent them to the airport.

Although he doesn't know whether this kind of transaction can be reached in the end, Duan Yun is still prepared in advance. In the next few days, he will continue to preside over the research and development of the new heavy-duty truck by the staff of the R&D center. I contacted the SY city government and reported to them the situation of my negotiations with Johnson.

The SY city government has also put in all of its efforts for the Volvo project. The leading team of the municipal party committee temporarily put down their work and warmly received the arrival of Johnson and his party. However, the final result made them very disappointed. Volvo came to Shenyang to invest and set up a factory. Something happened.

To put it bluntly, Volvo believes that it has paid too much capital, and the factory will not be able to start production in the short term. In the next few years, it may not be able to get a return, and it may even lose everything, so Johnson still failed in the end. Agree with the SY city government to set up a joint venture factory.

But now Duan Yun is going to buy Volvo's technology and production line. Duan Yun was reminded.

"You guys have to be prepared, I feel that this Johnson may be a big talker." During the phone call, Duan Yun said to Wu Disheng, mayor of SY City, with a serious tone: "I guess if we want to introduce a full set of Volvo car production lines, At least $5 million or more is needed..."

"5 million US dollars!?" Meng Disheng on the other end of the phone couldn't help saying in surprise.

Although Wu Disheng is not an expert in automobiles, he has also fully understood the situation of the Shanghai Volkswagen Automobile Factory before. They only spent more than 2000 million US dollars to introduce the Shanghai Volkswagen Santana production line, although the purchasing power of the US dollar at that time was much higher than it is now. High, but not as high as 5 million US dollars so outrageous.

"This is not as simple as a car assembly line. It also includes the three major assembly plants of the car, the car's engine, gearbox, and chassis. These all need special manufacturers to produce. It is a complete industrial chain." Duan Yundun After a pause, he continued: "And I plan to buy two production lines this time, one is a car production line, and the other is a Carter production line. The selected models are all Volvo main car products that were very popular in Europe in the 80s. In terms of level, it is on the same level as the Santana sedan produced by Shanghai Volkswagen..."

"Comrade Duan Yun..." Wu Disheng on the other end of the phone was a little embarrassed, and he continued: "Do you know what the concept of 5 million US dollars is? Our country's total foreign exchange reserves are only more than 200 billion US dollars, and only our Liaoning Province Here, the country does not spend more than 10 billion yuan in foreign exchange a year, and so many projects that require money are allocated to our city of Sy, which is tens of millions of dollars, and the city government has to spend 5 million dollars. Introducing foreign projects is simply a fantasy..."

In the early 90s, the country’s foreign exchange management system was still very strict. The foreign exchange obtained by each province’s foreign trade export products must be handed over to the country and converted into equivalent RMB. If Shenyang needs foreign exchange to purchase products from abroad, it must first go through The provincial government's approval, and then the bank's review, can finally issue the money.

Compared with the south where foreign trade and export activities are more frequent, the scale of foreign trade exports in the three northeastern provinces is much smaller, and they cannot keep all foreign exchange in the city like Guangzhou and Shenzhen, so if they want to obtain large amounts of foreign exchange, they can only go through provincial approval by the financial department.

However, the foreign exchange reserves held by Liaoning Province are not much at present, and it is almost impossible for the Sy City government to approve 5 million U.S. dollars in foreign exchange at one time.

"Mayor Wu, I hope you can understand that if we can introduce these two production lines, it will bring us Shenyang very considerable jobs and tax revenue." Duan Yun paused, and then said: "The entire Volvo production line includes other The auto parts supporting enterprises in China can bring at least 10,000+ jobs, and I am confident that this model can be sold well in China and bring prosperity to our city of SY that lasts for several years or even ten years..."

"Xiao Duan, I understand what you mean, but 5 million US dollars is too much, this is simply impossible..."

"Mayor Wu, in fact, you don't need to pay so much money. I am also a shareholder of Jinbei Automobile Factory. According to the shares, I can also pay nearly half of the foreign exchange. In addition, if foreign exchange is difficult, we have a foreign exchange market here in Shenzhen. Let us It can be directly exchanged with RMB..." Duan Yun said.

At present, a large part of China's foreign exchange reserves has flowed into the private sector, especially in Shenzhen. As early as the 80s, the black market exchange of foreign exchange was already very rampant. Later, a foreign exchange exchange was established in SZ City to transfer all Foreign exchange transactions are standardized, but the price is higher than the country's foreign exchange rate.

As long as there are enough renminbi, tens of millions or even hundreds of millions of dollars in foreign exchange reserves can be exchanged in the Shenzhen foreign exchange market. These foreign exchange reserves are basically obtained by some domestic state-owned enterprises including BJ, or some relevant departments, through gray channels The amount of people entering the Shenzhen foreign exchange trading market is huge.

"This..." Hearing what Duan Yun said, Wu Disheng on the other end of the phone fell into a brief thought, and said after a while: "So have you got the information on the Volvo car production line?"

"No, I'm still waiting for Volvo's quotation. Their president told me that they will reply to me as soon as possible. I think there should be news in half a month at most." Duan Yun said.

"Then let's talk about it after they make an offer." Wu Disheng pondered for a while, and then said: "After you get the relevant materials, you should send them to Shenyang as soon as possible. I need to write relevant application reports and submit them to my superiors for review and approval."

"I understand. I will go to Shenyang immediately when the quotation and related materials are in place. Then we will study in person." Duan Yun said.

"Thank you for your hard work. Remember to call me before you come to Shenyang, that's all." After Wu Disheng finished speaking, he hung up the phone.

After Duan Yun put down the phone, he was also lost in thought.

He feels that the introduction of the Volvo production line will have a lot of variables. Even if it only needs to share half of the funds, the amount of [-] to [-] million US dollars is really too big, and it will be very difficult for the SY city government to approve the application.

(End of this chapter)