The rise of a great power: starting with military industry

Chapter 849 Winter Raid
That year, the Qiongdao Administrative Region of Guangdong Province was abolished, and Qiongdao Province and Qiongdao Special Economic Zone were established.

Qiongdao Province has become the largest special economic zone and the only provincial special economic zone in the country.

Then, countless gold diggers from all over the country flocked to Qiongdao with their dreams in mind, thinking that Qiongdao was another Pengcheng.

Even Qiongdao’s area is much larger than Pengcheng, and its potential will also be much greater than Pengcheng.

A capital feast of passing the parcel by beating the drum has begun.

A huge real estate bubble was created.

Now the housing prices in Qiongdao have risen to a crazy 7500 yuan per square meter, and some properties have even risen to 10000 yuan per square meter.

House prices are the highest among all provinces and cities in the mainland.

At this time, Qiongdao Province, which was at its peak, had more than 600 real estate companies, while the entire province had a population of only more than million.

In this game of passing the parcel, tens of billions of funds have poured into real estate.

In the beginning, some people built houses and wanted to sell them.

But later on, people became more and more daring. They didn't even need to build houses. They could sell them as long as they got the land red line map. Many projects still didn't even have a foundation after changing hands several times.

Although it boosted economic growth, problems also followed.

The bubble will eventually burst. In 1993, unlike what everyone imagined, the housing price in Qiongdao Province would not exceed 15000 yuan per square meter.

Just after the Spring Festival holiday, 16 measures were issued.

Controlling credit, controlling interest rates, and recovering illegal dismantling are all deadly moves.

The higher-ups ordered the presidents of all banks to recover the loans from the "stock market, real estate and development zone boom" as soon as possible within three months, otherwise the presidents will be held accountable for their leadership and personal responsibilities. For long-term deposits and government bonds with a maturity of more than three years, a value-preserving savings policy will be implemented with a zero actual interest rate.

The funds for real estate speculation were drained away, 200 billion yuan of funds fled from Qiongdao Province overnight, and the real estate bubble in Qiongdao burst instantly.

There are more than 600 unfinished buildings in the entire Qiongdao Province, with an area of ​​more than 1600 million square meters, 18834 hectares of idle land, and a capital backlog of 800 billion yuan. 13000% of the 95 real estate companies in Haikou went bankrupt at once.

At the same time, the nationwide housing speculation fever was severely curbed, the real estate market regained its sanity, and housing prices returned to where they should be.

At this time, no expert from the Academy of Social Sciences would jump out and say: Housing prices are too low and are not conducive to young people's struggle!

No one would say that housing prices can only go up and not down, and that ordinary people will suffer the greatest losses if housing prices fall.

Similarly, no expert would say: You can’t afford a house because you are poor and your income cannot match the current housing prices.

Naturally, no expert would suggest that farmers buy houses in the city and drive back to the countryside to farm.

Liu Tao came to Qiongdao. Haikou was obviously warm, but it felt extremely cold.

A large number of people were unlucky and lost all their money.

Only a few people can withdraw in time.

No one who should take responsibility will be left out!
No one can escape if they want to.

Whatever you eat, you have to spit it all out.

This was also Liu Tao's condition. If things went wrong, someone would always be held responsible.

Since it's all rotten, let it rot completely and then clean up the mess.

They couldn't even last a month, and the real estate speculators and real estate companies all went bankrupt.

A team from China Construction Group also came with Liu Tao this time. They checked every house. If it was a shoddy construction, they would tear it down and start over. If it was a good project but was not completed due to lack of funds, they would invest all the funds to continue construction.

In addition, a planning and design team transferred from Hong Kong will re-plan and design the entire Qiong Island.

Travel and shopping!
This is the positioning of Qiongdao Province.

Finance, trade, industry, etc. are all not suitable for Qiongdao.

Because Qiongdao is an island, it has no transportation connection with Guangdong Province.

The solution is simple: build a cross-sea bridge or an undersea tunnel.

However, the construction of bridges and tunnels faces three major difficulties: technical conditions, funding sources, and geographical location.

Building a cross-sea bridge requires a lot of advanced equipment and technology. It is a very complex project, and the difficulty is no less than building a large hydropower station. The width of the Qiongzhou Strait is about 20 kilometers, but the Qiongzhou Strait is terrifyingly deep, with an average water depth of 44 meters and a maximum water depth of 114 meters. It is almost impossible to build a cross-sea bridge in such a deep environment, not to mention the annual typhoons.

As for building an undersea tunnel, it is actually almost impossible, just like building a cross-sea bridge, because there is a trench in the Qiongzhou Strait, and this is one of the earthquake-active zones in my country. It is not far from the junction of the Asia-Pacific plate, and there are frequent seismic activities and small earthquakes.

As for the issue of money, it is secondary.

Therefore, Liu Tao positioned Qiongdao as a tourist destination for tourism and shopping. The main modes of transportation are ferry and aviation.

A high-speed railway station is built on the other side of the Qiongzhou Strait, so that tourists can quickly take a ferry after getting off the station, or fly directly to the airport on Qiongzhou Island.

Now, Qiongdao Province only has one Phoenix International Airport, which is in Sanya.

Although it is called an international airport, in fact, only the first phase of construction has been completed, with a total investment of 14.7 billion yuan. The terminal area is less than 2 square meters, with 2 boarding bridges, 9 parking spaces, and an annual passenger throughput of 150 million, which means that there are 4100 passengers passing through per day. If the number exceeds this, the airport cannot handle it.

And this is obviously not possible.

Liu Tao came here this time to conduct preliminary investigation.

As for taking over, we have to wait until the new batch of people are in place before we can talk about it.

Otherwise, I wouldn’t know who to talk to at this time.

After an inspection, Liu Tao felt more and more that Qiongdao was very suitable for being developed into a tourist destination. Qiongdao is located on the northern edge of the tropics and has a tropical monsoon climate. It is simply a natural greenhouse. There is long summer and no winter here. The annual average temperature is 22 to 27 degrees Celsius. The temperature in the coldest month of January still reaches 17 to 24 degrees Celsius. The winter here is extremely attractive to people from the north, especially the three northeastern provinces.

Not to mention attracting overseas tourists, as long as it can attract tourists from all over the country, or as long as it can attract tourists from the north, it will be enough for the development of Qiongdao Province.

As for industry, due to the lack of transportation conditions, Qiongdao’s industrial path is almost impossible.

However, there is great potential in the fishing industry and port supplies.

Furthermore, because there is no frost all year round and the winter is warm, rice can be harvested three times and vegetables are available all year round, so the development of agriculture and tropical cash crops is more promising.

However, the industry with the greatest development prospects is still tourism, and then the development of shopping, services and other aspects around the tourism industry.

(End of this chapter)