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Chapter 1806

~9 min read 1,762 words

However, this is also very normal. If they really had any good ideas for developing the economy, their county's economy would not be so poor until now.

This is mainly because their knowledge is less, and their concepts are relatively conservative. Therefore, Su Xinghui did not expect them to have a leap-forward progress all at once. It is already very good that this forum can have such an effect now.

Su Xinghui met with all the county magistrates last night. He said everything that needed to be paid attention to when meeting with investors. He said that there were many investors this time, and they were all very sincere about investing in this area, so he asked these county magistrates to compete fairly and civilly. As long as a good investment environment is created, there is no worry about no one investing.

On the contrary, if the investment environment is poor, even if the policies they give are more preferential, other investors will not invest here.

With these words from Su Xinghui, these county magistrates were relatively civilized when promoting their counties today, and the atmosphere was always very warm, but not noisy.

On this day, every county magistrate introduced the situation of their county, and all investors also spoke, introducing what projects they wanted to invest in and how much the investment amount was.

In the afternoon, at the strong request of all county magistrates and district heads, Su Xinghui told them about Changshan County's development experience. At the same time, he also distributed a set of printed materials to everyone present, which detailed the development process of Changshan County in the past year or so in text.

Su Xinghui is a good speaker. His narration is clear, and he explained the development process of Changshan County clearly, and also summarized some universal laws. His words gave these county magistrates, district heads, and investors great inspiration, and thunderous applause would erupt from time to time in the venue.

Changshan County is located in the hinterland of the Tianyue Mountain Range and is also the county with the highest average altitude among these counties and districts. Their development experience naturally has universality in these thirteen counties and districts. It can be said that there are many experiences they can take and use directly.

Many county magistrates and district heads took out notebooks and took notes as if they were having a meeting in their own city. They really felt that Su Xinghui spoke well.

In fact, it is not just a question of whether Su Xinghui speaks well or not. The most critical thing is that Changshan County's economy has had such a huge development in one year, and its GDP has more than doubled in one year. This is a real thing placed in front of them. With such ironclad evidence, how can they not be convinced?

Su Xinghui spoke until after five o'clock in the afternoon, and the things he wanted to say were basically said.

He looked at the time on his wrist and said, "I'm sorry, I wasted so much of your time listening to me talk about these things. Everyone must be hungry, right? Then I announce now, the meeting is adjourned, let's eat!"

The warmest applause erupted under the stage. Everyone was sincerely applauding Su Xinghui's wonderful speech.

Tian Xiaopeng was also applauding with a smile. Although he hated Su Xinghui to the bone, he had to admit that Su Xinghui was truly a genius.

However, the more this was the case, the more he hoped to defeat Su Xinghui with his own hands. Of course, before that, he still needed to learn from Su Xinghui, learn his governing methods, and learning these would benefit him infinitely.

This can also be considered the lesson he learned after his crushing defeat at the hands of Su Xinghui last time.

Tian Xiaopeng's face had a smile, and his eyes were burning with desire for power.

After he became impotent, the desire for power became the greatest pursuit of his life. When he was single-minded, he would become very terrible.

The discussion content of the last day of the forum was mainly to discuss the operation details of the development fund. Some specific terms, especially the relationship between the amount of capital paid and the preferential policies when applying for loan support, all needed to be discussed.

The county magistrates and district heads discussed very warmly. This matter was related to their interests, so they naturally had to discuss it seriously.

Now joining this economic cooperation zone is no longer a problem that needs to be discussed. The problem is how to obtain the greatest benefits. Therefore, there were many scenes where county magistrates and district heads argued until their faces were red and their ears were red at the venue.

Of course, no matter how many disputes there were, the final purpose was to reach a consensus. Therefore, everyone finally reached a consensus. The general terms they reached were as follows:

1. All thirteen counties and districts join the Tianyue Mountain Range Economic Cooperation Zone Development Fund. Each county and district pays an initial capital contribution of one million as a unit, with no upper limit. In the future, capital contributions can be added at any time, with no upper limit;

2. All paid capital contributions will be deposited into a bank account recognized by all counties and districts, and managed and managed by people sent by each county and district together;

3. Counties and districts that join the Tianyue Mountain Range Economic Cooperation Zone Development Fund can apply for loans from the development fund;

4. The conditions for applying for loans are infrastructure construction projects or economic development projects in the county, such as building roads, building bridges, or projects like developing animal husbandry, all of which can receive fund support. Whether the project can pass the application will be judged by all counties and districts together, and if it is recognized by more than half of the counties and districts, it can pass;

5. The more capital paid, the larger the loan amount that can be applied for, and the more preferential the interest rate. This also has specific detailed terms. In short, the lowest level of loans that can be applied for can reach 120% of the capital amount paid by the county, and the highest level can reach 200% of the capital amount paid by the county;

6. The amount of loans applied for from the development fund shall not exceed 20% of the cost of a single project...

Of course, there are other specific terms, but the general terms are as above. These terms made all counties and districts reach a consensus.

Changshan County paid ten million in capital on the spot. Wushui, Dashan, Muyang, Shiyang, and Liulin, four counties and one district, each paid five million. Other counties also paid capital ranging from three million to two million. Finally, the capital paid in the first phase of this development fund reached 52 million.

Don't underestimate this development fund. Although the 50 million capital they have now doesn't count for much, as their economy develops, the capital figure will get bigger and bigger in the future, and they can accumulate very great strength.

When the scale of this development fund reaches several hundred million in the future, and the cumulative capital paid by a certain county reaches tens of millions, the number of loans they can apply for from the development fund may reach over one hundred million. This is considered a very large number, and a big thing can be done. Moreover, the interest rate is much lower than the bank interest rate of the same period, and it occupies a not-so-small advantage in project costs.

As for the interest collected by this development fund, it is mainly used to maintain the operation of this fund. After all, manpower also has costs. If there is a surplus, it will all be rolled into the turnover funds of the fund.

In fact, this interest income is not a small number. The current national regulation is that the annual loan interest rate exceeds 13%, and this is still a short-term loan. The interest rate for loans over one year is higher. Even if the loan interest rate released by this development fund is lower than the national interest rate, the average interest rate will exceed 10%. Based on the principal of 50 million and an average interest rate of 10%, the loan interest recovered every year is 5 million.

Lending money to these county governments and using the county's fiscal revenue as collateral, there is no worry about not being able to recover it. Therefore, the plate of this development fund will definitely get bigger and bigger, eventually becoming a force that cannot be ignored, and can contribute huge strength to the development of the thirteen counties and districts of the Tianyue Mountain Range Economic Cooperation Zone.

Such a development fund is jointly funded and established by thirteen counties and districts. If they want to borrow money, the procedures are much simpler than borrowing from a bank, and the interest rate is much lower than borrowing from a bank. The interest they pay will eventually be included in the capital, and according to the amount of shares, everyone has a share. This is much better than giving money to the bank.

Therefore, talking to here, everyone is happy.

Almost all counties and districts agreed to set up this development fund in Changshan County, which is also easy to understand. Changshan County is basically in the center of the Tianyue Mountain Range, with the most convenient transportation and the most developed economy. Moreover, the capital paid by Changshan County is also the most. If it is not set up here, where can it be set up to make everyone convinced?

Under Su Xinghui's suggestion, everyone also agreed that this development fund will open an account at the Changshan County Agricultural Bank. This is naturally because of Su Xinghui's good relationship with President Tang of the Changshan Agricultural Bank. President Tang gave Su Xinghui a lot of help in the process of developing animal husbandry in Changshan County. At this time, Su Xinghui naturally would not forget him.

Of course, this is still an intentional agreement now. The county magistrates and district heads still have to return to their respective counties and districts and hold meetings to discuss and pass it. After all, this is not a small matter and must be decided by the organization.

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End of Chapter

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