Chapter 805: Chatting at the Mother-in-Law’s House!

Chapter 805: Chatting at the Mother-in-Law’s House!

I went to my mother-in-law's house on Sunday and talked with Song Qianli and his brother.

"I have been working at the Ministry of Electronics Industry for four months and have finally sorted out the work there. There are some things to do, but not much. Now it is mainly for the electronic equipment base for the people in Hong Kong.

Deputy Minister Bi is in charge of the southern base, and I am mainly responsible for the base back in Jiucheng. There are so many spare parts factories. Can one phase be completed in eight months? "

“It’s no problem to complete the first phase in eight months, as their first phase is not large in scale.

There are already electronics manufacturers in China, mainly in the south. People in Hong Kong are increasing the production of electronic parts and components. They are familiar with the production of millions of units.

“Can we sell 10 million computers and 15 million cell phones per year in the three northern companies?

This number is the national sales volume last year, plus the 4 million computers and 7 million mobile phones in the south, which is an increase of 5 million over last year... "Song Qianli is worried that they won't be able to sell all the products.

“It’s a minor problem. Last year, we didn’t expand production because there was a shortage of spare parts nationwide.

This year, the north and the south will build production in turn, and products can be produced within four months, which will increase the output of computers and mobile phones.

I have contacted the Americans and Europeans to import mobile phones and computers from China. There is a war going on there, and there is a big shortage of mobile phones and computers.

Their various signal network equipment is still there, but many of their factories were bombed or converted to produce military products.

The gap between the two places is no less than 30 million, which is a very large number.

They use various minerals to purchase computers and mobile phones, and then sell them. How they charge has nothing to do with us.

We are only responsible for bringing the minerals back to the state, and the state will pay them in Chinese currency." Cao Dongfang talked about the transaction.

"The exchange rate between the Eagle Sauce Coin and our currency has reached 1:2. This is the depreciation of the Eagle Sauce Coin. It has depreciated by more than half from 1:5. This speed is not slow.

We are at a disadvantage when trading with the Eagles using currency. "Song Qianguo felt that the depreciation rate was a bit too fast, so it was not cost-effective to trade with currency.

"It's not more than doubled, but more than doubled. We are also depreciating. According to previous calculations, the exchange rate was 85:1 in 7.5. This year it is 1:6.2.

All our trade with other countries is with precious metals and minerals. Unlike physical objects and currency, we don’t suffer much loss.

As for money, if you don’t want it to depreciate too quickly, you can just print it at will. Didn’t Zhu Yuanzhang of the Ming Dynasty print Jiaozi at random?

"Why does the country have to exchange the US dollar with the US dollar at a 1:7.5 ratio? The US dollar is depreciating now. What if they continue to depreciate..." Song Qianguo didn't quite understand this aspect.

"It's not the current 1:7.5 with the Eagle Sauce Coin, but the Eagle Sauce Coin before the war. There are many advantages, especially for foreign trade exports.

After reaching 1:7.5, our currency began to fluctuate slightly at this position, letting foreigners know that our currency is very strong and will not fluctuate greatly.

Currency stability is very important for a country, but there are some things that need to be discussed first." Cao Dongfang replied.

"Foreigners came here in 86. Now Shanghai is building several futures markets and stock exchanges. I wonder if they are ready to open for trading in 86. We can also participate."

“The futures exchange itself is in a state of turmoil. It was attacked six months ago and their losses were huge. It is no longer safe.

The Niu Niu people are choosing a place to go. There are already several industry futures exchanges in Hong Kong, and they believe that their trading scale cannot compare to ours.

It was first built in Shanghai, and then moved back to Niuniu after the war. Our location became a branch and can continue to be used.

As for the opening of stock exchanges, the country plans to open one in Shanghai and one in Shenzhen, between 86 and 88.

You can go to the stock market when you have nothing to do, and make money or lose money for fun." Cao Dongfang said with a smile.

Song Qianguo, "We still don't know how to play the stock market. Some people in our area say that it is better to make money in the stock market than to save it."

"Song Qianguo, you still want to invest in stocks. Aren't you afraid of losing all your money? Don't lose so much money. What do you say about your daughter wanting to apply to the Army Officer Academy?" Song Xianxian had another verbal attack with Song Qianguo.

"I won't act as if you understand. You just understand as I do. Let's not blame each other." Song Qianguo was not convinced.

"If I say you can't do it, then you can't do it. If you want to go up and you're not convinced, let's take out 100 million and compare them. In three years, let's see who earns more." Song Xianxian was provoking Song Qianguo.

"One hundred million is a bit too much. I will also invest in stocks after the stock market opens. Then we can see who makes more money together." My mother-in-law also wants to invest in stocks.

"Is it fun to trade stocks with my uncle? I want to trade stocks too." Think about it and have fun.

"You are still young, and going to college is more important. Dad will go to trade stocks, and the money he earns is yours." Song Qianguo was quite confident.

"Song Qianguo, you can't do this. It's settled. Dad, if you have nothing to do at home, you can go to the stock market." Song Xianxian was still thinking about her father-in-law.

“The stock market is a new industry in China. When the stock market opens, your mother and I will start investing in stocks.

Now you are asking for 1 million yuan at a time, you are really rich, but Qianguo doesn't have that much money. "The father-in-law smiled.

"Mom, why don't you have any money? What do you need the money for?" Song Xianxian thought she was spending money.

“It’s not that we need the money. We spent 100 million to build the building, and only 30 million in cash is left. We won’t have any income until the year after next, and we still have to repay the loan on gold.

The family has never spent any money, and Wenlan and her family don't have any business, so spending a few thousand yuan a month is too much." The mother-in-law explained a few words.

Song Xianxian, "Dongfang, the central business district has been built. When will it be available?"

“We completed the lower floors in November, and people were almost all moving in by May 85.

In the second half of the year, they advertised all over the world to attract investment. If the situation was good, they could collect rent as early as June 86, and if the situation was average, they could collect rent as early as September 6.

It will take more than a year to pay back the bank loan, so they shouldn’t be short of money.” Cao Dongfang briefly explained the situation.

Mother-in-law, "Dongfang, how many floors do people in Gangcheng want to build? Wenlan and I went shopping a few days ago and saw that more than ten floors have been built. The speed is quite fast."

"It seems that the lowest floor is 38, and the highest floor is 68 or 88. It depends on the specific situation. I haven't asked for the details.

There are four buildings there that belong to us. You have two buildings. Jiajia and Yushui each have one building. There are about 50 floors on average. "Cao Dongfang replied.

"The 68th floor is more than 88 meters, and the th floor is almost meters. This building is so high." Song Qianguo was a little surprised.

“It’s not too high. The main building of the World Trade Center in the United States has 110 floors, and the floor height is not three meters. The average height of each floor is no less than four meters.

Xu Wenlan, "It's still quite high. The 14 buildings here seem to be of similar height. They are also building a building at the junction of West City. I wonder how much investment they will make this time."

Cao Dongfang, "Domestic prices are still cheaper, land is cheaper, and there is no border with the sea.

The total investment in the three sites will not exceed 20 billion yuan, and they will be completed within six years. The construction workers include foreigners and people from Gangcheng Company. There is no high-rise building technology in China, so we need to learn it. "

"These people in Gangcheng are really rich. They have acquired a high-tech development zone and invested 110 billion yuan in five years to build an electronics factory." Song Qianli admires them very much.

"There is another 8 billion yuan to build a commercial zone in Chaoyang District, and we also need to invest in highway construction. This project is expensive, and people in Gangcheng have money."

"These require a lot of money. People in Gangcheng are investing all their money and are not afraid of losing it." Song Qianguo is not a businessman.

"They are very insightful and will not lose money here. The investment in Hong Kong City is the largest, no less than 500 billion.

They are also buying minerals everywhere in the world, which is good business. "

“We still can’t compete.”