readx; In less than three days after Chen Jingyun arrived in Shenyang, the development of Northeast China has already achieved tremendous results, the first of which is the development of coal mines and iron mines, and the joint investment of several large domestic enterprises has increased the capital and development of Fushun's coal mines, and obtained a large number of loans provided by Huaxing Bank. Pen % fun % Pavilion www.biquge.info

According to the estimation of the Department of Economic Development, if the main coal mining bases in Northeast China are developed on a large scale, then the coal output in Northeast China will easily exceed 20 million tons, and you must know that the coal output of the whole of China is only about 40 million tons.

As the so-called coal and iron are not separated, when the coal mines in the Northeast have been large-scale financing for development, the iron ore resources in the Northeast have also received a large number of capital investment, and the investment in coal mines is more scattered, the investment in iron ore is more concentrated, and the Anshan Mining Company jointly established by several other large iron mines and iron and steel enterprises in China has obtained a huge amount of more than three million yuan at a time, and this is only the start-up capital, and the Anshan Mining Company will continue to raise funds from the capital market in the future.

If the Northeast wants to develop coal and iron ore on a large scale, then naturally it may not be said that only coal mines and iron mines can be built, and these resources will always need to be used, so the political axe plans to use the original Anshan Iron and Steel Plant invested and built by Benman Iron and Steel to carry out large-scale expansion and build a super-large iron and steel complex, and this company in preparation is also named Anshan Iron and Steel Company.

According to the bidding plan of the Economic Development Department, the initial investment amount of the Anshan Iron and Steel Company, which is still in preparation, is as high as 30 million, and the subsequent second phase of investment will be as high as 20 million depending on the situation. The first two phases of investment alone exceeded 50 million yuan, which was not much weaker than the development of Wuhu iron ore in those years, and was even stronger. Because the Wuhu iron ore development was about 50 million yuan in the total investment of the iron and steel plant and the iron ore, but the Anshan Iron and Steel Company's own investment alone exceeded 50 million yuan, and the Anshan Mining Company, Wuhu Mining Company, and Benxihu Mining Company were used by the Anshan Iron and Steel Company to put it bluntly, and the funds involved in the development plan of the entire Anshan Iron Mine were more than 70 million or 80 million yuan.

Of course, such a huge amount of money is naturally impossible to take out at one time, but divided into multiple phases of investment, first invest a part of the profits, after obtaining profits, while using the company's own profits to expand the scale of production, on the other hand, the investor continues to make additional investment, and the entire development plan will last for more than five years.

However, over the years, the Economic Development Department has realized that the influence of domestic consortiums is too great, so this time it has not taken direct equity investment in Anshan Iron and Steel Company, but has adopted a loan model. Under the leadership of the Economic Development Department, the Mining Department under the Ministry of Industry and Commerce of the Anshan Iron and Steel Company was formally established, accounting for 30 percent, Southeast Iron and Steel Company accounted for 40 percent, Wuhu Iron and Steel Company accounted for 20 percent, and the remaining Anshan Mining Company accounted for the remaining 10 percent.

Of the 30 million yuan needed for the first phase of investment, Huaxia Bank alone provided half of the 15 million yuan, the Bank of Communications, which is controlled by the Ministry of Finance, provided 5 million, the foreign-funded British HSBC Bank provided 6 million, and the remaining 4 million was provided by Citibank of the United States.

Unlike the investment in coal mines and even iron ores, the investors of Anshan Iron and Steel Company are relatively concentrated, and there is no way to do this, because other small investors simply cannot take out so much money to invest, and only those big banks at home and abroad can invest in these mega projects.

From the provision of this loan, it can be seen that Huaxia Bank still plays an irreplaceable role in the development of heavy industry in China, and it is a loan of up to 15 million yuan, which is a force that other banks in China cannot look up to, and even the Bank of Communications, which has developed rapidly in recent years, is far from keeping up with the pace of expansion of Huaxia Bank. Later, he took over the super-large-scale business of paying civil servants' salaries from the Central Bank of China, which made the Bank of Communications so popular.

Although the political axe has not advocated the state's intervention in industrial and economic activities over the years, there are still some areas that need to be invested and controlled by the political axe. For example, in the banking industry, the political axe spent a huge price to get the currency issuance right back from the hands of Huaxia Bank, and then the establishment of the Central Bank of China became a product of financial supervision and ordinary commercial banks, but this model was soon fiercely criticized by domestic economists, believing that such a central bank still violated the most basic principles of financial activities, and the political axe had to split the central bank again and transfer all the business of commercial banks to the Bank of Communications. The rest of China's central bank has become only an institution that acts as a currency issuer and financial regulator. It is more appropriate to say that it is a bank, but it is more appropriate to say that it is an administrative body.

After accepting the business of the central bank's commercial bank, the state-controlled Bank of Communications has developed at a speed like Zhongtian, and is now competing with Huaxing Bank for the position of the third largest bank in China.

However, even with the support of national capital, the Bank of Communications still cannot be compared with Huaxia Bank in terms of financing scale, and the financing scale also represents the strength of the bank, after all, the bank wants to make money, mainly rely on providing loans to enterprises, the stronger the financing ability, the more loans can be provided, the stronger the bank's profitability.

However, this kind of thing has been slowly abandoned by banks such as Huaxia Bank and even Southeast Bank, after all, direct investment in industry not only makes less profit, but also invests too long. And more importantly, the Department of Economic Development has now strictly restricted domestic and foreign banks from directly investing in industries, although it is not a direct ban, but it has also set up many obstacles, from various legal provisions to say that banks can directly invest in the construction of factories and other industries, but in fact, these investment behaviors are very rare to obtain the approval of the Ministry of Industry and Commerce.

Even Huaxia Bank has been much more restrained over the years, in addition to the original holding company, it has only invested in a joint venture with Bethlehem Company in Tangshan Iron and Steel Company for so many years, and this joint venture can be approved by Chen Jingyun himself, otherwise it is really difficult to get approval.

Of course, these are superficial phenomena, and if these banks are determined to get involved in the business industry, there are many ways to do it. However, the consequences of these actions are very serious, China's current consortium monopoly has become very serious, the Department of Economic Development, the Ministry of Finance, the Ministry of Industry and Commerce and a large circle of political officials have dreamed of changing this situation, especially Huaxia Bank monopolized most of China's heavy industry, Southeast Bank monopolized China's main export product raw silk, in addition, the subsidiaries of Southeast Bank and Huaxing Bank together almost monopolized more than 60 percent of the domestic textile market. This situation is absolutely intolerable in the eyes of a large number of economists in China.

It's just that Chen Jingyun has always turned a blind eye to the monopoly of the consortium, and the officials below are also helpless. The reason why Chen Jingyun acquiesced to this situation is because in his opinion, the most important thing in China now is to develop industry, and in this case, an appropriate monopoly is also acceptable, anyway, Chen Jingyun is confident that no matter how the economy is conducted, it will not be out of his control. In China, where the idea of bureaucracy is strong, the monopoly of the consortium will fall apart within a few years without its own acquiescence. So for now, the benefits of consortium monopoly outweigh the disadvantages for China's economy.

Chen Jingyun didn't move, and the officials below were helpless, but although they couldn't move these consortia, it was easy to create some small troubles for them, for example, some of the Anshan Iron and Steel Company bidding, according to the strength of the Southeast Bank and Huaxing Bank in China, it was easy to take out millions of miles to make loans, but they didn't get the opportunity to provide loans, but the two foreign banks got the opportunity to provide loans, and they could only watch the opportunity to make money slip awayLiu Dajun of the Economic Development Department crossed the two banks off the shortlist at the last minute.

Therefore, when it is not a last resort, these domestic banks are honestly making money, and they will not easily touch the mold of the group of economic officials in the Economic Development Department.

In this large-scale development of resources in Northeast China, the domestic financial circles have also honestly followed the plan of the Economic Development Department, and anyway, for them, providing loans to make money is also earning, and direct investment is also making money, and the difference is not big.

In addition to the most important coal and iron ore development, there are other important mineral resources such as copper, gold, zinc and other metal resources. In addition, it is also preparing to carry out comprehensive development of water resources, forest resources, and land resources.

For example, Fule Electric is preparing to invest in the construction of a hydroelectric power station on the Songhua River to provide surging power resources for industrial construction in the vast Northeast region. Of course, the construction of this Fengyuan hydropower station is difficult, and the investment required is also large, and the construction time is expected to take more than ten years, so Fule Electric has also increased the construction of thermal power plants in several important cities in Northeast China.