Rebirth of the Industrial Tycoon

  Chapter 74 Crazy Earning 200,000

   Happiness 250 sprayed a puff of black smoke and stopped at the door of the bank.

  Li Weidong got off the motorcycle and hurriedly walked to the business hall of the bank.

  The janitor sitting at the door glanced at Li Weidong, and asked, "Young man, have you asked about the exchange rate again?"

   "Yes, let's take a look at the exchange rate of the yen today, uncle, my car is unlocked, help me watch it." Li Weidong said, gave the uncle janitor a cigarette, and then slipped in.

  Since this time, Li Weidong has come to inquire about the yen exchange rate every three to five. He has become a regular customer of the bank. Not only the janitor, but also the salesperson in the bank, he also knows Li Weidong.

  After a while, Li Weidong walked out of it with a smile on his face.

  The uncle had already lit the cigarette, and seeing Li Weidong walking out with a smile, he immediately asked: "Has the yen risen again?"

   "Yes, it has risen again. Now it is 100 yen, which can be exchanged for a six cents." Li Weidong said with a smile.

"One piece and six? Can't you get one piece and five two days ago? It's only a few days now, and 100 yen can be exchanged for an extra money!" The uncle paused, and then asked: "Young man, you can get two dollars in three days. Ran toward the bank and asked the price of yen, how much yen do you have?"

   "Not much, which is 2500 yen." Li Weidong replied with a smile.

  "One piece, six times twenty-five, five, sixty, thirty, two, six, and twelve, it adds up to fifteen, fifteen plus twenty-five, that's forty yuan!" The uncle blurted out.

  Li Weidong was taken aback for a moment. He didn't expect that this uncle could have such a powerful arithmetic ability, and he deserved to be the gatekeeper of the bank.

  In September 1985, the "Plaza Agreement" was signed. In the next three months, the yen appreciated by 20%.

  Li Weidong ran into the bank twice in three days, also to check the yen exchange rate.

  The exchange rate announced by the bank is the official exchange rate, so Li Weidong’s 25 million yen can be exchanged for 400,000 renminbi foreign exchange certificates.

  In the case of direct exchange for RMB on the black market, this number has to be multiplied by thirty-five million yen to exchange for 1.2 million RMB.

  Everything is as expected by Li Weidong, holding the yen in hand and doing nothing, earning 200,000 yuan in three months.

  And in the next three years, the yen will appreciate wildly by 50%. If Li Weidong has not found a suitable project, it is a good plan to continue to hold the yen.

  ……

  Happiness 250 passed a black whirlwind, and brought Li Weidong back to the cargo office.

  As soon as he entered the door of the dispatching department, Luo Bing stuffed a document to Li Weidong.

   "Xiao Li, this is a document that has just been downed by the prefectural committee. Please study it carefully. Our company will implement it in January next year." Luo Bing said.

  Li Weidong took the document and glanced at the content. It was about the reform of state-owned enterprises. The reform of state-owned enterprises mainly promoted the gradual socialization of the tertiary industry of state-owned enterprises.

  In the era of planned economy, both state-owned enterprises and collective enterprises have more or less tertiary industries, and the larger the state-owned enterprises, the larger the tertiary industries and the more complete the tertiary industries.

  The reason why large state-owned enterprises can protect their employees from birth to death depends on the tertiary industry of state-owned enterprises.

For example, if employees need to take a bath, the unit will build a bathing hall; if there is no one in the employee’s family to look after children, the unit will build a kindergarten; if the children of the unit need to go to school, the unit will build a school; if the employee needs to see a doctor, the unit will build a kindergarten. A hospital; if employees need to buy things, the unit will build a supply and marketing cooperative; if employees need clothes, the unit will build a clothing factory.

  Continue to build on this model, those super-large state-owned enterprises will be like a small city with everything from all walks of life.

  Like Qinghe Transportation Company, there are only five or six hundred drivers, but there are thousands of employees because of the existence of the tertiary industry. The employees of the tertiary industry are also formal employees of the enterprise, and even occupy the majority of the enterprise.

  In the era of planned economy, materials are in short supply. In many cases, companies cannot obtain the corresponding materials, so they can only do it themselves and establish a tertiary industry to provide adequate food and clothing to ensure the normal operation of the company. This is understandable.

  After the reform and opening up, many materials can be bought on the market, and many low-efficiency tertiary industries have become a burden to enterprises.

These tertiary industries don’t make money, not to mention, they still need to consume a lot of money every month. Most of the profits obtained by enterprises are subsidized by the tertiary industries, so that enterprises have no money to improve technology and purchase new equipment, and they cannot increase productivity. Enterprises will be dragged down.

  The most basic characteristics of modern enterprises are clear property rights, clear responsibilities, separation of government and enterprises, and scientific management. The existence of the tertiary industry of state-owned enterprises obviously runs counter to it.

  So the socialization of the tertiary industry of state-owned enterprises, and finally the separation of state-owned enterprises from the tertiary industry, has become a must.

  The tertiary industry of state-owned enterprises has existed for so many years. It is obviously impossible to separate state-owned enterprises from the tertiary industry at once. Allowing the tertiary industry to operate independently and to independently calculate the benefits has become the first step in the reform of the tertiary industry of state-owned enterprises.

  In 1986, the tax reform of state-owned enterprises will come to an end. After the tax reform, the distribution relationship between the state and enterprises was fixed through the tax law, and state-owned enterprises gradually got rid of excessive administrative intervention and became economic entities with independent production and operation and self-financing.

According to the regulations after the tax reform, state-owned enterprises need to pay corporate income tax to the state. Medium and large-scale state-owned enterprises must pay 55% corporate income tax. Small enterprises are divided into eight grades based on taxable income. The highest grade is also 55%, and the lowest one. The tax rate for the file is 10%.

  Under this system, if state-owned enterprises and tertiary industries have unified accounting, everyone must pay taxes at the level of 55%.

   is like a transportation company. The freight department can earn 2 million a month. It is no problem to pay income tax according to the level of 55%. Paying tax is still adequate.

  But if the tertiary bathhouse of the transportation company also pays the tax at the level of 55%, wouldn’t it be a big loss!

  In addition, after the profit and tax reform, the tax types have become more detailed. The original industrial and commercial tax has been divided into product tax, value-added tax, business tax and salt tax, which are applicable to different industries.

  For example, companies that directly engage in production should pay product tax and value-added tax as a matter of course.

  It can be used as a bathhouse for this company’s tertiary industry. Nothing is produced. If you pay product tax and value-added tax together with the company, you will lose another 100 million yuan.

  In this case, it is very necessary for state-owned enterprises to independently operate the tertiary industry, independently calculate benefits, and independently pay taxes.

  The independent operation of the tertiary industry will also encounter a problem, that is, losing the shelter of the backer.

  The state-owned enterprises in the planned economy era ensured income from droughts and floods, which also included the tertiary industry. The tertiary workers of state-owned enterprises eat the same big pot of rice, which is also guaranteed by droughts and floods.

  The tertiary industry is operated independently, and the benefits are independently calculated. This big pot of rice becomes a small pot of rice. The economic benefits of the tertiary industry are good. Naturally, the wages are high and the bonus is high, and the economic benefits are not good, so you can only be hungry.

  However, the tertiary industry of state-owned enterprises has long been accustomed to taking advantage of the big trees. Most of the tertiary industry of state-owned enterprises could not adapt to the fierce market competition and eventually went bankrupt.

  In the tide of layoffs from state-owned enterprises, the first workers to be laid off were the employees of the tertiary industry. Even monopoly companies such as electric power and petrochemical companies cannot avoid the lay-off of their employees from the tertiary industry.

  In Li Weidong’s memory, among the many tertiary industries of transportation companies, only four survived. They are the auto repair shop, the canteen at the bus station, the school for the children of the transportation company, and the transportation hospital.

  Schools and hospitals were taken over by the education department and the health department, and became public. The business of auto repair factories is getting more and more prosperous. And the bus station commissary, relying on selling instant noodles with biscuits and ham, on the contrary, has become a treasure of geomantic omen.

   However, in the eyes of Li Weidong, those tertiary industries that have closed down have a lot of potential to be tapped, and he has already set his sights on a goal. .

  "Next year is 1986, the corporate contracting policy will become clear, and I can contract for the third industry by then!"

  Thinking of this, Li Weidong couldn't help but start to laugh, he finally waited for the opportunity to start a business.

  　 The second chapter is delivered. The layout has been so long before, and it is finally about to start a business. Everyone, please take your noble fingers, point a few recommended tickets to pass the pass, thank you for passing the pass!

  (End of this chapter)