I'm in the county town, and you say I'm a big shot?

Chapter 638 Just make a phone call

"Yes, Director Jin, you noticed that too?" Fang Qingye asked in return.

“A few days ago, a PhD graduate from overseas in our unit chatted with me while we were having lunch in the company cafeteria. He said that once the Corda platform developed by S3 Company and the R3 CEV established are truly formed, they will pose a huge challenge to our financial industry,” Director Jin said.

"That's what I'm reporting to you leaders today, and one of my companies is also preparing to engage in research and development in this area," Fang Qingye said immediately.

"Zhiyun Technology?" Director Jin asked.

"Yes."

"Hehe, this is great news! You should report it to President Pan right away."

Fang Qingye then introduced R3 CEV and the Corda platform, emphasizing the need for major international banks to build a blockchain-based distributed ledger platform around the Corda platform.

President Pan and several experts listened attentively.

"This is indeed a financial event that we should take seriously. I will report it to Governor Zhou when I get back," Governor Pan said.

"President Fang, could you share some of your insights on this matter?" President Pan asked again.

"The SCP payment system developed by Zhiyun Technology is also based on blockchain technology. After careful research and comparison, we found that SCP and Corda have the same underlying logic, but the focus of their development is different."

Fang Qingye then explained in detail the similarities and differences between SCP and Corda to President Pan.

For a while, Fang Qingye spoke fluently, with Director Jin adding to the discussion, and President Pan frequently interrupting Fang Qingye's report to ask questions.

The group was having a heated discussion, but Director Luo was getting anxious!

Fang Qingye was supposed to give a brief report, but he's been talking for almost two hours and it's still not over!
At 2 p.m., a symposium on financial reform in the Free Trade Zone will be held at the headquarters in Shanghai. Attendees will include leaders from the Free Trade Zone Management Committee, the Municipal Financial Office, the China Banking Regulatory Commission, the China Insurance Regulatory Commission, and other regulatory agencies, as well as leaders from some major banks participating in the FT account pilot program.

Ironically, the leaders of the central bank, the Shanghai headquarters, and the financial affairs office were actually sitting in the hotel discussing this!
Director Luo glanced at his watch, not wanting to interrupt Director Pan, so he could only give Fang Qingye frequent winks.

"Oops." Fang Qingye then realized that they had exceeded the time limit.

"I'm sorry, President Pan, Director Jin, you have a meeting this afternoon. I'm sorry to have taken up your time," Fang Qingye said apologetically.

President Pan glanced at his watch and realized that there really wasn't much time left.

"Alright, that concludes today's report." President Pan seemed to still have some things to say: "President Fang, please compile a report and send it to Director Luo so we can study it carefully when we get back."

“Okay, no problem,” Fang Qingye said.

"Governor Fang, go for it! Our central bank will support you!" After saying that, Governor Pan looked at Director Jin and said, "Director Jin, since you are in Shanghai, you can arrange for someone to communicate with Governor Fang about this issue."

"You know what, President Pan, I was just lamenting the other day, which Chinese company has the determination to develop Corda? I didn't expect President Fang to have already taken action, and they even have this inherent advantage. Don't worry, you can come directly to me if you have any questions!"

"Thank you, Director Jin."

Fang Qingye was overjoyed; she had achieved her goal for the day.

After President Pan and his team left in a hurry, Fang Qingye accompanied the three experts back to the branch to continue their research. The experts asked technical details, so Fang Qingye didn't need to answer them.

Chen Danlu, Gao Pan, and department leaders are available for consultation.

The experts only stayed at the Pudong branch for one day. The following afternoon, they flew back to Yanjing with President Pan and his team, thus concluding the Pudong branch's research activity.

"Everyone has worked hard during this period, so we've arranged for everyone to take turns on vacation," Fang Qingye said with a smile.

Of course, Fang Qingye was also planning to take a few days to rest. She took a car back to her villa, but before she could even sit down properly, her phone rang. Fang Qingye took it out and saw that it was her second uncle, Fang Jianhua, calling, so she answered the call.

"Xiao Ye, how did the central bank leaders' visit to the Pudong branch go?" Fang Jianhua asked over the phone.

"It went very well, and the leaders were very satisfied with our work," Fang Qingye said with a smile.

"That's good. How did your talk with the central bank leaders go? Will they agree to help?" Fang Jianhua asked again. "You mentioned developing a blockchain-based distributed ledger platform, and Governor Pan and the others are very supportive of you, Uncle. How did you know about this?" Fang Qingye asked curiously.

He didn't mention this to Nanxin.

Unexpectedly, Fang Jianhua replied, "What distributed ledger platform? I asked about transferring the value-added tax from the Pudong branch to our Nanxin branch for payment! You promised Secretary Lu and County Head Wang, you haven't forgotten, have you?!"

"Oh dear!" Fang Qingye slapped his forehead.

These past few days I've been thinking about the R3 CEV and Corda so much that I completely forgot about this!

Seeing that Fang Qingye didn't speak on the other end of the phone, Fang Jianhua knew that he and his nephew had made a scene over and over again.

"Hey Xiao Ye, you don't know that Secretary Lu and County Chief Wang have been eagerly awaiting your reply these past few days. How am I supposed to respond to them?"

"Second Uncle, don't worry." Fang Qingye thought for a moment, "I can't tell Director Pan directly, but I can call Director Luo and ask him to help me out, how about that?"

Can some things really be explained clearly over the phone if you don't talk about them face-to-face?

Fang Jianhua thought to himself, but this was the only way.

"Okay, then try making the call."

"Okay, I'll call now. I'll hang up now."

Fang Qingye hung up the phone, thought for a moment, and then dialed Director Luo's number.

At that moment, Director Luo was dragging his suitcase through security and preparing to board the plane when he heard his phone ring. He took it out and saw that it was Fang Qingye calling, so he answered it.

"President Fang, hello, what can I do for you?"

"Oh, this is it." Director Luo listened attentively.

"Yes, I can understand how the county leaders feel."

“Okay, I’ll tell President Pan.”

"You're welcome, goodbye!" Director Luo hung up the phone, glancing at the time—they had been talking for a full six minutes!

He shook his head and put his phone in his pocket.

"Was that Fang Qingye calling? What's the matter that's been going on for so long?" President Pan, sitting next to me in the VIP room, asked curiously.

"A little thing."

Director Luo briefly recounted the contents of the phone call.

President Pan smiled slightly and said, "Heh, Fang Qing is quite good at finding people. This is a matter between the Ministry of Finance and the State Administration of Taxation, and they've come to us."

"It's mainly because the county leaders asked him for help, and he had no choice. The annual value-added tax is several hundred million yuan, which is nothing to Shanghai, but it is still a lot for a county. Moreover, Jinghai Bank will be setting up branches in major cities one after another, so the county leaders want to resolve this matter as soon as possible."

After listening for a moment, President Pan said, "How about this, have them prepare the relevant materials and submit them according to the procedures. Once they reach the ministry, I'll give Minister Lou and Director Wang a heads-up. It's not a big deal."

"Should I send Fang Qingye a text message back?" Director Luo asked.

President Pan nodded.

Director Luo immediately took out his phone and sent a text message to Fang Qingye.

After seeing the message, Fang Qingye replied with a thank you and then dialed her second uncle's phone number: "Director Luo just sent me a text message saying that the county should submit the materials according to the procedure, and once they reach the ministry, we don't need to worry about it anymore."

"It was resolved so quickly?!" Fang Jianhua on the other end of the phone seemed somewhat incredulous.

(End of this chapter)