Returning wealthy individuals develop their hometowns and become rich in the 1980s

"China is currently planning for its re-entry into the WTO, and everything you've mentioned will need to be considered comprehensively in the future!"

Chen Dong was somewhat surprised. He knew that China applied to rejoin the WTO in 1986, but he did not expect that the Chinese government had already begun to prepare for the relevant matters at the end of 1982.

The so-called "re-entry into GATT" refers to the fact that in 1948, the Republic of China government signed the General Agreement on Tariffs and Trade (GATT) and became one of the 23 founding contracting parties of GATT. Shortly after the founding of the People's Republic of China in 49, in order to avoid the GATT agreement he signed benefiting the new China, the Kuomintang unilaterally withdrew from GATT as an illegitimate regime.

As the only legitimate government in all of China, the agreement unilaterally withdrawn by the puppet regime was not accepted by the Chinese government. Coupled with the obstruction of forces mainly from Western countries such as America, China had long interrupted normal trade relations with Western countries.

With the international situation gradually becoming clearer, the Chinese government is carrying out comprehensive economic reforms, which will inevitably require its products to go global and become compatible with international standards. Naturally, this necessitates restoring China's legitimate status in the General Agreement on Tariffs and Trade (GATT).

With the founding of the new China, the older generation of revolutionary fighters, including teachers, were able to say no to those treaty clauses that were detrimental to China, while naturally inheriting those that were beneficial to China.

Huang Bin paused, looking at the busy workers and engineers around him, and continued, "The higher-ups have high hopes for your Xiaochi Motors. The Ministry of Industry has also given Xiaochi Motors a priority, and your compensation is the same as that of FAW, Dongfeng, and Shanghai Automotive!"

"Zai Dong, the ministry hopes that you can transfer some of the technology from your Xiaochi Motors to the three car manufacturers as much as possible. After all, one flower blooming alone doesn't make a spring!"

"Of course, the government will also provide corresponding support for your efforts at Xiaochi Motors. In the future, once your Xiaochi vehicles are produced, they will be included in the government's official vehicle procurement list without any obstacles. This is what I, as the Minister of Industry, can guarantee you!"

Chen Dong smiled but didn't respond to that. Instead, he stepped aside to lead the way, saying, "Old Huang, I understand what you mean. Let's continue. The final assembly workshop is up ahead, and they've already started trial assembly over there."

"Okay," Huang Bin said, noticing that Chen Dong hadn't given his opinion in person. His gaze was both approving and serious.

This young man was not the kind of person who was easily swayed by a few grand pronouncements; he was talking about business, patents, and international rules.

This made Huang Bin feel both troubled and somewhat gratified; this was the kind of person who could compete with international giants.

In the final assembly workshop, a long production line has been basically installed, and workers are doing final adjustments. Several quality inspectors in white work clothes are around a newly assembled engine, carefully testing it with various instruments.

Huang Bin walked up to the engine, bent down to examine it closely for a while, and asked Chen Dong, "Did you build this yourself?"

"Yes, the first domestically produced Leapmotor Type 1 engine," Chen Dong said calmly, but his words carried great weight. "The cylinder block, cylinder head, crankshaft, and connecting rods are all produced by our own OEM factories. The piston rings, fuel injectors, and electronic control units still rely on imports. Once the OEM factories catch up with the technology next year, the localization rate can reach 70%."

Huang Bin straightened up and couldn't help but exclaim, "Incredible! Your Xiaochi Motors is incredible!"

He turned to the officials from the State Planning Commission and the State Economic Commission behind him, raising his voice slightly, "Look at this, all of you! This is the automobile industry that China has always dreamed of owning. It's not just assembly; it's truly made by ourselves! From engines to transmissions, from stamping to final assembly, it's the complete system!"

"Look at them, they finished it from scratch in just nine months," Huang Bin said, his face showing some excitement and disappointment towards the Ministry of Industry officials who had come with him. "Look at their efficiency!"

"Zai Dong, could you ask them to start the engine and see how it's running?"

"Sure, this is part of the testing process." Chen Dong naturally wouldn't refuse Huang Bin's request. In fact, he also wanted to see how the engine designed for him by the system actually worked.

Chen Dong waved to workshop supervisor Xiao Li and called out, "Supervisor Li, connect this engine to the test platform and start it up to show the leaders!"

The supervisor, Xiao Li, responded and immediately called over a few colleagues. The group quickly hoisted the engine onto the test bench, connected the fuel system, electrical system, and cooling system, and checked all the interfaces again. After confirming everything was correct, Xiao Li ran over to ask, "Mr. Chen, we can start it now!"

Chen Dong gestured for Huang Bin to press the start button, saying, "Mr. Huang, please press the start button for the first prototype test run!"

"Hey! No way, I'm just here to learn and observe, not to steal the spotlight. You're the boss of Xiaochi Motors," Huang Bin laughed and waved his hands repeatedly to indicate that he wouldn't allow it.

Seeing that Huang Bin refused, Chen Dong smiled and walked to the start button. After taking a deep breath, he pressed the start button heavily.

"Buzz...!"

As Chen Dong pressed the start button, the Leapmotor Model 1 engine on the test platform immediately roared and started instantly without any delay or obstruction.

The tachometer needle jumped rapidly, from zero to one thousand, then to two thousand, and finally stabilized at around two thousand five hundred revolutions per minute. Chen Dong listened closely to the smooth sound of the engine running, which was deep and powerful, without any noise or vibration. He couldn't help but nod in approval.

Huang Bin and the other cadres all stared intently at the running engine, their expressions shifting from anticipation to surprise, and then from surprise to shock.

Even Hans and Samor, who were teaching, stopped what they were doing and came over to watch when they heard the engine roaring from the test platform.

"Excellent!" Huang Bin exclaimed excitedly, turning to the cadres behind him and saying, "Listen to that voice, how steady and powerful it is!"

Supervisor Li and the others clenched their fists excitedly. Seeing Chen Dong turn around with a smile, Supervisor Li shouted loudly to Chen Dong, "Mr. Chen, all the data is normal, the engine is running smoothly, we succeeded!"

"This is the first V8 engine this Snapdragon Motors has ever manufactured!"

"Speedy Motors!"

"Speedy Motors!"

"Speedy Motors!"

The workers and engineers in the workshop all clenched their fists and shouted, cheering for the name "Xiaochi Motors." They knew that their hard work over the past few months was about to bear fruit!

The workers rushed toward the beaming Chen Dong, lifted him up and tossed him into the air, shouting "Whoa whoa!" Huang Bin, Zhou Haimin and the other cadres all clapped and laughed.

The successful test run of Xiaochi Motors' engine signifies an accelerated pace of project progress, ushering in a new and brand-new chapter for Tuocheng's economy and China's automotive industry!