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

Wu Nansheng's gaze lingered on Chen Dong's face for a few seconds, then he smiled with relief, making the air in the small conference room feel a bit more relaxed. He picked up his teacup, took a sip, and said, "Zai Dong, you think further ahead than many people."

"I've also heard financial professors in China mention this 'dollar tide' you mentioned. American capitalists do indeed frequently use this trick, and many countries around the world have been ruined by them in this way. We must learn from their mistakes and not be careless!"

Wu Nansheng lit another cigarette and slowly smoked it, the smoke dissipating under the light. He suddenly asked, "Comrade Zai Dong, the controllability of these measures you mentioned is the top priority, but what exactly does this 'macro-prudential management' you mentioned mean?"

Chen Dong immediately explained to Wu Nansheng, "Simply put, it means dynamically adjusting regulatory policies based on the macroeconomic situation and market conditions."

"For example, when the economy is overheated, we tighten the investment channels for offshore funds, and when the economy is in a downturn, we appropriately loosen them and use offshore funds to support the economy."

Wu Nansheng nodded repeatedly, "That's good, let's make a decision based on the situation, instead of a one-size-fits-all approach."

Chen Dong answered several more questions raised by Wu Nansheng. After discussing the matter for more than an hour in the small conference room, Wu Nansheng said to Chen Dong, "Comrade Zai Dong, your plan is more mature than I expected. When you get back, compile what you have discussed today into a complete report and submit it."

"Okay, Mr. Wu," Chen Dong knew that his suggestion had moved Wu Nansheng. He was just waiting for the central government to negotiate again, and then Tuocheng would be ready for the day when the offshore trading center was completed and the economy took off.

Wu Nansheng smiled with satisfaction and looked at Chen Dong earnestly, saying, "Comrade Zai Dong, the country is currently in dire need of rebuilding, and it is precisely at this time that we need young people like you who dare to take risks and have real talent. Go for it, the Central Committee will support you!"

"Thank you, Mr. Wu!"

After leaving the small conference room and walking down the corridor, Chen Dong finally breathed a sigh of relief. He slowly walked downstairs, where Chen Zaiguang and Chen Zaixing were still smoking and waiting in the lobby. When they saw Chen Dong come down, Chen Zaixing raised his hand to signal that they were over there.

"How did it go?" Chen Zaixing asked Chen Dong as he walked over calmly. Chen Dong shook his head and didn't speak. Instead, he lit a cigarette, exhaled the smoke, and said, "Let's talk in the car."

Chen Zaixing sat in the passenger seat, while Chen Zaiguang and Chen Dong sat in the back seats. After fastening their seatbelts, Secretary Qu Cai steadily started the car, drove out of the municipal government compound, merged into the main road of Haibin Road, and headed towards the cross-sea bridge.

"Ah Dong, I think this Old Wu is really serious," Chen Zaixing said, turning around to Chen Dong in the back seat. Before Chen Dong could say anything, Chen Zaiguang glared at him, "Don't you even look at what you're wearing? Is this the kind of watch you should be wearing in this situation?"

"Forget it, big brother, there's no need to talk about this now. Fifth brother, just be more careful next time. When meeting government officials, you should be more low-key. It's not just about dressing appropriately. Don't wear anything too extravagant. Old Wu and other veteran revolutionaries are very particular about personal frugality and can't stand extravagance," Chen Dong advised.

"Hey! I see," Chen Zaixing said, realizing what Chen Dong meant. "No wonder when Old Wu came to me, he just told me to work hard and be down-to-earth. Did he think I was a spendthrift?"

"If I had known earlier, I wouldn't have worn this watch. I was just being looked down upon by Old Wu for no reason," Chen Zaixing said. He felt that clothes make the man and a saddle makes the horse. If he didn't show that he had some ability, he would be looked down upon when he went out.

This approach always works when he meets people who don't know him. People always notice the shiny gold Rolex on his wrist first, and then Jia Mingzhu subtly introduces him, instantly elevating his status.

Chen Zaixing always secretly rejoiced at the fawning and flattering looks people gave him after they heard he was the CEO of Huaxing Real Estate, but today he was being looked down upon.

"Let's not talk about that anymore," Chen Dong said calmly. "I talked with Mr. Wu today about establishing an offshore financial trading center in Tuocheng. Mr. Wu highly approves of this plan and will strongly promote this project in the central government."

Chen Zaiguang and Chen Zaixing were shocked upon hearing this. They were all too aware of the enormous changes that would occur once the offshore financial trading center proposed by Chen Dong was established in Tuocheng.

This means that Tuocheng will become a city of key concern to the central government. In the future, Tuocheng's status may even be comparable to that of Shanghai, a municipality directly under the central government. At this time, Tuocheng's jurisdiction covers 10900 square kilometers, including the two prefecture-level cities of Fengcheng and Rongcheng. Once the offshore financial trading center is established in Tuocheng, the central government may directly abolish the two prefecture-level administrative cities of Fengcheng and Rongcheng.

The conversion of Tuocheng from a city to a district will expand its future development potential. This is extremely good news for Tuocheng. Once the subway and other transportation systems are fully connected to the entire city, Tuocheng's future development will almost certainly take off.

After hearing Chen Dong's words, Chen Zaixing was so excited that he slapped his thigh repeatedly in the passenger seat, "My God! If this really works out, then our Tuocheng will take off!"

"Ah Dong, this isn't just about finance, it's like you've laid out a massive, towering framework for our Tuo City!"

Chen Zaiguang sat beside him. Although he was equally excited after listening, he was much more composed and thought further ahead than Chen Zaixing. The export business of Guangdong Food Group had been doing well in recent years, but the bottleneck was also obvious. Settlement was entirely dependent on US dollars, which resulted in large exchange rate fluctuations and high financial costs.

If the offshore financial transaction center can be established, his company will be able to settle transactions in RMB directly in Turkmenistan without going through intermediary banks in Hong Kong. This would save him several million RMB a year just in exchange rate losses and transaction fees.

"Youngest brother, keep your voice down," Chen Zaiguang said, his voice still trembling as he tried his best to suppress his inner joy. "This matter is still far from settled, so don't go around saying anything outside. Ah Dong, since Old Wu has given his approval, this matter is basically a done deal. This time, our Chen family is truly going to go down in history."

"That's right," Chen Zaixing thought. He imagined that once Chen Dong had established an offshore financial trading center, he, Chen Zaixing, would be able to convince anyone he was talking to when he was doing business abroad.

My cousin Chen Dong can directly negotiate with the government for a financial trading center project. I, Chen Zaixing, the CEO of Huaxing Real Estate, have the backing of Huasheng Group. What strength do you have to compete with me for this project?

The thought that Tuocheng would really become an offshore financial trading center and that the land prices in the urban redevelopment projects that Huaxing Real Estate Investment participated in would skyrocket made Chen Zaixing almost laugh out loud.