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

"Don't rush to say those things, Comrade Dewin!"

Zhou Haimin's face hardened, and he said to Lin Deying, "Nanshan County has finally seen a glimmer of hope. We local cadres and leaders must set a good example!"

"The municipal party committee and government attach great importance to the joint venture factory in Lianzhai Village, Jiping Commune, Nanshan County. Regarding the land acquisition for the highway, I will have Comrade Hong Quan contact you then. The procedures must be legal and compliant!"

"Regarding the issue of jurisdiction over Jiping Commune, I can tell you clearly, Comrade Deying, Jiping Commune now and in the future belongs to your Nanshan County. I can guarantee that!"

"The central government document mentions that we should vigorously develop the local economy, improve the local business environment, and attract high-quality foreign investment to invest and set up factories in China."

"When it comes to policy matters, there are no small things; policies cannot be changed arbitrarily!"

Lin Deying nodded repeatedly at Zhou Haimin's words, almost taking out his notebook from his briefcase to take notes. When he came, he was thinking about how to persuade Zhou Haimin, the municipal party secretary, to prevent Zhaoyang County from interfering in the affairs of Jiping Commune.

But after listening to Zhou Haimin's words, Lin Deying felt much more at ease. Just as Secretary Zhou Haimin said, policies cannot be changed arbitrarily. What policies need is stability, not small changes today and big changes tomorrow.

Unlike America, China has a history of political lies, with each administration making grand pronouncements during elections but abandoning them once in power.

The Chinese government is responsible to the people. Its words and actions must be grounded in reality and cannot be misleading or deceptive.

"Secretary, you are right. I will definitely follow your instructions and earnestly implement all the investment work related to Comrade Chen Dong," Lin Deying assured him directly, indicating his determination to handle this important matter of setting up a factory in Lianzhai, which is beneficial to Nanshan County.

"Well, Comrade Deying, I'll have to go to Lianzhai myself to check on your work," Zhou Haimin said with a smile.

"Secretary, Nanshan County welcomes you to visit and provide guidance at any time!"

Zhou Haimin asked Lin Deying with a smile, "Comrade Deying, Comrade Hong Quan came to talk to me, but he didn't discuss Comrade Chen Zaidong's matter in detail. Can you tell me how much Comrade Chen Zaidong will invest in your Nanshan County?"

Lin Deying was taken aback. Hong Quan, the secretary of the Zhaoyang County Party Committee, hadn't mentioned Chen Dong's $100 million investment. Was he unaware of it, or was he deliberately keeping it a secret?

Lin Deying was startled. Could it be that Zhou Haimin, the municipal party secretary, was deliberately waiting for him here? What if things suddenly changed when he mentioned that Chen Dong planned to invest 100 million US dollars?

Lin Deying was conflicted, but he couldn't keep quiet. The truth would eventually come out, and Zhou Haimin, the municipal party secretary, would find out sooner or later. Moreover, if he wanted to know, a simple check would reveal the application documents of Guangdong Company at the Industry and Commerce Bureau.

Moreover, if Chen Dong wants to convert his 100 million US dollars into Chinese yuan and invest it in Nanshan County, then Secretary Zhou Haimin in front of him needs to go to the provincial government to mediate and have the provincial government put in a good word with the Foreign Investment Commission. At that time, the specific amount will also need to be stated.

Lin Deying gritted his teeth and said directly, "Secretary, according to my communication with Comrade Chen Zaidong, he has confirmed that he will initially invest 100 million US dollars as start-up costs for the construction of facilities such as factories, roads, and power plants!"

After hearing this, Zhou Haimin was taken aback, looked at Lin Deying again, and asked, "How much?"

"The initial investment is one hundred million US dollars!"

"Hehe, no wonder," Zhou Haimin chuckled and shook his head. "No wonder Comrade Hong Quan was so eager to come and bring up the issue of the ownership of Jiping Commune again. It turns out it's such a large investment!"

"Don't even mention Zhaoyang County, even I, the municipal party secretary, am somewhat tempted after hearing about it," Zhou Haimin joked, looking at Lin Deying.

"No, Secretary," Lin Deying said with a wry smile, "You just promised that Jiping Commune will always belong to Nanshan County!"

Seeing Lin Deying's bitter expression, Zhou Haimin pointed at him and laughed, "You guys, one by one, are trying to play tricks on your old leader."

"It's fortunate that Comrade Chen Zaidong planned to build a highway leading to the city; otherwise, with such a huge investment, Nanshan County would have become incredibly bloated!"

Lin Deying could only smile and dare not reply. Zhou Haimin shook his head and said, "Alright, now that things have been settled and the construction equipment has been transported to Lianzhai, when does Comrade Chen Zaidong plan to start construction?"

"After all, such a large investment, the sooner it is implemented, the better it will be for the local economic development."

Seeing that the time was ripe, Lin Deying boldly said to Zhou Haimin, "Secretary, I was just about to tell you about this. Comrade Chen Zaidong's 100 million US dollars in foreign exchange is about to enter China through the proper procedures, but I'm afraid the formalities will take a long time to process."

"I was afraid that things might get complicated if things dragged on and the paperwork got stuck for too long. I was worried that Comrade Chen Zaidong might change his mind, so I suggested to him that we first transfer the 100 million US dollars into our international account in Switzerland, and then have the Foreign Investment Committee and the central bank communicate and coordinate with us."

"See if we can expedite the loan disbursement and transfer the money to Guangdong Company's account. Secretary, what do you think of this approach?"

As Lin Deying spoke, he kept a close eye on Zhou Haimin's expression. Seeing that Zhou Haimin was expressionless and did not seem to object, he continued, "I also want to finalize Comrade Chen Zaidong's investment as soon as possible so that we can start construction on the highway leading to the city as soon as possible."

Zhou Haimin tapped the sofa armrest, hesitated for a long time, and then said, "I can't give you any answer about this right now. I need to communicate with the provincial party committee first. After all, it's not a small amount. One hundred million US dollars, converted into Chinese yuan, even at a one-to-one exchange rate, such a large sum of money entering the market will cause a significant impact. We need to consider it carefully!"

"What you said, Secretary, certainly needs to be considered comprehensively. However, I've also taken into account that the country urgently needs foreign exchange. Transferring this money to Switzerland is much more convenient than transferring it to Hong Kong, which involves many transfers back and forth!"

China was indeed in dire need of foreign exchange at that time. In 1979, China's foreign exchange reserves were less than 8 million US dollars, which was a drop in the ocean for such a populous country as China!

If Chen Dong’s $100 million were reported to the central government, the Ministry of Finance would definitely approve it without hesitation, given that it represents one-eighth of China’s current foreign exchange reserves!

If the central bank dares to refuse to lend, the Ministry of Finance will dare to come knocking on their door!

Such a wealthy and patriotic overseas Chinese was someone even the central government had to pay attention to, but Zhou Haimin remained cautious and dared not say directly that things would definitely succeed.

You always have to leave yourself some room to maneuver.