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Chapter 481 Conservative

After Li Hongwen came down, several more people came on stage to speak.

Currently, in various parts of the world, regions that use Huayuan as settlement currency are collectively called Huayuan District.

The Huayuan Region includes East Asia (except Japan), Lucia, Central Asia, South Asia (except India), part of West Asia, and Southeast Asia.

The regions that use mixed currencies are Oceania, Africa and Latin America; Western and North America also have a reserve of some Chinese Yuan.

Delegations from various regions in the Huayuan District are very worried about the current global economy. If the economy continues to deteriorate, it may trigger further chain reactions.

Of course, among the people present, Mobei, Gilbert Islands, and Ellis Islands, who came to play soy sauce, were sitting firmly on the Diaoyutai, and had already hugged his thighs and could win.

The leaders of delegations from several core areas were invited to a small conference room in the venue.

Li Hongwen and others were all inside.

Park Yuanfeng, general manager of Goryeo Bank, got a document as soon as he came in. After sitting down with his two deputy, he focused on browsing.

Next to Park Won-Feng are Andrev Minsk, the president of Lucia Bank, and others, as well as bank delegations from several regions.

Everyone was looking through the documents carefully.

Park Yuanfeng looked at it for a while and then thought silently. According to the plan proposed by the document, a special institution will be established in Huayuan District, called the currency coordination bank.

The currency coordinated bank will achieve comprehensive management of the currency exchange rate, issuance volume, circulation volume, ownership volume and actual currency value of each member.

At the same time, this institution also takes into account the review, repayment and supervision of debt issuance volume in various regions, and also manages financial derivatives in Huayuan District.

To a certain extent, it is equivalent to the role of regional central banks.

Park Won-Feng asked cautiously: "Mr. Li, what should we do if a certain region has over-issued a large amount of currency and debt in the future?"

"The principle of anchoring the value of money!" Li Hongwen explained: "In a region, over-issuance of currency and debt, the currency coordination bank can adjust the exchange rate. Another principle is that debts adopt a triple repayment mechanism, Huayuan, actual assets and regional fiat currency."

Park Yuanfeng narrowed his eyes. According to this situation, after issuing the debt, if the debt is repaid by over-issuing the currency, the creditor may request to use Huayuan or actual assets to repay it.

Fundamentally, curb the harm of additional issuance with both hands.

"If you want to do this, then you need collateral to issue your debt?" Minsk asked.

"Otherwise?" Li Hongwen asked back with a funny look: "Do you want to collect a lot of waste paper? Now Mi Yuan uses foreign debt to wipe his butt, I think it's too hard."

Everyone whispered for a while, and they were indeed scared by Mi Yuan. As soon as there was an economic problem, they carried out quantitative easing and issued a large amount of currencies, diluting their foreign exchange Mi Yuan.

Minsk asked again: "If Huayuan will also experience quantitative easing in the future, how should we solve it?"

Li Hongwen, who was prepared for a long time, explained: "The same reason is true. Huayuan's foreign debt also requires three guarantees. We use Huayuan, precious metals, and collateral to ensure that the debt is not diluted."

Everyone was a little moved by this very conservative plan. The debt and currency with collateral are better than the previous credit meter.

Just look at Japan now and you will know how miserable it is.

Due to the deep binding of the Japanese yen and Mi Yuan, the book is now forced to help his father pay off his debts, and a large amount of overseas assets in Japan have been repurchased by Mi Yuan in various places.

As for the book that I disagree, all localities have already made it their best and directly adopted forced repurchase, and used Mi Yuan to buy overseas assets in Japan.

A lot of Mi Yuan were forced to do it, and the Japanese chaebols were now crying and their father's aircraft carrier battle group was staring at Tokyo Bay.

Even the people who retreated from Southeast Asia and Goryeo were stockpiled in various parts of Japan.

The purpose is to make the notebook bleed and to destroy the disaster for the father's money. Mi Yuan has not collapsed now because Noah will pull out his sons as a flood discharge area. By delaying the time, it ensures that Mi Yuan can have a buffer period, and then find a way to resolve a large number of bad debts.

Areas that have suffered a huge loss in Miyuan are now very repulsive to quantitative easing and unsecured debt.

Minsk's brain was running rapidly. If the ruble could anchor Huayuan, then the inflation in Lucia could be solved to a large extent.

After all, they are minerals, energy, and food, and they are basically self-sufficient. The Internet, light industry, electronic products and vegetables and fruits need to be imported.

It just so happens that both sides can complement each other.

In order to promote Huayuan, Li Hongwen once again threw out a bait:

"Everyone, our cooperation can be a win-win situation. The Energy Alliance will appropriately increase the procurement of coal, oil and natural gas, and the Ore Alliance will also gradually increase the procurement of ore. The Food Alliance will also invest in farms, ranches and fishery in various places to help everyone reduce their trade deficits."

Zheng Wang, president of Siam Bank, carefully tentatively: "Mr. Li, will your side transfer industry and help some backward areas develop industries?"

Li Hongwen smiled at this: "We are doing relevant discussions and preparations internally, and there must be some industrial transfer."

Suddenly, many people showed joy.

But they don’t know that even if it’s industrial transfer, there is a plan. They can only eat a few small industries at most.

Moreover, even if you are undergoing industrial transfer in China, you will give priority to your own hardcore guys, such as Annan, who can’t even get a factory.

Li Hongwen and Huang Xiuyuan have participated in domestic strategic layout discussions many times to learn some of the inside stories.

At present, the domestic industry is adjusting its industrial layout, and five large-scale industrial chains have been added this year, including the aerospace industry, ground-effect transport ship industry, large aircraft industry, nuclear energy industry, and future medical industry.

In the aerospace industry alone, in addition to Aerospace Science and Technology and Eagle Aerospace, 11 new aircraft companies in the aerospace field have been added.

Behind these complete machine companies are more than 2,867 related supporting companies. The advancement of the large aerospace strategy is expected to bring millions of related positions.

The ground-effect transport ships, large aircraft, and nuclear energy industries also require huge supporting factories, and small places really can't play with such large industries.

The last future medical industry will be to open a number of hospitals that serve externally, such as the medical tourism industry in the Gilbert Islands, which will become a model in China.

According to relevant internal plans, it is planned to set up medical tourism areas in Fuhai County in Altay, Bachu County in Kashgar Region, Sanya in Qiongzhou, and Nansha Islands in Sansha.

The country will gradually expand the township medical system to form an industrial chain.

In addition to the gradually optimized special planting and special breeding, as well as local specialty brands, and the Food Alliance have invested huge R&D funds and a lot of support in recent years.

It is to ensure the domestic employment rate, especially in special breeding. Currently, hairy crabs, eels, rainbow trout, crayfish, etc. are developing very quickly and are gradually becoming professional.

At the same time, the service industry has also developed highly, and the unemployment rate this year has reached the lowest level in history, only about 2.4%.

This is conducive to the stability of internal industries, the development of the western region, the agricultural zone of the northern desert, the marine development and overseas company expansion.

Nowadays, many factories have obvious shortage of technical workers, especially high-tech enterprises, with a gap of 8 million to 12 million.

Recently, some technical workers from Goryeo and Nanbo Bay have been absorbed to alleviate this big gap.

In order to attract talents, all high-tech enterprises have shown their powers. Among them, the Suiren Group has the best conditions, and semiconductors and the Internet have become the most popular majors in China.

A large number of college graduates, as long as they are in related majors, are booked before they graduate.

Fortunately, the Suiren Department has its own training system. Through the training centers of townships and enterprises, it has trained a large number of new technical workers.
Chapter completed!
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