During this period, people in Shanghai not only had arrogant capital, but also a lot of resentment. For more than 30 years, the country relied on this city for 40% of its annual financial expenditures without any investment. The city's infrastructure was almost blank. Walking in Shanghai The streets and alleys of Hai are full of garbage and overcrowded. There are restaurants downstairs and diapers hanging upstairs.
The dirty, chaotic and poor scene is far different from that of international metropolises.
Although Shanghai has also been designated as one of the fourteen coastal open cities by the country, it has not been designated as a national special economic zone like Pengcheng, Xincheng, Zhucheng and Tuocheng, and has missed the opportunity for rapid development.
The economic growth rate dropped from 7.8% in 1978 to 7.4% in 1986, which was lower than the national average of 8.7%.
The status of comprehensive economic strength in the country continues to decline. The proportion of GDP, total social output value, national income and total industrial output value in the country has dropped from 7.6%, 8.65%, 8.16% and 10% respectively in 1978. Three, dropped to 4 or 5 percent, almost cut in half.
Most of the large number of small and medium-sized enterprises in Shanghai are in a state of loss or semi-loss, and the economy has not yet come out of the trough.
The per capita housing area in Shanghai is only five square meters, which is far lower than the average of seven square meters in major cities across the country. The average per capita housing area for poor households in Shanghai is only two square meters. A family of eight lives in 16 square meters, with people sleeping on the table and mats on the floor. Man, even if you hang a hammock on it, you can sleep there!
The national economic center has begun to move south, and the Rand Corporation has released a forecast report that Guangdong Province will replace Shanghai and become the domestic economic center, with most foreign companies investing in the four major special economic zones.
Talents who go to Shanghai also go to Guangdong Province!
As the policy of reform and opening up continued to deepen, the country began to attach importance to the economic development of Shanghai. In 1990, the Pudong Special Economic Zone Development Policy was approved, the Shanghai Stock Exchange opened, and Laobagu was listed for trading, attracting domestic and foreign funds and talents.
In 1992, the Pudong Economic Development Zone was established, and the spring of Shanghai's economic development has arrived!
Shanghai people have bright minds, good quality, and are smart and capable. They have the second largest number of universities in the country, numerous scientific research institutes, and abundant talents. Coupled with a complete industrial layout, Shanghai will usher in great development opportunities, and the Pearl of the Orient will shine brightly. In the near future, it will become the leader, economic and financial center of the Yangtze River Economic Belt.
Shanghai and Shanghai are an important part of Sun Jian's industrial layout. Hubei Province and Jiangcheng did not support the development of Jiangcheng Taobao Electric Company, so he shifted his investment focus to Shanghai and Pengcheng!
Pengcheng is a center of high-tech innovation. It is adjacent to Hong Kong and has the latest integration with the world's technological and financial development. Its leadership is the most enlightened and courageous, breaking stereotypes and customs. It has made the greatest progress in reform and opening up. It dares to be the first, recruits talents from all over the world, and is full of enthusiasm. Vitality, prosperity, economic development and urban appearance are changing with each passing day.
Living in Pengcheng, a city dominated by immigrants, is the most suitable place. If Sun Jian had not taken care of his parents and family, he would have chosen Pengcheng as his company headquarters.
In the eyes of the reborn, Shanghai, whose economy has not yet come out of its trough, is filled with gold!
In the era when a household worth ten thousand yuan was still a wealthy person, the Jiangcheng Taobao Electrical Appliance Company's plan to invest one million yuan in Huangpu District was not a small amount. It was equivalent to more than 100 million yuan in the previous life. The leaders of Ruijin 2nd Road Street in Huangpu District did not want this investment. Huangpu District There are also nine streets including Nanjing East Road, The Bund, Huaihai Middle Road, Yuyuan Garden, Dapu Bridge, Laoximen, Xiaodongmen, Wuli Bridge and Bansongyuan Road. If there is no chance in Huangpu District, just go to the surrounding Jing'an District and Xuhui District. And Hongkou District to find it, it is really not possible to take the ferry to Pudong to "dig for gold"!
Huangpu District is the central urban area of Shanghai. The famous Nanjing Road and the Bund are here. The city government building is on the Bund. The municipal party committee offices are on Kangping Road in the west of Shanghai. It has a dense population and prosperous commerce. It is the first choice area for the layout of Shanghai Taobao electrical shopping malls. , the Shanghai Stock Exchange will also be born here.
Feile Audio, the number one stock in the domestic stock market, was approved by the Shanghai Branch of the Bank of China in 1984 to publicly issue 9,000 internal employee shares and 1,000 social individual shares. It is said that although it published an advertisement in the "Xinmin Evening News", the actual There was no public offering on the stock market. The company's internal employees and related households had already subscribed for the shares, and the newspaper publication was just a formality.
Feile Audio, Yanzhong Industrial and Aishhi Shares are the only three "Three No" concept stocks (no state-owned shares, legal person shares and foreign investment shares) in the Shenzhen and Shanghai stock markets! In the bloody takeover wars, Yanzhong Industrial and Aizhi shares changed hands several times, writing colorful chapters in the history of Shanghai and Shenzhen securities.
Feile Audio has raised RMB 500,000 at RMB 50 per share and implemented "voluntary subscription and free withdrawal of shares". At the same time, it stipulates "guaranteed principal and interest" for individual shareholders, and calculates dividends based on the bank's one-year fixed savings deposit interest rate.
Because it was an original stock, and there was a guarantee of principal and interest, when the second stock, Yanzhong Industrial, was issued, before dawn, the savvy people in Shanghai queued up outside the Jing'an Sales Department, and the queue went around several lines. Street, but the buses couldn't move.
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Zhou Guanquan saw young Sun Jian's face calm when he mentioned a million yuan investment, without any hint of ridicule. The two people behind him looked calm, indicating that the other person was a big boss with a complicated background.
Those who can become millionaires during this period must be rich or noble!
In addition to the capitalists who implement the policies, there are also the related households who make use of the dual-track system to make a fortune.
Shanghai is one of the fourteen open coastal cities. It implements special policies and measures in terms of expanding local authority and granting preferential treatment to foreign investors. Foreign investment cooperation and joint ventures coming to Shanghai are interested in large companies in Shanghai. Enterprises look down upon the street collective small factories that are in loss or semi-loss.
Many local state-owned enterprises in Shanghai and Shanghai have heavy burdens due to obsolete equipment and outdated concepts. After implementing the dual-track price system, the products they produce have lost their competitive advantages compared with foreign investment and joint ventures along the coast of Guangdong Province. Now Ni Bodhisattva Crossing the River cannot protect itself. The small factory in the street is in a state of self-destruction. The employees cannot pay their wages, so they can only complain to the street leaders and district leaders. In order to maintain social stability, the district leaders cannot ignore it. They beg their father and grandma to beg for help and guarantee loans for living expenses. , I couldn’t sleep well at night.
Since the promulgation of the Enterprise Bankruptcy Law last year, urban leaders have held many meetings. On the one hand, they have asked street leaders to do a good job in social stability work at the grassroots level. On the other hand, they have urged them to speed up the reform of small street factories, invigorate the economy, turn losses into profits, and Small businesses on the verge of bankruptcy, liquidation!
How can a street director like Zhou Guanquan have the courage to declare bankruptcy and liquidation of a street enterprise that is on the verge of bankruptcy in his jurisdiction? The employees even occupied the street office and pointed at his nose and cursed him!
