(After twelve o'clock, I'll grab a monthly ticket, oh, it's just that it's so painful to not save the manuscript!)

Hong Kong returned in July, and in the early part of the month, the Central Bank of Thailand gave up the fixed exchange rate of the Thai baht to bind the US dollar, officially declared that the Thai baht was lost. In just three or five days, the Thai baht fell sharply; then Indonesia, Malaysia and other countries could not bear the pressure and allowed the exchange rate to fall...

For a time, the storm was about to come and the wind filled the building. The entire Southeast Asia region was shrouded by the financial crisis. Even the Hong Kong and Singapore stock markets were also fluctuating violently after a sharp decline. A large number of speculative funds were like crocodiles smelling blood, rushing towards the food. No one could predict how the future trend of the economy would go.

The growth rate of foreign trade industries in coastal areas, mainly light industry, has slowed down significantly in the first half of the year; while industrial clusters related to Hong Kong's re-export trade have been under downward pressure since the second quarter.

The domestic and Japanese and Korean securities markets have fluctuated and declined, and it seems that no region can survive this financial storm.

In late July, the State Council also conducted a preliminary survey on the scale of foreign debt in various provinces and cities, and the situation was quite optimistic.

In the past twenty years, the Chinese style has attracted more than 200 billion US dollars of foreign exchange funds, mainly focusing on medium- and long-term industrial investment. In the short term, the capital that may flow out is not large due to the deterioration of the economic situation, about 30 billion US dollars.

In 1997, the country's foreign exchange reserves were not very strong, but it was more than enough to deal with short-term capital outflows.

The main task of each province and city is to return to the pace of coping with the shrinking of the light industry and foreign trade industry and preventing a sharp decline in economic growth rate.

During this period, Shen Huai had to focus on the trial production process of Xinpu Steel Plant, on the one hand, he had to focus on the negotiation process of Xinpu Refining and Chemical, and on the other hand, he also led to attend economic seminars everywhere. It seemed that in addition to his official status, he had also become a recognized economic expert.

Donghua's foreign trade industry has also risen rapidly in recent years. Including Ziluo Home Textiles and Hu's Clothing, there are already six light industry enterprises with foreign trade output value of over 100 million in Meixi New District.

Among these companies, affected by this financial crisis, there are both strong and weak.

The most affected Hu's clothing sales revenue dropped significantly in June. The factory began to cut the start of work, but it has not yet reached the level of cutting employment.

Ziluo Home Textiles, which is less affected, has only slowed down its growth rate; and the production base with a planned employment of 2,000 people in Xinpu International Home Textile Industrial Park is also under intense construction and there is no sign of slowing down.

There is no big secret behind this.

As a Hong Kong-funded enterprise, Hushi Garment has a lighter export of products in Hong Kong. In addition to Europe and the United States, a considerable number of products sold in the past North Korea and Southeast Asia.

The scale of import and export trade in Southeast Asia has been shrinking significantly since the beginning of the year, and is at the center of the financial crisis at this time. As the economic center of Chinese businessmen, Hong Kong feels more sensitive and the pressure is directly transmitted to the production area.

Over the years, Ziluo Home Textiles has been closely linked to Meigang's rhythm and Western Europe.

Although the total number of Chinese people in Western European countries is far less than that in Southeast Asia, the Chinese occupy a huge share of the light industrial product wholesale market in Western European countries; in the Paris region alone, there have been more than 3,000 Chinese merchants who trade light industrial product wholesale since then.

In recent years, the development of foreign trade industries in Meixi, Xiapu and other places, Shenhuai and Xiong Wenbin have focused on promoting direct trade with developed regions such as Europe, America, Japan and South Korea, and reducing the proportion of Hong Kong's re-export trade.

At that time, I did not consider the issue of the economic crisis, but thought about reducing a re-export procedure, not only could the cost drop significantly, but it could also greatly improve efficiency.

There is also the Chinese Business Federation, the Sun Family and Wu Family of Western European countries, which have a huge influence. Whether it is to promote mainland enterprises to go global or to attract Chinese businessmen from Western European countries to invest and build factories in the mainland, it is easy to promote and achieve results.

Now that the economic turmoil in Southeast Asia is intensifying, its foreign trade scale with Europe and the United States has shrunk significantly, which has instead brought greater growth space to the direct trade of mainland foreign trade enterprises with Europe and the United States.

When the economy grows rapidly, there are mud and sand, and many contradictions and gaps will be covered up. Now that the economic crisis is coming, the financial crisis is coming, and the impact on the real economy is huge, just like the tide recedes. Whoever wears underwear and who doesn’t wear underwear can see the difference.

The European and American economies have been weak for 90 years, and industrial transfer has been slowly shifting, but their performance is also quite stable and there are no major ups and downs.

In addition to the relatively sensitive securities market, the impact of the Southeast Asian financial crisis has also had a lot of oscillations, but the real economy in Europe and the United States has almost not been affected. This has enabled companies that have direct trade dealings between the mainland and Europe and the United States to avoid being directly impacted by this financial crisis.

Another thing is that when the real economy is inevitably affected, the advantages of enterprise management and cost control will become increasingly prominent.

On August 18, the province once again organized a seminar on the turbulent Southeast Asian financial crisis, and Chen Huai was temporarily pulled to the province to attend the meeting.

The seminar on the provincial welcome hotel action was personally chaired by Governor Zhao Qiuhua. Representatives from the Provincial Government, Provincial Economic Research Institute, Provincial Economic Commission, Provincial Planning, Provincial Foreign Trade Commission, State-owned Enterprise Working Committee, Huaida University, Provincial Economic Institute and other institutions and enterprises and institutions attended the event.

Chen Huai also met Li Gu, Fan Wenzhi, Liang Rongjun, Ye Xuanfeng, Sun Fujing and others at the meeting.

Yu Wei, Xie Haicheng, Zhou Xingwen and others were also invited to attend the seminar as foreign business representatives. Looking at Zhou Xingwen, Xie Haicheng, Chen Huai thought to himself, where are they foreign businessmen?

At this time, Xiong Wenbin and Wu Haifeng's transfer from Donghua had been confirmed. Wu Haifeng had already reported to the Provincial CPPCC and first served as secretary-general, and then elected as vice chairman at the beginning of next year. After Wu Haifeng left, the director of the Municipal People's Congress was also appointed by Yu Chengzhen, deputy secretary of the Municipal Party Committee.

At this time, the provincial party committee inspection team had returned to the province, but the conclusion had not been made yet. However, when everyone saw Chen Huai silently at the seminar, they tended to think that the provincial party secretary Tian Jiageng would further hit Mei Gang.

Chen Huai was as low-key as possible during this period, and he acted as a human being with his tail clamped up. He did not speak at the seminar. As soon as the seminar ended in the afternoon, he picked up the record book and prepared to leave. He had no intention of participating in the evening reception.

"County Magistrate Chen, County Magistrate Chen..."

Chen Huai arrived at the parking lot and planned to take a bus to leave the Shangying Hotel, so he heard Liang Rongjun chase him from behind and call him.

Chen Huai stopped and asked Liang Rongjun: "What's the matter with Mr. Liang?"

Liang Rongjun came over and said, "Governor Zhao, please come over..."

Chen Huai and Liang Rongjun walked along the boulevard on the west side of the main building of Yingguan Hotel and headed towards Runhua Tower. When they arrived at the VIP Hotel in Runhua Tower, they saw Li Gu, Fan Wenzhi and some officials from the Provincial Government Office, accompanied Zhao Qiuhua to talk. Zhou Xingwen and Yu Wei were also present.

Seeing Zhao Qiuhua looking up, Chen Huai smiled in his heart. Last time at the Huaihai Hotel, in front of Ji Chenghai and Tan Shiwei, he exposed his dream of planning for the Secretary of the Hebei Provincial Party Committee. I wonder why he hated himself in his heart, and I don’t know what happened to him calling him over.

"Governor Zhao, do you have something to ask me?" Chen Huai asked pretending to be stupid.

"The provincial party committee just proposed that even if the economic growth rate in the province slows down this year, it will be guaranteed to be 10. The steel industry is the main pillar industry in the province, and Meigang is the leader of the steel industry in the province. I have to ask you about some things..." Zhao Qiuhua said with a smile.

"Mr. Fan is here, Mei Gang cannot bear the important task of leading the way." Chen Huai said modestly.

Li Gu sat aside, and when he saw Fan Wenzhi hear Chen Huai's words, his eyes lowered and he smiled in his heart.

Zhao Qiuhua looked calm and continued, "It's not time to be humble. Meigang's development in recent years has also been seen by everyone. By the way, Meigang proposed to put Xinpu Steel Plant into operation before September. This is less than two weeks away from Meigang's plan. The province doesn't know anything about Xinpu Steel Plant..."

Now the province's growth rate must be maintained at 10, and it is not just a slogan. This goal needs to be decomposed. Wherever there are shortcomings, where to make up for them, where to strengthen them, and make greater contributions to economic growth, are the key tasks and responsibilities of the provincial government in the future. Otherwise, there is no need to explain it to the provincial party committee, which is a dereliction of duty at work.

After working with Tian Jiageng in the last few months, Zhao Qiuhua didn't want to have any handle asking Tian Jiageng to catch him.

The economic scale of Huaihai Province is not large at this time. Even if Xinpu Steel Plant is fully put into production in September, it will increase the province's economic growth rate by at least one point. Therefore, whether Xinpu Steel Plant can be put into production as scheduled and whether Xinpu Refining and Chemical can be fully built as scheduled will have a great impact on the province's goal of maintaining 10 growth rate.

Xinpu Steel Plant does not have any completion ceremony, and it has been a long time since the project progress has been held and will not report to the city or the province. Meigang does not actively cooperate, and it is difficult for the provincial government to decompose the goal of ensuring 10.

Zhao Qiuhua disliked Chen Huai very much, but he had to come and ask him for questions, otherwise he would be unduly responsible.

Hearing Zhao Qiuhua's question, Chen Huai responded with a "Oh": "The construction of Xinpu Steel Plant is still underway as planned, but the current steel market trend is not very ideal. Should it be put into full production in September and October? Meigang is still discussing it within..."

Zhao Qiuhua wanted to ask a definite answer, but Chen Huai didn't think it was necessary for him to tell Zhao Qiuhua the clear answer.

Zhao Qiuhua could not say that Chen Huai's attitude was insincere, but Chen Huai's answer was no different from not answering. He could only signal him to sit down and participate in the small-scale conversation here so that he could slowly get his words.

In front of Zhao Qiuhua, Chen Huai did not approach Li Gu. Although he saw that there was an empty seat beside Li Gu, he turned to Yu Wei and Fan Wenzhi sat down, and smiled at Yu Wei: "The construction of Baohe Ship's project seems to have slowed down a bit recently. Governor Zhao brought you over, but you also want you to work harder?"

Li Gu listened to it from the opposite side and laughed in his heart. He thought Chen Huai was looking low-key, but when he came over, he picked up other people's pain and stabbed them with needles. Looking at Yu Wei's beautiful face without leaving any trace of time, after hearing Chen Huai's words, the corners of his mouth twitched, thinking that Yu Wei really asked Chen Huai about the pain.
Chapter completed!