The industrial development plan of Hujin Expressway, Xinjin Port and Lingang Port is an adjustment to the overall development plan of Donghua City. It should have been proposed by the Municipal Planning Committee. After discussion and research by the municipal government, it was directly handed over to the municipal government for review and approval.

Chen Baoqi was worried that Gao Tianhe would retire and would be weak, and he could not suppress Guo Chengze's opposition at the meeting of the Party Group of the Municipal Government, so he directly brought this issue to the Municipal Standing Committee meeting for discussion, but in the end he still needed to be reviewed and approved by the Municipal Administrator.

Of course, the Municipal Standing Committee meeting reviewed and approved, and no one would doubt that there would be any problems with the Municipal Adult; let alone the current director of the Municipal People's Congress is still Yu Chengzhen, deputy secretary of the Municipal Party Committee.

Chen Huai, Dai Yi, Liang Rongjun, and Ge Yongqiu, who was newly transferred to Xinjin County Party Committee Secretary, attended the Standing Committee meeting, and they only participated in the discussion of the plan and provided opinions for reference, without the right to vote.

However, as soon as Chen Huai entered the conference room, he questioned Liang Rongjun about the cooperation between Provincial Steel and Zihua Industrial on the city steel relocation project, and then confronted Dai Yi and Chen Baoqi, and was so anxious that his neck was blushing with his face. The smell of gunpowder was so strong that everyone thought that Mei Gang finally had another good show for everyone after being silent for a while.

When Chen Baoqi made a statement and threatened to "invite" Chen Huai out of the conference room, everyone thought in their hearts that even if Chen Huai fell out of the conference room, they would consider delaying for a few days to see the situation before making a decision, and would not rush to make a statement at the meeting today.

However, Chen Huai's attitude softened again in the blink of an eye, which many people did not expect, but there was no suspense about this issue.

Chen Huai's performance of being respectful in front and behind is strange. Dai Yi and Ge Yongqiu's eyes were full of suspicion, but thinking that Mei Gang can speak in the city at the current time. Yang Yuquan was the only one who had the right to vote at the municipal standing committee meeting. Chen Huai wanted to obstruct the Xinjin project, but he had no confidence. It was not particularly abnormal to make some bluffing tricks in front of him.

The adjustment of the Xinjin Port development plan, Yang Yuquan, Guo Chengze and Meng Jiansheng all retained their opinions and did not explicitly object. At this time, the others would naturally not fight against Chen Baoqi, Yu Chengzhen and others, and the topics were quickly passed the vote.

The Standing Committee meeting had other issues to discuss, but it had nothing to do with Chen Huai, so he left the conference room and went to Chen Bing's office to discuss the affairs of the city commercial bank and the Beijing Investment Company.

Now Guo Chengze and Chen Baoqi are competing with each other in the city, saying that Mei Gang does not have to bear additional pressure at this time; not only the city has no action on the city's commercial banks, but the Beijing Investment Company, Meng Jiansheng and Zhou Qiming did not say that they could not wait to weaken Mei Gang's influence in Tangzha District.

However, it is impossible to relax your vigilance when it comes to the work that should be done. Previously, the focus of investment and financing work on both platforms of Beijing Investment Company and Meixi Development Group has shifted downward. Chen Bing, who is in charge of finance in the city, also focused on promoting the development of urban commercial banks.

After the Urban Credit Cooperative was reorganized and established by the Urban Commercial Bank in early 1997, Zhang Lisheng not only led the elite team to settle in, but also received large investments from Yexin Bank, listed companies Meixi Industry, Zhujiang Investment and other parties.

In less than a year, the city commercial bank has developed rapidly. In addition to Donghua City, it also acquired credit cooperatives in seven counties. At this time, it had ten district and county branches and 36 business offices, which built a framework within Donghua City.

Since the state has a requirement that the capital adequacy ratio of urban commercial banks in various places should not be less than 8%, profit accumulation requires a process. If urban commercial banks want to achieve greater development in deposit and loan business within the next year, they need all shareholders to inject more capital.

On the other hand, when the county-level credit cooperatives were acquired and established district and county branches, the proportion of the local governments at the municipal and county levels in urban commercial banks increased significantly, and the cumulative shareholding of urban commercial banks was increased by more than 40%. If this ratio was reduced, Meixi Group, listed companies Meixi Industry, Zhujiang Investment, and Yexin Bank also needed to join forces to inject additional capital into urban commercial banks.

In recent years, Donghua's economy has risen and the banking industry has also developed greatly. The total assets of the city's banking industry have exceeded 30 billion.

Yexin Donghua Branch has developed the fastest, ranking first among the three parts of the world. It is also ranked second among many municipal branches of Yexin, second only to the directly affiliated branches of Wuyi District, Yanjing. The total amount of deposits and loans is even higher than that of some provincial branches. Yexin Headquarters has also considered independent of Donghua Branch from the provincial bank system and listed as a branch directly under the headquarter.

However, Yexin Bank was originally established under the direct appointment of He Xianghuai and has a huge influence. Even though the Sun family is the main foreign shareholder of Yexin Bank, Yao Ronghua firmly supports Meigang's development. At the same time, the development performance of Huaihai Provincial Bank and Donghua Branch is in sight, but it cannot escape the interference of the balanced voice of the senior management of the head office.

The plan of Donghua's direct branch failed to be approved, and the head office tightened the deposit and loan scale of Donghua branch and increased the audit frequency of provincial banks. The development pace of Yexin Bank in Donghua was restricted.

The contraction policy of Yexin Bank and the slow movement of the other four state-owned commercial banks have made huge space for the development of urban commercial banks.

Shen Huai and Chen Bing sat on the sofa by the window of the office, lit a cigarette, looked at the ginkgo trees with yellow leaves outside the window, and said, "Just just now, Guo Chengze and Meng Jiansheng wanted to instigate me to fight with Chen Baoqi and the others. Judging from their plans, perhaps they wanted to delay Guo Chengze as mayor and then consider attacking Zihua Industrial's additional issuance. Hu Lin is now hiding behind the scenes to control Tianyi Group. If he wants to dominate the development of the Yujin Expressway, Xinjin Port and Lingang industries, the amount of funds will not be enough for Zihua Industrial's additional issuance financing plan. Once the additional issuance financing fails, Hu Lin and Chen Baoqi and others will not admit defeat easily, and their source of funds can only rely on Rongxin Bank's loans. In this way, the development pressure of the city commercial banks will be great..."

"Rongxin Bank is also an advanced Xinjin County and Xicheng District. It will take one to two years to open their outlets throughout the city," Chen Bing said, "The city commercial bank has an advantage if it is one step ahead..."

Shen Huai nodded and said, "If this advantage needs to be maintained, can other projects be slowed down first, or should we solve the financial pressure of urban commercial banks first..."

The rise of regional economy and the benefits of the banking industry are the most obvious.

In 1997, the net profit of Donghua City's steel industry may be only one billion. Donghua Banking Industry, headed by Yexin, plus the four major state-owned banks, city commercial banks and many village credit unions, has roughly the total profit level in 1997. Yexin Bank has also earned more than 300 million yuan in net profit, which is slightly higher than the profit of the listed company Meixi Industry in 1997.

The Meigang Group is now adding additional capital to urban commercial banks. After the total asset scale exceeds 10 billion yuan, the profit level will not be lower than this number.

At the same time, banks have close ties with local governments and enterprises through deposit and loan business.

Meigang has not directly participated in some companies introduced in Meixi and Xinpu area, except for the supply connections in the industrial chain, and most of them are not directly involved in the financial business connection of commercial banks. Through the financial business connections of commercial banks, the entire industrial cluster can be more closely integrated.

Moreover, the lending business of commercial banks is looking for high-quality companies with development potential to support it, which also makes Meigang's influence more effectively expand.

Some super-large industrial joint groups or consortiums overseas are usually organized with one or two commercial banks as the core.

Yexin Bank is too large and has an asset scale of nearly 100 billion yuan. It was originally established under the leadership of He Xianghuai. Chen Huai did not expect his influence to penetrate the top leaders of Yexin Headquarters at this time. This is not something he is capable of doing at this time.

Donghua City Commercial Bank can only limit its development within Donghua City. Its size is small and after additional capital injection, its net assets are only 800 million yuan. Chen Huai firmly grasps the control of the city commercial bank, and naturally he must do everything possible to promote the development of the city commercial bank in Donghua.

Due to the constraints of the head office, Yexin Bank's development pace in Donghua has become conservative, and the development pace of the four major state-owned commercial banks is slow. Urban commercial banks should consider direct competition from Rongxin Bank in the next few years.

Like Yexin Bank, Rongxin Bank is the earliest medium-sized commercial bank established in China. The biggest difference is that Yexin Bank has state-owned assets and has introduced foreign shareholders. It is a purer joint-stock commercial bank. Rongxin Bank is a wholly state-owned commercial bank under the central enterprise Jinshi Rongxin Group.

Rongxin Bank has developed mainly in Guangzhou and Shenzhen in recent years, and its strength is much stronger than Yexin Bank. Its total asset scale exceeded 100 billion in 1996.

Unlike Hu Lin’s previous use of asset industry in Xipizhagang Industrial Planning Zone, where interests can be free from interference with each other. Once the Hu family decides to move northward with Jinshi Rongxin, the competition will be comprehensive.

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Chen Huai sat in Chen Bing's office for a while, then said goodbye and left.

When he walked out of the municipal government building, he was about to call the driver to drive over when he saw Dai Yi and Liang Rongjun standing outside the building, talking to Qi Jingyao.

Dai Yi and Liang Rongjun went out of the conference room with Chen Huai. Chen Huai was still delaying Chen Bing's side for a while. Seeing this situation, Chen Huai thought that it was Dai Yi and Liang Rongjun who were leaving the municipal government to meet Qi Jingyao. The three of them talked for a long time outside the municipal government building.

Although the topic was not unexpectedly approved, Dai Yi was very upset when he thought of Chen Huai's performance at the Standing Committee meeting just now. Seeing Chen Huai standing on the steps not far away waiting for the car, he spoke and asked: "What are the advantages of County Mayor Chen's Xinjin Factory project jointly with Zihua and Provincial Steel? Let's tell us. I also know that it's not your style when it's County Mayor Chen. Of course, if you really can't control your vomiting, no one will take you seriously!"

Chen Huai turned around, looked at Dai Yi, Qi Jingyao with a smile, and said, "Now that financial policies are tightening, you can get 50,000 billion, and you can really show off your power. However, if you want to build a Xinjin Steel Plant, do you think I will really stop you? Mr. Dai, you really look up to yourself. I said that at the Standing Committee, and I made a statement, just to make it easier for you to laugh louder in the future..."
Chapter completed!