Chapter 2043: The Four Trillion Plan Begins

In the film and television industry, the most powerful authority is undoubtedly the SARFT.

For those in the circle, how to get their works approved has always been a headache for many production companies and practitioners.

Just like Ning Hao now.

He himself knew that if the film "No Man's Land" were made, it would be almost impossible to pass the SARFT review.

But the problem was, he felt that if he didn't make this film, his filmmaking career might come to an end.

Everyone probably has such moments.

Desperately wanting to do something, and if you don't, you feel life is not worth living.

"Chairman, what do you mean..."

Ning Hao asked Zhao Fusheng in surprise.

"Of course, you need to perform well."

Zhao Fusheng smiled and said to Ning Hao, "Think about it, if you first make a few mainstream-themed works, what impression do you think the authorities will have of you?"

"Ah?"

Ning Hao was puzzled.

"That's not right, I don't have the time."

After all, he was not an actor; as a director, the number of films he could direct in a year was limited.

Although he understood Zhao Fusheng's meaning, there was still a gap between thinking and doing.

"Your brain..."

Zhao Fusheng was speechless. Looking at Ning Hao, he said, "Think about it, if the company recently invests in some films and TV series with mainstream themes, and you serve as producer or nominal director, wouldn't the authorities see you as having high ideological awareness?"

"And then?"

Ning Hao asked in surprise.

"Then you set up the project, prepare the crew, shoot the film next year, and slowly revise it."

Zhao Fusheng said calmly.

"Ah?"

Ning Hao was dumbfounded.

What kind of bizarre operation was this?

Zhao Fusheng nodded but was too lazy to say more.

He had already shown Ning Hao the way; if he didn't understand, there was nothing more he could do.

After all, in his previous life, "No Man's Land" was shelved for four whole years, during which Ning Hao made several other films before it finally passed review.

Even so, its box office performance was a mess when it was released.

Zhao Fusheng didn't want that to happen.

...

...

After seeing off Ning Hao, who was confused but still thinking hard, Zhao Fusheng sat in his office and began reviewing documents.

Recently, the global financial crisis continued and its impact grew.

Domestically, with the end of the Olympics, the country began to formally implement policies to stimulate economic growth.

The Four Trillion Plan was officially launched!

"Where are you?"

Zhao Fusheng soon received a call from Zheng Yao.

"In the office, what's up?"

Zhao Fusheng asked curiously.

"Have you seen the report on the Four Trillion Plan?" Zheng Yao said.

"What's wrong?" Zhao Fusheng asked, puzzled.

"I had someone investigate; land prices in the capital do show an upward trend..." Zheng Yao said slowly.

Zhao Fusheng immediately smiled.

This time, the four trillion was mainly invested in infrastructure construction.

Because the central and western regions still had a lot of infrastructure gaps to fill: such as rural road upgrades, village-to-town asphalt roads, village main roads becoming cement roads, and the construction of many expressways and basic water conservancy facilities within provinces.

Under such circumstances, policy adjustments were inevitable.

"You guessed right."

Zheng Yao said helplessly.

At this time, the US debt crisis was prevalent, and the biggest impact on China was the sudden freezing of the external demand market. For the world's largest export-oriented economy, the shock was enormous.

Now, China's financial and asset markets also faced a huge pullback; the closure of export enterprises and worker unemployment impacted the fragile hearts of management, who failed to see that this was a necessary structural adjustment for China's economy.

Zhao Fusheng knew clearly that from this year on, with infrastructure investment as the representative, real estate consumption as the core, and heavy chemical and upstream industries as the support, the government and enterprise clusters forcibly expanded their balance sheets and leveraged up, forming a domestic structure and system that drove the economy through debt expansion.

As real estate prices peaked, corporate cash flow weakened, and debt scale became too large, the simultaneous economic downturn and debt tightening directly led to credit contraction in the private sector, deleveraging across society, and a liquidity trap, plunging the entire society into the worst predicament of debt deflation and balance sheet recession.

The result was that China's total social debt expanded rapidly, corporate profits and cash flow could not cover principal and interest, actual social financing costs remained high, and funds poured into financial asset areas such as trusts, local government financing platforms, bank wealth management products, and internet finance. All these confirmed that after two rounds of distorted leveraging, the domestic debt cycle would enter the late Ponzi stage, and the Minsky moment would eventually arrive.

"For the real estate company, if funds are sufficient, try to borrow money to buy land."

Zhao Fusheng thought for a moment and said to Zheng Yao, "If we don't make this money, others will. At least we have a bit more conscience than some."

Zheng Yao was silent, then nodded: "I understand."

She didn't know who Zhao Fusheng was referring to, but she could feel that he seemed to be thinking of someone.

What Zhao Fusheng thought of was a certain tycoon surnamed Li and a certain real estate businessman surnamed Pan, both of whom loudly professed patriotism while making a lot of money from this real estate boom.

The biggest commonality between these two was that after the real estate market became saturated, they chose to sell off assets and flee.

The latter even sold the Wangjing building, which he had loudly claimed was his most important asset and would never sell.

Of course, the ostensible reason was for the company's long-term development, needing to hold a large amount of cash.

But in fact, everyone could see that he was planning to run away.

...

...

Zhao Fusheng had no intention of fleeing, nor did he plan to make the real estate industry the key development direction of the future group.

His focus was always on the internet industry.

Moreover, Zhao Fusheng's idea was simple: once Facebook, that golden egg, went public, he planned to start retiring.

After reviewing the documents, Zhao Fusheng left the company.

When he got home, Fan Baobao told him she had chosen the island she wanted to buy.

Zhao Fusheng had no objection and told her that after she finished her postpartum confinement, she could let Zhao's mother and the others go take a look.

As for herself, it was best to wait until their son was a bit older before going out.

Fan Baobao had no particular opinion.

She wasn't very enthusiastic about it herself; instead, Zhao's mother and Li Yuan were very interested.

That was an island after all!

"Are we really buying it?"

Zhao's mother asked Zhao Fusheng.

Zhao Fusheng smiled and nodded: "Yes, it's not expensive, less than 100 million US dollars. If we buy it, at least our family will have a place to go every year. You and Dad are getting older, and the climate there is pretty good."

That was his thought; after all, his parents and elders were getting older day by day, and at this time, the climate in Europe was quite nice.

"100 million US dollars!"

Zhao's mother gasped.

She looked at Zhao Fusheng and was speechless for a long time.

Zhao Fusheng shrugged and said to Fan Baobao, "You explain it to Mom."

"Okay, you go ahead with your work."

Fan Baobao covered her mouth and laughed.

At this moment, the elders were just like her before; because they had no clear concept of Zhao Fusheng's wealth, they were all stunned.

Especially when they saw Zhao Fusheng casually mention the figure of 100 million US dollars.

Hearing that someone else has it is one thing; discovering that someone close to you has it is entirely another feeling.