sbdcsierra Chapter 566 A Spark in the Economic Winter
Chapter 566 A Spark in the Economic Winter
The news that Mengchuan had reached a cooperation agreement with the county government went viral online.
Meng Chuan, who frequently trends on social media, once again unsurprisingly topped all the trending topics.
Social media, news websites, forums, and online communities are all buzzing with discussions about this unprecedented trillion-dollar investment plan.
"Meng Chuan is defying the heavens! At a time when the stock market has just experienced a crash, the economy is in a slump, countless companies are going bankrupt, and bosses are becoming defaulters, he is actually going to take out trillions to support enterprises. This is a true business hero, a true savior!"
A financial blogger excitedly said this in his video.
His video garnered millions of views in just a few hours.
Netizens responded enthusiastically, leaving their praise in the comments section:
"I used to think Meng Chuan was just rich, but now I realize he has a very kind heart!"
"This is a true example of the wealthy helping the less fortunate. Compared to those capitalists who only know how to make money through unethical means, Meng Chuan is a truly clear-headed person!"
"Meng Chuan's move is brilliant! Free office space and an unconditional 200 million yuan interest-free loan—this is giving entrepreneurs who want to make a comeback a way out!"
“I used to be the owner of a listed company, but now I’ve become a defaulter. Banks are turning me away, so I’m going to start a business in Mengchuan County.”
“I want to go too. I’ve wanted to start my own business for three years, but unfortunately I don’t have the capital.”
The online discussions right now are all about Meng Chuan's trillion-yuan plan.
Many business owners who were once successful have gone bankrupt and become defaulters during the stock market crash.
Many of them are huddled in their rented rooms, anxious every day about how to turn their lives around.
The bank refused to lend him any more money, and his relatives and friends avoided him like the plague.
When they saw Mengchuan's entrepreneurship support policies, a spark of hope rekindled in their eyes.
A 200 million yuan interest-free loan, no repayment required even if you fail, plus free office space...
Tell me, aren't you tempted?
Many people packed their bags that very night and boarded the train to the county town.
For them, this might be their last chance to turn their lives around, so they have to try no matter what.
For college students facing difficulties finding employment, Meng Chuan's plan is also a timely help.
Li Qiang is a recent college graduate who majored in computer science.
I originally thought that with my professional skills, finding a job wouldn't be a problem.
But reality dealt him a heavy blow.
With the economic downturn, many companies are laying off employees, leading to a sharp decline in hiring demand.
All the dozens of resumes he sent out disappeared without a trace.
The phrase "graduation equals unemployment" became a true reflection of his and his classmates' situation.
When Li Qiang saw that Meng Chuan had established Fuxing University in the county town, which would provide numerous job opportunities for graduates and encourage college students to start their own businesses, he excitedly shouted in the class group:
"Brothers, our chance has come! Mengchuan not only offers employment opportunities but also provides support for starting a business. We can't miss this chance!"
Inspired by him, many classmates decided to go to the county town to find their own future.
Such incidents are constantly unfolding across the country.
Although Meng Chuan's trillion-yuan plan is still in the infrastructure construction phase.
Even the infrastructure construction hasn't started yet, but that hasn't dampened people's enthusiasm in the slightest.
Because once this project starts, it will require a large number of migrant workers.
Even if I can't start my own business right away, I'd be happy to be a migrant worker!
After all, whether it's a bankrupt business owner, an unemployed company employee, or a college graduate who is unemployed immediately after graduation.
They desperately need a job to survive.
Meanwhile, migrant workers in Mengchuan earn a basic wage of six thousand yuan.
As a result, long queues of vehicles now form on the highway leading to the county seat.
There were buses full of job seekers, entrepreneurs driving there with their luggage, and businessmen who saw business opportunities.
After all, construction materials are indispensable for this project to begin.
Whether it's reinforced concrete or hardware lighting fixtures.
Many industries related to infrastructure have flocked to county towns to open branches.
Also taking into account the large influx of people, Wu County was racing against time to submit the application for approval.
As soon as Wu County reported the matter, the higher authorities immediately approved it.
The People's Daily even specifically praised Meng Chuan for his spirit of great love.
He also called on Chinese businessmen to learn more from Meng Chuan.
Upon receiving the approval reply, Wu County was even more anxious than Mengchuan, and immediately urged Mengchuan to start construction.
Because now a large number of migrants are pouring into the county town every day.
This is a good thing in itself. There are too many people coming, and if they come for a long time without being given any work, it will be a problem.
That could lead to serious trouble.
This construction task naturally fell to the Liu Group.
However, the Liu Group is currently developing a commercial city along the river in the provincial capital.
They also undertook the construction of Fuxing University in Mengchuan.
This is also a project worth hundreds of billions, and we really don't have the time or resources to deal with it all.
However, Shen Yue had come up with a solution: contracting the work out to competitors.
As a result, many well-known real estate companies began to flock to the county town.
Almost all the well-known real estate companies in the country came.
However, there are several requirements to meet in order to cooperate with the Liu Group.
First, the project needs to be accepted by the Liu Group.
Secondly, workers' wages must not be delayed.
The contractor can determine the wages for skilled workers.
However, migrant workers' wages must reach the standard of 6000 yuan.
And meals and accommodation are included.
This puts considerable pressure on many real estate companies.
However, Shen Yue promised them that the Liu Group could provide the funding.
With this in mind, all real estate companies have no more worries.
Therefore, it only took half a month from when Meng Chuan discussed cooperation with the county government to when the project started.
There was nothing that could be done; the one trillion yuan from Mengchuan had already been deposited into the county government's account.
With the money in place and Meng Chuan willing to accept oversight, all approvals were handled on a case-by-case basis.
On the outskirts of the county town, construction sites are already bustling with activity.
The roar of excavators and the sounds of bulldozers created a very noisy environment.
However, the migrant workers, who toil in the fields with their faces to the earth and backs to the sky, are filled with laughter and joy.
For many migrant workers, hardship and fatigue are nothing.
Their biggest challenge is getting paid.
Working here offers high wages and no delays in payment.
Many people were thinking how good Meng Chuan was while they were working.
Even the entire county speaks highly of Meng Chuan.
Because as soon as the project started, it accommodated nearly 100,000 migrant workers.
Among these migrant workers, some were former bosses who used to drive luxury cars.
Some are white-collar workers who sit in offices.
A large number of them are college students who have just graduated.
The entire county town is packed with people at night.
This has led to a noticeable improvement in the county's economy.
The small restaurant, which is usually deserted, is packed with people during mealtimes.
Business is more than ten times better!
Online discussions about Meng Chuan and this project continue to rise.
Major media outlets have followed up with reports on Meng Chuan's actions, praising them as "a ray of fire in the economic winter" and "a panacea for saving the market."
Many economists have also given this project high praise.
They believe that Mengchuan's trillion-yuan investment plan will not only drive the county's economic development, but will also play a positive role in promoting the economic recovery of surrounding areas and even the whole country.
However, while everyone was praising Meng Chuan highly.
At this moment, Meng Chuan was sweating profusely with anxiety in the Liu family villa.
Because Liu Qian is finally about to give birth...