Chapter 427: Taking over the commercial district from the old city renovation

In this era, the most important job of the Real Estate Bureau is actually to repair houses.

In this era, except for the self-built houses by various units, the maintenance of other old slums is done by the Real Estate Bureau.

Therefore, the Real Estate Bureau has a very large team of construction workers, among which there are several hidden figures who are particularly knowledgeable about ancient buildings.

You have to know that it was not until 79 that the country established the General Construction Bureau and had a formal construction team. Many of them were transferred directly from the Engineering Corps or the Railway Corps.

In order to demonstrate peace, our country has begun a massive military reduction of one million people.

In fact, our country's large-scale military reduction began after the liberation. The first time was in the 50th year, when the plan was to cut 150 million troops and restore 24 troops that year. However, both were interrupted by the Korean War.

After the victory of the Korean War, the military was cut by 52 million in 200, followed by a cut of 54 in 50.

The second time was in 57, when the First Five-Year Plan was completed and the army was cut by 110 million in order to better develop the economy.
The third was in 75, when the army was cut by 60;
Then came the well-known million-man disarmament reduction in the 80s.

The Beijing Real Estate Bureau is located at No. 11, Nanwanzi, Dongcheng District. It used to be the residence of the big traitor Jiang Chaozong. Of course, Jiang Chaozong had more than one residence in Beijing, but this one was the largest in scale and had the best location, with the Forbidden City next to it.

Jiang Chaozong was also sent from here after his death.

On March 3, Wang Deming, the leader of the Beijing Municipal Government in charge of real estate, the leader of the Real Estate Bureau, and Mr. Huo, a well-known Hong Kong businessman, gathered together.

Today is a good day. We announce the completion of our withdrawal from Vietnam and the start of the Laoshan rotation battle.

Blood-stained Style, a song that everyone could sing when they were young, although it has been forgotten, but from the liberation to the 80s, my country's neighbors were unstable, including India in 62, Zhenbao Island in 69, and Vietnam in 79.

It was not until this war in 79 that, although the casualties were huge, our leaders made the bold statement that there would be at least 40 years of peace.

I don't know what the leader is thinking. Is he trying to use this record to put some pressure on Wang Deming and Mr. Huo? "Comrade Deming and Mr. Huo have seen today's newspaper, right?"

The leaders of the Beijing government were full of pride. "India claimed to be the world's third most powerful military country, and Vietnam claimed to be the world's third most powerful military country. Unfortunately, they were both defeated by our small army."

The leaders of the Real Estate Bureau were very good at making fun of the situation. "From mid-February to mid-March, just like our Tibet and Chengdu Military Regions, it took about a month to complete the strategic goal and successfully withdraw the troops."

"That's right! But this war is a waste of money. Otherwise, the domestic economy wouldn't be like this."

The municipal government leader finally brought the topic to cooperation. "Comrade Deming, Mr. Huo, I will not hide anything from you."

"As early as the 50s, our municipal government had already studied the possibility of cooperating with private capital to establish a new real estate company."

"The government holds 50% of the shares and the private sector holds 50%. Together, they built more properties to alleviate the pressure of the scarcity of houses in the capital at that time."

When he said this, he glanced at Wang Deming, who nodded and smiled.

Because Wang Deming lived in Beijing after liberation, although he was originally in Changping, Changping was also incorporated into Beijing in 58, so there was nothing wrong with him growing up in Beijing. He certainly knew why this real estate company disappeared after it was established, wasn't it because there was no private capital involved?
The capital city is spending money on large-scale demolition and reconstruction.
"Now that Comrade Deming has invited Mr. Huo from Hong Kong to join the real estate company, it will be a great boost to our real estate business in Beijing."

"I suggest that we not trouble two people for the same thing. The previous company is still there but has not been put into use yet. How about Mr. Huo paying for it all this time?"

After saying that, the leader looked at Mr. Huo, the super-rich man in Hong Kong, with expectation.

Mr. Huo has assets worth hundreds of millions of US dollars in Hong Kong. It would be great if he could invest all of them into the real estate company. Even though the shares are verbally distributed 50:50, aren't the people under his command still the ones who are actually managing the company?

As the saying goes, with great power comes great responsibility, and vice versa.

Before Mr. Huo came, he and Wang Deming had already considered various situations and analyzed the ideas of the city government leaders. They would agree to this cooperation no matter what the conditions were, for the future.

However, if he only cooperates with the Beijing Real Estate Bureau, it will not be in the interests of him and Wang Deming.

Because many excellent locations in Beijing's real estate are in the hands of various companies, Li Bancheng once said a very classic sentence: There are only three words in real estate: location, location, and location.

The Oriental Plaza in Beijing fully embodies this concept. It is located at No. 1 East Chang'an Avenue and covers an area of ​​10 square meters. This area used to be Dongdan Toutiao and Dongdan Ertiao, and many complete luxurious courtyards have been demolished.

It is said that dozens of academicians wrote to the government but it still failed to stop the movement.

Moreover, the capital introduced by Beijing from Hong Kong was said to be for the purpose of renovating the old city.
Mr. Huo, who specializes in real estate, certainly understands this. He smiled warmly and nodded, saying, "Dear leader, we have no objection to your decision. It's just..."

"Please speak, Mr. Huo. As long as it is not a matter of principle, I can agree to it today!" Don't blame the leader for taking on too much. He has experienced blood and fire during the war years.

"This is what we think." Mr. Huo slowly told Wang Deming about his and Wang Deming's plan.

Generally speaking, firstly, the renovation of residential houses by the Beijing Real Estate Bureau is definitely urgent. As long as the Beijing Municipal Government plans the new residential areas, the renovation of the old inner city will start simultaneously.

But he hopes to take over the commercial transformation of Beijing, such as Wangfujing Street, Dong'an Market, Xidan, Qianmen Street, etc.
The most famous building on Wangfujing Street is definitely the Wangfujing Department Store which opened in 55. It has 7 floors and can be said to be the commodity center of Beijing and even the north, with everything you need.

Other places are also traditional commercial centers of the capital, but after so many years, have they been unable to meet the growing material needs of the people of the capital?

Apart from this, they have some insignificant little requests of their own.

That is, is it possible to purchase a few courtyard houses owned by government agencies?
These courtyard houses are well preserved and can be used to receive foreign businessmen visiting Beijing after some renovation. I also want to buy a few of them for my daily residence in Beijing.

This idea became even stronger in my mind, especially after I saw Comrade De Ming planning to renovate several courtyard houses when planning the Beijing Hotel.

Finally, the US dollar is paid now!

"Leader, I hope the government can consider this. Of course, I will arrange for the capital for Jingcheng Real Estate Company to be transferred from the Bank of China today."

(End of this chapter)