Rebirth: Super Banking System

Chapter 1795: Chapter 1621 Trade Promotion Policy (Request for Subscription!)

0.82.

Not even a whole number.

Helpless.

But upon thinking.

Global trade each year is so vast.

Exceeding ten trillion USD, an astronomical number. And this is the total import and export volume, otherwise, one percent would be over a hundred billion USD, and merely 0.5% for the Asia Dollar needs good fortune.

0.8.

It was achieved with blood, sweat, and tears.

A daunting task.

A long and arduous journey!

Tang Qing quickly adjusted his mindset, as this was not an unexpected situation; the dominance of the US dollar in the world currency market was not just mere speech but supported by solid trade payments.

What he needed to do was not to question.

But to acknowledge it.

Then catch up.

It seems that many strategies need to be readjusted to serve this overall goal. Although there are no complex achievement tasks, this goal is far more difficult than those achievement tasks.

“Does it have to be the Asia Dollar?”

“Yes.”

“Is level ten the highest authority?”

“Insufficient authority.”

“Can I sing a song for you?”

“Feel free.”

“…”

After some banter.

Tang Qing calmed down.

So, the Asia Dollar must be pushed up, and it cannot be achieved by controlling the Central Banks of Europe and America to take a shortcut. If it were like that, the difficulty would be much lower, but there is no loophole to exploit.

Tang Qing teleported back into the car.

While contemplating.

It’s incredibly challenging to turn around the Asia Dollar. If following the original development path, surpassing other currencies to become the third is fairly possible, but the first two are like mountains.

US Dollar.

Euro.

The two brothers divide the international payment market, just like their ambidextrous fights.

Ten minutes.

Tang Qing’s overclocked brain was a bit disorganized.

Suddenly.

“Hahahaha!!”

He burst into laughter.

He really likes to create trouble for himself, after starting with nothing four years ago to where he is today, the future path is still long. Must he take down Europe and America within three to five years? Why rush?

Besides.

Defeating Europe and America.

It’s a consideration for when advancing to levels nine and ten.

Before that.

There are five more authorization levels waiting to be unlocked, each is likely to bring great benefits, he just needs to do his best, why worry about defeating the final boss as soon as he steps out?

Foolish!

Once becoming the third.

Then think about becoming second, now he isn’t even the seventh; to catch up to the seventh, the Asia Dollar’s international trade volume needs to more than double its current scale.

Double.

This is already a significant challenge.

A lot of effort and costs need to be paid.

Step by step.

First surpass the one ahead, the Asia Dollar now needs to stabilize its advantages, then seek development, and accumulate currency credit. Otherwise, even if the Euro and USD are defeated, the Asia Dollar cannot become first.

To forge iron, oneself must be strong.

“Go home.”

“Yes.”

…

Afternoon.

Tang Qing didn’t go out, floating in the swimming pool of the villa, he was not in a hurry, but preparations should still be made. Previously, achievement tasks had no international trade payments, many things were done casually.

Now it’s different.

To increase authority.

He had to start ’swiping’ orders. Of course, these orders aren’t fake, that would be meaningless and have no effect on the total volume proportion, but rather real orders, only changing the payment method.

…

Next day.

July 8th.

Myanmar.

Naypyidaw.

Excited for the trial operation in a couple of days, Kan Qin has been exhilarated these days. It’s a project he managed, he will attend the trial operation, and when it officially operates, Ling will attend, but he’s going to check first.

Looking at the thick stack of documents on the desk.

Almost piled up like a mountain.

Busy work, in Kan Qin’s eyes, is so affectionate; before, there was nothing to do, sometimes he even had to cut the ribbon for a bridge over twenty meters long, treating it like a big deal.

Yes.

Concerning livelihoods, no issue is small.

But it also reflects a fact — genuinely idle.

Now?

Expressway.

Railway.

Airport.

New city.

Bridge.

…

Various super-large projects are kicking off like crazy, he finally feels a bit like a Deputy Prime Minister. Just when he had been working for less than half an hour, the black phone rang, and he quickly picked it up.

Unlike the setup of black and red phones in Huaxia.

Here.

Black is the internal line, with high security level, held only by deputy chief executives of various states or above, distinguished by specific five-digit numbers. Every ring is not to be ignored.

“Deputy Prime Minister Kan Qin, come here.” Ling’s voice came over.

“Yes.”

Kan Qin immediately stood up.

Despite working together for so long, he still has awe of Ling, awe of both his power and capability, even more so the earth-shattering changes brought to this land by Ling these years.

Closed the documents.

Holding a notebook, he walked quickly to Ling’s office.

“Sit.”

“Okay.”

Kan Qin sat down.

Not knowing what Ling wanted with him, he probably wanted to communicate some issues in advance. Now he is considered Ling’s staunch supporter, the second in command. Of course, this is only within the scope of his authority.

Other deputy chiefs are now also Ling’s people.

But he has more areas under his responsibility.

In doubt.

Ling started speaking.

“Next, I would like to introduce some trade promotion policies to enhance the international credibility and influence of the Asia Dollar. This is the initial plan; take a look and see if there are any issues.”

“…”

Kan Qin bitterly smiled in his heart.

Ling is still so swift, confident in everything he does, laying out plans well in advance.

Taking the file.

Kan Qin quickly browsed through it, mainly noting changes in policies, having read regulations for so long, he had no difficulty understanding. After roughly going over, Kan Qin harbored many doubts.

Trade promotion policy.

Evidently.

Based on trade.

But isn’t it somewhat aggressive? For example, government procurement, even for foreign bidding, must use the Asia Dollar. Previously, it was a priority; now, Ling has changed it to a requirement, which is a huge shift.

However.

This could be understood, as the initiator, the government should certainly take the lead.

No major issues.

Moreover.

The largest contractors in Myanmar are Huaxia enterprises, recognizing the Asia Dollar’s status, giving either RMB or Asia Dollar doesn’t make much difference, perhaps they are even willing to accept the Asia Dollar.

Transcription fluid.

Filtering solution.

Gold.

And Oasis.

Huaxia’s import scale is massive, easy to accept.

But.

There’s also a rule specifying that companies importing raw materials and goods from abroad, if paying with the Asia Dollar, could have taxes reduced by two to five percentage points depending on the industry.

This presents a big issue.

Less taxation.

Yet import and export volume hasn’t changed.

Thus.

Wouldn’t their finances shrink?

“In this way, it will certainly affect fiscal revenue.” Kan Qin directly pointed out.

“I know, but we have to look long term, as the influence of the Asia Dollar increases, the benefits we gain will also be huge. As for the fiscal contractions in each region, how does it compare to before?”

“Several times, even ten times more, but I didn’t expect them to bear this, the tax deduction part, after submitting tax income, will be fully subsidized to each region by Central Finance.”