Extraordinary Genius
chapter-812

Extraordinary Genius

LongjiangWaterworks Department's head, Yang Liwen, had been smiling since yesterday.There were rumors that he will be promoted after he had a meeting with theleader!

But noone had heard of any leaders in the provincial government will be transferringout. A leader will be transferred to the Central Government? All the people inthe government were asking around. If any leaders were to move up, there wouldbe a vacancy, and the leaders at every level will have a chance to move up too.

Today,Yang Liwen called for a meeting with middle management suddenly. This was arestructuring meeting. Everyone in the provincial government was shocked.

It is usualfor the department to have a restructuring after Lunar New Year. But this isbefore Lunar New Year. Longjiang Province is still covered in snow. TheWaterworks Department have a new project? Digging ice holes?

"Ireceived a piece of good news during the meeting with the leaders yesterday.Our province will be upgrading all the dams. We are going to receive asignificant amount of funds!"

Everyoneat the meeting was excited. With sufficient funds, they can start a lot ofprojects, and their bonuses and welfare will increase. Of course, there werestill unspoken benefits like the cities receiving the funding will have to givesomething in return.

You arenot willing to return the favor? Fine. I will issue the fund to another city.Your city will be left out.

"You allare thrilled? But this also means that we will have lots of projects next year.We will be overwhelmed with work, and it will be tough. Now, there is a taskfor all of you. Notify all the waterworks department heads in the variouscities to raise funds for waterworks. All the funds have to be credited intoour Provincial Waterworks department's account. After we had tabulated theaccount, we will double whatever they raise and return back to them!

Everyoneat the meeting was confused. What does this mean? The Provincial Government isnot going to issue funds? We still have to raise funds and transfer to theProvincial Government?

TheProvincial Government will double and return the funds back to the cities? Theamount of tax received by the Provincial Government is limited. What if a citymanage to raise 100 million RMB of funds?

You dareto double it and issue back to them? The Provincial Government will kill you!

"What areyou all keeping quiet? Old Liu, you are in-charge of Qi City. How many fundscan you raise?" Yang Liwen starts to ask individually.

"Leader,what do you mean by this? Our department is not a powerful department. What ifthe cities' leaders do not want to cooperate?"

"Youdon't need to worry about this. All the cities had already received thenotification from the province. They will cooperate with us. If any citygovernment refuses to cooperate, let me know. I will speak to the ProvincialGovernment leaders!" Yang Liwen firmly replied.

Yang Liwenwas not the head of the traffic enforcement or finance department. Usually,those city mayors or their deputies do not care about him. You are not the oneissuing funds to the cities, what's there to talk?

But thistime it is different. The Leader had promised him. If he could raise 1 billionRMB, the Provincial Government will top up the same amount, and the total willbe 2 billion. The whole province's waterworks will improve by leaps and bounds.This will be his credit.

XuChangyou made this promise because the Provincial Government does not haveenough funds. All their surplus had been invested into Beidacang Group, and thecompany still has not generated any returns yet. There might also be no profitsin the coming year. If the Provincial Government were to invest a sum of moneyinto the waterworks, there would delay in their other projects.

But now,Feng Yu is going to donate 1 for 1. If Xu Changyou still does not grab thisopportunity, he will be an idiot! But the Provincial Government does not havemoney. He can only ask the cities to raise funds themselves.

Upgradingof the dams is a good project, and the leaders will be able to gain browniepoints. When all the City Mayors heard about him, they start to think of waysto raise funds for the Waterworks Department.

After thefunds were doubled and returned to them, they will take out the amount they putin. The remaining funds will be enough for them to build and repair the dams.

Feng Yudoes not know about this. He is currently raising funds for the donations. XuChangyou had agreed, and Feng Yu will not go back on his words.

Feng Yumanaged to raise 500 million from his companies and felt it should be enough.He knew the Provincial Government does not have a lot of money. He estimatesthe province will be about to raise 300 million RMB at most, but he will stilldonate 500 million. He will donate another sum next year. This amount should beenough to strengthen the province's waterworks.

The damswill not collapse during the floods in 1998, and the people will be able tokeep their houses. Feng Yu will think of other solutions for the flooding ofthe fields. Maybe he can ask the farmers to switch to corn. This will be betterthan losing all of their harvests.

Today, XuChangyou called Feng Yu personally to invite him over for a meeting. TheProvincial Government had completed the budget for next year. They had setaside more budget for the waterworks.

"1Billion RMB?! Leader, you are telling me that the Provincial Government had setaside 1 billion RMB budget for Waterworks?!" Feng Yu could not believe hisears. Where did the province get so much money? It's 1 billion and not 10,000RMB. How can they get so much?

BeidacangGroup had been losing money. Although Longjiang Province had revived itsindustrial industry, not a lot of the taxes collected is handed over to theProvincial Government. The sub-provincial cities have high control over thecollected taxes. Based on Feng Yu's estimation, the province will not investmore than 100 million into waterworks.

AfterFeng Yu promised to donate to the waterworks, the provincial government willincrease its budget. But it should be 200 to 300 million RMB at most. It willnot be more than 500 million RMB. Where did this 1 billion come from?

XuChangyou had raised slightly over 800 million from all the cities, and theProvincial Government topped up the rest to make it 1 billion!

XuChangyou asked Zhang Ruiqiang how much money Feng Yu has. Zhang Ruiqiang onlytells him that Feng Yu is the wealthiest person in China. Just his assets inBing City is enough to make him one of the top tycoons in China. Moreover, FengYu still have investments in other provinces and overseas. He told Xu Changyouthat Feng Yu's total assets might be more than 10 billion RMB!

When XuChangyou heard this, he was overjoyed. 10 billion RMB? How much is that?Longjiang province's taxes are not even a fraction of it!

But XuChangyou could not say anything. Feng Yu got his money from legitimatebusinesses, and he even donated lots of money to build school buildings in theprovince. His donations had helped the province save a lot on education.

Afterhearing Zhang Ruiqiang's analysis, Xu Changyou decided. You say if the provinceis about to invest 1 billion RMB, you will donate the same amount? Now I have 1billion. Let's see what you are going to do!

ZhangRuiqiang had said that Feng Yu had never go back on his words when it comes todonations. Xu Changyou will not let go of this opportunity.

If thisgoes according to plan, Xu Changyou's retirement might be delayed. He will notmiss this opportunity to get political credits. Even if his retirement is notdelayed, the people in the province will benefit from it. Anyway, he is notgoing to pocket the money, and it's the province that gains from it.

"ManagerFeng, you are the one who told me that if the province can raise 1 billion, youwill donate 1 billion. Now, the province is going to invest 1 billion into thewaterworks."

Xu Changyou looked at Feng Yu, smiling like a cunning fox……