However, no matter what Wang Canwen thought, he still had to sit down and listen to Ma Qi's arrangements for government affairs.

After Ma Qi took office, he adjusted Nanhua's technological development route and further opened up to private enterprises.

Although South China's state-owned enterprises have developed very well and are leading the world in technology, such state-owned enterprises are always slow to respond due to numerous processes and personnel issues.

The further development and application of the technology is completely unqualified in Ma Qi's opinion.

This is a defect of state-owned enterprises, and it is a defect that is difficult to change. If it is changed, it will inevitably lead to more serious consequences after a long time.

Ma Qi had been in charge of this area before and had thought about these issues for a long time. The current open policy was agreed to by the clan leader after he had an in-depth conversation with him before taking office.

It is said that Nanhua is a family state, but in fact its operating model is more like that of a country in the red camp. All industrial forces are state-owned, and the people are treated very well.

Ma Qi does not want to change this, but to use the vitality of the private sector to supplement state-owned enterprises.

After a week of discussion, Nanhua issued the first national decree of the new government.

Document on opening up private enterprises.

As soon as this document was released, it caused an uproar in the business circle in South China.

The merchants in Nanhua were actually feeling very uncomfortable, after all, Nanhua’s previous business environment was restricted.

If you want to develop manufacturing or other industries, forget it, it's impossible.

Not to mention that you can't register such a company at all. Even if you are allowed to register, you can't integrate into the circle of state-owned enterprises at all. You can't buy anything, so how can you talk about development?

Many South China businessmen, after making money in the service industry, catering industry and other industries, choose to set up large group companies in neighboring ASEAN countries.

Although they are inconspicuous in Nanhua, the economic scale behind them is not small.

Now that Nanhua has opened up to private enterprise development, these interested businessmen immediately went to the government to register.

At one time, a large number of private enterprises of various types developed in Nanhua.

They design their own products, then buy parts from state-owned enterprises, assemble them, and then sell them.

Just like electric cars, the Nanhua State-owned Factory has only updated the appearance of four models in all these years.

However, after opening up to private enterprises, in just one year, Nanhua's electric vehicles flourished and various appearances came out.

They even beat the state-owned electric car factory to the point of complaining to the higher authorities.

However, Ma Qi ignored these complaints. Under his arrangement, state-owned enterprises gradually transformed into parts suppliers and technical service providers.

More deeply rooted in the underlying technology industries.

In 77, a change occurred that had a great impact on the world. The United States announced that the dollar was officially decoupled from gold.

In order to compete with the New Zealand dollar, the United States has been slow to decouple from gold, but the current economic situation in the United States is very difficult, and its gold reserves are even about to bottom out.

At this point, they can no longer care about competing with the Singapore dollar. If they don’t decouple from gold, their economy will be dragged down.

After the decoupling, the US dollar began to flood the market, forcibly holding the world hostage and stabilizing their domestic economic conditions.

In the original history, countries had to accept this dollar economy under the pressure of the United States' national strength.

But it is different now. Although Nanhua’s new dollar is not completely pegged to gold, it is half pegged.

It’s just that the restrictions on gold exchange are relatively high.

Moreover, after so many years, the currency of South China has remained stable. For a time, a large number of countries began to reserve the Singapore dollar as an international currency.

However, the amount of Singapore dollars exchanged externally is not large, which has led to an accelerated appreciation of the Singapore dollar, which fluctuates with the US dollar.

Nowadays, one hundred Singapore dollars can be exchanged for more than two hundred US dollars.

Ma Qi had to intervene in the policy of the Singapore dollar, as this unrestrained appreciation was not conducive to the economic development of South China.

First, the Nanhua New Yuan opened up smaller denomination coins.

With one point down, centimeters and millimeters were opened up.

One cent can be exchanged for ten centimeters, or one hundred millimeters.

On the other hand, the Singapore dollar also began to be printed in large quantities, and large quantities of Singapore dollars were used to purchase various products from various countries.

The large outflow of Singapore dollars has alleviated the international demand for Singapore dollars to a certain extent.

It also prevents the Singapore dollar from appreciating without restraint.

Although the South China government was very upset, the people were very happy.

Their original salary and purchasing power increased again. Although their salary did not increase, their lives became much better.

In the past, Nanhua used fen coins, but now, Nanhua has started to use li and hao.

The new 100-yuan note is almost no longer used by the public. After all, its denomination is too large and it is not useful for ordinary consumption. It is mostly used for transactions between businesses.

The scale of Nanhua's economy increased rapidly due to the vitality of currency and private enterprises. In just 77, the economic scale increased by 21%.

It quickly surpassed European countries and became the third largest economy after the United States and the Soviet Union.

South China cannot compare to the United States and the Soviet Union in terms of sucking blood from its power.

The main reason is that these Southeast Asian rubbish are not even worthy of sucking blood.

After Ma Qi took office, he also wanted to change this, but after more than a year, he realized that some people were indeed unworthy...

For these Southeast Asian countries, they have now become suppliers of raw materials to South China, and their main development directions are agriculture and mining.

The basic industry transfer plan from earlier years was also thrown aside by Ma Qi.

Only Australia and Thailand still maintain a certain level of industrial development. As for other ASEAN member states, they are content to be the basic raw material suppliers to South China.

It is close and the demand in Nanhua is huge. We can consume as many Nanhua as possible. It is a way to make money. Why should we develop industry in a thankless task?

The leaders of these countries think this way because they are being forced too hard by South China.

The industrial transfer plan is progressing slowly, and there is pressure from both the people and Nanhua. The people at home do not like this kind of work that is tiring and painful and has to be done on time every day, while Nanhua is urging them to quickly implement the development of basic industries.

The ideas of the superiors and subordinates are completely opposite, and they are very distressed being caught in the middle.

Now that South China has changed its direction, these leaders feel comfortable.

This year, the rapidly expanding private enterprises in Nanhua not only competed domestically, but also went out of Nanhua and began competing in Southeast Asia.

They set up various industrial factories in border cities where Myanmar, Thailand, Malaysia and South China meet.

A large number of people from the three countries were hired into the factory.

After these private enterprise people left Nanhua, their work styles changed.

They colluded with personnel from the three governments and directly arrested people to work in factories, with a salary of only 3 Singapore dollars per month.

The labor cost of products has been extremely compressed, and the prices of things like computers have been lowered a lot again.

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