Reborn in 2014: A One-Man Tycoon

Chapter 677 Industrial Upgrading Fund

Meng Chuan's decision regarding salary and benefits not only brought cheers and excitement to the employees.

It has also attracted widespread attention in society.

Many people have said that Meng Chuan's company is a truly conscientious enterprise that cares about its employees.

In a short time, the reputation of Meng Chuan's companies soared, attracting numerous job applications from talented individuals.

Of course, this was made possible by Meng Chuan taking the lead.

It is unlikely that wages and benefits in other industries will remain the same as before.

People do not worry about scarcity, but about inequality.

If everyone's salary and benefits are roughly the same, then perhaps no one will say anything.

However, if some people get more work and others get less, it will inevitably trigger strong resistance.

However, these were not things that Meng Chuan cared about.

He was meant to be a leader.

He wants the entire population to awaken.

With the issues of entrepreneurial support and employee benefits resolved, the main agenda of Meng Chuan's live-streamed meeting today was almost over.

Next is the Q&A session.

The main focus is on support policies for the entrepreneurial dream city and issues related to employee benefits.

Jin Ping'er, a top host on Douyin, was also present at the event.

I noticed that everyone's questions are all closely related to their own lives.

She boldly raised her hand.

After Jin Ping'er became famous, she became more and more beautiful.

Her raised hand immediately attracted Meng Chuan's attention.

Meng Chuan smiled and gestured to her, and she immediately stood up and asked a question that could not be ignored:

"Mr. Meng, strictly speaking, I am also your employee. As your employee, I can only say that I am truly fortunate."

Jin Ping'er gave Meng Chuan a small compliment.

Then he continued:

"If we follow the salary and benefits set by President Meng, it will inevitably have a significant impact on the profits of ordinary factories or companies if they want to follow suit, and may even lead to a situation where the company's profits are not enough to pay the employees' salaries. However, if they do not follow President Meng's treatment, they may also face the problem of difficulty in recruiting workers."

"In this regard, I wonder if Mr. Meng has any suggestions that can help them?"

Jin Ping'er's question hit the nail on the head.

People who don't start their own businesses naturally hope for higher salaries and benefits.

But for entrepreneurs, especially those whose companies are barely surviving.

Employee salaries alone would be enough to crush them.

After all, many factories in China are barely surviving by relying on their high-quality and low-priced products.

When they lose their advantage of being both high-quality and inexpensive, they will inevitably face the fate of being eliminated by the market.

"I don't have any better advice on this issue."

Meng Chuan shook his head, saying with a hint of helplessness:

"However, I can say with certainty that even if these factories or companies manage to survive, they won't last long."

"Although our Dragon Country is the world's factory, it will have to transform sooner or later. We cannot maintain our status as the world's factory forever by sacrificing the happiness of our people."

“Looking at the world, the US, UK and France were all once the world’s factories, and they eventually completed their transformation.”

"If our Dragon Kingdom wants to maintain sustained economic growth, transformation is now imperative."

"Therefore, I suggest that those factories and companies must complete their transformation as soon as possible. The transformation from manufacturing to intelligent manufacturing is the only way to survive."

Meng Chuan's words were thought-provoking, prompting many to reflect.

In fact, it wasn't just ordinary netizens who were watching Meng Chuan's live stream.

Leaders from many departments are paying close attention.

Old Huang was no exception.

Meng Chuan's words indeed silenced those of them who were well-versed in economics.

In truth, they were well aware that Meng Chuan was right.

However, transforming oneself is no less difficult than scraping away flesh.

That really hurt.

As long as the status quo can be maintained for another day, no one has the courage to propose a transformation.

Moreover, no one can guarantee that the transformation will be the right thing to do.

This concerns the lives and food of 1.4 billion people; even the slightest mistake can lead to serious consequences.

Those would all lead to utter ruin.

"But for those companies, just surviving is already a struggle, let alone transforming from manufacturing to intelligent manufacturing."

Jin Ping'er clearly had a good understanding of people's livelihood.

She let out a long sigh.

But it also voiced the sentiments of many small business owners.

Yes, they also want to transform.

Now they are doing the dirtiest and most tiring jobs, earning a meager profit that is barely enough to support their families.

Transformation? Easier said than done!

"Therefore, I will introduce another policy, the industrial upgrading fund."

"If you are currently the owner of a small business, and if you have enough perseverance and courage to step out of your comfort zone and want to upgrade your industry, then come find me."

Meng Chuan said with a faint smile:

"As long as you pass our review, and as long as you have a business license, a factory, bank statements, and tax records, the industrial upgrading fund of up to 1000 million yuan can be credited to your account on the same day."

As everyone stared at Meng Chuan in shock, Meng Chuan continued:

"Moreover, under the same conditions, if the company succeeds, it can repay the debt with equity. If it fails, it will not need to repay the debt."

"Of course, the industrial upgrading fund behind the scenes needs to be subject to supervision by relevant departments to ensure that the fund is actually implemented and does not end up in the pocket of the boss."

"And I need to emphasize this point: illegal workshops without business licenses and tax records will definitely not pass the audit."

The three conditions that Meng Chuan mentioned later could not be considered conditions at all.

A 1000 million yuan industrial upgrading fund!

With money, who wouldn't want to upgrade their industry?

Who wants to do the hardest and most tiring work but only earn the least money?

As for the three conditions of equity repayment, acceptance of supervision, and prohibition of illegal workshops from applying.

That's how it should be.

If the industrial upgrading fund provided by Meng Chuan yields no return whatsoever.

Where did Meng Chuan get the money to continue providing funds to the companies that followed?

If you don't accept regulation, you don't have to pay back for failure.

Who can guarantee that the owners of those small companies won't just run away with the money?

As for the last illegal workshop, it cannot be applied for.

The illegal workshops do not operate or manufacture goods and do not pay taxes.

They completely fail to assume social responsibility.

Such companies are illegal to begin with, so it's only natural that they shouldn't apply!

The silence lasted only three seconds before being overwhelmed by a tidal wave of uproar.

Everyone present jumped up from their chairs and applauded wildly.

Meng Chuan's Douyin live stream room exploded with excitement.

"The key is 'industrial upgrading'! He's not just throwing money around, he's building a ladder for us!"

"My dad runs a small hardware factory and he's always worried about upgrading his equipment. This policy is a lifesaver!"

"I just took a screenshot and sent it to the family group chat. My uncle's garment factory should have upgraded to a more advanced production line a long time ago. Now we have the confidence!"

Some people also had doubts:

"Is it really that good? Won't the review process be very strict?"

Someone immediately retorted:

"A business license, bank statements, and tax records are all you need. That's the bare minimum, right? We can't let illegal workshops take advantage of loopholes!"

Meanwhile, in a conference room thousands of miles away, several leaders dressed in formal attire leaned forward in unison.

His gaze was fixed on Meng Chuan on the screen.

Director Li, who was in charge of economic affairs, tapped his fingers lightly on the table, his tone carrying a hint of barely perceptible excitement:

"A quota of 1000 million, funds arrive on the same day, and waiver for failure... This boldness is more aggressive than the support plan we discussed for half a year, but it is also... more targeted."

Even the elderly Mr. Huang, sitting in the main seat, was trembling slightly:

"He's forcing us to get serious."

Old Huang paused for a moment, then continued:

"We've been talking about industrial upgrading for so many years, but the difficulty lies in 'money' and 'courage'."

"Small businesses lack funds and are even more afraid of failure—Meng Chuan's approach not only provides the money but also eliminates their worries, thus overcoming the most difficult hurdle."

The young secretary next to him couldn't help but interject:

"But what if someone is fraudulently claiming subsidies? 1000 million is no small sum."

Old Huang's gaze was deep and serious as he said:

“He said he would ‘accept supervision from relevant departments,’ which means he’s handing the responsibility over to us. Instead of worrying about loopholes, we should think about how to do a good job of supervision—ensuring that companies that genuinely want to transform can get funding, while also preventing those who take advantage of the situation.”

He paused, then looked at the crowd:

"Pass the notice: convene a special meeting with all departments tomorrow to discuss how to cooperate with Meng Chuan's industrial upgrading fund. This isn't just his business; it's an opportunity for the entire industry to transform, and we can't afford to miss it..."

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