Chapter 849 Winter Raid
That year, the Qiongdao Administrative Region of Guangdong Province was abolished, and Qiongdao Province and Qiongdao Special Economic Zone were established.
Qiongdao Province became the largest special economic zone in the country and the only provincial special economic zone.
Then, countless gold diggers from all over the country flocked to Qiongdao with their dreams, thinking that Qiongdao was another Pengcheng.
Qiongdao's area was even larger than Pengcheng, and its potential would also be much greater than Pengcheng.
A capital feast of passing the parcel began.
A huge real estate bubble was born.
Now the housing prices in Qiongdao have risen to a crazy 7,500 yuan/square meter, and some real estate projects have even risen to 10,000 yuan/square meter.
The housing prices are the highest in all provinces and cities in the entire mainland.
At this time, Qiongdao Province, which was at its peak, had more than 20,000 real estate companies, and the entire Qiongdao Province had a population of only more than 6 million.
In this game of passing the parcel, tens of billions of funds poured into real estate.
At the beginning, some people built houses and wanted to sell them.
But later on, people became more and more daring. They didn't even need to build houses. They could sell them as long as they got the land red line map. Many projects still didn't even have foundations after several transfers.
Although it boosted economic growth, problems followed.
The bubble will eventually burst. In 1993, it was not as everyone imagined that the housing price in Qiongdao Province could break 15,000 yuan/square meter.
Just after the Spring Festival holiday, the authorities issued 16 articles.
Control credit, control interest rates, and recover illegal demolition, each move is fatal.
The authorities ordered the presidents of banks across the country to recover the loans of "stock fever, real estate fever, and development zone fever" as soon as possible within three months, otherwise the leadership and personal responsibilities of the presidents of each bank will be investigated. For long-term deposits and treasury bonds of more than three years, value-preserving savings will be implemented with zero actual interest rates.
Real estate speculation funds were drained from the bottom of the pot, 20 billion funds fled from Qiongdao Province overnight, and the real estate bubble in Qiongdao burst instantly.
There are more than 600 unfinished buildings in the entire Qiongdao Province, covering an area of more than 16 million square meters, 18,834 hectares of idle land, 80 billion yuan of capital backlog, and 95% of Haikou's 13,000 real estate companies have closed down at once.
At the same time, the national housing speculation momentum was severely poured with a basin of cold water, the real estate market regained its rationality, and housing prices returned to where they should be.
At this time, no expert from the Academy of Social Sciences would jump out and say: Housing prices are too low and are not conducive to young people's struggle!
No one would say: Housing prices can only rise and not fall, and ordinary people will suffer the greatest losses when housing prices fall.
Similarly, no expert would say: You can't afford a house because you are poor and your income cannot match the current housing prices.
Naturally, no expert would suggest: Farmers buy houses in the city and drive back to the countryside to farm.
Liu Tao came to Qiongdao. Haikou was obviously warm, but it made people feel extremely cold.
A large number of people were unlucky and lost all their money.
Only a few left in time.
Those who should take responsibility, none of them are left behind!
No one can escape.
Whatever you eat, you must spit out.
This is also Liu Tao's condition.
If you mess up, someone must be responsible.
Since it's all rotten, let it rot to the end, and then clean up the mess.
One month, not even a month, the speculators and real estate companies went bankrupt.
This time, Liu Tao came with a team composed of Huaxia Construction Group. They will check every house. If it is a shoddy project, they will tear it down and start over. If it is good but lacks funds and has not been completed, they will invest all the funds to continue to build it.
In addition, there is a planning and design team transferred from Hong Kong, which will re-plan and design the entire Qiongdao.
Tourism, shopping!
This is the positioning of Qiongdao Province.
Financial industry, trade, industry, etc., are all not suitable for Qiongdao.
Because Qiongdao is an island, there is no transportation connection with Guangdong Province.
The solution is very simple, that is, to build a cross-sea bridge or an undersea tunnel.
However, the construction of bridges and tunnels faces three major difficulties: technical conditions, funding sources, and geographical location.
Building a cross-sea bridge requires a lot of advanced equipment and technology. It is a very complex project, and the difficulty is no less than building a large hydropower station. The width of the Qiongzhou Strait is about 20 kilometers, but the Qiongzhou Strait is terrifyingly deep, with an average water depth of 44 meters and a maximum water depth of 114 meters. It is almost impossible to build a cross-sea bridge in such a deep environment, not to mention the annual typhoons.
As for the construction of an undersea tunnel, it is actually almost impossible to build a cross-sea bridge, because there is also a trench in the Qiongzhou Strait, and this is one of the seismically active zones in my country. It is not far from the junction of the Asia-Pacific plate, and seismic activities are frequent, and small earthquakes are frequent.
As for the issue of money, it is secondary.
Therefore, Liu Tao's positioning of Qiongdao is tourism and shopping, and it has become a tourist destination. As for the main means of transportation, it is ferry and aviation.
Build a high-speed rail station on the other side of the Qiongzhou Strait, and tourists who come to travel can quickly get on the ferry after getting off the station. Or, take a plane directly to the airport of Qiongdao.
Now, Qiongdao Province only has one Phoenix International Airport, which is in Sanya.
It is called an international airport, but in fact, only the first phase of construction has been completed, with a total investment of 1.47 billion yuan. The terminal area is less than 20,000 square meters, with 2 boarding bridges and 9 parking spaces. The annual passenger throughput is 1.5 million, which means that there are 4,100 passengers a day. If the number exceeds this, the airport cannot bear it.
And this is obviously not possible.
Liu Tao came here to conduct preliminary inspections.
As for taking over, we have to wait until a new batch of people are in place before we can talk about it.
Otherwise, I don’t know who to talk to at this time.
After Liu Tao inspected it, he felt that Qiongdao was very suitable for building a tourist destination. Qiongdao is located on the northern edge of the tropics and has a tropical monsoon climate. It is simply a natural greenhouse. There is a long summer and no winter here. The annual average temperature is 22~27 degrees Celsius. The temperature in the coldest January is still 17~24 degrees Celsius. The attraction of winter here to people in the north, especially the three northeastern provinces, is simply fatal.
Let alone attracting overseas tourists, as long as it can attract tourists from all over the country, or as long as it can attract tourists from the north, it is enough for Qiongdao Province to develop.
As for industry, without transportation conditions, Qiongdao's industrial road is almost impossible.
However, there is great potential in fishing and port supply.
In addition, because there is no frost all year round, the winter is warm, rice can be harvested three times, and vegetables are available all year round, the development of agriculture and tropical cash crops is more promising.
However, the most promising development is still tourism, and then around the tourism industry, shopping, services and other aspects are developed.
