At the restaurant.
Chen Yang said, "In principle, Yan Guo has no plans to issue its own currency. Currently, we plan to establish a state-owned bank that will need to connect with China's banking network."
Although Yan Guo is developing rapidly, at the moment, issuing a national currency would be an absurd idea. Not that it wouldn't be possible to issue it, but it wouldn't make sense. The value of a currency is directly linked to the prestige and strength of the country. Issuing a currency without international recognition would make it as useless as paper.
In this time of urgent need for labor, if you paid workers with a national currency, they would abandon work immediately.
Wu Pinyan nodded, this was not a problem.
He said, "King Chen, as for the manpower for Yan Guo's two new cities..."
Chen Yang replied, "The manpower issue has already been resolved and the workers are ready."
Wu Pinyan nodded with some disappointment. He hoped to be able to discuss with Chen Yang the possibility of this manpower being supplied by China. Considering the amount of work in Yan Guo, the two cities together would require at least a hundred thousand workers. Although for China's total population, one hundred thousand workers are just a drop in the bucket, every relief counts.
Chen Yang continued, "After the construction of the two cities, there will be a huge demand for workers. Especially in the steel industry, which is estimated to create at least fifty thousand jobs. Along with other jobs, we can offer around fifty thousand jobs."
Wu Pinyan's eyes lit up, but he didn't immediately make a proposal. It was still too early, and he preferred to discuss this later, when the cities were built. The important thing now was to establish strategic cooperation between the two countries.
Once the foundation is laid, if Yan Guo needs a large amount of manpower in the future, China can seize the opportunity to provide these workers.
As for implementation...
This is impossible.
While it may seem like just a matter of manpower requirements, it can also be potentially dangerous. If a country depended entirely on workers supplied by another country, everything would be fine as long as there was a good relationship between the countries. However, if for some reason disagreements arose, the supplier country could order the withdrawal of all workers, which would seriously harm the dependent country.
Although this possibility is small, it is necessary to prevent it.
This relationship was quite pleasant for both sides. Chen Yang clarified some details, but many others have not yet been addressed. For now, they were discussing superficially, and many details would need to be negotiated by the two countries' Foreign Ministries.
Upon leaving the restaurant, the two said goodbye.
Back at the hotel, Wu Pinyan asked, "Mr. Zheng, what about those plants and machines? Are there any problems?"
"No problem!" replied Teacher Zheng. "Yan Guo didn't lie, they really have mastered the technology essential for producing special steel."
Zhou Hang asked, "Which country did this technology come from?"
Their biggest concern was not the technology itself, but its origins. If the technology did not have a reliable origin, a small country like Yan Guo might not withstand the pressure from the technology's country of origin.
Teacher Zheng shook his head: "I can confirm that this technology did not come from Germany, Japan or South Korea."
Zhou Hang was surprised: "So what is the level of this technology?"
These three countries are recognized as the most advanced in the field of industrial technology, especially in steelmaking. If the technology didn't come from them, is it trustworthy?
Teacher Zheng pondered for a moment and said, "From the components of the machines, the technological level is on par with Japan and has actually reached Japanese standards."
Teacher Wang added, "The schemes are not complete, but they are enough for us to evaluate. The technology is indeed at the level of Japan and has substantial differences from Japanese core technologies. For example, in the superpure steel refining process, Yan Guo developed a new technology based on RH refining, completely different from the techniques used in Germany, Japan and South Korea."
"So we don't need to worry about technology. There will be no international disputes."
Zhou Hang was even more perplexed: "Where did Yan Guo get this technology?"
Teacher Zheng pondered, "I suspect that there is a mature team behind Yan Guo. The engineers in this team are undoubtedly of international caliber."
He even suspected that since Yan Guo's founding, the consortium behind Chen Yang had already planned for at least the next ten years.
However, possession of technology essential to the steel industry still seemed a bit surreal.
Even if there is a mature and cutting-edge team, developing technology that differentiates itself from those in other countries is not something that can be achieved in a short time.
But Yan Guo not only has the complete technology, but has also brought the corresponding technical equipment to the steel industry.
For laypeople, this may not seem extraordinary at all, but for those who work in this area, it is extremely impactful.
Wu Pinyan, stroking his chin, commented, "As long as there are no disputes about the technology, it doesn't matter where it came from... This isn't something we need to worry about."
Back at the hotel, he recounted the day's events.
From now on, the case will be handled by the Ministry of Foreign Affairs, and it can leave satisfied with the work carried out.