Chapter 761 - Hawaii of the East
Chapter 761: Hawaii of the East
Translator: _Min_ Editor: Caron_
Future Bank’s public listing went smoothly. The bank was expected to issue 30% of their shares for 11.9 billion US Dollar. Jiang Chen gave David Smith,?CEO of Future Bank, full responsibility on the listing process. The former Citibank executive was an expert in the financial field, so naturally, handling making the company public would be no exception. So on this matter, Jiang Chen didn’t need to seek help from B City Consortium Boston and he would be able to complete the matter himself.
After Future Bank was listed, it would continue to acquire small and medium-sized banks with the ten billion US Dollar from the proceeds, and it would continue to snowball and expand the heart of the behemoth!
On the other hand, at the beginning of April, Penglai City started to gradually enter the right track with the continued emigration of immigrants.
The economic structure of Penglai City was dominated by tourism, followed by the office industry, supplemented by small manufacturing and light processing.
According to statistics from the Xin Tourism Bureau, due to Penglai City’s grand opening and other influences, the number of tourists in Xin in March showed explosive growth. Compared to the 180,000 visitors in February, the number of tourists in March skyrocketed straight to 797,000. Based on the data from Xin Airlines, the number of air passengers in the month also exceeded one million, setting a historical peak!
Shocked by this high-tech city, many tourists expressed their astonishment after their visit.
“This is an incredible city! I didn’t think I could see the legendary Atlantis in my lifetime! The whole city is built entirely on the sea, but you can’t feel the slightest bump.”
“…”
“What impressed me the most was the security here. No matter where robberies took place, it never took more than five minutes after receiving a call till the criminals were caught. I saw a thief who hadn’t yet run halfway across the street before he was caught by a police drone with my own eyes. He tried to escape and was hit by rubber bullets to the point where he peed his pants. Haha, compared to Detroit, this place is heaven. I’m going to move.”
“The streets are very clean. The round cleaning robots are so cute. I don’t know where to buy them?”
“The shopping is amazing, the water activities are spectacular, and the traffic is impeccable. I can’t really think of any reason to leave a bad review. Yeah, the air here is really good! I plan to buy a level 1 unit here and spend my vacation here every winter.”
The world’s most trusted travel websites were filled with positive reviews with barely any negative comments.
The wave of positive reviews was partially because people always have the greatest tolerance for new things, but of course, there was the charm of Penglai.
Booming tourism led to a series of industry chains related to consumption and services. With such huge business opportunities, capital predators naturally wouldn’t let this opportunity escape from their grasp, and they swarmed in with cash. According to statistics from Penglai City Hall, as of the end of March, there were as many as 57,000 companies in Penglai City providing a total of 517,000 jobs for Xin.
Zhang Yaping, the president of Xin, was smiling so much that he couldn’t close his mouth. With the help of Future Group, the Pannu economy lifted off like a rocket.
At present, only a third of the half million job vacancies had been filled. The huge demand for labor attracted a large number of immigrants from East Asia and Southeast Asia. Influenced by the similar culture, immigration to Penglai City from Guangzhou and Fujian was particularly popular. The name of Penglai City, therefore, gained nicknames in Hua such as “the land of opportunity” and “Hawaii of t”.
In addition, the city’s municipal structure was even more surprising to the world.
Penglai itself didn’t belong to the territory of any country. Although it was nominally a part of Xin, both the laws and municipal administration were the responsibility of a department under Future Group – Penglai City Hall.
In other words, the island floating in the Pacific Ocean was a city completely controlled by a private enterprise.
The mayor would be elected. Every citizen with household registration in Penglai City could participate in the election through a personal terminal. The intelligent program would announce the election result and appoint the mayor. In addition to the mayor, Penglai City would also include a Citizens’ Assembly. Members would be elected by the citizens of each constituency with checks and balances to the mayor.
The justice, security, and military system were independent of the municipal system. The former had a separate system and was executed under the supervision of AI. The latter two were under the control of Celestial Trading, directly loyal to Jiang Chen.
Rather than saying the place was a private kingdom, it was more fitting to call it a giant enterprise. Every citizen on the island was an “employee” who, after “entry”, accepted the supervision of company rules and regulations and enjoyed the benefits of the company’s high technology under the framework of the law…
In addition, the residents of the island possessed a special right.
There was a vote to decide if Christmas and Lunar New Year should be spent in the Southern Hemisphere or the Northern Hemisphere.
At the beginning of April, with most of his work completed, Jiang Chen also gave himself a vacation. He took Ayesha, Xia Shiyu, and Natasha, who wasn’t invited to Penglai City, to enjoy a leisurely holiday.
In the beginning, Shi Shiyu said she couldn’t leave her job, but Jiang Chen decided to “forcefully” give her a vacation.
“Although work is important, life cannot be thrown away. Just relax this week and don’t think about work,” Jiang Chen said.
To be honest, upon reflecting on Xia Shiyu’s work schedule 365 days a year as her boss, Jiang Chen didn’t want her to work so much. Of course, this concern was unrelated to overtime pay but rather out of concern for her own health. Working so hard every day would be detrimental to her health in the long term.
During holidays, her access rights would be temporarily lowered by two levels and she wouldn’t be able to access her office door.
Having been accustomed to Jiang Chen’s decision-making process, Xia Shiyu sighed and accepted his good intentions.
However, in her heart, she did want to go on vacation with Jiang Chen. It was only in front of Ayesha that she always had a kind of incomprehensible anxiousness as if she did something unforgivable to Ayesha.
After all, that night, she followed her own heart and did something incredibly over the line with Jiang Chen. Even if she tried to pretend nothing happened with him, she was embarrassed and ashamed for that night’s move when she was alone.
What she didn’t know, however, was that Ayesha didn’t care about Jiang Chen’s harem, and she already knew what happened that night.
In this country, what could escape the eyes of Ghost Agents?
Fortunately, Ayesha wasn’t the jealous type and accepted the idea of a harem. If any other woman controlled the intelligence department, it would be a bloody reign in Jiang Chen’s harem…