In recent times, Li Zhongxin often reads newspapers at this time, news and advertisements at this time in his spare time.

In the 1980s, it can be said that listening to the news broadcast was a pleasure, and watching advertisements made people feel a pleasant thing.

Li Zhongxin felt that although the advertisements at this time seemed to be incomparable to the large productions that cost tens of millions or hundreds of millions of yuan in later generations, each advertisement was very classic.

Although Li Zhongxin was reborn, he still attaches great importance to newspapers and advertisements, after all, the Internet has not appeared at this time.

The big and small things that happen in China, from national policies to laws and regulations, will be revealed in the news. If anything happens, the news will be broadcast as soon as possible.

When Li Zhongxin saw that China's first bankruptcy law was about to be implemented, he realized that at this time, some companies in China were about to begin to go bankrupt and contracting companies began to be implemented.

After the bankruptcy law is introduced, the reform plan for state-owned enterprises will come out. By that time, the spring of private or contracted operations in China will come, and Chinese companies will usher in a large-scale reshuffle.

Li Zhongxin saw that the newspaper said that on August 3, 1986, at a press conference held by the Shenyang Municipal People's Government, the responsible person of the Municipal Bureau of Industry and Commerce announced that the Shenyang Explosion-proof Equipment Factory, which had suffered losses for 10 consecutive years and had a liability of more than two-thirds of all assets, was declared bankruptcy and bankruptcy after one year of the "Bankruptcy Warning Notice".

This is the first enterprise to be officially declared bankrupt after the founding of New China. The traditional understanding and practice of socialist enterprises that do not have bankruptcy have come to an end.

After Li Zhongxin was reborn, what he heard most was that no matter when he was, he would have to serve a job. As long as he entered a state-owned factory, he would have no need to worry about anything in his life.

Our country is a socialist country, a country that allows all people to be prosperous together, and the country's factories will never go bankrupt.

The people who have this argument are not just a few people in Jiangcheng, but most people in the country have this view and understanding. So! Their enthusiasm for work has not been fully released. Only after they have seen that factories will go bankrupt, will they slowly change their old ideas.

Just a year ago, the Shenyang Municipal People's Government issued a "bankruptcy warning notice" to the Municipal Clothing Machine Factory 3, Hardware Foundry and Explosion-proof Equipment Factory in accordance with the "Trial Regulations on the Bankruptcy and Bankruptcy Handling of Collective Owned Industrial Enterprises in Shenyang City. This major measure shocked the country and abroad.

Time magazine wrote an article on this comment: "A phenomenon that is not uncommon in the West, where thousands of workers are warned that their companies are in trouble and that their jobs will not be saved this time, not in Detroit or Lyon or Manchester, but in Shenyang, northeast China."

A year later, Shenyang Explosion-proof Equipment Factory turned all this into a living fact.

Most people still have a skeptical attitude towards this matter. Even if the matter has been on the news and newspapers, people think that this matter is not true.

At this time, although Shenyang explosion-proof equipment factory went bankrupt, people have not yet realized this aspect, and they feel that this matter is just an example. The factory manager should have failed to do it well and broke the factory alive.
Chapter completed!