Nan Ming Sun Never Sets

Chapter 342

In January and February of the first year of Guangfu, the busiest unit of the entire Lizhengyuan was the Economic and Development Conference. This importance is second only to the Ministry of War and the Ministry of Rites. Influential and most powerful ministry.

Almost [-]% of the meetings that Bai Mingxiu participated in were held with the Economic and Development Council, and sometimes other related units were also added.The Economic and Development Council formulates various development plans for the Ming Dynasty's economic industries and infrastructure construction, which will directly determine the flow of the huge Ming state budget.

Naturally, the main function of the Economic and Development Council is to formulate plans, and the cabinet of the Council of Parliament is the one that makes the final decisions.

The word that Bai Mingxiu heard most these days was "five-year plan".This is clearly a term from later generations, and now it has taken root in Daming, and it is rapidly moving towards reality.The five-year plan of the Ming Dynasty not only included economic construction, but actually included medical care, education, culture, and people's livelihood.It's just that economic construction is the most important part, and the core of economic construction is industrialization and infrastructure construction.

"...the top ten leading steel companies, the top ten leading chemical companies, the top ten leading coal mining companies, the top ten leading transportation companies, the top ten leading machinery companies, and the top ten leading military companies," Bai Mingxiu rubbed his temples and reminded: " I hope that you are not simply trying to make up a number, but rather be realistic, and get what you have, and making up a number is meaningless."

Yao Hanlong, the associate minister in charge of the Economic and Development Council and also the minister of the Economic and Development Council, touched his eyebrows a little embarrassedly and said: "The top ten are indeed made up of numbers, just for publicity, but We are still very pragmatic in terms of investment and construction, uh, for example, the investment amount of the tenth largest coal mine is less than a fraction of the investment amount of the first largest coal mining company."

Bai Mingxiu also laughed when he heard Yao Hanlong's frankness, and then he turned to Zhou Ziliang, the governor of the central bank, and said, "This series of investments in large heavy industry companies cost a lot of money, and now our country is using money everywhere. , The Economic and Development Committee means to raise debt, do the central bank and the Ministry of Finance have a detailed bond issuance plan?"

Zhou Ziliang smiled happily and said: "We have been making preparations for this since the time of the Guangdong Bank. The national debt plan is very complete, basically divided into three types of national debts: three-year, five-year and seven-year. In order to enhance liquidity, we have matched the bond market exchanges, which have been established in Shanghai and Guangzhou. In order to make the sale of treasury bonds go smoothly, we have first contacted chambers of commerce in various places, and all chambers of commerce have great subscription interest.”

Before Nanming ruled, some chambers of commerce actually existed.However, after the Nanming rule, under the instruction of Bai Mingxiu, a series of local or industry chambers of commerce were gradually established.These chambers of commerce may form capital interest groups, but Daming is a centralized state with strong public power after all, and it is impossible for a group of businessmen to ride on their heads.The main significance of the existence of the Chamber of Commerce is to enhance the control of the Daming Office over the state's private capital.

Chambers of commerce such as the Huizhou Chamber of Commerce, the Zhejiang Chamber of Commerce, the Guangdong Chamber of Commerce, the Hakka Business Travel Association, the Tea Merchants Federation, and the Jiangnan Textile Association have increased opportunities for the exchange of business information and partnership investment, and the chamber of commerce has It can communicate with the public office on a relatively equal basis, so businessmen also think that the chamber of commerce is a very good organization.

Previously, Bai Mingxiu had mobilized the capital of these chambers of commerce to invest in some industries that he wanted to invest in. Now, many businessmen who invested at the beginning have benefited a lot from the investment, and have gradually established their own businesses.

Bai Mingxiu also smiled slightly after hearing Zhou Ziliang's words.In fact, he is very clear about how the Office handles these chambers of commerce. Although many businessmen start their businesses after studying, many of their business ideas and practices are derived from inheritance or experience, which are relatively superficial and traditional.As a result, the central bank, the Ministry of Finance, and even the Financial Management Bureau and the Banking Regulatory Bureau mobilized a group of "peripheral organizations" to organize lecture tours for these chambers of commerce. The contents of the lectures included modern enterprise management, scientific management experience, investment and financial management. Small coups, low-risk investments like treasury bonds and funds.

Therefore, Bai Mingxiu still believes that the issuance of the first batch of national bonds will definitely absorb a batch of effective funds and invest them in industrial construction.

Bai Mingxiu was relieved about this matter, and he went to look at things related to infrastructure construction.

"Within five years, half of the Beijing-Shanghai, Beijing-Guangzhou, and Longhai lines will be built. Your railway construction is really not polite at all, very ambitious."

Yao Hanlong was very confident this time. He said: "Reporting to Your Majesty, the Railway Corporation is now a large state-owned enterprise with more than 2 employees and strong technical force. Some preliminary railway constructions of the Railway Corporation in Guangdong and Jiangnan are very important. It has achieved results. Moreover, our standard is that there are a lot of engineers, as long as we can hire a large number of railway workers and start construction of these three major railway lines at the same time, we think it is very possible to complete them during the First Five-Year Plan.”

Bai Mingxiu is very clear that for China, the railway is the real main artery that maintains the country's economic development and people's lives.A sound and efficient railway network can promote the rapid economic development of this country.Therefore, railway construction is the No. [-] position of all transportation construction.

Each province has a detailed road network construction, which is the construction of "national road + provincial road" in the First Five-Year Plan.Bai Mingxiu hopes that within five years, there will be roads connecting all prefectures and counties in at least each province, and an official road network will basically be formed.

In this way, the railway is the main artery, and the road network is the capillary, so the flow of logistics and people in the entire economy will run smoothly.

"The investment in this area is also very large." Bai Mingxiu felt that his scalp was also a little numb.

Zhou Ziliang laughed again this time, and said: "Basically, the Railway Corporation and the provincial road groups borrow 55% of the total investment from commercial banks. The central bank uses a relatively low reserve to stimulate the economy. Therefore, we expect a relatively large M2 total in a short period of time. However, as long as the consumption turnover, we will not have a large-scale price increase and inflation. "

Hearing these financial talents talking and laughing, Bai Mingxiu felt terrified. Bai Mingxiu was still quite uncomfortable with playing around with finance in the 17th century.

(End of this chapter)