After World War II, the economic power of the Chinese Democratic Empire increased dramatically, and it had an all-round advantage in the world economy. Pen | fun | pavilion www. ｂｉｑｕｇｅ。 After completing the transition from a wartime economy to a peacetime economy, the economy of the Chinese Democratic Empire continued to grow further on the basis of the above-mentioned dominant position from the early thirties. From the 30th to the 50th year of the Emperor's reign, the GDP of the Chinese Democratic Empire grew at an annual rate of 4.5 percent. Although the overall economic growth rate of Western European countries and Japan caught up with that of the Chinese Democratic Empire (5.7% in France, 5.1% in Germany, 4.2% in Japan, and 2.8% in Italy) during the same period, the economy of the Chinese Democratic Empire remained dominant for a long time after the war. Of particular note is the 106 consecutive months of continuous economic growth in the Chinese Democratic Empire during this period, a record that was not broken until the emergence of the so-called "new economy" in the 90s.

The rapid economic development and maintenance of the dominant position of the Chinese Democratic Empire after the war were largely due to the intervention of the federal government of the Chinese Democratic Empire in the economy. The intervention of the post-war Chinese democratic imperial government in the economy was not in the form of industrial nationalization, but in the use of fiscal and financial means to intervene in the reproduction of capitalism. Its main characteristics are that it constantly relies on increasing fiscal expenditures in the state budget, relying on military orders and the imposition of preferential tax rates on monopoly organizations and even small and medium-sized private enterprises to stimulate production and increase investment in fixed capital in society. Although the Democratic Empire of China did not nationalize industry after the war, and its economic system still maintained a relatively typical private ownership of capital, the federal government of the Democratic Empire of China made a large amount of national policy investment in many emerging industrial sectors, major scientific research projects, and modern public facilities after the war. For example, the government of the Democratic Empire of China invested a total of 17.5 billion yuan in the development of the atomic energy industry from the fifth year to the fiftieth year of the first century. Since the end of the thirties, more than 5 billion yuan has been invested in the aerospace industry every year. The reason why the government of the Chinese Democratic Empire did this was because of the needs of the post-war scientific and technological revolution. Science and technology are productive forces, and the development of science and technology has a direct effect on the economic prosperity of the post-war Chinese Democratic Empire, however, the investment risk in the new science and technology industry sector is high, so the post-war Chinese Democratic Empire government took the initiative to undertake the task of investing in these sectors. The post-war intervention of the government of the Democratic Empire of China in the economy was also manifested in the fact that, in order to maintain a high level of exports, on the one hand, it exported through state purchases under the "foreign aid" program, and on the other hand, subsidized the export of certain products of the Democratic Empire of China. The share of exports provided under the "foreign aid" project in the first 30 years of the Chinese Democratic Empire was 46 percent in the early 30 years, about 30 percent in the early 40s, and about 20 percent in the early 50s. In addition, the government of the Chinese Democratic Empire further promoted the development of productive forces while easing class contradictions in the country by establishing nationwide scientific research and education outlets and implementing social security policies.

The economic development of the post-war Chinese democratic empire had a series of new characteristics. First, from the beginning of the 30th to 50th century, the economic growth of the Chinese democratic empire appeared in what Western economists called a "golden age." After the development of the "golden age", the GDP of the Chinese Democratic Empire rose from 523.3 billion yuan in the 30th year of the beginning of the Taichu Dynasty to 1,063.4 billion yuan in the 50th year of the Taichu Dynasty. During this period, industrial production in the Chinese Democratic Empire grew at a rate of 18%. By the first 50 years of the Taichen period, the Chinese Democratic Empire owned 45% of the world's coal production, 31% of crude oil production, and 43.5% of steel production. In the first 50 years of the Tailing Dynasty, the Chinese Democratic Empire owned 111 million cars, and 93% of households owned at least one car. In the first 50 years of the Taicheng Dynasty, the agricultural products of the Chinese Democratic Empire increased by 2 times compared with the 30 years of the Taichu Dynasty, and one peasant could feed 47.1 people. The main reasons for the "golden age" of economic growth in the post-war Chinese Democratic Empire are: (1) the above-mentioned intensified intervention by the federal government of the Chinese Democratic Empire; (2) the militarization of the national economy, which was intensified to meet the challenges of the post-recovery of European and American countries, greatly stimulated economic growth; (3) the post-war technological revolution promoted rapid economic development; (4) Take advantage of the post-war economic advantage, expand the export of commodities and capital, and make full use of cheap foreign resources, especially oil resources, so as to obtain high profits greatly; (5) The domestic political situation of the post-war Chinese Democratic Empire was quite stable.

Second, after the war, the center of gravity of the economic development of the Chinese democratic empire gradually shifted to the west and south. With the rapid development of new industries after the war, the western and southern parts of the Democratic Empire of China, which are not burdened by traditional industries, are particularly suitable for the development of emerging industries such as the aircraft industry, the petroleum industry, and the petrochemical industry, because of the raw materials for the new industries, oil. At the same time, new consortia emerged in the west and south of the Chinese Democratic Empire, competing fiercely economically and politically with the traditional conglomerates from the northeast. For example, the southwestern capitalists who occupied Burma and Thailand along the coast of India formed the New Southwest Consortium, which controlled the largest commercial bank in the southwest of the Chinese Democratic Empire, the Southwest Commercial Bank; In the south, Borneo also formed the Borneo Consortium due to wartime oil exploitation and the expansion of the military industry. In the early 40 years of Taichu, the Borneo consortium had become the fifth largest consortium in the Chinese Democratic Empire, and its strength was second only to the Shandong consortium, the Jiangsu-Zhejiang consortium, the Guangdong consortium and the Central Plains consortium. Although the Borneo consortium is less powerful, it often confronts other financial alliances and old conglomerates in the northeast, such as the Jiangsu, Zhejiang and Guangdong conglomerates. The growth of economic power in the west and south of the Chinese Democratic Empire, as well as the rise of new consortia in the west and south, also had a huge impact on the politics of the Chinese Democratic Empire. Before World War II, the power of successive governments of the Chinese Democratic Empire was mainly controlled by the central and eastern conglomerates, but this political situation began to change after the war, and the western and southern consortia gradually competed politically with the central and eastern conglomerates. The political power of the Chinese Democratic Empire was no longer monopolized by the northeastern part of the "maritime zone", and the "continental zone" in the west and south began to share political power.

Third, modern multinationals have risen in China's democratic empire. TNCs existed before empires were founded, but until the Second World War, early TNCs were regionally focused, and their economic power and business diversification did not reach the level of modern TNCs. After the war, modern multinational corporations first achieved unprecedented development in the Chinese Democratic Empire, which played a decisive role in the development of the Chinese Democratic Empire and even the world economy. The reasons for the rapid development of modern multinational corporations in the Chinese Democratic Empire in the first place are: (1) After the war, the Chinese Democratic Empire seized the leadership of the world economy by virtue of its absolute economic, political and military superiority. The monopolies of the Chinese democratic empire were thus free to expand overseas, make full use of global resources and the world market, expand and maintain their absolute share of the world market through direct investment, investment instead of exports, and thus win high profits. (2) The government of the Democratic Empire of China has adopted a very tolerant attitude towards enterprises, especially large companies. Since the end of the 19th century and the beginning of the 20th century, the Chinese Democratic Empire has experienced three waves of corporate mergers. The first wave of mergers took place at the turn of the 19th and 20th centuries, mainly in the case of large enterprises in the same industrial sector swallowing up small enterprises. The second wave of mergers took place in the decade after the First World War and was characterized by a shift from control of production, through control of the supply and processing of raw materials, and finally control of the sales market. The third wave of mergers occurred after World War II, from the 30th to the 50th year of the Taichu Dynasty, and was characterized by mixed mergers, that is, the merger and annexation of enterprises that were not related to each other in the production and sale of products, thus forming mixed joint companies. From the very beginning, the main goal of such a mixed conglomerate was not only to compete for the domestic market of the Chinese Democratic Empire, but to be guided by the world market, to design goods for the world market, to produce in several countries at the same time, according to the different distribution of global resources (material and human resources), and to aim its own financial and marketing strategies at the world market. As a result, the large corporations of the Chinese Democratic Empire, which had been incorporated into post-war mixed mergers, became modern multinational corporations. They have huge capital, a wide range of operations, and an emphasis on "global strategy" in their business operations, so they can make huge profits. For example, the Democratic Empire of China Standard Automobile Company's original main business was to manufacture automobiles and military vehicles, but after World War II, in addition to manufacturing automobiles, the company also manufactured aircraft engines, intercontinental missiles, submarines, aviation equipment and household appliances, etc., and set up subsidiaries around the world to form a global production and sales network to reduce costs and increase profits. The Chinese Democratic Empire Miao Haiyou Group merged 120 different industrial and commercial enterprises around the beginning of the 35th century, and expanded its business to the world, establishing more than 150 subsidiaries in 57 overseas countries, and expanding its business scope to bread and food, man-made fibers and textiles, construction, tourism, printing and publishing, finance and insurance and other industries and departments, of course, the telephone and communication industry is still the company's main business.

In response to the frequent economic crises, successive governments of the Chinese Democratic Empire adopted a series of "anti-crisis" measures (or "counter-cyclical" measures), including financial adjustments to discount rates. The buying and selling of securities in the financial markets, the relaxation of mortgage loans, and other measures, as well as fiscal measures such as increasing military spending, accelerating the depreciation of fixed assets, and introducing a "compensatory fiscal policy" (i.e., tax cuts, exemptions, tax refunds, and tax increases during the "boom" period). In the private economy, in order to sell surplus goods, monopoly capital enterprises have adopted a large number of consumer credits, housing and construction mortgage loans, and so on.

As a result of the implementation of these measures, the economic crisis of the post-war Chinese democratic empire was somewhat deformed. That is, the decline in production during the crisis was relatively small, and the most serious of the crisis in the early 42 years of the Taichu fell by only 15.1%. This was followed by a 13.5% decline in the 32nd year of the Beginning and a 12.0% decline in the most recent period (the 54th year of the Beginning). In the aftermath of the crisis, the period of recession and recovery has shortened, making it difficult to distinguish between the two. Economic crises erupt, whether "intermediate crises" or "non-intermediate crises", are more frequent than in the past.

The above-mentioned "anti-crisis" measures taken by the government of the Democratic Empire of China, as well as the expansion of credit by private enterprises, have caused increasing inflation. The average annual growth rate of the consumer price index increased from 2.8% in the 40th to 50th years of the first century to 7.9% in the 50th ~ 60th years of the first 50 years, while the average annual growth rate of the gross national product (at 50 years of the first 50 years) decreased from 4.0% to 3.1% over the same period. On the one hand, prices are accelerating, and on the other hand, the rate of production growth is slowing, and at the same time, the number of unemployed is growing. This situation creates a situation known as "stagflation".