Sending away the Duke of Württemberg, who was bald and happy to be made bald by wool, Wu Chenxuan came to the original Six Provinces Autonomous Advisory Bureau in the east lane of the county, which is now called the United Parliament Building (if a province joins today and a province joins the alliance tomorrow, it can't catch up with the change of brand, so it is simply called the United Parliament if it is vague. Today is a review of the economic development situation of the past five years and the government work report, although this work has little to do with Wu Dashuai's position, but who does not know that this young marshal is the leader of most of China, so although it is Xu Juren who presides over the meeting, he has to ask Wu Chenxuan for instructions before every speech. Moreover, the meeting began with a speech by him, the titular defense minister, so does this have to say anything else?

From the first year of Xuantong to the fourth year of the Republic, the growth rate of the industrial sector reached 8-9%, although such a growth rate is estimated, but considering the low starting point of growth in the provinces except Shandong, Jiangsu, Zhejiang and Zhili, the share of the entire industrial sector in the GDP of the 14 provinces is still below 30%.

The industrial growth is significant in the power industry and the coal industry. In agriculture, there is also a modern economy that has begun to be passively enjoyed by industrial and commercial capital, with the three major rural construction policies of rural cooperatives, the abolition of lifelong employment, and the education of civilians. Encouraged by the gradual formation of light and heavy industries, China's modern industrialization has begun to take shape.

By the end of the fourth year of the Republic, the output of factories, handicrafts, mines, and utilities in the 14 provinces constituted just 27.5 per cent of the net output. handicraft production accounted for 43.8% of the industrial component; factories accounted for 40.9%; mining accounted for 9.0%; Utilities accounted for 6.3%. Of the estimated 36.91 million non-farm working population, 14.13 million (37.9 percent) are employed in handicrafts, 11.13 million (30 per cent) in factories, 1.77 million (3 per cent) in mines and 40,000 (0.01 per cent) in public utilities.

Through the analysis of the development trend of industrial output value, Miao Xingcun, the general minister of industry and commerce, pointed out that although China's economy faced unprecedented difficulties in the early period of the founding of the People's Republic of China, the general trend of industrial development continued to develop amid ups and downs, and reached the best level in modern history in the fourth year of the Republic. For example, light industries such as knitting, silk weaving, dyeing and weaving, printing and dyeing, and wool textiles, which originated 30 years after Guangxu, have made great progress, and a number of new industries have emerged, such as iron and steel, automobiles, electrical appliances, electrical machinery, dyes, salt chemical industry, acid and alkali industry, and so on, and the new industries have promoted the restructuring of the industrial sector. In addition, the variety of products has increased, and a small number of domestic products have begun to replace imported foreign goods. Second, the distribution of industrial regions is also expanding, and the technical level and management level of industrial production have been improved. Now in the automobile, pharmaceutical, precision instruments and other industrial sectors, Shandong has become an international quality assurance, only the standard system of dozens of large-scale industrial parks can supply the world's * nearly a quarter of the car, one-third of the medicine and nearly 65% of the precision instrumentation, of course, there is the unique Chinese aviation industry, now Germany, France, Russia aero engines are imported from China technology, Britain and the United States is directly from the standard aviation industry import fourteen-cylinder planetary engine, As for technology, anyway, the Montague family business and the Rockefeller aeronautical engineering company are both well-known and well-known factories in the country, and a joint research and development in terms of technology is not more face-saving than Germany, France and Russia? As for Japan's so-called independently developed Mitsubishi engines, they are just third-hand goods that were exchanged from France, and no one regards them as industrial countries and simply omits them when calculating the distribution of the aviation industry.

Since the founding of the People's Republic of China, China's heavy industry construction has mainly focused on industrial machine tools and national defense industry. The specific work is coordinated and arranged by the Machinery Industry Committee of the Shandong Chamber of Commerce and the Jiangsu and Zhejiang Chamber of Commerce. The chairs were Zhu Zhiyao and Teng Huzhen, and other committee members also included famous scholars Hu Shi, Yuan Jialiu, Wu Dingchang, Wu Yunchu, Liu Hongsheng, Wu Baixiang, and others. This institution and these scholars have made outstanding contributions to China's heavy industry. This year, the committee will also draw up a plan for the construction of heavy industry in light of national defense needs and possible local wars, and it is planned that within three years, heavy industries and mining industries directly related to national defense needs will be built in Shaanxi, Hubei, Shanxi, and other inland areas in central China, so as to enrich the foundation of China's metallurgical, fuel, chemical, machinery, and electrical industries. It is expected that by the seventh year of the republic, heavy industry associated with the military industry will be no less than that of Germany today.

Due to the attention and promotion of the United Council, most of the above-mentioned heavy industries, factories and mines have been completed and put into operation, and a small number are still in the preparatory stage. In terms of metallurgical industry, Hebei Handan Iron and Steel Plant, Shaanxi Yulin Iron and Steel Plant, Jiangxi Ferro-tungsten Plant, Sichuan Pengxian Copper Mine, Hubei Daye Mining Area, Yangxin Copper Mine, Hunan Shuikoushan Lead-Zinc Mine, Yunnan Tin Mine, Qinghai Gold Mine, Zhaoyuan Gold Mine, etc. In terms of fuel industry, there are Shaanxi Shenfu Coal Mine, Shanxi Datong Coal Mine, Shandong Zaozhuang Coal Mine, Henan Yuxian Coal Mine, Zhongyuan Oilfield and Shaanxi Yulin Oilfield. In terms of chemical industry, Caozhou Chemical Industry Zone, Fufeng Chemical Industry Complex and Puyang Chemical Industry Base have been formed; In preparation, there are Dezhou Machinery Factory, Shanxi Taiyuan Aircraft Engine Factory, Xi'an Electrical Equipment Factory, Zhengzhou Radio Factory, Taizhou Electric Porcelain Factory, Liujiaxia Hydropower Plant and so on. The thermal power station has spread all over the industrial parks and large and medium-sized cities, the installed capacity of the standard power plant has taken the lead in exceeding 1 million kilowatts, and the second place is the Meng family's "Guanghua Power", Zhu Zhiyao and Jiangsu and Zhejiang counterparts of the "Jiangnan Electric Power" can only be ranked third, Rao is so, because a large number of factories began to be on the standard machinery group of electric machine tools, so China's steam era flashed, directly into the power era, the gap for electric energy not only did not shrink because of the increase in the production of power plants, On the contrary, there is a tendency to further expand. In the next five years, the pithead power plants from the Shenfu Coal Mine, Datong Coal Mine and Yuxian Coal Mine will provide no less than 3 million kilowatts of installed capacity for industrial enterprises in the north, and then China will be enough to become the world's largest power country in the north alone, and whether it is power generation or power supply.

At present, the output of these industrial and mining enterprises is 3.9 million tons of steel, 332 million kWh of electricity, 7.8 million tons of coal, 120,000 tons of net tungsten sand, 174,000 tons of antimony, and 49 tons of refined copper. In addition to more than 80% of the materials produced in China as raw materials, some are exported to Japan and Southeast Asian countries, such as tungsten sand and antimony ore, almost half of which are bought by Europe and the United States, and Japan has not been touched.

The completion and commissioning of these factories and mines laid the foundation for China's defense industry. Because most of these factories and mines set up by the Machinery Industry Committee were industries that were not available or very lacking in China at that time, many of them had very close ties with national defense construction, such as the iron and steel industry, aircraft manufacturing industry, electrical and electrical materials industry, chemical industry, tungsten, antimony and other mineral industries.

However, during this period, the Hanyang Iron and Steel Plant built in the late Qing Dynasty was maintained by Uncle Li, with an annual steel output of 50,000 tons. At present, the steady rise in steel prices in the world has made it more difficult for Japanese people to part with Hanyang Iron and Steel Plant. Uncle Li slowly negotiated with the Japanese, Wu Chenxuan wondered if Uncle Li would give him a traitor's hat if he missed, but he still hoped that he could keep this family business, after all, it was also a historical accumulation, Amitabha, good, good.

Compared with the steady development of industry, commerce, especially the banking and financial industry, is almost changing with each passing day. First of all, the Investment Mutual Masonic Association has changed its name to the Central Bank of China, and the four major commercial banks of Shandong Industrial and Commercial Bank, Shandong Construction Bank, Jiangsu and Zhejiang Industrial Bank and Jiangsu and Zhejiang Commercial Bank have also formed the China Banking Association, and they have arrogantly announced that they have the qualifications of the only banknote issuing bank in the country, of course, without the endorsement of the Ministry of Finance, but these banks and their equity partners basically cover ninety percent of China's banking industry, and if they do not endorse a banknote issued in China, it can only be a piece of waste paper.

The Association of Banks, a group of four banks, now has a staggering £48 million in reserves (gold and silver at market value). Under the guidance of the Central Bank of China, the four major banks have carried out financial reforms in the form of a convention of the Association of Banks, and have actually unified their currencies and reformed the chaotic financial and monetary system since the end of the Qing Dynasty.

At present, silver still accounts for the majority of the reserves of the four major banks, so the convention promulgated the regulations on the manufacture of gold and silver standard currency, and implemented the abolition of the two yuan and the change of yuan. The specific measures stipulate that 1 yuan silver coin is the standard currency of all transactions, and every 1 yuan of silver coin (fineness is 0.88, circumference is 26.6971 cm) is 7 yuan and 1 cent and 5 cents. Financial institutions in Jinan switched to silver dollars in May of the fourth year of the Republic of China, and all other cities switched to silver dollars in July. On the same day, the new silver dollars and silver dollar equivalents of the four major banks began to circulate.

In order to prevent some countries from passing on the domestic crisis, they raised the price of silver and purchased a large amount of silver, resulting in a large outflow of silver from China, which seriously affected the development of the national economy and the original currency system. The Association of Banks has also developed a gold standard system and a dollar exchange rate lock-in system.

The central bank's imminent introduction of a new monetary policy in the next five years will be very successful in stabilizing China's currency, and can be hailed as the most thorough currency reform in China's modern history. The advent of China's first fully circulating non-cashable banknote, the Chinese Yuan, completed the unification of the currency and separated the value of the currency from the silver price, and entered the modern management of the currency. Subsequently, the state's control over the economy began to deepen, and on the other hand, the interests of local forces and even foreign banks in the concessions were weakened, and the development of the national economy took on a new atmosphere. Silver and silver dollars deposited by private and Chinese and foreign banks were handed over to the government. On the other hand, paper * money gradually became the currency instead of the silver dollar. In terms of auxiliary currency, the central bank also issued a large number of nickel auxiliary coins and aluminum auxiliary coins of 1 cent, 2 cents and 5 cents during the same period to complete the decimal system and solve the chaotic situation of auxiliary currencies at that time.

It can be said that the merchants have turned the governance of the country into a commercial activity through the chamber of commerce, and the traditional landlord families in the south are most afraid of this, but it is a pity that the tide of industrialization and commercialization, whether right or wrong, will eventually sweep the whole of China, and there seems to be no exception anywhere.