Shang Wen, the economic meeting of the cabinet, also invited Yingyu. This is because economic meetings without the participation of banks are very helpless. Monetary stimulus is needed to stimulate further economic development. Qin's economy was already inseparable from currency. Especially since the issuance of banknotes. The importance of money is highlighted.

The Cabinet Economic Council does not have many members, mainly in the economic field. As the deputy prime minister, Meng Yi also serves as another important department. That is the Minister of Economy, and this responsibility includes the provision of important economic data. Statistical economic figures.

"Just sit here quietly and listen." Shang Wen appeased Yingyu. It was the first time that Yingyu had attended such a meeting, which was held in Shangwen's office, and people could sit around casually. Only Yingyu sat alone in a lonely position. This made Yingyu feel a little uncomfortable.

"Here are some of the most recent economic data." Shang Wen handed over some documents to Meng Yi and asked Meng Yi to send them down. Those present are all heads of some economic departments under Meng Yi's control.

"Judging by the current economic data. All the development trends of our Qin State are very good. These have exceeded our expectations. Especially in agricultural production. At present, we have more than 8,000 registered livestock farms, and the number of agricultural cultivation is relatively small, but the number is still huge, currently about 5,000. Food statistics are not available for the time being. But judging by the futures market. This year's grain output has more than doubled that of previous years. In particular, the yield of wheat. There is a sharp increase in numbers. Shang Wen said with the report in his hand.

Yingyu took the information in her hand and did nothing. She didn't know what Shang Wen was going to do.

"Also, the news from the tax department. Because China implements a low tax policy. Although the amount of tax levied is small. However, our tax base is growing rapidly. The main sources of taxes are personal income tax, stamp duty, and foreign trade tax. Shang Wen said about taxation.

"Since it is not yet May, the next year's tax cannot be paid, and the government is still relying on stamp duty and foreign trade tax to maintain the operation of the government. This tax amounted to more than 2.21 million gold. From this figure, we can reflect how rapidly the economic aggregate of the Qin State has developed in a short period of time.

"These are not achievements that we want to boast about, on the contrary, we have some major problems." Shang Wen said.

"First of all, there is a huge amount of money from the private sector pouring into the banks. While the loan situation is doing well, it is clear that people are willing to put their money in the bank. The problem here is very big. Shang Wen said.

Yingyu was about to speak, but Shang Wen motioned not to move.

"Second, there is the land issue, and the other direction of capital inflow is land. The expansion of Qin's farms and livestock farms has far exceeded our expectations. The expansion of these farms and ranches will provide a large amount of food and meat supply for us Qin people for a year, or even for several years in the entire Six Kingdoms. Enough of them. Shang Wen said. Meng Yi shook his head and smiled after hearing this. The Qin State was still the first to suffer from the excessive production of grain and meat. In the past, the King of Qin was concerned about the yield of grain every time, but he could not increase it. But since the concentration of large tracts of land in the hands of a few people, Qin's grain has risen sharply to a new height, and Meng Yi is very clear about this situation. The treasury traded through futures trading platforms at a time when food prices were at a low level. The Qin State bought a large amount of grain, but the price of grain only increased by two cents. The farmer's house was full of grain, and although the price was not at a loss, the farmer was still willing to ship the grain out and sell it. Or use it to make wine. Anyway, there is a lot of food. For this purpose, the Qin State specially made a special wine-making order. The brewing industry has been liberalized on a large scale. Food production will also increase.

"The last problem is that we have increased our investment in some industrial production. But the rate of increase is slowing. The problem is that some people put money into the first two problems. Shang Wen said.

"So, the solution I'm proposing is to control the first two problems and solve the third problem." Shang Wen said.

"Me. I. Yingyu suddenly raised her hand and said. Shang Wen motioned for her to say.

"Do you want us to cut interest rates?" Yingyu said happily.

Shang Wen was surprised. This is exactly what I want to propose the next step of rectification, starting from the financial system. And then pull other industries. A rate cut will be done first. Unexpectedly, Yingyu was the first to bring it up.

"Go on." Shang Wen gestured.

"If our banks lower the interest rate to less than one cent, then the deposits deposited in the bank will be reduced, and at the same time, the threshold for loans will be lowered, which will greatly stimulate the development of the investment sector. For example, our stock market, as well as the futures market, and a lot of capital regrouping, starting to set up trading houses, carriage and horses, or enter other industries. Our bank deposits are already high. There is still a certain gap between deposits and loans, but this gap is narrowing, and this is for our bank. It's very stressful. We need to take steps to reduce this risk and provide the use of our funds. Only with loans can we make money. Yingyu said with the information.

Shang Wen nodded. Although Meng Yi knew that the role of banks was very large. But he doesn't know much about the operation. Because he's also learning. In particular, in some specific areas. The concept of capital has only recently appeared frequently in his notebook.

"Good. The first step in our plan is to cut interest rates. Massive interest rate cuts. In addition, the government has to carry out a series of measures, such as issuing government bonds and building a series of infrastructure. These measures will help us to improve the current unfavourable situation. Shang Wen said.

"Specific programs. I'm just making a preliminary list. If there is anything to add, please add it above. Shang Wen said.

"Alright. Others can get out. Shang Wen gestured. Others go out. Yingyu put the documents in her bag and prepared to leave. Shang Wen motioned not to move.

"I don't think you came up with the idea of cutting interest rates." Shang Wen said.

"Hey, hey. You're right. Not my idea. It's my men, and I've hired so many people for money. Why can't they come up with an idea that. Yingyu said with her hand to stir her hair.

"It's certainly not easy for someone to come up with the idea of cutting interest rates, and I want to get to know it. Or in the future, this person can be the prime minister, or the deputy prime minister. Or maybe the Minister of Economy. Shang Wen said.