586 Report on the Banking Sector of the Qin State
Han Shu was already very dissatisfied with Qin's "dragging". But the Qin State still studied what they had to do step by step.
The way of thinking of the Qin kings is still stuck in the agricultural civilization of the past. And Meng Yi is in a transitional period. There is one thing in common, though. They finally realized that the main source of the state's tax revenue came from commercial activity. King Qin's understanding is still a little higher. He even thinks that this is the activity of capital.
The bank's investment department finally informed King Qin of the report they had summarized. So far, the state of Qin has not set up an organized department to collect various economic data. Banks take on this difficult task automatically.
"Yes." King Qin looked at a large number of reports from the bank with some irritation. These reports are written in secret hemp. There are also some charts and data in between. The bankers of the Qin State automatically used the icons and appliances that they thought would solve all their problems. And these things are too strange to the Qin State.
Although King Qin didn't understand for a while, he still looked at these reports with great perseverance.
And Meng Yi was also cooking some information on the side. Banks always use numbers to make the difference. These numerical issues were what King Qin was not good at. Not only the numbers, but the meanings represented by these numbers gave King Qin a headache.
"Someone. Go get someone from the bank. Let him explain the problem directly. "King Qin is annoyed. Totally annoying. There are too many numbers. He remembered it all. Explain the amount of investment in the first quarter. Q1 Funds Flow Allocation. Explain the circulating funds, fixed funds. Amount of deposits absorbed. the amount of money lent deposits, etc.
Xiao He is very comfortable with the banking industry. When he first took over the banking business. He suddenly discovered the decisive power of capital in the whole business activity. The power of capital is very large. And the bank is very effective in controlling all the capital of the society and even the entire Qin State. Not only that, but this capital flows like water to all countries. through the connection of these capitals. Any country that has established economic relations with the Qin state. It is inseparable from the control of Qin's capital. It can be said that Qin's bank is even more powerful than his army of tigers and wolves. The Tiger Wolf Army is capable of destroying a country. But it is not possible to effectively integrate a country into its territory. And the state of Qin can. These capitals are like armies that can be replicated infinitely. Not only could they put the army of the State of Qin to work for them. And it can also expand the territory. Banks lend to various businesses. Various enterprises have come together through the power of capital to form an unprecedented force. They produce weapons, logistical supplies. Then organize the army, seize the raw materials, the land. Mineral. These things are then acquired in the form of auctions. Then, with the help of capital, they began to frantically carry out the next round of demand production. If you work in one industry, it's hard to find the secrets. However, working in the banking industry made him easily see the power of capital.
"Alright. What does this report mean? The King of Qin was disturbed by these reports. He had never felt so state affairs. Xiao He was sent to explain the bank's report as an elite in the banking industry.
Xiao He saluted with both hands, and then began his understanding. This report was not made by him. If he had followed his approach, he would have made a big program first. It's not such a big pile of clueless reports.
"That's probably what the bank report meant." After reading it, Xiao He began to say some of his understanding.
"Qin's current investment in light industry, such as boots, clothing, etc., began to diverge greatly. This differentiation is the external force of the power of capital. Xiao He sees the export of capital as an external force. The interdisciplinary nature of the Qin State is too powerful. The schools of physics and chemistry always unconsciously complete some crossovers.
King Qin motioned to continue.
"On the one hand. This industry is limited by the development of the market of Chu and Qi, the abundant labor force in South Korea, the pressure of transportation, and the abundance of capital in the domestic market of Qin. Saying that, Meng Yi explained to Qin Guo. Korea is strategically located, and King Qin knew the importance of geographical location better than any other king. And it takes a lot of labor to produce these things. The main reason is that machining cannot be utilized in some places. For example, the sewing aspect of clothing. It also has to be done by hand.
"On the other hand, the market demand in our country has allowed the industry to upgrade. There are high-quality brands such as British brand, high brand, snowflake brand and other clothing and shoes in our country. These brands are expensive, but they have a large production value. One pair of shoes is more than the price of twenty pairs of shoes produced in a normal factory. Moreover, the place where these shoes are supplied is the top of the countries. King Qin nodded. Afterwards, King Qin himself picked up his leather shoes and looked at them. King Qin's dress also began to become simpler. Because of the unusually troublesome wearing of traditional costumes. Too much time was wasted. King Qin accepted more modern clothing early. King Qin took a look at the shoes, and sure enough, he saw the brand on the shoes. This is a high-brand men's leather shoe produced by Zhao Gao. These shoes have a comfortable cow tendon sole. Toughness has improved a lot. And the shape of the shoes is close to the shape of the feet of the King of Qin. It is very comfortable to wear, not only shoes, but also insoles. I use a breathable and sweat-absorbing linen pad. It can make the shoes more comfortable to wear. If it weren't for Xiao He's introduction. King Qin really wouldn't have noticed that a small shoe had made so many names.
"The output value of these high-end light industries is very large. Many Qinguo light factories are stepping up to create their own brands. And develop a variety of new products. And there are others, which have always won by quantity. It is a low-end price war strategy. But this is not the trend, and the output value of these factories is decreasing. The taxes they create are also decreasing. The reason is that their income has decreased. The cost of labor, transportation, and raw materials is increasing. Their price-cost advantage is becoming their disadvantage. Xiao He said.
"On the contrary, some businessmen began to want to set up factories in South Korea. Because labor there is extremely cheap. They only need to pay one Qin and a half taels, and they can work for a day. And we need to pay more than three and a half taels to get those Zhao people to work. Xiao He said.
"Yes. There are other aspects as well. For example, Daqin's steel, weapons, these heavy industries. King Qin said.
"Speaking of which, Your Majesty, please look at this report." As he spoke, Xiao He handed a report on hotel catering to King Qin. King Qin looked at Xiao He for some reason. He didn't understand what Xiao He meant. The report's icons show that hotel catering in the Qin State is developing at a breakneck pace. The most recent quarter had revenues far exceeding any previous quarter. Isn't that great?