On April 15, Tang Shaoyi, Minister of Finance, Xu Jianyin, Minister of Industry, and He Xing, Minister of Commerce, gathered at the Prime Minister's Office. However, after Qin Kai got the report, what made him feel most calm was the Great China Census report, which took two years to complete.

Of course, this report has lasted too long, and in the face of a huge country with a population of nearly 550 million, the error must be there, but it has given him more confidence in the future development of the industry.

The Ministry of Finance, led by Tang Shaoyi, produced a report on fiscal expenditure for the previous year, showing that although traditional taxes such as agricultural taxes and salt taxes had been completely removed from state revenues, with the vigorous development of domestic industry and commerce, especially the development of resource industries in overseas provinces, the national tax revenue for the whole year of 1891 surged by 21.5 percent, reaching an astonishing 610 million yuan, and according to the current ratio of silver dollars to pounds 1 to 4, the state fiscal revenue has reached an astonishing 152.5 million pounds.

And the statistics of the GDP of the entire Greater China region, because of the storage of the Nanyang Free Port, the Ministry of Finance is really difficult to count in the current situation, but this news does make Qin Kai feel great excitement, although in terms of industrial capacity, China has not really been able to challenge the first place of the United States and the second place of the German Empire, but in terms of economic aggregate and fiscal revenue, it has indeed rapidly approached the British Empire.

At the beginning of the year, due to the financial crisis that had just erupted from the Russian Empire, the rapid collapse of Russian domestic bonds and stocks affected the economic situation of the whole of Europe, although it does not seem to be enough to cause the economic crisis. But economic growth across Europe has been sluggish. The total GDP of the British Empire, including its overseas colonies, did not increase but decreased.

But. The GDP of the British Empire this year still reached a staggering 1.95 billion pounds, and the British government revenue exceeded 160 million pounds, but due to the continuous military spending of the Boer War and the huge need for South Africa's post-war reconstruction, Qin Kai is convinced that Prime Minister Salisbury must be anxious about the money bag in hand.

There is no doubt that the first year of the 20th century was marked by the fact that Greater China accounted for nearly one-third of the world's population and East Asia's prosperous commodity economy. The country's fiscal revenue has increased substantially, and it is rapidly approaching the British Empire, the global hegemon of this era, but compared with the prosperous industrial scale of Europe and the United States, Qin Kai will not think that in just 10 years, the domestic industrial scale can surpass that of the United States, Britain, and Germany, which have developed for decades.

However, in any case, with the advent of the domestic industrial revolution, a huge demographic dividend. It has far more favorable economic development prospects than the white world, and also has national tax revenues that far exceed the scale of the country's industry.

The Industrial Fund, which has been operated by the Ministry of Industry. After completing the investment in nearly 70 resource projects in overseas provinces last year, the fund scale still received a net inflow growth from the Global Sources consortium, and now the asset scale has reached nearly 500 million yuan, which is nearly double the size of the fund at the beginning of its establishment.

After reporting a series of good news, Tang Shaoyi naturally did not forget to quickly bring back the money bag he had ordered, and he submitted to Qin Kai a national infrastructure construction plan for the first quarter of 1902, which even included the grand idea of building four bridges on the Yangtze River and the Yellow River.

Qin Kai has no opinion on the appropriation of the Ministry of Finance in accordance with the cabinet proposal, except for limited military spending and government expenditure, almost all the national tax revenue is invested in the coal and iron complex, infrastructure, industry and commerce, agriculture, education, medical fields, and among them, Qin Kai's only special mention is to add a piece of heavy industry investment in the automobile industry.

Unexpectedly, Xu Jianyin, who was in charge of industrial funds, proposed to Qin Kai an idea about the operation of a huge industrial fund, as the head of the Ministry of Industry, his responsibility was really not light, and he had to participate in the operation of this large industrial fund, which had reached the point of being powerless, so he was very direct to resign from this work.

At the beginning of the founding of the People's Republic of China, such a large amount of capital almost all came from the Nanyang system, and if it was directly incorporated into the national finance, it was somewhat out of place, and Qin Kai had long considered that a large amount of research and development funds might still need to be secretly supported by himself, so he finally chose this fund model between public and private.

But with the election of three governments, the Baath Party has undoubtedly become the largest political party in the country, Qin Kai does need to consider the relationship between the Nanyang Department and the State-owned Assets Department, and he is obviously far clearer than any other, the disadvantages of the so-called state-owned industry, but he also knows better than anyone that at this critical moment of the country's prosperity, he still needs to make full use of the power in his hands to build an unparalleled industrial system for the country.

The domestic industry, which is rooted in the Nanyang industrial system, will not be able to escape the influence of the Nanyang industrial system in the short term, but the huge domestic labor force and the scale of the industry that has become a prairie fire are the foundation for the future that they can rely on.

On April 16, just after the special meeting of the Cabinet reached the industrial plan for the new year, the Prime Minister's Office held a press conference to announce that it would increase the capital credit line of four private banks, including the Industrial and Commercial Bank of China and the Shanghai Industrial Bank, and on the 18th, the National Assembly passed six new laws to promote the industry, including the "Company Registration Act".

On May 7, when the registration of companies in various provinces in China was in full swing, Beijing threw out a serious corruption case that had just been completed: a senior official in charge of Guangzhou's industrial zone was arrested for allowing factories to evade taxes and accept bribes from factories, and newspapers also exposed 17 factories involved in the case, including the He family in Fujian and the Wu family in Guangzhou.

The so-called He and Wu are naturally He Xing, who is now the Minister of Commerce, and Wu Jingui, who is the vice governor of Guangdong, the original intention of this corruption case, Qin Kai naturally did not want to target these two old subordinates and brothers, but the investigation of the case by the Department of Integrity can be described as vigorous and resolute, and after the report came up, Qin Kai was also shocked by the problem at the bottom.

The Nanyang system created by Qin Kai is undoubtedly the largest official and businessman of this era, although there is no doubt that he can turn the Nanyang system into a state-owned capital industry, but a new consortium like Xiang He Xing, who has helped him all the way to his current status, will inevitably cause greater trouble over time, rather than this small case.

In June, the National Assembly voted 230 to approve the landmark justice system, which was a key step towards the rule of law, and Qin Kai firmly promoted the rule of law, first creating a state-level judicial top-level structure, and then gradually separating the local judicial system from the current judicial structure dominated by the Prime Minister's Office.

Another incident that shocked the whole country in June was naturally the verdict on the Guangzhou corruption case and tax evasion case, the vice chairman of the Guangzhou Industrial Zone involved in the case was exposed to accept bribes of more than 500,000 yuan, and was finally sentenced to death, and among the 19 factories involved, more than 40 people involved in the case were put on file for trial, and were also fined a huge amount of up to 60 million yuan.

Another major event that affected China that month was the border survey between Alaska and Canada, which can be traced back to the Anglo-Russian Treaty of 1825 and the 1867 U.S.-Russian Treaty on the division of Alaska, but with the discovery of gold in Alaska five years ago, the border conflict between the British subject country Canada and the United States broke out.

This time, US Secretary of State John? Hai and the new British ambassador to the United States, Michael? After two months of negotiations, Lord Hobert's British government, mired in the shadow of the Boer War, was clearly unwilling to break down relations with the United States at a time when the contradictions with Germany, France, and Russia were now intensifying.

Thus, the Salisbury Cabinet finally agreed to give in to this, instructing Lord Hobert to accede to the request of the United States Government for arbitration of the Special Court, and to fully agree to the proposal of the judges of the Special Court proposed by the United States, which was clearly an indulgence of the American demand and a restraint on the interests of the subject country, Canada......

For this, after Qin Kai obtained a series of reports, he had fully realized that Britain and the United States had completely unstoppably stepped on the same boat. (To be continued......)