Section 167 Investment drives the economy

The fifth watch is over, please subscribe!

――――――――――――

In addition to the enterprises that introduced investment in the pilot, in order to persuade Britain and France and other countries, cooperative enterprises with these countries have also been put into production, such as bicycle factories, cable factories, etc. Pen ~ fun ~ pavilion www.biquge.info

In order to find a market for these enterprises, Yang Chaocai introduced new cooperation projects from the United States and Germany on a large scale, which is a typical method of using investment to stimulate the economy.

For this reason, Yang Chao had to make a joint venture with the United States in the form of June Fourth, and with Germany, he even introduced it by providing a full loan.

It is hoped that more than 60 enterprises in the first phase can make a profit, and then play a leading role in the subsequent investment, setting off a wave of foreign investment, especially German capital, Yang Chao needs them to invest in Shandong on a large scale, and finally leave a huge legacy for himself.

"One by one, they make a lot of money, but it seems to be a little too much, don't publicize it for the time being!"

Yang Chao suddenly felt a little out of plan after holding the situation of more than 60 large factories that had received full orders since they were put into production.

Because German companies saw that they could make a fortune by investing in China, the German government did not prevent their companies from investing in Shandong, but issued a Shandong investment guide, introducing the experience of these successful enterprises in the Chinese market.

The result was an even bigger wave of investment.

As a result, within a short period of time, nearly 100 German enterprises contacted the Qingdao Governor's Office to inquire about investment in Qingdao.

Investment is a good thing, and the introduction of German investment has always been Yang Chao's strategic policy, because he intends to seize these assets in World War I, but he has to follow his plan, if it attracts a boom in a short period of time, the market will not be able to accommodate these funds, and it can only cause an economic crisis, just like the Russian economic crisis. At that time, will Yang Chao still have to plan to use a Russo-Japanese War to resolve the crisis like Russia?

For a long time, the projects introduced by Yang Chao have been planned, targeted, and have their own industrial models. And it has been simulated by a supercomputer, and it is a system that can interact well, and if it is expanded according to this model, it can basically avoid overheating, but because it is good. Many companies have made money, but as a result, they have attracted excessive investment, and Yang Chao still knows about it, so he wants to suppress this craze, at least he doesn't dare to encourage it.

At least machine tools, locomotives, mining equipment, power equipment, etc., these markets cannot be opened up casually. Yang Chao has always used investment to ensure the development of these enterprises, but investment is not omnipotent, there is a capacity limit.

Because of the gradual implementation of Yang Chao's railway plan, Zhan Tianyou will be able to extend the railway from Zhengzhou to Xi'an this year, and the construction of the Guangdong-Hanzhou railway has also begun. The Sichuan-Han Railway measured half, and the development of the railway did drive the sales of train locomotives, and Zhan Tianyou's railway company has been implementing Yang Chao's domestic priority policy, so that the Sifang locomotive co-founded by Krupp and Talbot made a lot of money, and there was only one Sifang locomotive to provide equipment in the past, Yang Chao found that it still needed to import a considerable part, so he went to Germany to introduce KraussMaffei.

However, Yang Chao did not expect that the benefits of Sifang Locomotive had a demonstration effect, in addition to the KraussMaffei introduced by himself, there were several more independent investments outside the plan.

The first is the famous American company AFC. They began to build a large locomotive factory in Yantai to produce the famous Blue Steel Express, but KraussMaffei and the Sifang locomotive, which had invested all its profits in expanding production in recent years, were only in Yang Chao's plan. The Chinese market is already saturated.

However, these giants see the success of the Sifang locomotive, but they are not willing to let Krupp and Talbot swallow this piece of fat alone, the world recognizes that China is the world's largest train equipment market in the next 20 years, just like the United States AFC, many railway giants have their own judgments, even if they have conducted industry analysis. They also have to squeeze in, because they only count the size of the market, not the competition, just like a vicious dog when it sees a piece of fatty meat, it will only consider whether the meat is good or not, and will not consider whether there are other vicious dogs to share it with.

Soon after AFC arrived in China, the American railroad locomotive giant Lima, which had suffered a lot due to a fire, also planned to open up the Chinese market to regain its former glory. German locomotive giant Henschel came to Qingdao earlier than Lima to compete with Sifang Locomotive.

At one time, four new giants entered the Chinese market one after another, and it is foreseeable that when they are put into production, the railway locomotive market will be completely surplus.

The same situation also appears in the machine tool industry, Yang Chao strongly encouraged Fachang Machinery Factory in recent years to add new machine tools, has used Yang Chao to buy thousands of machine tools with a loan, this is a huge market, feeding a machine tool giant is naturally not a problem, but following Heath company, the United States EMAG company, Cincinnati machine tool company has come, Germany Henglun company, Gitmai and other companies have also invested, the expansion of the machine tool industry is more exaggerated than the locomotive industry, after all, this is a narrower market.

The same situation also appears in other industries, even Yang Chao does not want to introduce light industry, in addition to the Germans as early as before Yang Chao introduced investment, in addition to trying to open the Dehua silk reeling factory in Qingdao, but also established the Dehua woolen factory, Dehua leather goods and other Dehua system light industry has developed quite well in recent years.

The German-Chinese Department is not a private enterprise, but an organization called the German Colonial Association, which is a social group advocating colonial expansion, founded in 1881, the full name is the West German Colonial and Export Association, which was originally established with the support of Buik, secretary general of the Central Federation of German Industrialists, and Krupp, an arms magnate, with a strong ideology of colonial expansion.

This organization does not seek profits, but only through its own demonstration, to find space for German industry, Dehua silk reeling factory is their first industrial exploration project in Shandong, and later due to the continuous development of Yang Chao in Shandong, the result of the German Hua Department has also expanded frequently, and brought more than a dozen German light industry enterprises, textile, leather and other industries.

As more and more enterprises appeared outside of Yang Chao's plan, Yang Chao's industrial introduction plan was greatly impacted.

Yang Chao's industrial investment plan is to rely on investment-driven development, and it is mainly concentrated in the field of heavy industry and manufacturing industry, focusing on the introduction of large-scale projects to facilitate overall planning. Yang Chao thinks that this introduction method is not only conducive to the improvement of national strength, but also easier to control, because the sales of heavy and manufacturing products are often relatively concentrated, whether it is the production of trains and locomotives or machine tools, Yang Chao can completely give them a manufacturing market.

For example, to provide a market for the first batch of 60 enterprises, Yang Chao can introduce the second batch of 200 enterprises, and a few years later to find a market for these enterprises, Yang Chao will introduce more enterprises, so that it slowly rolls and grows larger, until the completion of industrialization, but once it gets out of control, the capital chain is broken, and then the economy collapses, and the economy turns into a long and painful transformation.

Of course, this kind of investment-driven rolling is obviously not a healthy way of gradual accumulation, so it is extremely fragile, and the organizational and control capabilities of the Celestial Empire in the future generations will continue to cause inflation, and the organizational ability of the current era is almost unimaginable.

So this way of investing, sooner or later, will collapse, but what if, before the collapse, a huge market suddenly appears?

What kind of market is the largest? War!

This is Yang Chao's plan, before the First World War, to promote the development of three waves of investment-driven rolling heavy industry, and before the overall collapse, let the war in Europe begin to transfuse China with blood, so that it will live.

Yang Chao's second wave of projects brought in a total of 200 companies from the United States and Germany, similar to the 156 large-scale projects in China's First Five-Year Plan, in addition to creating a market for the first batch of enterprises, it is also to establish a preliminary industrial system.

According to Yang Chao's plan, these 200 projects will be gradually put into operation in 1911, and all of them will be put into operation in 1912, and then from 1912, a larger-scale investment will be made to ensure the development of these 200 projects, and by 1914, it will be time for the entire European war to provide a market for the third wave of industrial projects, and Yang Chao can withdraw from it, and after the war, it will basically let China industrialize.

However, now the Americans and the Germans have invested in many more projects than Yang Chao, who has only introduced 50 large projects from the United States, but the Americans themselves have poured in more than 100, 150 large projects in Germany, and more than 200 Germans themselves, adding up to more than 600 large-scale industrial projects, of which Yang Chao only has 200 projects, which is three times larger than the second wave of investment in Yang Chao's plan.

Although Yang Chao can ignore the life or death of these unplanned enterprises, and can completely let them fail to operate and go bankrupt, the impact of their bankruptcy on the market is something that Yang Chao cannot afford.

Once the economy collapses, Yang Chao will not only not be able to establish a large-scale heavy industry system before World War I, but will likely collapse before World War I, and will have no chance to steal the fruits of World War I.

Therefore, Yang Chao can't ignore these blind investment capitals, but if he wants to provide a market for these funds that far exceed his plan, the scale of Yang Chao's next wave of investment must be three times that of the plan, and the gold in Yang Chao's hands is completely unable to support it.

"Unless war breaks out in Europe ahead of schedule, or Japan and Russia are fighting a Russo-Japanese War."

Yang Chao sighed secretly in his heart, and found that it seemed that only war could alleviate his current predicament.

Of course, if the light industry can grow explosively, it can also solve part of the machine manufacturing market.

"Light industry is the market for heavy industry, but the development of our light industry is too slow. Champion Gong, your efficiency is still not high enough. ”

Yang Chao couldn't help but sigh to Zhang Jian, of course, there could be no war, so the market of heavy industry had to look at the development of light industry, so Yang Chao kept visiting Zhang Jian and other capitalists.

However, the result is very unsatisfactory, Shandong's textile industry is not only unable to provide more markets for the manufacturing industry, but also has its own difficulties. (To be continued.) )