The last of the six industrial bases, Mongolia, was also completed, thanks to the completion of the trunk railway from Yanjing to the Baiyun Obo region. Due to the newly built industrial base, the growth rate is also the fastest, reaching 93%. It is mainly based on mining, animal husbandry, beef and mutton processing, etc., and exports ores, wool products, and meat to the Beijing-Tianjin-Tangzhou region.

The Beijing-Tianjin-Tangtang Industrial Base maintained its leading position in the country and grew steadily, with a growth rate of 29%, while the growth rate of the other four industrial bases slowed down compared with last year, of which the Liaoning-Central and Southern Industrial Base increased by 28%, and steel and coal were still the main driving forces; The Yangtze River Delta region grew by 18.4%, still dominated by light industry, but stimulated by Shanghai Shipbuilding Heavy Industry, more than 40 shipbuilding enterprises have emerged, and the manufacturing industry has gradually emerged. Growth in the Pearl River Delta fell sharply, to just 12 percent, as exports slowed after the end of the US-Philippine war. The growth rate of the industrial base in the middle and upper reaches of the Yangtze River accelerated, reaching 31%, thanks to the emphasis of the Chinese Empire on the northwest and southwest, and the industrial base in the middle and upper reaches of the Yangtze River became an economic center supporting the northwest and southwest.

Zhili Iron and Steel Company changed its name to Imperial Iron and Steel Group, which is still the leading enterprise of Imperial Heavy Industry, and the total steel output of the Chinese Empire in 1906 reached 17.8 million tons, ranking second in the world, while the first United States reached 20.18 million tons, and the gap is still obvious. The third Germany is 11.3 million tons, the United Kingdom is fourth, 5.28 million tons, Tsarist Russia is fifth, 2.9 million tons, France is sixth, reaching 2.88 million tons, Italy is seventh, with a total output of 1.02 million tons, and the steel of this country is supported by the United States, and it has started quickly, breaking through the 100,000-ton mark, ranking twelfth in the world.

Affected by the vigorous development of the naval industry of the Chinese Empire, the major shipyards of the empire built large-scale warships for France, Germany, Italy, Austria-Hungary, the Ottoman Turkish Empire, Chile, Argentina, Brazil and other countries, with a total order value of more than 2 billion dragon coins, and the huge procurement contracts directly drove more than 70,000 enterprises and factories in ship-building related industries to make direct profits, and the connection between industrial production and marketing was very good. There are 30,000 new enterprises in the country, more than 120,000 enterprises have received benefits, and the annual production and sales rate of industrial enterprises above designated size has reached 99.2%.

In terms of railways, the Second Five-Year Plan has been completed four years ahead of schedule. The total mileage of railways in the country has reached 270,000 kilometers, of which 90,000 kilometers of trunk and double-track railways have been completed and 80,000 kilometers have been operated; The private sector has completed 180,000 kilometers of feeder railways and operated 172,000 kilometers. Seventy-nine railway transport companies, large and small, were established throughout the country, which greatly promoted the ties between the provinces and cities of the Chinese Empire and made great contributions to the economic development of the Empire.

According to Zhan Tianyou's railway plan nine years ago, there are still 50,000 kilometers of 320,000 kilometers of railways in the country, including 10,000 kilometers of political axe trunk lines and 40,000 kilometers of private branch lines, all of which are located in the most difficult areas to dig railways. However, as the Chinese Empire seized a large amount of Russian land, the vast northern, eastern, and western regions of Xinjiang were added, and railways were also needed to be built.

Since the Sino-Russian War in 1903, the Ministry of Railways has expanded the two main lines that cross the north and south on the basis of the Russian Trans-Siberian Railway, and the branch lines have been extended to all provinces in China. In this way, 10,000 kilometers of trunk railways and 20,000 kilometers of branch railways were added to the Third Five-Year Plan, which was expected to be completed in 1912.

At that time, the total length of railways in the Chinese Empire will reach 350,000 kilometers, covering major cities and border military fortresses throughout the country.

Similarly, the construction of railways coincided with a rapid increase in the construction of highways in the Chinese Empire. Due to the development of the country's industry, the huge domestic trade market urgently needs a large number of roads to support.

After research, the Ministry of Communications and the Ministry of Commerce believe that the current commercial development of the Chinese Empire is rapid, and the annual construction mileage of highways is far from keeping up with the rapid development of commerce. To this end, the Ministry of Communications decided to invest a large amount of money to complete a 200,000-kilometer construction project in the next five years, when the Chinese Empire will have 1 million kilometers of roads, including 250,000 kilometers of war-ready national highways, 480,000 kilometers of commercial (with toll stations) roads, and 270,000 kilometers of third-class roads in villages and towns. In addition, the highways below the standard of grade 3 built by the private sector are no longer within the scope.

The total volume of imports and exports grew rapidly, and the trade surplus continued to be high. The total import and export volume was 6.2 billion US dollars, an increase of 74.5% over the previous year. Among them, exports were 4.05 billion US dollars, imports were 2.15 billion US dollars, and imports and exports were offset, with a surplus of 1.9 billion US dollars. This part of the surplus is mainly due to the profit of the Chinese Empire's foreign export warships, and the export of agricultural products such as steel, medicine, ore, industrial products, and tea silk of the Chinese Empire is also the main force.

Imperial Chinese Customs continued to erect trade barriers to protect domestic national enterprises. Continue to crack down on opium smuggling and control opium imports. Because of the huge trade surplus of the Chinese Empire for six consecutive years, the trade friction between the Chinese Empire and the developed countries of Europe and the United States has further expanded. Guanghua's trade wars in the past six years have reached 200 times, although they have dropped by more than 100 compared with last year, but the scale of the trade war has increased by four times, involving tens of millions of dollars. Trade frictions have become something that the Ministry of Foreign Affairs has to deal with almost every day, and trade disputes have come and gone, and the scale of trade wars has continued to expand.

Among them, the Sino-British trade war declined because of the war relationship, and the Sino-US trade war took its place, and the trade war intensified. The main reason is that the export of industrial products of the Chinese Empire to the United States has increased, and the new luxury goods such as airplanes, airships, automobiles, motorcycles, and air conditioners, high-tech equipment such as radios, internal combustion engines, transformers, and generators, and medical drugs, medical equipment, electrical products, industrial textiles, and various canned meat have been exported to the United States on a large scale.

In the six years of Guanghua, the US trade deficit with China has reached $200 million, an increase of $20 million over last year.

In addition, the United States began to apply electrical products on a large scale, so the United States developed alternating current on a large scale, and the patent rights of alternating current were in the hands of the Chinese Empire, for which the United States paid up to $4 million in patent fees to the Chinese Empire every year, and with the acceleration of the large-scale electrification process in the United States, this patent fee is also growing rapidly.

All this has led to the intensification of the trade war between China and the United States, for which the United States has erected trade barriers on many occasions and implemented various difficult means to make things difficult for imports from the Chinese Empire, and the foreign ministries and trade ministries of commerce and trade of China and the United States have been engaged in war of words every day over this purpose.

In terms of education, the Chinese Empire has further improved the universal 12-year compulsory education of primary and secondary schools, and added 10 universities, 2,000 middle schools and 20,000 primary schools across the country. The people are educated under the coercion and semi-coercion of the political axe. The plan to achieve a literacy rate of 90 per cent of the people, 40 per cent of the population to achieve primary school education, 2 million people to achieve secondary school education, 500,000 people to achieve university education, and to train 50,000 doctoral and graduate students from all walks of life for the national focus has also been exceeded.

The medical system has been further improved, and Western medicine and traditional Chinese medicine have been greatly promoted in cities and towns. The problem of difficulty in seeing a doctor and medical expenses for urban and rural residents across the country has been greatly improved. The national unified drug price standard implemented by the government has made it affordable for the majority of the people, the unnatural mortality rate in the country has been further reduced, and the average life expectancy has increased from 34 years before the founding of the People's Republic of China to 50 years.

The income of urban residents grew steadily, and the per capita total income of urban households increased rapidly to 125 dragon dollars, an increase of 11.5 percent over the previous year. Among the total per capita income of urban households, the income from wages increased by 30.7 percent, the income from transfers increased by 11.8 percent, the net operating income increased by 16 percent, and the income from property increased by 11.5 percent.

The per capita net income of rural residents was 49 million yuan, an increase of 14.9 percent, or 13.9 percent in real terms after deducting price factors. Among them, the income of wages and surnames increased by 8%, the net income of household operations increased by 14%, the income of property surnames increased by 34.0%, and the income of transfer surnames increased by 12%.

The money supply is growing steadily, and Dragon Coins have stood the test of war and are still strong.

The increment of deposits and loans accelerated. the balance of broad money (M2) was 6.76 billion dragon dollars, an increase of 325.3% over the end of the previous year; narrow money (M1) was 4.25 billion dragon dollars, an increase of 231.2%; The currency in circulation (M0) was 1.45 billion dragon coins, an increase of 126.7%, an increase of 86 percentage points. The balance of loans of financial institutions was 3.3 billion Dragon Dollars, an increase of 1.3 billion Dragon Dollars over last year.

The main reason for this was the war plundering of Britain by the Chinese Empire, due to the seizure of a large number of gold, banknotes, gold, silver and jewelry, and the huge profits obtained from the plundering of British merchant ships, which led to the amount of currency of the Chinese Empire increasing several times, and the Imperial Bank had to issue additional dragon coins on a large scale according to the value of the plundered materials and gold.

After Zhang Feng made a summary report at the National Assembly, the congressmen immediately put forward this year's budget based on last year's financial situation.

The fiscal revenue of the Chinese Empire in Guanghua for 6 years was 3.32 billion dragon coins, the fiscal expenditure was 830 million dragon coins, and the fiscal surplus was as high as 2.49 billion dragon coins. Compared to the previous year's fiscal deficit of 600 million dragon dollars (due to large-scale war preparations), the fiscal situation will be very loose for many years to come.

This was all due to the plundering of Britain by the Chinese Empire during the Sino-British War.

However, the conundrum for the members of Congress is that they don't know how to spend so much money.

Five provinces, nine ministries and twelve departments and other major departments have listed the funds they need, and the Ministry of Agriculture and Industry has proposed an economic stimulus plan of 1 billion dragon dollars; The Ministry of Education has proposed a plan of 200 million dragon dollars to popularize university education; The Ministry of Health proposed 500 million dragon dollars to build a national medical insurance system; The Ministry of Housing and Urban-Rural Development demanded 300 million dragon coins to improve the public living environment in 300 cities in the empire; The Ministry of Defense has requested an increase of 130 million dragon dollars in various military spending; The Ministry of the Interior has requested an allocation of 60 million dragon dollars to improve the living and salary levels of civil servants, among other things...... All departments opened their mouths to ask for funds, but after suffering from the Ministry of Finance, all their funds suddenly amounted to more than 3 billion dragon coins, such a huge amount of financial appropriation has never been seen in the empire since the founding of the country. The United States, the most powerful country in the world, announced its annual budget of only $950 million in January.

The Ministry of Finance didn't dare to spend all this money at once, it was too huge, and Song Hanzhang had to accompany Zhang Feng to the Forbidden City to ask the emperor Wang Chenhao's attitude.

"It's a worry to have too much money!"

After listening to Zhang Feng and Song Hanzhang's complaints, Wang Chenhao couldn't help but smile helplessly.

Zhang Feng said: "Your Majesty, this year's financial relaxation is really due to the huge amount of money given by the Sino-British War, but there may not be such a good thing in the future. If it opens up all of a sudden, when this huge amount of money is used up, it will become a serious burden on the empire's finances. ”

"That's right!" Wang Chenhao nodded, agreeing with this point of view. Such good things could not have happened again in the future, and Britain had learned the lesson that it would not fall twice in the same place.

Wang Chenhao thought for a while, and then said: "Education is the foundation of the country, and the rapid development of the empire's industry urgently needs a team of highly educated workers, so Cai Yuanpei's proposal to popularize university education can be approved." The establishment of a medical security system can be tentatively established, and pilot work can be carried out in large cities first, and blind investment cannot be made. At present, the people of the empire are not very recognized by the insurance industry, and the political axe can let the private insurance companies test the implementation of medical insurance to see how they react. The people's response has been good, and the political axe will be implemented again. ”

Song Hanzhang nodded and said: "What Your Majesty said is extremely true, blind investment is extremely risky, this money is not easy to come by, and it should be used on the blade." ”

Wang Chenhao then picked up the budget application form of the Ministry of Agriculture and Industry and said: "Zhang Jian's economic stimulus plan is still relatively effective, but the scale needs to be controlled. ”

Zhang Feng asked, "What does Your Majesty mean?" ”

Wang Chenhao paused and said: "The empire achieved a huge trade surplus in foreign exports last year, and a large part of it was due to the fact that the empire's industrial costs were lower than those abroad. The era of low costs will soon pass due to the rapid development of the empire's industry and the daily improvement of people's living standards, so the economic stimulus package should be placed on high-tech enterprises. ”

Zhang Feng nodded and said, "That's right!" Seven years ago, the average annual income of workers in the empire was only 50 dragon coins, and now it has reached 130 dragon coins. In addition, workers in the major industrial cities of the empire formed trade unions one after another, and the demand for treatment was further increased. For example, the eight-hour working day, workers' welfare, holidays and rest. Not long ago, more than 1,000 female workers at the Jieting textile factory in Shanghai went on strike, forcing the factory manager to increase the monthly salary of female workers to 15 dragon yuan. ”

Wang Chenhao said: "So the era of low cost will soon pass, and we need to use high technology to ensure the rapid development of the empire's economy and maintain an export surplus." For example, now countries are massively importing from the empire various high-tech products such as airplanes, cars, radios, air conditioners, etc., which are quite profitable. The Empire's fiscal stimulus package is focused on these firms, with the possibility of export subsidies. In addition, I have an idea that an ordinary car costs about 500 dragon coins, which is the salary of a worker for four years, and a farmer can afford it for seven or eight years. The political axe can introduce a car purchase subsidy law, and the national car purchase political axe will give financial subsidies, and even interest-free loans. In this way, the large-scale purchase of automobiles by the citizens of the empire will promote the rapid development of the empire's automobile industry, make the empire's automobile industry bigger and stronger, and make foreign automobile peers unable to compete with us. ”

Zhang Feng and Song Hanzhang suddenly exclaimed: "Your Majesty is wise, this kind of economic stimulus plan is really clever. ”

Song Hanzhang continued: "My personal experience of buying a car is that it is not difficult to buy a car, but it is difficult to maintain a car. The purchase price of my car is only 2,000 dragon dollars, but it costs 3 dragon dollars every month to maintain the car and gas. If the citizens of the empire buy cars on a large scale, then it can also stimulate the empire's car repair and service industry, stimulate the petrochemical industry, and the gasoline sales industry, and the political axe can recycle this investment by collecting taxes and road maintenance fees, so as to promote a closed cycle system, and the money is worth sending. ”

Wang Chenhao smiled and said, "Is it good?" Draw inferences! Tell Zhang Jian exactly what you said, and let him think more. ”

"Obey the order!" Song Hanzhang received the order.

Wang Chenhao then looked at the budget reports of other departments, and finally said: "I have handed over the power of internal affairs to the cabinet, and I will gradually delegate power to you in the future." There are many things that you have to have your own opinions, I only give you suggestions, and the rest of these reports, Zhang Feng, you take them back, just follow the discussion we just did, after the political axe invests funds, not only to promote the development of the national economy, but also to find a way to take it back. Only by establishing a chain of capital circulation can we continue to develop, and we must not create a bubble economy, although we also follow the capitalist economic model, but the empire is now engaged in a planned economy, and we must resolutely avoid economic crises like those in other countries. ”

"Obey the order!" Zhang Feng immediately received the order.

After leaving the Forbidden City, Zhang Feng and Song Hanzhang returned to the Capitol and conveyed to the members of Congress the will of His Majesty the Emperor.

For them, they were naturally very happy to hear that the emperor had delegated power to them.

As a result, the deputies have evaluated the budgets of the five provinces and nine ministries, and according to Wang Chenhao's instructions, they should consider whether the money invested by the political axe can play a role in stimulating economic development and whether it can eventually flow back into the hands of the political axe.

In the end, the National Assembly introduced a seven-year budget for Guanghua with a total of 1.7 billion dragon coins. Among them are the economic stimulus package of 800 million dragon dollars, as well as the special allocation for universal university education.

Since Congress takes whether the funds can be repatriated as one of the evaluation criteria, the military's military spending is irreversible, so the Congress cut more than half of the imperial budget.

Minister of National Defense Wang Shizhen immediately ran to the Forbidden City and complained to Wang Chenhao with a handful of snot and tears.

"Your Majesty, you have to call the shots for us! It's cruel that Congress cut two-thirds of our budget all at once. They don't give us face, you must know that this huge amount of money was taken back by the emperors, and they don't increase military spending, but reduce it, which is really unacceptable. ”

Wang Chenhao said with a smile: "They are indeed ruthless, 80 million funds are tight enough!" ”

"Why don't you stop it!" Wang Shizhen complained bitterly: "Let's not talk about the army, let's just talk about the navy!" Britain needed £30 million, or 150 million dragon dollars, a year to maintain its navy. Now the size of our Imperial Navy is far larger than that of the British Navy, and this budget is really not enough. Besides, the empire has taken over seven or eight naval bases in the United Kingdom, and the cost of regular maintenance has increased by more than 10 million at once, and the Indian Ocean Fleet and the Mediterranean Fleet have to be formed, and our navy is developing new warships and various advanced combat equipment, and the navy funds are not enough to reduce the 200 million dragon coins. Coupled with more than one million standing armies, 300 million dragon coins is suitable. ”

Wang Chenhao smiled: "That's it! I will help you get another 100 million funds, a total of 180 million military expenses, which is enough for you. ”

Wang Shizhen continued to beg bitterly: "Your Majesty, you are the commander of our three armies, we are raised by our stepmother in the Congress, and you have to be raised by your own children!" Besides, if I go back like this, the spittle will drown me! ”

Wang Chenhao counted him down and said, "You! It's just too indulgent to them! ”

Wang Shizhen hurriedly said: "Yes, yes, yes!" But Weichen also has to lead troops! Then Your Majesty, what do you see? ”

Wang Chenhao glared at him angrily and said, "Okay! I'm just pampering you once, 300 million, okay! ”

"Thank you, Your Majesty, Your Majesty is wise!" Wang Shizhen hurriedly thanked him.

"Virtue!" Wang Chenhao scolded with a smile: "Hurry up and get out!" ”

Wang Shizhen smiled and hurriedly said: "The minister obeys the order, the minister will get out of here, and don't disturb His Majesty's rest!" ”

After speaking, Wang Shizhen retired and returned to the Ministry of Defense with a fluttering eyebrow.

When the officers of the navy, land and air force learned that Wang Shizhen had succeeded in bringing 300 million yuan in military spending, they naturally had to celebrate it in a big way.

(To be continued)