On the night when the Hu family compound was resettled, Hu Chuyuan took out the Zhejiang agricultural report compiled by Liang Qichao and read it carefully.

Zhejiang's agricultural development began in the period of Mei Qizhao, after the vigorous promotion of the three governors of Fujian and Zhejiang, so far in the course of 27 years of development, the development of Zhejiang's agriculture in the overall level is far ahead of the country.

In addition to the largest CITIC Agency, Zhejiang also has hundreds of joint venture cooperatives such as Zhejiang Agricultural Cooperative and Zhejiang Grain Cooperative, which are located throughout Zhejiang, covering more than 93% of the rural households in Zhejiang.

Silk, tea, porcelain, worsted, silk is Zhejiang's traditional advantage industry, along with the production of sodium benzoate, the emerging food industry is blossoming and bearing fruit in a wide range of Zhejiang, fish, chicken, poultry, plum, biscuits, beverages, ham pickled products and other special foods are expanding, thereby promoting the further development and growth of Zhejiang's agriculture.

Farmers in Zhejiang, especially in Hangzhou and Jinqu, have invested in small and medium-sized food processing enterprises through joint ventures, which on the one hand solves the problem of raising funds and increases the long-term income of farmers.

Generally speaking, Zhejiang's light industry and agricultural economy are very well compatible, there are many small enterprises and factories, farmers are generally relatively wealthy, and the boundaries between rich peasants and capital investors are constantly blurring.

There are several data points that are worth noting.

The average annual income of Zhejiang's agricultural population is 573.5 yuan, about 47% higher than the national average, and the total annual household consumption of Zhejiang Province accounts for 11.2% of the total national market, ranking first in the country.

After reading the report, Hu Chuyuan silently pondered in his heart.

Among the six provinces in the south of the Yangtze River, Zhejiang does not have a large-scale heavy industry system, and in this regard, Zhejiang is inferior to Fujian, Shanghai, Anhui, and Jiangsu and Jiangxi.

Zhejiang's early strength was due to raw silk and tea, which could continuously absorb a large amount of silver, and the prosperity of capital is laying a good foundation for today's new development.

Zhejiang Province has a population of 22.7 million, a literacy rate of about 55%, 34% of the population has received more than six years of basic education, 13% of the population has graduated from junior high school, and about 357,000 people have received university and higher vocational education.

Liang Qichao mentioned a very special data in the report, the total number of students in the agricultural college of Zhejiang University is 1,742, and the ratio of faculty to students is 1/22, which is far ahead of both public and private universities in the country.

In Zhejiang, the proportion of agricultural secondary school students and tertiary college students is also very high, and the support of local education funds for agricultural schools in Zhejiang Province is also the highest in the country.

It should be said that education plays a very crucial role in Zhejiang's economy, especially in Zhejiang's agricultural economy.

The numbers tell a lot.

If every province in China attaches as much importance to the agricultural economy as Zhejiang has done and actively develops the agricultural economy, then China's overall prosperity and strength can be said to be within reach.

Looking at this report, Hu Chuyuan also had another kind of thinking in his heart.

When Chinese talk about problems, the key is always the system, first of all, there is a problem with the system, so there is a problem.

He doesn't think so, he believes that the system is never the key to the problem, the key is knowledge and education.

If the emperor is a Han Chinese, not a Manchurian, whether it is a constitution or a republic, it will not have much impact on the whole of China, and in fact there is no essential difference.

Whether it is social or righteous or chaebolism, there is actually no essential difference.

The key is education for all.

Without the foundation of education for all, to talk about the prosperity of the whole people, it can only be to fight the local tyrants and divide the land.

After reading the entire report, Hu Chuyuan actually came to a conclusion...... To achieve true prosperity for all, it will be at least a decades, hundreds of years of arduous work, and this is the goal of the Ecumenical Party.

That night, Hu Chuyuan wrote an article called "Letter to the Grand Duke Colleagues", starting with Liang Qichao's research report, and using more than 3,000 words to bring together the direction of the entire Dagong Party's efforts in the next 100 years.

At the end of the article, he said that the descendants are the most precious wealth of mankind and the hope of all things, and everything we do now is for them, so we should not care about temporary gains and losses, we should see farther, think farther, and think more and farther for them.

This is Hu Chuyuan's feelings.

In the same social status, he became more and more aware of the ...... The idea of seizing the day is too crude and impatient, because the Chinese look at the problem and think about the problem in a unit of measurement of ten years or a hundred years, which other nationalities do not have, and this is the greatest national advantage of the Chinese.

To put it more bluntly, China still needs to expand, even if it is worth paying a greater price in Hu's generation.

Early the next morning, Hu Chuyuan shouted Liang Qichao to his study, handed him the "Letter to the Grand Duke's Colleagues", and asked him to take it back and reconsider it.

Essay pen, Hu Chuyuan's level is still very average, and it cannot be compared with Liang Qichao's article talent.

This article shocked Liang Qichao's spirit, and he considered and revised it several times in his hand, and waited for two days before handing over the final manuscript to Hu Chuyuan for review, and published it through the party newspaper "Ta Kung Pao" and many other newspapers with surnames across the country.

In Zhejiang, Hu Chuyuan stayed for more than half a month, inspected and investigated Lin'an, Jinqu and other places, and summed up some new ideas on the development of agriculture in the country based on Zhejiang's experience.

In general, the number of cooperatives under the joint venture system still needs to be increased, and CITIC cannot be relied on alone.

Nationwide, more supportive policies should be given to joint ventures, especially in terms of loans, and approval for banking operations may be given to larger joint ventures.

Hu Chuyuan did not have a real surname, he just drafted his opinions into an official letter and forwarded it to Qu Hongji, what to do is a matter of the current cabinet.

He doesn't care.

During this inspection, he was also planning for the follow-up integration of Fukang Company.

In fact, he already wants to merge China CITIC Bank and CITIC into one company, that is, the new CITIC Group, which is based on financial industry companies such as CITIC Bank, CITIC Insurance, CITIC Investment Bank, China Rural Credit Cooperatives (CITIC Agency), CITIC Securities, and CITIC Fund, and also involves fixed asset investment such as port operations, real estate, and hotels.

Among them, China CITIC Bank is an international bank with a full surname, while CITIC is mainly oriented to rural areas.

The parent company of CITIC is a subsidiary of CITIC Group, which is a holding listed company, integrating financial services, agricultural investment, technical services, grain procurement and processing, and other industries.

In the township cooperatives, the holding ratio of CITIC generally does not exceed 20%, and the main shareholder is a regional farmer, or a small cooperative of a regional farmer.

In order to ensure that its business operations are successful, CITIC does not directly invest in small and medium-sized grain processing enterprises in various regions, but it itself controls COFCO, China's largest grain processing company.

In Hu Chuyuan's plan, the CITIC News Agency also played a very important role, that is, it analyzed the situation of international and domestic grain production and supply, coordinated with tens of thousands of township and town cooperatives in China at any time, adjusted domestic grain production, and avoided large fluctuations in domestic grain prices.

Through such integration, CITIC Group will become the soul center and financial pillar of Fukang's industries.

After inspecting Zhejiang's agricultural economy, Hu Chuyuan went to Fujian and returned to Shanghai in July.

At this time, Qu Hongji's cabinet had already made new policy adjustments, slightly adding to Hu Chuyuan's proposal, and continuing to maintain and deepen Hu Chuyuan's large-scale agricultural economic policy.

With this foundation in hand, back in Shanghai, Hu Chuyuan began to merge China CITIC Bank and CITIC into a new CITIC Group.

After completing this step, coupled with the support of other family members, Hu Chuyuan finally began to carry out a comprehensive integration of Fukang Company, this integration is to allow Fukang Company's companies to go out of China and develop towards the entire international market, and the whole integration will naturally start from the international capital market.

First of all, Hu Chuyuan reorganized the Investment Bank of the Americas Wells Fargo into the Americas International Financial Group, which controlled financial institutions such as the National Savings Bank of America, the Bank of New York, the National Bank of Mexico, the BofA Securities Company, and the American United Insurance Company, and through these financial institutions, they regained control of Procter & Gamble, Coca-Cola, and Lefu Foods, commonly known as the American Consortium.

The American Consortium is actually a consortium jointly held by Hu Chuyuan, the Wu family, the Russell family, and Pfister-Delano together.

The Fukang Consortium is a company jointly owned by the five brothers of the Hu family, and through the cooperation of the Fukang Consortium and the American Consortium, the two consortia jointly dominate the three giant industrial, chemical and raw material groups of Wanqi Group, International General Group and Standard International Group.

Within the Fukang Consortium, in addition to the core CITIC financial institutions and Wells Fargo Bank across the Pacific region, the consortium also wholly owns two family companies, Fukang Bank and Fukang Insurance, as well as some shares of China Commerce Bank, Huishang Bank, Bank of Shanghai, Changjiang Bank, Nanyang Bank and Beiyang Bank.

In the domestic industrial field, the Fukang Consortium retains the shares of six large industrial group companies, namely Fuguo, Jiangnan, Hyundai, China Metallurgical, China Power Investment and China Iron and Steel Union, and three commercial companies of Poly Company, Jiangnan Commercial Bank and Zhongrun Group.

In the international capital market, the Fukang Consortium is also the largest shareholder of the Swire Consortium and has acquired the Spanish mining company Rio Tinto under its umbrella.

Through a series of integrations, the Fukang consortium has cashed out a large area throughout the domestic market and the Nanyang market, transferred the shares of small and medium-sized companies held in the early stage, and withdrawn capital to concentrate on its financial institutions, especially CITIC Group and Wells Fargo.

At this time, the total assets of the Fukang consortium have reached 5.7 billion pounds, and Hu Chuyuan personally holds huge assets in the American consortium and the BASF consortium.

Taking advantage of the huge capital leverage of the Fukang consortium, as a businessman, Hu Chuyuan began to dominate China's economic development more easily.

Hu Chuyuan knew very well that if China wants to develop really greatly, the domestic market must be expanded, and the Nanyang market must also be expanded, so he adopted the strategy of CITIC Group as the main company and Wells Fargo Bank as the main outside.

On the one hand, he invested in industry through the expansion of six large industrial groups, and on the other hand, he issued large loans through bank capital to domestic and Nanyang construction, especially for agricultural markets and infrastructure construction.

According to his estimates, between 1905 and 1910, the total direct investment of the Fukang Consortium in the pan-China region would reach 7.5 billion yuan, and the total amount of foreign loans would exceed 58 billion yuan.

(To be continued)