Thousands of miles of ice, thousands of miles of snow, winter is coming again, and the winter of the fifteenth year of the apocalypse is even colder. In the Qianqing Palace, the www.biquge.info coals of the fire were already burning warmly, and Zhu Youxiao was looking at the map inside.

This is a map of the railway network, in the fifteenth year of the Apocalypse, the main railway lines in the north have been completely completed, and the railway branch lines in various states and counties are continuing to be built.

In terms of strategic railways, the Northeast, Mongolia, and the Western Regions already have main railway lines, and railway branch lines are also being improved one after another.

At the same time, in the Yangtze River basin, the construction of the main railway line continues, and it will be completed next year. The railways in Jiangnan, as well as Fujian, Guangdong and other provinces, have just begun to be explored and started this year, and the construction of the main railway line will be completed in a few years.

"The southern railway network is the next key construction project. Moreover, next year, the southwest region will also enter the reform, and the railway should also be built into the southwest provinces as soon as possible, so that the Ministry of Railways can come up with a comprehensive plan as soon as possible. Zhu You instructed Jiang Dejing.

"Yes, Your Majesty." Jiang Dejing responded.

"What was the financial situation in the third quarter?" Zhu Youxiao asked, and Jiang Dejing reported: "The financial situation in the third quarter was good, especially the collection of commercial taxes in Jiangnan and other places, and the fiscal revenue reached 900 million yuan. After the state-owned enterprises complete the asset restructuring in the south, the fiscal revenue will further increase. ”

"Then as soon as possible." Zhu Youxiao nodded.

"It is expected that the fiscal revenue for the whole year this year can exceed 3.5 billion, about 500 million more than expected." Jiang Dejing said.

"That's very good." Zhu Youxiao nodded and said that the reason why he wanted to build a railway network in the south as soon as possible was mainly to develop industry and commerce, so that the tax revenue would grow rapidly.

As for the tax revenue in agriculture, after the national reform, the death will be less than 300 million yuan. At this time, the main force of the imperial court's more than 3 billion tax revenue is the tax payment of state-owned enterprises, plus the dividends paid by state-owned enterprises. The reason why it has developed so rapidly is that the heavy industry system in the north has been formed, and it has begun to form a relatively large scale in mining, steel, machinery manufacturing, etc. Of course, it is also inseparable from the export of goods.

In the fifteenth year of the Apocalypse, the commodities exported by the Ming Dynasty increased again, especially the export of goods to India. The steel products exported are basically made from the steel of state-owned steel mills. The iron pots in Foshan, Guangdong Province and other things are now no longer competitive with the manufacturing of state-owned enterprises in the north. These are huge dividends brought by technological advances.

Heavy industry in the north is on the rise, and light industry in the south can also flourish rapidly as long as it has the application of technology such as the railway network and the steam engine.

In contrast, light industry is an industry that is completely open to private capital, and the threshold for private capital to enter is relatively low. Heavy industry is also open to private capital, but the heavy industry cycle is long, the effect is slow, and the profits are not so high, and private capital is usually reluctant to invest.

However, one of the advantages of heavy industry is that it is more stable, and no matter how it develops, the things produced by heavy industry are valuable, and they are all real heavy asset operations. And although the profit is not as high as that of light industry, the scale can be very large. Therefore, state-owned enterprises are the main force in this field, and the imperial court now also has this capital to develop heavy industry.

Once the light industry in the south develops, the people's livelihood will be further improved. Heavy industry mainly plays an obvious role in infrastructure, while in the daily life of the people, it is light industry commodities that are more obvious to improve the quality of life.

At the present stage, Zhu Youxiao's idea of economic development is to develop the productive forces, and at the same time, the imperial court will pay for the construction of various civilian infrastructure facilities to promote employment, so that the common people will be able to consume goods when they have income, and industry and commerce will further develop, and the development of industry and commerce will lead to employment.

Especially in times like these, it is more important to build civilian infrastructure than to waste money on some war.

Although Zhu Youxiao is now planning a global colonial system, it does not mean that Zhu Youxiao will invest too much money in it, and when military weapons have not yet been developed, Daming should develop internally.

At the same time, there is another problem, that is, with the continuous deepening of construction, industrial capacity will go to surplus. Because when the huge demand suddenly explodes in a certain period, it will inevitably drive the market to establish enough production capacity to supply this demand, but many industrial commodities are durable goods, and there will be a period of insufficient demand after the demand has passed, and the huge industrial capacity will make most industries become unprofitable.

Overcapacity, on the other hand, can lead to economic problems, which can lead to mass unemployment and so on.

Of course, the essential reason is also the increase in productivity, the gradual concentration of wealth, and the people do not have such high purchasing power, that is, they do not have the money to buy those goods.

A good solution to industrial overcapacity is to wage war.

Because when there is overcapacity in industry, the state or the bank cannot print the bill, because it is not the state that says who the bill will lend to, but the market. Banks can't lend money to industries that are losing money at a loss, but only to a certain industry that makes money, such as money pouring into real estate. As a result, a large group of people took the bank's money and ran to the entrance of the village to gamble, betting that they were not the last to take over.

Monetary policy at this stage has lost its effectiveness, and continuing to print bills will only lead to large-scale bank failures. Along with overcapacity, there is also the problem of debt, and as the market booms, it is inevitable that a lot of infrastructure and business activities will be built through bank loans.

Once there is a risk in the market, these debts become a time bomb for the banking system. Therefore, the financial catastrophe of bank failure is obviously more terrifying than war.

This is also the reason why, many times, some countries do not hesitate to take risks to start wars.

Now that the Ming Dynasty has begun the industrial revolution, it will establish a complete industrial system, and at the same time, the Ming Dynasty will become a real production empire, the center of the world. For a country with a well-developed production system, it is almost impossible to have a hyperinflation of the currency, and when there is overcapacity, once inflation occurs, everyone will rush to the top, no matter how you print the bills, you can make a certain industry without any profit.

So the result of brainless printing of banknotes is the same, it is a dead end. And paper money, as a credit support for the country, is not allowed to happen until the end of the regime, unless the internal regime is chaotic and manipulated by some people.

If there is overcapacity and debt problems, the only way to contract monetary policy is to end one cycle and move on to the next.

When the cycle is over, it's easy to start a new one.

On the one hand, there is war, on the other hand, it is to raise the level of workers' incomes, and the state has come forward to build civilian infrastructure on a large scale, so as to bring about employment and restore the market.

Overcapacity and debt problems are a bomb that is often unavoidable, but can limit its scale and make it less disruptive.

In the field of heavy industry, it is mainly dominated by state-owned enterprises, so it is relatively easy to control. In the light industry, it is also easy to control, as long as the speed of bank lending is slowed. Don't be like the banks of Western countries, who die of drought when there is a drought and when there is a flood. As long as you control the amount of loans in various fields, don't just release the money in one go.

However, at this time, Daming's loan policy in terms of capacity construction is obviously a policy of preparing to take flood irrigation, so that the production capacity can be built up as quickly as possible.

It's like storing floodwater, first developing production capacity to surplus. Then start a war, consume domestic production capacity, and flood this flood to the outside.

At that time, a global colonial system was established, and the world's commodity consumption market was opened through war, and the market for commodities became wider, and the problem of overcapacity was temporarily solved. Later, the scale of development of production capacity will be limited, so as to complete the transformation of the development model.

This is Zhu Youxiao's economic strategic plan, which is linked to the plan for the establishment of a global colonial system.

At this time, the Ming Dynasty is developing in this direction.

However, it is still reform in advance, and at the end of the year, Zhu Youxiao has begun to make final preparations for the reform in the southwest. A large number of administrative personnel reserves have been basically completed, next year can be sent to the southwest a large number of administrative personnel, these administrative personnel are professionally trained, the Ming Dynasty has accumulated a lot of experience in the reform over the years, after the professional training of administrative personnel, after the arrival of the administrative system can be very clear how to reform the administrative system.

In the fifteenth year of the Apocalypse, with the deepening of the reform, the newspaper ban system has been strictly enforced in the southern provinces, and all the original non-governmental newspapers and hand-copied newspapers have been banned, especially in those areas south of the Yangtze River that have developed capitalism, and they have been implemented extremely strictly.

Nowadays, if you want to run a newspaper, you must first register and accept the censorship system before you can publish it.

At the same time, the party newspapers and daily newspapers of the imperial court, as well as the local daily newspapers of the local government, and other official newspapers, were established one after another, and hairstyle channels were established.

Among them, the Han Emperor Party issued a party newspaper, and the imperial court added a "People's Daily" and "Economic Daily" from the original "Royal Daily".

These four newspapers are distributed nationwide. Local newspapers, on the other hand, are distributed locally. Newspapers in a province are distributed in a province, and newspapers in a state and county are distributed within a state and county.

The official media has thoroughly mastered the channels of public opinion propaganda, while public opinion was almost completely controlled by bureaucratic capital. Not only are they rich, but they have also become literate as their children can participate in the imperial examinations, and it is not too simple to engage in public opinion propaganda.

Now the bureaucratic capital's means of manipulating public opinion have been attacked by the imperial court in an all-round way, the Donglin Party has been completely taken down, and the bureaucratic capital has also been confiscated in large quantities. Non-governmental newspapers, as well as hand-copied newspapers made by literati and academies, were also completely banned. The official newspapers, on the other hand, are overwhelming.