Shanghai Xiafei Road, Changjia Garden.

After inspecting the Jiangnan Shipyard, Jiangnan Heavy Industries (the engine and boiler manufacturing plant of the Jiangnan Shipyard with British technology), the Shanghai Arsenal of China Heavy Industries, the British Shanghai Yesson Shipyard, the Shanghai branch of Ford Company, the Sassoon Motor Company (invested by the Jewish tycoon Victor Sassoon), the Shanghai Siemens Motor Factory, and other important industrial enterprises. Chang Ruiqing moved into his official residence in Shanghai, where he held a small-scale economic work conference.

"Chairman of the National Committee, since the beginning of the First Five-Year Plan of the Republic of China, it has been nearly half of the time, and most of the tasks stipulated in the plan have also passed halfway. In particular, the industrial worker training program and the educational development program are progressing particularly rapidly and are expected to significantly exceed the original plan. Of course, the achievements in this regard should be attributed mainly to the great victory in the war against Japan led by you, Chairman of the National People's Congress, the signing of the "Japan-China Treaty," and the revolution in Japan. According to incomplete statistics from the civil affairs department, the total number of former Japanese citizens (including Taiwanese) who became citizens of our country after the Sino-Japanese War exceeded 5 million. About two-thirds of them have received a new primary school education, about 5 million have received a secondary school education or higher, and nearly 200,000 have received a university or vocational school education. In addition, among these new nationals, there are more than 00,000 skilled workers. As a result of their participation, the biggest bottleneck plaguing China's economy has been greatly alleviated, and the progress of talent training in the future will be greatly accelerated. Therefore, the State Development Planning Commission should appropriately speed up the construction of key industrial projects......"

Yan Xishan, director of the State Planning Commission, is speaking from the beginning of the Sino-Japanese war in June '92 to the present. The busiest person in China is probably Yan Xishan, director of the Planning Commission! At the beginning of the war, no one knew how long and how big it would be, but it was always necessary to prepare for the worst. The State Planning Commission was busy drawing up wartime economic plans. Many of the items in the original First Five-Year Plan had to be revised. This large amount of work has just been completed, but the Sino-Japanese war has already been won by a great victory.

After the victory, there was even more work to be done, not only to turn the economy that had just begun to transition to wartime back to peacetime, but also to revise the first five-year plan one after another. Well, it won't work if you don't revise it, after the Sino-Japanese war, China suddenly gained more than 300,000 square kilometers. They are all wealthy areas with developed economies and abundant resources! There are almost 5 million more people, some of whom are still talents urgently needed for China's economic development. With their participation, the pace of development of China's industry is bound to accelerate significantly in the coming years. The corresponding scale of investment, the quota for the use of foreign exchange, the quota for barter trade, and the construction of various infrastructure facilities should be accelerated.

Moreover, the current China is not the Soviet-Russian model of a completely planned economy, but the German National Socialist model of a planned economy and a market economy. After the Sino-Japanese war, the state's key investment projects have not accelerated, and private investment and foreign investment have begun to work in a big way. In the past two years, the international economy has also entered a boom cycle. Those foreign businessmen with a lot of dollars in their pockets are all keenly felt. After reaping a large amount of war dividends from the victory over Japan, China's economy will definitely usher in a high-speed growth! Therefore, from the beginning of September last year to the present, in just half a year, the direct and indirect investment flowing into China has reached as much as 500 million US dollars! The shares of Chinese companies listed on the Shanghai Stock Exchange have all risen dramatically, and the prices of land in the four major free markets have also risen by more than 100% in half a year!

Dancing with his eyebrows, Chang Ruiqing suddenly frowned slightly. Vice Premier Zhang Junmai noticed the change in his expression, so he interrupted Yan Xishan's speech and asked in a low voice, "Chairman." What do you think is wrong? ”

Chang Ruiqing smiled slightly and said: "There is nothing wrong with it, it's just that the current stock price and the land price in the Free City have skyrocketed." Will it cause too many bubble components in China's national economy? ”

"Is the chairman worried about the bubble economy?" Kong Xiangxi, Minister of Heavy Industry, knows a little about finance, and interjected after listening to Zhang Junmao's words. "Otherwise, we should limit the flow of capital into the major free markets."

Hearing this, Finance Minister Song Ziwen immediately raised objections: "No, no...... The attraction of the four free markets to foreign investment lies in the completely free economic and trade rules. In recent years, the economic growth and tax growth of the four major free cities have been among the highest in the country, and their contribution to the treasury is also very large, so the rules there cannot be changed lightly. ”

Song Ziwen's words also make sense, Chang Ruiqing thought for a while, and said: "Ziwen's opinion is very good, the rules of the game cannot be changed casually, otherwise where is the credibility of the government?" He paused: "Besides, the rise in asset prices caused by the inflow of foreign capital is not all a bad thing, by the way, is there any sign that Shanghai will become an Asian financial center?" ”

Zhang Gongquan, governor of the Central Bank, took the question, nodded and said: "It's not just the beginning, it's the Asian financial center at all!" After the Japanese Revolution, the entire Nanyang was unstable, and capital from Nanyang and even South Asia was flowing to us, and foreign financial institutions on the beach on the beach sprung up like mushrooms after a rain! The current land prices in Shanghai are not much of a bubble compared to the speed at which foreign financial institutions are opening. ”

"It's not a bubble yet, it's going to be a bubble in the future!" Chang Ruiqing smiled and said. He knows that the land prices of the four major free markets and the stock prices of the Shanghai stock market are indeed not high, and they have plummeted once before because of the Sino-Japanese War! Considering the current rate of China's economic growth and the high growth rate of the international economy in the future...... It is estimated that this round of stock and real estate bull market will last until 929, if the historical Great Depression will come as scheduled.

Chang Ruiqing knows that the bursting of the bubble economy will certainly bring a heavy blow to the economy, but in the process of bubble accumulation, it will also flood capital, which greatly reduces the cost of financing, which is not a good thing for heavy industry that needs a lot of capital! Besides, since the birth of capitalism, the bubble economy and the bursting of the bubble have been alternating between the bubble economy, as if no capitalist country has been able to avoid a bubble economy.

So what we need to consider now is not to avoid a bubble economy, but to make the most of it. At the same time, the blow to the economy caused by the bursting of the bubble will be minimized.

Thinking of this, Chang Ruiqing curled the corners of his mouth slightly and said, "Our economic development is in good condition. That's why there will be a large amount of capital inflow, which is a good thing, we should not block the capital inflow, but build our market well, standardize it well, and at the same time provide more investment varieties to investors all over the world...... By the way, it's time to consider enacting the Securities Act and the Banking Act, and establishing the Financial Supervision Commission. These things have been proposed a long time ago, but they have not been done for several years, and they must be done well this year. ”

"Securities law? Banking law? Financial Supervisory Commission? Zhang Junmai asked Chang Ruiqing: "This ...... has few precedents in the world."

"Then let us set this precedent!" Chang Ruiqing is categorical. He knows that in this era, the world's financial regulation is almost blank! The various capitalist countries consider the senior managers of those big companies and big banks to be gentlemen. It's all trustworthy and doesn't need much external regulation! Historically, the SEC was only opened in 929, the fifth year after the Great Depression in the United States, that is, in 94. Therefore, Chang Ruiqing's proposal to formulate the "Securities Law" and the "Banking Law" and establish the Financial Supervision Commission is indeed a bit ahead of its time.

So what is the focus of these two laws? What is the role of the Financial Supervisory Commission? Zhang Junmai then asked. Now Chang Ruiqing is a dictator with great power in his hands. Of course, Zhang Junmai would not go against his will for these "little things". But as a legal expert, he is. I really don't know how these two laws were enacted.

Chang Ruiqing had already prepared, he reached out and took a bag from Chen Cheng, the adjutant standing behind him, and handed it to Zhang Junmao. said: "Mr. Junmai, the opinions on the Securities Law, the Banking Law and the Financial Supervision Commission are all in this, you can take them for reference." In fact, it is a number of preventive measures, such as the separation of banking business and securities business, restrictions on banks' direct investment and stock trading, and the implementation of a deposit reserve system. Implement the supervision of the capital adequacy ratio of banks and the supervision of the bad debt ratio of banks; Establish an external audit system. Review the accounts of banks, securities companies and listed companies, review the accounts of companies that issue corporate bonds, and supervise short selling, short buying and various financial derivatives......"

After listening to Chang Ruiqing's words, several economic officials present all looked at each other, as soon as these two laws were introduced, the entire Chinese financial community should not complain? However, Chang Ruiqing had a resolute look, and no one dared to raise objections.

Until everyone had no different opinions, Chang Ruiqing nodded with satisfaction, and then began to talk about the money: "Now there are many large public enterprises under the Ministry of Armaments, the Ministry of Heavy Industry, the Ministry of Communications, and the Ministry of Energy, including steel, mining, military industry, railways, ports, aviation, electric power, finance, shipbuilding, automobiles, machinery, non-ferrous metals and many other industries. Most of these enterprises are beginning to take shape, and if they want to develop further, they must need to bring in more capital and better management. We can transform government-managed public enterprises into joint-stock companies, and then gradually go public to raise funds, and at the same time introduce a more efficient joint-stock company management model. What do you think? ”

At present, the government does not have much money on hand, and the stalls for heavy industry construction are very large, although it is possible to raise funds by printing bills and bank loans, but it is not as worry-free as listing money.

Then Chang Ruiqing proposed to expand the area of the free city. The concept of Chinese cities in this era was completely different from that of later generations. The so-called city, except for the north and south of Beijing, does not include the suburbs. There is no pattern of dragging a series of counties under a city, and counties and cities are basically parallel to the province or directly under the central government. Therefore, the area of the four major free cities is very small, and the largest of them, Wuhan, is only a few dozen square kilometers. The skyrocketing land prices in the four major free cities in recent months are also related to the small size of the urban area, and now it is time to take advantage of the trend to expand the area of the free city, while stabilizing the price of land, it can also allow the relevant interest groups to get a vote At present, most of China's land is privately owned, and there is basically no such thing as land finance! Therefore, the benefits of the expansion of the four free cities basically belong to the land-owning farmers and some prescient investors.

And several of the big people in this room are obviously prescient. Therefore, the mention of expanding the area of the free city has also been exchanged for a happy voice.

……

While China's economy is about to enter the fast lane, the turbulence in Japan is gradually calming down. The chairman of the Japanese GCD, Ken Katayama, and the chairman of the Supreme Soviet of Japan, Hirohito, were invited by Trotsky to go to Moscow to discuss the major events of the world revolution, and left Japan in early this month and set out on the road. In fact, the deputy chairman of the Council of People's Commissars, Sanzo Nosaka, who was in charge of the work of the Council of People's Commissars, was helped by Soviet specialists. Busy sorting out the shattered Japanese economy.

On the one hand, as the chief political commissar of the Japanese Red Army, he had to keep an eye on the sit-down battle on the Korean Peninsula, although there was no major movement, but the skirmishes between the two sides continued, and hundreds of revolutionary martyrs appeared every day!

On the other hand, Comrade Takeda also has to arrange his own lifelong events! It's getting married. Of course he was married, and he had two chubby sons for nothing. One of them is named Kim Sung-joo, and he is going to be a great man in the history of another time and space! The other is called Kim Young-joo, and it is said that he is almost a great man. Now the two brothers and their birth mother live in Moscow. And they didn't know that Takeda Heng was Kim Hyungji.

Since Takeda Heng's current identity cannot be known to his wife and children, then as the general political commissar of the Japanese Red Army, it is necessary to consider marrying another wife, and he must marry a wife who can match his current status and status.

"Takeda-kun. This is Miss Lan. The second lady of the Saga Muto family, her father is Miss Muto Nobuyoshi, and this is ...... Yoshihiro Takeda of the Yonezawa Takeda family, also known as Nobuyhiro Takeda. ”

The speaker was the chief of the General Staff of the Japanese Red Army, Shizaburo Mazaburo, who did not wear a military uniform today, but a traditional Japanese kimono with the family crest of their Mazaki family on it. Kneeling across from him was the commander-in-chief of the Japanese Red Army, Nobuyoshi Muto, also dressed in a traditional Japanese kimono. Muto Nobuyoshi also knelt beside a beautiful girl with a very dignified appearance. His name is Muto Ran (uh, coincidence). She is the second daughter of Muto Nobuyoshi. And sitting next to Shinzaburo Masaki was naturally Takeda Heng, who did not wear a military uniform, but wore a clean white kimono with a black Shikto Ryoshi family pattern on it.

This family crest belongs to the Takeda clan, a famous samurai family in Japanese history! Comrade Takeda Heng, who was a proletarian revolutionary, now actually recognized the largest reactionary clan in Japanese history as his ancestor, and the Takeda clan was a branch of the first reactionary samurai family, the Seiwa Genji, and the first head of the Seiwa Genji clan was the grandson of Emperor Seiwa.

However, the origin of Takeda Heng's Yonezawa Takeda family is not pretendious, but recognized the head of the Yonezawa Takeda family as his adoptive father, and also entered the family tree of the Takeda family, in short, it is completely in line with the rules of the Japanese, even if Takeda Shingen is resurrected, there is nothing to say.

"Miss Muto, in Shimotakeda Nobuyhiro, please take care of me!" Takeda Heng bowed to the beautiful woman opposite him according to traditional Japanese etiquette. And the beautiful woman also returned the salute shyly, and said softly: "Takeda-kun, please take care of me." ”

When the girl finished saying this, her father Muto Nobuyoshi waved his hand at her and sent the girl out of this Japanese room. When the door of the Japanese room slammed shut, Masaki Shizaburo asked Takeda with a smile: "How is it, the daughter of the Muto family is really a stunning beauty!" As he spoke, he pointed at Muto Nobuyoshi and said, "Actually, you don't need a daughter, our Muto Commander will know." ”

Not to mention, Muto Nobuyoshi's appearance is really good, and if his face is replaced by a woman, he will be a living old beauty!

Listening to Masaki's compliments, Muto Nobuyoshi smiled stiffly: "Masaki-kun has won the award." ”

Takeda Henya smiled, "It's really a good thing to be able to marry Miss Muto!" ”

"That's good, that's good!" Masaki Shizaburo laughed, clapped his hands and said: "In the future, the Great Japanese Red Army will be the world of your two sons-in-law!" ”

Takeda Heng smiled: "There is also a share of Chief of Staff Mazaki." ”

Masaki Shizaburo and Muto Nobuyoshi glanced at each other, and Muto said, "Takeda-kun, since you and I will soon be a family, then I will say some things directly." ”

"But it doesn't hurt to say it."

Muto Nobuyoshi's face sank: "What the hell are you GCD thinking?" Is it to turn Japan into a country like Soviet Russia? ”

Takeda Heng smiled: "Father, isn't it good to turn Japan into a country like Soviet Russia?" ”

Muto Nobuyoshi nodded and did not speak.

"What's bad?"

"Soviet Russia eliminated their tsar, and also eliminated hundreds of thousands of nobles!"

Takeda Heng shook his head and said, "Father still doesn't know about Soviet Russia!" In fact, Soviet Russia did not eliminate the tsar, but changed a tsar, not to eliminate the nobility, but to change a group of people to become aristocrats! In my opinion, the current system of Soviet Russia not only does not contradict Japanese traditions, but can bring the spirit of Japanese samurai to the extreme! If Japan wants to rejuvenate, it must follow the path of combining the spirit of Marxism and bushido! Because the future of Japan only needs the most industrious laborers and the bravest soldiers, not greedy chaebols and shameless politicians! (To be continued.) )