Triple the industrial output value in five years, this is the goal that Lin Zhe gave Guo Longyun, Guo Longyun knows very well that his majesty has never been polite, he wants to triple the industrial output value, then he will definitely achieve this goal.

If he can do it, His Majesty will definitely reward himself with a duke, after all, His Majesty is a man of his word, and he will never deny what he says, when Song Guanqian dragged the Anglo-French alliance in diplomatic negotiations for several months, although the real reason has little to do with Song Guanqian himself, but afterwards Lin Zhe still rewarded him with a viscount.

To be honest, if you want to increase the existing industrial scale by more than three times, Guo Longyun is not worried, because although the current industrial development in China seems to be a little flat, but mainly the slow development of heavy industry, but the light industry, especially the textile industry, can be said to be developing rapidly, especially the spinning industry, although it is a laggard, but it has a great momentum to catch up with the raw silk industry.

If nothing else, relying only on the textile industry, Guo Longyun is also confident that the industrial output value will more than triple.

But the key thing is that Lin Zhe is asking for a balanced development of light and heavy industries.

However, the industry in contemporary China is basically dominated by light industry, especially the two major industries of raw silk and spinning, and in the case of heavy industry, in fact, there are only a few defense enterprises belonging to the royal industry, and the proportion is quite low.

Therefore, the difficult problem is not to triple the total value of industry, but to raise the development of heavy industry, and it is much more difficult to increase the existing output value of heavy industry to more than five times more than triple the value of industrial output.

And there is no trick in the middle, Guo Longyun knows that his majesty is not a person who knows nothing, if he can suppress the development of light industry and favor heavy industry, even if he finally achieves the goal on paper. But I'm afraid it's not going to be any better.

Although the problems faced are very large, Guo Longyun is not the first day to engage in industry, among the many high-level officials in the empire, he is one of the only few officials who are engaged in industry, in the early years in the Lin Zhe shogunate, he was responsible for industrial and commercial economic development affairs, and later led the development of Shanghai County during his tenure as the governor of Shanghai. Keeping up with the pace of the business district, it laid a solid foundation for the later merger of the business zone and Shanghai County.

During his tenure as the prefect of Suzhou, he also vigorously developed Suzhou's industrial and commercial economy, and later he was transferred to the Ministry of Industry and Commerce as a co-organizer responsible for the development of light industry, and later transferred to the governor of Anhui.

Unlike many traditional bureaucrats in the Empire, he is not good at protecting the territory and the people. It's not how well the article is done, what he's good at is industrial development.

So although the road ahead is a little difficult, this is not enough to make Guo Longyun afraid!

On December 5, Guo Longyun participated in the Imperial Economic Conference for the first time as the Minister of Economy, and his position was the first on the right, sitting opposite Bi Yutong.

Since it is an economic meeting. Then today's protagonist is naturally Guo Longyun, who has entered the political inner circle!

"Your Majesty, colleagues, please take a look. This is a preliminary draft drawn up by my colleagues in the Economic Commission! ”

"In order to ensure the stable and healthy development of the empire's economy, we have initially formulated three measures, the first is to regulate the currency, secondly, to introduce specific preferential policies to further attract citizens to invest in industry and commerce, and thirdly, to select suitable areas to build more industrial zones!"

"The first is monetary regulation, and the current domestic currency circulation is extremely limited. A large amount of gold and silver has been secretly hidden and turned into dead money, and if these funds can be used, then at least more than one billion yuan can be added to the financial market of the empire! ”

"To this end, we should accelerate the rectification and transformation of the money industry as soon as possible, and promote the transformation of the backward money bank model into a modern banking system. Improve laws and regulations related to deposits and loans. Let private funds flow into the market as soon as possible!

At the same time, we should follow the example of the Taixi countries, establish and improve the issuance of paper money as soon as possible, and further collect gold, silver and other precious metals, so as to provide a rich foundation for the precious metal reserves of the Imperial Central Bank! ”

"In terms of preferential policies, the Economic Commission proposes to further reduce the proportion of positive taxes on industry, especially on heavy industry, and to protect the development of domestic industry to a certain extent in terms of customs tariffs, and to levy a higher proportion of taxes on primary industrial products that can be produced domestically such as cotton cloth, and at the same time, in order to reduce the costs of domestic enterprises, import tax rates on high-tech products such as machinery and equipment that cannot be produced in China for the time being, as well as on raw materials such as cotton and coal, should be further reduced.

In addition to the support in terms of tax rates, the Economic Commission hopes that local governments will cooperate with the construction and business activities of enterprises, and provide protection of land, manpower and other resources in the initial stage.

In addition, it is hoped that the approval procedures will be further simplified, and there are too many procedures required to start a business company, which is not a big problem for large enterprises, but it is quite difficult for some small enterprises, so it is easy to cause small enterprises to start work privately without boarding and registration, which is also a great trouble for the collection of taxes! ”

"In terms of new industrial zones, we have initially planned several places, including Tianjin, Guangzhou, Hangzhou, Wuhan and other places......"

When Guo Longyun said this, Lin Zhe listened and looked at the draft plan in his hand, while Bi Yu and other cabinet officials also looked at it one by one, not bowing their heads and talking softly.

After Guo Longyun made a brief introduction, the people below asked many questions one after another, and the first to speak was Qi Xuanhao, Minister of Finance.

I just listened to him: "You said that paper money should be issued in the reform of the currency and banking industry, is this too radical, it is not so easy to convince the people that a piece of paper can be used as silver?" ”

Guo Longyun immediately replied: "The issuance of paper money is a common practice in contemporary countries, there is no reason for the Taixi countries to do it, we can't do it, and the issue of currency reputation, we are thinking of a detailed method, the initial idea is to maintain the smooth issuance of paper money and maintain credibility, will allow paper money to be exchanged for a considerable amount of silver yuan at any bank at any time, and the Imperial Central Foreign Bank will be ready for commercial banks to exchange paper money and precious metals." ”

"If it can be exchanged at any time, will it cause people to exchange silver dollars as soon as they get the banknotes? If they are all exchanged, then what's the point of issuing banknotes? Another person asked.

Guo Longyun said: "In this regard, the initial idea of our Economic Commission is to complete the first step of the issuance of paper money on the basis of the national finance is revenue and expenditure, and in the future, all relevant national taxes can be paid with paper money, once the people know that paper money can be used to pay taxes." Then it will be possible to initially establish the credit of the banknote. At the same time, in order to expand the issuance of paper money, fiscal expenditures are also based on paper money, and in the future, paper money will be used for all official procurement and the distribution of salaries of state employees.

However, in order to avoid widespread panic, it is necessary to ensure that local banks have a large amount of cash reserves in the early stage for the first time to exchange banknotes.

I think with the strength of the Royal Bank, there should be no problem in maintaining sufficient reserves of cash bank," said Guo Longyun, who looked at Pan Lixuan, director of the Finance Department of the Palace Affairs Department.

Pan Lixuan, who was sitting at the bottom of the rectangular table, immediately said: "Our bank has sufficient gold and silver reserves, as long as it does not issue more than 50 million yuan at the first time, and the people will not rush to exchange it at the first time, then it can barely cope with it!" ”

Pan Lixuan's words are true. The Royal Bank, which is subordinate to the royal family, is definitely the richest institution in contemporary China, although the money is not the Royal Bank itself, but all deposits, but it is the only one that can manage hundreds of millions of money.

Of course, this money cannot be exchanged for nothing, and if the Empire wants the Royal Bank to support the issuance of paper money, the central bank must come up with a large amount of gold and silver reserves to maintain the cash flow of the Royal Bank, otherwise it will be difficult to cause an unstoppable exchange turmoil.

The Reichs' Central Bank under the Ministry of Finance. This is an institution that implements financial regulation, currency issuance, and is said to be a bank. It's a huge vault and a mint.

The Imperial Central Bank had a large amount of gold and silver reserves from various sources, such as the Chinese Army's Northern Expedition, which seized more than ten tons of gold from the Manchus.

Now the treasury of the Imperial Central Bank has a total of about 30 tons of gold reserves, which are basically captured in war, and there are also various kinds of gold exchanged from the market over the years.

However, silver has more reserves than gold. But there are more than 100 tons of silver reserves!

However, this money is basically unusable, because the gold in it is used as a reserve fund for the gold standard in the future, and the proportion of gold will be further increased in the future, and silver can be used, and the mint uses silver to mint every day.

However, the issuance of silver coins will be accompanied by the recovery of a large number of silver bars. Therefore, the central bank's silver reserves will increase further in a short period of time.

However, there is also a very interesting phenomenon that the central bank of the empire is the central bank of a country, but the total reserves of precious metals are not as good as those of the commercial bank of the Royal Bank.

It's just that the money of the Central Bank is all its own, and the money of the Royal Bank is all depositors'!

The issuance of this banknote can not be said at a pre-imperial meeting, today's discussion between Guo Longyun and everyone is just the beginning, and there will be a lot of work to be done in the future.

Not only the issuance of banknotes, but in fact, many of the issues raised by Guo Longyun today are relatively extensive, and they are not things that can be done by a certain department, but can only be accomplished by the cooperation of the entire cabinet and all departments.

In this process, the Economic Planning Commission played a considerable role, and even gave Bi Yutong, the prime minister, a sense of crisis at one point, because he felt that his power was gradually decreasing.

Qi Xuanhao, Lai Changying and others actually let Guo Longyun discuss industrial and economic affairs together, but instead threw him, the prime minister, aside.

Although he also inadvertently complained to Lin Zhe about this, Lin Zhe didn't have any face for this uncle, and immediately replied: "Who can you blame for not understanding the industrial economy!" ”

Bi Yutong was very depressed, thinking that he was also a good hand at real estate development in the business zone, and almost the entire land in the business zone belonged to Yu Shengjun, and Bi Yutong was in charge of these, but unfortunately he didn't know much about industry, so he could only watch Guo Longyun make a big splash. (To be continued.) )