Although Nanjing and Shanghai have the same political status in the two newly established cabinet municipalities directly under the central government, in fact the attitude of the cabinet toward the two municipalities is completely different.

In the next development plan for Shanghai, the cabinet focused on the development of industry and commerce, especially industrial development, but in Nanjing, more of it was the development of municipal construction, the primary industry, the tertiary industry, that is, the development of agriculture and the service industry, while industrial development was excluded.

On the one hand, this is because Nanjing lacks a large-scale industrial development base, this city is not a foreign trade port, import and export are inconvenient, and at the same time, the pure migrant population is not much, and most of the population in the city is related to the administration and the army, only the administrative personnel and soldiers or their families, this part of the population occupies as much as 50,000 or 60,000 people, and the remaining real ordinary people are actually less than 200,000, which is the same as the population has exceeded the million mark, and most of them are foreigners. There is a world of difference between the proletarian group of pure workers.

Moreover, the geographical distance is also related, because Dangtu County, to which the Taiping Mansion on the edge of Nanjing belongs, is the heavy industry development base formulated by the cabinet, and the base camp of its Jiangnan Mining Company is there, and the downstream is Shanghai, plus there is no railway in this year, which is sandwiched in the middle of Nanjing is actually in a very awkward position.

Therefore, if you insist on developing industry in front of you, it is quite difficult!

Now that the empire is in ruins, it urgently needs to develop more industry in a short period of time, and the resources that can be invested are also limited, so it is natural to choose a more convenient and easier place to invest. And this place of investment is Shanghai.

In order to show that the central authorities attach importance to Shanghai's new round of industrial development planning, Lai Changying, minister of the Ministry of Industry and Commerce of the Cabinet, personally led a team to Shanghai to inspect the work. He was also accompanied by Pan Lixuan, the real boss in the contemporary domestic business community, the helmsman of the royal industry, and the director of the Finance Department of the Palace Affairs Department.

And then there's the governor of the Royal Bank, Bian Wangci. Head of the Investment Headquarters, French Basille.

The reason why I brought a few executives of the Royal Bank is because since we want to carry out a large-scale war industrial development plan, we must need funds, and these funds are not supported by the central government or Shanghai's local finance, and the only one who can come up with millions or even tens of millions of funds in contemporary China is the Royal Bank of China.

After the group arrived in Shanghai on a steam passenger ship, Xiao Changzhong, who had also returned to Shanghai not long ago, organized a grand welcome reception for people from all walks of life, mainly those well-known businessmen, at the Bund Hotel.

In the main banquet hall on the second floor of the Bund Hotel, Xiao Changzhong looked at the crowds surging in the banquet hall, and couldn't help but feel heroic in his heart.

Except in Shanghai. Is there still a lot of people worth a lot there?

The personal worth of these people in the field today is combined, and I dare not say that it is more, but it is estimated that there are forty or fifty million, and the assets they control behind them are even more, and they will cost hundreds of millions casually.

Not to mention the royal industry, this royal industry is just like the state-owned enterprises of the Chinese Empire, it is boring to tell them how much money there is, only private capital, just the members of the small group of inconspicuous raw silk chambers of commerce in the corner tower. The assets behind them add up to as much as fifty or sixty million.

Then there are several people at the helm of Dayang Bank, such as Jardine Matheson and Xinde Bank, etc., who are here, and their assets are more, casually tens of millions or even more.

When Xiao Changzhong accompanied Lai Changying and others to walk around the venue. Then when Lai Changying stood on the podium and began to talk about the various plans and expectations of the central government for the development of Shanghai's industrial economy, He Feitu, who was standing in a group of businessmen, couldn't help but feel ecstatic in his heart.

It's been a few years, and now it's finally coming out. The last time he went to Nanjing for a state banquet, He Feitu struggled to persuade the central government to support the development of the cotton industry. Let the empire increase the tax rate on imported foreign cloth.

Not long ago, the empire officially abolished all relevant treaties with foreign countries and unilaterally established customs rates. Sure enough, as he expected, high import duties were imposed on imported foreign cloth.

Subsequently, the support policies for the cotton industry were announced one after another!

Affected by the increase in tariffs on foreign cloth, his Huisheng textile company began to usher in the spring, relying on the price advantage to quickly seize the market that originally belonged to foreign cloth, and his financial department predicted that the gross profit in September alone exceeded the gross profit of the previous three months, and the shipment growth reached 150 percent of the previous month.

Seeing all this, He Feitu did not hesitate at all, not only did he not be satisfied with the existing profits, but added these profits to his own additional collection to invest in expanding production.

In addition to expanding the headquarters factory of Huisheng Textile Company, he is already preparing to invest in a new plant in the southern suburbs of Shanghai that is larger than the headquarters factory, and he will focus his investment on spinning, as for weaving and printing and dyeing, but He Feitu is already aware.

With the domestic support for the cotton industry, there will definitely be more people to follow the trend and invest, just like the silk reeling factory back then, at this time, as scheduled and they will compete to the death in the terminal cotton market, it is better to directly do the upstream industry, that is, spinning.

Compared with weaving, spinning actually has higher requirements for the technical ability and management of the factory!

And there is another advantage of spinning, which is that the product can be sold directly to other weaving factories, and even directly to rural areas.

China's current rural economy is still the traditional male farmer and female weaving, and industrial products to enter the rural market is actually very difficult, especially the machine-made cotton cloth is basically not expected in the last ten years, if you want to enter the rural market, the best is to directly sell cotton yarn instead of cotton cloth.

This is because rural women can buy cotton yarn directly and weave it themselves, which is not expensive for them, and they can barely afford it.

In fact, this is also a feature of the development of China's modern textile industry in history, that is, cotton cloth cannot be sold, but cotton yarn is very good. Many well-known textile mills, such as the Dasheng Yarn Factory, do not produce cotton cloth directly, but produce cotton yarn, which is then sold to weaving factories or simply distributed to rural areas.

Nowadays, Huisheng Textile Company hopes to be an upstream enterprise and gain relevant strategic advantages in the cotton industry that is about to shine by expanding cotton yarn.

He Feitu believes that as long as he is ahead of the curve and grabs the market for the first time, it will be difficult for the follow-up companies to win in their own competition, not to mention defeating their opponents, but at least they can remain invincible.

After all, this cotton cloth is not raw silk, raw silk mainly relies on the international market, and now the international market is in short supply of raw silk, and the basic production is not worried about not selling, and cotton cloth, but it is dependent on the domestic market, and the current domestic mechanism cotton market is very small, last year's foreign cloth and domestic woven fabric sales are only 10 million scale, now even if it expands some, but in a short period of time it is not big.

To remain undefeated in a limited market requires the vision and ability of the person at the helm.

There is no doubt that He Feitu is such a visionary person, otherwise he would not have gone to cotton cloth himself when a large group of people invested in silk reeling factories.

People who eat crabs for the first time and have not been caught by crabs yet, these people are enough to be envied.

In contemporary China, He Feitu is undoubtedly the first person to invest in the cotton industry on a large scale.

He Feitu secretly laughed in his heart in the venue, and the others were also wondering whether it was time to transfer funds to join the cotton industry?

Of course, the cotton industry is only a part of Shanghai's huge industrial development plan, and many other industries are also mentioned.

At the end of the meeting, the Royal Bank of China also announced that it would provide a low-interest loan of up to 1 million yuan to the Suzhou Creek North Industrial Zone built by Shanghai for land acquisition, land leveling, construction of roads, bridges, water piers and other basic municipal construction, and the loan will be repaid with the local government of Shanghai as a guarantee.

At the same time, it has also been announced that it will give priority to the enterprises living in the industrial zone, as long as your company has a certain strength and the industry you invest in is in line with the support projects of the empire, such as the machinery industry, then you can get the loan after approval.

I heard that the Royal Bank is willing to provide large loans on preferential terms, even those big commercial banks and large enterprises are all tempted, they are rich, but like all enterprises, most of their assets are in the form of fixed assets, but there is not much cash.

If you want to invest in a new business, it is estimated that it is possible to take out tens of thousands, but it is a bit difficult to come up with hundreds of thousands, and as for the investment of more than a few millions, you have to unite more than a dozen or even more families to raise funds together, such as Huisheng Textile Company.

This company was not a one-man company, although he was at the helm and held 13% of the shares, most of the other shares were divided by seven or eight other wealthy merchant families or simply other enterprises.

After all, the current assets of Huisheng Company are several million, and millions of dollars will have to be invested in the future, and He Feitu will not be able to come up with so much money no matter how rich he is.

In fact, any large-scale enterprise, especially capital-intensive industries, such as raw silk, textiles and machinery, is rarely said to be owned by a person or family, they are not royal industries, and they cannot support the capital needs of these capital-intensive industries on their own.

In other words, even big businessmen worth tens of millions of dollars need all kinds of loans!

With the loan support provided by the Royal Bank, it means that the next round of industrial development in Shanghai is about to start! (To be continued......)