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Published at 24th of April 2021 01:23:46 PM


Chapter 122: 122

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Every time a new industry is born. The economy will expand like crazy. Create new jobs instead of building wealth for the empire and leapfrog development.

This time is the same as well. The Empire received an invaluable economic benefit. The first is that the businessmen have invested in building a car factory. They were causing tens of thousands of people to work—citizens from local regions walking into the capital to find a job.

Now the capital's population exceeded 1 million people. With such a population, only the Chang'an Capital of Datang Region was comparable.

The production of a car requires a variety of raw materials and also needs large quantities. The small accessories with simple production processes were sent to small factories for contract manufacturing to create an industrial cycle. Now that the Empire truly had a full industrial cycle, it was able to produce high-tech products on its own, no longer relying on the summoning of machines from Zhao Lingxin's system.

The Holy Great Dazhou Empire had sprung up with great pride, becoming a truly industrial country. It is similar to the British and the United States in the 1940s with many industrial plants. Able to support all types of production. Whether it is high-tech products or daily consumer products, many civilian industrial factories can now also impact times of war. A civil, industrial factory can transform into a military factory with a few modifications.

Small-sized factories can produce military necessities and ammunition. The automobile factory can adjust its production line to make tanks and airplanes. If the Empire goes to war by chance, many civilian industrial factories become awakened giants, create enormous weapons, and become real war machines.

If the Empire had no such perfect industrial foundation, it would be impossible to support modern warfare.

Currently, around the outskirts of the capital, Shenzhou, there are many industrial estates. Especially with the advent of the automobile industry, increased the volume of factories to another level, like Detroit's US city, known as the city of cars.

Also, new jobs and careers have emerged. Started with auto insurance companies, began to sell accident protection policies. Thousands of insurance agents are recruited. Of course, cars are often accompanied by accidents and damage to the vehicle. As a result, some people have turned to open garages, car repair shops, repair damaged, worn cars, and replace spare parts.

Gas stations in various locations became a stopover, where businesses, shops, and restaurants came to serve commuters.

Having a car makes most people feel free like having wings to fly everywhere, traveling freely and comfortably, with a built-in cool air conditioning system, no need to stand the heat in a chariot like in the past.

Smooth roads with easy commuting are about to make immigration easier in the future. It was here that the outer areas of the capital were madly traded, transforming the land into houses for the people to support the expansion of the capital.

The automobile industry has continuously created a new type of business that has become involved. It has emerged as the most influential industry with the highest value on the market right now, a giant cake that businessmen are vying for. To be number one in the car market. This constant development has changed a lot of people's values ​​as well. If a man would marry a woman as his wife, only owning a field to work is acceptable in the old days.

However, with the arrival of Zhao Lingxin, the values ​​had changed. If he wants to have a wife, a gentleman must have a stable job in a company or factory. When it passed, it began to have a lot more standards. For example, there must be electricity in the house—own bicycle. If a man does not have any of these things, do not expect a woman to glance, and many parents will never give their daughter.

Until finally, with the car's arrival, the minimum standard of marriage has increased once again. Many men cry out for trying to get a car to drive.

Also, the car allows you to travel comfortably, expressing the status of the middle class.

Wen Jia only looked at cars after cars passed by. He wanted a car, which is now a value that every man must have a car.

"No, the car is too expensive." Wen Jia shook his head as soon as he saw the price on the roadside announcer. One car costs about 120 yuan -150 yuan. This amount of money Wen Jia had to keep for a few years to be sufficient.

Wen Jia is working in a steel smelting factory. With a salary of 8 yuan a month, it is still impossible to buy a car. Wen Jia's pay was very high compared to the 4 yuan a month's salary.

This is the social inequality that arises. If you don't have a lot of money or a businessman, it's tough to save money to buy a car.

Wen Jia did not dare to be too extravagant. He heard the Empire was about to open a national university. A person who attends this place can be guaranteed to do high-level work in the Empire. Of course, Wen Jia wanted to save money for his two sons in the future. He certainly thinks the cost of studying at the university will be very high.

But at that moment, while Wen Jia walked home after finishing work, he heard a radio announcement coming from a shop.

"The Cabinet wants to encourage everyone to buy their own cars. Today the Cabinet has approved a loan policy for every citizen who wants to buy a car."

"Hmm! Is that a loan?" Wen Jia was very interested in the news. The next day, dawn The newspaper released the Cabinet announcement yesterday. Wen Jia, who was having breakfast, carefully read the news.

The Cabinet passed a resolution to issue a car loan to all citizens and pay with banks. If only being an imperial citizen, you can apply for a loan at any Tianhuang Bank branch.

Behind the Cabinet, this policy comes from Zhao Lingxin. Zhao Lingxin wanted all citizens of the Empire to have equal access to cars, able to own cars. So this loan policy was born.

"I want to stimulate the country's economy in a big way," Zhao Lingxin told a cabinet meeting. He wanted to accelerate the development of the Empire faster than a rocket.

The fastest way of development is to boost the economy. If the government lends to the people to buy cars, the massive demand in the market. Loans will turn into capitalists and lead to further investment. In the end, the government's loan will be repaid in full, accompanied by economic prosperity.

This method belongs to England, which is known for its world financial markets. Carry out lending to achieve basic construction.

If the Empire followed this path, it would benefit three at once. People have cars to drive. The capitalist earns money to build factories and stores to stimulate economic circulation. The government gained prosperity with a loan; with every yuan returned, nothing was damaged. It can shoot up to three birds with a single arrow.

"I want to inject a lot of money into the system. What do you think?" Zhao Lingxin proposed this great development plan, imitated from his previous life. Zhao Ling Xin was confident his plan would be successful.

"I agree with this approach. As for the subtleties, I think the Ministry of Finance has to come up with a plan." General Guo Ling did not oppose Zhao Lingxin's plan.

"According to my opinion. We should print money to fund this loan. We should not print large amounts of money or control inflation becomes even more difficult," Finance Minister Lieutenant Colonel Yau Long said.

The finance ministry has always been concerned about inflation. Fear that the imperial banknote will lose its value Today, the Ministry of Finance tries to keep inflation at 2.77 percent per year.

After a long meeting mixed with the Ministry of Finance proposal, the cabinet finally concluded, planning to print 2.5 million yuan notes to be injected into the system. In the form of a car loan with an interest of 3 percent per year. The amount of money at this time is equal to one-quarter of the annual budget.

"If everyone is okay with this policy immediately," Zhao Lingxin signed the first person. Then forwarded to Prime Minister General Guo Ling to sign next, resulting in this policy.

This is the source of the government's car loan policy. Under the principle of promoting public access to car ownership as easily as possible, reduce economic inequality.

Wen Jia, who had finished reading the newspaper's news, quickly brought the matter to his wife and consulted.

"I think our house needs a car. What do you think?"

"If you want, we went to apply for a loan with the bank. It was not bad."  Wenjia's wife supported the matter.

Both of them discussed and discussed in detail. Wen Jia took his ID card and headed to Tianhuang Bank. So many people are lining up to apply for a loan as well.

This government's policy has attracted a lot of public interest. Many people who dream of having a car have filed for self-recovery. Wen Jia filed a request, along with proof of his salary, for the bank to review. Seven days later, the bank approved a loan for Wen Chia with four-year installments. Which is not much of a burden to Wen Jia.

Wen Jia bought a car model and drove his children and his wife out to the city. For the first time that he felt humans can be able be free like this. One year ago, when he had almost no clothes to wear, his quality of life had changed until he couldn't remember the past after just one year.

Wen Jia was lucky that he had fled to Shenzhou capital instead of going to another city. Because of the city of Shenzhou, he finally led others to a perfect life.

Many families in the Empire were just like Wenjia. They feel that a peaceful life is more precious than anything. While Wen Jia was filling up gas at a gas station outside the capital. He heard the sound of the radio announcing.

"I would like to invite everyone to witness the launch of the rocket. Going into space in the next 1 month."




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