LATEST UPDATES

Published at 24th of April 2021 01:23:05 PM


Chapter 151: 151

If audio player doesn't work, press Stop then Play button again




The annual budget meeting continues. Several agencies were gradually reporting the progress of their mission to Zhao Lingxin.

"Last year, the Empire's GDP grew by more than 31 percent. That puts the GDP for this year at 120 million yuan," Finance Minister Yao Long said.

"This year, the economy has grown more than we expected," Zhao Lingxin said with surprise. Because as far as he can remember, the country's GDP was still 83 million yuan the previous year. Just over a year, the empire has grown like a rocket blast. It has a 31 percent growth rate than what we set a goal at 20 percent.

Many government projects in recent times have begun to bear fruit. Infrastructure spread across the country. Encourage capitalists to sow money into the circular economy many times. Until creating prosperity in all areas.

And this section does not include private equity issuers. Build roads in the private name.

"But this year, the government debt has increased to 30 million yuan."

Lieutenant Colonel Yao Long warned.

"About this matter, I already know. This is what we have to pay for this economic growth rate," said Zhao Lingxin.

With many construction projects, The public sector does not have sufficient funds. They are causing the government sector to borrow money in the country In the form of government bonds, with over 30 million yuan debt. Help build great potential for the country to be more developed in the future time.

"How's the road construction going on now?" Asked Zhao Lingxin.

"With our construction team and private individuals who have invested in roads across the country. This year, roads covered all areas of the empire. The distance is more than two hundred thousand kilometers." Major Lian Aun answered the question of Zhao Lingxin.

They incentivized a group of local businessmen for road construction. And have the right to collect tolls. As a result, more than ten kilometers of road construction were attached every day across the country. Workers will pour the cement into it. It didn't take long for the cement to dry and turned into a road and ready to use.

Right now, there was only the capital of the empire. With asphalt roads in use, When counting the road distances across the country at this time, it is considered sufficient for use. General and military transport It's time to promote the training industry seriously.

"I want the Ministry of Industry to build five thousand kilometers of railroads in a year," said Zhao Lingxin.

The two lines that the empire built now cover more than 2400 kilometers. 

It's time for the train route to expand. According to different regions all over the continent.

"Your Majesty, but we have a budget problem," said Major Lian Aun anxiously. Alone, just two train lines that were just completed. It takes a huge budget. He is afraid that this year the government will not even have enough funds for the construction of the new train route.

"Your Majesty, we cannot bring more debts," Lieutenant Colonel Yao Long exclaimed as well. However, the train route is very useful. But it takes a long time to pay back. He speculated that it would take more than 30 years. That the government will receive earnings back from the opening of the railway line.

Compared to cars which cost much lower And the construction of roads today is extremely easy. Many in the government are encouraging the construction of fewer railways and waiting for routes to cover all rural areas first.

"The train is very strategically important that we cannot ignore," Zhao Lingxin paused for a little. Before offering an opinion that

"I think we should take past the model of road construction by the private sector. Please give them a train concession for them to be able to construct. They have the right to collect the fare, But there is a condition that, after twenty years, the railway lines they build will go to the government owner immediately. "

There is an example of success to be seen. If people in business can invest in building roads and collect tolls, Why can't this pattern be used in railroad construction? The government has no money, but most capitalists have.

They can group to form a railway company. Construction of routes in various cities The government does not have to make much investment gives them the concession to manage investment services.

Under Zhao Lingxin's strong excuse, Silence the Cabinet's mouth, And it's time for General Guo Ling to make a decision.

"If we give the concession, there will be no loss. Only people in business make investments. Even if this project is disabled, we will stop it, and it is not too late," General Guo Ling said in his mind.

The railway construction project cost much money, probably only a large group of businessmen. Capable enough And a group of shipping companies like the Deng family. Should be reasonably interested in this business.

Therefore, the Cabinet approved the granting of train concessions to the private sector.

In the last year, the industrial sector of the whole country has grown exponentially. As reported by Major Lian An, Minister of Industry, There are more industrial factories than last year. Besides, heavy industries such as automobile manufacturing. It is the heart of the Ministry of Industry.

The automobile business is a source of income for people at all levels in the country. Without the car industry, Some science and technology of the private sector would be significantly lagging. But with high competition in this business.

They are allowing car companies to accelerate each other to develop the car to be more efficient. They employ a group of scientists. They built a dedicated and highly advanced laboratory. Until in this regard, the National Academy of Sciences has not been able to catch up with these companies' associations.

Making it the first time in years With a group of private companies filed for patent registration for the first time; as usual, in the past, Patent works mainly come from Zhao Lingxin and the government. But under the free trade competition, private groups have also pushed themselves up.

Domestic steel demand is rising steadily. Fortunately, the empire's heavy industry was fundamental enough to support the production of steel. Making in the past, the kingdom produced eight hundred thousand tons of steel.   

Zhao Lingxin looked at the steel production report in front of him before saying,

"With the amount of steel that we can produce, So now we can start building warships."

the 1st fleet of the empire They were all warships that Zhao Ling Xin summoned from the system. Because each ship uses tens of thousands of tons to sixty thousand tons of steel. The steel produced is undoubtedly not enough. But now the steel production rate is likely to be rising. And next year, it is expected that it will easily surpass one million tons. It was causing Zhao Lingxin to plan to build a warship by himself.

"Send this to the military commission for them to decide."

Zhao Lingxin said.

"Acknowledge Your Majesty," General Guo Ling replied.

"Your Majesty, this year, our exports have been huge. Here are the numbers," said Sun Wanping, Minister of Trade and Economy as well.

Zhao Ling Xin received the report and read it. Found that the export value is very high.

"The international market is really strong. We were right that forcing all four regions to sign an unfair treaty. "

Modern products are unique to the empire when combined with meager prices. Without having to pay tax, we were selling as much as hotcakes. Just put it on sale for a while; the product will run out quickly.

"Hasten the industrial sector to produce more products. We'll have to put more products into it." Zhao Lingxin made a decisive decision.

And doing so will render the four countries free from their respective industries. Must rely solely on imports

Right now, what the empire had brought was only the starting materials.

After that, they set up the annual budget. By this year, taxes and commercial taxes The empire can store a lot, according to the rising GDP numbers.

People in business and capitalists pay more than ten million yuan in taxes to the state. Not only that, now that the middle class in the empire has begun to be born. They are also part of the increased taxes for the country. As a result, the government sector has more money collected than last year.

The Cabinet has drafted an annual budget of over 19 million yuan. Then handed over to the Imperial Parliament to certify the enforcement of this Budget Act.

This was the end of a multi-day meeting. The Cabinet was full of weariness. From a long meeting.

"Finally, it's time to rest." Zhao Lingxin sighed.

"Qin Bo, you bring Zhao Min to me. Tomorrow, I will go to the valley outside the city to take some rest, "Zhao Lingxin ordered.

"I will hurry and proceed immediately," said Qin Bo.




Please report us if you find any errors so we can fix it asap!


COMMENTS