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Chapter 746 When the Chinese currency becomes an international currency

Even half of the single line that is only laid now consumes more than 20,000 tons of steel. For this reason, at the beginning of the preparation for the construction of this railway, I had already asked Chang'an Steel Plant to increase investment and expand its factory capacity.

By the middle of this year, Changan Iron and Steel Plant has built a total of four fifty-ton and two seventy-ton bumper furnaces, plus two original two fifty-ton bumper furnaces, seven ten-ton and twenty thirty-ton bumper furnaces. The total daily output of Changan Iron and Steel Plant has reached 1,100 tons.

Similarly, two 70-ton open furnaces were built in Ma'anshan, Bashu. In addition, the original ten 30-ton open furnaces have a daily output of 440 tons.

Finally, the need to build a double-track from Yan'an to Chang'an was temporarily met. If one is first repaired and then use a train to transport materials to build a double-track, the construction speed can be improved.

After all, the transportation volume of trains is much larger, and there is no need to consume horse-drawn carriages and manpower to transport materials. A lot of manpower and material resources are saved.

In addition, the use of steam engines is indeed very wide. In addition to being used in transportation, it is also used in mechanical improvement. In addition, Guanzhong No. 1 Textile Factory has already launched two steam engines, and using steam engines to drive the textile machine, the effect is indeed much better.

Because hydraulic machinery ultimately depends on water for food, and the flow rate and size of the water flow will affect the operation of the machinery. However, the steam engine does not have this defect. Although the cost seems to increase, the problem is that it can greatly improve work efficiency.

In addition, after having a steam engine, a larger hydraulic press can be built. With this thing, better machinery can be forged. Anyway, this is a virtuous cycle.

"Are you beautiful?" I looked at the important civil and military officials with pride with almost green eyes. I took out a gold coin from the box and picked it up, and then looked it carefully.

The patterns are very exquisite, and the numbers and Chinese characters on it all appear so clear. In the middle of the gold coin is a beautiful and beautiful peony flower. As for the back, it is the outline of Chang'an City.

"The weight of such a coin is fifteen grams, of which the gold content is 88%, and 12% of it is copper... It can be used as ten jin of coins." Fang Xuanling spitted and stretched his hand to the gold coins in the box. The commentators present.

"In addition, this silver coin weighs fifteen grams, which contains 88% silver, and 12% of it is copper... Each silver coin can be used as a monday coin. There are also a monday coin weighing seven and a half grams, and a monday coin, and a monday coin is worth two hundred coins..."

"Your Majesty, this kind of well-made and very beautiful coins is probably because of the labor cost, right?" Wei Zheng looked at him for a long time, then reluctantly put the golden coins in his hand back into the box and asked at me.

"Director Wei, the cost of this kind of coin is very low. The cost of each coin is about one tenth of five zhu." Fang Xuanling smiled and explained, "The cost of both gold coins, silver coins and copper coins is the same."

"It won't be so low, right?" my uncle couldn't help but say shocked. "Casting money is not a business to make money. In the previous dynasty, the cost of 100 guan was to be nearly 50 guan. How could this be so low?"

"Uncle, you don't know. We used steel plates to carve them and then press them with a stamping machine. There is no need to be minted every coin as before. Instead, it is directly pressed with large pieces of copper, silver, and gold."

"As long as there are enough materials, a stamping machine and six people need to operate in two shifts, and they can make more than 100,000 coins in a day." Fang Xuanling's words made everyone catch up with the hippo who had been musketted on his butt. More than 100,000 pieces are definitely not a small number, and only six people need to work in two shifts.

"...The labor cost is quite low. Then your Majesty, such coins with excellent workmanship and very beautiful appearance can definitely be circulated on the market." Ma Zhou couldn't help but frown after he turned to the table. "It's just that the weight is too light."

"This is no problem. I am going to determine the currency system in the near future." This young master waved his hand passionately. "That is, to establish the own bank of the Huaxia Empire."

Following my gesture, Li Yuanfang brought out a thick stack of information to distribute.

Banks are special financial institutions that can support the country in implementing monetary policies, conduct macro-control of the national economy, and supervise and manage financial institutions and even the financial industry.

Financial institutions that undertake credit intermediaries through deposits, loans, exchanges, savings and other businesses. Commercial banks are one of the most important financial institutions. The main business scope of commercial banks includes absorbing public deposits, issuing loans, and handling bill discounts.

These businesses can be carried out. Over the past period of time, due to the prosperity of business transactions, money shops have begun to appear, which are the predecessors of foreign exchange exchanges, and soon fell into my eyes. It reminded me of another extremely profitable business: the financial system.

To put it simply, what I know is the most basic businesses such as deposit, loan, and remittance. However, with these most basic businesses, it is enough. If you have too much money at home, you can keep it in the bank, if you have less money, you can make a loan. If you want to withdraw money from another place, we can do it.

Anyway, I have been concerned, and the current surge in precious metal production has given me the confidence to do this. Establishing a country's financial system is not only for making money, but also for stabilizing the country's economy.

At the same time, a national credit system will be established. During the period of primitive accumulation of capital, national credit is one of the strong leverages. Under the capitalist system, government bonds are mainly issued through large capitalist banks or in the open financial market. Banks can not only obtain large rebates from them, but also various bonds issued by the government also provide a large amount of virtual capital and important objects for bank joint-stock companies.

And with the deepening of the capitalist economic crisis and fiscal crisis, income obtained through national credit has become an important source of national fiscal revenue and the main means to make up for the shortcomings. In modern Western developed countries, national credit is no longer simply a means to obtain fiscal revenue, but has also become an important economic lever to regulate economic operation.

With the development of capitalism, national credit has also developed from domestic to foreign countries. That is, a government borrows debts from another government or private enterprises and individuals in the name of the country and issues government bonds in the international financial market. It has not only become a means to make up for a country's fiscal deficit, but also a powerful leverage to regulate international balance of payments and foreign trade.

Now, it is naturally not the time to issue bonds, but to use banks to control and promote economic development. Moreover, it can also suppress private usury.

In addition, the Wuzhu coins used in the Huaxia Empire were used since the Han Dynasty. Although the coins minted from the Han Dynasty to the previous dynasty were all Wuzhu, their size and weight were inconsistent, which was speechless.

Re-establishing the monetary system is conducive to the development of the Huaxia Empire. At the same time, the trade currencies used by the surrounding countries are all Wuzhu coins minted by the Huaxia. Even the circulating currency used by Goguryeo, which was strangled to death with the former Sui Dynasty, was the Wuzhu coins.

What is this equivalent? It is equivalent to the currency of the Huaxia Empire, which is equivalent to the US dollar in later generations, which is super hard currency. So, why can't the Huaxia Empire learn from the America in later generations? Today's Huaxia Empire can completely create free trade zones.

The various products of their own are dumped on a large scale to the surrounding countries. In addition, relying on the currency of the Chinese Empire to control the economies of the surrounding countries. Where can I find such a good thing?

After a careful analysis and explanation with these guys, these people finally understood that as a sect leader, they could actually have so many benefits. They could not only control the economies of the surrounding countries, but also benefit the import of the commodity economy of the Chinese Empire, but also directly control these neighboring countries through economic means.

The concept of manipulating the life and death of neighboring countries through economy and even currency is refreshing, and this is not a bragging, but can actually play such a role.

This is an idea that has never been before, or that no one has ever thought of. In this regard, these important civil and military officials were deeply shocked by this master's shocking talent, or in other words, they really couldn't imagine that this master could be so despicable.

However, in this way, the economy of the Huaxia Empire can fully develop like a swell, and a large number of commodities will not have any sales in the future. More importantly, the currency of the Huaxia Empire completely controls the economies of the surrounding countries. Let’s put it this way, if the Huaxia Empire sneezes, they will all catch a cold and a fever.

This approach is indeed a bit unauthorized, but the question is, the vassal states of the Chinese Empire originally regarded China as their sect. Why? Or is it not because we hope to get enough benefits. Now, we can give you benefits.

But the problem is that you have to use resources and specialties to exchange. In addition, the currency of the Chinese Empire is so exquisite and durable that your country can no longer use bark and grass roots as currency, and can be covered with silk and porcelain. Are these benefits not enough?

Excitement, shame, contempt, and self-blame are intertwined in the hearts of these pillars of the Chinese Empire, but they all know how great the formation and advancement of the financial system can be for the Chinese Empire.

Think about it, every year, the rich people of the Chinese Empire deposit money in the bank, so the interest alone... Well, of course, the fee is charged. A fee of less than 10,000 guan is charged at 1% every year. A total of more than 10,000 guan is charged at 0.7% of the year. A total of more than 10,000 guan is charged at 0.5% of the year.
Chapter completed!
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