There is also Datang Western Trading Company. This company is even more special. It is a listed company. The major shareholder is the Royal Assets Division. Other shareholders include the Ministry of State-owned Enterprises and many other domestic companies. The securities company also has private shareholders, and its profit distribution is naturally
Distributed according to the shareholding ratio of each shareholder.
At present, the taxation system of the Tang Empire is relatively complicated, and the fiscal distribution is also complicated. However, in total, about 60% of all fiscal revenue is retained by the central government and about 40% is retained by local governments.
And this place includes local finance at all levels, not just counties, but also provinces, roads and state capitals.
After the specific allocation, in fact, the local fiscal revenue that many counties can obtain only accounts for 10 to 20% of the county's total fiscal revenue. The specific situation depends on the economic development status of each county and the contribution of different taxes.
There are different.
Because the proportions are unequal, in many places, the fiscal revenue is actually not enough. For example, Huating County has a total fiscal revenue of more than 500,000 yuan a year, but the fiscal revenue retained by the county finance is only more than 50,000 yuan.
!
This number is very high for most counties in the country, and even many state capitals do not have that much available finance. However, Huating is not an ordinary county. Although Huating officials
Cry poor every day.
But this is compared with Shanghai!
No matter how bad Huating is, it is also a traditional land of water and rice, and although its industrial and commercial development is not a fraction of that of Shanghai, it is compared with Shanghai. If compared with other places, it is quite good. It is a third industrial zone.
, more than 500,000 yuan in investment has been completed, and there is still a potential investment quota of 500,000 yuan. After this is completed, it will be an investment quota of one million yuan.
So Huating says he is poor, but he still has more than 500,000 yuan in fiscal revenue. The fiscal revenue that he can use at his own discretion every year is 80,000 to 90,000 yuan. This figure is unmatched by most state capitals in the country.
At present, most of the prefectures and counties in the empire, even the upper-level prefectures, have only a few hundred thousand yuan in annual fiscal revenue. As for the lower-level prefectures, it is possible to receive hundreds of thousands or even tens of thousands of yuan. After this distribution
, the fiscal revenue that can be retained on hand is often only tens of thousands, and in poor areas it may even be only a few thousand yuan.
Therefore, many places require financial subsidies from higher authorities.
This time, Chen Lifu gave Huating a subsidy of 50,000 yuan, which is not a small amount.
But, again, it depends on who you compare with!
If compared with other poor prefectures, this 50,000 yuan can help the place catch up with a lot of things, but if compared with Shanghai, it is not worth mentioning.
It cost hundreds of thousands to build the Wusong River Bridge in Shanghai, and the funds used to develop a North Bank Development Zone reached 100% level.
This is only 50,000 yuan, which is only enough to build one bridge pier in Shanghai.
Although Huating complains about being poor every day, there is a rich man next to him. He has never eaten pork and has seen pigs run away. But he knows very well that if he wants to develop industry and commerce, a mere 50,000 yuan is not enough.
It's not even enough to build a second main road in the Third Industrial Zone, let alone carry out any wharf projects.
So, after they got the money, they just threw it away and prepared to start construction of the second main road, but don't expect any cement-hardened road, just a cinder road.
Then the officials from Huating went to Chen Lifu and continued to cry...
Annoying Chen Lifu!
In the end, I was so annoyed that I had no choice but to make it clear that I didn’t need money or my life, so get out of here, otherwise I would get mad and I would be scared...
But I didn't expect that the officials of Huating County saw that they really couldn't get the money this time, so they gave Chen Lifu advice. The government finances didn't have the money, but there was money in Shanghai. Shanghai and Huating were brothers separated from each other.
When Shanghai opened its port, Huating, as the big brother, provided a lot of support in terms of money, resources, food, and labor force to support the development of Shanghai. He has been silently supporting the development of Shanghai over the years. Now that the little brother Shanghai has become developed, he cannot
Forgot Big Brother!
Of course Chen Lifu would not say this, this is even more nonsense!
You can do whatever you like with the money for the special county finance in Shanghai. Why should you support the brother county next door! Even if this matter is brought to the Holy Emperor, the Holy Emperor will not let Shanghai give money to it.
Huating.
In order to encourage local governments to fully develop local people's livelihood economies, Li Xuan made it clear that the central government would not interfere with the use of local retained finances. If you want to develop the economy, you can develop the economy, even if you directly treat it as an official's welfare, all of it will be paid.
, as long as a report is submitted and it is reasonable, the central government will not veto it.
Chen Lifu directly asked them to find people in Shanghai, but the people in Shanghai naturally refused. In the end, it was said that the senior officials in Shanghai couldn't stand it, so they finally gave them a thousand yuan in travel expenses.
Yes, it is not given in the name of support, but in the name of travel expenses!
It means, take your travel expenses and get out of here!
When it comes to money, it's not easy!
Shanghai officials are not stupid. This money is related to construction, construction is related to people's livelihood and economic development, and people's livelihood and economic development are related to political performance.
If you ask me to give you political achievements and let you develop them, do you think I am stupid or do you think you are stupid?
No matter how rich Shanghai is, it still belongs to Shanghai. Even if they can't spend it all in a short while, they would rather invest hundreds of thousands more to improve urban transportation, build cement-hardened roads, and build rail transit, even if it is used to subsidize
The people will not give it to others.
As for you Huating, you don’t even have a cinder road, it’s none of their business!
In the end, officials from Huating came to Chen Lifu again, saying that the officials in Shanghai were too much. Several officials, all over a hundred years old together, pretended to be pitiful in front of Chen Lifu, and even squeezed out
Tears come.
It made Chen Lifu very annoyed!
But the money is still not given!
It’s not that he didn’t want to give it, but he really had no money. In the end, Chen Lifu had no choice but to use other methods instead!
That is, since money is not given, then policies must be given. However, Songjiang Prefecture has basically given all the preferential policies that can be given, and what can be done with the rest? Officials from Huating took the initiative to propose a plan, that is
Let Chen Lifu hold an investment conference to meet with investors regarding the development of the Third Industrial Zone.
As long as they attract another million in investment, they will dare to go directly to the Imperial Bank and the Royal Bank to get a loan, and then rely on the loan to build an industrial zone.
And asked Chen Lifu to come forward and negotiate with Imperial Bank and Royal Bank!
When Chen Lifu heard this, he wanted to hit someone. It was obvious that he was being used as a sign, and it was quite a risky sign!
If I come forward in person, most investors will believe it when they see that the grand master of the government has personally stood up for him. However, those plans in the third industrial zone cost a lot of money and will definitely not be repaired. In the future, those investors will find out that they were deceived.
If you are deceived, you should not point your nose in it and criticize it, and then mobilize public opinion. Maybe a lot of people will impeach you.
Then let’s talk about getting loans from the Imperial Bank and the Royal Bank. Everyone knows that these two banks, one is a bank directly under the Ministry of State-owned Enterprises and the other is the Royal Bank, are very typical policy banks. In order to support local development, they will also
Grant loans, but they need to consider the safety of funds.
As for Huating's fiscal revenue, whether it can be replaced by such a huge loan principal, it is estimated that even the interest will be enough.
If a large amount of loans are extended but cannot be collected in the future, they will not be polite. They will really dare to confiscate all of Huating's belongings, and maybe even the county government building will be confiscated!
This kind of thing has never happened before!
In the early years, Tongzhou, a subsidiary of Yangzhou Prefecture, in order to develop the cotton textile industry and compete with Shanghai next door, took out loans to build the Tongzhou Textile Industrial Zone with great ambitions. As a result, few companies moved in, let alone
After taxes are collected, even the funds to maintain the daily operation of the industrial zone will no longer be available.
Finally, the loan expired, and the principal could not be replaced. Even the interest was in arrears for a long time. The higher-level finance department was also very poor and unwilling to wipe the mess of Tongzhou. Originally, Tongzhou officials thought that they were somehow good.
It is a government government, and the Imperial Bank is also a state-owned enterprise and a brother unit. No matter what happens, it will never get bad, so the money has been delayed.
As a result, the person in charge of the Imperial Bank became fierce and sued directly to the Central Court. Because the hundreds of thousands of dollars of funds could not be recovered, the person in charge of the Imperial Bank concerned would have to lose his official title and even his life. It was such a small matter.
It doesn't matter who the big boss is in terms of fate or official status, even if the influence is bad, it doesn't matter.
More importantly, the court actually ruled in favor of the Imperial Bank and ordered enforcement!
As a result, all official assets of Tongzhou Yamen were forcibly auctioned and used for compensation, including the Lian Tongzhou Yamen Building!
In the end, the finance department of Yangzhou Government and the finance department of Jiangbei Province stepped in to clean up the mess and raised funds to help repay the loan, preventing the matter from getting completely out of hand.
But in order to teach local officials a lesson, the government building was deliberately auctioned off!
The poor Tongzhou Prefecture Yamen is still working in several temporarily rented warehouses, and most of its annual fiscal revenue has to be returned to the Yangzhou Prefecture Finance and Jiangbei Province Finance, leaving only the most basic expenses.
As for the subsidies, benefits, etc. for officials, they will all be cancelled. Some positions that require hiring people will also be cancelled, leaving officials to do it themselves.
Not to mention how miserable it is!
As for the relevant officials who were in charge of this matter at the time, most of them were very unlucky. Although this kind of thing is not a crime, if you have made such a big mistake, don't expect to have an easy life. All of these people have been sent overseas.
, don’t expect to be able to return to your hometown to work in this life.
Therefore, it is easy to cause big problems if you seek a loan from the Imperial Bank, the Royal Bank, or other banks, and then use it for investment.
Otherwise, why don't other local yamen go for loans? As long as they are confident and the project is decent, they can brag and scare people, and then they can go to the Imperial Bank for a large loan!
But why do so few places do this?
Because it’s so easy to go wrong. Once something goes wrong, it will be a big trouble!