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Chapter 72 Finance (3)

You Mingqian, a post committee member of the establishment of diplomatic relations, said: "I have a concern. I don't know if the Finance Committee has considered it, it is the issue of counterfeit currency and counterfeit banknotes. Once our currency reform was successful and the silver dollar was recognized by the people, and after it affected the surrounding areas, there would definitely be people who imitate it. Think about it, since even silver was fake, and in the old time and space, a large number of imitations appeared in the later stages of "Yuan Datou". Therefore, counterfeit currency and counterfeit banknotes are absolutely inevitable, and this will inevitably have an impact on our financial security. If it is serious, it is very likely to be used by hostile forces to deliberately mint a large number of counterfeit currency and counterfeit banknotes, causing our inflation and depreciation of currency to destroy our economic construction. Once this phenomenon occurs, how should we deal with it."

Jia Zhenzhao said: "Strictly speaking, the work of preventing counterfeit currency and counterfeit currency is not the work of our finance commissar, but the security department should be responsible for it. However, due to the special situation of counterfeit currency and counterfeit currency, I would like to express our opinions. In fact, don't regard counterfeit currency as a disaster, but it is not that scary. First of all, counterfeit currency. counterfeit currency is divided into two situations. One is counterfeit currency minted for circulation and use. This is also the most common. It is not ruled out that some people want to make profits from it, but it is mainly for circulation and use. If our currency is After the test of the market, the value is stable, the purchasing power is strong, the recognition is high, and the influence is widespread. Of course, there will be people who mint our currency for market circulation. The forged "Yuan Datou" is the case, but this is not completely a bad thing for us, because it can make up for the insufficient amount of money issued to a certain extent. As I said before, the amount of money issued in the first batch is definitely not enough. With the development of our economy, more currencies will definitely be needed. Since someone issues additional money for us, why not do it?"

Everyone laughed when they said this.

Jia Zhenzhao continued: "If this happens, it means that our experience and influence are increasing day by day, and we can also use our currency to buy materials from other places. This is a good thing! Of course, the premise is that we must maintain economic development and sufficiently digest the increased currencies. But I think this should not be too difficult to do. If we really want to have an impact on our economy, cause inflation, and depreciate the currency, we must invest a large amount of currency in our ruling area in a short period of time, at least tens of millions of yuan. Not to mention the above, and with the development of our economy, the amount of money required will be larger. I am afraid that only our hostile forces can do this. But you have considered that after we have a bank, bulk currency transactions will definitely be completed through bank transfers. Therefore, the increased currency can only enter our market through small private transactions. However, this will greatly reduce the impact on currency, and leave us a certain buffer time to try to deal with it, find the source of counterfeit currency, and take measures at all times."

"Of course, this does not mean that we should welcome counterfeit currency with both hands. After all, overall, the harm caused by counterfeit currency is far greater than the benefits it brings to us. This is because we cannot control the source and quantity of counterfeit currency, so we must firmly crack down on counterfeit currency, but this is not something our Finance Committee can do."

At this time, Xia Bohai said: "There is no need to worry about this issue. We will negotiate with the security department and will definitely find ways to protect our financial security. Of course, the financial committee must do a good job in monitoring currency."

Jia Zhenzhao nodded and said, "Of course, this is also one of the functions of the bank."

Xia Bohai said again: "So is there anything else?"

Jia Zhenzhao said: "Since the draft of the [Bank Law] has not been compiled yet, there are not many things that have been determined about bank work, but there are several aspects that also require government support, that is, the expenses and tax revenue of various government agencies must be stored in our own banks; all government enterprises must open accounts in their own banks; and the wage subsidy income of all time travelers is also stored in the banks; this will ensure the basic amount of deposited funds of the bank. For foreign investment funds, they are Chinese private funds, on their voluntary basis, they must also do their best to do so.

The employees opened accounts in our bank and traded large funds as much as possible. In terms of bank loans, in the future, enterprises invested by governments, as well as infrastructure investment and public facilities construction, they should also use bank loans to complete as much as possible. This will not only ensure the bank's business volume, but also alleviate the pressure of insufficient funds. In addition, agricultural funds, including rural basic construction, farmers' small loans, etc. Of course, agricultural loans need to be cautious, and we need to seriously consider the measures and terms of the loan process."

Xia Bohai said: "This is certain. Of course, the government will fully support the development of banks. Do you have any other opinions?"

No one spoke. First, everyone was not very good at finance; second, they had just asked the questions they should ask, and Jia Zhenzhao also gave detailed answers, so there was nothing to say.

Seeing that no one spoke again, Xia Bohai said, "Okay, the Finance Committee will sort out the currency issuance plan and make it into a complete proposal and send it to the House for deliberation."

A few days later, the [Regulations on Investment Promotion Management of East China Governments] jointly formulated by the Commerce Committee and the Finance Committee and the Agricultural Committee was finally officially released and was first discussed at the Executive Yuan meeting.

[Management Regulations] First, we will introduce the current tax system of the East China government in detail, mainly including customs handling fees, customs duties, business tax, value-added tax, consumption tax and other taxes. There are also some other fees: such as land use fees, pollution discharge fees, demolition, slag delivery fees, etc. Of course, not all taxes will be collected, but different taxes will be collected according to different industries. We have made detailed explanations and solemn commitments that in addition to the clearly listed fees, as long as the enterprises and factories under the rule of the East China government, there will never be any other fees such as levy, filial piety, protection, etc.

Investment projects in the East China government ruling region are divided into five categories: industry, agriculture, service industry, infrastructure, public construction, and high-tech, each with different levels of preferential conditions; among them, industries are divided into heavy industry and light industry; agriculture mainly refers to agricultural and sideline products and cash crops; service industry is catering, entertainment, leisure and other industries; infrastructure refers to the construction of highways, railways, bridges, ports, etc.; public construction refers to the construction of schools, libraries, nursing homes, parks, etc.; and high-tech is a forward-looking project in this era and can be combined with heavy industry and light industry. For example, electrical technology, internal combustion engines are the combination of high-tech and heavy industry, and optical technology can be regarded as the combination of high-tech and light industry.

The preferential conditions given to investors by the East China government are mainly tax cuts, fee reductions, free land provision, government subsidies and loans, etc., but depending on the investment projects, the preferential conditions are also different. With high-tech, industrial investment has the greatest discounts, and almost the vast majority of preferential conditions can be obtained; infrastructure and public construction are second; and agriculture and service industries have basically no discounts. This is mainly because the current construction of the East China government is mainly concentrated in industry and infrastructure, while agriculture (mainly referring to agricultural and sideline products and cash crops), the development of the service industry needs to be based on industry and technology, and now is not the time to develop these industries.

The investment forms are divided into four categories: private capital, foreign capital, joint venture, and participation in government enterprises. Joint ventures can be divided into three categories: private capital and time traveler joint venture, foreign capital and time traveler joint venture, private capital and foreign capital joint venture, and tripartite joint venture. Of course, each joint venture is divided into several types according to the different controlling rights. Each type has different preferential conditions. Overall, it should be slightly more focused on China's private capital.

In addition, the annex to the [Management Regulations] also clearly stipulates that government administrative staff (including local residents) and immediate relatives, government enterprise management staff (including local residents) and immediate relatives shall not participate in any joint venture. Because once the East China government fully launches investment promotion, there will definitely be some private capitals that will seek time travelers to make profits by using the special political status of time travelers, and at the same time obtain a guarantee; in addition, some time travelers who want to start a business individually lack funds and hope to cooperate with private funds to obtain start-up funds for the entrepreneurship. The government heard the news that ordinary time travelers and local capital are negotiating and working together to do business, but at present it is limited to local people in the East China government-ruled region. However, government work managers are not allowed to participate in enterprise activities in the old time and space, in order to prevent power and capital from being combined. Therefore, there are such regulations.

Direct relatives refer to parents, spouses, siblings and spouses. However, there are also some loopholes in this. First of all, uncles, aunts, brothers and sisters may not be considered direct relatives. Of course, there are very few time travelers in families, let alone uncles, aunts, brothers and sisters. Therefore, the actual significance of this loophole is that in terms of spouses, the East China government only recognizes monogamy in law, but in fact, some time travelers have found "little wives", and some people have found more than one "little wives", and such time travelers are and

The number of "little wives" is still increasing; and the East China government basically adopts a default attitude towards this. In addition to not legally recognizing it, but in actual affairs, they basically recognize the status of these "little wives". They can basically enjoy most of the rights of "big wives". This is a big leak that can be exploited. Time travelers and registered spouses do not come forward, but they can allow the "little wives" to invest in shares or jointly with foreign funds to seek benefits for themselves. In addition, the relatives of the spouse and the children and in-laws can be used.
Chapter completed!
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