The emperor has been hesitant about the establishment of the capital market.

Although bonds were issued, hoping to gather streams and make big rivers and concentrate private funds to do big things. However, bond transactions are limited to personal private transactions, and there is no real bond market.

Of course, bonds are one of the most stable investment channels for banks, both the central bank and the Industrial and Commercial Bank of China are in progress.

The emperor felt that the number of varieties was still too small, and it was too early to set up a bond market and there was no need to set up a bond market.

Since banks can issue or repurchase, private private transactions are not prohibited. First, they will develop naturally, and then adjust and improve depending on the specific situation.

"Emperor, Li Dan is here to say goodbye." Wang Tigan's report made the emperor who calculated the money take back his thoughts.

The word of the emperor is a form, and the emperor can see it or not. If he doesn’t see it, he will be done by kowtowing outside the Meridian Gate. If he sees it, it will naturally express the emperor’s favor and importance.

"Xuan." The emperor did not hesitate and waved his hands.

He submitted Luzon's governance plan several times and revised it several times, and finally gained the recognition of the emperor. Li Dan was also excited while tired.

From the sea commerce to the princes in one place was a situation that Li Dan could never imagine. Yes, in Luzon, he, the governor, was the king.

As a huge maritime businessman, money is no longer important to Li Dan. If he could spend the rest of his life in peace, he would rather donate most of his property.

In feudal society, many people have this sense of crisis or insecurity. Even the nobles of the clans and vassals, let alone a businessman?

But the emperor's attention gradually dispelled his worries and concerns. The emperor loved money, but he took it well. At least Li Dan believed that if the emperor was doing business, he would definitely be a good businessman who valued his word.

The Governor of Luzon suddenly hit his head, and Li Dan was confused at first. He came to give money and wanted to contribute his efforts when attacking Luzon.

But the emperor did not accept his donations, and intended to appoint him as the governor of Luzon. These two accidents were really, too surprising.

After the huge surprise, Li Dan submitted several plans one after another. The final passage also made him understand the emperor's attitude towards expanding territory and the division of overseas territories.

According to Li Dan's understanding, the emperor should have divided the original territory of the Ming Dynasty and the later opened up and occupied it into three levels.

The first level is what was originally present, including what the emperors had given up. Generally speaking, all provinces within the territory of the Ming Dynasty, as well as Mongolia, Nuergandus, Western Regions, etc. are not yet under the jurisdiction of the court.

The second level is Mekong Province. Although the emperor has regarded it as the territory of the Ming Dynasty, it is different from the mainland provinces.

Level 3 is overseas territory, including Borneo, Luzon, and the newly recovered Burmese territory.

The emperor's attitude towards level one and level two is firm, and he must firmly grasp control or recover.

Level 3 depends on the specific situation. If it develops well and has strong control strength, it is not impossible to upgrade to level 2 or level 1.

For example, in Luzon, it is unlikely that the emperor would invest heavily in resources in the early stages, but instead use policies to make up for it.

In the future, whether to immigrate forever like Mekong Province, or just want to have a base or give up, it depends on what value Luzon can provide and how far it has developed.

After understanding this, Li Dan's competition report found the focus and was nodded and recognized by the emperor.

Li Dan breathed a sigh of relief and wanted to go back and prepare secretly. When he went to Luzon to be the governor of Luzon, he had to have someone he could trust, right?

Furthermore, what else is the navy lacking? Li Dan is preparing to donate generously. The plan to attack Luzon next year must not be delayed.

"Long live my greetings and congratulate me on the great victory of the Battle of Myanmar."

Regarding Li Dan's bowing and wishing victory, the emperor smiled and said warmly: "Don't give me a favor."

"Long live thanking." Li Dan kowtowed again and thanked him, then stood up and stood up, waiting for the emperor's last words.

The emperor waved at the palace servant, who held the box and handed it to Li Dan.

"This is the Governor's official uniform and seal, please keep it." The emperor said with a smile: "But remember to keep it confidential. If there is no accident, the conquest of Luzon will only take a few months later."

"I thank you for your kindness." Li Dan knelt down and kowtowed to express his gratitude, his excitement overwhelmed.

The emperor pondered for a moment and said, "Luzon and Borneo have great development potential, but major disasters require the court to respond to them with all their might, and it is impossible to invest too much. Whether they can be managed well depends on Li Qing's ability."

Li Dan hurriedly bowed and promised, "Long live and rest assured, I will do my best to govern Luzon like the counties and counties in the mainland of Ming Dynasty."

If Mekong Province had not been developed first, Luzon would have been closer than Borneo. If the navy had not been growing, Luzon would have been the target of the emperor's conquest.

Even so, after quelling Liao and quelling the rebellion, the Ming Empire embarked on the road of expansion. Even if the disaster came, it did not change the emperor's plan.

The purpose of replenishing the outside and filling the inside has been determined and cannot be changed. Purchasing grain overseas is naturally more expensive than growing grain by yourself.

The development and construction of Mekong Province is an example of success. Now there is a new Myanmar land occupied, and the Awa Granary will provide assistance to overcome major disasters.

Dongfan, Hainan, and even Borneo and Luzon are also areas less affected by major disasters and will continue to provide food for the Ming Empire.

This is just a short-term goal. In the emperor's grand plan, Dongfan, Luzon, Borneo, and finally Malacca will form the outer circle of the Ming Empire in the South China Sea.

It was not until that time that the South China Sea truly became the swimming pool of the Ming Empire.

With the population of the Ming Empire, 10 or 20 million were divided into 10 million, which was enough to firmly control these places and become the real territory of the Ming Dynasty.

Obviously, the emperor put forward a real difficulty, that is, a major disaster in the country. Li Dan also made a guarantee, and it suited the emperor's thoughts.

If it doesn't work for the time being, it doesn't mean it won't work in the future. The disaster will only last for more than ten years at most. By the time of dealing with it, the Ming Empire will break free from the final constraints.

By that time, millions of well-equipped troops and thousands of navies of scale would probably not be able to withstand even if they look at the world.

What's more, Li Dan was a good person. The emperor didn't want the money he donated, so he took out 500,000 yuan for charity and gave it to Shaoyingyuan.

"Although you are the governor of Luzon, in Borneo—" the emperor thought for a while and said, "If you invest, you will be invested, and the court will not let you suffer."

"Long live, how dare I abolish my private affairs for business?" Li Dan hurriedly said: "The court will send people to take over the business in Borneo."

The emperor was worried that Li Dan would concentrate on managing Luzon and moved his business in Borneo. Seeing that Li Dan made a promise, he felt relieved.

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Chapter completed!