Chu State Pengcheng. The new capital of Chu State. However, compared with other Central Plains cities, especially cities like Xinzheng and Handan, Pengcheng looks a bit shabby. After all, they are cities in the traditional sense. In recent years, they have not developed or improved urban construction. Pengcheng looks more like a rural town than a metropolis. This made Ning Chu feel very dissatisfied.

After South Korea’s Xinzheng side put forward a new Jimo plan to build a million urban population, Chu also introduced a million-population Pengcheng plan. However, the document was held in Fan Zeng's hands and was not sent out. The reason is lack of money.

"Except for Xiangjia’s establishment of the First Naval Fleet. In the middle and lower reaches of the long line, the Second Naval Fleet was established. In the eastern coastal area of ​​Xuzhou, the Third Naval Fleet was even required to be established. Although their composition is mainly pirates, Wang They have been given a designation and organization, that is, they can become the army of our navy organization, but in this way, the military expenditure will be very high, plus the urban infrastructure and various subsequent development costs. .Financial funds are extremely tight." Chen Ping said worriedly.

"The 500,000 gold provided by the Qin government is simply pediatrics in the face of huge numbers." Chen Ping said to Fan Zeng.

"How much does it cost?" Fan Zeng asked directly.

"At least 7.5 million gold is required to maintain the current situation, and the subsequent costs may be more. It is more scary." Chen Ping said. This part of the expenditure is mainly military expenditure. The Chu army has an extremely large army scale, with one million troops. Although the water is very large, the expenditure of this one million army is unavoidable. In addition, there are also new establishments. Although the initial scale of the Navy’s three major naval fleets is less than 100,000 people, the scale of its expenses is almost equal to that of the army. The cost of a large number of warships far exceeds the cost of the Army's purchase of weapons. The size of the army is too large, and defense expenditures exceed the overall budget. This prevented the newly established Chu government from raising funds to expand in other areas. And this part of the cost will affect Chu's policy for a long time. The king of Chu meant that he did not want to reduce more troops, and the tax revenue was at the lowest level in the country's history, which completely left Fan Zeng with no choice. Military expenditure exceeds the entire fiscal budget. Such a government can hardly make a big change even if it does nothing.

"In terms of taxation, the nobles actively paid taxes, but the total amount of this part of the funds is only 2.2 million yuan. In addition, these funds will be left to the local state government for construction. This part of the funds is calculated. Only one million gold in hand, this is all our income." Chen Ping said.

"In addition, we still need bond interest every year. About half a million gold, this." Chen Ping said embarrassingly.

"Basically, we are still insolvent." Fan Zeng said.

"Yes. Mr. Prime Minister. If we continue like this, it will be difficult for the government to maintain. We must come up with a solution that can completely solve all problems. Otherwise, if this continues, the consequences will be very serious." Zhang Mao said on the side. To. His new Minister of Finance, he is from South Korea and studied in Qin State, where he studied asset management. Because of his professional opponents, Fan Zeng was hired as the cabinet finance minister.

"Do you have any solution?" Fan Zeng asked.

"In addition, there is one more thing. Qin has sent a telegram, let us consider what our advantages are? I think that Qin may be involved in the next Xianyang Economic Summit. After all, there can be a large number of Only Qin State Bank has the funds. Think of a way." Fan Zeng said.

"My idea is to revitalize our assets. We have a lot of assets in our hands that cannot be disguised. They are fixed and non-liquid. If we can use these assets as equity to establish banks or enterprises, I think, as long as there are With the injection of working capital, they can be disguised." Zhang Mao said.

"In addition, they are now actively entering the market. I think this can be done in this way." Zhang Mao said.

"Yeah." Chen Ping nodded, feeling very reasonable.

"Tell me about the specific ideas. For example, wait a minute." Fan Zeng waved his hand.

"What I mean is that, for example, the state government can set up a bank of the state government. On the one hand, it solves the problem of capital introduction, and on the other hand, it has to introduce capital to revitalize the fixed assets in their hands. In addition, there are enterprises, various For such trading companies, we need to open up a large number of overseas colonies, sell our goods and dump them to other countries, so that a large amount of wealth can be concentrated in our hands. This will not only increase taxes. On the other hand, It can also make them rich." Zhang Mao said.

"However, the most important point, I analyzed it. I believe that the biggest non-performing assets appear in the army, that is to say, the army is a department or organization that only consumes a lot of money without generating value." Zhang Mao thought about it and analyzed it.

"Hehe, we can't disband the army either. If you do this, Chu will have no national defense." Fan Zeng said with a helpless smile.

"No, no. Mr. Prime Minister, I don't mean this, but my idea is like this." Zhang Mao said.

"Treat the army as a bad asset, or let our army become a mercenary army, let them break it down, and use a part of it for protection trade, or use the cooperation of the state, the state and individual trading companies The way of cooperation is to obtain benefits for trading companies on the one hand, and on the other hand we can allow trading companies to use a settlement method to support the army. In this case, our government does not need to do this. After all, military expenditures are really too large. For the entire new government, it is one of the biggest non-performing assets. We must deal with it, otherwise, our 100 profitable projects will make 99% profit, but because of one, it will cause huge losses." Zhang Mao said .

Fan Zeng and Chen Ping looked at each other. Zhang Mao looked puzzled at the relationship between the two people, or Zhang Mao himself was a Korean, and he looked at the problem from the perspective of asset management, which allowed him to see the key to the whole problem from the perspective of an outsider. And this key happened to be in the key positions of Fan Zeng and Chen Ping. The army was Chu's biggest non-performing asset. This bad asset caused a huge loss, and Chu country must solve this problem, otherwise, he would really be dragged down to death. This is a situation that Chu State does not want to see.