Chapter 274 Fukang dominates the world

On the night of the re-establishment of the Hu family compound, Hu Chuyuan took out the Zhejiang agricultural report compiled by Liang Qichao and read it carefully.

Zhejiang's agricultural development began in the period of Mei Qizhao. After the vigorous promotion of the three governors of Fujian and Zhejiang, in the course of 27 years of development, the development of Zhejiang agriculture is far ahead of China at the overall level.

In addition to the largest CITIC Society, Zhejiang also has hundreds of joint cooperatives such as Zhejiang Agricultural Cooperatives and Zhejiang Grain Cooperatives, covering more than 93% of farmers in Zhejiang.

Silk, tea, porcelain, worsting and silk are the traditional dominant industries in Zhejiang. With the production of sodium benzoate, the emerging food industry is blossoming and bearing fruit on a large scale in Zhejiang. Fish, chickens, poultry, plums, biscuits, beverages, ham pickles and other special foods are expanding, thus promoting Zhejiang's agriculture. Step by step.

Farmers in Zhejiang, especially in Hangzhou and Jin Qu, have jointly owned small and medium-sized food processing enterprises. On the one hand, they have solved the problem of fund-raising of enterprises, and on the other hand, they have also increased the long-term income of farmers.

Generally speaking, the fit between light industry and agricultural economic development in Zhejiang is very good. There are many small enterprises and small factories. Farmers are generally relatively rich, and the boundary between rich farmers and capital investors is constantly blurred.

There are several data worth paying attention to.

The average annual income of Zhejiang's agricultural population is 573.5 yuan, which is about 47% higher than the national average. The total annual consumption of residents in Zhejiang Province accounts for 11.2% of the total national market, ranking first in the country.

After reading the report, Hu Chuyuan thought silently in his heart.

Among the six provinces in the south of the Yangtze River, Zhejiang does not have a large-scale heavy industry system. At this point, Zhejiang is not as good as Fujian, Shanghai, Anhui, and Jiangsu and Jiangxi.

Zhejiang's early strength was because of raw silk and tea, which could constantly absorb a large amount of silver. The prosperity of capital is laying a good foundation for today's new development.

The current population of Zhejiang Province is 22.7 million, with a literacy rate of about 55%. 34% of the population has received more than six years of basic education, 13% of the population has graduated from junior and senior high school, and about 357,000 people have received university and higher vocational education.

Liang Qichao mentioned a very special data in the report. The total number of students in the Agricultural College of Zhejiang University is 1,742, and the proportion of faculty, staff and students is 1/22. This data is far ahead of public and private universities across the country.

In Zhejiang, the proportion of agricultural secondary school students and high school students is also very high, and the support of local education funds for agricultural schools in Zhejiang Province is also the highest in the country.

It should be said that the role of education in Zhejiang's economy, especially in Zhejiang's agricultural economy, is very critical.

Data can explain many problems.

If every province in China can attach importance to the agricultural economy and actively develop the agricultural economy like Zhejiang, then China's overall prosperity is just around the corner.

Looking at this report, Hu Chuyuan also had another kind of thinking in his heart.

When Chinese people talk about problems, the key is always the system. First of all, there is a problem with the system, so there is a problem.

He doesn't think so. He believes that the system is never the key to the problem. The key is knowledge and education.

If the emperor is a Han, not a Manchu, whether it is a constitutional or a republic, it will not have a great impact on the whole of China. In fact, there is no essential difference.

Whether it is social righteousness or chaebolism, in fact, there is no essential difference.

The key is universal education for all.

If there is no foundation of education for all people to talk about the prosperity of the people, it can only be to divide the land with local tyrants.

After reading the whole report, Hu Chuyuan actually came to a conclusion... If you want to achieve real national prosperity, it is at least a difficult project for decades and hundreds of years, and this is the ruling goal of the Grand Duke Party.

That night, Hu Chuyuan wrote an article called "To the Duke's colleagues". Starting from Liang Qichao's research report, he used more than 3,000 words to bring up the direction of the whole Dagong Party's efforts in the next hundred years.

At the end of the article, he said that children and grandchildren are the most precious wealth and hope of human beings. Everything we do now is for them, so we don't care about temporary gains and losses. We should look further, think farther, and think more and think about them.

This is what Hu Chuyuan felt.

In the same social status, he realized more and more clearly that the idea of seizing the day is too rude and impatient, because the Chinese look at the problem and think that the unit of measurement of the problem is ten years or a hundred years, which is not available to other ethnic groups. This is the greatest national advantage of the Chinese people.

To put it more bluntly, China still needs to expand, and it is worth paying a greater price even for Hu Chuyuan's generation.

The next morning, Hu Chuyuan called Liang Qichao to his study, gave him the Letter to the Grand Duke, and asked him to take it back and review it again.

For thesis writing, Hu Chuyuan's level is still very average, which is not comparable to Liang Qichao's literary talent.

This article shocked Liang Qichao's spirit. He deliberated and revised it several times. He waited for two days to submit the final manuscript to Hu Chuyuan for review and published it through the party newspaper Dagong Pao and many other national newspapers.

In Zhejiang, Hu Chuyuan stayed for more than half a month and went deep into Lin'an, Jin Qu and other places for inspection and investigation. Relying on Zhejiang's experience, he also summarized some new ideas for national agricultural development.

In general, the number of joint-operated cooperatives still needs to be increased, and we can't rely on CITIC alone.

Nationwide, more support policies should be given to joint venture cooperatives, especially in terms of loans, and larger joint venture cooperatives can be granted approval to the banking business.

Hu Chuyuan did not have a real surname. He just drafted his opinion into an official letter and forwarded it to Qu Hongji. What to do is the matter of the current cabinet.

He doesn't care.

In this inspection, he is also planning for the subsequent integration of Fukang Company.

In fact, he has wanted to merge CITIC Bank and CITIC into a company, that is, the new CITIC Group. CITIC Group takes CITIC Bank, CITIC Insurance, CITIC Investment Bank, China Rural Credit Cooperatives (CITIC), CITIC Securities, CITIC Fund and other financial industry companies as the main body, and also involves Hong Kong. Investment in fixed assets such as operations, real estate and hotels.

Among them, CITIC Bank is an international bank with a comprehensive surname, while CITIC is mainly for rural areas.

The parent company of CITIC is a subsidiary of CITIC Group, which is a holding listed company. It integrates financial services, agricultural investment, technical services, grain acquisition and processing and other industries. The provinces and counties of CITIC under CITIC are still a holding subsidiary, and all townships cooperate. The society belongs to the joint agricultural cooperative.

Among the township cooperatives, the holding ratio of CITICshe generally does not exceed 20%, and the main share holders are local farmers or small cooperatives of regional farmers.

In order to ensure the reading of commercial operations, CITIC does not directly invest in small and medium-sized grain processing enterprises in various places, but it controls COFCO, the largest grain processing enterprise in China.

In Hu Chuyuan's plan, CITIC also plays a very important role, that is, to analyze the situation of international and domestic grain production and supply, coordinate tens of thousands of domestic township cooperatives at any time, adjust domestic grain production, and avoid large fluctuations in domestic grain prices.

Through such integration, CITIC Group will become the soul center and financial pillar of Fukang's industry.

After inspecting the agricultural and economic situation in Zhejiang, Hu Chuyuan went to Fujian and returned to Shanghai in July.

At this time, Qu Hongji's cabinet has made new policy adjustments, slightly adding to Hu Chuyuan's proposal, and continuing to maintain and deepen the big agricultural economic policy proposed by Hu Chuyuan.

With this foundation, after returning to Shanghai, Hu Chuyuan began to merge CITIC Bank and CITIC to form a new CITIC Group.

After completing this step, coupled with the support of other family members, Hu Chuyuan finally began to carry out a comprehensive integration of Fukang Company. This integration is to let Fukang Company's companies go out of China and develop into the entire international market. The whole integration will naturally start from the international capital market.

First of all, Hu Chuyuan reorganized the American Wells Fargo Investment Bank Company into the American International Financial Group, which controls the American National Savings Bank, the Bank of New York, the National Bank of Mexico, the Bank of America Securities Company, the Inter-American United Insurance Company and other financial institutions, through which they control Procter & Gamble and Coca-Cola. The company, Lefu Food Company, commonly known as the American Consortium.

The American consortium is actually a consortium jointly owned by Hu Chuyuan, the Wu family, the Russell family and Fister Delano.

Fukang Consortium is a company jointly owned by the five brothers of the Hu family. Through the cooperation of Fukang Consortium and the Americas Consortium, the two consortium jointly dominate the three giant industrial, chemical and raw material groups of Wanqi Group, International General Group and Standard International Group.

Within the Fukang consortium, in addition to the core CITIC financial institutions and Wells Fargo across the pan-Pacific region, the consortium also owns two family companies, Fukang Bank and Fukang Insurance, as well as the departments of China Merchants Bank, Huishang Bank, Bank of Shanghai, Yangtze Bank, Nanyang Bank and Beiyang Bank. Shares.

In the domestic industrial field, Fukang Consortium retains the shares of six large industrial group companies, namely, Fuguo, Jiangnan, Hyundai, MCC, China Power Investment and China Steel Union, and three commercial companies: Poly Company, Jiangnan Commercial Bank and Zhongrun Group.

In the international capital market, Fukang Consortium is also the largest shareholder of Scient Consortium, and the Spanish Rio Tinto Mining Company is under its banner.

Through a series of integrations, the Fukang consortium has cashed out a large area in the whole domestic market and the Nanyang market, transferring the shares of small and medium-sized companies held in the early days, and withdrawing the capital to concentrate on its financial institutions, especially CITIC Group and Wells Fargo.

At this time, the Fukang consortium had reached 5.7 billion pounds in total assets, and Hu Chuyuan personally held huge assets in the American consortium and the BASF consortium.

Taking advantage of the huge capital leverage of the Fukang consortium, as a businessman, Hu Chuyuan began to dominate China's economic development more well.

Hu Chuyuan is very clear that if China wants to truly develop, the domestic market must expand, and the Nanyang market must also expand. Therefore, he adopts the strategy of CITIC Group and Wells Fargo.

On the one hand, he invested in industry through the expansion of six large industrial groups. On the other hand, he issued large loans to domestic and Nanyang construction through bank capital, especially for agricultural market and infrastructure construction.

According to his estimate, between 1905 and 1910, the total direct investment of the Fukang consortium in the pan-China region will reach 7.5 billion yuan, and the total amount of external loans will exceed 58 billion yuan.

(to be continued)