An accident caused Li Xin to transmigrate to another world, becoming the third prince of the Great Gan Dynasty.
Looking at his fiefdom, which was covered in thousands of miles of ice and snow...
After the auction of shops at the train station ended, the festive atmosphere in Beijing grew stronger.
The 23rd day of the twelfth lunar month is the Little New Year!
The capital city is now even more bustling.
The crowds on the streets and alleys of Beijing are even greater than last year.
Last year, Li Xin's troops had just entered the capital. The capital was recovered, and commerce resumed, so things were quite lively.
However, it's still much worse than this year.
The biggest difference this year is that all areas in the Jiangnan and Southwest regions have been recovered.
The entire Great Gan Kingdom came under Li Xin's rule.
The Great Gan Kingdom was peaceful and prosperous, and the people lived in peace and contentment. Even the capital city was bustling with activity.
Especially after the pacification of the Daqian Kingdom, Li Xin issued an edict—exempting all farmers nationwide from land taxes for five years and from all poll taxes!
These two policies alone have brought great benefits to the general public!
Not to mention, the vigorous campaigns to crack down on local bullies and redistribute land in various provinces, prefectures, and counties have greatly benefited the vast number of people who have lost their land.
With spare money, people were naturally willing to spend it on goods.
Meanwhile, new industrial products from Dagan Nation are also widely distributed in various provinces, prefectures, and counties.
The harvest from farming is tax-free.
The amount of money I save each year has also increased significantly.
In addition, the new workshops, construction teams, and engineering teams established by the imperial court in various provinces and prefectures recruited workers on a large scale, allowing idle people to earn money.
With more money, trade naturally flourishes!
The Qingyu Trading Company, which is distributed across the provinces, prefectures and counties of the Great Gan Kingdom, is also very profitable!
The capital city, the Wuying Hall.
The slightly plump Hu Xueyong sat respectfully in the room, watching Li Xin sitting on the imperial couch in front of him processing documents, and remained silent.
After a short while, Li Xin raised his head and said, "Xueyong, please sit down for a while. I'll finish approving this document."
"Your Majesty, there is no rush."
Hu Xueyong cautiously replied, "This subordinate will wait here."
"good!"
Li Xin nodded, then flipped through the document in his hand.
Before long, the document had been reviewed and approved.
After handing the document to his staff officer not far away, Li Xin asked, "Today is the 26th of the twelfth lunar month. It's almost the end of the year. Have all the generals arrived?"
"His Majesty,"
The staff officer inside the hall replied, "All the commanders and deputy commanders of the various armies have returned to the capital and are currently residing there, awaiting an audience."
"good!"
Li Xin nodded, thought for a moment, and said, "Alright, on the 28th of the twelfth lunar month, which is the day after tomorrow, we will summon all generals, including staff officers, to hold the annual military conference. Send the notice out, everyone must attend!"
"yes!"
The staff officer immediately responded, then took the documents Li Xin handed him and turned to leave.
After the staff officer left, only Li Xin, Hu Xueyong, and others remained in the room.
Looking at Hu Xueyong, Li Xin smiled and said, "The Da Gan Kingdom has been pacified and is about to enter a new phase. The various armies also need to be reorganized, so there are too many things to do."
After casually remarking, Li Xin asked, "You've changed quite a bit since returning to the capital this time! You've also gained weight recently!"
"Thanks to His Majesty's great fortune,"
Hu Xueyong quickly clasped his hands in greeting and replied, "I have indeed gained some weight recently."
"Gaining weight is good; it proves we haven't treated people unfairly, right?"
Li Xin joked, "I've taken a quick look at Qingyu Trading Company's accounts this year, and they're much better than expected compared to last year!"
"Yes, Your Majesty!"
Hu Xueyong nodded and said, "This year, all the provinces of the Great Gan Kingdom have been pacified, and trading companies have spread to the provincial capitals, and even some county towns have opened Qingyu Trading Companies."
"In addition, Qingyu Trading Company has also expanded to Southeast Asia and Western countries. The scope of business and the number of stores have increased significantly!"
"In addition, the variety of goods offered by Qingyu Trading Company has increased significantly! In particular, the cotton cloth produced by the machine weaving workshop is extremely popular and the profits are very high!"
"For these reasons, this year's profit has increased significantly compared to last year, reaching 18.34 million guan, while accounts receivable are still 9.37 million guan."
Hearing Hu Xueyong's words, Li Xin's eyes widened, and he said in surprise, "It seems to have more than doubled!"
"Yes, Your Majesty!"
Hu Xueyong nodded and said, "It's more than doubled compared to last year, and accounts receivable have also tripled. The profits are very substantial!"
"Profits are expected to be even higher next year!"
"Okay, okay!"
After saying "good" three times in a row, Li Xin nodded in satisfaction.
Qingyu Trading Company is a large and powerful enterprise that basically holds a monopoly.
In particular, most of the newly invented items were sold throughout the Daqian Kingdom by Qingyu Trading Company, which generated substantial profits.
Such substantial profits also provided ample funds for the Daqian Kingdom's imperial court.
After Li Xin issued an edict to abolish the poll tax and five years of agricultural tax, the fiscal revenue of the Da Gan Kingdom basically relied on only a few items such as commercial tax and salt tax.
Despite this period of commercial prosperity and increasing commercial taxes in the Great Gan Kingdom.
However, the expenses are enormous, especially the establishment of industrial and mining enterprises in various places and the construction of railways. There are many expenditure items and a great demand for money.
Therefore, this income is far from enough.
The profits from Qingyu Trading Company can make up for some of the losses!
More than 18 million strings of cash!
Such high profits are truly remarkable!
After thinking for a moment, Li Xin said, "Xueyong, this year we will hand over 13 million strings of cash in profits, and the rest will be kept in Qingyu Trading Company for the purpose of expanding operations next year."
"Yes, Your Majesty!"
Hu Xueyong nodded and said, "Next year, the shops at the train station will also begin renovations and be put into operation. In addition, the real estate project in cooperation with the construction team will also officially begin sales next year."
"We expect profits to be even higher next year!"
"good!"
Li Xin nodded in satisfaction.
The high profits that Qingyu Trading Company pays in can indirectly reduce the burden on ordinary people, since it means less tax is collected.
If we can make Qingyu Trading Company's profits reach 20 to 30 million guan within five years, that would be excellent!
At that time, we will obtain 20 million strings of cash from Qingyu Trading Company every year, and also obtain some money from other commercial taxes, salt taxes and other taxes.
That's about all the fiscal revenue that the country can afford!
In addition to these, the trading companies controlled by the Da Gan Kingdom's imperial court included Qingyu Trading Company, Sunji Trading Company, as well as various bureaus, mines, steel mills, and railway bureaus.
These industrial and mining bureaus, equipped with cutting-edge technology, are also able to generate substantial profits every year!
All these funds combined will amount to nearly 50 million strings of cash annually!
Although the expenses were high and there was still a shortfall in funds, Li Xin still had a powerful weapon in his possession.
That is the money bureau!