But they are ancient people, and it is impossible for them to truly understand and reach a consensus by forcibly instilling various concepts of the 21st century.

Moreover, the South China Sea issue is indeed a big issue hanging in Zhao Ning's mind.

It is too difficult for the administrative power to reach there. It is obviously unrealistic to use the Gyeonggi Road to govern.

This problem is actually exactly the same as the problem of the Western Regions in the future.

The hall fell into dead silence, and no one answered Cai Mao's words.

After a while, Cai Mao continued: "The smuggling of artillery is a simple crime of treason. You don't have to think about it too complicated. Leave the South China Sea to the businessman himself. The businessman knows how many giant trees the Hangzhou government needs, but the officials But don't know."

"Cai Xianggong still hasn't answered what should the merchants do after they assemble their armed forces in the South China Sea?"

"The imperial court controls the army in the South China Sea and launched the "Nanhai Law of the Great Song Dynasty" to contain merchants with laws and troops. As long as merchants cannot assemble large-scale armed forces, there will be no threat. As for what the merchants did in Mayi or Luoni , why does the imperial court care so much?"

Chapter 1308 Restructuring of State-owned Commercial Corporations and New Deal on Stock Trading (Second Update)

Zhao Ning couldn't help laughing, Cai Mao's conservatism was evident.

The reformists hope to hold the power and reform the past order from top to bottom.

But the idea of ​​the conservatives is to take the key core and then leave a lot of blank space for those people to play for themselves.

"What does the court need? What the court needs are resources from the South China Sea and commodities from the South China Sea. With these, the people's livelihood in Central China can be prospered. This is the purpose of the court!"

Qian Yuqing stood up and said, "Cai Xianggong, according to what you said, isn't there any government in Nanhai?"

"It is absolutely possible to entrust a royal family to the South China Sea, divest its military regime, and cooperate with the court to implement many livelihood policies in the South China Sea, such as the most important implementation of a new currency."

Qian Yuqing suddenly remembered that Cai Mao had recommended Kang Wang to investigate Quanzhou.

It seems that Cai Mao has a complete set of strategies.

What's even more frightening is that the national policy proposed by Cai Mao at this time is indeed very reasonable.

Qian Yuqing, who was born as a businessman, knew much more about the South China Sea than other ministers.

Zhao Ning said suddenly: "Qian Xianggong, haven't you dealt with many merchants in the South China Sea in the past? The Dasong Nanhai Trading Company is also run by you, let me tell you."

Qian Yuqing actually didn't want to speak for Cai Mao. Cai Mao seemed to rule by doing nothing, but in fact he was very selfish.

However, it was impossible for Qian Yuqing to talk nonsense, because he didn't know the official attitude towards Nanhai.

From the very beginning until now, the government has not expressed any position on the Quanzhou case or privately-made cannons.

Qian Yuqing said: "Reporting to Your Majesty, the sea area of ​​the South China Sea is extremely vast. In the past, there were many countries in the South China Sea, and many people lived there. There were countless giant trees, medicinal materials that could never be transported, and countless fields. Just like Cai As Mr. Xiang said, it is impossible for the imperial government to strictly control merchants sailing in the South China Sea. Over the years, many people from all walks of life have gone to the South China Sea to settle down there. There may indeed be many people who have artillery at sea to prevent pirates. "

"So, do you agree with Cai Xianggong's statement?"

"The minister agrees."

Qian Yuqing continued to add: "The Great Song Nanhai Trading Company is directly controlled by the imperial court, but it cannot effectively develop the South China Sea."

This also means that the merchants have private armed forces in the South China Sea by default.

However, this kind of words cannot be said publicly. If the ministers say it publicly, wouldn't it be included in the scope of national policy considerations?

If this word reaches the ears of businessmen, it will surely make more people more unscrupulous.

"I also think what Qian Xianggong said makes sense!" Wang Zonglin jumped out again.

His words seemed to be justifying himself.

Ma Chongshan and others were supported by him in the local area at that time. Ma Chongshan cast the cannon privately, and Wang Zonglin was so scared that he couldn't sleep.

Now that Qian Yuqing said not to strengthen control over the South China Sea because of this incident, he was obviously telling other people not to pursue things like casting cannons without permission.

Zhao Ning stood up from the dragon chair and went down.

Usually at this time, the ministers all know that Zhao Guanjia has something very important to say.

Zhao Ning walked up to Zhao Chen and said, "The king of Liao said that officials and merchants should be separated. This is not advisable in China. The main contradiction in China is the daily needs of the people and the lack of supplies. The court must vigorously control important resources. develop people's livelihood."

"However, because of the Quanzhou case, it is also not advisable for the imperial court to seize power and suppress the voices of businessmen."

Zhao Ning will not comment on whether the road of state capitalism is feasible for the time being, but at least under the current technical level of the Song Dynasty, it is absolutely impossible.

Let the state control the operation of all commercial companies, the Song Dynasty could not do it.

In fact, Keynes made a modification of state capitalism, that is, Keynesianism.

The core of Keynesianism is to control the flow of money and policies to influence economic development, and the government transfers the management rights of commercial companies.

Of course, the Song Dynasty has its own national conditions.

Zhao Ning has already handed over commercial companies such as salt making and wine to the private sector, but important strategic materials have to be in the hands of the imperial court.

This is actually an optimization adjustment under Keynesianism.

But the South China Sea is obviously not suitable for this national policy.

"I have been thinking about some issues during this time, about the current restructuring of the state-owned commercial companies in the Song Dynasty."

Everyone's hearts moved, and doubts emerged again, why did they suddenly mention the restructuring of state-owned commercial companies?

Zhao Ning continued: "The commercial company system needs to make new adjustments, and each commercial company has a [-]% shareholding."

Having said that, Zhao Ning paused.

Qian Yuqing asked, "Your Majesty, what are shares?"

"Shares represent the ownership of the company." Zhao Ning continued.

He knew that this would be a brand new restructuring, and the appearance of shares would be a redistribution of wealth, and it would also be the beginning of the real rapid expansion of the Great Song Dynasty.

Fortunately, the percentage has been included in the new learning, and officials can understand it.

"Currently, the imperial court owns 100% of the shares of Dasong Nanhai Trading Co., and I decided to allocate 40% to officials and some merchants in Nanhai."

When Zhao Ning said this, some people were puzzled, but some people were shocked.

Those who were puzzled could not understand what Zhao Guanjia was saying, but those who were shocked obviously understood.

Dasong Nanhai Commercial Co., Ltd. has huge profits every year. Just now, the official said that the shares are the ownership of the trading company. This means that taking 40% is the transfer of 40% of the ownership.

Let more individuals participate in the ownership of Dasong Nanhai Trading Company.

This is to bind some officials with the interests of the Great Song Nanhai Trading Company, and the implementation of imperial policies on the South China Sea will obviously be faster in the future.

And some merchants in the South China Sea also participated, that is, to bind the interests of the Dasong Nanhai Trading Company with some merchants, so that those merchants will use the resources in their hands to develop more resources for the Dasong Nanhai Trading Company and win more report.

As for the other 60%, it belongs to the imperial court, and the income of the imperial court is used to build Zhongtu.

This is to maximize the binding of all parties.

Zhao Ning continued: "Not only that, but I also want to establish a Hangzhou stock exchange market in Hangzhou."

"What is the stock market?" Qian Yuqing asked again.

"Dasong Nanhai Trading Co., Ltd. issues its own share certificates in the Hangzhou stock market, and ordinary people can buy them at the issue price."

Having said that, everyone was shocked.

Of course, everyone understood.

Hype of financial products has a long history in Song Dynasty.

It is said that when Zhao Ji, Emperor Huizong of Song Dynasty, was still in power, the city of Tokyo hyped the degree.

At the beginning of the founding of the Song Dynasty, it had a strong commercial gene.

If the previous 40% of the shares were tied to people with social resources and influence from all parties to come in and make the cake bigger, then the stock trading market allows ordinary people to enjoy the direct benefits brought about by the bigger cake.

Of course, the most direct reason for Zhao Ning to do this is to completely stimulate Da Song's desire for expansion.

Chapter 1309 The Prologue of the Expansion Era (Third Change)

The first stock trading center in history was in Amsterdam in the Netherlands.

It is a new system at the financial level.

Before the industrial revolution started, this system helped the Dutch become the upstarts of the sea, replacing the old empires such as Spain and Portugal.

Zhao Ning glanced around, and everyone's eyes showed anticipation.

Wang Zonglian was the first to stand up, and he said: "Your Majesty, I feel that the Dasong Donghai Trading Company should be established immediately! Oh, and the Dasong Western Regions Trading Company!"

"allow!"

Under everyone's shocked eyes, Zhao Ning walked back and said, "You, Qian Yuqing, will take the lead on the restructuring of state-owned commercial corporations and the new policy on the stock exchange market."

"Yes!" Qian Yuqing said quickly.

It is hard for him to express the shock that Zhao Guanjia brought to him today.

"In addition, I don't want to hear about the existence of the country of Sanfoqi in the future!" Zhao Ning turned and left the hall, "Also, you have to boldly encourage merchants to go south, afraid that some merchants have artillery! Doesn't my fleet have artillery? I have plenty of money to support the navy!"

In August of the 14th year of Jingkang, this controversial early court once again set off a storm.

This storm is different from past restructurings.

In the past, land reform and commercial reform were carried out on the traditional roads of the Song Dynasty.

This time, it is obviously a new step in the construction of the financial system based on a relatively mature business foundation.

The rationalization of the financial system will fully stimulate the potential of a country.

What would happen if bureaucrats, businessmen, and even army marshals started to want to expand abroad?

So the question is, why is Zhao Ning only now beginning to mature the shareholding and stock system?

Was it because there was no technology before?

The stock and stock system has no absolute relationship with technology.

The Dutch who invented this system did not have an industrial revolution, but they still used this system to start the nautical age when the Netherlands dominated the world.

Human beings have begun to think about finance since the time they used currency, but at that time, finance was very fragmented, and it did not become a specialized knowledge, nor did it establish a system.

The reason why Zhao Ning has only started the share and stock system now is because the framework of the internal business system of Song Dynasty is basically completed.

In the Celestial Dynasty system, Zhongtu must be the center.

Expansion is not to achieve personal hegemony, at least Zhao Ning has no desire to conquer the world for his personal dream.

The driving force behind his expansion comes from making up for the middle-earth economy.

Through the seizure of overseas resources, the Middle-earth economy can be quickly accumulated.

The premise is that China and Turkey must have a set of economic development models that have already taken shape.

Now that the imperial court dominates policies and currency flows, and controls core strategic resources, the rest is supplemented by private businessmen.

If this model is not explored and expanded blindly, the plundered resources will not only be unable to be rationally used by the people, but will be monopolized by big bureaucrats and big capital, and huge mountains will be erected in China.

A typical example is Spain in the Age of Discovery. The Spaniards became the first empire on which the sun never sets, but the resources and wealth they got back were all squandered by the nobles.

In August and September, for one and a half months, Qian Yuqing was organizing people to draft the draft of the "Share-stock System of the Great Song Nanhai Trading Company".

It was not until the end of September that Qian Yuqing submitted the application for the shareholding system of the Dasong Nanhai Trading Company.

Since this is a new policy that has never existed in the Song Dynasty, it has not been written into the "Dasong Commercial Society Law" for the time being. We can only try to legislate after the whole model is completed and there are no problems.

As for the fact that someone in the court is clamoring for legislation, that is pure nonsense.

When Qian Yuqing designed this shareholding system, he was still very cautious. At least this system had been discussed countless times in the Zhengshitang.

Every discussion made several ministers and ministers very excited.

Especially Wang Zonglian, he even patted the table and said: "I want to sell the soap to Dashiguo!"

Of course, the most important thing here is the threshold for participation.

Is it possible for all officials to participate?

Obviously impossible, just like not any official can go to court to discuss state affairs.

And each official can't hold more than 0.1% of the shares.

Even so, there are considerable dividends every year.

After Zhao Ning read the application submitted by Qian Yuqing, Zhao Ning couldn't help feeling Qian Yuqing's business talent.

He didn't mention the concept of a legal person, he just mentioned a general direction and concept of finance, and Qian Yuqing needed to perfect the specifics.

However, Qian Yuqing emphasized the legal person in it, which is obviously only known to those who have done business.

This kind of cooperation is the general direction of the emperor's national strategy, and the prime minister is responsible for concretization and institutionalization.

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