At this time, not only Yan Ze'an, but many people were staring at Li Xian.
Although the administration is in the hands of the Prime Minister, the soul of the Shang State lies in the wise king.
When everyone looked over, Li Xian smiled slightly and said, "I think the wealth for building the special zone can be invested by private individuals; the state only needs to provide basic guidance and policies."
"Let the private sector invest?" Yan Ze'an frowned. "Xian Wang, private capitalists are very smart nowadays. It's not easy to get them to invest."
"No, no, no..." Li Xian shook his head and smiled confidently, "If it were in other countries, it would be very difficult; but in Shangguo, it is actually very simple. The so-called difficulty is only because we have not found the right method. And this method is also very simple, that is... Deepen the stock system and popularize the financial system. We can divide the special zone into stocks and sell them to the whole people. In the past, our stock transactions were mostly expensive, mainly participated by nobles, rich people, and masters; now we want to continue to split the stocks so that ordinary people can also participate in stock transactions. As far as I know, 90% of people in our country do not deposit their wealth in banks, but under their beds. And the domestic participation in stock and bond transactions accounts for less than 1% of the market capital. This shows that the power of the people is very large, and we also have a huge market."
"But it's not easy to get people to invest this money!" He Lin said, "Up to now, bank deposits are almost all from businessmen and migrant workers; ordinary people rarely deposit money."
Li Xian was thoughtful. Now Shangguo adopted a constant value monetary policy, which led to a problem. Because the currency was constant, there was no interest on savings; depositors even had to bear certain deposit and withdrawal fees, etc.
As such, naturally no ordinary person would be willing to deposit money in a bank; most of those who deposit money now are traveling merchants or people who move around.
However, with the opening of the teleportation array, the bank's performance will inevitably be affected a little; but it is foreseeable that as the teleportation array becomes more popular, banks will inevitably be hit more seriously.
Li Xian thought for a moment and said, "In the next step of development, banks will be the core, the hub connecting the capital market, individuals, and the country, and a hub for wealth. So, He Lin, you can try to increase the interest. That is, deposits have interest; this interest is deducted from the loan profit. If a large number of deposits and loans can be attracted, the bank's performance will be greatly improved. In order to encourage loans, the loan interest rate will also need to be appropriately reduced. The bank should also temporarily learn from the idea of small profits but quick turnover. When we first founded the bank, we formulated a three-step plan; now, it is time to start the third step of the development plan."
He Lin was a little distressed: "Xian Wang, the current bank loan interest rate is already very low. If I continue to pay deposit interest, I'm afraid I won't be able to make ends meet. Banks have to invest a lot of security forces every year, and these investments are not small numbers."
The banker is crying poor? Li Xian suddenly had a strange thought. But Li Xian also knew that He Lin was not crying poor, but really was like that. This is a world of cultivation, with many masters and many methods. For the sake of safety, the bank had to invest a lot of resources.