After receiving the notice from France, Russia also realized that the patience of its allies had reached its limit. However, without France's assistance, Russia now has no ability to launch a new war. Although some people have also proposed to simply terminate the Russian-French alliance and return to the framework of the Three Emperors Alliance, with the conditions for Germany to provide economic assistance to Russia, so that they can completely get rid of France's interference, so as not to always hinder Russia's expansion in the Far East.

However, this suggestion was soon opposed by most people. Although Germany does have this economic strength and can replace France to continue blood transfusions to prolong Russia's life, the premise is that Germany must have a seamless connection with France, because now Russia's economy is basically collapsed and it can only survive by French blood transfusions and cannot be cut off for a moment. French funds have completely penetrated into Russia's social economy. If there is no link in it, Russia will immediately be shocked. But if Russia wants to terminate the Russian-French alliance, will France have a friendly handover with Germany? This is to think of it with your thighs and you can also produce results.

Moreover, the termination of the Russian-French alliance can certainly get rid of France's interference in Russia's development in the Far East, but Germany is not a white lotus. Although Russia and Germany have no direct conflict of interest, there are sharp contradictions between Russia and the Austro-Hungarian Empire in the competition on the Balkans, and Germany is obviously everywhere in the Austro-Hungarian Empire, which is also the main reason why Russia withdrew from the Three Emperors' Alliance. Therefore, if Russia returns to the framework of the Three Emperors' Alliance, then its expansion in the Balkans will be blocked by Germany. For Russia, this is not worth the loss, and Russia's focus is still in the West.

In fact, most people in Russia understand that Russia has no capital to bargain with East China, and cede land is basically inevitable. Even Britain and France cannot avoid cede land for compensation from East China, let alone Russia. But it is really hard to overcome it in terms of face. If it were to a European country, even if it was a second-rate country like the Austro-Hungarian Empire and Italy, Russia might have given up long ago.

But now is a good opportunity to compromise. You can follow this ladder and push the responsibility of surrendering to France. It is not that Russia is unwilling to fight to the end, but that the allies are really not strong enough. Not only does it give in to the East China **, but that they also have to bring Russia to surrender together, and prohibit Russia from using France's aid for war. Therefore, Russia, in desperation, could only accept the conditions of the East China ** and conduct negotiations.

So Russia finally replied to Germany, expressing its willingness to accept the conditions proposed by East China **, agreeing to pay compensation to East China ** and transfer part of the land in order to restore peace between the two countries.

Seeing that Russia finally chose to surrender, William II was also very happy. Because he learned that Russia surrendered under France's coercion, William II even believed that the success of breaking up the Russian-French alliance was imminent. As soon as the negotiations between Russia and East China ended, he could start to break up the Russian-French alliance and bring Russia back to the Three Emperors Alliance.

The East China ** and Russia took Germany as their intermediary and conducted several rounds of negotiations and finally decided to set the location of the negotiations in Harbin. The Russian negotiator was Werte; and the East China ** negotiator was Qin Zheng.

However, although the two sides determined the location of the negotiation and the candidates for negotiating representatives, it took about 2 weeks to get from St. Petersburg to Harbin. In addition, the preparation time of Russia is estimated to be 20-25 days, which is almost a month, and from Qingdao to Harbin for up to one week. Therefore, Qin Zheng did not return to the Northeast immediately, but remained in Qingdao and presided over the work of the Senate.

After the New Year, East China has entered its second ruling cycle. There are a series of major decisions, plans, plans, etc. regarding East China's development strategy, all of which need to be voted in the Senate. Only after the vote is passed can a bill be formed and implemented by the Executive Yuan.

As the Speaker of the Senate House, Qin Zheng must be in charge of the House of Representatives at this time and preside over the consultation, defense and voting of various proposals. Of course, Qin Zheng cannot control the voting of the veteran members, but the Speaker can guide the direction of the issue during consultation and defense, and increase or decrease the probability of passing the issue.

In fact, when Russia had not yet determined whether to negotiate with East China **, the Senate House had already begun to vote on various issues. The first issue was decided at the Executive Meeting before the New Year and officially established the country within this five-year cycle.

Of course, this issue is basically not controversial in the Senate House, and it was passed with more than 90% of the votes of approval. After all, for the vast majority of time travelers, they also hope to formally establish the country earlier, so that it would be legitimate. Moreover, after the victory of the Far East War in East China achieved great confidence, it also brought great confidence to the time travelers. Therefore, the remarks of overthrowing the Qing court and formally founded the country also had a huge market among the time travelers, and the decision of the Executive Council also conformed to public opinion.

After this successful pass, the next step is the development goal in this five-year cycle. In this era, there is no concept of GDP, and the statistical standards for GDP in various countries are also different. Therefore, East China has temporarily targeted the fiscal revenue of **.

After the establishment of East China **, fiscal revenue has always been good, reaching a highest of 120 million silver dollars in 1904. In 1905, in the past two years, fiscal revenue has declined due to participating in the Far East War, but it has remained above 100 million, because the war also promoted the growth of the military industry and military-related industries, which has not dropped significantly.

Moreover, this is only a count of the fiscal revenue of Shandong, Tianjin and Shanghai New Districts, and does not count Henan and Northeast China. If the fiscal revenue of Henan Province is also added, the fiscal revenue of East China in 1906 would reach about 140 million silver dollars, or about 100 million silver dollars, while the Qing court's income in this year was less than 120 million silver.

In the old time and space, after the Gengzi Reform, the Qing court reformed the finance and taxation, and its income increased year by year. By 1906, the fiscal revenue had reached nearly 200 million silver. However, because East China occupied Shandong, Henan, Shanghai and other places in this era, the Qing court's income also shrunk significantly.

However, the fiscal revenue in 1906 cannot be considered the normal value of East China, because the current regions of East China include Shandong, Henan, Northeast, Borneo, Shanghai and other places. According to the preliminary estimate of the Finance Committee, the normal annual fiscal revenue of East China should be between 250 million and 300 million silver dollars. Therefore, the Executive Yuan finally decided to take the fiscal revenue in 1907 as the base, at the end of the second five-year cycle, the fiscal revenue should double on this basis. This means that the annual increase in fiscal revenue is about 20%. Without increasing the tax rate, this goal can only be achieved by increasing investment.

In fact, after the end of the Taiwan Strait War, East China had already ensured victory in the Far East War. The Executive Yuan began to consider large-scale projects to be invested and constructed in the next five-year plan. Moreover, with the end of negotiations between East China and Britain, France, Japan and the Netherlands, it received huge compensation and sufficient construction funds. Therefore, at the end of 1906, it was finally determined that 141 large-scale projects would be launched within the second five-year plan, including 86 large-scale industrial projects, 32 infrastructure projects, 15 public projects, and 8 other projects. The specific distribution is 58 in Shandong, 37 in Northeast China, 23 in Henan, 12 in Borneo, 7 in Shanghai, and 4 in Tianjin. This is what was later called the "141 Project" that laid the foundation of China's industrial foundation.

Moreover, considering that East China and Russia have not negotiated, and it is basically certain that East China will receive another huge amount of compensation from Russia, the Executive Yuan decided that wherever conditions are, local financing can be combined with bank loans, and five types of factories such as cement plants, thermal power plants, steel plants, machinery plants, and water plants can be given priority. These five types of factories can basically cover the basic products most needed in the early stages of industrialization. Although these projects are included in the first five and second five projects, the construction cycle of large-scale projects is long and the production capacity is limited in the early stages of completion and production, but the products face the comprehensive area of ​​East China, so there are actually not many places where they are spread.

In places where conditions permit, if bank loans are established, bank loans can reach up to half of the construction cost. At the same time, Qingdao can also provide technical guidance, contact foreign suppliers and other services, striving to solve the regional demand for these most basic industrial products in a short period of time.

In the early days of the founding of the People's Republic of China in the old time and space, almost as long as it was a large city, five factories were built, including cement plants, thermal power plants, steel plants, machinery plants, and chemical plants. Although from the experience summarized later, the scale of these factories was not large, the technical level was not high, and the overlapping construction of a large number of similar factories caused a large waste of resources. At the same time, the products derived from these factories were very poor and the sales range was not wide, and most of them could only ensure the use of the region.

Only a few can spread to the surrounding areas, so the operating income of these factories is limited. Some factories can survive even with state subsidies for a long time. Not only has they become a burden to the country, but they also lack funds for upgrading and replacement. Moreover, due to backward production processes, a large amount of environmental pollution has been caused, forming a vicious cycle. Therefore, after China implemented reform and opening up, except for a very small number of them, they completed their upgrades on their own, or survived through capital injections, mergers, etc., the vast majority of them could only go bankrupt or be shut down.
Chapter completed!