1214 TWO Chapter 1214-Monster Research Institute (1/2)

Chapter 1214 – Monster Research Institute

Making use of the resting period, Ouyang Shuo remained in the Capital City and adjusted the Imperial Court Structure based on the development needs of the dynasty. Building the Great Xia Bank was just the first step in this organizational adjustment.

10th month, 10th day, the Great Xia Traffic Department and Asset Management Department were established.

These two organizations were not listed under any of the four courts and had a similar status to the Industrialization Department. It was managed directly by the Cabinet. Such an arrangement was due to both strategic needs and the need to balance the powers of the four courts.

The four courts held enormous power within the Imperial Court. Once their power swells too much, they would go against the Cabinet to suppress it. If the problem was more serious, it might even lead to administrative orders not running smoothly.

It was due to such considerations that these two departments were not under the four courts.

The Traffic Department had the Road and Bridge Division, Water Transport Division, Ocean Transport Division, and Railroad Division to manage all traffic related facilities of the dynasty. They were in charge of organizing, regulating, and pushing out plans regarding land and ocean transport. They were responsible for joining up the transport systems to promote connections between the various modes of transports.

The most eye catching one was the Railroad Division.

Along with the dynasty industrialization proceeding swiftly, the construction of railroads was officially shifted up the schedule. The preliminary plan was to build the Fengshan line that started up north in Fallen Phoenix City and ended in Shanhai City.

The Fengshan line would go through Hedong, Zhongyuan, Jingchu, Xiangnan, and Chuannan, these five provinces, opening up the north south transport channel of the dynasty. It would strengthen the dynasty's control of the provinces.

Although Jingchu Province was still under Great Song rule, to build such a railroad that stretched from north to south was a huge project to the current Great Xia. It was similar to the Great Wall of China.

The Imperial Court planned for this line to be completed in three years.

It was because of this Fengshan line railroad plan that the Imperial Court decided to independently set up the Railroad Division.

The Asset Management Department, like its name, was in charge of managing the enterprises that the dynasty had set up. This role was previously taken by the Industry and Development Planning Department under the Financial Court.

To pull it out was not to weaken the power of the Financial Court. Rather, as the scale of the corporations and groups grew, they needed a professional organization to manage it.

Shu Mountain Steel Corporation, China Garment Group, China Construction Group, Canglong Military Works Group, Shanying Brand Bicycle Factory, and other enterprises would be under the management of this group.

Only the China Shipping Group was listed under the Traffic Department.

Using this chance, the Imperial Court also made changes to the chambers of commerce, leading them to undergo a company system revolution to set up industry standards and audit the running of the businesses.

This job would be managed by the Business Department under the Financial Court.

Great Xia's commerce and business environment was really prosperous, and it was relatively free and developed. Based on the calculations by the Business Department, there were no less than five thousand different sized chambers of commerce in Great Xia.

Amongst which, the giants amongst the chambers of commerce like the Bai Family Trading Company, Cui Chamber of Commerce, Song Chamber of Commerce, and Thread Chamber of Commerce had their businesses encapsulating many different industries.

As long as the Imperial Court allowed them to enter that industry, these super chambers of commerce would enter it.

The chambers of commerce had slowly become the giants hiding beneath the surface; this was a huge risk to the dynasty because they could surface at any moment and affect the running of the Imperial Court.

Ouyang Shuo had to be wary about it.

Along with industrialization intensifying, the power of capital would only become stronger and stronger and become more and more unrestrained.

What Ouyang Shuo could do, or rather, what Great Xia Imperial Court could do, was not to use violence to control it because that would only hurt the commerce environment that they had set up arduously. Such a course of action would only injure both sides.

The true way to solve the root of the problem was to restrain this beast before it revealed itself from the water. They would use policies to lead them and achieve a win-win situation.

Changing the running system of companies was the first weapon that the Imperial Court released.

They would use this change in system to establish the industry and commerce registration system to make the businesses of the chambers of commerce more transparent and easier to monitor.

By establishing the company qualification auditing system, they could remove substandard products and increase the threshold to enter the industries. It was also helpful for monitoring the chambers of commerce because they would not be able to just swarm at all areas that could make money.