Fake Husband of the Glamorous CEO-Chapter 297: New Revenue Project

Gu Feng went to Beijing and attended the large year-end summary meeting of the internal group.

It was year-end, and therefore time for the statistical reports from the various departments.

Including over 220 Hall Master candidates, nearly 280 high-ranking members of the group participated in this meeting.

Accompanying him was his uncle Ye Xinglong, who was responsible for managing the finances of the Pangu department.

During the presentation of achievements, it was his turn to go on stage and give a brief on Pangu.

After the report concluded, the room burst into warm applause.

The Sect Leader, included, could hardly suppress a smile.

More than a hundred Hall Master candidates gradually started to stand up and applaud enthusiastically from the back rows.

There was no other reason; Pangu department’s revenue for the whole year reached 13 trillion RMB!

Do you understand what that means?

The financial report of Dragon Nation did not include Pangu’s income, accounting for a total national income of 22 trillion RMB this year.

That is to say, this year, thanks to the newly established Pangu department, 59% of the nation’s annual revenue was earned!

Originally, the treasury’s expenditures were 26 trillion this year, resulting in a deficit of 3 trillion.

Gu Feng not only covered this amount but also left the treasury with a surplus of 10 trillion RMB.

To put it simply, taking all the money-making state-owned monopolies in the country and adding them together, they might still not earn as much as the Pangu department.

So, who wouldn’t agree when this financial report came out?

It was a round of applause unanimously expected and given most enthusiastically.

And the reason everyone stood up was also out of respect for his current status as a Cultivation Expert!

"I’m a bit unused to it, our nation having so much surplus at the end of the year," the Sect Leader said with a smile.

The people in the room also laughed.

Subsequently, the Sect Leader looked at Gu Feng, "Gu Feng, you earned this money, how do you plan to spend it?"

Of course, the money in the treasury is meant to be spent each year.

Taken from the people, for the people.

The construction of each territory, each state and city, and each sector is actually funded by the treasury.

Especially as the world’s number one infrastructure construction fanatic, the expenses for transportation highways and railways are enormous, and the salary expenses for national physical personnel and all employed professionals alone are close to 7 trillion RMB!

Just like with your everyday spending, even with a plan, there will always be times when you go over budget.

But this year, this 6 trillion is outside all previous stable expenditure plans.

In the future, the income from the Pangu sector will make Dragon Nation’s treasury even more robust, and importantly, the money he earned came from international services!

Across the ocean, Eagle’s annual income is just under 4.8 trillion dollars, which is about 34 trillion RMB.

This year, with Gu Feng’s emergence, Dragon Nation exceeded Eagle’s annual income for the first time.

"Then let me mention, I want to increase the agricultural subsidy quota from 10% to 20%," he proposed.

Every year, 2 trillion is invested in agricultural subsidies, and Gu Feng hoped to double the subsidy.

What are agricultural subsidies?

They ensure a stable income for the farmers.

Industries like agriculture and husbandry face price declines each year due to international situations and market conditions, or natural disasters that add to the burden of the already not-affluent farmers.

Subsidies are usually used for these kinds of natural risks.

"Good," said the Sect Leader, looking at everyone. "Those in favor of Head Gu’s proposal, please vote."

For a moment, everyone raised their hands.

There was no helping it, the money was all earned by Gu Feng.

Moreover, it wasn’t just for this year; in the future, Pangu’s ability to attract money would definitely not be inferior.

With the authorization of Cancer Technology, the annual revenue would be at least 5 trillion RMB.

Though the petroleum resources in the East Middle region might diminish over time, the annual revenue could still be around 1 trillion RMB.

This year’s martial artist training also brought in 5 trillion RMB in revenue, but later on, once these soldiers return to their countries, they might not want to spend this unreasonable sum and may choose to train martial artists within their own borders.

At that time, the income from martial artist training would cease!

But it was no big deal; Gu Feng had long been prepared for this. Not to mention the potential income from authorizing Combat Skills in the future, there was another pitfall that the entire world might not be aware of.

It was something he had mentioned during a live broadcast, that for thousands of years in this world, not a single martial artist had naturally broken through to the Innate level.

This indicated that to break through to Innate, one must have his Elixir to assist them!

So here came the question, if various nations wanted to train soldiers unafraid of bullets, they would inevitably have to purchase breakthrough Elixirs from Pangu!

And these Elixirs would become Pangu’s stable income in the future. Coupled with annual royalties from Combat Skills authorization, these two sources of income would more than compensate for the training revenue.

It was projected that the department’s annual revenue would not fall below 10 trillion RMB!

Being the nation’s treasured asset and bringing formidable financial gains, who wouldn’t coddle and support such a person?

"What else?" the Sect Leader continued to ask.

There was still more than 4 trillion RMB left.

Gu Feng smiled, "If it’s all right, I’d like to trouble the Sect Leader to issue a notice, saying that from now on, the people no longer need to pay for medical insurance fees."

"You little rascal, do you know what a great achievement these two notices would be once issued? Are you willing to part with them?" The Sect Leader smiled, "All right, then let’s take a vote on Head Gu’s proposal. If you approve, raise your hand."

The yearly medical insurance paid by the people reached over 2 trillion RMB.

That is to say, Gu Feng would cover these expenses, but the people could still enjoy their medical insurance!

Once again, it was a unanimous approval from the audience.

Subsequently, it was time for other departments to continue their reports.

When it came to the railway sector, or rather, the deliberately indirect father-in-law, Head Yue’s department, a brief report was made.

Still no profit was made.

Everyone was accustomed to it.

After all, the initial investment in infrastructure was indeed too high.

As of the present, the entire railway network, with its original investment plunged in, still owed the treasury more than 6 trillion RMB.

Since Head Yue’s department employed around 2 million workers nationwide, the income earned from the railways every year went into covering these wages and financial support.

Therefore, this debt could never be repaid, and the total investment had not yet turned from loss to profit, so it was counted as a loss every year.

"To turn around the losses, we would have to hike the ticket prices across the board, but it’s not feasible to do so," Head Yue said with a wry smile. "Our current high-speed rail charges about 230 RMB for a 500-kilometer stretch, roughly over 40 RMB per hundred kilometers."

"The awkward thing about this price is that if it goes up any further, it would be close to the cost of taking a taxi or even exceed that of a coach bus."

"First-tier cities prioritize time as money at their core, so a price increase might not be a problem, but for the general populace, they’d prefer to spend extra time rather than more money on travel expenses."

This was also the reason why, including Eagle, the entire world was reluctant to build high-speed rails and similar projects.

No other reason but the poor cost-effectiveness, which makes it a thankless task.

Gu Feng interjected, "Then let’s switch to a more efficient method."

The crowd was curious, "What?"