More entertainment-oriented news strives to promote the friendly atmosphere between China and France. "Dr. Zhao Tianlin visited the Paris Higher Normal School and was warmly welcomed by the French people when he arrived in Paris. Both sides flew kisses! The president of the Chinese university is so enthusiastic and romantic that we have to doubt whether the restrained and implicit description of the Chinese feelings is a stereotype."

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Le Figaro praised He Rui's new book, "The French version of Mr. He Rui, President of the Republic of China, will be launched in Paris soon. After reading the original Chinese version of the Law School of the University of Paris, said that this book pointed out various problems that have always confused economists around the world with a penetrating perspective and profound ideas. It has revolutionized a new revolutionary direction for economics!"

No matter which type of newspaper, the same news was published, "The Paris Grand Opera Ballet was a great success in performance in China. The Chinese Peking Opera Troupe went to France for a tour, led by famous artists such as Mei Lanfang, Yang Xiaolou, and Yu Shuyan. Mr. Zhou Shuren, Minister of Culture of China and Mr. Duan Qirui, President of the Chinese National Assembly, personally went to see him off at the dock, wishing the Chinese Peking Opera Troupe a successful tour in France and bringing elegant Chinese stage play performances to the French people.

The two major art groups in France took the Ocean Princess cruise ship together. In order to ensure the safety and smooth journey of these world-class artists, the Chinese Navy sent the Wuhu cruiser and the Chenzhou cruiser to escort artists from both countries. France will also send warships to the port of Beirut to prepare to welcome the team of artists from both countries."

In the lounge, the Chinese economic delegation that arrived in France one day earlier than Zhao Tianlin was browsing newspapers. Compared with Zhao Tianlin, although the Chinese economic delegation was high-profile, it did not accept interviews from foreign journalists. Zhao Tianlin represents the civil exchanges between the academic and cultural circles of China and France, and of course it should be based on the people. Although the economic delegation is very active, there is no need to communicate with the French civilians. As long as the French people know that China and France have conducted such high-level negotiations, and then see some news about Sino-France trade and economic cooperation, they will make up for the great progress in economic cooperation between the two countries. This is another way to strengthen France's economic confidence.

Looking at the French newspapers, the Chinese economic delegation was quite relaxed. More than ten minutes later, the meeting between the two sides began. The French negotiation host was the French Minister of Finance. "You are welcome to come to France. China raised the issue of the investment review quota this year. We hope China will explain this quota. It is not that we have bias or misunderstandings about China, but that once news of investment restriction comes out, it will cause uneasiness in the French economic community."

The leader of the Chinese delegation is Guo Chaoyang, Director of the Statistics and Tariffs Department of the Ministry of Finance, immediately replied: "The report submitted by the State Administration of Foreign Exchange to the Ministry of Economic Affairs shows that the foreign capital actually used by China in the fiscal year 1930 was calculated in francs, which has reached 30 billion francs. The exchange rate between the Chinese yuan and the francs is about 1:1. China's GDP for the whole year last year was about 88.5 billion yuan. With the investment forced exchange model adopted by China, we will issue 30 billion yuan in currency. If the quantity continues to increase, it will trigger inflation in China and lead to economic turmoil. The Chinese government has only increased the intensity of foreign investment review at this stage, objectively extending the review approval time, and has not prevented foreign investors from applying for investment in China."

Both China and France are major powers, and the members of the governments of both countries are also adults. Even if China and France engage in very close economic cooperation at this stage, it does not mean that France needs to consider China. Therefore, the conversation between the two sides is very frank and sincere. The French delegation tried every means to convince the Chinese delegation to increase some investment share to France. The Chinese delegation told France based on statistics from the Chinese economic sector, "This is impossible. China must focus on economic stability. Once the Chinese economy experiences severe inflation, investors from all countries will inevitably worry about China's economic reliability."

In the end, the French negotiating team could only accept the attitude of the Chinese delegation, "We regret the cautious choice of the Chinese government's investment quota."

After talking about this, Guo Chaoyang, Director of the Tariff Department, entered the next question, "According to the economic data that France has released, your bank's over-issuance of currencies seems to have reached 80 billion francs, and our country is looking forward to your introduction."

If the British government made such a request, the French negotiating group would never agree. However, China and France are very important partners and quasi-ally relations, and the French delegation suggested an adjournment. Half an hour later, the French delegation, which had received the approval of the cabinet, returned to the venue again and gave a part of the introduction to the Chinese delegation.

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The interest-free loan to China is 20 billion francs. In order to meet the exports of French companies to China, large French industrial enterprises have expanded their production capacity and loaned more than 24 billion francs. In order to serve large French industrial enterprises, the loans of French small and medium-sized enterprises are about 16 billion francs. In addition, French companies also need to invest in China.

In early 1930, French banks' deposits were about 60 billion francs. After the Sino-French cooperation, the demand for French funds soared. In addition to this deposit, plus foreign capital entering France, there was still a big gap. The 80 billion francs of super-issued currency appeared to make up for this funding gap.

Guo Chaoyang, Director of the Chinese Tariff Department, knew that there must be many things that the French colleagues had not said, but it was extremely frank to introduce them to this level. China just wanted to understand and did not intend to criticize France. France issued over 80 billion francs of currency, and China's currency was over-issued by 10 billion Chinese yuan. In terms of proportion, it is not less than France.

Without very clear profit data, China and France have invested huge funds to build a grand economic vision. Just supporting an economic vision of this scale requires huge investments first, putting the economies of both China and France in a dangerous situation.

The French representative was very clear about this and did not mention these things. If we want this vision to not fail, China needs to achieve at least a few major goals. The head of the French negotiation team raised the question straightforwardly, "Can China encounter any problems with agricultural output this year? If France needs help, we will do our best."

Faced with France's polite but very stern inquiry, Guo Chaoyang immediately replied confidently: "The Ministry of Agriculture of my country will publish a report after every farming season. This year, China's synthetic ammonia production has reached 310,000 tons, 1.1 million tons of earthworm soil, and 4.1 million tons of organic fertilizer. Although the farmland reclamation in the Northeast has reached its limit, the amount of two types of farmland in the Huanghuai Basin increased by 13.9 million mu per year. With the use of pesticides and good varieties, China's grain production will increase by more than 10% this year. If the weather is good, it may increase by more than 15%.

"We fully believe in the ability of China's hardworking and tenacious Chinese people in agriculture." The French representative made a decisive statement.

The source of investment in China and France comes from interest-free loans of 20 billion francs. China mainly uses the 20 billion interest-free loans in two major areas: synthetic ammonia equipment and internal combustion engine production. Internal combustion engine production is strongly inclined to agricultural machinery and equipment. The core lies in agriculture. Investment institutions in China and France have calculated that China's agricultural output reached 160% in 1927, and the increase of 60% of agricultural products is worth 20 billion francs. The faster China's agriculture develops, the shorter the recovery time for early investment funds.

France is a major agricultural country in Europe and knows that there are too many factors that affect agricultural output. The increase in grain production through agricultural technology promotion is very stable. Natural disasters will only lead to a reduction in grain production in that year and cannot reduce the increase in grain production in normal years. The increase in consumption power obtained by farmers will continue to provide purchasing power for industrial development.

In order to cooperate with the press conference to be held by the French government, the meeting ended at 3 pm. The French government spokesperson faced the gathering of reporters from various countries and read the prepared press release, "China and France have reached a "China-France Shipbuilding Cooperation Investment Agreement."

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Upon hearing this news, French journalists couldn't help but applaud. American journalists remembered that the United States cooperated with Jiangnan Shipyard to produce 10,000-ton ships, but because China later broke out in a war of unity and the United States had limited evaluation of China's shipbuilding capabilities, no new cooperation appeared since then. Now that the French have actually negotiated this agreement, a news framework that scolded the incompetent US government has been roughly completed in the minds of American journalists.

In fact, this agreement is not the content of the discussion at this China-France Economic Cooperation Conference, but the content that China and France have long decided. The reason why it was published at this time was entirely to maintain the popularity of sustained economic cooperation between China and France, and it was announced at this time.

The French upper class has already focused on the future of Sino-French economic cooperation, so what this meeting actually exchanges is the content of the future development of the two countries' economies. France must determine that the future vision drawn by the Chinese government led by He Rui must be realized step by step. Only in this way can France operate on this vision, let more funds enter France, and create the current beautiful reality for France.

When the French government spokesperson finished reading the 'new agreement' signed by China and France, the reporter started asking questions. When the British reporter was called up, he immediately asked: "Will the French cabinet election be held in half a year?"

At the first moment, even the French press spokesperson did not realize the malice implicit in this question. He was about to answer, but he found that the question was not right. Many reporters, including French journalists, had a hint of teasing smile on their faces. But the government spokesperson had his own responsibilities and continued to answer: "The French parliamentary and cabinet elections will be held in October. The new Prime Minister will be elected by then."

After saying that without any problems, the reporters laughed. For decades, this French cabinet has actually completed its entire term of office. Just before He Rui proposed economic cooperation to France, the current French cabinet was in danger. At that time, it was generally believed that this cabinet could not last half a year.

But no one expected that French President Dumeg, who gained great reputation for mediating the Sino-British War, had all his strength to promote Sino-France cooperation with amazing political sensitivity and political courage. After Sino-France cooperation, the French economy suddenly improved. The US financial crisis in 1929 not only did not hit France, but instead strengthened the French franc status, which gave strong support to the French economy.

A good national economy does not mean that the people do not scold the government, nor does it mean that there is no struggle within the parliament. In order to compete for interests, more intensive struggles have been launched in French politics. However, this struggle has a clear bottom line and cannot affect the French economy.

The French government issued more than 80 billion francs, and the current economic situation can be described as "like a pie falling from the sky, and the loess on the ground turn into gold." Although most of this money still does serious things, even a small part of it is a good life that has never been seen before.

Moreover, all French parliamentarians are more elite than monkeys and more traitors than ghosts. In the past, France's economy was bad, and it was not a big deal. Many people even eagerly hoped to turn over the cabinet so that they could gain greater benefits. The current economic situation is very good. Whether left or right, they hold high the banner of political correctness and roll on their own proposals to seek more benefits for their political parties. This is a means within the system. Everyone is the same, and it doesn't matter. However, if any political party tries to turn over the cabinet, the responsibility of destroying the French economy will be taken to the head of this party. This party's plan to turn over the cabinet may not succeed, but this party will be subject to a devastating blow at this stage.

There are still various quarrels and insults in the French parliament every day, but this cabinet is about to be re-elected in this noisy French political struggle. For the Third French Republic, a cabinet that has completed its term can undoubtedly be written in history books.

The parliamentary election was held in October 1930, and the cabinet was elected afterwards. In January 1931, the presidential election was generally believed in France that, based on the current situation, the next cabinet should be able to complete its term.
Chapter completed!