Resource Tycoon Reborn

ps: ps: I have something to go out in the afternoon, so the second chapter will be late.

After sending Yanei away, Fang Mingyuan returned to his sofa, lying lazily and looking at the courtyard. In fact, what he just said to Yanei was only part of the conversation between him and Su Huandong, and was not mentioned to Yanei.

It's two things.

One thing is because Su Huandong mentioned many problems that have arisen in the establishment of the national pension system. For example, many provinces have encountered the problem that there is no money left in pension accounts at all, and they need subsidies from the national finance. And with that,

As more and more Chinese people retire and take care of themselves, this trend is likely to worsen.

Regarding this question, Fang Mingyuan's answer is that if the government is really serious about solving the problem, then it will make up for the shortfall incurred during the reform of the pension system, and do not use current social security to pay out pensions.

If there is still no money left in the gold account, it can only be said to have been embezzled by corruption. As for the funds to make up for the shortfall, the government can completely obtain it by selling state-owned enterprises. For example, breaking the monopoly of state-owned enterprises in the communications industry, almost

Sell ​​any of the large telecommunications companies to private capital, which not only breaks the industry monopoly, but also provides the government with a huge amount of funds to fill the pension hole. Another example is the financial industry, oil industry, railway, tobacco and many other industries.

All state-owned enterprises in China are fine. Don’t always think about squeezing more money from the already heavy burden of the Chinese people.

Su Huandong could only shake his head and smile bitterly... The principle was correct, and the method was indeed feasible, but if he really wanted to do it that way, he would encounter too much resistance.

Another thing is to ask Su Huandong to start thinking about it now. If it is true as Fang Mingyuan said, once a global economic crisis occurs in the future, China's economy will face a rapid decline in economic growth, negative growth in exports, and a large number of migrant workers returning to China.

When the rural economy faces the risk of a hard landing, what should the government do? To be precise, Fang Mingyuan proposed two paths. One is for the government to expand the money supply, increase investment, and stimulate economic development through massive investment; the other is to

It is to implement large-scale tax cuts and fee reductions, even tax cuts and fee cuts with clear time limits. This will stimulate domestic demand and internally digest products that were originally intended for export.

Fang Mingyuan also clearly rejected the first way, because in his opinion, stimulating the economy by expanding the money supply, although it has immediate effects, it also brings many sequelae! In many cases, the thinking here in the capital

This is very good, but due to various reasons, when each local government implements it, there will be obvious deviations, and it is not surprising that a policy that benefits the people turns into a policy that destroys the people.

China's economic development in recent years has been quite effective. Under the leadership of Su Huandong, the government has achieved initial control over the rapid rise in real estate prices and stabilized it. The elimination of backward production capacity is also proceeding steadily.

.At the same time, the industrial structure is also being adjusted and transformed to solve the problems of massive overcapacity and asset bubbles in the domestic economy. If at this time, a huge amount of cheap credit pours into the market, although through many large-scale infrastructure projects

The start of construction can absorb some of the production capacity generated due to blocked exports and the decline of the domestic economy, provide a large number of jobs, and bring the economy back to the upward path, but it will also bring many sequelae.

Those state-owned and private enterprises that have obtained credit already have overcapacity. Even if there are many large-scale infrastructure projects in the country, they cannot absorb all the excess capacity. Therefore, these enterprises have not made large-scale equipment investments.

.Thus expanding production. Instead, these funds are transferred from the production field to the capital field, that is, investing in the stock market and real estate to reduce the huge pressure of interest repayment.

However, those large and very large state-owned enterprises that have received priority not only invest in the stock market and real estate, but also use large amounts of cheap funds to raise a "butcher's knife" to those private enterprises that cannot obtain sufficient funds. There are a large number of "state-owned enterprises" in China.

The phenomenon of “democracy withdrawal” has even occurred. There have even been many strange phenomena of state-owned enterprises that have been losing money for many years acquiring large private enterprises that have been making profits for many years.

In order to increase local GDP, local governments are also borrowing without restraint in this credit feast. Those who do not borrow will be ranked at the bottom in future performance evaluations. But how to use these funds and how to obtain them?

Not every local government has a clear plan for maintaining and increasing value.

The result is that although China's economic growth has returned to the upward channel and will achieve rapid growth in the next one or two years, the domestic real estate industry has also seen an extremely hot situation, with a large number of companies pouring into the real estate industry and development everywhere.

New real estate projects, and citizens who are worried about the depreciation of their savings have to choose to buy a house as a way to maintain and increase the value of their assets. This makes the real estate prices that have stabilized once again surge like a wild horse, and one by one the sky-high prices of land kings

Sprung up like bamboo shoots after a rain, the real estate bubble not only failed to be squeezed out, but inflated rapidly.

The problem of overcapacity has also become more serious as new companies have been launched in various places. As a result, the amount of local government debt has soared rapidly. Within a few years, the annual interest repayment pressure has made them breathless.

Real estate price bubbles, local debt expansion, overcapacity, and rapidly rising inflation have raised manufacturing costs for companies, weakened their export competitiveness, accelerated the relocation of domestic companies, and excessive currency stocks, and many other problems have become new crises after the credit carnival.

.

Because Fang Mingyuan was someone who had been there, and although he did not study economics at the time, he had personal experience. Therefore, when talking to Su Huandong, he described a series of sequelae so vividly that Su Huandong changed his expression.

Moreover, in Fang Mingyuan's view, stimulating the economy by expanding the money supply left a mess for China's economy, but it helped the economic recovery of other countries. However, China did not gain any substantial benefits by doing so.

International thanks.

Fang Mingyuan's suggestion to Su Huandong is that infrastructure projects should still be built, but they should not be led by the government, but attract private capital. What the government needs to do more is to streamline administration and delegate powers, break monopolies and reduce taxes!

It is an indisputable fact that China's domestic consumption has been unable to start up, forcing China's economic development to rely too much on exports. However, as China's economic scale continues to expand, the troubles caused by over-reliance on exports are also increasing. Global

Whenever the economy sneezes, our import and export trade will be significantly affected. Moreover, trade frictions between countries are also increasing sharply. In order to compete for international market share, domestic companies have started price wars, which has greatly reduced corporate profits.

, has also caused many countries to launch anti-dumping butcher knives against China in multiple industries. There has even been a strange phenomenon of dumping export goods.

The international market is so big. Some countries export more, and some countries must export less. At the beginning, China's economy was small, and its share of import and export trade in the world was not large, so naturally no country came.

To be honest. Now, China has become a major country in import and export trade, and its products are mostly mid- to low-end products. Unlike other countries' products, which are difficult to replace, they will naturally become the target of public criticism.

On the one hand, there is overcapacity, on the other hand, there is increasing resistance to exports. At the same time, domestic prices are still rising, and the national burden is increasing day by day. The pressure on Su Huandong can be imagined.

Fang Mingyuan's suggestion is to take advantage of the outbreak of the economic crisis to carry out large-scale tax cuts and tax reform in the country!

There has never been a clear figure for the total amount of taxes and fees in China, but it is a consensus that the burden on Chinese people and enterprises is heavy. This is also an important reason for the delay in starting domestic demand. It can even be said that the core reason is lack of money.

Without sufficient guarantees for future life and stable expectations for living standards, who dares to spend money? This has also resulted in the extremely high savings rate of Chinese people.

Large-scale tax and fee reductions can at least significantly reduce the burden on enterprises and people during the economic crisis. In this case, domestic consumption will not be reduced due to the economic crisis, enterprises will have greater ability to resist risks, and their export capabilities will also be improved.

As a result, the demand for layoffs and downsizing will naturally become less urgent, the income level of Chinese people will be relatively stable, prices will tend to stabilize, and the economic growth rate will be guaranteed.

Of course, Fang Mingyuan believes that the first thing to reduce is the national tax, because since the last tax reform, the proportion of tax revenue controlled by local governments in the total tax revenue has been very low. Large amounts of reductions and exemptions will make the already weak financial situation of local governments worse.

In order to make up for the financial shortfall, local governments will inevitably end up with arbitrary charges, delayed wages, and delayed payments to companies, which is undoubtedly not conducive to social stability.

Moreover, tax cuts and fee cuts will certainly put huge pressure on the national finance, but they can make up for the annual expenditure on this alone, which amounts to hundreds of billions of yuan, by promoting the elimination of public funds for food and drink, public car consumption, and public funds for overseas travel!

Even if it eventually results in a substantial increase in national debt, it will be easier to control the huge risks than a surge in local debt. This approach is also a common approach used by countries around the world when facing economic crises.

Regarding Fang Mingyuan's proposal, Su Huandong said that the pressure was huge and it might be difficult to pass it.

"Grandpa Su, I think you may not realize that you actually have a very important ally!" Fang Mingyuan said with a smile, "I think the next leaders don't want to face a bunch of people after taking office.

It’s a mess, right?” (~^~) Mobile phone users please visit http://m.piaotian.net