· The full text is 3600 words long and about 5 minutes long
· Source of this article: Liu Shengjun's overall view (produced by Liu Shengjun Micro Finance)
Text: Liu Shengjun
The rise and fall of the world is the responsibility of the husband. The annual two sessions are an important platform for representatives from all walks of life to "speak out". In the face of the accelerated evolution of the world's major changes unseen in a century, the scarring effect of the epidemic is prominent, and it is imperative to stabilize expectations and boost confidence, the delegates are shouldering the heavy burden of history.
Wang Yi, Member of the Political Bureau of the CPC Central Committee and Foreign Minister: I have to point out that the US continues to misunderstand China and has not really fulfilled its promises. The US has constantly renovated its methods to suppress China, and the list of unilateral sanctions has been extended. If the United States always says one thing and does another, where is the credibility of a big country? If the United States becomes nervous and anxious as soon as it hears the word 'China,' where is the self-confidence of a big country? If the United States only keeps itself prosperous and does not allow other countries to develop properly, what is the international axiom? If the United States insists on monopolizing the high end of the value chain and only letting China stay at the low end, where is fair competition?
Wu Qing, Chairman of the China Securities Regulatory Commission: Respecting the law means respecting the law of the market, respecting the law of the economy, and respecting the law of innovation; respecting the rule is, first of all, respecting the law, respecting the contract, respecting the internationally accepted technical norms, and further promoting the high-quality development of the capital market.
Zhang Xuewu, deputy to the National People's Congress and chairman of Yanjin Shop Food Co., Ltd.: The real estate debt of Chinese urban residents accounts for 137.9% of household income, and the average annual part used for debt and interest repayment is equivalent to 15% of income, which curbs the consumption expenditure of Chinese households. Therefore, the government should allow at least 30% of urban residents to live in affordable housing, public rental housing or talent housing. It is proposed to raise the individual income tax threshold to 10,000 yuan to increase the actual income of ordinary income people ().
Zhang Jun, President of the Supreme Court: Promote the development and growth of the private economy in accordance with the law. Seeking truth from facts, retrying and correcting 42 criminal wrongful cases involving property rights involving 86 people. In 2023, courts across the country will acquit 16 enterprises and 34 business owners and managers in accordance with the law in the first and second instances.
Fan Yun, "Sister Sharp" of the Shanghai Youth League, deputy to the National People's Congress, and chairman of the board of directors of Shanghai Fushen Appraisal and Consulting Group: The reason why it is so difficult for private enterprises to raise funds is that there is no fundamental solution to the problem of system and mechanism -- a fault-tolerant mechanism! In our investigation, we found that some bank presidents are very sympathetic to private enterprises, have not eaten a meal from enterprises, have taken a penny, and are willing to support private enterprises and lend loans to private enterprises, but the results are not very good, and some have even been punished by the criminal law. It is suggested that different reward and punishment measures should be set up, and banks and individuals whose financial institutions support loans to private enterprises and who have succeeded in exploration and innovation should be encouraged and given heavy rewards; those who have not succeeded in innovation and exploration should be given the courage to try and make mistakes and an institutional environment that tolerates trial and error failures, otherwise no one will dare to carry out exploration and innovation again; on the contrary, those who fail to do a good job in their step-by-step work and do not want to make progress should be punished. In the cooperation between private enterprises and state-owned enterprises, we have found that there is a threshold that cannot be crossed - they are afraid of being labeled as "loss of state-owned assets". Both the person in charge of state-owned enterprises and judicial practitioners are afraid of taking this responsibility, and whether they belong to the category of loss of state-owned assets or not, they must put the interests of state-owned enterprises first, which invisibly elevates the status of state-owned asset holders. This has invisibly created an environment in which "state-owned enterprises are superior to others and private enterprises are relegated to godsons" in the whole society).
Zhang Qiaoliang, deputy to the National People's Congress and chief partner of Shandong Kangqiao Law Firm: At present, there are as many as 8 million judgment defaulters in the country, and there are more and more legal representatives, directly responsible personnel, and actual controllers who have been taken by the court to restrict high consumption measures because the enterprise is mired in debt, and it is gradually expanding. The restrictions on secondary entrepreneurship are not conducive to the production and operation of enterprises, nor are they conducive to the creation of a business environment. The existing "one-size-fits-all" regulations restrict the "four categories of personnel" from traveling by air, and restrict them from taking all seats on G-prefix EMU trains and seats above the first class on other EMU trains, which is unreasonable and incompatible with the level of economic and social development. It is recommended to limit high-spending and non-essential spending to travel in First Class and Business Class on bullet trains
Zhang Yichen, member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) and chairman of CITIC Capital: As of the end of 2023, China's private equity industry as a whole has reached a scale of 14.3 trillion yuan, with more than 54,000 funds, more than half of which are currently in the exit period. This includes not only the slowdown in economic growth and the impact of the epidemic, but also the precipitous decline in the exit path and trading opportunities in overseas capital markets, and the phased slowdown in the pace of A-share new stock issuance.
He Jie, member of the National Committee of the Chinese People's Political Consultative Conference, deputy director of the Central Economic Committee of the Revolutionary Committee of the Chinese Kuomintang, and deputy secretary-general of the Standing Committee of the Shenzhen Municipal People's Congress: It is difficult to raise market-oriented funds. At present, the structure of investors in the venture capital industry is dominated by government guidance funds and state-owned enterprises, and state-owned background funds account for more than 70%, and the diversification of the entire fund-raising market is challenged. Most of the large-amount funds are managed by state-owned background managers. More than half of the RMB funds of more than RMB 1 billion are managed by state-owned background managers, while all RMB funds of more than 10 billion yuan are managed by state-owned background managers. In the first three quarters of 2023, a total of 77 foreign currency funds completed a new round of fundraising, with a year-on-year decrease of 56.4%. Only a few investment institutions can achieve a LP reinvestment rate of more than 50%, and most investment institutions have a very low LP reinvestment rate
Jing Zhu, deputy to the National People's Congress, vice president of the China Private Chamber of Commerce, and chairman of Haima Group: The current regulatory restrictions on domestic enterprises, especially private enterprises, still exist, and the shareholding ratio of major Chinese shareholders of small and medium-sized commercial banks, including strategic investors, generally does not exceed 20%, and the shareholding ratio of controlling shareholders of insurance companies shall not exceed one-third, and the shareholding ratio is limited to a low level. This kind of "internal and external" regulatory standard is not conducive to the realization of the principle of "competition neutrality", nor is it conducive to the implementation of the high-level opening up of "national treatment". The Hainan Free Trade Port, which is positioned as "three zones and one center", should take the lead in relaxing the restrictions on the proportion of equity held by private enterprises in financial institutions.
Xiong Jianming, deputy to the National People's Congress and chairman of Fangda Group: The confidence of entrepreneurs largely depends on the business environment. It is hoped that the country will continue to implement the optimization of the business environment. The mainland is vast and the regional economic development is unbalanced, and it is difficult to measure the business environment of various regions with a standard scale. But entrepreneurs have a natural sensitivity to the business environment. Entrepreneurs who invest in a place have feelings about whether the local business environment is good or not.
Wei Zhen, deputy to the National People's Congress and chairman of the board of directors of the National People's Congress of Technology, said that some administrative institutions and state-owned enterprises still tend to choose state-owned enterprises when selecting cooperative units and suppliers, especially when it comes to large projects; in some relatively traditional or closed industries, although the qualification certification is oriented to the public, there are market access barriers in the actual operation of projects; and some government departments and state-owned enterprises still fail to pay accounts receivable in a timely manner in the process of cooperation with private enterprises. It is recommended to establish and improve the performance appraisal mechanism and supervision mechanism of private economic policies, incorporate the implementation of policies into the annual assessment index system of local governments and relevant departments, and establish a list of problems and rectification mechanisms that cannot be fulfilled by policies. At the same time, the implementation of policy commitments will be supervised throughout the process, and information will be disclosed to the public. Through the media, the Internet, and other channels, a social evaluation mechanism can be introduced to assess and publicize the implementation of government commitments, and improve the credibility, credibility, and enforcement of government commitments.
Yao Jinbo, deputy to the National People's Congress and chairman and CEO of 58.com: There will be nearly 11.79 million college graduates in 2024, an increase of 210,000 over last year, and employment pressure still exists. From the perspective of enterprise employment, it is more desirable to recruit employees with work experience, and the unemployment rate of fresh graduates without work experience is high. It is recommended that the social security shall be halved in the first two years of employment, and the corresponding treatment shall still be implemented in accordance with the policy of full payment. For example, if the monthly salary level is 10,000 yuan, according to the current rate, individuals can be exempted from paying about 520 yuan per month, and enterprises can be exempted from paying about 1,300 yuan per month.
Yin Tongyue, deputy to the National People's Congress and chairman of Chery Automobile, said that China's automobile exports should avoid repeating the mistakes of motorcycle exports (from 1999 to 2001, China's motorcycles accounted for about 80% of the Vietnamese market. But Chinese companies have also brought the price war to Vietnam, even at the expense of product quality. At present, Chinese motorcycle companies have basically withdrawn from the Vietnamese market. In recent years, China's auto exports have soared, but the Russian market has evolved into a "red sea", all of which are fought by Chinese companies, and the situation in Southeast Asia and other places is similar)
Lei Jun, deputy to the National People's Congress and chairman and CEO of Xiaomi Group: It is recommended that artificial intelligence literacy education be included in the content of nine-year compulsory education, set up artificial intelligence general education courses, and incorporate relevant content into social practice activities in primary and secondary schools. From basic concepts to simple applications, it comprehensively stimulates the interest of primary and secondary school students, cultivates their cognitive ability and application ability of artificial intelligence, and lays a solid foundation for future development.
Jia Qingguo, member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference, professor at the School of International Relations of Peking University, and director of the Sino-foreign People-to-People Exchange Research Base: In recent years, the people's favorable opinion of China in some countries has declined instead of rising. The reasons for this are both external and internal. External reasons such as the media in the United States and Western countries have falsely reported on China, and even smeared and slandered. Many units have excessively and excessively strict restrictions on scholars and retired officials visiting foreign countries, attending international conferences, accepting interviews with reporters, and meeting with foreign diplomatic envoys in China. This situation has led to a significant reduction in the voice of the people to the outside world, making China "lose its voice" in the international community and "distort" China's image abroad.
Lian Yuming, member of the National Committee of the Chinese People's Political Consultative Conference and founding president of the Beijing International Urban Development Research Institute, called for raising the pension standard of farmers by at least 100 yuan per person per month on the existing basis. At present, peasants in economically underdeveloped areas can only receive a monthly pension of about 80 yuan after reaching the age of 60, and peasants in economically developed areas can receive about 200-300 yuan after reaching the age of 60. According to the survey data of the Chinese Academy of Social Sciences, the average annual pension of urban workers is 20,587 yuan, while the average annual level of the new rural insurance pension is 5,287 yuan, a gap of 4 times.
Yao Jinbo, deputy to the National People's Congress and chairman and CEO of 58.com: With the entry of capital into the real estate brokerage market to promote the development of the real estate brokerage industry, a large number of housing information is concentrated in the hands of head brokerage companies, resulting in the weakening of the bargaining power of buyers and sellers, and the high channel fees have seriously squeezed the profits of real estate companies and the bargaining space of buyers. Operators should be prohibited from abusing their dominant market position and signing "exclusive agency", and it is recommended that the relevant departments deal with real estate trading platforms with manipulable market positions to restrict competition such as "exclusive agency" and "choosing one of the two" in the real estate brokerage industry.
Zhu Zhengfu, deputy to the National People's Congress and chairman of the partner meeting of Hylands Law Firm: Under the pre-sale system, buyers bear huge unilateral risks before taking possession of the property, such as delayed delivery of the project or even unfinished, problems with the quality of the house, and false publicity of supporting facilities. The pre-sale system has contributed to the "high-leverage, high-risk" development model of real estate companies. It is proposed to cancel the pre-sale system of commercial housing ().
Liu Shengjun @ Shenxian Ju
Economists who insist on telling the truth
Political Economy + Big Historical View
In 2014, he participated in the Prime Minister's Economic Symposium
Liu Shengjun is the founder of Micro Finance
Member of the Shanghai Economic Committee of the Zhi Gong Party
Chief expert of Shandong Provincial Human Resources Development Promotion Association
Author of "The Next Decade"
Shandong Heze Dingtao people