“In an unhealthy market, investors are unwilling to enter because everyone does not play the game within the same rules at all. The winner takes all. Those with strong capital can easily eat up small fish and shrimps. This is very unreasonable.
"
"Therefore, strengthening supervision of the financial market and introducing high-pressure policies when necessary to deter the bad guys with heavy fines is a path that must be taken. Looking at the large financial markets abroad, we have experienced similar periods. In this way, it is inevitable
It will guide more private capital to come in and revitalize the water in this pond."
"Second, speed up the pace of listing of state-owned enterprises. Due to our special national conditions, the real giants in the real industry are still state-owned enterprises, especially some monopoly industries, such as oil, tobacco, telecommunications, etc. The state-owned enterprises in these industries themselves are good
Their assets and monopoly position mean they don’t have to worry about going bankrupt, so once they go public, market enthusiasm will inevitably increase.”
"At the same time, listed state-owned enterprises must be subject to policy constraints and must provide at least 10% of their total equity to the market. Otherwise, the benefits will not be enough and fewer people will be tempted."
“Third, promote the entry of national social security funds into the market.”
Of these three suggestions, only the third one was mentioned by Li Jin at the beginning without any detailed explanation, but everyone knows that only the third one is the real nuclear bomb.
"Social Security Fund!"
Liu Tongsheng took a breath of air and said: "Li Jin, the social security fund is an important guarantee related to social stability and stability. Once there is a problem with this fund, there will be big trouble. No one can bear this responsibility."
Li Jin frowned. He knew that social security funds would definitely encounter huge resistance when entering the market, and the most important conservative among them was Liu Tongsheng. He simply did nothing because he was afraid of taking responsibility.
However, can real great achievements be achieved with this kind of mentality?
So Li Jin said unceremoniously: "Our ancestors have built our national destiny with their own flesh and blood, and now we have to back down?"
"Inflation and currency depreciation are inevitable laws of a country's economic development. As long as the economy is developing, the currency will inevitably depreciate and the purchasing power will become worse and worse. This has already appeared with the vigorous development of our country's economy."
"And the social security fund is dead. If you leave it there and don't move it, in ten, twenty, fifty years, its depreciation and loss will cause this fund to collapse sooner or later."
"So many foreign countries use social security funds for investment and let them make money on their own, at least outperforming the rate of inflation. Only in this way is the fundamental way for the long-term stability of this fund."
Liu Tongsheng wanted to say something else, but Director Cheng stood up and said excitedly: "Yes, Xiao Li's words touched my heart!"
Director Cheng's words made Liu Tongsheng, who originally wanted to blame Li Jin for his arrogance, instantly shut himself up.
"Xiao Li, although you are an outsider, you see things more clearly and understandably than most insiders."
"If you didn't have such a big industry now and I really couldn't afford your salary, I would have wanted to drag you to my side to be my assistant."
Director Cheng's words made Li Jin smile bitterly.
Although this was an exaggerated joke, it also represented Director Cheng's appreciation for Li Jin.
"I'm not afraid to tell you that there are many opinions and voices on the use of social security funds, but in the final analysis they are divided into conservatives and radicals. I fully agree with your ideas, and I will definitely take your words intact.
Go to the Yenching Conference."
Smiling, Li Jin said: "Actually, after all that, my core idea is to mobilize the power of the market itself to fight against external forces."
"Now that we are reforming and opening up, the economy is just taking off. Unlike in the past, the people did not even have enough to eat. As long as everyone sees that this matter is beneficial to the country and the people and profitable, I believe that the power it will unleash will not be underestimated."