Huang Qifan: The five issues are worthy of in -depth research

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Huang Qifan: The five issues are worthy of in -depth research

2022-05-15 00:08:28 8 ℃

The 21st Century Business Herald reporter Li Yue Beijing reported: Zhou Pengfeng "to do well in finance is the main direction of deepening reforms in the next stage, key fire types to activate innovation, and the key areas of expanding opening up." May 14. Huang Qifan, a special professor of Fudan University and the former Mayor of Chongqing, said at the "2022 Tsinghua Wudaokou Chief Economist Forum" that in its opinion, there are five issues in the financial field worthy of in -depth research. The first is to establish an anchor of RMB in time. Huang Qifan believes that it is not a long -term score for the issuance of the RMB to the US dollar. It should be anchoring its own GDP tax content and their own national debt credit. Only in this way can they have their own coinage tax. With its own national debt yield curve, there is a real monetary policy, and the pricing of all domestic financial assets has the benchmark. "Huang Qifan said. The second is to promote financial better to serve the real economy. Huang Qifan said that in the past few years, the real estate industry was unique, housing prices were abducted in the Chinese economy, and a large amount of capital wrapped the bank loan disorderly into the real estate industry. Now there are many problems. What kind of financial system is needed to support. The third is to develop green finance in combination with China's national conditions. Huang Qifan said that under the target of dual carbon targets, my country's green financial business has developed rapidly, but the transformation requires a process. Even if the "30 · 60" goal is achieved in the future, coal power is still an important supplement. The department cannot talk about coal color changes, but instead must be based on the development of the green transformation of the national conditions. "Huang Qifan said. The fourth is to accelerate the development of science and technology finance for small and medium -sized technology companies. Huang Qifan believes that in recent years, many angel investment and venture capital have emerged in China, but many institutions lack identification of real advanced technologies and innovative unicorn. He was put in a heavy position by foreign capital. In this round, in the forefront of digital economy, biological economy, and green economy, can these domestic institutions seize opportunities? Fifth, how finance can better serve common prosperity. Huang Qifan said that conditions should be created to allow ordinary employees to have investment in the normal salary income, such as developing annuity and building an annuity into one of the three pillars of the pension system. The capital market, which not only creates conditions for employees to share capital value -added income, but also sends a steady stream of long -term capital for the capital market, which is more than one fell swoop. "Huang Qifan believes. The following is the full text of Huang Qifan: experts, good afternoon! I am glad to be invited to participate in today's round table forum. Let me talk about today's topic. In my opinion, we currently face at least the following challenges: the first is the increasing uncertainty of the external environment. At present, the new crown pneumonia's epidemic has deeply impacted the world economy. The main developed countries have superb issuance, the prices of commodities fluctuate sharply, and global inflation is getting closer. In -depth adjustment of international economic and trade order, there is a wave of anti -globalization when anti -globalization, ensuring that the supply chain of the industrial chain is facing more challenges. The international conflict has continued to upgrade, the situation is becoming confusing, and uncertainty is increasingly unpredictable. "Gray Rhino" and "Black Swans" have emerged endlessly, which constitutes pressure on my macroeconomic stability. The second is that my country's full factor productivity is low. Since 2008, China's full -factor productivity growth has declined. At present, my country's full factor productivity growth rate is about 1.25%, and the level of full factor productivity is only 40%of the United States, 43%of Germany, and 63%of Japan. By 2035, when my country basically achieves modernization, it must reach the level of 60%of the United States, that is, my country's full factor productivity growth must reach 2.7%. If my country's GDP growth rate reaches about 5%in the next 15 years, 2.7%means that its contribution to GDP growth will reach 54%, which is difficult to achieve this. The third is that the resources and environment constraints are tight. Needless to say, while becoming the largest country in manufacturing and the largest country of goods trade, China has also become a large country of resources and energy consumption. The import dependence of oil, natural gas, iron ore and other important resources is too high. The economic model of large progress and extensive development formed for a long time has been unsustainable in the face of increasingly biased resources and environment constraints, and urgently needs to transform into green development and low -carbon development. In particular, we announced the 3060 goal, and they need to achieve hard efforts to achieve. The fourth is that the revolution of science and technology and industry is changing with each passing day. Digital economy with digital industrialization and industrial digitization as the core content, the biological economy represented by cellular immunity, gene editing, synthetic biology and other technology breakthroughs, and the green economy represented by zero -carbon low -carbon technology development and promotion Reconstruction of the industrial chain supply chain value chain and innovation chain. Coupled with the continuous expansion of deep -sea and deep space detection, brain machine collaboration, human -machine interaction, virtual and augmented reality, etc., the future industry is constantly updating iteration. How to seize the opportunity and participate in or even lead these scientific and technological revolutions is an important mission that China should assume as an important economy in the world. The fifth is the heavy development task at the social level. For example, the trend of population aging is increasingly prominent. According to the results of Qipu, in 2020, China ’s population 60 and above were 264 million, accounting for 18.70%of the total population, an increase of 5.44 percentage points from Liupu. It is expected that by 2035, my country will enter a severe aging society.