"There is another thing that needs to be paid attention to by the chiefs. ”

Yang Jie opened his mouth and said.

"What's the matter?"

Li Kaiyuan asked.

"That is, the international hot money will pour into the country through underground banks in the next few years, escaping foreign exchange supervision, and the amount must be very amazing, if you don't pay attention, it will have a big impact on the domestic economy. ”

Yang Jie said.

"Dong Yang, how can you be so sure?"

A Treasury official asked.

"After the myth of the real estate finance of the eagle sauce is shattered, the international tour capital will inevitably pay more attention to the economic stability of the market, and now these Western countries have also fallen into economic turmoil, in comparison, our domestic economy is still relatively stable, and these international tour funds are naturally trying their best to pour in. ”

Yang Jie said: "Funds are like water, free flow, there is control over foreign exchange in China, and the annual purchase amount of foreign exchange for individuals is 50,000 US dollars, but due to the cross-border flow of funds and speculative needs, it is impossible for these funds to flow through formal channels, so they can only be poured into the country through the business of providing currency exchange through underground banks." ”

"According to the information obtained by our company, now a large amount of capital has begun to pour into Hong Kong, almost hundreds of billions of dollars, and a large part of the funds from these consortiums in the country of Eagle Sauce are still increasing, Hong Kong at this time is like a reservoir, these funds are now observing the economic development of the mainland, if there is any new trend, it will come in. ”

Yang Jie said.

Hearing Yang Jie's words, many officials present showed solemn expressions.

"It is very easy for these holders to create a bubble in the domestic stock market and real estate after they put a lot of hot money into the country, because if the market does not make it bubble, it will not make money. ”

Yang Jie said: "With the influx of these hot money, these floating funds are first of all constantly pushing up the domestic stock market and constantly speculating in housing prices, resulting in a serious bubble in these two industries. ”

Li Kaiyuan said: "We must attach great importance to this matter you said, if it is not handled well, it will really have very serious consequences." ”

"Judging from the process of previous financial crises, the biggest harm of hot money is that it will suddenly withdraw from large-scale arbitrage after pushing up asset prices and obtaining huge returns, bringing shocks to the capital financial market. ”

Yang Jie said: "How to minimize the harm of this part of speculative capital, turn hot money into cold money, and attract more funds for the domestic economy, my suggestion is to use the deleveraging method, reduce the proportion of leverage in mortgage purchase and consumer loans, increase the proportion of down payment and limit purchase in buying a house, but there will be a lot fewer people who can take out loans, and the bad debt rate will be reduced, and the housing price will be controlled at the same time." ”

"The other is to deleverage the monetized resettlement ratio of local housing resettlement, once the monetized resettlement ratio comes down, the demand and enthusiasm for buying houses will naturally drop sharply, and there will be no support for housing prices, and finally let housing prices return to rationality. ”

"Then there is deleveraging in financial institutions, restricting the scope of financial investment of financial institutions, tightening market liquidity, cracking down on the mismatch of funds in wealth management products, cracking down on the nesting of wealth management products, and shrinking credit. ”

Yang Jie said: "I believe that such a combination can still keep the real estate market and stock market in a stable situation, and the degree of bubble can still be controlled in a reasonable state." ”

Yang Jie said: "Of course, I think the most fundamental decisive factor is to adjust the economic structure, make the domestic economy itself healthier, through the development of new industries to make the domestic economic pillar industries more, and strive to expand the market cake of these emerging industries, so that social resources and capital will not be excessively concentrated in the stock market and real estate." ”

After hearing Yang Jie's words, many officials looked thoughtful, obviously digesting Yang Jie's suggestions.

"Yang Jie, what do you think can quickly form a large-scale emerging industry within ten years?"

Zeng Jiabao asked at this time.

"Now the country has launched a large-scale infrastructure plan, through this opportunity to develop the domestic high-end construction equipment industry is an excellent opportunity, within ten years in the domestic high-end construction equipment manufacturing industry can have a very big upgrade, then you can expand to the overseas market. ”

Yang Jie said: "The other is that we have advantages in the laser industry in China, and if the high-level guidance, the laser equipment industry can be quickly formed and used in many fields." Our Huaxing Group will provide some key components and technical patents to domestic enterprises in the future, and quickly form a laser equipment industry, so that laser equipment can quickly enter many industrial fields. ”

"From the perspective of our domestic market size, the domestic traditional cutting frame welding market size is at the level of 100 billion, plus the market size of consumables and manpower and other variable costs is expected to be more than 300 billion yuan, if you increase the use of laser technology in display panels, mobile phone manufacturing, semiconductors, automobile industries, especially for hardware, bathroom and other long-tail markets, the market size is at the trillion level. ”

Yang Jie said: "At present, the domestic high-power laser equipment market is only about 50 billion yuan, which is very large. Our Huaxing Group and many domestic research institutes have matured in this area, and it is the time to rapidly expand this industry. ”

"The other is the aviation industry, which is also an industry that can quickly drive economic and efficient growth. ”

Yang Jie smiled: "Of course, I am not here for our group company's China Fokker Company to ask for any benefits, the development of high-end aviation industry brings about a very obvious radiation effect, can absorb a large number of high-tech talents, derived from the subsidiary industry can create a large number of jobs, which is beneficial to the whole society." ”

The officials in the conference room all laughed.

Zeng Jiabao said: "These ideas of yours also coincide with the ideas of the high-level, and the high-level also hopes that more emerging industries can appear in China." The premier has also stressed on many occasions that it is necessary to pay more attention to basic research and strategic high-tech research. Original innovation is the source of a country's competitiveness, our country wants to seize the commanding heights of future economic and technological development, we can not always follow and imitate others, nor can we sit back and wait for technology transfer, we must rely on our own strength to come up with original results, the suggestion you just mentioned is excellent, I will report your opinions to the prime minister. ”

Yang Jie smiled, and said that it was naturally a very good thing that his suggestion could attract the attention of the high-level.