"This is a high probability event, you can just let it go and don't worry too much."

Chen Weidong nodded slightly, once again confirming his opinion.

The economy is the economy, and finance is the finance, and the two cannot be confused.

But in the financial sector, no one is more confident in the future trend of China's economy.

As a "passer-by".

He knows very well that due to the impact of the subprime mortgage crisis, the volume of domestic foreign trade exports will take a sharp turn from the second half of the year onwards.

The "exit" of one of the three carriages, in the face of resistance, will inevitably drag down the economic data for the whole year.

This is what the state does not want to see.

Therefore, in order to maintain the economic growth rate for many years, it is very reasonable for policymakers to launch a series of monetary policies to stabilize the economy and finance, at this important juncture of the weakening of the US dollar and the internationalization of the RMB.

The total scale of these policies will reach about 4 trillion yuan, so they are collectively called the "4 trillion plan".

Through the four trillion plan, we will increase government spending, increase employment and consumption, and speed up internal circulation, so as to avoid a downward trend in the economy.

The theoretical basis of this plan is Keynesianism.

The core purpose is to let the government open the money printing machine, print the money, and then invest in the construction of railways, roads, and other infrastructure.

Through these large-scale construction projects, the development of machinery, steel, construction and other industries will be stimulated.

With the development of these industries, the needs of society will greatly expand, and the original recession will be overcome.

From all aspects, Keynesianism's promotion of economic development has had an immediate effect.

But this theory is not without its drawbacks.

Because in the final analysis, it is based on the over-issuance of currency, so it can be implemented.

If one link is not properly controlled, it is very easy to cause a substantial increase in money supply and inflation.

In the end, the "water" that will be released will actually be far greater than four trillion.

On the other hand, the "Four Trillion Plan" underestimates the profit-seeking nature of capital.

A large amount of money flowed into real estate, an area that makes money quickly, inducing a real estate boom.

On the contrary, the manufacturing industry, which needs the most funds, does not get enough financial guarantees.

This is the biggest drawback of the Four Trillion Plan.

This is also one of the reasons why Chen Weidong has always been a little resistant to investing in real estate.

However, the economic theories that emerge in any era have their own limitations.

We can't expect what we do now, and we will be right in the future.

At least for the time being, there is no better solution to the economic downturn than the "Four Trillion Plan".

So he reminded Chen Jie with a piggyback, hoping that he would pay attention to the manufacturing sector as much as possible and help the manufacturing industry recover.

After all, this time is the best transition period for the manufacturing industry, and only by promoting the influx of capital into the manufacturing industry can we effectively promote the technological upgrading of the entire industry.

Chen Weidong said a lot in one go, and suddenly felt a little tired.

They came back from Europe, took a ten-hour flight, and after landing, they socialized for most of the day, and they still haven't had a good rest.

The reason why I stayed up late until now is mainly to reverse the jet lag.

Otherwise, the feeling of being sleepy and unable to sleep is even more torturous.

"Ah Wei, it's not too early, you guys should rest first, and we'll discuss it when we're free." Seeing Chen Weidong's lethargic appearance, Chen Jie glanced at the time on his watch again, although there was still a lot of confusion in his heart, it was not good to continue to ask questions.

It was already 5:40 a.m., and it would be dawn in half an hour, but he was still in good spirits.

I believe that there are many people like him today, who have stayed up all night.

So, he told the two of them a few more times to let them rest well, and then left the hotel leisurely.

However, after he left, Chen Weidong did not immediately turn off the lights and rest.

Lin Zeju was still sitting on the sofa, without the slightest intention of moving.

At this time, outside the floor-to-ceiling window, the sky has been slightly lit up, glowing with foggy fish belly white.

He was silent for a while, and finally asked, "Ah Wei, according to your guess, which industry will benefit the most next?" ”

When Chen Weidong heard this, he touched his chin, and an intriguing smile appeared on his face.

"Didn't you knowingly ask?"

24 April, 2008.

Morning, 9:15.

Affected by multiple benefits such as stamp duty reductions and restrictions on reducing holdings, the Shanghai and Shenzhen stock markets have just entered the call auction stage and ushered in an unprecedented "blowout market".

The Shanghai Composite Index opened 8.25% higher.

The Shenzhen Component Index opened 8.72% higher.

More than 800 listed companies have a one-word limit.

After the opening, the market of many heavyweight stocks such as Huaxia Petroleum and Industrial and Commercial Bank of China has successively sold large orders, resulting in a pullback in the index with an amplitude of nearly 5%, and the price limit of many stocks has also been opened.

Midday at 14:00.

Central Huijin issued a document saying:

In order to ensure the state's controlling position in key state-owned financial institutions such as the Industrial and Commercial Bank of China, China Construction Bank, and other key state-owned financial institutions, support the steady operation and development of key state-owned financial institutions, and stabilize the stock prices of state-owned commercial banks, Central Huijin Company will independently purchase the shares of the Three Banks in the secondary market, and will start relevant market operations from now on.

As soon as the news is released.

The indices of the two cities rose again.

The Shanghai Composite Index soared 304.7 points, or 9.29%, with a trading volume of 246.049 billion, a new high since "5.30" in 07 years.

The Shenzhen Component Index soared 1,130.60 points, or 9.59%, with a trading volume of 117.08 billion, also hitting a new high in nearly ten months.

As of the close.

There are a total of 1,586 stocks in the two cities, and almost all of them have a daily limit on the same day, which can be called a unique miracle since the establishment of A-shares 18 years ago.

At the same time, the theory of "financial power" put forward by Chen Jie at the meeting was also circulated by people in the industry, and soon set off a heated discussion on the TV media and the Internet.

Some well-known financial columns also keep up with current affairs and invite a number of economists in prime time to make in-depth comments on this topic.

Chen Jie himself said optimistically in an interview with many reporters: "If everyone is confident, then this is the bottom of A-shares." ”

His sentence was quoted by the "Securities Times" and published in the upper left corner of the newspaper, the most eye-catching position.

At the same time, it is also a fire for the A shares that rebounded to the Jedi.

Many investors who have moved away from the market due to the deterioration of the market environment have also begun to consider whether to believe in A-shares again and re-enter the market.

In the following two weeks, as various benefits continued to be introduced, the signs of stabilization of the broader market became more and more obvious.

Just when the market generally believes that the market is brewing a new round of uptrend.

Across the ocean.

Lehman Brothers, the fourth-largest investment bank in the United States, a century-old financial family, suddenly broke the news that it was going bankrupt.

This small ripple made the global financial market, which had finally calmed down, once again set off a monstrous wave! (End of chapter)