Hu Xiaolian: Promoting growth kinetic energy conversion must be across the economic growth dependence on real estate

[Dahe Daily · Dahecai Cube] (Reporter Chen Yujing) On August 20, the China Fortune Management 50 Men Forum (CWM50) held a summer summit in Beijing.

Hu Xiaolian, a member of the Standing Committee of the CPPCC National Committee, the former vice president of the People's Bank of China, and the former chairman of the China Import and Export Bank, delivered a keynote speech on the problem of slowing real estate investment and promoting the conversion of growth kinetic energy. Hu Xiaolian believes that it is necessary to promote the conversion of kinetic energy and improve the quality of economic development. It is necessary to cross too much economic growth.

For a new round of financing,

Improving the long -term investment financing mechanism is the basic guarantee

Hu Xiaolian said that real estate investment has played an important role in steady growth, but excessive relying on real estate has caused many disadvantages to drive economic growth. In the new era, the economy must achieve high -quality development, and no longer rely on real estate investment. In addition, my country's investment potential is huge, and many new investment growth points can offset the impact of the slowdown in real estate investment.

Regarding the new investment growth point, Hu Xiaolian believes that there are two main aspects: one is investment projects such as transportation, energy, water conservancy, land governance, farmland transformation, urban underground pipe corridor construction, rural infrastructure construction and other investment projects. Essence The other is the fields of digital economy, industrial upgrading, technological innovation, and modern service industry.

"These areas are important starting points for the new round of enterprises and the people to expand investment. The new round of investment is not only huge scale, but also compared with the traditional" iron public foundation "in the past. The important driving force, the prospect can be expected. "Hu Xiaolian said.

For the development of a new round of financing, it is the basic guarantee to improve the long -term investment financing mechanism.

Hu Xiaolian said that although the short -term income is not obvious for a considerable part of project investment with quasi -public properties, long -term returns and social benefits are very significant, which can provide long -term support for high -quality economic development. In order to meet the investment needs of such projects, it is necessary to broaden the channels for long -term funds to raise funds. In the past, financing models based on land finance and government platforms need to be adjusted.

"In the process of economic growth kinetic energy conversion, the local governments must play more market role, and pay for users of quasi -public welfare infrastructure as a common way. Cover. "Hu Xiaolian said.

The capital market allows enterprises to fail,

But it cannot be allowed to fake fraud

It is necessary to promote the healthy development of the capital market and stimulate enterprises and private investment.

Hu Xiaolian believes that the capital market can replace the real estate market and become the main channel for residents' long -term investment and property income growth.

"my country is one of the countries with the highest level of savings in the world, and more than 70%of residents' assets have become bricks accumulated. A considerable part of it exceeds its actual living needs, which is undoubtedly a waste of resources. Therefore, we must mobilize rich savings to mobilize up. , Apply well, invest in the capital market, and become a long -term source of economic development. "Hu Xiaolian said.

In terms of vigorous construction of the capital market, Hu Xiaolian believes that strengthening corporate governance is essential. The capital market allows enterprises to fail, but they cannot allow fraud to falsify. Investment institutions must strengthen professional ethics, diligently and responsibilities, and regulatory agencies can "build a system, do not interfere, and zero tolerance." Investors' confidence in the capital market does not depend on the volatility of the macroeconomic cycle, but it depends on whether the capital market is open, fair and fair.

Hu Xiaolian said that we must continue to expand the opening of the capital market and attract global funds to enter the Chinese market. The development of the capital market is a strategic task. To play an important role in the high -quality development of China's capital market, it is necessary to further enhance the market's ability to absorb and tolerance by opening up. The size of my country's stock and bond markets has ranked second in the world. The opening of the capital market and the promotion of the internationalization of the RMB, which complements each other, will greatly enhance the support for new momentum of economic growth.

Responsible editor: Wang Shidan | Audit: Li Zhen | Director: Wan Junwei

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