reborn in the fiery age

Sun Zujie said very clearly, "During the financial crisis, high-leverage industries such as steel trade are very prone to problems. You must attach great importance to them and strictly control risks. You would rather be less efficient than have too high leverage."

In the previous life, because of the steel trade problem, no one could tell how many bank bad debts were incurred.And the tacit understanding of the banks not to lend to Fujianese people shows the seriousness of the problem, so it is necessary to do some work while the crisis does not break out.

In addition to foreign trade enterprises and steel trade, Huaguo, which has developed rapidly for five or six years, still has many problems.From April to July, Sun Zujie either researched with various departments or visited various places to make comprehensive preparations for the subprime mortgage crisis.

And during this period, the subprime mortgage crisis quickly spread from the US imperialism to the world, and the global financial market was in constant turmoil.The five major investment banks in the United States that were once extremely popular in the past are sluggish one by one, facing huge or even unprecedented losses, a major reshuffle of the US financial system is inevitable.

In order to recover the huge losses, a large amount of dollars was transferred back to the U.S. imperialists, global stock markets plummeted, financial risks in developing countries intensified, and the subprime mortgage crisis finally turned into a financial crisis

At this moment, both the central and local governments have realized that the outbreak of the financial crisis is inevitable, but there are still many disputes about the scale of this financial crisis.

Although the direct economic loss was not large because of the timely response, the growth rate of foreign trade and related industries has begun to show a downward trend, and some foreign trade enterprises are facing more difficulties.

In such a situation, the last Xiadu meeting before the change of the Xia Kingdom was held.This time, apart from the re-election, the most important thing is to discuss a series of policies formulated by the response team. The focus of the debate is when we will take action and make some actions. At the same time, whether the current strict macro-control should be stopped and whether it is necessary to stimulate the economy ?

Sun Zujie's answer is that there is no rush, we have been preparing for a year, and now we have no substantive problems except that the growth rate of foreign trade has declined.

After several years of macro-control, our economic risks have been resolved a lot. Now we have a lot of chips in our hands. What we have to do is to wait until the crisis in the developed economies in Europe and the United States intensifies and we ask for it before we do it. Issues.

As for our current foreign trade slowdown, we are also not in a hurry.For quite a long time in the past, we implemented export-oriented economic growth by keeping the RMB exchange rate undervalued, delaying the reform of factor market prices, and ignoring environmental costs.This export-led development strategy, which relies on artificially low costs, is not sustainable.

However, due to the obvious price advantage of Xiaguo's export commodities in the international market, Xiaguo's exporters have no incentive to upgrade their technology and increase the added value of their products.

After the outbreak of the subprime mortgage crisis, Xiaguo's export industry faced the unfavorable situation of a significant drop in external demand, which in fact provided external pressure for Xiaguo's export industry's industrial upgrading and mergers and acquisitions.

We should seize this opportunity to accelerate the industrial upgrading of the export industry.It is short-sighted to think that the government should stop the appreciation of the renminbi and re-implement various preferential policies to stimulate exports.On the issue of dealing with the decline in external demand, Xia Guo would rather sacrifice growth rate than structural adjustment.

Of course, if foreign trade exports slow down too quickly, or even decline, we will introduce corresponding stimulus policies to reduce the speed of recession as much as possible and maintain a relatively stable decay speed.

At the same time, macro-control can not only be canceled, but also strengthened.It is true that in some coastal cities, the volume of real estate transactions has shrunk and prices have fallen.

But we must be aware that there are still some bubbles in Xiaguo's real estate market, and the current bubbles are not crowded enough.If the bubble cannot be fully squeezed out, the future development of Xiaguo's real estate industry will always face hidden dangers.

Under such circumstances, we should continue to unswervingly implement macro-control policies for the real estate industry, suppress the growth rate of real estate investment, and let real estate prices fall back to the level that Chinese residents can afford, so as to lay a solid foundation for the sustainable development of the real estate market in the future. Lay the groundwork.

On this issue, we would rather sacrifice the speed of economic growth than tolerate the continued growth of price bubbles.But it is not the solution to constantly sacrifice the speed of economic growth. What we need to do is to accelerate the development of the service industry.

In order to better stimulate domestic demand, the government can adopt targeted expansionary fiscal policies.Stimulating investment in the service industry is not only conducive to improving the imbalance in the economic structure, but also conducive to stimulating domestic demand under the impact of the subprime mortgage crisis and maintaining the sustained and rapid development of the macro economy.

Therefore, Sun Zujie proposed to introduce a series of measures to promote the development of the service industry in order to hedge against the decline in foreign trade growth and the upcoming employment problem.

Sun Zujie finally said, “GDP growth does have a lot to do with employment, and the availability of full employment is related to social stability, and even the survival of the regime.

But it must be admitted that there are relatively serious structural contradictions in the employment problem I have experienced.With the increase of labor costs, labor-intensive industries have gradually experienced labor shortages, but college graduates have encountered serious employment difficulties.

What we have to do now is to solve the employment problem in a targeted manner, instead of restricting a GDP added value in general. This cannot solve the problem precisely.During the economic downturn, we cannot insist on rapid growth, what we need to do is to solve problems precisely.

The vast majority of labor-intensive industries employ migrant workers. We have vast rural areas as a buffer, so employment in this area, even if a financial crisis occurs, is not a top priority in my opinion.

What we need to focus on is the employment of college graduates. Once there is a financial crisis, we don't have so many high-level jobs waiting for these graduates. employment. "

Immediately afterwards, Sun Zujie put forward some points on the employment of college students, such as encouraging college students to start their own businesses, and incubators in various places can do some work. Preferential policies;

For example, the privy system has a lot of demand for high-level university graduates. This area can be tried and expanded. Sun Zujie believes that it is not a problem to solve the employment of 10,000+ people.

For example, increasing the enrollment of graduate students;

For example, increase the elimination of civil servants and public institutions, and increase the recruitment of college students;

For example, increase the number of college student village officials and college students in the western frontier areas, and try to improve their treatment;

……

Sun Zujie’s meaning is obvious. In his opinion, if the financial crisis has an impact on the regime, college students are the most likely to have problems. As long as their problems are solved, even if the GDP growth rate drops, there will be no serious problems.

After listening to Sun Zujie's report, the bosses gradually understood that Sun Zujie would rather pay the price of economic growth decline than casually stimulate the economy. He is determined to speed up the adjustment of economic structure and realize industrial upgrading as soon as possible. .

To put it bluntly, Sun Zujie chose a very difficult path, and the reason why he did so was not only his sense of responsibility, but perhaps his great expectations for the development of Huaguo.

In a burst of applause, Sun Zujie ended his speech, but he was not optimistic because he realized that most leading comrades lacked sufficient understanding of the scale of the financial crisis. They believed that the financial crisis was only temporary, but the fact is that On the contrary, this crisis will have far-reaching consequences.

This difference in judgment is likely to cause some comrades to misjudge at critical moments and affect the implementation of policies.The reason why Sun Zujie made such a judgment is because most of the leading comrades are more focused on the change of term.

For example, at this meeting, the debate about the arrangements for the younger generation was more intense than he expected.Of course, this is not surprising. Sun Zujie's current strength has made too many people realize that some things must be finalized faster, or he will turn his back on it by then!

Originally, the arrangements for several young people had already been finalized. The central bureau meeting in April passed the nomination of the central meeting. Wang Pingqiu took over as secretary of the Shuofang District Committee. After it was released, it quickly attracted attention within the system, and even at home and abroad.

Wang Pingqiu is 43 years old this year. In fact, his progress is not as fast as his predecessor Sun Zujie. After all, Sun Zujie succeeded the mayor of Yandu at the age of 41.

Although the mayor of Yandu City is only the second in command, this position has a high gold content. From the fact that the current Mayor of Yandu City and two successive local secretaries can only take office, it can be seen how quickly Sun Zujie was promoted back then.

But everyone in the party knows that Sun Zujie has excellent qualifications. In the era of rapid promotion of cadres in the 80s, because of his age, although he made great contributions, he was hardly promoted, so let him become the mayor of Yandu in one step. Although it is a bit faster, no one said it shouldn't.

However, Wang Pingqiu's qualifications, contribution and ability are far inferior to Sun Zujie's. At his age, he has become the No. [-] provincial unit.

The most important thing is that his age is too suitable. Public opinion at home and abroad almost unanimously believes that he will be an important member, even the core, of Xia Guo's leadership team after Sun Zujie.

So during the Summer Capital meeting, some people were a little sour and said some strange things, and then some important old comrades also started to speak, thinking that more comrades should be cultivated.

Mr. Gong had no choice but to explain that we are not just training him, we are also planning to train other comrades, but the time has not come and we have not had time to release it.

Then the comrades at the enlarged meeting of the Central Bureau were surprised to find that the young Qi Linsen would be the mayor of Shancheng City; Gao Xiyuan will be the secretary of the Youth Committee; and Wei Hu, the current secretary of the Youth Committee, will also be delegated to be the deputy secretary of the Xihai Provincial Party Committee and secretary of the Qingtang Municipal Party Committee (at the provincial level).

In addition, Comrade Ji Jian has already served as the Governor of Shonan. In this way, seven more young comrades in the age group of 45 to [-] were trained in one breath. Then, without accident, some comrades were even more dissatisfied up.

Cultivating the younger generation and doing a good job in echelon training of cadres are the fine traditions that Xia Guo has formed since the reform and opening up. The current members of the Central Committee are basically beneficiaries, so it is not surprising that there are seven young ministerial-level cadres.

But what annoyed everyone was that there were actually four comrades who were closely related to the Youth Committee system, occupying more than half of the country.Although the big guys have plans in the Youth Committee, but so many people come from the Youth Committee, it is a bit too much.Tao Guohui, what do you want to do, do you want to dominate the family in the future?

So afterward, around the future of the young cadres, a round of big PK began, and everyone was arguing.In fact, the reason for such a situation was not only due to Sun Zujie's thinking, but also a reason he ignored, and this reason is the most critical, that is, Tao Guohui's prestige has been seriously shaken.

At the beginning of the year, Mr. Liao's madness not only represented himself, but also represented a large group of old comrades. His ideas had a broad mass base. I have doubts, and I am not willing to arrange the younger generation according to Mr. Tao's thinking.

A large number of young cadres from the Youth Committee have entered the political arena, which means that in the future, the Youth Committee will become a very powerful force in Xia Guo's political arena.Sun Zujie may be fearless. After all, there are many young people in his Huatou department. When he takes office, he can promote these young people to compete with comrades from the Youth Committee.

But the old comrades can't do it. If they don't make arrangements, they will really run out of time, so it becomes very necessary to take advantage of Tao Guohui's prestige sweep to complete the arrangements for the younger generation.

The four comrades from the Youth Committee, Wang Pingqiu and Ji Jian, have already been appointed, let alone; Wei Hu, it seems that the relationship with Tao Guohui is not very close. preferred.

In the end, Gong Yongsheng and Sun Zujie's excuse was that Weihu had served as a local county magistrate and secretary of the county party committee, had good local work experience, and was ranked first in the youth committee, so they forced him to be the new secretary of the youth committee.

And this time, Gong Yongsheng's excuse was to follow Ji Jian's precedent and arrange for Weihu to be the deputy secretary of the Xihai Provincial Party Committee and secretary of the Qingtang Municipal Party Committee, and he would take over as the governor two years later.

Doing so is actually suppressing Weihu. The reason is that Xihai is a province with a small population, and the total population of the province is even smaller than that of a prefecture-level city in the south.

Therefore, the governor of Xihai seems to have a high status, but in fact his influence is not great, and the economic level of Qingtang City is even far inferior to that of a county-level city in the south. can't get in,

In other words, Weihu, the secretary of the Youth Committee, is actually only the future of the deputy secretary of the Youth Committee, but Gao Xiyuan is different. Even if he transitions from the deputy secretary of the provincial party committee, he is likely to be a vice-provincial city with a strong background. Secretary, such a promotion would actually supplement his qualifications for a first-level prefecture-level official position.