According to Japan's calculation, just last year in 2005, China's RMB began to rise significantly under the pressure of the United States. So far, the exchange rate has changed from 1:8 at the beginning of the year to 1:7.88.

Compared with the central price of 8.27, which has been stable for more than ten years, it has appreciated by more than 5.

In 2006, various funds coincidentally began to flow into real estate. The real estate market in various places, especially the land market, has been heating up significantly.

Comparing China's current situation with Japan's back then, we can really see that there are many similarities. Therefore, some experts from the Policy Office of the State Council immediately became alert and began to discuss the relationship with Japan's real estate bubble.

It is used to warn various departments and officials of the central government.

Experts predict that if China's hot money is allowed to flow into real estate, it is very likely that Japan will make the same mistake in a few years, causing great trauma to the national economy and jeopardizing decades of reforms.

The achievements of openness evaporated.

Xiao Qi has recently acquired a lot of economic knowledge. He is constantly studying various economic materials and literature from China and abroad. He is no longer the technical otaku who didn't know much about anything after his initial reincarnation.

Seeing this warning, Xiao Qi discovered that the experts at the central government were actually not as incompetent as what was said on the Internet. The fact that they were able to take action so quickly proved that they were not just freeloaders.

I am afraid that in the end it was due to various reasons that the suggestions of these experts were not actually implemented by the local government.

"Local finances are very difficult now, and many construction projects cannot be carried out. Therefore, many places are selling land to obtain a large amount of funds as a major supplement to local finances. In this way, the real estate industry will inevitably increase

The temperature rises, which leads to the continued rise in housing prices." Seeing him finish reading, Niu Ruzheng said slowly, "This trend is inevitable in a short time. What our central government is worried about now is how the continuous rise in real estate will affect the people.

What a burden it will bring! Will it really collapse like Japan? In that case, we will become the sinners of history."

By absorbing a lot of economic knowledge, especially reading foreign materials, Xiao Qi knew that the reason why local finances often cannot make ends meet was because of the tax-sharing system implemented by Mr. Zhu at that time, which suddenly transferred almost all tax revenue to the central government.

As a result, local finances have to rely on central funding for everything. It has to be said that there are some obstacles to urban construction.

Of course, the tax-sharing system is of great benefit to the entire country and its people, because with the money in hand, the country can effectively contribute to some thankless infrastructure construction, poverty subsidies, social welfare and pensions, disaster emergency response, etc.

Great mobility, otherwise no one will be able to manage this family well if they don’t have money.

Since the state cannot take care of many aspects of the city, local governments have been looking for new sources of fiscal revenue over the years.

After much searching, I finally settled on real estate.

Last year and this year, the entry of large sums of money was an obvious test.

As long as the state does not strictly prohibit it, the prosperity of real estate is inevitable.

Judging from the experience of later generations, it is true that the country realized the difficulties of local finance and relaxed it at the beginning.

Including the central and local governments, they did not expect that after this liberalization, real estate became a wild horse. Not only did it develop rapidly, it also kidnapped the local and central finances, so that in the end the country had to use the most severe measures.

By using various means and suppressing real estate one after another, this wild horse was tethered.

Xiao Qi related the present and the future and believed that if the system was built more perfectly at the beginning and the regulations were stricter from the beginning, things would not be so troublesome in the future.

Thoughts flashed by, Xiao Qi asked: "Uncle Niu, you have so many think tanks, why do you want to ask me, a young man? Aren't you afraid that I will take your thinking into the ditch?"

After being surprised, Niu Ruzheng shook his head and laughed: "You, you are such a cunning guy! You don't want to cause trouble, right? 'It's better to say nothing than to say nothing'. This old saying does not apply to today! What's the matter?

My thoughts are all honest with Uncle Niu. If I understand it wrong, the responsibility will be my own!"

"A thousand words are worth a thousand words but a silence" was the wise saying of Zhang Zhongtang who served as an official in the Kangxi and Yongzheng dynasties. It was also based on this that he remained in the first rank of officialdom for decades, and his divine grace remained undiminished.

Return home with honor and enjoy a happy life.

In short, what this sentence means is that whatever you say or do will lead to various consequences. Rather than doing these things that you don’t know what the consequences will be, it is better to say nothing and say nothing.

If you don't do anything, you can live a peaceful life.

Zhang Zhongtang's words are very popular in official circles. In fact, many officials do this.

In a more fashionable way, it would be three words: inaction.

Xiao Qi also smiled. He didn't mean to say it at all, he was beating around the bush, the purpose was to get Niu Ruzheng to give him a "gold medal to avoid death."

As a young man with kindness and bravery in his nature, Xiao Qi certainly does not want to see the country of China go down the same wrong path as in his previous life. Being able to guide his country to a better future is definitely what the young man has always dreamed of.

of.

He also made tablet computers to make the Chinese nation's industry stand at the top of the world again. Now what Niu Ru is asking is more beneficial to the country and the people, and he is absolutely willing to take on this responsibility of disciplining.

"Then let me tell you what I'm saying? I'm young and ignorant. If it sounds bad to you, Uncle Niu, just treat it as a joke." Xiao Qi still pretended to be dull and said.

"Say it!"

Niu Ruzheng will not be deceived by his appearance. An eighteen-year-old boy started from scratch and became the richest man in China within half a year. Although it is only on the surface, but such amazing talent and ability, how can it be?

Can ordinary people have it?

What Confucius said is that some people can "know it from birth", and I'm afraid he is talking about people like Xiao Qi.

Although Niu Ruzheng is now only the director of the State-owned Assets Supervision and Administration Commission, because he is the future successor that the leadership has focused on cultivating, he directly passed over the Central Committee alternate committee and became a member of the Central Committee with only more than 100 people in the country. In addition to

In addition to the affairs of the State-owned Assets Supervision and Administration Commission, he is often involved in other affairs of the State Council, especially economic-related affairs.

On the one hand, it was the pleas of the local government, and on the other hand, it was the warnings of experts. Niu Ruzheng originally wanted to listen to the voices of knowledgeable people.

It happened that yesterday I heard from Tang Quan that Xiao Qi had come to the capital. Niu Ruzheng immediately thought of this amazing young man and wanted to see what he thought.
Chapter completed!