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[Lecture Hall] Song Ze: Transforming methods and adjusting structures without a market is “absolutely impossible”

Published: November 3, 2011 Edit:

w88 casino News Network (Reporter Li Hui)With the promulgation of the Twelfth Five-Year Plan, "transforming the economic development model and promoting the sound and rapid development of our country's economy" has increasingly become an important task in our country's economic construction. But at the same time, questions arise one after another: When maintaining growth and adjusting structure conflict, who gives way to whom? In the adjustment of economic structure, who will take the lead, the government or the market?

11month2Riwan Boxue Building6066946_7004Key issues in changing the mode of economic development.

The atmosphere is warm

Ambitious goal, difficult situation

Song Ze’s theme of this lecture is “The Top Issue among Economic Issues”. He believes that currently in China, it is urgent and very difficult to transform methods and adjust structures: “This requires extremely high requirements for reform and innovation of mechanisms and systems. ”

Song Ze admitted that my country's current economic structure is very unreasonable, manifested in extensive management, a large but not strong manufacturing industry, and serious convergence of regional industrial structures. "It is easy to maintain growth, but difficult to adjust the structure. Accelerating economic structural adjustment is the top priority." Song Ze said.

Song Ze is a guest at the Financial Lecture Hall

The “invisible” market and the “restless” government

"The hand of the market is becoming more and more 'invisible', while the hand of the government is becoming more and more 'unavailable'." Song Ze's to-the-point comments attracted warm applause from the audience. Song believes that the aggregate principle is the strength of the government, and structural adjustment is the strength of the market. The government's grasp of the aggregate structure will inevitably lead to the distortion of the current economic and industrial structure. Song compared administrative intervention in the economy to the "meeting economy" and pointed out that it only pursues immediate hard effects but ignores long-term soft power.

Song Ze expressed his opinions on how to scientifically adjust the economic structure. "First of all, we must complete the transformation from 'top-down' to 'bottom-up.'" Song Ze proposed that in adjusting the structure, there should be less administrative intervention and more market regulation. Secondly, Song believes that the pricing of resources and energy should be changed from "the government takes over" to "a combination of regulation and deregulation, with regulation as the main focus." At the same time, Song expounded on the necessity of promoting the penetration and integration of producer services and manufacturing, and gave them the philosophical theme of "harmony in competition". Finally, Song emphasized the regulating role of the service industry: "China not only wants to fill the world with goods, but also wants to fill the world with shops."

Song Ze discusses economic issues with students from the University of w88 and Economics

Reliable talents in the era of “wrangling”

At the beginning and end of the lecture, Song Ze vividly summarized China's "bargaining" in world w88 negotiations with the "era of bargaining". "Walking is an art." Song Ze said with a smile, "I hope that the University of International w88 will cultivate negotiators with both wisdom and patience."

In an interview, Song expressed his expectations for students from the University of w88 and Economics: “Times have changed, and today’s scholars must have ‘two ears to hear things outside the window’. Song Ze hopes that this lecture can help students from the University of w88 and Economic Development grasp the economic trends, find the direction of self-study, and enhance their sense of responsibility to society.

Finally, Song Ze said sincerely: "I hope that students from the University of w88 and Economics can become 'professional managers' rather than 'professional conference takers.'" Although his words were short, they had profound meaning.

Song Ze accepts flowers from University of w88 and Economics students

Finally, Song ended his wonderful speech of more than an hour with "Change the method and adjust the structure. The market is not omnipotent, and no market is absolutely impossible."

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