Chapter 52 Appreciation

The ups and downs of the Flower Forest seem to have no effect on Zhao Guodong who was studying and training in Andu. He has such a rare leisure time. Although he is also concerned about the matters in the Flower Forest, since the city has left himself aside and let Cao Yuan take charge of the work, Zhao Guodong is happy to be free.

The storm at the county party committee standing committee and the subsequent turmoils were like huge rocks falling down the originally uneven lake surface. The water waves spread around in circles. Even Liu Ruhuai was indirectly concerned about the matters in the Hualin. After all, his deputy was taken away by the procuratorate, while the chief officer was studying leisurely at the provincial party school, which looked a little different.

In addition to the initial history of China's revolutionary construction, the subsequent courses were quite interesting, especially the introduction of Guangdong's economic development overview and experience, the debate on the economic development model of southern Jiangsu, the development status and discussion of Zhejiang's private economy, the discussion of the socialist market economic system, and this series of targeted lectures and discussions quickly mobilized the interests of a group of county party secretaries and county magistrates who were not very interested in it, and also made county party secretaries and county magistrates who were accustomed to participating in various trainings feel that this training is indeed a little different from previous trainings.

In addition to the teachers from the Provincial Party School, many of the teachers who came to attend the lectures came from Beijing and the province, the Chinese Academy of Social Sciences, Renmin University of China, the University of International Business and Economics, Zhejiang University, Anyuan University, and Sun Yat-sen University. Many of them are frequent visitors who often give lectures at local party schools. This time, they traveled thousands of miles to give lectures, which is enough to show the attention and expectations of the provincial party committee and government this time.

"Hehe, Guodong, this time it seems that the province has spent a lot of money. Look at the origin of these professors. I'm afraid that it will cost a lot of money to ask them to teach for two days?" Taking advantage of the break, the county party secretary and county magistrate also gathered around the teaching teachers to discuss the issue. Liu Ruhuai and Zhao Guodong did not join in the fun. Tang Quanding, the neighbor of Zhao Guodong, originally wanted to join in the fun, but when they saw that the two did not move, they sat down.

"Old Liu, have you heard of it? This time Governor Ning made up his mind and was said to have communicated with Secretary Yang on the training course. Governor Ning asked to abandon those unrealistic things, so that these students could broaden their thinking, grow their horizons, and truly touch them in two months. These courses were personally approved by Governor Ning and Secretary Yang. Hehe, it seems that if we don't make progress, Governor Ning will use a whip to whip behind our butt and drive us forward."

Tang Quanding was the county magistrate of Yuanxing County below Huaiqing City, and is also a typical poor county. However, Huaiqing's overall situation is slightly better than that of Ningling, and ranks in the third echelon among the four major echelons in the province except Andu. It is on the same level as Nanhua and Yongliang cities, but Yuanxing County is a middle and lower-level county among the counties under Huaiqing, and its economic conditions are not good.

"In the past two years, the development of coastal areas has become faster and faster, and the distance between them and our inland areas has become larger and larger. Governor Ning came from Jiangsu and Zhejiang, so he naturally paid great attention to the economic development of coastal areas. The economic development in various parts of our province is also very unbalanced. The better the good, the worse the worse the worse. I think this also reveals a message to us, that is, the speed of economic development determines the main leadership ability and political achievements of a region, which is probably the most important indicator for leaders to promote and reuse."

Zhao Guodong smiled and said, "Now, the GDP of a city in Shenzhen can be used as a province in some of our inland provinces. Hehe, wealth has a gathering effect. The better the economic conditions, the better the investment environment, and the higher the administrative efficiency of local governments. Turning over, the improvement of the environment and service efficiency directly promotes the increase in foreign investment, making the local economy grow faster. In this way, the distance between us and the coast is getting bigger and bigger. Do you think leaders can't be in a hurry?"

"That's true. I've been to Shenzhen. There are basically no idle people on the streets. I walk and do things in a blazing manner. I always have a light meal at noon. I go to work after eating. I talk about things when I have something to do. If I meet the conditions, I don't think it's fast to put a program here for two or three days. After a project, I have to stamp the approval procedures and seal it with more than a dozen, and I have to be thoughtful in all aspects. Otherwise, the power department will have to find you wrong. Just wait and be sad." Tang Quanding also agreed with Zhao Guodong's opinion, "That's it, why do other investors not invest in the coastal areas? The transportation conditions are convenient, the administrative efficiency is high, and the infrastructure is sound. In addition to some resource-based or infrastructure-building industries, if I had to invest in the coastal areas, I would have to invest in the coastal areas. Our Yuanxing County has to work at the coastal areas every year!"

"The country has not relaxed its policies in the resource-based industry and infrastructure construction industry. It seems that foreign capital has no chance to come in. Which one has relaxed its railways, electricity, and communications? Our Anyuan has been at the forefront in inland provinces. At least the road construction is still open to foreign capital. Isn't Angui Expressway and Anyu Expressway controlled by foreign capital? I heard that it was also promoted by Governor Ning and Governor Su who had already left." Liu Ruhuai also intervened, "The downstream industrial chain of the resource-based industry has been relaxed, but the upstream industries have not been relaxed."

"There are some problems in the national economic policies in the past two years, especially in the reform of large state-owned enterprises. Originally, the opening of the stock market was a good opportunity. It can allow some companies with optimistic outlooks to obtain a financing platform and become bigger and stronger. However, the country regards the stock market as a blood bank. Those terminally ill state-owned enterprises can obtain listing indicators to transfusion blood from the stock market to maintain operation. However, the shareholding system is not a magical pill, which can cure all diseases. In addition, the barrier between circulating shares and non-circulating shares, hehe, look at those listed companies, make profits in the first year, remain unchanged in the second year, and lose a lot in the third year, and then they will not recover. If this continues, it will greatly dampen the enthusiasm of Chinese stock investors."

Zhao Guodong sat on the desk and said nonsense: "Looking at the long bear market in the past two years, you will know that our country's stock market has not yet matured. How can the country's economic development be so good but it is a bear market all the way?"

"Oh?" Pei Huaiyuan, who had answered several classmates' questions, walked down: "Xiao Zhao, are you studying in this class too?"

"Professor Pei!" Zhao Guodong did not expect Pei Huaiyuan to walk behind him and jumped down quickly. Tang Quanding and Liu Ruhuai also greeted him quickly. Zhao Guodong added: "I'm here to make up for the numbers."

"Are you saying I am King Xuan of Qi?" Pei Huaiyuan laughed humorously, "Being able to enter this class means you work hard and you are not embarrassed. By the way, I heard your analysis of the stock market just now that I still feel a little unsatisfied. Why, what do you think of our country's stock market?"

"I don't dare to show off my skills in front of Professor Pei." Zhao Guodong quickly smiled and shook his head.

"Everyone expresses their own opinions, and everyone has their own opinions on things, which is nothing." Pei Huaiyuan obviously attaches great importance to the opinions of these secretaries and county magistrates from the grassroots level. It is also a rare opportunity to hear the views of these front-line grassroots leaders.

Seeing Pei Huaiyuan very serious, Zhao Guodong no longer grasped it: "Professor Pei, I said just now that the stock market in our country has lost its original function. Like other Western countries, especially the stock market in the United States, it is actually a good financing platform. Dow Jones and Nasdaq represent traditional industries and emerging industry markets respectively. As long as you are creative, potential, and have the basic functions of modern enterprises, you can obtain capital support in the stock market and grow rapidly. But the stock market in our country is just the opposite, those who are dying are indomitable.

Jing's state-owned enterprises have become burdens for local governments. In order to get rid of these burdens, the hard-won listing indicators are often given to these enterprises. After careful "packaging", they will make a debut. After one or two years, they exhausted the funds from the stock market circle and became abandoned again. What is hurt is the confidence of investors and the stock market. However, those companies that have growth potential and need urgent financial support often cannot obtain listing qualifications due to system, ownership and government bias, which kills their opportunities for growth and development. These enterprises are often the best targets for listing."

Pei Huaiyuan nodded and signaled Zhao Guodong to continue.

He also agreed with this view and even put forward his own views in some professional magazines, but he did not receive mainstream support. However, it coincided with the views of the current Governor Ning Fa and Cai Zhengyang, who has been transferred to the deputy director of the State Economic and Trade Commission. Especially Ning Fa, who often discusses with Pei Huaiyuan about the establishment of the modern enterprise system and the restructuring of state-owned enterprises. The two are very close. When Cai Zhengyang returns to Andu, the three of them will sit together and chat.

Zhao Guodong had some impression of him, because it was because of Cai Zhengyang. Although he had a good opinion of Zhao Guodong last time, he thought it was because Zhao Guodong was often with Cai Zhengyang. However, this time Zhao Guodong's views seemed to have gone beyond the scope of discussions with him, Cai Zhengyang and Ning Fa, so he really wanted to listen to this guy's deeper views.

"The Chinese stock market should also be like the stock markets of other Western countries. It should be a platform for financing enterprises with growth potential. At the same time, reform the system that coexists with outstanding shares and non-circulating shares, which does not conform to the development trend, let non-circulating shares enter the market as soon as possible, and eliminate the impact of this freak that may have on the modern stock market as soon as possible. State-owned enterprises can enter the stock market for financing, collective enterprises and private enterprises can also. Since the state has determined that private enterprises are a beneficial supplement, that is, they recognize the existence status of the private economy, of course they can also raise funds in the market. Neither the financial market nor the securities market should discriminate. On the contrary, private enterprises should be supported because of their flexible mechanisms."
Chapter completed!