Zhejiang Business ● Singapore Conference

Zheng Yongnian said that in modern times, the United States has always had a strong sense of mission for China. He hopes that China and the United States will do MDASH; mdash; embark on the road of democratization, but in fact, China has no major problems at the macro institutional level. China is facing.The problem of human beings, so it is necessary to create a middle class of Chinese cultural culture.

Liu Liu report

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Generally, public opinion believes that Western countries can achieve high development because of their superior political system, but Zheng Yongnian, a scholar who has observed Chinese issues for a long time, pointed out that Western achievements are because of the formation of cultural middle class, not because of Western democracy, and the Chinese economy.To transform into a quality economy, the next step is to create a middle class of culture.

Zheng Yongnian, a professor at the East Asia Research Institute of the National University of Singapore, attended the 2019 Zhejiang Business Singapore Conference yesterday morning to make the above point of view entitled how the Western World views the rise of China.

Zheng Yongnian said that in modern times, the United States has always had a strong sense of mission to China. He hopes that China and the United States will do each Mdash; mdash; embark on the road of democratization, but in fact China has no major problems at the macro system. China is facing.It is a person's problem, so it is necessary to create the middle class of Chinese culture.

One person, one vote for democracy is planning politics

He pointed out that one person in the West one vote and one vote of democracy cannot produce valid government that can solve problems, and criticize the democracy of one person and one vote is actually planning politics.The planned economy that China once implemented assume that everyone's needs are the same. Planning politics assumes that everyone's IQ and the ability to collect information and information are the same, and they can treat the information collected rationally, but this is not actually the case.

Zheng Yongnian said: If lsquo; plan economy rsquo; if it fails, the democracy of one person will still fail.

After experiencing various crises in the West, it can still retain high -quality capital and technology. Zheng Yongnian believes that there is a cultural middle class as a carrier of economic prosperity.

He emphasized that there is no major problem at the macro -system level, but at the individual, China needs to create a cultural middle class.In the material sense, although many groups in China have reached the middle class, they are still culturally immutable and even rogue.In this mentality, it is difficult for China to shift from a quantitative economy to a quality economy.

He also pointed out the incident of libraries in Gansu recently. LSquo; lsquo; burning book rsquo; definitely not the will of the leadership, it is caused by the high quality of people.

China has not found a mechanism for protecting wealth to make wealth value -added mechanisms

Zheng Yongnian said that China has found a mechanism for creating wealth, but has not found a mechanism to protect wealth and increase wealth.Chinese society is now because of too many rogues, and rich people do not take care of the poor.

The wealthy society needs a wealthy personality and has no rich personality. This society is rich and cannot be maintained even if wealthy. Zheng Yongnian said that if the economy wants to develop, it should start with entrepreneurs. This is the same in Western society.

Speaking of the contradictions between the West and China, Zheng Yongnian believes that after the financial crisis in 2008, Western society has caused many problems in politics and economy. The middle class ratio of the United States has fallen below 50%.The judgment of many issues is correct, but the way he uses is unacceptable.Trump launched a trade war to externalize the internal contradictions of the United States, but these contradictions are a problem of the West itself, and it is difficult to solve it through the trade war or war with other countries.

As for China's slowdown in economic growth in recent years and the uncertainty of China, Zheng Yongnian believes that after the reform and opening up, China pursues growth every year, but numbers are not so important.If according to the traditional algorithm, China's GDP is overestimated, but the large number of GDPs in China have not been calculated. GDP is very simple. You wash your own clothes, I wash my own clothes, there is no GDP; I will help you wash your clothes.You help me wash clothes and have GDP. Many economic activities in China have not estimated to enter GDP.

He believes that many people are worried about the development of China, but he believes that China is the most certain country. Although there are too many places in the Chinese Communist Party to be improved, as long as the Communist Party exists as a subject, the development of China's economic development will come from 5 to 10 to 10 in the future.No problem, and 5%of GDP growth is enough.

Zheng Yongnian said that compared with the United States, Singapore and other countries, China's per capita GDP is less than $ 10,000 (S $ 13,600), which means that China still has a lot of room for development and there is a huge domestic demand market.He believes that 65%of economic growth in China currently comes from domestic demand, and the proportion of trade is getting smaller and smaller. The power of the United States is not because of democracy, but its market. In the future, China is also in the market.The middle class should start from this generation, so that China has hope.