Chapter 1715: A Road Made Where There Is No Road

Businessmen with strong ideologies are still a minority. In such unofficial occasions, they do not have to be consistent with the official statements of their own countries.

Those who come to listen to today's discussion are naturally mainly businessmen. They either have business in China or are preparing to do business in China. Their understanding and cognition of China is not like those residents in their own countries who have never been to China and still look at China with the old eyes of the past, nor are they like those politicians in their own countries who need to cater to voters.

Although there are still many problems in China today, it is fair to say that the changes she has undergone in the past 20 years are profound, amazing, and beyond their expectations, or in other words, earth-shaking.

Although there are differences in national conditions and cultures, and therefore there are certain differences in the cognition of some things, such as human rights and freedom, many common emotions are interlinked.

The Chinese people have made great efforts for a happy life, especially those entrepreneurs who have already done business in China.

Such efforts deserve respect!

"Thank you," Feng Yiping said, not sensationalism, but his true feelings.

Why do so many Western economists always stumble on some Chinese economic issues? It is because they do not know what kind of power the Chinese people can burst out for their lives, and how much pressure they can bear for their lives.

Due to poor supervision, they bear all kinds of chaos in the administrative departments with a wry smile; they bear the high inflation that will make residents of many countries take to the streets with gritted teeth; they are dissatisfied with the high housing prices that can only afford one house in a lifetime, or even in several lifetimes, but they still shake their heads and bear it. In order to be eligible to buy a house, many couples even apply for fake divorces...

Where can such things be found elsewhere? Only the people of our country can bear them one by one.

Our resilience is beyond everyone's cognition.

"Thank you. Therefore, if we want to think about the prospects and challenges of China's economic development, we must first realize that the efforts that more than one billion Chinese people can make for a happy life are the solid foundation of China's economic development, and can also be said to be the most basic aspects of China's economy."

"Next, there is another factor."

"The economic transformation that our country began more than 20 years ago is an unprecedented initiative in human history. This is a creative path that our ruling organs have found based on our actual situation and our national conditions without any reference."

"Our ruling organs can always find the most suitable path for us at the critical moment of history. This is another favorable guarantee for the rapid and smooth development of our economy in the future."

Although there were problems later, those problems were all developing problems; although many times, we still have great opinions on some things, such as the growing gap between the rich and the poor and the rising housing prices, but after thinking calmly, who can say that we have not benefited from reform and opening up?

At least overall, our reform and opening up is inclusive.

Next, Feng Yiping also used data from the aspects of demand, savings, and debt, such as China's car sales of more than 10 million, China's high savings rate of more than 45%, and China's sovereign debt of only more than 40% compared to GDP... to explain other reasons why China's economy will continue to develop rapidly and steadily in the future.

"I believe everyone has noticed that since the dramatic changes in the Soviet Union and Eastern Europe more than ten years ago, many so-called experts have proposed the theory of China's collapse,"

The two guests from China on the stage were a little unnatural at this time. They really didn't dare to mention such a sensitive issue in such an occasion. Feng Yiping is really bold.

Feng Yiping is not bold, he is confident, and he is confident that he can make those who made those remarks feel ashamed.

"But after the dramatic changes in the Soviet Union and Eastern Europe, we not only withstood the huge pressure from all sides, but also continuously improved the system with Chinese characteristics and further promoted the process of reform and opening up. Finally, since the mid-1990s, our economic growth rate has maintained an incredible double-digit rate for a long time."

"So soon, many scholars turned their views on the theory of China's collapse to the economic field."

"During the Asian financial crisis, when the fastest-growing economies in Asia suffered economic crises one after another, many experts vowed that China would be the next."

"But when the crisis stopped spreading, our economy was hardly hit hard. This was because we fulfilled our responsibilities as a major country during the crisis and did not devalue the RMB. In 1998, our economic growth rate still reached an incredible 7.8%..."

"Then in 2001, I believe everyone will still remember a best-selling book that year. It was a legal scholar - let's call him a legal scholar, who published a book on the Chinese economy."

Laughter broke out from the audience.

"Yes, it's the book 'China is about to collapse'. Have we collapsed? No,"

"In 2002, the author said that the WTO can't save China. To be honest, we don't seem to expect, nor do we need, the WTO to save us,"

"In 2003, he used SARS to exaggerate the theory of China's collapse. This time, I saw in the United States that many American scholars and business leaders directly said that your theory of China's collapse only exists in his book. , does not exist in China’s reality,”

There was a person in the audience who smiled and raised his hand, showing it to the surrounding people a little proudly. It was a friend of Feng Yiping's, the honorary chairman of Morgan Stanley Asia, Walworth. Among those who criticized the writer at that time, With him, "Thank you Mr. Warworth," Feng Yiping said with a smile.

"Next, perhaps after accepting this lesson, the author seemed to be more cautious at the beginning of last year, saying that China might collapse?"

"Hahaha," his words were like a stand-up comedy, making everyone on and off the stage laugh.

"But I don't know what gave him the confidence. At the end of last year, he returned to the old tune of China's collapse. But everyone knows that last year, China's economic growth still exceeded 10%,"

"Of course, I believe that the expert who has provided everyone with a lot of jokes will do the same this year. What will he say this year? Maybe he will say this year, 'China has collapsed halfway.' Who knows? ?" Feng Yiping spread his hands, "Who cares?"

"Anyway, many of my friends, including those in the United States, immediately let go of their worries when they heard him talk about China's collapse."

"Hahaha," this time, even the host Ms. McKinnon laughed with the audience.

"I actually sympathize with him, because I worry that our good development will make him 'about to collapse,'"

"Hahaha," the applause resounded with laughter. Some people were even asking acquaintances if the author had also arrived in Davos. If so, they would really like to see his face at this time.

However, with that person’s level, it’s obvious that he can’t come to Davos.

“Yes, in the future, we will naturally encounter problems in our development, but with so many of our hard-working citizens and our always clear-minded and capable governing bodies, we will definitely work together to solve our problems perfectly. problems encountered,”

"We will continue to provide more high-quality products to the world, and our increasingly affluent citizens will increasingly become the world's largest consumer market, thus generating more and more import demand...,"

"More than 90 years ago, one of our great writers said this: There is no road in the world, but when more people walk on it, it becomes a road."

"This is how we go,"

"We have always been good at finding a path out of nowhere, out of thorns, into a smooth path...,"

"...China's economy will be the engine of the world economy, so our smooth road will also be the world's smooth road. The above is my opinion. Thank you all,"

The warm applause drowned out host McKinnon's words. Before she could announce, many people in the audience raised their hands and rushed to ask questions, including Kato.