Shenzhen would surpass silicon valley in 10 years
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Mr. Zhang Wuchang, one of the founders of famous economist, new institutional economics and modern property rights economics, is the chief economist of the forum. He is the professor and director of Peking University New Structure Economics Research Center. Prof. Lin Yifu, President of the People’s University of China, Prof. Liu Wei, President of the Renmin University of China, Dean of the School of Economics of Fudan University and Professor Zhang Jun, Director of the Center for Economic Research of China; Vice-Chairman of the NPC Standing Committee; Vice Chairman of the Financial and Economic Committee; Chairman of the Board.
In the morning session of this forum, the economists on the basis of their own research, have published a number of important issues on the Chinese economy keynote speech.
Among them, the famous economist, the new institutional economics and modern property rights, one of the founders of Mr. Zhang Wuchang, talking about China’s recent soaring housing prices, said that in his view, the direct cause behind the price of three main points : First, college graduates, especially the choice of science and technology talent influx of technology innovation-oriented cities, increased demand; Second, the manufacturing sector is facing difficulties in building factories, this part of the funds used to build factories into the property market; Third, the RMB is currently in a weak position, can not flow out of the country, so a large number of domestic capital have chosen to invest in the property market. 2
Among them, the famous economist, the new institutional economics and modern property rights, one of the founders of Mr. Zhang Wuchang, talking about China’s recent soaring housing prices, said that in his view, the direct cause behind the price of three main points : First, college graduates, especially the choice of science and technology talent influx of technology innovation-oriented cities, increased demand; Second, the manufacturing sector is facing difficulties in building factories, this part of the funds used to build factories into the property market; Third, the RMB is currently in a weak position, can not flow out of the country, so a large number of domestic capital have chosen to invest in the property market.
Mr. Zhang Wuchang said, Shenzhen is a typical technological innovation city, at the same time, Shenzhen is rapidly rising house prices are representative. At the same time, Zhang Wuchang said he had predicted that Shenzhen will surpass Hong Kong in two years, Sure, Shenzhen will soon be done; Now, he proposed a new forecast – Shenzhen will be within 10 years beyond the US Silicon Valley.
In addition, Zhang Wuchang also said that the current price changes in China and other economic issues, to a certain extent, due to the previous adjustment of China’s original economic system is not correct. China’s development path has been praiseworthy, China’s economic reform can not blindly study the West, to respect the tradition of China’s economic operation. Although there are many problems in the current Chinese economy, but because China has the Communist Party, but not the Chinese shenzhen escort Communist Party can not do things, so if China’s economic development path back to the correct channel, the Chinese economy can miracles.
Mr. Zhang Wuchang’s specific statements are summarized as follows:
Zhang Wuchang when talking about the reasons for rising house prices, said the current population growth in Shenzhen too fast. A few years ago, Shenzhen had a population of 15 million, some 21 million two years ago, so it would be 30 million in a few years, and the city’s population grew by more than a million a year , Which is very surprising. This phenomenon occurs, of course, prices will rise, because Shenzhen is too fast, so in Shenzhen near the city, such as Dongguan, such as Huizhou, house prices are up. For example, Huizhou, house prices have not changed for many years before, nearly doubled in the past six months.
Especially in the study of better young people love to go to Shenzhen, I think Hangzhou, Shanghai, Beijing, the situation should also be the case.
In other words, the young elite will focus on the development of high-tech cities to go, this is because the “Labor Contract Law” on them without much constraint. Instead, the “Labor Contract Law” on the three or four thousand monthly salary of those who limit the death.
China’s young people are very powerful, those who are very powerful in mathematics, the technology is very powerful many people, this is true. Indeed, there are a lot of young people read the book read very well, do it quickly in mathematics, the technology is not a problem. Shenzhen, Shenzhen, I am more familiar with the city, there are 8000 Huawei, Tencent, Xinjiang such a company, this is not a joke. Tsinghua University, a leader to go, immediately someone invited. Then you can not deny that, including Hangzhou, Ma, Tencent, Huawei, these are very powerful, these businesses are not easy to do, it is not easy to do, especially the more difficult to do the factory, but if you go high-tech words , Is also very difficult to do.
Chinese people are smart, motivated, I estimate about a bit, whether it is Chinese University, University of Hong Kong Ye Hao, the Chinese students, the best students have been snatched by them, Hong Kong, the best students of these universities Are China to go. I calculated, if you want to please a very powerful person, just eight thousand or nine thousand yuan, please a similarly powerful student, Hong Kong is about twenty thousand dollars, the United States to ask a person of the same standard, probably need four million Money, please one such young man, while China has so many, can say hundreds of thousands of dollars.
So I am currently inferring that many people disagree. I said two years ago that Shenzhen would surpass Hong Kong in 10 years. They did not believe it. Silicon Valley.