Toughness Of Zhejiang Businessmen: The Foundation Of A Country'S Economy

No matter how I explain the "new normal", what does it have to do with everyone here? What words have you allowed to decide your own behavior in the past 30 years after listening? According to my understanding of Zhejiang businessmen, they have never been so.

That's why I say "new normal" is not important.

I do not think that the future can predict that the future is only the result of action, and that action is influenced by intuition and impulse besides the impact of prediction.

Therefore, an important job of economists is to observe people's behavior, and then "guess" the future, rather than "predict" the future.

Very well, I have recently observed Zhejiang merchants.

Nantong and Changshu are both the bases of traditional industries, and there are many Zhejiang businessmen there.

Every year, Nantong has about 100 billion output value.

It's about 100 billion of Changshu's value.

Of course, they are not high-end.

The economic downturn is related to the two areas.

The impact is very large, but the actual growth figures are very low, which is very contrasting with the situation in previous years.

In such a bad economic situation, many enterprises can not continue to do so, but I find a Zhejiang businessman still making painstaking efforts to make clothes.

She used the new technology, hired her own models, began to connect with the Internet, and then developed a fabric with a European company (or perhaps an investment company in Zhejiang Province).

I asked her, where are you from? She said, I am from Wenzhou, Zhejiang.

I ask, do not you all Wenzhou enterprises stir up mines and lend money? Why do you still make clothes here? She said she invested 26 million in mining industry in the west, and now she can't get it back and start doing other things.

This case has given me great inspiration, and this inspiration is also related to the "new normal" mentioned just now.

The Politburo meeting pointed out that China's economy is "resilience" and I think "toughness" is the key word.

I observed that Zheshang had toughness.

As a teacher of Peking University, I think 26 million is a great sum of money, but she says 26 million is 26 million.

I thought that the people who had fried the mine could not get back to the industry, but she went back. This example gave me a lot of encouragement: the Chinese, the Zhejiang people and the Zhejiang businessmen are resilient.

Why are they resilient? Where do these resilience come from? I think there are two reasons.

First, struggle.

Most Chinese people and most of Zhejiang businessmen are rich again. Even if they are rich and powerful, no one will guarantee money for them. They can only fight for themselves.

I used to know a story when I was in the countryside.

Someone once asked whether China's agriculture should be turned into a state farm, and the state would pay it and the state would pay wages.

It is said that Chairman Mao sent Chen Boda after investigation and said: China can not afford to, can not wrap it down.

I think this is precisely a very important reason why China can develop to such a degree.

If a person has a steady income, even if he is not high, his fighting spirit will be weakened.

Fortunately, at that time, the country did not pack all the people, did not package the countryside, nor did the private enterprises be wrapped up.

This is a fundamental part of toughness: if you are rich again, if you give up fighting, you may have nothing.

This is also the epitome of China.

From a global perspective, who can wrap up your economy? Because you have a long history and a large population, you should be rich. Without this reason, God will not be able to do it.

If China wants to get rich, it will of course be influenced by the international environment, but mainly on its own.

This is also the most reliable foundation for toughness.

Second, competition.

You give up, as long as others do not give up, in five years and ten years, you have to regret.

China is good at many people, even if one does not work, one quit, one slack, one abandonment, but there are still many people do not give up.

China has seen many problems every year for so many years.

If you look at it in five or ten years, you will find that whoever regrets it will not have you in five years.

If the economy of the whole country is finished, that will be fine; but every five years later, China will go to another level.

You will think: what if it did not give up? What if it was really done? And how can I explain it after giving up?

These two forces are the basis for observation and analysis of China's economy, and also a point I want to express.

Of course, these two foundations are not enough. We need to fight, struggle, calm observation, and analytical ability. It depends on the difference between today's struggle and five years ago.

With this opportunity, I would like to make a point.

Because our current economic downturn is high and low, and we have made a lot of mistakes when we are high.

When the economy is growing at a high speed, the general psychology of people will see the future better.

Now, many industries and enterprises will think that they were too cautious when they sum up their lessons, so now we need to be cautious.

Some people have interpreted this caution as a "new normal", but I disagree.

I think we should be careful of another error: when the economy is bad, it is easy for people to see the future worse. This is the two state that the subjective and objective are not consistent.

Now we review and summarize the situation in 2007 and 2010, and we can see that when the economy is a little bit strong, we should pay attention to the opposite error. In such a situation of general economic decline and bad news, it is easy to see the future poorly.

Therefore, we need to reverse regulate.

Some excellent entrepreneurs share the same characteristics of reverse regulation.

When you say good, he will still be cautious; when people around you say bad things, they will try to find better opportunities in the future.