1. Recently, the calls for protecting private enterprises have intensified, to the point of seeming like a rebellion.
2. In fact, private enterprises contribute the majority of employment; according to incomplete statistics, they account for over 50% of tax revenue, over 60% of GDP, over 70% of technological innovation, and over 80% of urban employment.
From the data, only by protecting private enterprises can we stabilize the foundation of employment.
3. From the perspective of technological innovation and industrial upgrading, most of it is driven by private enterprises.
4. Looking back, when I was in London, the drinking water on the streets was free, which was very convenient, with a drinking water facility almost every few steps. However, bottled water was very expensive; the cheapest cost 0.75 pounds, which translates to about 7 yuan per bottle. Isn't this also a clever approach to macroeconomic regulation by the government?
5. Poor people can obtain drinking water without spending money, while the rich have to spend more money to buy basic necessities.
6. Some foresight in regulation is reflected in the operating hours of large supermarkets; many close at 5:30 PM (excluding those catering to tourists). If you want to buy something afterward, you must go to the community supermarket downstairs, which reflects the government's effective distribution function and is a way to protect small and micro enterprises through distribution.
7. In contrast, our decent supermarkets generally stay open until after 9:30 PM. Residents have a habit of prioritizing big supermarkets for shopping, which constrains the survival space of small community supermarkets. Coupled with the thriving takeaway industry, this further squeezes them out. The current situation is essentially a winner-takes-all.
8. In terms of market conditions, the A-share market has splashed cold water on many people. In fact, my strategy has not changed since that wave at the end of September last year: buying in at 3300 and fully investing at 3000 points. What if it doesn't drop to 3000 points? I: It doesn’t matter, that wouldn't be money I earned; let others have it.
9. How many business owners are not making money from their main business and are now relying on the price difference from night-time electricity and selling scrap for profit...
10. I want to share two charts with you. The first one represents the growth rate of residents' income and expenditure. Even though consumption has downgraded, the growth rate of everyone's expenditure is still greater than that of their income, meaning that the wealth of most families is declining each year.
11. Many merchants' selling prices... how should I put it, I can't even achieve such low factory prices. Data tells me they are losing money selling, and combined with industrial waste recycling, it may ultimately just be a waste of effort. The data reflects the average level, and the competition has long reached the production end.
