In fact, in addition to the reasons mentioned above, another important reason for increasing money supply is to alleviate the pressure of exchange rate appreciation. However, there is no need to mention this reason in this context.
Domestic exchange rate appreciation pressure is caused by many factors. The most important reason is that the export scale of domestic high-tech products is very large, resulting in high export prices and large profit margins, forming a huge trade deficit.
However, in order to allow domestic people to enjoy the benefits brought by domestic technological progress, the domestic sales prices of the products of Zhao Yi's companies are often much lower than those abroad, which results in a substantially higher domestic currency value.
If it were only a small-scale technological progress, the effect would not be particularly obvious. However, the technological progress of Zhao Yi's enterprises has been too great and there are too many high-profit high-tech products, so the effect has become particularly obvious.
Rather than significantly raising the exchange rate in the short term, it is better to increase the money supply to digest this pressure internally, stabilize the foreign trade economy, and expand domestic demand, thus virtually resolving the problem.
Therefore, the prevention of inflation mentioned by Zhao Yi actually requires specific treatment of specific issues. It does not mean that the prices of all commodities will not rise. It just needs to prevent excessive rise and control the pace and extent.
“The second problem caused by monetary expansion is the issue of exchange rate stability. In the past, our currency actually had great appreciation pressure, but this time monetary expansion can be alleviated to a certain extent.
But this is only one way, and it is not possible to completely rely on monetary expansion to resolve this problem. Therefore, the next step is to control the international trade balance and no longer generate huge trade deficits as in the past.
Shangtong Trading Company can play a huge role here. It can increase imports of agricultural products or other commodities that are currently not available in the country to alleviate the huge surplus problem caused by trade.
Of course, we also need to have a good grasp of the situation here, and we need to make decisions based on our country's exchange rate and foreign exchange reserves, as well as the closeness of economic relations between each country, and strive to achieve mutual benefit and form a virtuous cycle.
In fact, the first question and the second question are interactive. Increasing the import of goods is actually one of the important measures to alleviate domestic inflation. " Zhao Yi said.
As the economy and technology have made great progress in recent years, it does not mean that we can produce all goods. There are still many complementary goods internationally and have good import value.
The main reason why Shangtong Trading Company is named is that it is not only my country's largest export trader, but also the largest import trader, and it also controls huge domestic retail terminal channels and intermediate channels.
More importantly, the international trade database established by Shangtong Trading Company can better grasp the scale and rhythm of executing this plan, so that no major problems will occur.
Whether it is importing or exporting, the ultimate goal is to better develop the domestic economy and at the same time allow the people to fully enjoy the dividends brought by economic development.
In terms of exports, of course we hope to export as much total value as possible. Although it may increase our dependence on the external market, it can also increase the dependence of other countries' economies on us in disguise.
This dependence is largely mutual. It depends on whether the other party can quickly find alternative origins and products if this dependence is severed. If not, the other party will naturally become more dependent on us.
In particular, workers and farmers produce raw materials and intermediate products. For example, Pusi Chemical Company now has an almost monopoly on global agricultural chemicals. Naturally, the whole world has a huge dependence on this product. Once there is a shortage, it will cause huge losses in agricultural production.
If we only export general trade products, then our dependence on the other party's market will be stronger than the other party's dependence on our goods. Once it is cut off, our losses will be greater.
The international trade database of Shangtong Trading Company plays a greater role in my country's imports, because they can accurately know which products are not manufactured in my country or are in short supply, and this database is revised in real time.
This allows Shangtong Trading Company to accurately avoid these industries owned by our country when importing, and either reduce the amount of imports or not import at all, so that our country's related industries can get greater development opportunities.
The reason why we do not adopt administrative orders to operate these operations must be because there are many inconveniences. Shangtong Trading Company is a private enterprise. No matter how it is operated, it falls within the scope of normal business. No one can say that it is not.
As for imported goods that want to bypass Shangtong Trading Company, the difficulty will rise several levels. Even if relevant channels are found, the final sales volume will not be too high.
Because Shangtong Trading Company controls most of the domestic sales channels and retail terminals, and also has the highest quality resources among them, the remaining scraps are basically inferior.
Although there is a suspicion of a high degree of monopoly, Shangtong Trading Company is currently acting in full compliance with the rules. It is not to the point that it is disgusting, but it can actually see the huge benefits it brings.
First of all, the phenomenon of counterfeit sales and piracy in China has been almost eliminated. At least in regular retail stores on the market, illegal products cannot be found for sale, which saves huge costs for government law enforcement departments and clears up the market environment for formal enterprises.
Secondly, it accelerates the circulation speed of domestic goods and reduces the cost of commodity circulation. Seamless connection between manufacturers and sales terminals can be achieved. It can also realize real-time data feedback, allowing production companies to adjust strategies in a timely manner.
Thirdly, it is able to know the economic performance of our country in a timely manner. Because it is a single company and has achieved full data management, Shangtong Trading Company has comprehensive and huge data. Through big data analysis, many problems can be seen.
Now every year, Shangtong Trading Company launches an analysis and survey report for all walks of life for reference by all walks of life in China.
These investigation and analysis reports can promptly discover problems in the industry and problems that need to be solved. They can also know the market changes in the industry, adjust development strategies in a timely manner, and avoid unnecessary losses.
Because these survey reports will also predict future market conditions based on the unique market change model established by Shangtong Trading Company, they have a high reference value, at least the current accuracy is very high.
Don’t underestimate this. It plays a huge role in the stable and healthy operation of our country’s economy. It can prevent the disorderly expansion of capital and markets, improve capital utilization, reduce disorderly loss of capital, and reduce the economic operating costs of the entire society.
In addition, Shangtong Trading Company will produce a confidential national economic development survey report every year for reference by relevant government departments, which has important economic development strategic value.
It is precisely because Shangtong Trading Company is not just a trading company, it is actually a key connection point of the entire economic market, creating huge social value, not just individual economic value.
Therefore, both the domestic government and various manufacturing companies have a positive attitude towards the existence of commercial and trading companies, and are not afraid of them because they are in a de facto monopoly position.
Shangtong Trading Company also knows its role, so it is famous for its rules in business. Regardless of the size of its partners, it will treat them equally. This will increase the fairness of domestic economic development.
Of course, this is also inseparable from the support provided by Shangtong Trading Company to domestic manufacturing enterprises. In addition to the fact that domestic enterprises are not involved in industries that they believe have great development prospects, they will invest in and build them themselves.
In other production areas where domestic enterprises are involved, Shangtong Trading Company will provide capital and management support, and will also provide support through a complete set of channels, so that it will naturally receive support from production enterprises.
The only thing I am dissatisfied with is probably the supply and marketing cooperative that existed before. Now the supply and marketing cooperative no longer exists. It has basically been replaced by a subsidiary of Shangtong Trading Company, and it is doing much better than them.
“The second thing is about solving the problem of big enterprise diseases. The scale of the enterprises that many of you control is already very large, and the business is becoming more and more complex.
Although many innovative measures have been put forward in the management model, which have eliminated many problems of large enterprises and have supported you until now, it will become more and more difficult to go further, and internal management costs will also show an increasing trend.
Although the corporate model of this large organization provides a stable employment environment for employees, it is not a very high working atmosphere for those employees who are capable and ambitious and will limit their development.
Therefore, you should support these capable and ambitious employees to go out, provide certain financial and technical support, let them develop independently, give full play to their talents, and reduce your management burden.
Of course, I want to emphasize one point here, that is, this kind of capable and ambitious employees must also have certain personality qualities and moral character. Such people will be your good partners in the future, otherwise they will bring you big trouble. .
These employees who go out are not just your financial investment objects, but the stars in the sky surrounding you, providing more feasibility for the continued development of your company.
What we want is that "when gathered, we are like a ball of fire, when scattered, we are filled with stars." Only in this way can we have higher investment value. Otherwise, it is better to let professional investment institutions invest and only focus on economic benefits.
Therefore, in addition to looking at the quality of these employees themselves, you also need to look at whether they are related to your industry and will drive your existing business or future business. "
Zhao Yi's measure is to break the current situation of having to do everything by himself, to separate some marginal businesses and allow capable employees to operate them freely, which may be more dynamic than running them themselves.
At the same time, we also support these capable employees to create new industrial fields on their own, which can make important supplements to their existing businesses or directly jointly promote the development of new industries.
Of course, this is also another way out for capable employees. If they go out to start a business alone, the probability of failure is very high. Starting a business is not only a matter of ability, but also a matter of luck.
Without the support of their old employers, many of them, even if they are ambitious and capable, lack confidence in starting their own businesses. This is why not many employees currently resign to start their own businesses.
Although they think they are capable and have certain ambitions, they are not stupid. Without capital, technology, or connections, if they want to start a business from scratch, the probability of failure is over 99%, and less than 1% can survive.
Of course, if you just go out and open a restaurant, it is better to stay in the original business. This way you can at least be guaranteed and earn no less than this in the future, and the status between the two is very different.
Therefore, with the support of capital, technology and relationships provided by the company, even if these employees only hold less than 10% of the shares, they are much better than starting their own businesses alone, and the probability of success will rise linearly.
After hearing Zhao Yi's words, all the people in charge at the scene nodded involuntarily. This is indeed a good solution, which can not only solve the problem of insufficient innovation, but also relieve internal management pressure.
There are many talented people in the country, but these people are also very ambitious. However, there are only so many promotion channels, and internal promotion alone will not be able to meet the demand.
Therefore, it is a good way to outsource some of these ambitious and capable employees and provide them with capital, technology, connections, and even market support to start their own businesses.
But after several investment companies heard the news, they felt a little unhappy. If these employees were invested by their old employers, then nothing would happen to them.
So he expressed his suggestion and allowed them to participate in the investment together and even make concessions on the shares. After all, the old owners not only contributed money, but also technology, relationships and market.
Zhao Yiyi himself had no objection to this. He was in control anyway, so he let them discuss it themselves. He himself was not involved in these matters.
Zhao Yi has rejected the listing requirements of his industries several times before. He really has no intention of listing his core industries because it is not necessary and will be subject to others.
But if these employees start a business, the businesses involved are non-core businesses. Even if they find another way out and develop better and better in the future, that is their ability.
If they are given a chance to go public, they will most likely agree, because the stock market is a capital multiplier, allowing them to achieve greater wealth appreciation in the short term.
And his companies can also have a certain influence on the financial market through the listing of these companies. Just like Huawei in the previous life, although they are not listed, their every move still has a huge impact on the stock market.
"The third thing is that in the future, a 'Enterprise Joint Management Committee' will be established to coordinate the management of my industries, and the members of this management committee will be selected from among you responsible persons.
This committee has the power to coordinate the overall management, coordinated development, formulation of major plans, and business expansion suggestions for our industries, and plays an important guiding role in the development of our industries. "
When the leaders below heard Zhao Yi's arrangement, they immediately started talking. Even though they didn't seem to have the right to participate in management, they actually had great power.
These people have reached the top position now. No matter how hard they work, they will still be in this position. At most, the bonus will be much larger than before. Over time, this will not impress them.
Although the current position still plays a huge role for them, because the longest they have held is only five or six years, and their buttocks are not yet hot, but after ten or more years, their thinking will change. It's different now.
What's more, if they don't make mistakes, they can keep sitting for decades. By then, they will be older and will not have enough energy to manage specific affairs.
However, their rich management experience and vision are still of great value, and it will be just right for them to come to this committee to do some work of a retreat nature.
And they also understand that the scale of the boss's industries will only get bigger and bigger, and the boss cannot manage it with his own energy. When the time comes, power will be delegated to the management committee, and the power will naturally be greater.
Zhao Yi also had this consideration in establishing this committee. Now he actually relies mostly on intelligent management systems and three major service companies to manage his own industries.
But this does not mean that it is perfect. He has clearly felt that the development speed of his industry is getting slower and slower at today's scale. This is the disadvantage.
Moreover, emerging industries in the future will no longer be developed in a single industry as they are now, but will increasingly appear in cross-industry fields, and there will also be cross-trends in technology. It is very necessary to establish a management committee for overall planning.
If he just regarded the scale and wealth of these enterprises as personal property, he would not need to be so anxious. Anyway, he would not be able to spend all the wealth in a few lifetimes, and more or less would have no impact on him.
As mentioned before, these properties only belong to him in name. He does not feel that they are actually his own, so serious problems will inevitably arise in the future.
He regards the wealth he controls as part of social wealth, so the development of these industries is also a problem of the development of social industries. If there is a problem, it means there is a problem with our economy.
Therefore, he hopes to take good care of these industries and protect these wealth for the country, so that the people can continue to enjoy the development benefits brought by these industries.
Most of the heads of his companies have personal beliefs, have managed large companies, have excellent management capabilities, and have a good international perspective. They are suitable candidates to serve as members of the management committee.
Moreover, if an enterprise wants to develop, it cannot always let one or two people occupy the position. It must let the people below see the hope of promotion, and also be able to inject new ideas into the old enterprise to adapt to the new development needs of the times.
But these heroes cannot give up directly, so how can others work with them? There must be a stable arrangement, so this management committee is a good way.
Because the management committee is not just a senior care institution, but has certain real power, it requires members to think about the development of the entire industry from a higher thinking perspective, which poses higher challenges.
Of course, doing this is also beneficial to Zhao Yi. First, he can further hide behind the scenes so that his life will not be disturbed and he can have more time to do things that interest him.
The second is to express an attitude that I really don't want to interfere too much in the management of these industries, so that those in power can feel more at ease. After all, the decision-making of a group of people feels much more reliable than the decision-making of one person, and will not be driven by emotion.
For this reason, Zhao Yi even looked for sources of funds for himself to plan for his future expenses. In other words, he no longer planned to take money from his industries in the future, but relied on his own patented technology to support himself.
The previous high-speed data compression communication technology was one of them. With this technology, he could make a lot of money, which was enough to support his own life.
“So, from now on, you need to examine and train your successors. When the management committee will be established, it still needs to be determined by your preparations and whether you have the conditions for its establishment.
As for the specific organizational structure, there is no conclusion yet. When the time comes, everyone will discuss it together. The purpose is to solve actual problems instead of creating more problems. " Zhao Yi said.
This matter is only a long-term plan, and it is time to speak out to prepare potential competitors. Those in charge of companies that have just developed will continue to work hard in the next time and strive to achieve greater results.
“The fourth thing is that I hope you will make preparations to stabilize employment and promptly adjust your job structure to adapt to changes in industrial development and talent structure in the new era.
In the past, we had few highly educated talents, so we did not have too many troubles in hiring people. In the future, as the number of college students becomes more and more talented, it will be particularly important to provide them with stable employment.
Moreover, with the development of the economy, it is much easier to make money than it is now. High-intensity production line labor positions may not be favored by workers. People prefer to work in the service industry. However, this is a gradual change and this kind of trouble will not occur in the near future. .
However, with the introduction of comprehensive compulsory education in our country and the impact of the expansion of university enrollment, the number of college students will become larger and larger in recent years, and it is very necessary for you to be prepared for this.
Moreover, with the expansion of my country's population, employment issues will always be an important issue in my country's economic development and social governance for a long time to come.
If you are a small business, you don't need to think too much about this, but the economic estimates you have are very huge, and you have to think about this kind of issue related to the national economy and people's livelihood.
How to solve the employment problem and at the same time make full use of these talents to develop yourself will also be a long-term consideration for you in the future. "
Because this problem is not an urgent problem, it is just for them to make some preparations and make relevant proposals and arrangements in advance, so Zhao Yi does not want to say too much, but just emphasizes the necessity of doing so.
However, judging from the reaction of the person in charge at the scene, they were more surprised than sad, because they had been suffering from a lack of talent for a long time, and they were overjoyed to suddenly have so many talent supplies.
This situation will remain the same in 5 to 10 years. The whole society has been thirsty for talents for a long time. Even his companies have to recruit high school students for internal training to solve the problem of talent shortage.
But in the next 10 years, the situation may be reversed. There will be an oversupply of talents in general, especially ordinary talents. By then, we will really have to worry about providing jobs for them.
However, by then, there will be relatively few industrial and agricultural jobs, and most of the new jobs will come from service jobs. This is an inevitable trend of economic development and a change in the employment structure brought about by technological progress. (End of chapter)