What has the supply and marketing cooperatives done and what can they do?

Yi Xianrong

In the Communist Party of China twenty Large and medium-sized, Liang Huiling, director of the Council of All China Supply and Marketing Cooperative, was elected as a member of the CPC Central Committee. After the meeting, the Supply and Marketing Cooperative announced that it would recruit civil servants on a large scale. In addition to the recent large-scale expansion of supply and marketing cooperatives in Hubei, Chongqing, Ningxia and other places, overseas media speculated that the supply and marketing cooperatives, which were regarded as the products of the planned economy era in the past, were again concerned by the government, This may mean that China returns to the era of planned economy, and even some overseas media believe that supply and marketing cooperatives are the "living fossil" of planned economy. In fact, this does not understand the past of the supply and marketing cooperatives before the reform and opening up, nor does it correctly assess what the current supply and marketing cooperatives should do and can do.

Interests in the game station event Flow direction and supervision

Yi Xianrong

At present, although the game station incident in the United States has come to an end, the corresponding investigation report of the United States regulators has not yet been released, and the company's stock price is still in shock and the Robin Hood online trading platform is preparing to go public, the flow of interests in the incident is very clear. Because, in the power structure of the traditional financial system, whether it is the market institutional arrangement or the innovation of financial products, it is basically dominated by the elites of the financial market, and small and medium-sized investors are basically in a weak position. Therefore, small and medium-sized investors will be in a weak position in the financial transaction game. Generally speaking, the elites on Wall Street would not have paid much attention to the sharp rise and fall of some small stocks in the US stock market. Because the market value of these stocks is too small, its sharp rise and fall will affect the market

The game station event in the United States may set off a financial revolution

Yi Xianrong

two thousand and twenty-one year one The "game station" event (or GameStop The frenzy and the "holy war" against Wall Street), it seems that the event has come to an end, but this "holy war" against hedge fund giants with millions of retail investors will not only be recorded in the history of Wall Street forever, but also may mean a financial revolution in the United States and the global financial markets. Because the game station event not only means that millions of retail investors on the Internet defeated the financial giants on Wall Street, but also means that the event will change the order and health of the financial market on Wall Street

How to establish China's modern central bank system

Yi Xianrong

It can be said that the 14th Five Year Plan for National Economic and Social Development and two thousand and thirty-five Suggestions on the long-term goals of five Year, even this year fifteen The national development blueprint in also established a new model of China's economic growth in the future, that is, a new model of economic growth led by "internal circulation" 。 From the perspective of finance, the transformation of economic growth mode is actually the change of resource allocation pattern. In other words, the most important content of the new model of economic growth is the reallocation of resources, and finance is the most important platform to withstand, promote and optimize the transformation of the economic growth model. Because if we want to reallocate resources, we must make resources flow easily, and finance is the most important tool to facilitate the flow of resources. Therefore, we should build a new economic development grid

How to develop and improve China's current capital market

Yi Xianrong

from two thousand and nineteen year one At the end of this month, the Shanghai Composite Index started from the bottom two thousand four hundred and forty The point slowly rises and finally arrives two thousand and twenty-one year two month nineteen Day up to three thousand seven hundred and thirty-one In two years, the index rose by 53% , while Shenzhen

How to develop and reform China's financial technology in the future

Yi Xianrong

from two thousand and thirteen Since the beginning of, China's digital economy and financial technology have experienced a rapid development stage, even a brutal growth period, for example, in just two years five thousand Multiple P2P Companies, and mobile payment is more popular (the average penetration rate is 50% Above, far higher than the global 33% ）。 Therefore, digital economy and financial technology have become the dominant industries that China is proud of. according to CBinsights Data display, two thousand and eighteen There were thirty-nine Financial technology unicorn companies in China

General operating mechanism of platform economy

Yi Xianrong

How does platform economy work? Generally speaking, the market is operated by the price mechanism. The supply and demand relationship of the market is displayed by the change of commodity prices. Enterprises and consumers make behavior choices according to the change of prices. For the operation of platform economy, can it be understood as a price mechanism? So far, most people have basically understood the operating mechanism of the platform economy as a market price mechanism, but they have used a new concept, namely the price structure. However, the price structure here “ Price ” And market economy “

The essence of platform economy is a new way of resource allocation

Yi Xianrong

In the era of big data, platform economy is emerging. Because it is easy to expand, free from time and space constraints, wide coverage, huge market, low transaction costs and other characteristics, it has become the mainstream model of digital economy or a new way of resource allocation. In this regard, some people even think that the global economy is entering the development stage of platform economy capitalism. In fact, the current platform economy is not only Many well-known giant companies, such as Apple Like Tencent, they are giant platforms one by one. The platform has everything

Micro foundation for the development and prosperity of platform economy

Yi Xianrong

Generally speaking, the micro foundation of traditional economics is the assumption of the actor or economic man, that is, the rational behavior of man pursues the maximization of personal interests under the constraint conditions. This kind of rational behavior includes two connotations. One is that rational behavior often has a prescribed form, and how people act rationally in a given situation, that is, the prescribed motivation; The second is the possibility of using theoretical models to explain and predict actual behavior. Both general equilibrium theory and behavioral economics model are based on this assumption. However, these theoretical analyses are based on the traditional understanding of human nature and are subject to institutional constraints, information constraints and cognitive constraints.

In the era of big data, scientific and technological innovation and invention are changing human society at an unprecedented speed, breadth and depth, changing the cognitive model of human society and human behavior. At the same time, these

Is the bull market of Hong Kong stock market over?

Yi Xianrong

two month twenty-four Day and two month twenty-six The Hang Seng Index of Hong Kong fell sharply on August 1 3% above. twenty-four The market blamed the government for raising the stamp duty on stock market transactions, which led to the sharp drop of the daily Hang Seng Index two hundred The HK $billion fund was immediately withdrawn from the Hong Kong market and returned to China. In fact, as far as the global financial market is concerned, with the continuous improvement of trading technology, trading systems and rules, the trading costs of the global stock market are only constantly decreasing, and few countries have increased the trading costs of the stock market. In this regard, the Hong Kong government raised twenty