Boao Forum Delivers Policy Signals

High rise

Is the real estate industry a scourge?

In the ten year Boao forum, there are several "big guys" attending the annual real estate industry. Compared with the previous years' talk about the development of the industry, Pan Shiyi, a frequent visitor to the forum, is cautious and cautious.

In April 16th, at the Boao forum for Asia's "real estate industry innovation under the constant control" sub forum, Pan Shiyi, chairman of SOHO China Limited, said that this round of regulation and control policy is the most severe. In 2011, it is a watershed. Before this regulation is the reason, considering the supply and demand of the market, from land, monetary policy and mortgage loans to control, the result of direct regulation from this year is the price limit and the restriction. Therefore, after the introduction of the new "eight countries", the 35 restricted cities, Beijing and Shanghai volume fell by 50%.

As a symbol of China's real estate developers, Pan Shiyi's statement seems to confirm another industry speculation: from 2011, the real estate industry will no longer be regarded as one of the main driving forces for China's economy.

However, Zhang Xiaoqiang, deputy director of the national development and Reform Commission, expressed a clear view of this point in the "new trend of global industrial pfer" sub forum.

He said that real estate is still the biggest pillar of the economy, and now the regulation is not to suppress the real estate market.

Zhang Xiaoqiang said that the country has several major pillar industries. In fact, real estate is the largest pillar industry. Our goal should not suppress real estate.

From the general situation in China, the real estate industry is not all bubbles.

"Do not think of real estate as a flood or beast, which I think is wrong."

"A large part of China's rapid economic growth is driven by rising housing prices, but the rise in housing prices has also created many social and economic structural problems, so it is a difficult situation to ride."

Massachusetts Institute of Technology professor Huang Yasheng's position is that China's real estate market in general is somewhat confused, it seems that many relevant measures have been taken, but they all belong to the "headache medicine, foot pain" and have no real impact on housing prices.

The stock market bubble is much smaller than the property market?

The property market has aroused heated debate, and the stock market is naturally another focus.

Liu Erfei, chief executive officer and Investment Bank of China, President of Bank of America Merrill Lynch, believes that China's stock market bubble is not big, because "my driver did not tell me" for the stock market bubble, Liu Erfei said that "basically no, because bubbles exist at any time, any market has bubbles, will there be a crisis?"

Far away, the bubble is much smaller than the property market. "

Wang Boming, director general of China Securities Market Research and design center, said that the development of China's securities market is facing a perfect problem, and more market-oriented supervision measures should be applied.

He believes that the maturity of China's securities market needs a step-by-step process. "It is impossible to push hard on maturity, because not at that stage, the most important thing is to compare the marketization of regulatory means, and now it is too much government intervention."

Wang Boming, for example, said, "for example, in the examination and approval of the fund, the sale should be more let the market speak, can be issued, control the total amount of problems should be on the market to control, rather than regulators."

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Mobile Internet faces three major battles

The ten year of the Boao forum for Asia is also China.

The network operators represented by Sina and Tencent are also struggling on the Internet, especially on the mobile Internet platform based on micro-blog.

Sina has become the strategic partner of the Boao forum, while the Tencent has obtained the official identity of the Boao Asia Forum platinum sponsor and exclusive network partner.

During the forum, both sides planned a series of interaction columns and discussions with their respective micro-blog platforms, and expanded their influence through the opportunity of "ten years' Boao".

There is no difference between the two sides, which is the great future of mobile Internet industry.

Cao Guowei, CEO and chief executive of sina, spoke at the Forum on the future of mobile Internet in the 2011 Annual Forum of Boao forum for Asia, saying that the future of mobile Internet is enormous. The key to the innovation and development of mobile Internet applications is in the entertainment field.

In the development of mobile Internet, micro-blog is one of the killer applications in mobile Internet.

He believes that the integration of social networks and mobile Internet terminals is a very important trend in the Internet or mobile Internet.

Zhang Yaqin, senior vice president of Microsoft Corp, said that the mobile Internet has three major battles, one is the battle of cloud computing platform, the other is terminal campaign, the first part is the smart mobile phone platform, the second part is the mobile smart phone platform and the PC platform battle, and the third campaign is to download the social network platform above the cloud and end, including search, advertising, e-commerce and so on.

Zhang Yaqin believes that in the next 5-10 years, who will win the three platforms will become the leader of the new generation. This may not be a company, it may be a group of companies, and there will certainly be Chinese enterprises.

Wei Jiafu, President of COSCO Group, said that the worst time has passed and is now a good time to make acquisitions and investments.

Wei Jiafu believes that first, after the outbreak of the crisis, the market risk has greatly reduced, optimizing the market and the economic system and economic structure.

Second, now that the economic stimulus plan has invested in large-scale special projects, the allocation of resources has returned to a more normal level, and we can get more accurate market information.

Third, the crisis will further promote industrial restructuring, and the crisis will help improve the industry environment.

"Looking at the crisis from another perspective, such a deep economic recession is bound to trigger the next round of new economic prosperity."

Wei Jiafu believes that overall, the global economy is improving.

Xiong Weiping, general manager of Chinalco, also said that a large number of Chinese enterprises that rely on scale and profit margins are now looking at international mergers and acquisitions, but their own business and external system risks are dangerous.

"How to deal with risks, the best strategy for enterprises is winter training instead of winter swimming."

Wei Jiafu said that winter training is to look at their own situation and prepare for the future.

Wei Jiafu believes that Chinese enterprises are studying the management experience of multinational companies, but under the international financial crisis, many hundred years of the West have collapsed, but China's economy is still active. This shows that China's management theory should be considered.