Standing Committee Member: I Couldn't Afford To Buy A House 3 Years Ago, But I Can't Afford It Now.

In December 2009, the then state Deputy director of Statistics Bureau Of He Keng In an interview, he said that as a deputy ministerial official, he could not afford to buy a house on wages. 3 years later, when our reporter asked this question again, he still said, "you can't afford to buy a house on your wages!" as the NPC deputy and vice chairman of the NPC Financial and Economic Committee, what is the most concerned about this year's "two sessions"? As a pioneer of China's econometrics, how did he view the Chinese economy in 2012?

Chinese Business Daily: in 2009, you said in an interview: "as deputy ministerial level officials, wages can not afford to buy a house." Three years later, housing prices have begun to slide under the control of national policies. Can you afford to buy houses?

He Keng: I can't afford to buy a house now, especially a decent house.

If there is no house to live in, buy a house of 40-50 square meters, I can afford it. But I can't afford a decent house. You buy a 150 square meter house in Beijing, for example, the location is a little better. Within the five rings, even if the house price drops, it is now 2-3 yuan per square meter. Then a house of 150 square meters will be at least 400-500 yuan. So don't mention a year's salary, you can't afford to save 30 years of savings.

Such an income in Beijing is definitely not a low income. Now what do the ordinary people in Beijing do?

Solve Sandwich Class Housing

Public rental housing is not taken seriously.

China Business Daily: the "sandwich layer" that is separated from the protection and the market can be said to be the most vulnerable group of incapable buyers. In what way do you think you can achieve these "sandwich level" housing dreams?

He Keng: the concept of affordable housing is not very clear now. The government should solve the problem of low income groups being low rent housing. The housing problem of sandwich layer, I think, depends on public rental housing. Public rental housing is not a government cover, but also a social responsibility. Of course, the government should give certain concessions, such as land and taxes. Then, since the government has given some preferential treatment, administrative intervention can be made on the rental price. Public rental housing can cover all kinds of conditions, such as bigger, smaller, better facilities, and facilities in general. Now no public rental housing attention, this is something we should pay attention to.

To solve the problem of "sandwich level" housing, it is necessary to solve the problem of housing resources allocation, for example, the rich will buy commercial housing, but we must allocate the house resources reasonably. Therefore, property tax must be introduced, and it can not mediate housing resources without introducing it.

When will property tax be introduced?

It will come out in 1-2 years.

China Daily: you mentioned that property tax must be introduced. When will it be introduced?

He Keng: when will the property tax come out? It's hard to say. I think we will come out in the next two years. Of course, many people think that the introduction of property tax to solve the problem of national network of housing resources, I think this is not a problem, do not need networking, see the house is closed, you can put a person in a number of city houses first tax, and then according to household registration, this is called back. Many foreign countries do this, unless you buy a house in the United States, we can not afford it.

Can house prices return?

Reasonable return before the end of the year

China Business Daily: how do you view the trend of housing prices this year?

He Keng: house prices are now a critical period. First of all, the local government should cooperate with the central government, and it can not shake the regulation of the real estate market, and then let the housing prices return to a reasonable scope. Of course, the price is reasonable, which is also a problem. Now are waiting to see, buyers in the wait-and-see, developers wait and see, the local government in the wait and see, everyone is watching each other, see who twisted who, and then twist the first half of the year, I see that developers are already unable to stop, can not afford to cut prices, to a certain time, people who want to buy a house can not be screwed up, buyers will naturally say that first buy a house to live again, so the price will always return to a recognized area.

At the end of this year, housing prices should return to a reasonable extent. When housing prices return to a reasonable scope, the speed of property tax should be speeded up. At least, it is necessary to move faster. Because the house price cuts, most afraid of investment real estate, so hot money will come in, so we must. Levy property tax.

How to increase residents' income

The government's executive power should be strengthened.

China Business Daily: for residents' income, as deputy director of the finance and Economic Commission of the National People's Congress, how do we view the relevant policies promulgated by the government over the past few years?

He Keng: for the income of residents, the policy direction of the government in recent years is right, that is, how to further implement and further use our financial resources in this aspect.

The minimum wage standard has been raised, because the government can not ask enterprises to pay more, but it can raise the minimum wage standard.

We should pay attention to the issue of income distribution for the residents, because the polarization of wealth is more serious now. We must regulate the high income groups, which can have some measures in finance. Then the salary increase for retired employees should be larger, and the second is to strengthen insurance, which is also a guarantee for middle and low income people.

China Business Daily: at present, what obstacles do the government need to eliminate in raising residents' income?

He Keng: the local government should pay more attention to the issue of people's livelihood. As long as the cadres on the top and bottom can keep the same, the central authorities should speed up their efforts to raise the income of the residents. There should be no big problem. The financial resources are relative. In the past, there are thousands of billions of dollars in the past. You say there is no money, and now tens of thousands of billions of dollars still say that there is no money, so the financial resources are relative. Now, according to the financial situation, we should pay more attention to the government and strengthen the executive power of the government, especially the local governments.

How is GDP going this year?

Around 8.5% of the year.

China Business Daily: what do you think of this year's overall economic trend?

He Keng: this year's economic problems, I am worried about not international issues, but our financial risk problem, social capital, money to stir up money, more serious. These three are triggering. financial crisis Fuse. Where the problem is not solved, the chain of funds will break up and banks will have problems. As long as these conditions do not occur, we will probably lower this year's economy in the first half of the year, a bit higher in the second half of the year, and GDP will be around 8.5% in the whole year, a little lower than last year, but not too low.

For CPI, this year's views are very optimistic. I think that within 3%, I think it's not easy to be below 4%, maybe 4% points better than last year.

How to disclose official property

Not simply online.

China Daily: Official property is open and budget is open. Now it is gradually becoming transparent. When do you think public finance can go to the sunshine?

He Keng: the issue of public finance has become more and more open. For officials, the problem of public property is not what we imagine. It is to hang up your property online. No country is now asking the officials to make their property public except the president. If there is one, there is privacy.

China Business Daily: from your understanding, what kind of property do you think officials can make public and how to make it public?

He Keng: I feel that the property of our civil servants should be open to the public within the party and open to the organization, so that everyone in the organization knows everything about your income. This should be announced, because the cadre system has a supervisory system for officials, including your illegal property.

As for the issue of property openness, we should compare the foreign system with one another and learn how to publish it. Who will publish it? Who will it be announced? What is the purpose of the announcement? Since the property is not published, the problem of corruption will be solved. Do you think those embezzled people will publish these assets? Therefore, the issue of property should be treated rationally and professionally.

If the stock market is not standardized

And the economy will never match.

China Business Daily: China's stock market has risen to zero in the past 10 years. These 10 years are the 10 years of China's rapid economic development. The huge gap between China's stock market and China's economic development, when do you think China's stock market and China's economic development will be able to match?

He Keng: if China's stock market is not standardized, it will never match with the economy.

China Business Daily: what aspects of China's stock market must be standardized?

He Keng: the first one is to prohibit speculation, and the second is that the listed companies themselves will encrop on their own money and go into stocks themselves. This phenomenon is absolutely not allowed; the third is that the return to investors should be dividends. If investors buy your stock, you will get better returns. It's not like gambling. Bet today, bet tomorrow. Of course, the above prerequisite is that the property of the listed company should be announced, and this will be announced. At present, the problem of false accounts of listed companies still exists, and the root cause of instability in our stock market is here.

Attention to affordable housing in the two sessions

Fear of becoming a means of seeking profits

China Business Daily: what are you most concerned about this year's "two sessions"?

He Keng: from my work, I still expect our budget law to be able to get a positive response and pass smoothly. This has a good effect on the supervision of our budget. The second is how we see the difficulties in the current economic development. For example, the development of small and micro enterprises, especially the members of the Pearl River Delta and Yangtze River Delta, how to respond. Whether our economy can develop smoothly this year is directly related to the situation of these enterprises. The third one is the real estate issue, especially this year. Indemnificatory housing The problem. This year's affordable housing has a plan for this year, especially when the vice premier of the State Council puts forward the issue of the allocation of affordable housing. The most worrying thing now is that housing will become a means of welfare for privileged people.