Entrepreneurs Only Have Two Lives In Their Lives.

How can I sum up in 30 years?

It depends on how to make property rights more perfect, and entrepreneurs have more energy and time to spend on what they should do.

Chinese entrepreneurs are mainly dealing with the uncertainty of policies and coping with the "innovation" of policies.

Entrepreneurs only do two things in their careers: first, predict, in order to deal with uncertainty.

Second, innovation.

Subdivision, uncertainty can be divided into market uncertainty and policy uncertainty; innovation can be divided into technological and commercial innovation, and institutional innovation.

But in these two ways, Chinese entrepreneurs and western entrepreneurs are doing quite differently.

Western entrepreneurs are busy dealing with the uncertainty of the market and engaging in technological and commercial innovation.

Chinese entrepreneurs are basically coping with the uncertainty of policies and coping with the "innovation" of policies.

Our policy is different from others. Why?

This is because our property rights system has not yet been perfected, the government has too many things to manage, and the policy changes are too frequent.

After the reform and opening up, the three wave of the redistribution of the best people in China has resulted in the rapid development of the economy.

30 years of reform and opening up, such as 10 years as a time division, the first 10 years, from 1978 to 1987, China is the manufacturing industry to promote the economy.

In the second 10 years, from 1988 to 1997, China was driven by real estate and financial services.

The third 10 years are new economy and high technology to promote the economy.

The three types of entrepreneurs represent three times. The peasant entrepreneurs represent the first era, that is, the manufacturing era.

When officials go to sea, the rise of private enterprises represents second times, mainly in real estate and finance.

The backbone of the third era is the entrepreneurs of returnees.

One thing to emphasize is that the real estate and financial industry has a strong driving force in China.

Before 1992, all assets in China were dead, the land was dead, and the workshop was dead.

After 1992, most of China's assets became viable.

Once the assets have changed, the country has become rich. The government's revenue has increased greatly, and the highways and infrastructure have been improved.

The second generation of entrepreneurs is different from the first generation, not making buttons or shoes, but they are also very important for China's economic development.

So, how will China develop in the future?

How can I sum up in 30 years?

It depends on how to make property rights more perfect, and entrepreneurs have more energy and time to spend on what they should do.

If we do not improve in this area, we will have a very difficult economic development in the next 30 years.

China's future depends not only on resources such as oil and coal, but on what we believe and what we do not believe in.

If we believe in the market economy, we will go forward in the direction of marketization. If we do not believe in the market economy, doubt the market economy, and continue to have new administrative intervention, the price is controlled by the state and the resources are controlled by the state, then we will have no hope.

Over the past 30 years, the rapid development of China's economy has been mainly due to the improvement of the efficiency of resource allocation. With the sustained and rapid growth of China's economy, the cost advantage will be gradually weakened compared with the developed countries, and the protection of property rights will make it difficult to directly apply the technology to developed countries.

Chinese enterprises must complete the revolutionary pformation from allocation efficiency to production efficiency, which is the only way for Chinese enterprises.

To accomplish this pformation, Chinese enterprises must integrate an industry and seek industrial leaders like Haier.