CIC online digital currency

1. • Mantakraf company, a famous heavy equipment manufacturer in Germany, has developed a virtual simulation software mantakraf vrbuilder for belt conveyor by using virtual technology. Based on continuum mechanics, a virtual platform for unloading prototypes of different types of conveyors has been established in the virtual environment, which can simulate the unloading process of materials at the transfer point of belt conveyor, so as to improve the loading efficiency, Rece st, provide reference design system.

2. Concept network: Internet Finance (itfin) refers to a new financial business model in which traditional financial institutions and Internet enterprises use Internet technology and information communication technology to realize financing, payment, investment and information intermediary services
self understanding: Internet finance has always existed. After the popularity of yu'ebao, it marks that China has completed the enlightenment ecation of national financial management; In recent years, it has been very popular to introce a large number of investment users to the Internet finance instry. With the continuous improvement of the national regulatory rules, it is expected that Internet finance will move towards comprehensive supervision next year
scope: crowdfunding, online loan, online payment, digital currency, insurance finance, fund sales, etc

3. Excess liquidity of money means that the amount of money far exceeds the demand for money, and too much money pursues less goods. At the same time, in order to pursue high profits, monetary capital must deviate from the actual proction system and operate commodities crazily. For the financial market, liquidity has a broader meaning: for central banks, it refers to the management of the issuance of "base money" and market liquidity, and excess liquidity refers to the excessive issuance of base money, which exceeds the carrying capacity of the real economy; For commercial banks, it refers to the proportion of deposits greater than loans. If deposits are far greater than loans, it means excess liquidity; For enterprises and investors, liquidity refers to the liquidity of book assets. All assets that are easy to be realized are liquid assets. The so-called excess liquidity usually refers to the excess of realizable assets. The central bank's interest rate increase is only an expedient measure to deal with inflation, which can slow down inflation in the short term. It can't solve the problem fundamentally. China's al economy is different from that of foreign countries. Raising interest rates will increase the inflow of hot money and fuel inflation. It's an interesting example. Under the condition of inflation, PetroChina is leading the trend of price increase, but the national development and Reform Commission has interviewed private enterprises such as Master Kang and Procter & Gamble to delay the time of price increase???? This year's CPI peak or close to 6% has far exceeded the 3.3% serious inflation bottom line. And this is only the data released by the Bureau of statistics. I think the real inflation should be at least close to 20%. So even if you are increasing by 10%, the interest rate is still negative. Some people expect that the increase in interest rates will lead to the relocation of some savings - on the contrary, it will strengthen inflation. Private enterprises can not borrow money, leading to continuous inflation of capital transfer. The tightening monetary policy only strengthens the investment in state-owned enterprises and central enterprises. The Central Bank of China issued 22.7 trillion additional currencies ring the great leap forward of high-speed railway. Not to mention the country's financial difficulties is the issue of additional currency. Mr. Bernanke's comments on China's interest rate hikes to fight inflation are staggering. Private enterprises earn foreign exchange and turn it in, and CIC invests in Morgan Stanley and loses money every year...... As long as you think it's in China, you don't have to figure out the nature of the country. Our government is always crying out to catch thieves. In my opinion, in order to solve the problem of inflation in China, we must start from the following points: 1. In particular, rece investment in high-speed rail. 2. Increase the preferential treatment for private enterprises and realize three-year tax exemption for private enterprises. How much employment rate would you like to absorb 72% of the tax revenue of more than 1 billion yuan comes from private enterprises and small and medium-sized indivials, and private enterprises bear more than 80% of the domestic labor force employment. Under the condition of increasing interest rate and appreciation of personal currency, private enterprises are greatly frustrated, leading to the rupture of capital chain, unable to continue) 3. Increase the tax collection of state-owned enterprises, rece overseas investment (state-owned enterprises -- enterprises of all Chinese people). And now it's completely changed, and it's the money bag of interest groups. According to statistics, CIC wastes hundreds of billions overseas every year. Who will pay for it??? Foreign countries are losing money, and China is printing and distributing money on a large scale, which leads to inflation.) Or to realize the transformation of public ownership of state-owned enterprises and central enterprises-------------------------- Now let's answer your question positively
why can the central bank raise interest rates to deal with inflation--------- Under the condition of interest rate increase, loan interest rate rises, enterprises can't bring money, exports are frustrated, commodities are sold at home, and prices naturally fall. That's all. However, in China, where the government and economic conditions are not mature, inflation comes from all kinds of complicated sources
I'm so tired. I'm finally finished. I hope it's useful for you. When you have time, you can communicate with me on 454268070 QQ

4. I found some information for you. I hope it will help you: the main reason for the rapid growth of China's foreign exchange reserves is the sharp increase of trade surplus. At the same time, on the one hand, the sharp increase of foreign exchange reserves has greatly increased speculators' expectation of RMB appreciation. On the other hand, in order to stabilize the RMB exchange rate, China keeps selling RMB in the foreign exchange market to buy US dollars, falling into a bad cycle, which also causes the sharp increase of foreign exchange reserves. However, the Chinese government dare not use more foreign exchange. The most fundamental reason is that the RMB is constantly appreciating. China must constantly sell RMB and buy US dollars in order to slow down the rate of RMB appreciation, which is concive to the growth of China's exports, so that domestic enterprises can avoid the impact of the rapid appreciation of RMB. However, we must not be too narcissistic, let alone feel "elated" that China's foreign exchange reserves have really "ranked first in the world" and "compared with the United States, Europe, Japan and other developed countries". This is not the case. While not easily won, we must keep a clear head and see some risks and bubbles. We can see that this "first" has some "comparable" with the US, Europe and Japan. Since the US subprime mortgage crisis, the more US dollar foreign exchange reserves there are, the greater the capital evaporated from the world and the greater the economic cost. In addition to multinational companies and domestic interests, it is China and the common people who have gained the benefits. When China's foreign exchange reserves exceed the 1 trillion mark and then surpass Japan to become the number one in the world, the government should be more worried than complacent. 1. China's compulsory settlement of foreign exchange. When the country has a huge foreign currency wealth, the exchange rate has become a huge problem. If we put in US dollars and absorb RMB, we will intensify the pressure of RMB appreciation and US dollar depreciation; If we put a large amount of base currency into US dollar, it will cause the pressure of inflation. Therefore, the trade-off between exchange rate and inflation is very important. 2. When there are more than 10 trillion US dollars in the national treasury, how to digest them is also a major problem for the Chinese government. In fact, a huge amount of dollars has been used to buy Boeing and support African friendly brothers. Thanks to this money, there are many more public places in Colleges and Universities under the Ecation Bureau. 3. The potential for economic growth has been undermined. The inflow of a certain scale of foreign exchange reserves represents the outflow of the corresponding scale of physical resources, which is not concive to the economic growth of a country. If the extraordinary growth of China's foreign exchange reserves continues, it will damage the potential of China's economic growth. 4. It brings a large loss of interest margin. According to a conservative estimate, if you have US $600 billion in foreign exchange reserves, the annual loss will be as high as US $10 billion, taking 2% of the difference between the return on investment and the yield on foreign exchange reserves. If the risk of exchange rate changes is taken into account, the potential loss will be greater. In addition, the vast majority of foreign exchange reserves in many countries are US dollar assets. If the US dollar depreciates, the country's reserve assets will also shrink seriously. Over the past 30 years of reform and opening up, especially in the last six years, foreign exchange reserves have increased rapidly. This is one of the important symbols of China's rapid improvement of its comprehensive national strength, and also a good "wind vane" for China's international competitiveness and status. It is indeed a very gratifying event, and is worthy of Chinese pride. However, such a large amount of reserves also have some disadvantages, which are also affecting China's economic development

5. The global financial crisis, which broke out in 2008, is evolving into a global real economic crisis. China's export market, which has reached 1.4 trillion yuan, is immediately seriously affected, and the growth rate is expected to drop by more than 12% year on year. In order to cope with the financial crisis, China will issue the revitalization plan of ten instries in the near future, including steel, automobile, shipbuilding, petrochemical, light instry, textile, non-ferrous metals, equipment manufacturing, electronic information and real estate. In my opinion, the introction of the "ten major instries revitalization plan" is the first time to put the instrial development plan back in the important position of the national economic development strategy after the abolition of the Ministry of metallurgy, the Ministry of machinery and other government instrial departments since the end of 1980s, which will have a significant positive impact on the development prospects of the ten major instries in China. However, it can not be avoided that from the perspective of the draft revitalization plan, there are still two hard wounds:

first, the "light instry" in the ten major instrial planning obviously has the color of planned economy system. It is obviously not in line with the law of instrial development to plan the instrial revitalization policy according to the administrative instry division of "one light" and "two light". In the manufacturing instry, which is closely related to people's life, the proction of fast-moving consumer goods and rable consumer goods are two distinct instries, with distinct instrial organization patterns and market rules. So why use the classification of "light instry" under the planning system to do instrial planning in the new era< Second, the word "revitalization" in the instrial "revitalization plan" is too old to reflect the core value and development orientation of instrial planning in the new era and at the present stage. Forty years ago, Japan and 20 years ago, the United States put forward quite systematic and effective instrial revitalization plans and relevant laws. China's instrial revitalization can also be traced back to the 1950s and 1960s and the 30 years since the reform and opening up. So what's the difference between the recent mention of instrial "revitalization" and the past? The simple repetition of the key words in the title obviously means that the planners have not really grasped the difference between today's planning and past planning

in my opinion, today's instrial planning must be dominated by "instrial dominance". It has been a long time since the leading power of Chinese enterprises was weak. At the beginning of reform and opening up, China's enterprises had just begun to integrate into the international market, and could only carry out the primary processing trade such as "three to one compensation". At that time, there was no concept of instrial dominance, or time to take it into account. Since the mid-1990s, the structure of China's export procts has graally upgraded from lighters and textiles to mechanical and electrical procts and high-tech procts. At this stage, Chinese enterprises begin to feel the importance of global instrial dominance. Whether it is the excessive dependence on external demand, the low level of international division of labor, or the decreasing average profit of enterprises, it can be attributed to the lack of "instrial dominance". Lack of leading power, Chinese enterprises can only OEM for multinational companies; Without leading power, Chinese enterprises can only be limited to low profit markets or channels; Without leading power, Chinese enterprises have no chance to obtain financial support and capital operation; Without leading power, Chinese enterprises can only passively accept foreign technical standards and purchase patents of foreign enterprises... Although the quality and technical level of Chinese enterprises' export procts have improved, they have failed to make corresponding high profits. Once the external demand shrinks, Chinese enterprises will suffer first. The great impact of the global financial crisis on China's export instry has once again proved that the lack of instrial dominance is the weakness of China's instrial development

the Great Wall Institute has long been concerned about the issue of instrial dominance. In my opinion, instry leading power includes market leading power, capital leading power and technology leading power. The market dominance includes the price dominance of instrial procts and the brand dominance of consumer goods; Capital dominance includes currency dominance and capital operation dominance; Technology dominance includes independent innovation ability, intellectual property transfer, technology alliance and so on. The technological dominance determines the acquisition of market dominance and capital dominance, which is the core content of instrial dominance

in my opinion, the core guiding ideology and fundamental goal of the instrial planning launched this time should be based on "gaining the global instrial dominance of Chinese enterprises". With the competition for global instrial dominance as the core, the national instrial revitalization plan should put forward clear guidelines in the following four aspects:

first of all, what is the direction of this instrial revitalization. On the current basis of these ten instries, it is impossible to achieve the goal of "revitalization" simply by expanding market demand. Only by changing the current instrial development path, developing new instrial development path and mode, taking the road of independent innovation and leading the global instrial development direction, can the top ten instries be revitalized fundamentally
secondly, what is the goal of instrial revitalization. If the aim is to expand domestic demand and ease the declining employment rate, it can only play a short-term effect, and can not promote the revitalization of these ten instries in the long term. In the direction of revitalization, we should follow the "Three Combinations" put forward by Premier Wen Jiabao when inspecting Zhongguancun Science and Technology Park on December 27, 2008, and serve as the guidance for formulating the revitalization plan, that is, "to overcome the immediate difficulties and maintain the long-term sustainable development of economy, to treat the symptoms and root causes, and to combine science and technology with economy."

thirdly, who should be the main body of instrial revitalization. Among the top ten instries, iron and steel, automobile, shipbuilding, petrochemical, textile, non-ferrous metals, equipment manufacturing, and electronic information instries are quite concentrated areas of large state-owned enterprises. Instrial revitalization planning should not evolve into a policy to support the monopoly status of state-owned enterprises. In the planning, we should encourage the development of private enterprises, increase the proportion of their instries, create a good external environment, promote private enterprises to compete in the international market, and compete for the instrial dominance

finally, what are the key measures for instrial revitalization. If we just talk about "strengthening technological transformation", "strengthening R & D efforts" and "providing special fund support" which have been talked about for many years, I'm afraid there will be no substantial promotion for the revitalization of the instry and the operation of enterprises. Before the announcement of the revitalization plan, efforts should be made to study what kind of policies should be introced in order to create a good atmosphere for Chinese enterprises to compete for global instrial dominance

specifically, the revitalization plan must focus on the development of new instrial development path and mode, start with the technology dominance, put forward specific measures to promote the independent innovation ability of enterprises, establish operable technology transfer platform and technology alliance between enterprises in line with China's reality, and promote the acquisition of technology dominance of Chinese enterprises

at the same time, through the analysis of four-dimensional value chain, we should study the internal and external influencing factors of instrial development, launch targeted instrial policies in different instrial fields, protect and support the development of key enterprises in the fields of international commodity prices and brand building, so as to compete for the dominant position in the international market

thirdly, to continue to stabilize the value of RMB, we should not depress the exchange rate of RMB because of short-term export obstruction, and we should stabilize the long-term expectation of RMB from the perspective of currency dominance, so as to promote the internationalization of RMB. At the same time, we should encourage enterprises with core competitiveness to participate in international M & A, take advantage of the opportunity of the global financial crisis to rapidly expand the global market share and establish the capital dominance of enterprises. Of course, the premise of M & A should be the detailed investigation of M & A objects and the analysis of cost and value.