Chapter 1235
Li Linfei nodded: "First of all an Adam Smith title I think gets it wrong - the wealth of nations."
"In fact we know that wealth is a virtual number, entirely constructed by power, but the really difficult thing, the increasingly fine international division of labour, how to collaborate."
"The hardest thing for railway workers is collaboration, especially during the spring rush, if this train drives over and there is no call, two trains collide then it's over still invisible hands, that's going to live hell."
Zhou Xin: "Pfft ...... I just pinched off that part."
Li Linfei: "So where our Chinese solution is really advanced is in the increasingly developed international division of labor, and I can say this, the Chinese people's ability to coordinate and dispatch the division of labor and collaboration far exceeds that of developed Western countries."
"Of course more than other developing countries, so our characteristic is the coordination mechanism of division of labour competition, like some Weibo publicist V and 'Belt and Road Party' just know how to shout openness every day, then how to open up? This he does not and will not talk about."
"So how are we opening up? An independent and autonomous type of opening up, not the forced type of opening up fought in the yapian wars back then, nor the dependent opening up like Eastern Europe and the Philippines."
"Who are they dependent on? The West, frankly the old US, so where is the middle income trap, you only have the trap of a dependent economy."
"Back then Argentina was even richer than the old US, and what happened? Became the first ever to fall from a developed to a developing country, and believe it or not, is now dependent on the old American economy, and especially on the old American finance."
"An economy like that says it's collapsing, look at the inflation rate in Latin America."
"So openness is not the same as success, openness may die faster, some of the big V on Weibo, the so-called 'Belt and Road Party' they ...... are still shouting let's open up when the storm is coming, then you should at least know that it is raining heavily To go into the eaves to shelter from the rain, into the harbor to shelter from the wind ah."
"And there is a group of people in the country whose strategy is to respond to all changes with no change, open it up and be done with it, the storm is coming ...... shouting open! The sun comes out ...... shouting open!"
"You're still shouting open at night when you're sleeping, you have to at least keep up with the times and also adapt to local conditions."
"Then I think the independent and autonomous type of opening in China is organically combined with the reform of the 'dual-track system', what is the 'dual-track system'? To balance stability and innovation."
Zhou Xin: "In terms of innovation, you may have the most say in technological innovation, Mr. Li."
Li Linfei: "Technology innovation or other innovations, there is no doubt about one thing, you innovation must be a disruptive process, then historically many disruptive processes are accompanied by revolution, turmoil or the Great Depression."
"Even if it's lighter, at least the pain is inevitable, right, so this invention of ours in China I think is an unprecedented programme or experience, the Chinese programme, the Chinese experience."
"It's the dual-track system!"
"Keeping social stability on one side and opening up the special zone on the other, this time with the establishment of our 'Life Ray', wireless power transmission technology, unmanned autopilot technology, we chose to do it in Xiangzhong City, frankly in the Xiangzhong High-Tech Zone as a pilot."
"We first engage in a decade or eight years here to try, competitive then open bigger, can not win open smaller, really does not work, shoot, I will not conduct the whole country to cause a whole social unrest right?"
"So you see stability and innovation both, right? Fish and bear's paw can actually be both here, this is the superiority of the dual-track system."
"You say we Chinese have contributed to the world by creating such a theory, I think future history will prove the greatness of the Chinese solution, if we follow that theory of neoclassical economics."
"What shock therapy, that's the end of it, it tells you to open up fully, you have to know that a mega country like ours, with a population of 1.4-5 billion, is not allowed to make strategic mistakes, the cost of that would be unbearable or even unbearable."
"The key is to open up independently and autonomously rather than relying on opening up or even being forced to open up, relying on people will inevitably be subject to others."
"So why do we have the independence to do what we want to do? The reason is simple: we have an independent and autonomous science and technology system, an independent and autonomous defence system, so naturally we have an independent and autonomous financial policy."
"Our central bank policy is more independent than that of Germany and Japan, and the reason is also very simple, we don't have the old American garrison on our soil, understand?"
Zhou Xin laughed, "To put it bluntly we have a reliable stick in our hands, whoever comes to mess with me has the ability to beat him back home."
Li Linfei nodded: "That's right, that's the truth, so I think in the future, for example, Latin America, the subcontinent, these emerging market countries to really take off, will also use our Chinese program."
"And then another China in the economy of scale and industry cluster economy, to say the least we Chinese may be in bliss, foreigners like Chinese food not without reason, we have a dozen dishes on the table, while Europe or America, only meat without a few vegetables, that won't work."
"This represents the biodiversity of China, and the scale of production now implemented in the US, the old US has the Great Plains, which is much bigger than us, especially the scale of production of food that destroys the local biodiversity, which is more dangerous than even a nuclear war."
"The huge change in the global environment is a sign that the Anglo-American model of the division of labour has come to an end, destroying the environment, and people may not know the horror of the US destroying local biodiversity."
"Recently the foreign press has been reporting more and more on what local diseases from rats can be transmitted to people, from chickens to people, from mad cow disease to people, and there has never been any cross-contamination of animals in history."
"This is the result of the old American model, why? Monoculture mass rearing put in one place and then you can't get sick? Then you have to give antibiotics, and now antibiotics have failed, this disgusting cycle of constant pesticide use, destruction of the earth's ecology and even threats to human genes."
"And China's advantage she has both economies of scale because we are a mega-state, but the greater advantage is instead our original mountainous and landless lack of plains extremely complex natural environment, we have less plain land."
"We can't compare with the old US, and we are less than San, we have a complex diversity of geography, from west to east and from north to south."
"This environment has created our agriculture to develop a variety of crop operations, and then we have whatever we want to eat, and then that includes industrial products, home appliances, etc."
Chapter 1236
"You go and look at the domestic market for appliances, there are at least three or four times more varieties than the old American market, so they say they want to compete with us on an equal footing and frankly we beg to differ, you open up ...... just say cars, there are hundreds of car brands competing in the domestic market."
"Is there any in the old US? No! There are hundreds of mobile phone manufacturers competing in the country, does the old US have one? No! Your old US market economy status relies on the monopoly position of technological hegemony represented by semiconductors, I am the real market economy, and now the semiconductor monopoly is broken."
"The level of competition in the market economy in China is the highest in the world, and it's not even too much to describe it as miserable, don't you have a 'Red Sea' concept in the mobile phone industry, for example? It's miserable, isn't it?"
"Which of the famous brands nowadays are not killed in a bloodbath? And I don't dare to say that they will survive tomorrow, how miserable."
"How do you call this our non-market economy status? So the old American said we are not refuted ignored, not that you say there is no market economy status, this is simply a fact that does not depend on the will of the individual, you refute a what?"
"So China has both economies of scale and economies of industry clusters, the Pearl River Delta, Yangtze River Delta and so on, what parts are missing to place an order, all can give you a one-stop package, we are the only country in the world with a complete industrial system, the only."
"Then I'm optimistic that the old US, Europe, Little Ben and the Stick have no way to compete with China, and if the trade war is still going on, this is the reason we will win, not because I'm Chinese, or because of my ideology."
"Another thing is that our ability to learn is actually more important than capital labour, that's why China is developing so fast, not actually because there is more capital, not because the labour force is young and plentiful, but because it learns fast, why?"
"I think it's precisely the Western embargo on us, the embargo trained a large group of engineers that would reverse engineer, buy a German device and dismantle it for you, dismantle it and then build a new one out then also make it better and cheaper than your original, then of course your property rights and competitive advantage is outlawed by me."
"Some people despise that we are copycats, and a little bit more directly, they call it stealing technology, so do you build it for San? You give Fibin he made it? In fact, the official forced the people to force good people to become prostitutes."
Zhou Xin blinked at his last sentence, sounding odd, while Li Linfei reacted quickly and immediately said, "Uh no, of course I'm not a prostitute, but you're an official forcing the people to rebel, right?"
"But actually it makes sense to say that forcing good people to be prostitutes, so many businesses say they are cottages, they were originally good people you forced people to be."
"Why? Because patent pricing is differential pricing, companies in developing regions should charge low royalties, but the US bullies us into charging higher royalties than even developed countries, not to mention that things are still poor."
"So the copycat is also forced by you, some equipment we are even willing to be ripped off you do not sell, fortunately we compete, reverse engineering is doing a good job."
"So you want to tell our companies not to copy, of course, we can compete on an equal footing, this is the minimum, then you dare to announce how much royalties you charge to companies in developed countries, and how much you charge in comparison to our companies?"
"Even if we reduce to the level of developed countries on an equal footing, it is much lower than now, they dare not publish the data, that is definitely a number of people's anger."
"And the WSIO World Semiconductor Industry Organization, which we led the establishment of, has a special principle that provides for preferential supplements to enterprises in underdeveloped markets, and this you can go and read the contents of the WSIO Agreement."
"So don't say that any reason is all yours and then you still take advantage of all the bargains, everyone is clear in their hearts, it's not nice to say it."
"Then the last one is that a government with a vision can have a long-term infrastructure, can have the foundation soil for development, the western side is pulling its tongue out for three days."
"A bill overturned and overturned, and overturned and overturned, and what super projects of a long term nature like building power grids and high speed rail? If you build a high-speed railway and my air transport business is affected, this interest group will definitely oppose it."
"Hotel business income went down, also opposed, nearby residents, the selection of the line, the noise caused by the surrounding real estate value decline, also do not do."
"It does not matter part of the people likewise do not do, and I do not have a half benefit why spend my taxpayers' money? No!"
"So you see, the West is going to have a big infrastructure project for eight or ten years pulling the wool over the eyes."
At the end, Zhou Xin was finally satisfied to stop asking further questions and smiled, "Thank you very much, Mr Li, for letting us see the world through your eyes through this exclusive interview."
......
Once the exclusive video interview was over and the timing was right, Li Linfei invited Zhou Xin and her partner for a lunch, which she would not refuse, as interviewers sometimes need to be cheeky too.
At the table, during lunch, Zhou Xin couldn't help but ask, "Mr. Li, Professor Chen is a physicist and an economist, so do you think he is a higher level of research than a pure economist?"
At this Li Linfei glanced at her and laughed, "Does this count as an interview?"
Zhou Xin shook her head and laughed, "The interview is over, of course you can not answer if you are not comfortable to comment, I just asked it casually."
Li Linfei took a slice of vegetable into his mouth and held his chopsticks to his jaw with a thoughtful look, then said, "How can I put it, although there is only a difference between economics and economics, the difference is actually quite big."
"Economics is a set of scientific and normative theoretical system, while economy is a socio-economic activity, one is the essence and the other is the phenomenon, the difference is still very big."
"Whether Professor Chen is higher than a pure economist in terms of research level, this has to be analysed in specific issues. From the point of view of physics, pure economists hardly understand physics, then of course Professor Chen is higher than them."
"But from the perspective of economics, it is difficult to say which is higher ...... or lower, Professor Chen, who does heretical economics research, compared to pure economists."
Zhou Xin nodded, the two sides are also eating and chatting quite pleasantly, after a while she said, "Mr. Li, how do you see the old United States as the global leader, or what is the fundamental to maintain its hegemony?"
Without thinking much, Li Linfei blurted out, "Without a doubt, high technology!"