After taking a sip of tea, No. 9 said: "It is urgent to change the economic development mode. To achieve this urgent task, we must take the protection and improvement of people's livelihood as the fundamental point and end point for accelerating the transformation of economic development mode, and take ensuring and improving people's livelihood as an important goal to promote the transformation of economic development mode. Only in this way can domestic consumption demand be effectively expanded, economic development has lasting momentum, social progress has a solid foundation, the country can maintain long-term stability, and achieve sustainable development."

When the leader No. 9 said this, he looked at Mu Guoxing and said word by word: "Comrade Guoxing, a few days ago, we several members of the Standing Committee met together and decided to take the rectification and reform of Jiangnan real estate as a pilot to gradually carry out this work nationwide. This work is very important, and whether it can be completed will be related to the exhibition of our country and the destiny of our nation. We unanimously believe that it is most appropriate for you to be responsible for this work. Today I will talk to you just to hear your opinions."

Fortunately, Mu Guoxing has conducted a lot of investigations and research on this work, and Jiangnan Province's rectification and reform of the real estate market have also begun to show results. Otherwise, it would be really difficult to answer this question if Chief Nine asked this question.

Mu Guoxing thought for a while and said: "Historically, some countries have also regarded real estate as a pillar industry in the rapid development of industrialization and urbanization. However, in recent years, due to factors such as resource and environmental constraints and international economic and technological competition, few countries have established real estate as a pillar industry. Unless the national economy may experience a recession, the real estate industry is used to drive economic growth, but it is not a pillar industry to provide long-term policy support for it.

The characteristics of high correlation and strong driving force are themselves a double-edged sword. Relying on the real estate industry to drive growth for a long time is not only unfavorable to economic stability, but may also lead to extensive economic growth and rough economic structure, and even lead to imbalance in the entire economy. When this imbalance reaches a certain level, it will undergo compulsory adjustments under the influence of economic laws themselves, destroying the original proportional relationship or structure, so that the social economy can re-operate on the basis of a new balance. This is the arrival of the economic crisis and its destructive effect."

Mu Guoxing talked freely, fully demonstrating his solid economic theoretical foundation and forward-looking economic exhibition ideas: "From my country's practice in recent years, positioning the real estate industry as a pillar industry of the national economy, on the one hand, it is easy to ignore the function of housing to ensure people's livelihood, and on the other hand, it often provides theoretical basis and realistic paths for non-scientific exhibitions that one-sidedly pursue GDP. It has enabled the monetization reform of housing allocation formulated by our country to some extent from the beginning of its implementation, and some cities have pushed it to the extreme, and evolved into a deformed dependence model for economic growth and fiscal revenue increase."

The 9th smiled and nodded, meaning that he supported and agreed with Mu Guoxing's statement. After Mu Guoxing was inspired, his speech became smoother and smoother: "From the 'bulldozer economy' and 'demolition economy' that some cities have been pursuing in recent years, although it can increase the height of the building and GDP statistics, it not only plays a very limited role in improving residents' actual living standards, but also brings some human tragedies due to demolition issues. Therefore, this way of exhibition of the real estate industry kidnapped the entire economy must be completely changed. Otherwise, a big country like us, "does not rely on technology to speculate on land" and "does not rely on enterprises to rely on real estate" will not only harm people's livelihood, but also seriously hinder the economic development and the improvement of comprehensive national strength."

Gen. Nine laughed: "Your metaphor for bulldozer economy is very appropriate. In fact, the problem of some local governments increasing fiscal revenue by selling land is getting worse and worse now. On the surface, the GDP growth rate is very fast every year, but if you analyze it carefully, you can get the money from selling land. It's better not to have such GDP. Comrade Guoxing, today we are the two of us, so we will talk more deeply."

Mu Guoxing was also deeply inspired when he saw his speech, and he sorted out his ideas and said: "As for the current economic model in the world, no model has been successful because real estate has leveraged. Because real estate does not have the ability to lead the overall upward economy, so far, humans have not had a residential revolution similar to the Internet revolution, which can improve and advance the efficiency of the residential field to every field. On the contrary, when housing prices reach the peak of madness, it often means the failure of a certain model, such as Japan in the 1980s and the United States before the subprime mortgage crisis."

"The era we are in today is very different from the situation in the early stages of capitalist industrialization and even the last century. First, with the increasingly fierce competition for the comprehensive national strength of countries around the world, many countries have accelerated the pace of technological updates and industrial upgrading, and regarded high-tech industries as the leading industry and even pillar industries of economic development. Secondly, because capitalist countries have over-relied on the consumption of energy and various resources and caused damage to the environment in the past few hundred years of industrialization, the economic development of countries around the world is subject to severe resource and environmental constraints. It is impossible for our country's industrialization process to follow the footsteps of those old capitalist countries and continue to follow the path of high resource consumption and high environmental pollution."

"Especially, the international financial crisis that has exploded in recent years has brought my country's economy into a critical period of urgent structural adjustment and transformation of development modes. If the real estate industry still drives growth, it will not only lead to further structural imbalance, but also lead to a real estate bubble, bringing huge risks to the national economy. Whether from the perspective of domestic exhibitions or international competition, my country's pillar industries and even strategic industries in the future should be locked in "smart industries" such as high technology, culture, and education. Because these industries not only rely mainly on human intellectual investment to seek development, but their added value can also bring better social benefits."

Chief No. 9 praised: "Comrade Guoxing is well said! The current economic crisis has also brought opportunities for us to adjust the economic structure and transform the development strategy. Historical experience shows that the more economic crisis or depression, the more it is a period of opportunity for high-tech, culture, education and other industries to showcase and prosperity. Therefore, in the face of the new trends in the world's economic and technological exhibition today, and the competition between countries for comprehensive national strength, we should regard high-tech, culture, education and other smart industries as the dominant and even pillar industries of the national economic exhibition. As for the real estate industry, it should return to the position of people's livelihood as soon as possible. Whether from the perspective of national economy or people's livelihood, a real estate industry positioned at people's livelihood is crucial to us. It is not an exaggeration to say that it is a pillar industry, but it is not a pillar industry that drives GDP, but a "people's livelihood-oriented pillar industry" with the purpose of ensuring people's livelihood, improving housing security as an important content, and achieving the goal of having a place to live."

"The Central Plenary Session held at the beginning of this year emphasized that "taking science exhibition as the theme and accelerating the transformation of economic exhibition mode as the main line", and also indicates that the era of "taking GDP to discuss political achievements" will come to an end. In the process of implementing the spirit of this plenary session, it is indeed necessary to have a great ideological liberation in coordinating economic and social exhibitions, and make new considerations for the real estate industry that concerns the national economy and people's livelihood, so that the real estate industry not only plays its due role in promoting economic exhibitions, but also reflects important functions in promoting improvement of people's livelihood and social harmony. If our government cannot shift from "GDP orientation", "financial orientation", "image orientation" to "people's livelihood orientation",

The real estate industry exhibition will be further away from the public, and even 'the real estate industry exhibition has been exhibited, the GDP has grown, but the people's housing has disappeared'; 'The city has become an image, the government's political achievements have been achieved, and the people's housing has been lost', etc. Deviate from the scientific exhibition. Only by ensuring and improving people's livelihood, the driving role of the real estate industry on economic growth and the solution of people's livelihood problems can better coordinate the development of the economy and society, meet the requirements of scientific exhibition as the theme, and bring hope to the transformation of the economic exhibition mode. This is also the main purpose of the central government to carry out rectification of the real estate market across the country."
Chapter completed!