On 6 December, 2016, invited by Wu Chaozong, the chairman of the company’s board, Sun Lijian, the professor of Fudan University, gave economic lectures in Greatoo. Wu Chaozong, the chairman of the board, Li Min, the vice director of Industrial Association, Chen Xiaoyu, the vice director of the Bureau of Medium-sized and Small Enterprises, Yang Lequn, the general manager of the company division of the Industrial Association, Wu Yuzhi, the section chief of the Bureau of Medium-sized and Small Enterprises, Zu Ziliang, the vice section chief of the Bureau of Medium-sized and Small Enterprises, the representatives of the secretaries of Zhongde’s Hundred Group and the medium and senior managers of Greatoo attended the lectures.

As the vice director of the economic department of Fudan University, the vice director of the university’s economic research institute, the vice director of the university’s world economic research institute, the editor of World Economic, the researcher of the finance research institute in Fudan University as well as the researcher of the international research center in Japan Hitotsubashi University, Sun Lijian mainly studies the minor structure of the finance market, the comparative financial system, international finance, empirical finance theory and open macro economics.

The lecture was mainly divided into two sections of the economic trends and financial investment of China and finance difficulties and the breakthroughs of enterprises and analyzed the current financial market in China from three aspects, the challenges of Chinese economy, the investment strategies in unstable market and financial opportunities for practical economy. Professor Sun analyzed the economic challenges from the obstacles of China’s reliance on foreign economy, the , the sequences of the government’s economic stimulus, the limits of consumption, the overflow effects of the loose policies under the orientation of big powers and the market competition in a time of global crises. In a word, the prosperous finance contradicted the development of practical industries. In terms of the investment strategies in unstable market, Sun used the cycle theory of investment in normal market to analyze the investment strategies in an unstable market and taught us the investment way of capital and the control of risks. About the financial opportunities for practical economy, he said that there were large market potential by the individual supplies and diversified consumption and prosperous prospects for the increase of marginal income. We must seize the chance of the restructuring of the global value chain and national strategical opportunities of the policy of innovation-drive, one belt and one road, regional economic, internet+, the international development of RMB. Meanwhile, we should learn a lessor from the international financial crisis and strengthen the cooperation between the east and the west and seize larger opportunities of investment.

Sun said that the problems of enterprises must solved firstly in future market. In order to survive enterprises, taxes have to be reduced and the interest rate of business loans has to be sacrificed to control the loan cost of enterprises in the land investment, which will encourage the enterprises to expand the business. As long as enterprises grow, the income of people can increase, so as the government. Enterprises must firstly be developed, government improved its public service and people make contribution to the development of enterprises and earn income, which formed a position cycle. Sun thought that China’s social welfare should be built on the basis of economic development instead of the printing of paper money. More money will lead to inflation. It’s enterprises that produce wealth. Both people and government rely on enterprises.

Though a day’s lecture, Sun analyzed China’s current economic challenges and Greatoo’s role as a practical enterprise in global economic. He expressed his surprise at Greatoo’s achievements and encouraged the company to persist in technology innovations and realize the connection with the world under the direction of macro economy and its own efforts, without reliance on government’s help and labor.

News from Huang Minyan