Theoretical System - National Financial Strategy Discipline Theory

Article 1: The theoretical system of the National Financial Strategy discipline was founded by Professor Liang Xi, the founder of the National Financial Strategy discipline. In the process of conducting on-site research at the grassroots level and preparing national strategic projects, the research group has always used the innovative theoretical system of the National Financial Strategy discipline to guide on-site research and the preparation of national strategic projects. Strategic positioning of the National Financial Strategy discipline: a new comprehensive applied discipline that serves national financial strategy, regional economic development, and major national projects. The discipline of national financial strategy follows the laws of the universe and humanity, originating from practice and the people, summarizing from practice and the people, and serving practice and the people; a new comprehensive applied discipline system serving national financial strategy, regional economic development, and major national projects.

Article 2: Source of National Financial Strategy Discipline: Combining the basic theories of international financial engineering with the actual situation of China's economic construction, deeply analyzing the six major contradictions faced by China's economic society and fiscal and financial fields in the new era, It has put forward a systematic solution to comprehensively implement the financial innovation theory of the national strategy (One Belt One Road、the Guangdong-Hong Kong-Macao Greater Bay Are、Coordinated Development of the Beijing-Tianjin-Hebei Region、Integration of the Yangtze River Delta、Yangtze River Economic Belt、Rural Revitalization、The Hainan Free Trade Port、Ecological protection and High-Quality Development of the Yellow River、Made in China 2025), and established a new comprehensive applied discipline, the National Financial Strategy discipline, which serves international financial strategy, regional economic development, and major national projects.

Article 3: View of interests of National Financial Strategy Discipline: It is a discipline in the macroeconomic field that aims to implement national strategies, provide financial innovation theory and policy exploration, and business model innovation. This discipline always adheres to a problem oriented approach and is based on practice; always practicing the basic principle of highly consistent national interests, people's interests, corporate interests, and individual interests. It is a new practical discipline that serves national strategy.

Article 4: The scope of National Financial Strategy Discipline: it is a multi-dimensional spatial universe thinking, unique business model and international financial engineering methodology based on the transformation and upgrading of existing traditional industries with new technologies (Internet + Big Data + Artificial Intelligence+Cloud Computing+Blockchain+Internet of Things), focusing on the development of emerging industries; It is another discipline that studies "capital, credit, and wealth", which studies the supply and demand of money, the classification and attributes of capital, the generation and application of credit, and the creation and distribution of wealth. The National Financial Strategy Discipline follows the laws of the universe and humanity, originating from practice and the people, summarizing from practice and the people, and serving practice and the people. Summarize The National Financial Strategy Discipline in three simple and understandable sentences: Currency Movers, Credit Managers, and Wealth Creators.

Article 5: The theoretical system of the National Financial Strategy Discipline contributes and achieves in the history of Chinese finance and international finance;

Firstly, Established a new comprehensive applied discipline system that serves national financial strategy, regional economic development, and major national projects. The National Financial Strategy Discipline follows the laws of the universe and humanity, and takes it as its own responsibility to practice the financial innovation theory and practice of national strategies such as One Belt One Road、the Guangdong-Hong Kong-Macao Greater Bay Are、Coordinated Development of the Beijing-Tianjin-Hebei Region、Integration of the Yangtze River Delta、Yangtze River Economic Belt、Rural Revitalization、The Hainan Free Trade Port、Ecological protection and High-Quality Development of the Yellow River、Made in China 2025, propose a systematic solution for financial innovation theory and practice to implement national strategies from the standpoint of national strategy.

Secondly, systematically categorize capital into five types: Government Capital, Financial Capital, Private Capital, Industrial Capital, and Securities Capital. According to quantitative analysis of five types of capital (Government Capital, Financial Capital, Private Capital, Industrial Capital, and Securities Capital), China's total of these five types of capital is RMB 95.26 trillion (according to incomplete statistics in 2022). Among them, government capital (2.09%) is RMB 20 trillion, financial capital (52.05%) is RMB 495.6 trillion, private capital (23.82%) is RMB 227 trillion, industrial capital (11.96%) is RMB 114 trillion, and securities capital (10.07%) is RMB 96 trillion. Provide theoretical basis for the central government to formulate national financial and monetary strategies.

Thirdly, credit can be divided into four types: Government Credit, Bank Credit, Enterprise Credit, and Personal Credit. On the basis of four credit theory classifications, the national financial management department theoretically separates the management of "enterprise commercial credit" from the banking system, returns "enterprise commercial credit" to the creator of credit - enterprises, and provides policy, theoretical, and legal basis. For a long time, scholars and theoretical circles have corrected the concept of "enterprise commercial credit"="currency", to provide a theoretical basis for improving the comprehensive competitiveness of enterprises through the legitimate and reasonable application of their enterprise commercial credit.

Fourthly, propose the idea of creating a "National Tax Credit Digital Asset Trading Platform". Propose a credit evaluation and transaction system based on corporate taxation, personal taxation, bank taxation, and local government taxation, with the establishment of a "National Tax Credit Digital Asset Trading Platform" as a symbol. Transfer the credit evaluation and rating rights of enterprises from a very small number of evaluation agencies determine the fate of thousands of enterprises to the enterprises themselves . The enterprises will determine their credit rating and evaluation based on taxation. Enterprise tax credit is valuable. Through tax payment, enterprises can obtain commercial credit for transactions, buying and selling, procurement, investment, etc. This not only increases a large amount of tax revenue for the country, but also brings huge tax credit value to tax paying enterprises, effectively encouraging them to pay taxes legally and not to evade taxes. Trading four types of tax credit: individual, enterprise, bank, and government: comprehensively incorporating individual tax credit, enterprise tax credit, bank tax credit, and local government tax credit into the "National Tax Credit Digital Asset Trading Platform" for trading.

Fifthly, propose a comprehensive solution to effectively solve local government platform debt, and providing a solid theoretical foundation and practical feasible path for local governments to solve debt problems. On the premise that the country does not issue additional currency or transfer government platform assets, it is theoretically explained that the basic construction of local governments is not solely based on government platform debt, but should fully utilize the intangible asset of "government tax credit" to solve the problem of not being in debt for local economic construction and accelerating local infrastructure construction.

Sixth, put forward the theory and practice of financial innovation to implement the "One Belt One Road" national strategy and promote RMB internationalization. By adhering to the three basic principles of "Equal Free Trade, Equal Physical Investment, and Local Currency Settlement", effectively solve the trade deficit between China and the United States, promote China's international production capacity cooperation process, and propose a systematic solution to the goals, paths, channels, and methods of the RMB internationalization. Propose the basic principle of highly consistent national interests, people's interests, corporate interests, and individual interests in the distribution of project investment benefits.

Seventh, Propose and collaborate with Central Ministries, National Think-Tanks, and higher education institutions to research and practice the top ten national financial strategies and livelihood welfare issues for implementing national strategies.

1. Research on the Internationalization of RMB (onshore and offshore digital currencies)

2. Research on Creating Wealth for the Chinese People with Foreign Exchange Reserves Sleeping in the Safe of the State Administration of Foreign Exchange

3. Research on China's Local Government Platform Bonds

4. Research on the National Tax Credit Digital Asset Trading Platform

5. Research on National Overseas Asset Management Project

6. Research on EEL Settlement Center (Equal Free Trade, Equal Physical Investment, and Local Currency Settlement)

7. Research on the United Nations Marine Digital Economy Global Financial Settlement Center Project

8. Research project by the United Nations Development Programme and the United Nations Department of Hydrogen Energy Industry

9. Research on Non-governmental AIIB Projects

10. A series of research topics on social welfare: research on the transformation of the pension Industry to the pension welfare industry, research on the transformation of the medical industry to the medical welfare industry, and research on the transformation of the education industry to the education welfare industry.

Ten courses in the discipline of National Financial Strategy:

1. Introduction to National Financial Strategy

2. Capital ( Government Capital, Financial Capital, Private Capital, Industrial Capital, Securities Capital)

3. Credit ( Government Credit, Bank Credit, Enterprise Credit, and Personal Credit)

4. National Strategic Projects ( Domestic industry, overseas “One Belt One Road”, finance and social welfare)

5. Regional Economic and Social Development Financial Strategy ( Financial strategies for regional economic development in 31 provinces, municipalities, and sub provincial cities, as well as in key prefecture level cities and key counties and cities)

6. Development Financial Strategy for Key Enterprises in Traditional Industries and Strategic Emerging Industries

7. Trading and Settlement (Product Trading and Settlement, Service Trading and Settlement, Financial Product Trading and Settlement, Credit Trading and Settlement)

8. Currency issuance rights, exchange rate pricing rights, asset pricing rights

9. Building a globalized national financial system

10. Social welfare undertakings and industries (Medical, Pension, Education)