The Great Sage Returns from Ten Years of Imprisonment

Vice President Wang's praise wasn't just polite; he was genuinely astonished by Ling Yun's proposal.

In this proposal addressing the ongoing global financial crisis and how the domestic government and financial markets should respond to it in order to better and more smoothly weather the crisis, Ling Yun conducted an in-depth analysis from both macro and micro perspectives and proposed solutions.

At the macro level, he suggested that national financial policies need to be shifted as soon as possible to adapt to the new situation of the rapid spread and escalation of the global financial crisis.

The specific policy shift refers to a rapid shift from dual prevention to ensuring growth.

Fiscal policy has shifted from prudent to proactive, and monetary policy has shifted from tight to moderately loose.

The shift in macroeconomic policy must adhere to several principles: maintaining growth, expanding domestic demand, and actively adjusting the national economic and fiscal and financial structure.

The discussion on macroeconomic policies alone greatly shocked Vice President Wang and made him ecstatic.

As the vice president in charge of all economic and financial work, he could certainly see how amazing the value of Ling Yun's suggestions was!

It is no exaggeration to say that these suggestions precisely address the critical issues facing China's domestic economy and financial markets, and each suggestion is invaluable.

At the micro level, Lingyun offered several more incisive suggestions to achieve the macroeconomic policy objectives he proposed.

For example, to ensure a smooth shift in monetary policy towards a moderately loose stance, Ling Yun suggested that the government could consider massive monetary easing, adopting a flood of liquidity to offset the huge impact of the global financial crisis on the domestic economy.

However, he also specifically reminded that if the suggestion of massive monetary easing is adopted, then it is essential to strictly limit the main direction of fund usage.

We should try our best to direct the funds released into the market towards infrastructure, agriculture, rural areas and farmers, and credit support for small and medium-sized enterprises.

We must strictly limit the scale of funds flowing into industries such as real estate, steel, and cement, and prevent the formation of excessive asset bubbles.

In addition, attention should be paid to the government's dependence on land revenue, and the scale of local government debt should be strictly controlled.

As he read through the suggestions, the shock in Vice President Wang's eyes grew increasingly intense.

Unsurprisingly, the way he looked at Ling Yun also carried a hint of looking at a monster!

He quickly skimmed through the proposal in five or six minutes.

He then looked at the time and got up from the sofa.

"Brilliant, absolutely brilliant! Xiaoling, the phrase 'if it doesn't shock, it won't be brilliant' perfectly describes your proposal."

"Time is limited right now, so I won't go into a detailed discussion with you here. There will be plenty of opportunities later. I need to take this proposal to a few other SZs for review."

"I believe their reaction will be the same as mine; they will all be amazed by this proposal. After the morning meeting, don't rush to leave. Let's take advantage of the lunch break to discuss it in depth."

As he said this, Vice President Wang reached out and patted Ling Yun on the shoulder, who had just stood up, his admiration evident in his words.

"Thank you for your recognition, SZ. I still have a long way to go, and I hope you can give me more guidance."

"After the morning meeting, I will contact Director Zhang immediately to answer SZ's inquiries."

Ling Yun quickly exchanged a few polite words, unable to hide his excitement.

He knew very well that this was a golden opportunity to shine, one he had earned, and he couldn't afford to miss it.

As long as I seize this opportunity and perform well, I will definitely increase my standing in the eyes of the SZs.

After chatting for a few more minutes, Vice President Wang took the lead in leaving the lounge to meet with the other SZ members and make final preparations for the meeting that was about to begin.

Before leaving, he took the folder from Deputy Director Zhang and the new USB drive that Ling Yun had prepared earlier.

This new USB drive contains not only the original draft and electronic version of Lingyun's important proposal, but also a large amount of reference data.

In addition, Vice President Wang gave specific instructions.

Information related to this proposal must be kept strictly confidential and must not be leaked.

If the government decides to adopt some of these recommendations, it will be reflected in the final outcome of this National Financial Work Conference and will be officially announced at the press conference tomorrow afternoon.

Ling Yun and Deputy Director Zhang resolutely carried out Vice President Wang's instructions without any compromise.

After Vice President Wang left, Deputy Director Zhang immediately murmured a few words of reflection.

"You're amazing! You always manage to surprise people. I've rarely seen SZ get this excited over a proposal."

"Your grasp of the trends in the international financial markets is truly remarkable. As expected, the international financial markets experienced a sharp decline from yesterday to this morning, which is the best proof of that."

Ling Yun was much more at ease when facing Deputy Director Zhang than when facing Deputy General Manager Wang.

Hearing Deputy Director Zhang's praise, he smiled and said a few polite words.

"I have a specialized field of arithmetic, and I've only achieved a little success by chance. I don't deserve such high praise from you."

Deputy Director Zhang nodded and made a few joking remarks.

"You're great in every way, except you're a bit too modest, not like a young person at all. But paradoxically, you're always full of energy and vitality."

"This may be because you are used to directing from behind the scenes, which has unconsciously cultivated this cautious yet meticulous style of doing things."

Ling Yun thought for a moment, then smiled and nodded.

"Well! You summed it up perfectly. Perhaps it's because I've been working behind the scenes for so long and gotten used to being low-key that I've unconsciously developed this habit."

After chatting and joking for a while, and seeing that the meeting time was getting closer, Deputy Director Zhang and Ling Yun left the lounge together and went to the meeting room not far away.

The difference is that Deputy Director Zhang will go backstage at the meeting to assist relevant leaders.

Ling Yun went inside the venue to prepare for this important meeting.

He entered the venue through a side and rear door, avoiding the view of most of the delegates present.

Only some of the delegates sitting near the side door saw him immediately!

The delegates were somewhat surprised to see how young and handsome he was.

Several of the delegates present recognized him and were initially surprised, but then filled with envy.

What made them so envious was that Ling Yun, at such a young age, was able to attend such a prestigious conference.

But when they think about the rumors surrounding him and his astonishing investment performance, they feel it's only natural.

After entering the venue and taking his place, Ling Yun nodded and greeted several familiar-looking delegates nearby, then quickly surveyed the situation in the venue.

His gaze swept across the crowd, and he quickly spotted some familiar faces and figures.

This included Director Li of the State-owned Assets Supervision and Administration Commission, Director Zhang of the National Development and Reform Commission, two vice chairmen and numerous members of the Financial Stability and Development Committee, Chairman Lou of China Investment Corporation, General Manager Wang of China International Capital Corporation, Yi Xing of the People's Bank of China, Chairman Zhao and General Manager Wang of Yuanda Group, and their entourage!

They were mostly sitting in the front row, either looking at meeting materials or chatting quietly, and did not notice Ling Yun entering through the side door.

Ling Yun quickly scanned the scene, then chuckled softly and turned to walk towards the back row.

In no time, he found a seat, gently placed his briefcase on the table, and sat down.

This seat is in the sixth row from the bottom on the first floor of the venue. It's in the center of that row, offering a great view, but it's also quite secluded.

The reason is simple: the representatives sitting in this area are mostly from the financial systems of various provinces and municipalities, as well as experts and scholars from various universities, but they are not the famous top experts.

At such a high-profile conference, it's difficult for delegates sitting in this area to attract much attention from the news media.

And this is exactly the result Ling Yun hoped to see.

This seat couldn't be better for him.

But things didn't go as planned; he was recognized at a glance as soon as he sat down.

"Hey, Ling Yun, what brings you to the National Financial Work Conference? Am I seeing things?"