Once the two concepts of crowdfunding and p2p online lending were released, the atmosphere was a little different.

Minister Zhang's face changed and he said in a deep voice: "What is the difference between these two and illegal fundraising among the people?"

Ma Yun didn't say anything, Li Dong continued: "The most fundamental difference lies in the regulatory issues!"

"Who will supervise?"

"Government, central bank, platform, enterprise, joint supervision!

Of course, the point is to raise the threshold!

Not every company has the ability to build this platform, and not any company can do it.

Raising the threshold and focusing on supervision cannot be left alone. Government supervision can effectively avoid some risk control problems."

Since he has already made the talk, Li Dong is not afraid of talking more.

Private fundraising is illegal, while p2p is legal.

However, the main problem of p2p being hacked into a dog is that the threshold is too low.

It can be done by individuals. No matter whether you are a human or a dog, as long as you build a platform, someone will believe it. This has to be said to be a mistake in the government and enterprises that promote the Internet financial industry.

We did not do a good job of publicity, did not take good control, and did not fulfill our regulatory responsibilities.

If we strictly control this industry when it is emerging, we will not have the situation in the future.

If large-scale publicity work is done well, only a few companies can obtain this qualification, and p2p scams will not be flooded.

It is precisely because of not doing this well that the Internet financial system has suffered a heavy blow. For a long time, everyone only knew Alipay and Yu'ebao, but not other Internet financial businesses.

If the supervision is really done, will there be messy scams in the future and the transfer of usury from offline to online?

Will there be such nude loan videos that cause college students to die?

These are all manifestations of poor supervision. If you really need to crack down on it strictly, such a thing will not happen.

The government has the responsibility for this, but the giant companies that promote the progress of the Internet financial system are also responsible!

Alibaba actually has a responsibility.

Some people may say that this has nothing to do with the company, and that the company cannot supervise and cannot take care of others.

But in fact, with Alibaba's strength at that time and the government made strong suggestions to raise the threshold, these things are very likely to be avoided.

As one of the pioneers, Li Dong cannot let himself bear this infatuation.

Therefore, it is necessary to increase supervision. Raise the threshold and even let your own family enter the market. That would be the best.

At least relatively speaking, there is still some confidence in the distance.

In later generations, almost all Internet finance companies did not have physical support, which is actually a big disadvantage.

Once risks arise, they have very weak resistance. It is common for them to roll over and run away if there is any slightest movement.

For groups like the long-distance industry with a large scale of hundreds of billions of yuan to do this, unless there is really no way out, otherwise it will not exist to run away with the money.

Of course, it cannot be said that there is no risk at all.

But risks always exist, and this risk can be minimized from afar.

Li Dong said and added: "The threshold standard is best to have industrial support, and the scale should not be too small.

Without industrial support, once a financial crisis is encountered similar to that of today, it will be difficult for companies to ensure the safety of their funds.

Of course, this fund cannot actually reach the company's own account, and this is government supervision.

However, the threshold standard must be high. I said that the purpose of industrial support is not to be afraid of capital issues, but mainly to be afraid that the company will not be restricted and will be uncontrollable at that time.

There are large-scale industries here, and they can’t even run away. Unlike some companies, they can do these things with a few computers, and they do them at home and abroad."

Ma Yun's face was pitch black, and he was deliberately targeting me?

Resisting the urge to curse, Ma Yun frowned and said, "This is Internet finance. According to your statement, Internet companies cannot participate? Is that still called Internet finance?"

Li Dong shrugged and said, "I just suggest, not necessarily."

Of course, the concept of industry is not just what you understand.

Our Internet companies, big data centers, cloud computing centers, Internet industrial parks, headquarters building...

These can actually be regarded as the embodiment of the Internet's embodied reality.

If you insist on thinking that I am targeting someone, it is that you are cautious.

What I target are just those companies and individuals who do not have this strength but are disrupting the market."

Ma Yun was speechless. He said everything he said to you. What else can I say?

Seeing that these two people were fighting again, everyone felt helpless.

Minister Zhang also said with a giggle: "Two, you guys, you have already started fighting yourself. How can the Ministry of Industry and Information Technology promote it with confidence?

Now, we need to unite all our forces to promote this industry..."

After he finished speaking, Li Dong's eyes lit up, "Minister, have you agreed?"

Minister Zhang smiled and said, "It's not a question of whether to agree or not, we need to look at the specific ones again.

Of course, I did not object to it. It is the wish of all of us to achieve new development in the Internet industry.

As for the issues of supervision and threshold you mentioned, we all need to prepare for long-term research.

In short, your suggestions are still feasible in my personal opinion.

After I go back, I will do some detailed investigations, and I hope that the people present can provide us with some detailed data reports and feasible specific solutions and measures.

At the appropriate time, I contacted the relevant departments of the Central Bank and the State Council and did some detailed discussions with you.

No matter whether it is feasible or not now, the road is still to be taken.”

Li Dong and others nodded quickly, and the chairman of the Internet Association also smiled and said, "As the minister said, we still have to go the road, and we cannot give up because of the choke.

The association will also do its best to coordinate everything.

In my opinion, this conference was extremely successful.

A group of enterprises with a sense of social responsibility emerged, and a group of pioneering industry leaders emerged.

The development of the Internet industry is inseparable from you and requires the joint efforts of everyone.

No matter whether this path can be taken or successful, I hope that everyone present will not give up hope and do not despair about the future.

Society needs you..."

The chairman is the chairman, and Li Dong and others are almost treating themselves as great men.

However, everyone understood her potential meaning.

This may not be successful, and there is a high possibility of failure, so that everyone will not feel resentment or self-giving.

In fact, there is no need for the chairman to remind you that the few people present are not tough.

A failure means nothing.

Now the push is unsuccessful, it will only take a while.

Seeing that Chairman Hu was a little pessimistic, Minister Zhang smiled and said, "No matter what, the Ministry of Industry and Information Technology will give you the greatest support.

I can't guarantee anything else, the openness and regularization of the payment system will be made. At the latest next year, I will promote the government's legislation and regulations.

This is also the greatest guarantee I can give you.”

Everyone was moved. Just as Du Anmin stood up for Li Dong, Minister Zhang said such decisive words at this time, which would have to pay a price.

Once the payment system cannot be formalized and legalized, Minister Zhang's reputation will be completely terrible.

Generally speaking, these people will not be full of words.

It was probably affected by some impact today. Minister Zhang himself may feel that if there is no progress at all, I would be sorry for everyone's enthusiasm and ambitions.

So, this guarantee was left at the end.

The original intention of Li Dong and Ma Yun and others was to promote the formalization and legalization of the payment system, and now they have achieved their goal.

...

After the small meeting, Minister Zhang, Du Anmin and others left first.

Li Dong and others did not rush to leave. The few sat in the conference room for a while. Ma Huateng dissipated the smoke for everyone, and everyone started to smoke together.

While smoking, Ma Huateng spitted out smoke rings and said, "I have been holding it up these days. I should be allowed to smoke next time I have a meeting.

I keep it in my mind every time I have a meeting, and I’m confused about something.”

Brother Ma is very addicted to smoking. Li Dong and others can do it or not. He will feel panic if he doesn't smoke for a while.

Everyone was too lazy to talk about Ma Huateng's words.

Li Yanhong glanced at Li Dong, thought for a while and said, "Li Dong, your idea and Ma Yun are good, but in my opinion, the time is not yet ripe.

At this time, if we want to compete with traditional finance, we lack some strength.

Among the several companies present, the powerful have barely reached a scale of 100 billion.
To be continued...