Huiquan Fund's Chen Hongbin: if necessary, we must give money to the people, and we can no longer have the idea of "not supporting lazy people".

The China Chief Economist Forum Annual Meeting of 2026 was held in Shanghai on January 10-11, with the theme "Reaching the Endgame: Building a Strong Nation by Building on the Past and Starting Anew". Chen Hongbin, the Chief Economist of Huiquan Fund, attended and gave a speech. Chen Hongbin made three suggestions for the Chinese economy in 2026: First, when necessary, money should be distributed to the people, and the old idea of "not feeding lazy people" should be abandoned as it hinders labor productivity, the emergence of artificial intelligence requires us to change this mindset. Second, interest rates should be lowered. There is a negative output gap that requires interest rate adjustments worldwide, failure to do so could lead to more serious problems and hinder growth. Third, the development of the modern service industry should be promoted to ensure the livelihood of ordinary people.