After discussing the general direction of the development of the financial industry, the government's agenda shifted to commerce, or more precisely, the issue of domestic consumption.
Ernst said: "I believe everyone is somewhat aware that since the mid-20th century, with the development of economies worldwide, particularly under the backdrop of the second technological revolution."
"More and more countries have completed industrialization, or are making significant strides toward industrialization, and corresponding to this is the increasingly fierce competition in the international market."
"Countries are actively developing their national industries, increasing production, which causes total supply to continuously surpass total demand, leading to frequent outbreaks of economic crises."
