The CoStone Reader Recommends Vol. 10



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Western Philosophy and Life

By Fu Peirong

    Western Philosophy and Life creates a whole new universe for readers to immerse themselves in the minds of 24 philosophers in the west. Candid and plain words make the complicated ideas of these great thinkers in history easier to understand. This book is designed to harness the most vibrant and essential philosophical ideas of history and allow readers to meet the leading figures of philosophers. It functions as an ideal introduction to western philosophy, as well as a charming way to open up a brand-new world for readers to seek for life goals.


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Where Is the Hometown

By Ye Fu

    Ye Fu shares his understanding on homesickness in this book. He has asked people so many times where their hometowns were. Most of them could not give a firm answer. Because once they were fully grown, they normally left their hometowns and abandoned them like a trash. If they did not, they could never set free. But Ye Fu, living in the world like an orphan, always immersed himself in the past. When he was drunk and was in high spirits, he could not help to get homesick. In this book, many sador legendary experiences show people’s persistence and interpersonal warmth in the changes of era.



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Love in the 1980s

By Ye Fu

    Love in the 1980s depicts a love story at the end of 1980s. Ye Fu, looking back to his life at that time, utilized the most romantic and candid words to record a pure and romantic love story happened during the time when China was undergoing profound changes. Chinese people were proud that Chinese was becoming stronger. This book also reflects the evolution of Chinese society.



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Creating Peace Forever

By Sheng Hong

    Civilization has been the center of human conversations. This book opens a new way to explore the meaning of civilization. Centered on civilization, Creating Peace Forever offers new thinking on relationship on economics and history, free trade of Britain, Chinese influence on the modern economics, Chinese branch of economics, the relationship between the Great Wall and Coase Theorem, institutional economics and the spirits of economics. Sheng Hong, as an outstanding economist, brings to readers illuminating ideas on economics that benefit all.

Rewritten by: Luo Xinying, Edited by: Du Zhixin, Wei Yiyi

The year 2019 marks the fortieth anniversary of China’s Reform &Opening-Up, once again, we meet at the turning point of history. What’s the next step for the game, is there any clear guidance? The answer is affirmative.

Our country is enjoying a good momentum of development, which does not come from the Washington Consensus nor the Beijing Consensus. China’s experience has proved that both the visible hand and the invisible hand are crucial: the visible hand, stands for the government-led reform, and would yield benefits for reform and opening up; the invisible hand, stands for the Marginal Power represented by the private sector, and would improve economic efficiency and tax collection, create jobs and employment opportunities.

Provided that we want to protect and expand the benefits form reform, three simple but mandatory agreements are to be made and followed: No.1 Private ownership must be recognized, protected and treated equally with public ownership constitutionally, both ownerships are scared and inviolable;No.2 Make further clarification of the principal position of market economy, “deepen economic system reform by centering on the decisive role of the market in allocating resources”, as President Xi addressed in the third Plenary Session of the 18th CPC Central Committee;No.3 Implement the guiding principles of “comprehensively promoting law-based governance” of the fourth plenum. The rule of law is essential for economic growth, irreplaceable to protect private ownership, and necessary to encourage innovation and entrepreneurship.

Above are three rules for us to avoid falling into the Middle-income Trap. Assuming that we are breaking systematic barriers to private enterprises’ participation in market economy, and boosting innovation and entrepreneurship of our society, then we are heading towards a promoting direction. We are marching in the path of light, regardless of the ups and downs of Sino-US relationship, the drop in GDP growth rate, or the monetary policy.

These principals also apply on knowing how better to run a business: don’t be hedged by rules and regulations at the beginning, pay more attention to your survival, and you’ll learn more when you start your second business.

For many years, Huawei has been the only Chinese company on the list of the Top 50 R&D Spenders. Regardless of the economy and its income, what Huawei has been doing is investing in its future, dedicated to R&D, continuously and resolutely. This provisional work underscores Huawei’s accomplishments, making Huawei anindustry leader.

So, there are standard answers on how to run a company,which could be summarized as concentration and professional dedication, continuous investment on innovation and trying harder in R&D. Entrepreneurship is also important, every single company needs entrepreneurs to push aside all obstacles and difficulties, to implement strategies and ideas. We, as investors, are destined to look for such outstanding entrepreneurs and their companies, invest in them and partner with them.

At this key point of history, a country, a company, or asingle individual, will all need to find the right path. Four decades after the Reform and Opening-up, it’s time to learn from our experience and stop “wadding across


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