Model Hot — Li Rongrong

Li Rongrong (李蓉蓉) is a Chinese model, actress, and internet personality. She is best known for her work in the modeling industry, particularly within the fitness and fashion photography circuits.

Li Rongrong famously argued that the state should not try to run every business. He pushed for the state to "grasp" the large, strategically vital industries (defense, telecoms, oil, power) while "releasing" the small, non-competitive SOEs to the market via mergers or closures. li rongrong model hot

After Li left, many SOEs expanded recklessly during the commodity supercycle (2010–2020). They took on massive debt to buy non-core assets (hotels, football clubs, real estate). Now, with debt ceilings tight and growth slow, policymakers are rediscovering Li’s creed: "Efficiency over size." The current push for "lean management" in SOEs is a direct echo of Li’s playbook. Li Rongrong (李蓉蓉) is a Chinese model, actress,

Li implemented a rigorous financial oversight system. He demanded that SOEs shift from reporting "profits" to reporting "EVA" (Economic Value Added)—ensuring they were paying for their cost of capital. He was ruthless about removing "non-performing assets." He pushed for the state to "grasp" the

President Xi Jinping