从历史比较中寻找市场调整的逻辑——与深沪机构会议交流

经济周期回落和结构调整的叠加效应使经济回落承受更大的压力，经济出现周期性回落也是毫无疑问的趋势，经济结构调整将增加经济周期性回调的深度以及企业所感受的紧缩的压力，这一叠加效应的产生对于现行政策也展开了挑战。中央和地方政府政策目标函数在总体一致的前提下，可能存在的阶段性政策重点的差异，使得当前在经济增长和抑制通胀的宏观政策取向上还需要进行艰苦的观察和平衡。本土市场和全球市场的互动程度提高使得把握国内经济趋势必须要有全球视野。政策重点应当积极推动经济转型，在保持适度从紧的货币政策基调上，积极放松管制，鼓励市场创新。

Looking for the Market Regulative Logic from the Histroy Comparision——Intercourse with Shenzhen and Shanghai Organizition

The economic period drop and the structure adjust of fold and add the effect make economy drop bear the larger pressure,the economy appears the periodic drop is also a beyond all doubt trend,the economic structure adjusts the tight pressure that depth and business enterprises that wills increase the economic periodic back to adjust feel,this creation that folds to add the effect also launches the challenge to the current policy.Central and the local government policy target function is under the total and c...