中国宏观经济状况与货币政策抉择——基于后危机时代的视角

积极的货币政策帮助中国经济在危机中和后危机时代保持稳定而较快的增长。然而与之相随的是物价上涨、通胀压力显现和外部的人民币升值压力。当前中国经济的主要矛盾是防通胀,保增长的压力较小。而且,由于中国有管理的浮动汇率制度和对资本项目下货币流动的严格管理制度,利率上升本身不会对人民币升值带来显著影响,也不会导致热钱的大量流入。

Macroeconomic Status and Monetary Policy Choice in China

Proactive monetary policy resulted in a steady and fast economic growth in China in crisis and post-crisis era.But what following it are high pressure of inflation and appreciation of RMB.The current principal contradiction of Chinese economy is to against inflation,the increasing pressure is lesser.Moreover,because China has strict management system managing floating exchange rate system and the capital project money flows,interest rates rising will not bring significant effect to the appreciation of RMB,a...