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Author: | Wu, Jinglian |
Title: | Assessment of the present China's macro-economic situation and the countermeasures adopted (original in Chinese) |
Journal: | Reform (c)
1993 : 4, p.4-7 |
Index terms: | ECONOMIC PERFORMANCE ECONOMIC CONDITIONS INFLATION ECONOMIC POLICY CHINA |
Language: | chi |
Abstract: | The assessment of the China's macro-economic situation in the first half of 1993 may be expressed in one word as the spokesman of the Statistics Bureau said:" The pressure of the currency inflation is being released". The sources of this inflation were: (1) the reform, especially the crucial reform, was seriously backward; (2) non-commercialized management of commercial banks, and the governmental burden caused by a function of preparing low interest funds of policy, those threw things into rather great confusion. |
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