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Author:Liu, Mingzhi
Title:Three directions of the new monetary policy: supply of money, credit scale and interest rate market (original in Chinese)
Journal:Economy and Information (c)
1999 : 5, p.22
Index terms:MONETARY POLICY
LOANS
INTEREST RATES
CHINA
Language:chn
Abstract:China should utilize the tool of monetary policy to encourage the increase of investment demands and consumption demands. From the angle of regulating domestic demand, the means of general demand regulation of monetary policy are regulation of quantity and price. And at meantime, 1.China should maintain rapid growth of supply of money. The central bank should enlarge putting the basic currency into circulation, strengthen credit support of agriculture, and expand consumption credit business. 2.Correctly handle the relations between preventing financial crisis and enlarging putting credit into circulation. For example, while encouraging commercial banks enlarge their credit into circulation. For example, while encouraging commercial banks enlarge their credit actively, China should ask them to conduct project evaluation, and so on.
SCIMA record nr: 197736
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