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Author: | Jiang, Zhenshen Chen, Junze |
Title: | The weakening and strengthening of the interest rate in expanding the domestic demand (original in Chinese) |
Journal: | Study of Finance and Economics (c)
1999 : 11, p.3-9 |
Index terms: | INTEREST RATES ECONOMIC POLICY CHINA |
Language: | chn |
Abstract: | The cause why the successively lowering interest in the recent time achieved poor results is, the paper argues, that the savings, consumption and the interest-lowering level have a different nature from that in the west countries. The measures which should be taken include:establishing quickly the system of social security; improving the financial market;increasing the investment type; reducing the investment risks; enhancing the income level of the residents in the cities as well as the countryside; supporting the development of the private economy and paying attention to the adjustment of supply structure. |
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