search query: @author Fan, Gang / total: 7
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| Author: | Fan, Gang |
| Title: | Chinese economy is soft landing the orientation of macro policy is to relax control over scale properly (original in Chinese) |
| Journal: | China National Conditions and Power Monthly (c)
1995 : 1, p.7-8 |
| Index terms: | ECONOMIC POLICY CHINA |
| Language: | chi |
| Abstract: | After over one year of tight control and readjustment, the Chinese economic operational state tends to be normal. The growth rate of total volume of investment in social fixed assets has decreased from over 50% during the peak period to 25% or so. The prices for means of production remain stable and at the same time fall slightly. The inventories and stock piles in the different sectors are increasing obviously. Both foreign trade surplus and foreign exchange reserve have increased. If the macro policy is appropriate, the growth rate of 10% or so belonging to the normal one, can last for a long time. At present, we should adjust macro policy and enlarge adequately the scale of aggregate demand and avoid making a wrong assessment of the situation only according to price rise. |
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