search query: @author CHen, Dongqi / total: 8
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| Author: | Chen, Dongqi |
| Title: | The characteristics of current economic situation and cycle trends (original in Chinese) |
| Journal: | Special Zone Economy (c)
1996 : 10, p.8-11 |
| Index terms: | ECONOMIC ANALYSIS ECONOMIC FORECASTING CHINA |
| Language: | chi |
| Abstract: | In terms of monetary policy, the central bank doesn't give up the formulation of "moderately tightening". But in its actual operation, it has gradually shifted to "moderately loosening". It finds expression in the following: Interest has been reduced twice in 1996. Enterprises have quickened the pace of issuing and listing stocks since March. The credit scale has been decided to be increased recently. The above information shows that China's economic policy is shifting its guiding function to "mainly invigorating market and accelerating enterprises' development". At the same time, it also shows that reform is entering the ascending period of the fourth cycle. This is the basic feature of current economic situation and the basic starting point of seizing the future economy too. |
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