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Author: | Zhuan, Junhong |
Title: | A deep consideration of the present inflation in China (original in Chinese) |
Journal: | Contemporary Finance and Economics (c)
1995 : 5, p.29-32 |
Index terms: | INFLATION INFLATION POLICY CHINA |
Language: | chi |
Abstract: | From 1992 to 1994, the whole country's retail prices rose by 5.4%, 13.2% and 21.7% respectively. Therefore, the inflation has become the major barrier in the economic development and deepening reform. The following measures should be taken: (1) strictly controlling the scale of projects under construction and opitomizing the structure of investment; (2) maintaining proper consumption funds not to make them ballooning; (3) strictly controlling money issuance and social money supply; (4) strengthening macro regulation and control to realize the balance between social total demand and total supply. |
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