Wednesday, November 24, 2010

Good macroeconomic policies of major stock market correction started

 Write text,bailey UGG boots, I need to apologize again, I do not have to fulfill my promise, this blog is the first time in nearly two months of the manuscript.
Get down to business:
Today, China State Administration of Taxation announced on the export of adjusted tax rate,Bailey UGG boots, announced on textile and bamboo products, the export tax rebate rate increase, the increase rate of textiles for the 2 percentage points, while some products export tax rebate rate cut.
export tax rebate rate for textiles increased in the last 5 the first time in years. It is clear to the outside world that China's ongoing macro-tightening policy correction. Since last year,UGG boots cheap, with the intensification of inflationary pressures in China, as well as concerns about economic overheating, China's macro policy rapidly approaching, more times raised the deposit reserve ratio, raising interest rates, faster appreciation, lower export tax rebate rate increase green regulatory indicators ....< br> It can be said that the 21st century, one of the biggest efforts to control China. because the control of the Chinese economy a few are also tightening the reins to the maximum. and the real economy of the micro-enterprises have the cash into a cold spell. Therefore, many scholars, enterprises and local governments are asking the Government to come out tax breaks to companies. and this in July 22, State Administration of Taxation announced that the first half of fiscal income reached its peak, according to statistics, China's tax revenue rose 30.5%, while the growth rate of GDP fell by 1.8 percentage points.
even the well-known economics Home Jinglian have come out tax breaks to companies when requested, how should we look at the export tax rebate rate down? it obviously can not do it just look at the export enterprise announcement, we find that China had quietly changed the policy of being tough to adjust macro-control measures, and not just fine-tuning, it is likely to reverse type of adjustment. In this announcement, there has been more than a year words disappeared from the tight, while the emphasis on market-oriented exchange rate of the wording back to the stability of a reasonable and balanced level.
had been relying on China to carry out macroeconomic regulation and control of monetary policy, monetary policy is characterized by one of the largest across the board. Therefore, in the context of hot money inflows, the price is not significant because of policy tightening callback, on the contrary they have a real economic decline. It is reported that a researcher at the Institute of the Ministry of Finance has said China's macro control policy in the future will increase the proportion of fiscal policy. Indeed, compared fiscal policy and monetary policy, fiscal policy point of killing effect is very good.
fact, I personally believe that China's future monetary policy can also be some changes, you can change the quantity of appropriate regulation , to relax the size of loans, but interest rates, increasing corporate borrowing costs, for those who have the ability of businesses to credit the money, of course, requires banks to enhance business intelligence with the investigation.
and this change will be the Chinese stock market The turning point, because the stock market crash of one of the most profound of this round of the background is making China's macroeconomic tightening policies fundamental outlook is not optimistic about the economy. If China really corrected the previous macro-control approach,cheap UGG boots, then the vitality of the Chinese economy will be revived . The stock market will usher in a new spring. 

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