Premium Essay

Current Economic Conditions and Macroeconomic Policy in China

In: Business and Management

Submitted By jimmy123qw
Words 339
Pages 2

the macroeconomic conditions of our country is not so serious .

After 30 years’

reform, our country has already started to build up some policy in order to control

economical system .At present ,financial crisis is becoming a heated issue. Under

suchconditions , it is important to figure out what can be done by our country

onfiscal policy and monetary policy to achievement objective of the economy.

Internal economy

excessive reliance on foreign markets

Poor countries are better off pursuing outward-oriented policies. But our country

depends on foreign markets too much. We have been emphasized” pull domestic

consumption” for about ten years but cannot make a breakthrough all the time, and

domestic consumption rate is not rising but falling constantly.

Inflation cannot be stopped in a short time

Inflation’s occurrence and development is always lag behind an overheated economy

about several quarters. At present , China’s e

conomic growth rate slow down

slightly.But the inflation pressure will remain in the next period of time.International

oil, food prices’ increasing leads to the rising of the cost of production in China


government should reasonably use the three monetary policy to control this .

Lacking of core technology and independent innovation

industry policy should be strengthen roundly,it seems a historical problems in

economy,Recent years, high and new technology products’ exp

ort is increasing fast !

In 2014. 80% produc

ts’ core technology are controlled by foreign

business man. So

some industries are not competitive ,but monopolized by some big corporations


External economy

The foreign economic policy influences




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