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Academic Journal of Business & Management, 2023, 5(22); doi: 10.25236/AJBM.2023.052211.

Macro-economic Regulation of China under the Influence of Monetary Policy

Author(s)

Shihao Qiu

Corresponding Author:
Shihao Qiu
Affiliation(s)

The Hong Kong University of Science and Technology, Hong Kong, 999077, China

Abstract

This paper discusses the macroeconomic regulation and control of China under the influence of monetary policy. At first, the article briefly reviews the practice of macroeconomic regulation and control in China, and puts forward the current challenges. First of all, the downward trend of the global economy has put pressure on China, resulting in a decline in exports and insufficient investment. Secondly, the slowdown of domestic economic growth and the prominent problem of structural unemployment make macro-control more difficult. In addition, the problems such as the unsmooth transmission mechanism of monetary policy, the lack of effective coordination of fiscal policy and the imperfect industrial policy have also brought certain constraints to China's macroeconomic regulation and control. Aiming at these challenges, this paper gives a series of specific policy suggestions. By implementing prudent monetary policy, strengthening the coordination between fiscal policy and monetary policy, perfecting industrial policy, deepening opening to the outside world, strengthening the coordination of international economic policies, promoting supply-side structural reform and attaching importance to employment, China can effectively cope with global economic challenges and achieve sustainable economic growth. In order to provide valuable theoretical basis and practical enlightenment for policy makers through systematic analysis.

Keywords

Monetary policy; China; Macroeconomic regulation and control

Cite This Paper

Shihao Qiu. Macro-economic Regulation of China under the Influence of Monetary Policy. Academic Journal of Business & Management (2023) Vol. 5, Issue 22: 71-76. https://doi.org/10.25236/AJBM.2023.052211.

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