This article takes the global liquidity spillover effect and the response space of China's monetary policy as the research object, systematically explores the theoretical basis, current situation, impact on China's economy, and response strategies of global liquidity spillover. Research has found that global liquidity spillover effects affect China's economy through multiple channels such as trade, capital flows, and financial markets. Although China's monetary policy has some autonomy and regulatory space, it faces internal and external balance constraints. Empirical analysis has verified the transmission mechanism and policy effectiveness, and based on this, it is proposed to enhance the independence of monetary policy, improve the exchange rate formation mechanism, and other multidimensional collaborative responses to maintain economic and financial stability and high-quality development.

Jinglong Li. Research on the Spillover Effect of Global Liquidity and the Response Space of China's Monetary Policy. International Journal of Frontiers in Sociology (2025), Vol. 7, Issue 6: 46-52. https://doi.org/10.25236/IJFS.2025.070608.

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