Reasonable release liquidity is the core of the save the economy
Reasonable release liquidity and reasonable distribution of liquidity, but in 2012 the economy rebounded stabilising the key. The central bank to interest rates tender way in inverse repurchase operation, trading for 183 billion yuan, the interest rate jumped to 6.05%. The central bank through the open market funds released twice, plus the open channel, a total of 400 billion yuan capital release, equivalent to cut a deposit reserve rate.
China has released the contradiction of liquidity mentality: on the one hand, afraid of monetary inflation and asset bubbles in the hair back, from the Angle XuHuo appeared on the industry; On the other hand is afraid of the liquidity squeeze in solid economic collapse directly. Therefore, a tightrope will become 2012's most important feature.
Many places so weakened the GDP, high GDP growth will very high-profile, low while chose desalination, QianJuHouGong show some local lie in spirit. Of course, GDP growth the slide has become a basic facts, a few days ago, 28 provinces in the country had been released its 2011 GDP dc hats 'transcript', including 25 provinces in GDP growth 9.2% above the national average, 18 provinces in the growth of less than a year. In fact the economic downturn, although it may not reflect the number is less obvious, but the people's livelihood hard and enterprise survival of the difficult, has for the world the convoys.
Real estate is concerned, many real estate enterprise disappeared off last year, suggesting that the market is on the adjustment of depth. Beijing is built appoint postings from live, said Beijing Oriental era real estate development Co., LTD and 473 home real estate development enterprise qualification certificate, after the expiration not to apply for continue or industry and commerce business license has been cancelled. According to the relevant provisions of the cancellation of the development of the enterprise has qualification. High tide the closed room is lifted, is closely related with the credit tightening, in fact, the secret of high prices is that tax and the land grant fee and drought or waterlogging bank system, if only from the developers Angle to DaoBi market, market distortion degree will be bigger, not ease the level of distortion in the market. Destroy the consequences of producers can only be manufacturing shortages and not to increase supply, which will bring more bad results: market concentration is constantly improve, crocodile fish and big fish form c will come.
The past year usury system in the national scope collapse, a lot of financial products and usury capital export is real estate enterprise. This creates a strange phenomenon, that is, the higher the cost of capital, and eventually had to be passed on to house prices up, or be eaten. Market funds tight, just for big monopoly group provides a good space, the purpose of the regulation to the opposite. Therefore, from the Angle of credit squeeze vast number of small and medium-sized developers will only let the real estate market to focus and monopoly.
A large number of small and medium-sized enterprises need to take on the credit support most people obtain employment problem. The data shows, the private economy best sunglasses employment has now accounts for the non-agricultural employment Numbers of about 80%, and the entire Chinese manufacturing base is also comes from this. The private enterprise is not like monopoly on power and the group that various special identity advantage for monopoly profits, the private enterprise to throw away a lot of the state-owned enterprises provide employees with a new life, millions of migrant workers to provide employment opportunities. If the enterprise mass bankruptcy, then, for the Chinese, is unimaginable. A large number of farmers and model of the industry is engaged in the industrial, if allow virtual economy and financial group carve up most of the new profit, so, appeared on the financial industry is not only an economic volatility, more is the increasing of the unemployment problem.
Li yining recently in a speech out 'monetary policy to bring many up-and-down economic aftermath'; Private entrepreneurs to reflect the biggest problem is' taxes unfair, threshold is too high, glass door phenomenon, financing cost is too high, a lot of information asymmetry, private entrepreneurs to overall is vulnerable groups, he no voice. In the village of a mayor to speak, the steward to talk, is that they can, this kind of circumstance how can have confidence? '? Yes, the question of power is still exists in China's market economy head the biggest problem, and I was the image called 'power all c', the market will failure, many small business owners XiangZhenChang hear words all feel jittery, visible power is still set the spider silk, greedy c created a market of the fruit. Last year the tide of small and medium-sized enterprises collapse, to a great extent, is caused by the credit policy, identity enterprise credit burn to lending and speculation, and a large number of small businesses have no money had to shut down or borrow a usury, credit can help enterprise expansion, at the same time it can destroy a lot of enterprise, as was said. In 2012, the key is how to reasonable release liquidity, rational configuration of liquidity.
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