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Professor Sang Baichuan analyzes China’s macroeconomic performance

Published: May 11, 2008 Edit:

w88 casino News Network (Reporter Li Yan)5month7日夜1830:30, the Olympic Lecture Series sponsored by the Academic Practice Department of the Youth League Student Association of the w88 casino of International Economics and w88 was held in Ningyuan219Wonderful lecture. from the w88 casino of International Economics and w88 of w88 casinoSang BaichuanThe professor was invited to attend and gave the audience a wonderful lecture on the theme of "Analysis of China's Macroeconomic Operations".

Sang BaichuanThe professor first affirmed the gratifying achievements that China’s economy has made since the reform and opening up. He pointed out that from1978Year to Year2007Our country’s economy has continued to grow at a rapid pace and has always maintained9.8%8238_8465

Professor Sang Baichuan gave a wonderful lecture

Then,Sang BaichuanThe professor focused on the characteristics of my country’s macroeconomic operation.The economic system reform is in an arduous stage, and the reform cost curve is on the rise. Corresponding to the economic reform, opening up to the outside world has entered a new stage. While fully participating in economic globalization and enjoying the benefits of the multilateral trading system, frictions in economic interests are also increasing. At the same time, market shortages have completely ended, the dual economic structure has accelerated its transformation, and urbanization and industrialization have developed rapidly. But what deserves the most attention is that our country's economy is now facing major problems that are gradually entering an era of comprehensive inflation. The specific manifestations are that the inflation rate and interest rates continue to rise, the RMB exchange rate appreciates, the unemployment rate is still at a high level, and tax rates need to be adjusted urgently. As for the solution to this problem,mulberryThe professor also put forward his own opinions. He pointed out that my country's macro-economy should adjust the overall structure to adapt to the transformation of the traditional extensive economic growth mode into the capital and technology-intensive growth mode, increase investment in science and technology, rely on technological progress and technological innovation, and find a healthier development path;With the high correlation between various macroeconomic variables, the only way to maintain economic growth and increase employment opportunities is to effectively adjust tax rates. China's finances should make more active preparations and need to adopt more active fiscal policies.

In the final audience question and answer session, the atmosphere was very lively and enthusiastic. The audience raised many questions on various aspects such as state-owned enterprise reform, inflation and stock market fluctuations,Sang BaichuanThe professor gave detailed and clear answers one by one, which won many praises. Finally, this lecture ended successfully with a round of applause.

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