China since the implementation of the RMB exchange rate reform， foreign exchange management system of compulsory exchange settlement policy and the "lenient entry， stringent exit" system， the fast growth in foreign exchange Until the end of 2009， 9， China's foreign exchange reserves has been ranked N 1 in the world economy， large foreign exchange reserves have already formed a negative macroeconomic impact， but also to make China's foreign economic relations in a passive position， as problems to be And unreasonable foreign trade structure， not only conducive to China's economy and resources and environment for sustainable development， and a substantial increase of trade surplus， but also led to sharp increase in foreign exchange reserves， increasing pressure on RMB The sharp increase in foreign exchange reserves will inevitably make China a long-term currency liquidity to face the threat of continuing to enlarge and become long time continued to face in the future needs of over-expansion， and inflation induced a significant Same time， because the yuan is undervalued by the combined effect of a series of driven， leading to a large number of international hot money into China， most of which entered the China's financial and real estate market areas， resulting in the financial， real estate and other capital markets， a series of bubbles， and growing The author intends to study the relationship between the three， the interaction between the three， and three pairs of quantitative analysis， and on this based on the science and policy
keyword里少一个reason（原因）In recent years， with the rapid development of China's economy， the rising international status， China's economic development are objectively pushing the appreciation of the RMB With the USD continued to depreciation， the United States， Japan and some other developed countries have accused China of restraining the exchange rate of RMB to expand exports， the pressure caused by the appreciation of RMB has increased The issue has become a world-wide hot Since July 21， 2005， based on market supply and demand， People's Bank of China has deployed the floating exchange rate mechanism with reference to a basket of currencies， to deal with the status quo of the continuing From the aspect of the pressure caused by the appreciation of RMB， this paper attempts to analyze the reason， the result to China's economy and the efforts China should take in tackling with the appreciation of RMB 有问题可以继续问我。
On the monetary policy on the role of economic growth in ChinaAbstract: Based on the role of monetary policy on economic growth theory and practice of the short term， reasonable economic growth， monetary policy can play an active role in the long run， monetary policy effects on economic growth tend to be neutral At the same time to further explore the effectiveness of monetary policy to improve some of the issues and
