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《Chongqing Social Sciences》 2008-01
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The Multidimensional Interpretation to Special Treasury Bond Under the Background of Macroeconomic Regulation and Control

Li Yunda Hong Gongxiang  
A series of accumulative and tough problems such as intensified hedging,fluidity surplus and price rising composes a special situation of macroeconomic regulation and control in current China.The special treasury bond of 1,550 billion is released beyond the pure financial purpose because of the ineffectiveness of the prior single mone- tary policy.The special treasury bond is supposed to have the following functions:deducing the pressure caused by the fluidity surplus and perfecting the operation of public market;expanding the special treasury bond market and promoting the structural reform of the special treasury bond market;capitalizing the China Investment Corporation and developing Sovereign Wealth Fund;joining fiscal and monetary policy and highlighting the new ideas of the macroeconomic regulation and control.
【CateGory Index】: F812.5
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