Yao Jingyuan: Price Inflation Is, In The Final Analysis, Currency Issue.

　　 In view of the recent rise in prices, Yao Jingyuan, chief economist of the National Bureau of statistics, said recently, "in the final analysis, price inflation is ultimately a matter of currency and stability."物價(jià)，我們必須采用組合拳的辦法來應(yīng)對(duì)，而不是一個(gè)單一的辦法。”

Yao Jingyuan said that in terms of domestic factors, price inflation is still a monetary issue in the final analysis. "We have had ample money supply in recent years, especially in 2008 in order to overcome the world. financial crisis The world uses liquidity to combat the crisis. In 2009, we sent 10 trillion credit, the M2 growth rate was 27.7%. The large increase in money in circulation leads to the inevitable rise of prices.

Apart from monetary factors, from the fourth quarter of last year to this year's natural disasters is also a major factor contributing to price inflation. "In the fourth quarter of last year, the southwest encountered drought for a hundred years. Spring was cold in the spring, flooding in summer. Then, earthquakes, landslides and severe natural disasters had a great impact on the supply of agricultural products."

From the perspective of international factors, Yao Jingyuan believes that we should be vigilant against imported inflation. "Imported inflation must be highly concerned. Loose monetary policy has led to a surge in commodities on the market. For example, wheat and corn have risen 57% this year, rice has risen by 45%, sugar consumption has increased by 55%, and oil prices have risen. China is an importing country with imported inflation. China's economy Cause great impact. "

In order to stabilize the current prices, Yao Jingyuan believes that in combination with the 16 measures to stabilize prices that the State Council has promulgated recently, we must adopt the "combined boxing" approach to deal with it. First, we should guarantee the volume and stabilize prices, increase supply from every aspect of production, circulation, reserve and import and export; two, we should do everything possible to reduce the circulation cost; three, we must improve the subsidy system; four, we must maintain market order and avoid the spread of information that destroys the normal market.

Reporters also learned today that Ma Delun, deputy governor of the people's Bank of China, answered questions from reporters at the Sino Russian financial cooperation press conference. He said that the central bank has been paying close attention to economic indicators such as prices, liquidity and economic growth, and will take corresponding measures according to the different situations.

It is understood that since the beginning of this year, the central bank has adopted monetary policy tools, including raising the deposit reserve ratio, raising interest rates and opening market operations. These measures help to guide the public and market expectations, and achieve better policy results.