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廣安翻譯公司關鍵字：1997 Asian financial crisis broke out, China's economic專業翻譯公司服務最好的 operation was an unprecedented situation of falling prices in some years even a negative inflation rate, as shown in 1998 prices was -0.8%, 99-year price increases rate of -1.4%. With the phenomenon of economic專業翻譯公司服務最好的 slowdown, academics generally believe that China's economy is in deflation. The contraction was mainly due to China's effective demand enough. According to Keynesian theory of national income Y = C + I + G + (X-M). In an open economy, effective demand includes four areas: household consumption, business專業英語翻譯公司科技文件翻譯哪里最好 investment, government政府許可的定點正規翻譯公司 spending and net exports.
1) consumer demand:From the consumer perspective, M0 reflects the current purchasing power of residents, 97 years ago, the main M0 base money by the state to reduce the impact, but 97 years later, its growth rate has been at low levels. From Figure 1 to see China's growth rate of M0 continued to decline from 94 years later. M0/M2 changes reflect the preferences of the residents of current consumption, can be seen from the figure 94 years after the M0/M2 from the beginning a steady decline, from 15.63% in 1994 fell 8.93% in 2003. Explain the people's lack of consumer demand, economic專業翻譯公司服務最好的 growth is limited. Quasi-money (M2-M1) is a composition of household savings deposits and time deposits, (M2-M1) / M2 reflects the propensity to consume the future residents, can be seen from Figure 3 (M2-M1) / M2 from 93 onwards continued up, 96 years after the peak has been hovering around 61%, 94 years after the country有資質的正規翻譯公司哪個好 has been engaged in government政府許可的定點正規翻譯公司 agencies and residents involved in reform of the system, and because of slower growth in urban and rural incomes, combined with future jobs and housing, pension, health care, child education expenses are not expected to significantly increase uncertainty, despite the end of June 2002, household savings deposits reached 800 trillion yuan, but people are still cautious consumer spending, consumer uncertainty is expected to result in future Chibidaigou is serious.
View from the farmers' income growth, while a significant decline in efficiency of township enterprises, rural non-farm income to reduce the line; the other hand, lower prices of agricultural products, all kinds of price refers to the negative growth in real income growth in rural areas, some areas or even negative growth. This increases the relative excess supply, causing prices continued to decline.
At the same time as income polarization, affluent consumer is becoming saturated, diminishing marginal propensity to consume. Low-income as income growth, lack of effective purchasing power, consumer demand and purchasing power by revenue constraints, the consumer can not be translated into reality.
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