Characters, Causes And Countermeasures Of Current Inflation In China

Inflation is a very important economic factor and has been affecting the healthy andstable development of world economy. Therefore, the control of inflation has been animportant research topic for the world economists. Since the reform and opening up，alongwith rapid economic growth，the inflation has happened many times in the socio-economicfield and every inflation caused varying degrees of impact at all levels of the nationaleconomy. To deal with the international financial crisis since2008, countries have taken aseries of loose macroeconomic policies, released large amounts of liquidity, which laid afoundation for the inflation in China and other emerging economies. Therefore, after the mostdifficult period of the crisis,the end0f2009the consumer price index(CPI) is from negativeto positive.I in early2010, signs of inflation begined to apper and opened the prelude tochinese current inflation.Due to the domestic and international macroeconomic enviroment which faced bychinese current inflation has changed a lot compared with the previous, the rapid andlong-term growth of economy,the degree of Opening become deepen,critical period ofeconomic transition is arrivaling,and the recovery of the world economy is slow afterfinancial crisis are profoundly affecting the emergence and development of the cunrentinflation.Therefor, the current inflation has some obvious characteristics:large moneysuppy,cost-driven and external imput.Though summing up a large number of literatures，analysising and comparating a lot of datas find out three major factors caused the currentinflation:demand-pull under the loose macroscopical economic policy,cost-push which iscaused by the changes of factor market and extenal input. In addition, research on the causesof chinese current inflation,after the crisis, the use of macroeconomic policies need to becautious and should have long-term.In summary, the paper put forward some managements tosolve current inflation, the managements includes adjusting excess liquidity reasonably,promoting the reform of factor marketization effectivly, alleviating the external input byadjusting of the RMB exchange rate and establishing energy agricultural products and usemacro economic policy carefuly.