摘要
At present, the rapid growth of the Chinese economy from falling back to the high growth phase, the RMB exchange rate has continued unilateral appreciation close to the equilibrium level after a few years[1].China＇s central bank has gradually have the basis to actively manage liquidity is gradually built from the quantitative changes in the regulation of the price-based regulatory conditions.＂State financial sector development and reform,＂ five ＂plan＂ also made it clear that monetary policy in order to promote quantitative regulation mainly oriented towards the transition to price-based regulation.So, the current monetary policy China really have a market-based price regulation mechanism it？To this end, the authors on the basis of combing the Chinese monetary policy shift, to clarify the characteristics of the current monetary policy implementation,then, the control base price regulation of the monetary policy, the core issue raised China＇s current monetary policy adjustments had to crack.
