According to the Phillips curve, a trade-off exists between economic growth and control over in ation and the two can hardly be achieved at the same time in implementation of macroeconomic policy. For China’s reality...According to the Phillips curve, a trade-off exists between economic growth and control over in ation and the two can hardly be achieved at the same time in implementation of macroeconomic policy. For China’s reality, neither high unemployment nor high inflation is acceptable. China must balance the two to steer its economic growth on a stable and relatively rapid path to ensure the creation of some 10 million jobs and effectively rein in inflation. This essay analyzes these issues to answer the question of how the country can strike a healthy economic balance.展开更多
Along with the implementation of a large number of key development projects sponsored by the central government to the Tibet Autonomous Region(TAR),the snow-covered plateau is welcoming a new stage of development.By J...Along with the implementation of a large number of key development projects sponsored by the central government to the Tibet Autonomous Region(TAR),the snow-covered plateau is welcoming a new stage of development.By June of 2017,the total number of projects supporting the TAR launched by 16state-owned enterprises has reached over 1,500,with an investment of展开更多
文摘According to the Phillips curve, a trade-off exists between economic growth and control over in ation and the two can hardly be achieved at the same time in implementation of macroeconomic policy. For China’s reality, neither high unemployment nor high inflation is acceptable. China must balance the two to steer its economic growth on a stable and relatively rapid path to ensure the creation of some 10 million jobs and effectively rein in inflation. This essay analyzes these issues to answer the question of how the country can strike a healthy economic balance.
文摘Along with the implementation of a large number of key development projects sponsored by the central government to the Tibet Autonomous Region(TAR),the snow-covered plateau is welcoming a new stage of development.By June of 2017,the total number of projects supporting the TAR launched by 16state-owned enterprises has reached over 1,500,with an investment of
