Out, race against time to save the economy

China this week, tens of millions of investors has finally embarked on a long "bull market", most of the Xishangmeishao. From the beginning of the stock market Monday, moderate volume up in a row, every day there are dozens of board trading. Friends of the shares of some of the hold-up face of the Xise relieved, although still a long way from the high degree of resolve. One of the 10 measures, out to stop the economic decline November 5, Premier Wen Jiabao held a State Council executive meeting, the Chinese leadership attaches great importance to the world financial crisis on China's adverse effects. In view of the Chinese macroeconomic data for the month 9-10 slump (It is understood that some Chinese cities in GDP down to the vicinity of 7 percent, a record of reform and opening up a 30-year low since), rapid economic decline, the ferocious, very attractive alert . Business failures, the tide went out of business, small and medium enterprises because unemployed workers to escape the boss can not obtain unemployment benefits, assistance to the government one after another, which in the Pearl River Delta, Jiangsu, Zhejiang, Shandong had a rare non-. The risk of inflation has been rapidly replaced by the danger of deflation, CPI fell 4%. This is not only the world financial crisis as well as national macro-control over-react. In this case, the State Council decisions, out, out race against time to measures to prevent the economic downturn, China's economy to rescue in full prior to the recession. In my analysis, including the five-building measures and rural, such as the repair of dangerous buildings in rural areas to expand the pilot to speed up infrastructure construction in rural areas. Marsh gas in rural areas increased, the safety of drinking water projects and rural highway construction, and improve the rural power network, speed up agricultural water to the north, and other water conservancy projects and to reinforce dangerous reservoirs, strengthening the transformation of large-scale water-saving irrigation area and increase poverty alleviation and development efforts. These are very good, very necessary. In addition, it proposes to speed up the railways, highways, airports and other major infrastructure, urban power grid construction. These measures are very good, and Roosevelt's New Deal and Premier Zhu Rongji when engaging in pro-active fiscal policy is very similar. Also referred to the 10 measures to speed up the medical and health, culture and education development. The proposed construction of a number of poor hospital, can gradually learn to Germany, and the medical implementation of free universal health care or insurance, there is some proportion of the occurrence of severe, such as AIDS, cancer, such as endemic, to set up a fund to special funds research, and Free treatment. All children in urban and rural areas of the hospital free of charge. Now returning due to illness, Yinbingzhipin too common. (Under these circumstances, how to start spending.) Of the 10 measures proposed to increase financial support to economic growth, and the lifting of restrictions on the scale of commercial bank lending and reasonable to expand the scale of credit ... ... This is very important, the world's only heard that the three major monetary policy: interest rate (discount rate again), the reserve ratio, open market operations; how can there be such a serious amount of the management system, should have been canceled. Although it was happy to Jizou the bubble, but also to the economy from over-heat to the cooling, resulting in GDP has now broken the risk of 8%. Second, an important strategic change: the positive fiscal policy, monetary policy is relaxed Over the years, we have implemented a tight policy is more of a song, either from the tight monetary policy and proactive fiscal policy, or easy monetary policy and tight fiscal policies. This time, to a "double-wide", that is to implement a proactive fiscal policy and moderate monetary policy. The double-wide policies, especially the "appropriate monetary policy" is the first time in 10 years. Over the past are "prudent monetary policy." We can see that the economic downturn in critical condition to what extent; can be seen trying to save the central economic and financial crisis in the world against the determination of how much. The measures are very strong. This is great from a year ago, the tight monetary policy to form a sharp contrast to the. I hope that China's economy out of the shadows as soon as possible, go up again. Third, focusing on "investment", strategically correct! China's economic troika, "exports, investment, consumption," is now fully from the "investment" in the right hand completely, in view of the Chinese people to buy a house, medical, school, laid-off workers, unemployment, the general urban and rural residents are afraid to spend several decades; Exports have been beaten to pieces in the world financial crisis. The most control of space is an investment; money we have, in accordance with international standards and then made 10 trillion national debt will do, not to mention 4 trillion! Fourth, with regard to the real estate market The author notes that the "top 10" in the dispute does not involve a lot of commercial real estate market, which is very uneasy as a key point. This involves the interests of tens of thousands of households. High-rise, expensive, urban and rural people can not afford to buy, complaining; but once the housing market slump will lead to price drop in 19 industries such as steel, cement, copper prices have ... ... more than half of a country's economy Will be a very big blow. This was in July 1997 after Hong Kong has happened. Tung Chee-hwa: a year to build 85,000 low-cost room sets, so that young people can end up with their spouses, affordable rooms, the real estate market finally led to the crash five years, 800 million homes fell to 3,000,000 Hong Kong dollars, an economic Depression, resulting in negative growth in GDP. At present, China's construction of the "security of housing," "speed up the construction of low-cost housing will support," This is definitely right, it is difficult to have a substantive effect on the surface. 5,000,000 students each year due to leave the city, (5,560,000 this year's graduates, together with the unemployed last year, nearly 7,000,000 graduates find a job) all of these students to stay and medium-sized cities, they are most in need of affordable housing and low-rent room. In real life, they did not expect, all the affordable housing and low-cost housing are to the long-term accounts cities (more than a few years residence) in order to participate in the Yao Hao, the winning rate is extremely low, and some only 1 - 3%. In addition, 500 a year - 6,000,000 college students to stay City, 15,000,000 Migrant Workers, before and after 30 years to enter the local financial holding for a long time to come so much money to build these rooms you? However, the current commercial real estate market attitudes, policies, "the 10" did not mention the word; this market has a great impact on China's macro economy. The market trend is still down, cooling, China's economy will pick you alone? This matter, I deeply disturbing. My original idea: to save the rapid decline in China's economy, the market should stabilize and stop the crash. This time, seems to have evaded the issue. Hong Kong each year in 1997 to provide 85,000 sets of low-cost room (later did not dare), that led to the economic slump in Hong Kong's lessons fresh in our memory so far. I hope that arising from above a high degree of attention. Fifth, the stock market: the strong rise is at the bottom, a rebound is yet to be inspected "Ten measures" to stimulate positive, from China's stock market rose Monday to start strong, a lot of stock in a row three or four trading board, and to Friday only, there are still dozens of daily trading. This is well founded. China's stock market in 2007 by the "big bull" to "The Bear" for two main reasons: first, monetary policy from a large number of excess liquidity, all of a sudden become extremely tight monetary policy system, the amount of the stock market as an immediate loss of blood of patients Back down. The second is "the size of a" growing lifting of the ban. The current situation is that bad two removed a major; monetary policy has become the first 10 years of "appropriate monetary policy of leniency." While the stock market and the peripheral enterprises will have a lot of money involved in the original 1200 - 1600-point psychological expected to be broken, then a new point of this? As a result, a wave of rising prices rebound ran out. However, to draw attention to another of the big bad: "The size of the non-" remain serious, such as Tuesday, Hong Kong and China Merchants Fund (00133.HK) notice, to be at an appropriate time to not less than 7.78 yuan per share sale 7980 million shares of its own Industrial Bank A shares (or 1.6 percent, the standard of non-small;) (Industrial Bank and the current share price to 15.97 yuan, that is, as long as they will throw more than 7.78 yuan.) Per share of the fund would also like to Not less than 4.62 yuan sale of shares 120,000,000 yuan China Merchants Bank A shares (or 0.82 percent, and non-small; China Merchants Bank and the current price of 14.25 yuan); can be seen, "non-size", especially "non" to reduce power Is still very strong, the pressure is still great. China Ping An has fallen well below the H shares, and two are still 3.9 billion shares "not" hit down firmly. In short, when the stock market all the way red, "the size of the non-" wait, do not run, once the consolidation is not up, but also down, they will immediately flee Duolu. In addition, bearing in mind that this is an economic downturn, many companies will be very poor performance, the mines have to be careful. It should be noted that there are at the end of the pressure of capital returns. As for whether or not at the bottom of the points in 1660, depends on a few months; but there is such a wave of Pu Zhang market, or gratifying and comforting, it is really "a fire in the winter," warm the hearts of investors. We should choose to invest 4 trillion plan and related industries, stocks, make every effort to avoid a large number of "non-size" to flee. The operation carefully, little by little making, as a small victory over the plot to slowly draw to the loss.