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Author(s): |
Xiaodan Shi, School of Economics and Management, Beijing Jiaotong University, BJTU, Beijing, China
Weiping Cui, School of Economics and Management, Beijing Jiaotong University, BJTU, Beijing, China
Liping Shao, School of Economics and Management, Beijing Jiaotong University, BJTU, Beijing, China |
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Abstract: |
With the global financial crisis gradually eliminated, the world economy began to recover, China's economic growth rate remains among the highest in the world, but it also exacerbated the economic overheating, the risk of inflation pressures. In response to the pressure of soaring prices, according to the central economic work on the deployment of 2011, China's monetary policy will be adjusted to the previous stable moderately easy. This year, frequent use of the People's Bank of China monetary policy tools, many financial institutions raised the deposit reserve ratio and benchmark deposit and lending interest rates. SME development needs strong financial support, with the continued tightening of the credit window, which is the financing problem of SMEs had more of a disaster. How to make small and medium enterprises survive the current round of macro control of the "winter ", and constantly promote the China's economic growth, as our current need to address the primary problem.
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