中國宏觀調控與經濟軟著陸成效評析

An Evaluation of the China's Macro-economic Adjustment Policies and Economic Soft-landing

The Chinese Government has implemented various macroeconomic adjustment measures in response to signs of economic overheating, for instance by tightening bank credit controls, implementing administrative measures, and launching massive nationwide investigations into rampant land abuses in economic development zones. Basically, China's macro management measures have gradually been implemented and have yielded some positive results. However, the major upcoming challenge will be concerned with how to strike a balance between macroeconomic adjustments and sustained economic growth. Thus in order to achieve a ''really soft landing,'' the Chinese authorities must speed up reforms in some crucial areas, such as the investment regime, industrial structure, financial system, state companies and labor markets.