Real meaning of interest rate marketisation

JI Ya-lan; GU Lei

PDF
Cite
Share

facebook

twitter

google

linkedin

Volume 19 Issue 1

Jul. 2017

Turn off MathJax

Article Contents

Article Navigation > Journal of Zhejiang A&F University > 2002 > 19(1): 76-80

JI Ya-lan, GU Lei. Real meaning of interest rate marketisation[J]. Journal of Zhejiang A&F University, 2002, 19(1): 76-80.

Citation:

JI Ya-lan, GU Lei. Real meaning of interest rate marketisation[J]. Journal of Zhejiang A&F University, 2002, 19(1): 76-80.

Real meaning of interest rate marketisation

JI Ya-lan,
GU Lei

1.
Department of Economics and Management , Zhejiang Forestry College , Lin’an 311300 , Zhejiang , China

Received Date: 2001-08-29
Rev Recd Date: 2001-12-04
Publish Date: 2002-03-20

Abstract

As China officially entered WTO , the reform of interest rate marketisation seems to be inevitable . Before the entry of WTO , Peoples Bank of China (central bank)had worked out a general framework of interest rate marketisation and carried it out by stage .Some currently widespread ideas about interest rate marketisation are inexact .Those prevalent ideas base on new and old liberalism , stress on the importance of equilibrium interest rate and neglect the importance of interest rate structure .But equilibrium interest rate does not exist .So the real meaning of interest rate marketisation should be that central bank determines the basic interest rate level and market makes the interest rate structure .For this aim , it is necessary for China to introduce competition mechanism to the bank industry .
- interest rate marketisation,
- equilibrium interest rate,
- level,
- structure

Relative Article

[1]	WANG Jiaqi, WANG Xin, DENG Xiaomei, WU Aimin. Analysis of candidate genes for terpene synthesis in Ormosia henryi based on metabolome and transcriptome . Journal of Zhejiang A&F University, 2023, 40(5): 970-981. doi: 10.11833/j.issn.2095-0756.20220737
[2]	CHEN Xuebing, LIU Cong, CHENG He, JIANG Tingbo, XIA De’an, WEI Zhigang. Genome-wide identification of ZHD gene family of Populus trichocarpa and its expression under drought stress . Journal of Zhejiang A&F University, 2022, 39(3): 465-474. doi: 10.11833/j.issn.2095-0756.20210373
[3]	YU Yiliang, DING Yanfen, ZHU Guizhen, ZHUO Qimiao, YU Hui. Structural characteristics of rural greening plant communities in Yangzhou . Journal of Zhejiang A&F University, 2019, 36(3): 541-549. doi: 10.11833/j.issn.2095-0756.2019.03.015
[4]	TONG Jing, LIU Kefeng, SUN Xiangyang, LI Suyan, ZHANG Xiufang. Nitrogen nutrient solutions for growth of Salvia splendens'Chengxiang Gongzhu' with N, P and K absorption . Journal of Zhejiang A&F University, 2017, 34(3): 465-472. doi: 10.11833/j.issn.2095-0756.2017.03.012
[5]	WANG Yang, LENG Yanzhi, SU Changjiang, SONG Congwen, CHENG Dehua, CAO Yingnan, ZHANG Min, FU Cuilin. Spatial structure and distribution pattern of natural Toona ciliata populations in the Enshi Region . Journal of Zhejiang A&F University, 2016, 33(1): 17-25. doi: 10.11833/j.issn.2095-0756.2016.01.003
[6]	ZHANG Guanglai, LI Lu, LIAO Wenmei. Principal component analysis of China's forestry industry competitiveness . Journal of Zhejiang A&F University, 2016, 33(6): 1078-1084. doi: 10.11833/j.issn.2095-0756.2016.06.022
[7]	WU Xue, DU Changxia, YANG Bingbing, FAN Huaifu. Research progress in plant aquaporins . Journal of Zhejiang A&F University, 2015, 32(5): 789-796. doi: 10.11833/j.issn.2095-0756.2015.05.020
[8]	GUO Anna, GUI Renyi, SONG Ruisheng, PAN Yue, RONG Jieqing. Chlorophyll fluorescence parameters of Phyllostachys violascens with phosphorus treatments . Journal of Zhejiang A&F University, 2013, 30(1): 9-14. doi: 10.11833/j.issn.2095-0756.2013.01.002
[9]	SHAO Ruoxuan, SHEN Yike, ZHOU Wenbin, FANG Jia, ZHENG Bingsong. Recent advances for plant ATP-binding cassette transporters . Journal of Zhejiang A&F University, 2013, 30(5): 761-768. doi: 10.11833/j.issn.2095-0756.2013.05.020
[10]	ZHANG Zhi-hua, WEI Xin-liang, TANG Meng-ping, LUO Wen-jian, WANG Jing. Structural characteristics of Liquidambar formosana for a mixed coniferous-broadleaf forest in Mount Tianmu . Journal of Zhejiang A&F University, 2012, 29(6): 867-874. doi: 10.11833/j.issn.2095-0756.2012.06.010
[11]	WANG Hang-jun, FANG Lu-ming, ZHANG Guang-qun. Spatial data structure in spatial analysis . Journal of Zhejiang A&F University, 2007, 24(3): 363-368.
[12]	LIUJing, JIAZhong-quan, DONG Feng-xiang. Salt balance with a Populus simonii×(Populus pyramidalis+ Salixmatsudana)`Poplaris' shelterbelt . Journal of Zhejiang A&F University, 2007, 24(2): 186-191.
[13]	JIANG Chun-qian, SHEN Yue-qin, LIU De-di, LI Lan-ying. Evaluation of social goals of sustainable forest management at community level . Journal of Zhejiang A&F University, 2006, 23(4): 455-459.
[14]	WEN Zuo-wu. Comparison of productivity between first and second rotation stands of Pinus massoniana planted in different densities . Journal of Zhejiang A&F University, 2004, 21(1): 22-27.
[15]	Wu Xiaoxian, Xiong Zhong hua, Zhu Zhong rong. Community constitution and improvement technique of Chinese aspen. . Journal of Zhejiang A&F University, 1998, 15(2): 145-150.
[16]	Qian Lianfang, Li Zhangju, Qian Yongtao, Gao Hong. Ecological Characters and Roots’Anatomical Structure of 4 Speeies of sageretia . Journal of Zhejiang A&F University, 1996, 13(1): 34-40.
[17]	Luo Yaoping, Pan Gensheng. Photosynthetic Characters of Seven New Tea Plant Varieties under different soil Moisture Levels. . Journal of Zhejiang A&F University, 1996, 13(2): 130-135.
[18]	Ye Liangming, Jiang zhihong, Ye Jianhua.. Optimizing Structure of Bamboo Laminated Boards . Journal of Zhejiang A&F University, 1994, 11(2): 129-132.
[19]	Hu Chaozong, Jin Aiwu, Zheng Jianxin. Composition of Lei Bamboo Rhizomatic System . Journal of Zhejiang A&F University, 1994, 11(3): 264-268.
[20]	Zheng Siwei. A Preliminary Study on Marketization of Forestry Industry . Journal of Zhejiang A&F University, 1994, 11(2): 189-195.

References
Proportional views

通讯作者: 陈斌, bchen63@163.com

1.
沈阳化工大学材料科学与工程学院沈阳 110142

Get Citation

PDF

XML

Article views(1401) PDF downloads(187) Cited by()

Proportional views

Real meaning of interest rate marketisation

JI Ya-lan,
GU Lei

1. Department of Economics and Management , Zhejiang Forestry College , Lin’an 311300 , Zhejiang , China

Received Date: 2001-08-29
Rev Recd Date: 2001-12-04
Publish Date: 2002-03-20

Key words:

Abstract: As China officially entered WTO , the reform of interest rate marketisation seems to be inevitable . Before the entry of WTO , Peoples Bank of China (central bank)had worked out a general framework of interest rate marketisation and carried it out by stage .Some currently widespread ideas about interest rate marketisation are inexact .Those prevalent ideas base on new and old liberalism , stress on the importance of equilibrium interest rate and neglect the importance of interest rate structure .But equilibrium interest rate does not exist .So the real meaning of interest rate marketisation should be that central bank determines the basic interest rate level and market makes the interest rate structure .For this aim , it is necessary for China to introduce competition mechanism to the bank industry .

JI Ya-lan, GU Lei. Real meaning of interest rate marketisation[J]. Journal of Zhejiang A&F University, 2002, 19(1): 76-80.

Citation:

JI Ya-lan, GU Lei. Real meaning of interest rate marketisation[J]. Journal of Zhejiang A&F University, 2002, 19(1): 76-80.

HTML

DownLoad: Full-Size Img PowerPoint

Return

Real meaning of interest rate marketisation

Abstract

References

Proportional views

通讯作者: 陈斌, bchen63@163.com

Related

Proportional views

Real meaning of interest rate marketisation

1. Department of Economics and Management , Zhejiang Forestry College , Lin’an 311300 , Zhejiang , China

HTML

Catalog

Real meaning of interest rate marketisation

Abstract

Relative Article

References

Proportional views

通讯作者: 陈斌, bchen63@163.com

Related

Proportional views

Real meaning of interest rate marketisation

1. Department of Economics and Management , Zhejiang Forestry College , Lin’an 311300 , Zhejiang , China

HTML

Catalog

Export File

Citation

Format

Content