China's Manufacturing Monetary Policy Effect Is Analyzed

The researching methods are used in this thesis are normative and empirical. Through the empirical researching method, the thesis gets the conclusion that without considering the reality of different property and industry division and the micro economy of different region, the one-size-fits-all kind of monetary policy has negative effect on partial industry division, and has low policy efficiency and the policy result is not good. The manufacturing industry is the engine of China's economic development and the cornerstone of national economy, though as one of the most important macro economy controlling method, the monetary policy sometimes does not fits for the development of it. Now, more attentions are paid to how to reducing the friction between the monetary policy and manufacturing industry. This thesis aims to study the effect of monetary policy on manufacturing industry systematically, and reveal the internal reason causing the friction between the monetary policy and manufacturing industry, then give the solutions to the problems.Theoretical assumptions. General idea of thesis is from investigating and testing the phenomenon to analyze and reveal of the inner relationship between the various factors of the study, and then draw the conclusion and give the related suggestion. Firstly, statistical data and software are used to analyze the effect of the monetary policy on the manufacturing industry during different economy stage, then try give related solutions to the problems. Secondly, further study is done on how the monetary policy affects manufacturing industry and other industry as well as different manufacturing division asymmetrically. Thirdly, from the aspects of the dual economy structure and manufacturing industry, the internal and external causes are studied on the effects of monetary policy. Finally, conclusions are drawn and related suggestions are given.The topic of this study is complete new, because the thesis studies the effect and the reason of the monetary policy on manufacturing industry and presents the related solution to the problems. From the perspective of research, this study is different from other studies, because this study analyzes the effect of monetary policy on manufacturing industry from the aspects of ownership and the dual economy structure. Anyhow, on the basis of other research, the study makes a small step forward.Because of the complexity the process of monetary effect and the limitation of my ability, there are some questions can not be solved fully and deeply, some ideas are not fully considered and even error. In addition, the greatest difficulty faced in the study is lack of relevant consulting material and data, for there is very few studies on this aspect.Although there may exist problems and insufficiency, the study is meaning and value, for there are many reasonable analysis in the thesis and lay sound foundation for further study.