Over the past few decades, the theoretical and empirical research literature on the effectiveness of monetary policy is voluminous in the world, but so far it did not draw a clear conclusion. In China, a similar debate is also not infrequent. this paper links to the reality in China , and explored specific the effectiveness of our monetary policy .based on the analysis on the effectiveness of China' s monetary policy objectives,monetary policy framework and monetary policy transmission mechanism, this paper targeted on the monetary policy tool utilization situation as well as the implementation effect, and meta-analysis them to find general character and characteristics . and using figures,charts and the econometrics analysis tool, to carries on the related real diagnosis analysis to the material which obtained , the result is that the implementation of China' s monetary policy was more effective, but the effect was not obvious, and put forward the related policy recommendations in this foundation. |