The Research Of China’s Control Orientation About Monetary Policy In The Post-crisis Period

From the U.S. subprime crisis in2007, the financial crisis has threatened the world in the final. Then the financial crisis threatened China’s economy in the second half of2008.The Chinese government adjusted its monetary policy direction in order to solved the financial crisis and ensured a good and fast development of Chinese economy, after that the Chinese government began to implement a proactive fiscal policy and loose monetary policy appropriately in2008.First, the article analyzes the problems of the Chinese economy and the results of the control policy from the ninth Five-Year Plan to the present. And then using the monetary policy rules, the article analyzes China’s macroeconomic situation and the corresponding control policy about the eleventh Five-Year Plan with the Taylor rule, linking China’s current economic situation. Then the article analyzes and forecasts economic trends in China in the post-crisis period. After that, with regard to China’s current monetary policy, the article suggested that China should adjusts its monetary policy at the appropriate time and finally to give up a moderately easy monetary policy. Ultimately, the article around this point gives a series of policy proposals, such as promote market-oriented reform of interest rates, further improve the implementation of monetary policy independence and transparency and promote economic structural adjustment in the total control of the premise.