China's Stock Market and Monetary Policy Transmission Mechanism

The monetary policy of a country,an important means for the macro-adjustment of economic operation,is closely related to the stability of the national economy.The proper policies,goals and means will lead to good results and have much to do with the monetary policy transmission mechanism.If this mechanism is not functioning well,the relevant monetary policy can not expect good results.To improve the existing monetary policy transmission mechanism relies on perfecting the relevant factors like interest and credit and on solving the urgent problems.