Government will not prop up the market for some things away.

<P> Fan remind investors: the government will not prop up the market for some things away </ P> <P> It http:// hearing, for the current stock market is still hot, the national economy of China Reform Foundation .Fan Gang, director of the Institute, said in Shanghai yesterday, the market risk borne by the markets themselves, investors need to break some fantasy respect for market rules to address market risk. .</ P> <P> Fan Gang said that the introduction of this central bank reserve ratio increase, interest rates and increased room for three policies to exchange rate fluctuations, liquidity problems are targeted, the money supply problem. .In the meantime, countries monetary policy is introduced, the property bubble will refer to the existence of factors, China also the same. .The Asian financial crisis 10 years ago, the full description of the property market volatility will lead to fluctuations in the real economy. .In the country in April fixed asset investment, CPI fell back under the circumstances, the central bank to continue to introduce some austerity, but also the development needs of the financial markets to adjust policies, if not properly adjusted, there may in turn affect the real economy .development. .</ P> <P> Fan Gang that any macroeconomic policy is run in the market itself based on the adjustment of policy variables, the world can not be to eliminate volatility, but only to reduce volatility, reduce the negative volatility .effect, the volatility in the process of economic recovery can be faster. .For the evaluation of a policy, whether the elimination of the bubble can not be judged, but rather to see if reducing volatility and the negative impact. .When hot or cold face of the market unhealthy trends and risks, the government's macroeconomic policy-making departments have to do something to reduce the negative effects of volatility. .</ P> <P> for the stock market is still hot, Fan Gang said he believes the government will not prop up the market for some things away, market risk or to be borne by the market themselves, investors need to break some fantasy .respect the laws of the market to address market risk. .At the same time, now on the market there are lots of institutional investors, but also want them to face market risks and development laws, through the correct analysis of the market long-term benefits to shareholders, and further to the confidence of the market, rather than rely on the market enthusiasm for incitement .to obtain short-term performance, thereby increasing market risk. .</ P> <P> It is reported that Fan Gang, led by the National Economic Research and co-sponsored by Everbright Securities in Shanghai Everbright Financial forum set up in each of two to three meetings will be held to discuss the macroeconomic and international economic, financial markets, .industry and other issues. .</ P>.