Yao Jingyuan: External causes cause the price to rise together

Beijing TV Financial Channel, "the Key to the 2010-year finale", is hit.　　Yao Jingyuan, the chief economist of the National Bureau of Statistics, said in a key macroeconomic article this season that price increases were caused by domestic and international factors. Yao Jingyuan, a chief economist at the National Bureau of Statistics, said the reason for the price hike was complex. The factors that affect price increases are manifold, such as international and domestic reasons, long-term and short-term. The so-called international reasons, after the United States to implement quantitative easing monetary policy, leading to the world's dollar-denominated products in the sharp rise in prices, such as the international market, wheat, corn prices rose 57%, Rice rose 45%, sugar is up more than 55%, gold price before a breakthrough of 1400 U.S. dollars. So the basic product rise, will certainly impact and push up our domestic prices.　　This is an international factor driving our prices. In terms of domestic factors, Yao Jingyuan said it was due to excess liquidity. Excess liquidity means more tickets. Our country last year has 10 trillion credit, M2 is 2.7 amplitude. At the same time, China's broad-sense currency of the issuance of large amount. As a result, prices have been rising.