How can I get to AVIC International Exchange Center
Publish: 2021-04-30 13:27:43
1.
Bus route: No.66 → Metro Line 2 → Metro Line 1, the whole journey is about 17.6km
1. Walk about 430m from wuguaqiao bus station to Wuguiqiao bus station
2. Take No.66, pass 5 stops, and reach Dongda Road intersection station (or take No.23 or No.200)
3. Walk about 180m to niushikou station
4. Take Metro Line 2, pass 4 stops, Arrive at Tianfu Square Station
5, take subway line 1, pass 9 stops, arrive at hatching Park Station
6, walk about 510 meters, arrive at AIP AVIC International Exchange Center
bus line: No.91, the whole journey is about 14.8 km
1, walk about 400 meters from wuguaqiao bus terminal to Wuguiqiao bus station
2, take No.91, pass 19 stops, Reach Yichou Avenue entrance station of Fucheng Avenue
3, walk about 1.5km to AIP AVIC International Exchange Center
2.
bus line: Metro Line 2 → Metro Line 1, the whole journey is about 27.0km
1. Take Metro Line 2 from Xipu, pass by 14 stations, and reach Tianfu Square Station
2. Take Metro Line 1, pass by 9 stations, and reach hatching Park Station
3. Walk about 690m to reach AVIC International Exchange Center
3. North section of Yizhou Avenue (next to hatching Park Station of Metro Line 1).
4.
bus route: 220 bus, about 4.7 km
1. Walk about 380 meters from shiyangchang passenger station to shiyangchang bus station
2. Take 220 bus, after 6 stops, to Jincheng Avenue Yizhou Avenue exit station
3. Walk about 360 meters to AVIC International Exchange Center
the answer is not easy, if you agree with my answer, please accept it, thank you
5. It works.
6. The fixed exchange rate system is that the monetary authorities basically fix the exchange rate of their own currency to other currencies, and the fluctuation range is limited to a certain and small range. Under this system, the exchange rate fluctuates within the legal range under the control of the monetary authority, so it is relatively stable<
floating exchange rate system generally refers to the free floating exchange rate system, which is relative to the fixed exchange rate system. It means that a country does not specify the fluctuation range of the exchange rate between its own currency and foreign currency, nor does it undertake the obligation to maintain the fluctuation limit of exchange rate, but allows the exchange rate to float freely with the change of supply and demand in the foreign exchange market. Under this system, foreign exchange has become a special commodity in the international financial market, and the exchange rate becomes the price of the commodity
different exchange rate regimes have different performances in the face of the impact of international capital flows on domestic economy. Generally speaking, the choice of floating exchange rate is mainly controlled by market forces; Choosing a fixed exchange rate requires the government to control the transnational flow of capital
hope to adopt
floating exchange rate system generally refers to the free floating exchange rate system, which is relative to the fixed exchange rate system. It means that a country does not specify the fluctuation range of the exchange rate between its own currency and foreign currency, nor does it undertake the obligation to maintain the fluctuation limit of exchange rate, but allows the exchange rate to float freely with the change of supply and demand in the foreign exchange market. Under this system, foreign exchange has become a special commodity in the international financial market, and the exchange rate becomes the price of the commodity
different exchange rate regimes have different performances in the face of the impact of international capital flows on domestic economy. Generally speaking, the choice of floating exchange rate is mainly controlled by market forces; Choosing a fixed exchange rate requires the government to control the transnational flow of capital
hope to adopt
7. The independence of China's monetary policy is becoming more and more prominent (Chart)
2010-10-20 04:27:00 source: Securities Times (Shenzhen) posted 0 mobile phone to watch the news
Securities Times Reporter Jia Zhuang
the central bank took care of the unexpected time to launch an expected policy interest rate increase, which is obviously aimed at inflation, The inflation data to be released in September is likely to exceed the expectation of the outside world, and the actual inflation pressure may be greater than expected
e to the rebound of price increase, China has experienced "negative interest rate" for seven consecutive months since February this year. In August, CPI rebounded to 3.5%, a new high of the year and the highest point after October 2008. What is more worrying is that inflation is deteriorating. On the one hand, food prices, which occupy the largest weight of CPI statistics, are rising. On the other hand, the rebound of international commodity prices has also brought imported inflation pressure
the central bank's concern about inflation can be seen from the statement of the third quarter regular meeting of the monetary policy committee. In the press release after the regular meeting, the central bank said: "China ' The task of adjusting the economic structure and transforming the mode of economic development remains arous. " What is obviously different from the expression of previous regular meetings is that "anti inflation" was put in the first place in this regular meeting, and the arousness of the task was emphasized
the strong trend of China's economy has also increased the confidence for the central bank to announce an interest rate increase. Lu Zhengwei, senior economist of Instrial Bank, said that from June to July this year, the relevant departments once worried about the excessive economic downturn. However, with the rebound of economic operation data in August and the expected data in September, the regulatory authorities' worry about the continued economic downturn has subsided temporarily, and the real estate regulation of multiple ministries and commissions also shows this
the real estate regulation started in the first half of this year has been pushed forward with unprecedented strength, but since the third quarter, the ready real estate prices have graally swallowed up the regulatory effect. Therefore, the State Council once again issued more stringent control measures, and various ministries and commissions have also successively launched corresponding measures. In order to fundamentally curb the rapid rise of house prices, we must tighten monetary policy. It should be said that the poor effect of real estate regulation is another important reason for the central bank to tighten monetary policy< However, the announcement of interest rate increase by the central bank yesterday surprised the vast majority of market participants because of the lack of necessary international environment for China's interest rate increase. First of all, the world's major economies have postponed the withdrawal of stimulus policies, and the United States, Europe, Japan and other economies have even increased the intensity of stimulus on the basis of the original policies; Secondly, the loose monetary policy of the world's major economies creates a lot of liquidity, which fills the global market and seeks investment targets everywhere. At this time, China's tightening monetary policy will continue to stimulate the inflow of hot money
based on the above judgment, most market participants come to the conclusion that China will not raise interest rates in the short term, but the actual situation is completely opposite to the expectation. At present, there are obvious differences between the decision-making ideas of China's regulatory authorities and the analytical framework of research institutions. The announcement of interest rate increase in the current environment shows that the Central Bank of China pays more attention to the independence in the complex international environment in the process of implementing monetary policy, focusing on domestic economic factors as a reference for decision-making
domestic factors are not only the rapid rise of consumer prices, but also the potential pressure of asset bubbles. Wang Tao, chief economist of UBS Securities in China, said that as real interest rates are sinking deeper and deeper in the negative range with the rise of inflation expectations, credit control is not enough to control asset price inflation. With the advent of quantitative easing, the influx of liquidity will further increase. If China still uses the current policy mix to tackle the global environment of quantitative easing, the biggest risk may not be the loss of competitiveness of the manufacturing sector relative to the US or other Asian economies, but over investment and asset bubbles.
of course, China's flexibility in exchange rate policy has also created conditions for enhancing the independence of monetary policy. Political Commissar Lu said that after further deepening the reform of the exchange rate formation mechanism on June 19, the recovery of RMB's elasticity against the US dollar has eliminated its restriction on interest rate policy Source: Securities Times)
2010-10-20 04:27:00 source: Securities Times (Shenzhen) posted 0 mobile phone to watch the news
Securities Times Reporter Jia Zhuang
the central bank took care of the unexpected time to launch an expected policy interest rate increase, which is obviously aimed at inflation, The inflation data to be released in September is likely to exceed the expectation of the outside world, and the actual inflation pressure may be greater than expected
e to the rebound of price increase, China has experienced "negative interest rate" for seven consecutive months since February this year. In August, CPI rebounded to 3.5%, a new high of the year and the highest point after October 2008. What is more worrying is that inflation is deteriorating. On the one hand, food prices, which occupy the largest weight of CPI statistics, are rising. On the other hand, the rebound of international commodity prices has also brought imported inflation pressure
the central bank's concern about inflation can be seen from the statement of the third quarter regular meeting of the monetary policy committee. In the press release after the regular meeting, the central bank said: "China ' The task of adjusting the economic structure and transforming the mode of economic development remains arous. " What is obviously different from the expression of previous regular meetings is that "anti inflation" was put in the first place in this regular meeting, and the arousness of the task was emphasized
the strong trend of China's economy has also increased the confidence for the central bank to announce an interest rate increase. Lu Zhengwei, senior economist of Instrial Bank, said that from June to July this year, the relevant departments once worried about the excessive economic downturn. However, with the rebound of economic operation data in August and the expected data in September, the regulatory authorities' worry about the continued economic downturn has subsided temporarily, and the real estate regulation of multiple ministries and commissions also shows this
the real estate regulation started in the first half of this year has been pushed forward with unprecedented strength, but since the third quarter, the ready real estate prices have graally swallowed up the regulatory effect. Therefore, the State Council once again issued more stringent control measures, and various ministries and commissions have also successively launched corresponding measures. In order to fundamentally curb the rapid rise of house prices, we must tighten monetary policy. It should be said that the poor effect of real estate regulation is another important reason for the central bank to tighten monetary policy< However, the announcement of interest rate increase by the central bank yesterday surprised the vast majority of market participants because of the lack of necessary international environment for China's interest rate increase. First of all, the world's major economies have postponed the withdrawal of stimulus policies, and the United States, Europe, Japan and other economies have even increased the intensity of stimulus on the basis of the original policies; Secondly, the loose monetary policy of the world's major economies creates a lot of liquidity, which fills the global market and seeks investment targets everywhere. At this time, China's tightening monetary policy will continue to stimulate the inflow of hot money
based on the above judgment, most market participants come to the conclusion that China will not raise interest rates in the short term, but the actual situation is completely opposite to the expectation. At present, there are obvious differences between the decision-making ideas of China's regulatory authorities and the analytical framework of research institutions. The announcement of interest rate increase in the current environment shows that the Central Bank of China pays more attention to the independence in the complex international environment in the process of implementing monetary policy, focusing on domestic economic factors as a reference for decision-making
domestic factors are not only the rapid rise of consumer prices, but also the potential pressure of asset bubbles. Wang Tao, chief economist of UBS Securities in China, said that as real interest rates are sinking deeper and deeper in the negative range with the rise of inflation expectations, credit control is not enough to control asset price inflation. With the advent of quantitative easing, the influx of liquidity will further increase. If China still uses the current policy mix to tackle the global environment of quantitative easing, the biggest risk may not be the loss of competitiveness of the manufacturing sector relative to the US or other Asian economies, but over investment and asset bubbles.
of course, China's flexibility in exchange rate policy has also created conditions for enhancing the independence of monetary policy. Political Commissar Lu said that after further deepening the reform of the exchange rate formation mechanism on June 19, the recovery of RMB's elasticity against the US dollar has eliminated its restriction on interest rate policy Source: Securities Times)
8. Only the exchange rate will be affected by the market, and the market value will be closer to its real value.
9. Hello, the network team answers for you:
the questions you asked can be explained by Mundell's impossible triangle theory. According to Mundell's three paradoxes, there are three economic goals of a country: 1) the independence of monetary policy of each country; 2) the independence of monetary policy of each country; ② The stability of exchange rate; ③ The complete liquidity of capital. However, it is impossible for a country to achieve the three financial goals of monetary policy independence, exchange rate stability and free flow of capital at the same time. It can only choose two of them at the same time. In other words, the independence of monetary policy is greatly restricted under the fixed exchange rate of complete capital flow (that is, open economy). Furthermore, the effect of monetary policy has been greatly weakened. For example, in the case of inflation, the country should implement a tight monetary policy and raise interest rates, but this will lead to foreign capital inflows. The central bank needs to put in funds to offset foreign exchange in order to maintain a fixed exchange rate, and banks and other financial institutions can easily obtain foreign hot money, which will lead to the failure to achieve the purpose of recing monetary policy. This weakens the effectiveness of monetary policy. Therefore, the effect of monetary policy with fixed exchange rate in open economy is not obvious. It can also be regarded as invalid or even counterproctive
the questions you asked can be explained by Mundell's impossible triangle theory. According to Mundell's three paradoxes, there are three economic goals of a country: 1) the independence of monetary policy of each country; 2) the independence of monetary policy of each country; ② The stability of exchange rate; ③ The complete liquidity of capital. However, it is impossible for a country to achieve the three financial goals of monetary policy independence, exchange rate stability and free flow of capital at the same time. It can only choose two of them at the same time. In other words, the independence of monetary policy is greatly restricted under the fixed exchange rate of complete capital flow (that is, open economy). Furthermore, the effect of monetary policy has been greatly weakened. For example, in the case of inflation, the country should implement a tight monetary policy and raise interest rates, but this will lead to foreign capital inflows. The central bank needs to put in funds to offset foreign exchange in order to maintain a fixed exchange rate, and banks and other financial institutions can easily obtain foreign hot money, which will lead to the failure to achieve the purpose of recing monetary policy. This weakens the effectiveness of monetary policy. Therefore, the effect of monetary policy with fixed exchange rate in open economy is not obvious. It can also be regarded as invalid or even counterproctive
Hot content