【title】 Influences of Subprime Mortgage Crisis on Transmission Mechanisms of Chinese Substantive Economy and Its Countermeasures
【author】 CHEN Hong-quan（The Research Center of Chinese Special Economic Zones; Shenzhen Univ.; Shenzhen 518060）;
【Author Affiliations】 China Center for Special Economic Zone Research
【source】Shenzhen University Journal(Humanities & Social Sciences), 2009(01)
【key words】 subprime mortgage crisis; substantive economy; transmission mechanisms;
【abstract】American subprime mortgage crisis has exerted great impact on Chinese substantive economy through trade transmission mechanisms,industry correlative effects and financial transmission mechanisms,which pushed Chinese economy into a difficult situation,with shrinking external demand,sluggish internal demand,high employment pressure,and financial market downturn.In order to reduce the impact of subprime mortgage crisis on Chinese economy,we need to apply a package of foreign trade policy,financial policy,curre...