On the Prevention of Inflation and Deflation
The depreciation of U.S.dollar,the subprime mortgage crisis and the dramatic fluctuating of commodity price in the first half of 2008 results in imported inflation and the pressure of constitutive inflation caused by the natural disaster in China emerges.As the effects of inflation governance and control policy gradually appear,the price index decrease month by month,and the pressures of the inflation become lightened.However,the international environment dramatically changes into the financial crisis,which seriously impacts on the economic entities of the world.The quick declination in economic growth and the appearance of economic recession slow down the economic growth of China.The inflation quickly transformed into the deflation.Controlling goal is taken as  maintaining growth,expanding domestic demand and adjusting structure.