日经济面临另一个失去十年 或无计可施（Japans economy faces another ten years to lose or nothing to do）.doc

日经济面临另一个失去十年 或无计可施（Japans economy faces another ten years to lose or nothing to do） Bank of Japan representatives: Japans economy faces another ten years or nothing to lose Last month, the Bank of Japan announced an expansion of its existing asset purchase plan to 80 trillion yen at a conference on interest rates. In the context of Japans economic downturn and the introduction of the QE3 by the Federal Reserve, the Bank of Japan is not surprised by the market. When the world economy is depressed, it is natural for many central banks to carry out loose monetary policy in order to maintain macroeconomic health. Shinkawa Rikuchi, chief representative of the Bank of Japan in Beijing, said in an interview with the first financial daily reporters. Public data show that Japans two quarter GDP growth was 0.3%, CPI in August was -0.4%, which means that Japans economic growth is still at a standstill. Feng Weijiang, an assistant researcher at the Asia Pacific Research Institute of the Chinese Academy of Social Sciences, said: Japan has a great chance of losing another ten years, and there is no sign of improvement.. Japan or nothing The Bank of Japan very limited operating space, the current interest rate policy (interbank market overnight rate) remain at a very low level of 0 to 0.1%, with no further down the space, so we can only buy assets, even to buy assets, 1% of Japans inflation level before the end of the year can not be realized. Chinese Academy of Social Sciences researcher Feng Weijiang specializes in Japans economic issues, said the reporter. In regard to Japans economic prospects, Shinkawa Rikuchi said that the Japanese economy needs structural reforms, the Japanese economy has the problem of aging, we also need to reform the employment market, the need for more labor (women) return to the labor market. In addition, Shinkawa Rikuchi also expressed concern about the appreciation of the yen, the sudden sharp fluctuations in the exchange rate, the macroeconomic impa