2015陸股的非理性繁榮

Abstract

(1) 目的： 自2008年金融海嘯後，全球主要經濟體都相繼推出類似的量化寬鬆政策，製造了大量的流動性。在各大央行爭相QE的情況下，全球股市在2014年累積了越來越大的泡沫，造就了人為的牛市。 大陸近幾十年來的改革開放下，不管在社會體制上，或是經濟貿易上，跟過去相比都有很大的不同。對於全球的經濟體系更是佔有相當重要的一個角色，因此其經濟貿易活動會牽一髮而動全身，不管大大小小的因素都會影響著全球的經濟。一個國家的股市，可以代表著一個國家的經濟活動狀態，有鑒於2015年中國股市的大起伏，是值得我們去討論的。 (2) 過程及方法： 我們在製作專題研究報告的過程中，利用網路、校園資源，使用學校所提供之研討室以及圖書館所提供的報章雜誌進行資料蒐集和彙整，先將西元2015年大陸股市分為上漲、及下跌兩部分來做研究。再細分其上漲下跌的背景因素、原因、上漲政策的成效、下跌後政府採取的應對方法、救市的效果以及對於全球的影響作重點整理及介紹。 (3) 結果： 中國大陸的經濟成長，近年來已成為世界主要經濟體之一， 是足以影響世界金融的第二大經濟體。2015年的中國股災所形成的原因、造成的結果，對於國內及國際的股市變化均會造成影響和衝擊，如何提出完善的應對政策，則是現在各國所面臨的問題。並且我們應該將以中國為前車之鑑來改善我國的經濟政策，以免造成相同的局面。

(1) Object： The world’s major countries are use similar Quantitative Easing(QE), and lead to lot of financial liquidity, since the financial crisis in 2008. In the case of central banks competing to QE, the global stock market has accumulated a growing bubble in 2014, creating an artificial bull market. China has been very different to compared with the past. Under it's reform and opening up in recent decades, including the social system, and the economy. Since China played an important role in global economy, its economy can influence the global economy, regardless of any factors. A country's stock market, can represent the state of a country's economic activity. In view of the fluctuation in China stock market in 2015, it is worth us to study it.

(2) Process and Method： We used the resource from Internet and school, also collected information from the magazines provided from school library, throughout the entire progress we do our monograph. First of all, we divided 2015 China stock trend into two parts, risen part and fallen part. Second, we studied the background and the reason of rise and fall in the market. Then found out the effect of rise in stock market, the result of solution government did when the trend fallen. In conclusion, we integrated some main point and introduction of 2015 China market crash influence to global economy.

(3) Conclusion： In the recent years the economic growth in China has made China become one of the world’s major economy. It also made China, world’s second largest economy, have influence in the global financial market. The cause and the result of China market crash in 2015, it made impact on both domestic and international financial market. It is a problem to face to all the country over the world, how to come up with resolutions to solve the impact it brings, and made it as an example to improve financial policy.