A set of data is from 1990 to 2000, the United States almost achieve “zero inflation”, from 2000 to 2010, the CPI has been at 2% plus or Wedding Accessories minus, in other words, rapid economic development, personal income has increased annually at the same time, “low inflation” is always accompanied by about a detail is more than a century since the birth of dollars and cents as the basic unit of currency, is always in circulation.

Another set of data is nearly 30 years, China has experienced in 1988, 1994, 2007 and 2010 since the four inflation, the CPI rose the peak of inflation was 18%, 21.9%, 8.7% and 6.5% of the current This means that the declining purchasing power of money. So, today’s China than the U.S. price is more expensive? Several experts interviewed gives the conclusion is: relative to per capita income levels and purchasing power, China’s price was significantly higher than the United States, in the absolute price, but wholesale wedding dresses also appeared on local goods cheap in the case of your beauty.

One widely proposed view is that: in the past more than two years, large-scale government-led investment leading to rapid expansion of commercial bank loans, resulting in broad money supply in the domestic United States has more than 20%, resulting in the same goods in China far greater than the corresponding amount of money in the United States corresponding to the amount of money. Meanwhile, the U.S. trade surplus is widening, which again increased the money in circulation, and promote inflation. However, some questions also will be produced. Zuo Xiaolei, Galaxy Securities chief economist, told reporters in the United States, not only Chinese-made products cheaper than the domestic price, even in America, also appeared in the same situation, such as she had an sweep ball gown quinceanera dress airport in California shop to buy American windbreaker, price less than the same mall Beijing Scitech coat of fifths.

Zuo Xiaolei consecutive two questions. The same cost, the same product, if produced in China, even count the “export tax rebate” part, and should not appear twice higher than the foreign market situation. And vice versa, if the product comes from abroad, in WT0 framework, even punitive tariffs, absolutely not have more than doubled the price difference. When the ice is that the domestic commodity prices pushed up one of the main reasons is that possession of the goods in the consumer pay an additional transaction costs, transaction costs is the biggest tax burden.

According to the Chinese Academy of Social Sciences, Institute of Finance and Trade Economics, deputy director of the Aim statistics, since the tax system introduced in 1994, since the reform, the Chinese government’s revenue growth is lace wedding dress almost twice the GDP growth rate every year. In China, under the current tax structure, more than 70% of the revenue from value-added tax, consumption tax and business tax and other flow aspects. The remaining less than 30% of the revenue from corporate income tax and personal income tax revenue aspects.