For a long time，The party and the country attach great importance to the impact of the impact of external impacts in China's economic development，"International Finance and Grand Commodity Market fluctuations，Bring greater impact to emerging market countries and developing countries "，In particular, it is necessary to solve the problem of the "lack of pricing power" in the international commodity market in the international commodity market。General Secretary Xi Jinping emphasized at the 2022 World Economic Forum video conference，"Disorders of the global industrial chain supply chain、The price of commodities continues to rise、Energy supply and other risks are intertwined with each other，Extracted an uncertainty of the economic recovery process "，Proposal countries actively respond to these uncertainty，Promote the Stability of the World Economic Stability。

In recent years, under the impact of the new crown pneumonia epidemic，Steering of monetary policy steering and geopolitical and military conflicts in major Western economies have exacerbated the problem of supply and demand market imbalance in the commodity market，Davidment fluctuations in the commodity market。Over the past ten years，The vulnerability of its own economy in some developing economies is continuously exposed。Generally speaking，my country's key commodities have different structural features in the international market，In this case，International commodity price impact has a mixed economic effect。For some products with a higher degree of foreign dependence，Changes in international market prices have a direct impact on the domestic market;，The Bet365 lotto review impact of external prices is easy to absorb; for the commodities in the international market in my country，Prices with unfavorable international markets。

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Changes in commodity price changes will help macroeconomic fluctuations in cross -border transmission between the country，At the same time，Inappropriate economic policy will exacerbate the price of commodity prices。Global，Some developing countries belong to the typical resource -dependent economy，These countries have a single economic structure and industrial structure，or depends on a commodity，or depend on a limited commodity portfolio。International commodity price changes，Will bring direct challenges to domestic economic governance。Considering that my country's economic department has diversity，The market is energetic，The impact of drastic changes in the market price of international commodities is relatively limited on my country's economic growth。In recent years，Economics research also shows that the impact of commodity price impacts on the recession of my country's macroeconomic operation does not exist。

Successful economic construction since the reform and opening up，my country's economy has a stable endogenous ability。my country's contribution rate to world economic growth has remained at about 25%for five consecutive years，Become the world's largest economic growth engine in the international community。my country's cargo trade amount and foreign exchange reserves ranked first in the world，The size of the consumer market ranks second in the world。my country has the most complete globally、The largest industrial production system，Powerful production capacity，and the perfect industrial industry department，With 41 industrial categories、207 industrial categories、666 industrial small categories，Bet365 lotto review It is the only country that owns all industrial categories listed by the United Nations Industrial Classification。

Under the real context of the surge in international commodities，The typical economic problems faced by the "resource -dependent" developing countries will not appear in my country's economy。but，The economic impact and potential risks of the violent fluctuations of international prices need to attract the attention of government decision -making departments and market participants at all levels。The economic effect of the price fluctuations of commodities has unskilled and non -balanced features，This will bring additional challenges to government economic policy governance。Price fluctuations that occur within a country，The government has direct and effective policy means and tools。But，The country that benefits from the rise in commodity prices does not have a common social welfare goal with the damaged country，The beneficiary and the damaged person may even be separated in space，Unable to respond through domestic direct balance policies。

The rise in commodity prices on commodities on the macroeconomic impact brought by my country is prominently reflected as inflation effects。Since the commodities are mainly raw materials or production input products，The rise in commodity prices in the current period is difficult to directly reflect the changes in the current consumer price index，Often having lag。Products and service basket purchased by consumers in our country has its own characteristics，At the same time, the external impact on the international market has the characteristics of the transmission of inflation from my country to China.。It can be said，The impact of rising international commodity prices in the short term is relatively limited。but，This round of international commodity price increases on the impact of the inflation bet365 live casino games of the PPI inflation need to attract attention。

First，Micro -subject will face the first round of the international commodity price impact。Conclusion according to economics research，The rise in the price of international commodities is not complete for the transmission effect of domestic price levels。The rise in the price of international commodities has brought about rising corporate costs，The degree of the final inflation from PPI to CPI depends on the length and range of the industrial chain。Large and medium -sized enterprises out of the maintenance of stable customer relationships and affected by medium and long -term contracts，Often will use corporate surplus absorption to absorb part of the price increase in the short term，But the continuous and violent price rise pressure is destined to pass through the industrial chain。

Next，There are differences in the ability to respond to the rise in commodity prices in international commodities。Low the profitability of some small and medium -sized enterprises' operating income，Most of the middle and lower reaches of the industrial chain，Weaker bargaining ability，The ability to absorb raw material prices is not strong，Will face production and operation problems。Copper、Aluminum、Steel and other metals and motors based on crude oil、Electric and Chemical SMEs，Rapid profit space under the impact of raw materials。

Last，The price of international commodities rose violently and superimposed the uncertainty of the epidemic and the risk of supply chain，In the entire industrial chain supply chain，The business difficulties faced by the company will be passed on the entire production network，The problem of breaking the industrial chain cannot be ignored。

In terms of macroeconomic governance goals，The rise in the price of international commodities will not only bring inflation risk，and it will also bring a direct impact to our financial Bet365 app download market。In the field of academic research，In recent years, the impact of changes in international commodity price changes on the stock market has been paid more attention to。On the one hand，Weakness in the global economic recovery，China as a "engine" as a "engine" as a global economic growth，Aversion capital on the international financial market is driven by profit -seeking，will flow into my country's financial market in many ways; on the other hand，my country is an important demand party in the international commodity market，It is also the key supplier，The characteristics of the above supply and demand dual structure will promote the differentiation of the performance of listed companies closely related to goods in the financial market。Under the situation of increasing market uncertainty，The volatility of my country's stock market will increase。Overall，The sharp rise in the price of international commodities rising on my country's financial market depends on the comprehensive effect of the above factors。

　　Improve the commodity product guarantee supply stability policy tool 

From the perspective of the actual operation of the world economy，my country's economic growth is energetic，Economic toughness is outstanding，The domestic market is huge，Policy tools for the price of commodities to guarantee stable price。From the perspective of medium and long term，Copy external impact，my country should pay attention to the following policy recommendations。

First，Start with the goal of macroeconomic governance，Make sure the price is stable，It's about the well -being of the people's livelihood。Actively respond to rising commodity prices，Safety supply security will become the focus of work to deal with external price shocks。The party and the country have attached great importance to economic growth for a long time、Price stability、Full Employment and International Revenue Balance。The impact of the price of commodities bet365 best casino games will directly affect my country's stability and full employment。，International commodity prices rose too quickly，accelerated the rise in the cost of Chinese enterprises through the PPI channel，This will reduce the living space of small and medium -sized enterprises。We must continue to strengthen financial support for SMEs，Stable employment，Activating the development of the real economic department through effective financial policy。

Next，Pay attention to the economic functions of my country's commodity futures market，Promoting benign interaction in the commodity futures market and the spot market。Current，my country's commodity futures market has a high turnover rate，Short positioning time，High speculation prominent，This is closely related to the high participation of individual investors。High density of speculative activities，will increase market volatility，At the same time, it will also squeeze the trading activity of the hedging period。Optimization of futures contract，Strengthen supervision，Broadcasting product category，Vigorously promote the deepening development of my country's commodity futures market，Promoting companies that are closely related to the operation of my country's commodity operations realize "price discovery" and "risk management" through the futures market。

Last，International commodity price impact affects the Chinese stock market。The commodity market and the stock market provides two types of financial products currently traded，With the continuous strengthening of the financial attributes of the commodity market，The commodity market is closer to the stock market。To avoid financial market risks，National macro -prudential supervision policy needs to strengthen supervision on the situation of the price of the commodity market and the fluctuation of the stock market，Avoid the superposition effect of cumulative risks in Bet365 app download the financial field and operating risks of the real economic department，Find the bottom line that does not occur without systemic risks。

　　(This article is the National Natural Science Foundation of China, "International Commodity Price Dynamics: Affected Factors、Effect and Policy Analysis "(71673205) phased results) 

　　(Author Unit: School of Economics and Management of Wuhan University)