To solve this problem, the 17th Party Congress stated in its report that conditions would be created to enable more people to receive incomes from properties and investments. For the same reason, part of the stateowned common equity is transferred to the national social security fund when a company goes public. Greater efforts are needed to enable the public to share the corporate profits.
To understand the QQE, it is necessary to gain your understanding of the price stability target of 2 percent in terms of the year-on-year rate of change in the consumer price index (CPI) that the Bank aims at – or, in other words, the Bank’s inflation targeting policy – and the thinking behind the policy. Let me start with this point (Chart 1). I.