Question

求英语好的大神帮我翻译，网上的翻译软件就算了 希望是自己翻译的！谢谢大家

我国自2005年开始施行货币政策改革，经济由发展由过快转为过热，因此我国中央银行被迫性的开始大量增加货币发行量。为了改变这种格局，中央银行决定实施冲销干预的手段在外汇市场上买进国外资产以减小国内人民币升值的压力。货币政策形同一双无形的手，操纵着世界经济格局的不断变换。一国的汇率是否稳定、外汇储备如何，不仅仅可以影响本国的经济发展，同时还会对进出口贸易、其他国家汇率等方方面面造成影响。在经济全球化的趋势，如何合理的进行外汇干预，成为了我国中央银行研究的主要课题。
本文首先对我国外汇干预理论进行了简单叙述分析。随后，依据近年来央行外汇干预的实际情况，经过图表剖析、数据统计的方式对外汇干预有效性机制和目标进行了查验。根据数据重点论述了中央银行外汇干预产生的相关问题，导致有效性水平下降。最后针对前面干预实践的分析、验证的结果，配合政策导向建立完善市场体系，以减少直接干预频度等政策和建议。

Answer 1

The implementation of the reform of China's monetary policy since 2005 , by the rapid development of economy from becoming overheated , so China's central bank was forced to begin a substantial increase of the money supply . To change this pattern , the central bank decided to implement the means to buy foreign assets sterilized intervention in the foreign exchange market in order to reduce pressure on the yuan to appreciate. Monetary policy is tantamount to a pair of invisible hand manipulating the world economy is constantly changing . A country's exchange rate is stable , how foreign exchange reserves , can not only affect the country's economic development, but also have an impact on the import and export trade , exchange rates and other aspects of other countries . In the trend of economic globalization , how to conduct foreign exchange intervention , has become a major topic of China's central bank research.
Firstly, the theory of China's foreign exchange intervention in a simple narrative analysis . Subsequently , based on the actual situation in recent years, the central bank foreign exchange intervention , after chart analysis, statistical way of foreign exchange intervention effectiveness of mechanisms and objectives of the inspection. According to the data focuses on the issues related to the central bank intervention in the foreign exchange generated , resulting in decreased level of effectiveness . Finally, the results of the previous practice of intervention analysis , verification , with the establishment of a sound policy-oriented market system , policies and recommendations to reduce the frequency of direct intervention and so on.