本章总结了2014年货币政策操作的主要内容和特点，基于2008～2014年的数据分析了支付清算运行对货币供给的影响，发现支付清算系统的业务规模与货币供给之间存在显著的正相关关系，同时分析了跨境人民币结算和第三方支付对货币政策的影响。
This chapter summarizes the contents of the monetary policy operations in 2014 and analyzes the effects of payment and settlement transaction on money supply. The results show a significant correlation between transaction volume in payment and settlement system and the scale of money supply. It also discusses the impact of cross-border RMB settlement and the third party payment on monetary policy.
