中文摘要：

动态随机一般均衡模型对中国的经济数据拟合较好，可用来分析中国的经济问题；利率作为中国货币政策的中介目标是适宜的，泰勒规则可以用来指导中国的货币政策实践；利率冲击通过影响资本投资价值进而投资而对产出产生影响，消费的传导作用相对较小。

英文摘要：

The dynamic stochastic general equilibrium model successfully fits China＇s economic data and can be used to analyze China＇s economic problems; the Interest Rate is suitable for being the intermediate target, and Taylor rules can be used to guide the implementation of China＇s monetary policy; the interest rate shock influences output through capital investment value then investment, however, consumption play minor role than that of investment in the shock＇s transmission.