Quantitative easing, a term first widely used in Japan in the 1990s, does not have an agreed precise definition. It describes a policy in which the central bank buys assets from the financial sector, and does not necessarily – as in conventional monetary policy – confine such activities to the management of the government’s own debt.
“量化宽松”一词最初于上世纪90年代在日本广泛使用，目前还没有公认的准确定义。它描述了一种政策：央行从金融行业购买资产，而与常规货币政策不同的是，购买目标不局限于政府自己的债券。
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