关于构建中国多层次化证券市场的分析与建议

Building up Multi - layered Securities Market in China

中国社会主义市场经济的发展对证券市场结构的多层次化提出了迫切要求,本文阐述了证券市场多层次结构的理论基础,结合发达国家证券市场的状况,对主板市场与二、三板市场进行了比较论述,进而分析了中国证券市场层次结构的现状及存在的问题,提出了中国多层次证券市场结构的政策建议。

The development of market economy in China has raised urgent and impelling requirements on the formation of multi - layered securities market structure. While expounding the theoretical foundation on the multi - layered structure of the securities market, the author combines the present situation on the securities market in developed countries and makes comparison and contrast between the Main Board market and the Second and Third Board markets. By analyzing the present structure of the Chinese securities exchange market together with its existing problems, some policy - related advises for the improvement of the multi - echeloned structure of the securities market in China are proposed.