试论我国推行资产证券化的切入点、难点与支撑点

The breakthrough and supporting points and its difficulties in the course of assets securitiesation in China

资产证券化作为一种金融创新工具,在我国推行具有重大的战略意义。现在要在我国推行:首先要结合我国的国情,同时借鉴发达市场经济国家推行资产证券化的经验与教训,把住房抵押贷款作为我国推行资产证券化的切入点,在此基础上,逐步推开;其次要弄清我国在推行资产证券化的过程中所遇到的制度与市场环境方面的障碍;最后要采取一系列措施,为我国资产证券化的顺利推行提供有力的支撑点。

As one of the financial innovative tools, the adaptation of assets securitiesation has great strategic meanings in our country. First, we should adapt it according to China's own situation, at the same time, we should also learn from the experiences and lessons made by advanced market economic countries in their assets securitiesation. We should take the housing mortgage as the breakthrough point of the assets securitisation, then extend it in a large scale on this basis gradually. Secondly, we should get rid of the obstacles within the system and market environment during the process of pursuing assets securitisation. Finally, we should take a series of measures to provide a favorite environment for smooth implementation of the assets securitiesation in our country.