加快完善证券市场 疏通银行流动性过剩

On Restraining the Excessive Monetary Circulation in Banks by Speeding up the Perfection of Securities Market

2006年以来,在全球资本过剩的大背景下,中央银行为了能够有效抑制流动性的过快增加,采取了系列政策工具,但收效并不显著,针对我国的融资现状和流动性过剩的成因,提出在继续采取组合货币政策工具的同时,应通过进一步发展证券市场来疏通流动性过剩。

Under the backdrop of global capital surplus since 2006, the People＇s Bank of China （PBC） took a series of policy instruments to effectively control the excessively fast increase of monetary circulation. The expected goal, however, has not been reached. With regard to the causes that lead to the present status of financing and surplus of money in circulation, this thesis points out that the PBC should shoot the problem by integrative means in addition to the mixed monetary policy instruments which should be used continuously, especially by restraining the excessive circulating currency through further perfecting securities market.