中国债券市场发展存在的问题与改进建议

The Problems in the Development of China's Bond Market and Advices on Improvement

本文从银行融资和证券融资这两种配置资源的角度出发,通过比较研究美、英、日等国家融资方式在经济发展不同阶段的特点、原因,指出各国融资方式运用的特定条件和世界上目前的发展趋势,最后,针对中国目前债券市场发展存在的问题进行分析,提出发展中国债券市场的相应对策。

This study examines the roles bank and securities financing play in different phases of economic development in economies such as US,UK and Japan.It then identifies the factors which determine the selection of financing across different countries and the current trend in global market.Finally,the paper analyzes the problems in the development of China＇s bond market,and proposes corresponding advices on improving China＇s bond market.