关于产权市场创新发展路径的实证分析

Demonstrative analysis of property market innovation developm ent route

我国产权市场执着于模仿和转型为证券市场,但多次尝试均未成功,造成这一状况的原因:一是产权市场自身的不足;二是源于现有法律政策的禁止性规定。要继续发展不能仅仅把眼光盯在证券市场,而是立足非标准化产权交易的实际,抓住产权体制改革的机遇,紧盯国际创新的趋势,在资产证券化、产权证券化上进行有益探索。

The property rights market of our country focus on copying and reforming to securities market,but all the attempts failed.The causes of the situation is the combination of its own drawbacks,and the prohibitive regulation in current legal policy.To further develop the property rights market,we should base on the non-standardized transaction and seize the opportunity of property rights reform,following the trend of the international innovation and carrying on helpful exploration about assets and equity securitization.