我国民间融资资金管理体制:现状与改革

The Management System of Private Financing Funds:Present Situation and Reform

中小企业作为国民经济发展的主体力量之一,融资难一直是这一群体持续发展的制约因素。然而一边是中小企业对资金的大量需求,形成严重的"资金饥饿症",一边是巨额民间资金在寻找投资渠道。本来资金供需主体有着共同的发展目标且功能上又有较强的互补性,但实际经济活动中,资金供需成功率十分低下。虽然政府也出台了一些政策旨在促进供需合作,但收效甚微。作者认为,当前进一步深化民间资金管理体制改革是解决这一问题的根本路径。

As one of the major forces of the national economic development,small and medium-sized enterprises(SMEs) have always been constrained by the difficulty in financing against its sustainable development.In sharp contrast with the fact of SMEs' huge demand of capitals which is diagnosed as 'capital hunger syndrome',huge amount of private funds are looking hard for their access and channel of investment.In theory,the major stake holders of both supply and demand share the common objectives of development and in turns are complementary.However,the success matching of supply and demand is seldom seen in practice.Some policies have been applied by the governments to promote their cooperation yet so far not much progress has been made.The thesis holds that deepening the management reform of private funds is the fundamental means to end.