金融资本与实体经济:“脱实向虚”引发的思考

Financial Capital and Real Economy:Reflections on "Off Real to Virtual"

金融资本、实体经济是经济发展的两大重要推动因素。欧债危机使得各个国家开始重新审思金融资本运动和实体产业发展的关系。欧美两大经济体都已宣布实施新一轮的工业化道路,重新确立了发展制造业等实体产业政策。我国在市场化的过程中也出现了金融资本、实体经济越来越不协调的问题,金融资本"脱实向虚"、实体经济"空心化"的现象正在逐步侵蚀我国社会经济的机体,已引起了政府、学术界和社会的广泛关注。文章在审思我国经济现状的基础上,分析了金融资本"脱实向虚"的表现、着重探讨了金融资本对实体经济兴趣锐减的成因,并从评价机制、跟踪警示制度、风险防范、审慎监管等多个角度提出了构建中国金融资本促实体经济发展的设想和建议。

Financial capital and the real economy are two important driving factors for economic development. The European debt crisis makes each country begin to re-examine the relationship between the financial capital movement and the entity industrial development. The two largest economies, Europe and the United States, have announced the implementation of a new round of industrialization and have re-established the industrial policy of developing the manufacturing industry and other entities. The relationship between financial capital and real economy is increasingly uncoordinated in the process of marketization in China： the financial capital is changing from real to virtual and the real economy is hollowed out. All these phenomena are damaging China＇s social economic mechanism, which has drawn great attention fiom the govel-nment, scholars and the society.This paper analyzes the causes of these problems based on a reflection on the current economic situation in China and puts forward assumptions and suggestions on how Chinese financial capital boosts real economy.