中国债券市场的现状分析和展望

Analysis on the Current Situation of China's Bond Market and the Prospect

中国债券市场虽然发展迅速,但债券资产在资本市场中发挥的作用依旧很小。风险管理不足、市场体制和金融派生商品不完善、市场价格不完整等问题亟待解决。为了使企业主导经济增长,需要激活公司债券市场,通过股票市场和发行债券来调整资金筹措的环境。同时,还应进一步扩大债券市场的对外开放,提高中国在国际资本市场的地位和影响力。

Though China＇s band market has been developed rapidly, the role bond asset plays in capital market is still very weak. There are still some problems demanding urgent solution, such as the inefficient management of risk, the imperfect market system and financial derivatives, and the incomplete market price. To make the enterprises to lead the economic growth, we should activate the corporate bond market and adjust the environment of financing with the help of stock market and the issuing of bond. At the same time, we should further strengthen the opening up of bond market and improve the position and increase the impact of international capital market.