当前中国金融市场发展中的五大误区

Current Five Misleading Views on the Development of Financial Market in China

中国金融市场发展存在着五大误区 :重资本市场而轻货币市场、重股票市场而轻债券市场、重国有股而轻公众股、重二板市场的风险释放而轻风险投资的风险监控、重利率市场化而轻金融资源配置的市场化。这五大误区不突破就不可能推进中国金融健康发展。

Currently there exist five misleading views on financial market development in china: emphasizing capital market despite the existing money market; to stress stock market but neglect debenture market;to overvalue state-owned stock and despise ordinary stock;to pay more attention to risk release of venture capitals than risk control through second board market;to strengthen interest liberalization but neglect market-oriented resource allocation.The smooth financial development in China depends heavily on the correction of those misleading views.