中国金融发展中的结构问题分析

The Analysis of Structural Problem in China's Financial Development

金融结构是金融发展状况的具体体现 ,它在一定程度上反映着金融与经济发展的层次和经济金融化的深度 ,亦反映着经济金融化进程中的虚拟程度和风险程度。研究金融发展的客观规律 ,金融结构分析是极为重要的方面。金融结构的分析基础为社会金融总资产 ,分析指标体现为一系列开放式的指标体系 ,其中每一项指标都反映不同的内容。改革以来 ,随着体制转轨和金融总量的快速增长 ,中国的金融结构发生了很大变化 ,但在金融产业结构、市场结构、融资结构等方面仍然不够理想。为提高中国金融发展的层次和效率。下一阶段金融改革应特别关注以下几个方面 :①加快资本市场特别是企业债券市场的发展 ,提高直接融资的比重 ;②发展多元化金融机构体系 ,有效推动国有商业银行的改革 ;③建立风险投资机制 ,促进经济结构的调整和改善 ;④提高金融资产增长的质量 ,抑制 (防止 )金融发展中过度虚拟化的倾向。

The financial structure embodies the situation of financial development. To some extent, it not only reflects the levels of financial and economic development and the depth of economy financialization. So it is very important to conduct researches on the objective laws of financial development and analyze the financial structure. Financial structure analysis must be based on the total social financial assets. The analyzing indexes are a series of open index systems of which every index reflects a different content. Since the reform, with the transforming of our system and the growth of our total volume of finance, the financial structure in china has been greatly changed. But the financial industrial structure, market structure and financing structure do not meet our expectations. In order to raise the level and efficiency of financial development in China, the financial reform at the next stage should pay particular attention to the following areas: 1. Fasten the development of capital market, especially the development of enterprise bonds market to raise the ratio of direct financing. 2. Develop the diversified financial institution system and effectively impel the reform of state-owned commercial banks. 3. Establish the capital venture system and promote the readjustment and improvement of economic structure. 4. Improve the quality of financial assets and prevent the tendency of over-virtualization during the process of financial development.