关于资金导入实体经济的渠道研究

Research on Channels of Funds into the Real Economy

随着中国经济发展进入新常态,实体经济将进入中低速的增长,增长动力略显不足,其重要原因在于在社会资金结构中流入实体经济发展的流动性严重不足,这与中国长期以来片面追求高增长密切相关,没有构建出适应市场经济特点支持实体经济发展的资金引导机制。通过利率市场化改革、金融结构与经济结构匹配、实现经济创新驱动、强调经济发展质量、增强货币政策有效性等对策形成流动性"滴灌式"渠道,从而实现流动性对实体经济的"吸引型"支持模式,力促流动性投入与实体经济发展形成良性循环。

China＇s economic development has entered a new normal and the real economy will be in a slow growth. The reason of slightly growth momentum is that a serious shortage of the inflow of funds in real economic development in the social capital structure. The main reason is related in pursuit of high grow unilaterally without financial guiding system of economic development adapted to the characteristics of the market economy. Therefore, reform interest market, match fi- nancial and economical structure, realize innovation-driven, emphasize the quality of economic development, strengthen the effective of monetary policy in order to form ＂drip-style＂ liquidity and engaging support model . let the real economy return to value investing to achieve the development of a virtuous circle.