对我国利率市场化若干问题的思考

A Few Outstanding Issues about Interest Rate Liberalization in China

利率市场化是市场经济的本质要求,在当前我国经济发展"增速适度、结构优化"的新常态下,对我国完善市场经济体制和深化金融改革有着重大的理论意义和现实意义。目前我国已先后放开了货币市场和债券市场等利率市场化的有关规定(但人民币存款利率未放开),已进入利率市场化的初始阶段。市场基准利率的构建与完善是推进利率市场化的核心问题,存款利率市场化是利率市场化的难点和最终目标,建立存款保险制度是推进利率市场化的核心。

Interest rate liberalization,as the essential requirement of market economy,plays an important role,both theoretically and practically,in improving market economy system and deepening financial reform against the new normal of＂moderate growth and structural improvement＂in the Chinese economic development.China has opened up its money market and bond market,with interest rate liberalization preliminarily in operation covering bonds,domestic foreign currencies,RMB loan rates（excluding RMB deposit rates）.Structuring and improving RMB benchmark interest rates is the core issue in promoting interest rate liberalization.The liberalization of RMB deposit rates is the most difficult task and ultimate goal.The establishment of deposit insurance system is the core issue in promoting the interest rate liberalization.