论金融供给侧改革的思路与对策

An Analysis of the Path and Policy of Financial Supply-Side Reform

金融作为现代经济运行的核心,理应充分发挥对实体经济的支撑作用。但在现实中,中国金融供给存在总量与结构方面的双重问题:货币宽松而资金紧张,低效供给过多而有效供给不足。金融供给未能充分满足实体经济有效需求,金融资源存在"脱实向虚"、"体内循环"现象。政府管理部门应立足于金融供给现存问题,从实际出发分析供需失衡的成因,引出金融供给侧改革思路,从金融环境、市场以及金融结构的角度提出经济新常态下金融供给侧改革的对策建议。

Finance is the core of modern economy and should play a full role to support the real economy. But in reality, there are dual problems in China＇s financial supply volume and structure that the monetary policy is loose but money supply is tight, and the inefficient monetary supply is excessive but efficient monetary supply is short. The financial supply fails to meet the financial needs of the real economy sufficiently, and the financial resources are ＂off the real to the virtual＂ and ＂circulate in financial system＂. The government departments should pay attention to the existing problems in financial supply, analyze the cause of imbalance between supply and demand in reality, form the path of financial supplyside reform, and put forward suggestions for the financial supply-side reform in the new normal from the perspective of financial environment, market and financial structure.