摘要
本文分析改革开放后中国融资结构的变化,经济生态下融资供求的双方特征,以及新常态下最优融资结构的变动趋势和动因,认为融资结构要适应新常态下经济生态的变化,中国长期以间接融资为主的市场格局目前已经到了需要重点发展直接融资市场的时期。为此,有关部门应该加强市场制度建设,商业银行应适应融资结构的转变,通过转型实现经营战略转变。
This paper presents an analysis of the changes in Chinese financing structure, the characteristics of supply and demand in economic ecology, and the trends and factors of the changes in the optimal financing structure in the new normal. The authors of the paper argue that the financing structure needs to correspond to the changes in the economic ecology in the new normal, and the Chinese financing markets mainly-based on indirect financing come to a point that the development of direct financing markets need to be focused on. Therefore, the relevant authorities should strengthen the construction of market systems, the commercial banks should adapt to the changes in financing structure and promote the changes in operation strategy by restructuring.
出处
《金融论坛》
CSSCI
北大核心
2016年第10期3-12,71,共11页
Finance Forum
关键词
融资结构
经济生态
资本市场
间接融资
直接融资
financing structure
economic ecology
capital market
indirect financing
direct financing