关于中国金融风险防范与控制重大理论问题的研究

Several Important Theoretical Issues on China's Financial Risk Prevention and Control

防范与控制当前中国金融市场风险,并非仅仅用一些简单指标测算就能解决,而要从风险产生的根源及本质入手。信用过度扩张是金融风险及金融危机的根源。2008年美国金融危机后,中国进入信用过度扩张高涨期,成为当前中国金融风险的根源。中国信用过度扩张的载体是暴利的房地产市场。所以,防范与控制中国金融市场风险,就要全面地去金融杠杆,挤出房地产泡沫,从而降低中国金融危机爆发的概率,并把防控当前金融风险可能造成的损失降低到最小程度。

To prevent and control the current risk of China's financial markets, we can't measure it totally with a few simple indicators, but must understand that China's financial market credit over-expansion for over a decade is the root of the various risks considering the root causes and nature of risk. After the2008 US Financial Crisis, China gets into an excessive expansion of credit period critically because a profiteering real estate market exists. Credit over-expansion pushed the real estate market prices to the ceiling,while the bubble takes the risk of bursting at any time. Only a comprehensive deleveraging and the real estate bubble breaking can reduce the risk of China's financial crisis and the possible losses to a minimum.