中国票据市场四十周年回顾与展望

Review and Outlook of China Bill Market on 40th Anniversary

我国票据市场起步于1979年。四十年以来,我国票据市场规模迅速扩大,票据业务功能不断完善,市场主体更趋多元化,制度与法规建设逐步完善,票据风险得到有效控制,票据利率市场化水平不断提高,创新产品不断涌现。其经验是:改革开放是市场发展基础,票据本源功能的发挥是关键,票据法律法规的推出是前提,服务实体经济是重点,票据创新是主题,风险防范是根本。票据市场未来发展方向是:坚持服务实体经济、做好市场发展规划、完善法规和监管协调机制、完善票据市场体系、大力发展票据产品链、产业链、供应链等综合性业务,加强票据市场数据信息服务,建设高质量票据市场,建设高素质智库及人才队伍。

China bill market began in 1979. During 40 years, with the scale of bill market in China developing fast, business function and law and regulation has been gradually improved with more market anticipators. Risks are under control, and the level of interest rate marketization is increased and more products have been innovated in the market. The successful experiences include that reform and open is the basis for market development, the full play of original bill function is the key, law and regulation is the premise, the service for real economy is the emphasis, bill innovation is the main theme and risk prevention is the essence. The future development tendency for bill market includes that the bill market should insist on serving real economy, make market development plan, improve law and supervision cooperation mechanism and market system, develop comprehensive business such as bill product chain, industry chain and supply chain, enhance data information service, construct high quality bill market and construct high quality think tank and talent team.