发挥市场化债转股功能,促进实体经济健康发展

Boosting the Real Economy Through Market-Oriented Debt-to-Equity Swaps

作为供给侧结构性改革的重要抓手,市场化债转股对实体经济"降、稳、扩、促、调"的成效已初步显现。在当前背景下,需保持降杠杆政策导向基本稳定,提升债转股和金融资产投资公司的功能定位,给予债转股稳定持续的政策支持,进一步推动债转股增量、扩面、提质,为助力落实中央各项战略部署方面发挥更加积极有力的作用。

As an important starting point for supply-side structural reforms,market-based debt-to-equity swaps have been shown to be beneficial to the real economy in terms of decreasing leverage and adjusting and stabilizing the real economy.In order to further promote an expansion in the breadth and quality of debt-toequity swaps,it is necessary to maintain the basic stability of the government's deleveraging policy.It is also essential to strengthen the status of investments in debt-to-equity swaps and provide continued policy support for these financial tools.