资产证券化创新及其在我国的应用

The Innovation of Asset Securitization and Its Application in China

资产证券化作为 30多年来最重要的一种金融创新 ,因其构思精妙、功能独特而在金融市场中显示出巨大的发展优势。我国在逐步融入全球经济一体化的过程中 ,能否引入这一创新 ,以及如何引入 ,已成为人们日益关注的热点问题。本文从界定资产证券化的内涵着手 ,介绍了资产证券化的发展趋势 ,分析了我国引入资产证券化创新的客观必然性 ,然后结合我国实际 ,探讨了我国推行资产证券化的几种经营模式。

As the most important financial innovation in the past 30 years, asset securitization is showing great advantage in development because of its ingenious idea and unique function. It has been becoming a hot focused topic whether or not to introduce it into China and how to introduce it into China. Taking defining asset securitization as its starting point, this essay introduces the developing tendency of asset securitization, analyzes the objective necessity of introducing the innovation of asset securitization into China and finally based on the reality in China suggests several patterns of applying asset securitization.