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我国证券市场是改革的产物,亦随着改革开放的深入而逐步成长,特别是1992年小平同志南巡讲话以后,证券市场发展迅速,取得了令人瞩目的成就,成为我国改革开放进程中最具活力和最引人注目的领域。十几年来,我国证券市场从无到有,从小到大,规模逐年扩大,试点工作从上海、深圳扩展到全国,已形成了以沪、深两交易所为中心的全国证券交易市场体系。从1981年到1995年底:——累计发行各类债券7800亿元,其中国债4000多亿元;——累计发行股票116亿元,筹资近400亿元,上市公司总市值4100多亿元;——发行B股69只,筹资35亿美元;
As China’s stock market is a product of reform, it has also gradually grown with the deepening of reform and opening up. Especially after Comrade Xiaoping Speeched the southern tour in 1992, the stock market has witnessed rapid development with remarkable achievements. It has become the most important part of China’s reform and opening up process Vibrant and most attractive area. Over the past decade or so, the securities market in our country has grown from scratch, from small to large, and has been expanding in size every year. The pilot work has been extended from Shanghai and Shenzhen to the whole country and a national securities exchange market system centered on Shanghai and Shenzhen exchanges has been formed. From 1981 to the end of 1995: - a total of 780 billion yuan of various types of bonds were issued, of which over 400 billion yuan of bonds were issued; 11.6 billion yuan of shares were issued in total, nearly 40 billion yuan of funds were raised, and the total market capitalization of listed companies was over 410 billion yuan; - Issue 69 B shares and raise 3.5 billion U.S. dollars;