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企业部门是我国国内唯一的净支出部门,而居民、政府、金融机构部门均为收支净盈余部门,这种收支结构的扭曲是企业部门债务水平不断上升的根本原因之一目前,我国非金融企业(以下简称“企业”)的高杠杆率已引起各方面的广泛关注,但较少有人注意到,企业部门是我国国内唯一的净支出部门,而居民、政府、金融机构部门均为收支净盈余部门。这种收支结构的扭曲,是导致企业部门债务水平不断上升的根本原因之一。在稳增长背景下,企业
The enterprise sector is the only sector of net expenditure in our country, while the residents, governments and financial institutions are all net surplus and expense departments. The distortion of this revenue and expenditure structure is one of the fundamental reasons why the debt level of the enterprise sector is constantly rising. At present, The high leverage of financial enterprises (hereinafter referred to as “enterprises ”) has drawn wide attention in various fields. However, few people noticed that the corporate sector is the only department of net expenditure in China, and the residents, governments and financial institutions all have For the net income and expenditure department. This distortion of revenue and expenditure structure is one of the root causes of the rising debt level in the corporate sector. In the context of steady growth, business