论文部分内容阅读
目前,投资融资体制改革成为解决诸多矛盾的重要环节.虽然政府和各界对消费的重视不断提升,但在较长一段时期内.投资仍然是中国经济增长的核心动力。然而,现有的投融资格局有着许多内在弊端,例如:存在融资结构扭曲;资金筹集与运用之间有明显的期限错配风险;存在各种潜在流动性风险。从融资的角度来看,归根结底,诸多问题的根源在于,我国还缺乏有效的,可持续的中长期资本供给机制。
At present, the reform of the investment and financing system has become an important part of resolving many contradictions.Although the government and all walks of life are paying more attention to consumption, investment remains the core driving force of China’s economic growth for a long period of time. However, the existing investment and financing pattern has many inherent disadvantages. For example, there is a distortion of the financing structure. There is a clear risk of maturity mismatch between fund-raising and application. There are various potential liquidity risks. From the financing point of view, in the final analysis, the root of many problems lies in our country still lacks effective and sustainable long-term capital supply mechanism.