资本市场要创新更要监管

1990年岁末,中华人民共和国先后在沪深两地开办了上海证券交易所和深圳证券交易所。从此,中国大陆资本市场经历了从无到有、从＂摸着石头过河＂到交易监管体制不断完善的20年风雨历程。今天,中国沪深两市总市值已位列世界资本市场第二,并伴随着中国经济的高速发展越来越受到全球资本的瞩目。20年,在数千年中国历史的长河中,非常短暂,但是,中国改革开放的30载历史中,这20年的股市发展进程,却深刻影响了中国经济,影响了许多中国人的财富观,同时,也将成为促进未来国民经济结构调整和实现增长方式转换的重要资本力量。但是,比之国际老牌资本市场,中国大陆的资本市场尚有很多与经济发展速度不匹配的问题亟待完善。为此,《国际融资》杂志记者专程采访了原中国证监会主席周道炯

Capital market needs innovation and even more supervision

Shanghai Stock Exchange and Shenzhen Stock Exchange was set up in the end of 1990 which means the beginning of capital market in China mainland. After 20-years development, the whole scale of Shanghai Stock market and Shenzhen Stock market has become the second largest in the world. 20 years maybe is just a moment in the long river of history, but the 20-years develop- ment of China’s capital market has deeply influenced China’s economic growth and Chinese view of wealth. At present, capital market has become a key factor to promote China’s economic structure adjustment and growth method transportation. However, compared with the international mature market, there is still many problems in our capital market. To know more about this, our reporter interviewed Zhou Daojiong, the Former Chairman of the China Securities Regulatory Commission.