民营企业与中国企业债券市场的发展

文中认为，我国企业债券市场发展落后于股票市场的主要原因在于对发行主体局限于国有企业，发展企业债券券市场的关键在于打破企业经济性质，按照市场条件进行审批，其中特别指出民营企业在目前已具备做为债券发行主体的市场条件，并为完善企业债券市场提出了一些建议。

The Private Firms vs.the Development of Corporate Bonds Market in China

The reason that the corporate bonds market lags behind the stock market lies in the fact that the issuing bodies are only limited to state owned enterprises.The key to developing the corporate bonds market is in going beyond the nature of the ownership of the firms on the one hand and regulating the issued firms based on its marketing quality on the other.The authors argue that the private firms have been qualified for issuing the bonds,and offer some suggestions to improve such bonds market.