从广义资产证券化视角透视互联网金融

作为信息技术与传统金融结合的新兴业态，互联网金融以其快速发展、潜在风险和对传统金融业的冲击备受社会各界关注。互联网金融不是简单的“互联网+金融”，而是在互联网时代金融市场的重构和广义资产证券化过程，它重新定义了货币资本这一生产要素的配置方式，深刻地改变着社会的生产组织方式和经济运行模式，将促使现实经济不断向无摩擦一般均衡市场状态演化。因此，不仅要关注互联网金融运营机构自身的风险情况，而且要着眼于互联网金融市场的长远发展，建立有利于维护市场公平公正、促进市场主体交易活动效率提升的制度体系，鼓励有利于完善市场机制的互联网金融创新，建立基于市场功能的监管制度，并完善信息披露和交易规则。

Research on Internet Finance from the Perspective of Generalized Asset Securitization

As integration of ICT (information and communication technology) and traditional finance, the internet finance industry has undergone rapid growth with more and more attention paid by government and business for its potential risk and challenge to traditional financial industry. The internet finance is not simple internet+finance but is the process of the reconstruction of financial market and generalized asset securitization at internet era. The internet finance redefines the relocation method of monetary capital, a production factor, deeply changes social production organization method and economic operation mode and boosts the evolution from present economy to general equilibrium market state without friction. Therefore, we should not only concern about the self risk of internet business agencies but also pay attention to long-term development of internet finance market, set up the institutional system for maintaining the market fairness and justice and for improving the efficiency of the transaction activity of the main body of the market, encourage internet finance innovation helpful to perfect market mechanism, establish the supervision system based on market function and perfect information disclosure and transaction regulations.