1984年起,上海开始发行各类有价证券,经过近9年的努力,上海证券市场从无到有,从小到大,在市场规模、软硬设施、运作机制及市场辐射力方面迈出了有力的步伐.上海证券市场发育进程中,积累了值得全国其他地区借鉴的经验和教训,对全国证券市场成长发育及经济建设具有积极作用. Since 1984, Shanghai has started to issue various types of securities. After nearly 9 years of hard work, the Shanghai securities market has grown from nothing to small and large, taking the market size, hardware and software facilities, operating mechanism and market power into consideration Strong steps in Shanghai stock market development process, the accumulation of other parts of the country worth learning from the experience and lessons learned, the development of the national stock market and economic development have a positive effect.