表内监管导致非信贷融资的崛起和繁荣,衍生了国内金融创新。如何在满足融资需求的同时分散风险?本文认为发展的大方向是资产证券化,通过资产证券化实现风险的分散。 Surveillance on the table has led to the rise and prosperity of non-credit financing, which has given rise to domestic financial innovations. How to disperse the risks while meeting the financing needs? This paper argues that the general direction of development is asset securitization, and the diversification of risks through asset securitization.