随着资本市场的逐步发展和完善、我国商业银行独立性的增强、利率市场化的推进,我国信贷渠道的货币政策传导效应会逐渐弱化。从长期来看,货币政策应积极拓展其他货币传导渠道,但目前我国货币政策仍以信贷渠道传导为主,疏通信贷渠道是保证货币政策有效的关键。 With the gradual development and improvement of the capital market, the independence of commercial banks in our country is enhanced and the marketization of interest rates is promoted. The transmission effect of monetary policy in our credit channels will be gradually weakened. In the long run, monetary policy should actively expand other channels of monetary transmission. However, at present, monetary policy in our country is still dominated by credit channels. Clearing up credit channels is the key to ensuring effective monetary policy.