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我国发展严重滞后 迄今为止,我国的企业债券市场事实上是处于被压制状态的。1990年之前,企业债券市场的规模小到几乎可以忽略不计,进入了90年代,其融资规模占企业融资总额的比重年平均亦不足1％,这一地位不仅无法与银行贷款、政府债券和股票融资相抗衡,即便是与金融
The development of our country has lagged far So far, China’s corporate bond market is in fact under repression. Before 1990, the size of the corporate bond market was as small as negligible. By the 1990s, the average size of its financing accounted for less than 1% of total corporate financing. This position not only failed to connect with bank loans, government bonds and stocks Financing to compete, even with the financial