“股市的全流通不实现,建立流转顺畅的产权制度就是一句空话”。清华大学教授、经济学家魏杰在《经济参考报》上撰文指出,现代产权制度的特点之一就是可交易性,资本市场就是产权的交易市场,这首先就要求股市上的股权具有可流通性,目前的症结其实是一个全流通成本由谁承担及利益平衡的问题。他认为,从不流通到流通的成本不能由流通股的股民来承担,国家应承担一部分。决策者可以从利益协调的角度考虑, “The full circulation of the stock market is not realized, the establishment of a smooth system of property rights is an empty talk ”. Wei Jie, an economist at Tsinghua University and an author in the “Economic Information Daily,” said in an article that one of the characteristics of the modern property rights system is that it can be traded. The capital market is the market for property rights. This firstly requires the stock market to be tradable The crux of the matter is actually the issue of who should bear the full circulation cost and how to balance the interests. He believes that from no circulation to the cost of circulation can not be borne by the shareholders of tradable shares, the state should assume part. Policymakers can consider the interests of the coordination point of view,