建设多层次的大宗商品市场体系事关经济转型的平稳开展。本文从建设这样一个市场体系的意义入手,分析了构建多层次大宗商品市场的理论框架和目标,最后为我国多层次商品市场的发展描绘出一幅绚丽蓝图。当前,我国大宗商品市场按层次大致可以划分为期货(场内)市场、现货市场以及近年来迅速成长起来的场外衍生品市场,即地方商品交易所和一些金融机构所从事的商品衍生品业务。虽然,这 Building a multi-level commodity market system is critical for the smooth implementation of economic restructuring. Starting from the significance of building such a market system, this article analyzes the theoretical framework and goals of building a multi-level commodity market and finally depicts a brilliant blueprint for the development of China’s multi-level commodity market. At present, China’s commodity markets can be roughly divided into three categories according to different levels: the futures market, the spot market and the rapidly growing OTC derivatives market in recent years, namely, the commodity derivatives business conducted by local commodity exchanges and some financial institutions . Although, this