论发育资本市场的重要意义许经勇资本市场又称长期资金市场，指经营一年以上的中长期资金借贷和中长期证券的那部分金融市场，包括中长期存贷市场、股票市场和债券市场，后两者合称为证券市场。各国金融市场都经历了从货币市场到资本市场的发展过程。相对于资本市场，货币... On the Significance of Developing Capital Markets Xu Jingyong Capital Markets, also known as long-term capital markets, refers to those long-term financial lending and medium-term and long-term securities that operate for more than a year, including the mid- and long-term deposits and loans, stock markets and bond markets. Both collectively referred to as the stock market. The financial markets of all countries have experienced the development from the money market to the capital market. Relative to the capital market, currency ...