当前我国金融业处在一个重要的转折期和发展期。加入世界贸易组织金融过渡期的结束,使我国资本市场既面临机遇又面临挑战。挑战之一就是我国资本市场亟待平衡协调发展。一般来说,资本市场由金融机构长期资金市场、股票市场、债券市场和投资基金市场组成。这些年我国股票市场发展迅速。相比之下,债券市场发 At present, China’s financial industry is in an important turning point and development period. After the accession to the World Trade Organization, the end of the financial transition period will make our capital market face both opportunities and challenges. One of the challenges is that China’s capital market needs balanced and coordinated development. In general, capital markets consist of long-term financial markets, stock markets, bond markets and investment fund markets. In recent years, the stock market in our country has developed rapidly. In contrast, the bond market