我国股市生态缺陷的表现及其恶化原因

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(一)因保护不力,我国股市生态严重恶化。1.宏观经济一路走好,但股市却长期低迷。自2002年开始,我国经济步入了一个新的景气周期,2004年GDP增长率更高达9.5%,然而,股市非但没有成为国民经济向好的晴雨表,反而与国民经济走向背道而驰。如2005年8月底的上证指数仅收于1160点,与200 (I) Due to poor protection, the ecological environment of our country’s stock market has deteriorated drastically. 1. Macroeconomy goes well, but the stock market has been downturn for a long time. Since 2002, China’s economy has entered a new economic cycle. In 2004, the GDP growth rate was as high as 9.5%. However, instead of becoming a good barometer of the national economy, the stock market runs counter to the trend of the national economy. As of the end of August 2005 the Shanghai Composite Index closed at only 1160 points, with 200
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