在中国,影子银行大多是在政府的监控之下发展,受到政府的高度关注,因而也就有着较为明显的体制性特征。影子银行与传统银行交错以及缺乏真正意义上的资产证券化过程,致使银行欠缺资产的流动性,风险集中,在我国中小企业融资中起到了一定的影响作用。 In China, shadow banks are mostly under the government’s supervision and development and have drawn great attention from the government and thus have obvious institutional features. The stagnation of shadow banks and traditional banks and the lack of a real asset securitization process have caused banks’ lack of liquidity and risk concentration of assets and played a certain role in the financing of SMEs in China.