一、中德合作建设中国产权交易市场体系项目的情况中德合作建设中国产权交易市场体系项目是中国产权界首次获得的外国政府援助项目,也是一个资本市场的创新建设项目。在中国,产权交易机构是国有企业改制重组和并购的最重要平台。该项目的目标是建立一个公正透明的市场机制、一个良好的市场结构和发达的中介及投资者市场。通过产权交易机构的辐射作用带动中国资本市场在为中小企业提供融资便利、为机构投资者提供更多的机会、带动非公经济发展等方面取 I. Sino-German cooperation in building China’s property rights exchange market system project Sino-German cooperation in building China’s property rights exchange market system project is the first time China’s property rights sector received foreign aid projects, but also a capital market innovation and construction projects. In China, property rights trading institutions are the most important platform for restructuring, mergers and acquisitions of state-owned enterprises. The objective of the project is to establish a fair and transparent market mechanism, a sound market structure and a well-developed intermediary and investor market. Through the radiation effects of property rights exchange agencies, China’s capital market will provide more convenient financing for SMEs, provide more opportunities for institutional investors and promote the development of non-public economy