产权是所有制的核心,也是金融交易的源头。我国产权市场经过近28年的探索与发展,已经成为我国国有企业改革发展过程中非标产股权交易的重要资本市场组成部分。随着国有企业改革的深化、金融混业的发展、互联网金融的崛起,产权市场面临着对未来发展之路的抉择。1产权市场实质是国有企业改革衍生的资本市场自1988年5月在武汉设立第一家交易机构起,产权市场迄今近28年的历史,基本上是伴随着国有企业产权制度改革与国有产权流转发展起来的。尤其是2003年国务院国资 Property rights are the core of ownership and the source of financial transactions. After nearly 28 years of exploration and development, China’s property market has become an important capital market component of non-standard-product equity transactions in the process of the reform and development of China’s state-owned enterprises. With the deepening of the reform of state-owned enterprises, the development of financial hybrids and the rise of Internet finance, property rights markets are faced with a choice of the road to future development. 1 The property market is essentially a capital market derived from the reform of state-owned enterprises Since the establishment of the first trading institution in Wuhan in May 1988, the history of the property rights market for nearly 28 years has basically been accompanied by the reform of the property rights system of state-owned enterprises and the circulation of state-owned property rights Developed Especially in 2003 State-owned Assets