在“计划惯性”和“市场尚未高度成熟”的双向挤压下,我们的市场化改革之路究竟该怎样走,我们的市场究竟需要怎样的市场化?中国资本市场要尊重市场,既要讲效率,也要讲公平。近一段时间,国有股减持、增发及银行清理违规资金入市等问题引起了证券市场的强烈反应和大幅震动。中国资本市场的市场化方向是毋庸置疑的,市 Under the two-way squeeze of “Plan Inertia ” and “The market is not yet highly mature ”, what exactly should our market reform take? What kind of market should our market need? The Chinese capital market should respect the market , We should not only talk about efficiency but also fairness. Recently, issues such as the reduction of state-owned shares, issuance of additional shares and the liquidation of banks by banks to liquidate illegal funds caused a sharp reaction and a sharp shake in the stock market. The market direction of China’s capital market is undoubtedly the city