经过改革开放以来,尤其是20世纪80年代中期以来的探索发展,我国比较规范、集中化的股票发行交易市场和一定规模的债券发行市场初步形成,创业资本等股权资本市场开始起步,资本市场体系的基本框架正在形成之中。然而,从我国经济快速发展的客观需求和国际资本市场发展的基本趋势来 After the reform and opening up, especially since the exploration and development since the mid-1980s, China’s relatively standardized and centralized stock issuance trading market and a certain size bond issuance market have taken initial shape. Equity capital markets such as venture capital have started to take off. The capital market system The basic framework is under way. However, from the objective demand of our country’s rapid economic development and the basic trend of the international capital market