改革开放以来,我国利用外资的成就举世瞩目,许多不容忽视的问题也同时相伴而来。内外资双“溢出”现象就是其中之一。所谓的内资、外资双“溢出”现象是指国内储蓄大于国内投资所产生的“存差”与外资大量流入及外汇储备剧增并存。从深层次分析,内外资双“溢出”是由于体制转型时期制度不健全引起的各种利益错位所致,因此要消除双“溢出”现象必须从制度建设着手,通过制度创新理顺各种关系。 Since the reform and opening up, the achievements made by China in using foreign investment have attracted worldwide attention and many problems that can not be ignored have also come along with it. One of the two “overflow” phenomenon inside and outside the country. The so-called domestic-funded and foreign-funded double-digit “spillovers” phenomenon means that the “deposit difference” generated by domestic savings over domestic investment coexists with the influx of large amounts of foreign funds and the drastic increase in foreign exchange reserves. From an in-depth analysis, due to the dislocation of various interests caused by the imperfect system in the period of institutional transformation, it is necessary to eliminate the phenomenon of double “overflow” from the institution-building and through institutional innovation Shun various relations.