紧紧抓住产权市场与私募股权资本市场有效结合部位,研究和探索产权交易机构“转型”的发展节奏和工作部署众所周知,完整的资本市场应当是多层次的,因为市场运行主体的差异性、对融资需求的多样性要求市场层次与之相适应。但是,由于受到我国政治体制和经济体制改革进程影响,我国资本市场长期处于结构不合理、层次较少的状态。其中一个重要原因就是直接融资比重太低。在资本市场融资比重方面,我国资本市场与欧洲和日本等国家相似,都是以银行贷款的间接融资为主。所以,直接融资比重 Firmly seize the effective combination of property market and private equity capital market, research and explore the development pace and work deployment of property rights trading institution “transformation ” As we all know, a complete capital market should be multi-level, because the main difference in market operation The diversity of the financing needs requires that the market level be adapted to it. However, due to the influence of the political system and the reform of the economic system in our country, the capital market in our country has been in a state of unreasonable structure and relatively low levels for a long time. One of the important reasons is that the proportion of direct financing is too low. As for the proportion of financing in the capital market, the capital markets in China are similar to those in Europe and Japan with the indirect financing of bank loans. Therefore, the proportion of direct financing