在今年的政府工作报告中,国务院总理李克强提出要“深化金融体制改革”、要“加快发展多层次资本市场”。资本市场的发展受到前所未有的支持。老百姓或许不懂经济学,但他们未必不懂经济。他们用朴素的语言描述出了这波“发股票拉经济”大牛市背后的逻辑:中国经济的金融市场制度正在发生着重大的转变,正在由间接融资为主的金融市场转化为由直接融资为主的金融市场。资本与经济增长经济学上对于金融市场的发展对经 In this year’s government work report, Li Keqiang, premier of the State Council, proposed to “deepen the reform of the financial system” and “speed up the development of a multi-level capital market.” The development of capital markets has received unprecedented support. People may not understand economics, but they may not understand the economy. They described in simple language the logic behind the “bullish stock market economy.” The bull market behind China’s economy is undergoing a major shift in the financial market, which is being dominated by indirect financing, Financing-based financial markets. Capital and economic growth Economics for the development of financial markets