中国资本市场的10年发展历程,给人们留下了诸多值得深入思考的问题。其中,一个最基本的问题就是,在中国,资本市场的使命是什么?毫无疑问,资本市场具有融资功能和重新配置资源的功能,属于金融市场的一部分。但在当今中国,仅仅从这样一个角度来认识资本市场的功能和使命,是远远不够的,还应当从现实经济体制和经济增长方式“两个转变”、推进经济的可持续发展、提高国际竞争力和保障经济等深层次上把握资本市场发展所具有的根本性意义。中国资本市场从双重体制并存的环境中起步。计划经济是一种以政 The 10-year history of China’s capital market has left many issues worth pondering over. One of the most basic questions is, what is the mission of the capital market in China? There is no doubt that the capital market has the function of financing and re-allocation of resources, and is part of the financial market. However, in today’s China, it is far from enough to recognize the functions and missions of the capital market from such a perspective. We should also push forward the “two changes” in the real economic system and economic growth mode so as to promote the sustainable economic development and enhance the international Competitiveness and economic protection and other deep-seated capital market development has the fundamental significance. China’s capital market started with the dual system of coexistence. Planned economy is a policy of governance