The Consulmmation And Development Of Our National Securities Market Administration

Securities market is becoming the central part of modern market economical system because of its important functions such as fund raising,asset recombination, resource deployment and macro-control,etc.How to strengthen and improve the securities market administration,and how to improve the securities market security and efficiency are becoming a world-wide problem in all national governments, financial and securities circle.In our country,the development of securities market has also undertaken the responsibility for transforming national enterprise management mechanism,establishing modern enterprise system and promoting our national industrial structure to a high-grade.Through more than ten years efforts, especially the thorough exploration since the two securities exchanges were set up, our national securities market has become larger in scale and more concentrated.lt has developed from region to all over the country,from manual operation to the adoption of modern technology. So our securities market has developed greatly in extension and intension,and has been in the primary stage of development after getting through an pilot stage.Therefore,as for our national securities market,what are the key points about the securities market administration in the next stage?How should we improve and develop the securities market administration?These problems are just discussed and solved in this article.This article include four parts:The first chapter is to explore the internal meaning of securities market and its administration, its special character and the content of its administration in contrast to the general commedity market.Also this chapter expoud the necessity ofsecurities market administration in the two aspects including incomplete competence and high risk.At last,the important practical significance and the basic principle which must be abide by are demonstrated.The second chapter sums up the experience and lessons about securities market administration in developed country and shows the inspiration we should get from those experience and lessons,beginning with the importantce of studying and using in reference to the experience in securities market administration in western country.The third chapter retrospects the major success in all development stage of our national securities market administration.Then it is shown that the major problem in the present situation about our national securities market administration in contrast to the western full-developed securities market and the objective requirement of our national securities market development.The fourth chapter explores the ten key points to consulmmate and develope our national securities market administration under the guidance of eight-word guideline about the development of our national securities market,according to the summary of experience about securities market administration in developed country and inspiration shown us before,and the analysis of the current situationand problem in our national securities market administration.