利率市场化的实质是由市场取代货币当局成为利率定价的主体。从国际比较、对经济金融的促进作用、经济结构和利率市场化改革的关系等方面来看,中国的利率市场化改革仍是非常成功的。今后应以建立健全由市场供求决定的利率形成机制为总体方向,以完善市场利率体系和利率传导机制为重点,以提高中央银行宏观调控能力为基础,加快推进利率市场化改革进程。 The essence of the marketization of interest rates is that the market will replace the monetary authorities to become the subject of interest rate pricing. From the perspective of international comparison, the promotion of economic and financial functions, the relationship between economic structure and market-based interest rate reform, the market-based interest rate reform in China is still very successful. In the future, we should focus on establishing and improving interest rate formation mechanism determined by supply and demand in the market, focusing on improving the market interest rate system and the interest rate transmission mechanism, and speeding up the process of market-based interest rate reform based on the enhancement of the macro-control ability of the central bank.