一、为公有股顺利流通创造良好的市场条件我国企业的股份制改革是一项艰巨的系统工程,而公有股的流通问题是其难点之一。要解决此难题除了确定应采取的流通模式外,最重要的是如何为公有股的顺利流通创造有利的市场条件。我国股市管理层迟迟不推出公有股流通方案,主要是担心此举会导致股市的供求失衡,因此,我们应当 I. Creating Good Market Conditions for the Smooth Circulation of Public Shares The joint-stock reform of Chinese enterprises is a formidable systematic project. The circulation of public shares is one of the difficulties. To solve this problem, in addition to determining the mode of circulation to be adopted, what is most important is how to create favorable market conditions for the smooth circulation of public shares. China’s stock market management delays in the introduction of public shares circulation program, mainly due to concerns that this will lead to an imbalance in supply and demand in the stock market, therefore, we should