投融资改革之所以成为经济体制改革中最为滞后的一部分,不仅仅是因为受到国资国企延误改革的拖累,而且还因为它既秉承了传统计划经济最核心的内容(即政府配置资源),又在渐进改革过程中衍生出许多与市场经济不相容的“特色”。 反映出来的明显症候有:为国企增加待破产成员,为银行增加待处理坏账;国有企业缺乏持续投资的能力;民 The reason why the reform of investment and financing has become the most lagging part of the reform of the economic system is not only due to the delay in the reform of state-owned assets by state-owned enterprises, but also because it inherits the core contents of the traditional planned economy (that is, the government allocates resources) In the process of gradual reform, many “specialties” that are incompatible with the market economy are derived. The obvious symptoms that are reflected are: adding bankruptcy members to state-owned enterprises, increasing non-performing loans to be handled by banks; lack of continuous investment capability of state-owned enterprises;