连续多年经济增长独步天下,中国股市表现却“熊冠全球”:从2001年至2011年,中国GDP从9.5万亿元增长到40多万亿元,然而A股沪综指竟是零涨幅;长期的经济增长与长期的股票回报率脱节,市场投资者丝毫没有分享到经济增长的成果。目前,在中国人数占绝对优势的公众投资者是没有话语权的,他们的声音很难进入决策者的耳朵,他们的利益长期被掠夺却无人理睬。 For many years, its economic growth has been unique in the world. However, the performance of China’s stock market has been “Bear Global”: From 2001 to 2011, China’s GDP increased from 9.5 trillion yuan to over 40 trillion yuan, while the A-share Shanghai Composite Index actually gained zero gains. Long-term economic growth is out of line with the long-term return on equity, and market investors have in no way shared the fruits of economic growth. At present, there is no right for public investors in China to dominate. Their voices hardly have access to the ears of decision makers, and their interests have long been looted but neglected.