2005Journal of Zhengzhou Institute of Aeronautical Industry ManagementRequires access

Set up Mul-organized Capital Market in Favor of Developing Economy

XU Heng-fen

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Abstract

Threre are lots of system defect in the scale ,function,structure,rule etc of the capital market.The development of capital market is uncoordinated with the economic development. It is urgent to set up and cultivate mul-level capital market.The major models include the main market; the second board market; the third board market and local capital market.We must expand the service object of capital market ,make amendment and complete the service system of the capital market in order to adapt the finance of the different mid and small medium-sized enterprises.

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Threre are lots of system defect in the scale ,function,structure,rule etc of the capital market.The development of capital market is uncoordinated with the economic development. It is urgent to set up and cultivate mul-level capital market.The major models include the main market; the second board market; the third board market and local capital market.We must expand the service object of capital market ,make amendment and complete the service system of the capital market in order to adapt the finance of the different mid and small medium-sized enterprises.

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Available abstract

Threre are lots of system defect in the scale ,function,structure,rule etc of the capital market.The development of capital market is uncoordinated with the economic development. It is urgent to set up and cultivate mul-level capital market.The major models include the main market; the second board market; the third board market and local capital market.We must expand the service object of capital market ,make amendment and complete the service system of the capital market in order to adapt the finance of the different mid and small medium-sized enterprises.

Key concepts: Factor market, Nonmarket forces, Business, Capital market, Capital (architecture), Order (exchange), Financial capital, Market analysis

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