the economic system of institutional across
Further said that the China economy various major problems solved, all without exception with the Chinese stock market development and standardize the relevant; But China’s stock markets from major institutional innovation and mbt footwear the administrative mechanism to market mechanism of system will no doubt will cause across the whole economic system profound qualitative change. If can through active stock market policy implementation to solve equity division and equity bubble, that will be the main part of the economy in our country – companies complete system of property rights, and profound changes in the social economy would make the most dynamic part of market economy; the first to enter The property right reform completion will drastically reduce the administrative mechanism in the economic operation of the position and function, help in the market competition and comprehensively import competition mechanism, and in essence restore the stock market function and effect; The overall market mechanism will greatly improve market combed the effectiveness of this will greatly improve the centripetal force and radiation stock, and on this basis to improve the listed company resources conformity ability and the whole market resource allocation efficiency. And in this process, the society, market and investors will also get great benefits. According to our research, shrinking strands of full circulation will be divided and equity stake the best way to foam problem, if the holders of MBT USA tradable shares according to the certain period the average price and net assets of non-tradeable shares price parity for shrinkage strands, reoccupy five years or longer, so such partial listing of full circulation market forces will be small. Instead, from the dynamic perspective, shrinking the full circulation of stocks will make the total equity market reduced by 50% or so, their share of after-tax profits of the listed company about 50% higher, the whole market is reduced by 50% or so, these three 50% plus China’s economy has great vitality in China’s stock market is enough to ensure a long bull market, of the formation of the bull market in turn will again for us to solve economic and social contradictions provide opportunities, thus step by step and finish the economic system of institutional across.