The Correction Of Defect Of China's Stock Market System

In the past 10 years, the stock market of our country has broken through the system fence of planned times with ideology tie and developed step by step since childhood, the concept of bond economy has gone deep into popular feeling. It is also the indubitable fact that developing stock market is important to the development of socialist market economy. But,since the unique condition of our country's economy from rail period and our inurnment of stock operation condition, the stock market of our country has the defect on many systems since initial stage. These defects restrict the healthy development of the stock market of our country, and have the possibility of breaking out crisis at any time in the future. This paper aims at through studying the comparison of domestic and international stock market system, analyzing the system defect of Chinese stock market, making clear the raw defect of Chinese stock market and the outside raw defect caused by external reason, and establishing the stock market system that accords with Chinese national conditions. This will be helpful to realize the better role that stock market plays in resource disposition, reduces market systematic risk, reduces capital operation cost, and promotes socioeconomic coordinative development, eventually, realize the maximum of the social welfare and resource disposition.The first chapter in this paper mainly researches the source of the china's stock market system defect through summing up in historical angle. The second chapter attempts to seek the difference of speciously operating system between Chinese and Western stock market, in order to offer beneficial help on system design for Chinese stock market. The third chapter mainly research consequence and cause of Chinese current stock market system design. The chapter fourth precedes the policy suggestion according the exposition forward.