Efficiency And Fairness In The Development Of China's Corporate Bonds

The relationship between efficiency and fairness is perhaps the contemporary economists puzzled. In fact, in a market economy, efficiency and fairness are not contradictory. It is not fair to sacrifice some efficiency for fairness.Western society is a fair opportunity to have an important development in principle, it is of great significance for the development of modern society.In the process of building a modern state. foreign attention should also proven to be effective in practice and the development of this important idea. In a market economy, society can be realized through fair competition between market demand and production more closely. The decline of old industries and promote the growth of new industries to achieve the optimal allocation of economic resources. Fair competition is a powerful driving force to promote rapid economic development and effective.This paper tries to inspect the debt on the development of efficiency and fairness. trying to analyze the impact on the effective development of the debt market's healthy, and the available solutions, promote the debt market to fully play its capital allocation function of the market.In view of the debt market, the lack of capital allocation. Chapter II of this paper, a theoretical relationship between efficiency and fairness in order, the efficiency of research and analysis on the definition the efficiency and fairness of the definition of fair market and economic relations and other infrastructure issues.Chapter III of this article reviewed the history of our debt. The function of the debt, the debt of our country for a brief description of the definition. Recalling the development of the debt and came out with the status quo.Chapter IV of this analysis lack of fairness hindered the debt market to realize the functions of allocating resources.In this paper, the fifth chapter on the debt market prospects, and the relevant policy recommendations.