The Study On The Development Of Hebei Property Rights Transaction Market

Property rights transaction market, as the important supplement of the capital market, plays a positive role in promoting the state-owned enterprise restructuring, increasing the activity of the market economy, and solving the financing difficulties of small and medium-sized enterprises. Since China’s property rights transaction market appeared, the property rights transaction market in Hebei province has been kept up with the pace, and achieved good development. But compared with Beijing, Tianjin, and other economic developed areas’ property rights transaction market, it had a certain gap. In the current national strategy under the background of the integration of the Beijing-Tianjin-Hebei region, we should re-examine the development situation, and study its future development direction and path, which has high theoretical significance and practical value.Firstly, this paper took the property rights trading center of Hebei province as the main body, and to be compared with the surrounding provinces and cities from the transaction size and structure of the property rights, which shows that there are still large gaps. Then, the paper pointed out that there are four problems with the property rights trading center of Hebei province: market positioning is not clear, the pricing mechanism is not standard, the low degree of market development, and the regulatory system is not sound. The paper also provided solutions by summarizing the nature of clear and function orientation, innovating pricing and trading patterns, enriching products and supporting system, completing the supervision and disclosure system, to strengthening the construction of organization and talents. Finally, the paper put forward a future blueprint about the property rights transaction market of Hebei province.In detail, Hebei province should strengthen the development of an unified property rights transaction market to raise operation efficiency and service level. Besides, it should seize the strategic opportunity of the integration of the Beijing-Tianjin-Hebei region to accelerate the joint development with Beijing and Tianjin’s property rights transaction market, and to accelerate the development of the regional property rights transaction market; In the end, it should improve the degree of opening to the outside world, so as to prepare to dock with the unified national property rights transaction market in the future.