康子冉

KangZi mannequins

　　“除经济增长放缓外，未来人口结构发生的趋势性转折也将给国内金融业带来巨大影响。”这是中国社科院副院长李扬近日演讲时，对中国经济和改革作出的前瞻。

"In addition to the economic slowdown,The future trend of the population structure in turn will bring great influence to the domestic financial industry."This is the vice President of the Chinese academy of LiYang recently a speech,The reform of China's economy and a prospective.

　　李扬认为，新型经济体经济减速或将使连续数十年增长的国民储蓄率出现下降，储蓄率下降将抬高银行资金成本，增大流动性风险，银行规模扩张的模式将至末路。

LiYang think,The new economy economic slowdown or will make continuous decades growing national saving rate decline,Savings rate decline will drive up the cost of funds,Increase the liquidity risk,Bank expansion mode will be to end.

　　李扬进一步指出，人口老龄化将直接导致储蓄率趋向下滑，由此产生的养老压力不断增加，这迫切需要建立稳定且有效的跨期配置储蓄的机制。因此，发展固定收益产品的需求将大大提高，对金融产品收益率的稳定性要求也会提高。

LiYang further points out,An aging population will directly lead to savings rate tends to decline,The resulting endowment pressure increasing,This urgent need to build a stable and effective cross period configuration saving mechanism.so,The development of fixed income products demand will greatly improve,The stability of the rate of return on financial products demand will also increase.

　　另外，对于近期市场热议的城镇化问题，李扬指出，由于城镇化的兴起，投资主导型增长模式将得以持续。他指出，具有公共性和商业性的混合型产品投资将占主导地位，对长期资金将出现大规模需求。

In addition,For the recent market hot debate urbanization problems,LiYang pointed out that,Due to the rise of urbanization,Investment leading growth pattern will be sustained.He pointed out that,With the public and commercial hybrid product investment will predominate,For long-term capital will appear large demand.

　　针对城镇化加速，资本市场和运筹长期资金的机构将面临发展新机遇。他认为市政债券应当适时推出，全面开放民营资本的准入。

According to the speed of urbanization,Capital market and logistic long-term capital institutions will be faced with new opportunities for development.He thinks that municipal bonds shall be timely launch,Comprehensive open access private capital.

　　对于伴随城镇化而一直持续的工业化进程的发展方向，李扬认为重整制造业的竞争力仍然是今后经济的增长点所在。

For with the urbanization and industrialization of continued development direction,LiYang think that reforming the competitiveness of manufacturing industry is still in the future economic growth point in.

　　另外，对于全球经济危机长期化对国内金融市场的影响，李扬指出，应做好长期应对国际金融风险的准备，慎言人民币国际化。

In addition,For the global economic crisis on domestic reform of the influence of the financial market,LiYang pointed out that,Should do long-term to deal with the international financial risk preparation,Stool pigeon RMB internationalization.

　　“相比美元取代英镑成为世界货币的过程，目前人民币国际化条件还不够成熟，”他说道，“美国GDP全面超过英国的相当长时期内，仍然延续使用英国建立的国际货币体系。而当前中国GDP仅相当美国GDP一半左右，人民币国际化仍然任重道远。”

"Instead of pounds than the dollar as the world currency process,At present the RMB internationalization condition is not enough mature,"He said,"America's GDP overall more than Britain's a quite long period of time,Still continue to use English to establish the international monetary system.At present, China's GDP is only about half America's GDP,RMB internationalization is still a long-term task."