“不同地区金融改革试点部分是带有全局性的，部分是带有区域性和专题性的，区域金改试点发挥合力才能共同探索未来金融市场的发展路径。前海模式如果成功，无疑将为形成全国各地适用的游戏规则提供经验。”在广东金融学院院长陆磊看来，以市场化为基础的前海金融改革是具备全局意义的。

"Different regional financial reform pilot part is with global,Part is with regional and unique,Regional gold pilot to play together to jointly explore the future financial market development path.Sea before mode if successful,To form all over the country will no doubt applicable rules of the game to provide experience."In guangdong financial, dean of the college of LiuLei looks,Based on market into the sea before financial reform is with global significance.

　　纵观金融改革的发展历史，我国金融市场系统的改革早已从管制型体制的突破转移到市场化制度的建设。以1993年为界，此前金融改革集中在突破高度垄断的金融机构体系，此后则建立多种金融机构并存的金融系统为主，往往遵循从顶层设计到金融监管的路径。如今随着现代金融市场多元化复杂化发展，金融改革更倾向于解决来自于民间金融资源配置以及市场化金融秩序建设的技术性操作，自下而上的试点推广模式则成为本轮金融改革的主流，这也催生了全国各地的金融改革方案。

Review the development history of financial reform,The reform of China's financial market system already from control type system breakthrough transferred to the construction of the market system.In 1993 as the boundary line,Previous financial reform focused on breakthrough height monopoly financial institutions system,Since then, many financial institutions set up both the financial system is given priority to,Often follow from the top design to the path of financial supervision.And now, with the development of modern financial market diversification complication,Financial reform tend to solve from folk financial allocation of resources and market financial order construction technical operation,Bottom of the pilot promotion mode becomes the mainstream of this financial reform,It also gave birth to all parts of the country's financial reform plan.

　　不难发现，金融改革正在进入快速推进的阶段。仅从2012年来看，3月份，国务院批准设立温州金融综合改革试验区，由此拉开了全国新一轮金融改革的序幕；4月12日，深圳出台加强改善金融服务支持实体经济意见稿，支持前海大力发展股权交易中心、股权投资基金发展；天津滨海新区则出台了包括金融创新的18项举措；北京、上海等城市的金融改革与创新也在快速推进。

Is not difficult to find,Financial reform is in rapid development stage.Only from 2012 to see,In march,The approval of the state council set up wenzhou financial comprehensive reform pilot area,This opened the prelude to a new round of financial reform;On April 12,,Shenzhen on improving financial services to support the real economy the draft,Support the sea before developing equity trading center/Equity investment fund development;Tianjin binhai new area is introduced including financial innovation and measures;Beijing/Shanghai and other cities of financial reform and innovation in rapid development.

　　杨涛分析，上海国际金融中心建设与国家层面的政策突破直接相关，如果贸然做大动作的改革将会影响整个金融系统。而温州金改侧重解决民间资本、小企业融资等“草根金融”的困境，至于南沙、泉州等其他城市区域金改的核心是集聚金融资源，服务于当地经济增长和财税。与上述城市相比，起步于跨境人民币货币试验的金融创新方案，最终指向的目标是金融市场的真正开放。

Yang tao analysis,Shanghai international financial center construction and national level is directly related to the policy of the breakthrough,If rushed to the reform of the action will affect the whole financial system.Wenzhou gold to provide solutions to private capital/Small business financing"Grassroots financial"dilemma,As for the nansha/Quanzhou and other urban areas gold change is the key of the agglomeration of financial resources,A service for the local economic growth and tax.Compared with the city,Start in the cross-border RMB currency test financial innovative solutions,The final goal is to the real financial market open.

　　不过，在金融试点推向全国的过程中，基于不完全金融市场开放和传统资本管制的现实背景，诸如前海等试点模式可能给金融市场带来系统风险，使区域金融创新难免遭遇“发展过快、违背改革秩序”的质疑。对此，央行调查统计司司长盛松成强调，利率、汇率改革和资本账户开放并不是简单的先后关系，而是循序渐进、协调推进的关系。在他看来，金融改革“先内后外”的改革次序只是一种理想化设计，而实际情况往往是内外协调推进并相互促进。

but,In the financial pilot to the process,Based on the incomplete financial market opening and traditional capital controls realistic background,Before such as such as sea pilot model can bring to the financial market system risk,Make regional financial innovation is encountered"Rapid development/Against reform order"questions.this,The central bank survey statistics of priests ChengSong into stressed,Interest rates/Exchange rate reform and capital account liberalization is not simple successively relationship,But step by step/Coordinate the relationship between the advance.In his view,Financial reform"In the first after"The reform of the order is a kind of ideal design,And the actual situation inside and outside is often coordinated development and promote each other.

　　国务院发展研究中心金融所名誉所长夏斌指出，未来金融战略的取向，必须也只能是在一个历史过渡时期内，国内金融加快“充分的市场化”，涉外金融包括汇率、资本账户和人民币国际化等内容应追求“有限的全球化”。同时，不管是国内的改革措施还是对外的开放措施，无论何时采取、采取力度有多大，都必须始终警惕是否有利于构筑抵御外部风险冲击网。

The state council development research center, the financial XiaBin emeritus pointed out,The orientation of the future financial strategy,Must also can be in a transition period of history,Domestic financial to speed up the"Full market",Foreign financial including exchange rate/Capital account and RMB internationalization, etc should pursue"Co., LTD., the globalization of".At the same time,Whether domestic reform measures or foreign open measures,Whenever you take/How to strength,Must always alert whether it helps build resist external risk and impact.

　　陆磊表示，只有保证民间草根等多元化金融主体参与、防止套利风险的预案安排以及设置宏观金融安全网这三方面，才能做到从试点推向全国，实现在控制风险的基础上推动整体金融市场改革。“如果这三者都考虑周全，金融市场完全放开都没有问题，改革完全可以遵循试点、总结经验、推广、放开的路径来进行操作。”

LiuLei said,Only guarantee folk grassroots diversified financial main body participation/Prevent arbitrage risk plan arrangement and set the macro financial safety net this three aspects,To do from the pilot to the whole China,To realize the control risk on the basis of the whole financial market reforms to promote."If all three, thoughtful,Financial market fully open to all have no problem,Reform can follow the pilot/To sum up experience/promotion/Let go of path for operation."