金融业要帮助我国实体经济持续健康发展，在金融新政指导下，有几件事亟待金融支持，也大有可为。一是贸易融资和新型供应链建设。二是支持节能减排和生态文明建设。各类基金和资产管理工作，依托多元资本市场建设，一定能在我国未来的五大文明建设中开创新局面，争取主动权

The sustainable the sustainable development of the financial sector to help the real economy in China,In the finance under the guidance of the New Deal,There are a few things need financial support,Also promising.One is the trade financing and construction of the new supply chain.2 it is to support energy conservation and emissions reduction and ecological civilization construction.All kinds of funds and asset management,Depending on the diversified capital market construction,Must be able to in the construction of China's five major civilization to create a new situation,Strive for the initiative

　　金融改革开放作为整个国家发展战略的有机组成部分，历经三十多年，迄今已取得巨大成就。特别是在过去的十多年内，在党中央、国务院的正确领导下，我们坚定不移地推进和完成了一系列具有里程碑意义的重大金融改革，金融业整体实力和抗风险能力不断增强，成功经受了国际金融危机的严峻挑战，有力支持和促进了我国经济能率先恢复健康发展速度。

The financial reform and opening up as an organic part of the whole national development strategy,After more than thirty years,So far have made great achievements.Especially in the past ten years,In the CPC central committee/Under the correct leadership of the state council,We unswervingly promote and complete a series of landmark major financial reform,Financial industry to enhance the overall strength and ability to resist risks,Successfully withstood the severe challenges of the international financial crisis,Strong support and promote the economy in our country can take the lead in restoring health development speed.

　　近来，金融新政配合十八大的新要求推出了新的改革探索和创新实践。在努力开新局的时候，我们应当清醒地看到，一切新举措的根本，还是要让金融业更好地服务于实体经济。而要达到这一目的，不仅要重视系统内在法规和标准要求上，做到互相的协同一致和高度配合，也需要重视财税改革、各个产业部门的改革深化协同配套推进，更需要人才和内控与监管的协同建设，这样才能持续健康，少走弯路。

recently,Financial New Deal with the new demands of the eighteenth big launch of the new reform exploration and innovation practice.When trying to open a new office,We should clearly see,The root of all the new measures,Or to make the financial sector to better serve the real economy.To achieve this goal,Not only attaches great importance to the system internal rules and regulations and standard requirements,Do the concerted and height of the cooperate with each other,Also need to emphasis on the fiscal and taxation reform/Sector to deepen the reform of form a complete set to promote together,Need more talents and construction of internal control and supervision of the synergy,So you can continue to health,Little detours.

　　我今天着重讲服务实体经济的问题。近年来，我们面临的全球金融危机和全球经济恢复发展不确定性因素仍在增加，而国内经济转型、过剩产能调整压缩压力不断增大，节能减排任务十分紧迫。要帮助我国实体经济持续健康发展，在金融新政指导下，有几件事亟待金融支持，也大有可为。

I today focuses on service entity economy.In recent years,We are faced with the development of the global financial crisis and global economic recovery uncertainty continues to increase,The domestic economy transformation/Overcapacity adjust the compression pressure increasing,Energy conservation and emission reduction task is very urgent.To help the real economy sustainable and healthy development of our country,In the finance under the guidance of the New Deal,There are a few things need financial support,Also promising.

　　一是贸易融资和新型供应链建设 One is the trade financing and construction of the new supply chain

　　由于国内外市场需求的挑战，我国贸易融资和供应链的建设需要银行业认真考虑加强代理行建设，在国内推行由国际商会最佳惯例指引下的信用证做法，以确保真实贸易得到银行科学融资支持，消灭三角拖欠和大幅减少欺诈犯罪，也可以由此促进东、中、西地区之间的贸易繁荣发展。

Due to the challenges of the market demand both at home and abroad,The Trade financing in our country and the construction of the supply chain need to banking seriously considering strengthening agent,In the domestic implementation of best practices adopted by the international chamber of commerce under the guidance of the l/c,In order to ensure real trade bank scientific financing support,Eliminate triangular defaults and sharply reduce fraud crime,Also can promote the east/In the/The prosperity and development of trade between west region.

　　在充分把握和了解客户及客户业务基础上，资产管理业务可以率先大规模恢复以真实贸易应收账款的代收和保理业务，支持企业的生产流通周转。对从事实业的中小企业应当在基于现金流的正确做法上给予企业较长时间的信用额度循环便利，不受贷款规模按短周期的控制。

In fully grasp and understanding of customers and clients based on the business,Asset management business can take the lead in mass recovery in real on behalf of the trade receivables and factoring,Support the production circulation flow of the enterprise.To the small and medium-sized enterprises engaged in industry shall be based on the cash flow right practice for a long time business line of credit cycle is very convenient,The control is not affected by the size of the loan in a short period.

　　新兴的创新型小企业应当得到风险投资资本（创投）和天使基金的认真遴选，而我们的天使创投和PE（私募股权基金）以及兼并收购为主的杠杆收购基金(buyout fund)应当有不同侧重点的、有所区别，各自有自己特色的战略定位建设。除buyout fund外，金融各业应当也有可能对我国过剩产能的积极主动调整发挥巨大作用。

The emerging of innovative small businesses should be risk investment capital(Venture capital)And the angel funds carefully selected,And we are angel vc and PE(Private equity funds)As well as merger and acquisition of leveraged buy-out funds(Buyout fund)Should have different emphases/different,Each has its own characteristic the strategic positioning of construction.In addition to the Buyout fund outside,The financial industry should also probably the positive adjustment of the excess capacity in China play a huge role.

　二是支持节能减排和生态文明建设 2 it is to support energy conservation and emissions reduction and ecological civilization construction

　　上个世纪七八十年代欧美对工厂排放大量 SO2，进而又形成酸雨，对大批湖、河、森林和人类健康造成的严重损害等问题进行研究，人们发现行政命令控制的方法以及刚性一刀切收碳税的做法远不如排污总量限制与交易机制（Cap & Trade）来得成功。在及时立法和政府市场联手推出市场机制后，美国在16年内发电量增长了37%的同时，而SO2 排放总量减少了40%，氮氧化物（NOX）排放总量下降了48%，欧盟则通过欧洲排放交易体系每年从生态项目获取了300亿欧元的收益。

And eighties last century Europe and the United States on factory emissions of SO2,In turn form the acid rain,To a large number of lakes/The river/Forests and cause serious damage of human health research,People found administrative command control method and rigid carbon tax all practice is much less than the total emission limits and trading mechanism(Cap & The Trade)More successful.In legislation and administration in time after market with market mechanism,The output has increased by 37% over a period of 16 years at the same time,The SO2 emissions decreased by 40%,Nitrogen oxides(NOX)Emissions fell by 48%,The European Union through the European emissions trading system from ecological project for 30 billion euros each year.

　　发展这种配额（allowance）和补偿抵消（offset）的工作及交易机制已在我国七省市进行了试点。各地均已成立了相关的交易所。在这种碳排放和污染排放交易中，各类基金、证券公司、各类经纪商、资产管理公司、评级公司、信托公司的专业服务大有用武之地。

Development of the quota(Most egregious nest-feathering)And to compensate the offset(offset)Work and trading mechanism has seven provinces and cities in our country has carried on the pilot.Have been set up around the relevant exchange.In this kind of carbon emissions and pollution emissions trading,All kinds of funds/A securities company/All kinds of brokers/Asset management companies/Ratings agencies/Trust company scope for professional services.

　　在全球经济金融危机对我国的影响挥之不去和雾霾气候、土地重金属污染、污水等事件引发的社会反响等多重挑战面前，我们一定要坚持市场的机制建设，把碳交易、排污权交易和碳金融、绿色金融服务进行深度融合。能做到这一点，我们的各类基金和资产管理工作，依托多元资本市场建设，就一定能为我国在未来五大文明建设中开创新局面，为我们取得领先权、主动权。做好这项服务，非常实在，很有潜力。前提是两个，一个是法律和标准，另一个是坚持市场机制。

Lingering, the influence of the global economic and financial crisis to our country and the fog haze weather/Land pollution of heavy metals/Events such as sewage causes the multiple challenges such as social repercussions,We must insist on market mechanism construction,The carbon trading/Emissions trading and carbon finance/Green, deep integration of financial services.Can do it,Our all kinds of funds and asset management,Depending on the diversified capital market construction,Must for our country in the next five big civilization construction in the new situation was created,Obtain LingXianQuan for us/The initiative.Do the service,Really very much,A lot of potential.The premise is two,A is the legal and standard,The other is a adhere to the market mechanism.

　　要注重完善金融创新中风险防控和实现金融稳定的法制基础。法制比文件更能管根本、管长远、管得细，使业者方向更明，使消费者信心大增，使比赛规则更清。完善许多领域中的法规是我们金融创新，基金进与出、大财富管理能服务实体经济的基本前提。根据中国的特色，我们要在准确把握需求的前提下，探索市场专家和法学界专家共同开展具有前瞻性的金融立法实践，抓紧推动相关建章立制的规划立项工作，努力为各种市场试验积极提供依法监管和机构本身依法合规实践的制度保障。

Should pay attention to improve the risk prevention and control in the financial innovation and legal basis for financial stability.The rule of law can tube more fundamental than the file/Tube in the long run/Too fine,Make the industry more clear direction,Leading to a huge increase in consumer confidence,Make rules more clear.Perfect the laws and regulations in many areas is our financial innovation,Funds into and out of/Great wealth management to the basic premise for service the real economy.According to the characteristic of China,We're going to on the premise of accurate grasp the demand,Explore market experts and law experts to develop proactive financial legislation practice together,To promote building rules and regulations related to the planning of project work,Positive efforts for the various market trials provided in accordance with the regulation and the system guarantee of the institutions themselves compliance practices in accordance with the law.

　　要注意完善风险防控体制，加强和完善金融监管。开展更宽泛领域的金融创新试验。现在从业者迅速增加，健全的内控和合规组织以及长效机制是做好风险防范和处置工作的基本保障。我们不能过度管制，但也不能放松必要的监管。必须注重完善金融监管体制和合作机制，把同一类产品与服务和创新置于统筹一致、规范合理的监管之下。

Attention should be paid to improve the risk prevention and control system,Strengthen and improve financial regulation.A broader areas of financial innovation experiment.Now practitioners to increase rapidly,Sound internal control and compliance of the organization and the long-term mechanism is the basic guarantee to do a good job of risk prevention and disposal.We can not excessive regulation,But don't relax the necessary regulation.Must pay attention to improve the financial regulatory system and the cooperation mechanism,Put the same kind of product and service and innovation in plan as a whole/Specification is reasonable.

　　这里，工作协调，信息共享和联合处置的机制，对当前交叉性金融创新业务，发现重大系统性风险隐患和影响社会稳定等问题十分重要，强化企业内控为主，加强对准金融机构、场外交易市场的适度监管，建立共享信息上的风险多维监测、评估和经验交流，逐步形成合理的预警体系，以便发现问题及时解决，保持我国基金业乃至整个金融行业，活力充沛，不断进步。

here,To coordinate work,Mechanism of information sharing and joint treatment,For the current financial innovation to its business,Found significant systemic risk hidden trouble and affect social stability is very important,Strengthen enterprise internal control to give priority to,Aim to strengthen financial institutions/Moderate regulation of otc market,Establish a multi-dimensional monitoring share information on the risk/Assessment and exchange of experience,Gradually form a reasonable system of early warning,In order to find problems in a timely manner,Keep the fund industry in China and even the entire financial industry,energetic,Continuous improvement.

　　（作者系全国政协经济委员会副主任、中国银监会前主席，本文是他在“2013中国私募基金年会”上的讲话）

(The author is deputy director of the CPPCC economic committee/Former President of the China banking regulatory commission (CBRC),This is he in"2013 annual meeting of China private equity fund"In the speech)