1、1博士学位论文公示材料学生姓名 周星旺 学号 1010526二级学科 管理科学与工程 导师姓名 贾康论文题目 基于高质量发展视角的地方国有金融资产管理体制创新研究论文关键词论文摘要(中文)现代经济的核心是金融业。我国国有金融资产属于战略性经济资源，由国家直接或者间接出资形成，并位于我国金融业的主导地位，同时国有金融企业的资本享有各项权益。金融机构的风险具有外部性，纵观历次的金融危机不难发现，政府(财政)和公众总是会成为金融风险最终的承担者。虽然改革开放以来我国国有金融企业经过了不同阶段的改革，服务实体经济的能力不断增强，国有金融资产管理的效能不断提升，但仍存在一些问题，这些问题主要在于我国国有
2、金融资产的管理模式上，简单来说，现有的管理模式已经很难适应走向高质量发展，因而现有的金融体制必须进行进一步的深化改革。本文梳理了改革开放以来我国地方国有金融资产管理体制改革的演变历程，针对改革历程各阶段特征进行阶段划分，总结了改革历程的经验和教训，上升到理论层次，进而分析了转向高质量发展背景下地方国有金融资产管理体制当前面临的矛盾和挑战。在这样实证分析的基础上，建立了基于投资率的地方金融依赖以及地方经济发展质量与地方国有金融资产管理互动数理模型，测算地方国有金融资产管理与地方经济高质量发展的内在联系，即证明了金融产业增加值最快的区域其金融产业增加值对投资率影响最小，以此建立了地方国有金融资产管
3、理与高质量发展的数量关联。这样的一个内在逻辑表明地方国有金融资产管理与高质量发展存在矛盾的地方，即金融资源配置效率和使用效率不高。在实证矛盾后，从宏观、中观、微观三个层次分析了地方国有金融资产管理影响地方转向高质量发展的路径和机理。在对影响路径和机理进行充分认识后，以高质量发展为导向借鉴了相关国际经验，推出基于高质量发展视角创新地方国有金融资产管理体制完整的、成体系的政策建议，论文最后剖析了研究的不足之处，对下一步进行更为深入的研究进行了展望。关键词:高质量发展；地方国有金融资产；管理体制；创新2论文摘要（英文）3The core of the modern economy is the fi
4、nancial industry. Being strategic economic resources, Chinas state-owned financial assets are formed directly or indirectly by the state, and located in the leading position of Chinas financial industry, while the state-owned financial enterprises enjoy all the rights and interests of the capital. B
5、ecause of the external attributes of financial institution, in the past time, the state and society are actually the ultimate undertaker of the financial risk. Although Chinas state-owned financial enterprises after years of reform, and constantly improve its governance, realize the diversification
6、of ownership structure, but there are still some problems, these problems mainly lies in Chinas state-owned financial assets management mode, in simple terms, the existing management mode has been difficult to adapt to high-quality development, thus the existing financial system must be further deep
7、ened reform.This paper combs the evolution of the reform of the local state-owned financial assets management system since the reform and opening up in China, divides the stages according to the characteristics of each stage of the reform process, summarizes the experience and lessons of the reform
8、process, and rises to the theoretical level. Then it analyzes the contradictions and challenges of the local state-owned financial assets management system under the background of high-quality development. On the basis of this empirical analysis, a mathematical model of local financial dependence ba
9、sed on investment rate and the interaction between the quality of local economic development and the management of local state-owned financial assets is established. The internal relationship between the management of local state-owned financial assets and the high quality development of local econo
10、my is calculated, that is, it is proved that the region with the fastest added value of the financial industry has the least impact on the investment rate in the region with the fastest added value of the financial industry. The quantitative relationship between local state-owned financial assets ma
11、nagement and high-quality development is established. Such an internal logic indicates that there is a contradiction between the management of local state-owned financial assets and the development of high quality, that is, the allocation efficiency and use efficiency of financial resources are not
12、high. After the empirical contradiction, the paper analyzes the path and mechanism of the local state-owned financial asset management influencing the local development to high quality from the macro, the meso and the micro level. After fully understanding the influence path and mechanism, we draw l
13、essons from the relevant international experience in the direction of high quality development, and put forward the policy recommendations of innovating the local state-owned financial assets management system in a complete and systematic way based on the perspective of high quality development. At
14、the end of the paper, the shortcomings of the research are 4analyzed, and the further research is prospected.Key Words: High quality development; Local state-owned financial assets;Management system; innovation论文主要创新点5目前国内研究地方国有金融资产管理的较多，但成系统的研究不多，思想成体系的不多，其研究成果主要集中在对国有资产管理的范畴，未对金融资产与地方的区域性金融资产进行细分。
15、本论文创新性在于是理论成系统、思想成体系的对上述范畴进行论述。论文创新之处在于构建地方经济高质量发展的衡量指标和地方金融资源配置指标，建立回归模型、测算地方国有金融资产管理与地方经济高质量发展的内在联系。这是一个重要突破。对地方国有金融资产管理体制改革历程自成一家的按各个阶段不同的特征进行准确划分阶段，从中总结经验和教训，上升到理论层面，这是一个创新点。本论文认为，金融改革与实体经济改革存在根本的本质区别，即金融的增量改革并没有如实体经济增量改革一样形成一个真正不同新的增量即民营经济增量，金融改革实质形成了以地方国有金融引领和控制的地方金融发展，并没有形成所谓的真正的民营金融，这与中央国有金融
16、在本质上属于同质，以此期望弥补中小企业金融资源配置不足，必然在实践上大打折扣。论文首次建立一个新的基本分析框架，即基于高质量发展与地方国有金融资产管理的定量分析的投资率与地方金融依赖的的理论，在此构建数学模型，对基本假定进行实证层面验证。6攻读博士期间取得的学术成果注：按有关规范填写本人为第一作者或导师是第一作者、本人为第二作者，且第一署名单位为东北大学的研究成果。1.周星旺. 国有金融资本经营面临结构调整J. 中国金融，2013， （14）：88-89.2.周星旺. 地方金融管理的规范性J. 中国金融，2015， （23）：91-92.3.周星旺. 地方政府融资平台的制度金融理论分析J. 中国财经信息资料，2012， （6）：12-13.
