CAJ | 학술논문

中国经济目前处于“三期”叠加阶段，经济下行压力加大。随着2013年6月的银行同业“钱荒”以及2014年以来的一些信托产品违约问题的出现，中国影子银行受到了前所未有的关注。然而，关于中国的影子银行，各种观点对其内涵、范畴、影响以及监管等莫衷一是。文章通过全面梳理有关中国影子银行的各种观点发现，中国的影子银行与国外有着比较大的差异，影子银行的范畴并不存在通行口径。同时，影子银行是一个中性的概念，它的发展有利有弊，不能简单地与风险划等号。对于影子银行蕴含的风险，要疏堵结合，在规范中谋求长远发展。
중국경제목전처우“삼기”첩가계단，경제하행압력가대。수착2013년6월적은행동업“전황”이급2014년이래적일사신탁산품위약문제적출현，중국영자은행수도료전소미유적관주。연이，관우중국적영자은행，각충관점대기내함、범주、영향이급감관등막충일시。문장통과전면소리유관중국영자은행적각충관점발현，중국적영자은행여국외유착비교대적차이，영자은행적범주병불존재통행구경。동시，영자은행시일개중성적개념，타적발전유리유폐，불능간단지여풍험화등호。대우영자은행온함적풍험，요소도결합，재규범중모구장원발전。
Nowadays, China economy is in the three period superimposed, including the slowdown in economic growth. Shadow banking of China has received unprecedented concerns because of the interbank market "money shortage" in June 2013 and breach problems of trust products since 2014. However, there are various views on Shadow banking of China from the aspects of connotation, composition, impact, regulation and so on. The paper summarizes various views and points out some conclusions. Firstly, shadow banking in China is quite different from the one in foreign countries, and there is no generic view on the compositon of shadow banking. Secondly, shadow banking is a neutral concept and there are pros and cons of its development, which can not simply be equated with the risk. Finally, shadow banking risk should be moderately supervised in order to seek sustainable development.