从１９９０年上海、深圳两个证券交易所成立至今，新中国的证券市场已历经了十年风霜。十个春秋可以见证，这个当年乳臭未干的婴儿已渐渐成长，当初蹒跚不稳的步履现在变得坚强有力；当初基本以政府的政策调控与管制为依靠．而现在也渐渐向市场化探头了。 正如人类的成长历程一 Since the establishment of the two stock exchanges in Shanghai and Shenzhen in 1990, the securities market in the People’s Republic of China has gone through ten years of ups and downs. The ten years of Spring and Autumn witnessed the infancy of this infantile infant, which had now grown stronger and stronger. At that time, the basic policy of the government was to rely on the control and regulation of the government. Now it is gradually market-oriented probe. Just as human history one