本文论述中国建立第二板市场的原因、作用及初步构想。随着我国经济体制改革的发展， 中小企业和高科技企业因缺乏融资渠道步履维艰、创业投资因缺乏退出机制裹足不前。本文通过论述第二板市场对中小企业、高科技企业融资和创业资本有效退出的作用， 以及介绍国外第二板市场发展状况及运作特点， 提出通过建立中国第二板市场来解决这一问题 This article discusses the reasons for the establishment of the second board market in China, its role and the initial idea. With the development of economic restructuring in our country, SMEs and high-tech enterprises are struggling for lack of financing channels and venture capital investment is not able to get out of hand because of the lack of an exit mechanism. This article discusses the second board market for SMEs, high-tech enterprise financing and venture capital to withdraw from the role of the effective introduction of foreign second board market development and operational characteristics, proposed through the establishment of China’s second board market to solve this problem