在国际板的推出时机以及国际板如何设计的具体问题上,业界一直存在争论,这些争论并没有随着国际板准备工作的深入而变得缓和。在刚刚结束的两会上,国际板成为代表委员们热议的话题。国际板和创业板、股指期货一起,被称为股改后中国资本市场发展创新的三大战役。创业板和股指期货都已经推出,而国际板也在酝酿中越走越近。刚刚发布的“十二五”规划纲要明确提出“探索建立国际板市场”以加快多层次金融市场体系建设。为加快建设国际金融中心,上海也在积极进行国际板的筹备工作。上海证券交易所理事长耿亮近期公开表示,上 There have always been controversies in the industry about the timing of the launch of international boards and the specific issues of how international boards are designed. These arguments have not been eased with the preparations for the international board. At the just concluded two sessions, the International Board became a hot topic on behalf of members. International board and the GEM, stock index futures together, known as the share capital after the reform of China’s capital market development and innovation of the three major campaigns. GEM and stock index futures have been launched, while the international board is brewing closer and closer. The newly released “Twelfth Five-Year Plan” clearly states that “exploring the establishment of an international board market” will speed up the construction of a multi-level financial market system. To speed up the construction of an international financial center, Shanghai is also actively preparing for the international board. Geng Liang, chairman of Shanghai Stock Exchange recently said publicly that on