有限范围内的债转股尝试,作为加快国企改革、推进供给侧改革的系统性政策的一环,有其积极的意义,并能在一定程度上缓解银行的不良资产压力。但在目前的内外部环境下,应审慎推进,并坚持市场化、法制化的原则,以避免可能出现的负面影响。近来,关于债转股的传闻和讨论甚多。从国际国内的实践看,债转股即是将债权转化为股权,是处置不良资产的常用方式之一,并在化解不良资产、防范系统性金 The attempt of debt-equity swap in a limited scope has its positive significance as a part of a systematic policy to speed up the reform of state-owned enterprises and promote supply-side reform. It can also ease the bank’s distressed asset pressure to a certain extent. However, under the current internal and external environment, we should proceed prudently and adhere to the principle of marketization and legalization so as to avoid any possible negative impact. Recently, there have been many rumors and discussions about debt-to-equity swap. From the international and domestic practice, debt to equity is the creditor’s rights into equity, is one of the common ways to deal with non-performing assets, and to resolve non-performing assets, to prevent systemic gold