出口导向阶段的逐步完成是推出国际板的历史契机,而国际板的推出,也是解决我国经济转型中所遇困境的有效手段当前,关于在中国内地设立国际板市场的讨论日益激烈。设立国际板的方式主要有两种:一是境外企业直接在A股市场公开发行(IPO);二是发行中国存托凭证(CDR)。推出国际板的意义不仅仅是建设完善的资本市场,更是中国经济转型的内在要求。 The gradual completion of the export-oriented phase is a historical turning point in launching the international board. The launch of the international board is also an effective measure to solve the difficulties encountered in the economic restructuring of our country. At present, there is an increasing debate about setting up an international board market in mainland China. There are two main ways to set up an international board: one is for overseas companies to issue shares directly in the A-share market; the other is to issue China Depository Receipts (CDRs). The significance of launching an international board is not just a well-established capital market, but also an inherent requirement of China’s economic restructuring.