fictious capital meaning in English

虚拟资本

The development of chinese capital market makes remarkable contribution to the development of china ' s economy in the past 15 years . first of all , the money that enterprises raise through the stock market offers fund for its enlarged reproduction . secondly , enterprises have set up modern enterprise system , improved company ' s government structure and offered the system guarantee to the future development by listing 。 moreover , the separation of fictious capital and material object capital realized by the capital market can realize the rational collocation of the fund and improve the efficiency of social resources and improve the industrial structure development by merger and acquisition
中国资本市场发展近15年来对中国经济的发展做出卓越的贡献,首先,企业通过股票市场筹集到的资金为其扩大再生产提供资金保障;其次,企业通过上市建立起现代企业制度,完善了公司治理结构,对企业未来发展提供制度保障;再次,通过资本市场实现虚拟资本与实物资本的分离,可以实现资金的优化配置,进而提高社会资源的使用效率,并且通过兼并和收购,可以促进产业结构的完善和发展。