commercial negotiable instrument meaning in Chinese

商业可流通的票据

First , i review the course that the china negotiable instrument market has passed and the status quo that the china negotiable instrument market is at . after liberation , our nation carried out planned economy , there was neither commerce credit nor commercial negotiable instrument
首先，回顾我国票据市场的发展历程，考察目前所处的状况：解放后，由于我国实行计划经济体制，商业信用失去作用空间，商业票据也就无法存在。