摘要
从美国财政部公布的数据看,中国对美国证券投资主要集中在国债领域,占中国对美国证券投资的近60%;其中,中国对美国国债投资又集中在长期名义国债,占同期中国持有美国国债的88%。总体看,以前中国对美国证券投资属于风险厌恶型的投资者,致力于通过证券投资实现资产保值。鉴于美国国债利率长期下行趋势已经确立,中国外汇储备投资应遵循多样化原则,以资产保值更要增值为目标,支持国家新时期"一带一路"战略,调整现有外储区域和领域布局,更多投资全球优质资产。
According to data issued by the U.S.Treasury Department,China's securities investment in the United States mainly concentrated on Treasury bonds,accounting for nearly 60% of total China's securities investment in the US.Among them,the China's investment in US Treasury bonds mainly focused on long-term nominal bonds,amounting to 88% of China's holdings of US's Treasury bonds.In general,in the past China was a risk-averse investor,aiming to maintain asset value through securities investment.Given the interest rates' downward trend of US's Treasury bonds,China foreign exchange reserves investment should follow the principles of diversification,aim to hedge and add value to assets,support national'Belt and Road'initiative,and adjust the regional and field distribution of foreign reserves to increase investment in the global quality assets.
出处
《全球化》
2016年第4期60-77,共18页
Globalization
基金
2014-2015年度中国国际经济交流中心基金课题<中美经贸关系中长期前景与对策研究>部分成果
