中文摘要：

笔者基于国内影子银行现状,结合最新数据分析我国影子银行体系对金融机构、金融市场以及金融监管体系的稳定性产生的影响。笔者认为,应根据影子银行体系对金融体系不同组成部分稳定性产生的不同影响,正确把握金融创新与监管的关系,为金融自由化创造良好环境,促进我国金融市场稳定健康成长和经济发展。

英文摘要：

Based on the current situation of domestic shadow banking system and the latest data,this paper analyzes the impact of shadow banking system on stability of domestic financial institutions,financial markets and financial regulatory system. It is suggested that a correct handling of the relationship between financial innovation and regulation is required in order to create a sound environment of financial liberalization for the financial market stability,and prosper national economy on the whole.