资产证券化作为一项金融创新，自７０ 年代末诞生以来，在世界范围内得到了迅速的发展，对各国金融市场乃至国际金融体系产生了深远的影响。我国在资产证券化引入过程中，要面临资本市场、中介服务、资产属性、法律规定以及风险和收益等各方面的约束条件，需要对这些约束进行分析，有的放矢地解决问题。 Since its birth in the late 1970s, asset securitization, as a financial innovation, has enjoyed rapid development in the world and has had a profound impact on the financial markets of various countries and even the international financial system. In the course of the introduction of asset securitization, our country faces the constraints of capital market, intermediary services, asset attributes, legal provisions as well as risks and benefits. It is necessary to analyze these constraints and solve the problems in a targeted manner.