查询词典 investment banking

After a study on Chinese financial practice, we find that though Chinese banking system has high cost and low efficiency, one side, Chinese security market has very low efficiency to overcome asymmetric information and has many unsolved problems in short term that brings very high additional cost, so security market is not a good system to substitute the Chinese banking system and must develop after these problems are solved, on the other hand, the cost of Chinese banking system is mainly exogenously produced, the experiences of western commercial banking practice and the joint-stock reform in some Chinese banks have proved that the efficiency of Chinese banking system can be improved. So one of our conclusions is that China should emphases on the reform and development of the banking system.

一方面，本文通过对中国证券市场的进一步分析，发现中国证券市场制度设计上存在严重不合理，短期内仍然缺乏合适的生存环境，这也导致其过去十多年的超常规发展中不仅具有低的效率，而且形成了许多短期内难以克服的缺陷，这充分表明证券市场不应成为我国金融体系短期内的重点方向，证券市场未来的进一步发展必须以这些问题和缺陷的解决为前提；另一方面，进一步的分析表明，我国银行业目前的巨大成本主要为外生，同时，对西方发达国家银行业发展和我国银行股份制改革的经验总结表明，只要在一定的条件下，银行业的效率完全可以有效提高，因而，中短期内我国应重点对银行业进行改革和发展，尤其是要加快银行业的股份制改革进程。

During the process of the detailed argument, the author of this paper, by giving over the current situation of the financial investment system of higher education and its evolution, draws the conclusion that the seriously insufficient investment from the governmental finance and the unformed pluralism of the financial investment system of higher education are the main problems of the financial investment system of higher education in our country. Through the deep analysis of the current situation of the financial investment system of higher education in our country and the problems of it, this paper draws the conclusion that it is the imperfection of the laws for the financial investment system of higher education and the misposition of the educational management by governments that cause these problems. Based on the experiences of the western developed countries such as the USA and Japan in the financial investment system of higher education, this paper puts forward the strategy to improve it, with its focus on perfecting the laws for the financial investment system of higher education and the carrying out of the pluralism of the investment system of higher education.

在具体论述过程中，通过对高等教育财政投资体制的现状及演变过程的回顾，从而得出政府财政投入严重不足与高等教育财政多元化投资体制的内外环境尚不成熟，是我国高等教育财政投资体制的现实背景与存在的主要问题的研究结论；通过对我国高等教育财政投资体制现状与问题的深入分析，从而得出高等教育财政投入法律制度的不完善与政府教育管理职能的错位，是导致存在各种问题的主要原因的研究结论；在借鉴美国、日本等西方发达国家高等教育财政投资体制经验的基础上，提出了完善教育产业属性下高等教育财政投资体制的对策，并将论述的重点定位于完善高等教育财政投资的法律体系与实现高等教育投资体制的多元化。

As a whole, this article investigates the investment effect problem from a new view of regional economics. It covers the economic, social and ecological effect of regional investment; it defines the concepts of investment effect and regional investment effect, deciphers the connotation, classification and influential factors of investment effect, and establishes a basic theory framework of investment effect research; constructs a fire-new regional investment effect evaluation model that could evaluate comprehensively the economic, social and ecological effect of regional investment, including evaluation index system and evaluation method, which supplies the gap of regional investment effect evaluation in academic community.

总体上看，本文从区域经济学这一新的视角研究投资效应问题，内容涵盖了区域投资的经济效应、社会效应和生态环境效应；界定了投资效应、区域投资效应的概念，解读投资效应的内涵、分类与影响因素，建立了投资效应研究的基本理论框架；构建一个对区域投资的经济效应、社会效应和生态环境效应进行综合评价，包括评价指标体系和评价方法在内的全新的区域投资效应评价模型，弥补了学术界在区域投资效应评价方面的空白。

Based on the theory of eclectic paradigm of internationalproduction and the analysis of indispensable conditions for investment, this paper indicatesCNOOC's advantages in foreign direct investment. Making use of the method of combiningtheories with physical, combining investment cases of SINOPEC, CNPC and ONGC, upon theanalysis of process and pace relationship in oversea expansion, investment mode, investmentlocation, investment domain, capital source and capital form, it suggests the issues those shouldbe taken into account for investment strategy, including recognizing the relationship betweenreward and development pace, the priority in investment mode selecting, pluralizing of oil sourcesupply, upstream business investment philosophy, all forms of financing channels, and theproportion of non-fund capital in investment capital forms.

最后运用理论与实际相结合的方法，结合中石油、中石化以及印度石油天然气总公司的投资案例，从海外发展的进程与速度、投资方式、投资区位、投资领域、资本来源以及投资出资物等 6 个方面进行分析，提出中海油今后在确定投资战略时应该注重以下几个问题：要重视发展速度与效益的关系；在三种投资方式中，首先考虑通过收购优良资产获得油气储量，其次要与国际大公司合作进行风险勘探，最后要谨慎对待公司并购；选择投资区域时，首先要巩固现有的亚洲资产，其次要重视对其他地区的研究与尝试，实现油源供应的多元化；对海外的投资要长期致力于上游领域；融资方式要多元化；要注重除资金外其他的资本形式在投资出资物中的比重。

This thesis explains basic financial innovation theorems including "circumventive innovation theorem","transaction cost innovation theorem" and " value chain theory ", etc and the relationship between these theorems and Internet banking; on the basis of analyzing the developing history and current situation of Internet banking business in foreign countries and in china, it points out the major problems existing in our Internet banking innovation, summarizes the experiences in foreign Internet banking which can be referential to our commercial banks, and gets to the conclusion that meeting customer's demands and keeping, maintaining, utilizing the customer relationship effectively are the key points in Internet banking innovation.

阐释了&规避管制理论&、&交易成本理论&、&价值链理论&等金融创新理论的基本内容及其与网络银行业务创新的关系；通过对国内外网络银行业务功能发展历程的简要回顾和对其业务创新现状的介绍，总结了国外发展网络银行业务过程中可供我国商业银行借鉴的经验，探讨了我国网络银行业务创新存在的主要问题，并认为满足客户需求，保持、维护并有效利用银行与客户间的关系是进行网络银行业务创新的关键所在。

The introducing arrangement for this chapter is: Firstly, analyzing the amount of fixed asset investment at the whole society and rural areas(including the collections and the personals);analyzing the amount of fixed asset investment at the eastern, middle and the western provinces by second; after that, doing the up-date of farmer's investment and the rustically personal fixed asset investment at the eastern, middle and the western provinces; fourthly, making the analyses on the Agriculture, forestry, animal husbandry and fishing, labor forces, amounts of chemical fertilizer-spraying and the actuality of watering irrigation; fifthly, analyses on the actuality of agriculturally basic construction investment in this chapter; sixthly, nationally financial investment; taking the up-date of nationally financial investment , especially the ones being used to support the farmers with the following;and finally, the up-date of other investment owner being analyzed.

首先，分析了全社会、农村固定资产投资额。其次，分析了东中西部省区农村集体固定资产投资。第三，分析了农户投资的现状及东中西部农村个人固定资产投资。第四，对农林牧渔、劳动力、化肥施用量和水利灌溉现状进行了分析。第五，对农业基本建设投资的现状进行了分析。第六，对国家财政投资，尤其是财政支农投资现状进行了分析。第七，对其它投资主体的现状进行了分析。

The global banking crisis has given rise to a Manichaean view of banking – retail banking good, investment banking bad.

全球银行业危机让人们对银行业产生了二元论的看法——零售银行业好，投资银行业不好。

However, we don"t find neither the economies of scale nor the diseconomies of scale in the investment banking industry. What"s more, the scope of Chinese investment banks is too narrow and the income relies on the traditional deals too much, which makes the industry far from the economies of scope.The dissertation starts from restrict-pricing model of Spence and Bain-Sylos and analyzes the mechanism of the strategy of excessive production capacity. And based on the extended dynamic game theory of Dixit the dissertation establishes the dynamic game theory model of capital promise and entry deterrence. The dissertationillustrates the essence of scale strategy of Chinese investment banking industry: Firstly domestic investment banks should optimize the capital structure and the scale expansion by proper financing arrangement.

本文对我国投资银行业的产业绩效进行了实证检验：市场结构、行业规模以及市场总体收益率对行业的利润率具有很强的解释能力，从影响的相对水平来看，集中度的影响要大于市场收益的影响，同时，规模的影响与集中度、市场收益的影响相反；同时，基于规模经济的横截面分析表明，我国投资银行业的经济规模与其绩效之间还不存在明显的关系；而且，我国投资银行业总体上经营范围狭窄，业务内涵单一，在收入构成上过分依赖于传统的三大业务，也远远没有发挥出行业的范围经济优势。

From some theories, especially the theory of marginal industrial expansion, we can learn the motive of Japanese direct investment in China. On the basis of the motive, The essay analyzes some investment strategy, such as, export - process - basis type strategy, market - merge type strategy and so on. In the third part, it analyzes the decision process of Japanese direct investment in China, the psychal behavior characteristic of investment, also the confirmation of region . Futhermore, it analyzes the direct investment of Japanese in detail. The fourth part is the relationship between Japanese direct investment in China and China - Japan trade. The datum of theory and practice explain that Japanese direct investment in China promotes bilateral trade and improves the trade structure.

从理论上，尤以小岛清的边际产业扩张理论为重点，说明日本对华直接投资的动机，并按动机把日本对华直接投资的战略类型如出口加工基地型、市场参与型等战略作了分析；第三部分：论述日本对华直接投资的决策过程，日本企业的投资心理行为特征以及投资区位的确定等，并且较为具体地分析日本中小企业的对华直接投资；第四部分：日本对华直接投资和中日贸易的关系。

To further enhance the local scientific and technological innovation capability and improve the effectiveness of local government investment in science and technology, use the local government investment in technology rollingly, expanding the local government investment in science and technology channels, This study will use the theory of public goods and theory of public choice, with the current system, development background, discuss the cause of scientific and technological input of local government reform, aggregate the experiences and lessons from local government investment in science and technology in recent years, study the reform ideas of local government investment in science and technology in the new situation In the way of reform ideas, and proposed the concrete measures and run programes for the establishment of new mechanisms of local government investment in science and technology ,to provide theoretical preparations, options and decision-making for the reform of local government investment in science and technology.

为了进一步增强地方科技创新能力，提高地方政府科技投入的效能，滚动使用地方政府科技投资，拓展地方政府科技投入渠道，本文将利用公共物品理论、公共选择理论，结合当前的体制、发展背景，探讨地方政府科技投入方式改革的动因，总结近年来地方政府科技投入方式改革的经验教训，研究新形势下地方政府科技投入方式改革的思路，提出建立地方政府科技投入新机制的具体措施和运行方案。为地方政府科技投入方式改革提供理论准备、备选方案和决策参考。

I was up all night because I was in pain, she said.

我整夜，因为我在疼痛，她说。

A crow caws /craoks.

乌鸦叫。 51-论文网