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What's more the relations between different asset are classified to three groups which are the fundamental-derivative relation、the cross sectional relation and the comprehensive relation, on basis of which the asset pricing anomalies are classified individually to different groups.(2)The price model of the capital asset is constructed trailing the path of the asset value's incrementing and transferring. And then a three–factor model is established which can be utilized by the empirical researches. Concretely, under the capital chain, we conclude the relation between the stocks and the corporate assets is a fundamental-derivative one and the research object is the capital asset under the capital chain.

具体而言，本文在资产链的角度下分析股票和公司资产之间的"基础—衍生"关系，明确了本文的研究对象为资产链下的资本资产；建立了公司资产的价值，将公司资产和其基础资产公司的财产联系了起来，构造了资产链上第一个节点——公司资产的价值；将公司资产和资本资产进行了关联，在考虑公司资产变为资本资产的流动性增值后，建立了资本资产的价格模型；在前文资本资产价格模型的基础上进行了收益分解，基于此引入了具有长中短不同决策周期的三类投资者，在存在无风险资产和不存在无风险资产两种情况下分别建立了可用于实证的三因素模型。

The capital operation of state-owned enterprises includes three aspects: the internal capital accumulation, the crosswise capital gathering and the socialized capital control.

国有企业资本营运包括三个方面的内容：资本的内部积累、资本的横向集中、资本的社会化控制。

Just had told, the capital gain rate of household company, capital drives rate and capital obtain employment to lead ten times be state-owned company, the number of foreign capital the same term is decuple.

刚刚讲过，家族企业的资本盈利率、资本推动率和资本就业率都是国有企业的十数倍，国外资本同期的数十倍。

Fictitious capital experienced four periods during its formation and development,investing loans, initial security investment, security capital investment and derivative,investment and developed step by step. The formation of the fictitious capital anddevelopment is not only the development of the fictionalization of the investment, butalso the multiple expansion of the investment. In this course, fictitious capitalsachieve its social value and became a social capital.

虚拟投资伴随着虚拟资本的形成和发展经历了投资性贷款——原生证券投资——证券化资产投资——金融衍生品投资四个阶段而逐渐发展起来，它的形成和发展过程是投资虚拟化不断发展和深化的过程，是虚拟资本倍乘式地扩张的过程，也是虚拟资本走向社会价值和社会资本的过程。

As for the outflow of human capital, the higher level of human capital, the lower possibility of returning as countryside owing to the frailness of agriculture and the inherent wage disparity between urban and rural areas. That is that this flow way of the rural human capital, generally is a state of unidirectional loss or net loss, which leads to an existence of serious"misplaced effect"in rural human capital investment.

对于流出去的人力资本来说，由于农业的弱质性以及城乡固有的工资差异，其人力资本水平越高返回农村的可能性越小，也就是说，农村人力资本的这种流动基本上呈一种单向流失和净流失状态，这就决定了我国农村人力资本投资存在着严重的投资收益"错位效应"。

One, the intellectual capital idea that Galbraith advances the meaning of intellectual capital above all, think intellectual capital is the activity of sex of a kind of knowledge, it is the capital of a kind of dynamic sex.

一、知识资本的含义加尔布雷思首先提出的知识资本概念，认为知识资本是一种知识性的活动，是一种动态性的资本。

At the same time the author diagnoses the Hongdu Aviations strong partiality for equity capital financing and lack of debt capital financing, low capital profitability and efficiency of capital utilization, inadequateness in its corporate governing structure and unimproved revenues.

立足于我国航空工业上市公司资本融资结构改革的实践，借鉴现代企业资本融资结构理论以及财务管理理论等相关理论成果，采用规范与实证相结合的分析方法，对江西洪都航空上市公司股权资本融资结构与负债资本融资结构改革实践进行考察与分析，并认为该公司自上市以来企业资本融资结构改革取得了很大成效；但是目前仍存在股权资本融资偏好强烈、负债资本融资不足、资产盈利能力不强、资金使用效率不高、经营业绩尚未改善、法人治理结构不尽合理等问题。

The South Korean government officially announced the new administrative capital of South Korea initial Xindu address the circumstances surrounding the South Korean capital Address Why is the world capital influx of South Korean capital Dream roundness

韩国政府正式公布新行政首都地址韩国初定新都地址的来龙去脉韩国迁都为哪般世界迁都潮韩国迁都梦不圆

After reforming and opening of our country, although our High-Tech Industry and capital market have been developing quickly, the system arrangement of inosculation and fine mutual action of capital market and High-Tech Industry still exists prodigious limitation and deficiency. So the study on system arrangement about supported system of capital market has quite important values to advance High-Tech Industry development as well as capital market development of our country.

改革开放以来，我国高新技术产业和资本市场虽然都取得了较快的发展，但高新技术产业与资本市场融合并获得良性互动的制度安排还存在很大的缺陷和不足，因此，研究我国高新技术产业发展的资本市场支撑体系制度安排对加快推进我国高新技术产业和资本市场发展具有十分重要的作用。

Furthermore, it is researched into the intercorrelation mechanism of mutual affect between the three macro-factors and human capital evolution respectively.The effect and influence of factors on human capital was analyzed during the process of human capital flow between industries and regions by the core-periphery model of introducing human capital variable.

在探讨城市集聚背景下人力资本的历史演变的基础上，抽象出对人力资本演变具有关键作用的三个关联影响因素即产业集聚、知识集聚和制度因素，分别从这三个宏观因素出发剖析其与人力资本演变的相互影响及作用的关联机制。

The shaping method of noncircular part and the tool holder's radial motion characters in noncircular turning process are discussed in detail in the thesis.

论文详细研究了非圆零件的成型方法和加工过程中刀架的径向运动规律。

I have not really liked him,I do not like his this kind of disposition.

我没有真的喜欢他，我不喜欢他的这种性格。