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However, emotionally speaking is somewhat extreme, China's stock market more than a decade the course of development, the contribution of individual and no one can, for all to see, the words "withdraw from the stock market is the retail capital market development trend," remarks rather过河拆桥, dumping ground to kill the taste of a donkey.

然而，情感上有点极端，中国股市十多年的发展过程中，个人的贡献，没有人可以对所有看到更多的，将&退出股市零售资本市场的发展趋势，&言论，而不是过河拆桥，倾销地杀死了一头驴的味道。

Firstly, we analysis the index of the money market by dynamic ways, then we set up the disequilibrium model of the money market. We adopt the method of VEC, contemporary we estimate the price adjust equation of the money market. The analytical results in this paper as follows: at present the money demand is greater than the money supply, and the disequilibrium gap trend enlarge gradually.

本文主要分析目前我国货币市场的非均衡状况，首先对货币市场相关指标进行动态分析，然后建立货币市场非均衡模型，采用的主要方法是误差修正模型，并估计货币市场的价格调节方程，通过对模型的分析和检验得出结论：我国目前货币需求量大于货币供给量，且非均衡缺口有逐渐扩大的趋势。

From the external market, in Monday's trading status in the Asia-Pacific stocks, as of yesterday evening, the European stock market decline also strong, surrounding the performance of the stock market is worrying.

从外部市场，在周一在亚洲的贸易地位亚太股票，截至昨天傍晚，欧洲股市下跌也很强劲，围绕股市的表现令人担忧。

As early a message assemble that affects the stock market with evening,"Stock market morning and evening signs up for " have pretty good seasonable sex, can be in mixed early 8:30 to Zhou Wu every week late 18 o'clock sharp, the stock market information feedbacked in time to have the user of relevant demand that day.

作为一个早间和晚间影响股市的消息荟萃，&股市早晚报&具有不错的及时性，会在每周一至周五早8点30分和晚18点整，将股市当天信息及时反馈给有相关需求的用户。

Arrived 1997 1999 is Stanford does poineering work the maddest when, agitato recollects Yang Ning, at that time the market prise at the summit of one's power of Yahoo, EBay also appeared on the market, 5 market prise have 3 in top firm the student that is Stanford and teacher establish.

1997年，杨宁来到有着创业传统的斯坦福大学攻读硕士。1997年到1999年是斯坦福创业最疯狂的时候，杨宁兴奋地回忆道，当时雅虎的市值如日中天，eBay也上市了，5家市值最高的公司中有3家（即雅虎、eBay、思科）都是斯坦福的学生和老师创办的。

As a sort of game rules, market plays a dual role in t ...更多 he process of latedevelopment countries'expansion process. On the one hand, market dissolves the identity problem of bargainers, and encourages the rise of inherent demand for equal and free interactions within the heart of transactors. On the other hand, market produces the new kind of power distribution, which might give birth to new kind of unfairness and compulsion.

市场作为一套游戏规则在后发展国家扩展过程中，一方面在消解交易者的身份，使得交易者内在要求平等、免于强制进行交易，另一方面又产生了新的权力分配，这种权力分配可能产生新的不平等以及强制。

The microenvironment of the enterprise is analyses, which includes the survey .advantage and disadvantage analysis of Tengen company. The strength of the company and the market of Tengen electrical apparatus are analyses by utilizing GE model. And the marketing situation in the future is forecast. The structure of Tengen electrical products is analysed and the situations of various kinds of products in market are analyses by means of Bostons matrix method. The marketing target of Tengen is presented by using subdivision principles to analyses the market of Tengen. The weak links of the company in the marketing are found through comprehensive analysis of the marketing situation of Tengen company. The counter meashres and advice in marketing are presented for Tengen company.

本论文共分六章：在第一章引言部分中对本论文的研究背景及意义，研究宗旨、目标及范围做了说明；第二章中对一些营销的基本理论做了总结回顾：第三章从企业的外部环境入手对低压电器市场的市场竞争、用户情况、国内外差距、政策问题、技术发展趋势做了分析；第四章对企业的内部条件做了分析，主要运用了SWOT分析法，另外运用波士顿矩阵法、GE模型对产品结构及公司在市场竞争中的实力情况做了分析；第五章根据前面的分析得出了企业应该制定歧异性的集聚战略；在战略的指导下，作者提出天正公司应该采取的几种竞争策略，如渠道策略、直接营销策略、关系营销策略、综合促销策略等；第六章中对论文做了简要总结。

The main contents are as follows: In chapter 1, systematic conclusions of intension and characteristic of sustainabledevelopment of real estate industry are made after the review of home and foreign research achievements; Chapter 2 analyzes status quo and trait of Chinese real estate industry in 2005, from views of investment, exploitation and sale, three parts of real estate industry, with the help of massive graphs, as well as elaborates main problems existing in real estate market; In chapter 3, the gambling thought is used to divide the developing process of Chinese real estate market into three phases, according to the change of main market participators and their behaviors; Finally, in chapter 4 and 5, a system with 72 indices in research on sustainable development of real estate industry in china is established, and theories of Catastrophe, Cosines Vector Included Angle, Entropy and CRITIC are applied to appraise the current situation of sustainable development of real estate industry in 31 provinces and cities in 2004, then the consistency test of appraisal results is carried out by Kendalls Coefficient of Concordance and Spearman Correlation Coefficient.

本文的主要内容如下：第一章在查阅大量国内外有关可持续发展理论、房地产业有关研究文献的基础上，评介了有关理论概念，并对房地产业可持续发展的内涵进行归纳、总结；第二章从房地产投资、开发和销售三个环节入手，结合大量图表，分析2005年中国房地产业的发展状况和特点，揭示我国房地产市场存在的主要问题；第三章利用博弈思想，根据市场参与主体及其行为的变化，将中国房地产市场的发展过程分为三个阶段；第四、五章构建了一个由72个指标构成的房地业可持续发展指标体系，利用突变评判法、向量夹角余弦法、熵值法和CRITIC法对2004年全国31个省市的房地产业可持续发展状况进行评价，并运用肯德尔和谐系数和斯皮尔曼等级相关系数对评价结果进行一致性检验。

Solar energy is a fast growing market and the forecast of Solar Crucibles is very brilliant in both domestic market and oversea market. The turnover in 2007 was nearly CNY100 millions.

随着太阳能产业的快速增长，我公司方箱产品在国内外市场销售前景非常乐观。2007年销售额近1亿人民币。

This part Measures firms" size with market value of float shares, and divides each portfolio into quintiles and deciles to choose an appropriate grouping method. The second part divides the sample into two sub-samples to tests the different performance of "small firm effect" in two periods. The third part tests different performance of each month. The fourth part studies the "small firm effect" in five industries, the industry, the commerce, the public utilities, conglomerates and the properties, and uses Fame-Macbeth method to research "the small firm effect" in the different industries. The fifth part analyzes the reason why the "small firm effect" exists in China stock market referring to the western explanation about "the small firm effect and the character of China stock market. In the end, we provide some suggestion.

论文运用实证方法检验中国股市&小公司效应&的存在性，用流通股市值作为公司规模大小的度量，用五分组和十分组两种分组方法检验中国股市&小公司效应&的表现；把整个样本区间以2001年为界分为两个样本子区间，检验&小公司效应&在不同时间阶段的表现有何不同；分月检验&小公司效应&在不同月份的表现；把样本中所有上市公司按照行业分为五大类，工业类、商业类、公用事业类、房地产类和综合类，利用Fama-MacBeth法检验中国股市&小公司效应&在不同行业的表现；联系国外关于&小公司效应&存在原因的解释，结合中国股市的实际，分析中国股市&小公司效应&存在的原因，并提出了一些建议。

For a big chunk of credit-card losses; the number of filings (and thus charge-off rates) would be rising again, whether

年美国个人破产法的一个改动使得破产登记急速下降，而后引起了信用卡大规模的亏损。

Eph. 4:23 And that you be renewed in the spirit of your mind

弗四23 而在你们心思的灵里得以更新