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Firstly, this paper analyzed the finance conditions around real estate industry, and then discussed problems exiting in real estate business financing and abuses about current financing policies based on financing theories, studied real estate business financing instruments involving bank loan, issuance of stocks, issuance of bonds, and real estate affiance.

本文首先分析房地产业所处的金融环境，依据融资理论的指导，探讨房地产企业融资存在的一些问题和融资政策方面的弊端，研究房地产企业融资工具，考察银行贷款、发行股票、发行企业债券以及房地产信托方式，旨在寻找适合企业自身条件的融资方式，拓宽企业融资渠道，改善企业融资结构。

Namely, based on proper increment corresponding to national economic development, total land supply and city plan shall be controlled, capital financed shall be in line with real estate increment, at same time, real estate taxation policies shall also be adopted in order to choke back the speculation in real estate market and guarantee the prosperous of real estate market.

即在与国民经济协调发展的合理增量的指导下，进行土地供应的总量控制和城市规划指导，实行控制与房地产增量相对应的融资总量的金融政策，为了抑制房地产市场中的投机行为，促进房地产业的长期繁荣，还需要执行房地产保有税税收政策。

It is learned that China's commercial real estate development there are still a number of shortcomings, one of which is the development of the concept of the blind, and some commercial real estate development companies inaccurate positioning of the project, the development of the commercial format is not clear, there is no sequence, such as investment management plan, which led to the development of real estate projects follow-up can not keep up; Second, the existing part of the commercial real estate development enterprises are engaged in housing construction origin, the former in order to sell an end in itself, is an obvious short-term business; while the latter is obtained through the lease operators for the purpose of long-term returns, the differences between the two was not by a clear understanding of corporate decision-makers, at the same time affected the design and planning until the latter part of the management and many other links.

据了解，中国的商业房地产的发展仍然存在着一些缺点，其中之一是发展的概念的盲人，和一些商业性房地产开发公司的定位不准确的项目，发展商业形式目前尚不清楚，也没有序列，如投资管理计划，这导致房地产开发项目的后续行动跟不上，二是现有的部分商业房地产开发企业从事住宅建设出身，前者以销售本身就是一个目标，是一个明显的短期业务；而后者则是通过租赁运营商的目的是长期回报，两国之间的分歧不是由一个清楚地了解企业的决策者，同时影响了设计和规划直至后期的管理和许多其它联系。

In Chapter Three of Real Rights,"real rights protection" declaratively regulates several types of claim of real rights which have substantial significance. From the angle of the law, it marks the establishment of the system of claim of real rights in China, which has theoretical value and practical connotation.

我国《物权法》在第三章"物权的保护"中已宣示性地规定了几种具有实质意义上的物权请求权类型，它标志着我国物权请求权制度在立法上的最终确立，极具理论价值和实践意蕴。

This paper researches the application of real estate securitization using in city renewal with the swot method, then discusses the latest development of real estate securitization——the operation pattern of exploitage real estate securitization, and puts forward some suggestions in real estate securitization promoting city renewal.

本文首先利用swot分析法研究不动产证券化在城市更新中的应用，然后探讨不动产证券化的最新发展类型——开发型不动产证券化的运作模式，最后对我国利用不动产证券化促进城市更新提出政策建议。

The attitude that we hold to the fictitious capital development should be that: the development of the real economy is the kernel of Chinese economic development, we should satisfy the needs of the development of the real economy better through expanding the quantity and categories of the fictitious capital appropriately; we should pay attention to harmonizing the dialectical relation between fictitious capital and the real economy, so that we can make use of the positive effect of the fictitious capital to the real economy, and prevent the harm that may caused by fictitiousness and capital character of the fictitious capital.

我们对虚拟资本发展的态度：以实体经济的发展作为中国经济发展的核心，通过适度发展虚拟资本的种类和数量来更好地满足实体经济发展的需要；注意协调好虚拟资本与实体经济的辨证关系，发挥虚拟资本市场促进实体经济发展的积极作用，并始终警惕虚拟资本的虚拟性和资本性可能造成的危害。

Since CGH is not real-time available,many scholars are studying the real-time applications of CGH with modern display devices, such as liquid crystal display, The applications include, real-time pattern recognition using liquid crystal display based joint transform correlator, CGH interferometric technology for anti-counterfeiting, and real-time application of Furrier transform CGH.

但由于存在不能实时实现的弱点，许多学者用现代显示器件进行了计算全息实时应用研究，如：光学联合变换滤波器图像识别技术，实时计算全息干涉防伪技术，傅里叶变换实时全息图应用。

If July internationally renowned real estate fund management institutions Shengyang real estate fund with U.S. Homy Fund groups signed a 200 million U.S. dollars fund management framework, the Group commissioned by Homyfund Shengyang real estate fund in China real estate investment and management, commissioned by the Investment Management Fund is typical pattern.

如7月国际著名房地产基金管理机构盛阳地产基金与美国HOMY FUND集团签署了2亿美元的基金委托管理框架协议，由HOMYFUND集团委托盛阳地产基金在中国进行房地产投资和管理，这是基金委托投资管理模式的典型案例。

For the incompliant lending patterns mentioned above, on commercial banks part, improving the management and business technique will reduce, or even eliminate the incompliant behaviors in the pre-investigation process. From the Central bank and China Banking Regulatory Commission side, setting the inner network in the same industry, controlling the ratio of real estate loan, and enhancing the penalty to suppress the development of incompliant lending of real estate are effective ways to control risk. Fundamentally, the government should conduct the developer of real estate to search for the new financing mode to improve the stability and development, this might include some measures as follows: improving the liability financing structure of large real estate companies, develop the Reits and support its securitization to form the multi-financing.

对上述违规模式，从银行内部提高管理及业务水平方面，本文提出了针对性的风险防范措施，可有效地将违规的苗头扼杀在贷前调查过程中；从央行及银监会角度，可以通过建立同业信息沟通网络、严格控制房产信贷比重、加大违规惩戒力度等手段抑制房地产违规信贷的发展；而最根本的，政府应当引导房地产开发企业寻找新的融资渠道来促进房地产行业稳定和健康的发展，包括改善大型地产企业的债务融资结构、发展房地产投资信托基金及推动房产抵押证券化等方式形成房地产多元化融资的格局，这样，房地产违规信贷模式也就不攻自破了。

There exist many problems in present investment decision-making of real estate development based on real options,such as great errors of the existing methods,inexactness of pricing investment decision-making etc.A model for real options in real estate development investment decision-making based on artificial neural network is discussed.This model is realized by Matlab6.5 programming.

通过对房地产项目的特性分析，阐述了当前基于实物期权的房地产投资决策中存在的方法误差大、投资决策定价不准确等问题；探讨了一种基于人工神经网络的房地产开发投资决策实物期权定价模型，并通过M atlab6.5编程实现。

It has been put forward that there exists single Ball point and double Ball points on the symmetrical connecting-rod curves of equilateral mechanisms.

从鲍尔点的形成原理出发，分析对称连杆曲线上鲍尔点的产生条件，提出等边机构的对称连杆曲线上有单鲍尔点和双鲍尔点。

The factory affiliated to the Group primarily manufactures multiple-purpose pincers, baking kits, knives, scissors, kitchenware, gardening tools and beauty care kits as well as other hardware tools, the annual production value of which reaches US$ 30 million dollars.

集团所属工厂主要生产多用钳、烤具、刀具、剪刀、厨具、花园工具、美容套等五金产品，年生产总值3000万美元，产品价廉物美、选料上乘、质量保证，深受国内外客户的青睐