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Compared with the second quarter, the company holds a market value of the Fund's top 18 real estate shares, from holding a number of the total equity ratio side, there are seven companies the proportion of fund holders has increased, which substantially increased the number of Financial Street 9.27 percentage points, OCT A, Zhangjiang Hi-Tech Park, China Merchants real estate, HUAFA shares Poly Real Estate's five increases in the proportion held by the Fund 2.56%-6.84%, and Yunnan City vote a slight increase of 0.52 percentage points.

与第二季度相比，公司拥有由持有占总股本比例方数量的基金榜前18位的房地产股票的市场价值，有7家公司的基金持有比例有所增加，这大大增加了金融街9.27个百分点，10月甲，张江高科技园区，中国招商地产，华发股份保利地产的五个基金2.56％-6.84％的比例进行的增加，云南省城市投票人数为0.52个百分点，略有增加。

A real estate sales manager, said in Chengdu, real estate has not yet pose a real problem.

房地产销售经理说，在成都，房地产还没有构成真正的问题。

I developed the ecological fish production and furniture are the perfect combination of trendy accessories, the Eco-murals using real fish, real grass, real crystal clear water at the aquarium to create a eco-water environment, breaking the traditional aquarium tank production technology and formation, flying directly in the wall, she is a simple and elegant look, beautiful decoration fashion boutique.

我公司开发生产的生态鱼缸是和家具完美结合的新潮装饰品，该生态壁画用真鱼、真草、真水在晶莹剔透的水族箱中营造出生态水环境，突破了传统柜式水族箱制作的工艺和形成，直接悬挂于墙上，她是外观古朴典雅，美丽动人的时尚装饰精品。

Flat-nosed people are "hard life even buy houses", they did not know what is "real estate bubble"; experts and scholars to understand the bubble, according to China's housing prices and people's income ratio is much higher than international standards, there are is the vacancy rate in international comparison; but officials know how to "bubble" What does it mean, it never recognized the bubble, one that the Chinese have different national conditions, strokes and win one hundred strokes, is the so-called "the nation is a basket, what can be fitted inside" and second that different statistical data, you have your vacancy rate, and I have mine vacancy rate, the three said that even if there is also a partial bubble bubble, should not in addition to all; the most optimistic real estate developers, think China's real estate is in a the rapid development stage, there is no bubble in the shadow, the most credible, because recognition of the bubble, not only means that the property market even if it does not collapse, will be handover to the purchaser rational, but also may lead to credit crunch, such drastic things themselves No one dry, unless he is stupid.

平头的人&硬生活甚至买房子&，他们不知道什么是&房地产泡沫&；专家和学者了解泡沫，根据中国的住房价格和居民收入的比例远远高于国际标准，有是的是空置率国际比较；但官员知道如何&泡沫&是什么意思，它从来不承认泡沫，一个是中国国情不同，中风和赢得100杆，是所谓的&国家是一个篮子里，有什么可安装在&第二，不同的统计数据，你有你的空置率，和我有我的空缺率，三说，即使有也是局部泡沫泡沫，不应除了所有；最乐观的房地产开发商，认为中国的房地产正处于快速发展阶段，没有泡沫的阴影中，最可信的，因为承认了泡沫，不仅意味着楼市即使不垮，将移交给买受人合理，而且还可能导致信贷紧缩，如此激烈的事情本身，没有人干的，除非他是愚蠢的。

Aiming at irregularity of a real fracture surface or a real crack profile, applying Griffith's criterion and fractal geometry, the real asymptotic expression at the crack tip is developed, and it is discovered that the fractality of the crack reduces the stress singularity at the crack tip.

5针对实际断裂面或裂缝的不规则性，利用Griffith能量平衡原理及分形几何，推导了裂缝尖端实际应力场和位移场的表达式，研究发现，裂缝的分形性减小了裂缝尖端应力的奇异性。

NPAs can be classified financial NPAs and economic NPAs according to their original causes. Financial NPAs are originated frorn the fictitious nature of NPAs and the relatively independent movement of NPAs. The financial bubble or loss is the gap between the price of financial assets and the value of their corresponding real assets. The economic NPAs are resulted from devaluation of corresponding real assets, and the economical bubble or loss is the gap between the face value of the financial assets and the value of their corresponding real assets.

不良资产按其形成于内因还是外因，分为金融性不良资产和经济性不良资产，金融性不良资产是由于金融资产本身的虚拟性以及金融资产自身相对独立运动形成的，相应的金融性泡沫或损失是金融资产的价格超过与其对应的实际资产的名义价格部分；经济性不良资产是经济原因导致的对应实际资产贬值而形成的不良资产，经济性不良资产的泡沫或损失是对应实际资产价值低于金融资产帐面原值部分。

China's stock market, real estate enterprises by listing the number of years divided into two categories, namely, the Asian financial crisis before the listing of a number of land development the main policy-related real estate industry enterprises, and in 1999 listed so far to various types of residential development of consumer-driven real estate enterprises, the former representative of Lujiazui, deep gold, the深深房and so on, the latter on behalf of for payment to the Group, including shares in the reorganized Shimao.

中国的股票市场，房地产企业上市的年数分为两类，即亚洲金融危机之前上市的一些土地开发的主要政策有关房地产行业的企业，并于1999年上市至今各类住宅发展的消费驱动的房地产企业，前代表陆家嘴，深金，深深房等，后者代表的支付给集团，包括股票在重组世茂。

First half of this year the stock market is not satisfactory, thus many people to join the real estate funds, the real estate investment has become the most popular this year, Fuzhou one of investment products, the objective is also to stimulate the real estate development.

今年上半年，股票市场是不能令人满意的，因此许多人加入房地产基金，房地产投资已成为最流行的，今年，福州的投资产品之一，其目的也是为了刺激房地产发展。

For government departments, the real estate and real estate finance on the one hand, would like to emphasize the development of hand and we should guard against risk (reflected in the document on the 18th that "the development of housing credit business and guard against financial risks in real estate "); As for the documents bear the level of developers and commercial banks, its mentality and will reflect much more subtle and complex.

房地产信贷风险，有多少的政府部门，房地产和房地产金融，一方面，要强调发展的另一方面，我们应该防范风险（反映在该文件于18日指出，&发展住房信贷业务和防范金融风险的房地产&）；至于该文件承担的开发商和商业银行，其思维方式和将反映更为微妙和复杂。

For government departments, the real estate and real estate finance on the one hand, would like to emphasize the development of hand and we should guard against risk (reflected in the document on the 18th that "the development of housing credit business and guard against real estate financial risks "); As for the documents bear the level of developers and commercial banks, its mentality and will reflect much more subtle and complex.

的政府部门，房地产和房地产金融，一方面，要强调发展的另一方面，我们应该防范风险（反映在该文件于18日指出，&发展住房信贷业务和防范房地产金融风险&）；至于该文件承担的开发商和商业银行，其思维方式和将反映更为微妙和复杂。

On the other hand, the more important thing is because the urban housing is a kind of heterogeneity products.

另一方面，更重要的是由于城市住房是一种异质性产品。

Climate histogram is the fall that collects place measure calm value, cent serves as cross axle for a few equal interval, the area that the frequency that the value appears according to place is accumulated and becomes will be determined inside each interval, discharge the graph that rise with post, also be called histogram.

气候直方图是将所收集的降水量测定值，分为几个相等的区间作为横轴，并将各区间内所测定值依所出现的次数累积而成的面积，用柱子排起来的图形，也叫做柱状图。