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States Securities analyst Zhang Xiang told the chief strategy "investors" correspondent, in the third quarter of QFII's favor is not a cyclical industry, but is expected to be the industry's adjustment cyclical win the leading companies, such Leading enterprises in the short term will continue to fall, but have long-term investment value, QFII can put up with this short-term decline in real estate, for example, after the market out, the resources to focus on leading enterprises in the QFII It seems that now is the distribution of long-term A good opportunity.

美国证券分析师张香告诉首席战略"投资者"，记者在QFII的青睐第三季度，不是一个周期性的行业，但预计该行业的周期性调整，赢得了领先的公司，如龙头企业在短期内将继续下降，但长期投资价值，合格投资者可以忍受这短暂房地产长期下跌，例如，退出市场后的资源集中于它的QFII的龙头企业看来，现在是长期分配长期一个很好的机会。

This dissertation reviews systematically the research on term structure at first, including hypothesis of term structure formation, methods of estimating term structure, dynamic behavior of interest rate, principal component analysis of term structure, dynamic models and methods of estimating these models.

论文首先对国内外有关利率期限结构的研究进行了比较详细的介绍，包括利率期限结构形成理论、静态估计方法、利率变动的行为特征和主成分分析、利率期限结构动态模型及估计方法。

Article 13 The term "a medium-and-long-term international commercial loan" mentioned in these Measures refers to an international commercial loan with a term of more than one year, including a usance letter of credit with a term of more than one year.

第十三条本办法所称"中长期国际商业贷款"是指1年期以上（不含1年）的国际商业贷款，包括1年期以上的远期信用证。

Subsequently, through the dynamic mechanisms of investment, the endogenesis of price, consideration of the resource constraints and the alternativity between productive factors, this paper completed the historic simulation to update key data, then built the closure criteria for baseline simulation, combined the dynamic recursive methord, finally assessed the long-term impact for member states in terms of policy changes under 4 scenarios. Different to the analysis from perspective of comparative static, the assessment of long-term economic impact was started from the macroeconomic point of view and import and export trade to reflect the relationship between short-term influence and long-term impact under 4 kinds of possible policy changes.

首先从CGE模型传统的比较静态的框架下，就GDP、贸易规模、双边贸易、贸易结构及产出水平、国民福利等方面来阐释各政策情景产生的冲击效果；然后通过投资动态机制与价格的内生化，考虑资源限制及生产要素间的替代性，以逐年递归动态求解方式，分国别从宏观经济、进出口贸易角度出发，对于成员国在政策变动后可能产生的远期影响进一步做出评估，以此来反映各种可能的政策变动对成员国经济的短期影响与长期影响之间的关系。

This paper presents the portfolio selection problem of two-attribute money and creates a model of portfolio selection based on two-attribute money, which can both contain the existing portfolio models and overcome the above-mentioned deficiencies. A series of new concepts is put forward, such as, holding wealth, obtainable wealth, short-term utility function, short-term expectation-variance utility function, state-expectation-variance utility function, short-term expectation-variance utility curve, long-term expectation-variance utility curve, margin utility contribution force, additional contribution force, profit-risk exchange rate and optimal portfolio expansion curve; The state-expectation-variance analytical method is developed from the expectation-variance analytical method; A set of systematic theories concerning two-attribute portfolio selection is thus established.

本文提出了两属性货币的证券组合选择问题；创建了既能包含现有证券组合选择模型又能克服上述两点不足的两属性证券组合选择模型；提出了持有财富、可获财富，短期效用函数，短期期望—方差效用函数、状态—期望—方差效用函数，短期期望—方差效用曲线、长期期望—方差效用曲线，边际效用贡献力，附加贡献力，收益—风险替换率，最优证券组合扩展线等一系列新概念；把期望—方差分析方法发展成状态—期望—方差分析方法；建立了两属性证券组合选择模型的一套系统的理论。

The research of this paper includes three parts: the first, according to the statistical figures about the cargo transport in recent years, it analyzes cargo transport structure and the changing law and the internal reason of cargo transport. At the same time it analyzes and calculates the change of the arriving ships" structure for a systematic and full understand of the transport demands. The second, it make a scientific forecast of the port"s future cargo capacity making use of the grey forecast system, which provides scientific basis for medium-long term development plan of the ports cargo handling capacity. It also makes some analysis and research for medium-long term development future of Zhangjiagang port in use of physical unit analising technique, looks for the scattered no-order and no-system reason of medium-long term development. On the basis of summarizing their experience, the article adopts physical unit model to make a comprehensive judgement. It has distinctive opinion of value in accord with scientific principles for medium-long term development of Zhangjiagang port.

本文研究的工作主要分三个部分：第一，根据张家港近年来有关货物运输的一些统计数据，对货物运输的结构和规模演变的规律及内在原因作一剖析，同时对到港船舶的结构变化进行预测，以求对运输需求有一个系统全面的了解；第二，应用灰色预测系统对张家港港未来港口货运吞吐量进行科学预测，为张家港港货物装卸能力规划提供科学依据；应用物元分析技术对张家港港口的未来发展前景作出一定程度的分析、研究，找出张家港港口未来发展规划的零散无序、不成系统的因素，总结前人经验的基础上采用综合评判物元模型进行评判，在预测港口未来发展规划是否科学实际上具有独到见解。

By comparison of long-term exposure with long-term immersion, the release amount of ammonium, nitrite, nitrate and dissolved phosphorus into the overlying waters from the sediments were increased during the reflooding after long-term dessication, reflecting that long-term exposure stimulated sediments as a releasing source of nutrient and accelerated the biogeochemical cycle of nutrient in the tidal flat ecosystem.

通过对比分析发现，长期暴露之后能够增加沉积物向上覆水体释放NH〓-N、NO〓-N、NO〓-N和TDP，显示了长期暴露加剧了沉积物作为营养盐的源效应，并且加速了潮滩生态系统内营养盐的生物地球化学循环过程。

COMPOSITE CORPORATION Balance Sheet 20X1- 20X2 (in $ millions) Assets Current assets: Cash and equivalents Accounts receivable Inventories Other Total current assets 20X2 $140 294 269 58 $761 20X1 $107 270 280 50 $707 Liabilities and Stockholder's Equity Current Liabilities: Accounts payable Notes payable Accrued expenses Total current liabilities 20X2 20X1 Fixed assets: Property, plant, and equipment $1,423 $1,274 -550 -460 Less accumulated depreciation Net property, plant, and equipment 873 814 Intangible assets and other 245 221 Total fixed assets $1,118 $1,035 $213 $197 The assets are listed in order 50 53 by the length of time it223 205 normally would take a$486 $455 firm Long-term liabilities: with ongoing operations to $104 Deferred taxes $117 Long-term debt 458 convert them into cash.471 $562 Total long-term liabilities $588 Stockholder's equity: Preferred stock $39 $39 Common stock ($1 per value) 55 32 Capital surplus 347 327 Accumulated retained earnings 390 347 Less treasury stock -26 -20 Total equity $805 $725 Total liabilities and stockholder's equity $1,879 $1,742 Clearly, cash is much more liquid than property, plant and equipment.

Total assets $1，879 $1，742 美国联合公司的资产负债表美国联合公司资产负债表 20X2 和20X1 (单位：百万单位：单位百万)资产流动资产：现金及现金等价物应收帐款存货其它流动资产合计固定资产：财产，厂房和设备减：累计折旧财产，厂房及设备净值无形资产及其它资产固定资产合计 20X2 $140 294 269 58 $761 20X1 $107 270 280 50 $707 债务负债债务和股东权益债务流动负债： 20X2 20X1 资产排列的顺序是根据在通$213 $197 应付帐款 50 53 应付票据常情况下企业持续经营将资205 223 应计费用$486 $455 流动负债合计产转化为现金所需要的时间长期负债：长度。长度。显然，现金比财产，厂房，显然，现金比财产，厂房，设备等的流动性要强得多。设备等的流动性要强得多。

Secondly, in this study, China's staple food demand is offered to have both long-term and short-term stability, and it fits the "best linear unbiased estimator", goodness of fit , hence it is predictable and has long-term developing co-relation--the rise of food consumption causes the rise of food price and the increase of food consumption stimulate the increase of income.

实证结果发现：中国粮食长、短期发展具稳定性、最小变异线性不偏估计式(best linear unbiased estimator，BLUE)、有配适性且残差变异数齐一，亦无自我相关性、故具可预测性与长远发展关系，乃粮食消费增加，刺激粮食售价的攀升；粮食消费量增加，刺激所得增加。

As a long-term bath to treat protozoal diseases in a separate tank: add 1 capful (6ml) per 10 gals (38l) for 1 hour short-term bath. Then transfer them to a long-term bath for 10 days,using half the dosage.

为有病的生物进行长期的消菌浴：在一个缸内每38升水加1瓶盖（6ml），浸1小时，然后再将他们放入另一个缸，只使用一半的剂量，浸10天。

Green function defined inphase space differs from one in coordinate space by its struc-ture which exhibits nonlocatity in coordinates and oscillatorybehavior with respect to momenta.

在相空间中定义的Green函数不同于通常坐标空间的Green函数，在结构上显示出对坐标的高度非局域性，而对动量则显示出振荡行为。

The upper front part of a saddle;a saddlebow.

前鞍桥马鞍前面的上部分；前鞍桥