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Aiming for the investment system and the principle of capital formation, this article discusses the developing direction of the capital system and the drawback of the system nowadays with reference of national conditions, and believes that it need a process to transform the company capital system and that abasing the capital volume and multiplying the investment form is a irreversible trend.

针对出资制度和公司资本形成制度两方面论述资本制度改革的发展方向，以资产信用制度为笔者观点和中心理念，结合我国国情论述现今制度所带来的弊端，认为改变公司资本制度需要一个的过程，降低资本额的尺度和出资多元化发展趋势。

Aiming for the investment system and the principle of capital formation, this article discusses the developing direction of the capital system and the drawback of the system nowadays with reference of national conditions, and believes that it need a process to transform the company capital system and that abasing the capital volume and multiplying the investment form is a irreversible trend.

本文针对出资制度和公司资本形成制度两方面www.sSbbww.com论述资本制度改革的发展方向，以资产信用制度为笔者观点和中心理念，结合我国国情论述现今制度所带来的弊端，认为改变公司资本制度需要 sSbBwW.cOm 一个的过程，降低资本额的尺度和出资多元化发展趋势。

Aiming for the investment system and the principle of capital formation, this article discusses the developing direction of the capital system and the drawback of the system nowadays with reference of national conditions, and believes that it need a process to transform the company capital system and that abasing the capital volume and multiplying the investment form is a irreversible trend.

本文针对出资制度和公司资本形成制度两方面论述资本制度改革的发展方向，以资产信用制度为笔者观点和中念，结合我国国情论述现今制度所带来的弊端，认为改变公司资本制度需要一个的过程，降低资本额的尺度和出资多元化发展趋势。

Aiming for the investment system and the principle of capital formation, this article discusses the developing direction of the capital system and the drawback of the system nowadays with reference of national conditions, and believes that it need a process to transform the company capital system and that abasing the capital volume and multiplying the investment form is a irreversible trend.

本文针对出资制度和公司资本形成制度两方面论述资本制度改革的发展方向，以资产信用制度为笔者观点和中心思念，结合我国国情论述现今制度所带来的弊端，以为改变公司资本制度需要一个的过程，降低资本额的尺度和出资多元化发展趋势。

Aiming for the investment system and the principle of capital formation, this article discusses the developing direction of the capital system and the drawback of the system nowadays with reference of national conditions, and believes that it need a process to transform the company capital system and that abasing the capital volume and multiplying the investment form is a irreversible tr

本文针对出资制度和公司资本形成制度两方面论述资本制度改革的方向，以资产信用制度为笔者观点和中心理念，结合我国国情论述现今制度所带来的弊端，认为改变公司资本制度需要一个的过程，降低资本额的尺度和出资多元化发展趋势。

Aiming for the investment system and the principle of capital formation, this article discusses the developing direction of the capital system and the drawback of the system nowadays with reference of national conditions, and believes that it need a process to transform the company capital system and that abasing the capital volume and multiplying the investment form is a irreversible trend.

本文针对出资制度和公司资本形成制度两方面论述资本制度改革发展方向，以资产信用制度为笔者观点和中心理念，结合我国国情论述现今制度所带来弊端，认为改变公司资本制度需要一个过程，降低资本额尺度和出资多元化发展趋势。

A effective financial system is beneficial to risk trading, avoiding, disassembling, and is easy for market individual to get the information about investment and allocating which accelerate social capital mobilization, accumulating and converting to long-term industrial capital from scattered small capital. The valid price system of financial instrument inflecting real economy accurately promote finance capital's flowing and allocating among social sector and region.

有效的金融体系有利于风险交易、风险规辟、风险分解和各交易主体的风险分担，同时市场化的融资机制有助于获得更多有关投资和资源配置的信息，这都大大加快了在经济发展中对社会资本的动员、积累以及有效转化，使分散零星的小额资本转化为大规模的长期产业资本，同时，证券化金融产品具有的灵敏、有效的价格信息，反映了实体经济真实情况，进而引导金融资本在各产业、部门间实现有序流动、合理配置。

The state encourages foreign-invested enterprises, for those that newly added registered capital from subjoined investment has reached or has outreached 60,000,000 US Dollars, or newly added registered capital has reached to or outreached 15,000,000 US Dollars which has exceeded 50% than the original registered capital, the income gained from newly added registered capital may be calculated independently and enjoy the preferential business income tax policy of 2-year tax exemption and 3-year half-collection regularly.

国家鼓励类外商投资企业，追加投资形成的新增注册资本达到或超过6000万美元，或者新增注册资本额达到或超过1500万美元，且超过企业原注册资本的50%的，其新增注册资本所取得的所得，可单独计算，定期享受两年免征、三年减半征收的企业所得税优惠。

Based on the theory of eclectic paradigm of internationalproduction and the analysis of indispensable conditions for investment, this paper indicatesCNOOC's advantages in foreign direct investment. Making use of the method of combiningtheories with physical, combining investment cases of SINOPEC, CNPC and ONGC, upon theanalysis of process and pace relationship in oversea expansion, investment mode, investmentlocation, investment domain, capital source and capital form, it suggests the issues those shouldbe taken into account for investment strategy, including recognizing the relationship betweenreward and development pace, the priority in investment mode selecting, pluralizing of oil sourcesupply, upstream business investment philosophy, all forms of financing channels, and theproportion of non-fund capital in investment capital forms.

最后运用理论与实际相结合的方法，结合中石油、中石化以及印度石油天然气总公司的投资案例，从海外发展的进程与速度、投资方式、投资区位、投资领域、资本来源以及投资出资物等 6 个方面进行分析，提出中海油今后在确定投资战略时应该注重以下几个问题：要重视发展速度与效益的关系；在三种投资方式中，首先考虑通过收购优良资产获得油气储量，其次要与国际大公司合作进行风险勘探，最后要谨慎对待公司并购；选择投资区域时，首先要巩固现有的亚洲资产，其次要重视对其他地区的研究与尝试，实现油源供应的多元化；对海外的投资要长期致力于上游领域；融资方式要多元化；要注重除资金外其他的资本形式在投资出资物中的比重。

First, the source of venture capital is single; second, the scale of venture capital is too small; third, institutions and enterprises of venture capital are not perfect; fourth, there is no benefit-balance mechanism between the institution and enterprises; fifth, the channels of seceding for venture capital are not kind.

通过研究，发现我国风险投资运行中主要存在以下问题：风险资本规模太小，来源单一，风险投资机构不成熟，风险企业不完善，在风险资本提供者、风险投资机构和风险企业之间还没有形成合理的利益平衡机制，风险资本退出渠道不畅。

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。