不经济

We have so noble people. Elderships, we should use much more opening policy ,the reformational system and much more droit endow with our noble people.

我们有如此高贵的人民，阁下们，难道我们不应该用更开放的经济政策、体制改革回报我们的人民吗，难道我们不应该把更多的权力赋予我们的人民吗？

The urban state basic pension scheme relation to too many persons, right and responsibility in which is not explicit. These two reasons with some other historic and practical restrictiveness confine legislation of urban state basic pension scheme in China. Present rules couldnt adapt economic development in China.

由于城镇基本养老保险法律制度涉及的主体宽泛，权利和义务还不是很明晰，同时由于历史的和现实的多重因素作用，导致我国城镇基本养老保险立法工作严重滞后，城镇基本养老保险制度的建设不能适应我国新时期经济社会发展的需要。

Compared to other building materials including wood, solid steel plate, concrete structural member or aluminum product, the grating enjoys the following advantages: light, stong, economical and durable, slipproof, safe, transparent, ventilated, free of water and dust accumulation, easy for erection, wide in application, beautiful in appearance, fireproof and explosionproof.

它比起其它建筑材料包括木材、实心钢板、混凝土结构件或铝制品来说具有如下优越性：1。重量轻 2。强度高 3。经济耐用 4。防滑安全5。透光通风6。不积水、不积灰7。安装简便8。用途广泛9。外形美观10。防火防爆。

Therefore, it can be regarded as a great improvement of the investment decision-making theory and methods .This article makes a systematic research on real options theory and method and its application, including the following several main aspects:Firstly, it makes a detailed discussion about the common theoretical basis of financial options and real options, including no-arbitrage equilibrium principle, risk-neutral definition, complete market and dynamic tracking.Secondly, it analyze three basic characteristic of investment decision-making in modern market economic system: irreversibility, uncertainty and flexibility, and from the angle of their mutual quantitative and qualitative interactions, it makes a comparison between the traditional NPV methods and real options methods and makes a summary of the general analytical methods of real options.Thirdly, it discusses the all elements in the application of real options such as the ^leakages in value of real assets, basis risk, and private risk, and furthermore, it attempts to put forth a normalized strategy of its application and construct a basic framework of its application.Fourthly, it applies real options theory to strategetic investment of enterprises and the buy-out of company, putting forth a value model for strategetic investment program and making a concrete analysis of its application to buy-out. Furthermore, it advocates that a flexible investment decision-making system should be setup according to real options theory in our country.

本文对实物期权理论和方法及其应用进行了系统研究，主要内容包括如下几个方面：(1)详细讨论了金融期权和实物期权共同的理论基础，主要包括无套利均衡原理、风险中性定义、完全市场以及动态复制方法，对这些理论方法的探讨既是本文的出发点和基础，它们提供了研究实际应用实物期权的一个基准点，也是贯穿全文的线索和灵魂；(2)分析了现代市场经济体系中投资决策的三个基本特征即不可逆性、不确定性和时机选择，并从它们数量上和质量上相互作用的重要意义的角度，分析了传统的净现值法与实物期权方法的差异，指出了净现值法在不确定环境中存在的缺陷及实物期权处理投资灵活性的价值，并将净现值法纳入实物期权投资分析决策体系当中，总结了企业投资决策实物期权的一般分析方法；(3)探讨了实物期权应用中要考虑的各种要素，如实物资产的价值漏损、基差风险和非市场风险等，并进一步提出了实物期权应用的规范化策略和构建了一个实际应用实物期权方法的基本框架，尝试将期权的基本原理与企业在现实经济环境中投资决策的要素结合起来，从而可以在一定程度上超越期权的复杂的数学计算而汲取期权思想的精华，从而促进期权决策方法在实际投资决策中的应用；(4)将实物期权方法应用于企业战略投资，得出了战略投资项目的价值模型，指出可以将实物期权理论和方法应用于企业并购，分析了应用的具体方面，并提出应根据实物期权理论建立一套适合我国企业的灵活的投资决策系统。

At the same time the obligors share the mature aes suum they are unwilling to exert actively because of their self-interest, which damages the boligees interest and influences economic order.

而对于自己对第三人享有的到期债权，出于自身的某种私利又不积极地行使权利。以致拖欠债务长期不还，给债权人造成损害，使社会经济秩序的正常运行受到干扰和影响。

Because the economy globalization is an uneven and unequal process, developing countries will face many difficulties in the tade liberalization, such as worsen trade conditions, more trade conflicts, etc. So, how to handle the challenge and to better push the trade liberalization became an urgent problem for developing countries in the economy globalization.

由于经济全球化是一个发展不平衡与不平等的过程，在发展中国家贸易自由化的道路上，也会面临许多问题，如贸易条件恶化、贸易摩擦加剧等，因此，在全球化进程中如何应对挑战，推动贸易自由化，成为发展中国家亟待解决的问题。

Finally, WangZuXian became the boiling point before news of rumours now exact news confirmed, WangZuXian had ordained, when they heard the news of the WangZuXian like friends in the ear, many people are not acceptable, they feel like WangZuXian such a woman will not choose to live so wonderful, she's future is bright, why would choose tonsured? Because of economic reasons or family reasons.

王祖贤终于还是出家了，之前在沸点上传言的消息现在已经被确切的新闻所证实了，王祖贤确实已经出家了，当这个消息传到喜欢王祖贤的朋友们的耳朵中的时候，很多人是不能接受的，他们觉得像王祖贤这样一个女子怎么也不会选择出家，生活如此精彩，她的前途应该是一片光明的，为什么会选择出家呢，是因为经济原因还是家庭原因。

The article discusses China's economy, port logistics and the developing strategy of ports;explores the transnormal collaboration between Shanghai and Yangshan, and the rise of Jiangshu and Zhejiang Provinces's harbors;as well as analyses how to encourage healthy competition, how to establish reasonable logistic system and effective cooperation mechanisim.

本文对中国经济和港口物流，港口的发展战略，上海和洋山的超常规合作，江浙两省的港口崛起，鼓励健康竞争，建立合理物流体系以及有效合作机制做了探讨和分析。这里专家的回答会让您满意早知道白云兄出手，我就不翻译了，不过，这里说明一下：增长了近3倍，应该是翻了近四倍，而不是三倍。

Under the leadership of the PCP. Chinese socialist democratic construction has achieved enormussuccess. But ownins to the limitation of the social historic condition, our socialist democratic policy has its unabundant and unperfect aspects which greatly obstruct the continuing development of sociality and economy. It also obstruct the socialitist superior to bring into play.

在中国共产党的领导下，中国社会主义民主建设取得了巨大的成就，同时由于社会历史条件的局限性，社会主义民主政治也存在有不充分和不完善的方面，并且越来越妨碍社会、经济的可持续发展和社会主义优越性的发挥。

China is a develping country with lots of population,unadvanced economy ,especial in countryside

中国是一个发展中国家，人口多，底子薄，经济不发达，农村尤其不发达。

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。