国家证券发行

In China, Mr Caballero argues, this is done indirectly through the state, which buys foreign securities, such as Treasuries, then issues bonds of its own, which are held by Chinese banks, companies and households.

Caballero认为，在中国这是通过政府来间接实现的。国家购买外国证券，像是国库券，然后发行自己的债券，由中国的银行、公司、家庭持有。

Because the risk of bamk industry exited due the short and bed debts of the capital, the supplement system of the capital needs to be built by market, includinig the inpouring of government, treatment of bed debts, issuance of secondary bonds,〓fering of negotiable securities, in order to open up the ways of capital supplement to the state-owned comttmercial bank.

资本金严重匮乏和巨额不良资产是我国银行业风险高度聚积的集中表现，无论从国家的注资、不良资产处置、还是银行发行次级债券以及资产证券化等的尝试，特别是次级债和资产证券化以及未来银行上市的证券发行等，拓展了国有商业银行资本金补充渠道，通过市场化行为建立了资本金补充机制；不良资产的体内和体外的处置机制创新极大地化解了银行风险，对已形成的不良资产处置积累了经验，也完善了风险管理和风险防范机制。

According to the clear water experiment, aeration performance of the new equipment is good with high total oxygen transfer coefficient and oxygen utilization ratio.

曝气设备的动力效率在叶轮转速为120rpm～150rpm时取得最大值，此时氧利用率和充氧能力也具有较高值。

The environmental stability of that world - including its crushing pressures and icy darkness - means that some of its most famous inhabitants have survived for eons as evolutionary throwbacks, their bodies undergoing little change.

稳定的海底环境─包括能把人压扁的压力和冰冷的黑暗─意谓海底某些最知名的栖居生物已以演化返祖的样态活了万世，形体几无变化。