市场

With a background of heated gold investment, most new passionate investors came into the market without simply understanding the gold investment. This made many investors lost their capital when first stepped into the market. In addition, many gold exchange types are specialized in enlarging guarantee sum. Compared with investment in stock market, investors who invested in types characterized in enlarging guarantee sum would likely to face more risks and challenges. Those risks could enlarge investors' one-year loss in stock market to one-day loss in gold market. Nowadays, Chinese gold market can be differentiated into material gold market, paper gold market, in-stock gold and future gold market. Because of the enlarging system in international gold market, investors may lose to the bottom in one day if he or she chose a guarantee sum dealer with an highly enlarging system. Of course, this is an ultimate example. In gold market, the type with the least risk is material gold, such as gold memorative silver coin, material piece of gold and gold brick. Material gold investment enjoyed its popularity among middle or large cities located in the middle and eastern part ofChina.

在黄金投资火热的背后，是大部分新入市投资者盲目的热情，由于对黄金投资缺乏了解，很多投资者入市即被套，而且很多黄金交易品种具备保证金放大效应，和在股市投资相比，投资者炒作保证金放大品种进行投资，往往需要面对高额风险，这种风险可以使投资者在股市中一年时间遭受的损失在一天内就提现出来，现在国内黄金市场主要分为实物黄金市场、纸黄金市场、黄金现货、黄金期货市场，其中国际黄金现货市场由于存在高度放大机制，如果投资者选择具备高度放大的保证金交易商，经常会出现一天内就会血本无归的情况，当然，这是极端的情况，黄金市场中，风险最小的是实物黄金，例如黄金纪念金银币、实物金条、金砖，实物黄金投资在中东部地区大中城市比较流行。

In this paper I survey the theoretical literature on reputation mechanism for experience goods markets from the point of view of market structure. First, common features of reputation mechanisms in different market structures are revealed by a simple repeated games model. Then theoretical literature on reputation mechanisms in monopolistic, oligopolistic and monopolistically competitive markets is introduced respectively by loosing assumptions in the basic model one after another.

本文从市场结构的角度综述了关于体验品市场上信誉机制的国外理论文献：首先通过分析一个简单的重复博弈模型，揭示了各个市场结构中信誉机制的相同之点；然后不断放松模型设定，分别介绍了垄断市场、垄断竞争市场和寡头市场上的信誉机制。

The second part starts from the description of the historic and current situation about China'S capital and money markets,then analyses the problems existing respectively.It ends up with the current dissevered situation of the two markets.

其次，回顾与分析了我国资本市场和货币市场的历史发展轨迹和目前发展状-况，分别分析了两个市场发展中存在的问题，总结了货币市场与资本市场非均衡发展的特点以及造成非均衡现状的主要原因，然后研究了两个市场割裂的情况。

The project change in the Hongkong film industry can be summed up as follows. It is Chuang-tzu's Test in His Wife that makes a beginning of the Hongkong film industry. While Husband's Coming in Late, reviving traditional Cantonese films, unseals the markets of Singapore and Malaysia, Liang Shanbo and Zhu Yingtai completely occupies the market of Taiwan, the largest oversea market except for the mainland. And after Seventy-Two Tenants, as a sign of new industry, combines the Mandarin film with the Cantonese film, New Dragon Tavern goes further to find a new way to the market of the mainland. Not only do Stephen Chow's films become repeatedly a solace in downturn but also the blockbusters in the Chinese language film have a global integration, thus starting the second upsurge of the Eastern knight-errant film.

总括香港电影产业发展中的项目流变，《庄子试妻》项目开启了香港电影制片业；《郎归晚》项目使香港电影在失去内地市场后重新开启了新、马地区的市场，并引导了传统粤语片的再度复兴；《梁山伯与祝英台》项目使香港电影彻底占领了台湾市场，促使这一除内地外最大的国语片市场成为香港电影的主要市场之一；《七十二家房客》项目使香港电影的国、粤语片产业走向合流，形成了新的香港电影产业；《新龙门客栈》项目则又在香港电影的全胜时期再次叩开了内地市场的大门，为香港电影找到了新出路；&周星驰电影&项目不但屡屡成为低迷时期的救市之作，还将香港电影经济提升到了新的档次；新世纪之后的华语大片项目更是整合了全球华语电影力量，继李小龙电影后第二次掀起东方武侠电影的热潮，创立了华语动作片品牌，并从产业、技术和美学层面将华语电影和新全球电影成功对接。

Furniture and home appliance market, building material and decoration market, agricultural and food market, chinaware, plant and bird market, hi-tech market etc., these professional and specialty markets of different kinds and scales are located all over the city to embrace all walks of life in Hangzhou.

家私家电市场、建材装饰市场、农贸粮油市场、瓷器花鸟市场、高新科技市场……在杭州，这些不同种类、不等规模的专业市场比比皆是，囊括了城市生活的各个方面，共同架构出一张宠大而精细的商业网络。

Be sink into in market competition, still rise abruptly in market competition, terminal of Xin city car is in after experiencing the labour pains that desertions gold jobs, realise in market economy the condition falls soberly, the industry should survive, want to develop, must dare to participate in market competition to strike market storm, beg in market competition live, seek progress; Course of state-owned motor transportation enterprises is managed for years, have base of solid technology of goods and materials, want to liberate a thought only, renew an idea, bold reform, produce an advantage, can be certainly in market competition stand firm and achieve progress.

是在市场竞争中沉沦，还是在市场竞争中崛起，忻城汽车总站在经历了丢掉金饭碗的阵痛后，清醒地熟悉到在市场经济条件下，企业要生存，要发展，必须敢于参与市场竞争搏击市场风浪，在市场竞争中求生存，求发展；国有汽车运输企业经过多年的经营，有雄厚的物资技术基础，只要解放思想，更新观念，大胆改革，发挥优势，就一定能在市场竞争中站稳脚跟并获得发展。

It is so mature to should be in and a pail of gold is dug in intense network market, it is difficult to be returned than entering a day simply, but do not have method, the person is forced come out, so we choose to make time of money guest on-line at the outset, consider a sword to go namely slant sharp edge, chose field of an an unexpected winner, chose a rising market, money guest is online regard China as platform of inchoate online charge to an account, make the market that others distains to do namely, do others to approbate make big market impossibly, make the market that people is not willing to do, make the market that others had not made.

要在这么成熟而又激烈的网络市场里挖掘一桶金，简直比登天还难，但是没办法，人都是被逼出来的，所以我们当初选择做财客在线的时候，就是考虑剑走偏锋，选择了一个冷门领域，选择了一个新兴的市场，财客在线作为中国早期的在线记账平台，就是做别人不屑去做的市场，做别人认可不可能做大的市场，做别人不愿意做的市场，做别人没有做过的市场。

The euromarket, which is defined as a market where financial instruments traded are denominated in currencies other than the currency of the country where the market is located.it is, in the true sense, an external financial market.the important distinction between the external financial market and the domestic financial market lies in that eurocurrecy banking is not subject to domistic banking regulations.

欧洲市场，就是在该市场上交易的金融工具都是用欧洲货币来标价而不是用市场所在地国家的货币来标价。欧洲市场是真正意义上的境外金融市场。境外金融市场和国内金融市场的重要区别是欧洲货币银行业务不受国内银行规章制度的管辖。

The Shanghai real estate market is in the maturity of the process of transforming the real estate market, the stock of the Housing market to replace the new housing market has become the main trend of the market is increasingly clear, how to further promote the Shanghai stock market development room of strategic importance.

上海房地产市场在成熟的过程中改变了房地产市场的存量住房市场，以取代新的住房市场已成为主要趋势市场越来越明显，如何进一步推动上海股票市场的发展空间具有重要的战略意义。

Because the original design of our imagination is the direction to the development of market maker in the form of participation in the market, because the Shanghai Gold Exchange is still no clear blueprint for the development of some new out, I expect the Shanghai Gold Exchange, even though he has not been for gold futures, but he still has many talents Potential, he used the original nation's largest cash trading platform that advantage, I suggest he should, as markets like London, the development arm of a road through the market maker in OTC transactions done, so we originally domestic gold investment companies can legally participate in the open market, so we have two domestic gold market coexist, is a futures market, is a spot market, the original investment in gold companies, I think now it is in transition towards services, information of this transition.

因为原来我们设计的想像的发展方向就是以做市商的形式参与这个市场，因为现在上海黄金交易所目前还没有明确的一些新的发展蓝图出来，我预计上海黄金交易所这次尽管他没有争取得到黄金期货，但是他还是有很多优势的，他利用原来国内最大的现货交易平台这个优势，我建议他应该像伦敦市场似的，以发展做市商为一个路子，通过做市商的参与做场外的交易，这样的话我们国内原先黄金投资公司就可以合法公开参与这个市场，这样的话我们国内就有两个黄金市场并存，一个是期货市场，一个是现货市场，对原来的黄金投资公司来说我觉得现在要转型的话应该是朝服务、资讯这块转型。

Neither the killing of Mr Zarqawi nor any breakthrough on the political front will stop the insurgency and the fratricidal murders in their tracks.

在对危险的南部地区访问时，他斥责什叶派民兵领导人对中央集权的挑衅行为。

In fact,I've got him on the satellite mobile right now.

实际上 我们已接通卫星可视电话了