股票市场

And if you had money in the stock market, today is Black Monday.

上周五是黑色星期五，如果你投资股票了电话，今天是黑色星期一，因为股票跌了679点，这哪是股票市场，简直就是跳蚤市场。

With the fast development of China's financial market, the key elements of financialmarket (debenture market, stock market, foreign exchange market and futures market)have developed greatly both in exchange size and varieties exchangeable.

随着中国的金融市场的市场化改革的加速推进，我国的金融市场的重要组成部分债券市场、股票市场、外汇市场和期货市场无论是从规模、还是可以交易的产品品种都得到了空前的发展。

Then positively ana.lyzed transmission effect of monetary policy of China in recent years, and with relative theories, discussed rr~ore deeply the existing principal problems on transmission mechanisms of monetary policy in our state under the realistic institutional situation of economy and finance:(1)Monetary policy tools lag behind the economic and financil background;(2)Separated and uneven money markets, the lack of transaction agents and defect in the relation between money markets and c~potal markets, have rendered the transaction of monetary policy lack on effective channel;(3)over-speculating, illegal operation and insufficient competition have severely weakened the transmission fumction;(4) systematic defect of state -owned commercial bank, asymmetry between financial and economic composition have made monetary policy lose an effective carrier;(5) factors beyond the financial system, such as soft cornstraint over state - owned enterprises policy decision, imperfect social insurance system, etc.

接下来对我国近年来的货币政策传导效果进行了实证分析，在此基础上运用相关传导机制理论并结合我国实际经济、金融制度与环境论述了我国当前货币政策传导机制的主要问题：（1）货币政策工具相对于经济、金融环境显得落后；（2）货币市场的分割、不平衡、交易主体不全以及货币市场与资本市场的联系机制缺位使得货币政策缺乏一个有效的场所；（3）资本市场特别是股票市场的过渡投机、违规操作以及不充分竞争严重地削弱了证券市场的传导功能；（4）国有商业银行现行体制的缺陷，金融结构与经济结构的非对称使得货币政策传导受阻；(5)金融体系外的因素（如国企决策行为软约束、社会保障制度不健全）。

Then positively ana.lyzed transmission effect of monetary policy of China in recent years, and with relative theories, discussed rr~ore deeply the existing principal problems on transmission mechanisms of monetary policy in our state under the realistic institutional situation of economy and finance:(1)Monetary policy tools lag behind the economic and financil background;(2)Separated and uneven money markets, the lack of transaction agents and defect in the relation between money markets and c~potal markets, have rendered the transaction of monetary policy lack on effective channel;(3)over-speculating, illegal operation and insufficient competition have severely weakened the transmission fumction;(4) systematic defect of state -owned commercial bank, asymme try between financial and economic composition have made monetary policy lose an effective carrier;(5) factors beyond the financial system, such as soft cornstraint over state - owned enterprises' policy decision, imperfect social insurance system, etc.

接下来对我国近年来的货币政策传导效果进行了实证分析，在此基础上运用相关传导机制理论并结合我国实际经济、金融制度与环境论述了我国当前货币政策传导机制的主要问题：（1）货币政策工具相对于经济、金融环境显得落后；（2）货币市场的分割、不平衡、交易主体不全以及货币市场与资本市场的联系机制缺位使得货币政策缺乏一个有效的场所；（3）资本市场特别是股票市场的过渡投机、违规操作以及不充分竞争严重地削弱了证券市场的传导功能；（4）国有商业银行现行体制的缺陷，金融结构与经济结构的非对称使得货币政策传导受阻；(5)金融体系外的因素（如国企决策行为软约束、社会保障制度不健全）。

As a colony, the China family businesses are subjected to the wide-ranging concern of fellow countrymen and mass media in the past few years, there're at least two immediate reasons: one is that numerous family businesses have created great wealth; the other is the issue of the going on the Chinese stock market of family businesses.

作为一个群体，中国的家族企业近年来受到国人和媒体的广泛关注，直接原因至少有两个：一是众多家族企业的出现创造了大量的财富；另一个就是家族企业的上市问题。中国股票市场建立至今，发展时间不长，但是中国股票市场的发展过程倍受人们的关

As a colony, the China family businesses are subjected to the wide-ranging concern of fellow countrymen and mass media in the past few years, there're at least two immediate reasons: one is that numerous family businesses have created great wealth; the other is the issue of the going on the Chinese stock market of family businesses.

作为一个群体，的家族近年来受到国人和媒体的广泛关注，直接原因至少有两个：一是众多家族企业的出现创造了大量的财富；另一个就是家族企业的上市。中国股票市场建立至今，时间不长，但是中国股票市场的发展过程倍受人们的关注。与以往多从组织合理性

As a colony, the China family businesses are subjected to the wide-ranging concern of fellow countrymen and mass media in the past few years, there're at least two immediate reasons: one is that numerous family businesses have created great wealth; the other is the issue of the going on the Chinese stock market of family businesses.

内容摘要：摘要：作为一个群体，中国的家族企业近年来受到国人和媒体的广泛关注，直接原因至少有两个：一是众多家族企业的出现创造了大量的财富。另一个就是家族企业的上市问题。中国股票市场建立至今，发展时间不长，但是中国股票市场的发展过程倍受人们的关注。与以往研究多从组织合理性和管理效率的角度出发不同，本文从家族企业

As a colony, the China family businesses are subjected to the wide-ranging concern of fellow countrymen and mass media in the past few years, there're at least two immediate reasons: one is that numerous family businesses have created great wealth; the other is the issue of the going on the Chinese stock market of family businesses.

作为一个群体，中国的家族企业近年来受到国人和媒体的广泛关注，直接原因至少有两个：一是众多家族企业的出现创造了大量的财富；另一个就是家族企业的上市问题。中国股票市场建立至今，发展时间不长，但是中国股票市场的发

As a colony, the China family businesses are subjected to the wide-ranging concern of fellow countrymen and mass media in the past few years, there're at least two immediate reasons: one is that numerous family businesses have created great wealth; the other is the issue of the going on the Chinese stock market of family businesses.

接原因至少有两个：一是众多家族企业的出现创造了大量的财富；另一个就是家族企业的上市问题。中国股票市场建立至今，发展时间不长，但是中国股票市场的发

This article is based on the reviews of references about stock market development toward economic growth and studies the effect on economic growth from stock market development.

本文在系统回顾了股票市场对经济增长关系理论和实证分析的文献的基础上，对我国股票市场发展对经济增长的作用进行了深入的分析和探讨。

However, as the name（read－only memory）implies, CD disks cannot be written onorchanged in any way.

然而，正如其名字所指出的那样，CD盘不能写，也不能用任何方式改变其内容。

Galvanizes steel pallet is mainly export which suits standard packing of European Union, the North America. galvanizes steel pallet is suitable to heavy rack. Pallet surface can design plate type, corrugated and the gap form, satisfies the different requirements.

镀锌钢托盘多用于出口，替代木托盘，免薰蒸，符合欧盟、北美各国对出口货物包装材料的法令要求；喷涂钢托盘适用于重载上货架之用，托盘表面根据需要制作成平板状、波纹状及间隔形式，满足不同的使用要求。