金融上

Sharp-tongued former Malaysian prime minister Mahathir Mohamad, criticized the U.S.'s handling of the financial crunch on his Web site last week.

一向言辞刻薄的马来西亚前总理马哈蒂尔上周在其网站上对美国处理这次金融危机的方式提出了批评。

Therefore, it is believed that a major change in economic and financial policy in 2005 will be a fiscal policy change from "proactive" to "prudent", the keynote being prudent fiscally and monetarily.

在此基础上，本文认为，2005年经济金融政策的突出变化是财政政策由积极转为稳健，主基调是实行财政、货币"双稳健"政策。

Modern market economy is the financial economy on a kind of height monetization and credit foundation.

现代市场经济是一种高度货币化和信用化基础上的金融经济。

In the last part, the paper appraises mortgage value using the former and improved capitalization rate respectively. Making using of the method of appraisal bias, the paper concludes that using the former capitalization rate results in overrating the appraisal result, while using the improved capitalization rate does not exist overrating problem. Based on that, the paper compares the former and improved capitalization rate from the following six aspects- mortgager, financial institution, appraisal institution, conservative principle of appraisal of mortgage, default risk, mortgage rate, and finally concludes that the improved capitalization rate is more scientific and accurate.

通过案例分析分别运用改进前后的资本化率进行评估，运用评估bias方法对评估结果进行研究，得出运用改进前的资本化率进行评估存在高估的现象，而运用改进后的资本化率进行评估则不存在高估的问题，在此基础上从抵押人、金融机构、评估机构、保守性估价原则、违约风险、抵押利率六个方面对改进前后的资本化率进行了系统的比较，得出改进后的资本化率更加科学精确的结论。

These situations are the main character of Chinese credit rationing phenomena. It could be conclude that a great mummer of important problems, which including some macro-scale problems such as the dualistic financial structure, the inefficiency of fund allocation, the phenomena of regulation of interest rate, and some middling scale problems such as the banking industry structure, the rampart of entering and exiting banking, as well as some micro-scale problems such as non-performing loans of banks,'over investment' of state-owned enterprise, credit deficiency of enterprises, have concerned with the situations.

一方面，从微观层面来看，政府行政权利在资源配置中的主导作用是中国特色信贷配给现象的一个主要的组成部分；可以说，无论是宏观方面的二元金融结构、资金配置效率低下、利率管制等现象；中观方面的银行业市场结构、银行业进入以及退出壁垒；还是微观方面的某些痼疾，如银行不良资产、国有企业的"过度投资"、微观主体信用缺损等，都在一定程度上同政府主导的信贷配给有关。

But like the industrial and financial barons of a bygone era, who attempted to enshrine their munificence, however belatedly, in the philanthropic projects they left behind, today's entrepreneurs are just as determined, if not more so, to encode their offspring with the values that engendered their own fortunes.

但就像昔日的实业巨头和金融大亨试图将他们的慷慨铭刻在他们留下的慈善项目上一样，今天的企业家们也一样坚定地准备将造就他们成功的价值观灌输给后辈。

But like the industrial and financial barons of a bygone era, who attempted to enshrine their munificence, however belatedly, in the philanthropic projects they left behind, todays entrepreneurs are just as determined, if not more so, to encode their offspring with the values that engendered their own fortunes.

但就像昔日的实业巨头和金融大亨试图将他们的慷慨铭刻在他们留下的慈善项目上一样，今天的企业家们也一样坚定地准备将造就他们成功的价值观灌输给后辈。

Nadir Patel先生:Canada has one of the most stable financial systems in the world.

加拿大有世界上最稳固的金融系统。

Hong Kong should increase its population by more than 40% to 10m to match the power of New York and London as global financial centres, according to Donald Tsang, its chief executive.

香港特首曾荫权认为，香港应增加40%以上的人口，使人口数量达到1000万，以便在作为全球金融中心的实力上与纽约和伦敦相匹敌。

Hong Kong should increase its population by more than 40 per cent to 10m to match the power of New York and London as global financial centres, according to Donald Tsang, its chief exec-utive.

香港特首曾荫权认为，香港应增加40%以上的人口，使人口数量达到1000万，以便在作为全球金融中心的实力上与纽约和伦敦相匹敌。

Do you know, i need you to come back

你知道吗，我需要你回来

Yang yinshu、Wang xiangsheng、Li decang,The first discovery of haemaphysalis conicinna.

1〕 杨银书，王祥生，李德昌。安徽省首次发现嗜群血蜱。