金融上

Statistic shows at the same time, on sheet of pay taxes a list of names posted up the rank relies on the unit before and individual, business domain already no longer bureau be confined to acts art, finance, estate, the sources of energy " traditional " high pay industry, the outstanding achievement growth of a lot of other spheres also is this city duty is added close created a condition.

统计同时显示，在纳税榜单上排名靠前的单位和个人，业务领域已经不再局限于演艺、金融、房地产、能源等"传统"的高薪行业，许多其他领域的业绩增长也为本市个税增收创造了条件。

The result is a deficit of unprecedented size but with no perceptible pressure from financial markets to reduce it.

最终的结果则是空前的财政赤字，金融市场上却并无起色。

The Financial Services Authority was one of the most permissive big supervisors in the world.

金融服务机构是世界上最宽松的大监管机构之一。

"Capital monetary policy introduced as a way to play a role in regulating the market."

"资本金金融政策的推出，某种意义上来讲能够起到规范市场的作用。"

Theoretically, the development of the finance and the stock market has a positive correlation with the long-term economic growth.

从理论上来讲，金融的深化、股票市场的发展对于长期的经济增长有正的相关关系。

The respect is affected in what income allocation grows to economy, article key introduced theoretic development to must compare sufficient political economy mechanism, and education, bear the mechanism; such as stability of decision-making, society and market dimensions to be in respect of evolution of income distributive trends, the article introduced inside the manpower capital mechanism that gives birth to income allocation pattern, salary mechanism, interest rate mechanism, the preference of the relation that inspected development of technical change, finance and income to allocate dynamic evolution and Lucas disturbs academic.

在收入分配对经济增长的影响方面，本文重点介绍了理论上发展得比较充分的政治经济机制，以及教育—生育决策、社会稳定性和市场规模等机制；在收入分配的动态演化方面，本文介绍了内生收入分配格局的人力资本机制、工资机制、利率机制，考察了技术变化、金融发展与收入分配动态演化的关系及Lucas的偏好扰动理论。

The conclusions are as follows:(1) The mispricing in the stock market is the extrinsic motivation of Chinese listed companies stock financing preference. There are two considerations of stock financing preference.

本文在综合借鉴并吸收了国内外相关研究文献精华的基础上，结合行为金融理论，在非有效市场假设下，建立不同模型，对我国上市公司偏好股权融资的内外部动因进行了实证研究，并得到了如下结论：(1)股票市场的错误定价是造成上市公司股权融资偏好的外部原因。

We introduce convex,and in particular semidefinite,optimization methods,duality and complexity theory to shed new light to this relation for the single stock problem, given moments of the prices of the underlying assets,we show that we can find best possible bounds on option prices with general payoff funcations efficiently,either algorithmically(solving a semidefinite optimization problem)or in closed form, conversely,given observable option prices,we provide best possible bounds on moments of the prices of the underlying assets,as well as on the prices of the other options on the same asset by sovling linear optimization problems for options that are affected by multiple stocks either directly(the payoff of the option depends on multiple stocks)or indirectly(we have information on correlations between stock prices),we find on-optimal bounds using convex optimization methods,however,we show that it is NP-hard to find best possible bounds in multiple dimensions,we extend our results to incorporate transactions costs,this paper,in theory and practice can provide a reference to researchers and designers about Chinese financial derivative products,the full text is divided into six chapters as follows: ChapterⅠ:Papers on the background and significance of the subjects on a number of option pricing models as well as their advantages and shortcomings of the model and describes the status of research and writing papers and the main contents of the basic idea.

相应地，给定期权价格，也能够出标的资产瞬时价格的最有可能的最好的界。还有通过解决一个线性最优化问题，根据同一标的资产的其他期权的价格来找到这个期权的界值，对于期权受到多种股票价格直接影响(期权的收益依赖于多种股票)或者间接影响(我们有股票之间联系的有用信息)，如果使用凸规划方法我们就会发现没有最优的界，也能够证明对于多维情形确实是很难找到最优的最有可能的界值，最后将这一结论推广到考虑交易成本的情况。本文在理论和实践上给我国金融衍生产品研究者和设计者提供一定的参考。全文共分为六章，具体安排如下：第一章：阐述论文的选题背景和意义，介绍期权定价的一些模型以及这些模型的优点与缺点，并介绍国内外研究的现状以及论文的写作基本思路与主要内容。

Trust relevant person in charge said:"At present, China Liuzhou Series total capital scale of less than 20 billion yuan, in 2009 the release of the product, we will do in product design around the capital market more in line with customer demand for products, in the sun warming the growing demand for private financial management background, the efforts to professionalize the management capacity and management for high-end customer service."

信托有关负责人表示：目前，中国柳州系列低于20亿元资产规模在2009年，该产品发布"，我们会在产品设计上围绕资本市场更加在与客户需求的产品线，在阳光温暖的私人金融管理的背景不断增长的需求，努力专业化的管理能力和为高端客户服务管理。"

Paper industry the past few years of hard work elites and radical reform of our paper has been the rapid development, but in the second half of 2008 the global financial crisis under the fierce attacks of the paper we are faced with unprecedented challenges, reduce a large number of foreign orders, hydro pulper aging equipment, paper machine operating speed of the slow, low value-added products, filter equipment, up-flow low pressure output screen, high power consumption, coupled with China's increasing pollution of the paper industry environmentally friendly water treatment sludge, objectively, there are difficulties we are now, how fast out of the current predicament?

经过这几年造纸行业精英们的艰苦努力及大刀阔斧的改革我们的造纸业有了飞速发展，但是在08年下半年全球金融危机猛烈的侵袭下我们的造纸业正面临着前所未有挑战，国外订单大量缩减，水力碎浆机设备的老化，纸机车速的运转缓慢，产品的附加值低，筛选设备升流压力筛的产量低，电耗高，加上我国加大对造纸行业污水污泥的环保治理，客观上我们现在是有困难，如何快速走出当前的困境？

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。