查询词典 real

The paper firstly illustrated the developing process of real estate and the characteristic of fund operation. By summarizing several financing modes for real estate, and comparing those of abroad and inland companies, the paper pointed out the disadvantages of Chinese real estate financing situation. After that, primary regulations executed by Chinese government to real estate finance were listed to give the background of real estate incompliant lending.

本文首先阐述房地产开发过程及资金运作特点，概括房地产融资可采取的几种方式，通过国内外房地产融资方式对比，指出我国房地产融资现状的弊病，继而总结了自1998年以来国家对房地产信贷方面的各种调控手段及其作用，引出了房地产违规信贷的产生背景。

The special accounting environment of the real estate industry is the accounting environment the real estate industry faced with, which is different from the other industries'. It is included in three aspects: The first is the characteristics of the real estate industry, such as the heterogeneity of the products, the independence of the development activity, the long operation cycle, the complex exchange procedure and mode, and etc. The second is the juristical environment of the real estate industry, including the title system of land and house and administrative and juristical controlling of the real estate development.

房地产特殊会计环境是房地产业所面临的有别于其他行业（主要是与一般工业企业比较）的会计环境，其内容包括三个方面：一是房地产开发经营业有别于其他行业的固有特点，如产品的异质性、开发经营活动的单件性、经营周期长、交易程序和交易方式复杂等等；二是房地产开发经营业的法律环境，包括土地和房屋的产权制度以及房地产开发经营的行政法律管制；三是房地产开发经营业的历史和现状发展水平。

The ratio of stock right calculated according to venture investment experiential principles is sound and easy to accept. It can give quantitative analysis support to the venture investment practice.(6)According to the theory of the real option, the author derived value formula of the real option fixed price and investment criterion. Based on above, the paper further research for optimal investment strategy of real option in monopolizing and competition under asymmetry information, and built the value model of real option for the investor and administrator by using the theory of the principle trust-agent Meanwhile, the solution of real option optimal investment and the shift value are derived applying the maximal principle .

针对高新技术企业发展的特点：研制周期长、投资费用高、每阶段风险水平特征差别大，运用实物期权理论与计算方法，通过研究建立嵌入期权现金流量图深入分析计算了企业发展中风险投资的最优策略、股权占有比例问题，对不确定性问题由于采用了有关实物期权计算公式，所以计算结果比基于传统的现金流量图的NPV方法更加客观、科学，同时按照风险投资经验法则计算出的股权占有比例合理易于接受，可为企业风险投资实践活动提供数量分析支持。

Certainly have not suffered loss, Li is a former British Hong Kong government is one of Li Ka-shing is indeed business Wizards, in the case of real estate are constantly rising had considered restructuring and the transfer of assets, has bought some foreign quality assets, telecommunications companies such as Germany orange shares, the New Jersey ports, the Panama Canal shares, and Hong Kong Cyberport aggressively into the building, will tentacles stretching the transformation and upgrading of telecommunications, Li Ka-shing is the only person in his fox, and many people are of the view that is Li and the former British Hong Kong government to give them weaving a better future, a beautiful dream, and Tung took office play his body more healthy, more destructive power of the strong characteristics of this beautiful dream hit a smash, this is one is caught, the onlookers-to the real estate collapse of the responsibility of all to Mr Tung who is totally unjustified, Although Mr Tung to the mainland, Beijing has followed some acts are in the eyes of some people, but to objectively evaluate, Dong is a honest kind of person, he is inadvertently let Tianzao point that the arrival and the day is certainly coming, the night time, the more devastating losses, Originally, the intention is that Mr Tung real estate prices trend eased, and then the case now almost Shanghai, prices every quarter on a 20% increase, almost all Hong Kong people have been crazy, and just opened a new development, the stage has long been ranked team to effectively alleviate this situation, the new SAR government changed in the past starvation effect of land supply policy, a substantial increase in the level of land supply in order to stabilize high land prices, while the Yuen Long, New Territories into the new City of mass construction, the expansion of public housing, housing construction plan (equivalent to our low-cost housing, economic applicable housing), if no major accident These measures should ensure that real estate to landing, but nobody thought that 98 years of financial turmoil, Hong Kong dollar devaluation Suoluosiming gambling, but the call foul silent do real estate, stock market doing transactions, the use diversionary tactics tactical let him return home with a full load, although the SAR government have been successfully defend the Hong Kong dollar does not depreciate, but the housing market and stock market watch.

当然也有没受损失的，李嘉诚算一个，前港英政府也算一个，李嘉诚不愧是商界奇才，在房地产不断攀高的情况下就已经考虑资产的转型和转移了，先后购买了一些外国的优质资产，如德国橙电信公司的股份、新泽西的港口、巴拿马运河的股份，并大张旗鼓地投入香港数码港的建设，将触角伸进香港电信的升级改造，李嘉诚做人方面堪称是只老狐狸，很多香港人都认为，是李嘉诚和前港英政府给他们编织一个美好的前程、一个美丽的梦，而小董上台后发挥他那身体越健壮、破坏力越强的特点，将这一美丽的梦击个粉碎，这正可谓是当局者迷、旁观者清，将香港房地产崩溃的责任全部归咎于董建华身上，是完全没有道理的，虽然董建华在靠近大陆、追随北京方面有些行为在港人眼里是过了一些，但客观地评价，董是一个老实厚道的人，他只不过是无意中让那一天早一点到来，而那一天是肯定会到来的，时间越晚，损失越惨重，本来董建华的初衷是希望房地产上涨的趋势有所缓解，当时香港的情形与现在的上海差不多，房价每隔一个季度就上涨20%以上，几乎所有的港人都为之疯狂，新楼盘刚开张，台前早已排起长长的队伍，为有效地缓解这一局面，新上任的特区政府一改以往饥渴效应的土地供应政策，大幅度地增加一级土地的供应，以平抑高昂的地价，同时宣布元朗、新界等新城区进入大规模建设，扩大政府公屋、居屋营建计划（相当于我们的廉租房、经济适用住房），如果没有大的意外，这些措施应该能保证房地产的缓着陆，但谁也没想到，98年的金融风暴，索罗斯明赌港币贬值、暗里却大做不动产、股市空头交易，这一声东击西的战术让他满载而归，虽然特区政府成功地实现了捍卫港币不贬值的目标，但香港的房市、股市从那一刻起，一败涂地。

In this paper, the inertial theorem of real symmetric matrix has been proved by three methods in three aspects: the relationship between real symmetric matrix and real quadratic form, the relationship between real symmetric matrix and symmetric bilinear function of real linear space.

从实对称矩阵与实二次型的联系、实对称矩阵与实线性空间的对称双线性函数的联系以及将实对称矩阵作为研究主体这三个角度，介绍实对称矩阵的惯性定理的三种证明，以期加深对实对称矩阵的惯性定理的理解。

The employment mechanism, brand building and distribution system, file management, information technology and other areas to achieve a comprehensive innovation. In 2005, companies in the real estate industry in the province, first introduced the ISO9001 quality, ISO14001 environmental, occupational health and safety GB/T28001 three management system, In April the same year as the real estate industry in Shanxi Province, Chinas only one real estate executive director of the Association unit; in May 2006, and the "integrity of Taiyuan tax law advanced units honorary title", in June 2006, 98 hours access to the outstanding achievements of the Shanxi Provincial Archives standardized management of "AAA" standard of acceptance of the first awards; September was the first batch of Chinese Real Estate Association awarded the "2006 Chinas real estate enterprises integrity," the honorary title.

在用人机制、品牌建设、分配制度、档案管理、信息化建设等方面实现了全面创新。2005年，公司在全省房地产行业中，率先同时引入了ISO9001质量、ISO14001环境、GB/T28001职业健康安全三项管理体系，同年4月成为山西省房地产行业唯一一家中国房地产业协会常务理事单位；2006年5月，获得"太原市依法诚信纳税先进单位"荣誉称号；2006年6月，以98分的优异成绩获得山西省档案工作规范化管理"AAA"级标准验收第一名的殊荣；9月首批获得中国房地产业协会授予的"2006中国房地产诚信企业"荣誉称号。

Based on the real estate enterprises of China, the paper points out many real estate financing problems, which are manifestes by two parts, one is that the sustainable financing capacity of most real estate enterprises is feeblish, the other is that the blindfold financing penomena is ubiquitous in the real estate industry, through the research on the financing activity of internal real eatate enterprises.

本文以我国房地产开发企业为研究对象，通过对我国现有房地产开发企业的融资行为进行研究，发现房地产开发企业融资存在许多问题，主要体现在以下两个方面：一是大多数房地产开发企业的可持续性融资能力较弱；二是盲目融资现象较为普遍。

As a subsystem of macro economic, the real estate's healthy development relates to the stability of the financial system and the whole national economic system. Based on the study of the current development and the sharp contradictions of the real estate industry, this paper summarizes the typical real estate bubble crisis in 1980s, analyzes the relation-ship between the real estate bubble crisis and the financial crisis, canvasses the potential risks, puts forward the policy suggestions of promoting the healthy development of real estate industry.

本文对当前我国房地产业发展的总体情况和存在的突出矛盾进行了考察，并在此基础上，总结了上个世纪80年代以来发生的典型房地产泡沫危机，分析了房地产泡沫危机和金融危机的关系，以及目前我国房地产业潜在的风险，提出了促进我国房地产业健康发展的政策建议。

The following factors, among others, could cause actual results and future events to differ materially from those set forth or contemplated in the forward-looking statements: defaults on or non-renewal of leases by tenants or renewal at lower-than-expected rent or failure to lease at all or on favorable terms, decreases in real estate values and impairment losses, increased interest rates and operating costs or greater-than-expected capital expenditures, our failure to obtain, renew or extend necessary financing, re-financing risks, risks related to our obligations in the event of certain defaults under co-investment ventures and other debt, risks related to debt and equity security financings, difficulties in identifying properties to acquire and in effecting acquisitions, our failure to successfully integrate acquired properties and operations, our failure to divest properties we have contracted to sell or to timely reinvest proceeds from any divestitures, our failure to contribute properties to our co-investment ventures, risks and uncertainties affecting property development, value-added conversions, redevelopment and construction (including construction delays, cost overruns, our inability to obtain necessary permits and public opposition to these activities), our failure to qualify and maintain our status as a real estate investment trust, risks related to our tax structuring, failure to maintain our current credit agency ratings or to comply with our debt covenants, environmental uncertainties, risks related to natural disasters, financial market fluctuations, changes in general economic conditions, global trade or in the real estate sector, inflation risks, changes in real estate and zoning laws, a continued or prolonged downturn in the U.S., California or global economy, risks related to doing business internationally and global expansion, risks of opening offices globally, risks of changing personnel and roles, losses in excess of our insurance coverage, unknown liabilities acquired in connection with acquired properties or otherwise and increases in real property tax rates.

以下因素可能会导致实际结果和未来事件与前瞻性陈述产生重大出入：承租人拖欠租金或者不续租；利率以及经营成本的提高；我们未能获得必要的外部融资；再融资的风险；与合资项目和其它债务发生特定违约时我方承担的义务有关的风险；与债务和股权融资有关的风险；确定拟收购的物业以及完成收购过程中遇到的困难；我们未能成功整合收购的物业和业务；我们未能剥离已经签约出售的物业或未能及时将剥离带来的收益再投资；影响物业开发和建设的风险和不确定性（包括建设延期、费用超支、我们无法获得项目建设所需的必要批准以及公众对项目开发建设的反对等）；我们无法获得或者维持作为房地产投资信托公司的资质；与我们的税收策划有关的风险；无法保持我们目前的信用评级；环保方面的不确定性；与自然灾害有关的风险；金融市场的波动；整体经济状况或者房地产业的变化；房地产和城市规划法律的调整；美国、加利福尼亚州或者全球经济的衰退；与开展国际业务和全球扩张有关的风险；保险范围之外的损失；与被收购的物业有关的或者其它未知责任以及房地产税率的提高等。我们的成功还依赖于总体经济走向，包括利率、所得税法、政府监管、立法、人口总数变化以及我们在10-K表中作的截至2009年12月31日的季度报告中&风险因素&和其它标题项下阐述的其它问题。

Intermediary services through sound real estate market rules, the strict implementation of the real estate brokers, real estate valuers Directors industry qualification system measures and provide residents with accurate information and convenient services to more fully play the role of intermediary services, real estate, promoting the sustained and healthy development of the real estate market.

通过健全房地产中介服务市场规则，严格执行房地产经纪人、房地产估价师执业资格制度等措施，为居民提供准确的信息和便捷的服务，可以更加充分发挥房地产中介服务的作用，促进房地产市场持续健康发展。

I use an example quoted by Hu Jiaqi:"It is reported that America separates the DNA of a kind of virus by making use of genetic technology and combines it with another kind of DNA. Finally, they get a kind of virulent biological agent called a "pyrotoxin". Someone discloses in private that 20 grams of such a kind of biological agent could result in the global death of 6 billion people due to infection."

我在这里例举胡家奇所引用过的例子："据报道，美国利用转基因技术，将一种病毒的DNA分离出来，与另外一种DNA进行结合，拼结成一种剧毒的"热毒素"生物战剂，且私下有人透露，这种生物战剂只需20克，就可以导致全球60亿人全部感染死亡。"

Waiting, for the queers and the coons and the Reds and the Jews.

等待着疯子和黑人还有红色共产主义者还有犹太人