投资

Which are used as an important basis of investment decision and risk controlling and management in later phases. But former studies made by many research institutions mainly focused on investment estimates of industrial projects and cost controlling of individual projects. It is looked as a weak aspect for the whole real estate industry that the accuracy of project investment estimates is too lower to meet the permissible error regulated by the government in feasibility research phrase. Overestimate is a very common phenomenon, which will undoubtedly be a barrier for smoothly increasing of real estate industry.

但是，长期以来，具体进行投资估算的主体是房地产开发企业和咨询公司，而银行等金融机构、风险投资机构和投资人、政府相关管理部门、行业协会在房地产市场逐渐规范，竞争越来越激烈的背景下，银行等金融机构、政府相关管理部门等也都需要在商业地产项目的前期阶段，特别是初步可行性研究阶段对项目的总投资估算有较为客观、真实的了解，以作为下一步投资决策、风险控制和管理的重要依据。

Firstly, the paper analyses present position of our country's investment banking innovation, opportunity and challenge.

文章首先分析了目前我国投资银行业务创新的形势、面临的机会与挑战，接着总结投资银行产品创新的国际经验，分析了主要投资银行新产品的特点，并介绍了模仿法、组合法和创新法等三种产品创新方法，第三部分从产品创新、管理创新和组织创新等三个方面讨论了如何塑造投资银行核心竞争力的问题。

Firstly, the paper analyses present position of our countrys investment banking innovation, opportunity and challenge.

文章首先分析了目前我国投资银行业务创新的形势、面临的机会与挑战，接着总结投资银行产品创新的国际经验，分析了主要投资银行新产品的特点，并介绍了模仿法、组合法和创新法等三种产品创新方法，第三部分从产品创新、管理创新和组织创新等三个方面讨论了如何塑造投资银行核心竞争力的问题。

This paper explores shareholder approach, material approach and investment approach to cash flow, and it is concluded as follows: Net present value calculated is equal for shareholder approach and material approach, but for fixed assets investment projects, shareholder approach is far more concise and workable than material approach and provides direct cash flow information with clear and useful economic significance. Investment approach analyzes forecast cash flow for investment projects from a different angle, not only offering additional managerial accounting information, but also testing the properness of and providing theoretical support for shareholder approach and material approach.

通过对股东现金流量法、实体现金流量法和全投资现金流量法模型的研讨，提出如下观点：股东现金流量法与实体现金流量法计算的净现值是相等的，但对寿命期有限的固定资产投资项目，股东现金流量法远比实体现金流量法简洁易懂，便于操作，其提供的现金流量信息直观，经济意义明晰，有用性强；全投资现金流量法从另一个角度进行投资项目的预期现金流量分析，不但能提供补充的管理用会计信息，而且能对股东现金流量法模型的正确性进行验证，互相提供理论上的支持。

By means of input - output production function, the Constant Elasticity of Substitution production function of rank two is established in this paper, so it provides a method of assessment on the driving function of construction investment to urban economy, which meets the characteristics of urban construction and overcome the limitation of statistical material.

将CES生产函数应用于城市建设经济分析，推导并建立了用于测定城市建设投资的二级常数替代弹性CES生产函数模型，提供了从数量角度研究城市建设投资对城市经济拉动的方法，反应了城市建设的特殊性，克服了城市建设投资统计资料不健全的缺陷，弥补了以往对城市建设投资规律认识的不足。

Furthermore, this author holds that Japanese or foreign direct investment is characterized by reciprocal relation between investment and trade.

本文认为日本对外直接投资的基本特征是投资与贸易之间的互动关系，无论是日本对发展中国家的投资还是对发达国家的投资都可以从中得到解释。

Adjustments to book value of investments and recognition of income or losses on the investments, which are calculated according to the net profit or losses of the invested enterprise after acquisition of its equity by the investing enterprise.

企业被投资单位净损益计算调整投资的账面价值和确认投资损益时，应当以取得被投资单位股权后发生的净损益为基础。

Human capital investment starts to become enterprises' recurrent expenditure. However, risks will be always with investment.

然而，有投资就会有风险，企业人力资本投资不同于一般投资的特性，又使得企业人力资本投资具有更大的风险。

"If you don't diversify, if you don't have a balanced portfolio, if you don't balance the interest between the remainderman and the income beneficiary, if you don't look at modern portfolio theory and then apply a fiduciary overlay to that, and if your investments don't perform, then you will bear responsibility," says Joanne Johnson, head of US fiduciary and wealth advisory for JPMorgan Private Bank.

摩根大通私人银行美国受托与财富咨询业务负责人乔安妮·约翰逊表示："如果你不去进行多样化投资，如果你没有一个平衡的投资组合，如果你不去平衡不动产继承人与收益受益人之间的利益，如果你不去学习现代投资组合理论，然后应用在受托资产管理外包方面，如果你的投资回报不佳，那么你将承担责任。"

Everyone of us has a high knowledge level about how the money moves in e-commerce, so we can practically ensure that the investments we are making generates high rentability with low risk due to the skill and experience of each member of the MoneyMakerhyip team.

他们的投资方式并非像一般的金融风险投资，而是投资在这环球正在不停更新，进步的科技上。这集团每一个人都有相当高的投资知识和经验，所以低风险而高利息是有一定的保证。

Since historical times,England ,where the early inhabitants were Celts, has been conquered three times .

从有历史以来，英国，在此地早期居住的是凯尔特人，已经被征服了三次。

Bluetooth OBEX File Transfer Enables the sending and receiving of files on your phone via Bluetooth.

蓝牙OBEX文件移动允许经过蓝牙传送和接受文件。。。。