为什么中国投资导向的经济增长模式-不可持续

China＇ s economy has achieved great success during the last three decays. This greatly attributed to the investment-driven economic model. But now, this kind of development model seems unsustainable. The investment-driven model waste energy, widen the income gap and pollute the environment. China wants to rebalance from investment driven model to consumption-driven model.     

Analysis of the Leadership and Organizational Culture——The Fall of Arthur Andersen

Arthur Andersen LLP is formerly one of the Big Five accounting firms in the world. However, in 2002, it voluntarily surrendered its licenses to practice as Certified Public Accountants in the United States, and was out of the 89 years career in the audit profession. Meanwhile the global branches of the firm is revoked and acquisition. This thesis analyses this event from a leadership and organizational culture perspective. It will elaborate from three aspects, including the organizational culture, internal integration, external environment and changing.     

Analysis of Pecking Order Theory on Chinese Listed Companies

This study tests the order of firms’ financing choices based on a sample consists of 150 Chinese listed companies. And it indicates that China’s listed companies did not follow the theoretical ‘Pecking Order’ （Myers,1984）, but a ‘new order’— internal fund, equity, and debt — to make their financial choices. This is because firm’s gearing ratio and solvency did not show a high degree of correlation in China’s capital market, which leads to the preference of using equity. Besides, there are some other reasons： low cost of issuing equity, ineffective financial management, immaturity of capital market, not well developed bond market, and lack of an effective credit rating system.     

Empirical Research on the Reasons for Supplementary Tutoring of Compulsory Education Students

Supplementary tutoring attaches itself to mainstream schooling, aiming to enhance the students＇ performance, thus it is also called ＂shadow education＂ . Since some reasons for the popularity of supplementary tutoring are still a mystery to the public, the present paper is in an effort to analyze the reasons for supplcmentarytutoring of compulsory education students by questionnaires and interviews.     

志高空调的国际舞步

对于志高空调来说，最大的机遇在于充分地借助了入世机遇，立足于广阔的全球市场．构建了一个世界规模的制造平台。在这个平台之上，迅速提升企业在技术创新，组织管理、市场营销、人才资源．成本控制等各个方面的能力，企业整体实力在短期内跨上了一个又一个新的台阶。志高空调股份有限公司（以下简称志高空调）董事长李兴浩在专访中告诉《中国外资》，”如与韩国现代集团。日本三菱压缩机。美国开利等跨国巨头的合作都可以说是中国入世之后带给志高的机遇。”     

On the Nominalization from the Functional Grammar Theory Perspective

this paper intends to explore the phenomena ofnominalization from the perspective of Functional Grammar Theory. With the brief interpretation of the nominalization functioning in the text, it is hoped to make a better understanding about the nominalization.     

Implications of Silence in Conversation within the Framework of Cooperative Principle

Silence is a common linguistic phenomenon which plays an important role in communication. This paper, taking a pragmatic perspective, analyzes silence in human communication and points out its prasnatic value. It indicates that silence is not a negative phenomenon with the Cooperative Principle and then deals with the implications of silence in conversation.     

Vague Language and Its Application in Business English Writing

Nowadays, business letter is one of the most important means of communication. The phrpose of this paper is to study how vague language is exploited in writing business letters, focusing on the application of vague language in Business English writing, and elaborate upon the realization of vagueness.     

The Authority and Charismas of Jack Ma＇s Leadership

Jack Ma is the top manager ofAli Baba group, with a strong leadership. He mixes autocratic leadership and charismatic leadership together. The powers he used are from his position, the reward system of the company and the charismas to gain his leading power. In addition, he uses his charmnas and his achievements to win the mast of the employees, which develop his leadership.     

A Study on the Application of Cooperative Language Learning in the Spoken English Class of the University

Cooperative Language Learning （ hereafter CLL ） is one of the most widely used pedagogical theories, both m China and abroad. It emphasizes on the learnercentered teaching principle and makes maximum use of cooperative activities. Under the guidelines of the Cooperative Language Learning, this paper explores the application of cooperative language learning in the spoken English class of the university     

与做市商制度共同成长

作为首批获得做市商资格的两家证券行业金融机构之一,中信证券在不断做大做强债券业务的同时,也见证了做市商制度的发展历程。通过分享中信在做市过程中的经验体会,希望能够抛砖引玉,与更多同业机构探讨推动现有制度向纵深发展的思路。     

实践对中国市场的承诺——花旗银行（中国）有限公司副行长、司库莫兆鸿访谈

2008年2月26日,中国外汇交易中心发布2007年度银行间外汇市场优秀做市商、优秀会员和优秀交易员名单。根据此次评选,花旗银行荣获交易优秀奖、衍生产品交易优秀奖、外币对优秀做市商三个奖项,该行交易员姚振华被评为优秀交易员。该行在衍生产品交易和外币对的做市交易中表现尤其突出,本刊特此采访了花旗银行（中国）有限公司副行长、司库莫兆鸿先生、资金交易总监尤炯先生。     

美联储关于大型外国银行机构监管的新思路

针对本次国际金融危机中大型外资银行经营造成的金融体系风险，本文强调进一步加强母国与东道国监管当局协调合作具有重要意义。文章系统阐述了美国和欧洲关于外资银行机构监管的新规定。和相关思路，指出需加倍努力推动真正的监管合作，完善对大型外资银行机构监管的国际合作机制，这将有利于增强全球金鬲虫系统的稳定性。     

全球主要货币外汇交易比重变化与趋势——BIS三年一度中央银行调查报告解析

2013年9月,国际清算银行发布了《三年一度中央银行调查报告——2013年4月全球外汇交易统计初步结果》。通过与历年报告比较分析发现,近年来,全球外汇交易量显著增加：主要贷币交易量变化各异;外汇交易向主要金融中心汇浆趋势明显;人民币离岸外汇交易量激增,虽已成为全球第九大外汇交易贷币,但与其他主要贷币相比,交易量仍然较小。上述变化与特点,对中国积极推进人民币跨境使用和建设上海国际金融中心具有重要参考价值。     

认真履行做市义务,努力促进业务发展

我国银行间市场的做市商制度脱胎于双边报价商制度,2007年1月9日中国人民银行发布2007年第1号公告,即全国银行间债券市场做市商管理规定,标志着我国银行间债券市场中正式引入做市商制度。中国银行自成为首批现券双边报价机构以来,积极响应中国人民银行的号召,始终活跃在银行间市场之中。     

积极做市,树立银行间市场做市商品牌

中国农业银行资金交易中心作为银行间市场第一个资金交易中心,多年来始终是银行间市场上交易最活跃、最有实力、最具影响力的机构之一,2002年至2006年连续五年实现银行间市场交易量排名第一。作为银行间市场的首批双边报价商,农行已经连续6年多坚持每个交易日多券种、小价差报价,在发现市场价格和活跃市场交易方面发挥了积极作用,     

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