冲破黎明前的黑暗

沪指开盘于1446．52点，最高1452．86点，最低1327．77点，收于1341．74点，跌幅7．24％，振幅9．42％；深成指开盘于3415．38点，盘中摸高至3436．41点，最低探至3146．61点，报收于3185．72点，跌幅6．72％，振幅9．21％。     

对盈利质量的需求与中国资本市场的基本面分析

It was reported that Chinese fund managers are patiently planning for the long-term with expectations that China‘s market conditions will improve, recognizing that regulators continue to take steps to improve corporate transparency. This paper discusses the relevance of high quality publicly available earnings information, how accounting standards influence the quality of reported earnings, and how capital market participants act as monitoring forces for earnings quality. Using the U.S. market as a benchmark, this paper considers earnings quality characteristics and monitoring forces in the context of the Chinese market. My overarching premise is that high quality analysis of high quality accounting information is crucial for the efficient flow of resources through a capital market. Thus it is instrumental to the growth of China‘s financial market and its economy. To this end, the paper summarizes potential impediments to high quality earnings and high quality analysis in China.     

向创新管理要效益

移动剥离以后．北京通信的业务增长率大幅下降。2001年，完成业务收入93．75亿元，同比增长率仅为1.67％。2002年元月至7月．北京通信业务收入累计完成53．79亿元．比上年同期增长1.78％。面对日益严峻的市场环境．北京通信如何开拓市场，提高企业效益，实现可持续发展？     

通信政策信息

信息产业部发出通告 五种增值电信业务向香港开放 根据中央人民政府和香港特别行政区政府签署的《内地与香港关于建立更紧密经贸关系的安排》及其附件的有关规定,信息产业部发出如下通告: 一、自2003年10月1日起,允许香港服务提供者在内地设立合资企业,提供下列五项增值电信服务: 1.因特网数据中心业务; 2.存储转发类业务; 3.呼叫中心业务; 4.因特网接入服务业务; 5.信息服务业务。 二、香港服务提供者在合资经营第一条增值电信服务业务的企业中拥有股权不得超过50%。 三、对香港服务提供者与内地合资经营第一…