good morning,ladies and ome to harbin,a beautiful northland ice city of china.i’m abc,from school of economics and management of a very very great pleasure to participate in the 5th international finance conference as the chairman,its my first time to do i really really enjoy being stay here with you this international finance conference has been held 4th times by cfa institute since 1998. the purpose of the conference is to share our experiences and knowledge in regard to the theory, frontier developments and reaserches, as well as possible applications of them in solving practical problems a lot of current issues have been discussed,and some of them have been effectively soluted..
today,as the first time of the conference debut in this city,we’ll have a unique topic of prepared presentations is the application of quantitative methods in finance ,today’s speakers will share their thoughts on how to effectively run models in different issues and give a reasonable ,we’ll have a q&a session,which allows the everyone to ask some questions you may be interested. i am sure that you will find some topics to be presented both interesting and informative. now,let me introduce the first speaker,who is very very rich,not in dollars,but in knowledges and experiences,he got his ph.d in financial economics at the ucb,followed by a series of teaching and research positions at mit and harvard. please dont hesitate to join me in welcoming our first speaker, , whose topic is entitled threshold effect between the scale of shadow banking and the stability of the banking system. welcome.
thank you for the impressive speech far as we konw,shadow banking system played an important role in the last financial crisis mainly derived from its high leverage and asymmetric information h produced a supervision use lack of information, regulators were unable to measure the actual risk of the financial is crucial for to take a further knowledge of approaches to gauge the risk exposure more entirely and more syc has given an eye opener as well as a very meaningful k you again,prof syc.
plz alow me to introduce the next speaker, wusiqin,who is the corporate department manager of china construction bank in harbin. she holds a bachelor degree of science in engineering of hit,she also holds a master of business administration of renmin university of topic today is coordinated development trend of china’s science-technology finance and economic growth welcome miss wu.
thank you for your speech,miss wu. we are delighted to be able to share your new specific strategies and techniques. miss wu’s speech is about frontier science,which is profound and predictive,greatly widen our horizon,as least my horizon. anyway, i would like to express to her the most sincere appreciation
the next speaker,, has hosted a daily tv program with respect to economic issues on the and has appeared on cctv,who is also the author of an upcoming book named to speak to you on innovation
capability of high tech enterprises by gray theory, please weclome mr jxs with the warmest applause.
wow what an innovative idea,to quantify the inonovation ability and classify into different categories. try to think about it and you’ ll find its very enlightening. thank you for the excellent presentations and ideas.
now,i ll be very pleased and excited to introduce the next speaker,mrs hujianjie,who is the vice president of cfa represent the sponsor host unit ,it’s the fifth time for her to be the final breadth and depth of knowledge,profound discoveries and distinctive ideas always cause shock at the y,mrs hu will address you on relationship between stock liquidity and asset liquidity of listed companies,i cant wait to her inspiring ideas. welcome!!!
thank you very much for the extremely enlightening presentation. generally,we wanna investigate the correlation of asset liquidity and stock liquidity, thereby linking stock liquidity to corporate finance the relationship between asset liquidity and stock liquidity is her speech, mrs hu introduce a useful model to explore the ambiguous relationship,which may shed new light on the importance of firm’s investment and financing decisions.
ladies and gentleman,our distinguished speakers hv finished their presentations,we now enter into the question and answer ng this session,,,,anjie and i will be very happy to answer as many of your questions as we could.
are there any questions
ok,well,i m sorry to say that this session will have to stop k you for your questions.i hope this was as good a session for you as it was for us.
ladies and gentlemen,
i shall end here by thanking you for coming to the the 5th international finance conference. i hope that you have benefited much from the conference and from discussions with colleagues.
i would like to thank and the cfa institute for offering me the opportunity to be the chairman.
thanks to everybody who has contributed to the conference and all other k you for your time and attendance.
ladies and gentlemen, you have my best wishes for your still greater achievements in your career. now, i declare the conference meet again in beijing in 20xx.
1. prologue
thank you, mr. chairman, for your gracious introduction. i am honored to have the chance to address you on this special occasion. the topic of my paper is “transaction cost and farmers’ choice of agricultural products selling”. the outline of my talk as follows. the first part i want to introduce the background of this research. the second part suggests a simple household choice model third part covers the data used in this research. and then, we introduce the empirical results. finally, a simple conclusion is given.
2. introduction
well, let’s move on the first part of this topic motivation of this work like this. institutional economics posits that agents making decisions on different types of transactions do so in a costly way example , farmers deciding sell a particular crop to whom base their decisions not only on the price they expect to receive in each market choice but also on additional costs related to transacting in these markets.
i want to use a picture to illustrate it. for example, given some market channels, farmers’ choices can be regarded as equilibrium between the surplus and the additional costs that related to transacting cially in developing countries, high-value crop producers fully participate in the market and the transaction cost has been the hard constraint to farmers. furthermore, farmers’ market choices can be taken as a choice dilemma of transaction cost and production surplus. consequently, the scientific question of this research is how transaction cost affects planters’ choices.
3. methodology
let’s move to the theoretical model of our research. consider a household model in one rotation. in stage 1 , famer η needs to allocate the input factors process can qbe set into a function like this q q( p , w , z ) , qη means the output farmers decide qto produce .p implies the output price w implies input price and.z: is fixed input. once produce what and produce how many are decided, next question to be considered is how much products to be transacted in market. here we use three cccη means how functions to describe this question. the first equation, c p , z
much agricultural products used by famers themselves. p implies the price the cagricultural product,z suggests the fluctuation of cη. the second equation q q c, qη means the amount of agricultural products transacted in
qnmarket. the third equationi q implies the amount exchanged in nth time.
in stage 3, farmers will decide to sell the products to whom. chanel j’s market price is
bdecided by an exogenesis price and farmers’ negotiating *
jb(qi,zi)besides this, we use a matrix to show the net profit of chanel jx ik ik, ik
and then farmers’ choice can be expressed in a typical choice model
exp(xij)pr(jij|xik)1 exp(xij) k1
based on the choice model, another important concept is famers’ channel choice , we set five types rank by the market barriers. accordingly, we set a group discrete number to express them. y: dependent variable y=5,means farmer choose
brokers. y=1, farmers sell products to consumers directly.
4. data and estimation procedures
here, we illustrate the data distribution with this map. according to the agricultural regionalization from department of agriculture, the apple specialization areas in china contain two parts: bo sea area and loess plateau. bo sea area in red color, contains hebei, shandong and liaoning 3 provinces. and loess plateau in green color, contains shanxi, henan, shaanxi and gansu 4 provinces. firstly, we use pps method to get the first stage sampling unit 14 counties in 7 provinces. then use random sample method to get village and household. they are our sample distribution.
5. empirical results
6. conclusions
女士們!先生們!歡迎大家來參加心理學學術大會。首先，請允許我向大家介紹今天的特別嘉賓：丁芳教授。丁芳教授來自蘇州大學教育學院，是發展與教育心理學方向的導師。丁芳教授的主要研究方向是兒童認知和社會性發展。兒童的認知發展研究是兒童發展心理學的主要研究領域，包括兒童對自然現象的認識，以及社會認知心理理論和兒童的語言的習得等。兒童社會性發展主要用精神分析、社會學習理論和認知發現理論來分別解釋兒童社會動機和情感、社會行為及社會認知的發展等心理現象。兒童認知發展水平是其社會性發展的基礎， 兒童社會性發展又能促進其認知的發展，兩者之間是相輔相成的關係。那麼下面讓我們有請丁教授，讓她向我們詳細介紹這一領域的主要內容和她的主要研究成果。
女士們!先生們!歡迎大家來參加心理學學術大會。首先，請允許我向大家介紹今天的特別嘉賓：丁芳教授。丁芳教授來自蘇州大學教育學院，是發展與教育心理學方向的導師。丁芳教授的主要研究方向是兒童認知和社會性發展。兒童的認知發展研究是兒童發展心理學的主要研究領域，包括兒童對自然現象的認識，以及社會認知心理理論和兒童的語言的習得等。兒童社會性發展主要用精神分析、社會學習理論和認知發現理論來分別解釋兒童社會動機和情感、社會行為及社會認知的發展等心理現象。兒童認知發展水平是其社會性發展的基礎， 兒童社會性發展又能促進其認知的發展，兩者之間是相輔相成的關係。那麼下面讓我們有請丁教授，讓她向我們詳細介紹這一領域的主要內容和她的我主要研究成果。
rman,ladies and gentlemen , welcome everyone to join psychology academic
t of all,i would like to express my deep appreciation to the organizing committee giving this opportunity for me here possible,then i am also greatly honor to introduce my tutor,professor dingfang. professor ding comes from the education department of soochow main research interests are in children’s cognitive and social development. children's cognitive development is the main areas of child developmentalpsychology research ,that investigates the children's understanding of natural phenomena,social cognition (ry of mind) and language aqusition in childhood reaserchers in area of children social development use psychoanalytic theory,social learning theory and cognitive development theory to explain the children's social motivation and emotion, social behavior, social cognition development and other mental level of children's cognitive development is the basis of their social development. in contrast,children's social development contributes to their cognitive development. in a word,both between is complementary relationship. so let's welcome professor ding to give our detailed introduction about main contents in this field and her main research achievements.
thank you very much.
theory-of-mind development is the area of cognitive development
research that investigates the nature and development of our understanding
of the mental world—the inner world inhabited by beliefs,
desires, emotions, thoughts, perceptions, intentions, and other mental
states.
開場
各位優秀的合作伙伴，大家上午好：
好，謝謝大家的配合，今天哪，咱大家來到這裡咱大家就是一個團隊，說團隊講的就是一致性，當我向大家問好時，大家的迴應能不能更加響亮，更加一致呢!現在我跟大家分享一個問候方式，當我問候大家好的時候，我希望大家迴應我的不只是一個好字，而是：好!很好!非常好!好嗎各位?我看誰的聲音最大，聲音越是大的老闆今年你的錢包就越大。 各位優秀的合作伙伴，大家上午好：
就憑這一句我相信今年各位老闆的錢包一定會大大的、滿滿的。
很高興今天能站在這裡與大家一同學習，也很高興在這裡與大家相識，今天也有幸請到了公司的幾位領導在這呢做個自我介紹，我姓張 叫 帥，是咱福源集團重點品牌市場部的一員，雖然我叫張帥，但是長的帥不帥這個是大家說的算，我相信群眾的眼光是雪亮的，大家覺得我長得還可以就請大家給我來電點掌聲。 謝謝大家，謝謝大家對我的鼓勵與支援。
今天呢、感謝各位老闆在百忙之中抽時間來參加我們福源集團舉辦的“技術拔尖營”我們的技術拔尖營截至目前已經成功舉辦34期，受益的學員達三千多人，直接影響終端養殖戶上萬人。我們技術拔尖營的開展，一來是為了更好的去幫助各位老闆維護好你的客戶，讓您在下邊有一個大的客戶群體，而來是幫助各位老闆發展好門店，讓大家的生意越做越大，也能夠讓大家與教授面對面的交流、溝通、探討，從而增強大家的致富本能。在此之前不知道大家對我們福源瞭解多少?我想問一下大家都與福源合作多長時間了?你感覺我們福源怎麼樣?究竟我們福源集團是一個什麼樣的集團呢?那下面了我們就通過宣傳片對我們公司進行簡單的瞭解。。。。。。。。。。。。宣傳片看完了，我相信我們福源集團什麼樣子在大家的心目中已經有了一個簡單的印象，在這裡呢我們福源集團也敢說我們福源集團是有能力幫助大家發展好您的事業，因為我們有一個足夠大的平臺，當您在發展中遇到問題時候，您可以通過我們的市場部，以及公司的各種資源來解決您的問題，我們也會盡全力去幫助您，去支援您。
在這呢我想問大家一個問題，各位老闆對您下邊的養殖戶，以及當地市場的資訊有了解有多少?這位老闆，您知道您下邊您的核心客戶有多少嗎?您當地市場的存欄量有多少?其實這些問題應該說是各位必須掌握的，但是呢，有多少老闆都對自己客戶的基本情況都不瞭解，前段都遇見過這樣一個客戶，我們的市場推廣人員去給他做市場的推廣活動，他的年銷量也就是三四十萬，我們的推廣人員到哪裡之後先做當地的市場調研，發現當地存欄量要比經銷商說的要大得多，而且用藥量也非常大，最後我們一個市場推廣活動收回預存款將近40萬，一下子盤活了整個市場，最後經銷商激動地說我想都想不到當地市場有這麼大的存欄量，也沒有想到這種雞有這麼大的用藥量，其實你掌握當地的基本情況是非常重要的，這有利於你針對當地市場制定你門店發展的策略，現在呢我們公司針對幫助各位經銷商針對終端的市場推廣活動也受到了各個地區的一致好評，在場的各位如果你還在為你大量的庫存而苦惱，為在當地推廣難而煩憂的話你就可以與我們的業務人員，與公司方面聯絡，我們將派我們專業的市場推廣人員來為您排憂解難。
宣佈課堂紀律
好各位，說了這麼多，今天我們究竟是來幹什麼的，我們今天是來學習的，大家說是還不是?那麼一個好的學習環境對我們學習效果是不是很有幫助?
那請各位全體起立，拿出你們最酷最炫的手機，跟我做一個動作，把你的手機用左手高高舉起，舉得又高又直的就是高手，然後右手搭在你右邊朋友的肩膀上，邊拍他的肩膀邊跟我一起說：在講課的過程中，如果我們的手機響起，我就把它送給你，成功者言行一致，說到做到。
大家要不要把自己的手機送給別人?(不願意)那好，現在給大家10秒種的時間把手機調整為關閉或靜音，振動狀態。有句話叫“既來之，則安之”各位老闆在生活工作中也是非常的忙，今天既然來了就就好好的放鬆一下，當然你也給你的手機稍稍的放上一天的假。在今天整個學習過程中，也請大家不要隨意來回走動，交頭接耳，不
要中途退場，咱每個課程完畢後回留給大家休息的時間，感謝大家的配合。
今天咱請到的教授是。。。。。。。。。。。。。。。。。。。。下面以熱烈的掌聲歡迎我們。。。。教
授。
下午
各位老闆中午吃好喝好了嗎?好，大家能吃飽喝好就行，今天下午在會議正式開
始培訓之前呢，我們做一個小小的遊戲，這個遊戲有助於我們將來家庭更幸福、事業更成功。
當我們做遊戲的時候要不要全力以赴，要還是不要?
因為成功是一種習慣對嗎?
好，請大家雙手開啟，十指張開，(很好)，現在呢，聽我數數數到123的時候，
大家迅速用力的把雙手交叉，叩在一起，各位請注意，速度要快，聲音要大，叩起來就不要動。各位當我數到幾的時候?(3)，大家全力以赴，準備好了，速度要快，聲音要大，
準備。一、二(主持拍手)，各位我說三了嗎?為什麼大家都動了，大家說我你
好壞，因為你動了，所以我們都動了。
各位說明一個問題哦，在這個世界上大多數的人都非常相信自己所看到的，不太
相信自己所聽到的，對嗎各位?
各位，請問大家，要想成為一流棒的管理者，要想成為一流棒的推銷員，要不要
先成為一流棒的傾聽者，要還是不要?
所以在座的各位，我們再練習一下自己的耳朵，雙手再一次的打開了，準備好，
全力以赴，準備，一、二(拍手)，又有很多人上當了，又說明了一個問題，很多人經常會在同樣的一個地方跌到多次，對嗎，
各位?各位請問大家了，你們覺得一個人是年輕一點成功點好一點，還是老掉牙
成功好一點，
所以更年輕更成功的關鍵就是，不要在同樣的地方跌倒多次，好不好?
事不過三，大家再來一次，雙手打開了，準備，一、二、三，叩起來不要動，低
下頭來，看看你們的大拇指手指頭，測試一下成功的級數，低頭看一下，
各位注意啦，左手大拇指壓在右手大拇指以上的朋友請把手舉一下，舉高一點，
各位我要非常恭喜的告訴大家，具科學家兩萬次以上的統計，像你們這樣的朋友都非常非常的成功，請給自己掌聲鼓勵一下。各位，千萬不要換手指頭，那麼，右手大拇指壓在左手大拇指以上的朋友請把手舉得越高越好了，各位，我要更加恭喜的告訴大家，像你們這樣的朋友非常非常容易的賺大錢。
那麼，有沒有第三種情況的，當手指合起來，手指一邊平的，有沒有?舉手，我
們仔細看一下，具心理學家一萬次的統計，像你們這樣的朋友屬於既成功又能掙大錢的朋友，熱烈掌聲鼓勵一下。
所以各位，我們一個人生存在這個世界上，他活的狀態重不重要?一個人不管有
多成功，有多幸福，多有錢，他最後追求的境界都是兩個字——快樂。所以從認識張帥這一時起，大家把這種快樂永遠的持續下去，好嗎?來，給自己一個世界級快樂的掌聲。
下面呢，我們每人發一張紙，把您在你的養殖中遇到的問題都寫在紙上，一會咱教授會針對咱的的個問題給大家一一的解決。咱這個技術拔尖營就是幫廣大養殖夥伴解決問題的，咱教授也是來跟大家分享多年的養殖經驗的，所以咱們要充分的把握今天這個機會，將您在養殖中的問題寫出來，然後解決掉。好把咱的問題都收一下。
今天下午咱的會議正式開始，下面以我們熱烈的掌聲歡迎我們的。。。教授。
訂貨
大家說咱的老師講的好不好?那就再用我們熱烈的掌聲歡送一下我們的老師，今天老師講了那麼多，大家究竟能收穫多少?其實大家能學到東西這是最重要的，這也是一筆財富，雖然
是無形的財富但是這是大家最需要的，今天公司不但給大家帶來無形的財富，而且也給大家帶來了最優惠的公司政策，只要您，，，，，，就能，，，，，，，，今天大家能在百忙之中抽出時間來參與我們的技術拔尖營，這是對我們最大的支援，我們也知道大家都是比較忙的，會議呢也佔用了大家了一天的時間，所以我們公司也拿出自己的誠意，您只需，，，，，就能，，，，，，機會只有今天一天，而且這個優惠政策只針對今天參會的各位老闆，時間也只有今天一天，機會也只有今天這一次。
三優範文網