Why not publish the text wave to all the evidence

 A
noon Mr. Xiang Wenbo just seen the latest blog, Mr. Xiang in the : The intention of the investors a 1 billion yuan,
quotes a JP Morgan Chase Mr. Xiang has been the disclosure of information, apparently he overlooked, and this is his citation of this passage: for the acquisition of the old shares, we do not exclude use of IPO shares combined with the acquisition of the old ways. We would like to combine the company's actual capital needs, to shareholders of the investment structure and the seller for further discussion. , JP Morgan Chase 3.194 billion yuan of the total price, the same may be the same as the Carlyle offer, including the subscription of new shares in the capital - and that in the Carlyle program, reflected the company issued new shares by way of capital 30 billion yuan, then, according to Mr. Xiang's formula, the actual income of Xuzhou SASAC will be: the old JP Morgan Chase shares subscribed 1.94 billion, coupled with its IPO of 3 billion yuan in 15% of Xuzhou SASAC's total income will be only about 6.5 billion yuan. not that contrary to Bi Kailei program less than 10 billion?
fact, I believe the subscription of new shares in JP Morgan funds the program will not be as high as 3.0 billion RMB, I chose a very short discussion of this issue the way, is like a stress in the JP Morgan offer to subscribe for new shares in the amount of money is an important variable, ignore this variable to compare the two programs offer , is wrong.
wave equation with the text of the total of the price of JP Morgan Chase (3.194 billion yuan), to cut the program in Carlyle subscription price of the old shares (about 2.2 billion U.S. dollars), so the program can come to Morgan writing style, it seems that the text should be on a formal merger reference to the original.
then, to whether Mr received only the content? If Mr. Xiang received the two companies complete the acquisition of the program, why not full disclosure? < br> Mr. Xiang has a blog to ask: What exactly is the value of restrictive clauses to 10 billion?
this problem, and now may have to be answered by his own time. Carlyle and JP Morgan plan program , in the these terms can be worth in the end.
four
Finally, I would like to appeal to Mr. Xiang Wenbo, immediately released all the available evening, Mr. Xiang Wenbo on the phone asked me the same way.

U.S. War rhyme love

 Reproduced in 39,100,506 of the QQ space
】 【Feng Yun War Maple brow and smiled the United States, Polygonum foul mouth and the sound of floating. Piece boom waning, the Shuangqi run my poems beads. A leaf carrying the autumn eyes , Ying pretty dance dance, Eau warm sun, moved a cloud, the rhyme of a gorgeous, body products a true romantic, pregnant with a ray of sadness, mourning the rhyme taste of maple. experience the beauty of maple; leaves falling, bright red War rhyme, The red dye the U.S. is cream, the maple leaf one thousand tenderness; the United States is full of bands Leaves, Leaf River Township, New Harmony; the United States is Feng Ye Rudan, the brilliant red maple leaves green. find Maple War, War is scared autumn maple leaves, leaves without cream Shen sigh; War is Maple Leaf For disability, Maple Leaf residue Dan's sad; War is the river has passed, Tingxia Feng worry moans. Feng of the United States, maple rhyme, harmonious action had, the taste of maple rhyme War. I picked up a bright red Maple Leaf, stack is a pocket, took the splendid season, left behind a land Chouchang. is dense over the mind, is to hang over the United States and the mood.】 【Autumn Moon Death in mid-day, Gui Yin stink cloud, cloud drifting away, blue sky. Yun United States is melting pear months, catkins light wind loneliness; find rhyme month, the rhyme was held last full moon, the low end of nostalgic longing; rhyme are joys and sorrows, wishes shade wanes; rhyme is under the sea rose month horizon the when successful. Yun month the United States, on the War, Sad feelings hurt. chilly autumn wind blowing over the graceful youthful, float to the surface layers of corrugated touch Emotional. inadvertently picked up a red leaves, plucked a daisy and watch the moon lost , we think that it is less autumn. Thus, holding a golden and dripping is the setting sun, golden light shone all over the floor to see the beauty of autumn and enjoy the autumn full moon dance golden rhyme, savor, that has been absorbed. tired of being the window, pick a real estate broker Shen Hao Wan moonlight, was under the table, boiling down season Acacia, a moon of War Yin, Yun slightly desolate beauty, clarify a muddy move, throwing cold quiet night. 【】 flowers from the Flower and the War Falling water, gravity, an Acacia, Xianchou. flowers before, Ju Dong, leisurely to see the mountain, such as like the romantic sunset; the United States is less danger through smell, full of brilliant shining armor town. find Ju War the United States, War is the evening rain, residual Ju ridden Sad; concentration Xiao Yun is exposed to laugh, residual smell of crisp fresh air Yi; rhyme is better to die sticks stink, the proud and have not blown. Ju Yun United States, Ju War, tenderness Wanlv. the night wind to worry about, lotus drag away in autumn, too, a place lotus, Xin Silu foul , single point of Autumn, beautiful little purple Yi War, residual smell the flowers. Yun ink and master of writing, the Iraq War has red makeup, flowers have been drunk, the flowers had no smell, worthy of love to silence, has been off the Binh Duong , dye, the sadness of autumn color, leaving a magic emanation of the United States of Shame. 【】 Chang Yen Emotional Death in the earth thousands of miles worry, hair Dihua blame a mark. If Homelessness see two or three leaves, anxious weeping piano Youyan evening. feeling faint, Italy earnest, independent, see Gu Ying Li at dusk, the situation entirely, had to wander the old Iraqi had the heart attack can not look in the king worthy of affective loneliness thin. Mochizuki Ming, Su Ying solitary, think in silence, broken every thought. rolled around a strand of black hair sad. Susan water, Hun Yi Ripples, hear the sound Zen Di Hao Yu, twilight tours FY Yishao days. moon and stars, Aomi mulberry, lotus light scattered thoughts, breaking open a master, distressed one, the end is no regrets, so why can not forget, Sansei sentence under oath stone. I Lingbo neighbors, Yuli Red shore, wind blowing into the shadows, flowers dance limp District Council, and other sound you late Xiao, Yang shallow water, muddy Mekong floating thoughts. Is this millennium attack look, only to encounter a glimpse of that rush? white wins the snow, you breathe from, whose son went to the edge of my heart sink if the fly like a dream, like soft smoke blurred tempting , a Chi piano, jug of wine, a river of cloud. instant dies, Ling water away. goaf wave fireworks, deserted the beep, pull off the pipa! not sleep before three thousand scattered, autumn sky Ye Piaoling zero. residues to the solitary night with tears. Early white hair, not the middle-aged. blossom knows the time, accompanied by cold and warmth is difficult. has always been knowing each other less, accompanied difficult. Xi Love volatile, ruthless sigh water, spent the next month before Guzhen sleep. Jun heart like water flow less, I read you were born the night of Acacia. sunset glow sunset space telescope, compared with their own attack, flu flowers splash, do not hate yesterday, ponder heart tail. Zhihen promises, empty downtown to do, Shaohua loss, without knowing each other, hard-phase pull. empty ask partly hide his face, sighed Musical, leaving me. left their tears, line market Shame!
love, and I feel something of the past
Essays

And knives such as water, salt Wu Sheng Xue, breaking new orange real estate broker

 The afternoon meal, Yuanyuan said she can eat oranges cut. I laughed and said: I think a poetry, real estate broker cut the new orange. The result that they did not hear clearly. Until I repeated it to understand. but to please fine me, that I compiled some of the sentence, but why say that the ancients said. This to wonder. I'm not so great ability to compile poems yet. I said something original July Falling Star, August Weiyang September dew condensing light cream. Oh, this really is inside the Book of Songs, but also have their series. but I always thought that is supposed to be saying that. look up to find that the sentence should be: July Falling Star, clothing grant in September. as I always thought that things do nine out of ten, followed by two or three with the same humanity. double allusion, is not the case.
two days they have been canceled when I tell jokes, not finished, its first laugh speechless. think about it, do not wrong me. Oh, Yeah entertain.
recent oranges really quite delicious. think that a slender white to gently cut oranges. we asked BAIDU, himself remember. Indeed, the broken image of the word more than the cut characters.
to eat oranges.

Yichang Attractions 3

 Yichang Mi Mi City
two Dangyang Township in the territory of the city, 22 km from the city of Yang Zhen Yu, the ancient city ruins. Legend has it that the Three Kingdoms Shu Mei Fang Shou will be built by Jiangling. Wall perimeter 1670 m, with a total area of about 4 million square meters. Wall is elliptical. rammed earth walls are built by the base, 12 meters wide at the bottom. City of the East, West and north, with walls three relatively remote earth station, said there are 3 Camp displace. city has three large weir, Mi-rich city of lotus root. legends ChangBanPo war, Cao Liu Bei was trapped by his beloved wife Mei Furen, Toujing suicide soul to leave and wander the city to find his brother Mi Fang Mi, in the wash, so that water became sweet, tender and lotus root, lotus root from well-known Mi City, a famous native Dangyang.
70 years, the provincial, city archeologists in the city has to Mi investigation, exploration and discovery: the city was modern to the Han dynasty upper cultural layer, middle layer of the Zhou Dynasty, the lower layer of the Neolithic culture Qujialing types, especially the most relics of the Eastern Zhou period. Therefore, the city is likely to Zhou Mi right to state capital, still in the Eastern Han Three Kingdoms follow .1979, the Mi city was listed as city-level key protection units.
Address: Township within two Dangyang
Address: Baidicheng
[Yichang] in the Fort Island
Castle Island, also known as Hill, a little non-Que at the , 6000 years ago, the ancestors of the human habitat .1979 there in October, archaeologists in the Fort on the island, to explore a variety of artifacts more than 10,000 pieces, and they are stone tools, pottery, bone, jade, both axes , shovel, hoe,   production tools such as the original, but also bowls, plates, tripod, cups and other daily necessities, as well as rings, sulfur and other ancient ornaments, of which a maximum of pottery. Fort Island, unearthed in the Neolithic artifacts for the study of western Hubei provide important information on ancient culture, but also for exploring the origin of Chu culture provides a reliable clue. world-renowned Three Gorges dam project dam site, on the election in the Fort Island.
Address: Taiping Xi and Sandouping in between
[Yichang] Yichang, Wushan Wushan Lesser Three Gorges
Small Three Gorges is the largest tributary of the Yangtze River Three Gorges in Daning River in Wushan County of Longmen Gorge, Pakistan Gap fog drip Green Gorge, collectively, length of 50 km. Gap in the clear water streams, and peaks towering trees and verdant, the monkeys are blowing wild passengers. There are emerald mountains, with peaks are odd, with springs are flying, misty, river rapids must, birds whipped, mandarin ducks playing in the water, forming an impressive natural landscape beautiful gallery. well kept secret of the Palestinian People Lived through the ages, confusing and fascinated the ancient plank road, ancient customs still exist, sophisticated rustic Dachang town, composition a deputy memorable cultural landscape. it all, constitute a small gorge of the Three Gorges scenery beautiful and strange, as wonderful tourist destination, known as Reading is the Daning River tributary of the three horse stays Gap, the King of Qin Gap, Long Beach Canyon gorge three sections collectively, is about 20 km, where the matched peaks and varied landscape, beautiful scenery, water gentle, crystal clear, cross-strait confrontation cliff, rise steeply climbed, the narrow river, the heavens opened line, like an exquisite cunning valley bonsai, there are irresistible temptation. the most attractive for leisure travel, physical exercise as one of the scare, security, fun , fun long period of return to nature of the self-participatory water straying. Wushan Lesser Three Gorges is a bright pearl in the scenic area, a beautiful wonderful.
Pakistan fog Gap is a small gorge of the Three Gorges of the second, from the East pingba Pacific Beach only until a total length of 10 km. sleepy fog River Gorge in Pakistan named tributary, also known as coffins, also known as Guanyin Gap. Gap peaks protruding rocks scales Xun, Biliuhe quiet drip, like people, like objects, like animals stalactites form a lively, is the sculptural treasures of the natural gorge. Gap, engraved with the West Bank, is a beach port, named the turtle beach.

Read in Taizhou Samuelson

 Read in Taizhou Samuelson
Zhou Qi Ren
early April, the Economic Observer reported
Taizhou, Zhejiang, on the road with Samuelson (Paul A. Samuelson) of the paper. Is about several classmates Well, to discuss a major concern of this paper. to say love is his life: with a little thing read, walk in the real world to see, read, think. , break rolls the book resurgence of protectionism, what to see during the interests of the gains and losses, caused a controversy. The article published in the American University, Summer 2004 JPE. Savon has always been famous world-class, with arguments seem to support the popular view of globalization, different from , or sensation is also difficult. classmate checked, self-Savon this great article published today, the international debate continued.
is indeed the master of pure economic theory, Paul Samuelson put a diverse complex to get started The trade deal was a neat and tidy world. of course, first with the tradition of Ricardo and Mill to ask: if the two products of two different products, different economic productivity, close to each other, never in contact with the results? each other open and free trade, so what? conclusion is of course the famous
Savon then asked if the change in productivity between the two countries, free trade between the two countries to enhance the total welfare of the inference, variable or constant? this end, he distinguished between two situations: First, a country in comparison with advantage, greatly improved productivity; Second, a State does not have a comparative advantage in the original area, unexpectedly improved productivity. read here, we have to be careful: if the productivity increase in the two cases are the same, Sa Wilson Miao why Guzuogaoshen such scholars, the problem dealt with separately non? this case both productivity and progress, what is the difference then?
or take Weng envisaged the first case, making shirts for China's comparative advantage, when the Chinese-made shirts greatly enhance productivity (Sa paper assumes that would harm U.S. interests? Of course not. because the Chinese-made shirts productivity, the productivity of American-made aircraft has not changed, so the relative price of Chinese shirts cheaper. That is, the U.S. productivity in terms of trade because the Chinese shirt upgrading and improving.
The terms of trade in China and how it? Saon analysis is dependent on demand. Both goods and shirts shirts mm technological advances to improve the welfare of the Chinese on this side. added together, the derivation of Savimbi, > But Samuelson productivity gains envisaged in the second, the situation quite different. Please note that this productivity improvement, not in making shirts department, but in the comparative advantages of China had no aircraft! This is of course is a bold idea, because China only has a comparative advantage in production, has always made shirt only, not make an airplane, where to build the aircraft to enhance their productivity? Savon certainly understand our questions, so he specified in his China import departments in the technological progress, is completely Savon mm if the answer to shock the world in aircraft manufacturing in China is really to improve productivity, it could the master of a heavyweight, for What other home mm actually stop to anti-free trade stance was incredible. the most exciting of course, Samuelson himself, he stated Doctrine of the conclusions. mm is the concept of the Saon sudden large increase in China did not have the comparative advantage of the situation made aircraft productivity mm relative benefits both countries, what will change? Samuelson reasoning as follows: (1) World the potential to greatly increase the total output; (2) the comparative advantages of American-made plane down, until the rise of China-made aircraft, the productivity of such a position, that advantage of any import and export . China, of course, but also trade in no time. But this time China has raised the productivity of the aircraft, you can enjoy the real per capita income close up.
I suspect that readers will not much like the reasoning. I do not like it. However, under the premise of the setting, the students and how I push, Samuelson still standing. another way to it. So we read in an article criticizing, made a huge technological progress is unrealistic, because in the free trade status, China and the U.S. can only lead to their specialization to enhance its original comparative advantage. Virtual naught, his rigorous logic that is not to become a castle in the air?
However, I would think that Samuelson paper where the most powerful, just that he on the a substantial increase in the productivity of the department Look, this is said to have per million resident population of 1,100 local companies, striking advances in manufacturing productivity. chasing down look, there have been areas of technological progress, are all
to the visit of the three Companies. first do motorcycles and ATV engine, the second export tents, sun umbrellas and beach chairs in fabric, and the third capacitor used in manufacturing electronic film. of course, the aircraft is not made, but these 3 line of business, a short year and a half ago, long years ago, in Taizhou simply do not exist! they are not that as long as some people have hit the first shot, fought a successful failure, imitation innovation and use both hands, as if inadvertently arranged locally for a considerable proportion of the national market share of a mm does not rely on a relatively faster progress in productivity, but also rely on? return more than a decade of view, I am afraid only of comparative advantage in Taizhou Stuff! can only improve if the original will always have the comparative advantage of sector productivity will not have today off Taizhou.
little further to see, not only in Wenzhou, Ningbo, Shaoxing, Zhejiang Province, the Yangtze River Delta, Pearl River Delta is one such up, and then the United States to Britain, and later the United States, Japan, and the Sa above-mentioned , in the original does not have the comparative advantage sector productivity revolution occurred, it is the common feature of the economy come from behind. So Savon's the idea, not only real, and very common. gently used acts as a highly simplified model of the premise is simply is a flash in the pan.
readers may want to ask: tumbler Saon concept premise, its reasoning and impeccable, Could you also agree that in a limited range can not find what basis do not agree. only to add that the real world of Western and Japanese comparative advantage is still a lot of stuff also, China, India and other countries do not have a comparative advantage in the original field productivity improvement has just begun, however, far from universal, but not fast enough. Therefore, the so-called that amount in advance. long-range look at the world trend, I think that Samuelson's concern for a reason. To avoid damage to U.S. interests has long been the fundamental way out is to continually develop more products with comparative advantage and trade, while more defensive speed up the adjustment live production and services. how many time? benevolent see benevolence and the wise see wisdom. stood Taizhou, the United States to add a hard time  . 

Fashion coat

 Woolen material can be luxurious and elegant in the winter gives a warm feeling, and self-cultivation woolen coat dress can make you the temperament of the most beautiful scenery this winter! Then choose a good clothing is a top priority, and today I'll make you recommend a dress, how South Korea MM remain fashionable in the cold winter and warm to the charm, if you are a MM fashion, then the wish to learn from it because this dress has Korean agents Shopping sales.
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OL with pink and purple to break the curse of the low-key black and white, palace-style and elegant design, the trim hair treatment, so that the pieces of woolen jacket look noble grace. pink purple collar brighter the color Chende, with even a trace of elegance woolen skirt. This section also has a Japanese Shopping Clothing admissibility, those who like Korean, Japanese stream of such clothing is not anti-all term crush See, these costumes are wild, and see it,
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you would like
now, with the range of popular European and American classic plaid shirt England hot again New, improved version of colorful plaid shirt Plaid won control of many of their favorite MM. for in fact many find their clothing, like a large doll pink dress that's pretty good, this dress for Asian girls petite body type requirements in making the original version too much wool shirt transfer element, the temperature in the winter outfit favorably with grace! gray plaid purple color vision low-key, no deliberately unassuming young girl loved by many. with adjacent color can add the appropriate blue elements, build-level More brighten the color, you can pink official website big fancy doll clothes they like.-season clothing is also increasingly being accepted and loved by the influx of people, including summer dress soft texture of its most favorable for sweet, as long as with properly, summer dress, but rather Fahsion MIX winter Oh,
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colder weather this winter, many of the city is already a vast expanse of whiteness, we are now a large doll pink Taobao flagship store to buy a set of favorite clothes in the cold dawn ready to roll. fashion coat against the cold the most to the force, you are quickly to pick up a MM for his stylish coat it!
small Shop Address:
recommended this product:
Korean version of the cardigan, a long section of straight-type leave two girls long sleeve sweater jacket Price: 98.00 yuan
Korean collar double-breasted long-sleeved and long sections Pure cotton flannel lining wool cashmere jacket Price: 80.00 yuan
Korean version of the Slim-type high-necked long-sleeved striped hedging girls cashmere sweater Price: 58.00 yuan in the waist corduroy
Korean girls feet pencil pants / casual trousers Price: 75.00 Yuan
wild Korean girl in the waist and wide leg cotton trousers / casual trousers Price: 68.00 yuan

From state-owned enterprises began to narrow the income gap

 According to the Ministry of Human Resources and Social Security Institute released the latest wage data, industry, the income gap in China has expanded to 15 times. In 2006 -2007, Japan, Britain, France, the wage gap between the highest and lowest industry is about 1.6-2 times, Germany, Canada, the United States, South Korea, 2.3-3 times in between. From the current information, the income gap between China's industry has grown in the world. (billion in the first batch of rare earth ore mining area designated national planning Ganzhou, Chinese hackers accused of theft of transnational oil firms Photos: Seven beautiful and rich woman inventory of sports life on the line two rooms in China how to deal with

In fact, the income gap in China has long been the industry become However, when people know that the income gap in China has reached 15 times the industry ranks the world's first time, or feel very shocked. Currently, electric power, telecommunications, finance, insurance and tobacco industries average wage of workers in other industries is 2-3 times the average wage, if coupled with wage income and employee benefits differences, the actual income gap may be in 5 between -15 times.

, especially state monopolies, earning not National Development and Reform Commission, as Secretary of employment and income distribution, editing and publishing the No wonder almost the latest issue of

This means that the state-owned monopoly body, more importantly, it also undermines the credibility of the Government, resulting in serious loss of state assets.

French government restrictions on state-owned enterprises, Like China, state-owned enterprises high-wage high-benefit, not only against those outside the industry, but also quite a headache for the French government regulators. As a result, the French state-owned enterprises began to payroll budget management, the style all their own is not only very effective, but also narrow the income gap between industries.

the so-called state-owned payroll budget management, specifically, between enterprises and the Ministry of Finance has a mechanism for wage negotiations, companies have no autonomy. Even if the company effective, can not be arbitrarily large increase in wages and benefits. Determine the total amount of wages and benefits the growth of business to be divided into three steps. First, the Treasury Board in the annual year-end forecast for next year based on price inflation and economic trends and the company's budget situation, to propose a general guidelines; second, Arshad make specific estimates, the listing standards of wages and benefits grew ; Third, the Ministry of Finance in accordance with this standard one on one talks with the companies to finalize the business next year, the growth rate of wages and benefits. Suspension of loss-making enterprises such negotiations, not allowed to increase the total amount of wages and benefits.

stones from other hills, can learn. I think that, despite the very different situation between China and France, however, the need of complete with its own characteristics, drawing on Western developed countries, wages and benefits management experience in state-owned enterprises, may wish to copy into a Chinese version of the payroll budget management mode, the pilot out first, and then and then full forward, not only from the payroll budget framework as the central management mechanism, and actively explore the market economy and modern enterprise system, system of wages and benefits increase, more importantly, the financial sector but also as France, as the establishment of a separate agency undertake the wage forecasts, estimates and daily management negotiations. All in all, the only track the wages of state-owned enterprises, can effectively curb the income gap between China's industry, the trend of widening year by year.

Wu Rui thrush (Hebei Civil)