rural_venture_fund

M T I真题英汉互译词汇短语-CAL-FENGHAI-(2020YEAR-YICAI)_JINGBIANMTI真题英汉互译词汇短语(美）中期选举 (US) Midterm Election“苍蝇”“老虎”一起打 Eliminate both "tigers" and "flies"“高大上” "Luxury,Large,Level up"“光盘”行动 "Clear Your Plate" Campaign“南海行为准则” "Code of Conduct in the South China Sea"“一站式”办公 "One Stop" Civil Affairs Management《第二语言习得概论》 Understanding Second Language Acquisition 《红楼梦》 The Story of the Stone《儒林外史》 The Scholars《尚书》 Book of Documents《诗经》 The Book of Songs《泰晤士报》 The Times《新闻周刊》 NewsweekAA制 Algebraic AverageB超 B-scan Ultrasonography埃博拉病毒 Ebola Virus艾条 Moxibustion艾滋病 AIDS安全检查 Security Check安全生产 Work Safety按揭贷款 Mortgage Loan奥斯卡奖提名影片 Oscar Prize Nominated Film办公室恋情 Office Romance保税区 Bonded Area保险单 Insurance Policy保障性住房 Indemnificatory Housing暴力拆迁 Violent Demolition暴走 Go ballistic北美自由贸易协定 North American Free Trade Agreement 比较心理学 Comparative Psychology变频器 Variable-frequency Drive标普500指数 S&P 500 Index博览会 Exposition不动产登记 Real Estate Registration不动产统一登记 Real Estate Uniform Registration不记名投票 Secret Ballot不靠谱 Unreliable不可译性 Untranslatability布里斯班 Brisbane财税体系 Fiscal Revenue and Tax Sistribution System裁军会谈 Conference on Disarmament采用国际惯例 Adopting International Practice参赞 Counselor常住人口 Resident Population城市化 Urbanization城市通风廊道 Urban Ventilation Channel城市总体规划 Master Urban Plan城镇化 Urbanization橙色预警 Orange Alert吃空饷 Freeloading持股者 Shareholder出口配额 Export Quotas初恋 First Love畜牧养殖 Animal Husbandry and Breeding船上交货 Free on Board创新驱动发展战略 Innovation Driven Development Strategy 创新增长 Innovative Growth春运 The Spring Festival Transport Season存储地址 Memory Address错峰旅行 Staggered Travel大部制 Large Department System大同社会 Great Harmony Society单程票 Single Journey Ticket单杠 Horizontal Bar党内民主 Inner-party Democracy登机牌 Boarding Pass敌人的增援部队 Enemy Reinforcement Unit地球村 Global Village地热 Radiant Floor Heating第三产业 Tertiary Industry点赞 Like电子客票 Electronic Ticket叠罗汉 Human Pyramid铤而走险 Risk Danger in Desperation东南亚国家联盟 Association of Southeast Asian Nations 动态对等 Dynamic Equivalence端午节 Dragon Boat Festival短消息服务业务 Short Message Service对等贸易 Counter Trade对口支援 Response Support对外贸易区 Response Trade Zones多难兴邦 Challenges Make a Nation Much Stronger多样化经济 Diversity of Economy多语语料库 Multilingual Corpus恶性通货膨胀 Hyperinflation恶性循环 Vicious Cycle儿童福利 Child Welfare耳语传译 Whispering Interpreting二维码 2-dimensional Bar Code发行债券 Bond Issuance发挥想象力 Give the Rein to Imagination法律的实施 Law Implementation法治国家 Rechtsstaat翻译单位 Unit of Translation翻译方向 Direction of Translation翻译体 Translationese凡人皆有得意时 Every dog has his day反“四风”运动 Anti "Four Winds" Movement反腐倡廉 Anti-corruption房产税征收 House Duty Expropriation房地产开发 Real Estate Development房地产市场 Real Estate Market飞机机组人员 Air Crew分配制度 Distribution System风险投资 Venture Capital风姿翩翩 Graceful bearing封山育林 Closing Hill for Afforestation峰会 Summit否极泰来，盛极而衰 After a storm comes a calm 服务业 Tertiary Industry浮动汇率 Floating Exchange Rate付费网络直播 Paid Webcast附加费 Extra Charge改写 Rewrite刚性需求 Rigid Demand钢板 Steel Sheet港人治港，高度自治 Hong Kong people ruling Hong Kong with a high degree of autonomy搞技术战争 High-Tech Warfare哥本哈根计划 Copenhagen Plan格林威治标准时间 Greenwich Mean Time个性奖学金 Individuality Scholarship各类市场主体 All kinds of market entities更高、更快、更强 Faster，Higher，Stronger工商管理硕士 Master of Business Administration工业综合实力 Comprehensive Industry Strength工艺精湛 Superior Craftsmanship公款吃喝 Banquet at Public Expenses公益文化活动 Nonprofit Cultural Programs关联理论 Relevance Theory关税税率 Customs Duty Rate关系网 Relative Network光盘行动 Clear Your Plate Campaign广场舞 Chinese Square Dance广东省广州中山路125弄34号201室 Room 201 , No.34, Lane 125, ZhongShan Road, Guangzhou, GuangDong规模效应 Scale Economy国际货币基金组织 International Monetary Fund国际经济新秩序 New International Economic Order国际空间站 International Space Station国际援助 International Aid国家安全部 Ministry of State Security国家安全战略 State Security Strategy国家法制统一、尊严、权威 safeguard the unity, dignity and authority of the national legal system国民待遇 National Treatment国民生产总值 Gross National Product国内汇兑 Domestic Exchange国内机场 Domestic Airport国内生产总值 Gross Domestic Product国事访问 State Visit国务院（中国） Sate Council国有企业 State-owned Enterprises国有资产监督管理委员会 State-owned Assets Supervision and Administration Commision of State Council过境免签 Visa Free过山车 Roller Coaster海上丝绸之路 Maritime Silk Road海淘 Overseas Online Shopping海洋权益 Maritime Rights and Interests喊破嗓子不如甩开膀子 Talking the talk is not as good as walking the walk行李寄存处 Left-luggage Office航站楼 Terminal Building好基友 Buddy耗油量 Fuel Consumption合同违约 Reneging the Contract和而不同 Harmony in Diversity和谐社会 Harmonious Society和谐宜居的现代化城市 Harmonious and Livable Modern City 核电站 Nuclear Power Plant核心竞争力 Core Competencies黑客 Hacker宏观调控 Macro-economic Control宏观调控体系 Macro-economic Control System互联网 Internet互联网金融 Internet Finance护照 Passport华氏温度 Fahrenheit化境 Perfection化学需氧量 Chemical Oxygen Demand环境保护 Environmental Protection黄金地段 Golden Mile黄金周 Golden Week黄牛党 Ticket Scalpers黄牛票 Scalped Ticket汇票 Bill of Exchange火车票实名制 Real Name Ticket Booking System货币操纵国 Currency Manipulator机场巴士 Airport Bus机构改革 Institutional Reform机械制造 Machinery Manufacturing积极的财政政策 Active Fiscal Policy积土成山，风雨兴焉 The accumulation of the soil will become a hill where the rain and storm will be originated基层民主 Democracy At the Grassroots Level基础设施 Infrastructure集成电路 Integrated Circuit集体经济 Collective Economy计划免疫 Planned Immunization计算机辅助翻译 Computer Aided Translation技术转让 Technical Transformation加强宪法实施 Enhancement of Constitution Implementation家庭暴力 Domestic Violence家政服务 Household Management Service甲骨文 Oracle Bone Inscriptions甲午战争 Sino-Japanese War假酒 Adulterated Wine剪彩仪式 Ribbon-cutting Ceremony建筑垃圾 Construction Waste建筑装饰 Architectural Decoration健康证明 Health Certificate交际翻译 Communicative Interpreting交替传译 Consecutive Interpreting胶原蛋白 Collagen街道妇女 Women in the Neighborhood节能减排 Energy Conservation and Emission Reduction借用 Take金边（柬埔寨首都） Phnum Penh (Capital of Kingdom of Cambodia)金融创新 Financial Innovation金砖五国 BRICS紧急出口 Emergency Exit紧缩政策 Contractionary Policy经济普查 Economic Census经济全球化 Economic Globalization经济适用男 Budget Husband经济一体化 Economic Integration经贸领域 Economic and Trade Field净利润 Net Profit居民区 Residential Area居住证 Residence Permit鞠躬尽瘁 Be loyal and devoted to the last军备竞赛 Arms Race抗药性 Drug Resistance科教兴国战略和人才强国战略 The strategy of invigorating the country through science, technology and education and the strategy of reinvigorating China through human resource development科学发展观 Scientific Outlook on Development可持续发展 Sustainable Development可行性报告 Feasibility Report可行性研究 Feasibility Study可靠度 Reliability可译性 Translatability可再生能源发电装机容量 Renewable Energy Power Generation Installed Capacity 空军基地 Air Base空气质量指数 Air Quality Index孔子 Confucius孔子学院 Confucius Institute控方证人 Witness for the Prosecution口碑 Public Praise跨国公司 Transnational Corporation拉住我的胳膊 Drag my arms来样加工 Processing with Given Materials蓝筹股 Blue Chips老龄化人口 The Aging of the Population礼乐文化 Culture of The Ritual and Music礼仪之邦 A state of Ceremonies利基营销 Niche Marketing利率和汇率市场化 Marketization of Interest Rate and Exchange Rate联合国安理会 United Nations Security Council联合国贸发会议 United Nations Conference on Trade and Development 廉政建设 Construction of A Clean and Honest Administration量化宽松 Quantitative Easing流行歌曲排行榜 Ranking list for popular music流行音乐 Popular Music柳色青青 Green Willow落地签证 Visa upon Arrival旅游农业 Traveling of Agriculture律诗 Regulated Verse绿色国民经济 Green National Economy慢性病 Chronic Disease贸易逆差 Unfavorable Balance of Trade美国联邦调查局 Federal Bureau of Investigation美国梦 American Dream免费孕前体检 Free Pre-pregnancy Check-up免税的 Duty-Free免税商店 Duty-Free Shop民生问题 Livelihood Issues民主监督 Democratic Supervision民族危机感 Sense of National Crisis目标管理 Management by Objective睦邻友好合作关系 The Good-neighborly Relations and Cooperation拿回扣 Get A Rebate耐用消耗品 Durable Consumables农村扶贫标准 Poverty Alleviation Standard in Rural Areas农业工程 Agricultural Engineering农业基础设施 Agricultural Infrastructure怒路症 Road Rage泡沫经济 Bubble Economy配音 Dubbing配字幕 Adding Subtitles of Motion Picture贫困线以下 Under the Poverty Line平等互利 Equality and Mutual Benefit平面设计 Graphic Design破产 Bankruptcy普惠制 Generalized System of Preference启蒙运动 The Enlightenment气候变化南南合作基金 Climate change South South Cooperation Fund 前瞻性战略产业 Prospective Strategic Industry潜规则 Implicit Rule倾销 Dumping情商 Emotional Quotient全国翻译资格考试 China Accreditation Test for Translators and Interpreters 全国人大常委会 Standing Committee of the National People's Congress全国人民代表 The National People's Congress全面战略伙伴关系 The Comprehensive Strategic Partnership群众路线 Mass Line群众路线教育实践活动 Mass Line Educational Practice让利空间 Interest Concessions Space人才流失 The Outflow of Talent人才外流 The Brain Drain人工智能 Artificial Intelligence人口覆盖率 Coverage Rate of the Population人民的精神文化生活 People's Spiritual Culture Life人权法案 Bill of Rights人寿保险 Insurance on Life人造革 Artificial Leather融资 Financing儒家思想 Confucian Thought儒释道 Confucianism三公经费 The Three Public Consumptions三级跳远 Triple Jump森林蓄积量 Forest Stock Volume沙尘暴 Sand Duststorm山水画 Chinese Landscape Painting善与恶 Good and Evil商品经济 Commodity Economy上市公司 The Listed Company奢侈品牌 Luxury Brand社会保障制度 Social Security System社会的道德和心理底线 Moral and psychological bottom line of the society社会公平正义 Social fairness and justice社会核心价值体系 Social Core Value System申报个人财产 Declare Individual Assets生态旅游 Ecotourism生态文明 Ecocivilization生物圈 Biosphere声东击西 Making a feint to the east and attacking in the west失联 Out of Contact十八届三中全会 The Third Plenary Session of the 18th Central Committee of the Communist Party of China石油输出国组织 Organization of Petroleum Exporting Countries实际利用外资 Actual Utilization of Foreign Capital实况转播 Outside Broadcast实事求是 Seek truth from the facts实现中华民族伟大复兴 Bring about a great rejuvenation of the Chinese nation 食品安全 Food Safety世界多样化 Diversity of The World世界知识产权组织 World Intellectual Property Organization市场细分 Market Segmentation市盈率 Price Earnings Ratio事业单位 Public Institutions首付 Down Payment数据交换格式 Data Interchange Format双边、多边开放合作 Bilateral and Multilateral Open Cooperation双开（一种纪律处分） Expel someone from the CPC and remove someone from public office双赢原则 Win-win Principle水上运输 Water Transportation司法公正 Judicial Fairness丝绸之路经济带 Silk Road Economic Belt丝路基金 Silk Road Fund私营部门 Private Sector饲料添加剂 Feed Additive素质教育 Quality Education太阳能电池板 Solar Panel太阳系 Solar System探究行为 Exploratory Behavior碳减排 Carbon Emission Reduction陶俑 Pottery Figurine特许经营 Franchise提单 Bill of Loading天人合一 The Harmony Between Human and Nature 通货紧缩 Deflation通货膨胀 Inflation通识教育 General Education同声传译 Simultaneous Interpretation头韵 Alliteration土地承载力 Land Bearing Capacity土豆泥 Mashed Potato土豪 Newly Rich土木工程 Civil Engineering吐槽 Spitslot团队精神 Spirit of Collaboration团购 Group Purchase推进政务公开 Promote Government Affairs Openness 退休金双轨制 Dual Pension Scheme托福考试 TOEFL Exam网民 Netizen文房四宝 The Four Treasures In A Chinese Study文化同化 Culture Assimilation文化移情 Cultural Transference文凭热 Diploma Craze文献性翻译 Translation of Historical Document文艺工作 Literary and Artistic Work乌克兰 Ukraine无本之木 A tree without roots蜈蚣 Centipede五环路 Fifth Ring Road五金店 Hardware Store武侠片 Martial Arts Film物以类聚，人以群分 Birds of a feather flock together雾霾 Fog and Haze夕阳工业 Sunset Industry衔接 Join Together现代文化市场体系 Modern Culture Market System香港特别行政区行政长官 Chief Executive of Hong Kong Special Administrative Region享乐主义 Hedonism消防队 Fire Brigade销售确认书 Sales Confirmation小产权房 Houses with limited property rights小康社会 A well-off society小康水平 A well-off Level小心轻放 Handle with Care校训 School Motto新常态 New Normal新华社 Xinhua News Agency新农合补助 New rural cooperative medical care system 新型城镇化 New-type Urbanization新型大国外交 New-type Big Power Diplomacy新兴市场 Emerging Markets新殖民主义 Neocolonialism信访 Letters and Calls信访制度 Letters and Calls System信托投资公司 Trust and Investment Corporation信息共享平台 Information Sharing Platform信息型文本 Informative Text形合 Hypotaxis形象工程 Image Project幸福指数 Happiness Index虚拟现实 Virtual Reality虚拟现实技术 Virtual Reality Technology需求曲线 Demand Curve选择 Choice炫富 Flaunt Wealth学龄儿童 School Age Children学前教育 Preschool Education学生减负 Alleviation of the Burden on Students寻租行为 Rent-seeking Behavior雅思 IELTS雅思考试 IELTS Test亚欧互联互通和贸易投资自由化 Asia Europe Interconnection and Trade and Investment Liberalization亚太伙伴关系 Asia-Pacific Partnership亚太经合组织第二十二次领导人非正式会议 Twenty-second APEC Leaders' Informal Meeting亚太梦 Asia-Pacific Dream亚太自由贸易区 Free Trade Area of the Asia-Pacific言必行行必果 Promise must be kept and action must be resultful阳光财政 Sunshine Finance药房 Pharmacy一个中国原则 One China Principle一国两制 One Country, Two Systems衣食住行 Clothing, food, shelter and means of travel衣食住行用条件 Conditions of clothing, food, shelter and means of travel医患纠纷 Medical Dispute依法行政 Law-based Administration宜居城市 Livable City以房养老 House-for-pension Program以人为本 People Oriented义务教育 Compulsory Education译前编辑 Pre-interpretation Editor音译 Transliteration英国财政大臣 Chancellor of the Exchequer of Great Britain英国广播公司 British Broadcasting Corporation影视翻译 Translation of Film and Television应试教育 Examination-oriented Education应收款 Account Receivable硬道理 Unyielding Principle有机食品 Organic Food有利的国际环境 Favorable International Environment有其父必有其子 Like father, like son余震 Aftershock舆论导向 Direction of Public Opinion与时俱进 Keeping Pace With the Times宇宙飞船 Space Craft语际翻译 Interlingual Translation语内翻译 Intralingual Translation语义空缺 Semantic Vacancy元宵节 Lantern Festival月球探测仪 Lunar Probe再就业工程 Re-employment Program暂住证 Temporary Residence Permit早恋 Puppy Love增收节支 To increase revenue and cut government expenditure 增值税 Value-added Tax债券 Bonds沾满了铜臭气 Full of Copper Odor占中 Occupy Central张伯伦 Chamberlain涨停板 Raising Limit照镜子、正衣冠、洗洗澡、治治病 Self purification, self perfection, self innovation, self improvement折子戏 Opera Highlights正能量 Positive Energy证券交易所 Stock Exchange政简放权 Streamline Administration and Delegate More Powers to Lower-level Governments政治协商制 Political Consultative System知青 Educated Youth知识产权 Intellectual Property脂肪酸 Fatty Acid职业道德 Professional Ethics治理环境污染 Governance of Environment Pollution智囊团 Think Tank中国国家交响乐团 China National Symphony Orchestra中国好声音 The Voice of China中国梦 China Dream中国青年旅社 China Youth Travel Service中国式马路 Chinese Style Road Crossing中国文化“走出去” "Going Out" of Chinese Culture中国文化走出去 Going Out of Chinese Culture中华人民共和国海商法 Maritime Code of the People's Republic of China中华文化走出去 Going Out of Chinese Culture中立国 Neutral State中美洲自由贸易协定 U.S.-Dominican Republic-Central America Free Trade Agreement中签率 Lot Winning Rate中西部地区 The Middle and West Area中央八项规定精神 The Eight Rules of Political Bureau of the Central Committee 中央领导集体 Central Collective Leadership中医学 Traditional Chinese Medicine中庸 Moderate中庸之道 Doctrine of the Mean重阳节 Double Ninth Festival逐词翻译 Word-by-word Translation主页 Homepage注音 Phonetic Notation转换 Conversion转基因食品 Genetically Modified Food装船须知 Shipping Instructions资产负债表 The Balance Sheet子公司 Subsidiary自闭症 Autistic Disorder国际电信联盟 International Telecommunication Union自贸协定 Free Trade Agreement自媒体 We Media自主创新能力 Capability of Independent Innovation自主创业 Become Self-employed自助餐厅 Cafeteria字幕翻译 Subtitles Translation综合国力 Comprehensive National Strength总罢工 General Strike祖国统一 Reunification of China坐禅 Sit in Meditation做到既有金山银山又有绿水青山 We want both golden, silver hill and clean water, green mountains as wella bissextile year 闰年a container terminal 集装箱码头A flash in the pan 昙花一现a giant of a man 彪形大汉a lame duck 落选官员(或议员)a spring in every step 脚步轻盈（充满生机活力和自信）a UN report 联合国报告A/C compressor assembly 空调压缩机总成Absolute Velocity 绝对速度abstract log 摘要日志accident rate 事故率acculturation 文化适应accumulated fund 累积基金ACFW 美国基督教小说作家Achilles' s heel 致命弱点，致命伤acupuncture 针灸ADB 亚洲开发银行added value tax 增值税ADIZ (Air Defense Identification Zone) 防空识别区Adventure Novels 冒险小说aesthetic subject 审美主体AFTA(ASEAN free trade area) 东盟自贸区after-sales 售后Air Defense Identification Zone 防空识别区Air Force One 空军一号Air-Launched Cruise Missile 空射巡航导弹all-time high 历史新高American Iron and Steel Institute 美国钢铁协会amplification 放大anchorwoman 女主播angel investment 天使投资animal husbandry 畜牧业annotation 注释annual financial report 年度财务报告answer nature's call 上厕所Antarctica and Arctica 南极和北极anti-ballistic missile 反弹道导弹anti-dumping 反倾销anti-Semitism 反犹太主义Anti-Submarine Rocket 反潜火箭API 应用程序编程接口archaeological anthropology 考古人类学Armistice Day 休战纪念日asset portfolio 资产组合Association of Southeast Asian Nations 东盟ATV 全地形汽车avian flu 禽流感awarding ceremony 颁奖典礼back translation 回译bailout loans 救助贷款Balance of payments equilibrium 国际收支平衡balance sheet 资产负债表bar examination 律师资格考试Barcelona 巴塞罗那BBS 论坛BFA 博鳌亚洲论坛biateral cooperation 双边合作bilateral relations 双边关系Bilateralism 双边主义bitcoin 比特币blind date 相亲blockbuster 双边关系BOA 美国银行board of census 人口普查委员会Board of supervisors 监事会bogus marriage 假结婚bonsai 盆景brain trust 智囊团break a butterfly on the wheel 小题大作，杀鸡用牛刀Bremenhaven 不来梅哈芬brown paper 牛皮纸buffet 自助餐bull market 牛市bullet-screen movie 弹幕电影busboy 餐厅勤杂工business model 商业模式butterfly effect 蝴蝶效应CAAC 民航总局CAD 计算机辅助设计calling center 呼叫中心capital turnover 资金周转caravansary 商队旅馆carbon emission reduction goal 碳减排目标carbon footprint 碳足迹carpool 合伙使用汽车CAT 计算机辅助翻译Cbase 大学基础学科知能测验CBD 生物多样性公约CBS 哥伦比亚广播公司CCPIT 中国国际贸易促进委员会chemical oxygen demand (COD) 化学需氧量(COD)China Certification Committee for Environment Labelling Production 中国环境标志产品认证委员会circumstantial evidence 间接证据Civil Procedure Law 民事诉讼法cloisonne 景泰蓝close shot 近景closing price 收盘价CNN 美国有线电视新闻网coal equivalent 煤当量cognition 认知cohesion and coherence 衔接和连贯Commit No Nuisance 禁止小便communication satellite 通信卫星Communicative Translation 交际翻译compensation 补偿competence 能力competent authorities 主管当局Compulsory Salvage of Shipwrecks or Sunken Objects 沉船沉物强制打捞Computer Aided Design 计算机辅助设计concourse 广场condtitions-based withdrawal 有条件撤军connotation 内涵conservatory 温室，音乐学院constitutional monarchy 君主立宪制Constructing Document 施工文件COO 首席运营官corporate income tax 企业所得税cost principle 成本原则CPA 注册会计师CPC 中国共产党credit crisis 信贷危机credit crunch 信贷紧缩crow's feet 鱼尾纹cruise missiles 巡航导弹culinary art 烹饪艺术cultural adaptation 文化适应cultural anthropology 文化人类学cultural deposits 文化底蕴cultural heritage 文化遗产cultural substitution 文化替代cultural turn 文化转向currency appreciation 货币升值customs valuation 海关估价cyber crime 网络犯罪Daniel come to judgment 解决难题的智者dead president 美钞Deconstructionism 解构主义deficit budget 赤字预算deluxe hotel 豪华酒店denotation 外延departure gate 登机门Descriptive Translation Studies 描述翻译研究Detrimental Resistance 有害阻力devolution of power 权力下放digital signaturen 数字签名diploma inflation 学历膨胀diplomatic policy 外交政策direct selling 直销disbursement services 支付服务discourse analysis 语篇分析distributor 经销商DIY 自己动手做Documentary Translation 纪实翻译domesticating translation 归化翻译DPOB 出生日期和地点Dramatic Monologue 戏剧独白drones 无人驾驶飞机dubbing director 配音导演Duke it out 一决雌雄dynamic equivalence 动态对等EBITA 息税前利润Ebola epidemic 埃博拉病毒疫情economic recession 经济衰退Economic Value Added 经济增加值eco-translatology 生态翻译学editorial 社论Edward Snowden 爱德华斯诺登emergency landing 紧急降落emotional office abuse 职场冷暴力EMS 邮政特快专递服务Energy Metabolism 能量代谢escort interpreting 陪同口译Esperanto 世界语excess reclamation 过度开垦exhaust heat recovery unit 余热回收装置export tax refunding system 出口退税制extradition treaty 引渡条约F.I.T 免交所得税face shield 面罩FAO (联合国)粮食及农业组织farm sidelines 农副业FDA 食品及药物管理局federal deficit 联邦赤字Federal Reserves 联邦储备federal shutdown 联邦政府停摆FIBA 国际篮联FIFA 国际足联figure of speech 修辞filial piety 孝顺fill someone with longing 使人充满渴望film industry cunematograph 电影产业制作电影艺术first aid 急救five percent discount 百分之五的折扣flammable and combustible liquids 易燃和可燃液体flight-delay insurance 航班延误险flip phone 翻盖手机food security 食品安全force majeure 不可抗力Foreight Forwarder 货代Foreign capital flow 外国资本流foreign exchange control 外汇管理Foreign Exchange Reserves 外汇储备forensic medicine 法医学fossil fuel 化石燃料FRB 美联储freight rates 运费FTA 自由贸易协定FTP 文件传输协议FTZ (Free Trade Zone) 自贸区fulfill our plan ahead of schedule 提前完成我们的计划functionalism 功能主义G20 Leaders Summit 20国集团领导人峰会Galeries lafayette 老佛爷GATT 关贸总协定gender-biased 有性别偏见的geothermal energy 地热能GMO crops 转基因作物GMT 格林尼治时间government aid 政府援助GPS 全球定位系统(GPS)GRE 美国研究生入学考试Greater Mekong Subregion Economic Cooperation Program(GMS) 大湄公河次区域经济合作项目Green credit 绿色信贷gross domestic product 国内生产总值Halal food 清真食品hamstring 腿筋head-clerk 总管Heal a Breach 消除分歧health resort 疗养胜地Hedge Fund 对冲基金heuristic education 启发式教育high comfort hotel 高级酒店HKSAR 香港特别行政区Hollywood 好莱坞horticulture exports 园艺产品出口hospitality spending 酒店消费hotspot issues] 热点问题Http- 超文本传输通讯协议hush money 封口费IDD 国际国内直拨电话IELTS 雅思考试ILO 国际劳工组织IMF 国际货币基金组织Implicit Cost 隐性成本inbound tourism 国内游indemnificatory housing 保障性住房Independence Day 独立日indicative price 参考价格Individual All-round Competition 个人全能赛information highway 信息高速公路Information Preservation and Weather Forecasting for Black Holes 信息留存与黑洞天气预报informative texts 信息文本informercial 信息式广告infrastructure 基础设施inscription on tortoise shell 甲骨文instant coffee 速溶咖啡intangible assets 无形资产intangible cultural heritage 非物质文化遗产intellectual property rights 知识产权Intelligent Design 智能设计interlinear translation 逐字翻译International Customs Union 国际关税同盟International Date Line 国际日期变更线International Monetary Foundation 国际货币基金组织international trade regime 国际贸易体制internet auction business 网上拍卖业务inversion 相反investment portfolio 投资组合IOJ 国际新闻工作者协会IPO 首次公开募股ISO 国际标准组织issue stocks and bonds 发行股票和债券IT 信息技术Jockey Club 赛马会Judicial Interpretation 司法解释just-in-time logistics 准时制物流key encryption technology 密钥加密技术kill time 消磨时间knowledge industry 知识产业Kyoto Protocol 京都议定书Labour Party 工党law of diminishing marginal returns 边际收益递减规律Learning City 学习型城市LED 发光二极管letter of credit 信用证Liaison Office 联络办公室Liberalized Operation 放开经营light heart 愉快的心情Likonomics 李克强经济学limestone 石灰石Liquid Crystal Display 液晶显示器Logos 理念,理性Los Angeles 洛杉矶Los Angeles Times 洛杉矶时报LRCS 荣誉奖Mack Daddy 万人迷magic realism literature 魔幻现实主义文学maglev train 磁悬浮列车managerial bureaucracies 管理机构mangrove 红树林Materialism 唯物主义Maximum Likelihood Method 最大似然方法Maximum Usable Frequency 最高可用频率memetics 模因论meritocracy 精英管理Metaphysics 形而上学MG 毫克MI 心肌梗死microprocessor 微处理器milk the bull 徒劳无益的事MIT 麻省理工学院MMercedes-Benz 奔驰汽车modem 调制解调器MOE 教育部monsoon climate 季风气候most-favored nation treatment 最惠国待遇Motor Vehicles 机动车MTI 翻译硕士专业学位Muslim Brotherhood 穆斯林兄弟会Myanmar 缅甸N.T 新生代NAACP 全国有色人种协进会NAFTA 北美自由贸易协定NASA 美国国家航空航天局NASDAQ 纳斯达克National Natural Science Foundation 国家自然科学基金NATO 北约NBA （美国）全国职业篮球协会negligent homicide 过失杀人Neoclassicism 新古典主义Netizen 网友No Angling 不准垂钓Noah' s Ark 诺亚方舟NPC 全国人大Obamamania 欧巴马热occupancy rate 入住率Occupy Central 占领中环OECD countries 经合组织国家41。

Strengths优势All these private sector banks hold strong position on CRM part, they have professional, dedicated and well-trained employees.所以这些私人银行在客户管理部分都持支持态度，他们拥有专业的、细致的、训练有素的员工。

Private sector banks offer a wide range of banking and financial products and financial services to corporate and retail customers through a variety of delivery channels such as ATMs, Internet-banking, mobile-banking, etc. 私有银行通过许多传递通道（如自动取款机、网上银行、手机银行等）提供大范围的银行和金融产品、金融服务进行合作并向客户零售。

The area could be Investment management banking, life and non-life insurance, venture capital and asset management, retail loans such as home loans, personal loans, educational loans, car loans, consumer durable loans, credit cards, etc. 涉及的领域包括投资管理银行、生命和非生命保险、风险投资与资产管理、零售贷款（如家庭贷款、个人贷款、教育贷款、汽车贷款、耐用消费品贷款、信用卡等）。

Private sector banks focus on customization of products that are designed to meet the specific needs of customers. 私人银行主要致力于为一些特殊需求的客户进行设计和产品定制。

economist 经济学家socialist economy 社会主义经济capitalist economy 资本主义经济collective economy 集体经济planned economy 计划经济controlled economy 管制经济rural economics 农村经济liberal economy 自由经济mixed economy 混合经济political economy 政治经济学protectionism 保护主义autarchy 闭关自守primary sector 初级成分private sector 私营成分,私营部门public sector 公共部门,公共成分economic channels 经济渠道economic balance 经济平衡economic fluctuation 经济波动economic depression 经济衰退economic stability 经济稳定economic policy 经济政策economic recovery 经济复原understanding 约定concentration 集中holding company 控股公司trust 托拉斯cartel 卡特尔rate of growth 增长economic trend 经济趋势economic situation 经济形势infrastructure 基本建设standard of living 生活标准,生活水平purchasing power, buying power 购买力scarcity 短缺stagnation 停滞,萧条,不景气underdevelopment 不发达underdeveloped 不发达的developing 发展中的initial capital 创办资本frozen capital 冻结资金frozen assets 冻结资产fixed assets 固定资产real estate 不动产,房地产circulating capital, working capital 流动资本available capital 可用资产capital goods 资本货物reserve 准备金,储备金calling up of capital 催缴资本allocation of funds 资金分配contribution of funds 资金捐献working capital fund 周转基金revolving fund 循环基金,周转性基金contingency fund 意外开支,准备金reserve fund 准备金buffer fund 缓冲基金,平准基金sinking fund 偿债基金investment 投资,资产investor 投资人self-financing 自筹经费,经费自给current account 经常帐户 (美作:checking account)current-account holder 支票帐户 (美作:checking-account holder) cheque 支票 (美作:check)bearer cheque, cheque payable to bearer 无记名支票,来人支票crossed cheque 划线支票traveller's cheque 旅行支票chequebook 支票簿,支票本 (美作:checkbook)endorsement 背书transfer 转让,转帐,过户money 货币issue 发行ready money 现钱cash 现金ready money business, no credit given 现金交易,概不赊欠change 零钱banknote, note 钞票,纸币 (美作:bill)to pay (in) cash 付现金domestic currency, local currency] 本国货币convertibility 可兑换性convertible currencies 可自由兑换货币exchange rate 汇率,兑换率foreign exchange 外汇floating exchange rate 浮动汇率free exchange rates 自由汇兑市场foreign exchange certificate 外汇兑换券hard currency 硬通货speculation 投机saving 储装,存款depreciation 减价,贬值devaluation (货币)贬值revaluation 重估价runaway inflation 无法控制的通货膨胀deflation 通货紧缩capital flight 资本外逃stock exchange 股票市场stock exchange corporation 证券交易所stock exchange 证券交易所,股票交易所quotation 报价,牌价share 股份,股票shareholder, stockholder 股票持有人,股东dividend 股息,红利cash dividend 现金配股stock investment 股票投资investment trust 投资信托stock-jobber 股票经纪人stock company, stock brokerage firm 证券公司securities 有价证券share, common stock 普通股preference stock 优先股income gain 股利收入issue 发行股票par value 股面价格, 票面价格bull 买手, 多头bear 卖手, 空头assigned 过户opening price 开盘closing price 收盘hard times 低潮business recession 景气衰退doldrums 景气停滞dull 盘整ease 松弛raising limit 涨停板break 暴跌bond, debenture 债券Wall Street 华尔街short term loan 短期贷款long term loan 长期贷款medium term loan 中期贷款lender 债权人creditor 债权人debtor 债务人,借方borrower 借方,借款人borrowing 借款interest 利息rate of interest 利率discount 贴现,折扣rediscount 再贴现annuity 年金maturity 到期日,偿还日amortization 摊销,摊还,分期偿付redemption 偿还insurance 保险mortgage 抵押allotment 拨款short term credit 短期信贷consolidated debt 合并债务funded debt 固定债务,长期债务floating debt 流动债务drawing 提款,提存aid 援助allowance, grant, subsidy 补贴,补助金,津贴output 产出,产量producer 生产者,制造者productive, producing 生产的products, goods 产品consumer goods 消费品article 物品,商品manufactured goods, finished goods 制成品,产成品raw product 初级产品semifinished goods 半成品by-product 副产品foodstuffs 食品raw material 原料supply 供应,补给input 投入productivity 生产率productiveness 赢利性overproduction 生产过剩外部审计 external audit外国直接投资 foreign direct investment (FDI) 外汇储备 foreign exchange reserves外汇调剂 foreign exchange swap外汇占款 the RMB counterpart of foreign exchange reserves;the RMB equivalent of offcial foreign exchange holdings外向型经济 export-oriented economy外债 external debt外资企业 foreign-funded enterprises完善现代企业制度 to improve the modern enterprise system完税凭证 tax payment documentation违法经营 illegal business委托存款 entrusted deposits稳步增长 steady growth稳健的银行系统 a sound banking system稳中求进 to make progress while ensuring stability无纸交易 book-entry(or paperless/scriptless)transaction物价监测 price monitoringX吸纳流动性 to absorb liquidity稀缺经济 scarcity economy洗钱 money laundering系统内调度 fund allocation within a bank系统性金融危机 systemic financial crisis下岗工人 laid-off employees下游企业 down-stream enterprises现场稽核 on-site examination现金滞留(居民手中) cash held outside the banking system乡镇企业 township and village enterprises(TVEs)消费物价指数 consumer price index(CPI)消费税 excise(consumption)tax消灭财政赤字 to balance the budget;to eliminate fiscal deficit销货款回笼 reflow of corporate sales income to the banking system销售平淡 lackluster sales协议外资金额 committed amount of foreign investment新经济增长点 new sources of economic growth新开工项目 new projects;newly started projects新增贷款 incremental credit; loan increment; credit growth; credit expansion新增就业位置 new jobs;new job opportunities信贷规模考核 review the compliance with credit ceilings信号失真 distorted signals信托投资公司 trust and investment companies信息不对称 information asymmetry信息反馈 feedback(information)信息共享系统 information sharing system信息披露 information disclosure信用扩张 credir expansion信用评级 credit rating姓“资”还是姓“社” pertaining to socialism or capitalism;socialist orcaptialist 行政措施 administrative measures需求膨胀 demand expansion; excessive demand虚伪存款 window-dressing deposits削减冗员 to shed excess labor force寻租 rent seeking迅速反弹 quick reboundY养老基金 pension fund一刀切 universal application;non-discretionary implementation一级市场 primary market应收未收利息 overdue interest银行网点 banking outlets赢利能力 profitability营业税 business tax硬贷款(商业贷款) commercial loans用地审批 to grant land use right有管理的浮动汇率 managed floating exchange rate证券投资 portfolio investment游资(热钱) hot money有市场的产品 marketable products有效供给 effective supply诱发新一轮经济扩张 trigger a new round of economic expansion逾期贷款 overdue loans;past-due loans与国际惯例接轨 to become compatible with internationally accepted 与国际市场接轨 to integrate with the world market预算外支出(收入) off-budget (extra-budgetary) expenditure(revenue) 预调 pre-emptive adjustment月环比 on a month-on-month basis; on a monthly basisZ再贷款 central bank lending在国际金融机构储备头寸 reserve position in international financial institutions 在人行存款 deposits at (with) the central bank在途资金 fund in float增加农业投入 to increase investment in agriculture增势减缓 deceleration of growth;moderation of growthmomentum增收节支措施 revenue-enhancing and expenditure control measures增长平稳 steady growth增值税 value-added tax(VAT)涨幅偏高 higher-than-desirable growth rate;excessive growth账外账 concealed accounts折旧 depreciation整顿 retrenchment;consolidation政策工具 policy instrument政策性业务 policy-related operations政策性银行 policy banks政策组合 policy mix政府干预 government intervention证券交易清算 settlement of securities transactions证券业务占款 funding of securities purchase发行货币 to issue currency发行总股本 total stock issue法定准备金 required reserves;reserve requirement法人股 institutional shares法人股东 institutional shareholders法治 rule of law房地产投资 real estate investment放松银根 to ease monetary policy非现场稽核 off-site surveillance(or monitoring)非银行金融机构 non-bank financial institutions非赢利性机构 non-profit organizations分税制 assignment of central and local taxes;tax assignment system分业经营 segregation of financial business(services);division of business scope based on the type of financial institutions风险暴露(风险敞口) risk exposure风险管理 risk management风险意识 risk awareness风险资本比例 risk-weighted capital ratios风险资本标准 risk-based capital standard服务事业收入 public service charges;user's charges扶贫 poverty alleviation负增长 negative growth复式预算制 double-entry budgeting;capital and current budgetary accountG改革试点 reform experimentation杠杆率 leverage ratio杠杆收购 leveraged buyout高息集资 to raise funds by offering high interest个人股 non-institutional shares根本扭转 fundamental turnaround(or reversal)公开市场操作 open market operations公款私存 deposit public funds in personal accounts公用事业 public utilities公有经济 the state-owned sector;the public sector公有制 public ownership工业成本利润率 profit-to-cost ratio工业增加值 industrial value added供大于求 supply exceeding demand;excessive supply鼓励措施 incentives股份合作企业 joint-equity cooperative enterprises股份制企业 joint-equity enterprises股份制银行 joint-equity banks固定资产贷款 fixed asset loans关税减免 tariff reduction and exemption关税减让 tariff concessions关税优惠 tariff incentives;preferential tariff treatment 规范行为to regularize(or standardize)…behavior规模效益 economies of scale国计民生 national interest and people's livelihood国家对个人其他支出 other government outlays to individuals国家风险 country risk国际分工 international division of labor国际收支 balance of payments国有独资商业银行 wholly state-owned commercial banks国有经济(部门) the state-owned(or public)sector国有企业 state-owned enterprises(SOEs)国有制 state-ownership国有资产流失 erosion of state assets国债回购 government securities repurchase国债一级自营商 primary underwriters of government securities 过度竞争 excessive competition过度膨胀 excessive expansion过热迹象 signs of overheatingH合理预期 rational expectation核心资本 core capital合资企业 joint-venture enterprises红利 dividend宏观经济运营良好 sound macroeconomic performance宏观经济基本状况 macroeconomic fundamentals宏观调控 macroeconomic management(or adjustment)宏观调控目标 macroeconomic objectives(or targets)坏账 bad debt还本付息 debt service换汇成本 unit export cost;local currency cost of export earnings汇兑在途 funds in float汇兑支出 advance payment of remittance by the beneficiary's bank汇率并轨 unification of exchange rates活期存款 demand deposits汇率失调 exchange rate misalignment混合所有制 diversified(mixed)ownership货币政策态势 monetary policy stance货款拖欠 overdue obligations to suppliersJ基本建设投资 investment in infrastructure基本经济要素 economic fundamentals基本适度 broadly appropriate经济金融术语汉英对照表(续表二)所有者权益 owner's equityT逃税(请见“避税”) tax evasion套汇 (1)指合法：currency swap;arbitrage(2)指非法：illegal purchase of foreign exchange 剔除季节性因素 seasonally adjusted调节流动性 to influence liquidity level贴现窗口 discount window同比 on year-on-year basis;over the same period of the previous year同业拆借(放) inter-bank borrowing(lending)同业拆借市场利率(中国) CHIBOR(China inter-bank offered rate)同业融通票据 inter-bank financing bills同业往来 inter-bank transactions透支 overdraft退税 tax refund(rebate)头寸 position吞吐基础货币 adjustment of monetary base脱媒现象 disintermediation安全网 safety net按可比口径 on comparable basis按轻重缓急 to prioritize暗补 implicit subsidy暗亏 hidden lossB颁发营业执照 to license;to grant a licence to办理存款业务 to take deposits保护农民的生产积极性 to protect farmers'incentive to produce备付金(超额准备金) excess reserves本外币并账 consolidation of domestic and foreign currencyaccounts 本外币对冲操作 sterilization operation本位利益 localized interest;departmentalism奔小康 to strive to prosper;to strive to become well-to-do避税(请见“逃税”) tax avoidance币种搭配不当 currency mismatch币种构成 currency composition变相社会集资 disguised irregular(or illegal) fund raising表外科目(业务) off-balance-sheet items(operation)薄弱环节 weaknesses;loopholes不变成本 fixed cost不变价 at constant price;in real terms不动产 real estate不良贷款(资产) problem loans;non-performing loans(assets)C财务公司 finance companies财政赤字 fiscal deficit财政挤银行 fiscal pressure on the central bank(over monetary policy)财政政策与货币政策的配合 coordination of fiscal and monetary policies采取循序渐进的方法 in a phased and sequenced manner操作弹性 operational flexibility操纵汇率 to manipulate exchange rate产品构成 product composition;product mix产品积压 stock pile;excessive inventory产销率 current period inventory;(即期库存，不含前期库存)sales/output ratio 产销衔接 marketability产业政策 industrial policy长期国债 treasury bonds敞口头寸 open position炒股 to speculate in the stock market承购包销 underwrite(securities)成套机电产品 complete sets of equipment;complete plant(s)城市信用社 urban credit cooperatives(UCCs)城市合作银行 urban cooperative banks;municipal united banks城市商业银行 municipal commercial banks城乡居民收入增长超过物价涨幅 real growth in household income持续升温 persistent overheating重复布点 duplicate projects重置成本 replacement cost重组计划 restructuring plan筹资渠道 funding sources;financing channels初见成效 initial success出口统一管理、归口经营 canalization of exports出口退税 export tax rebate储蓄存款 household deposits(不完全等同于西方的savingsdeposits，前者包括活期存款，后者不包括。

India Real Estate FundOpportunityBuoyant Indian economy androbust demand for real estateassetsExceedingly sharp demandsupply gap e.g. existing housingshortage of more than 20 millhomesAn “NRI/PIO/HNI”centric RealEstate Venture Fund for India could take on all sizes and types ofprojects without any FDI or LocalRegulatory issues.Business Model is Development of real estate in key cities. Furtherleveraging possible with Bank funds if needed.OpportunityFirst close USD25Mio??Minimum Investment sizeUSD250,000or INR10mio??Target ROI25%GrossTenure5years from date oflast drawdownReturns from3rd yearonwards??Indian demographics10th most industrialized country 4th largest economy –purchasing power parityGDP at current prices Rs. 25.169 billion (US$ 547 billion) (2003-2004) (US$ 1 = 45)Foreign exchanges reserves : US$130 billionWell-developed banking system and vibrant capital market2nd most populous country in worldPopulation 1027 million as per 2001 censusResurgent IndiaConducive policies for foreign investment∙Freedom of entry and investment location∙Freedom to use technology and production∙Repatriation of capital,dividend,interest etc.permittedIncreased urbanization∙Urban population27.80%[2001census]upfrom25.70%[1991census]∙Increase in housing requirementsIncreased economic activities–Business Process Outsourcing, retail boom,increasing share of service sector∙Increase in commercial property requirements…These will drive real estate development inIndiaResurgent IndiaIncreasing transparency in real estate transactionsrating of projects by ratingagency commencedFalling interest rates–impetus to increased home loans disbursements Increase in total Home loan disbursements by Banks and Housing Finance Companies(HFCs)-76% between2001-02to2002-03 (Source:National Housing Bank) Ease of Finance for property developmentDefinition of a(PIO)Any person currentlyholding a foreignpassport (not Pakistanor Bangladesh),who canprove his Indian originup to three generationsbefore (i.e. either theperson himself or hisfather or grandfather orgreat grandfather musthave been a citizen andresident of India), orthe spouse of such aperson is eligible for aPIO card.100%FDI allowed for development of townships, including housing:∙Minimum100acres or2000 units(under certain conditions)∙Core business of the foreign investor should be integrated township development with a successful record∙Minimum capitalization should be US$10million for a wholly owned subsidiary and US$5million for joint ventures with Indian partner NRI/PIO investments have no restrictions(except PIO’s cannot invest in farmland or agricultural property)and are fully repatriableOCB investment treated as Foreign investment NRI/PIO’s need to invest in their own namesFDI not permitted(except NRI/PIO investment)in shopping malls,office complexes and in residential developments/townships<100acres Real Estate Investment Trusts (REIT’s)not permitted100%FDI permitted in hotels, industrial parks&software technology parks–no restrictionsReal Estate Venture Funds are permitted –a recent development∙No additional incidence of tax if approved as a VC fund∙No restriction on repatriability of funds ∙No restriction on uplifting income to the investors∙Must be registered with SEBI∙Cannot invest in listed companies∙Must obtain RBI approval at investment acceptance stage and investment repatriation stage (formality)∙FDI norms of Government of India would apply∙Maximum of 66% of corpus allowed to be invested in equity and maximum of 33% in debt∙Maximum of 25% of corpus in any one Recent Regulatory ChangesIndian Housing DemographicsSource: Larsen & Toubro Limited Housing Shortage >22 Mio HomesLikely to increase to over 250 Mi Units in next 10 yearsThe National Housing Policy 1998 envisages a shift in the Government’s role from a Builder to an EnablerGovernment is committed to removing barriers to∙Access to land∙Finance and technology∙Public-private partnerships to accelerate pace of house construction The Government has set a target of 250,000 rural housing units per yearThe government has stressed on rural housing sector & raised allocation forIndira Awas Yojana by USD 120 million to USD 500 million; targets addition of 250,000 houses per yearReserve Bank of India (RBI) will revise the norms of repayment of rural housing loans by banks –installments can coincide with crop cyclesTax exemption on interest on housing loans at Rs 150,000 per year The National Housing Bank (Amendment) Act, 2000 –speedier method of recovery of dues from the defaulting borrowers through recovery officersReduction in risk weight for Housing Finance Companies (HFC’s) to 50% from 100%Increased HFC’s exposure to housing sector due to higher quantum of capitalIndian Housing DemographicsIndian Commercial Real Estate USD 2Bn Investments in Mallsand Multiplexes in 5 yearsCatalysts∙Shift in urban demography∙Favorable tax regime formultiplexesIT/ITES to generateinfrastructure investment of USD0.5bn over 5 years∙Mumbai, Delhi, Bangalore,Chennai, Pune and Hyderabad towitness investmentsIndian CommercialReal EstateMultiplex screens planned in various statesStates No. of Screens Maharashtra150-200Gujarat50Delhi50Uttar Pradesh100-150Rest of India550-650Source: CRIS INFACIndian Commercial Real Estate Explosive Growth Demand∙Approx. 20 Million sqft in 2004 driven by the IT/ITES sector growth∙Expected to continue growth at this minimum level for the next 3-4 years.∙All India first quarter space take up in tier I cities (including Pune) was approx.6.4 Million sqftSupply∙New supply over the next 18 months in the range of 18 -20 Million sq ft driven by theIT/ITES sectorContd....Approx.100Million sq ft of demand expected over the next 5year periodStrong demand for developed industrial plots and undeveloped industrial land in major cities.Shift of industry dictated by:∙Sales tax/excise/income tax concessions in developing areas e.g.Uttranchal and Kutch district of Gujarat∙Locational advantages in areas close to major airports/ports e.g. Gurgaon ∙Environmental concerns e.g. shift of industrial units out of Delhi as per Supreme Court directive∙Cost concerns e.g.relocation of industries out of centre of Mumbai&freeing up of mill lands ∙Availability of infrastructure such as skilled labour&power∙Proximity to customers and/orThe Parijat Real Estate Fund Exclusive Investment byNRI’s/PIO’s and HNWI’sNo investment solicited intothe scheme from foreigncompanies & non-Indianinvestors to ensure totalflexibility in taking on all sortsof projects without restrictionSet up as a scheme underPARIJAT CONSULTING (aventure capital fund)incorporated as a Trust inIndia and registered with SEBIOperating Structure of Domestic FundBoard of AdvisorsParijat ConsultingParijat Consulting AdvisorsParijat ConsultingIndia Venture Capital Fund (Trust Structure)SEBIDomestic/NRI/PIO/InvestorsScheme -Parijat ConsultingProject Project ProjectUnits to be subscribed by investors on a private placement basis∙Minimum investment per investor is INR10mill(USD 250K)∙25%payable on application and balance over maximum of12 monthsWho can invest?∙Non Resident Indians/Persons of Indian Origin∙Indian residents∙Indian corporatesTarget Fund size–INR2200 mill(USD50mill)Minimum aggregate commitment for first close→between INR675 mill(USD15mill)and INR900mill(USD20mill)→All commitments will be void if minimumamount not achievedDuration–5years from date of last drawdownCosts:∙F ixed Management fee of2%p.a.of committed capital ∙20%of Gains as Performance Fee based on hurdle rate of10% as follows:∙nil if gains are<10%p.a.∙20%if gains are>=10%p.a.∙Costs of due diligence,tax, accounting and legal charges to be incurred in the course of businessTarget Returns for investors:∙Gross Return on Equity of25%p.a.is projected in INR termsInvestments will be in conformity with SEBI Venture Capital RegulationsExit options for the investors∙Hold till fund closure∙Sale to other investorsTax Issues:The Parijat Fund∙SEBI approved VC fund→pass throughentity with tax free status→no additionaltax burden on investors∙Interest/capital gains are taxable in thehands of the investors at time ofdistribution∙Dividends taxable at the project leveland there is no tax liability on the investor∙Long-term capital gains on transfer ofunits applicabley but may be exempted ifgains are invested in certain specifiedsecurities/assets for a specified period oftime∙No liability to Wealth-tax or Gift Tax oninvestorsInvestor Profile∙Non-Resident Indians(NRI’s)∙Persons of Indian Origin(PIO’s)∙High Net Worth Indian Nationals(HNI’s)∙Corporate Houses from India∙Financial Institution from IndiaThe Focus area Focus on the major citiesWill partner reputable Indian developers in new or existing development projectsWill nurture and develop contacts and alliances with key players in the industryWill look for innovative and “out of the box” development ideas including:∙Acquisition of land held by sick companies and by financial institutions∙Providing development expertise and capital on leaseback deals Sector priorities∙Residential & residential townships ∙Commercial projects including IT/ITESLimit exposure per project to amaximum of 25% of total fund sizeIf additional equity capital is requiredon a project –first offer to investorsbefore others significant co-investmentopportunityUse of debt to leverage capitalthereby enhancing overall equityreturns target effective 1:1 debt/equityratioT he NRI/PIO/HNI focus∙Allows complete flexibility in taking on The Focus areaall types and sizes of underlyingprojects∙Exploits a window of opportunity forNRI/PIO/HNI’s.∙Real opportunities for co-investmentwith the fund in booming India RealEstate SectorTHANK YOU。