Based on the analysis of chapter iii a nd chapter iv , this section presents overall appraisal of the effects of financial innovation on monetary policy and points out that , financial innovation weakens the effectiveness of the traditional vehicles of monetary policy , undermines money supply as the intermediary target of monetary policy , also , financial innovation reduces the effectiveness of traditional transmitting mechanisms of monetary policy . therefore , facing new financial situations , the revisions of monetary policy are inevitable 最后，在第3章和第4章的基础上，给出了金融创新对货币政策效应的总体评价，指出，从总体来看，金融创新降低了三大传统货币政策工具的效用，逐渐动摇了货币供应量作为货币政策中介目标的基础，同时，金融创新还在一定程度上削弱了传统的货币政策传导机制的效用。
But in fact , it is expanding big tradition into small tradition in china by a simplifying way , although the leaders of new cultural movement wanted to fight down conficians , the flag of science they handed up originated from the pragmatic reason of chinese big tradition , and it is because there is something connected between the pragmatic reason of chinese tradition and the scientific spirit of the western civilization 由于传统儒学的实用理性与西方文明的科学精神有一定相关性，新文化运动的领袖们虽然表面是打倒孔家店，但实际上其揭橥的科学旗帜主要来源于中国大传统的实用理性。
If we take the idea of unity between subject and object by way of returning to chaos put forward by zhuangzi as the major tradition , then , the minor tradition might include such devices and purposes of poetic creation and criticism as tropes and emotional expressions , which are not thoroughly the above - mentioned oneness 在中国诗学中，如果把庄子所倡经由“齐物”向“浑沌”回归的主客一体的经验视为大传统，那么做诗和评诗的手段和目的即比兴和缘情，定位于物感或感兴，并非彻底的天人合一，因而都只能算是小传统。
According to the former study on innovation ability , competitive ability and the relation between them , the paper found it ' s academic system and theoretical propositions . in the second part , according to the study on three high tech manufacturing and three traditional manufacturing in beijing and the study on representative enterprise , the paper has the demonstration conclusion . according to the conclusion , the paper renew it ' s academic system 在实证研究部分，本文通过对北京市三大高新技术制造业和三大传统制造业技术创新能力、竞争力典型指标的实证分析，并辅以典型企业的案例分析，得出本文关于依靠技术创新提升传统制造业竞争力的综合实证结论，同时依据相关结论对理论研究进行补充。
Nevertheless , in the event of an integration between cuhk and hkust , there would be many issues and difficulties ( including educational ideals , preservation of the college system , care for individual students , possible administrative bureaucracy , separation across two campuses , dilution of cuhk traditions , staff concerns on job security and work load ) , and would not wish to underestimate the magnitude of the practical problems that have to be surmounted , including both resources and the sentiment of staff and students 惟中大若与科大整合，会有很多困难和必须关注的事项，包括怎样维持中大的教育理想，保存书院制，继续对个别学生的关顾，降低行政架构的复杂程度，克服分别在两个校园运作的困难，防止中大传统的淡化，并纾解教职员对职业保障和工作量的忧虑等。专责小组无意低估整件事的困难，包括资源上及员生情绪上的问题。
