Western nations " experience and ways can give some suggestions , which help us develop china ' s negotiable instrument market easily . we can learn something from other countries , but we can n ' t do as they did “他山之石，可以攻玉” ，国外的经验和做法对我国票据市场发展具有借鉴意义，可以为我所用，使我国可以少走一些弯路。
By extending the existing market - making arrangement of the exchange fund paper programme to these airport authority notes , market - makers are obliged to quote two - way prices for the airport authority notes during money market hours 由于该等票据透过现有的外汇基金票据市场庄家制发行，因此，在货币市场营运时间内，市场庄家须双向报价。
The western countries have a good negotiable instrument market system . the negotiable instrument market and other sub - money market constitute the whole money market which is a organic part the whole finance market 西方发达国家的票据市场相当发达，并与其他的货币市场子市场一起，构成了完整的货币市场，成为整个金融市场的有机组成部分。
On the base of these , this paper tries to find the underlying reason that the bill market in china has n ' t obtain substantial development in light of the asymmetric information theory , and takes out according countermeasures 正基于此，本文试图以信息不对称为背景来剖析我国票据市场无法得发展的根本原因，并给出相应地发展对策。本论文共分为五部分。
Making the note market play an important role in the financial market and economic reform to expedite the development of note market , this paper gives folio whig policies . ( 1 ) to construct the good credit environment 4 、为充分发挥票据市场在金融市场和经济改革中的重要作用，促进票据市场快速发展，本文提出以下对策建议: ( 1 )塑造良好的社会信用环境。
In general , even though an obvious discrepancy exists among those countries in terms of financial market structures and financing patterns , bill market has always been one of the major financial markets for them 从国外的发展情况看，尽管各国的经济发展水平及其市场化程度存在差异，金融制度以及金融市场模式也不尽相同，但票据市场始终是货币市场的重要组成部分。
As to the debate over its rational , this paper puts forwardan independent viewpoint , which claims to avoid the argument of " abstract of act " to deepen the understanding of that and fetch the financing paper in right - time 对于我国票据制度理论基础的争论，本文提出了自己的看法，主张应该跳出“有因无因”的争论，深化对我国票据市场发展的认识，适时推出融资性票据。
