| 1. | We should , therefore , continue to work hard to enhance mobility of capital from the mainland
因此，我们要继续努力，促进从内地而来的资本的流通。 |
| 2. | Monetary policy considerations would dictate whether this would occur , not the mobility of capital
事实上，是货币政策而非资本流通会决定以名义利率计算的资本价格均衡会否出现。 |
| 3. | The mobility of capital , which is influenced by corresponding government policies , is assumed to be constant in every periods
物质资本的流动受国家政策的影响，在一定时期内是常量。 |
| 4. | More important , individual jurisdictions have been , whether of their own free will or under pressure , pursuing financial openness , not just in respect of the financial system , but also in respect of the international mobility of capital
更重要的是，个别地区无论出于自愿或被迫开放金融时，不单开放金融体系，更连资金的国际流动性亦予开放。 |
| 5. | Institutional innovations that lowered transaction costs in the early modern world were 1 ) those that increased the mobility of capital ; 2 ) those that lowered information costs ; 3 ) those that spread risks ; and 4 ) those that improved the enforcement of contracts
制度变革降低了早期西方现代世界的交易费用1 ）增加了资本的流动性2 ）降低了信息费用3 ）分散了风险4 ）改进了合约的实施。 |
| 6. | A major innovation that affected the mobility of capital was the evolution of the bill of exchange and particularly the development of techniques and instruments that allowed for the negotiability of the bill of exchange and the development of discounting methods
影响了资本流动性的一项主要的革新是汇票的发展，特别是技术和设备的发展便利了汇票的可谈判性以及折扣方法的发展。 |
| 7. | Capital account liberalisation , if the intention is to attract a net inflow of foreign savings , may therefore have to be structured and sequenced accordingly , involving , for a time , asymmetric international mobility of capital biased towards inflows
若开放资本帐的目的是吸引外资的净流入，开放政策便要有相应的结构及落实程序，使在一段时间内流入的国际资金数量多于流出的资金。 |
| 8. | Lessening the degree of asymmetric mobility of capital and people across the border will help . the trick is how to achieve this without hasty financial liberalisation that may undermine monetary and financial stability in the mainland
不过，减少两地间资本与人口流动不平均的程度应会有助减轻痛楚，但在达到这个目的的同时，重要的是确保不会引致内地金融市场开放过速，影响内地货币与金融的稳定。 |
| 9. | In respect of the asymmetric mobility of capital , we in the hkma do have a direct involvement , in trying to open up channels for the greater flow of capital from the mainland and , crucially if these are to be successful , in also promoting robust arrangements to manage the associated risks
至于针对资金流动不对称的对策，金管局是有直接参与的。我们正致力开放新渠道方便内地资金流入及鼓励设立稳健的制度以管理资金流动的风险，而前者的成功很大程度上有赖完善的风险管理。 |
