南方树叶这时才掉落，它比北京、上海、重庆整整慢了一个冬天，它枯黄树叶落下的同时，嫩芽也随之冒出，很自然完成生命轮回。

When the leaves to fall,It is larger than Beijing/Shanghai/Chongqing whole slow a winter,It withered and yellow leaves falling at the same time,Bud will be emitted,Very natural complete life cycle.

　　你回了家乡，是现在和过去的两个你在比较，可以画出清晰的坐标点和逻辑线；

You back to their hometown,Is now and the last two you in comparison,Can draw clear coordinates and logical line;

　　你去了他乡，是现在的你和他乡的别人在对照，可以得到什么可以做什么不可以做；

You went to the land,Is now you and land in contrast with others,Can get what can do what not to do;

　　你旅行了欧洲，是现在的你对过去的你凝视和反思，可以知道做对了什么做错了什么；

You travel in Europe,You are now in the past you look into and reflection,Can know to do what do wrong;

　　你去了纽约，是现在的你和未来的你在对话，可以提醒自己这也可以做那也可以做；

You go to New York,Is now you and the future of you in a dialogue,Can remind yourself this also can do that also can do;

　　现在，我们在中国，你面前的未来是什么呢？

now,We in China,The future is in front of you?

　　现在是到了我们应该可以谈谈未来的时候了。无论你已经中年，无论你还是学生。甚至要把“对于未来”的基调放到我们与世界的关系、我们与中国的关系、我们与市场的关系，这些大层面上来认识和对待。否则会被现实遮了眼，会被利益遮了眼，会被格局遮了眼。

Now it is time to we should be able to talk about the future of the time.No matter you have middle age,Whether you or a student.Even the"For the future"In the tone of the relationship between the us and the world/Our relationship with China/Our relationship with the market,These large perspective understanding and treat.Otherwise, they will be real covered their eyes,Interest will be covered their eyes,Will be pattern covered their eyes.

　　上一周，本卷首的“开放市场序”，强调的是中国正在构建开放社会和开放市场（自由市场的基础阶段），它是正义社会和公平社会的序曲，是未来中国的根基。

Last week,This JuanShou of"Open market order",The emphasis is China is constructing a open society and open market(The basic stage of the free market),It is social justice and fair society's overture,Is the foundation of China's future.

　　如何在开放社会和开放市场做一份有核心竞争力的媒体，这是理财周报今年最重要的工作。我们不会因为新闻而新闻，我们不会因为媒体特殊作用而放大自己的权利，我们不会因为自身利益而伤害公众利益——我们所以追求因报道而产生公众价值，我们所以追求因为公众价值而产生商业价值，我们所以追求因尊重和平等而获得参与者身份。

How to open society and open the market to do a core competitiveness of the media,This is the most important financial weekly work this year.We won't because of news and news,We won't because the media special function and enlarge their rights,We won't because of their own interests and damage the public interests - we pursue for reports and produce public value,We pursue for public value and produce commercial value,We pursue for respect and equality and identity for the participants.

　　我们会关注更多新进入开放市场的资产和物质，并由此计算多层次利益关系的报道表达。希望通过同一主体下不同利益者的计算关系，让公众清楚参与的成本、风险和利益。

We will focus on more new into the open market assets and material,And thus calculation multi-level interests expression reports.Hope that through the same subject under different benefit calculation relationship,Let the public know the cost of participation/Risks and benefits.

　　比如资产出卖人的利益（资产第一次溢价，资产证券化后的第二次溢价），资产购买公司的利益（资产买入额与资产回报关系、买入资产与市值的关系），资产购买公司大股东的利益，PE\VC及资产战略投资人的利益，机构及公众投资人的利益。通过五层关系，就可明白同一资产不同利益主体的收益，让公众有完整的分辨力。

Such as assets in the interests of the seller(Assets first premium,After the asset securitization second premium),Asset purchase the interests of the company(Asset purchase amount and assets return relationship/Buying assets and the relationship between the market value),Asset purchase company shareholders' interests,PE, VC and asset strategic investors interests,Organizations and the public in the interests of the investors.Through five layer relationship,Can understand the same assets different interest subjects, income,Let the public have complete resolution.

　　我们会关注更多的银行、信托、证券、基金、上市公司的契约关系和信托责任，同样把机构放在开放市场的条件下进行比较的对照，让公众做更有把握的判断。

We will focus on more Banks/trust/securities/fund/The listed company contract relationship and fiduciary duty,Also the mechanism on the open market conditions with the control,Let the public to do more be sure judgment.

　　我们会关注更多的基础物质，特别是它的活性及敏感性，为公众建立可以追溯和跟踪的备忘录。

We will focus on more basic material,Especially its activity and sensitivity,For the public to establish can trace and tracking memos.

　　如果你的身边有地球仪，你还会更深入理解围绕在加勒比海和墨西哥湾的僵持和对立。

If your side have a globe,You will more understand around the Caribbean sea and the gulf of stalemate and opposition.

　　太平洋(601099,股吧)、大西洋(600558,股吧)、印度洋、北冰洋就会在你面前一览无遗。

Pacific(601099,guba)/Atlantic(600558,guba)/Indian Ocean/The arctic ocean will be in front of you in plain sight.

　　起源于大西洋巴西海盆的南赤道暖流、佛得角海盆形成的北赤道暖流、东太平洋海丘马克萨斯群岛的南赤道暖流、东北太平洋海盆的北赤道暖流就会在你面前一览无遗。

Originated in the Atlantic basin Brazil south equatorial current/Cape Verde basin formation of north equatorial current/The eastern Pacific sea hill marquesas islands of the south equatorial current/Northeast of the Pacific basin north equatorial current will be in front of you in plain sight.

　　起源于大洋深处的气流对于全球气候形成及变化、动植物生态、人类活动特征，以至于商业、战争、政治形态在你面前一览无遗。

Originated in the depths of the ocean of air flow for the global climate formation and change/Animal and plant ecological/Human activity characteristics,That business/war/Political form in front of you in plain sight.

　　我们已在未来面前，我们一起寻找未来。

We have before in the future,Together we look for the future.