billchoa/3036384256-COMP7607-data huggingface dataset:
user: Please translate the following sentence from English to Chinese: 6. In the US, rising property prices had reduced the risk of default as the rising equity of a house would enable the borrower to refinance the mortgage in the event of payment difficulty.

assistant: 6. 在美國，物業價格上升降低了違責風險，原因是房地產淨值上升能夠讓借款人在出現還款困難時將按揭再融資。
user: Please translate the following sentence from English to Chinese: Note: This is a drafted version and may differ from the one delivered.

assistant: 備註： 此爲演講辭擬本，與現場發表的版本可能稍有出入。
user: Please translate the following sentence from English to Chinese: However, I do not underestimate the responsibilities and challenges that I will face in the role of Chairman.

assistant: 不過，我不會低估我作爲主席將要面對的責任和挑戰。
user: Please translate the following sentence from English to Chinese: a robust and effective regulatory regime that is on a par with international standards;

assistant: 與國際標準看齊的健全而有效的監管制度；
user: Please translate the following sentence from English to Chinese: We firmly believe investor education can empower investors by giving them the necessary tools in making informed investment decisions at a time when the market is extremely volatile, and financial innovations create an ever-expanding list of sophisticated financial products.

assistant: 證券巿場日趨波動，加上金融界的創意使複雜的金融產品不斷推陳出新，我們深信投資者教育可以裝備投資者，讓他們掌握所需的工具以作出有根據的投資決定。
user: Please translate the following sentence from English to Chinese: Rather than bemoaning the loss of privileges and benefits, I see these developments as a potential source of new opportunities for Hong Kong.

assistant: 我認爲，與其慨嘆本港享有的特殊待遇及優勢正在消逝，倒不如將這些發展趨勢視作香港的潛在新機遇。
user: Please translate the following sentence from English to Chinese: At the same time, the Mainland is diligently extending its external reach and economic clout.

assistant: 與此同時，內地正積極拓展其對外關係及經濟影響力。
user: Please translate the following sentence from English to Chinese: 19. Hong Kong has at the same time served as an investment platform for Mainland investors looking overseas – in other words, as a conduit for channelling the Mainland’s huge savings to the international market.

assistant: 19. 與此同時，香港亦是擬進行境外投資的內地投資者的投資平臺。 換句話說，亦即是將內地龐大的存款導向國際市場的渠道。
user: Please translate the following sentence from English to Chinese: Towards the end of the year, a working group comprising members from both our two organizations was formed.

assistant: 及至去年底，兩會派員成立了工作小組。
user: Please translate the following sentence from English to Chinese: But we were not provided with any documentation which recorded the rationale why this advice was given and approved.

assistant: 然而，我們並未獲提供任何記錄了給予及批准該意見的依據的文件。
user: Please translate the following sentence from English to Chinese: In carrying out this role, we have accumulated a deep pool of knowledge about the Mainland market.

assistant: 在擔當這一角色方面，我們已累積了豐富的內地市場知識。
user: Please translate the following sentence from English to Chinese: Only then can they provide suitable investment advice to their clients.

assistant: 只有依循上述做法，他們才能向客戶提供合理適當的投資意見。
user: Please translate the following sentence from English to Chinese: As of December 2006, the SFC has authorized nearly 2,000 unit trusts and mutual funds for offering to the public.

assistant: 於 2006 年 12 月，證監會認可了接近 2,000 項向公衆發售的單位信託及互惠基金。
user: Please translate the following sentence from English to Chinese: From our discussions with the different REIT managers, it is clear to us that they understand the importance of acquisition and growth.

assistant: 透過我們與不同的房地產基金經理的討論，我們清楚看到他們瞭解收購和增長的重要性。
user: Please translate the following sentence from English to Chinese: We are particularly grateful to our guest of honour, Mr Frederick Ma, who is always supportive of our investor education work.

assistant: 我們特別要感謝主禮嘉賓馬時亨先生一直以來對我們的投資者教育工作的鼎力支持。
user: Please translate the following sentence from English to Chinese: The ETF market is no exception.

assistant: ETF 的市場當然不會例外。
user: Please translate the following sentence from English to Chinese: This will have significant implications not just for the RMB internationalisation process but also for the eventual goal of capital account convertibility.

assistant: 這項新措施不僅大大推動人民幣國際化的進程，同時對達成資本帳自由兌換的最終目標，影響深遠。
user: Please translate the following sentence from English to Chinese: Investment advisory industry overview The investment advisory industry is a growth industry and a profitable one.

assistant: 投資顧問業概覽 投資顧問業增長蓬勃，有利可圖。
user: Please translate the following sentence from English to Chinese: Secondly, there was no systematic way for the SFC to collect management structure information, particularly for certain core functions such as risk management and compliance that do not constitute regulated activity.

assistant: 其次，現時沒有一套有系統的方法去收集管理架構資料，尤其是關於不構成受規管活動的某些核心職能，例如風險管理及合規職能的資料。
user: Please translate the following sentence from English to Chinese: At the time, some of the biggest and most actively traded ETFs in Hong Kong were synthetic ETFs linked to the Mainland markets through derivatives.

assistant: 當時，香港一些最大及交易最活躍的 ETF，是透過衍生工具與內地市場掛鉤的合成 ETF。
user: Please translate the following sentence from English to Chinese: Some IAs simply indicated to potential clients that their advice is free without disclosing that they get incentives in the form of commission rebate for recommending specific products.

assistant: 有些投資顧問只向準客戶表示他們的意見是免費提供的，但卻沒有披露他們可藉著向客戶推薦特定的產品，以佣金回扣方式獲得獎勵。
user: Please translate the following sentence from English to Chinese: They also look to us to access the best financial talents and services in the Asian region.

assistant: 他們亦通過香港接觸亞洲區內卓越的金融專才和服務單位。
user: Please translate the following sentence from English to Chinese: and investors outside the Mainland cannot invest in Mainland authorized funds.

assistant: 香港的認可基金並沒有直接銷售予內地投資者的渠道，而境外投資者亦不能投資於內地認可的基金。
user: Please translate the following sentence from English to Chinese: 5. Competency - Employ competent staff and provide appropriate training.

assistant: 5. 勝任能力――聘用勝任的職員及提供適當的培訓。
user: Please translate the following sentence from English to Chinese: I would like to thank the Hong Kong Securities Institute for this opportunity to share with you my thoughts on positioning Hong Kong as an asset management hub in Asia.

assistant: 感謝香港證券專業學會安排這個機會，讓我在這裡分享我對將香港定位爲亞洲資產管理中心的看法。
user: Please translate the following sentence from English to Chinese: To sum up, what this means is that the SFC is entrusted to –  regulate and enforce to protect investors and maintain market stability;

assistant: 總而言之，證監會肩負的責任包括﹕監管市場和執行有關法規，以保障投資者和維持市場穩定；
user: Please translate the following sentence from English to Chinese: Way Forward for CEPA The SFC, in close co-operation with the CSRC, will provide assistance in policy and operational matters for the implementation of CEPA.

assistant: 有關 CEPA 的進一步工作香港證監會將與中國證監會繼續保持密切的合作，就 CEPA 的落實給予政策上及實際操作上的配合。
user: Please translate the following sentence from English to Chinese: Those who espouse this view do not really understand the relationship between the Mainland and Hong Kong markets, nor the purpose behind this relationship.

assistant: 提出這些意見者，恐怕並未真正瞭解內地與香港市場之間的關係，亦未能掌握這關係背後的原因。
user: Please translate the following sentence from English to Chinese: The scope of these proposed legislative amendments is confined to unlisted structured products in debenture form; it does not extend to cover other products which currently are outside the scope of the Companies Ordinance and the Securities and Futures Ordinance.

assistant: 這項建議的法例修訂只限於以債權證形式發行的非上市結構性產品，並不包括目前在《公司條例》及《證券及期貨條例》範圍以外的其他產品。
user: Please translate the following sentence from English to Chinese: This means Mainland financial market opens up, a large number of Mainland financial institutions will use Hong Kong an important base for overseas expansion.

assistant: 例居亞洲區首位（佔 6%），這意味著隨著內地金融市場的不斷開放，不少內地金融公司將香港作爲其在海外發展的重要基地。
user: Please translate the following sentence from English to Chinese: We have been in a similar situation before.

assistant: 類似情況亦曾經出現。
user: Please translate the following sentence from English to Chinese: The regulatory approach in Hong Kong The SFC adopts the Objectives and Principles of Securities Regulation established by the International Organization of Securities Commissions (IOSCO), which has three core 3 of 5 objectives:

assistant: 香港的監管取向證監會採納由國際證券事務監察委員會組織（國際證監會組織）制訂的《證券監管的目標及原則》，當中有三個核心目標：
user: Please translate the following sentence from English to Chinese: A 2003 survey identified this as occurring in over half of the companies listed on the Mainland.

assistant: 一項在 2003 年進行的調查識別出逾半數在內地上巿的公司都存在這個特點。
user: Please translate the following sentence from English to Chinese: It was in 2009 when the Mainland launched the pilot cross border RMB trade settlement scheme, when I first floated the idea of how the wider international use of RMB would be a game changer for the Hong Kong financial industry. A lot has happened since.

assistant: 人民幣業務在香港的持續成功，是一件令我們引以爲傲的事。 2009 年內地推出了跨境貿易人民幣結算試點，那時我第一次想到人民幣國際化將爲香港的金融業帶來巨大的突破。
user: Please translate the following sentence from English to Chinese: The SFC’s role in enforcing – albeit, indirectly - international accounting standards and principles of corporate governance arguably finds its fullest expression in the investigation of what we call market misconduct and other offences under the securities legislation.

assistant: 至於證監會在執行(雖然是間接地)國際會計準則及企業管治原則方面所扮演的角色，可以說在調查我們稱之爲市場失當行爲及證券條例所指的其他罪行方面充分表現出來。
user: Please translate the following sentence from English to Chinese: In 2005, a total of 25.52 million futures and options contracts were traded in Hong Kong, one of the most active derivatives markets in the world.

assistant: 在過去多年，香港的衍生工具市場維持增長﹔2005 年，香港的期貨及期權總成交量達 2,552 萬張合約，是全球交易最活躍的衍生工具市場之一。
user: Please translate the following sentence from English to Chinese: In following the best practice, the financial planner is motivated and guided by doing what is right and in the best interests of its clients.

assistant: 遵從最佳常規的財務策劃師會以合理原則及客戶的最佳利益作爲行事的出發點和指引。
user: Please translate the following sentence from English to Chinese: 7. Just last week, the City of London published another report on 46 financial centres worldwide. It confirms London and New York as the two leading global financial centres, and to our delight puts Hong Kong in the third place.

assistant: 7. 剛於上週，倫敦市法團發表了另一項關於全球 46 個金融中心的報告，當中確認倫敦及紐約是最重要的兩個全球金融中心，而令我們感到欣悅的是香港獲排名第三。
user: Please translate the following sentence from English to Chinese: The SFC will continue to work closely with Hong Kong Government, as well as the Islamic finance community, to develop Hong Kong’s Islamic finance platform.

assistant: 證監會將會繼續與香港政府及伊斯蘭金融界共同努力，發展香港的伊斯蘭金融平臺。
user: Please translate the following sentence from English to Chinese: Secondly, the scheme will expose Mainland institutions to markets that adopt a sound regulatory framework, and intermediaries that abide by global best practices and standards.

assistant: 第二，該計劃讓內地機構接觸採納了穩健的監管架構的市場，以及遵守全球最佳慣例和標準的中介人。
user: Please translate the following sentence from English to Chinese: These recognised funds could then obtain authorization and be sold directly in the other’s market.

assistant: 該等獲認可基金將可獲准並直接在對方的市場發售。
user: Please translate the following sentence from English to Chinese: Board involvement At present, the Board is made up of a Non-Executive Chairman, six Executive Directors and seven Non-Executive Directors.

assistant: 董事局的參與 目前，董事局由一名非執行主席、六名執行董事及七名非執行董事組成。
user: Please translate the following sentence from English to Chinese: We have thoroughly explained to them the regulatory regimes and licence application and operating requirements in Hong Kong. Some of them have started their preparation work for establishing subsidiaries in Hong Kong.

assistant: 他們有一些已經開始了在香港設立子公司的籌備工作，我們相信他們即將正式開始進行在香港申請牌照的事宜。
user: Please translate the following sentence from English to Chinese: According to the article, because of the sharp decline in hedge fund business, hedge fund managers are now looking to explore the UCITS retail space.

assistant: 文章同時指出，由於對沖基金業務大幅收縮，對沖基金經理因而致力開拓 UCITS 零售市場。
user: Please translate the following sentence from English to Chinese: In addition, we maintain regular contacts with the China Banking and Insurance Regulatory Commission and the CSRC and exchange information with one another about the operation and compliance of Mainland-backed licensed corporations.

assistant: 此外，我們跟銀保監及中證監有定期接觸，就中資背景持牌公司的經營、合規情況，交換意見。
user: Please translate the following sentence from English to Chinese: (iv) Some IAs appeared to be only interested in pushing products of their own company without due regard to the status and financial objectives of their customers.

assistant: (iv) 有些投資顧問似乎只管大力推薦其公司的產品，卻沒有適當地顧及客戶的狀況和財政目標，導致客戶得不到適切的意見。
user: Please translate the following sentence from English to Chinese: We hope to attract quality market participants, which will in turn facilitate the growth of the overall market.

assistant: 我們希望吸引優質市場參與者，這將有助整體市場的增長。
user: Please translate the following sentence from English to Chinese: More heavy-weight Mainland financial intermediaries coming to establish business in Hong Kong In the last 10 years, the emphasis has shifted to the second phase, which can be described simply as “going out”.

assistant: 更多內地大型金融中介機構來港開設業務在過去十年，中港合作關係的重心已轉移至第二階段，簡單來說就是“走出去”。
user: Please translate the following sentence from English to Chinese: To date, we have not seen this happening.

assistant: 但到目前爲止，我們仍未看到這個現象。
user: Please translate the following sentence from English to Chinese: It is not enough to hand over a product brochure and treat it as self-explanatory for the client.

assistant: 單把產品小冊子交給客戶，任其自行理解有關內容的做法，並不足夠。
user: Please translate the following sentence from English to Chinese: 31. In addition to consulting the market on proposed regulatory changes, the SFC also works with the industry on enhancing efficiency.

assistant: 31. 證監會除了就建議的監管變更諮詢市場意見外，亦會與業界合作提升效率。
user: Please translate the following sentence from English to Chinese: With such innovative market players and products, I am confident that our fund management industry will continue to prosper.

assistant: 憑藉這些不斷革新的市場參與者及創新的產品，我深信本港的基金管理業將繼續欣欣向榮。
user: Please translate the following sentence from English to Chinese: In considering what regulations to put in place we also pay close attention to the rules and regulations in other international financial centres to ensure that our regulatory environment is of a similar standard.

assistant: 在考慮應實行怎樣的監管規例時，我們亦密切留意其他國際金融中心的規則及規例，以確保我們的監管環境具備相若的水平。
user: Please translate the following sentence from English to Chinese: Currently, there are 13 SFC authorised hedge funds with an asset value of US$1.2 billion in aggregate.

assistant: 目前經香港證監會認可的對沖基金共有 13只，其資產爲12億美元。
user: Please translate the following sentence from English to Chinese: Yet amid all the excitement about RMB products and Mainland-related business, it is also important for Hong Kong that we continue to maintain and expand our open markets.

assistant: 然而重要的是，我們在對人民幣產品及內地相關業務感到欣喜之餘，香港應繼續堅持並深化開放市場的原則。
user: Please translate the following sentence from English to Chinese: Currently a vast majority of the retail funds authorised by the SFC are domiciled and managed by managers located in overseas jurisdictions like the US, the UK, Luxembourg, Ireland etc with whom the Commission has signed MOUs.

assistant: 目前，絕大部分獲證監會認可的零售基金均在一些已經與證監會簽訂諒解備忘錄的海外司法管轄區註冊及由當地的經理負責管理，該等地區包括美國、英國、盧森堡、愛爾蘭等。
user: Please translate the following sentence from English to Chinese: We believe a congregation of home-grown and international REIT managers with diverse backgrounds will facilitate transfer of technical knowhow and expedite the further development of REIT management expertise in Hong Kong.

assistant: 我們相信一羣來自不同背景的本地及國際房地產基金經理，將會利便技術知識的轉移及加快香港的房地產基金管理專業知識的進一步發展。
user: Please translate the following sentence from English to Chinese: We need to pool our regulatory expertise and industry knowledge to home in on nascent issues and tackle misconduct in a coordinated, holistic manner.

assistant: 我們需要將本會在監管方面的專業技能與行業知識結合起來，聚焦處理新冒起的問題，並互相配合，全方位地打擊失當行爲。
user: Please translate the following sentence from English to Chinese: This is a much longer-term problem for which the resolution is not obvious given huge geo-political considerations.

assistant: 這是一項更長遠的問題，因爲鑑於一些涉及地緣政治的重大考慮因素，能夠對症下藥的解決辦法並不明顯。
user: Please translate the following sentence from English to Chinese: Today, international and institutional investors have continued to regard Hong Kong as the preferred market for them to invest directly in Mainland companies.

assistant: 目前，國際及機構投資者仍繼續將香港視爲直接投資於內地公司的首選市場。
user: Please translate the following sentence from English to Chinese: We believe that it would be beneficial to Mainland investors if Mainland fund managers could use their QDII quotas to simply create an ETF that directly tracks Hong Kong (and possibly other) indices, which will mean lower costs and more choices to Mainland investors.

assistant: 我們相信，若內地的基金經理可以運用獲發的 QDII 額度，設立直接追蹤香港指數（如可行的話，還可追蹤其他指數）的交易所買賣基金，那麼內地投資者將會因爲成本降低及選擇增多而受惠。
user: Please translate the following sentence from English to Chinese: Such a product, if properly understood and used by investors, could capture opportunities resulting from the downside of the market.

assistant: 投資者如能正確理解及使用這類產品，便可以捕捉跌市提供的機遇。
user: Please translate the following sentence from English to Chinese: They sent staff from their respective Hong Kong offices to Taiwan.

assistant: 他們找了各自在香港設立的機構，把它們的人員派到臺灣去。
user: Please translate the following sentence from English to Chinese: This could be challenging for Hong Kong, being a different system.

assistant: 對於採用不同制度的香港來說，要滿足這個要求可能會有困難。
user: Please translate the following sentence from English to Chinese: and c) might be reasonably expected materially to affect market activity in the price of its securities.

assistant: 及 c) 可合理預期會重大影響其證券的買賣及價格的信息。
user: Please translate the following sentence from English to Chinese: This is part of an international drive.

assistant: 上述舉措屬國際行動的一部分。
user: Please translate the following sentence from English to Chinese: In the aftermath of the corporate scandals in the early 2000s, regulators around the world have instituted several major of corporate governance reforms to address the risks large corporate failure posed to a country’s economy, and indeed the regional and global financial stability.

assistant: 在 2000 年年代初期發生連串企業醜聞後，全球的監管機構已制訂若干主要的企業管治改革，以處理大型企業倒閉對國家經濟、以至地區及全球金融穩定性所造成的風險。
user: Please translate the following sentence from English to Chinese: I am pleased to say that the vast majority of companies coming to the market understand the requirements and are keen to comply.

assistant: 我很高興表示，大部分前來香港市場的公司都明白有關要求，並致力遵從。
user: Please translate the following sentence from English to Chinese: 11. The financial infrastructure underwent significant development with the implementation of the newer generation trading and clearing system and enhancement of networks.

assistant: 11. 此外，在金融基礎設施方面，重大進展包括新一代交易及結算系統的實施。
user: Please translate the following sentence from English to Chinese: Some investment advisers which we inspected had written policies on how product due diligence and internal approval processes had to be carried out before products could be recommended to clients.

assistant: 在我們視察的投資顧問中，有些已制定書面政策，訂明向客戶推介投資產品前，須如何進行產品盡職審查及內部覈准過程。
user: Please translate the following sentence from English to Chinese: RMB bond issuance in Hong Kong

assistant: 在香港發行的人民幣債券
user: Please translate the following sentence from English to Chinese:  to ensure problems do not arise again;

assistant: 確保問題不會重現；
user: Please translate the following sentence from English to Chinese: The general standards and specific requirements for disclosure of information about products are supported by rules and regulations governing conduct of intermediaries and by investor education initiatives, and backed up by strong and effective enforcement action against those who fail to fulfil their obligations.

assistant: 在實施產品信息披露的一般準則及具體規定之同時，我們亦制訂了規管中介人操守的守則及法規，再輔以相關的投資者教育措施，我們亦會對沒有履行責任的違規者採取嚴厲有效的執法行動。
user: Please translate the following sentence from English to Chinese: The SFC, the HKEx, financial intermediaries, industry bodies, media and schools each has a role to play to enhance the financial knowledge of our investors.

assistant: 證監會、香港交易所、金融中介機構、業界組織、傳媒以至教育界都需要在提高投資者的金融知識方面各司其職。
user: Please translate the following sentence from English to Chinese: In a special report titled “Doing Business in Hong Kong” on 14 October, the Financial Times extolled Hong Kong’s can-do spirit and robust framework conducive to business and investment.

assistant: 英國《金融時報》在這個月 14 號在它以“在香港營商”爲題的專題報道中，肯定了香港拼搏不畏難（即 can-do spirit）的精神外貌和我們對營商及投資的有利框架。
user: Please translate the following sentence from English to Chinese: 20. The quality of a market is judged by whether it is efficient, orderly and fair and whether investors are treated fairly.

assistant: 20. 一個優質的市場，必須符合以下幾項條件： 有效率、有秩序、公平公正及對所有投資者一視同仁。
user: Please translate the following sentence from English to Chinese: According to the Bank for International Settlements (BIS) in its Annual Report released in June, about a third of the CDOs are backed by asset-backed securities, and industry estimates suggest that a substantial share is backed by subprime and Alt-A mortgages.

assistant: 根據國際清算銀行在 6 月發表的年報，約有三分之一的 CDO 是由有資產保證的證券所擔保的，而業內的估計數字則顯示相當份額的 CDO 是以次級按揭(subprime) 及另類頂級按揭(Alt-A mortgages)作爲保證的。
user: Please translate the following sentence from English to Chinese: The SFC believes that in order to maintain Hong Kong’s status as one of the elite capital-raising centres in the world, sponsor standards should not be compromised.

assistant: 證監會相信，爲維持香港作爲全球其中一個首選的集資中心的地位，我們不應降低保薦人須符合的標準。
user: Please translate the following sentence from English to Chinese: RMB deposits in Hong Kong grew to a new high  RMB deposits launched in Hong Kong since Feb 2004  RMB deposits in Hong Kong amounted to RMB407.7 billion as of end February 2011, nearly 7 times of the amount as end 2009 level – Previously, the growth in RMB deposits has been associated with RMB appreciation expectations.

assistant: 香港的人民幣存款創新高 香港自2004年2月起提供人民幣存款香港的人民幣存款在2011年2月底突破人民幣4,077億元水平，是2009年底存 款量的近7倍 –人民幣存款增長以往主要因爲市場期望人民幣繼續升值。
user: Please translate the following sentence from English to Chinese: One panellist noted that investors throughout the region lack diversification, with Mainland investors known to be too concentrated on property investments.

assistant: 一名專題討論小組的成員表示，整個區內的投資者所投資的產品不夠多元化，而內地投資者便被公認爲過度偏重於房地產投資。
user: Please translate the following sentence from English to Chinese: This was what we had in mind when we designed the different initiatives under the Mainland and Hong Kong Closer Economic Partnership Arrangement umbrella.

assistant: 這是我們在構思《內地與香港關於建立更緊密經貿關係的安排》的各項舉措時的出發點。
user: Please translate the following sentence from English to Chinese: Second, developing closer regulatory co-operation with the Mainland authorities. This co-operative relationship is unique between the Mainland and Hong Kong, and I would like to elaborate a little on this.

assistant: 其次，與內地機構發展更緊密的監管合作關係，該合作關係在中港兩地之間是獨一無二的，而我希望進一步闡述這個方面。
user: Please translate the following sentence from English to Chinese: 29. As per the SFC’s Retail Investor Survey 2005 conducted in Sep to Nov 2005, retail participation rate is:

assistant: 29. 根據於 2005 年 9 至 11 月進行的 2005 年證監會散戶投資者調查，散戶參與率爲：
user: Please translate the following sentence from English to Chinese: Investors should not jump into the recent rally of REITs recklessly, as companies' plans to issue a REIT may not be approved by the Commission.

assistant: 由於某家公司擬發行房地產基金單位的計劃未必會獲得證監會的核準，因此投資者不應盲目追趕房地產基金近期的升勢而貿然入市。
user: Please translate the following sentence from English to Chinese: According to the study of Asian Corporate Governance Association on 10 Asian markets in 2005, Hong Kong is in the leading position in the areas of enforcement.

assistant: 根據亞洲公司治理協會(Asian Corporate Governance Association)在 2005 年對十個亞洲巿場進行的研究顯示，香港在執法方面處於領先地位。
user: Please translate the following sentence from English to Chinese: Facilitation – Providing the platform for China’s changing capital needs Bringing international capital to the Mainland When Mainland China first embarked on its economic transformation, it required a lot of funds.

assistant: 促進－爲中國不斷轉變的資本需求提供平臺 將國際資本引進內地 中國內地在經濟轉型初期，需要大量資金。