There are two means of protecting the trust interests of the counterpart that is the continuity protection and the asset protection .

对相对人的 信赖利益的保护方式主要有两种，即存续保护和 财产保护。

On the basis of conclusion discussion the study proposes several management strategies and advices including building strict institution-based trust developing safe information sharing strategy and exerting reasonably specific asset investment strategy in order to cultivate develop and stabilize collaboration trust in supply chain .

在此基础上，提出了相应的供应链协作信任的管理策略，包括建立严格的制度 信任、发展安全的信息共享策略和适度运用专用 资产投资策略。

Discussion on the Legal Construction of Special Purpose Trust in Our Asset Securitization

论特殊目的 信托在我国 资产证券化中的法律构建

It will usually provide that any moneys received on enforcement against an asset will be held on trust for the holder of any other security over the relevant asset .

通常，它规定接收的任何基于资产的实施资金将作为任何其它相关 资产担保所有者的 委托金加以保管。

If the enterprises want to be survival and development in the existing environment they have to win the trust of consumers and improve this most valuable asset .

企业要想在现有的环境下持续生存与发展，必须赢得消费者的 信任，提高这份最有价值的 资产。

Among them the trust type and company type are adopted widely all over the world . However in the existing legal system in China the trust is the only asset securitization operation mode .

其中信托型和公司型 资产证券化被世界各国所广泛采用，在我国现有的法制框架之下， 信托则是我国 资产证券化的唯一模式。

In recent years the profits of trust industry and the scale of asset management have gained rapid growth . Trust company is gaining great prominence in financial services sector in China and trust financial is also undergoing its best historical period .

近年来， 信托业利润和 资产管理规模快速增长，信托公司在中国金融服务业中的地位日益重要，信托理财正处在历史最好时期。

When the trustee transfers the trust property to other SPC in accordance with the asset trust securitization plan the preceding paragraph shall apply mutatis mutandis to the registration and taxes related to asset transfer .

受托机构依 资产信托证券化计划，将其 信托财产让与其它特殊目的公司时，其资产移转之登记及各项税捐，准用前项规定。

In face of the fierce competition in the media market the general trust has become an important invisible asset and resource for mass media to survive the competition .

在竞争激烈的新闻市场， 公信力成为大众媒介重要的无形 资产和竞争资源，是媒介产品的信誉 保证。

Special purpose trust is not for the assets of asset securitization in the field of proprietary . Just because of its unique nature of trust create an illusion & it is no mention of special purpose trust soon to the asset securitization .

特定目的信托并非为资产证券化领域所专有，只是因为其独特的信托性质才在资产证券化中得到大量运用，就造成一种假象&即凡提到特定目的 信托便联想到 资产证券化。

The trust system is the most scientific and rational system of the asset management the special of the trust is able to make the trust asset safety and to protect the interest of the investors .

信托制度是最科学合理的资产管理制度，信托的独特功能能够有效保障 信托 财产的安全和保护投资者的利益。

Asset securitization trust involves the basic theory of asset securitization and the basic principle of trust and it is that the principle of trust is applied successfully in asset securitization .

信托型资产证券化是 信托原理在 资产证券化领域的成功应用，涉及资产证券化的基本理论及信托的基本原理。

Real Estate Investment Trust ( REITs ) is a typical form of securitization of real estate asset which mostly occurred at the mature stage of real estate market and finance market .

房地产投资 信托（Real EstateInvestmentTrust，REITs，下同）是房地产证券化的一种典型形式，是房地产行业和金融市场发展到成熟阶段时现代金融创新的产物。

Specifically in addition to providing payment and settlement services granting loans and offering deposits banking companies could underwrite securities offer merger and acquisition advice and provide trust and wealth and asset management services .

具体而言，除了提供支付与结算服务、发放贷款、吸收存款，银行业公司还可以承销证券、提供并购咨询以及 信托、财富与 资产管理服务。

The Difficulty on Trust or Trust Companies : Study on the Asset Management Market under PRC Trust Law

信托之困境抑或 信托业之困境&论我国《信托法》下的 资产管理市场

In the long run the trust of investors and of investee companies may be the most valuable asset of all .

长期看来，来自投资者以及被投资公司的 信任，也许才是最具价值的 资产。

Special purpose trust ( SPT ) is the important vehicle of the asset backed-securitization . And the asset capable of backed-securitization namely the arrangement of the trust property is the essence of the asset backed-securitization .

特殊目的信托（SPT）是资产证券化的重要载体，而可证券化 资产亦即 信托财产关系安排是证券化的实质。

Chinese Taiwan introduces American real estate investment trust and Japanese real estate asset trust and construct their own real estate securitization system .

中国台湾引进了美国的不动产投资 信托和日本的 资产 流动化型不动产证券化（即不动产 资产信托），建立了台湾自己的不动产证券化制度。

The economy grows faster with higher values of the idea efficiency of the incentive structure and society trust but grows more slowly with higher levels of asset prices .

经济增长速度和创意价值、激励效率和社会 诚信等因素呈现正向关系，而与 资产价格呈反向关系。

Even if macro social capital is enough to produce general trust relational contracting is indispensable to both parties because the lure from asset specificity is so big that general trust cannot prohibit the hold-up opportunist behavior .

当宏观社会资本足以使人们产生普遍 信任时， 资产专用性也要求契约双方采用关系缔约，因为 资产专用性的诱惑是如此之大，以至于普遍信任也不足以阻止敲竹杠（hold-up）的机会主义行为。

After inspecting various countries ' practices many successful cases in the world indicated that Special Purpose Trust is a practical and feasible way to operate Asset Securitization .

考察各国实践，世界范围内的诸多成功案例表明，通过建立特殊目的 信托来设计 资产证券化的运作是一种切实可行的方式。

However the special purpose trust assets mainly in the asset securitization and it used less in the public trust .

但是，目前特定目的 信托主要倾斜于 资产证券化领域中，在公益信托等方面的运用较少。

In this context the author wrote this article . Firstly through asset based securities and trust system definition character analysis demonstration of asset securitization trust system functionality support which is asset securitization trust system theory using .

笔者在此背景下写此文章。本文首先通过对资产证券与信托制度基础定义、特质的分析，论证 信托制度对资产证券化的功能性支持，这是 资产证券化采用信托制度理论基础。

The trust principal as the core of an asset management system is widely used and has become the financial institutions the major and common choice of the entrustment management system .

信托原理作为 资产管理制度的核心被广泛应用，成为我国金融机构委托理财业务主要的、公用的制度选择。

Given pure market and pure power as logic starting pointing of financial contract they must had the characters of trust due to asymmetric information uncertainty asset specificity cognitive ability of investor .

如果给定融资契约演进的逻辑起点是完全市场或纯粹权威，由于受不对称信息、不确定性、 资产专用性、投资者的认知能力等因素影响，它们必然演变成具有 信任特性的的融资契约形态。

M Trust Company Is Able to Develop Their Skill to Full on the State Asset Reform

信托公司在 国资改革中大有可为

A often-used method has been for a bank to make a loan to a company through a trust and then use the trust asset as collateral for a short-term loan from another bank .

通常使用的一种方式是：银行通过信托向企业发放贷款，然后将该 信托 资产用作抵押从另外一家银行获得短期贷款。

Trust companies are also allowed to offer a variety of corporate banking services including asset management and indirect fundraising for domestic enterprises .

中国还允许 信托公司提供多种企业银行服务，包括为国内企业提供 资产管理和间接融资。