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IERI Procedia 2 (2012) 337 – 345 Available online at www.sciencedirect.com 2212-6678 © 2012 Published by Elsevier B.V. Selection and peer review under responsibility of Information Engineering Research Institute doi:10.1016/j.ieri.2012.06.098 ,QWHUQDWLRQDO &RQIHUHQFH RQ )XWXUH &RPSXWHU 6XSSRUWHG (GXFDWLRQ 7UDGLQJ %DVHG RQ 3HUVLVWHQW 67(3 0HVVDJLQJ D µ6ROLG¶ 6WHS WRZDUGV D 0RUH 2SHQ &KLQHVH 6WRFN 0DUNHW *XDQJELQ ;X D -XH\LQJ 7DR E D 6KDQJKDL 6WRFN ([FKDQJH 6RXWK 3XGRQJ 5RDG 6KDQJKDL &KLQD E 6KDQJKDL 8QLYHUVLW\ RI )LQDQFH DQG (FRQRPLFV *XRGLQJ 5RDG 6KDQJKDL &KLQD $EVWUDFW 7KLV SDSHU LQWURGXFHV WKH HYROXWLRQ RI WKH 67(3 SURWRFRO WKH ILUVW &KLQHVH VHFXULWLHV LQIRUPDWLRQ H[FKDQJH VWDQGDUG ZKLFK LV RI IXOO FRPSDWLELOLW\ WR WKH ZRUOG GHIDFWR ),; SURWRFRO DQG LV RIILFLDOO\ LVVXHG LQ 7KH FKDOOHQJHV RI DSSO\LQJ 67(3 WR WKH &KLQD¶V VWRFN PDUNHW DUH DOVR GHVFULEHG :H SURSRVH D SUDFWLFDO VROXWLRQ WR DGGUHVV WKHVH FKDOOHQJHV 6RPH WUDGLQJ EXVLQHVVHV RQ WKH &KLQHVH PDUNHW EDVHG RQ WKH VROXWLRQV DUH DOVR GHVFULEHG )LQDOO\ WKH IXWXUH RI WKH 67(3 DQG WKH SURVSHFWV RI LWV DSSOLFDWLRQ DUH SUHVHQWHG .H\ZRUGV 6HFXULWLHV LQIRUPDWLRQ H[FKDQJH ),; 67(3 6WRFN H[FKDQJH 6WRFN 0DUNHW ,QWURGXFWLRQ 2YHU WKH SDVW WZHQW\ \HDUV FKLQD¶V FDSLWDO PDUNHW KDV EHHQ VRDULQJ WKDQNV WR WKH JUHDW JURZWK RI HFRQRP\ WKH VHFXULWL]DWLRQ UDWLR KDV MXPSHG IURP OHVV WKDQ WR PRUH WKDQ PDUNHW FDSLWDOL]DWLRQ IURP ELOOLRQ WR ELOOLRQ ZLWK PLOOLRQ LQYHVWRUV DQG DQ DOOWLPH KLJK WXUQRYHU UDWH *XDQJELQ ;X 7HO ID[ (PDLO DGGUHVV [XJXDQJELQ#JPDLOFRP Available online at www.sciencedirect.com © 2012 Published by Elsevier B.V. Selection and peer review under responsibility of Information Engineering Research Institute

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IERI Procedia 2 ( 2012 ) 337 – 345

Available online at www.sciencedirect.com

2212-6678 © 2012 Published by Elsevier B.V. Selection and peer review under responsibility of Information Engineering Research Institute doi: 10.1016/j.ieri.2012.06.098

Available online at www.sciencedirect.com

© 2012 Published by Elsevier B.V. Selection and peer review under responsibility of Information Engineering Research Institute

338 Guangbin Xu and Jueying Tao / IERI Procedia 2 ( 2012 ) 337 – 345

339 Guangbin Xu and Jueying Tao / IERI Procedia 2 ( 2012 ) 337 – 345

340 Guangbin Xu and Jueying Tao / IERI Procedia 2 ( 2012 ) 337 – 345

341 Guangbin Xu and Jueying Tao / IERI Procedia 2 ( 2012 ) 337 – 345

342 Guangbin Xu and Jueying Tao / IERI Procedia 2 ( 2012 ) 337 – 345

343 Guangbin Xu and Jueying Tao / IERI Procedia 2 ( 2012 ) 337 – 345

344 Guangbin Xu and Jueying Tao / IERI Procedia 2 ( 2012 ) 337 – 345

345 Guangbin Xu and Jueying Tao / IERI Procedia 2 ( 2012 ) 337 – 345