id	sid	tid	token	lemma	pos
cjal-3217	1	1	venture	venture	NOUN
cjal-3217	1	2	capital	capital	NOUN
cjal-3217	1	3	in	in	ADP
cjal-3217	1	4	china	china	PROPN
cjal-3217	1	5	:	:	PUNCT
cjal-3217	1	6	developing	develop	VERB
cjal-3217	1	7	a	a	DET
cjal-3217	1	8	regulatory	regulatory	ADJ
cjal-3217	1	9	framework	framework	NOUN
cjal-3217	1	10	venture	venture	NOUN
cjal-3217	1	11	capital	capital	NOUN
cjal-3217	1	12	in	in	ADP
cjal-3217	1	13	china	china	PROPN
cjal-3217	1	14	:	:	PUNCT
cjal-3217	1	15	developing	develop	VERB
cjal-3217	1	16	a	a	DET
cjal-3217	1	17	regulatory	regulatory	ADJ
cjal-3217	1	18	framework	framework	NOUN
cjal-3217	1	19	christopher	christopher	PROPN
cjal-3217	1	20	m.	m.	PROPN
cjal-3217	1	21	vaughn	vaughn	PROPN
cjal-3217	1	22	*	*	PROPN
cjal-3217	1	23	i.	i.	PROPN
cjal-3217	1	24	introduction	introduction	PROPN
cjal-3217	1	25	-----------------------------228	-----------------------------228	PROPN
cjal-3217	1	26	ii	ii	PROPN
cjal-3217	1	27	.	.	PUNCT
cjal-3217	2	1	china	china	PROPN
cjal-3217	2	2	's	's	PART
cjal-3217	2	3	system	system	NOUN
cjal-3217	2	4	of	of	ADP
cjal-3217	2	5	finance	finance	NOUN
cjal-3217	2	6	:	:	PUNCT
cjal-3217	2	7	a	a	DET
cjal-3217	2	8	brief	brief	ADJ
cjal-3217	2	9	history---231	history---231	ADJ
cjal-3217	2	10	a.	a.	NOUN
cjal-3217	2	11	the	the	DET
cjal-3217	2	12	pre	pre	ADJ
cjal-3217	2	13	-	-	ADJ
cjal-3217	2	14	communist	communist	ADJ
cjal-3217	2	15	and	and	CCONJ
cjal-3217	2	16	communist	communist	ADJ
cjal-3217	2	17	era	era	PROPN
cjal-3217	2	18	-----------231	-----------231	PROPN
cjal-3217	2	19	b.	b.	PROPN
cjal-3217	3	1	the	the	DET
cjal-3217	3	2	1978	1978	NUM
cjal-3217	3	3	reforms	reform	NOUN
cjal-3217	3	4	------------------------------232	------------------------------232	PROPN
cjal-3217	3	5	c.	c.	PROPN
cjal-3217	3	6	the	the	DET
cjal-3217	3	7	need	need	NOUN
cjal-3217	3	8	for	for	ADP
cjal-3217	3	9	venture	venture	NOUN
cjal-3217	3	10	capital	capital	NOUN
cjal-3217	3	11	in	in	ADP
cjal-3217	3	12	2002	2002	NUM
cjal-3217	3	13	----------235	----------235	PROPN
cjal-3217	3	14	iii	iii	PROPN
cjal-3217	3	15	.	.	PUNCT
cjal-3217	4	1	china	china	PROPN
cjal-3217	4	2	's	's	PART
cjal-3217	4	3	current	current	ADJ
cjal-3217	4	4	venture	venture	NOUN
cjal-3217	4	5	capital	capital	NOUN
cjal-3217	4	6	regime	regime	NOUN
cjal-3217	4	7	---237	---237	PROPN
cjal-3217	4	8	a.	a.	NOUN
cjal-3217	4	9	the	the	DET
cjal-3217	4	10	players	player	NOUN
cjal-3217	4	11	and	and	CCONJ
cjal-3217	4	12	their	their	PRON
cjal-3217	4	13	current	current	ADJ
cjal-3217	4	14	form	form	NOUN
cjal-3217	4	15	-------------237	-------------237	PROPN
cjal-3217	4	16	b.	b.	PROPN
cjal-3217	4	17	problems	problem	NOUN
cjal-3217	4	18	with	with	ADP
cjal-3217	4	19	entry	entry	NOUN
cjal-3217	4	20	:	:	PUNCT
cjal-3217	4	21	structure	structure	NOUN
cjal-3217	4	22	and	and	CCONJ
cjal-3217	4	23	control	control	NOUN
cjal-3217	4	24	issues	issue	NOUN
cjal-3217	4	25	-----------------------------------------240	-----------------------------------------240	NOUN
cjal-3217	5	1	c.	c.	NOUN
cjal-3217	5	2	problems	problem	NOUN
cjal-3217	5	3	with	with	ADP
cjal-3217	5	4	exit	exit	NOUN
cjal-3217	5	5	:	:	PUNCT
cjal-3217	5	6	the	the	DET
cjal-3217	5	7	cashing	cash	VERB
cjal-3217	5	8	out	out	ADP
cjal-3217	5	9	issue	issue	NOUN
cjal-3217	5	10	--------242	--------242	NOUN
cjal-3217	5	11	iv	iv	NOUN
cjal-3217	5	12	.	.	PUNCT
cjal-3217	6	1	the	the	DET
cjal-3217	6	2	developing	develop	VERB
cjal-3217	6	3	regulatory	regulatory	ADJ
cjal-3217	6	4	framework	framework	NOUN
cjal-3217	6	5	---243	---243	PUNCT
cjal-3217	6	6	a.	a.	NOUN
cjal-3217	6	7	four	four	NUM
cjal-3217	6	8	documents	document	NOUN
cjal-3217	6	9	and	and	CCONJ
cjal-3217	6	10	national	national	ADJ
cjal-3217	6	11	legislation	legislation	PROPN
cjal-3217	6	12	-------243	-------243	PROPN
cjal-3217	6	13	b.	b.	PROPN
cjal-3217	6	14	improved	improve	VERB
cjal-3217	6	15	entry	entry	NOUN
cjal-3217	6	16	:	:	PUNCT
cjal-3217	6	17	amendments	amendment	NOUN
cjal-3217	6	18	to	to	ADP
cjal-3217	6	19	the	the	DET
cjal-3217	6	20	company	company	NOUN
cjal-3217	6	21	law	law	NOUN
cjal-3217	6	22	and	and	CCONJ
cjal-3217	6	23	fie	fie	NOUN
cjal-3217	6	24	laws	law	NOUN
cjal-3217	6	25	----------------------------------245	----------------------------------245	PROPN
cjal-3217	6	26	c.	c.	PROPN
cjal-3217	6	27	improved	improved	PROPN
cjal-3217	6	28	exits	exit	NOUN
cjal-3217	6	29	:	:	PUNCT
cjal-3217	6	30	streamlining	streamline	VERB
cjal-3217	6	31	securities	security	NOUN
cjal-3217	6	32	----------245	----------245	PROPN
cjal-3217	6	33	d.	d.	PROPN
cjal-3217	6	34	local	local	ADJ
cjal-3217	6	35	efforts	effort	NOUN
cjal-3217	6	36	---------------------------------246	---------------------------------246	VERB
cjal-3217	7	1	v.	v.	ADP
cjal-3217	7	2	lessons	lesson	NOUN
cjal-3217	7	3	from	from	ADP
cjal-3217	7	4	abroad	abroad	ADV
cjal-3217	7	5	---------------------247	---------------------247	PROPN
cjal-3217	7	6	a.	a.	PROPN
cjal-3217	8	1	the	the	DET
cjal-3217	8	2	united	united	PROPN
cjal-3217	8	3	states	states	PROPN
cjal-3217	8	4	------------------------------247	------------------------------247	PROPN
cjal-3217	8	5	b.	b.	PROPN
cjal-3217	8	6	japan	japan	PROPN
cjal-3217	8	7	-----------------------------------------249	-----------------------------------------249	PROPN
cjal-3217	8	8	c.	c.	PROPN
cjal-3217	8	9	south	south	PROPN
cjal-3217	8	10	korea	korea	PROPN
cjal-3217	8	11	----------------------------------250	----------------------------------250	PROPN
cjal-3217	8	12	vi	vi	PROPN
cjal-3217	8	13	.	.	PROPN
cjal-3217	8	14	conclusion	conclusion	PROPN
cjal-3217	8	15	-------------------------------251	-------------------------------251	PROPN
cjal-3217	8	16	*	*	PUNCT
cjal-3217	8	17	associate	associate	PROPN
cjal-3217	8	18	,	,	PUNCT
cjal-3217	8	19	vinson	vinson	PROPN
cjal-3217	8	20	&	&	CCONJ
cjal-3217	8	21	elkins	elkins	PROPN
cjal-3217	8	22	llp	llp	PROPN
cjal-3217	8	23	,	,	PUNCT
cjal-3217	8	24	new	new	PROPN
cjal-3217	8	25	york	york	PROPN
cjal-3217	8	26	,	,	PUNCT
cjal-3217	8	27	new	new	PROPN
cjal-3217	8	28	york	york	PROPN
cjal-3217	8	29	;	;	PUNCT
cjal-3217	8	30	j.d	j.d	PROPN
cjal-3217	8	31	.	.	PROPN
cjal-3217	8	32	,	,	PUNCT
cjal-3217	8	33	tulane	tulane	PROPN
cjal-3217	8	34	law	law	PROPN
cjal-3217	8	35	school	school	NOUN
cjal-3217	8	36	;	;	PUNCT
cjal-3217	8	37	m.i.a	m.i.a	PROPN
cjal-3217	8	38	.	.	PROPN
cjal-3217	8	39	,	,	PUNCT
cjal-3217	8	40	columbia	columbia	PROPN
cjal-3217	8	41	school	school	NOUN
cjal-3217	8	42	of	of	ADP
cjal-3217	8	43	international	international	ADJ
cjal-3217	8	44	and	and	CCONJ
cjal-3217	8	45	public	public	ADJ
cjal-3217	8	46	affairs	affair	NOUN
cjal-3217	8	47	;	;	PUNCT
cjal-3217	8	48	b.a	b.a	PROPN
cjal-3217	8	49	.	.	PROPN
cjal-3217	8	50	,	,	PUNCT
cjal-3217	8	51	washington	washington	PROPN
cjal-3217	8	52	college	college	PROPN
cjal-3217	8	53	.	.	PUNCT
cjal-3217	9	1	the	the	DET
cjal-3217	9	2	author	author	NOUN
cjal-3217	9	3	would	would	AUX
cjal-3217	9	4	like	like	VERB
cjal-3217	9	5	to	to	PART
cjal-3217	9	6	thank	thank	VERB
cjal-3217	9	7	professor	professor	PROPN
cjal-3217	9	8	guanghua	guanghua	PROPN
cjal-3217	9	9	yu	yu	PROPN
cjal-3217	9	10	at	at	ADP
cjal-3217	9	11	the	the	DET
cjal-3217	9	12	university	university	PROPN
cjal-3217	9	13	of	of	ADP
cjal-3217	9	14	hong	hong	PROPN
cjal-3217	9	15	kong	kong	PROPN
cjal-3217	9	16	and	and	CCONJ
cjal-3217	9	17	professor	professor	PROPN
cjal-3217	9	18	william	william	PROPN
cjal-3217	9	19	lovett	lovett	PROPN
cjal-3217	9	20	at	at	ADP
cjal-3217	9	21	tulane	tulane	PROPN
cjal-3217	9	22	law	law	PROPN
cjal-3217	9	23	school	school	NOUN
cjal-3217	9	24	.	.	PUNCT
cjal-3217	10	1	columbia	columbia	PROPN
cjal-3217	10	2	journal	journal	PROPN
cjal-3217	10	3	ofasianlaw	ofasianlaw	PROPN
cjal-3217	11	1	[	[	X
cjal-3217	11	2	16:1	16:1	PROPN
cjal-3217	11	3	i.	i.	PROPN
cjal-3217	11	4	introduction	introduction	PROPN
cjal-3217	11	5	venture	venture	PROPN
cjal-3217	11	6	capital	capital	NOUN
cjal-3217	11	7	'	'	PUNCT
cjal-3217	11	8	first	first	ADV
cjal-3217	11	9	appeared	appear	VERB
cjal-3217	11	10	in	in	ADP
cjal-3217	11	11	china	china	PROPN
cjal-3217	11	12	in	in	ADP
cjal-3217	11	13	1985	1985	NUM
cjal-3217	11	14	,	,	PUNCT
cjal-3217	11	15	when	when	SCONJ
cjal-3217	11	16	the	the	DET
cjal-3217	11	17	chinese	chinese	ADJ
cjal-3217	11	18	government	government	NOUN
cjal-3217	11	19	released	release	VERB
cjal-3217	11	20	the	the	DET
cjal-3217	11	21	decision	decision	NOUN
cjal-3217	11	22	to	to	PART
cjal-3217	11	23	reform	reform	VERB
cjal-3217	11	24	the	the	DET
cjal-3217	11	25	chinese	chinese	ADJ
cjal-3217	11	26	science	science	NOUN
cjal-3217	11	27	and	and	CCONJ
cjal-3217	11	28	technical	technical	ADJ
cjal-3217	11	29	system	system	NOUN
cjal-3217	11	30	,	,	PUNCT
cjal-3217	11	31	its	its	PRON
cjal-3217	11	32	first	first	ADJ
cjal-3217	11	33	official	official	ADJ
cjal-3217	11	34	document	document	NOUN
cjal-3217	11	35	addressing	address	VERB
cjal-3217	11	36	the	the	DET
cjal-3217	11	37	topic.2	topic.2	PROPN
cjal-3217	11	38	in	in	ADP
cjal-3217	11	39	beijing	beijing	PROPN
cjal-3217	11	40	that	that	DET
cjal-3217	11	41	same	same	ADJ
cjal-3217	11	42	year	year	NOUN
cjal-3217	11	43	,	,	PUNCT
cjal-3217	11	44	the	the	DET
cjal-3217	11	45	government	government	NOUN
cjal-3217	11	46	sponsored	sponsor	VERB
cjal-3217	11	47	china	china	PROPN
cjal-3217	11	48	venturetech	venturetech	PROPN
cjal-3217	11	49	investment	investment	NOUN
cjal-3217	11	50	corporation	corporation	NOUN
cjal-3217	11	51	,	,	PUNCT
cjal-3217	11	52	china	china	PROPN
cjal-3217	11	53	's	's	PART
cjal-3217	11	54	first	first	ADJ
cjal-3217	11	55	ever	ever	ADV
cjal-3217	11	56	venture	venture	NOUN
cjal-3217	11	57	capital	capital	NOUN
cjal-3217	11	58	firm,3	firm,3	NOUN
cjal-3217	11	59	which	which	PRON
cjal-3217	11	60	specialized	specialize	VERB
cjal-3217	11	61	in	in	ADP
cjal-3217	11	62	high	high	ADJ
cjal-3217	11	63	-	-	PUNCT
cjal-3217	11	64	tech	tech	NOUN
cjal-3217	11	65	venture	venture	NOUN
cjal-3217	11	66	investments	investment	NOUN
cjal-3217	11	67	and	and	CCONJ
cjal-3217	11	68	led	lead	VERB
cjal-3217	11	69	the	the	DET
cjal-3217	11	70	government	government	NOUN
cjal-3217	11	71	's	's	PART
cjal-3217	11	72	formation	formation	NOUN
cjal-3217	11	73	of	of	ADP
cjal-3217	11	74	similar	similar	ADJ
cjal-3217	11	75	investment	investment	NOUN
cjal-3217	11	76	entities	entity	NOUN
cjal-3217	11	77	in	in	ADP
cjal-3217	11	78	other	other	ADJ
cjal-3217	11	79	provinces	province	NOUN
cjal-3217	11	80	around	around	ADP
cjal-3217	11	81	china.4	china.4	PROPN
cjal-3217	11	82	yet	yet	ADV
cjal-3217	11	83	the	the	DET
cjal-3217	11	84	government	government	NOUN
cjal-3217	11	85	,	,	PUNCT
cjal-3217	11	86	young	young	ADJ
cjal-3217	11	87	to	to	PART
cjal-3217	11	88	market	market	VERB
cjal-3217	11	89	economics	economic	NOUN
cjal-3217	11	90	and	and	CCONJ
cjal-3217	11	91	mired	mire	VERB
cjal-3217	11	92	in	in	ADP
cjal-3217	11	93	ideological	ideological	ADJ
cjal-3217	11	94	skepticism	skepticism	NOUN
cjal-3217	11	95	following	follow	VERB
cjal-3217	11	96	tiananmen	tiananmen	PROPN
cjal-3217	11	97	square	square	PROPN
cjal-3217	11	98	,	,	PUNCT
cjal-3217	11	99	all	all	PRON
cjal-3217	11	100	but	but	CCONJ
cjal-3217	11	101	halted	halt	VERB
cjal-3217	11	102	the	the	DET
cjal-3217	11	103	nurturing	nurturing	NOUN
cjal-3217	11	104	of	of	ADP
cjal-3217	11	105	high	high	ADJ
cjal-3217	11	106	-	-	PUNCT
cjal-3217	11	107	risk	risk	NOUN
cjal-3217	11	108	,	,	PUNCT
cjal-3217	11	109	high	high	ADJ
cjal-3217	11	110	-	-	PUNCT
cjal-3217	11	111	return	return	NOUN
cjal-3217	11	112	venture	venture	NOUN
cjal-3217	11	113	capital	capital	NOUN
cjal-3217	11	114	investments	investment	NOUN
cjal-3217	11	115	in	in	ADP
cjal-3217	11	116	1989	1989	NUM
cjal-3217	11	117	.	.	PUNCT
cjal-3217	11	118	'	'	PUNCT
cjal-3217	12	1	china	china	PROPN
cjal-3217	12	2	's	's	PART
cjal-3217	12	3	venture	venture	NOUN
cjal-3217	12	4	capital	capital	NOUN
cjal-3217	12	5	environment	environment	NOUN
cjal-3217	12	6	withered	wither	VERB
cjal-3217	12	7	as	as	ADP
cjal-3217	12	8	a	a	DET
cjal-3217	12	9	result	result	NOUN
cjal-3217	12	10	.	.	PUNCT
cjal-3217	13	1	nevertheless	nevertheless	ADV
cjal-3217	13	2	,	,	PUNCT
cjal-3217	13	3	the	the	DET
cjal-3217	13	4	unpredictable	unpredictable	ADJ
cjal-3217	13	5	game	game	NOUN
cjal-3217	13	6	of	of	ADP
cjal-3217	13	7	private	private	ADJ
cjal-3217	13	8	equity	equity	NOUN
cjal-3217	13	9	in	in	ADP
cjal-3217	13	10	china	china	PROPN
cjal-3217	13	11	was	be	AUX
cjal-3217	13	12	underway.6	underway.6	PROPN
cjal-3217	13	13	the	the	DET
cjal-3217	13	14	1990	1990	NUM
cjal-3217	13	15	's	's	PART
cjal-3217	13	16	witnessed	witness	VERB
cjal-3217	13	17	a	a	DET
cjal-3217	13	18	volatile	volatile	ADJ
cjal-3217	13	19	resurrection	resurrection	NOUN
cjal-3217	13	20	of	of	ADP
cjal-3217	13	21	the	the	DET
cjal-3217	13	22	industry,7	industry,7	NOUN
cjal-3217	13	23	and	and	CCONJ
cjal-3217	13	24	by	by	ADP
cjal-3217	13	25	the	the	DET
cjal-3217	13	26	start	start	NOUN
cjal-3217	13	27	of	of	ADP
cjal-3217	13	28	the	the	DET
cjal-3217	13	29	21	21	NUM
cjal-3217	13	30	st	st	PROPN
cjal-3217	13	31	century	century	NOUN
cjal-3217	13	32	,	,	PUNCT
cjal-3217	13	33	venture	venture	NOUN
cjal-3217	13	34	capital	capital	NOUN
cjal-3217	13	35	in	in	ADP
cjal-3217	13	36	china	china	PROPN
cjal-3217	13	37	had	have	AUX
cjal-3217	13	38	reached	reach	VERB
cjal-3217	13	39	a	a	DET
cjal-3217	13	40	new	new	ADJ
cjal-3217	13	41	level	level	NOUN
cjal-3217	13	42	of	of	ADP
cjal-3217	13	43	prominence	prominence	NOUN
cjal-3217	13	44	.	.	PUNCT
cjal-3217	13	45	'	'	PUNCT
cjal-3217	14	1	there	there	PRON
cjal-3217	14	2	are	be	VERB
cjal-3217	14	3	several	several	ADJ
cjal-3217	14	4	explanations	explanation	NOUN
cjal-3217	14	5	for	for	ADP
cjal-3217	14	6	venture	venture	NOUN
cjal-3217	14	7	capital	capital	NOUN
cjal-3217	14	8	's	's	PART
cjal-3217	14	9	newfound	newfound	NOUN
cjal-3217	14	10	attractiveness	attractiveness	NOUN
cjal-3217	14	11	.	.	PUNCT
cjal-3217	15	1	first	first	ADV
cjal-3217	15	2	,	,	PUNCT
cjal-3217	15	3	to	to	ADP
cjal-3217	15	4	the	the	DET
cjal-3217	15	5	venture	venture	NOUN
cjal-3217	15	6	capitalist	capitalist	NOUN
cjal-3217	15	7	,	,	PUNCT
cjal-3217	15	8	china	china	PROPN
cjal-3217	15	9	's	's	PART
cjal-3217	15	10	accession	accession	NOUN
cjal-3217	15	11	into	into	ADP
cjal-3217	15	12	the	the	DET
cjal-3217	15	13	wto	wto	PROPN
cjal-3217	15	14	means	mean	VERB
cjal-3217	15	15	long	long	ADV
cjal-3217	15	16	-	-	PUNCT
cjal-3217	15	17	awaited	await	VERB
cjal-3217	15	18	liberalization	liberalization	NOUN
cjal-3217	15	19	in	in	ADP
cjal-3217	15	20	the	the	PRON
cjal-3217	15	21	i	i	PRON
cjal-3217	15	22	see	see	VERB
cjal-3217	15	23	anthony	anthony	PROPN
cjal-3217	15	24	aylward	aylward	PROPN
cjal-3217	15	25	,	,	PUNCT
cjal-3217	15	26	trends	trend	NOUN
cjal-3217	15	27	in	in	ADP
cjal-3217	15	28	venture	venture	NOUN
cjal-3217	15	29	capital	capital	NOUN
cjal-3217	15	30	finance	finance	NOUN
cjal-3217	15	31	in	in	ADP
cjal-3217	15	32	developing	develop	VERB
cjal-3217	15	33	countries	country	NOUN
cjal-3217	15	34	(	(	PUNCT
cjal-3217	15	35	int'l	int'l	ADP
cjal-3217	15	36	fin	fin	PROPN
cjal-3217	15	37	.	.	PUNCT
cjal-3217	15	38	corp	corp	PROPN
cjal-3217	15	39	.	.	PROPN
cjal-3217	15	40	discussion	discussion	PROPN
cjal-3217	15	41	paper	paper	NOUN
cjal-3217	15	42	no	no	INTJ
cjal-3217	15	43	.	.	PROPN
cjal-3217	15	44	36	36	NUM
cjal-3217	15	45	,	,	PUNCT
cjal-3217	15	46	1998	1998	NUM
cjal-3217	15	47	)	)	PUNCT
cjal-3217	15	48	.	.	PUNCT
cjal-3217	16	1	aylward	aylward	PROPN
cjal-3217	16	2	defines	define	VERB
cjal-3217	16	3	venture	venture	NOUN
cjal-3217	16	4	capital	capital	NOUN
cjal-3217	16	5	as	as	ADP
cjal-3217	16	6	"	"	PUNCT
cjal-3217	16	7	intermediated	intermediate	VERB
cjal-3217	16	8	external	external	ADJ
cjal-3217	16	9	investment	investment	NOUN
cjal-3217	16	10	in	in	ADP
cjal-3217	16	11	small	small	ADJ
cjal-3217	16	12	and	and	CCONJ
cjal-3217	16	13	medium	medium	ADJ
cjal-3217	16	14	sized	sized	ADJ
cjal-3217	16	15	companies	company	NOUN
cjal-3217	16	16	that	that	PRON
cjal-3217	16	17	offers	offer	VERB
cjal-3217	16	18	the	the	DET
cjal-3217	16	19	prospect	prospect	NOUN
cjal-3217	16	20	of	of	ADP
cjal-3217	16	21	above	above	ADP
cjal-3217	16	22	average	average	ADJ
cjal-3217	16	23	earnings	earning	NOUN
cjal-3217	16	24	growth	growth	NOUN
cjal-3217	16	25	coupled	couple	VERB
cjal-3217	16	26	with	with	ADP
cjal-3217	16	27	above	above	ADP
cjal-3217	16	28	average	average	ADJ
cjal-3217	16	29	risk	risk	NOUN
cjal-3217	16	30	.	.	PUNCT
cjal-3217	17	1	the	the	DET
cjal-3217	17	2	investment	investment	NOUN
cjal-3217	17	3	process	process	NOUN
cjal-3217	17	4	consists	consist	VERB
cjal-3217	17	5	of	of	ADP
cjal-3217	17	6	raising	raise	VERB
cjal-3217	17	7	a	a	DET
cjal-3217	17	8	fund	fund	NOUN
cjal-3217	17	9	,	,	PUNCT
cjal-3217	17	10	screening	screening	NOUN
cjal-3217	17	11	,	,	PUNCT
cjal-3217	17	12	selecting	selecting	NOUN
cjal-3217	17	13	,	,	PUNCT
cjal-3217	17	14	structuring	structuring	NOUN
cjal-3217	17	15	and	and	CCONJ
cjal-3217	17	16	monitoring	monitor	VERB
cjal-3217	17	17	investments	investment	NOUN
cjal-3217	17	18	.	.	PUNCT
cjal-3217	18	1	finally	finally	ADV
cjal-3217	18	2	the	the	DET
cjal-3217	18	3	investment	investment	NOUN
cjal-3217	18	4	is	be	AUX
cjal-3217	18	5	sold	sell	VERB
cjal-3217	18	6	and	and	CCONJ
cjal-3217	18	7	capital	capital	NOUN
cjal-3217	18	8	repaid	repay	VERB
cjal-3217	18	9	to	to	ADP
cjal-3217	18	10	the	the	DET
cjal-3217	18	11	investor	investor	NOUN
cjal-3217	18	12	.	.	PUNCT
cjal-3217	18	13	"	"	PUNCT
cjal-3217	19	1	2	2	NUM
cjal-3217	19	2	see	see	VERB
cjal-3217	19	3	yu	yu	PROPN
cjal-3217	19	4	ming	ming	PROPN
cjal-3217	19	5	,	,	PUNCT
cjal-3217	19	6	hidden	hide	VERB
cjal-3217	19	7	risks	risk	NOUN
cjal-3217	19	8	in	in	ADP
cjal-3217	19	9	china	china	PROPN
cjal-3217	19	10	's	's	PART
cjal-3217	19	11	venture	venture	NOUN
cjal-3217	19	12	capital	capital	NOUN
cjal-3217	19	13	investment	investment	NOUN
cjal-3217	19	14	,	,	PUNCT
cjal-3217	19	15	at	at	ADP
cjal-3217	19	16	http://www.ultrachina.com/	http://www.ultrachina.com/	ADJ
cjal-3217	19	17	english	english	PROPN
cjal-3217	19	18	/	/	SYM
cjal-3217	19	19	doc.cfnoid=89&midtoc=0&cidtoc=42	doc.cfnoid=89&midtoc=0&cidtoc=42	PROPN
cjal-3217	19	20	(	(	PUNCT
cjal-3217	19	21	june	june	PROPN
cjal-3217	19	22	2	2	NUM
cjal-3217	19	23	,	,	PUNCT
cjal-3217	19	24	2000	2000	NUM
cjal-3217	19	25	)	)	PUNCT
cjal-3217	19	26	.	.	PUNCT
cjal-3217	20	1	3	3	NUM
cjal-3217	20	2	see	see	VERB
cjal-3217	20	3	benjamin	benjamin	PROPN
cjal-3217	20	4	yip	yip	PROPN
cjal-3217	20	5	,	,	PUNCT
cjal-3217	20	6	venture	venture	NOUN
cjal-3217	20	7	capital	capital	NOUN
cjal-3217	20	8	in	in	ADP
cjal-3217	20	9	hong	hong	PROPN
cjal-3217	20	10	kong	kong	PROPN
cjal-3217	20	11	:	:	PUNCT
cjal-3217	20	12	a	a	DET
cjal-3217	20	13	perspective	perspective	ADJ
cjal-3217	20	14	study	study	NOUN
cjal-3217	20	15	and	and	CCONJ
cjal-3217	20	16	recommendations	recommendation	NOUN
cjal-3217	20	17	55	55	NUM
cjal-3217	20	18	(	(	PUNCT
cjal-3217	20	19	1993	1993	NUM
cjal-3217	20	20	)	)	PUNCT
cjal-3217	20	21	(	(	PUNCT
cjal-3217	20	22	unpublished	unpublished	ADJ
cjal-3217	20	23	m.b.a	m.b.a	NOUN
cjal-3217	20	24	.	.	PUNCT
cjal-3217	21	1	thesis	thesis	NOUN
cjal-3217	21	2	,	,	PUNCT
cjal-3217	21	3	university	university	NOUN
cjal-3217	21	4	of	of	ADP
cjal-3217	21	5	hong	hong	PROPN
cjal-3217	21	6	kong	kong	PROPN
cjal-3217	21	7	)	)	PUNCT
cjal-3217	21	8	(	(	PUNCT
cjal-3217	21	9	on	on	ADP
cjal-3217	21	10	file	file	NOUN
cjal-3217	21	11	with	with	ADP
cjal-3217	21	12	the	the	DET
cjal-3217	21	13	university	university	PROPN
cjal-3217	21	14	of	of	ADP
cjal-3217	21	15	hong	hong	PROPN
cjal-3217	21	16	kong	kong	PROPN
cjal-3217	21	17	library	library	PROPN
cjal-3217	21	18	)	)	PUNCT
cjal-3217	21	19	.	.	PUNCT
cjal-3217	22	1	4see	4see	NUM
cjal-3217	22	2	yu	yu	PROPN
cjal-3217	22	3	,	,	PUNCT
cjal-3217	22	4	supra	supra	PROPN
cjal-3217	22	5	note	note	NOUN
cjal-3217	22	6	2	2	NUM
cjal-3217	22	7	.	.	PUNCT
cjal-3217	22	8	'	'	PUNCT
cjal-3217	22	9	see	see	VERB
cjal-3217	22	10	i	i	PRON
cjal-3217	22	11	d.	d.	PROPN
cjal-3217	22	12	6	6	NUM
cjal-3217	22	13	see	see	VERB
cjal-3217	22	14	i	i	PRON
cjal-3217	22	15	d.	d.	PROPN
cjal-3217	22	16	7	7	NUM
cjal-3217	22	17	see	see	VERB
cjal-3217	22	18	asian	asian	ADJ
cjal-3217	22	19	venture	venture	NOUN
cjal-3217	22	20	capital	capital	NOUN
cjal-3217	22	21	journal	journal	PROPN
cjal-3217	22	22	,	,	PUNCT
cjal-3217	22	23	the	the	DET
cjal-3217	22	24	2000	2000	NUM
cjal-3217	22	25	guide	guide	NOUN
cjal-3217	22	26	to	to	PART
cjal-3217	22	27	venture	venture	VERB
cjal-3217	22	28	capital	capital	NOUN
cjal-3217	22	29	in	in	ADP
cjal-3217	22	30	asia	asia	PROPN
cjal-3217	22	31	44	44	NUM
cjal-3217	22	32	-	-	SYM
cjal-3217	22	33	51	51	NUM
cjal-3217	22	34	(	(	PUNCT
cjal-3217	22	35	2000	2000	NUM
cjal-3217	22	36	)	)	PUNCT
cjal-3217	22	37	.	.	PUNCT
cjal-3217	23	1	in	in	ADP
cjal-3217	23	2	1992	1992	NUM
cjal-3217	23	3	,	,	PUNCT
cjal-3217	23	4	venture	venture	NOUN
cjal-3217	23	5	capital	capital	NOUN
cjal-3217	23	6	again	again	ADV
cjal-3217	23	7	poured	pour	VERB
cjal-3217	23	8	into	into	ADP
cjal-3217	23	9	china	china	PROPN
cjal-3217	23	10	and	and	CCONJ
cjal-3217	23	11	rapidly	rapidly	ADV
cjal-3217	23	12	increased	increase	VERB
cjal-3217	23	13	through	through	ADP
cjal-3217	23	14	the	the	DET
cjal-3217	23	15	middle	middle	NOUN
cjal-3217	23	16	of	of	ADP
cjal-3217	23	17	the	the	DET
cjal-3217	23	18	decade	decade	NOUN
cjal-3217	23	19	.	.	PUNCT
cjal-3217	24	1	the	the	DET
cjal-3217	24	2	venture	venture	NOUN
cjal-3217	24	3	capital	capital	NOUN
cjal-3217	24	4	pool	pool	NOUN
cjal-3217	24	5	spiked	spike	VERB
cjal-3217	24	6	nine	nine	NUM
cjal-3217	24	7	times	time	NOUN
cjal-3217	24	8	in	in	ADP
cjal-3217	24	9	1992	1992	NUM
cjal-3217	24	10	to	to	ADP
cjal-3217	24	11	us$878	us$878	ADV
cjal-3217	24	12	million	million	NUM
cjal-3217	24	13	and	and	CCONJ
cjal-3217	24	14	continued	continue	VERB
cjal-3217	24	15	upward	upward	ADV
cjal-3217	24	16	towards	towards	ADP
cjal-3217	24	17	its	its	PRON
cjal-3217	24	18	1996	1996	NUM
cjal-3217	24	19	peak	peak	NOUN
cjal-3217	24	20	of	of	ADP
cjal-3217	24	21	us$3.6	us$3.6	PROPN
cjal-3217	24	22	billion	billion	NUM
cjal-3217	24	23	.	.	PUNCT
cjal-3217	25	1	but	but	CCONJ
cjal-3217	25	2	an	an	DET
cjal-3217	25	3	unstable	unstable	ADJ
cjal-3217	25	4	regulatory	regulatory	ADJ
cjal-3217	25	5	environment	environment	NOUN
cjal-3217	25	6	coupled	couple	VERB
cjal-3217	25	7	with	with	ADP
cjal-3217	25	8	reduced	reduce	VERB
cjal-3217	25	9	economic	economic	ADJ
cjal-3217	25	10	growth	growth	NOUN
cjal-3217	25	11	rates	rate	NOUN
cjal-3217	25	12	and	and	CCONJ
cjal-3217	25	13	lower	low	ADJ
cjal-3217	25	14	than	than	SCONJ
cjal-3217	25	15	expected	expect	VERB
cjal-3217	25	16	returns	return	NOUN
cjal-3217	25	17	on	on	ADP
cjal-3217	25	18	investment	investment	NOUN
cjal-3217	25	19	from	from	ADP
cjal-3217	25	20	asia	asia	PROPN
cjal-3217	25	21	's	's	PART
cjal-3217	25	22	overarching	overarching	ADJ
cjal-3217	25	23	financial	financial	ADJ
cjal-3217	25	24	crisis	crisis	NOUN
cjal-3217	25	25	produced	produce	VERB
cjal-3217	25	26	significant	significant	ADJ
cjal-3217	25	27	declines	decline	NOUN
cjal-3217	25	28	in	in	ADP
cjal-3217	25	29	the	the	DET
cjal-3217	25	30	mid	mid	ADJ
cjal-3217	25	31	and	and	CCONJ
cjal-3217	25	32	late	late	ADJ
cjal-3217	25	33	1990	1990	NUM
cjal-3217	25	34	's	's	PART
cjal-3217	25	35	.	.	PUNCT
cjal-3217	26	1	in	in	ADP
cjal-3217	26	2	1998	1998	NUM
cjal-3217	26	3	the	the	DET
cjal-3217	26	4	pool	pool	NOUN
cjal-3217	26	5	fell	fall	VERB
cjal-3217	26	6	to	to	ADP
cjal-3217	26	7	us$3.1	us$3.1	VERB
cjal-3217	26	8	billion	billion	NUM
cjal-3217	26	9	and	and	CCONJ
cjal-3217	26	10	new	new	ADJ
cjal-3217	26	11	yearly	yearly	ADJ
cjal-3217	26	12	investment	investment	NOUN
cjal-3217	26	13	outlays	outlay	NOUN
cjal-3217	26	14	fell	fall	VERB
cjal-3217	26	15	from	from	ADP
cjal-3217	26	16	1995	1995	NUM
cjal-3217	26	17	's	's	PART
cjal-3217	26	18	high	high	ADJ
cjal-3217	26	19	of	of	ADP
cjal-3217	26	20	us$678	us$678	PROPN
cjal-3217	26	21	million	million	NUM
cjal-3217	26	22	to	to	ADP
cjal-3217	26	23	a	a	DET
cjal-3217	26	24	paltry	paltry	NOUN
cjal-3217	26	25	us$234	us$234	PROPN
cjal-3217	26	26	million	million	NUM
cjal-3217	26	27	.	.	PUNCT
cjal-3217	27	1	8	8	NUM
cjal-3217	27	2	see	see	VERB
cjal-3217	27	3	paul	paul	PROPN
cjal-3217	27	4	h.	h.	PROPN
cjal-3217	27	5	folta	folta	PROPN
cjal-3217	27	6	,	,	PUNCT
cjal-3217	27	7	the	the	DET
cjal-3217	27	8	rise	rise	NOUN
cjal-3217	27	9	of	of	ADP
cjal-3217	27	10	venture	venture	NOUN
cjal-3217	27	11	capital	capital	NOUN
cjal-3217	27	12	in	in	ADP
cjal-3217	27	13	china	china	PROPN
cjal-3217	27	14	,	,	PUNCT
cjal-3217	27	15	china	china	PROPN
cjal-3217	27	16	bus	bus	PROPN
cjal-3217	27	17	.	.	PUNCT
cjal-3217	28	1	rev	rev	PROPN
cjal-3217	28	2	.	.	PROPN
cjal-3217	28	3	,	,	PUNCT
cjal-3217	28	4	nov.-dec	nov.-dec	PROPN
cjal-3217	28	5	.	.	PROPN
cjal-3217	28	6	1999	1999	NUM
cjal-3217	28	7	,	,	PUNCT
cjal-3217	28	8	at	at	ADP
cjal-3217	28	9	6	6	NUM
cjal-3217	28	10	.	.	PUNCT
cjal-3217	29	1	outlays	outlay	NOUN
cjal-3217	29	2	in	in	ADP
cjal-3217	29	3	new	new	ADJ
cjal-3217	29	4	funds	fund	NOUN
cjal-3217	29	5	began	begin	VERB
cjal-3217	29	6	to	to	PART
cjal-3217	29	7	rise	rise	VERB
cjal-3217	29	8	again	again	ADV
cjal-3217	29	9	in	in	ADP
cjal-3217	29	10	1998	1998	NUM
cjal-3217	29	11	with	with	ADP
cjal-3217	29	12	66	66	NUM
cjal-3217	29	13	%	%	NOUN
cjal-3217	29	14	of	of	ADP
cjal-3217	29	15	china	china	PROPN
cjal-3217	29	16	's	's	PART
cjal-3217	29	17	venture	venture	NOUN
cjal-3217	29	18	capital	capital	NOUN
cjal-3217	29	19	sources	source	NOUN
cjal-3217	29	20	coming	come	VERB
cjal-3217	29	21	from	from	ADP
cjal-3217	29	22	outside	outside	ADP
cjal-3217	29	23	of	of	ADP
cjal-3217	29	24	china	china	PROPN
cjal-3217	29	25	,	,	PUNCT
cjal-3217	29	26	35	35	NUM
cjal-3217	29	27	%	%	NOUN
cjal-3217	29	28	of	of	ADP
cjal-3217	29	29	which	which	PRON
cjal-3217	29	30	came	come	VERB
cjal-3217	29	31	from	from	ADP
cjal-3217	29	32	non	non	ADJ
cjal-3217	29	33	-	-	ADJ
cjal-3217	29	34	asian	asian	ADJ
cjal-3217	29	35	nations	nation	NOUN
cjal-3217	29	36	.	.	PUNCT
cjal-3217	30	1	see	see	VERB
cjal-3217	30	2	asian	asian	ADJ
cjal-3217	30	3	venture	venture	NOUN
cjal-3217	30	4	capital	capital	NOUN
cjal-3217	30	5	journal	journal	PROPN
cjal-3217	30	6	,	,	PUNCT
cjal-3217	30	7	supra	supra	PROPN
cjal-3217	30	8	note	note	PROPN
cjal-3217	30	9	7	7	NUM
cjal-3217	30	10	,	,	PUNCT
cjal-3217	30	11	at	at	ADP
cjal-3217	30	12	47	47	NUM
cjal-3217	30	13	-	-	SYM
cjal-3217	30	14	48	48	NUM
cjal-3217	30	15	.	.	PUNCT
cjal-3217	31	1	venture	venture	NOUN
cjal-3217	31	2	capital	capital	NOUN
cjal-3217	31	3	in	in	ADP
cjal-3217	31	4	china	china	PROPN
cjal-3217	31	5	investment	investment	PROPN
cjal-3217	31	6	field.9	field.9	PROPN
cjal-3217	31	7	china	china	PROPN
cjal-3217	31	8	also	also	ADV
cjal-3217	31	9	has	have	VERB
cjal-3217	31	10	the	the	DET
cjal-3217	31	11	world	world	NOUN
cjal-3217	31	12	's	's	PART
cjal-3217	31	13	fastest	fast	ADJ
cjal-3217	31	14	growing	grow	VERB
cjal-3217	31	15	and	and	CCONJ
cjal-3217	31	16	most	most	ADV
cjal-3217	31	17	closely	closely	ADV
cjal-3217	31	18	watched	watch	VERB
cjal-3217	31	19	internet	internet	NOUN
cjal-3217	31	20	market	market	NOUN
cjal-3217	31	21	'	'	PART
cjal-3217	31	22	°	°	NUM
cjal-3217	31	23	and	and	CCONJ
cjal-3217	31	24	offers	offer	VERB
cjal-3217	31	25	unprecedented	unprecedented	ADJ
cjal-3217	31	26	governmental	governmental	ADJ
cjal-3217	31	27	support	support	NOUN
cjal-3217	31	28	in	in	ADP
cjal-3217	31	29	the	the	DET
cjal-3217	31	30	high	high	ADJ
cjal-3217	31	31	-	-	PUNCT
cjal-3217	31	32	tech	tech	NOUN
cjal-3217	31	33	field	field	NOUN
cjal-3217	31	34	.	.	PUNCT
cjal-3217	31	35	"	"	PUNCT
cjal-3217	32	1	in	in	ADP
cjal-3217	32	2	light	light	NOUN
cjal-3217	32	3	of	of	ADP
cjal-3217	32	4	asia	asia	PROPN
cjal-3217	32	5	's	's	PART
cjal-3217	32	6	1997	1997	NUM
cjal-3217	32	7	financial	financial	ADJ
cjal-3217	32	8	crisis	crisis	NOUN
cjal-3217	32	9	,	,	PUNCT
cjal-3217	32	10	venture	venture	NOUN
cjal-3217	32	11	capital	capital	NOUN
cjal-3217	32	12	provides	provide	VERB
cjal-3217	32	13	china	china	PROPN
cjal-3217	32	14	with	with	ADP
cjal-3217	32	15	longer	long	ADJ
cjal-3217	32	16	-	-	PUNCT
cjal-3217	32	17	term	term	NOUN
cjal-3217	32	18	,	,	PUNCT
cjal-3217	32	19	non	non	ADJ
cjal-3217	32	20	-	-	ADJ
cjal-3217	32	21	speculative	speculative	ADJ
cjal-3217	32	22	investment	investment	NOUN
cjal-3217	32	23	that	that	PRON
cjal-3217	32	24	supports	support	VERB
cjal-3217	32	25	innovation	innovation	NOUN
cjal-3217	32	26	and	and	CCONJ
cjal-3217	32	27	skill	skill	NOUN
cjal-3217	32	28	transfer	transfer	NOUN
cjal-3217	32	29	,	,	PUNCT
cjal-3217	32	30	elements	element	NOUN
cjal-3217	32	31	not	not	PART
cjal-3217	32	32	found	find	VERB
cjal-3217	32	33	in	in	ADP
cjal-3217	32	34	the	the	DET
cjal-3217	32	35	portfolio	portfolio	NOUN
cjal-3217	32	36	-	-	PUNCT
cjal-3217	32	37	type	type	NOUN
cjal-3217	32	38	investments	investment	NOUN
cjal-3217	32	39	of	of	ADP
cjal-3217	32	40	the	the	DET
cjal-3217	32	41	1997	1997	NUM
cjal-3217	32	42	financial	financial	ADJ
cjal-3217	32	43	debacle	debacle	NOUN
cjal-3217	32	44	.	.	PUNCT
cjal-3217	33	1	2	2	NUM
cjal-3217	33	2	at	at	ADP
cjal-3217	33	3	the	the	DET
cjal-3217	33	4	same	same	ADJ
cjal-3217	33	5	time	time	NOUN
cjal-3217	33	6	,	,	PUNCT
cjal-3217	33	7	venture	venture	NOUN
cjal-3217	33	8	capital	capital	NOUN
cjal-3217	33	9	holds	hold	VERB
cjal-3217	33	10	relief	relief	NOUN
cjal-3217	33	11	for	for	ADP
cjal-3217	33	12	china	china	PROPN
cjal-3217	33	13	's	's	PART
cjal-3217	33	14	tightening	tighten	VERB
cjal-3217	33	15	credit	credit	NOUN
cjal-3217	33	16	market	market	NOUN
cjal-3217	33	17	.	.	PUNCT
cjal-3217	33	18	'3	'3	VERB
cjal-3217	34	1	moreover	moreover	ADV
cjal-3217	34	2	,	,	PUNCT
cjal-3217	34	3	job	job	NOUN
cjal-3217	34	4	growth	growth	NOUN
cjal-3217	34	5	associated	associate	VERB
cjal-3217	34	6	with	with	ADP
cjal-3217	34	7	venture	venture	NOUN
cjal-3217	34	8	capital	capital	NOUN
cjal-3217	34	9	helps	help	VERB
cjal-3217	34	10	china	china	PROPN
cjal-3217	34	11	stem	stem	VERB
cjal-3217	34	12	its	its	PRON
cjal-3217	34	13	rising	rise	VERB
cjal-3217	34	14	unemployment	unemployment	NOUN
cjal-3217	34	15	problems	problem	NOUN
cjal-3217	34	16	from	from	ADP
cjal-3217	34	17	sweeping	sweeping	ADJ
cjal-3217	34	18	state9	state9	NOUN
cjal-3217	34	19	see	see	PROPN
cjal-3217	34	20	yuan	yuan	PROPN
cjal-3217	34	21	jianan	jianan	PROPN
cjal-3217	34	22	,	,	PUNCT
cjal-3217	34	23	new	new	ADJ
cjal-3217	34	24	development	development	NOUN
cjal-3217	34	25	in	in	ADP
cjal-3217	34	26	regulations	regulation	NOUN
cjal-3217	34	27	and	and	CCONJ
cjal-3217	34	28	policies	policy	NOUN
cjal-3217	34	29	of	of	ADP
cjal-3217	34	30	the	the	DET
cjal-3217	34	31	prc	prc	PROPN
cjal-3217	34	32	regarding	regard	VERB
cjal-3217	34	33	foreign	foreign	ADJ
cjal-3217	34	34	investment	investment	NOUN
cjal-3217	34	35	,	,	PUNCT
cjal-3217	34	36	china	china	PROPN
cjal-3217	34	37	law	law	NOUN
cjal-3217	34	38	update	update	NOUN
cjal-3217	34	39	,	,	PUNCT
cjal-3217	34	40	may	may	AUX
cjal-3217	34	41	2000	2000	NUM
cjal-3217	34	42	at	at	ADP
cjal-3217	34	43	24	24	NUM
cjal-3217	34	44	.	.	PUNCT
cjal-3217	35	1	the	the	DET
cjal-3217	35	2	state	state	PROPN
cjal-3217	35	3	council	council	PROPN
cjal-3217	35	4	inaugurated	inaugurate	VERB
cjal-3217	35	5	a	a	DET
cjal-3217	35	6	new	new	ADJ
cjal-3217	35	7	liberalization	liberalization	NOUN
cjal-3217	35	8	campaign	campaign	NOUN
cjal-3217	35	9	on	on	ADP
cjal-3217	35	10	aug	aug	PROPN
cjal-3217	35	11	.	.	PROPN
cjal-3217	35	12	20	20	NUM
cjal-3217	35	13	,	,	PUNCT
cjal-3217	35	14	1999	1999	NUM
cjal-3217	35	15	when	when	SCONJ
cjal-3217	35	16	it	it	PRON
cjal-3217	35	17	passed	pass	VERB
cjal-3217	35	18	a	a	DET
cjal-3217	35	19	nine	nine	NUM
cjal-3217	35	20	-	-	PUNCT
cjal-3217	35	21	ministry	ministry	NOUN
cjal-3217	35	22	,	,	PUNCT
cjal-3217	35	23	jointly	jointly	ADV
cjal-3217	35	24	formulated	formulate	VERB
cjal-3217	35	25	administrative	administrative	ADJ
cjal-3217	35	26	regulation	regulation	NOUN
cjal-3217	35	27	entitled	entitle	VERB
cjal-3217	35	28	opinion	opinion	NOUN
cjal-3217	35	29	on	on	ADP
cjal-3217	35	30	further	far	ADV
cjal-3217	35	31	encouraging	encourage	VERB
cjal-3217	35	32	foreign	foreign	ADJ
cjal-3217	35	33	investment	investment	NOUN
cjal-3217	35	34	.	.	PUNCT
cjal-3217	36	1	further	further	ADJ
cjal-3217	36	2	clarification	clarification	NOUN
cjal-3217	36	3	and	and	CCONJ
cjal-3217	36	4	liberalization	liberalization	NOUN
cjal-3217	36	5	took	take	VERB
cjal-3217	36	6	place	place	NOUN
cjal-3217	36	7	on	on	ADP
cjal-3217	36	8	september	september	PROPN
cjal-3217	36	9	1	1	NUM
cjal-3217	36	10	,	,	PUNCT
cjal-3217	36	11	2000	2000	NUM
cjal-3217	36	12	when	when	SCONJ
cjal-3217	36	13	moftec	moftec	ADJ
cjal-3217	36	14	and	and	CCONJ
cjal-3217	36	15	saic	saic	PROPN
cjal-3217	36	16	's	's	PART
cjal-3217	36	17	provisional	provisional	ADJ
cjal-3217	36	18	regulations	regulation	NOUN
cjal-3217	36	19	on	on	ADP
cjal-3217	36	20	investment	investment	NOUN
cjal-3217	36	21	inside	inside	ADP
cjal-3217	36	22	china	china	PROPN
cjal-3217	36	23	went	go	VERB
cjal-3217	36	24	into	into	ADP
cjal-3217	36	25	effect	effect	NOUN
cjal-3217	36	26	.	.	PUNCT
cjal-3217	37	1	see	see	VERB
cjal-3217	37	2	sally	sally	PROPN
cjal-3217	37	3	harpole	harpole	PROPN
cjal-3217	37	4	,	,	PUNCT
cjal-3217	37	5	new	new	ADJ
cjal-3217	37	6	regulations	regulation	NOUN
cjal-3217	37	7	clear	clear	VERB
cjal-3217	37	8	path	path	NOUN
cjal-3217	37	9	for	for	ADP
cjal-3217	37	10	investment	investment	NOUN
cjal-3217	37	11	by	by	ADP
cjal-3217	37	12	fie	fie	PROPN
cjal-3217	37	13	's	's	PART
cjal-3217	37	14	,	,	PUNCT
cjal-3217	37	15	china	china	PROPN
cjal-3217	37	16	law	law	NOUN
cjal-3217	37	17	update	update	NOUN
cjal-3217	37	18	,	,	PUNCT
cjal-3217	37	19	sept	sept	PROPN
cjal-3217	37	20	.	.	PROPN
cjal-3217	37	21	2000	2000	NUM
cjal-3217	37	22	,	,	PUNCT
cjal-3217	37	23	at	at	ADP
cjal-3217	37	24	3	3	NUM
cjal-3217	37	25	.	.	PUNCT
cjal-3217	38	1	lastly	lastly	ADV
cjal-3217	38	2	,	,	PUNCT
cjal-3217	38	3	legislators	legislator	NOUN
cjal-3217	38	4	voted	vote	VERB
cjal-3217	38	5	on	on	ADP
cjal-3217	38	6	october	october	PROPN
cjal-3217	38	7	31	31	NUM
cjal-3217	38	8	,	,	PUNCT
cjal-3217	38	9	2000	2000	NUM
cjal-3217	38	10	to	to	PART
cjal-3217	38	11	amend	amend	VERB
cjal-3217	38	12	its	its	PRON
cjal-3217	38	13	foreign	foreign	ADJ
cjal-3217	38	14	investment	investment	NOUN
cjal-3217	38	15	laws	law	NOUN
cjal-3217	38	16	to	to	PART
cjal-3217	38	17	equalize	equalize	VERB
cjal-3217	38	18	foreign	foreign	ADJ
cjal-3217	38	19	opportunities	opportunity	NOUN
cjal-3217	38	20	in	in	ADP
cjal-3217	38	21	-	-	PUNCT
cjal-3217	38	22	line	line	NOUN
cjal-3217	38	23	with	with	ADP
cjal-3217	38	24	pledges	pledge	NOUN
cjal-3217	38	25	china	china	PROPN
cjal-3217	38	26	made	make	VERB
cjal-3217	38	27	concerning	concern	VERB
cjal-3217	38	28	wto	wto	PROPN
cjal-3217	38	29	accession	accession	NOUN
cjal-3217	38	30	.	.	PUNCT
cjal-3217	39	1	see	see	VERB
cjal-3217	39	2	hu	hu	PROPN
cjal-3217	39	3	quhua	quhua	PROPN
cjal-3217	39	4	and	and	CCONJ
cjal-3217	39	5	saho	saho	PROPN
cjal-3217	39	6	zongwei	zongwei	PROPN
cjal-3217	39	7	,	,	PUNCT
cjal-3217	39	8	bid	bid	VERB
cjal-3217	39	9	to	to	PART
cjal-3217	39	10	level	level	VERB
cjal-3217	39	11	playing	playing	NOUN
cjal-3217	39	12	-	-	PUNCT
cjal-3217	39	13	field	field	NOUN
cjal-3217	39	14	,	,	PUNCT
cjal-3217	39	15	china	china	PROPN
cjal-3217	39	16	daily	daily	PROPN
cjal-3217	39	17	,	,	PUNCT
cjal-3217	39	18	oct	oct	PROPN
cjal-3217	39	19	.	.	PROPN
cjal-3217	39	20	31	31	NUM
cjal-3217	39	21	,	,	PUNCT
cjal-3217	39	22	2000	2000	NUM
cjal-3217	39	23	,	,	PUNCT
cjal-3217	39	24	at	at	ADP
cjal-3217	39	25	1	1	NUM
cjal-3217	39	26	.	.	PUNCT
cjal-3217	39	27	1o	1o	PROPN
cjal-3217	39	28	see	see	VERB
cjal-3217	39	29	sina.com	sina.com	X
cjal-3217	39	30	gets	get	VERB
cjal-3217	39	31	nod	nod	NOUN
cjal-3217	39	32	to	to	PART
cjal-3217	39	33	go	go	VERB
cjal-3217	39	34	public	public	ADJ
cjal-3217	39	35	,	,	PUNCT
cjal-3217	39	36	china	china	PROPN
cjal-3217	39	37	daily	daily	PROPN
cjal-3217	39	38	,	,	PUNCT
cjal-3217	39	39	mar	mar	PROPN
cjal-3217	39	40	.	.	PROPN
cjal-3217	39	41	26	26	NUM
cjal-3217	39	42	,	,	PUNCT
cjal-3217	39	43	2000	2000	NUM
cjal-3217	39	44	.	.	PUNCT
cjal-3217	40	1	the	the	DET
cjal-3217	40	2	number	number	NOUN
cjal-3217	40	3	of	of	ADP
cjal-3217	40	4	internet	internet	NOUN
cjal-3217	40	5	users	user	NOUN
cjal-3217	40	6	in	in	ADP
cjal-3217	40	7	china	china	PROPN
cjal-3217	40	8	doubles	double	VERB
cjal-3217	40	9	every	every	DET
cjal-3217	40	10	eight	eight	NUM
cjal-3217	40	11	months	month	NOUN
cjal-3217	40	12	.	.	PUNCT
cjal-3217	41	1	see	see	VERB
cjal-3217	41	2	yvonne	yvonne	PROPN
cjal-3217	41	3	chan	chan	PROPN
cjal-3217	41	4	,	,	PUNCT
cjal-3217	41	5	web	web	NOUN
cjal-3217	41	6	wave	wave	NOUN
cjal-3217	41	7	to	to	PART
cjal-3217	41	8	break	break	VERB
cjal-3217	41	9	on	on	ADP
cjal-3217	41	10	mainland	mainland	NOUN
cjal-3217	41	11	shores	shore	NOUN
cjal-3217	41	12	under	under	ADP
cjal-3217	41	13	wto	wto	PROPN
cjal-3217	41	14	membership	membership	NOUN
cjal-3217	41	15	,	,	PUNCT
cjal-3217	41	16	s.	s.	PROPN
cjal-3217	41	17	china	china	PROPN
cjal-3217	41	18	morning	morning	PROPN
cjal-3217	41	19	post	post	PROPN
cjal-3217	41	20	,	,	PUNCT
cjal-3217	41	21	nov	nov	PROPN
cjal-3217	41	22	.	.	PROPN
cjal-3217	41	23	18	18	NUM
cjal-3217	41	24	,	,	PUNCT
cjal-3217	41	25	1999	1999	NUM
cjal-3217	41	26	.	.	PUNCT
cjal-3217	42	1	in	in	ADP
cjal-3217	42	2	the	the	DET
cjal-3217	42	3	past	past	ADJ
cjal-3217	42	4	two	two	NUM
cjal-3217	42	5	years	year	NOUN
cjal-3217	42	6	the	the	DET
cjal-3217	42	7	number	number	NOUN
cjal-3217	42	8	of	of	ADP
cjal-3217	42	9	users	user	NOUN
cjal-3217	42	10	increased	increase	VERB
cjal-3217	42	11	fourteen	fourteen	NUM
cjal-3217	42	12	fold	fold	NOUN
cjal-3217	42	13	.	.	PUNCT
cjal-3217	43	1	see	see	VERB
cjal-3217	43	2	james	james	PROPN
cjal-3217	43	3	kynge	kynge	PROPN
cjal-3217	43	4	,	,	PUNCT
cjal-3217	43	5	firewall	firewall	NOUN
cjal-3217	43	6	of	of	ADP
cjal-3217	43	7	china	china	PROPN
cjal-3217	43	8	:	:	PUNCT
cjal-3217	43	9	beiing	beie	VERB
cjal-3217	43	10	is	be	AUX
cjal-3217	43	11	proud	proud	ADJ
cjal-3217	43	12	of	of	ADP
cjal-3217	43	13	its	its	PRON
cjal-3217	43	14	whizz	whizz	NOUN
cjal-3217	43	15	-	-	PUNCT
cjal-3217	43	16	kids	kid	NOUN
cjal-3217	43	17	but	but	CCONJ
cjal-3217	43	18	fears	fear	VERB
cjal-3217	43	19	the	the	DET
cjal-3217	43	20	anarchy	anarchy	NOUN
cjal-3217	43	21	of	of	ADP
cjal-3217	43	22	the	the	DET
cjal-3217	43	23	internet	internet	NOUN
cjal-3217	43	24	,	,	PUNCT
cjal-3217	43	25	fin	fin	NOUN
cjal-3217	43	26	.	.	PUNCT
cjal-3217	44	1	times	times	PROPN
cjal-3217	44	2	,	,	PUNCT
cjal-3217	44	3	jan	jan	PROPN
cjal-3217	44	4	.	.	PROPN
cjal-3217	44	5	27	27	NUM
cjal-3217	44	6	,	,	PUNCT
cjal-3217	44	7	2000	2000	NUM
cjal-3217	44	8	.	.	PUNCT
cjal-3217	45	1	in	in	ADP
cjal-3217	45	2	1999	1999	NUM
cjal-3217	45	3	alone	alone	ADV
cjal-3217	45	4	users	user	NOUN
cjal-3217	45	5	jumped	jump	VERB
cjal-3217	45	6	from	from	ADP
cjal-3217	45	7	2	2	NUM
cjal-3217	45	8	million	million	NUM
cjal-3217	45	9	to	to	ADP
cjal-3217	45	10	nearly	nearly	ADV
cjal-3217	45	11	9	9	NUM
cjal-3217	45	12	million	million	NUM
cjal-3217	45	13	.	.	PUNCT
cjal-3217	46	1	see	see	VERB
cjal-3217	46	2	r.j	r.j	PROPN
cjal-3217	46	3	.	.	PROPN
cjal-3217	46	4	michaels	michaels	PROPN
cjal-3217	46	5	,	,	PUNCT
cjal-3217	46	6	new	new	ADJ
cjal-3217	46	7	medium	medium	NOUN
cjal-3217	46	8	,	,	PUNCT
cjal-3217	46	9	new	new	ADJ
cjal-3217	46	10	rules	rule	NOUN
cjal-3217	46	11	,	,	PUNCT
cjal-3217	46	12	asiaweek	asiaweek	NOUN
cjal-3217	46	13	,	,	PUNCT
cjal-3217	46	14	feb	feb	PROPN
cjal-3217	46	15	.	.	PROPN
cjal-3217	46	16	11	11	NUM
cjal-3217	46	17	,	,	PUNCT
cjal-3217	46	18	2000	2000	NUM
cjal-3217	46	19	.	.	PUNCT
cjal-3217	47	1	projections	projection	NOUN
cjal-3217	47	2	forecast	forecast	VERB
cjal-3217	47	3	that	that	SCONJ
cjal-3217	47	4	users	user	NOUN
cjal-3217	47	5	will	will	AUX
cjal-3217	47	6	reach	reach	VERB
cjal-3217	47	7	20	20	NUM
cjal-3217	47	8	million	million	NUM
cjal-3217	47	9	by	by	ADP
cjal-3217	47	10	2002	2002	NUM
cjal-3217	47	11	and	and	CCONJ
cjal-3217	47	12	52	52	NUM
cjal-3217	47	13	million	million	NUM
cjal-3217	47	14	by	by	ADP
cjal-3217	47	15	2003	2003	NUM
cjal-3217	47	16	.	.	PUNCT
cjal-3217	48	1	see	see	VERB
cjal-3217	48	2	yvonne	yvonne	PROPN
cjal-3217	48	3	chan	chan	PROPN
cjal-3217	48	4	,	,	PUNCT
cjal-3217	48	5	supra	supra	PROPN
cjal-3217	48	6	;	;	PUNCT
cjal-3217	48	7	see	see	VERB
cjal-3217	48	8	also	also	ADV
cjal-3217	48	9	jim	jim	PROPN
cjal-3217	48	10	erickson	erickson	PROPN
cjal-3217	48	11	,	,	PUNCT
cjal-3217	48	12	dot	dot	NOUN
cjal-3217	48	13	-	-	PUNCT
cjal-3217	48	14	com	com	NOUN
cjal-3217	48	15	's	's	PART
cjal-3217	48	16	high	high	ADJ
cjal-3217	48	17	rollers	roller	NOUN
cjal-3217	48	18	,	,	PUNCT
cjal-3217	48	19	asiaweek	asiaweek	NOUN
cjal-3217	48	20	,	,	PUNCT
cjal-3217	48	21	july	july	PROPN
cjal-3217	48	22	23	23	NUM
cjal-3217	48	23	,	,	PUNCT
cjal-3217	48	24	1999	1999	NUM
cjal-3217	48	25	.	.	PUNCT
cjal-3217	48	26	"	"	PUNCT
cjal-3217	49	1	see	see	VERB
cjal-3217	49	2	sarah	sarah	PROPN
cjal-3217	49	3	tilton	tilton	PROPN
cjal-3217	49	4	,	,	PUNCT
cjal-3217	49	5	technology	technology	NOUN
cjal-3217	49	6	,	,	PUNCT
cjal-3217	49	7	asian	asian	PROPN
cjal-3217	49	8	wall	wall	PROPN
cjal-3217	49	9	street	street	PROPN
cjal-3217	49	10	journal	journal	PROPN
cjal-3217	49	11	weekly	weekly	PROPN
cjal-3217	49	12	,	,	PUNCT
cjal-3217	49	13	may	may	AUX
cjal-3217	49	14	31	31	NUM
cjal-3217	49	15	,	,	PUNCT
cjal-3217	49	16	1999	1999	NUM
cjal-3217	49	17	.	.	PUNCT
cjal-3217	50	1	with	with	ADP
cjal-3217	50	2	president	president	PROPN
cjal-3217	50	3	jiang	jiang	PROPN
cjal-3217	50	4	zemin	zemin	PROPN
cjal-3217	50	5	and	and	CCONJ
cjal-3217	50	6	premier	premier	PROPN
cjal-3217	50	7	zhu	zhu	PROPN
cjal-3217	50	8	rongji	rongji	PROPN
cjal-3217	50	9	openly	openly	ADV
cjal-3217	50	10	supporting	support	VERB
cjal-3217	50	11	china	china	PROPN
cjal-3217	50	12	's	's	PART
cjal-3217	50	13	high	high	ADJ
cjal-3217	50	14	-	-	PUNCT
cjal-3217	50	15	tech	tech	NOUN
cjal-3217	50	16	development	development	NOUN
cjal-3217	50	17	,	,	PUNCT
cjal-3217	50	18	the	the	DET
cjal-3217	50	19	state	state	NOUN
cjal-3217	50	20	council	council	PROPN
cjal-3217	50	21	has	have	AUX
cjal-3217	50	22	mapped	map	VERB
cjal-3217	50	23	out	out	ADP
cjal-3217	50	24	several	several	ADJ
cjal-3217	50	25	new	new	ADJ
cjal-3217	50	26	policies	policy	NOUN
cjal-3217	50	27	to	to	PART
cjal-3217	50	28	encourage	encourage	VERB
cjal-3217	50	29	investment	investment	NOUN
cjal-3217	50	30	in	in	ADP
cjal-3217	50	31	software	software	NOUN
cjal-3217	50	32	and	and	CCONJ
cjal-3217	50	33	integrated	integrate	VERB
cjal-3217	50	34	circuit	circuit	NOUN
cjal-3217	50	35	development	development	NOUN
cjal-3217	50	36	using	use	VERB
cjal-3217	50	37	tax	tax	NOUN
cjal-3217	50	38	incentives	incentive	NOUN
cjal-3217	50	39	.	.	PUNCT
cjal-3217	51	1	see	see	VERB
cjal-3217	51	2	china	china	PROPN
cjal-3217	51	3	adopts	adopt	VERB
cjal-3217	51	4	new	new	ADJ
cjal-3217	51	5	policies	policy	NOUN
cjal-3217	51	6	to	to	PART
cjal-3217	51	7	boost	boost	VERB
cjal-3217	51	8	it	it	PRON
cjal-3217	51	9	industry	industry	NOUN
cjal-3217	51	10	,	,	PUNCT
cjal-3217	51	11	people	people	NOUN
cjal-3217	51	12	's	's	PART
cjal-3217	51	13	daily	daily	ADJ
cjal-3217	51	14	,	,	PUNCT
cjal-3217	51	15	july	july	PROPN
cjal-3217	51	16	12	12	NUM
cjal-3217	51	17	,	,	PUNCT
cjal-3217	51	18	2000	2000	NUM
cjal-3217	51	19	.	.	PUNCT
cjal-3217	52	1	zhongguancun	zhongguancun	PROPN
cjal-3217	52	2	science	science	PROPN
cjal-3217	52	3	park	park	PROPN
cjal-3217	52	4	,	,	PUNCT
cjal-3217	52	5	beijing	beijing	PROPN
cjal-3217	52	6	's	's	PART
cjal-3217	52	7	equivalent	equivalent	NOUN
cjal-3217	52	8	to	to	ADP
cjal-3217	52	9	silicon	silicon	PROPN
cjal-3217	52	10	valley	valley	PROPN
cjal-3217	52	11	,	,	PUNCT
cjal-3217	52	12	already	already	ADV
cjal-3217	52	13	houses	house	VERB
cjal-3217	52	14	4,830	4,830	NUM
cjal-3217	52	15	hi	hi	ADJ
cjal-3217	52	16	-	-	PUNCT
cjal-3217	52	17	tech	tech	NOUN
cjal-3217	52	18	companies	company	NOUN
cjal-3217	52	19	,	,	PUNCT
cjal-3217	52	20	of	of	ADP
cjal-3217	52	21	which	which	PRON
cjal-3217	52	22	916	916	NUM
cjal-3217	52	23	opened	open	VERB
cjal-3217	52	24	last	last	ADJ
cjal-3217	52	25	year	year	NOUN
cjal-3217	52	26	,	,	PUNCT
cjal-3217	52	27	230	230	NUM
cjal-3217	52	28	research	research	NOUN
cjal-3217	52	29	and	and	CCONJ
cjal-3217	52	30	development	development	NOUN
cjal-3217	52	31	centers	center	NOUN
cjal-3217	52	32	,	,	PUNCT
cjal-3217	52	33	and	and	CCONJ
cjal-3217	52	34	china	china	PROPN
cjal-3217	52	35	's	's	PART
cjal-3217	52	36	top	top	ADJ
cjal-3217	52	37	three	three	NUM
cjal-3217	52	38	computer	computer	NOUN
cjal-3217	52	39	makers	maker	NOUN
cjal-3217	52	40	.	.	PUNCT
cjal-3217	53	1	production	production	NOUN
cjal-3217	53	2	topped	top	VERB
cjal-3217	53	3	over	over	ADP
cjal-3217	53	4	us$2	us$2	PROPN
cjal-3217	53	5	billion	billion	NUM
cjal-3217	53	6	in	in	ADP
cjal-3217	53	7	1999	1999	NUM
cjal-3217	53	8	.	.	PUNCT
cjal-3217	54	1	see	see	VERB
cjal-3217	54	2	mark	mark	PROPN
cjal-3217	54	3	o'neill	o'neill	PROPN
cjal-3217	54	4	,	,	PUNCT
cjal-3217	54	5	silicon	silicon	PROPN
cjal-3217	54	6	valley	valley	PROPN
cjal-3217	54	7	dream	dream	NOUN
cjal-3217	54	8	remote	remote	ADJ
cjal-3217	54	9	from	from	ADP
cjal-3217	54	10	reality	reality	NOUN
cjal-3217	54	11	,	,	PUNCT
cjal-3217	54	12	s.	s.	PROPN
cjal-3217	54	13	china	china	PROPN
cjal-3217	54	14	morning	morning	PROPN
cjal-3217	54	15	post	post	PROPN
cjal-3217	54	16	,	,	PUNCT
cjal-3217	54	17	feb	feb	PROPN
cjal-3217	54	18	.	.	PROPN
cjal-3217	54	19	21	21	NUM
cjal-3217	54	20	,	,	PUNCT
cjal-3217	54	21	2000	2000	NUM
cjal-3217	54	22	,	,	PUNCT
cjal-3217	54	23	at	at	ADP
cjal-3217	54	24	3	3	NUM
cjal-3217	54	25	.	.	NOUN
cjal-3217	54	26	12	12	NUM
cjal-3217	54	27	see	see	VERB
cjal-3217	54	28	william	william	PROPN
cjal-3217	54	29	b.	b.	PROPN
cjal-3217	54	30	sorabella	sorabella	PROPN
cjal-3217	54	31	,	,	PUNCT
cjal-3217	54	32	less	less	ADV
cjal-3217	54	33	developed	develop	VERB
cjal-3217	54	34	country	country	NOUN
cjal-3217	54	35	as	as	ADP
cjal-3217	54	36	start	start	NOUN
cjal-3217	54	37	-	-	PUNCT
cjal-3217	54	38	up	up	ADP
cjal-3217	54	39	corporation	corporation	NOUN
cjal-3217	54	40	:	:	PUNCT
cjal-3217	54	41	adopting	adopt	VERB
cjal-3217	54	42	the	the	DET
cjal-3217	54	43	venture	venture	NOUN
cjal-3217	54	44	capital	capital	NOUN
cjal-3217	54	45	model	model	NOUN
cjal-3217	54	46	for	for	ADP
cjal-3217	54	47	development	development	NOUN
cjal-3217	54	48	in	in	ADP
cjal-3217	54	49	light	light	NOUN
cjal-3217	54	50	of	of	ADP
cjal-3217	54	51	global	global	ADJ
cjal-3217	54	52	capital	capital	NOUN
cjal-3217	54	53	market	market	NOUN
cjal-3217	54	54	realities	reality	NOUN
cjal-3217	54	55	,	,	PUNCT
cjal-3217	54	56	31	31	NUM
cjal-3217	54	57	law	law	NOUN
cjal-3217	54	58	&	&	CCONJ
cjal-3217	54	59	pol'y	pol'y	NOUN
cjal-3217	54	60	int'l	int'l	NOUN
cjal-3217	54	61	bus	bus	NOUN
cjal-3217	54	62	.	.	PUNCT
cjal-3217	55	1	517	517	NUM
cjal-3217	55	2	(	(	PUNCT
cjal-3217	55	3	jan	jan	PROPN
cjal-3217	55	4	.	.	PROPN
cjal-3217	55	5	1	1	NUM
cjal-3217	55	6	,	,	PUNCT
cjal-3217	55	7	2000	2000	NUM
cjal-3217	55	8	)	)	PUNCT
cjal-3217	55	9	.	.	PUNCT
cjal-3217	56	1	13	13	NUM
cjal-3217	56	2	see	see	VERB
cjal-3217	56	3	capitalizing	capitalize	VERB
cjal-3217	56	4	on	on	ADP
cjal-3217	56	5	chinese	chinese	ADJ
cjal-3217	56	6	financial	financial	ADJ
cjal-3217	56	7	market	market	NOUN
cjal-3217	56	8	reforms	reform	NOUN
cjal-3217	56	9	,	,	PUNCT
cjal-3217	56	10	the	the	DET
cjal-3217	56	11	bca	bca	PROPN
cjal-3217	56	12	china	china	PROPN
cjal-3217	56	13	analyst	analyst	PROPN
cjal-3217	56	14	,	,	PUNCT
cjal-3217	56	15	june	june	PROPN
cjal-3217	56	16	2000	2000	NUM
cjal-3217	56	17	,	,	PUNCT
cjal-3217	56	18	at	at	ADP
cjal-3217	56	19	27	27	NUM
cjal-3217	56	20	(	(	PUNCT
cjal-3217	56	21	"	"	PUNCT
cjal-3217	56	22	first	first	ADJ
cjal-3217	56	23	,	,	PUNCT
cjal-3217	56	24	alternative	alternative	ADJ
cjal-3217	56	25	methods	method	NOUN
cjal-3217	56	26	of	of	ADP
cjal-3217	56	27	financing	financing	NOUN
cjal-3217	56	28	are	be	AUX
cjal-3217	56	29	badly	badly	ADV
cjal-3217	56	30	needed	need	VERB
cjal-3217	56	31	because	because	SCONJ
cjal-3217	56	32	the	the	DET
cjal-3217	56	33	contraction	contraction	NOUN
cjal-3217	56	34	of	of	ADP
cjal-3217	56	35	the	the	DET
cjal-3217	56	36	traditional	traditional	ADJ
cjal-3217	56	37	banking	banking	NOUN
cjal-3217	56	38	industry	industry	NOUN
cjal-3217	56	39	seems	seem	VERB
cjal-3217	56	40	inevitable	inevitable	ADJ
cjal-3217	56	41	.	.	PUNCT
cjal-3217	57	1	like	like	ADP
cjal-3217	57	2	many	many	ADJ
cjal-3217	57	3	of	of	ADP
cjal-3217	57	4	its	its	PRON
cjal-3217	57	5	asian	asian	ADJ
cjal-3217	57	6	counterparts	counterpart	NOUN
cjal-3217	57	7	,	,	PUNCT
cjal-3217	57	8	china	china	PROPN
cjal-3217	57	9	's	's	PART
cjal-3217	57	10	banking	banking	NOUN
cjal-3217	57	11	system	system	NOUN
cjal-3217	57	12	is	be	AUX
cjal-3217	57	13	no	no	ADV
cjal-3217	57	14	longer	long	ADV
cjal-3217	57	15	a	a	DET
cjal-3217	57	16	properly	properly	ADV
cjal-3217	57	17	functioning	function	VERB
cjal-3217	57	18	financial	financial	ADJ
cjal-3217	57	19	intermediary	intermediary	NOUN
cjal-3217	57	20	.	.	PUNCT
cjal-3217	57	21	"	"	PUNCT
cjal-3217	57	22	)	)	PUNCT
cjal-3217	57	23	;	;	PUNCT
cjal-3217	57	24	see	see	VERB
cjal-3217	57	25	also	also	ADV
cjal-3217	57	26	credit	credit	NOUN
cjal-3217	57	27	quality	quality	NOUN
cjal-3217	57	28	of	of	ADP
cjal-3217	57	29	china	china	PROPN
cjal-3217	57	30	's	's	PART
cjal-3217	57	31	banks	bank	NOUN
cjal-3217	57	32	falling	fall	VERB
cjal-3217	57	33	,	,	PUNCT
cjal-3217	57	34	at	at	ADP
cjal-3217	57	35	http://www.fmdarticles.com/cf	http://www.fmdarticles.com/cf	PROPN
cjal-3217	57	36	0	0	NUM
cjal-3217	57	37	/	/	SYM
cjal-3217	57	38	mowdp/1998	mowdp/1998	PROPN
cjal-3217	58	1	july	july	PROPN
cjal-3217	58	2	6/50189036	6/50189036	PROPN
cjal-3217	58	3	/	/	SYM
cjal-3217	58	4	pl/	pl/	NOUN
cjal-3217	58	5	article.ihtml?term=credit+qualitv+of+china%27s+banks	article.ihtml?term=credit+qualitv+of+china%27s+banks	PROPN
cjal-3217	58	6	(	(	PUNCT
cjal-3217	58	7	july	july	PROPN
cjal-3217	58	8	6	6	NUM
cjal-3217	58	9	,	,	PUNCT
cjal-3217	58	10	1998	1998	NUM
cjal-3217	58	11	)	)	PUNCT
cjal-3217	58	12	;	;	PUNCT
cjal-3217	58	13	exporters	exporter	NOUN
cjal-3217	58	14	faced	face	VERB
cjal-3217	58	15	heightened	heightened	ADJ
cjal-3217	58	16	credit	credit	NOUN
cjal-3217	58	17	risks	risk	NOUN
cjal-3217	58	18	in	in	ADP
cjal-3217	58	19	chinaat	chinaat	PROPN
cjal-3217	58	20	http://www.fmanceasia.com/articles/07032783-77c1-11d48c1	http://www.fmanceasia.com/articles/07032783-77c1-11d48c1	PROPN
cjal-3217	58	21	10008c72b383c.cfm	10008c72b383c.cfm	PROPN
cjal-3217	58	22	(	(	PUNCT
cjal-3217	58	23	aug	aug	PROPN
cjal-3217	58	24	.	.	PROPN
cjal-3217	58	25	22	22	NUM
cjal-3217	58	26	,	,	PUNCT
cjal-3217	58	27	2000	2000	NUM
cjal-3217	58	28	)	)	PUNCT
cjal-3217	58	29	.	.	PUNCT
cjal-3217	59	1	many	many	ADJ
cjal-3217	59	2	of	of	ADP
cjal-3217	59	3	china	china	PROPN
cjal-3217	59	4	's	's	PART
cjal-3217	59	5	banks	bank	NOUN
cjal-3217	59	6	confront	confront	VERB
cjal-3217	59	7	insolvency	insolvency	NOUN
cjal-3217	59	8	because	because	SCONJ
cjal-3217	59	9	of	of	ADP
cjal-3217	59	10	poor	poor	ADJ
cjal-3217	59	11	soe	soe	ADJ
cjal-3217	59	12	loan	loan	NOUN
cjal-3217	59	13	performance	performance	NOUN
cjal-3217	59	14	,	,	PUNCT
cjal-3217	59	15	tight	tight	ADJ
cjal-3217	59	16	foreign	foreign	ADJ
cjal-3217	59	17	exchange	exchange	NOUN
cjal-3217	59	18	regulations	regulation	NOUN
cjal-3217	59	19	,	,	PUNCT
cjal-3217	59	20	and	and	CCONJ
cjal-3217	59	21	deficiencies	deficiency	NOUN
cjal-3217	59	22	in	in	ADP
cjal-3217	59	23	the	the	DET
cjal-3217	59	24	central	central	ADJ
cjal-3217	59	25	bank	bank	NOUN
cjal-3217	59	26	's	's	PART
cjal-3217	59	27	institutional	institutional	ADJ
cjal-3217	59	28	regulations	regulation	NOUN
cjal-3217	59	29	.	.	PUNCT
cjal-3217	60	1	an	an	DET
cjal-3217	60	2	unwillingness	unwillingness	NOUN
cjal-3217	60	3	to	to	PART
cjal-3217	60	4	lend	lend	VERB
cjal-3217	60	5	is	be	AUX
cjal-3217	60	6	reflected	reflect	VERB
cjal-3217	60	7	in	in	ADP
cjal-3217	60	8	a	a	DET
cjal-3217	60	9	precipitous	precipitous	ADJ
cjal-3217	60	10	drop	drop	NOUN
cjal-3217	60	11	in	in	ADP
cjal-3217	60	12	loan	loan	NOUN
cjal-3217	60	13	growth	growth	NOUN
cjal-3217	60	14	since	since	SCONJ
cjal-3217	60	15	1997	1997	NUM
cjal-3217	60	16	.	.	PUNCT
cjal-3217	61	1	20021	20021	NUM
cjal-3217	61	2	columbia	columbia	PROPN
cjal-3217	61	3	journal	journal	PROPN
cjal-3217	61	4	ofasianlaw	ofasianlaw	PROPN
cjal-3217	61	5	owned	own	VERB
cjal-3217	61	6	enterprise	enterprise	NOUN
cjal-3217	61	7	reform	reform	NOUN
cjal-3217	61	8	.	.	PUNCT
cjal-3217	62	1	4	4	NUM
cjal-3217	62	2	the	the	DET
cjal-3217	62	3	venture	venture	NOUN
cjal-3217	62	4	capital	capital	NOUN
cjal-3217	62	5	formula	formula	NOUN
cjal-3217	62	6	suits	suit	NOUN
cjal-3217	62	7	not	not	PART
cjal-3217	62	8	only	only	ADV
cjal-3217	62	9	the	the	DET
cjal-3217	62	10	high	high	ADJ
cjal-3217	62	11	-	-	PUNCT
cjal-3217	62	12	risks	risk	NOUN
cjal-3217	62	13	of	of	ADP
cjal-3217	62	14	investing	invest	VERB
cjal-3217	62	15	in	in	ADP
cjal-3217	62	16	former	former	ADJ
cjal-3217	62	17	state	state	NOUN
cjal-3217	62	18	-	-	PUNCT
cjal-3217	62	19	owned	own	VERB
cjal-3217	62	20	entities	entity	NOUN
cjal-3217	62	21	and	and	CCONJ
cjal-3217	62	22	other	other	ADJ
cjal-3217	62	23	entities	entity	NOUN
cjal-3217	62	24	deficient	deficient	ADJ
cjal-3217	62	25	in	in	ADP
cjal-3217	62	26	market	market	NOUN
cjal-3217	62	27	operating	operating	NOUN
cjal-3217	62	28	experiences	experience	NOUN
cjal-3217	62	29	,	,	PUNCT
cjal-3217	62	30	'	'	PUNCT
cjal-3217	62	31	5	5	NUM
cjal-3217	62	32	but	but	CCONJ
cjal-3217	62	33	also	also	ADV
cjal-3217	62	34	the	the	DET
cjal-3217	62	35	government	government	NOUN
cjal-3217	62	36	's	's	PART
cjal-3217	62	37	recent	recent	ADJ
cjal-3217	62	38	push	push	NOUN
cjal-3217	62	39	to	to	PART
cjal-3217	62	40	develop	develop	VERB
cjal-3217	62	41	western	western	ADJ
cjal-3217	62	42	china	china	PROPN
cjal-3217	62	43	.	.	PROPN
cjal-3217	63	1	6	6	NUM
cjal-3217	63	2	as	as	ADV
cjal-3217	63	3	well	well	ADV
cjal-3217	63	4	matched	match	VERB
cjal-3217	63	5	as	as	SCONJ
cjal-3217	63	6	china	china	PROPN
cjal-3217	63	7	and	and	CCONJ
cjal-3217	63	8	venture	venture	NOUN
cjal-3217	63	9	capitalists	capitalist	NOUN
cjal-3217	63	10	might	might	AUX
cjal-3217	63	11	seem	seem	VERB
cjal-3217	63	12	,	,	PUNCT
cjal-3217	63	13	however	however	ADV
cjal-3217	63	14	,	,	PUNCT
cjal-3217	63	15	significant	significant	ADJ
cjal-3217	63	16	obstacles	obstacle	NOUN
cjal-3217	63	17	stand	stand	VERB
cjal-3217	63	18	in	in	ADP
cjal-3217	63	19	the	the	DET
cjal-3217	63	20	way	way	NOUN
cjal-3217	63	21	of	of	ADP
cjal-3217	63	22	further	further	ADJ
cjal-3217	63	23	developments	development	NOUN
cjal-3217	63	24	.	.	PUNCT
cjal-3217	64	1	irrespective	irrespective	ADV
cjal-3217	64	2	of	of	ADP
cjal-3217	64	3	china	china	PROPN
cjal-3217	64	4	's	's	PART
cjal-3217	64	5	recent	recent	ADJ
cjal-3217	64	6	internet	internet	NOUN
cjal-3217	64	7	turmoil	turmoil	NOUN
cjal-3217	64	8	,	,	PUNCT
cjal-3217	64	9	7	7	NUM
cjal-3217	64	10	china	china	PROPN
cjal-3217	64	11	's	's	PART
cjal-3217	64	12	most	most	ADV
cjal-3217	64	13	pressing	pressing	ADJ
cjal-3217	64	14	private	private	ADJ
cjal-3217	64	15	equity	equity	NOUN
cjal-3217	64	16	dilemma	dilemma	NOUN
cjal-3217	64	17	is	be	AUX
cjal-3217	64	18	the	the	DET
cjal-3217	64	19	absence	absence	NOUN
cjal-3217	64	20	of	of	ADP
cjal-3217	64	21	a	a	DET
cjal-3217	64	22	regulatory	regulatory	ADJ
cjal-3217	64	23	framework	framework	NOUN
cjal-3217	64	24	to	to	PART
cjal-3217	64	25	support	support	VERB
cjal-3217	64	26	a	a	DET
cjal-3217	64	27	dynamic	dynamic	ADJ
cjal-3217	64	28	financing	financing	NOUN
cjal-3217	64	29	regime	regime	NOUN
cjal-3217	64	30	like	like	ADP
cjal-3217	64	31	venture	venture	NOUN
cjal-3217	64	32	capitalism	capitalism	NOUN
cjal-3217	64	33	.	.	PUNCT
cjal-3217	65	1	'8	'8	PROPN
cjal-3217	65	2	section	section	PROPN
cjal-3217	65	3	ii	ii	PROPN
cjal-3217	65	4	of	of	ADP
cjal-3217	65	5	this	this	DET
cjal-3217	65	6	paper	paper	NOUN
cjal-3217	65	7	details	detail	NOUN
cjal-3217	65	8	the	the	DET
cjal-3217	65	9	modern	modern	ADJ
cjal-3217	65	10	history	history	NOUN
cjal-3217	65	11	of	of	ADP
cjal-3217	65	12	china	china	PROPN
cjal-3217	65	13	's	's	PART
cjal-3217	65	14	financial	financial	ADJ
cjal-3217	65	15	structure	structure	NOUN
cjal-3217	65	16	and	and	CCONJ
cjal-3217	65	17	its	its	PRON
cjal-3217	65	18	ever	ever	ADV
cjal-3217	65	19	-	-	PUNCT
cjal-3217	65	20	developing	develop	VERB
cjal-3217	65	21	maturity	maturity	NOUN
cjal-3217	65	22	towards	towards	ADP
cjal-3217	65	23	sufficient	sufficient	ADJ
cjal-3217	65	24	need	need	NOUN
cjal-3217	65	25	for	for	ADP
cjal-3217	65	26	and	and	CCONJ
cjal-3217	65	27	proper	proper	ADJ
cjal-3217	65	28	inclusion	inclusion	NOUN
cjal-3217	65	29	of	of	ADP
cjal-3217	65	30	a	a	DET
cjal-3217	65	31	venture	venture	NOUN
cjal-3217	65	32	capital	capital	NOUN
cjal-3217	65	33	market	market	NOUN
cjal-3217	65	34	.	.	PUNCT
cjal-3217	66	1	section	section	NOUN
cjal-3217	66	2	iii	iii	PROPN
cjal-3217	66	3	describes	describe	VERB
cjal-3217	66	4	china	china	PROPN
cjal-3217	66	5	's	's	PART
cjal-3217	66	6	present	present	ADJ
cjal-3217	66	7	day	day	NOUN
cjal-3217	66	8	venture	venture	NOUN
cjal-3217	66	9	capitalists	capitalist	NOUN
cjal-3217	66	10	,	,	PUNCT
cjal-3217	66	11	the	the	DET
cjal-3217	66	12	difficulties	difficulty	NOUN
cjal-3217	66	13	they	they	PRON
cjal-3217	66	14	14	14	NUM
cjal-3217	66	15	see	see	VERB
cjal-3217	66	16	sangwon	sangwon	VERB
cjal-3217	66	17	suh	suh	PROPN
cjal-3217	66	18	and	and	CCONJ
cjal-3217	66	19	richard	richard	PROPN
cjal-3217	66	20	saludo	saludo	PROPN
cjal-3217	66	21	,	,	PUNCT
cjal-3217	66	22	worried	worried	ADJ
cjal-3217	66	23	giants	giant	NOUN
cjal-3217	66	24	,	,	PUNCT
cjal-3217	66	25	asiaweek	asiaweek	NOUN
cjal-3217	66	26	,	,	PUNCT
cjal-3217	66	27	nov	nov	PROPN
cjal-3217	66	28	.	.	PROPN
cjal-3217	66	29	21	21	NUM
cjal-3217	66	30	,	,	PUNCT
cjal-3217	66	31	1997	1997	NUM
cjal-3217	66	32	.	.	PUNCT
cjal-3217	67	1	'	'	PUNCT
cjal-3217	67	2	5	5	NUM
cjal-3217	67	3	see	see	VERB
cjal-3217	67	4	curtis	curtis	PROPN
cjal-3217	67	5	milhaupt	milhaupt	PROPN
cjal-3217	67	6	,	,	PUNCT
cjal-3217	67	7	the	the	DET
cjal-3217	67	8	small	small	ADJ
cjal-3217	67	9	firm	firm	ADJ
cjal-3217	67	10	financing	financing	NOUN
cjal-3217	67	11	problem	problem	NOUN
cjal-3217	67	12	:	:	PUNCT
cjal-3217	67	13	private	private	ADJ
cjal-3217	67	14	information	information	NOUN
cjal-3217	67	15	and	and	CCONJ
cjal-3217	67	16	public	public	ADJ
cjal-3217	67	17	policy	policy	NOUN
cjal-3217	67	18	,	,	PUNCT
cjal-3217	67	19	2	2	NUM
cjal-3217	67	20	j.	j.	PROPN
cjal-3217	67	21	small	small	PROPN
cjal-3217	67	22	&	&	CCONJ
cjal-3217	67	23	emerging	emerge	VERB
cjal-3217	67	24	bus	bus	NOUN
cjal-3217	67	25	.	.	PUNCT
cjal-3217	68	1	l.	l.	PROPN
cjal-3217	68	2	177	177	NUM
cjal-3217	68	3	,	,	PUNCT
cjal-3217	68	4	180	180	NUM
cjal-3217	68	5	(	(	PUNCT
cjal-3217	68	6	1998	1998	NUM
cjal-3217	68	7	)	)	PUNCT
cjal-3217	69	1	(	(	PUNCT
cjal-3217	69	2	noting	note	VERB
cjal-3217	69	3	that	that	SCONJ
cjal-3217	69	4	information	information	NOUN
cjal-3217	69	5	asymmetries	asymmetry	NOUN
cjal-3217	69	6	between	between	ADP
cjal-3217	69	7	the	the	DET
cjal-3217	69	8	entrepreneur	entrepreneur	NOUN
cjal-3217	69	9	and	and	CCONJ
cjal-3217	69	10	investor	investor	NOUN
cjal-3217	69	11	,	,	PUNCT
cjal-3217	69	12	creating	create	VERB
cjal-3217	69	13	the	the	DET
cjal-3217	69	14	high	high	ADJ
cjal-3217	69	15	-	-	PUNCT
cjal-3217	69	16	risk	risk	NOUN
cjal-3217	69	17	,	,	PUNCT
cjal-3217	69	18	high	high	ADJ
cjal-3217	69	19	-	-	PUNCT
cjal-3217	69	20	return	return	NOUN
cjal-3217	69	21	formula	formula	NOUN
cjal-3217	69	22	,	,	PUNCT
cjal-3217	69	23	arise	arise	VERB
cjal-3217	69	24	from	from	ADP
cjal-3217	69	25	the	the	DET
cjal-3217	69	26	entrepreneur	entrepreneur	NOUN
cjal-3217	69	27	's	's	PART
cjal-3217	69	28	absent	absent	ADJ
cjal-3217	69	29	track	track	NOUN
cjal-3217	69	30	-	-	PUNCT
cjal-3217	69	31	record	record	NOUN
cjal-3217	69	32	,	,	PUNCT
cjal-3217	69	33	but	but	CCONJ
cjal-3217	69	34	are	be	AUX
cjal-3217	69	35	overcome	overcome	VERB
cjal-3217	69	36	by	by	ADP
cjal-3217	69	37	the	the	DET
cjal-3217	69	38	venture	venture	NOUN
cjal-3217	69	39	capitalist	capitalist	NOUN
cjal-3217	69	40	's	's	PART
cjal-3217	69	41	tight	tight	ADJ
cjal-3217	69	42	monitoring	monitoring	NOUN
cjal-3217	69	43	through	through	ADP
cjal-3217	69	44	contractually	contractually	ADV
cjal-3217	69	45	imposed	impose	VERB
cjal-3217	69	46	obligations	obligation	NOUN
cjal-3217	69	47	placed	place	VERB
cjal-3217	69	48	on	on	ADP
cjal-3217	69	49	the	the	DET
cjal-3217	69	50	entrepreneur	entrepreneur	NOUN
cjal-3217	69	51	)	)	PUNCT
cjal-3217	69	52	.	.	PUNCT
cjal-3217	70	1	16	16	NUM
cjal-3217	70	2	see	see	VERB
cjal-3217	70	3	bridging	bridge	VERB
cjal-3217	70	4	the	the	DET
cjal-3217	70	5	gap	gap	NOUN
cjal-3217	70	6	,	,	PUNCT
cjal-3217	70	7	china	china	PROPN
cjal-3217	70	8	econ	econ	PROPN
cjal-3217	70	9	.	.	PUNCT
cjal-3217	71	1	rev	rev	PROPN
cjal-3217	71	2	.	.	PROPN
cjal-3217	71	3	,	,	PUNCT
cjal-3217	71	4	oct	oct	PROPN
cjal-3217	71	5	.	.	PROPN
cjal-3217	71	6	2000	2000	NUM
cjal-3217	71	7	,	,	PUNCT
cjal-3217	71	8	at	at	ADP
cjal-3217	71	9	17	17	NUM
cjal-3217	71	10	;	;	PUNCT
cjal-3217	71	11	see	see	VERB
cjal-3217	71	12	also	also	ADV
cjal-3217	71	13	western	western	ADJ
cjal-3217	71	14	adventure	adventure	NOUN
cjal-3217	71	15	,	,	PUNCT
cjal-3217	71	16	china	china	PROPN
cjal-3217	71	17	econ	econ	PROPN
cjal-3217	71	18	.	.	PUNCT
cjal-3217	72	1	rev	rev	PROPN
cjal-3217	72	2	.	.	PROPN
cjal-3217	72	3	,	,	PUNCT
cjal-3217	72	4	aug	aug	PROPN
cjal-3217	72	5	.	.	PROPN
cjal-3217	72	6	2000	2000	NUM
cjal-3217	72	7	,	,	PUNCT
cjal-3217	72	8	at	at	ADP
cjal-3217	72	9	1	1	NUM
cjal-3217	72	10	.	.	PUNCT
cjal-3217	73	1	the	the	DET
cjal-3217	73	2	"	"	PUNCT
cjal-3217	73	3	go	go	VERB
cjal-3217	73	4	west	west	NOUN
cjal-3217	73	5	"	"	PUNCT
cjal-3217	73	6	campaign	campaign	NOUN
cjal-3217	73	7	,	,	PUNCT
cjal-3217	73	8	kicked	kick	VERB
cjal-3217	73	9	off	off	ADP
cjal-3217	73	10	by	by	ADP
cjal-3217	73	11	zhu	zhu	PROPN
cjal-3217	73	12	rongji	rongji	PROPN
cjal-3217	73	13	in	in	ADP
cjal-3217	73	14	early	early	ADJ
cjal-3217	73	15	1999	1999	NUM
cjal-3217	73	16	,	,	PUNCT
cjal-3217	73	17	offers	offer	VERB
cjal-3217	73	18	foreign	foreign	ADJ
cjal-3217	73	19	investors	investor	NOUN
cjal-3217	73	20	tax	tax	NOUN
cjal-3217	73	21	holidays	holiday	NOUN
cjal-3217	73	22	,	,	PUNCT
cjal-3217	73	23	investment	investment	NOUN
cjal-3217	73	24	opportunities	opportunity	NOUN
cjal-3217	73	25	in	in	ADP
cjal-3217	73	26	previously	previously	ADV
cjal-3217	73	27	forbidden	forbid	VERB
cjal-3217	73	28	sectors	sector	NOUN
cjal-3217	73	29	like	like	ADP
cjal-3217	73	30	energy	energy	NOUN
cjal-3217	73	31	and	and	CCONJ
cjal-3217	73	32	telecoms	telecom	NOUN
cjal-3217	73	33	,	,	PUNCT
cjal-3217	73	34	and	and	CCONJ
cjal-3217	73	35	relaxes	relax	VERB
cjal-3217	73	36	price	price	NOUN
cjal-3217	73	37	controls	control	NOUN
cjal-3217	73	38	in	in	ADP
cjal-3217	73	39	transportation	transportation	NOUN
cjal-3217	73	40	,	,	PUNCT
cjal-3217	73	41	education	education	NOUN
cjal-3217	73	42	,	,	PUNCT
cjal-3217	73	43	and	and	CCONJ
cjal-3217	73	44	environmental	environmental	ADJ
cjal-3217	73	45	trotection	trotection	NOUN
cjal-3217	73	46	.	.	PUNCT
cjal-3217	74	1	see	see	VERB
cjal-3217	74	2	david	david	PROPN
cjal-3217	74	3	porter	porter	PROPN
cjal-3217	74	4	,	,	PUNCT
cjal-3217	74	5	china	china	PROPN
cjal-3217	74	6	must	must	AUX
cjal-3217	74	7	keep	keep	VERB
cjal-3217	74	8	the	the	DET
cjal-3217	74	9	door	door	NOUN
cjal-3217	74	10	open	open	ADJ
cjal-3217	74	11	to	to	ADP
cjal-3217	74	12	foreign	foreign	ADJ
cjal-3217	74	13	hi	hi	ADJ
cjal-3217	74	14	-	-	PUNCT
cjal-3217	74	15	tech	tech	NOUN
cjal-3217	74	16	investment	investment	NOUN
cjal-3217	74	17	,	,	PUNCT
cjal-3217	74	18	asian	asian	ADJ
cjal-3217	74	19	venture	venture	NOUN
cjal-3217	74	20	capital	capital	NOUN
cjal-3217	74	21	journal	journal	PROPN
cjal-3217	74	22	,	,	PUNCT
cjal-3217	74	23	oct	oct	PROPN
cjal-3217	74	24	.	.	PROPN
cjal-3217	74	25	1999	1999	NUM
cjal-3217	74	26	,	,	PUNCT
cjal-3217	74	27	at	at	ADP
cjal-3217	74	28	4	4	NUM
cjal-3217	74	29	.	.	PUNCT
cjal-3217	75	1	china	china	PROPN
cjal-3217	75	2	's	's	PART
cjal-3217	75	3	information	information	NOUN
cjal-3217	75	4	industry	industry	NOUN
cjal-3217	75	5	minister	minister	NOUN
cjal-3217	75	6	,	,	PUNCT
cjal-3217	75	7	wu	wu	PROPN
cjal-3217	75	8	jichuan	jichuan	PROPN
cjal-3217	75	9	,	,	PUNCT
cjal-3217	75	10	kicked	kick	VERB
cjal-3217	75	11	off	off	ADP
cjal-3217	75	12	concerns	concern	NOUN
cjal-3217	75	13	regarding	regard	VERB
cjal-3217	75	14	foreign	foreign	ADJ
cjal-3217	75	15	investment	investment	NOUN
cjal-3217	75	16	in	in	ADP
cjal-3217	75	17	china	china	PROPN
cjal-3217	75	18	's	's	PART
cjal-3217	75	19	internet	internet	NOUN
cjal-3217	75	20	service	service	NOUN
cjal-3217	75	21	providers	provider	NOUN
cjal-3217	75	22	,	,	PUNCT
cjal-3217	75	23	content	content	NOUN
cjal-3217	75	24	providers	provider	NOUN
cjal-3217	75	25	,	,	PUNCT
cjal-3217	75	26	and	and	CCONJ
cjal-3217	75	27	other	other	ADJ
cjal-3217	75	28	value	value	NOUN
cjal-3217	75	29	-	-	PUNCT
cjal-3217	75	30	added	add	VERB
cjal-3217	75	31	services	service	NOUN
cjal-3217	75	32	when	when	SCONJ
cjal-3217	75	33	commenting	comment	VERB
cjal-3217	75	34	in	in	ADP
cjal-3217	75	35	september	september	PROPN
cjal-3217	75	36	1999	1999	NUM
cjal-3217	75	37	that	that	SCONJ
cjal-3217	75	38	such	such	ADJ
cjal-3217	75	39	investments	investment	NOUN
cjal-3217	75	40	were	be	AUX
cjal-3217	75	41	illegal	illegal	ADJ
cjal-3217	75	42	because	because	SCONJ
cjal-3217	75	43	they	they	PRON
cjal-3217	75	44	violated	violate	VERB
cjal-3217	75	45	a	a	DET
cjal-3217	75	46	1993	1993	NUM
cjal-3217	75	47	ban	ban	NOUN
cjal-3217	75	48	on	on	ADP
cjal-3217	75	49	foreign	foreign	ADJ
cjal-3217	75	50	involvement	involvement	NOUN
cjal-3217	75	51	in	in	ADP
cjal-3217	75	52	chinese	chinese	ADJ
cjal-3217	75	53	telecommunications	telecommunication	NOUN
cjal-3217	75	54	.	.	PUNCT
cjal-3217	76	1	in	in	ADP
cjal-3217	76	2	early	early	ADJ
cjal-3217	76	3	2000	2000	NUM
cjal-3217	76	4	,	,	PUNCT
cjal-3217	76	5	a	a	DET
cjal-3217	76	6	raft	raft	NOUN
cjal-3217	76	7	of	of	ADP
cjal-3217	76	8	new	new	ADJ
cjal-3217	76	9	regulations	regulation	NOUN
cjal-3217	76	10	from	from	ADP
cjal-3217	76	11	the	the	DET
cjal-3217	76	12	state	state	NOUN
cjal-3217	76	13	council	council	NOUN
cjal-3217	76	14	,	,	PUNCT
cjal-3217	76	15	the	the	DET
cjal-3217	76	16	ministry	ministry	PROPN
cjal-3217	76	17	of	of	ADP
cjal-3217	76	18	information	information	NOUN
cjal-3217	76	19	industry	industry	NOUN
cjal-3217	76	20	,	,	PUNCT
cjal-3217	76	21	and	and	CCONJ
cjal-3217	76	22	the	the	DET
cjal-3217	76	23	state	state	NOUN
cjal-3217	76	24	bureau	bureau	PROPN
cjal-3217	76	25	of	of	ADP
cjal-3217	76	26	secrecy	secrecy	NOUN
cjal-3217	76	27	cracked	crack	VERB
cjal-3217	76	28	down	down	ADP
cjal-3217	76	29	on	on	ADP
cjal-3217	76	30	internet	internet	NOUN
cjal-3217	76	31	providers	provider	NOUN
cjal-3217	76	32	,	,	PUNCT
cjal-3217	76	33	requiring	require	VERB
cjal-3217	76	34	registration	registration	NOUN
cjal-3217	76	35	of	of	ADP
cjal-3217	76	36	their	their	PRON
cjal-3217	76	37	encryption	encryption	NOUN
cjal-3217	76	38	software	software	NOUN
cjal-3217	76	39	,	,	PUNCT
cjal-3217	76	40	three	three	NUM
cjal-3217	76	41	ministry	ministry	NOUN
cjal-3217	76	42	approvals	approval	NOUN
cjal-3217	76	43	before	before	ADP
cjal-3217	76	44	issuing	issue	VERB
cjal-3217	76	45	domestic	domestic	ADJ
cjal-3217	76	46	stock	stock	NOUN
cjal-3217	76	47	or	or	CCONJ
cjal-3217	76	48	floating	float	VERB
cjal-3217	76	49	shares	share	NOUN
cjal-3217	76	50	overseas	overseas	ADV
cjal-3217	76	51	,	,	PUNCT
cjal-3217	76	52	and	and	CCONJ
cjal-3217	76	53	proclamations	proclamation	NOUN
cjal-3217	76	54	that	that	SCONJ
cjal-3217	76	55	the	the	DET
cjal-3217	76	56	government	government	NOUN
cjal-3217	76	57	would	would	AUX
cjal-3217	76	58	stop	stop	VERB
cjal-3217	76	59	internet	internet	NOUN
cjal-3217	76	60	leakages	leakage	NOUN
cjal-3217	76	61	of	of	ADP
cjal-3217	76	62	state	state	NOUN
cjal-3217	76	63	secrets	secret	NOUN
cjal-3217	76	64	.	.	PUNCT
cjal-3217	77	1	see	see	VERB
cjal-3217	77	2	mark	mark	PROPN
cjal-3217	77	3	landler	landler	PROPN
cjal-3217	77	4	,	,	PUNCT
cjal-3217	77	5	rolling	roll	VERB
cjal-3217	77	6	with	with	ADP
cjal-3217	77	7	china	china	PROPN
cjal-3217	77	8	's	's	PART
cjal-3217	77	9	web	web	NOUN
cjal-3217	77	10	punches	punch	NOUN
cjal-3217	77	11	,	,	PUNCT
cjal-3217	77	12	n.y.times	n.y.time	NOUN
cjal-3217	77	13	,	,	PUNCT
cjal-3217	77	14	jan	jan	PROPN
cjal-3217	77	15	.	.	PROPN
cjal-3217	77	16	31	31	NUM
cjal-3217	77	17	,	,	PUNCT
cjal-3217	77	18	2000	2000	NUM
cjal-3217	77	19	,	,	PUNCT
cjal-3217	77	20	at	at	ADP
cjal-3217	77	21	10	10	NUM
cjal-3217	77	22	;	;	PUNCT
cjal-3217	77	23	see	see	VERB
cjal-3217	77	24	also	also	ADV
cjal-3217	77	25	james	james	PROPN
cjal-3217	77	26	kynge	kynge	PROPN
cjal-3217	77	27	,	,	PUNCT
cjal-3217	77	28	supra	supra	PROPN
cjal-3217	77	29	note	note	NOUN
cjal-3217	77	30	11	11	NUM
cjal-3217	77	31	.	.	PUNCT
cjal-3217	78	1	meanwhile	meanwhile	ADV
cjal-3217	78	2	,	,	PUNCT
cjal-3217	78	3	as	as	SCONJ
cjal-3217	78	4	government	government	NOUN
cjal-3217	78	5	ministries	ministry	NOUN
cjal-3217	78	6	struggled	struggle	VERB
cjal-3217	78	7	internally	internally	ADV
cjal-3217	78	8	on	on	ADP
cjal-3217	78	9	how	how	SCONJ
cjal-3217	78	10	to	to	PART
cjal-3217	78	11	reign	reign	VERB
cjal-3217	78	12	in	in	ADP
cjal-3217	78	13	the	the	DET
cjal-3217	78	14	internet	internet	NOUN
cjal-3217	78	15	,	,	PUNCT
cjal-3217	78	16	the	the	DET
cjal-3217	78	17	state	state	NOUN
cjal-3217	78	18	council	council	PROPN
cjal-3217	78	19	continued	continue	VERB
cjal-3217	78	20	to	to	PART
cjal-3217	78	21	issue	issue	VERB
cjal-3217	78	22	regulations	regulation	NOUN
cjal-3217	78	23	.	.	PUNCT
cjal-3217	79	1	document	document	NOUN
cjal-3217	79	2	no	no	INTJ
cjal-3217	79	3	.	.	PUNCT
cjal-3217	80	1	292	292	NUM
cjal-3217	80	2	requires	require	VERB
cjal-3217	80	3	internet	internet	NOUN
cjal-3217	80	4	providers	provider	NOUN
cjal-3217	80	5	to	to	PART
cjal-3217	80	6	re	re	VERB
cjal-3217	80	7	-	-	VERB
cjal-3217	80	8	register	register	VERB
cjal-3217	80	9	,	,	PUNCT
cjal-3217	80	10	threatening	threaten	VERB
cjal-3217	80	11	foreign	foreign	ADJ
cjal-3217	80	12	investors	investor	NOUN
cjal-3217	80	13	with	with	ADP
cjal-3217	80	14	high	high	ADJ
cjal-3217	80	15	levels	level	NOUN
cjal-3217	80	16	of	of	ADP
cjal-3217	80	17	investment	investment	NOUN
cjal-3217	80	18	,	,	PUNCT
cjal-3217	80	19	and	and	CCONJ
cjal-3217	80	20	imposes	impose	VERB
cjal-3217	80	21	legal	legal	ADJ
cjal-3217	80	22	responsibility	responsibility	NOUN
cjal-3217	80	23	for	for	ADP
cjal-3217	80	24	all	all	DET
cjal-3217	80	25	politically	politically	ADV
cjal-3217	80	26	sensitive	sensitive	ADJ
cjal-3217	80	27	information	information	NOUN
cjal-3217	80	28	appearing	appear	VERB
cjal-3217	80	29	on	on	ADP
cjal-3217	80	30	web	web	NOUN
cjal-3217	80	31	sites	site	NOUN
cjal-3217	80	32	.	.	PUNCT
cjal-3217	81	1	see	see	VERB
cjal-3217	81	2	generally	generally	ADV
cjal-3217	81	3	terry	terry	PROPN
cjal-3217	81	4	mccarthy	mccarthy	PROPN
cjal-3217	81	5	,	,	PUNCT
cjal-3217	81	6	regulations	regulation	NOUN
cjal-3217	81	7	:	:	PUNCT
cjal-3217	81	8	china	china	PROPN
cjal-3217	81	9	's	's	PART
cjal-3217	81	10	net	net	ADJ
cjal-3217	81	11	commandments	commandment	NOUN
cjal-3217	81	12	,	,	PUNCT
cjal-3217	81	13	time	time	NOUN
cjal-3217	81	14	,	,	PUNCT
cjal-3217	81	15	feb	feb	PROPN
cjal-3217	81	16	.	.	PROPN
cjal-3217	81	17	25	25	NUM
cjal-3217	81	18	,	,	PUNCT
cjal-3217	81	19	2000	2000	NUM
cjal-3217	81	20	,	,	PUNCT
cjal-3217	81	21	at	at	ADP
cjal-3217	81	22	26	26	NUM
cjal-3217	81	23	;	;	PUNCT
cjal-3217	81	24	see	see	VERB
cjal-3217	81	25	also	also	ADV
cjal-3217	81	26	tom	tom	PROPN
cjal-3217	81	27	mitchell	mitchell	PROPN
cjal-3217	81	28	,	,	PUNCT
cjal-3217	81	29	hi	hi	ADJ
cjal-3217	81	30	-	-	PUNCT
cjal-3217	81	31	tech	tech	NOUN
cjal-3217	81	32	development	development	NOUN
cjal-3217	81	33	finds	find	VERB
cjal-3217	81	34	special	special	ADJ
cjal-3217	81	35	home	home	NOUN
cjal-3217	81	36	in	in	ADP
cjal-3217	81	37	the	the	DET
cjal-3217	81	38	zone	zone	NOUN
cjal-3217	81	39	,	,	PUNCT
cjal-3217	81	40	s.	s.	PROPN
cjal-3217	81	41	china	china	PROPN
cjal-3217	81	42	morning	morning	PROPN
cjal-3217	81	43	post	post	PROPN
cjal-3217	81	44	,	,	PUNCT
cjal-3217	81	45	oct	oct	PROPN
cjal-3217	81	46	.	.	PROPN
cjal-3217	81	47	9	9	NUM
cjal-3217	81	48	,	,	PUNCT
cjal-3217	81	49	2000	2000	NUM
cjal-3217	81	50	,	,	PUNCT
cjal-3217	81	51	at	at	ADP
cjal-3217	81	52	3	3	NUM
cjal-3217	81	53	.	.	PUNCT
cjal-3217	82	1	the	the	DET
cjal-3217	82	2	state	state	PROPN
cjal-3217	82	3	council	council	PROPN
cjal-3217	82	4	furnished	furnish	VERB
cjal-3217	82	5	its	its	PRON
cjal-3217	82	6	latest	late	ADJ
cjal-3217	82	7	rules	rule	NOUN
cjal-3217	82	8	in	in	ADP
cjal-3217	82	9	october	october	PROPN
cjal-3217	82	10	and	and	CCONJ
cjal-3217	82	11	november	november	PROPN
cjal-3217	82	12	of	of	ADP
cjal-3217	82	13	2000	2000	NUM
cjal-3217	82	14	,	,	PUNCT
cjal-3217	82	15	requiring	require	VERB
cjal-3217	82	16	that	that	SCONJ
cjal-3217	82	17	portals	portal	NOUN
cjal-3217	82	18	apply	apply	VERB
cjal-3217	82	19	for	for	ADP
cjal-3217	82	20	licensing	licensing	NOUN
cjal-3217	82	21	and	and	CCONJ
cjal-3217	82	22	limit	limit	VERB
cjal-3217	82	23	news	news	NOUN
cjal-3217	82	24	postings	posting	NOUN
cjal-3217	82	25	to	to	ADP
cjal-3217	82	26	domestic	domestic	ADJ
cjal-3217	82	27	news	news	NOUN
cjal-3217	82	28	sources	source	NOUN
cjal-3217	82	29	only	only	ADV
cjal-3217	82	30	.	.	PUNCT
cjal-3217	83	1	see	see	VERB
cjal-3217	83	2	jamila	jamila	PROPN
cjal-3217	83	3	zhou	zhou	PROPN
cjal-3217	83	4	and	and	CCONJ
cjal-3217	83	5	raymond	raymond	PROPN
cjal-3217	83	6	li	li	PROPN
cjal-3217	83	7	,	,	PUNCT
cjal-3217	83	8	internet	internet	NOUN
cjal-3217	83	9	regulations	regulation	NOUN
cjal-3217	83	10	a	a	DET
cjal-3217	83	11	blow	blow	NOUN
cjal-3217	83	12	to	to	ADP
cjal-3217	83	13	commercial	commercial	ADJ
cjal-3217	83	14	portals	portal	NOUN
cjal-3217	83	15	,	,	PUNCT
cjal-3217	83	16	s.	s.	PROPN
cjal-3217	83	17	china	china	PROPN
cjal-3217	83	18	morning	morning	PROPN
cjal-3217	83	19	post	post	PROPN
cjal-3217	83	20	,	,	PUNCT
cjal-3217	83	21	nov	nov	PROPN
cjal-3217	83	22	.	.	PROPN
cjal-3217	83	23	8	8	NUM
cjal-3217	83	24	,	,	PUNCT
cjal-3217	83	25	2000	2000	NUM
cjal-3217	83	26	,	,	PUNCT
cjal-3217	83	27	at	at	ADP
cjal-3217	83	28	8	8	NUM
cjal-3217	83	29	;	;	PUNCT
cjal-3217	83	30	see	see	VERB
cjal-3217	83	31	also	also	ADV
cjal-3217	83	32	craig	craig	PROPN
cjal-3217	83	33	smith	smith	PROPN
cjal-3217	83	34	,	,	PUNCT
cjal-3217	83	35	tough	tough	ADJ
cjal-3217	83	36	new	new	ADJ
cjal-3217	83	37	rules	rule	NOUN
cjal-3217	83	38	do	do	AUX
cjal-3217	83	39	n't	not	PART
cjal-3217	83	40	faze	faze	VERB
cjal-3217	83	41	chinese	chinese	ADJ
cjal-3217	83	42	internet	internet	NOUN
cjal-3217	83	43	start	start	NOUN
cjal-3217	83	44	-	-	PUNCT
cjal-3217	83	45	ups	up	NOUN
cjal-3217	83	46	,	,	PUNCT
cjal-3217	83	47	n.y	n.y	PROPN
cjal-3217	83	48	.	.	PROPN
cjal-3217	83	49	times	times	PROPN
cjal-3217	83	50	,	,	PUNCT
cjal-3217	83	51	oct	oct	PROPN
cjal-3217	83	52	.	.	PROPN
cjal-3217	83	53	4	4	NUM
cjal-3217	83	54	,	,	PUNCT
cjal-3217	83	55	2000	2000	NUM
cjal-3217	83	56	,	,	PUNCT
cjal-3217	83	57	at	at	ADP
cjal-3217	83	58	2	2	NUM
cjal-3217	83	59	.	.	NOUN
cjal-3217	83	60	eighty	eighty	NUM
cjal-3217	83	61	to	to	PART
cjal-3217	83	62	ninety	ninety	NUM
cjal-3217	83	63	percent	percent	NOUN
cjal-3217	83	64	of	of	ADP
cjal-3217	83	65	china	china	PROPN
cjal-3217	83	66	's	's	PART
cjal-3217	83	67	internet	internet	NOUN
cjal-3217	83	68	start	start	NOUN
cjal-3217	83	69	-	-	PUNCT
cjal-3217	83	70	ups	up	NOUN
cjal-3217	83	71	will	will	AUX
cjal-3217	83	72	fold	fold	VERB
cjal-3217	83	73	or	or	CCONJ
cjal-3217	83	74	merge	merge	VERB
cjal-3217	83	75	before	before	ADP
cjal-3217	83	76	year	year	NOUN
cjal-3217	83	77	-	-	PUNCT
cjal-3217	83	78	end	end	NOUN
cjal-3217	83	79	,	,	PUNCT
cjal-3217	83	80	in	in	ADP
cjal-3217	83	81	part	part	NOUN
cjal-3217	83	82	because	because	SCONJ
cjal-3217	83	83	investors	investor	NOUN
cjal-3217	83	84	are	be	AUX
cjal-3217	83	85	unwilling	unwilling	ADJ
cjal-3217	83	86	to	to	PART
cjal-3217	83	87	infuse	infuse	VERB
cjal-3217	83	88	second	second	ADJ
cjal-3217	83	89	or	or	CCONJ
cjal-3217	83	90	third	third	ADJ
cjal-3217	83	91	-	-	PUNCT
cjal-3217	83	92	tranche	tranche	NOUN
cjal-3217	83	93	funding	funding	NOUN
cjal-3217	83	94	in	in	ADP
cjal-3217	83	95	light	light	NOUN
cjal-3217	83	96	of	of	ADP
cjal-3217	83	97	recent	recent	ADJ
cjal-3217	83	98	restrictions	restriction	NOUN
cjal-3217	83	99	.	.	PUNCT
cjal-3217	84	1	see	see	VERB
cjal-3217	84	2	capital	capital	NOUN
cjal-3217	84	3	burn	burn	NOUN
cjal-3217	84	4	-	-	PUNCT
cjal-3217	84	5	out	out	NOUN
cjal-3217	84	6	,	,	PUNCT
cjal-3217	84	7	china	china	PROPN
cjal-3217	84	8	econ	econ	PROPN
cjal-3217	84	9	.	.	PUNCT
cjal-3217	85	1	rev	rev	PROPN
cjal-3217	85	2	.	.	PROPN
cjal-3217	85	3	,	,	PUNCT
cjal-3217	85	4	oct	oct	PROPN
cjal-3217	85	5	.	.	PROPN
cjal-3217	85	6	2000	2000	NUM
cjal-3217	85	7	,	,	PUNCT
cjal-3217	85	8	at	at	ADP
cjal-3217	85	9	23	23	NUM
cjal-3217	85	10	.	.	PUNCT
cjal-3217	86	1	18	18	NUM
cjal-3217	86	2	see	see	VERB
cjal-3217	86	3	winston	winston	PROPN
cjal-3217	86	4	yau	yau	PROPN
cjal-3217	86	5	,	,	PUNCT
cjal-3217	86	6	rules	rule	NOUN
cjal-3217	86	7	revamp	revamp	VERB
cjal-3217	86	8	for	for	ADP
cjal-3217	86	9	wto	wto	PROPN
cjal-3217	86	10	:	:	PUNCT
cjal-3217	86	11	regulations	regulation	NOUN
cjal-3217	86	12	to	to	PART
cjal-3217	86	13	ease	ease	VERB
cjal-3217	86	14	flows	flow	NOUN
cjal-3217	86	15	for	for	ADP
cjal-3217	86	16	venture	venture	NOUN
cjal-3217	86	17	capital	capital	NOUN
cjal-3217	86	18	and	and	CCONJ
cjal-3217	86	19	set	set	VERB
cjal-3217	86	20	guidelines	guideline	NOUN
cjal-3217	86	21	for	for	ADP
cjal-3217	86	22	foreign	foreign	ADJ
cjal-3217	86	23	players	player	NOUN
cjal-3217	86	24	,	,	PUNCT
cjal-3217	86	25	s.	s.	PROPN
cjal-3217	86	26	china	china	PROPN
cjal-3217	86	27	morning	morning	PROPN
cjal-3217	86	28	post	post	PROPN
cjal-3217	86	29	,	,	PUNCT
cjal-3217	86	30	nov	nov	PROPN
cjal-3217	86	31	.	.	PROPN
cjal-3217	86	32	3	3	NUM
cjal-3217	86	33	,	,	PUNCT
cjal-3217	86	34	2000	2000	NUM
cjal-3217	86	35	(	(	PUNCT
cjal-3217	86	36	"	"	PUNCT
cjal-3217	86	37	china	china	PROPN
cjal-3217	86	38	has	have	VERB
cjal-3217	86	39	no	no	DET
cjal-3217	86	40	comprehensive	comprehensive	ADJ
cjal-3217	86	41	rules	rule	NOUN
cjal-3217	86	42	to	to	PART
cjal-3217	86	43	govern	govern	VERB
cjal-3217	86	44	this	this	DET
cjal-3217	86	45	sector	sector	NOUN
cjal-3217	86	46	.	.	PUNCT
cjal-3217	86	47	"	"	PUNCT
cjal-3217	86	48	)	)	PUNCT
cjal-3217	86	49	.	.	PUNCT
cjal-3217	87	1	[	[	X
cjal-3217	87	2	16:1	16:1	NUM
cjal-3217	87	3	venture	venture	NOUN
cjal-3217	87	4	capital	capital	NOUN
cjal-3217	87	5	in	in	ADP
cjal-3217	87	6	china	china	PROPN
cjal-3217	87	7	have	have	AUX
cjal-3217	87	8	faced	face	VERB
cjal-3217	87	9	,	,	PUNCT
cjal-3217	87	10	and	and	CCONJ
cjal-3217	87	11	the	the	DET
cjal-3217	87	12	legislative	legislative	ADJ
cjal-3217	87	13	gaps	gap	NOUN
cjal-3217	87	14	that	that	PRON
cjal-3217	87	15	currently	currently	ADV
cjal-3217	87	16	frustrate	frustrate	VERB
cjal-3217	87	17	those	those	DET
cjal-3217	87	18	operations	operation	NOUN
cjal-3217	87	19	.	.	PUNCT
cjal-3217	88	1	section	section	NOUN
cjal-3217	88	2	iv	iv	NUM
cjal-3217	88	3	points	point	VERB
cjal-3217	88	4	out	out	ADP
cjal-3217	88	5	how	how	SCONJ
cjal-3217	88	6	chinese	chinese	ADJ
cjal-3217	88	7	legislators	legislator	NOUN
cjal-3217	88	8	have	have	AUX
cjal-3217	88	9	attempted	attempt	VERB
cjal-3217	88	10	to	to	PART
cjal-3217	88	11	fill	fill	VERB
cjal-3217	88	12	those	those	DET
cjal-3217	88	13	gaps	gap	NOUN
cjal-3217	88	14	,	,	PUNCT
cjal-3217	88	15	and	and	CCONJ
cjal-3217	88	16	section	section	NOUN
cjal-3217	88	17	v	v	NOUN
cjal-3217	88	18	offers	offer	VERB
cjal-3217	88	19	regulatory	regulatory	ADJ
cjal-3217	88	20	lessons	lesson	NOUN
cjal-3217	88	21	from	from	ADP
cjal-3217	88	22	the	the	DET
cjal-3217	88	23	united	united	PROPN
cjal-3217	88	24	states	states	PROPN
cjal-3217	88	25	,	,	PUNCT
cjal-3217	88	26	japan	japan	PROPN
cjal-3217	88	27	,	,	PUNCT
cjal-3217	88	28	and	and	CCONJ
cjal-3217	88	29	korea	korea	NOUN
cjal-3217	88	30	on	on	ADP
cjal-3217	88	31	how	how	SCONJ
cjal-3217	88	32	those	those	DET
cjal-3217	88	33	gap	gap	NOUN
cjal-3217	88	34	-	-	PUNCT
cjal-3217	88	35	filling	fill	VERB
cjal-3217	88	36	initiatives	initiative	NOUN
cjal-3217	88	37	might	might	AUX
cjal-3217	88	38	be	be	AUX
cjal-3217	88	39	extended	extend	VERB
cjal-3217	88	40	to	to	PART
cjal-3217	88	41	encourage	encourage	VERB
cjal-3217	88	42	a	a	DET
cjal-3217	88	43	fuller	full	ADJ
cjal-3217	88	44	,	,	PUNCT
cjal-3217	88	45	more	more	ADV
cjal-3217	88	46	robust	robust	ADJ
cjal-3217	88	47	venture	venture	NOUN
cjal-3217	88	48	capital	capital	NOUN
cjal-3217	88	49	regime	regime	NOUN
cjal-3217	88	50	.	.	PUNCT
cjal-3217	89	1	in	in	ADP
cjal-3217	89	2	conclusion	conclusion	NOUN
cjal-3217	89	3	,	,	PUNCT
cjal-3217	89	4	section	section	NOUN
cjal-3217	89	5	vi	vi	PROPN
cjal-3217	89	6	notes	note	VERB
cjal-3217	89	7	that	that	SCONJ
cjal-3217	89	8	china	china	PROPN
cjal-3217	89	9	's	's	PART
cjal-3217	89	10	proposed	propose	VERB
cjal-3217	89	11	venture	venture	NOUN
cjal-3217	89	12	capital	capital	NOUN
cjal-3217	89	13	regime	regime	NOUN
cjal-3217	89	14	is	be	AUX
cjal-3217	89	15	both	both	PRON
cjal-3217	89	16	timely	timely	ADJ
cjal-3217	89	17	and	and	CCONJ
cjal-3217	89	18	in	in	ADP
cjal-3217	89	19	keeping	keep	VERB
cjal-3217	89	20	with	with	ADP
cjal-3217	89	21	promised	promise	VERB
cjal-3217	89	22	financial	financial	ADJ
cjal-3217	89	23	liberalizations	liberalization	NOUN
cjal-3217	89	24	made	make	VERB
cjal-3217	89	25	to	to	ADP
cjal-3217	89	26	the	the	DET
cjal-3217	89	27	wto	wto	PROPN
cjal-3217	89	28	and	and	CCONJ
cjal-3217	89	29	the	the	DET
cjal-3217	89	30	international	international	ADJ
cjal-3217	89	31	community	community	NOUN
cjal-3217	89	32	generally	generally	ADV
cjal-3217	89	33	.	.	PUNCT
cjal-3217	90	1	china	china	PROPN
cjal-3217	90	2	unquestionably	unquestionably	ADV
cjal-3217	90	3	stands	stand	VERB
cjal-3217	90	4	to	to	PART
cjal-3217	90	5	gain	gain	VERB
cjal-3217	90	6	economically	economically	ADV
cjal-3217	90	7	if	if	SCONJ
cjal-3217	90	8	it	it	PRON
cjal-3217	90	9	can	can	AUX
cjal-3217	90	10	foster	foster	VERB
cjal-3217	90	11	the	the	DET
cjal-3217	90	12	political	political	ADJ
cjal-3217	90	13	will	will	NOUN
cjal-3217	90	14	to	to	PART
cjal-3217	90	15	incorporate	incorporate	VERB
cjal-3217	90	16	the	the	DET
cjal-3217	90	17	lessons	lesson	NOUN
cjal-3217	90	18	of	of	ADP
cjal-3217	90	19	other	other	ADJ
cjal-3217	90	20	venture	venture	NOUN
cjal-3217	90	21	capital	capital	NOUN
cjal-3217	90	22	jurisdictions	jurisdiction	NOUN
cjal-3217	90	23	.	.	PUNCT
cjal-3217	91	1	ii	ii	PROPN
cjal-3217	91	2	.	.	PUNCT
cjal-3217	92	1	china	china	PROPN
cjal-3217	92	2	's	's	PART
cjal-3217	92	3	system	system	NOUN
cjal-3217	92	4	of	of	ADP
cjal-3217	92	5	finance	finance	NOUN
cjal-3217	92	6	:	:	PUNCT
cjal-3217	92	7	a	a	DET
cjal-3217	92	8	brief	brief	ADJ
cjal-3217	92	9	history	history	NOUN
cjal-3217	92	10	a.	a.	NOUN
cjal-3217	92	11	the	the	DET
cjal-3217	92	12	pre	pre	ADJ
cjal-3217	92	13	-	-	ADJ
cjal-3217	92	14	communist	communist	ADJ
cjal-3217	92	15	and	and	CCONJ
cjal-3217	92	16	communist	communist	ADJ
cjal-3217	92	17	era	era	NOUN
cjal-3217	92	18	prior	prior	ADV
cjal-3217	92	19	to	to	ADP
cjal-3217	92	20	communism	communism	NOUN
cjal-3217	92	21	,	,	PUNCT
cjal-3217	92	22	china	china	PROPN
cjal-3217	92	23	's	's	PART
cjal-3217	92	24	financial	financial	ADJ
cjal-3217	92	25	structure	structure	NOUN
cjal-3217	92	26	was	be	AUX
cjal-3217	92	27	composed	compose	VERB
cjal-3217	92	28	primarily	primarily	ADV
cjal-3217	92	29	of	of	ADP
cjal-3217	92	30	native	native	ADJ
cjal-3217	92	31	bankers	banker	NOUN
cjal-3217	92	32	in	in	ADP
cjal-3217	92	33	family	family	NOUN
cjal-3217	92	34	groupings	grouping	NOUN
cjal-3217	92	35	or	or	CCONJ
cjal-3217	92	36	clans	clan	NOUN
cjal-3217	92	37	,	,	PUNCT
cjal-3217	92	38	organized	organize	VERB
cjal-3217	92	39	as	as	ADP
cjal-3217	92	40	proprietorships	proprietorship	NOUN
cjal-3217	92	41	or	or	CCONJ
cjal-3217	92	42	small	small	ADJ
cjal-3217	92	43	partnerships	partnership	NOUN
cjal-3217	92	44	that	that	PRON
cjal-3217	92	45	accepted	accept	VERB
cjal-3217	92	46	deposits	deposit	NOUN
cjal-3217	92	47	,	,	PUNCT
cjal-3217	92	48	disbursed	disburse	VERB
cjal-3217	92	49	loans	loan	NOUN
cjal-3217	92	50	and	and	CCONJ
cjal-3217	92	51	handled	handle	VERB
cjal-3217	92	52	remittances	remittance	NOUN
cjal-3217	92	53	or	or	CCONJ
cjal-3217	92	54	money	money	NOUN
cjal-3217	92	55	exchanges	exchange	NOUN
cjal-3217	92	56	throughout	throughout	ADP
cjal-3217	92	57	the	the	DET
cjal-3217	92	58	country	country	NOUN
cjal-3217	92	59	.	.	PUNCT
cjal-3217	93	1	9	9	NUM
cjal-3217	93	2	while	while	SCONJ
cjal-3217	93	3	"	"	PUNCT
cjal-3217	93	4	[	[	X
cjal-3217	93	5	t]he	t]he	ADV
cjal-3217	93	6	native	native	ADJ
cjal-3217	93	7	financial	financial	ADJ
cjal-3217	93	8	institutions	institution	NOUN
cjal-3217	93	9	of	of	ADP
cjal-3217	93	10	china	china	PROPN
cjal-3217	93	11	appear	appear	VERB
cjal-3217	93	12	to	to	PART
cjal-3217	93	13	have	have	AUX
cjal-3217	93	14	been	be	AUX
cjal-3217	93	15	reasonably	reasonably	ADV
cjal-3217	93	16	adequate	adequate	ADJ
cjal-3217	93	17	to	to	ADP
cjal-3217	93	18	the	the	DET
cjal-3217	93	19	functions	function	NOUN
cjal-3217	93	20	which	which	PRON
cjal-3217	93	21	they	they	PRON
cjal-3217	93	22	had	have	VERB
cjal-3217	93	23	to	to	PART
cjal-3217	93	24	discharge	discharge	VERB
cjal-3217	93	25	before	before	ADP
cjal-3217	93	26	the	the	DET
cjal-3217	93	27	modern	modern	ADJ
cjal-3217	93	28	era	era	NOUN
cjal-3217	93	29	,	,	PUNCT
cjal-3217	93	30	...	...	PUNCT
cjal-3217	93	31	they	they	PRON
cjal-3217	93	32	were	be	AUX
cjal-3217	93	33	not	not	PART
cjal-3217	93	34	fitted	fit	VERB
cjal-3217	93	35	for	for	ADP
cjal-3217	93	36	handling	handle	VERB
cjal-3217	93	37	the	the	DET
cjal-3217	93	38	international	international	ADJ
cjal-3217	93	39	financial	financial	ADJ
cjal-3217	93	40	transactions	transaction	NOUN
cjal-3217	93	41	that	that	PRON
cjal-3217	93	42	resulted	result	VERB
cjal-3217	93	43	from	from	ADP
cjal-3217	93	44	trade	trade	NOUN
cjal-3217	93	45	with	with	ADP
cjal-3217	93	46	western	western	ADJ
cjal-3217	93	47	countries	country	NOUN
cjal-3217	93	48	.	.	PUNCT
cjal-3217	94	1	"2	"2	PROPN
cjal-3217	94	2	as	as	ADP
cjal-3217	94	3	a	a	DET
cjal-3217	94	4	result	result	NOUN
cjal-3217	94	5	,	,	PUNCT
cjal-3217	94	6	in	in	ADP
cjal-3217	94	7	order	order	NOUN
cjal-3217	94	8	to	to	PART
cjal-3217	94	9	raise	raise	VERB
cjal-3217	94	10	more	more	ADJ
cjal-3217	94	11	capital	capital	NOUN
cjal-3217	94	12	for	for	ADP
cjal-3217	94	13	commercial	commercial	ADJ
cjal-3217	94	14	enterprise	enterprise	NOUN
cjal-3217	94	15	operations	operation	NOUN
cjal-3217	94	16	at	at	ADP
cjal-3217	94	17	the	the	DET
cjal-3217	94	18	turn	turn	NOUN
cjal-3217	94	19	of	of	ADP
cjal-3217	94	20	the	the	DET
cjal-3217	94	21	2	2	NUM
cjal-3217	94	22	0	0	NUM
cjal-3217	94	23	th	th	NUM
cjal-3217	94	24	century	century	NOUN
cjal-3217	94	25	,	,	PUNCT
cjal-3217	94	26	china	china	PROPN
cjal-3217	94	27	broadened	broaden	VERB
cjal-3217	94	28	its	its	PRON
cjal-3217	94	29	financial	financial	ADJ
cjal-3217	94	30	capabilities	capability	NOUN
cjal-3217	94	31	and	and	CCONJ
cjal-3217	94	32	obtained	obtain	VERB
cjal-3217	94	33	financial	financial	ADJ
cjal-3217	94	34	services	service	NOUN
cjal-3217	94	35	from	from	ADP
cjal-3217	94	36	a	a	DET
cjal-3217	94	37	number	number	NOUN
cjal-3217	94	38	of	of	ADP
cjal-3217	94	39	foreign	foreign	ADJ
cjal-3217	94	40	banks2	banks2	NOUN
cjal-3217	94	41	'	'	PUNCT
cjal-3217	94	42	in	in	ADP
cjal-3217	94	43	conjunction	conjunction	NOUN
cjal-3217	94	44	with	with	ADP
cjal-3217	94	45	fund	fund	NOUN
cjal-3217	94	46	sourcing	source	VERB
cjal-3217	94	47	through	through	ADP
cjal-3217	94	48	a	a	DET
cjal-3217	94	49	series	series	NOUN
cjal-3217	94	50	of	of	ADP
cjal-3217	94	51	security	security	NOUN
cjal-3217	94	52	exchanges	exchange	NOUN
cjal-3217	94	53	in	in	ADP
cjal-3217	94	54	shanghai	shanghai	PROPN
cjal-3217	94	55	,	,	PUNCT
cjal-3217	94	56	beijing	beijing	PROPN
cjal-3217	94	57	and	and	CCONJ
cjal-3217	94	58	tianjin.2	tianjin.2	PROPN
cjal-3217	94	59	that	that	PRON
cjal-3217	94	60	changed	change	VERB
cjal-3217	94	61	,	,	PUNCT
cjal-3217	94	62	however	however	ADV
cjal-3217	94	63	,	,	PUNCT
cjal-3217	94	64	when	when	SCONJ
cjal-3217	94	65	mao	mao	PROPN
cjal-3217	94	66	zedong	zedong	PROPN
cjal-3217	94	67	's	's	PART
cjal-3217	94	68	central	central	ADJ
cjal-3217	94	69	government	government	NOUN
cjal-3217	94	70	absorbed	absorb	VERB
cjal-3217	94	71	privately	privately	ADV
cjal-3217	94	72	operated	operate	VERB
cjal-3217	94	73	and	and	CCONJ
cjal-3217	94	74	nationalist	nationalist	ADJ
cjal-3217	94	75	-	-	PUNCT
cjal-3217	94	76	run	run	VERB
cjal-3217	94	77	financial	financial	ADJ
cjal-3217	94	78	institutions	institution	NOUN
cjal-3217	94	79	in	in	ADP
cjal-3217	94	80	19	19	NUM
cjal-3217	94	81	see	see	VERB
cjal-3217	94	82	financial	financial	ADJ
cjal-3217	94	83	institutions	institution	NOUN
cjal-3217	94	84	and	and	CCONJ
cjal-3217	94	85	markets	market	NOUN
cjal-3217	94	86	in	in	ADP
cjal-3217	94	87	the	the	DET
cjal-3217	94	88	far	far	ADJ
cjal-3217	94	89	east	east	NOUN
cjal-3217	94	90	:	:	PUNCT
cjal-3217	94	91	a	a	DET
cjal-3217	94	92	study	study	NOUN
cjal-3217	94	93	of	of	ADP
cjal-3217	94	94	china	china	PROPN
cjal-3217	94	95	,	,	PUNCT
cjal-3217	94	96	hong	hong	PROPN
cjal-3217	94	97	kong	kong	PROPN
cjal-3217	94	98	,	,	PUNCT
cjal-3217	94	99	japan	japan	PROPN
cjal-3217	94	100	,	,	PUNCT
cjal-3217	94	101	south	south	PROPN
cjal-3217	94	102	korea	korea	PROPN
cjal-3217	94	103	and	and	CCONJ
cjal-3217	94	104	taiwan	taiwan	PROPN
cjal-3217	94	105	20	20	NUM
cjal-3217	94	106	(	(	PUNCT
cjal-3217	94	107	michael	michael	PROPN
cjal-3217	94	108	skully	skully	PROPN
cjal-3217	94	109	ed	ed	PROPN
cjal-3217	94	110	.	.	PROPN
cjal-3217	94	111	,	,	PUNCT
cjal-3217	94	112	1982	1982	NUM
cjal-3217	94	113	)	)	PUNCT
cjal-3217	94	114	.	.	PUNCT
cjal-3217	95	1	20	20	NUM
cjal-3217	96	1	i	i	PRON
cjal-3217	96	2	d.	d.	NOUN
cjal-3217	96	3	at	at	ADP
cjal-3217	96	4	3	3	NUM
cjal-3217	96	5	.	.	SYM
cjal-3217	96	6	21	21	NUM
cjal-3217	96	7	see	see	VERB
cjal-3217	96	8	xiaoping	xiaoping	PROPN
cjal-3217	96	9	xu	xu	PROPN
cjal-3217	96	10	,	,	PUNCT
cjal-3217	96	11	china	china	PROPN
cjal-3217	96	12	's	's	PART
cjal-3217	96	13	financial	financial	ADJ
cjal-3217	96	14	system	system	NOUN
cjal-3217	96	15	under	under	ADP
cjal-3217	96	16	transition	transition	NOUN
cjal-3217	96	17	179	179	NUM
cjal-3217	96	18	(	(	PUNCT
cjal-3217	96	19	1998	1998	NUM
cjal-3217	96	20	)	)	PUNCT
cjal-3217	96	21	(	(	PUNCT
cjal-3217	96	22	detailing	detail	VERB
cjal-3217	96	23	that	that	SCONJ
cjal-3217	96	24	the	the	DET
cjal-3217	96	25	first	first	ADJ
cjal-3217	96	26	foreign	foreign	ADJ
cjal-3217	96	27	bank	bank	NOUN
cjal-3217	96	28	,	,	PUNCT
cjal-3217	96	29	oriental	oriental	ADJ
cjal-3217	96	30	banking	banking	NOUN
cjal-3217	96	31	corporation	corporation	NOUN
cjal-3217	96	32	,	,	PUNCT
cjal-3217	96	33	came	come	VERB
cjal-3217	96	34	to	to	ADP
cjal-3217	96	35	shanghai	shanghai	PROPN
cjal-3217	96	36	in	in	ADP
cjal-3217	96	37	1848	1848	NUM
cjal-3217	96	38	and	and	CCONJ
cjal-3217	96	39	was	be	AUX
cjal-3217	96	40	followed	follow	VERB
cjal-3217	96	41	by	by	ADP
cjal-3217	96	42	a	a	DET
cjal-3217	96	43	proliferation	proliferation	NOUN
cjal-3217	96	44	of	of	ADP
cjal-3217	96	45	foreign	foreign	ADJ
cjal-3217	96	46	banks	bank	NOUN
cjal-3217	96	47	handling	handle	VERB
cjal-3217	96	48	loans	loan	NOUN
cjal-3217	96	49	to	to	ADP
cjal-3217	96	50	the	the	DET
cjal-3217	96	51	chinese	chinese	ADJ
cjal-3217	96	52	government	government	NOUN
cjal-3217	96	53	,	,	PUNCT
cjal-3217	96	54	investments	investment	NOUN
cjal-3217	96	55	in	in	ADP
cjal-3217	96	56	china	china	PROPN
cjal-3217	96	57	's	's	PART
cjal-3217	96	58	railway	railway	NOUN
cjal-3217	96	59	and	and	CCONJ
cjal-3217	96	60	mining	mining	NOUN
cjal-3217	96	61	operations	operation	NOUN
cjal-3217	96	62	,	,	PUNCT
cjal-3217	96	63	and	and	CCONJ
cjal-3217	96	64	customs	custom	NOUN
cjal-3217	96	65	and	and	CCONJ
cjal-3217	96	66	salt	salt	NOUN
cjal-3217	96	67	revenues	revenue	NOUN
cjal-3217	96	68	)	)	PUNCT
cjal-3217	96	69	.	.	PUNCT
cjal-3217	97	1	see	see	VERB
cjal-3217	97	2	also	also	ADV
cjal-3217	97	3	skully	skully	ADV
cjal-3217	97	4	,	,	PUNCT
cjal-3217	97	5	supra	supra	PROPN
cjal-3217	97	6	note	note	PROPN
cjal-3217	97	7	19	19	NUM
cjal-3217	97	8	,	,	PUNCT
cjal-3217	97	9	at	at	ADP
cjal-3217	97	10	3	3	NUM
cjal-3217	97	11	(	(	PUNCT
cjal-3217	97	12	listing	list	VERB
cjal-3217	97	13	hsbc	hsbc	PROPN
cjal-3217	97	14	,	,	PUNCT
cjal-3217	97	15	standard	standard	ADJ
cjal-3217	97	16	chartered	charter	VERB
cjal-3217	97	17	,	,	PUNCT
cjal-3217	97	18	and	and	CCONJ
cjal-3217	97	19	others	other	NOUN
cjal-3217	97	20	from	from	ADP
cjal-3217	97	21	germany	germany	PROPN
cjal-3217	97	22	,	,	PUNCT
cjal-3217	97	23	japan	japan	PROPN
cjal-3217	97	24	,	,	PUNCT
cjal-3217	97	25	russia	russia	PROPN
cjal-3217	97	26	,	,	PUNCT
cjal-3217	97	27	france	france	PROPN
cjal-3217	97	28	,	,	PUNCT
cjal-3217	97	29	belgium	belgium	NOUN
cjal-3217	97	30	,	,	PUNCT
cjal-3217	97	31	and	and	CCONJ
cjal-3217	97	32	america	america	PROPN
cjal-3217	97	33	)	)	PUNCT
cjal-3217	97	34	.	.	PUNCT
cjal-3217	98	1	22	22	NUM
cjal-3217	98	2	see	see	VERB
cjal-3217	98	3	cecil	cecil	PROPN
cjal-3217	98	4	r.	r.	PROPN
cjal-3217	98	5	dipchand	dipchand	PROPN
cjal-3217	98	6	et	et	PROPN
cjal-3217	98	7	al	al	PROPN
cjal-3217	98	8	.	.	PROPN
cjal-3217	98	9	,	,	PUNCT
cjal-3217	98	10	the	the	DET
cjal-3217	98	11	chinese	chinese	ADJ
cjal-3217	98	12	financial	financial	ADJ
cjal-3217	98	13	system	system	NOUN
cjal-3217	98	14	147	147	NUM
cjal-3217	98	15	(	(	PUNCT
cjal-3217	98	16	1994	1994	NUM
cjal-3217	98	17	)	)	PUNCT
cjal-3217	98	18	(	(	PUNCT
cjal-3217	98	19	indicating	indicate	VERB
cjal-3217	98	20	that	that	SCONJ
cjal-3217	98	21	the	the	DET
cjal-3217	98	22	local	local	ADJ
cjal-3217	98	23	government	government	NOUN
cjal-3217	98	24	in	in	ADP
cjal-3217	98	25	shanghai	shanghai	PROPN
cjal-3217	98	26	established	establish	VERB
cjal-3217	98	27	an	an	DET
cjal-3217	98	28	exchange	exchange	NOUN
cjal-3217	98	29	in	in	ADP
cjal-3217	98	30	1914	1914	NUM
cjal-3217	98	31	and	and	CCONJ
cjal-3217	98	32	beijing	beijing	PROPN
cjal-3217	98	33	's	's	PART
cjal-3217	98	34	government	government	NOUN
cjal-3217	98	35	followed	follow	VERB
cjal-3217	98	36	in	in	ADP
cjal-3217	98	37	1918	1918	NUM
cjal-3217	98	38	,	,	PUNCT
cjal-3217	98	39	as	as	SCONJ
cjal-3217	98	40	did	do	VERB
cjal-3217	98	41	tianjin	tianjin	PROPN
cjal-3217	98	42	's	's	PART
cjal-3217	98	43	in	in	ADP
cjal-3217	98	44	1921	1921	NUM
cjal-3217	98	45	)	)	PUNCT
cjal-3217	98	46	.	.	PUNCT
cjal-3217	99	1	see	see	VERB
cjal-3217	99	2	also	also	ADV
cjal-3217	99	3	skully	skully	ADV
cjal-3217	99	4	,	,	PUNCT
cjal-3217	99	5	supra	supra	PROPN
cjal-3217	99	6	note	note	PROPN
cjal-3217	99	7	19	19	NUM
cjal-3217	99	8	,	,	PUNCT
cjal-3217	99	9	at	at	ADP
cjal-3217	99	10	21	21	NUM
cjal-3217	99	11	(	(	PUNCT
cjal-3217	99	12	stating	state	VERB
cjal-3217	99	13	that	that	SCONJ
cjal-3217	99	14	the	the	DET
cjal-3217	99	15	1940	1940	NUM
cjal-3217	99	16	shanghai	shanghai	PROPN
cjal-3217	99	17	exchange	exchange	PROPN
cjal-3217	99	18	lead	lead	NOUN
cjal-3217	99	19	by	by	ADP
cjal-3217	99	20	the	the	DET
cjal-3217	99	21	chinese	chinese	ADJ
cjal-3217	99	22	stock	stock	PROPN
cjal-3217	99	23	promotion	promotion	PROPN
cjal-3217	99	24	committee	committee	PROPN
cjal-3217	99	25	,	,	PUNCT
cjal-3217	99	26	a	a	DET
cjal-3217	99	27	committee	committee	NOUN
cjal-3217	99	28	composed	compose	VERB
cjal-3217	99	29	of	of	ADP
cjal-3217	99	30	shanghai	shanghai	PROPN
cjal-3217	99	31	banks	banks	PROPN
cjal-3217	99	32	and	and	CCONJ
cjal-3217	99	33	trust	trust	NOUN
cjal-3217	99	34	companies	company	NOUN
cjal-3217	99	35	,	,	PUNCT
cjal-3217	99	36	traded	trade	VERB
cjal-3217	99	37	shares	share	NOUN
cjal-3217	99	38	in	in	ADP
cjal-3217	99	39	76	76	NUM
cjal-3217	99	40	different	different	ADJ
cjal-3217	99	41	companies	company	NOUN
cjal-3217	99	42	)	)	PUNCT
cjal-3217	99	43	.	.	PUNCT
cjal-3217	100	1	2002	2002	NUM
cjal-3217	100	2	]	]	PUNCT
cjal-3217	100	3	columbia	columbia	PROPN
cjal-3217	100	4	journal	journal	PROPN
cjal-3217	100	5	ofasianlaw	ofasianlaw	PROPN
cjal-3217	100	6	1949.13	1949.13	NUM
cjal-3217	100	7	mao	mao	NOUN
cjal-3217	100	8	brought	bring	VERB
cjal-3217	100	9	banks	bank	NOUN
cjal-3217	100	10	and	and	CCONJ
cjal-3217	100	11	the	the	DET
cjal-3217	100	12	informal	informal	ADJ
cjal-3217	100	13	lending	lending	NOUN
cjal-3217	100	14	sector	sector	NOUN
cjal-3217	100	15	under	under	ADP
cjal-3217	100	16	direct	direct	ADJ
cjal-3217	100	17	lending	lending	NOUN
cjal-3217	100	18	and	and	CCONJ
cjal-3217	100	19	borrowing	borrowing	NOUN
cjal-3217	100	20	controls	control	NOUN
cjal-3217	100	21	of	of	ADP
cjal-3217	100	22	the	the	DET
cjal-3217	100	23	people	people	NOUN
cjal-3217	100	24	's	's	PART
cjal-3217	100	25	bank	bank	PROPN
cjal-3217	100	26	of	of	ADP
cjal-3217	100	27	china.24	china.24	PROPN
cjal-3217	100	28	he	he	PRON
cjal-3217	100	29	abolished	abolish	VERB
cjal-3217	100	30	china	china	PROPN
cjal-3217	100	31	's	's	PART
cjal-3217	100	32	nascent	nascent	ADJ
cjal-3217	100	33	securities	security	NOUN
cjal-3217	100	34	markets	market	NOUN
cjal-3217	100	35	and	and	CCONJ
cjal-3217	100	36	disbanded	disband	VERB
cjal-3217	100	37	china	china	PROPN
cjal-3217	100	38	's	's	PART
cjal-3217	100	39	wealthy	wealthy	ADJ
cjal-3217	100	40	lending	lending	NOUN
cjal-3217	100	41	class.25	class.25	VERB
cjal-3217	100	42	his	his	PRON
cjal-3217	100	43	self	self	NOUN
cjal-3217	100	44	-	-	PUNCT
cjal-3217	100	45	reliance	reliance	NOUN
cjal-3217	100	46	doctrine	doctrine	NOUN
cjal-3217	100	47	also	also	ADV
cjal-3217	100	48	prompted	prompt	VERB
cjal-3217	100	49	the	the	DET
cjal-3217	100	50	exodus	exodus	NOUN
cjal-3217	100	51	of	of	ADP
cjal-3217	100	52	foreign	foreign	ADJ
cjal-3217	100	53	banks	bank	NOUN
cjal-3217	100	54	,	,	PUNCT
cjal-3217	100	55	effectively	effectively	ADV
cjal-3217	100	56	ending	end	VERB
cjal-3217	100	57	foreign	foreign	ADJ
cjal-3217	100	58	financing	financing	NOUN
cjal-3217	100	59	for	for	ADP
cjal-3217	100	60	china.2	china.2	PROPN
cjal-3217	100	61	6	6	NUM
cjal-3217	100	62	in	in	ADP
cjal-3217	100	63	essence	essence	NOUN
cjal-3217	100	64	,	,	PUNCT
cjal-3217	100	65	mao	mao	PROPN
cjal-3217	101	1	modeled	model	VERB
cjal-3217	101	2	china	china	PROPN
cjal-3217	101	3	's	's	PART
cjal-3217	101	4	centrally	centrally	ADV
cjal-3217	101	5	controlled	control	VERB
cjal-3217	101	6	mono	mono	NOUN
cjal-3217	101	7	-	-	PUNCT
cjal-3217	101	8	banking	banking	NOUN
cjal-3217	101	9	system	system	NOUN
cjal-3217	101	10	on	on	ADP
cjal-3217	101	11	the	the	DET
cjal-3217	101	12	soviet	soviet	PROPN
cjal-3217	101	13	's	's	PART
cjal-3217	101	14	state	state	NOUN
cjal-3217	101	15	planning	planning	NOUN
cjal-3217	101	16	tradition	tradition	NOUN
cjal-3217	101	17	.	.	PUNCT
cjal-3217	102	1	27	27	NUM
cjal-3217	102	2	china	china	PROPN
cjal-3217	102	3	's	's	PART
cjal-3217	102	4	central	central	ADJ
cjal-3217	102	5	government	government	NOUN
cjal-3217	102	6	unified	unify	VERB
cjal-3217	102	7	enterprise	enterprise	NOUN
cjal-3217	102	8	expenditures	expenditure	NOUN
cjal-3217	102	9	under	under	ADP
cjal-3217	102	10	a	a	DET
cjal-3217	102	11	state	state	NOUN
cjal-3217	102	12	physical	physical	ADJ
cjal-3217	102	13	plan	plan	NOUN
cjal-3217	102	14	and	and	CCONJ
cjal-3217	102	15	to	to	PART
cjal-3217	102	16	ensure	ensure	VERB
cjal-3217	102	17	that	that	SCONJ
cjal-3217	102	18	state	state	NOUN
cjal-3217	102	19	enterprises	enterprise	NOUN
cjal-3217	102	20	met	meet	VERB
cjal-3217	102	21	their	their	PRON
cjal-3217	102	22	state	state	NOUN
cjal-3217	102	23	-	-	PUNCT
cjal-3217	102	24	required	require	VERB
cjal-3217	102	25	output	output	NOUN
cjal-3217	102	26	quota	quota	NOUN
cjal-3217	102	27	the	the	DET
cjal-3217	102	28	ministry	ministry	PROPN
cjal-3217	102	29	of	of	ADP
cjal-3217	102	30	finance	finance	PROPN
cjal-3217	102	31	disbursed	disburse	VERB
cjal-3217	102	32	funds	fund	NOUN
cjal-3217	102	33	in	in	ADP
cjal-3217	102	34	the	the	DET
cjal-3217	102	35	form	form	NOUN
cjal-3217	102	36	of	of	ADP
cjal-3217	102	37	interest	interest	NOUN
cjal-3217	102	38	-	-	PUNCT
cjal-3217	102	39	free	free	ADJ
cjal-3217	102	40	state	state	NOUN
cjal-3217	102	41	grants	grant	NOUN
cjal-3217	102	42	via	via	ADP
cjal-3217	102	43	the	the	DET
cjal-3217	102	44	central	central	ADJ
cjal-3217	102	45	banking	banking	NOUN
cjal-3217	102	46	system	system	NOUN
cjal-3217	102	47	.	.	PUNCT
cjal-3217	103	1	28	28	NUM
cjal-3217	104	1	any	any	DET
cjal-3217	104	2	profit	profit	NOUN
cjal-3217	104	3	overages	overage	NOUN
cjal-3217	104	4	were	be	AUX
cjal-3217	104	5	remitted	remit	VERB
cjal-3217	104	6	back	back	ADV
cjal-3217	104	7	to	to	ADP
cjal-3217	104	8	central	central	ADJ
cjal-3217	104	9	authorities	authority	NOUN
cjal-3217	104	10	.	.	PUNCT
cjal-3217	105	1	9	9	NUM
cjal-3217	105	2	this	this	PRON
cjal-3217	105	3	carried	carry	VERB
cjal-3217	105	4	on	on	ADP
cjal-3217	105	5	for	for	ADP
cjal-3217	105	6	the	the	DET
cjal-3217	105	7	next	next	ADJ
cjal-3217	105	8	thirty	thirty	NUM
cjal-3217	105	9	years	year	NOUN
cjal-3217	105	10	.	.	PUNCT
cjal-3217	106	1	30	30	NUM
cjal-3217	106	2	b.	b.	NOUN
cjal-3217	106	3	the	the	DET
cjal-3217	106	4	1978	1978	NUM
cjal-3217	106	5	reforms	reform	NOUN
cjal-3217	106	6	not	not	PART
cjal-3217	106	7	until	until	ADP
cjal-3217	106	8	1978	1978	NUM
cjal-3217	106	9	,	,	PUNCT
cjal-3217	106	10	when	when	SCONJ
cjal-3217	106	11	the	the	DET
cjal-3217	106	12	11th	11th	ADJ
cjal-3217	106	13	party	party	PROPN
cjal-3217	106	14	central	central	PROPN
cjal-3217	106	15	committee	committee	PROPN
cjal-3217	106	16	shifted	shift	VERB
cjal-3217	106	17	its	its	PRON
cjal-3217	106	18	ideological	ideological	ADJ
cjal-3217	106	19	focus	focus	NOUN
cjal-3217	106	20	from	from	ADP
cjal-3217	106	21	class	class	NOUN
cjal-3217	106	22	struggle	struggle	NOUN
cjal-3217	106	23	towards	towards	ADP
cjal-3217	106	24	economic	economic	ADJ
cjal-3217	106	25	liberalization	liberalization	NOUN
cjal-3217	106	26	and	and	CCONJ
cjal-3217	106	27	development	development	NOUN
cjal-3217	106	28	,	,	PUNCT
cjal-3217	106	29	did	do	VERB
cjal-3217	106	30	china	china	PROPN
cjal-3217	106	31	's	's	PART
cjal-3217	106	32	mono	mono	NOUN
cjal-3217	106	33	-	-	PUNCT
cjal-3217	106	34	banking	banking	NOUN
cjal-3217	106	35	system	system	NOUN
cjal-3217	106	36	give	give	VERB
cjal-3217	106	37	way.3	way.3	PROPN
cjal-3217	106	38	'	'	PART
cjal-3217	106	39	significant	significant	ADJ
cjal-3217	106	40	revenue	revenue	NOUN
cjal-3217	106	41	deficits	deficit	NOUN
cjal-3217	106	42	burdened	burden	VERB
cjal-3217	106	43	the	the	DET
cjal-3217	106	44	central	central	ADJ
cjal-3217	106	45	government	government	NOUN
cjal-3217	106	46	following	follow	VERB
cjal-3217	106	47	the	the	DET
cjal-3217	106	48	high	high	ADJ
cjal-3217	106	49	implementation	implementation	NOUN
cjal-3217	106	50	and	and	CCONJ
cjal-3217	106	51	reconstruction	reconstruction	NOUN
cjal-3217	106	52	costs	cost	NOUN
cjal-3217	106	53	of	of	ADP
cjal-3217	106	54	the	the	DET
cjal-3217	106	55	great	great	ADJ
cjal-3217	106	56	leap	leap	NOUN
cjal-3217	106	57	forward	forward	ADV
cjal-3217	106	58	and	and	CCONJ
cjal-3217	106	59	cultural	cultural	ADJ
cjal-3217	106	60	revolution.32	revolution.32	VERB
cjal-3217	106	61	state	state	NOUN
cjal-3217	106	62	-	-	PUNCT
cjal-3217	106	63	owned	own	VERB
cjal-3217	106	64	enterprises	enterprise	NOUN
cjal-3217	106	65	,	,	PUNCT
cjal-3217	106	66	which	which	PRON
cjal-3217	106	67	by	by	ADP
cjal-3217	106	68	1976	1976	NUM
cjal-3217	106	69	accounted	account	VERB
cjal-3217	106	70	for	for	ADP
cjal-3217	106	71	99.5	99.5	NUM
cjal-3217	106	72	%	%	NOUN
cjal-3217	106	73	of	of	ADP
cjal-3217	106	74	state	state	NOUN
cjal-3217	106	75	revenues	revenue	NOUN
cjal-3217	106	76	,	,	PUNCT
cjal-3217	106	77	"	"	PUNCT
cjal-3217	106	78	also	also	ADV
cjal-3217	106	79	were	be	AUX
cjal-3217	106	80	becoming	become	VERB
cjal-3217	106	81	more	more	ADV
cjal-3217	106	82	and	and	CCONJ
cjal-3217	106	83	more	more	ADV
cjal-3217	106	84	inefficient	inefficient	ADJ
cjal-3217	106	85	and	and	CCONJ
cjal-3217	106	86	unable	unable	ADJ
cjal-3217	106	87	to	to	PART
cjal-3217	106	88	absorb	absorb	VERB
cjal-3217	106	89	china	china	PROPN
cjal-3217	106	90	's	's	PART
cjal-3217	106	91	growing	grow	VERB
cjal-3217	106	92	employable	employable	ADJ
cjal-3217	106	93	labor	labor	NOUN
cjal-3217	106	94	force.34	force.34	NOUN
cjal-3217	106	95	moreover	moreover	ADV
cjal-3217	106	96	,	,	PUNCT
cjal-3217	106	97	china	china	PROPN
cjal-3217	106	98	's	's	PART
cjal-3217	106	99	newly	newly	ADV
cjal-3217	106	100	formed	form	VERB
cjal-3217	106	101	private	private	ADJ
cjal-3217	106	102	enterprise	enterprise	NOUN
cjal-3217	106	103	sector	sector	NOUN
cjal-3217	106	104	was	be	AUX
cjal-3217	106	105	in	in	ADP
cjal-3217	106	106	desperate	desperate	ADJ
cjal-3217	106	107	need	need	NOUN
cjal-3217	106	108	of	of	ADP
cjal-3217	106	109	new	new	ADJ
cjal-3217	106	110	capital.35	capital.35	PROPN
cjal-3217	106	111	china	china	PROPN
cjal-3217	106	112	's	's	PART
cjal-3217	106	113	desire	desire	NOUN
cjal-3217	106	114	for	for	ADP
cjal-3217	106	115	greater	great	ADJ
cjal-3217	106	116	,	,	PUNCT
cjal-3217	106	117	more	more	ADV
cjal-3217	106	118	efficient	efficient	ADJ
cjal-3217	106	119	23	23	NUM
cjal-3217	106	120	see	see	VERB
cjal-3217	106	121	skully	skully	ADV
cjal-3217	106	122	,	,	PUNCT
cjal-3217	106	123	supra	supra	PROPN
cjal-3217	106	124	note	note	PROPN
cjal-3217	106	125	19	19	NUM
cjal-3217	106	126	,	,	PUNCT
cjal-3217	106	127	at	at	ADP
cjal-3217	106	128	4	4	NUM
cjal-3217	106	129	.	.	PUNCT
cjal-3217	107	1	see	see	VERB
cjal-3217	107	2	also	also	ADV
cjal-3217	107	3	dipchand	dipchand	NOUN
cjal-3217	107	4	,	,	PUNCT
cjal-3217	107	5	supra	supra	PROPN
cjal-3217	107	6	note	note	PROPN
cjal-3217	107	7	22	22	NUM
cjal-3217	107	8	,	,	PUNCT
cjal-3217	107	9	at	at	ADP
cjal-3217	107	10	2	2	NUM
cjal-3217	107	11	.	.	PUNCT
cjal-3217	108	1	the	the	DET
cjal-3217	108	2	country	country	NOUN
cjal-3217	108	3	's	's	PART
cjal-3217	108	4	seven	seven	NUM
cjal-3217	108	5	largest	large	ADJ
cjal-3217	108	6	financial	financial	ADJ
cjal-3217	108	7	institutions	institution	NOUN
cjal-3217	108	8	,	,	PUNCT
cjal-3217	108	9	run	run	VERB
cjal-3217	108	10	primarily	primarily	ADV
cjal-3217	108	11	by	by	ADP
cjal-3217	108	12	four	four	NUM
cjal-3217	108	13	nationalist	nationalist	ADJ
cjal-3217	108	14	families	family	NOUN
cjal-3217	108	15	,	,	PUNCT
cjal-3217	108	16	were	be	AUX
cjal-3217	108	17	brought	bring	VERB
cjal-3217	108	18	under	under	ADP
cjal-3217	108	19	central	central	ADJ
cjal-3217	108	20	control	control	NOUN
cjal-3217	108	21	immediately	immediately	ADV
cjal-3217	108	22	.	.	PUNCT
cjal-3217	109	1	the	the	DET
cjal-3217	109	2	other	other	ADJ
cjal-3217	109	3	3,500	3,500	NUM
cjal-3217	109	4	provincial	provincial	ADJ
cjal-3217	109	5	and	and	CCONJ
cjal-3217	109	6	municipal	municipal	ADJ
cjal-3217	109	7	banks	bank	NOUN
cjal-3217	109	8	came	come	VERB
cjal-3217	109	9	under	under	ADP
cjal-3217	109	10	central	central	ADJ
cjal-3217	109	11	control	control	NOUN
cjal-3217	109	12	,	,	PUNCT
cjal-3217	109	13	albeit	albeit	SCONJ
cjal-3217	109	14	it	it	PRON
cjal-3217	109	15	more	more	ADV
cjal-3217	109	16	slowly	slowly	ADV
cjal-3217	109	17	,	,	PUNCT
cjal-3217	109	18	through	through	ADP
cjal-3217	109	19	the	the	DET
cjal-3217	109	20	use	use	NOUN
cjal-3217	109	21	of	of	ADP
cjal-3217	109	22	higher	high	ADJ
cjal-3217	109	23	taxes	taxis	NOUN
cjal-3217	109	24	and	and	CCONJ
cjal-3217	109	25	wage	wage	NOUN
cjal-3217	109	26	contracts	contract	NOUN
cjal-3217	109	27	that	that	PRON
cjal-3217	109	28	forced	force	VERB
cjal-3217	109	29	privately	privately	ADV
cjal-3217	109	30	run	run	VERB
cjal-3217	109	31	institutions	institution	NOUN
cjal-3217	109	32	to	to	PART
cjal-3217	109	33	close	close	VERB
cjal-3217	109	34	or	or	CCONJ
cjal-3217	109	35	sell	sell	VERB
cjal-3217	109	36	out	out	ADP
cjal-3217	109	37	to	to	ADP
cjal-3217	109	38	the	the	DET
cjal-3217	109	39	state	state	NOUN
cjal-3217	109	40	.	.	PUNCT
cjal-3217	110	1	24	24	NUM
cjal-3217	110	2	see	see	VERB
cjal-3217	110	3	dipchand	dipchand	NOUN
cjal-3217	110	4	,	,	PUNCT
cjal-3217	110	5	supra	supra	PROPN
cjal-3217	110	6	note	note	PROPN
cjal-3217	110	7	22	22	NUM
cjal-3217	110	8	,	,	PUNCT
cjal-3217	110	9	at	at	ADP
cjal-3217	110	10	2.2	2.2	NUM
cjal-3217	110	11	see	see	NOUN
cjal-3217	110	12	i	i	PROPN
cjal-3217	110	13	d.	d.	PROPN
cjal-3217	110	14	at	at	ADP
cjal-3217	110	15	147	147	NUM
cjal-3217	110	16	.	.	PUNCT
cjal-3217	111	1	26	26	NUM
cjal-3217	111	2	see	see	VERB
cjal-3217	111	3	i	i	PRON
cjal-3217	111	4	d.	d.	PROPN
cjal-3217	111	5	at	at	ADP
cjal-3217	111	6	9	9	NUM
cjal-3217	111	7	(	(	PUNCT
cjal-3217	111	8	indicating	indicate	VERB
cjal-3217	111	9	that	that	SCONJ
cjal-3217	111	10	foreign	foreign	ADJ
cjal-3217	111	11	loans	loan	NOUN
cjal-3217	111	12	in	in	ADP
cjal-3217	111	13	china	china	PROPN
cjal-3217	111	14	's	's	PART
cjal-3217	111	15	first	first	ADJ
cjal-3217	111	16	five	five	NUM
cjal-3217	111	17	year	year	NOUN
cjal-3217	111	18	plan	plan	NOUN
cjal-3217	111	19	(	(	PUNCT
cjal-3217	111	20	1953	1953	NUM
cjal-3217	111	21	-	-	SYM
cjal-3217	111	22	1957	1957	NUM
cjal-3217	111	23	)	)	PUNCT
cjal-3217	111	24	accounted	account	VERB
cjal-3217	111	25	for	for	ADP
cjal-3217	111	26	only	only	ADV
cjal-3217	111	27	3	3	NUM
cjal-3217	111	28	%	%	NOUN
cjal-3217	111	29	of	of	ADP
cjal-3217	111	30	capital	capital	NOUN
cjal-3217	111	31	construction	construction	NOUN
cjal-3217	111	32	financing	financing	NOUN
cjal-3217	111	33	,	,	PUNCT
cjal-3217	111	34	most	most	ADJ
cjal-3217	111	35	of	of	ADP
cjal-3217	111	36	which	which	PRON
cjal-3217	111	37	came	come	VERB
cjal-3217	111	38	from	from	ADP
cjal-3217	111	39	the	the	DET
cjal-3217	111	40	soviet	soviet	PROPN
cjal-3217	111	41	union	union	PROPN
cjal-3217	111	42	until	until	SCONJ
cjal-3217	111	43	the	the	DET
cjal-3217	111	44	two	two	NUM
cjal-3217	111	45	nations	nation	NOUN
cjal-3217	111	46	encountered	encounter	VERB
cjal-3217	111	47	political	political	ADJ
cjal-3217	111	48	disagreements	disagreement	NOUN
cjal-3217	111	49	in	in	ADP
cjal-3217	111	50	1960	1960	NUM
cjal-3217	111	51	)	)	PUNCT
cjal-3217	111	52	.	.	PUNCT
cjal-3217	112	1	27	27	NUM
cjal-3217	112	2	see	see	VERB
cjal-3217	112	3	i	i	PRON
cjal-3217	112	4	d.	d.	PROPN
cjal-3217	112	5	at	at	ADP
cjal-3217	112	6	9	9	NUM
cjal-3217	112	7	;	;	PUNCT
cjal-3217	112	8	see	see	VERB
cjal-3217	112	9	also	also	ADV
cjal-3217	112	10	k.	k.	PROPN
cjal-3217	112	11	matthew	matthew	PROPN
cjal-3217	112	12	wong	wong	PROPN
cjal-3217	112	13	,	,	PUNCT
cjal-3217	112	14	securities	security	NOUN
cjal-3217	112	15	regulations	regulation	NOUN
cjal-3217	112	16	in	in	ADP
cjal-3217	112	17	china	china	PROPN
cjal-3217	112	18	and	and	CCONJ
cjal-3217	112	19	their	their	PRON
cjal-3217	112	20	corporate	corporate	ADJ
cjal-3217	112	21	finance	finance	NOUN
cjal-3217	112	22	implications	implication	NOUN
cjal-3217	112	23	on	on	ADP
cjal-3217	112	24	state	state	NOUN
cjal-3217	112	25	enterprise	enterprise	NOUN
cjal-3217	112	26	reform	reform	NOUN
cjal-3217	112	27	,	,	PUNCT
cjal-3217	112	28	65	65	NUM
cjal-3217	112	29	fordham	fordham	PROPN
cjal-3217	112	30	l.	l.	PROPN
cjal-3217	112	31	rev	rev	PROPN
cjal-3217	112	32	.	.	PROPN
cjal-3217	112	33	1221	1221	NUM
cjal-3217	112	34	,	,	PUNCT
cjal-3217	112	35	1227	1227	NUM
cjal-3217	112	36	(	(	PUNCT
cjal-3217	112	37	1996	1996	NUM
cjal-3217	112	38	)	)	PUNCT
cjal-3217	112	39	.	.	PUNCT
cjal-3217	113	1	28	28	NUM
cjal-3217	113	2	see	see	VERB
cjal-3217	113	3	i	i	PRON
cjal-3217	113	4	d.	d.	PROPN
cjal-3217	113	5	29	29	NUM
cjal-3217	113	6	see	see	VERB
cjal-3217	113	7	i	i	PRON
cjal-3217	113	8	d.	d.	PROPN
cjal-3217	113	9	30	30	NUM
cjal-3217	113	10	see	see	VERB
cjal-3217	113	11	skully	skully	ADV
cjal-3217	113	12	,	,	PUNCT
cjal-3217	113	13	supra	supra	PROPN
cjal-3217	113	14	note	note	PROPN
cjal-3217	113	15	19	19	NUM
cjal-3217	113	16	,	,	PUNCT
cjal-3217	113	17	at	at	ADP
cjal-3217	113	18	5	5	NUM
cjal-3217	113	19	.	.	SYM
cjal-3217	113	20	31	31	NUM
cjal-3217	113	21	see	see	NOUN
cjal-3217	113	22	dipchand	dipchand	NOUN
cjal-3217	113	23	,	,	PUNCT
cjal-3217	113	24	supra	supra	PROPN
cjal-3217	113	25	note	note	PROPN
cjal-3217	113	26	22	22	NUM
cjal-3217	113	27	,	,	PUNCT
cjal-3217	113	28	at	at	ADP
cjal-3217	113	29	15	15	NUM
cjal-3217	113	30	.	.	PUNCT
cjal-3217	113	31	32	32	NUM
cjal-3217	113	32	see	see	VERB
cjal-3217	113	33	i	i	PRON
cjal-3217	113	34	d.	d.	PROPN
cjal-3217	113	35	at	at	ADP
cjal-3217	113	36	11	11	NUM
cjal-3217	113	37	.	.	PUNCT
cjal-3217	114	1	33	33	NUM
cjal-3217	114	2	see	see	VERB
cjal-3217	114	3	i	i	PRON
cjal-3217	114	4	d.	d.	PROPN
cjal-3217	114	5	at	at	ADP
cjal-3217	114	6	13	13	NUM
cjal-3217	114	7	.	.	PUNCT
cjal-3217	115	1	34	34	NUM
cjal-3217	115	2	see	see	VERB
cjal-3217	115	3	i	i	PRON
cjal-3217	115	4	d.	d.	PROPN
cjal-3217	115	5	at	at	ADP
cjal-3217	115	6	15	15	NUM
cjal-3217	115	7	(	(	PUNCT
cjal-3217	115	8	indicating	indicate	VERB
cjal-3217	115	9	that	that	SCONJ
cjal-3217	115	10	some	some	DET
cjal-3217	115	11	20	20	NUM
cjal-3217	115	12	million	million	NUM
cjal-3217	115	13	chinese	chinese	PROPN
cjal-3217	115	14	were	be	AUX
cjal-3217	115	15	unemployed	unemployed	ADJ
cjal-3217	115	16	in	in	ADP
cjal-3217	115	17	1978	1978	NUM
cjal-3217	115	18	)	)	PUNCT
cjal-3217	115	19	.	.	PUNCT
cjal-3217	116	1	35	35	NUM
cjal-3217	116	2	see	see	VERB
cjal-3217	116	3	discussion	discussion	NOUN
cjal-3217	116	4	on	on	ADP
cjal-3217	116	5	ownership	ownership	NOUN
cjal-3217	116	6	,	,	PUNCT
cjal-3217	116	7	infra	infra	NOUN
cjal-3217	116	8	page	page	NOUN
cjal-3217	116	9	9	9	NUM
cjal-3217	116	10	.	.	PUNCT
cjal-3217	117	1	[	[	X
cjal-3217	117	2	16:1	16:1	NUM
cjal-3217	117	3	venture	venture	NOUN
cjal-3217	117	4	capital	capital	NOUN
cjal-3217	117	5	in	in	ADP
cjal-3217	117	6	china	china	PROPN
cjal-3217	117	7	productivity	productivity	PROPN
cjal-3217	117	8	required	require	VERB
cjal-3217	117	9	more	more	ADV
cjal-3217	117	10	diverse	diverse	ADJ
cjal-3217	117	11	financing	financing	NOUN
cjal-3217	117	12	options	option	NOUN
cjal-3217	117	13	and	and	CCONJ
cjal-3217	117	14	mandated	mandate	VERB
cjal-3217	117	15	that	that	SCONJ
cjal-3217	117	16	china	china	PROPN
cjal-3217	117	17	change	change	VERB
cjal-3217	117	18	its	its	PRON
cjal-3217	117	19	banking	banking	NOUN
cjal-3217	117	20	,	,	PUNCT
cjal-3217	117	21	securities	security	NOUN
cjal-3217	117	22	and	and	CCONJ
cjal-3217	117	23	foreign	foreign	ADJ
cjal-3217	117	24	financing	financing	NOUN
cjal-3217	117	25	structures	structure	NOUN
cjal-3217	117	26	in	in	ADP
cjal-3217	117	27	conjunction	conjunction	NOUN
cjal-3217	117	28	with	with	ADP
cjal-3217	117	29	its	its	PRON
cjal-3217	117	30	privatization	privatization	NOUN
cjal-3217	117	31	efforts	effort	NOUN
cjal-3217	117	32	.	.	PUNCT
cjal-3217	118	1	china	china	PROPN
cjal-3217	118	2	first	first	ADV
cjal-3217	118	3	restructured	restructure	VERB
cjal-3217	118	4	and	and	CCONJ
cjal-3217	118	5	broadened	broaden	VERB
cjal-3217	118	6	its	its	PRON
cjal-3217	118	7	banking	banking	NOUN
cjal-3217	118	8	system	system	NOUN
cjal-3217	118	9	.	.	PUNCT
cjal-3217	119	1	36	36	NUM
cjal-3217	119	2	mao	mao	PROPN
cjal-3217	119	3	's	's	PART
cjal-3217	119	4	mono	mono	NOUN
cjal-3217	119	5	-	-	PUNCT
cjal-3217	119	6	banking	banking	NOUN
cjal-3217	119	7	program	program	NOUN
cjal-3217	119	8	was	be	AUX
cjal-3217	119	9	divided	divide	VERB
cjal-3217	119	10	into	into	ADP
cjal-3217	119	11	two	two	NUM
cjal-3217	119	12	tiers	tier	NOUN
cjal-3217	119	13	,	,	PUNCT
cjal-3217	119	14	a	a	DET
cjal-3217	119	15	tier	tier	NOUN
cjal-3217	119	16	one	one	NUM
cjal-3217	119	17	central	central	ADJ
cjal-3217	119	18	bank	bank	NOUN
cjal-3217	119	19	that	that	PRON
cjal-3217	119	20	oversaw	oversee	VERB
cjal-3217	119	21	the	the	DET
cjal-3217	119	22	tier	tier	NOUN
cjal-3217	119	23	two	two	NUM
cjal-3217	119	24	commercial	commercial	ADJ
cjal-3217	119	25	banking	banking	NOUN
cjal-3217	119	26	elements.37	elements.37	NOUN
cjal-3217	119	27	the	the	DET
cjal-3217	119	28	general	general	ADJ
cjal-3217	119	29	focus	focus	NOUN
cjal-3217	119	30	for	for	ADP
cjal-3217	119	31	china	china	PROPN
cjal-3217	119	32	was	be	AUX
cjal-3217	119	33	to	to	PART
cjal-3217	119	34	commercialize	commercialize	VERB
cjal-3217	119	35	its	its	PRON
cjal-3217	119	36	state	state	NOUN
cjal-3217	119	37	banking	banking	NOUN
cjal-3217	119	38	operations.38	operations.38	NOUN
cjal-3217	119	39	these	these	DET
cjal-3217	119	40	new	new	ADJ
cjal-3217	119	41	specialized	specialized	ADJ
cjal-3217	119	42	banks	bank	NOUN
cjal-3217	119	43	were	be	AUX
cjal-3217	119	44	now	now	ADV
cjal-3217	119	45	responsible	responsible	ADJ
cjal-3217	119	46	for	for	ADP
cjal-3217	119	47	their	their	PRON
cjal-3217	119	48	own	own	ADJ
cjal-3217	119	49	profits	profit	NOUN
cjal-3217	119	50	and	and	CCONJ
cjal-3217	119	51	losses	loss	NOUN
cjal-3217	119	52	and	and	CCONJ
cjal-3217	119	53	had	have	VERB
cjal-3217	119	54	to	to	PART
cjal-3217	119	55	replace	replace	VERB
cjal-3217	119	56	budgetary	budgetary	ADJ
cjal-3217	119	57	grants	grant	NOUN
cjal-3217	119	58	with	with	ADP
cjal-3217	119	59	interestbearing	interestbearing	ADJ
cjal-3217	119	60	loans.39	loans.39	NOUN
cjal-3217	119	61	in	in	ADP
cjal-3217	119	62	addition	addition	NOUN
cjal-3217	119	63	,	,	PUNCT
cjal-3217	119	64	newly	newly	ADV
cjal-3217	119	65	formed	form	VERB
cjal-3217	119	66	comprehensive	comprehensive	ADJ
cjal-3217	119	67	banks	bank	NOUN
cjal-3217	119	68	at	at	ADP
cjal-3217	119	69	the	the	DET
cjal-3217	119	70	36	36	NUM
cjal-3217	119	71	see	see	NOUN
cjal-3217	119	72	xu	xu	INTJ
cjal-3217	119	73	,	,	PUNCT
cjal-3217	119	74	supra	supra	PROPN
cjal-3217	119	75	note	note	PROPN
cjal-3217	119	76	21	21	NUM
cjal-3217	119	77	,	,	PUNCT
cjal-3217	119	78	at	at	ADP
cjal-3217	119	79	30	30	NUM
cjal-3217	119	80	.	.	PUNCT
cjal-3217	120	1	although	although	SCONJ
cjal-3217	120	2	china	china	PROPN
cjal-3217	120	3	has	have	AUX
cjal-3217	120	4	greatly	greatly	ADV
cjal-3217	120	5	expanded	expand	VERB
cjal-3217	120	6	its	its	PRON
cjal-3217	120	7	banking	banking	NOUN
cjal-3217	120	8	options	option	NOUN
cjal-3217	120	9	,	,	PUNCT
cjal-3217	120	10	xu	xu	PROPN
cjal-3217	120	11	's	's	PART
cjal-3217	120	12	table	table	NOUN
cjal-3217	120	13	on	on	ADP
cjal-3217	120	14	the	the	DET
cjal-3217	120	15	structure	structure	NOUN
cjal-3217	120	16	of	of	ADP
cjal-3217	120	17	the	the	DET
cjal-3217	120	18	banking	banking	NOUN
cjal-3217	120	19	system	system	NOUN
cjal-3217	120	20	as	as	ADP
cjal-3217	120	21	of	of	ADP
cjal-3217	120	22	1992	1992	NUM
cjal-3217	120	23	indicates	indicate	VERB
cjal-3217	120	24	that	that	SCONJ
cjal-3217	120	25	the	the	DET
cjal-3217	120	26	majority	majority	NOUN
cjal-3217	120	27	of	of	ADP
cjal-3217	120	28	china	china	PROPN
cjal-3217	120	29	's	's	PART
cjal-3217	120	30	banking	banking	NOUN
cjal-3217	120	31	infrastructure	infrastructure	NOUN
cjal-3217	120	32	still	still	ADV
cjal-3217	120	33	falls	fall	VERB
cjal-3217	120	34	under	under	ADP
cjal-3217	120	35	the	the	DET
cjal-3217	120	36	domain	domain	NOUN
cjal-3217	120	37	of	of	ADP
cjal-3217	120	38	china	china	PROPN
cjal-3217	120	39	's	's	PART
cjal-3217	120	40	four	four	NUM
cjal-3217	120	41	specialized	specialized	ADJ
cjal-3217	120	42	banks	bank	NOUN
cjal-3217	120	43	:	:	PUNCT
cjal-3217	120	44	bank	bank	NOUN
cjal-3217	120	45	no	no	INTJ
cjal-3217	120	46	.	.	PUNCT
cjal-3217	121	1	of	of	ADP
cjal-3217	121	2	no	no	INTJ
cjal-3217	121	3	.	.	PUNCT
cjal-3217	122	1	of	of	ADP
cjal-3217	122	2	employees	employee	NOUN
cjal-3217	122	3	branches	branch	NOUN
cjal-3217	122	4	/	/	SYM
cjal-3217	122	5	subsidiaries	subsidiary	NOUN
cjal-3217	122	6	people	people	NOUN
cjal-3217	122	7	's	's	PART
cjal-3217	122	8	bank	bank	PROPN
cjal-3217	122	9	of	of	ADP
cjal-3217	122	10	china	china	PROPN
cjal-3217	122	11	(	(	PUNCT
cjal-3217	122	12	central	central	PROPN
cjal-3217	122	13	bank	bank	NOUN
cjal-3217	122	14	)	)	PUNCT
cjal-3217	122	15	2,550	2,550	NUM
cjal-3217	122	16	173,692	173,692	NUM
cjal-3217	122	17	specialized	specialized	ADJ
cjal-3217	122	18	banks	bank	NOUN
cjal-3217	122	19	agricultural	agricultural	PROPN
cjal-3217	122	20	bank	bank	PROPN
cjal-3217	122	21	56,417	56,417	NUM
cjal-3217	122	22	503,397	503,397	NUM
cjal-3217	122	23	bank	bank	NOUN
cjal-3217	122	24	of	of	ADP
cjal-3217	122	25	china	china	PROPN
cjal-3217	122	26	7,110	7,110	NUM
cjal-3217	122	27	117,886	117,886	NUM
cjal-3217	122	28	industrial	industrial	ADJ
cjal-3217	122	29	bank	bank	NOUN
cjal-3217	122	30	31,495	31,495	NUM
cjal-3217	122	31	525,297	525,297	NUM
cjal-3217	122	32	construction	construction	NOUN
cjal-3217	122	33	bank	bank	NOUN
cjal-3217	122	34	28,139	28,139	NUM
cjal-3217	122	35	280,214	280,214	NUM
cjal-3217	122	36	comprehensive	comprehensive	ADJ
cjal-3217	122	37	banks	bank	NOUN
cjal-3217	122	38	bank	bank	PROPN
cjal-3217	122	39	of	of	ADP
cjal-3217	122	40	communications	communication	NOUN
cjal-3217	122	41	547	547	NUM
cjal-3217	122	42	23,973	23,973	NUM
cjal-3217	122	43	citic	citic	ADJ
cjal-3217	122	44	11	11	NUM
cjal-3217	122	45	600	600	NUM
cjal-3217	122	46	development	development	NOUN
cjal-3217	122	47	banks	bank	NOUN
cjal-3217	122	48	china	china	PROPN
cjal-3217	122	49	investment	investment	PROPN
cjal-3217	122	50	bank	bank	PROPN
cjal-3217	122	51	n	n	CCONJ
cjal-3217	122	52	/	/	SYM
cjal-3217	122	53	a	a	DET
cjal-3217	122	54	n	n	CCONJ
cjal-3217	122	55	/	/	SYM
cjal-3217	122	56	a	a	DET
cjal-3217	122	57	credit	credit	NOUN
cjal-3217	122	58	cooperatives	cooperative	NOUN
cjal-3217	122	59	rural	rural	VERB
cjal-3217	122	60	5,937	5,937	NUM
cjal-3217	122	61	563,169	563,169	NUM
cjal-3217	122	62	urban	urban	ADJ
cjal-3217	122	63	3,518	3,518	NUM
cjal-3217	122	64	77,382	77,382	NUM
cjal-3217	122	65	foreign	foreign	ADJ
cjal-3217	122	66	funded	fund	VERB
cjal-3217	122	67	banks	bank	NOUN
cjal-3217	122	68	foreign	foreign	ADJ
cjal-3217	122	69	bank	bank	NOUN
cjal-3217	122	70	branches	branch	NOUN
cjal-3217	122	71	90	90	NUM
cjal-3217	122	72	n	n	NUM
cjal-3217	122	73	/	/	SYM
cjal-3217	122	74	a	a	DET
cjal-3217	122	75	foreign	foreign	ADJ
cjal-3217	122	76	joint	joint	ADJ
cjal-3217	122	77	venture	venture	NOUN
cjal-3217	122	78	banks	bank	NOUN
cjal-3217	122	79	n	n	CCONJ
cjal-3217	122	80	/	/	SYM
cjal-3217	122	81	a	a	DET
cjal-3217	122	82	n	n	CCONJ
cjal-3217	122	83	/	/	SYM
cjal-3217	122	84	a	a	DET
cjal-3217	122	85	foreign	foreign	PROPN
cjal-3217	122	86	bank	bank	PROPN
cjal-3217	122	87	rep	rep	PROPN
cjal-3217	122	88	.	.	PROPN
cjal-3217	122	89	offices	office	NOUN
cjal-3217	122	90	215	215	NUM
cjal-3217	122	91	n	n	NOUN
cjal-3217	122	92	/	/	SYM
cjal-3217	122	93	a	a	DET
cjal-3217	122	94	non	non	ADJ
cjal-3217	122	95	-	-	ADJ
cjal-3217	122	96	bank	bank	ADJ
cjal-3217	122	97	financial	financial	ADJ
cjal-3217	122	98	institutions	institution	NOUN
cjal-3217	122	99	trust	trust	PROPN
cjal-3217	122	100	&	&	CCONJ
cjal-3217	122	101	investment	investment	NOUN
cjal-3217	122	102	companies	company	NOUN
cjal-3217	122	103	375	375	NUM
cjal-3217	122	104	46,378	46,378	NUM
cjal-3217	122	105	people	people	NOUN
cjal-3217	122	106	's	's	PART
cjal-3217	122	107	insurance	insurance	NOUN
cjal-3217	122	108	company	company	NOUN
cjal-3217	122	109	4,237	4,237	NUM
cjal-3217	122	110	105,638	105,638	NUM
cjal-3217	122	111	finance	finance	NOUN
cjal-3217	122	112	companies	company	NOUN
cjal-3217	122	113	n	n	CCONJ
cjal-3217	122	114	/	/	SYM
cjal-3217	122	115	a	a	DET
cjal-3217	122	116	n	n	CCONJ
cjal-3217	122	117	/	/	SYM
cjal-3217	122	118	a	a	DET
cjal-3217	122	119	financial	financial	ADJ
cjal-3217	122	120	leasing	leasing	NOUN
cjal-3217	122	121	companies	company	NOUN
cjal-3217	122	122	n	n	CCONJ
cjal-3217	122	123	/	/	SYM
cjal-3217	122	124	a	a	DET
cjal-3217	122	125	n	n	CCONJ
cjal-3217	122	126	/	/	SYM
cjal-3217	122	127	a	a	DET
cjal-3217	122	128	securities	security	NOUN
cjal-3217	122	129	companies	company	NOUN
cjal-3217	122	130	85	85	NUM
cjal-3217	122	131	n	n	CCONJ
cjal-3217	122	132	/	/	SYM
cjal-3217	122	133	a	a	DET
cjal-3217	122	134	see	see	NOUN
cjal-3217	122	135	also	also	ADV
cjal-3217	122	136	simon	simon	PROPN
cjal-3217	122	137	pritchard	pritchard	PROPN
cjal-3217	122	138	,	,	PUNCT
cjal-3217	122	139	strength	strength	NOUN
cjal-3217	122	140	lies	lie	VERB
cjal-3217	122	141	in	in	ADP
cjal-3217	122	142	masses	masse	NOUN
cjal-3217	122	143	,	,	PUNCT
cjal-3217	122	144	s.	s.	PROPN
cjal-3217	122	145	china	china	PROPN
cjal-3217	122	146	morning	morning	PROPN
cjal-3217	122	147	post	post	PROPN
cjal-3217	122	148	,	,	PUNCT
cjal-3217	122	149	may	may	AUX
cjal-3217	122	150	10	10	NUM
cjal-3217	122	151	,	,	PUNCT
cjal-3217	122	152	2001	2001	NUM
cjal-3217	122	153	at	at	ADP
cjal-3217	122	154	12	12	NUM
cjal-3217	122	155	(	(	PUNCT
cjal-3217	122	156	noting	note	VERB
cjal-3217	122	157	that	that	SCONJ
cjal-3217	122	158	chinese	chinese	ADJ
cjal-3217	122	159	banks	bank	NOUN
cjal-3217	122	160	account	account	VERB
cjal-3217	122	161	for	for	ADP
cjal-3217	122	162	80	80	NUM
cjal-3217	122	163	%	%	NOUN
cjal-3217	122	164	of	of	ADP
cjal-3217	122	165	corporate	corporate	ADJ
cjal-3217	122	166	financing	financing	NOUN
cjal-3217	122	167	in	in	ADP
cjal-3217	122	168	china	china	PROPN
cjal-3217	122	169	)	)	PUNCT
cjal-3217	122	170	.	.	PUNCT
cjal-3217	123	1	37	37	NUM
cjal-3217	123	2	see	see	VERB
cjal-3217	123	3	xu	xu	PROPN
cjal-3217	123	4	,	,	PUNCT
cjal-3217	123	5	supra	supra	PROPN
cjal-3217	123	6	note	note	PROPN
cjal-3217	123	7	21	21	NUM
cjal-3217	123	8	,	,	PUNCT
cjal-3217	123	9	at	at	ADP
cjal-3217	123	10	19.38	19.38	NUM
cjal-3217	123	11	see	see	NOUN
cjal-3217	123	12	paul	paul	PROPN
cjal-3217	123	13	heytens	heyten	NOUN
cjal-3217	123	14	and	and	CCONJ
cjal-3217	123	15	cem	cem	NOUN
cjal-3217	123	16	karacadag	karacadag	PROPN
cjal-3217	123	17	,	,	PUNCT
cjal-3217	123	18	an	an	DET
cjal-3217	123	19	attempt	attempt	NOUN
cjal-3217	123	20	to	to	PART
cjal-3217	123	21	profile	profile	VERB
cjal-3217	123	22	the	the	DET
cjal-3217	123	23	finances	finance	NOUN
cjal-3217	123	24	of	of	ADP
cjal-3217	123	25	china	china	PROPN
cjal-3217	123	26	's	's	PART
cjal-3217	123	27	enterprise	enterprise	NOUN
cjal-3217	123	28	sector4	sector4	NOUN
cjal-3217	123	29	(	(	PUNCT
cjal-3217	123	30	int'l	int'l	NOUN
cjal-3217	123	31	.	.	PUNCT
cjal-3217	123	32	monetary	monetary	ADJ
cjal-3217	123	33	fund	fund	PROPN
cjal-3217	123	34	,	,	PUNCT
cjal-3217	123	35	working	work	VERB
cjal-3217	123	36	paper	paper	PROPN
cjal-3217	123	37	wp/01/182	wp/01/182	PROPN
cjal-3217	123	38	,	,	PUNCT
cjal-3217	123	39	nov	nov	PROPN
cjal-3217	123	40	.	.	PROPN
cjal-3217	123	41	2001	2001	NUM
cjal-3217	123	42	)	)	PUNCT
cjal-3217	123	43	.	.	PUNCT
cjal-3217	124	1	39	39	NUM
cjal-3217	124	2	see	see	VERB
cjal-3217	124	3	id	id	INTJ
cjal-3217	124	4	..	..	PUNCT
cjal-3217	124	5	at	at	ADP
cjal-3217	124	6	23	23	NUM
cjal-3217	124	7	-	-	SYM
cjal-3217	124	8	26	26	NUM
cjal-3217	124	9	(	(	PUNCT
cjal-3217	124	10	discussing	discuss	VERB
cjal-3217	124	11	the	the	DET
cjal-3217	124	12	new	new	ADJ
cjal-3217	124	13	responsibility	responsibility	NOUN
cjal-3217	124	14	of	of	ADP
cjal-3217	124	15	the	the	DET
cjal-3217	124	16	agricultural	agricultural	ADJ
cjal-3217	124	17	bank	bank	PROPN
cjal-3217	124	18	of	of	ADP
cjal-3217	124	19	china	china	PROPN
cjal-3217	124	20	,	,	PUNCT
cjal-3217	124	21	the	the	DET
cjal-3217	124	22	industrial	industrial	ADJ
cjal-3217	124	23	and	and	CCONJ
cjal-3217	124	24	commercial	commercial	ADJ
cjal-3217	124	25	bank	bank	PROPN
cjal-3217	124	26	of	of	ADP
cjal-3217	124	27	china	china	PROPN
cjal-3217	124	28	,	,	PUNCT
cjal-3217	124	29	the	the	DET
cjal-3217	124	30	bank	bank	NOUN
cjal-3217	124	31	of	of	ADP
cjal-3217	124	32	china	china	PROPN
cjal-3217	124	33	and	and	CCONJ
cjal-3217	124	34	the	the	DET
cjal-3217	124	35	people	people	NOUN
cjal-3217	124	36	's	's	PART
cjal-3217	124	37	construction	construction	PROPN
cjal-3217	124	38	bank	bank	PROPN
cjal-3217	124	39	of	of	ADP
cjal-3217	124	40	china	china	PROPN
cjal-3217	124	41	and	and	CCONJ
cjal-3217	124	42	indicating	indicate	VERB
cjal-3217	124	43	that	that	SCONJ
cjal-3217	124	44	bank	bank	NOUN
cjal-3217	124	45	lending	lending	NOUN
cjal-3217	124	46	increased	increase	VERB
cjal-3217	124	47	from	from	ADP
cjal-3217	124	48	a	a	DET
cjal-3217	124	49	tiny	tiny	ADJ
cjal-3217	124	50	share	share	NOUN
cjal-3217	124	51	of	of	ADP
cjal-3217	124	52	capital	capital	NOUN
cjal-3217	124	53	investment	investment	NOUN
cjal-3217	124	54	in	in	ADP
cjal-3217	124	55	1979	1979	NUM
cjal-3217	124	56	to	to	ADP
cjal-3217	124	57	80	80	NUM
cjal-3217	124	58	%	%	NOUN
cjal-3217	124	59	by	by	ADP
cjal-3217	124	60	1985	1985	NUM
cjal-3217	124	61	)	)	PUNCT
cjal-3217	124	62	.	.	PUNCT
cjal-3217	125	1	20021	20021	NUM
cjal-3217	125	2	columbia	columbia	PROPN
cjal-3217	125	3	journal	journal	PROPN
cjal-3217	125	4	of	of	ADP
cjal-3217	125	5	asian	asian	PROPN
cjal-3217	125	6	la	la	PROPN
cjal-3217	125	7	w	w	PROPN
cjal-3217	125	8	national	national	ADJ
cjal-3217	125	9	and	and	CCONJ
cjal-3217	125	10	local	local	ADJ
cjal-3217	125	11	levels	level	NOUN
cjal-3217	125	12	offered	offer	VERB
cjal-3217	125	13	enterprises	enterprise	NOUN
cjal-3217	125	14	a	a	DET
cjal-3217	125	15	second	second	ADJ
cjal-3217	125	16	financing	financing	NOUN
cjal-3217	125	17	source	source	NOUN
cjal-3217	125	18	.	.	PUNCT
cjal-3217	125	19	'	'	PUNCT
cjal-3217	126	1	these	these	DET
cjal-3217	126	2	institutions	institution	NOUN
cjal-3217	126	3	were	be	AUX
cjal-3217	126	4	important	important	ADJ
cjal-3217	126	5	because	because	SCONJ
cjal-3217	126	6	they	they	PRON
cjal-3217	126	7	attracted	attract	VERB
cjal-3217	126	8	foreign	foreign	ADJ
cjal-3217	126	9	capital	capital	NOUN
cjal-3217	126	10	again	again	ADV
cjal-3217	126	11	and	and	CCONJ
cjal-3217	126	12	focused	focus	VERB
cjal-3217	126	13	investment	investment	NOUN
cjal-3217	126	14	into	into	ADP
cjal-3217	126	15	projects	project	NOUN
cjal-3217	126	16	that	that	PRON
cjal-3217	126	17	introduced	introduce	VERB
cjal-3217	126	18	technology	technology	NOUN
cjal-3217	126	19	,	,	PUNCT
cjal-3217	126	20	equipment	equipment	NOUN
cjal-3217	126	21	and	and	CCONJ
cjal-3217	126	22	management	management	NOUN
cjal-3217	126	23	skills	skill	NOUN
cjal-3217	126	24	from	from	ADP
cjal-3217	126	25	overseas	overseas	ADV
cjal-3217	126	26	.	.	PUNCT
cjal-3217	127	1	"	"	PUNCT
cjal-3217	127	2	'	'	PUNCT
cjal-3217	127	3	urban	urban	ADJ
cjal-3217	127	4	and	and	CCONJ
cjal-3217	127	5	rural	rural	ADJ
cjal-3217	127	6	credit	credit	NOUN
cjal-3217	127	7	cooperatives	cooperative	NOUN
cjal-3217	127	8	also	also	ADV
cjal-3217	127	9	offered	offer	VERB
cjal-3217	127	10	yet	yet	ADV
cjal-3217	127	11	another	another	PRON
cjal-3217	127	12	,	,	PUNCT
cjal-3217	127	13	locally	locally	ADV
cjal-3217	127	14	based	base	VERB
cjal-3217	127	15	opportunity	opportunity	NOUN
cjal-3217	127	16	for	for	SCONJ
cjal-3217	127	17	smaller	small	ADJ
cjal-3217	127	18	businesses	business	NOUN
cjal-3217	127	19	to	to	PART
cjal-3217	127	20	acquire	acquire	VERB
cjal-3217	127	21	badly	badly	ADV
cjal-3217	127	22	needed	need	VERB
cjal-3217	127	23	capital	capital	NOUN
cjal-3217	127	24	.	.	PUNCT
cjal-3217	127	25	"	"	PUNCT
cjal-3217	128	1	in	in	ADP
cjal-3217	128	2	addition	addition	NOUN
cjal-3217	128	3	to	to	ADP
cjal-3217	128	4	these	these	DET
cjal-3217	128	5	credit	credit	NOUN
cjal-3217	128	6	market	market	NOUN
cjal-3217	128	7	improvements	improvement	NOUN
cjal-3217	128	8	,	,	PUNCT
cjal-3217	128	9	china	china	PROPN
cjal-3217	128	10	's	's	PART
cjal-3217	128	11	government	government	NOUN
cjal-3217	128	12	resurrected	resurrect	VERB
cjal-3217	128	13	its	its	PRON
cjal-3217	128	14	long	long	ADJ
cjal-3217	128	15	absent	absent	ADJ
cjal-3217	128	16	securities	security	NOUN
cjal-3217	128	17	market	market	NOUN
cjal-3217	128	18	to	to	PART
cjal-3217	128	19	further	far	ADV
cjal-3217	128	20	extricate	extricate	VERB
cjal-3217	128	21	itself	itself	PRON
cjal-3217	128	22	from	from	ADP
cjal-3217	128	23	state	state	NOUN
cjal-3217	128	24	-	-	PUNCT
cjal-3217	128	25	owned	own	VERB
cjal-3217	128	26	enterprise	enterprise	NOUN
cjal-3217	128	27	losses	loss	NOUN
cjal-3217	128	28	and	and	CCONJ
cjal-3217	128	29	to	to	PART
cjal-3217	128	30	better	well	ADV
cjal-3217	128	31	utilize	utilize	VERB
cjal-3217	128	32	china	china	PROPN
cjal-3217	128	33	's	's	PART
cjal-3217	128	34	large	large	ADJ
cjal-3217	128	35	private	private	ADJ
cjal-3217	128	36	savings	saving	NOUN
cjal-3217	128	37	base	base	NOUN
cjal-3217	128	38	.	.	PUNCT
cjal-3217	129	1	41	41	NUM
cjal-3217	129	2	in	in	ADP
cjal-3217	129	3	1986	1986	NUM
cjal-3217	129	4	,	,	PUNCT
cjal-3217	129	5	securities	security	NOUN
cjal-3217	129	6	trading	trading	NOUN
cjal-3217	129	7	recommenced	recommence	VERB
cjal-3217	129	8	in	in	ADP
cjal-3217	129	9	a	a	DET
cjal-3217	129	10	limited	limited	ADJ
cjal-3217	129	11	number	number	NOUN
cjal-3217	129	12	of	of	ADP
cjal-3217	129	13	select	select	ADJ
cjal-3217	129	14	chinese	chinese	ADJ
cjal-3217	129	15	cities	city	NOUN
cjal-3217	129	16	.	.	PUNCT
cjal-3217	129	17	'	'	PUNCT
cjal-3217	130	1	by	by	ADP
cjal-3217	130	2	1990	1990	NUM
cjal-3217	130	3	,	,	PUNCT
cjal-3217	130	4	china	china	PROPN
cjal-3217	130	5	opened	open	VERB
cjal-3217	130	6	its	its	PRON
cjal-3217	130	7	first	first	ADJ
cjal-3217	130	8	national	national	ADJ
cjal-3217	130	9	exchange	exchange	NOUN
cjal-3217	130	10	in	in	ADP
cjal-3217	130	11	shanghai	shanghai	PROPN
cjal-3217	130	12	and	and	CCONJ
cjal-3217	130	13	a	a	DET
cjal-3217	130	14	second	second	ADJ
cjal-3217	130	15	six	six	NUM
cjal-3217	130	16	months	month	NOUN
cjal-3217	130	17	later	later	ADV
cjal-3217	130	18	in	in	ADP
cjal-3217	130	19	shenzhen.45	shenzhen.45	VERB
cjal-3217	130	20	smaller	small	ADJ
cjal-3217	130	21	regional	regional	ADJ
cjal-3217	130	22	exchanges	exchange	NOUN
cjal-3217	130	23	also	also	ADV
cjal-3217	130	24	opened	open	VERB
cjal-3217	130	25	in	in	ADP
cjal-3217	130	26	shenyang	shenyang	PROPN
cjal-3217	130	27	,	,	PUNCT
cjal-3217	130	28	wuhan	wuhan	PROPN
cjal-3217	130	29	,	,	PUNCT
cjal-3217	130	30	tianjin	tianjin	PROPN
cjal-3217	130	31	and	and	CCONJ
cjal-3217	130	32	dalian.46	dalian.46	VERB
cjal-3217	130	33	these	these	DET
cjal-3217	130	34	new	new	ADJ
cjal-3217	130	35	securities	security	NOUN
cjal-3217	130	36	markets	market	NOUN
cjal-3217	130	37	meant	mean	VERB
cjal-3217	130	38	that	that	SCONJ
cjal-3217	130	39	,	,	PUNCT
cjal-3217	130	40	for	for	ADP
cjal-3217	130	41	the	the	DET
cjal-3217	130	42	first	first	ADJ
cjal-3217	130	43	time	time	NOUN
cjal-3217	130	44	,	,	PUNCT
cjal-3217	130	45	enterprises	enterprise	NOUN
cjal-3217	130	46	could	could	AUX
cjal-3217	130	47	utilize	utilize	VERB
cjal-3217	130	48	funds	fund	NOUN
cjal-3217	130	49	beyond	beyond	ADP
cjal-3217	130	50	the	the	DET
cjal-3217	130	51	limitations	limitation	NOUN
cjal-3217	130	52	of	of	ADP
cjal-3217	130	53	state	state	NOUN
cjal-3217	130	54	appropriations	appropriation	NOUN
cjal-3217	130	55	.	.	PUNCT
cjal-3217	131	1	further	far	ADV
cjal-3217	131	2	diversifying	diversify	VERB
cjal-3217	131	3	its	its	PRON
cjal-3217	131	4	financial	financial	ADJ
cjal-3217	131	5	configuration	configuration	NOUN
cjal-3217	131	6	,	,	PUNCT
cjal-3217	131	7	china	china	PROPN
cjal-3217	131	8	's	's	PART
cjal-3217	131	9	open	open	ADJ
cjal-3217	131	10	-	-	PUNCT
cjal-3217	131	11	door	door	NOUN
cjal-3217	131	12	policy	policy	NOUN
cjal-3217	131	13	encouraged	encourage	VERB
cjal-3217	131	14	the	the	DET
cjal-3217	131	15	return	return	NOUN
cjal-3217	131	16	of	of	ADP
cjal-3217	131	17	foreign	foreign	ADJ
cjal-3217	131	18	financing	financing	NOUN
cjal-3217	131	19	through	through	ADP
cjal-3217	131	20	increased	increase	VERB
cjal-3217	131	21	export	export	NOUN
cjal-3217	131	22	earnings	earning	NOUN
cjal-3217	131	23	,	,	PUNCT
cjal-3217	131	24	foreign	foreign	ADJ
cjal-3217	131	25	direct	direct	ADJ
cjal-3217	131	26	investment	investment	NOUN
cjal-3217	131	27	(	(	PUNCT
cjal-3217	131	28	fdi	fdi	NOUN
cjal-3217	131	29	)	)	PUNCT
cjal-3217	131	30	and	and	CCONJ
cjal-3217	131	31	foreign	foreign	ADJ
cjal-3217	131	32	capital	capital	NOUN
cjal-3217	131	33	inflows	inflow	NOUN
cjal-3217	131	34	.	.	PUNCT
cjal-3217	131	35	"	"	PUNCT
cjal-3217	132	1	in	in	ADP
cjal-3217	132	2	china	china	PROPN
cjal-3217	132	3	's	's	PART
cjal-3217	132	4	first	first	ADJ
cjal-3217	132	5	decade	decade	NOUN
cjal-3217	132	6	of	of	ADP
cjal-3217	132	7	liberalization	liberalization	NOUN
cjal-3217	132	8	,	,	PUNCT
cjal-3217	132	9	80	80	NUM
cjal-3217	132	10	%	%	NOUN
cjal-3217	132	11	of	of	ADP
cjal-3217	132	12	these	these	DET
cjal-3217	132	13	foreign	foreign	ADJ
cjal-3217	132	14	resources	resource	NOUN
cjal-3217	132	15	came	come	VERB
cjal-3217	132	16	from	from	ADP
cjal-3217	132	17	export	export	NOUN
cjal-3217	132	18	earnings	earning	NOUN
cjal-3217	132	19	,	,	PUNCT
cjal-3217	132	20	10	10	NUM
cjal-3217	132	21	%	%	NOUN
cjal-3217	132	22	from	from	ADP
cjal-3217	132	23	foreign	foreign	ADJ
cjal-3217	132	24	lending	lending	NOUN
cjal-3217	132	25	,	,	PUNCT
cjal-3217	132	26	of	of	ADP
cjal-3217	132	27	which	which	PRON
cjal-3217	132	28	most	most	ADV
cjal-3217	132	29	went	go	VERB
cjal-3217	132	30	to	to	ADP
cjal-3217	132	31	commercial	commercial	ADJ
cjal-3217	132	32	lending	lending	NOUN
cjal-3217	132	33	,	,	PUNCT
cjal-3217	132	34	and	and	CCONJ
cjal-3217	132	35	6	6	NUM
cjal-3217	132	36	%	%	NOUN
cjal-3217	132	37	from	from	ADP
cjal-3217	132	38	fdi.4	fdi.4	NOUN
cjal-3217	132	39	"	"	PUNCT
cjal-3217	132	40	in	in	ADP
cjal-3217	132	41	the	the	DET
cjal-3217	132	42	second	second	ADJ
cjal-3217	132	43	decade	decade	NOUN
cjal-3217	132	44	,	,	PUNCT
cjal-3217	132	45	however	however	ADV
cjal-3217	132	46	,	,	PUNCT
cjal-3217	132	47	fdi	fdi	NOUN
cjal-3217	132	48	became	become	VERB
cjal-3217	132	49	much	much	ADV
cjal-3217	132	50	more	more	ADV
cjal-3217	132	51	important	important	ADJ
cjal-3217	132	52	,	,	PUNCT
cjal-3217	132	53	accounting	account	VERB
cjal-3217	132	54	for	for	ADP
cjal-3217	132	55	nearly	nearly	ADV
cjal-3217	132	56	65	65	NUM
cjal-3217	132	57	%	%	NOUN
cjal-3217	132	58	of	of	ADP
cjal-3217	132	59	all	all	DET
cjal-3217	132	60	foreign	foreign	ADJ
cjal-3217	132	61	capital	capital	NOUN
cjal-3217	132	62	inflows	inflow	NOUN
cjal-3217	132	63	,	,	PUNCT
cjal-3217	132	64	while	while	SCONJ
cjal-3217	132	65	foreign	foreign	ADJ
cjal-3217	132	66	lending	lending	NOUN
cjal-3217	132	67	fell	fall	VERB
cjal-3217	132	68	to	to	ADP
cjal-3217	132	69	40	40	NUM
cjal-3217	132	70	see	see	VERB
cjal-3217	132	71	i	i	PRON
cjal-3217	132	72	d.	d.	PROPN
cjal-3217	132	73	at	at	ADP
cjal-3217	132	74	26	26	NUM
cjal-3217	132	75	-	-	SYM
cjal-3217	132	76	27	27	NUM
cjal-3217	132	77	(	(	PUNCT
cjal-3217	132	78	noting	note	VERB
cjal-3217	132	79	the	the	DET
cjal-3217	132	80	bank	bank	NOUN
cjal-3217	132	81	of	of	ADP
cjal-3217	132	82	communications	communication	NOUN
cjal-3217	132	83	and	and	CCONJ
cjal-3217	132	84	the	the	DET
cjal-3217	132	85	china	china	PROPN
cjal-3217	132	86	international	international	PROPN
cjal-3217	132	87	trust	trust	PROPN
cjal-3217	132	88	and	and	CCONJ
cjal-3217	132	89	investment	investment	NOUN
cjal-3217	132	90	corporation	corporation	NOUN
cjal-3217	132	91	(	(	PUNCT
cjal-3217	132	92	citic	citic	ADJ
cjal-3217	132	93	)	)	PUNCT
cjal-3217	132	94	existed	exist	VERB
cjal-3217	132	95	at	at	ADP
cjal-3217	132	96	the	the	DET
cjal-3217	132	97	national	national	ADJ
cjal-3217	132	98	level	level	NOUN
cjal-3217	132	99	while	while	SCONJ
cjal-3217	132	100	local	local	ADJ
cjal-3217	132	101	operations	operation	NOUN
cjal-3217	132	102	included	include	VERB
cjal-3217	132	103	the	the	DET
cjal-3217	132	104	guangdong	guangdong	PROPN
cjal-3217	132	105	development	development	PROPN
cjal-3217	132	106	bank	bank	PROPN
cjal-3217	132	107	,	,	PUNCT
cjal-3217	132	108	the	the	DET
cjal-3217	132	109	fujian	fujian	PROPN
cjal-3217	132	110	industrial	industrial	PROPN
cjal-3217	132	111	bank	bank	PROPN
cjal-3217	132	112	and	and	CCONJ
cjal-3217	132	113	the	the	DET
cjal-3217	132	114	shenzhen	shenzhen	PROPN
cjal-3217	132	115	development	development	PROPN
cjal-3217	132	116	bank	bank	PROPN
cjal-3217	132	117	)	)	PUNCT
cjal-3217	132	118	.	.	PUNCT
cjal-3217	133	1	41	41	NUM
cjal-3217	133	2	see	see	VERB
cjal-3217	133	3	dipchand	dipchand	NOUN
cjal-3217	133	4	,	,	PUNCT
cjal-3217	133	5	supra	supra	PROPN
cjal-3217	133	6	note	note	PROPN
cjal-3217	133	7	22	22	NUM
cjal-3217	133	8	,	,	PUNCT
cjal-3217	133	9	at	at	ADP
cjal-3217	133	10	73	73	NUM
cjal-3217	133	11	-	-	SYM
cjal-3217	133	12	94	94	NUM
cjal-3217	133	13	.	.	PUNCT
cjal-3217	134	1	42	42	NUM
cjal-3217	134	2	see	see	VERB
cjal-3217	134	3	xu	xu	INTJ
cjal-3217	134	4	,	,	PUNCT
cjal-3217	134	5	supra	supra	PROPN
cjal-3217	134	6	note	note	PROPN
cjal-3217	134	7	21	21	NUM
cjal-3217	134	8	,	,	PUNCT
cjal-3217	134	9	at	at	ADP
cjal-3217	134	10	27	27	NUM
cjal-3217	134	11	.	.	PUNCT
cjal-3217	135	1	43	43	NUM
cjal-3217	135	2	see	see	VERB
cjal-3217	135	3	pritchard	pritchard	NOUN
cjal-3217	135	4	,	,	PUNCT
cjal-3217	135	5	supra	supra	PROPN
cjal-3217	135	6	note	note	PROPN
cjal-3217	135	7	36	36	NUM
cjal-3217	135	8	,	,	PUNCT
cjal-3217	135	9	at	at	ADP
cjal-3217	135	10	12	12	NUM
cjal-3217	135	11	(	(	PUNCT
cjal-3217	135	12	stating	state	VERB
cjal-3217	135	13	that	that	SCONJ
cjal-3217	135	14	china	china	PROPN
cjal-3217	135	15	's	's	PART
cjal-3217	135	16	citizens	citizen	NOUN
cjal-3217	135	17	saved	save	VERB
cjal-3217	135	18	nearly	nearly	ADV
cjal-3217	135	19	us$	us$	SYM
cjal-3217	135	20	1	1	NUM
cjal-3217	135	21	billion	billion	NUM
cjal-3217	135	22	in	in	ADP
cjal-3217	135	23	2000	2000	NUM
cjal-3217	135	24	despite	despite	SCONJ
cjal-3217	135	25	a	a	DET
cjal-3217	135	26	20	20	NUM
cjal-3217	135	27	%	%	NOUN
cjal-3217	135	28	withholding	withholding	NOUN
cjal-3217	135	29	tax	tax	NOUN
cjal-3217	135	30	and	and	CCONJ
cjal-3217	135	31	a	a	DET
cjal-3217	135	32	1.8	1.8	NUM
cjal-3217	135	33	%	%	NOUN
cjal-3217	135	34	interest	interest	NOUN
cjal-3217	135	35	rate	rate	NOUN
cjal-3217	135	36	)	)	PUNCT
cjal-3217	135	37	;	;	PUNCT
cjal-3217	135	38	see	see	VERB
cjal-3217	135	39	also	also	ADV
cjal-3217	135	40	todd	todd	PROPN
cjal-3217	135	41	kennith	kennith	PROPN
cjal-3217	135	42	ramey	ramey	PROPN
cjal-3217	135	43	,	,	PUNCT
cjal-3217	135	44	socialism	socialism	NOUN
cjal-3217	135	45	embraces	embrace	VERB
cjal-3217	135	46	capitalism	capitalism	NOUN
cjal-3217	135	47	?	?	PUNCT
cjal-3217	136	1	an	an	DET
cjal-3217	136	2	oxymoron	oxymoron	NOUN
cjal-3217	136	3	for	for	ADP
cjal-3217	136	4	the	the	DET
cjal-3217	136	5	turn	turn	NOUN
cjal-3217	136	6	of	of	ADP
cjal-3217	136	7	the	the	DET
cjal-3217	136	8	century	century	NOUN
cjal-3217	136	9	:	:	PUNCT
cjal-3217	136	10	a	a	DET
cjal-3217	136	11	study	study	NOUN
cjal-3217	136	12	of	of	ADP
cjal-3217	136	13	the	the	DET
cjal-3217	136	14	restructuring	restructuring	NOUN
cjal-3217	136	15	of	of	ADP
cjal-3217	136	16	the	the	DET
cjal-3217	136	17	securities	security	NOUN
cjal-3217	136	18	markets	market	NOUN
cjal-3217	136	19	and	and	CCONJ
cjal-3217	136	20	banking	banking	NOUN
cjal-3217	136	21	industry	industry	NOUN
cjal-3217	136	22	in	in	ADP
cjal-3217	136	23	the	the	DET
cjal-3217	136	24	people	people	NOUN
cjal-3217	136	25	's	's	PART
cjal-3217	136	26	republic	republic	NOUN
cjal-3217	136	27	of	of	ADP
cjal-3217	136	28	china	china	PROPN
cjal-3217	136	29	in	in	ADP
cjal-3217	136	30	an	an	DET
cjal-3217	136	31	effort	effort	NOUN
cjal-3217	136	32	to	to	PART
cjal-3217	136	33	increase	increase	VERB
cjal-3217	136	34	investment	investment	NOUN
cjal-3217	136	35	capital	capital	NOUN
cjal-3217	136	36	,	,	PUNCT
cjal-3217	136	37	20	20	NUM
cjal-3217	136	38	hous	hous	ADJ
cjal-3217	136	39	.	.	PUNCT
cjal-3217	137	1	j.	j.	PROPN
cjal-3217	137	2	int'l	int'l	PROPN
cjal-3217	137	3	l.	l.	PROPN
cjal-3217	137	4	451,458	451,458	NUM
cjal-3217	137	5	(	(	PUNCT
cjal-3217	137	6	winter	winter	NOUN
cjal-3217	137	7	,	,	PUNCT
cjal-3217	137	8	1998	1998	NUM
cjal-3217	137	9	)	)	PUNCT
cjal-3217	137	10	(	(	PUNCT
cjal-3217	137	11	stating	state	VERB
cjal-3217	137	12	that	that	SCONJ
cjal-3217	137	13	china	china	PROPN
cjal-3217	137	14	's	's	PART
cjal-3217	137	15	40	40	NUM
cjal-3217	137	16	%	%	NOUN
cjal-3217	137	17	savings	saving	NOUN
cjal-3217	137	18	-	-	PUNCT
cjal-3217	137	19	to	to	ADP
cjal-3217	137	20	-	-	PUNCT
cjal-3217	137	21	gdp	gdp	NOUN
cjal-3217	137	22	ratio	ratio	NOUN
cjal-3217	137	23	is	be	AUX
cjal-3217	137	24	double	double	DET
cjal-3217	137	25	the	the	DET
cjal-3217	137	26	20	20	NUM
cjal-3217	137	27	%	%	NOUN
cjal-3217	137	28	level	level	NOUN
cjal-3217	137	29	found	find	VERB
cjal-3217	137	30	in	in	ADP
cjal-3217	137	31	the	the	DET
cjal-3217	137	32	united	united	PROPN
cjal-3217	137	33	states	states	PROPN
cjal-3217	137	34	)	)	PUNCT
cjal-3217	137	35	;	;	PUNCT
cjal-3217	137	36	see	see	VERB
cjal-3217	137	37	4enerally	4enerally	PROPN
cjal-3217	137	38	wong	wong	PROPN
cjal-3217	137	39	,	,	PUNCT
cjal-3217	137	40	supra	supra	PROPN
cjal-3217	137	41	note	note	PROPN
cjal-3217	137	42	27	27	NUM
cjal-3217	137	43	.	.	PUNCT
cjal-3217	138	1	see	see	VERB
cjal-3217	138	2	wong	wong	PROPN
cjal-3217	138	3	,	,	PUNCT
cjal-3217	138	4	supra	supra	PROPN
cjal-3217	138	5	note	note	PROPN
cjal-3217	138	6	27	27	NUM
cjal-3217	138	7	,	,	PUNCT
cjal-3217	138	8	at	at	ADP
cjal-3217	138	9	1222	1222	NUM
cjal-3217	138	10	.	.	PUNCT
cjal-3217	139	1	41	41	NUM
cjal-3217	139	2	see	see	VERB
cjal-3217	139	3	i	i	PRON
cjal-3217	139	4	d.	d.	PROPN
cjal-3217	139	5	46	46	NUM
cjal-3217	139	6	see	see	VERB
cjal-3217	139	7	ramey	ramey	PROPN
cjal-3217	139	8	,	,	PUNCT
cjal-3217	139	9	supra	supra	PROPN
cjal-3217	139	10	note	note	PROPN
cjal-3217	139	11	43	43	NUM
cjal-3217	139	12	,	,	PUNCT
cjal-3217	139	13	at	at	ADP
cjal-3217	139	14	468	468	NUM
cjal-3217	139	15	.	.	PUNCT
cjal-3217	140	1	47	47	NUM
cjal-3217	140	2	see	see	VERB
cjal-3217	140	3	kui	kui	PROPN
cjal-3217	140	4	-	-	PUNCT
cjal-3217	140	5	wai	wai	PROPN
cjal-3217	140	6	li	li	PROPN
cjal-3217	140	7	,	,	PUNCT
cjal-3217	140	8	financial	financial	ADJ
cjal-3217	140	9	repression	repression	NOUN
cjal-3217	140	10	and	and	CCONJ
cjal-3217	140	11	economic	economic	ADJ
cjal-3217	140	12	reform	reform	NOUN
cjal-3217	140	13	in	in	ADP
cjal-3217	140	14	china	china	PROPN
cjal-3217	140	15	60	60	NUM
cjal-3217	140	16	(	(	PUNCT
cjal-3217	140	17	1994	1994	NUM
cjal-3217	140	18	)	)	PUNCT
cjal-3217	140	19	.	.	PUNCT
cjal-3217	141	1	"	"	PUNCT
cjal-3217	141	2	4	4	NUM
cjal-3217	141	3	see	see	VERB
cjal-3217	141	4	i	i	PRON
cjal-3217	141	5	d.	d.	PROPN
cjal-3217	141	6	at	at	ADP
cjal-3217	141	7	62	62	NUM
cjal-3217	141	8	-	-	SYM
cjal-3217	141	9	63	63	NUM
cjal-3217	141	10	.	.	PUNCT
cjal-3217	142	1	li	li	PROPN
cjal-3217	142	2	's	's	PART
cjal-3217	142	3	table	table	NOUN
cjal-3217	142	4	2.22	2.22	NUM
cjal-3217	142	5	inflow	inflow	NOUN
cjal-3217	142	6	of	of	ADP
cjal-3217	142	7	foreign	foreign	ADJ
cjal-3217	142	8	resources	resource	NOUN
cjal-3217	142	9	and	and	CCONJ
cjal-3217	142	10	table	table	NOUN
cjal-3217	142	11	2.23	2.23	NUM
cjal-3217	142	12	foreign	foreign	ADJ
cjal-3217	142	13	loans	loan	NOUN
cjal-3217	142	14	used	use	VERB
cjal-3217	142	15	give	give	VERB
cjal-3217	142	16	a	a	DET
cjal-3217	142	17	nice	nice	ADJ
cjal-3217	142	18	breakdown	breakdown	NOUN
cjal-3217	142	19	of	of	ADP
cjal-3217	142	20	foreign	foreign	ADJ
cjal-3217	142	21	resources	resource	NOUN
cjal-3217	142	22	utilized	utilize	VERB
cjal-3217	142	23	from	from	ADP
cjal-3217	142	24	1980	1980	NUM
cjal-3217	142	25	-	-	SYM
cjal-3217	142	26	1990	1990	NUM
cjal-3217	142	27	.	.	PUNCT
cjal-3217	143	1	[	[	X
cjal-3217	143	2	16:1	16:1	NUM
cjal-3217	143	3	venture	venture	NOUN
cjal-3217	143	4	capital	capital	NOUN
cjal-3217	143	5	in	in	ADP
cjal-3217	143	6	china	china	PROPN
cjal-3217	143	7	about	about	ADV
cjal-3217	143	8	28	28	NUM
cjal-3217	143	9	%	%	NOUN
cjal-3217	143	10	.	.	PUNCT
cjal-3217	144	1	4	4	NUM
cjal-3217	144	2	the	the	DET
cjal-3217	144	3	bulk	bulk	NOUN
cjal-3217	144	4	of	of	ADP
cjal-3217	144	5	these	these	DET
cjal-3217	144	6	funds	fund	NOUN
cjal-3217	144	7	came	come	VERB
cjal-3217	144	8	from	from	ADP
cjal-3217	144	9	hong	hong	PROPN
cjal-3217	144	10	kong	kong	PROPN
cjal-3217	144	11	and	and	CCONJ
cjal-3217	144	12	macau	macau	PROPN
cjal-3217	144	13	.	.	PUNCT
cjal-3217	144	14	"	"	PUNCT
cjal-3217	145	1	c.	c.	NOUN
cjal-3217	145	2	the	the	DET
cjal-3217	145	3	need	need	NOUN
cjal-3217	145	4	for	for	ADP
cjal-3217	145	5	venture	venture	NOUN
cjal-3217	145	6	capital	capital	NOUN
cjal-3217	145	7	in	in	ADP
cjal-3217	145	8	2002	2002	NUM
cjal-3217	145	9	although	although	SCONJ
cjal-3217	145	10	the	the	DET
cjal-3217	145	11	expansion	expansion	NOUN
cjal-3217	145	12	of	of	ADP
cjal-3217	145	13	financing	financing	NOUN
cjal-3217	145	14	options	option	NOUN
cjal-3217	145	15	in	in	ADP
cjal-3217	145	16	china	china	PROPN
cjal-3217	145	17	has	have	AUX
cjal-3217	145	18	been	be	AUX
cjal-3217	145	19	impressive	impressive	ADJ
cjal-3217	145	20	,	,	PUNCT
cjal-3217	145	21	it	it	PRON
cjal-3217	145	22	should	should	AUX
cjal-3217	145	23	not	not	PART
cjal-3217	145	24	be	be	AUX
cjal-3217	145	25	overstated	overstate	VERB
cjal-3217	145	26	.	.	PUNCT
cjal-3217	146	1	china	china	PROPN
cjal-3217	146	2	's	's	PART
cjal-3217	146	3	booming	booming	ADJ
cjal-3217	146	4	private	private	ADJ
cjal-3217	146	5	sector	sector	NOUN
cjal-3217	146	6	"	"	PUNCT
cjal-3217	146	7	still	still	ADV
cjal-3217	146	8	relies	rely	VERB
cjal-3217	146	9	primarily	primarily	ADV
cjal-3217	146	10	on	on	ADP
cjal-3217	146	11	insufficient	insufficient	ADJ
cjal-3217	146	12	self	self	NOUN
cjal-3217	146	13	-	-	PUNCT
cjal-3217	146	14	financing	financing	NOUN
cjal-3217	146	15	.	.	PUNCT
cjal-3217	147	1	2	2	NUM
cjal-3217	148	1	the	the	DET
cjal-3217	148	2	private	private	ADJ
cjal-3217	148	3	sector	sector	NOUN
cjal-3217	148	4	accounts	account	VERB
cjal-3217	148	5	for	for	ADP
cjal-3217	148	6	27	27	NUM
cjal-3217	148	7	%	%	NOUN
cjal-3217	148	8	of	of	ADP
cjal-3217	148	9	china	china	PROPN
cjal-3217	148	10	's	's	PART
cjal-3217	148	11	gdp	gdp	NOUN
cjal-3217	148	12	,	,	PUNCT
cjal-3217	148	13	second	second	ADJ
cjal-3217	148	14	only	only	ADV
cjal-3217	148	15	to	to	ADP
cjal-3217	148	16	the	the	DET
cjal-3217	148	17	state	state	NOUN
cjal-3217	148	18	sector,53	sector,53	NOUN
cjal-3217	148	19	and	and	CCONJ
cjal-3217	148	20	35	35	NUM
cjal-3217	148	21	%	%	NOUN
cjal-3217	148	22	of	of	ADP
cjal-3217	148	23	the	the	DET
cjal-3217	148	24	nation	nation	NOUN
cjal-3217	148	25	's	's	PART
cjal-3217	148	26	employment,54	employment,54	PROPN
cjal-3217	148	27	but	but	CCONJ
cjal-3217	148	28	it	it	PRON
cjal-3217	148	29	takes	take	VERB
cjal-3217	148	30	in	in	ADV
cjal-3217	148	31	only	only	ADV
cjal-3217	148	32	1	1	NUM
cjal-3217	148	33	%	%	NOUN
cjal-3217	148	34	of	of	ADP
cjal-3217	148	35	bank	bank	PROPN
cjal-3217	148	36	lending.5	lending.5	PROPN
cjal-3217	148	37	china	china	PROPN
cjal-3217	148	38	's	's	PART
cjal-3217	148	39	banking	banking	NOUN
cjal-3217	148	40	structure	structure	NOUN
cjal-3217	148	41	continues	continue	VERB
cjal-3217	148	42	to	to	PART
cjal-3217	148	43	hesitate	hesitate	VERB
cjal-3217	148	44	in	in	ADP
cjal-3217	148	45	lending	lending	NOUN
cjal-3217	148	46	to	to	ADP
cjal-3217	148	47	the	the	DET
cjal-3217	148	48	private	private	ADJ
cjal-3217	148	49	sector	sector	NOUN
cjal-3217	148	50	.	.	PUNCT
cjal-3217	149	1	56	56	NUM
cjal-3217	149	2	the	the	DET
cjal-3217	149	3	desire	desire	NOUN
cjal-3217	149	4	to	to	PART
cjal-3217	149	5	reduce	reduce	VERB
cjal-3217	149	6	non	non	ADJ
cjal-3217	149	7	-	-	ADJ
cjal-3217	149	8	performing	performing	ADJ
cjal-3217	149	9	loans	loan	NOUN
cjal-3217	149	10	,	,	PUNCT
cjal-3217	149	11	an	an	DET
cjal-3217	149	12	49	49	NUM
cjal-3217	149	13	see	see	NOUN
cjal-3217	149	14	jun	jun	PROPN
cjal-3217	149	15	fu	fu	PROPN
cjal-3217	149	16	,	,	PUNCT
cjal-3217	149	17	institutions	institution	NOUN
cjal-3217	149	18	and	and	CCONJ
cjal-3217	149	19	investments	investment	NOUN
cjal-3217	149	20	:	:	PUNCT
cjal-3217	149	21	foreign	foreign	ADJ
cjal-3217	149	22	direct	direct	ADJ
cjal-3217	149	23	investment	investment	NOUN
cjal-3217	149	24	in	in	ADP
cjal-3217	149	25	china	china	PROPN
cjal-3217	149	26	during	during	ADP
cjal-3217	149	27	an	an	DET
cjal-3217	149	28	era	era	NOUN
cjal-3217	149	29	of	of	ADP
cjal-3217	149	30	reform	reform	NOUN
cjal-3217	149	31	121	121	NUM
cjal-3217	149	32	(	(	PUNCT
cjal-3217	149	33	2000	2000	NUM
cjal-3217	149	34	)	)	PUNCT
cjal-3217	149	35	(	(	PUNCT
cjal-3217	149	36	covering	cover	VERB
cjal-3217	149	37	the	the	DET
cjal-3217	149	38	period	period	NOUN
cjal-3217	149	39	1990	1990	NUM
cjal-3217	149	40	-	-	SYM
cjal-3217	149	41	1998	1998	NUM
cjal-3217	149	42	)	)	PUNCT
cjal-3217	149	43	.	.	PUNCT
cjal-3217	150	1	50	50	NUM
cjal-3217	150	2	see	see	VERB
cjal-3217	150	3	i	i	PRON
cjal-3217	150	4	d.	d.	PROPN
cjal-3217	150	5	at	at	ADP
cjal-3217	150	6	122	122	NUM
cjal-3217	150	7	(	(	PUNCT
cjal-3217	150	8	graphing	graph	VERB
cjal-3217	150	9	that	that	PRON
cjal-3217	150	10	nearly	nearly	ADV
cjal-3217	150	11	60	60	NUM
cjal-3217	150	12	%	%	NOUN
cjal-3217	150	13	of	of	ADP
cjal-3217	150	14	china	china	PROPN
cjal-3217	150	15	's	's	PART
cjal-3217	150	16	foreign	foreign	ADJ
cjal-3217	150	17	funds	fund	NOUN
cjal-3217	150	18	come	come	VERB
cjal-3217	150	19	from	from	ADP
cjal-3217	150	20	hong	hong	PROPN
cjal-3217	150	21	kong	kong	PROPN
cjal-3217	150	22	and	and	CCONJ
cjal-3217	150	23	macau	macau	PROPN
cjal-3217	150	24	,	,	PUNCT
cjal-3217	150	25	followed	follow	VERB
cjal-3217	150	26	by	by	ADP
cjal-3217	150	27	taiwan	taiwan	PROPN
cjal-3217	150	28	(	(	PUNCT
cjal-3217	150	29	11	11	NUM
cjal-3217	150	30	%	%	NOUN
cjal-3217	150	31	)	)	PUNCT
cjal-3217	150	32	,	,	PUNCT
cjal-3217	150	33	the	the	DET
cjal-3217	150	34	united	united	PROPN
cjal-3217	150	35	states	states	PROPN
cjal-3217	150	36	(	(	PUNCT
cjal-3217	150	37	8	8	NUM
cjal-3217	150	38	%	%	NOUN
cjal-3217	150	39	)	)	PUNCT
cjal-3217	150	40	,	,	PUNCT
cjal-3217	150	41	and	and	CCONJ
cjal-3217	150	42	japan	japan	PROPN
cjal-3217	150	43	(	(	PUNCT
cjal-3217	150	44	5	5	NUM
cjal-3217	150	45	%	%	NOUN
cjal-3217	150	46	)	)	PUNCT
cjal-3217	150	47	)	)	PUNCT
cjal-3217	150	48	.	.	PUNCT
cjal-3217	151	1	51	51	NUM
cjal-3217	151	2	see	see	VERB
cjal-3217	151	3	gary	gary	PROPN
cjal-3217	151	4	h.	h.	PROPN
cjal-3217	151	5	jefferson	jefferson	PROPN
cjal-3217	151	6	and	and	CCONJ
cjal-3217	151	7	thomas	thomas	PROPN
cjal-3217	151	8	g.	g.	PROPN
cjal-3217	151	9	rawski	rawski	PROPN
cjal-3217	151	10	,	,	PUNCT
cjal-3217	151	11	ownership	ownership	NOUN
cjal-3217	151	12	change	change	NOUN
cjal-3217	151	13	in	in	ADP
cjal-3217	151	14	chinese	chinese	ADJ
cjal-3217	151	15	industry	industry	NOUN
cjal-3217	151	16	,	,	PUNCT
cjal-3217	151	17	in	in	ADP
cjal-3217	151	18	enterprise	enterprise	NOUN
cjal-3217	151	19	reform	reform	NOUN
cjal-3217	151	20	in	in	ADP
cjal-3217	151	21	china	china	PROPN
cjal-3217	151	22	:	:	PUNCT
cjal-3217	151	23	ownership	ownership	NOUN
cjal-3217	151	24	transition	transition	NOUN
cjal-3217	151	25	and	and	CCONJ
cjal-3217	151	26	performance	performance	NOUN
cjal-3217	151	27	23	23	NUM
cjal-3217	151	28	-	-	SYM
cjal-3217	151	29	25	25	NUM
cjal-3217	151	30	(	(	PUNCT
cjal-3217	151	31	gary	gary	PROPN
cjal-3217	151	32	h.	h.	PROPN
cjal-3217	151	33	jefferson	jefferson	PROPN
cjal-3217	151	34	and	and	CCONJ
cjal-3217	151	35	jnderjit	jnderjit	PROPN
cjal-3217	151	36	singh	singh	PROPN
cjal-3217	151	37	eds	ed	NOUN
cjal-3217	151	38	.	.	PROPN
cjal-3217	151	39	,	,	PUNCT
cjal-3217	151	40	1999	1999	NUM
cjal-3217	151	41	)	)	PUNCT
cjal-3217	152	1	[	[	X
cjal-3217	152	2	hereinafter	hereinafter	NOUN
cjal-3217	152	3	enterprise	enterprise	NOUN
cjal-3217	152	4	reform	reform	NOUN
cjal-3217	152	5	]	]	PUNCT
cjal-3217	152	6	.	.	PUNCT
cjal-3217	153	1	see	see	VERB
cjal-3217	153	2	the	the	DET
cjal-3217	153	3	table	table	NOUN
cjal-3217	153	4	below	below	ADP
cjal-3217	153	5	detailing	detail	VERB
cjal-3217	153	6	the	the	DET
cjal-3217	153	7	type	type	NOUN
cjal-3217	153	8	and	and	CCONJ
cjal-3217	153	9	number	number	NOUN
cjal-3217	153	10	of	of	ADP
cjal-3217	153	11	enterprises	enterprise	NOUN
cjal-3217	153	12	in	in	ADP
cjal-3217	153	13	thousands	thousand	NOUN
cjal-3217	153	14	from	from	ADP
cjal-3217	153	15	1980	1980	NUM
cjal-3217	153	16	-	-	SYM
cjal-3217	153	17	1996	1996	NUM
cjal-3217	153	18	.	.	PUNCT
cjal-3217	154	1	note	note	VERB
cjal-3217	154	2	that	that	SCONJ
cjal-3217	154	3	the	the	DET
cjal-3217	154	4	bulk	bulk	NOUN
cjal-3217	154	5	are	be	AUX
cjal-3217	154	6	individual	individual	ADV
cjal-3217	154	7	-	-	PUNCT
cjal-3217	154	8	owned	own	VERB
cjal-3217	154	9	:	:	PUNCT
cjal-3217	154	10	type	type	NOUN
cjal-3217	154	11	of	of	ADP
cjal-3217	154	12	enterprise	enterprise	NOUN
cjal-3217	154	13	1980	1980	NUM
cjal-3217	154	14	1985	1985	NUM
cjal-3217	154	15	1990	1990	NUM
cjal-3217	154	16	1995	1995	NUM
cjal-3217	154	17	1996	1996	NUM
cjal-3217	154	18	state	state	NOUN
cjal-3217	154	19	-	-	PUNCT
cjal-3217	154	20	owned	own	VERB
cjal-3217	154	21	83.4	83.4	NUM
cjal-3217	154	22	93.7	93.7	NUM
cjal-3217	154	23	104.4	104.4	NUM
cjal-3217	154	24	118	118	NUM
cjal-3217	154	25	113.8	113.8	NUM
cjal-3217	154	26	collective	collective	NOUN
cjal-3217	154	27	-	-	PUNCT
cjal-3217	154	28	owned	own	VERB
cjal-3217	154	29	293.5	293.5	NUM
cjal-3217	154	30	367.8	367.8	NUM
cjal-3217	154	31	1,668.5	1,668.5	NUM
cjal-3217	154	32	1,475.0	1,475.0	NUM
cjal-3217	154	33	1,591.8	1,591.8	NUM
cjal-3217	154	34	township	township	NOUN
cjal-3217	154	35	-	-	PUNCT
cjal-3217	154	36	owned	own	VERB
cjal-3217	154	37	186.6	186.6	NUM
cjal-3217	154	38	632.6	632.6	NUM
cjal-3217	154	39	680.8	680.8	NUM
cjal-3217	154	40	689.9	689.9	NUM
cjal-3217	154	41	678.4	678.4	NUM
cjal-3217	154	42	village	village	NOUN
cjal-3217	154	43	-	-	PUNCT
cjal-3217	154	44	owned	own	VERB
cjal-3217	154	45	--741.7	--741.7	NUM
cjal-3217	154	46	596.6	596.6	NUM
cjal-3217	154	47	371.6	371.6	NUM
cjal-3217	154	48	518.6	518.6	NUM
cjal-3217	154	49	individual	individual	ADV
cjal-3217	154	50	-	-	PUNCT
cjal-3217	154	51	owned	own	VERB
cjal-3217	154	52	--3,347.8	--3,347.8	PUNCT
cjal-3217	154	53	6,176.0	6,176.0	NUM
cjal-3217	154	54	5,688.2	5,688.2	NUM
cjal-3217	154	55	6,210.7	6,210.7	NUM
cjal-3217	154	56	other	other	ADJ
cjal-3217	154	57	.4	.4	NUM
cjal-3217	154	58	1.7	1.7	NUM
cjal-3217	154	59	8.8	8.8	NUM
cjal-3217	154	60	60.3	60.3	NUM
cjal-3217	154	61	70.2	70.2	NUM
cjal-3217	154	62	shareholding	shareholding	NOUN
cjal-3217	154	63	------5.9	------5.9	NOUN
cjal-3217	154	64	8.3	8.3	NUM
cjal-3217	154	65	foreign	foreign	NOUN
cjal-3217	154	66	-	-	PUNCT
cjal-3217	154	67	funded	fund	VERB
cjal-3217	154	68	------18	------18	PROPN
cjal-3217	154	69	19.8	19.8	NUM
cjal-3217	154	70	overseas	overseas	ADV
cjal-3217	154	71	-	-	PUNCT
cjal-3217	154	72	funded	fund	VERB
cjal-3217	154	73	--	--	PUNCT
cjal-3217	154	74	.	.	PUNCT
cjal-3217	155	1	--26.9	--26.9	PRON
cjal-3217	155	2	24.5	24.5	NUM
cjal-3217	155	3	total	total	NOUN
cjal-3217	155	4	377.3	377.3	NUM
cjal-3217	155	5	3,811.0	3,811.0	NUM
cjal-3217	155	6	7,957.8	7,957.8	NUM
cjal-3217	155	7	7,341.5	7,341.5	NUM
cjal-3217	155	8	7,986.5	7,986.5	NUM
cjal-3217	155	9	china	china	PROPN
cjal-3217	155	10	divides	divide	VERB
cjal-3217	155	11	enterprises	enterprise	NOUN
cjal-3217	155	12	into	into	ADP
cjal-3217	155	13	state	state	NOUN
cjal-3217	155	14	-	-	PUNCT
cjal-3217	155	15	owned	own	VERB
cjal-3217	155	16	,	,	PUNCT
cjal-3217	155	17	collective	collective	NOUN
cjal-3217	155	18	-	-	PUNCT
cjal-3217	155	19	owned	own	VERB
cjal-3217	155	20	,	,	PUNCT
cjal-3217	155	21	individual	individual	NOUN
cjal-3217	155	22	-	-	PUNCT
cjal-3217	155	23	owned	own	VERB
cjal-3217	155	24	,	,	PUNCT
cjal-3217	155	25	and	and	CCONJ
cjal-3217	155	26	"	"	PUNCT
cjal-3217	155	27	other	other	ADJ
cjal-3217	155	28	"	"	PUNCT
cjal-3217	155	29	ownership	ownership	NOUN
cjal-3217	155	30	forms	form	NOUN
cjal-3217	155	31	.	.	PUNCT
cjal-3217	156	1	collective	collective	ADJ
cjal-3217	156	2	-	-	PUNCT
cjal-3217	156	3	owned	own	VERB
cjal-3217	156	4	enterprises	enterprise	NOUN
cjal-3217	156	5	include	include	VERB
cjal-3217	156	6	urban	urban	ADJ
cjal-3217	156	7	collectives	collective	NOUN
cjal-3217	156	8	,	,	PUNCT
cjal-3217	156	9	township	township	NOUN
cjal-3217	156	10	enterprises	enterprise	NOUN
cjal-3217	156	11	,	,	PUNCT
cjal-3217	156	12	village	village	NOUN
cjal-3217	156	13	enterprises	enterprise	NOUN
cjal-3217	156	14	,	,	PUNCT
cjal-3217	156	15	and	and	CCONJ
cjal-3217	156	16	cooperatives	cooperative	NOUN
cjal-3217	156	17	.	.	PUNCT
cjal-3217	157	1	individual	individual	ADJ
cjal-3217	157	2	-	-	PUNCT
cjal-3217	157	3	owned	own	VERB
cjal-3217	157	4	firms	firm	NOUN
cjal-3217	157	5	are	be	AUX
cjal-3217	157	6	privately	privately	ADV
cjal-3217	157	7	owned	own	VERB
cjal-3217	157	8	firms	firm	NOUN
cjal-3217	157	9	that	that	PRON
cjal-3217	157	10	employ	employ	VERB
cjal-3217	157	11	seven	seven	NUM
cjal-3217	157	12	workers	worker	NOUN
cjal-3217	157	13	or	or	CCONJ
cjal-3217	157	14	less	less	ADJ
cjal-3217	157	15	.	.	PUNCT
cjal-3217	158	1	private	private	ADJ
cjal-3217	158	2	firms	firm	NOUN
cjal-3217	158	3	employing	employ	VERB
cjal-3217	158	4	eight	eight	NUM
cjal-3217	158	5	or	or	CCONJ
cjal-3217	158	6	more	more	ADJ
cjal-3217	158	7	are	be	AUX
cjal-3217	158	8	labeled	label	VERB
cjal-3217	158	9	privately	privately	ADV
cjal-3217	158	10	owned	own	VERB
cjal-3217	158	11	and	and	CCONJ
cjal-3217	158	12	fall	fall	VERB
cjal-3217	158	13	under	under	ADP
cjal-3217	158	14	the	the	DET
cjal-3217	158	15	"	"	PUNCT
cjal-3217	158	16	other	other	ADJ
cjal-3217	158	17	"	"	PUNCT
cjal-3217	158	18	category	category	NOUN
cjal-3217	158	19	.	.	PUNCT
cjal-3217	159	1	"	"	PUNCT
cjal-3217	159	2	other	other	ADJ
cjal-3217	159	3	"	"	PUNCT
cjal-3217	159	4	includes	include	VERB
cjal-3217	159	5	domestic	domestic	ADJ
cjal-3217	159	6	joint	joint	ADJ
cjal-3217	159	7	ventures	venture	NOUN
cjal-3217	159	8	,	,	PUNCT
cjal-3217	159	9	privately	privately	ADV
cjal-3217	159	10	owned	own	VERB
cjal-3217	159	11	enterprises	enterprise	NOUN
cjal-3217	159	12	,	,	PUNCT
cjal-3217	159	13	foreign	foreign	NOUN
cjal-3217	159	14	-	-	PUNCT
cjal-3217	159	15	funded	fund	VERB
cjal-3217	159	16	joint	joint	ADJ
cjal-3217	159	17	ventures	venture	NOUN
cjal-3217	159	18	,	,	PUNCT
cjal-3217	159	19	overseas	overseas	ADV
cjal-3217	159	20	-	-	PUNCT
cjal-3217	159	21	funded	fund	VERB
cjal-3217	159	22	joint	joint	ADJ
cjal-3217	159	23	ventures	venture	NOUN
cjal-3217	159	24	,	,	PUNCT
cjal-3217	159	25	foreign	foreign	NOUN
cjal-3217	159	26	-	-	PUNCT
cjal-3217	159	27	funded	fund	VERB
cjal-3217	159	28	wholly	wholly	ADV
cjal-3217	159	29	owned	own	VERB
cjal-3217	159	30	firms	firm	NOUN
cjal-3217	159	31	,	,	PUNCT
cjal-3217	159	32	overseas	overseas	ADV
cjal-3217	159	33	-	-	PUNCT
cjal-3217	159	34	funded	fund	VERB
cjal-3217	159	35	wholly	wholly	ADV
cjal-3217	159	36	owned	own	VERB
cjal-3217	159	37	firms	firm	NOUN
cjal-3217	159	38	,	,	PUNCT
cjal-3217	159	39	foreign	foreign	NOUN
cjal-3217	159	40	-	-	PUNCT
cjal-3217	159	41	funded	fund	VERB
cjal-3217	159	42	cooperatives	cooperative	NOUN
cjal-3217	159	43	,	,	PUNCT
cjal-3217	159	44	overseas	overseas	ADV
cjal-3217	159	45	-	-	PUNCT
cjal-3217	159	46	funded	fund	VERB
cjal-3217	159	47	cooperatives	cooperative	NOUN
cjal-3217	159	48	,	,	PUNCT
cjal-3217	159	49	and	and	CCONJ
cjal-3217	159	50	share	share	NOUN
cjal-3217	159	51	-	-	PUNCT
cjal-3217	159	52	holding	hold	VERB
cjal-3217	159	53	enterprises	enterprise	NOUN
cjal-3217	159	54	.	.	PUNCT
cjal-3217	160	1	overseas	overseas	ADJ
cjal-3217	160	2	ownership	ownership	NOUN
cjal-3217	160	3	encompasses	encompass	VERB
cjal-3217	160	4	only	only	ADV
cjal-3217	160	5	hong	hong	PROPN
cjal-3217	160	6	kong	kong	PROPN
cjal-3217	160	7	,	,	PUNCT
cjal-3217	160	8	macau	macau	PROPN
cjal-3217	160	9	and	and	CCONJ
cjal-3217	160	10	taiwan	taiwan	PROPN
cjal-3217	160	11	where	where	SCONJ
cjal-3217	160	12	foreign	foreign	NOUN
cjal-3217	160	13	-	-	PUNCT
cjal-3217	160	14	funded	fund	VERB
cjal-3217	160	15	ownership	ownership	NOUN
cjal-3217	160	16	encompasses	encompass	VERB
cjal-3217	160	17	all	all	DET
cjal-3217	160	18	other	other	ADJ
cjal-3217	160	19	countries	country	NOUN
cjal-3217	160	20	.	.	PUNCT
cjal-3217	161	1	see	see	VERB
cjal-3217	161	2	i	i	PRON
cjal-3217	161	3	d.	d.	PROPN
cjal-3217	161	4	52	52	NUM
cjal-3217	161	5	see	see	VERB
cjal-3217	161	6	neil	neil	PROPN
cjal-3217	161	7	gregory	gregory	PROPN
cjal-3217	161	8	and	and	CCONJ
cjal-3217	161	9	stoyan	stoyan	PROPN
cjal-3217	161	10	tenev	tenev	PROPN
cjal-3217	161	11	,	,	PUNCT
cjal-3217	161	12	the	the	DET
cjal-3217	161	13	financing	financing	NOUN
cjal-3217	161	14	of	of	ADP
cjal-3217	161	15	private	private	ADJ
cjal-3217	161	16	enterprise	enterprise	NOUN
cjal-3217	161	17	in	in	ADP
cjal-3217	161	18	china	china	PROPN
cjal-3217	161	19	,	,	PUNCT
cjal-3217	161	20	finance	finance	NOUN
cjal-3217	161	21	and	and	CCONJ
cjal-3217	161	22	development	development	NOUN
cjal-3217	161	23	,	,	PUNCT
cjal-3217	161	24	mar	mar	PROPN
cjal-3217	161	25	.	.	PROPN
cjal-3217	161	26	2001	2001	NUM
cjal-3217	161	27	,	,	PUNCT
cjal-3217	161	28	at	at	ADP
cjal-3217	161	29	14	14	NUM
cjal-3217	161	30	.	.	PUNCT
cjal-3217	161	31	"	"	PUNCT
cjal-3217	162	1	see	see	VERB
cjal-3217	162	2	i	i	PRON
cjal-3217	162	3	d.	d.	PROPN
cjal-3217	162	4	54	54	NUM
cjal-3217	162	5	see	see	VERB
cjal-3217	162	6	heytens	heyten	NOUN
cjal-3217	162	7	and	and	CCONJ
cjal-3217	162	8	karacadag	karacadag	PROPN
cjal-3217	162	9	,	,	PUNCT
cjal-3217	162	10	supra	supra	PROPN
cjal-3217	162	11	note	note	PROPN
cjal-3217	162	12	38	38	NUM
cjal-3217	162	13	,	,	PUNCT
cjal-3217	162	14	at	at	ADP
cjal-3217	162	15	7	7	NUM
cjal-3217	162	16	.	.	X
cjal-3217	162	17	55	55	NUM
cjal-3217	162	18	see	see	VERB
cjal-3217	162	19	gregory	gregory	PROPN
cjal-3217	162	20	and	and	CCONJ
cjal-3217	162	21	tenev	tenev	PROPN
cjal-3217	162	22	,	,	PUNCT
cjal-3217	162	23	supra	supra	PROPN
cjal-3217	162	24	note	note	NOUN
cjal-3217	162	25	52	52	NUM
cjal-3217	162	26	.	.	PUNCT
cjal-3217	163	1	56	56	NUM
cjal-3217	163	2	see	see	VERB
cjal-3217	163	3	i	i	PRON
cjal-3217	163	4	d.	d.	PROPN
cjal-3217	163	5	at	at	ADP
cjal-3217	163	6	3	3	NUM
cjal-3217	163	7	-	-	SYM
cjal-3217	163	8	5	5	NUM
cjal-3217	163	9	.	.	PUNCT
cjal-3217	163	10	for	for	ADP
cjal-3217	163	11	a	a	DET
cjal-3217	163	12	better	well	ADJ
cjal-3217	163	13	impression	impression	NOUN
cjal-3217	163	14	of	of	ADP
cjal-3217	163	15	the	the	DET
cjal-3217	163	16	private	private	ADJ
cjal-3217	163	17	sector	sector	NOUN
cjal-3217	163	18	's	's	PART
cjal-3217	163	19	importance	importance	NOUN
cjal-3217	163	20	see	see	VERB
cjal-3217	163	21	jefferson	jefferson	PROPN
cjal-3217	163	22	and	and	CCONJ
cjal-3217	163	23	rawski	rawski	PROPN
cjal-3217	163	24	,	,	PUNCT
cjal-3217	163	25	supra	supra	PROPN
cjal-3217	163	26	note	note	NOUN
cjal-3217	163	27	5	5	NUM
cjal-3217	163	28	1	1	NUM
cjal-3217	163	29	.	.	PUNCT
cjal-3217	164	1	for	for	ADP
cjal-3217	164	2	the	the	DET
cjal-3217	164	3	limited	limited	ADJ
cjal-3217	164	4	interaction	interaction	NOUN
cjal-3217	164	5	that	that	SCONJ
cjal-3217	164	6	the	the	DET
cjal-3217	164	7	banking	banking	NOUN
cjal-3217	164	8	sector	sector	NOUN
cjal-3217	164	9	has	have	VERB
cjal-3217	164	10	with	with	ADP
cjal-3217	164	11	china	china	PROPN
cjal-3217	164	12	's	's	PART
cjal-3217	164	13	private	private	ADJ
cjal-3217	164	14	sector	sector	NOUN
cjal-3217	164	15	see	see	VERB
cjal-3217	164	16	gregory	gregory	PROPN
cjal-3217	164	17	and	and	CCONJ
cjal-3217	164	18	tenev	tenev	PROPN
cjal-3217	164	19	,	,	PUNCT
cjal-3217	164	20	supra	supra	PROPN
cjal-3217	164	21	note	note	NOUN
cjal-3217	164	22	52	52	NUM
cjal-3217	164	23	.	.	PUNCT
cjal-3217	165	1	2002	2002	NUM
cjal-3217	165	2	]	]	PUNCT
cjal-3217	165	3	columbia	columbia	PROPN
cjal-3217	165	4	journal	journal	PROPN
cjal-3217	165	5	ofasianla	ofasianla	PROPN
cjal-3217	165	6	w	w	PROPN
cjal-3217	165	7	inability	inability	NOUN
cjal-3217	165	8	to	to	PART
cjal-3217	165	9	offset	offset	VERB
cjal-3217	165	10	high	high	ADJ
cjal-3217	165	11	risk	risk	NOUN
cjal-3217	165	12	through	through	ADP
cjal-3217	165	13	china	china	PROPN
cjal-3217	165	14	's	's	PART
cjal-3217	165	15	centrally	centrally	ADV
cjal-3217	165	16	controlled	control	VERB
cjal-3217	165	17	and	and	CCONJ
cjal-3217	165	18	artificially	artificially	ADV
cjal-3217	165	19	low	low	ADJ
cjal-3217	165	20	interest	interest	NOUN
cjal-3217	165	21	rate	rate	NOUN
cjal-3217	165	22	system	system	NOUN
cjal-3217	165	23	,	,	PUNCT
cjal-3217	165	24	and	and	CCONJ
cjal-3217	165	25	the	the	DET
cjal-3217	165	26	traditional	traditional	ADJ
cjal-3217	165	27	safety	safety	NOUN
cjal-3217	165	28	of	of	ADP
cjal-3217	165	29	lending	lending	NOUN
cjal-3217	165	30	to	to	ADP
cjal-3217	165	31	state	state	NOUN
cjal-3217	165	32	-	-	PUNCT
cjal-3217	165	33	owned	own	VERB
cjal-3217	165	34	enterprises	enterprise	NOUN
cjal-3217	165	35	,	,	PUNCT
cjal-3217	165	36	backed	back	VERB
cjal-3217	165	37	by	by	ADP
cjal-3217	165	38	government	government	NOUN
cjal-3217	165	39	financing	financing	NOUN
cjal-3217	165	40	in	in	ADP
cjal-3217	165	41	cases	case	NOUN
cjal-3217	165	42	of	of	ADP
cjal-3217	165	43	failure	failure	NOUN
cjal-3217	165	44	,	,	PUNCT
cjal-3217	165	45	have	have	AUX
cjal-3217	165	46	contributed	contribute	VERB
cjal-3217	165	47	to	to	ADP
cjal-3217	165	48	the	the	DET
cjal-3217	165	49	banking	banking	NOUN
cjal-3217	165	50	industry	industry	NOUN
cjal-3217	165	51	's	's	PART
cjal-3217	165	52	risk	risk	NOUN
cjal-3217	165	53	-	-	PUNCT
cjal-3217	165	54	aversion	aversion	NOUN
cjal-3217	165	55	.	.	PUNCT
cjal-3217	165	56	"	"	PUNCT
cjal-3217	166	1	moreover	moreover	ADV
cjal-3217	166	2	,	,	PUNCT
cjal-3217	166	3	because	because	SCONJ
cjal-3217	166	4	of	of	ADP
cjal-3217	166	5	underdeveloped	underdeveloped	ADJ
cjal-3217	166	6	screening	screening	NOUN
cjal-3217	166	7	procedures	procedure	NOUN
cjal-3217	166	8	and	and	CCONJ
cjal-3217	166	9	unclear	unclear	ADJ
cjal-3217	166	10	market	market	NOUN
cjal-3217	166	11	information	information	NOUN
cjal-3217	166	12	,	,	PUNCT
cjal-3217	166	13	banks	bank	NOUN
cjal-3217	166	14	exclude	exclude	VERB
cjal-3217	166	15	small	small	ADJ
cjal-3217	166	16	businesses	business	NOUN
cjal-3217	166	17	from	from	ADP
cjal-3217	166	18	debt	debt	NOUN
cjal-3217	166	19	financing	financing	NOUN
cjal-3217	166	20	through	through	ADP
cjal-3217	166	21	prohibitively	prohibitively	ADV
cjal-3217	166	22	high	high	ADJ
cjal-3217	166	23	collateral	collateral	ADJ
cjal-3217	166	24	requirements	requirement	NOUN
cjal-3217	166	25	.	.	PUNCT
cjal-3217	166	26	"	"	PUNCT
cjal-3217	167	1	likewise	likewise	ADV
cjal-3217	167	2	,	,	PUNCT
cjal-3217	167	3	the	the	DET
cjal-3217	167	4	private	private	ADJ
cjal-3217	167	5	sector	sector	NOUN
cjal-3217	167	6	accounts	account	VERB
cjal-3217	167	7	for	for	ADP
cjal-3217	167	8	only	only	ADV
cjal-3217	167	9	1	1	NUM
cjal-3217	167	10	%	%	NOUN
cjal-3217	167	11	of	of	ADP
cjal-3217	167	12	companies	company	NOUN
cjal-3217	167	13	listed	list	VERB
cjal-3217	167	14	on	on	ADP
cjal-3217	167	15	china	china	PROPN
cjal-3217	167	16	's	's	PART
cjal-3217	167	17	securities	security	NOUN
cjal-3217	167	18	markets	market	NOUN
cjal-3217	167	19	.	.	PUNCT
cjal-3217	168	1	9	9	NUM
cjal-3217	168	2	burdened	burden	VERB
cjal-3217	168	3	with	with	ADP
cjal-3217	168	4	the	the	DET
cjal-3217	168	5	government	government	NOUN
cjal-3217	168	6	's	's	PART
cjal-3217	168	7	struggle	struggle	NOUN
cjal-3217	168	8	to	to	PART
cjal-3217	168	9	balance	balance	VERB
cjal-3217	168	10	socialist	socialist	ADJ
cjal-3217	168	11	ownership	ownership	NOUN
cjal-3217	168	12	against	against	ADP
cjal-3217	168	13	capitalist	capitalist	ADJ
cjal-3217	168	14	efficiency	efficiency	NOUN
cjal-3217	168	15	,	,	PUNCT
cjal-3217	168	16	china	china	PROPN
cjal-3217	168	17	's	's	PART
cjal-3217	168	18	private	private	ADJ
cjal-3217	168	19	sector	sector	NOUN
cjal-3217	168	20	has	have	AUX
cjal-3217	168	21	suffered	suffer	VERB
cjal-3217	168	22	under	under	ADP
cjal-3217	168	23	the	the	DET
cjal-3217	168	24	primitive	primitive	ADJ
cjal-3217	168	25	nature	nature	NOUN
cjal-3217	168	26	of	of	ADP
cjal-3217	168	27	china	china	PROPN
cjal-3217	168	28	's	's	PART
cjal-3217	168	29	capital	capital	NOUN
cjal-3217	168	30	markets	market	NOUN
cjal-3217	168	31	.	.	PUNCT
cjal-3217	168	32	'	'	PUNCT
cjal-3217	169	1	with	with	ADP
cjal-3217	169	2	stringent	stringent	ADJ
cjal-3217	169	3	listing	listing	NOUN
cjal-3217	169	4	requirements	requirement	NOUN
cjal-3217	169	5	prohibiting	prohibit	VERB
cjal-3217	169	6	many	many	ADJ
cjal-3217	169	7	interested	interested	ADJ
cjal-3217	169	8	companies	company	NOUN
cjal-3217	169	9	from	from	ADP
cjal-3217	169	10	participating	participate	VERB
cjal-3217	169	11	in	in	ADP
cjal-3217	169	12	the	the	DET
cjal-3217	169	13	equities	equity	NOUN
cjal-3217	169	14	market,6	market,6	PROPN
cjal-3217	169	15	'	'	PART
cjal-3217	169	16	a	a	DET
cjal-3217	169	17	fourshare	fourshare	NOUN
cjal-3217	169	18	system	system	NOUN
cjal-3217	169	19	that	that	PRON
cjal-3217	169	20	distorts	distort	VERB
cjal-3217	169	21	pricing	pricing	NOUN
cjal-3217	169	22	and	and	CCONJ
cjal-3217	169	23	ensures	ensure	VERB
cjal-3217	169	24	state	state	NOUN
cjal-3217	169	25	-	-	PUNCT
cjal-3217	169	26	controlled	control	VERB
cjal-3217	169	27	ownership,62	ownership,62	NOUN
cjal-3217	169	28	and	and	CCONJ
cjal-3217	169	29	insufficient	insufficient	ADJ
cjal-3217	169	30	disclosure	disclosure	NOUN
cjal-3217	169	31	requirements	requirement	NOUN
cjal-3217	169	32	-	-	PUNCT
cjal-3217	169	33	compounded	compound	VERB
cjal-3217	169	34	by	by	ADP
cjal-3217	169	35	ill	ill	ADV
cjal-3217	169	36	-	-	PUNCT
cjal-3217	169	37	defined	define	VERB
cjal-3217	169	38	corporate	corporate	ADJ
cjal-3217	169	39	governance	governance	NOUN
cjal-3217	169	40	standards	standard	NOUN
cjal-3217	169	41	-	-	PUNCT
cjal-3217	169	42	domestic	domestic	ADJ
cjal-3217	169	43	capital	capital	NOUN
cjal-3217	169	44	investment	investment	NOUN
cjal-3217	169	45	has	have	AUX
cjal-3217	169	46	funded	fund	VERB
cjal-3217	169	47	only	only	ADV
cjal-3217	169	48	3	3	NUM
cjal-3217	169	49	%	%	NOUN
cjal-3217	169	50	of	of	ADP
cjal-3217	169	51	mainland	mainland	NOUN
cjal-3217	169	52	gdp.63	gdp.63	PROPN
cjal-3217	169	53	furthermore	furthermore	ADV
cjal-3217	169	54	,	,	PUNCT
cjal-3217	169	55	with	with	ADP
cjal-3217	169	56	respect	respect	NOUN
cjal-3217	169	57	to	to	ADP
cjal-3217	169	58	foreign	foreign	ADJ
cjal-3217	169	59	investment	investment	NOUN
cjal-3217	169	60	,	,	PUNCT
cjal-3217	169	61	while	while	SCONJ
cjal-3217	169	62	it	it	PRON
cjal-3217	169	63	boomed	boom	VERB
cjal-3217	169	64	in	in	ADP
cjal-3217	169	65	the	the	DET
cjal-3217	169	66	early	early	ADJ
cjal-3217	169	67	1990	1990	NUM
cjal-3217	169	68	's	's	PART
cjal-3217	169	69	and	and	CCONJ
cjal-3217	169	70	captured	capture	VERB
cjal-3217	169	71	significant	significant	ADJ
cjal-3217	169	72	media	medium	NOUN
cjal-3217	169	73	attention	attention	NOUN
cjal-3217	169	74	,	,	PUNCT
cjal-3217	169	75	it	it	PRON
cjal-3217	169	76	is	be	AUX
cjal-3217	169	77	important	important	ADJ
cjal-3217	169	78	to	to	PART
cjal-3217	169	79	recognize	recognize	VERB
cjal-3217	169	80	that	that	SCONJ
cjal-3217	169	81	foreign	foreign	ADJ
cjal-3217	169	82	funds	fund	NOUN
cjal-3217	169	83	have	have	AUX
cjal-3217	169	84	amounted	amount	VERB
cjal-3217	169	85	to	to	ADP
cjal-3217	169	86	only	only	ADV
cjal-3217	169	87	5	5	NUM
cjal-3217	169	88	or	or	CCONJ
cjal-3217	169	89	6	6	NUM
cjal-3217	169	90	%	%	NOUN
cjal-3217	169	91	of	of	ADP
cjal-3217	169	92	china	china	PROPN
cjal-3217	169	93	's	's	PART
cjal-3217	169	94	fixed	fix	VERB
cjal-3217	169	95	asset	asset	NOUN
cjal-3217	169	96	investment	investment	NOUN
cjal-3217	169	97	and	and	CCONJ
cjal-3217	169	98	only	only	ADV
cjal-3217	169	99	9	9	NUM
cjal-3217	169	100	to	to	PART
cjal-3217	169	101	10	10	NUM
cjal-3217	169	102	%	%	NOUN
cjal-3217	169	103	of	of	ADP
cjal-3217	169	104	gdp	gdp	NOUN
cjal-3217	169	105	.	.	PUNCT
cjal-3217	170	1	i	i	PRON
cjal-3217	170	2	predictions	prediction	NOUN
cjal-3217	170	3	indicate	indicate	VERB
cjal-3217	170	4	that	that	SCONJ
cjal-3217	170	5	foreign	foreign	ADJ
cjal-3217	170	6	investment	investment	NOUN
cjal-3217	170	7	and	and	CCONJ
cjal-3217	170	8	lending	lending	NOUN
cjal-3217	170	9	figures	figure	NOUN
cjal-3217	170	10	will	will	AUX
cjal-3217	170	11	continue	continue	VERB
cjal-3217	170	12	to	to	PART
cjal-3217	170	13	grow	grow	VERB
cjal-3217	170	14	following	follow	VERB
cjal-3217	170	15	china	china	PROPN
cjal-3217	170	16	's	's	PART
cjal-3217	170	17	wto	wto	PROPN
cjal-3217	170	18	admission	admission	NOUN
cjal-3217	170	19	,	,	PUNCT
cjal-3217	170	20	65	65	NUM
cjal-3217	170	21	but	but	CCONJ
cjal-3217	170	22	approval	approval	NOUN
cjal-3217	170	23	5	5	NUM
cjal-3217	170	24	see	see	VERB
cjal-3217	170	25	i	i	PROPN
cjal-3217	170	26	d.	d.	PROPN
cjal-3217	170	27	58	58	NUM
cjal-3217	170	28	see	see	VERB
cjal-3217	170	29	i	i	PRON
cjal-3217	170	30	d.	d.	PROPN
cjal-3217	170	31	5	5	NUM
cjal-3217	170	32	9	9	NUM
cjal-3217	170	33	see	see	VERB
cjal-3217	170	34	i	i	PRON
cjal-3217	170	35	d.	d.	PROPN
cjal-3217	170	36	at	at	ADP
cjal-3217	170	37	62	62	NUM
cjal-3217	170	38	.	.	PUNCT
cjal-3217	171	1	60	60	NUM
cjal-3217	171	2	see	see	VERB
cjal-3217	171	3	pritchard	pritchard	NOUN
cjal-3217	171	4	,	,	PUNCT
cjal-3217	171	5	supra	supra	PROPN
cjal-3217	171	6	note	note	PROPN
cjal-3217	171	7	36	36	NUM
cjal-3217	171	8	,	,	PUNCT
cjal-3217	171	9	at	at	ADP
cjal-3217	171	10	12	12	NUM
cjal-3217	171	11	(	(	PUNCT
cjal-3217	171	12	quoting	quote	VERB
cjal-3217	171	13	dai	dai	PROPN
cjal-3217	171	14	xianglong	xianglong	PROPN
cjal-3217	171	15	,	,	PUNCT
cjal-3217	171	16	governor	governor	NOUN
cjal-3217	171	17	of	of	ADP
cjal-3217	171	18	the	the	DET
cjal-3217	171	19	people	people	NOUN
cjal-3217	171	20	's	's	PART
cjal-3217	171	21	bank	bank	PROPN
cjal-3217	171	22	of	of	ADP
cjal-3217	171	23	china	china	PROPN
cjal-3217	171	24	,	,	PUNCT
cjal-3217	171	25	"	"	PUNCT
cjal-3217	171	26	the	the	DET
cjal-3217	171	27	capital	capital	NOUN
cjal-3217	171	28	market	market	NOUN
cjal-3217	171	29	in	in	ADP
cjal-3217	171	30	china	china	PROPN
cjal-3217	171	31	is	be	AUX
cjal-3217	171	32	not	not	PART
cjal-3217	171	33	a	a	DET
cjal-3217	171	34	fully	fully	ADV
cjal-3217	171	35	developed	develop	VERB
cjal-3217	171	36	one	one	NUM
cjal-3217	171	37	.	.	PUNCT
cjal-3217	171	38	"	"	PUNCT
cjal-3217	171	39	)	)	PUNCT
cjal-3217	171	40	;	;	PUNCT
cjal-3217	171	41	see	see	VERB
cjal-3217	171	42	also	also	ADV
cjal-3217	171	43	wong	wong	PROPN
cjal-3217	171	44	,	,	PUNCT
cjal-3217	171	45	supra	supra	PROPN
cjal-3217	171	46	note	note	PROPN
cjal-3217	171	47	27	27	NUM
cjal-3217	171	48	,	,	PUNCT
cjal-3217	171	49	at	at	ADP
cjal-3217	171	50	1245	1245	NUM
cjal-3217	171	51	.	.	PUNCT
cjal-3217	172	1	61	61	NUM
cjal-3217	172	2	see	see	VERB
cjal-3217	172	3	wong	wong	PROPN
cjal-3217	172	4	,	,	PUNCT
cjal-3217	172	5	supra	supra	PROPN
cjal-3217	172	6	note	note	PROPN
cjal-3217	172	7	27	27	NUM
cjal-3217	172	8	,	,	PUNCT
cjal-3217	172	9	at	at	ADP
cjal-3217	172	10	1237	1237	NUM
cjal-3217	172	11	(	(	PUNCT
cjal-3217	172	12	noting	note	VERB
cjal-3217	172	13	that	that	SCONJ
cjal-3217	172	14	only	only	ADV
cjal-3217	172	15	profitable	profitable	ADJ
cjal-3217	172	16	enterprises	enterprise	NOUN
cjal-3217	172	17	with	with	ADP
cjal-3217	172	18	significant	significant	ADJ
cjal-3217	172	19	book	book	NOUN
cjal-3217	172	20	value	value	NOUN
cjal-3217	172	21	are	be	AUX
cjal-3217	172	22	capable	capable	ADJ
cjal-3217	172	23	of	of	ADP
cjal-3217	172	24	garnering	garner	VERB
cjal-3217	172	25	the	the	DET
cjal-3217	172	26	government	government	NOUN
cjal-3217	172	27	approval	approval	NOUN
cjal-3217	172	28	needed	need	VERB
cjal-3217	172	29	for	for	ADP
cjal-3217	172	30	listing	listing	NOUN
cjal-3217	172	31	)	)	PUNCT
cjal-3217	172	32	.	.	PUNCT
cjal-3217	173	1	62	62	NUM
cjal-3217	173	2	see	see	VERB
cjal-3217	173	3	i	i	PRON
cjal-3217	173	4	d.	d.	PROPN
cjal-3217	173	5	at	at	ADP
cjal-3217	173	6	1238	1238	NUM
cjal-3217	173	7	(	(	PUNCT
cjal-3217	173	8	explaining	explain	VERB
cjal-3217	173	9	that	that	SCONJ
cjal-3217	173	10	state	state	NOUN
cjal-3217	173	11	shares	share	NOUN
cjal-3217	173	12	and	and	CCONJ
cjal-3217	173	13	legal	legal	ADJ
cjal-3217	173	14	person	person	NOUN
cjal-3217	173	15	shares	share	NOUN
cjal-3217	173	16	,	,	PUNCT
cjal-3217	173	17	which	which	PRON
cjal-3217	173	18	account	account	VERB
cjal-3217	173	19	for	for	ADP
cjal-3217	173	20	75	75	NUM
cjal-3217	173	21	%	%	NOUN
cjal-3217	173	22	of	of	ADP
cjal-3217	173	23	total	total	ADJ
cjal-3217	173	24	common	common	ADJ
cjal-3217	173	25	shares	share	NOUN
cjal-3217	173	26	,	,	PUNCT
cjal-3217	173	27	require	require	VERB
cjal-3217	173	28	government	government	NOUN
cjal-3217	173	29	approval	approval	NOUN
cjal-3217	173	30	for	for	ADP
cjal-3217	173	31	transfer	transfer	NOUN
cjal-3217	173	32	.	.	PUNCT
cjal-3217	174	1	individual	individual	ADJ
cjal-3217	174	2	shares	share	NOUN
cjal-3217	174	3	,	,	PUNCT
cjal-3217	174	4	which	which	PRON
cjal-3217	174	5	make	make	VERB
cjal-3217	174	6	-	-	PUNCT
cjal-3217	174	7	up	up	ADP
cjal-3217	174	8	only	only	ADV
cjal-3217	174	9	25	25	NUM
cjal-3217	174	10	%	%	NOUN
cjal-3217	174	11	of	of	ADP
cjal-3217	174	12	the	the	DET
cjal-3217	174	13	market	market	NOUN
cjal-3217	174	14	,	,	PUNCT
cjal-3217	174	15	are	be	AUX
cjal-3217	174	16	further	far	ADV
cjal-3217	174	17	separated	separate	VERB
cjal-3217	174	18	into	into	ADP
cjal-3217	174	19	a	a	DET
cjal-3217	174	20	-	-	PUNCT
cjal-3217	174	21	shares	share	NOUN
cjal-3217	174	22	for	for	ADP
cjal-3217	174	23	chinese	chinese	ADJ
cjal-3217	174	24	citizens	citizen	NOUN
cjal-3217	174	25	and	and	CCONJ
cjal-3217	174	26	b	b	NOUN
cjal-3217	174	27	-	-	PUNCT
cjal-3217	174	28	shares	share	NOUN
cjal-3217	174	29	for	for	ADP
cjal-3217	174	30	foreign	foreign	ADJ
cjal-3217	174	31	investors	investor	NOUN
cjal-3217	174	32	.	.	PUNCT
cjal-3217	175	1	finally	finally	ADV
cjal-3217	175	2	,	,	PUNCT
cjal-3217	175	3	h	h	NOUN
cjal-3217	175	4	-	-	PUNCT
cjal-3217	175	5	shares	share	NOUN
cjal-3217	175	6	are	be	AUX
cjal-3217	175	7	also	also	ADV
cjal-3217	175	8	available	available	ADJ
cjal-3217	175	9	to	to	ADP
cjal-3217	175	10	foreign	foreign	ADJ
cjal-3217	175	11	investors	investor	NOUN
cjal-3217	175	12	on	on	ADP
cjal-3217	175	13	overseas	overseas	ADJ
cjal-3217	175	14	markets	market	NOUN
cjal-3217	175	15	like	like	ADP
cjal-3217	175	16	hong	hong	PROPN
cjal-3217	175	17	kong	kong	PROPN
cjal-3217	175	18	.	.	PUNCT
cjal-3217	176	1	this	this	DET
cjal-3217	176	2	unwieldy	unwieldy	ADJ
cjal-3217	176	3	share	share	NOUN
cjal-3217	176	4	structure	structure	NOUN
cjal-3217	176	5	undermines	undermine	VERB
cjal-3217	176	6	efficient	efficient	ADJ
cjal-3217	176	7	pricing	pricing	NOUN
cjal-3217	176	8	models	model	NOUN
cjal-3217	176	9	expected	expect	VERB
cjal-3217	176	10	in	in	ADP
cjal-3217	176	11	more	more	ADV
cjal-3217	176	12	advanced	advanced	ADJ
cjal-3217	176	13	,	,	PUNCT
cjal-3217	176	14	purely	purely	ADV
cjal-3217	176	15	capitalistic	capitalistic	ADJ
cjal-3217	176	16	markets	market	NOUN
cjal-3217	176	17	)	)	PUNCT
cjal-3217	176	18	.	.	PUNCT
cjal-3217	177	1	63	63	NUM
cjal-3217	177	2	see	see	VERB
cjal-3217	177	3	pritchard	pritchard	NOUN
cjal-3217	177	4	,	,	PUNCT
cjal-3217	177	5	supra	supra	PROPN
cjal-3217	177	6	note	note	PROPN
cjal-3217	177	7	36	36	NUM
cjal-3217	177	8	.	.	NOUN
cjal-3217	178	1	64	64	NUM
cjal-3217	178	2	see	see	VERB
cjal-3217	178	3	i	i	PRON
cjal-3217	178	4	d.	d.	PROPN
cjal-3217	178	5	at	at	ADP
cjal-3217	178	6	5	5	NUM
cjal-3217	178	7	.	.	PUNCT
cjal-3217	178	8	65	65	NUM
cjal-3217	178	9	see	see	VERB
cjal-3217	178	10	china	china	PROPN
cjal-3217	178	11	to	to	PART
cjal-3217	178	12	attract	attract	VERB
cjal-3217	178	13	more	more	ADJ
cjal-3217	178	14	foreign	foreign	ADJ
cjal-3217	178	15	investment	investment	NOUN
cjal-3217	178	16	next	next	ADJ
cjal-3217	178	17	year	year	NOUN
cjal-3217	178	18	,	,	PUNCT
cjal-3217	178	19	chinaonline	chinaonline	NOUN
cjal-3217	178	20	(	(	PUNCT
cjal-3217	178	21	dec	dec	PROPN
cjal-3217	178	22	.	.	PROPN
cjal-3217	178	23	7	7	NUM
cjal-3217	178	24	,	,	PUNCT
cjal-3217	178	25	2001	2001	NUM
cjal-3217	178	26	)	)	PUNCT
cjal-3217	178	27	(	(	PUNCT
cjal-3217	178	28	noting	note	VERB
cjal-3217	178	29	that	that	SCONJ
cjal-3217	178	30	the	the	DET
cjal-3217	178	31	expected	expect	VERB
cjal-3217	178	32	amendments	amendment	NOUN
cjal-3217	178	33	to	to	ADP
cjal-3217	178	34	the	the	DET
cjal-3217	178	35	foreign	foreign	ADJ
cjal-3217	178	36	investment	investment	NOUN
cjal-3217	178	37	directory	directory	NOUN
cjal-3217	178	38	as	as	ADP
cjal-3217	178	39	per	per	ADP
cjal-3217	178	40	wto	wto	PROPN
cjal-3217	178	41	requirements	requirement	NOUN
cjal-3217	178	42	will	will	AUX
cjal-3217	178	43	open	open	VERB
cjal-3217	178	44	many	many	ADJ
cjal-3217	178	45	more	more	ADJ
cjal-3217	178	46	sectors	sector	NOUN
cjal-3217	178	47	to	to	ADP
cjal-3217	178	48	fdi	fdi	PROPN
cjal-3217	178	49	)	)	PUNCT
cjal-3217	178	50	;	;	PUNCT
cjal-3217	178	51	see	see	VERB
cjal-3217	178	52	also	also	ADV
cjal-3217	178	53	banking	banking	NOUN
cjal-3217	178	54	and	and	CCONJ
cjal-3217	178	55	insurance	insurance	NOUN
cjal-3217	178	56	,	,	PUNCT
cjal-3217	178	57	at	at	ADP
cjal-3217	178	58	http://www.china.org.cn/echina/banking/introduction.htm	http://www.china.org.cn/echina/banking/introduction.htm	PROPN
cjal-3217	178	59	(	(	PUNCT
cjal-3217	178	60	n.d	n.d	PROPN
cjal-3217	178	61	.	.	PROPN
cjal-3217	178	62	)	)	PUNCT
cjal-3217	178	63	.	.	PUNCT
cjal-3217	179	1	by	by	ADP
cjal-3217	179	2	the	the	DET
cjal-3217	179	3	end	end	NOUN
cjal-3217	179	4	of	of	ADP
cjal-3217	179	5	1999	1999	NUM
cjal-3217	179	6	,	,	PUNCT
cjal-3217	179	7	177	177	NUM
cjal-3217	179	8	commercial	commercial	ADJ
cjal-3217	179	9	foreign	foreign	ADJ
cjal-3217	179	10	financial	financial	ADJ
cjal-3217	179	11	organizations	organization	NOUN
cjal-3217	179	12	and	and	CCONJ
cjal-3217	179	13	248	248	NUM
cjal-3217	179	14	foreign	foreign	ADJ
cjal-3217	179	15	bank	bank	NOUN
cjal-3217	179	16	agencies	agency	NOUN
cjal-3217	179	17	and	and	CCONJ
cjal-3217	179	18	had	have	AUX
cjal-3217	179	19	established	establish	VERB
cjal-3217	179	20	operations	operation	NOUN
cjal-3217	179	21	in	in	ADP
cjal-3217	179	22	china	china	PROPN
cjal-3217	179	23	.	.	PUNCT
cjal-3217	180	1	once	once	SCONJ
cjal-3217	180	2	foreign	foreign	ADJ
cjal-3217	180	3	-	-	PUNCT
cjal-3217	180	4	invested	invest	VERB
cjal-3217	180	5	banks	bank	NOUN
cjal-3217	180	6	can	can	AUX
cjal-3217	180	7	operate	operate	VERB
cjal-3217	180	8	in	in	ADP
cjal-3217	180	9	all	all	DET
cjal-3217	180	10	major	major	ADJ
cjal-3217	180	11	cities	city	NOUN
cjal-3217	180	12	and	and	CCONJ
cjal-3217	180	13	offer	offer	VERB
cjal-3217	180	14	yuan	yuan	NOUN
cjal-3217	180	15	-	-	PUNCT
cjal-3217	180	16	denominated	denominate	VERB
cjal-3217	180	17	loans	loan	NOUN
cjal-3217	180	18	to	to	ADP
cjal-3217	180	19	chinese	chinese	ADJ
cjal-3217	180	20	enterprises	enterprise	NOUN
cjal-3217	180	21	as	as	SCONJ
cjal-3217	180	22	promised	promise	VERB
cjal-3217	180	23	under	under	ADP
cjal-3217	180	24	wto	wto	PROPN
cjal-3217	180	25	commitments	commitment	NOUN
cjal-3217	180	26	,	,	PUNCT
cjal-3217	180	27	these	these	DET
cjal-3217	180	28	figures	figure	NOUN
cjal-3217	180	29	and	and	CCONJ
cjal-3217	180	30	the	the	DET
cjal-3217	180	31	amount	amount	NOUN
cjal-3217	180	32	of	of	ADP
cjal-3217	180	33	foreign	foreign	ADJ
cjal-3217	180	34	lending	lending	NOUN
cjal-3217	180	35	[	[	X
cjal-3217	180	36	16:1	16:1	NUM
cjal-3217	180	37	venture	venture	NOUN
cjal-3217	180	38	capital	capital	NOUN
cjal-3217	180	39	in	in	ADP
cjal-3217	180	40	china	china	PROPN
cjal-3217	180	41	requirements	requirement	NOUN
cjal-3217	180	42	,	,	PUNCT
cjal-3217	180	43	political	political	ADJ
cjal-3217	180	44	considerations	consideration	NOUN
cjal-3217	180	45	,	,	PUNCT
cjal-3217	180	46	and	and	CCONJ
cjal-3217	180	47	unpredictable	unpredictable	ADJ
cjal-3217	180	48	enforcement	enforcement	NOUN
cjal-3217	180	49	of	of	ADP
cjal-3217	180	50	contract	contract	NOUN
cjal-3217	180	51	law	law	NOUN
cjal-3217	180	52	have	have	AUX
cjal-3217	180	53	inhibited	inhibit	VERB
cjal-3217	180	54	many	many	ADJ
cjal-3217	180	55	foreign	foreign	ADJ
cjal-3217	180	56	financiers	financier	NOUN
cjal-3217	180	57	and	and	CCONJ
cjal-3217	180	58	closed	close	VERB
cjal-3217	180	59	off	off	ADP
cjal-3217	180	60	this	this	DET
cjal-3217	180	61	option	option	NOUN
cjal-3217	180	62	for	for	ADP
cjal-3217	180	63	most	most	ADJ
cjal-3217	180	64	domestic	domestic	ADJ
cjal-3217	180	65	enterprises	enterprise	NOUN
cjal-3217	180	66	.	.	PUNCT
cjal-3217	181	1	in	in	ADP
cjal-3217	181	2	1999	1999	NUM
cjal-3217	181	3	,	,	PUNCT
cjal-3217	181	4	90	90	NUM
cjal-3217	181	5	%	%	NOUN
cjal-3217	181	6	of	of	ADP
cjal-3217	181	7	china	china	PROPN
cjal-3217	181	8	's	's	PART
cjal-3217	181	9	start	start	VERB
cjal-3217	181	10	-	-	PUNCT
cjal-3217	181	11	up	up	ADP
cjal-3217	181	12	capital	capital	NOUN
cjal-3217	181	13	came	come	VERB
cjal-3217	181	14	from	from	ADP
cjal-3217	181	15	private	private	ADJ
cjal-3217	181	16	sources	source	NOUN
cjal-3217	181	17	like	like	ADP
cjal-3217	181	18	principle	principle	NOUN
cjal-3217	181	19	owners	owner	NOUN
cjal-3217	181	20	,	,	PUNCT
cjal-3217	181	21	start	start	VERB
cjal-3217	181	22	-	-	PUNCT
cjal-3217	181	23	up	up	ADP
cjal-3217	181	24	teams	team	NOUN
cjal-3217	181	25	and	and	CCONJ
cjal-3217	181	26	families.6	families.6	ADJ
cjal-3217	181	27	post	post	ADJ
cjal-3217	181	28	-	-	ADJ
cjal-3217	181	29	start	start	VERB
cjal-3217	181	30	-	-	PUNCT
cjal-3217	181	31	up	up	ADP
cjal-3217	181	32	operations	operation	NOUN
cjal-3217	181	33	also	also	ADV
cjal-3217	181	34	relied	rely	VERB
cjal-3217	181	35	heavily	heavily	ADV
cjal-3217	181	36	on	on	ADP
cjal-3217	181	37	private	private	ADJ
cjal-3217	181	38	sources	source	NOUN
cjal-3217	181	39	and	and	CCONJ
cjal-3217	181	40	retained	retain	VERB
cjal-3217	181	41	earnings	earning	NOUN
cjal-3217	181	42	.	.	PUNCT
cjal-3217	182	1	6	6	NUM
cjal-3217	182	2	considering	consider	VERB
cjal-3217	182	3	the	the	DET
cjal-3217	182	4	private	private	ADJ
cjal-3217	182	5	sector	sector	NOUN
cjal-3217	182	6	's	's	PART
cjal-3217	182	7	growth	growth	NOUN
cjal-3217	183	1	,	,	PUNCT
cjal-3217	183	2	the	the	DET
cjal-3217	183	3	limits	limit	NOUN
cjal-3217	183	4	within	within	ADP
cjal-3217	183	5	china	china	PROPN
cjal-3217	183	6	's	's	PART
cjal-3217	183	7	debt	debt	NOUN
cjal-3217	183	8	and	and	CCONJ
cjal-3217	183	9	capital	capital	NOUN
cjal-3217	183	10	markets	market	NOUN
cjal-3217	183	11	,	,	PUNCT
cjal-3217	183	12	and	and	CCONJ
cjal-3217	183	13	the	the	DET
cjal-3217	183	14	private	private	ADJ
cjal-3217	183	15	sector	sector	NOUN
cjal-3217	183	16	's	's	PART
cjal-3217	183	17	increased	increase	VERB
cjal-3217	183	18	need	need	NOUN
cjal-3217	183	19	for	for	ADP
cjal-3217	183	20	external	external	ADJ
cjal-3217	183	21	financing	financing	NOUN
cjal-3217	183	22	,	,	PUNCT
cjal-3217	183	23	internal	internal	ADJ
cjal-3217	183	24	financing	financing	NOUN
cjal-3217	183	25	alone	alone	ADV
cjal-3217	183	26	is	be	AUX
cjal-3217	183	27	unsustainable	unsustainable	ADJ
cjal-3217	183	28	.	.	PUNCT
cjal-3217	184	1	68	68	NUM
cjal-3217	184	2	enter	enter	VERB
cjal-3217	184	3	venture	venture	NOUN
cjal-3217	184	4	capital	capital	NOUN
cjal-3217	184	5	.	.	PUNCT
cjal-3217	185	1	although	although	SCONJ
cjal-3217	185	2	accounting	account	VERB
cjal-3217	185	3	for	for	ADP
cjal-3217	185	4	only	only	ADV
cjal-3217	185	5	0.75	0.75	NUM
cjal-3217	185	6	%	%	NOUN
cjal-3217	185	7	of	of	ADP
cjal-3217	185	8	china	china	PROPN
cjal-3217	185	9	's	's	PART
cjal-3217	185	10	gdp,69	gdp,69	PROPN
cjal-3217	185	11	venture	venture	NOUN
cjal-3217	185	12	capital	capital	NOUN
cjal-3217	185	13	's	's	PART
cjal-3217	185	14	risk	risk	NOUN
cjal-3217	185	15	-	-	PUNCT
cjal-3217	185	16	taking	take	VERB
cjal-3217	185	17	structure	structure	NOUN
cjal-3217	185	18	seems	seem	VERB
cjal-3217	185	19	the	the	DET
cjal-3217	185	20	appropriate	appropriate	ADJ
cjal-3217	185	21	answer	answer	NOUN
cjal-3217	185	22	to	to	ADP
cjal-3217	185	23	china	china	PROPN
cjal-3217	185	24	's	's	PART
cjal-3217	185	25	current	current	ADJ
cjal-3217	185	26	private	private	ADJ
cjal-3217	185	27	sector	sector	NOUN
cjal-3217	185	28	financial	financial	ADJ
cjal-3217	185	29	crunch	crunch	NOUN
cjal-3217	185	30	.	.	PUNCT
cjal-3217	186	1	certainly	certainly	ADV
cjal-3217	186	2	,	,	PUNCT
cjal-3217	186	3	until	until	SCONJ
cjal-3217	186	4	china	china	PROPN
cjal-3217	186	5	's	's	PART
cjal-3217	186	6	banking	banking	NOUN
cjal-3217	186	7	structure	structure	NOUN
cjal-3217	186	8	liberalizes	liberalize	VERB
cjal-3217	186	9	further	far	ADV
cjal-3217	186	10	and	and	CCONJ
cjal-3217	186	11	its	its	PRON
cjal-3217	186	12	securities	security	NOUN
cjal-3217	186	13	markets	market	NOUN
cjal-3217	186	14	mature	mature	VERB
cjal-3217	186	15	,	,	PUNCT
cjal-3217	186	16	venture	venture	NOUN
cjal-3217	186	17	capital	capital	NOUN
cjal-3217	186	18	is	be	AUX
cjal-3217	186	19	the	the	DET
cjal-3217	186	20	only	only	ADJ
cjal-3217	186	21	market	market	NOUN
cjal-3217	186	22	poised	poise	VERB
cjal-3217	186	23	to	to	PART
cjal-3217	186	24	grow	grow	VERB
cjal-3217	186	25	with	with	ADP
cjal-3217	186	26	china	china	PROPN
cjal-3217	186	27	's	's	PART
cjal-3217	186	28	private	private	ADJ
cjal-3217	186	29	enterprise	enterprise	NOUN
cjal-3217	186	30	sector.7	sector.7	PROPN
cjal-3217	186	31	"	"	PUNCT
cjal-3217	186	32	iii	iii	PROPN
cjal-3217	186	33	.	.	PUNCT
cjal-3217	187	1	china	china	PROPN
cjal-3217	187	2	's	's	PART
cjal-3217	187	3	current	current	ADJ
cjal-3217	187	4	venture	venture	NOUN
cjal-3217	187	5	capital	capital	NOUN
cjal-3217	187	6	regime	regime	NOUN
cjal-3217	187	7	a.	a.	NOUN
cjal-3217	187	8	the	the	DET
cjal-3217	187	9	players	player	NOUN
cjal-3217	187	10	and	and	CCONJ
cjal-3217	187	11	their	their	PRON
cjal-3217	187	12	current	current	ADJ
cjal-3217	187	13	form	form	NOUN
cjal-3217	187	14	although	although	SCONJ
cjal-3217	187	15	china	china	PROPN
cjal-3217	187	16	operates	operate	VERB
cjal-3217	187	17	without	without	ADP
cjal-3217	187	18	formal	formal	ADJ
cjal-3217	187	19	venture	venture	NOUN
cjal-3217	187	20	capital	capital	NOUN
cjal-3217	187	21	legislation	legislation	NOUN
cjal-3217	187	22	,	,	PUNCT
cjal-3217	187	23	china	china	PROPN
cjal-3217	187	24	's	's	PART
cjal-3217	187	25	promising	promising	ADJ
cjal-3217	187	26	markets	market	NOUN
cjal-3217	187	27	in	in	ADP
cjal-3217	187	28	medical	medical	ADJ
cjal-3217	187	29	services	service	NOUN
cjal-3217	187	30	,	,	PUNCT
cjal-3217	187	31	software	software	NOUN
cjal-3217	187	32	,	,	PUNCT
cjal-3217	187	33	wireless	wireless	ADJ
cjal-3217	187	34	applications	application	NOUN
cjal-3217	187	35	,	,	PUNCT
cjal-3217	187	36	and	and	CCONJ
cjal-3217	187	37	biotechnology	biotechnology	NOUN
cjal-3217	187	38	have	have	AUX
cjal-3217	187	39	attracted	attract	VERB
cjal-3217	187	40	a	a	DET
cjal-3217	187	41	number	number	NOUN
cjal-3217	187	42	of	of	ADP
cjal-3217	187	43	venture	venture	NOUN
cjal-3217	187	44	capitalists.7	capitalists.7	NOUN
cjal-3217	187	45	'	'	PUNCT
cjal-3217	187	46	as	as	ADP
cjal-3217	187	47	of	of	ADP
cjal-3217	187	48	1998	1998	NUM
cjal-3217	187	49	there	there	PRON
cjal-3217	187	50	were	be	VERB
cjal-3217	187	51	an	an	DET
cjal-3217	187	52	estimated	estimate	VERB
cjal-3217	187	53	3,112	3,112	NUM
cjal-3217	187	54	venture	venture	NOUN
cjal-3217	187	55	capital	capital	NOUN
cjal-3217	187	56	funds	fund	NOUN
cjal-3217	187	57	managing	manage	VERB
cjal-3217	187	58	roughly	roughly	ADV
cjal-3217	187	59	us$3.62	us$3.62	NUM
cjal-3217	187	60	billion	billion	NUM
cjal-3217	187	61	in	in	ADP
cjal-3217	187	62	china.72	china.72	NOUN
cjal-3217	187	63	the	the	DET
cjal-3217	187	64	majority	majority	NOUN
cjal-3217	187	65	of	of	ADP
cjal-3217	187	66	china	china	PROPN
cjal-3217	187	67	's	's	PART
cjal-3217	187	68	300	300	NUM
cjal-3217	187	69	registered	register	VERB
cjal-3217	187	70	venture	venture	NOUN
cjal-3217	187	71	capital	capital	NOUN
cjal-3217	187	72	institutions	institution	NOUN
cjal-3217	187	73	are	be	AUX
cjal-3217	187	74	organized	organize	VERB
cjal-3217	187	75	as	as	SCONJ
cjal-3217	187	76	venture	venture	NOUN
cjal-3217	187	77	capital	capital	NOUN
cjal-3217	187	78	investment	investment	NOUN
cjal-3217	187	79	companies	company	NOUN
cjal-3217	187	80	,	,	PUNCT
cjal-3217	187	81	of	of	ADP
cjal-3217	187	82	which	which	PRON
cjal-3217	187	83	83	83	NUM
cjal-3217	187	84	%	%	NOUN
cjal-3217	187	85	are	be	AUX
cjal-3217	187	86	limited	limited	ADJ
cjal-3217	187	87	liability	liability	NOUN
cjal-3217	187	88	are	be	AUX
cjal-3217	187	89	expected	expect	VERB
cjal-3217	187	90	to	to	PART
cjal-3217	187	91	increase	increase	VERB
cjal-3217	187	92	dramatically	dramatically	ADV
cjal-3217	187	93	.	.	PUNCT
cjal-3217	188	1	see	see	VERB
cjal-3217	188	2	china	china	PROPN
cjal-3217	188	3	to	to	PART
cjal-3217	188	4	ease	ease	VERB
cjal-3217	188	5	rules	rule	NOUN
cjal-3217	188	6	on	on	ADP
cjal-3217	188	7	foreign	foreign	ADJ
cjal-3217	188	8	banks	bank	NOUN
cjal-3217	188	9	on	on	ADP
cjal-3217	188	10	february	february	PROPN
cjal-3217	188	11	1	1	NUM
cjal-3217	188	12	,	,	PUNCT
cjal-3217	188	13	business	business	NOUN
cjal-3217	188	14	daily	daily	ADJ
cjal-3217	188	15	update	update	NOUN
cjal-3217	188	16	(	(	PUNCT
cjal-3217	188	17	dec	dec	PROPN
cjal-3217	188	18	.	.	PROPN
cjal-3217	188	19	31	31	NUM
cjal-3217	188	20	,	,	PUNCT
cjal-3217	188	21	2001	2001	NUM
cjal-3217	188	22	)	)	PUNCT
cjal-3217	188	23	.	.	PUNCT
cjal-3217	189	1	66	66	NUM
cjal-3217	189	2	see	see	VERB
cjal-3217	189	3	i	i	PROPN
cjal-3217	189	4	d.	d.	PROPN
cjal-3217	189	5	(	(	PUNCT
cjal-3217	189	6	citing	cite	VERB
cjal-3217	189	7	a	a	DET
cjal-3217	189	8	1999	1999	NUM
cjal-3217	189	9	international	international	ADJ
cjal-3217	189	10	finance	finance	NOUN
cjal-3217	189	11	corporation	corporation	NOUN
cjal-3217	189	12	survey	survey	NOUN
cjal-3217	189	13	)	)	PUNCT
cjal-3217	189	14	.	.	PUNCT
cjal-3217	190	1	this	this	PRON
cjal-3217	190	2	is	be	AUX
cjal-3217	190	3	comparatively	comparatively	ADV
cjal-3217	190	4	high	high	ADJ
cjal-3217	190	5	when	when	SCONJ
cjal-3217	190	6	put	put	VERB
cjal-3217	190	7	next	next	ADV
cjal-3217	190	8	to	to	ADP
cjal-3217	190	9	percentages	percentage	NOUN
cjal-3217	190	10	of	of	ADP
cjal-3217	190	11	internal	internal	ADJ
cjal-3217	190	12	funding	funding	NOUN
cjal-3217	190	13	found	find	VERB
cjal-3217	190	14	in	in	ADP
cjal-3217	190	15	advanced	advanced	ADJ
cjal-3217	190	16	reforming	reform	VERB
cjal-3217	190	17	countries	country	NOUN
cjal-3217	190	18	like	like	ADP
cjal-3217	190	19	estonia	estonia	PROPN
cjal-3217	190	20	33	33	NUM
cjal-3217	190	21	%	%	NOUN
cjal-3217	190	22	)	)	PUNCT
cjal-3217	190	23	,	,	PUNCT
cjal-3217	190	24	poland	poland	PROPN
cjal-3217	190	25	(	(	PUNCT
cjal-3217	190	26	34	34	NUM
cjal-3217	190	27	%	%	NOUN
cjal-3217	190	28	)	)	PUNCT
cjal-3217	190	29	,	,	PUNCT
cjal-3217	190	30	and	and	CCONJ
cjal-3217	190	31	lithuania	lithuania	PROPN
cjal-3217	190	32	(	(	PUNCT
cjal-3217	190	33	37	37	NUM
cjal-3217	190	34	%	%	NOUN
cjal-3217	190	35	)	)	PUNCT
cjal-3217	190	36	.	.	PUNCT
cjal-3217	191	1	see	see	VERB
cjal-3217	191	2	i	i	PRON
cjal-3217	191	3	d.	d.	PROPN
cjal-3217	191	4	at	at	ADP
cjal-3217	191	5	3	3	NUM
cjal-3217	191	6	.	.	NOUN
cjal-3217	191	7	7	7	NUM
cjal-3217	191	8	see	see	VERB
cjal-3217	191	9	i	i	PRON
cjal-3217	191	10	d.	d.	PROPN
cjal-3217	191	11	at	at	ADP
cjal-3217	191	12	1	1	NUM
cjal-3217	191	13	.	.	NUM
cjal-3217	191	14	6	6	NUM
cjal-3217	191	15	see	see	VERB
cjal-3217	191	16	i	i	PRON
cjal-3217	191	17	d.	d.	PROPN
cjal-3217	191	18	69	69	NUM
cjal-3217	191	19	see	see	VERB
cjal-3217	191	20	folta	folta	PROPN
cjal-3217	191	21	,	,	PUNCT
cjal-3217	191	22	supra	supra	PROPN
cjal-3217	191	23	note	note	PROPN
cjal-3217	191	24	8	8	NUM
cjal-3217	191	25	,	,	PUNCT
cjal-3217	191	26	at	at	ADP
cjal-3217	191	27	9	9	NUM
cjal-3217	191	28	(	(	PUNCT
cjal-3217	191	29	noting	note	VERB
cjal-3217	191	30	that	that	SCONJ
cjal-3217	191	31	this	this	PRON
cjal-3217	191	32	is	be	AUX
cjal-3217	191	33	a	a	DET
cjal-3217	191	34	1998	1998	NUM
cjal-3217	191	35	figure	figure	NOUN
cjal-3217	191	36	)	)	PUNCT
cjal-3217	191	37	.	.	PUNCT
cjal-3217	192	1	70	70	NUM
cjal-3217	192	2	see	see	VERB
cjal-3217	192	3	i	i	PRON
cjal-3217	192	4	d.	d.	PROPN
cjal-3217	192	5	(	(	PUNCT
cjal-3217	192	6	indicating	indicate	VERB
cjal-3217	192	7	that	that	SCONJ
cjal-3217	192	8	from	from	ADP
cjal-3217	192	9	1997	1997	NUM
cjal-3217	192	10	to	to	ADP
cjal-3217	192	11	1998	1998	NUM
cjal-3217	192	12	the	the	DET
cjal-3217	192	13	growth	growth	NOUN
cjal-3217	192	14	in	in	ADP
cjal-3217	192	15	chinese	chinese	ADJ
cjal-3217	192	16	venture	venture	NOUN
cjal-3217	192	17	capital	capital	NOUN
cjal-3217	192	18	investments	investment	NOUN
cjal-3217	192	19	outpaced	outpace	VERB
cjal-3217	192	20	gdp	gdp	NOUN
cjal-3217	192	21	and	and	CCONJ
cjal-3217	192	22	fdi	fdi	VERB
cjal-3217	192	23	nearly	nearly	ADV
cjal-3217	192	24	two	two	NUM
cjal-3217	192	25	times	time	NOUN
cjal-3217	192	26	.	.	PUNCT
cjal-3217	193	1	venture	venture	NOUN
cjal-3217	193	2	capital	capital	NOUN
cjal-3217	193	3	grew	grow	VERB
cjal-3217	193	4	an	an	DET
cjal-3217	193	5	average	average	NOUN
cjal-3217	193	6	of	of	ADP
cjal-3217	193	7	15.5	15.5	NUM
cjal-3217	193	8	%	%	NOUN
cjal-3217	193	9	,	,	PUNCT
cjal-3217	193	10	gdp	gdp	NOUN
cjal-3217	193	11	8.65	8.65	NUM
cjal-3217	193	12	%	%	NOUN
cjal-3217	193	13	and	and	CCONJ
cjal-3217	193	14	fdi	fdi	NOUN
cjal-3217	193	15	3.7	3.7	NUM
cjal-3217	193	16	%	%	NOUN
cjal-3217	193	17	.	.	PUNCT
cjal-3217	194	1	they	they	PRON
cjal-3217	194	2	also	also	ADV
cjal-3217	194	3	note	note	VERB
cjal-3217	194	4	that	that	SCONJ
cjal-3217	194	5	"	"	PUNCT
cjal-3217	194	6	venture	venture	NOUN
cjal-3217	194	7	capitalists	capitalist	NOUN
cjal-3217	194	8	increasingly	increasingly	ADV
cjal-3217	194	9	get	get	VERB
cjal-3217	194	10	the	the	DET
cjal-3217	194	11	initial	initial	ADJ
cjal-3217	194	12	call	call	NOUN
cjal-3217	194	13	because	because	SCONJ
cjal-3217	194	14	they	they	PRON
cjal-3217	194	15	often	often	ADV
cjal-3217	194	16	appear	appear	VERB
cjal-3217	194	17	more	more	ADV
cjal-3217	194	18	closely	closely	ADV
cjal-3217	194	19	aligned	align	VERB
cjal-3217	194	20	with	with	ADP
cjal-3217	194	21	the	the	DET
cjal-3217	194	22	local	local	ADJ
cjal-3217	194	23	chinese	chinese	ADJ
cjal-3217	194	24	entrepreneur	entrepreneur	NOUN
cjal-3217	194	25	's	's	PART
cjal-3217	194	26	immediate	immediate	ADJ
cjal-3217	194	27	interests	interest	NOUN
cjal-3217	194	28	.	.	PUNCT
cjal-3217	194	29	"	"	PUNCT
cjal-3217	194	30	)	)	PUNCT
cjal-3217	194	31	.	.	PUNCT
cjal-3217	195	1	71	71	NUM
cjal-3217	195	2	see	see	NOUN
cjal-3217	195	3	entering	enter	VERB
cjal-3217	195	4	the	the	DET
cjal-3217	195	5	house	house	NOUN
cjal-3217	195	6	of	of	ADP
cjal-3217	195	7	pain	pain	NOUN
cjal-3217	195	8	-	-	PUNCT
cjal-3217	195	9	and	and	CCONJ
cjal-3217	195	10	profit	profit	NOUN
cjal-3217	195	11	,	,	PUNCT
cjal-3217	195	12	asian	asian	ADJ
cjal-3217	195	13	venture	venture	NOUN
cjal-3217	195	14	capital	capital	NOUN
cjal-3217	195	15	journal	journal	PROPN
cjal-3217	195	16	,	,	PUNCT
cjal-3217	195	17	mar	mar	PROPN
cjal-3217	195	18	.	.	PROPN
cjal-3217	195	19	1999	1999	NUM
cjal-3217	195	20	,	,	PUNCT
cjal-3217	195	21	at	at	ADP
cjal-3217	195	22	22	22	NUM
cjal-3217	195	23	.	.	PUNCT
cjal-3217	195	24	72	72	NUM
cjal-3217	195	25	see	see	NOUN
cjal-3217	195	26	folta	folta	NOUN
cjal-3217	195	27	,	,	PUNCT
cjal-3217	195	28	supra	supra	PROPN
cjal-3217	195	29	note	note	PROPN
cjal-3217	195	30	8	8	NUM
cjal-3217	195	31	,	,	PUNCT
cjal-3217	195	32	at	at	ADP
cjal-3217	195	33	7	7	NUM
cjal-3217	195	34	;	;	PUNCT
cjal-3217	195	35	see	see	AUX
cjal-3217	195	36	also	also	ADV
cjal-3217	195	37	realized	realize	VERB
cjal-3217	195	38	venture	venture	NOUN
cjal-3217	195	39	investment	investment	NOUN
cjal-3217	195	40	in	in	ADP
cjal-3217	195	41	china	china	PROPN
cjal-3217	195	42	only	only	ADV
cjal-3217	195	43	accounts	account	VERB
cjal-3217	195	44	for	for	ADP
cjal-3217	195	45	us$	us$	SYM
cjal-3217	195	46	145	145	NUM
cjal-3217	195	47	million	million	NUM
cjal-3217	195	48	,	,	PUNCT
cjal-3217	195	49	chinaonline	chinaonline	NOUN
cjal-3217	195	50	,	,	PUNCT
cjal-3217	195	51	june	june	PROPN
cjal-3217	195	52	20	20	NUM
cjal-3217	195	53	,	,	PUNCT
cjal-3217	195	54	2001	2001	NUM
cjal-3217	195	55	;	;	PUNCT
cjal-3217	195	56	see	see	VERB
cjal-3217	195	57	also	also	ADV
cjal-3217	195	58	venture	venture	VERB
cjal-3217	195	59	capital	capital	NOUN
cjal-3217	195	60	in	in	ADP
cjal-3217	195	61	china	china	PROPN
cjal-3217	195	62	:	:	PUNCT
cjal-3217	195	63	regulations	regulation	NOUN
cjal-3217	195	64	and	and	CCONJ
cjal-3217	195	65	practices	practice	NOUN
cjal-3217	195	66	,	,	PUNCT
cjal-3217	195	67	china	china	PROPN
cjal-3217	195	68	business	business	PROPN
cjal-3217	195	69	,	,	PUNCT
cjal-3217	195	70	dec	dec	PROPN
cjal-3217	195	71	.	.	PROPN
cjal-3217	195	72	7	7	NUM
cjal-3217	195	73	,	,	PUNCT
cjal-3217	195	74	2001	2001	NUM
cjal-3217	195	75	.	.	PUNCT
cjal-3217	196	1	2002	2002	NUM
cjal-3217	196	2	]	]	PUNCT
cjal-3217	196	3	columbia	columbia	PROPN
cjal-3217	196	4	journal	journal	PROPN
cjal-3217	196	5	of	of	ADP
cjal-3217	196	6	asian	asian	PROPN
cjal-3217	196	7	la	la	PROPN
cjal-3217	196	8	w	w	PROPN
cjal-3217	196	9	companies	company	NOUN
cjal-3217	196	10	under	under	ADP
cjal-3217	196	11	china	china	PROPN
cjal-3217	196	12	's	's	PART
cjal-3217	196	13	company	company	NOUN
cjal-3217	196	14	law.73	law.73	VERB
cjal-3217	196	15	most	most	ADJ
cjal-3217	196	16	of	of	ADP
cjal-3217	196	17	these	these	PRON
cjal-3217	196	18	were	be	AUX
cjal-3217	196	19	formed	form	VERB
cjal-3217	196	20	in	in	ADP
cjal-3217	196	21	1999	1999	NUM
cjal-3217	196	22	and	and	CCONJ
cjal-3217	196	23	concentrate	concentrate	VERB
cjal-3217	196	24	in	in	ADP
cjal-3217	196	25	the	the	DET
cjal-3217	196	26	coastal	coastal	ADJ
cjal-3217	196	27	areas	area	NOUN
cjal-3217	196	28	with	with	ADP
cjal-3217	196	29	the	the	DET
cjal-3217	196	30	government	government	NOUN
cjal-3217	196	31	holding	hold	VERB
cjal-3217	196	32	equity	equity	NOUN
cjal-3217	196	33	in	in	ADP
cjal-3217	196	34	about	about	ADV
cjal-3217	196	35	90	90	NUM
cjal-3217	196	36	%	%	NOUN
cjal-3217	196	37	of	of	ADP
cjal-3217	196	38	them	they	PRON
cjal-3217	196	39	.	.	PUNCT
cjal-3217	197	1	7	7	NUM
cjal-3217	197	2	of	of	ADP
cjal-3217	197	3	the	the	DET
cjal-3217	197	4	total	total	ADJ
cjal-3217	197	5	number	number	NOUN
cjal-3217	197	6	of	of	ADP
cjal-3217	197	7	institutions	institution	NOUN
cjal-3217	197	8	,	,	PUNCT
cjal-3217	197	9	ownership	ownership	NOUN
cjal-3217	197	10	breaks	break	VERB
cjal-3217	197	11	down	down	ADP
cjal-3217	197	12	as	as	SCONJ
cjal-3217	197	13	follows:75	follows:75	PRON
cjal-3217	197	14	whollygovernmentprivate	whollygovernmentprivate	VERB
cjal-3217	197	15	lforeignother	lforeignother	ADJ
cjal-3217	197	16	"	"	PUNCT
cjal-3217	197	17	state	state	NOUN
cjal-3217	197	18	invested	invest	VERB
cjal-3217	197	19	owned	own	VERB
cjal-3217	197	20	invested77	invested77	NOUN
cjal-3217	197	21	percent	percent	VERB
cjal-3217	197	22	19	19	NUM
cjal-3217	197	23	%	%	NOUN
cjal-3217	197	24	20	20	NUM
cjal-3217	197	25	%	%	NOUN
cjal-3217	197	26	44	44	NUM
cjal-3217	197	27	%	%	NOUN
cjal-3217	197	28	13	13	NUM
cjal-3217	197	29	%	%	NOUN
cjal-3217	197	30	4	4	NUM
cjal-3217	197	31	%	%	NOUN
cjal-3217	197	32	while	while	SCONJ
cjal-3217	197	33	the	the	DET
cjal-3217	197	34	government	government	NOUN
cjal-3217	197	35	's	's	PART
cjal-3217	197	36	share	share	NOUN
cjal-3217	197	37	of	of	ADP
cjal-3217	197	38	investment	investment	NOUN
cjal-3217	197	39	funds	fund	NOUN
cjal-3217	197	40	has	have	AUX
cjal-3217	197	41	fallen	fall	VERB
cjal-3217	197	42	from	from	ADP
cjal-3217	197	43	70	70	NUM
cjal-3217	197	44	%	%	NOUN
cjal-3217	197	45	to	to	PART
cjal-3217	197	46	43	43	NUM
cjal-3217	197	47	%	%	NOUN
cjal-3217	197	48	79	79	NUM
cjal-3217	197	49	and	and	CCONJ
cjal-3217	197	50	chinese	chinese	ADJ
cjal-3217	197	51	enterprises	enterprise	NOUN
cjal-3217	197	52	now	now	ADV
cjal-3217	197	53	account	account	VERB
cjal-3217	197	54	for	for	ADP
cjal-3217	197	55	40	40	NUM
cjal-3217	197	56	%	%	NOUN
cjal-3217	197	57	,	,	PUNCT
cjal-3217	197	58	'	'	PUNCT
cjal-3217	197	59	0	0	NUM
cjal-3217	197	60	indicating	indicate	VERB
cjal-3217	197	61	a	a	DET
cjal-3217	197	62	healthy	healthy	ADJ
cjal-3217	197	63	diversification	diversification	NOUN
cjal-3217	197	64	of	of	ADP
cjal-3217	197	65	domestic	domestic	ADJ
cjal-3217	197	66	funding	funding	NOUN
cjal-3217	197	67	sources	source	NOUN
cjal-3217	197	68	,	,	PUNCT
cjal-3217	197	69	it	it	PRON
cjal-3217	197	70	is	be	AUX
cjal-3217	197	71	important	important	ADJ
cjal-3217	197	72	to	to	PART
cjal-3217	197	73	recognize	recognize	VERB
cjal-3217	197	74	that	that	SCONJ
cjal-3217	197	75	90	90	NUM
cjal-3217	197	76	%	%	NOUN
cjal-3217	197	77	of	of	ADP
cjal-3217	197	78	total	total	ADJ
cjal-3217	197	79	realized	realize	VERB
cjal-3217	197	80	venture	venture	NOUN
cjal-3217	197	81	capital	capital	NOUN
cjal-3217	197	82	73	73	NUM
cjal-3217	197	83	see	see	VERB
cjal-3217	197	84	organization	organization	NOUN
cjal-3217	197	85	and	and	CCONJ
cjal-3217	197	86	ownership	ownership	NOUN
cjal-3217	197	87	structure	structure	NOUN
cjal-3217	197	88	,	,	PUNCT
cjal-3217	197	89	china	china	PROPN
cjal-3217	197	90	business	business	PROPN
cjal-3217	197	91	,	,	PUNCT
cjal-3217	197	92	dec	dec	PROPN
cjal-3217	197	93	.	.	PROPN
cjal-3217	197	94	7	7	NUM
cjal-3217	197	95	,	,	PUNCT
cjal-3217	197	96	2001	2001	NUM
cjal-3217	197	97	.	.	PUNCT
cjal-3217	198	1	sixty	sixty	NUM
cjal-3217	198	2	-	-	PUNCT
cjal-3217	198	3	one	one	NUM
cjal-3217	198	4	percent	percent	NOUN
cjal-3217	198	5	of	of	ADP
cjal-3217	198	6	all	all	DET
cjal-3217	198	7	capital	capital	NOUN
cjal-3217	198	8	investment	investment	NOUN
cjal-3217	198	9	institutions	institution	NOUN
cjal-3217	198	10	are	be	AUX
cjal-3217	198	11	venture	venture	NOUN
cjal-3217	198	12	capital	capital	NOUN
cjal-3217	198	13	investment	investment	NOUN
cjal-3217	198	14	companies	company	NOUN
cjal-3217	198	15	.	.	PUNCT
cjal-3217	199	1	the	the	DET
cjal-3217	199	2	others	other	NOUN
cjal-3217	199	3	are	be	AUX
cjal-3217	199	4	organized	organize	VERB
cjal-3217	199	5	as	as	ADP
cjal-3217	199	6	venture	venture	NOUN
cjal-3217	199	7	capital	capital	NOUN
cjal-3217	199	8	investment	investment	NOUN
cjal-3217	199	9	management	management	NOUN
cjal-3217	199	10	companies	company	NOUN
cjal-3217	199	11	or	or	CCONJ
cjal-3217	199	12	venture	venture	NOUN
cjal-3217	199	13	capital	capital	NOUN
cjal-3217	199	14	investment	investment	NOUN
cjal-3217	199	15	divisions	division	NOUN
cjal-3217	199	16	under	under	ADP
cjal-3217	199	17	companies	company	NOUN
cjal-3217	199	18	or	or	CCONJ
cjal-3217	199	19	enterprises	enterprise	NOUN
cjal-3217	199	20	.	.	PUNCT
cjal-3217	200	1	74	74	NUM
cjal-3217	200	2	see	see	VERB
cjal-3217	200	3	realized	realize	VERB
cjal-3217	200	4	venture	venture	NOUN
cjal-3217	200	5	investment	investment	NOUN
cjal-3217	200	6	,	,	PUNCT
cjal-3217	200	7	supra	supra	PROPN
cjal-3217	200	8	note	note	PROPN
cjal-3217	200	9	72	72	NUM
cjal-3217	200	10	(	(	PUNCT
cjal-3217	200	11	indicating	indicate	VERB
cjal-3217	200	12	that	that	SCONJ
cjal-3217	200	13	about	about	ADV
cjal-3217	200	14	83	83	NUM
cjal-3217	200	15	%	%	NOUN
cjal-3217	200	16	of	of	ADP
cjal-3217	200	17	china	china	PROPN
cjal-3217	200	18	's	's	PART
cjal-3217	200	19	venture	venture	NOUN
cjal-3217	200	20	capital	capital	NOUN
cjal-3217	200	21	investment	investment	NOUN
cjal-3217	200	22	companies	company	NOUN
cjal-3217	200	23	were	be	AUX
cjal-3217	200	24	established	establish	VERB
cjal-3217	200	25	in	in	ADP
cjal-3217	200	26	1999	1999	NUM
cjal-3217	200	27	)	)	PUNCT
cjal-3217	200	28	;	;	PUNCT
cjal-3217	200	29	see	see	VERB
cjal-3217	200	30	also	also	ADV
cjal-3217	200	31	venture	venture	VERB
cjal-3217	200	32	capital	capital	NOUN
cjal-3217	200	33	in	in	ADP
cjal-3217	200	34	china	china	PROPN
cjal-3217	200	35	:	:	PUNCT
cjal-3217	200	36	regulations	regulation	NOUN
cjal-3217	200	37	and	and	CCONJ
cjal-3217	200	38	practices	practice	NOUN
cjal-3217	200	39	,	,	PUNCT
cjal-3217	200	40	supra	supra	PROPN
cjal-3217	200	41	note	note	NOUN
cjal-3217	200	42	72	72	NUM
cjal-3217	200	43	.	.	PUNCT
cjal-3217	201	1	shanghai	shanghai	PROPN
cjal-3217	201	2	,	,	PUNCT
cjal-3217	201	3	beijing	beijing	PROPN
cjal-3217	201	4	and	and	CCONJ
cjal-3217	201	5	shenzhen	shenzhen	PROPN
cjal-3217	201	6	each	each	PRON
cjal-3217	201	7	have	have	VERB
cjal-3217	201	8	more	more	ADJ
cjal-3217	201	9	than	than	ADP
cjal-3217	201	10	60	60	NUM
cjal-3217	201	11	institutions	institution	NOUN
cjal-3217	201	12	.	.	PUNCT
cjal-3217	202	1	nanjing	nanjing	PROPN
cjal-3217	202	2	,	,	PUNCT
cjal-3217	202	3	hangzhou	hangzhou	PROPN
cjal-3217	202	4	,	,	PUNCT
cjal-3217	202	5	tianjin	tianjin	PROPN
cjal-3217	202	6	and	and	CCONJ
cjal-3217	202	7	guangzhou	guangzhou	PROPN
cjal-3217	202	8	each	each	PRON
cjal-3217	202	9	have	have	VERB
cjal-3217	202	10	about	about	ADV
cjal-3217	202	11	ten	ten	NUM
cjal-3217	202	12	such	such	ADJ
cjal-3217	202	13	firms	firm	NOUN
cjal-3217	202	14	.	.	PUNCT
cjal-3217	203	1	dalian	dalian	PROPN
cjal-3217	203	2	,	,	PUNCT
cjal-3217	203	3	shenyang	shenyang	PROPN
cjal-3217	203	4	,	,	PUNCT
cjal-3217	203	5	xi'an	xi'an	PROPN
cjal-3217	203	6	and	and	CCONJ
cjal-3217	203	7	chengdu	chengdu	PROPN
cjal-3217	203	8	each	each	PRON
cjal-3217	203	9	have	have	VERB
cjal-3217	203	10	around	around	ADP
cjal-3217	203	11	five	five	NUM
cjal-3217	203	12	.	.	PUNCT
cjal-3217	204	1	on	on	ADP
cjal-3217	204	2	average	average	ADJ
cjal-3217	204	3	,	,	PUNCT
cjal-3217	204	4	each	each	DET
cjal-3217	204	5	provincial	provincial	ADJ
cjal-3217	204	6	capital	capital	NOUN
cjal-3217	204	7	has	have	VERB
cjal-3217	204	8	one	one	NUM
cjal-3217	204	9	or	or	CCONJ
cjal-3217	204	10	two	two	NUM
cjal-3217	204	11	such	such	ADJ
cjal-3217	204	12	venture	venture	NOUN
cjal-3217	204	13	capital	capital	NOUN
cjal-3217	204	14	institutions	institution	NOUN
cjal-3217	204	15	.	.	PUNCT
cjal-3217	205	1	75	75	NUM
cjal-3217	205	2	see	see	VERB
cjal-3217	205	3	organization	organization	NOUN
cjal-3217	205	4	and	and	CCONJ
cjal-3217	205	5	ownership	ownership	NOUN
cjal-3217	205	6	structure	structure	NOUN
cjal-3217	205	7	,	,	PUNCT
cjal-3217	205	8	supra	supra	PROPN
cjal-3217	205	9	note	note	NOUN
cjal-3217	205	10	73	73	NUM
cjal-3217	205	11	.	.	PUNCT
cjal-3217	206	1	76	76	NUM
cjal-3217	206	2	see	see	VERB
cjal-3217	206	3	folta	folta	PROPN
cjal-3217	206	4	,	,	PUNCT
cjal-3217	206	5	supra	supra	PROPN
cjal-3217	206	6	note	note	PROPN
cjal-3217	206	7	8	8	NUM
cjal-3217	206	8	,	,	PUNCT
cjal-3217	206	9	at	at	ADP
cjal-3217	206	10	7	7	NUM
cjal-3217	206	11	(	(	PUNCT
cjal-3217	206	12	indicating	indicate	VERB
cjal-3217	206	13	that	that	SCONJ
cjal-3217	206	14	most	most	ADJ
cjal-3217	206	15	of	of	ADP
cjal-3217	206	16	these	these	DET
cjal-3217	206	17	funds	fund	NOUN
cjal-3217	206	18	are	be	AUX
cjal-3217	206	19	based	base	VERB
cjal-3217	206	20	in	in	ADP
cjal-3217	206	21	hong	hong	PROPN
cjal-3217	206	22	kong	kong	PROPN
cjal-3217	206	23	)	)	PUNCT
cjal-3217	206	24	.	.	PUNCT
cjal-3217	207	1	77	77	NUM
cjal-3217	207	2	see	see	VERB
cjal-3217	207	3	the	the	DET
cjal-3217	207	4	2000	2000	NUM
cjal-3217	207	5	guide	guide	NOUN
cjal-3217	207	6	to	to	PART
cjal-3217	207	7	venture	venture	VERB
cjal-3217	207	8	capital	capital	NOUN
cjal-3217	207	9	in	in	ADP
cjal-3217	207	10	asia	asia	PROPN
cjal-3217	207	11	,	,	PUNCT
cjal-3217	207	12	supra	supra	PROPN
cjal-3217	207	13	note	note	PROPN
cjal-3217	207	14	7	7	NUM
cjal-3217	207	15	,	,	PUNCT
cjal-3217	207	16	at	at	ADP
cjal-3217	207	17	45	45	NUM
cjal-3217	207	18	-	-	SYM
cjal-3217	207	19	46	46	NUM
cjal-3217	207	20	;	;	PUNCT
cjal-3217	207	21	see	see	VERB
cjal-3217	207	22	also	also	ADV
cjal-3217	207	23	dennis	dennis	PROPN
cjal-3217	207	24	taylor	taylor	PROPN
cjal-3217	207	25	,	,	PUNCT
cjal-3217	207	26	u.s	u.s	PROPN
cjal-3217	207	27	.	.	PROPN
cjal-3217	207	28	,	,	PUNCT
cjal-3217	207	29	china	china	PROPN
cjal-3217	207	30	vcs	vcs	PROPN
cjal-3217	207	31	join	join	VERB
cjal-3217	207	32	forces	force	NOUN
cjal-3217	207	33	to	to	ADP
cjal-3217	207	34	fund	fund	NOUN
cjal-3217	207	35	projects	project	NOUN
cjal-3217	207	36	,	,	PUNCT
cjal-3217	207	37	the	the	DET
cjal-3217	207	38	bus	bus	NOUN
cjal-3217	207	39	.	.	PUNCT
cjal-3217	208	1	j.	j.	PROPN
cjal-3217	208	2	,	,	PUNCT
cjal-3217	208	3	june	june	PROPN
cjal-3217	208	4	2	2	NUM
cjal-3217	208	5	,	,	PUNCT
cjal-3217	208	6	2000	2000	NUM
cjal-3217	208	7	.	.	PUNCT
cjal-3217	209	1	over	over	ADP
cjal-3217	209	2	fifty	fifty	NUM
cjal-3217	209	3	foreign	foreign	ADJ
cjal-3217	209	4	funds	fund	NOUN
cjal-3217	209	5	operate	operate	VERB
cjal-3217	209	6	in	in	ADP
cjal-3217	209	7	china	china	PROPN
cjal-3217	209	8	backed	back	VERB
cjal-3217	209	9	by	by	ADP
cjal-3217	209	10	some	some	DET
cjal-3217	209	11	600	600	NUM
cjal-3217	209	12	to	to	PART
cjal-3217	209	13	800	800	NUM
cjal-3217	209	14	companies	company	NOUN
cjal-3217	209	15	interested	interested	ADJ
cjal-3217	209	16	in	in	ADP
cjal-3217	209	17	chinese	chinese	ADJ
cjal-3217	209	18	startups	startup	NOUN
cjal-3217	209	19	.	.	PUNCT
cjal-3217	210	1	see	see	AUX
cjal-3217	210	2	also	also	ADV
cjal-3217	210	3	see	see	VERB
cjal-3217	210	4	entering	enter	VERB
cjal-3217	210	5	the	the	DET
cjal-3217	210	6	house	house	NOUN
cjal-3217	210	7	of	of	ADP
cjal-3217	210	8	pain	pain	NOUN
cjal-3217	210	9	-	-	PUNCT
cjal-3217	210	10	and	and	CCONJ
cjal-3217	210	11	profit	profit	NOUN
cjal-3217	210	12	,	,	PUNCT
cjal-3217	210	13	supra	supra	PROPN
cjal-3217	210	14	note	note	NOUN
cjal-3217	210	15	71	71	NUM
cjal-3217	210	16	,	,	PUNCT
cjal-3217	210	17	at	at	ADP
cjal-3217	210	18	22	22	NUM
cjal-3217	210	19	.	.	PUNCT
cjal-3217	211	1	the	the	DET
cjal-3217	211	2	walden	walden	PROPN
cjal-3217	211	3	group	group	NOUN
cjal-3217	211	4	's	's	PART
cjal-3217	211	5	china	china	PROPN
cjal-3217	211	6	walden	walden	PROPN
cjal-3217	211	7	fund	fund	PROPN
cjal-3217	211	8	invested	invest	VERB
cjal-3217	211	9	us$100	us$100	PROPN
cjal-3217	211	10	million	million	NUM
cjal-3217	211	11	in	in	ADP
cjal-3217	211	12	early	early	ADJ
cjal-3217	211	13	-	-	PUNCT
cjal-3217	211	14	stage	stage	NOUN
cjal-3217	211	15	high	high	ADJ
cjal-3217	211	16	-	-	PUNCT
cjal-3217	211	17	tech	tech	NOUN
cjal-3217	211	18	private	private	ADJ
cjal-3217	211	19	enterprises	enterprise	NOUN
cjal-3217	211	20	.	.	PUNCT
cjal-3217	212	1	see	see	VERB
cjal-3217	212	2	folta	folta	PROPN
cjal-3217	212	3	,	,	PUNCT
cjal-3217	212	4	supra	supra	PROPN
cjal-3217	212	5	note	note	NOUN
cjal-3217	212	6	8	8	NUM
cjal-3217	212	7	.	.	PUNCT
cjal-3217	213	1	chase	chase	NOUN
cjal-3217	213	2	capital	capital	NOUN
cjal-3217	213	3	partners	partner	NOUN
cjal-3217	213	4	,	,	PUNCT
cjal-3217	213	5	an	an	DET
cjal-3217	213	6	affiliate	affiliate	NOUN
cjal-3217	213	7	of	of	ADP
cjal-3217	213	8	chase	chase	PROPN
cjal-3217	213	9	manhattan	manhattan	PROPN
cjal-3217	213	10	corporation	corporation	PROPN
cjal-3217	213	11	,	,	PUNCT
cjal-3217	213	12	dedicated	dedicate	VERB
cjal-3217	213	13	50	50	NUM
cjal-3217	213	14	%	%	NOUN
cjal-3217	213	15	of	of	ADP
cjal-3217	213	16	its	its	PRON
cjal-3217	213	17	us$100	us$100	PROPN
cjal-3217	213	18	million	million	NUM
cjal-3217	213	19	asian	asian	ADJ
cjal-3217	213	20	portfolio	portfolio	NOUN
cjal-3217	213	21	to	to	ADP
cjal-3217	213	22	china	china	PROPN
cjal-3217	213	23	and	and	CCONJ
cjal-3217	213	24	opened	open	VERB
cjal-3217	213	25	a	a	DET
cjal-3217	213	26	us$521	us$521	NOUN
cjal-3217	213	27	million	million	NUM
cjal-3217	213	28	asia	asia	PROPN
cjal-3217	213	29	opportunities	opportunity	NOUN
cjal-3217	213	30	fund	fund	PROPN
cjal-3217	213	31	with	with	ADP
cjal-3217	213	32	the	the	DET
cjal-3217	213	33	world	world	PROPN
cjal-3217	213	34	bank	bank	PROPN
cjal-3217	213	35	's	's	PART
cjal-3217	213	36	ifc	ifc	NOUN
cjal-3217	213	37	.	.	PUNCT
cjal-3217	214	1	see	see	VERB
cjal-3217	214	2	i	i	PRON
cjal-3217	214	3	d.	d.	PROPN
cjal-3217	214	4	baring	bare	VERB
cjal-3217	214	5	capital	capital	NOUN
cjal-3217	214	6	partners	partner	NOUN
cjal-3217	214	7	,	,	PUNCT
cjal-3217	214	8	through	through	ADP
cjal-3217	214	9	its	its	PRON
cjal-3217	214	10	us$75	us$75	NOUN
cjal-3217	214	11	million	million	NUM
cjal-3217	214	12	ing	ing	ADJ
cjal-3217	214	13	beijing	beijing	PROPN
cjal-3217	214	14	fund	fund	PROPN
cjal-3217	214	15	,	,	PUNCT
cjal-3217	214	16	has	have	AUX
cjal-3217	214	17	invested	invest	VERB
cjal-3217	214	18	in	in	ADP
cjal-3217	214	19	winners	winner	NOUN
cjal-3217	214	20	like	like	ADP
cjal-3217	214	21	skyworth	skyworth	PROPN
cjal-3217	214	22	digital	digital	PROPN
cjal-3217	214	23	,	,	PUNCT
cjal-3217	214	24	china	china	PROPN
cjal-3217	214	25	's	's	PART
cjal-3217	214	26	fourth	fourth	ADV
cjal-3217	214	27	largest	large	ADJ
cjal-3217	214	28	color	color	NOUN
cjal-3217	214	29	television	television	NOUN
cjal-3217	214	30	manufacturer	manufacturer	NOUN
cjal-3217	214	31	and	and	CCONJ
cjal-3217	214	32	listed	list	VERB
cjal-3217	214	33	on	on	ADP
cjal-3217	214	34	the	the	DET
cjal-3217	214	35	hong	hong	PROPN
cjal-3217	214	36	kong	kong	PROPN
cjal-3217	214	37	exchange	exchange	PROPN
cjal-3217	214	38	.	.	PUNCT
cjal-3217	215	1	skyworth	skyworth	NOUN
cjal-3217	215	2	also	also	ADV
cjal-3217	215	3	has	have	AUX
cjal-3217	215	4	paired	pair	VERB
cjal-3217	215	5	up	up	ADP
cjal-3217	215	6	with	with	ADP
cjal-3217	215	7	microsoft	microsoft	PROPN
cjal-3217	215	8	china	china	PROPN
cjal-3217	215	9	corporation	corporation	PROPN
cjal-3217	215	10	to	to	PART
cjal-3217	215	11	develop	develop	VERB
cjal-3217	215	12	set	set	VERB
cjal-3217	215	13	-	-	PUNCT
cjal-3217	215	14	top	top	NOUN
cjal-3217	215	15	internet	internet	NOUN
cjal-3217	215	16	boxes	box	NOUN
cjal-3217	215	17	.	.	PUNCT
cjal-3217	216	1	see	see	VERB
cjal-3217	216	2	reconfiguring	reconfigure	VERB
cjal-3217	216	3	the	the	DET
cjal-3217	216	4	portfolio	portfolio	NOUN
cjal-3217	216	5	,	,	PUNCT
cjal-3217	216	6	asian	asian	ADJ
cjal-3217	216	7	venture	venture	NOUN
cjal-3217	216	8	capital	capital	NOUN
cjal-3217	216	9	journal	journal	PROPN
cjal-3217	216	10	,	,	PUNCT
cjal-3217	216	11	may	may	PROPN
cjal-3217	216	12	2000	2000	NUM
cjal-3217	216	13	,	,	PUNCT
cjal-3217	216	14	at	at	ADP
cjal-3217	216	15	11	11	NUM
cjal-3217	216	16	.	.	PUNCT
cjal-3217	217	1	inter	inter	ADJ
cjal-3217	217	2	-	-	ADJ
cjal-3217	217	3	asia	asia	ADJ
cjal-3217	217	4	venture	venture	NOUN
cjal-3217	217	5	management	management	NOUN
cjal-3217	217	6	limited	limit	VERB
cjal-3217	217	7	brought	bring	VERB
cjal-3217	217	8	macdonald	macdonald	PROPN
cjal-3217	217	9	's	's	PART
cjal-3217	217	10	to	to	ADP
cjal-3217	217	11	china	china	PROPN
cjal-3217	217	12	and	and	CCONJ
cjal-3217	217	13	corporate	corporate	ADJ
cjal-3217	217	14	giants	giant	NOUN
cjal-3217	217	15	like	like	ADP
cjal-3217	217	16	ibm	ibm	PROPN
cjal-3217	217	17	,	,	PUNCT
cjal-3217	217	18	intel	intel	NOUN
cjal-3217	217	19	,	,	PUNCT
cjal-3217	217	20	and	and	CCONJ
cjal-3217	217	21	lucent	lucent	NOUN
cjal-3217	217	22	technologies	technology	NOUN
cjal-3217	217	23	also	also	ADV
cjal-3217	217	24	are	be	AUX
cjal-3217	217	25	joining	join	VERB
cjal-3217	217	26	the	the	DET
cjal-3217	217	27	fray	fray	NOUN
cjal-3217	217	28	.	.	PUNCT
cjal-3217	218	1	see	see	VERB
cjal-3217	218	2	entering	enter	VERB
cjal-3217	218	3	the	the	DET
cjal-3217	218	4	house	house	NOUN
cjal-3217	218	5	of	of	ADP
cjal-3217	218	6	pain	pain	NOUN
cjal-3217	218	7	,	,	PUNCT
cjal-3217	218	8	supra	supra	PROPN
cjal-3217	218	9	;	;	PUNCT
cjal-3217	218	10	see	see	VERB
cjal-3217	218	11	also	also	ADV
cjal-3217	218	12	sunray	sunray	VERB
cjal-3217	218	13	liu	liu	PROPN
cjal-3217	218	14	,	,	PUNCT
cjal-3217	218	15	western	western	ADJ
cjal-3217	218	16	venture	venture	NOUN
cjal-3217	218	17	capitalists	capitalist	NOUN
cjal-3217	218	18	chase	chase	VERB
cjal-3217	218	19	tech	tech	NOUN
cjal-3217	218	20	companies	company	NOUN
cjal-3217	218	21	,	,	PUNCT
cjal-3217	218	22	despite	despite	SCONJ
cjal-3217	218	23	debate	debate	NOUN
cjal-3217	218	24	over	over	ADP
cjal-3217	218	25	country	country	NOUN
cjal-3217	218	26	's	's	PART
cjal-3217	218	27	trade	trade	NOUN
cjal-3217	218	28	statuschina	statuschina	NOUN
cjal-3217	218	29	sees	see	VERB
cjal-3217	218	30	too	too	ADV
cjal-3217	218	31	many	many	ADJ
cjal-3217	218	32	investors	investor	NOUN
cjal-3217	218	33	,	,	PUNCT
cjal-3217	218	34	too	too	ADV
cjal-3217	218	35	few	few	ADJ
cjal-3217	218	36	startup	startup	NOUN
cjal-3217	218	37	,	,	PUNCT
cjal-3217	218	38	elec	elec	PROPN
cjal-3217	218	39	.	.	PUNCT
cjal-3217	219	1	eng'g	eng'g	PROPN
cjal-3217	219	2	times	time	NOUN
cjal-3217	219	3	,	,	PUNCT
cjal-3217	219	4	may	may	AUX
cjal-3217	219	5	22	22	NUM
cjal-3217	219	6	,	,	PUNCT
cjal-3217	219	7	2000	2000	NUM
cjal-3217	219	8	.	.	PUNCT
cjal-3217	220	1	ibm	ibm	PROPN
cjal-3217	220	2	will	will	AUX
cjal-3217	220	3	provide	provide	VERB
cjal-3217	220	4	us$200	us$200	ADP
cjal-3217	220	5	million	million	NUM
cjal-3217	220	6	in	in	ADP
cjal-3217	220	7	venture	venture	NOUN
cjal-3217	220	8	capital	capital	NOUN
cjal-3217	220	9	to	to	ADP
cjal-3217	220	10	local	local	ADJ
cjal-3217	220	11	e	e	PROPN
cjal-3217	220	12	-	-	ADJ
cjal-3217	220	13	commerce	commerce	ADJ
cjal-3217	220	14	start	start	NOUN
cjal-3217	220	15	-	-	PUNCT
cjal-3217	220	16	ups	up	NOUN
cjal-3217	220	17	and	and	CCONJ
cjal-3217	220	18	intel	intel	PROPN
cjal-3217	220	19	has	have	AUX
cjal-3217	220	20	contributed	contribute	VERB
cjal-3217	220	21	to	to	ADP
cjal-3217	220	22	leading	lead	VERB
cjal-3217	220	23	chinese	chinese	ADJ
cjal-3217	220	24	portals	portal	NOUN
cjal-3217	220	25	,	,	PUNCT
cjal-3217	220	26	e	e	NOUN
cjal-3217	220	27	-	-	NOUN
cjal-3217	220	28	commerce	commerce	NOUN
cjal-3217	220	29	sites	site	NOUN
cjal-3217	220	30	,	,	PUNCT
cjal-3217	220	31	and	and	CCONJ
cjal-3217	220	32	wireless	wireless	ADJ
cjal-3217	220	33	telecommunications	telecommunication	NOUN
cjal-3217	220	34	start	start	NOUN
cjal-3217	220	35	-	-	PUNCT
cjal-3217	220	36	ups	up	NOUN
cjal-3217	220	37	.	.	PUNCT
cjal-3217	221	1	see	see	VERB
cjal-3217	221	2	i	i	PRON
cjal-3217	221	3	d.	d.	PROPN
cjal-3217	221	4	78	78	NUM
cjal-3217	221	5	see	see	VERB
cjal-3217	221	6	organization	organization	NOUN
cjal-3217	221	7	and	and	CCONJ
cjal-3217	221	8	ownership	ownership	NOUN
cjal-3217	221	9	structure	structure	NOUN
cjal-3217	221	10	,	,	PUNCT
cjal-3217	221	11	supra	supra	PROPN
cjal-3217	221	12	note	note	NOUN
cjal-3217	221	13	73	73	NUM
cjal-3217	221	14	(	(	PUNCT
cjal-3217	221	15	explaining	explain	VERB
cjal-3217	221	16	the	the	DET
cjal-3217	221	17	other	other	ADJ
cjal-3217	221	18	category	category	NOUN
cjal-3217	221	19	as	as	ADP
cjal-3217	221	20	listed	list	VERB
cjal-3217	221	21	chinese	chinese	ADJ
cjal-3217	221	22	companies	company	NOUN
cjal-3217	221	23	,	,	PUNCT
cjal-3217	221	24	large	large	ADJ
cjal-3217	221	25	enterprises	enterprise	NOUN
cjal-3217	221	26	,	,	PUNCT
cjal-3217	221	27	research	research	NOUN
cjal-3217	221	28	institutes	institute	NOUN
cjal-3217	221	29	,	,	PUNCT
cjal-3217	221	30	hi	hi	ADJ
cjal-3217	221	31	-	-	PUNCT
cjal-3217	221	32	tech	tech	NOUN
cjal-3217	221	33	development	development	NOUN
cjal-3217	221	34	zones	zone	NOUN
cjal-3217	221	35	and	and	CCONJ
cjal-3217	221	36	securities	security	NOUN
cjal-3217	221	37	houses	house	NOUN
cjal-3217	221	38	)	)	PUNCT
cjal-3217	221	39	.	.	PUNCT
cjal-3217	222	1	79	79	NUM
cjal-3217	222	2	see	see	VERB
cjal-3217	222	3	government	government	NOUN
cjal-3217	222	4	funds	fund	NOUN
cjal-3217	222	5	account	account	VERB
cjal-3217	222	6	for	for	ADP
cjal-3217	222	7	43	43	NUM
cjal-3217	222	8	%	%	NOUN
cjal-3217	222	9	of	of	ADP
cjal-3217	222	10	venture	venture	NOUN
cjal-3217	222	11	capital	capital	NOUN
cjal-3217	222	12	investment	investment	NOUN
cjal-3217	222	13	,	,	PUNCT
cjal-3217	222	14	china	china	PROPN
cjal-3217	222	15	business	business	PROPN
cjal-3217	222	16	,	,	PUNCT
cjal-3217	222	17	aug	aug	PROPN
cjal-3217	222	18	.	.	PROPN
cjal-3217	223	1	3,2001	3,2001	NUM
cjal-3217	223	2	.	.	PUNCT
cjal-3217	224	1	80	80	NUM
cjal-3217	224	2	see	see	NOUN
cjal-3217	224	3	organization	organization	NOUN
cjal-3217	224	4	and	and	CCONJ
cjal-3217	224	5	ownership	ownership	NOUN
cjal-3217	224	6	structure	structure	NOUN
cjal-3217	224	7	,	,	PUNCT
cjal-3217	224	8	supra	supra	PROPN
cjal-3217	224	9	note	note	NOUN
cjal-3217	224	10	73	73	NUM
cjal-3217	224	11	.	.	PUNCT
cjal-3217	225	1	[	[	X
cjal-3217	225	2	16:1	16:1	NUM
cjal-3217	225	3	2002	2002	NUM
cjal-3217	225	4	]	]	PUNCT
cjal-3217	225	5	venture	venture	NOUN
cjal-3217	225	6	capital	capital	NOUN
cjal-3217	225	7	in	in	ADP
cjal-3217	225	8	china	china	PROPN
cjal-3217	225	9	investments	investment	NOUN
cjal-3217	225	10	comes	come	VERB
cjal-3217	225	11	from	from	ADP
cjal-3217	225	12	overseas	overseas	ADV
cjal-3217	225	13	.	.	PUNCT
cjal-3217	226	1	8	8	NUM
cjal-3217	226	2	'	'	PUNCT
cjal-3217	226	3	this	this	PRON
cjal-3217	226	4	makes	make	VERB
cjal-3217	226	5	a	a	DET
cjal-3217	226	6	further	further	ADJ
cjal-3217	226	7	analysis	analysis	NOUN
cjal-3217	226	8	of	of	ADP
cjal-3217	226	9	foreign	foreign	ADJ
cjal-3217	226	10	operations	operation	NOUN
cjal-3217	226	11	critical	critical	ADJ
cjal-3217	226	12	.	.	PUNCT
cjal-3217	227	1	operating	operate	VERB
cjal-3217	227	2	with	with	ADP
cjal-3217	227	3	hampered	hamper	VERB
cjal-3217	227	4	investment	investment	NOUN
cjal-3217	227	5	independence	independence	NOUN
cjal-3217	227	6	under	under	ADP
cjal-3217	227	7	the	the	DET
cjal-3217	227	8	costly	costly	ADJ
cjal-3217	227	9	and	and	CCONJ
cjal-3217	227	10	cumbersome	cumbersome	ADJ
cjal-3217	227	11	governance	governance	NOUN
cjal-3217	227	12	of	of	ADP
cjal-3217	227	13	china	china	PROPN
cjal-3217	227	14	's	's	PART
cjal-3217	227	15	foreign	foreign	ADJ
cjal-3217	227	16	invested	invest	VERB
cjal-3217	227	17	enterprise	enterprise	NOUN
cjal-3217	227	18	(	(	PUNCT
cjal-3217	227	19	fie	fie	NOUN
cjal-3217	227	20	)	)	PUNCT
cjal-3217	227	21	laws	law	NOUN
cjal-3217	227	22	,	,	PUNCT
cjal-3217	227	23	82	82	NUM
cjal-3217	227	24	a	a	DET
cjal-3217	227	25	foreign	foreign	ADJ
cjal-3217	227	26	fund	fund	NOUN
cjal-3217	227	27	is	be	AUX
cjal-3217	227	28	typically	typically	ADV
cjal-3217	227	29	structured	structure	VERB
cjal-3217	227	30	as	as	ADP
cjal-3217	227	31	an	an	DET
cjal-3217	227	32	equity	equity	NOUN
cjal-3217	227	33	or	or	CCONJ
cjal-3217	227	34	cooperative	cooperative	ADJ
cjal-3217	227	35	joint	joint	ADJ
cjal-3217	227	36	venture	venture	NOUN
cjal-3217	227	37	under	under	ADP
cjal-3217	227	38	chinese	chinese	ADJ
cjal-3217	227	39	company	company	NOUN
cjal-3217	227	40	law	law	NOUN
cjal-3217	227	41	between	between	ADP
cjal-3217	227	42	a	a	DET
cjal-3217	227	43	foreign	foreign	ADJ
cjal-3217	227	44	venture	venture	NOUN
cjal-3217	227	45	capital	capital	NOUN
cjal-3217	227	46	firm,83	firm,83	PROPN
cjal-3217	227	47	a	a	DET
cjal-3217	227	48	chinese	chinese	ADJ
cjal-3217	227	49	investee	investee	NOUN
cjal-3217	227	50	company	company	NOUN
cjal-3217	227	51	,	,	PUNCT
cjal-3217	227	52	and	and	CCONJ
cjal-3217	227	53	the	the	DET
cjal-3217	227	54	chinese	chinese	ADJ
cjal-3217	227	55	government	government	NOUN
cjal-3217	227	56	,	,	PUNCT
cjal-3217	227	57	particularly	particularly	ADV
cjal-3217	227	58	municipalities	municipality	NOUN
cjal-3217	227	59	.	.	PUNCT
cjal-3217	227	60	'	'	PUNCT
cjal-3217	228	1	the	the	DET
cjal-3217	228	2	chinese	chinese	ADJ
cjal-3217	228	3	entrepreneur	entrepreneur	NOUN
cjal-3217	228	4	assigns	assign	NOUN
cjal-3217	228	5	assets	asset	NOUN
cjal-3217	228	6	and	and	CCONJ
cjal-3217	228	7	the	the	DET
cjal-3217	228	8	chinese	chinese	ADJ
cjal-3217	228	9	government	government	NOUN
cjal-3217	228	10	and	and	CCONJ
cjal-3217	228	11	foreign	foreign	ADJ
cjal-3217	228	12	venture	venture	NOUN
cjal-3217	228	13	capitalist	capitalist	ADJ
cjal-3217	228	14	assign	assign	NOUN
cjal-3217	228	15	cash	cash	NOUN
cjal-3217	228	16	into	into	ADP
cjal-3217	228	17	a	a	DET
cjal-3217	228	18	newly	newly	ADV
cjal-3217	228	19	formed	form	VERB
cjal-3217	228	20	limited	limited	ADJ
cjal-3217	228	21	liability	liability	NOUN
cjal-3217	228	22	company	company	NOUN
cjal-3217	228	23	,	,	PUNCT
cjal-3217	228	24	where	where	SCONJ
cjal-3217	228	25	the	the	DET
cjal-3217	228	26	81	81	NUM
cjal-3217	228	27	see	see	NOUN
cjal-3217	228	28	realized	realize	VERB
cjal-3217	228	29	venture	venture	NOUN
cjal-3217	228	30	investment	investment	NOUN
cjal-3217	228	31	,	,	PUNCT
cjal-3217	228	32	supra	supra	PROPN
cjal-3217	228	33	note	note	NOUN
cjal-3217	228	34	72	72	NUM
cjal-3217	228	35	.	.	PUNCT
cjal-3217	229	1	82	82	NUM
cjal-3217	229	2	see	see	VERB
cjal-3217	229	3	views	view	NOUN
cjal-3217	229	4	from	from	ADP
cjal-3217	229	5	foreign	foreign	ADJ
cjal-3217	229	6	venture	venture	NOUN
cjal-3217	229	7	capital	capital	NOUN
cjal-3217	229	8	investors	investor	NOUN
cjal-3217	229	9	,	,	PUNCT
cjal-3217	229	10	at	at	ADP
cjal-3217	229	11	http://virtualchina.org/archive/news/sepo0/	http://virtualchina.org/archive/news/sepo0/	NOUN
cjal-3217	229	12	090600-vcap-il-knf-c.html	090600-vcap-il-knf-c.html	PROPN
cjal-3217	229	13	(	(	PUNCT
cjal-3217	229	14	n.d	n.d	PROPN
cjal-3217	229	15	.	.	PROPN
cjal-3217	229	16	)	)	PUNCT
cjal-3217	229	17	.	.	PUNCT
cjal-3217	230	1	because	because	SCONJ
cjal-3217	230	2	china	china	PROPN
cjal-3217	230	3	's	's	PART
cjal-3217	230	4	1999	1999	NUM
cjal-3217	230	5	company	company	NOUN
cjal-3217	230	6	law	law	NOUN
cjal-3217	230	7	is	be	AUX
cjal-3217	230	8	quiet	quiet	ADJ
cjal-3217	230	9	on	on	ADP
cjal-3217	230	10	whether	whether	SCONJ
cjal-3217	230	11	foreign	foreign	ADJ
cjal-3217	230	12	funds	fund	NOUN
cjal-3217	230	13	may	may	AUX
cjal-3217	230	14	invest	invest	VERB
cjal-3217	230	15	directly	directly	ADV
cjal-3217	230	16	into	into	ADP
cjal-3217	230	17	young	young	ADJ
cjal-3217	230	18	chinese	chinese	ADJ
cjal-3217	230	19	companies	company	NOUN
cjal-3217	230	20	,	,	PUNCT
cjal-3217	230	21	funds	fund	NOUN
cjal-3217	230	22	follow	follow	VERB
cjal-3217	230	23	the	the	DET
cjal-3217	230	24	traditional	traditional	ADJ
cjal-3217	230	25	fie	fie	ADJ
cjal-3217	230	26	investment	investment	NOUN
cjal-3217	230	27	formats	format	NOUN
cjal-3217	230	28	of	of	ADP
cjal-3217	230	29	equity	equity	NOUN
cjal-3217	230	30	joint	joint	ADJ
cjal-3217	230	31	venture	venture	NOUN
cjal-3217	230	32	,	,	PUNCT
cjal-3217	230	33	cooperative	cooperative	ADJ
cjal-3217	230	34	joint	joint	ADJ
cjal-3217	230	35	venture	venture	NOUN
cjal-3217	230	36	,	,	PUNCT
cjal-3217	230	37	or	or	CCONJ
cjal-3217	230	38	wholly	wholly	ADV
cjal-3217	230	39	foreign	foreign	ADJ
cjal-3217	230	40	owned	own	VERB
cjal-3217	230	41	entity	entity	NOUN
cjal-3217	230	42	.	.	PUNCT
cjal-3217	231	1	article	article	NOUN
cjal-3217	231	2	18	18	NUM
cjal-3217	231	3	of	of	ADP
cjal-3217	231	4	the	the	DET
cjal-3217	231	5	company	company	NOUN
cjal-3217	231	6	law	law	NOUN
cjal-3217	231	7	suggests	suggest	VERB
cjal-3217	231	8	that	that	SCONJ
cjal-3217	231	9	limited	limited	ADJ
cjal-3217	231	10	liability	liability	NOUN
cjal-3217	231	11	companies	company	NOUN
cjal-3217	231	12	with	with	ADP
cjal-3217	231	13	foreign	foreign	ADJ
cjal-3217	231	14	investment	investment	NOUN
cjal-3217	231	15	are	be	AUX
cjal-3217	231	16	different	different	ADJ
cjal-3217	231	17	from	from	ADP
cjal-3217	231	18	domestic	domestic	ADJ
cjal-3217	231	19	limited	limited	ADJ
cjal-3217	231	20	liability	liability	NOUN
cjal-3217	231	21	companies	company	NOUN
cjal-3217	231	22	as	as	SCONJ
cjal-3217	231	23	does	do	AUX
cjal-3217	231	24	moftec	moftec	PROPN
cjal-3217	231	25	's	's	PART
cjal-3217	231	26	certain	certain	ADJ
cjal-3217	231	27	questions	question	NOUN
cjal-3217	231	28	on	on	ADP
cjal-3217	231	29	the	the	DET
cjal-3217	231	30	establishment	establishment	NOUN
cjal-3217	231	31	of	of	ADP
cjal-3217	231	32	foreign	foreign	ADJ
cjal-3217	231	33	investment	investment	NOUN
cjal-3217	231	34	companies	company	NOUN
cjal-3217	231	35	limited	limit	VERB
cjal-3217	231	36	by	by	ADP
cjal-3217	231	37	shares	share	NOUN
cjal-3217	231	38	(	(	PUNCT
cjal-3217	231	39	jan	jan	PROPN
cjal-3217	231	40	.	.	PROPN
cjal-3217	231	41	10	10	NUM
cjal-3217	231	42	,	,	PUNCT
cjal-3217	231	43	1995	1995	NUM
cjal-3217	231	44	)	)	PUNCT
cjal-3217	231	45	seem	seem	VERB
cjal-3217	231	46	to	to	PART
cjal-3217	231	47	suggest	suggest	VERB
cjal-3217	231	48	that	that	SCONJ
cjal-3217	231	49	companies	company	NOUN
cjal-3217	231	50	limited	limit	VERB
cjal-3217	231	51	by	by	ADP
cjal-3217	231	52	shares	share	NOUN
cjal-3217	231	53	with	with	ADP
cjal-3217	231	54	foreign	foreign	ADJ
cjal-3217	231	55	investment	investment	NOUN
cjal-3217	231	56	are	be	AUX
cjal-3217	231	57	different	different	ADJ
cjal-3217	231	58	from	from	ADP
cjal-3217	231	59	domestic	domestic	ADJ
cjal-3217	231	60	companies	company	NOUN
cjal-3217	231	61	limited	limit	VERB
cjal-3217	231	62	by	by	ADP
cjal-3217	231	63	shares	share	NOUN
cjal-3217	231	64	.	.	PUNCT
cjal-3217	232	1	the	the	DET
cjal-3217	232	2	administration	administration	NOUN
cjal-3217	232	3	of	of	ADP
cjal-3217	232	4	industry	industry	NOUN
cjal-3217	232	5	and	and	CCONJ
cjal-3217	232	6	commerce	commerce	NOUN
cjal-3217	232	7	has	have	AUX
cjal-3217	232	8	given	give	VERB
cjal-3217	232	9	mixed	mixed	ADJ
cjal-3217	232	10	signals	signal	NOUN
cjal-3217	232	11	on	on	ADP
cjal-3217	232	12	the	the	DET
cjal-3217	232	13	topic	topic	NOUN
cjal-3217	232	14	and	and	CCONJ
cjal-3217	232	15	liberal	liberal	ADJ
cjal-3217	232	16	southern	southern	ADJ
cjal-3217	232	17	china	china	PROPN
cjal-3217	232	18	localities	locality	NOUN
cjal-3217	232	19	,	,	PUNCT
cjal-3217	232	20	where	where	SCONJ
cjal-3217	232	21	limited	limited	ADJ
cjal-3217	232	22	direct	direct	ADJ
cjal-3217	232	23	investment	investment	NOUN
cjal-3217	232	24	is	be	AUX
cjal-3217	232	25	practiced	practice	VERB
cjal-3217	232	26	,	,	PUNCT
cjal-3217	232	27	seems	seem	VERB
cjal-3217	232	28	a	a	DET
cjal-3217	232	29	result	result	NOUN
cjal-3217	232	30	of	of	ADP
cjal-3217	232	31	discretionary	discretionary	ADJ
cjal-3217	232	32	local	local	ADJ
cjal-3217	232	33	administrative	administrative	ADJ
cjal-3217	232	34	acts	act	NOUN
cjal-3217	232	35	that	that	PRON
cjal-3217	232	36	limit	limit	VERB
cjal-3217	232	37	the	the	DET
cjal-3217	232	38	investments	investment	NOUN
cjal-3217	232	39	to	to	ADP
cjal-3217	232	40	25	25	NUM
cjal-3217	232	41	%	%	NOUN
cjal-3217	232	42	.	.	PUNCT
cjal-3217	233	1	see	see	VERB
cjal-3217	233	2	also	also	ADV
cjal-3217	233	3	john	john	PROPN
cjal-3217	233	4	lo	lo	PROPN
cjal-3217	233	5	,	,	PUNCT
cjal-3217	233	6	the	the	DET
cjal-3217	233	7	problem	problem	NOUN
cjal-3217	233	8	with	with	ADP
cjal-3217	233	9	venture	venture	NOUN
cjal-3217	233	10	capital	capital	NOUN
cjal-3217	233	11	in	in	ADP
cjal-3217	233	12	china	china	PROPN
cjal-3217	233	13	,	,	PUNCT
cjal-3217	233	14	at	at	ADP
cjal-3217	233	15	http://www.virtualchina.com/archive/laws/venture.html	http://www.virtualchina.com/archive/laws/venture.html	PROPN
cjal-3217	233	16	(	(	PUNCT
cjal-3217	233	17	n.d	n.d	PROPN
cjal-3217	233	18	.	.	PROPN
cjal-3217	233	19	)	)	PUNCT
cjal-3217	233	20	.	.	PUNCT
cjal-3217	234	1	83	83	NUM
cjal-3217	234	2	see	see	VERB
cjal-3217	234	3	venture	venture	NOUN
cjal-3217	234	4	capital	capital	NOUN
cjal-3217	234	5	investment	investment	NOUN
cjal-3217	234	6	in	in	ADP
cjal-3217	234	7	china	china	PROPN
cjal-3217	234	8	in	in	ADP
cjal-3217	234	9	2001	2001	NUM
cjal-3217	234	10	expected	expect	VERB
cjal-3217	234	11	to	to	PART
cjal-3217	234	12	exceed	exceed	VERB
cjal-3217	234	13	us$	us$	SYM
cjal-3217	234	14	483	483	NUM
cjal-3217	234	15	million	million	NUM
cjal-3217	234	16	,	,	PUNCT
cjal-3217	234	17	china	china	PROPN
cjal-3217	234	18	business	business	PROPN
cjal-3217	234	19	,	,	PUNCT
cjal-3217	234	20	dec	dec	PROPN
cjal-3217	234	21	.	.	PROPN
cjal-3217	234	22	21	21	NUM
cjal-3217	234	23	,	,	PUNCT
cjal-3217	234	24	2001	2001	NUM
cjal-3217	234	25	(	(	PUNCT
cjal-3217	234	26	indicating	indicate	VERB
cjal-3217	234	27	that	that	SCONJ
cjal-3217	234	28	the	the	DET
cjal-3217	234	29	united	united	PROPN
cjal-3217	234	30	states	states	PROPN
cjal-3217	234	31	made	make	VERB
cjal-3217	234	32	up	up	ADP
cjal-3217	234	33	40	40	NUM
cjal-3217	234	34	%	%	NOUN
cjal-3217	234	35	of	of	ADP
cjal-3217	234	36	china	china	PROPN
cjal-3217	234	37	's	's	PART
cjal-3217	234	38	foreign	foreign	ADJ
cjal-3217	234	39	venture	venture	NOUN
cjal-3217	234	40	capitalists	capitalist	NOUN
cjal-3217	234	41	and	and	CCONJ
cjal-3217	234	42	that	that	SCONJ
cjal-3217	234	43	only	only	ADV
cjal-3217	234	44	19	19	NUM
cjal-3217	234	45	%	%	NOUN
cjal-3217	234	46	of	of	ADP
cjal-3217	234	47	that	that	DET
cjal-3217	234	48	figure	figure	NOUN
cjal-3217	234	49	were	be	AUX
cjal-3217	234	50	american	american	ADJ
cjal-3217	234	51	companies	company	NOUN
cjal-3217	234	52	)	)	PUNCT
cjal-3217	234	53	.	.	PUNCT
cjal-3217	235	1	84	84	NUM
cjal-3217	235	2	see	see	VERB
cjal-3217	235	3	porter	porter	NOUN
cjal-3217	235	4	,	,	PUNCT
cjal-3217	235	5	supra	supra	PROPN
cjal-3217	235	6	note	note	NOUN
cjal-3217	235	7	17	17	NUM
cjal-3217	235	8	.	.	PUNCT
cjal-3217	236	1	the	the	DET
cjal-3217	236	2	bank	bank	PROPN
cjal-3217	236	3	of	of	ADP
cjal-3217	236	4	china	china	PROPN
cjal-3217	236	5	initiated	initiate	VERB
cjal-3217	236	6	this	this	DET
cjal-3217	236	7	practice	practice	NOUN
cjal-3217	236	8	when	when	SCONJ
cjal-3217	236	9	it	it	PRON
cjal-3217	236	10	joined	join	VERB
cjal-3217	236	11	with	with	ADP
cjal-3217	236	12	hambrecht	hambrecht	PROPN
cjal-3217	236	13	&	&	CCONJ
cjal-3217	236	14	quist	quist	PROPN
cjal-3217	236	15	asia	asia	PROPN
cjal-3217	236	16	pacific	pacific	PROPN
cjal-3217	236	17	to	to	PART
cjal-3217	236	18	form	form	VERB
cjal-3217	236	19	the	the	DET
cjal-3217	236	20	us$85	us$85	ADJ
cjal-3217	236	21	million	million	NUM
cjal-3217	236	22	china	china	PROPN
cjal-3217	236	23	dynamic	dynamic	ADJ
cjal-3217	236	24	growth	growth	NOUN
cjal-3217	236	25	fund	fund	NOUN
cjal-3217	236	26	in	in	ADP
cjal-3217	236	27	1994	1994	NUM
cjal-3217	236	28	.	.	PUNCT
cjal-3217	237	1	see	see	VERB
cjal-3217	237	2	folta	folta	PROPN
cjal-3217	237	3	,	,	PUNCT
cjal-3217	237	4	supra	supra	PROPN
cjal-3217	237	5	note	note	NOUN
cjal-3217	237	6	8	8	NUM
cjal-3217	237	7	.	.	PUNCT
cjal-3217	238	1	in	in	ADP
cjal-3217	238	2	1999	1999	NUM
cjal-3217	238	3	,	,	PUNCT
cjal-3217	238	4	the	the	DET
cjal-3217	238	5	beijing	beijing	PROPN
cjal-3217	238	6	municipal	municipal	ADJ
cjal-3217	238	7	government	government	NOUN
cjal-3217	238	8	's	's	PART
cjal-3217	238	9	investment	investment	NOUN
cjal-3217	238	10	arm	arm	NOUN
cjal-3217	238	11	,	,	PUNCT
cjal-3217	238	12	beijing	beijing	PROPN
cjal-3217	238	13	enterprises	enterprise	NOUN
cjal-3217	238	14	holding	hold	VERB
cjal-3217	238	15	limited	limit	VERB
cjal-3217	238	16	,	,	PUNCT
cjal-3217	238	17	joined	join	VERB
cjal-3217	238	18	with	with	ADP
cjal-3217	238	19	wi	wi	PROPN
cjal-3217	238	20	harper	harper	PROPN
cjal-3217	238	21	group	group	PROPN
cjal-3217	238	22	and	and	CCONJ
cjal-3217	238	23	hong	hong	PROPN
cjal-3217	238	24	kong	kong	PROPN
cjal-3217	238	25	property	property	PROPN
cjal-3217	238	26	giant	giant	PROPN
cjal-3217	238	27	sun	sun	PROPN
cjal-3217	238	28	hung	hung	PROPN
cjal-3217	238	29	kai	kai	PROPN
cjal-3217	238	30	group	group	PROPN
cjal-3217	238	31	,	,	PUNCT
cjal-3217	238	32	along	along	ADP
cjal-3217	238	33	with	with	ADP
cjal-3217	238	34	qinghua	qinghua	PROPN
cjal-3217	238	35	university	university	NOUN
cjal-3217	238	36	enterprise	enterprise	NOUN
cjal-3217	238	37	group	group	NOUN
cjal-3217	238	38	,	,	PUNCT
cjal-3217	238	39	in	in	ADP
cjal-3217	238	40	formation	formation	NOUN
cjal-3217	238	41	of	of	ADP
cjal-3217	238	42	the	the	DET
cjal-3217	238	43	us$50	us$50	ADJ
cjal-3217	238	44	million	million	NUM
cjal-3217	238	45	beijing	beijing	PROPN
cjal-3217	238	46	technology	technology	PROPN
cjal-3217	238	47	development	development	NOUN
cjal-3217	238	48	fund	fund	NOUN
cjal-3217	238	49	which	which	PRON
cjal-3217	238	50	focuses	focus	VERB
cjal-3217	238	51	on	on	ADP
cjal-3217	238	52	electronic	electronic	ADJ
cjal-3217	238	53	commerce	commerce	NOUN
cjal-3217	238	54	and	and	CCONJ
cjal-3217	238	55	wireless	wireless	ADJ
cjal-3217	238	56	telecommunications	telecommunication	NOUN
cjal-3217	238	57	.	.	PUNCT
cjal-3217	239	1	see	see	VERB
cjal-3217	239	2	bridging	bridge	VERB
cjal-3217	239	3	beijing	beijing	PROPN
cjal-3217	239	4	and	and	CCONJ
cjal-3217	239	5	silicon	silicon	PROPN
cjal-3217	239	6	valley	valley	PROPN
cjal-3217	239	7	,	,	PUNCT
cjal-3217	239	8	asian	asian	ADJ
cjal-3217	239	9	venture	venture	NOUN
cjal-3217	239	10	capital	capital	NOUN
cjal-3217	239	11	journal	journal	PROPN
cjal-3217	239	12	,	,	PUNCT
cjal-3217	239	13	july	july	PROPN
cjal-3217	239	14	1999	1999	NUM
cjal-3217	239	15	,	,	PUNCT
cjal-3217	239	16	at	at	ADP
cjal-3217	239	17	17	17	NUM
cjal-3217	239	18	.	.	PUNCT
cjal-3217	240	1	the	the	DET
cjal-3217	240	2	shenzhen	shenzhen	PROPN
cjal-3217	240	3	government	government	NOUN
cjal-3217	240	4	's	's	PART
cjal-3217	240	5	investment	investment	NOUN
cjal-3217	240	6	arm	arm	NOUN
cjal-3217	240	7	,	,	PUNCT
cjal-3217	240	8	shum	shum	PROPN
cjal-3217	240	9	yip	yip	PROPN
cjal-3217	240	10	holdings	holding	NOUN
cjal-3217	240	11	,	,	PUNCT
cjal-3217	240	12	responded	respond	VERB
cjal-3217	240	13	shortly	shortly	ADV
cjal-3217	240	14	thereafter	thereafter	ADV
cjal-3217	240	15	when	when	SCONJ
cjal-3217	240	16	it	it	PRON
cjal-3217	240	17	joined	join	VERB
cjal-3217	240	18	with	with	ADP
cjal-3217	240	19	alta	alta	PROPN
cjal-3217	240	20	capital	capital	NOUN
cjal-3217	240	21	in	in	ADP
cjal-3217	240	22	forming	form	VERB
cjal-3217	240	23	its	its	PRON
cjal-3217	240	24	own	own	ADJ
cjal-3217	240	25	us$50	us$50	NOUN
cjal-3217	240	26	million	million	NUM
cjal-3217	240	27	fund	fund	NOUN
cjal-3217	240	28	.	.	PUNCT
cjal-3217	241	1	see	see	VERB
cjal-3217	241	2	hitech	hitech	PROPN
cjal-3217	241	3	backbone	backbone	PROPN
cjal-3217	241	4	,	,	PUNCT
cjal-3217	241	5	asian	asian	ADJ
cjal-3217	241	6	venture	venture	NOUN
cjal-3217	241	7	capital	capital	NOUN
cjal-3217	241	8	journal	journal	PROPN
cjal-3217	241	9	,	,	PUNCT
cjal-3217	241	10	jan	jan	PROPN
cjal-3217	241	11	.	.	PROPN
cjal-3217	241	12	1999	1999	NUM
cjal-3217	241	13	,	,	PUNCT
cjal-3217	241	14	at	at	ADP
cjal-3217	241	15	16	16	NUM
cjal-3217	241	16	.	.	PUNCT
cjal-3217	242	1	shanghai	shanghai	PROPN
cjal-3217	242	2	was	be	AUX
cjal-3217	242	3	not	not	PART
cjal-3217	242	4	far	far	ADV
cjal-3217	242	5	behind	behind	ADV
cjal-3217	242	6	.	.	PUNCT
cjal-3217	243	1	its	its	PRON
cjal-3217	243	2	municipal	municipal	ADJ
cjal-3217	243	3	government	government	NOUN
cjal-3217	243	4	's	's	PART
cjal-3217	243	5	investment	investment	NOUN
cjal-3217	243	6	arm	arm	NOUN
cjal-3217	243	7	,	,	PUNCT
cjal-3217	243	8	shanghai	shanghai	PROPN
cjal-3217	243	9	venture	venture	PROPN
cjal-3217	243	10	capital	capital	PROPN
cjal-3217	243	11	corporation	corporation	PROPN
cjal-3217	243	12	limited	limit	VERB
cjal-3217	243	13	,	,	PUNCT
cjal-3217	243	14	joined	join	VERB
cjal-3217	243	15	with	with	ADP
cjal-3217	243	16	shanghai	shanghai	PROPN
cjal-3217	243	17	industrial	industrial	PROPN
cjal-3217	243	18	holding	holding	NOUN
cjal-3217	243	19	limited	limited	ADJ
cjal-3217	243	20	,	,	PUNCT
cjal-3217	243	21	another	another	DET
cjal-3217	243	22	government	government	NOUN
cjal-3217	243	23	controlled	control	VERB
cjal-3217	243	24	corporation	corporation	NOUN
cjal-3217	243	25	to	to	PART
cjal-3217	243	26	form	form	VERB
cjal-3217	243	27	a	a	DET
cjal-3217	243	28	us$100	us$100	PROPN
cjal-3217	243	29	million	million	NUM
cjal-3217	243	30	fund	fund	NOUN
cjal-3217	243	31	.	.	PUNCT
cjal-3217	244	1	see	see	VERB
cjal-3217	244	2	shanghai	shanghai	PROPN
cjal-3217	244	3	industrial	industrial	PROPN
cjal-3217	244	4	goes	go	VERB
cjal-3217	244	5	vc	vc	NOUN
cjal-3217	244	6	,	,	PUNCT
cjal-3217	244	7	asian	asian	ADJ
cjal-3217	244	8	venture	venture	NOUN
cjal-3217	244	9	capital	capital	NOUN
cjal-3217	244	10	journal	journal	PROPN
cjal-3217	244	11	,	,	PUNCT
cjal-3217	244	12	aug	aug	PROPN
cjal-3217	244	13	.	.	PROPN
cjal-3217	244	14	1999	1999	NUM
cjal-3217	244	15	,	,	PUNCT
cjal-3217	244	16	at	at	ADP
cjal-3217	244	17	13	13	NUM
cjal-3217	244	18	.	.	PUNCT
cjal-3217	245	1	shanghai	shanghai	PROPN
cjal-3217	245	2	industrial	industrial	PROPN
cjal-3217	245	3	holdings	holding	NOUN
cjal-3217	245	4	also	also	ADV
cjal-3217	245	5	teamed	team	VERB
cjal-3217	245	6	up	up	ADP
cjal-3217	245	7	with	with	ADP
cjal-3217	245	8	temask	temask	NOUN
cjal-3217	245	9	,	,	PUNCT
cjal-3217	245	10	an	an	DET
cjal-3217	245	11	investment	investment	NOUN
cjal-3217	245	12	arm	arm	NOUN
cjal-3217	245	13	of	of	ADP
cjal-3217	245	14	the	the	DET
cjal-3217	245	15	singapore	singapore	PROPN
cjal-3217	245	16	government	government	NOUN
cjal-3217	245	17	,	,	PUNCT
cjal-3217	245	18	and	and	CCONJ
cjal-3217	245	19	vertex	vertex	NOUN
cjal-3217	245	20	,	,	PUNCT
cjal-3217	245	21	a	a	DET
cjal-3217	245	22	venture	venture	NOUN
cjal-3217	245	23	capital	capital	NOUN
cjal-3217	245	24	arm	arm	NOUN
cjal-3217	245	25	of	of	ADP
cjal-3217	245	26	the	the	DET
cjal-3217	245	27	singapore	singapore	PROPN
cjal-3217	245	28	technologies	technologies	PROPN
cjal-3217	245	29	group	group	NOUN
cjal-3217	245	30	,	,	PUNCT
cjal-3217	245	31	in	in	ADP
cjal-3217	245	32	forming	form	VERB
cjal-3217	245	33	the	the	DET
cjal-3217	245	34	si	si	PROPN
cjal-3217	245	35	technology	technology	PROPN
cjal-3217	245	36	fund	fund	PROPN
cjal-3217	245	37	.	.	PUNCT
cjal-3217	246	1	see	see	VERB
cjal-3217	246	2	technology	technology	NOUN
cjal-3217	246	3	,	,	PUNCT
cjal-3217	246	4	asian	asian	PROPN
cjal-3217	246	5	wall	wall	PROPN
cjal-3217	246	6	street	street	PROPN
cjal-3217	246	7	journal	journal	PROPN
cjal-3217	246	8	weekly	weekly	PROPN
cjal-3217	246	9	,	,	PUNCT
cjal-3217	246	10	apr	apr	PROPN
cjal-3217	246	11	.	.	PROPN
cjal-3217	246	12	3	3	NUM
cjal-3217	246	13	,	,	PUNCT
cjal-3217	246	14	2000	2000	NUM
cjal-3217	246	15	.	.	PUNCT
cjal-3217	247	1	more	more	ADV
cjal-3217	247	2	recently	recently	ADV
cjal-3217	247	3	,	,	PUNCT
cjal-3217	247	4	national	national	ADJ
cjal-3217	247	5	ministries	ministry	NOUN
cjal-3217	247	6	have	have	AUX
cjal-3217	247	7	been	be	AUX
cjal-3217	247	8	engaging	engage	VERB
cjal-3217	247	9	in	in	ADP
cjal-3217	247	10	the	the	DET
cjal-3217	247	11	industry	industry	NOUN
cjal-3217	247	12	.	.	PUNCT
cjal-3217	248	1	the	the	DET
cjal-3217	248	2	ministry	ministry	PROPN
cjal-3217	248	3	of	of	ADP
cjal-3217	248	4	information	information	NOUN
cjal-3217	248	5	industry	industry	NOUN
cjal-3217	248	6	joined	join	VERB
cjal-3217	248	7	forces	force	NOUN
cjal-3217	248	8	with	with	ADP
cjal-3217	248	9	the	the	DET
cjal-3217	248	10	international	international	ADJ
cjal-3217	248	11	digital	digital	ADJ
cjal-3217	248	12	group	group	NOUN
cjal-3217	248	13	(	(	PUNCT
cjal-3217	248	14	idg	idg	PROPN
cjal-3217	248	15	)	)	PUNCT
cjal-3217	248	16	in	in	ADP
cjal-3217	248	17	a	a	DET
cjal-3217	248	18	us$100	us$100	PROPN
cjal-3217	248	19	million	million	NUM
cjal-3217	248	20	fund	fund	NOUN
cjal-3217	248	21	.	.	PUNCT
cjal-3217	249	1	see	see	VERB
cjal-3217	249	2	folta	folta	PROPN
cjal-3217	249	3	,	,	PUNCT
cjal-3217	249	4	supra	supra	PROPN
cjal-3217	249	5	note	note	NOUN
cjal-3217	249	6	8	8	NUM
cjal-3217	249	7	.	.	PUNCT
cjal-3217	250	1	idg	idg	PROPN
cjal-3217	250	2	also	also	ADV
cjal-3217	250	3	has	have	VERB
cjal-3217	250	4	a	a	DET
cjal-3217	250	5	cooperative	cooperative	ADJ
cjal-3217	250	6	memorandum	memorandum	NOUN
cjal-3217	250	7	with	with	ADP
cjal-3217	250	8	the	the	DET
cjal-3217	250	9	ministry	ministry	PROPN
cjal-3217	250	10	of	of	ADP
cjal-3217	250	11	science	science	NOUN
cjal-3217	250	12	and	and	CCONJ
cjal-3217	250	13	technology	technology	NOUN
cjal-3217	250	14	to	to	PART
cjal-3217	250	15	invest	invest	VERB
cjal-3217	250	16	some	some	DET
cjal-3217	250	17	us$1	us$1	PROPN
cjal-3217	250	18	billion	billion	NUM
cjal-3217	250	19	in	in	ADP
cjal-3217	250	20	hightech	hightech	ADJ
cjal-3217	250	21	chinese	chinese	ADJ
cjal-3217	250	22	enterprises	enterprise	NOUN
cjal-3217	250	23	.	.	PUNCT
cjal-3217	251	1	see	see	VERB
cjal-3217	251	2	less	less	ADJ
cjal-3217	251	3	risk	risk	NOUN
cjal-3217	251	4	for	for	ADP
cjal-3217	251	5	venture	venture	NOUN
cjal-3217	251	6	capital	capital	NOUN
cjal-3217	251	7	in	in	ADP
cjal-3217	251	8	china	china	PROPN
cjal-3217	251	9	than	than	ADP
cjal-3217	251	10	in	in	ADP
cjal-3217	251	11	us	we	PRON
cjal-3217	251	12	,	,	PUNCT
cjal-3217	251	13	people	people	NOUN
cjal-3217	251	14	's	's	PART
cjal-3217	251	15	daily	daily	ADJ
cjal-3217	251	16	,	,	PUNCT
cjal-3217	251	17	apr	apr	PROPN
cjal-3217	251	18	.	.	PROPN
cjal-3217	251	19	12	12	NUM
cjal-3217	251	20	,	,	PUNCT
cjal-3217	251	21	2000	2000	NUM
cjal-3217	251	22	.	.	PUNCT
cjal-3217	252	1	china	china	PROPN
cjal-3217	252	2	's	's	PART
cjal-3217	252	3	state	state	PROPN
cjal-3217	252	4	bureau	bureau	NOUN
cjal-3217	252	5	of	of	ADP
cjal-3217	252	6	machine	machine	NOUN
cjal-3217	252	7	-	-	PUNCT
cjal-3217	252	8	building	building	NOUN
cjal-3217	252	9	industry	industry	NOUN
cjal-3217	252	10	,	,	PUNCT
cjal-3217	252	11	through	through	SCONJ
cjal-3217	252	12	its	its	PRON
cjal-3217	252	13	trading	trading	NOUN
cjal-3217	252	14	company	company	NOUN
cjal-3217	252	15	cmec	cmec	VERB
cjal-3217	252	16	,	,	PUNCT
cjal-3217	252	17	also	also	ADV
cjal-3217	252	18	has	have	AUX
cjal-3217	252	19	joined	join	VERB
cjal-3217	252	20	in	in	ADP
cjal-3217	252	21	the	the	DET
cjal-3217	252	22	venture	venture	NOUN
cjal-3217	252	23	capital	capital	NOUN
cjal-3217	252	24	game	game	NOUN
cjal-3217	252	25	,	,	PUNCT
cjal-3217	252	26	partnering	partner	VERB
cjal-3217	252	27	with	with	ADP
cjal-3217	252	28	ge	ge	PROPN
cjal-3217	252	29	capital	capital	PROPN
cjal-3217	252	30	services	service	NOUN
cjal-3217	252	31	in	in	ADP
cjal-3217	252	32	pre	pre	ADJ
cjal-3217	252	33	-	-	ADJ
cjal-3217	252	34	ipo	ipo	ADJ
cjal-3217	252	35	bridge	bridge	NOUN
cjal-3217	252	36	financing	financing	NOUN
cjal-3217	252	37	managed	manage	VERB
cjal-3217	252	38	through	through	ADP
cjal-3217	252	39	first	first	ADJ
cjal-3217	252	40	eastern	eastern	ADJ
cjal-3217	252	41	investment	investment	NOUN
cjal-3217	252	42	group	group	NOUN
cjal-3217	252	43	.	.	PUNCT
cjal-3217	253	1	see	see	VERB
cjal-3217	253	2	folta	folta	PROPN
cjal-3217	253	3	,	,	PUNCT
cjal-3217	253	4	supra	supra	PROPN
cjal-3217	253	5	note	note	NOUN
cjal-3217	253	6	8	8	NUM
cjal-3217	253	7	.	.	PUNCT
cjal-3217	254	1	columbia	columbia	PROPN
cjal-3217	254	2	journal	journal	PROPN
cjal-3217	254	3	of	of	ADP
cjal-3217	254	4	asian	asian	PROPN
cjal-3217	254	5	la	la	PROPN
cjal-3217	254	6	w	w	PROPN
cjal-3217	254	7	venture	venture	PROPN
cjal-3217	254	8	capitalist	capitalist	NOUN
cjal-3217	254	9	is	be	AUX
cjal-3217	254	10	assigned	assign	VERB
cjal-3217	254	11	equity	equity	NOUN
cjal-3217	254	12	.	.	PUNCT
cjal-3217	255	1	85	85	NUM
cjal-3217	256	1	the	the	DET
cjal-3217	256	2	venture	venture	NOUN
cjal-3217	256	3	capitalist	capitalist	NOUN
cjal-3217	256	4	usually	usually	ADV
cjal-3217	256	5	invests	invest	VERB
cjal-3217	256	6	through	through	ADP
cjal-3217	256	7	an	an	DET
cjal-3217	256	8	offshore	offshore	ADJ
cjal-3217	256	9	holding	hold	VERB
cjal-3217	256	10	entity	entity	NOUN
cjal-3217	256	11	,	,	PUNCT
cjal-3217	256	12	known	know	VERB
cjal-3217	256	13	in	in	ADP
cjal-3217	256	14	china	china	PROPN
cjal-3217	256	15	as	as	ADP
cjal-3217	256	16	a	a	DET
cjal-3217	256	17	special	special	ADJ
cjal-3217	256	18	purpose	purpose	NOUN
cjal-3217	256	19	vehicle	vehicle	NOUN
cjal-3217	256	20	and	and	CCONJ
cjal-3217	256	21	incorporated	incorporate	VERB
cjal-3217	256	22	somewhere	somewhere	ADV
cjal-3217	256	23	like	like	ADP
cjal-3217	256	24	the	the	DET
cjal-3217	256	25	united	united	PROPN
cjal-3217	256	26	states	states	PROPN
cjal-3217	256	27	,	,	PUNCT
cjal-3217	256	28	the	the	DET
cjal-3217	256	29	cayman	cayman	PROPN
cjal-3217	256	30	islands	island	NOUN
cjal-3217	256	31	,	,	PUNCT
cjal-3217	256	32	or	or	CCONJ
cjal-3217	256	33	the	the	DET
cjal-3217	256	34	british	british	PROPN
cjal-3217	256	35	virgin	virgin	PROPN
cjal-3217	256	36	islands	islands	PROPN
cjal-3217	256	37	,	,	PUNCT
cjal-3217	256	38	and	and	CCONJ
cjal-3217	256	39	protects	protect	VERB
cjal-3217	256	40	its	its	PRON
cjal-3217	256	41	equity	equity	NOUN
cjal-3217	256	42	interests	interest	NOUN
cjal-3217	256	43	using	use	VERB
cjal-3217	256	44	convertible	convertible	ADJ
cjal-3217	256	45	preferred	preferred	ADJ
cjal-3217	256	46	shares	share	NOUN
cjal-3217	256	47	,	,	PUNCT
cjal-3217	256	48	anti	anti	ADJ
cjal-3217	256	49	-	-	ADJ
cjal-3217	256	50	dilution	dilution	ADJ
cjal-3217	256	51	protection	protection	NOUN
cjal-3217	256	52	,	,	PUNCT
cjal-3217	256	53	and	and	CCONJ
cjal-3217	256	54	pre	pre	ADJ
cjal-3217	256	55	-	-	ADJ
cjal-3217	256	56	emptive	emptive	ADJ
cjal-3217	256	57	rights.86	rights.86	NOUN
cjal-3217	256	58	considering	consider	VERB
cjal-3217	256	59	the	the	DET
cjal-3217	256	60	government	government	NOUN
cjal-3217	256	61	's	's	PART
cjal-3217	256	62	significant	significant	ADJ
cjal-3217	256	63	role	role	NOUN
cjal-3217	256	64	in	in	ADP
cjal-3217	256	65	these	these	DET
cjal-3217	256	66	complex	complex	ADJ
cjal-3217	256	67	arrangements	arrangement	NOUN
cjal-3217	256	68	,	,	PUNCT
cjal-3217	256	69	in	in	ADP
cjal-3217	256	70	addition	addition	NOUN
cjal-3217	256	71	to	to	ADP
cjal-3217	256	72	its	its	PRON
cjal-3217	256	73	40	40	NUM
cjal-3217	256	74	%	%	NOUN
cjal-3217	256	75	stake	stake	NOUN
cjal-3217	256	76	in	in	ADP
cjal-3217	256	77	total	total	ADJ
cjal-3217	256	78	investment	investment	NOUN
cjal-3217	256	79	funds	fund	NOUN
cjal-3217	256	80	,	,	PUNCT
cjal-3217	256	81	the	the	DET
cjal-3217	256	82	bulk	bulk	NOUN
cjal-3217	256	83	of	of	ADP
cjal-3217	256	84	china	china	PROPN
cjal-3217	256	85	's	's	PART
cjal-3217	256	86	venture	venture	NOUN
cjal-3217	256	87	capital	capital	NOUN
cjal-3217	256	88	operations	operation	NOUN
cjal-3217	256	89	do	do	AUX
cjal-3217	256	90	not	not	PART
cjal-3217	256	91	appear	appear	VERB
cjal-3217	256	92	to	to	PART
cjal-3217	256	93	be	be	AUX
cjal-3217	256	94	economically	economically	ADV
cjal-3217	256	95	driven	drive	VERB
cjal-3217	256	96	,	,	PUNCT
cjal-3217	256	97	giving	give	VERB
cjal-3217	256	98	rise	rise	NOUN
cjal-3217	256	99	to	to	ADP
cjal-3217	256	100	the	the	DET
cjal-3217	256	101	claim	claim	NOUN
cjal-3217	256	102	that	that	SCONJ
cjal-3217	256	103	they	they	PRON
cjal-3217	256	104	are	be	AUX
cjal-3217	256	105	venture	venture	NOUN
cjal-3217	256	106	capital	capital	NOUN
cjal-3217	256	107	outfits	outfit	NOUN
cjal-3217	256	108	in	in	ADP
cjal-3217	256	109	name	name	NOUN
cjal-3217	256	110	only	only	ADV
cjal-3217	256	111	.	.	PUNCT
cjal-3217	257	1	7	7	NUM
cjal-3217	257	2	b.	b.	PROPN
cjal-3217	257	3	problems	problem	NOUN
cjal-3217	257	4	with	with	ADP
cjal-3217	257	5	entry	entry	NOUN
cjal-3217	257	6	:	:	PUNCT
cjal-3217	257	7	structure	structure	NOUN
cjal-3217	257	8	and	and	CCONJ
cjal-3217	257	9	control	control	NOUN
cjal-3217	257	10	issues	issue	NOUN
cjal-3217	257	11	this	this	DET
cjal-3217	257	12	framework	framework	NOUN
cjal-3217	257	13	is	be	AUX
cjal-3217	257	14	problematic	problematic	ADJ
cjal-3217	257	15	for	for	ADP
cjal-3217	257	16	a	a	DET
cjal-3217	257	17	number	number	NOUN
cjal-3217	257	18	of	of	ADP
cjal-3217	257	19	reasons	reason	NOUN
cjal-3217	257	20	.	.	PUNCT
cjal-3217	258	1	first	first	ADV
cjal-3217	258	2	,	,	PUNCT
cjal-3217	258	3	under	under	ADP
cjal-3217	258	4	china	china	PROPN
cjal-3217	258	5	's	's	PART
cjal-3217	258	6	1999	1999	NUM
cjal-3217	258	7	company	company	NOUN
cjal-3217	258	8	law	law	NOUN
cjal-3217	258	9	,	,	PUNCT
cjal-3217	258	10	the	the	DET
cjal-3217	258	11	limited	limited	ADJ
cjal-3217	258	12	equity	equity	NOUN
cjal-3217	258	13	or	or	CCONJ
cjal-3217	258	14	cooperative	cooperative	ADJ
cjal-3217	258	15	joint	joint	ADJ
cjal-3217	258	16	venture	venture	NOUN
cjal-3217	258	17	structural	structural	ADJ
cjal-3217	258	18	options	option	NOUN
cjal-3217	258	19	afforded	afford	VERB
cjal-3217	258	20	foreign	foreign	ADJ
cjal-3217	258	21	venture	venture	NOUN
cjal-3217	258	22	capitalists	capitalist	NOUN
cjal-3217	258	23	do	do	AUX
cjal-3217	258	24	not	not	PART
cjal-3217	258	25	include	include	VERB
cjal-3217	258	26	incentives	incentive	NOUN
cjal-3217	258	27	like	like	ADP
cjal-3217	258	28	flow	flow	NOUN
cjal-3217	258	29	-	-	PUNCT
cjal-3217	258	30	through	through	ADP
cjal-3217	258	31	taxation	taxation	NOUN
cjal-3217	258	32	as	as	SCONJ
cjal-3217	258	33	seen	see	VERB
cjal-3217	258	34	in	in	ADP
cjal-3217	258	35	the	the	DET
cjal-3217	258	36	limited	limited	ADJ
cjal-3217	258	37	partnership	partnership	NOUN
cjal-3217	258	38	structures	structure	NOUN
cjal-3217	258	39	in	in	ADP
cjal-3217	258	40	jurisdictions	jurisdiction	NOUN
cjal-3217	258	41	like	like	ADP
cjal-3217	258	42	the	the	DET
cjal-3217	258	43	united	united	PROPN
cjal-3217	258	44	states.88	states.88	PROPN
cjal-3217	258	45	moreover	moreover	ADV
cjal-3217	258	46	,	,	PUNCT
cjal-3217	258	47	because	because	SCONJ
cjal-3217	258	48	of	of	ADP
cjal-3217	258	49	exorbitantly	exorbitantly	ADV
cjal-3217	258	50	expensive	expensive	ADJ
cjal-3217	258	51	registered	register	VERB
cjal-3217	258	52	capital	capital	NOUN
cjal-3217	258	53	requirements	requirement	NOUN
cjal-3217	258	54	imposed	impose	VERB
cjal-3217	258	55	on	on	ADP
cjal-3217	258	56	the	the	DET
cjal-3217	258	57	entrepreneur	entrepreneur	NOUN
cjal-3217	258	58	registering	register	VERB
cjal-3217	258	59	as	as	ADP
cjal-3217	258	60	a	a	DET
cjal-3217	258	61	limited	limited	ADJ
cjal-3217	258	62	liability	liability	NOUN
cjal-3217	258	63	company	company	NOUN
cjal-3217	258	64	or	or	CCONJ
cjal-3217	258	65	a	a	DET
cjal-3217	258	66	company	company	NOUN
cjal-3217	258	67	limited	limit	VERB
cjal-3217	258	68	by	by	ADP
cjal-3217	258	69	shares	share	NOUN
cjal-3217	258	70	,	,	PUNCT
cjal-3217	258	71	many	many	ADJ
cjal-3217	258	72	good	good	ADJ
cjal-3217	258	73	business	business	NOUN
cjal-3217	258	74	start	start	VERB
cjal-3217	258	75	-	-	PUNCT
cjal-3217	258	76	up	up	ADP
cjal-3217	258	77	proposals	proposal	NOUN
cjal-3217	258	78	fail	fail	VERB
cjal-3217	258	79	to	to	PART
cjal-3217	258	80	qualify	qualify	VERB
cjal-3217	258	81	for	for	ADP
cjal-3217	258	82	registration	registration	NOUN
cjal-3217	258	83	and	and	CCONJ
cjal-3217	258	84	consequently	consequently	ADV
cjal-3217	258	85	forego	forego	ADJ
cjal-3217	258	86	badly	badly	ADV
cjal-3217	258	87	needed	need	VERB
cjal-3217	258	88	funding	funding	NOUN
cjal-3217	258	89	.	.	PUNCT
cjal-3217	259	1	89	89	NUM
cjal-3217	259	2	this	this	PRON
cjal-3217	259	3	is	be	AUX
cjal-3217	259	4	exacerbated	exacerbate	VERB
cjal-3217	259	5	by	by	ADP
cjal-3217	259	6	the	the	DET
cjal-3217	259	7	law	law	NOUN
cjal-3217	259	8	's	's	PART
cjal-3217	259	9	20	20	NUM
cjal-3217	259	10	%	%	NOUN
cjal-3217	259	11	limitation	limitation	NOUN
cjal-3217	259	12	on	on	ADP
cjal-3217	259	13	entrepreneurs	entrepreneur	NOUN
cjal-3217	259	14	registering	register	VERB
cjal-3217	259	15	intellectual	intellectual	ADJ
cjal-3217	259	16	property	property	NOUN
cjal-3217	259	17	as	as	ADP
cjal-3217	259	18	initial	initial	ADJ
cjal-3217	259	19	equity	equity	NOUN
cjal-3217	259	20	.	.	PUNCT
cjal-3217	259	21	'	'	PUNCT
cjal-3217	260	1	the	the	DET
cjal-3217	260	2	entrepreneur	entrepreneur	NOUN
cjal-3217	260	3	also	also	ADV
cjal-3217	260	4	may	may	AUX
cjal-3217	260	5	face	face	VERB
cjal-3217	260	6	prohibitive	prohibitive	ADJ
cjal-3217	260	7	costs	cost	NOUN
cjal-3217	260	8	because	because	SCONJ
cjal-3217	260	9	the	the	DET
cjal-3217	260	10	company	company	NOUN
cjal-3217	260	11	law	law	NOUN
cjal-3217	260	12	is	be	AUX
cjal-3217	260	13	85	85	NUM
cjal-3217	260	14	see	see	NOUN
cjal-3217	260	15	john	john	PROPN
cjal-3217	260	16	lo	lo	PROPN
cjal-3217	260	17	,	,	PUNCT
cjal-3217	260	18	supra	supra	PROPN
cjal-3217	260	19	note	note	PROPN
cjal-3217	260	20	82	82	NUM
cjal-3217	260	21	;	;	PUNCT
cjal-3217	260	22	see	see	VERB
cjal-3217	260	23	also	also	ADV
cjal-3217	260	24	mark	mark	VERB
cjal-3217	260	25	landler	landler	NOUN
cjal-3217	260	26	,	,	PUNCT
cjal-3217	260	27	rolling	roll	VERB
cjal-3217	260	28	with	with	ADP
cjal-3217	260	29	china	china	PROPN
cjal-3217	260	30	's	's	PART
cjal-3217	260	31	web	web	NOUN
cjal-3217	260	32	punches	punch	NOUN
cjal-3217	260	33	,	,	PUNCT
cjal-3217	260	34	n.y.tmes	n.y.tme	NOUN
cjal-3217	260	35	,	,	PUNCT
cjal-3217	260	36	jan	jan	PROPN
cjal-3217	260	37	.	.	PROPN
cjal-3217	260	38	31	31	NUM
cjal-3217	260	39	,	,	PUNCT
cjal-3217	260	40	2000	2000	NUM
cjal-3217	260	41	,	,	PUNCT
cjal-3217	260	42	at	at	ADP
cjal-3217	260	43	10	10	NUM
cjal-3217	260	44	.	.	PUNCT
cjal-3217	261	1	16	16	NUM
cjal-3217	261	2	see	see	VERB
cjal-3217	261	3	i	i	PROPN
cjal-3217	261	4	d.	d.	PROPN
cjal-3217	261	5	;	;	PUNCT
cjal-3217	261	6	see	see	VERB
cjal-3217	261	7	also	also	ADV
cjal-3217	261	8	shen	shen	PROPN
cjal-3217	261	9	wei	wei	PROPN
cjal-3217	261	10	and	and	CCONJ
cjal-3217	261	11	yuji	yuji	PROPN
cjal-3217	261	12	sun	sun	PROPN
cjal-3217	261	13	,	,	PUNCT
cjal-3217	261	14	chinese	chinese	ADJ
cjal-3217	261	15	regulatory	regulatory	ADJ
cjal-3217	261	16	framework	framework	NOUN
cjal-3217	261	17	for	for	ADP
cjal-3217	261	18	venture	venture	NOUN
cjal-3217	261	19	capital	capital	NOUN
cjal-3217	261	20	investment	investment	NOUN
cjal-3217	261	21	,	,	PUNCT
cjal-3217	261	22	china	china	PROPN
cjal-3217	261	23	law	law	PROPN
cjal-3217	261	24	update	update	NOUN
cjal-3217	261	25	,	,	PUNCT
cjal-3217	261	26	june	june	PROPN
cjal-3217	261	27	2000	2000	NUM
cjal-3217	261	28	,	,	PUNCT
cjal-3217	261	29	at	at	ADP
cjal-3217	261	30	16	16	NUM
cjal-3217	261	31	.	.	PUNCT
cjal-3217	262	1	wei	wei	PROPN
cjal-3217	262	2	and	and	CCONJ
cjal-3217	262	3	sun	sun	PROPN
cjal-3217	262	4	discuss	discuss	VERB
cjal-3217	262	5	two	two	NUM
cjal-3217	262	6	other	other	ADJ
cjal-3217	262	7	less	less	ADV
cjal-3217	262	8	frequently	frequently	ADV
cjal-3217	262	9	used	use	VERB
cjal-3217	262	10	investment	investment	NOUN
cjal-3217	262	11	structures	structure	NOUN
cjal-3217	262	12	.	.	PUNCT
cjal-3217	263	1	foreign	foreign	ADJ
cjal-3217	263	2	investors	investor	NOUN
cjal-3217	263	3	may	may	AUX
cjal-3217	263	4	utilize	utilize	VERB
cjal-3217	263	5	a	a	DET
cjal-3217	263	6	wholly	wholly	ADV
cjal-3217	263	7	foreign	foreign	ADJ
cjal-3217	263	8	owned	own	VERB
cjal-3217	263	9	chinese	chinese	ADJ
cjal-3217	263	10	holding	hold	VERB
cjal-3217	263	11	company	company	NOUN
cjal-3217	263	12	to	to	PART
cjal-3217	263	13	do	do	VERB
cjal-3217	263	14	their	their	PRON
cjal-3217	263	15	investing	investing	NOUN
cjal-3217	263	16	,	,	PUNCT
cjal-3217	263	17	but	but	CCONJ
cjal-3217	263	18	many	many	ADJ
cjal-3217	263	19	are	be	AUX
cjal-3217	263	20	excluded	exclude	VERB
cjal-3217	263	21	from	from	ADP
cjal-3217	263	22	this	this	DET
cjal-3217	263	23	option	option	NOUN
cjal-3217	263	24	because	because	SCONJ
cjal-3217	263	25	of	of	ADP
cjal-3217	263	26	the	the	DET
cjal-3217	263	27	high	high	ADJ
cjal-3217	263	28	capital	capital	NOUN
cjal-3217	263	29	requirements	requirement	NOUN
cjal-3217	263	30	and	and	CCONJ
cjal-3217	263	31	intricate	intricate	ADJ
cjal-3217	263	32	government	government	NOUN
cjal-3217	263	33	approval	approval	NOUN
cjal-3217	263	34	process	process	NOUN
cjal-3217	263	35	needed	need	VERB
cjal-3217	263	36	to	to	PART
cjal-3217	263	37	qualify	qualify	VERB
cjal-3217	263	38	.	.	PUNCT
cjal-3217	264	1	technically	technically	ADV
cjal-3217	264	2	,	,	PUNCT
cjal-3217	264	3	investors	investor	NOUN
cjal-3217	264	4	also	also	ADV
cjal-3217	264	5	could	could	AUX
cjal-3217	264	6	try	try	VERB
cjal-3217	264	7	investing	invest	VERB
cjal-3217	264	8	directly	directly	ADV
cjal-3217	264	9	into	into	ADP
cjal-3217	264	10	domestic	domestic	ADJ
cjal-3217	264	11	limited	limited	ADJ
cjal-3217	264	12	liability	liability	NOUN
cjal-3217	264	13	companies	company	NOUN
cjal-3217	264	14	because	because	SCONJ
cjal-3217	264	15	the	the	DET
cjal-3217	264	16	company	company	NOUN
cjal-3217	264	17	law	law	NOUN
cjal-3217	264	18	is	be	AUX
cjal-3217	264	19	quiet	quiet	ADJ
cjal-3217	264	20	on	on	ADP
cjal-3217	264	21	the	the	DET
cjal-3217	264	22	subject	subject	NOUN
cjal-3217	264	23	,	,	PUNCT
cjal-3217	264	24	but	but	CCONJ
cjal-3217	264	25	the	the	DET
cjal-3217	264	26	authors	author	NOUN
cjal-3217	264	27	do	do	AUX
cjal-3217	264	28	not	not	PART
cjal-3217	264	29	recommend	recommend	VERB
cjal-3217	264	30	the	the	DET
cjal-3217	264	31	approach	approach	NOUN
cjal-3217	264	32	because	because	SCONJ
cjal-3217	264	33	moftec	moftec	ADJ
cjal-3217	264	34	does	do	AUX
cjal-3217	264	35	not	not	PART
cjal-3217	264	36	encourage	encourage	VERB
cjal-3217	264	37	such	such	ADJ
cjal-3217	264	38	practice	practice	NOUN
cjal-3217	264	39	.	.	PUNCT
cjal-3217	265	1	87	87	NUM
cjal-3217	265	2	see	see	VERB
cjal-3217	265	3	justin	justin	PROPN
cjal-3217	265	4	doebele	doebele	PROPN
cjal-3217	265	5	,	,	PUNCT
cjal-3217	265	6	let	let	VERB
cjal-3217	265	7	a	a	DET
cjal-3217	265	8	million	million	NUM
cjal-3217	265	9	companies	company	NOUN
cjal-3217	265	10	bloom	bloom	VERB
cjal-3217	265	11	,	,	PUNCT
cjal-3217	265	12	forbes	forbes	PROPN
cjal-3217	265	13	,	,	PUNCT
cjal-3217	265	14	june	june	PROPN
cjal-3217	265	15	12	12	NUM
cjal-3217	265	16	,	,	PUNCT
cjal-3217	265	17	2000	2000	NUM
cjal-3217	265	18	,	,	PUNCT
cjal-3217	265	19	at	at	ADP
cjal-3217	265	20	160	160	NUM
cjal-3217	265	21	.	.	NOUN
cjal-3217	265	22	8	8	NUM
cjal-3217	265	23	see	see	VERB
cjal-3217	265	24	peggy	peggy	PROPN
cjal-3217	265	25	fu	fu	PROPN
cjal-3217	265	26	,	,	PUNCT
cjal-3217	265	27	developing	develop	VERB
cjal-3217	265	28	venture	venture	NOUN
cjal-3217	265	29	capital	capital	NOUN
cjal-3217	265	30	laws	law	NOUN
cjal-3217	265	31	in	in	ADP
cjal-3217	265	32	china	china	PROPN
cjal-3217	265	33	:	:	PUNCT
cjal-3217	265	34	lessons	lesson	NOUN
cjal-3217	265	35	learned	learn	VERB
cjal-3217	265	36	from	from	ADP
cjal-3217	265	37	the	the	DET
cjal-3217	265	38	united	united	PROPN
cjal-3217	265	39	states	states	PROPN
cjal-3217	265	40	,	,	PUNCT
cjal-3217	265	41	germany	germany	PROPN
cjal-3217	265	42	,	,	PUNCT
cjal-3217	265	43	and	and	CCONJ
cjal-3217	265	44	japan	japan	PROPN
cjal-3217	265	45	,	,	PUNCT
cjal-3217	265	46	23	23	NUM
cjal-3217	265	47	loy	loy	PROPN
cjal-3217	265	48	.	.	PUNCT
cjal-3217	266	1	l.a	l.a	PROPN
cjal-3217	266	2	.	.	PROPN
cjal-3217	266	3	int'l	int'l	PROPN
cjal-3217	266	4	&	&	CCONJ
cjal-3217	266	5	comp	comp	PROPN
cjal-3217	266	6	.	.	PUNCT
cjal-3217	267	1	l.	l.	PROPN
cjal-3217	267	2	rev	rev	PROPN
cjal-3217	267	3	.	.	PROPN
cjal-3217	267	4	487	487	NUM
cjal-3217	267	5	,	,	PUNCT
cjal-3217	267	6	522	522	NUM
cjal-3217	267	7	(	(	PUNCT
cjal-3217	267	8	may	may	PROPN
cjal-3217	267	9	2001	2001	NUM
cjal-3217	267	10	)	)	PUNCT
cjal-3217	267	11	.	.	PUNCT
cjal-3217	268	1	89	89	NUM
cjal-3217	268	2	see	see	VERB
cjal-3217	268	3	lo	lo	PROPN
cjal-3217	268	4	,	,	PUNCT
cjal-3217	268	5	supra	supra	PROPN
cjal-3217	268	6	note	note	PROPN
cjal-3217	268	7	85	85	NUM
cjal-3217	268	8	.	.	PUNCT
cjal-3217	268	9	to	to	PART
cjal-3217	268	10	qualify	qualify	VERB
cjal-3217	268	11	as	as	ADP
cjal-3217	268	12	a	a	DET
cjal-3217	268	13	limited	limited	ADJ
cjal-3217	268	14	liability	liability	NOUN
cjal-3217	268	15	company	company	NOUN
cjal-3217	268	16	,	,	PUNCT
cjal-3217	268	17	article	article	NOUN
cjal-3217	268	18	23	23	NUM
cjal-3217	268	19	of	of	ADP
cjal-3217	268	20	the	the	DET
cjal-3217	268	21	company	company	NOUN
cjal-3217	268	22	law	law	NOUN
cjal-3217	268	23	of	of	ADP
cjal-3217	268	24	the	the	DET
cjal-3217	268	25	people	people	NOUN
cjal-3217	268	26	's	's	PART
cjal-3217	268	27	republic	republic	NOUN
cjal-3217	268	28	of	of	ADP
cjal-3217	268	29	china	china	PROPN
cjal-3217	268	30	requires	require	VERB
cjal-3217	268	31	a	a	DET
cjal-3217	268	32	minimum	minimum	ADJ
cjal-3217	268	33	capital	capital	NOUN
cjal-3217	268	34	contribution	contribution	NOUN
cjal-3217	268	35	of	of	ADP
cjal-3217	268	36	rmb	rmb	PROPN
cjal-3217	268	37	100,000	100,000	NUM
cjal-3217	268	38	for	for	ADP
cjal-3217	268	39	technology	technology	NOUN
cjal-3217	268	40	ventures	venture	NOUN
cjal-3217	268	41	up	up	ADP
cjal-3217	268	42	to	to	ADP
cjal-3217	268	43	a	a	DET
cjal-3217	268	44	maximum	maximum	ADJ
cjal-3217	268	45	rmb	rmb	NOUN
cjal-3217	268	46	500,000	500,000	NUM
cjal-3217	268	47	for	for	ADP
cjal-3217	268	48	production	production	NOUN
cjal-3217	268	49	ventures	venture	NOUN
cjal-3217	268	50	.	.	PUNCT
cjal-3217	269	1	to	to	PART
cjal-3217	269	2	qualify	qualify	VERB
cjal-3217	269	3	as	as	ADP
cjal-3217	269	4	a	a	DET
cjal-3217	269	5	company	company	NOUN
cjal-3217	269	6	limited	limit	VERB
cjal-3217	269	7	by	by	ADP
cjal-3217	269	8	shares	share	NOUN
cjal-3217	269	9	,	,	PUNCT
cjal-3217	269	10	article	article	NOUN
cjal-3217	269	11	78	78	NUM
cjal-3217	269	12	requires	require	VERB
cjal-3217	269	13	a	a	DET
cjal-3217	269	14	minimum	minimum	ADJ
cjal-3217	269	15	contribution	contribution	NOUN
cjal-3217	269	16	of	of	ADP
cjal-3217	269	17	rmb	rmb	PROPN
cjal-3217	269	18	10,000,000	10,000,000	NUM
cjal-3217	269	19	.	.	PUNCT
cjal-3217	270	1	on	on	ADP
cjal-3217	270	2	a	a	DET
cjal-3217	270	3	rmb	rmb	NOUN
cjal-3217	270	4	2,000	2,000	NUM
cjal-3217	270	5	monthly	monthly	ADJ
cjal-3217	270	6	salary	salary	NOUN
cjal-3217	270	7	,	,	PUNCT
cjal-3217	270	8	these	these	DET
cjal-3217	270	9	steep	steep	ADJ
cjal-3217	270	10	figures	figure	NOUN
cjal-3217	270	11	prevent	prevent	VERB
cjal-3217	270	12	great	great	ADJ
cjal-3217	270	13	numbers	number	NOUN
cjal-3217	270	14	of	of	ADP
cjal-3217	270	15	capable	capable	ADJ
cjal-3217	270	16	chinese	chinese	ADJ
cjal-3217	270	17	businessmen	businessman	NOUN
cjal-3217	270	18	from	from	ADP
cjal-3217	270	19	registering	register	VERB
cjal-3217	270	20	for	for	ADP
cjal-3217	270	21	funding	funding	NOUN
cjal-3217	270	22	.	.	PUNCT
cjal-3217	271	1	90	90	NUM
cjal-3217	271	2	see	see	VERB
cjal-3217	271	3	i	i	PRON
cjal-3217	271	4	d.	d.	PROPN
cjal-3217	271	5	article	article	NOUN
cjal-3217	271	6	24	24	NUM
cjal-3217	271	7	of	of	ADP
cjal-3217	271	8	the	the	DET
cjal-3217	271	9	company	company	NOUN
cjal-3217	271	10	law	law	NOUN
cjal-3217	271	11	states	state	VERB
cjal-3217	271	12	that	that	SCONJ
cjal-3217	271	13	intellectual	intellectual	ADJ
cjal-3217	271	14	property	property	NOUN
cjal-3217	271	15	in	in	ADP
cjal-3217	271	16	the	the	DET
cjal-3217	271	17	form	form	NOUN
cjal-3217	271	18	of	of	ADP
cjal-3217	271	19	a	a	DET
cjal-3217	271	20	patent	patent	NOUN
cjal-3217	271	21	,	,	PUNCT
cjal-3217	271	22	copyright	copyright	NOUN
cjal-3217	271	23	,	,	PUNCT
cjal-3217	271	24	or	or	CCONJ
cjal-3217	271	25	trade	trade	NOUN
cjal-3217	271	26	secret	secret	NOUN
cjal-3217	271	27	may	may	AUX
cjal-3217	271	28	not	not	PART
cjal-3217	271	29	exceed	exceed	VERB
cjal-3217	271	30	20	20	NUM
cjal-3217	271	31	%	%	NOUN
cjal-3217	271	32	of	of	ADP
cjal-3217	271	33	initial	initial	ADJ
cjal-3217	271	34	registered	register	VERB
cjal-3217	271	35	capital	capital	NOUN
cjal-3217	271	36	.	.	PUNCT
cjal-3217	272	1	[	[	X
cjal-3217	272	2	16:1	16:1	NUM
cjal-3217	272	3	venture	venture	NOUN
cjal-3217	272	4	capital	capital	NOUN
cjal-3217	272	5	in	in	ADP
cjal-3217	272	6	china	china	PROPN
cjal-3217	272	7	silent	silent	ADJ
cjal-3217	272	8	on	on	ADP
cjal-3217	272	9	whether	whether	SCONJ
cjal-3217	272	10	companies	company	NOUN
cjal-3217	272	11	may	may	AUX
cjal-3217	272	12	legally	legally	ADV
cjal-3217	272	13	offer	offer	VERB
cjal-3217	272	14	stock	stock	NOUN
cjal-3217	272	15	option	option	NOUN
cjal-3217	272	16	plans	plan	NOUN
cjal-3217	272	17	to	to	ADP
cjal-3217	272	18	employees	employee	NOUN
cjal-3217	272	19	as	as	ADP
cjal-3217	272	20	an	an	DET
cjal-3217	272	21	alternative	alternative	NOUN
cjal-3217	272	22	to	to	ADP
cjal-3217	272	23	cash	cash	NOUN
cjal-3217	272	24	payments	payment	NOUN
cjal-3217	272	25	.	.	PUNCT
cjal-3217	272	26	'	'	PUNCT
cjal-3217	273	1	second	second	ADJ
cjal-3217	273	2	,	,	PUNCT
cjal-3217	273	3	while	while	SCONJ
cjal-3217	273	4	the	the	DET
cjal-3217	273	5	private	private	ADJ
cjal-3217	273	6	enterprise	enterprise	NOUN
cjal-3217	273	7	-	-	PUNCT
cjal-3217	273	8	to	to	ADP
cjal-3217	273	9	-	-	PUNCT
cjal-3217	273	10	government	government	NOUN
cjal-3217	273	11	union	union	NOUN
cjal-3217	273	12	has	have	AUX
cjal-3217	273	13	brought	bring	VERB
cjal-3217	273	14	significant	significant	ADJ
cjal-3217	273	15	modifications	modification	NOUN
cjal-3217	273	16	to	to	ADP
cjal-3217	273	17	chinese	chinese	ADJ
cjal-3217	273	18	regulations	regulation	NOUN
cjal-3217	273	19	regarding	regard	VERB
cjal-3217	273	20	areas	area	NOUN
cjal-3217	273	21	of	of	ADP
cjal-3217	273	22	foreign	foreign	ADJ
cjal-3217	273	23	investment	investment	NOUN
cjal-3217	273	24	,	,	PUNCT
cjal-3217	273	25	including	include	VERB
cjal-3217	273	26	sensitive	sensitive	ADJ
cjal-3217	273	27	areas	area	NOUN
cjal-3217	273	28	like	like	ADP
cjal-3217	273	29	aviation	aviation	NOUN
cjal-3217	273	30	,	,	PUNCT
cjal-3217	273	31	92	92	NUM
cjal-3217	273	32	telecommunications,93	telecommunications,93	NOUN
cjal-3217	273	33	and	and	CCONJ
cjal-3217	273	34	insurance	insurance	NOUN
cjal-3217	273	35	,	,	PUNCT
cjal-3217	273	36	'	'	PUNCT
cjal-3217	273	37	china	china	PROPN
cjal-3217	273	38	's	's	PART
cjal-3217	273	39	imposition	imposition	NOUN
cjal-3217	273	40	of	of	ADP
cjal-3217	273	41	this	this	DET
cjal-3217	273	42	joint	joint	ADJ
cjal-3217	273	43	structure	structure	NOUN
cjal-3217	273	44	infringes	infringe	VERB
cjal-3217	273	45	on	on	ADP
cjal-3217	273	46	the	the	DET
cjal-3217	273	47	venture	venture	NOUN
cjal-3217	273	48	capitalist	capitalist	NOUN
cjal-3217	273	49	's	's	PART
cjal-3217	273	50	economically	economically	ADV
cjal-3217	273	51	driven	drive	VERB
cjal-3217	273	52	decision	decision	NOUN
cjal-3217	273	53	-	-	PUNCT
cjal-3217	273	54	making	make	VERB
cjal-3217	273	55	independence95	independence95	NOUN
cjal-3217	273	56	and	and	CCONJ
cjal-3217	273	57	inefficiently	inefficiently	ADV
cjal-3217	273	58	channels	channel	VERB
cjal-3217	273	59	investments	investment	NOUN
cjal-3217	273	60	towards	towards	ADP
cjal-3217	273	61	politically	politically	ADV
cjal-3217	273	62	important	important	ADJ
cjal-3217	273	63	companies	company	NOUN
cjal-3217	273	64	rather	rather	ADV
cjal-3217	273	65	than	than	ADP
cjal-3217	273	66	economically	economically	ADV
cjal-3217	273	67	promising	promising	ADJ
cjal-3217	273	68	prospects	prospect	NOUN
cjal-3217	273	69	.	.	PUNCT
cjal-3217	273	70	'	'	PUNCT
cjal-3217	274	1	this	this	PRON
cjal-3217	274	2	is	be	AUX
cjal-3217	274	3	underpinned	underpin	VERB
cjal-3217	274	4	by	by	ADP
cjal-3217	274	5	china	china	PROPN
cjal-3217	274	6	's	's	PART
cjal-3217	274	7	fie	fie	NOUN
cjal-3217	274	8	regulations	regulation	NOUN
cjal-3217	274	9	.	.	PUNCT
cjal-3217	275	1	ownership	ownership	NOUN
cjal-3217	275	2	levels	level	NOUN
cjal-3217	275	3	are	be	AUX
cjal-3217	275	4	capped	cap	VERB
cjal-3217	275	5	in	in	ADP
cjal-3217	275	6	certain	certain	ADJ
cjal-3217	275	7	economic	economic	ADJ
cjal-3217	275	8	sectors	sector	NOUN
cjal-3217	275	9	,	,	PUNCT
cjal-3217	275	10	thereby	thereby	ADV
cjal-3217	275	11	inhibiting	inhibit	VERB
cjal-3217	275	12	the	the	DET
cjal-3217	275	13	venture	venture	NOUN
cjal-3217	275	14	capitalist	capitalist	NOUN
cjal-3217	275	15	's	's	PART
cjal-3217	275	16	governance	governance	NOUN
cjal-3217	275	17	capabilities	capability	NOUN
cjal-3217	275	18	,	,	PUNCT
cjal-3217	275	19	or	or	CCONJ
cjal-3217	275	20	the	the	DET
cjal-3217	275	21	venture	venture	NOUN
cjal-3217	275	22	capitalist	capitalist	NOUN
cjal-3217	275	23	is	be	AUX
cjal-3217	275	24	prohibited	prohibit	VERB
cjal-3217	275	25	from	from	ADP
cjal-3217	275	26	investing	invest	VERB
cjal-3217	275	27	in	in	ADP
cjal-3217	275	28	certain	certain	ADJ
cjal-3217	275	29	sectors	sector	NOUN
cjal-3217	275	30	altogether	altogether	ADV
cjal-3217	275	31	because	because	SCONJ
cjal-3217	275	32	of	of	ADP
cjal-3217	275	33	state	state	NOUN
cjal-3217	275	34	sensitivity	sensitivity	NOUN
cjal-3217	275	35	considerations.97	considerations.97	NOUN
cjal-3217	275	36	even	even	ADV
cjal-3217	275	37	if	if	SCONJ
cjal-3217	275	38	venture	venture	NOUN
cjal-3217	275	39	capitalists	capitalist	NOUN
cjal-3217	275	40	try	try	VERB
cjal-3217	275	41	to	to	PART
cjal-3217	275	42	bypass	bypass	VERB
cjal-3217	275	43	these	these	DET
cjal-3217	275	44	equity	equity	NOUN
cjal-3217	275	45	regulations	regulation	NOUN
cjal-3217	275	46	by	by	ADP
cjal-3217	275	47	offering	offer	VERB
cjal-3217	275	48	entrepreneurs	entrepreneur	NOUN
cjal-3217	275	49	debt	debt	NOUN
cjal-3217	275	50	instruments	instrument	NOUN
cjal-3217	275	51	91	91	NUM
cjal-3217	275	52	see	see	VERB
cjal-3217	275	53	i	i	PRON
cjal-3217	275	54	d.	d.	VERB
cjal-3217	275	55	some	some	PRON
cjal-3217	275	56	engage	engage	VERB
cjal-3217	275	57	in	in	ADP
cjal-3217	275	58	the	the	DET
cjal-3217	275	59	practice	practice	NOUN
cjal-3217	275	60	,	,	PUNCT
cjal-3217	275	61	but	but	CCONJ
cjal-3217	275	62	those	those	DET
cjal-3217	275	63	instances	instance	NOUN
cjal-3217	275	64	are	be	AUX
cjal-3217	275	65	rare	rare	ADJ
cjal-3217	275	66	.	.	PUNCT
cjal-3217	276	1	interview	interview	NOUN
cjal-3217	276	2	with	with	ADP
cjal-3217	276	3	dr	dr	PROPN
cjal-3217	276	4	.	.	PROPN
cjal-3217	276	5	guanghua	guanghua	PROPN
cjal-3217	276	6	yu	yu	PROPN
cjal-3217	276	7	,	,	PUNCT
cjal-3217	276	8	professor	professor	NOUN
cjal-3217	276	9	of	of	ADP
cjal-3217	276	10	company	company	NOUN
cjal-3217	276	11	and	and	CCONJ
cjal-3217	276	12	securities	security	NOUN
cjal-3217	276	13	law	law	NOUN
cjal-3217	276	14	in	in	ADP
cjal-3217	276	15	the	the	DET
cjal-3217	276	16	prc	prc	PROPN
cjal-3217	276	17	,	,	PUNCT
cjal-3217	276	18	university	university	NOUN
cjal-3217	276	19	of	of	ADP
cjal-3217	276	20	hong	hong	PROPN
cjal-3217	276	21	kong	kong	PROPN
cjal-3217	276	22	,	,	PUNCT
cjal-3217	276	23	in	in	ADP
cjal-3217	276	24	hong	hong	PROPN
cjal-3217	276	25	kong	kong	PROPN
cjal-3217	276	26	,	,	PUNCT
cjal-3217	276	27	china	china	PROPN
cjal-3217	276	28	(	(	PUNCT
cjal-3217	276	29	dec	dec	PROPN
cjal-3217	276	30	.	.	PROPN
cjal-3217	276	31	1	1	NUM
cjal-3217	276	32	,	,	PUNCT
cjal-3217	276	33	2000	2000	NUM
cjal-3217	276	34	)	)	PUNCT
cjal-3217	276	35	.	.	PUNCT
cjal-3217	277	1	92	92	NUM
cjal-3217	277	2	see	see	NOUN
cjal-3217	277	3	folta	folta	NOUN
cjal-3217	277	4	,	,	PUNCT
cjal-3217	277	5	supra	supra	PROPN
cjal-3217	277	6	note	note	NOUN
cjal-3217	277	7	8	8	NUM
cjal-3217	277	8	.	.	PUNCT
cjal-3217	277	9	in	in	ADP
cjal-3217	277	10	1996	1996	NUM
cjal-3217	277	11	,	,	PUNCT
cjal-3217	277	12	george	george	PROPN
cjal-3217	277	13	soros	soros	PROPN
cjal-3217	277	14	reportedly	reportedly	ADV
cjal-3217	277	15	purchased	purchase	VERB
cjal-3217	277	16	25	25	NUM
cjal-3217	277	17	%	%	NOUN
cjal-3217	277	18	of	of	ADP
cjal-3217	277	19	hainan	hainan	PROPN
cjal-3217	277	20	airlines	airline	NOUN
cjal-3217	277	21	from	from	ADP
cjal-3217	277	22	the	the	DET
cjal-3217	277	23	chinese	chinese	ADJ
cjal-3217	277	24	government	government	NOUN
cjal-3217	277	25	,	,	PUNCT
cjal-3217	277	26	despite	despite	SCONJ
cjal-3217	277	27	laws	law	NOUN
cjal-3217	277	28	prohibiting	prohibit	VERB
cjal-3217	277	29	such	such	ADJ
cjal-3217	277	30	purchases	purchase	NOUN
cjal-3217	277	31	.	.	PUNCT
cjal-3217	278	1	in	in	ADP
cjal-3217	278	2	addition	addition	NOUN
cjal-3217	278	3	,	,	PUNCT
cjal-3217	278	4	the	the	DET
cjal-3217	278	5	government	government	NOUN
cjal-3217	278	6	raised	raise	VERB
cjal-3217	278	7	the	the	DET
cjal-3217	278	8	aviation	aviation	NOUN
cjal-3217	278	9	foreign	foreign	ADJ
cjal-3217	278	10	ownership	ownership	NOUN
cjal-3217	278	11	level	level	NOUN
cjal-3217	278	12	to	to	ADP
cjal-3217	278	13	35	35	NUM
cjal-3217	278	14	%	%	NOUN
cjal-3217	278	15	at	at	ADP
cjal-3217	278	16	the	the	DET
cjal-3217	278	17	time	time	NOUN
cjal-3217	278	18	of	of	ADP
cjal-3217	278	19	the	the	DET
cjal-3217	278	20	deal	deal	NOUN
cjal-3217	278	21	and	and	CCONJ
cjal-3217	278	22	has	have	AUX
cjal-3217	278	23	suggested	suggest	VERB
cjal-3217	278	24	it	it	PRON
cjal-3217	278	25	may	may	AUX
cjal-3217	278	26	yet	yet	ADV
cjal-3217	278	27	raise	raise	VERB
cjal-3217	278	28	it	it	PRON
cjal-3217	278	29	to	to	ADP
cjal-3217	278	30	forty	forty	NUM
cjal-3217	278	31	.	.	PUNCT
cjal-3217	279	1	see	see	VERB
cjal-3217	279	2	i	i	PRON
cjal-3217	279	3	d.	d.	PROPN
cjal-3217	279	4	the	the	DET
cjal-3217	279	5	first	first	ADJ
cjal-3217	279	6	broadband	broadband	NOUN
cjal-3217	279	7	integrated	integrate	VERB
cjal-3217	279	8	services	service	NOUN
cjal-3217	279	9	digital	digital	ADJ
cjal-3217	279	10	network	network	NOUN
cjal-3217	279	11	in	in	ADP
cjal-3217	279	12	guangzhou	guangzhou	PROPN
cjal-3217	279	13	was	be	AUX
cjal-3217	279	14	financed	finance	VERB
cjal-3217	279	15	by	by	ADP
cjal-3217	279	16	sc	sc	PROPN
cjal-3217	279	17	&	&	CCONJ
cjal-3217	279	18	m	m	PROPN
cjal-3217	279	19	international	international	PROPN
cjal-3217	279	20	limited	limited	ADJ
cjal-3217	279	21	and	and	CCONJ
cjal-3217	279	22	brooks	brooks	PROPN
cjal-3217	279	23	telecommunications	telecommunication	NOUN
cjal-3217	279	24	,	,	PUNCT
cjal-3217	279	25	two	two	NUM
cjal-3217	279	26	u.s	u.s	PROPN
cjal-3217	279	27	.	.	PROPN
cjal-3217	279	28	firms	firm	NOUN
cjal-3217	279	29	,	,	PUNCT
cjal-3217	279	30	in	in	ADP
cjal-3217	279	31	conjunction	conjunction	NOUN
cjal-3217	279	32	with	with	ADP
cjal-3217	279	33	the	the	DET
cjal-3217	279	34	guangzhou	guangzhou	PROPN
cjal-3217	279	35	city	city	PROPN
cjal-3217	279	36	government	government	NOUN
cjal-3217	279	37	.	.	PUNCT
cjal-3217	280	1	94	94	NUM
cjal-3217	280	2	see	see	VERB
cjal-3217	280	3	priming	prime	VERB
cjal-3217	280	4	the	the	DET
cjal-3217	280	5	prc	prc	PROPN
cjal-3217	280	6	pump	pump	NOUN
cjal-3217	280	7	,	,	PUNCT
cjal-3217	280	8	asian	asian	ADJ
cjal-3217	280	9	venture	venture	NOUN
cjal-3217	280	10	capital	capital	NOUN
cjal-3217	280	11	journal	journal	PROPN
cjal-3217	280	12	,	,	PUNCT
cjal-3217	280	13	nov	nov	PROPN
cjal-3217	280	14	.	.	PROPN
cjal-3217	280	15	1999	1999	NUM
cjal-3217	280	16	,	,	PUNCT
cjal-3217	280	17	at	at	ADP
cjal-3217	280	18	14	14	NUM
cjal-3217	280	19	;	;	PUNCT
cjal-3217	280	20	see	see	VERB
cjal-3217	280	21	also	also	ADV
cjal-3217	280	22	well	well	ADV
cjal-3217	280	23	-	-	PUNCT
cjal-3217	280	24	covered	cover	VERB
cjal-3217	280	25	in	in	ADP
cjal-3217	280	26	china	china	PROPN
cjal-3217	280	27	,	,	PUNCT
cjal-3217	280	28	asian	asian	ADJ
cjal-3217	280	29	venture	venture	NOUN
cjal-3217	280	30	capital	capital	NOUN
cjal-3217	280	31	journal	journal	PROPN
cjal-3217	280	32	,	,	PUNCT
cjal-3217	280	33	may	may	PROPN
cjal-3217	280	34	1999	1999	NUM
cjal-3217	280	35	,	,	PUNCT
cjal-3217	280	36	at	at	ADP
cjal-3217	280	37	10	10	NUM
cjal-3217	280	38	.	.	PUNCT
cjal-3217	281	1	in	in	ADP
cjal-3217	281	2	a	a	DET
cjal-3217	281	3	race	race	NOUN
cjal-3217	281	4	to	to	PART
cjal-3217	281	5	get	get	VERB
cjal-3217	281	6	hold	hold	NOUN
cjal-3217	281	7	of	of	ADP
cjal-3217	281	8	insurance	insurance	NOUN
cjal-3217	281	9	operating	operating	NOUN
cjal-3217	281	10	licenses	license	NOUN
cjal-3217	281	11	from	from	ADP
cjal-3217	281	12	the	the	DET
cjal-3217	281	13	chinese	chinese	ADJ
cjal-3217	281	14	government	government	NOUN
cjal-3217	281	15	to	to	PART
cjal-3217	281	16	profit	profit	VERB
cjal-3217	281	17	on	on	ADP
cjal-3217	281	18	china	china	PROPN
cjal-3217	281	19	's	's	PART
cjal-3217	281	20	estimated	estimate	VERB
cjal-3217	281	21	us$30	us$30	ADJ
cjal-3217	281	22	billion	billion	NUM
cjal-3217	281	23	insurance	insurance	NOUN
cjal-3217	281	24	market	market	NOUN
cjal-3217	281	25	,	,	PUNCT
cjal-3217	281	26	cgu	cgu	PROPN
cjal-3217	281	27	,	,	PUNCT
cjal-3217	281	28	the	the	DET
cjal-3217	281	29	uk	uk	PROPN
cjal-3217	281	30	's	's	PART
cjal-3217	281	31	largest	large	ADJ
cjal-3217	281	32	insurance	insurance	NOUN
cjal-3217	281	33	group	group	NOUN
cjal-3217	281	34	,	,	PUNCT
cjal-3217	281	35	formed	form	VERB
cjal-3217	281	36	a	a	DET
cjal-3217	281	37	joint	joint	ADJ
cjal-3217	281	38	venture	venture	NOUN
cjal-3217	281	39	upon	upon	SCONJ
cjal-3217	281	40	jiang	jiang	PROPN
cjal-3217	281	41	zemin	zemin	PROPN
cjal-3217	281	42	's	's	PART
cjal-3217	281	43	visit	visit	NOUN
cjal-3217	281	44	to	to	ADP
cjal-3217	281	45	the	the	DET
cjal-3217	281	46	uk	uk	PROPN
cjal-3217	281	47	.	.	PUNCT
cjal-3217	282	1	they	they	PRON
cjal-3217	282	2	joined	join	VERB
cjal-3217	282	3	with	with	ADP
cjal-3217	282	4	the	the	DET
cjal-3217	282	5	commonwealth	commonwealth	PROPN
cjal-3217	282	6	development	development	PROPN
cjal-3217	282	7	corporation	corporation	PROPN
cjal-3217	282	8	,	,	PUNCT
cjal-3217	282	9	an	an	DET
cjal-3217	282	10	entity	entity	NOUN
cjal-3217	282	11	partially	partially	ADV
cjal-3217	282	12	funded	fund	VERB
cjal-3217	282	13	by	by	ADP
cjal-3217	282	14	the	the	DET
cjal-3217	282	15	uk	uk	PROPN
cjal-3217	282	16	government	government	NOUN
cjal-3217	282	17	,	,	PUNCT
cjal-3217	282	18	to	to	PART
cjal-3217	282	19	invest	invest	VERB
cjal-3217	282	20	us$100	us$100	PROPN
cjal-3217	282	21	million	million	NUM
cjal-3217	282	22	in	in	ADP
cjal-3217	282	23	china	china	PROPN
cjal-3217	282	24	's	's	PART
cjal-3217	282	25	small	small	ADJ
cjal-3217	282	26	and	and	CCONJ
cjal-3217	282	27	mediumsized	mediumsized	ADJ
cjal-3217	282	28	enterprises	enterprise	NOUN
cjal-3217	282	29	.	.	PUNCT
cjal-3217	283	1	this	this	PRON
cjal-3217	283	2	was	be	AUX
cjal-3217	283	3	a	a	DET
cjal-3217	283	4	response	response	NOUN
cjal-3217	283	5	to	to	ADP
cjal-3217	283	6	swiss	swiss	ADJ
cjal-3217	283	7	life	life	NOUN
cjal-3217	283	8	insurance	insurance	NOUN
cjal-3217	283	9	and	and	CCONJ
cjal-3217	283	10	pension	pension	NOUN
cjal-3217	283	11	,	,	PUNCT
cjal-3217	283	12	switzerland	switzerland	PROPN
cjal-3217	283	13	's	's	PART
cjal-3217	283	14	largest	large	ADJ
cjal-3217	283	15	insurer	insurer	NOUN
cjal-3217	283	16	,	,	PUNCT
cjal-3217	283	17	launching	launch	VERB
cjal-3217	283	18	its	its	PRON
cjal-3217	283	19	us$66	us$66	NUM
cjal-3217	283	20	million	million	NUM
cjal-3217	283	21	swiss	swiss	ADJ
cjal-3217	283	22	life	life	NOUN
cjal-3217	283	23	private	private	ADJ
cjal-3217	283	24	equity	equity	PROPN
cjal-3217	283	25	china	china	PROPN
cjal-3217	283	26	fund	fund	PROPN
cjal-3217	283	27	just	just	ADV
cjal-3217	283	28	six	six	NUM
cjal-3217	283	29	months	month	NOUN
cjal-3217	283	30	earlier	early	ADV
cjal-3217	283	31	when	when	SCONJ
cjal-3217	283	32	jiang	jiang	PROPN
cjal-3217	283	33	visited	visit	VERB
cjal-3217	283	34	switzerland	switzerland	PROPN
cjal-3217	283	35	.	.	PUNCT
cjal-3217	284	1	95	95	NUM
cjal-3217	284	2	see	see	VERB
cjal-3217	284	3	curtis	curtis	PROPN
cjal-3217	284	4	milhaupt	milhaupt	PROPN
cjal-3217	284	5	,	,	PUNCT
cjal-3217	284	6	the	the	DET
cjal-3217	284	7	market	market	NOUN
cjal-3217	284	8	for	for	ADP
cjal-3217	284	9	innovation	innovation	NOUN
cjal-3217	284	10	in	in	ADP
cjal-3217	284	11	the	the	DET
cjal-3217	284	12	united	united	PROPN
cjal-3217	284	13	states	states	PROPN
cjal-3217	284	14	and	and	CCONJ
cjal-3217	284	15	japan	japan	PROPN
cjal-3217	284	16	:	:	PUNCT
cjal-3217	284	17	venture	venture	NOUN
cjal-3217	284	18	capital	capital	NOUN
cjal-3217	284	19	and	and	CCONJ
cjal-3217	284	20	the	the	DET
cjal-3217	284	21	comparative	comparative	ADJ
cjal-3217	284	22	corporate	corporate	ADJ
cjal-3217	284	23	governance	governance	NOUN
cjal-3217	284	24	debate	debate	NOUN
cjal-3217	284	25	,	,	PUNCT
cjal-3217	284	26	91	91	NUM
cjal-3217	284	27	nw	nw	NOUN
cjal-3217	284	28	.	.	PUNCT
cjal-3217	284	29	u.	u.	PROPN
cjal-3217	284	30	l.	l.	PROPN
cjal-3217	284	31	rev	rev	PROPN
cjal-3217	284	32	.	.	PROPN
cjal-3217	284	33	865	865	NUM
cjal-3217	284	34	,	,	PUNCT
cjal-3217	284	35	870	870	NUM
cjal-3217	284	36	(	(	PUNCT
cjal-3217	284	37	1997	1997	NUM
cjal-3217	284	38	)	)	PUNCT
cjal-3217	284	39	.	.	PUNCT
cjal-3217	285	1	milhaupt	milhaupt	ADJ
cjal-3217	285	2	lists	list	VERB
cjal-3217	285	3	five	five	NUM
cjal-3217	285	4	key	key	ADJ
cjal-3217	285	5	components	component	NOUN
cjal-3217	285	6	to	to	ADP
cjal-3217	285	7	a	a	DET
cjal-3217	285	8	successful	successful	ADJ
cjal-3217	285	9	venture	venture	NOUN
cjal-3217	285	10	capital	capital	NOUN
cjal-3217	285	11	environment	environment	NOUN
cjal-3217	285	12	.	.	PUNCT
cjal-3217	286	1	in	in	ADP
cjal-3217	286	2	addition	addition	NOUN
cjal-3217	286	3	to	to	ADP
cjal-3217	286	4	liquidity	liquidity	NOUN
cjal-3217	286	5	,	,	PUNCT
cjal-3217	286	6	incentives	incentive	NOUN
cjal-3217	286	7	,	,	PUNCT
cjal-3217	286	8	labor	labor	NOUN
cjal-3217	286	9	mobility	mobility	NOUN
cjal-3217	286	10	,	,	PUNCT
cjal-3217	286	11	and	and	CCONJ
cjal-3217	286	12	risk	risk	NOUN
cjal-3217	286	13	tolerance	tolerance	NOUN
cjal-3217	286	14	,	,	PUNCT
cjal-3217	286	15	he	he	PRON
cjal-3217	286	16	notes	note	VERB
cjal-3217	286	17	that	that	SCONJ
cjal-3217	286	18	venture	venture	NOUN
cjal-3217	286	19	capital	capital	NOUN
cjal-3217	286	20	funds	fund	NOUN
cjal-3217	286	21	must	must	AUX
cjal-3217	286	22	be	be	AUX
cjal-3217	286	23	detached	detach	VERB
cjal-3217	286	24	from	from	ADP
cjal-3217	286	25	special	special	ADJ
cjal-3217	286	26	interests	interest	NOUN
cjal-3217	286	27	of	of	ADP
cjal-3217	286	28	government	government	NOUN
cjal-3217	286	29	,	,	PUNCT
cjal-3217	286	30	banks	bank	NOUN
cjal-3217	286	31	,	,	PUNCT
cjal-3217	286	32	or	or	CCONJ
cjal-3217	286	33	institutional	institutional	ADJ
cjal-3217	286	34	investors	investor	NOUN
cjal-3217	286	35	to	to	PART
cjal-3217	286	36	ensure	ensure	VERB
cjal-3217	286	37	that	that	SCONJ
cjal-3217	286	38	venture	venture	NOUN
cjal-3217	286	39	capitalists	capitalist	NOUN
cjal-3217	286	40	can	can	AUX
cjal-3217	286	41	seek	seek	VERB
cjal-3217	286	42	out	out	ADP
cjal-3217	286	43	and	and	CCONJ
cjal-3217	286	44	nurture	nurture	VERB
cjal-3217	286	45	the	the	DET
cjal-3217	286	46	most	most	ADV
cjal-3217	286	47	promising	promising	ADJ
cjal-3217	286	48	,	,	PUNCT
cjal-3217	286	49	innovative	innovative	ADJ
cjal-3217	286	50	firms	firm	NOUN
cjal-3217	286	51	in	in	ADP
cjal-3217	286	52	-	-	PUNCT
cjal-3217	286	53	line	line	NOUN
cjal-3217	286	54	with	with	ADP
cjal-3217	286	55	their	their	PRON
cjal-3217	286	56	high	high	ADJ
cjal-3217	286	57	-	-	PUNCT
cjal-3217	286	58	risk	risk	NOUN
cjal-3217	286	59	,	,	PUNCT
cjal-3217	286	60	high	high	ADJ
cjal-3217	286	61	-	-	PUNCT
cjal-3217	286	62	return	return	NOUN
cjal-3217	286	63	approach	approach	NOUN
cjal-3217	286	64	.	.	PUNCT
cjal-3217	287	1	96	96	NUM
cjal-3217	287	2	see	see	VERB
cjal-3217	287	3	doebele	doebele	PROPN
cjal-3217	287	4	,	,	PUNCT
cjal-3217	287	5	supra	supra	PROPN
cjal-3217	287	6	note	note	VERB
cjal-3217	287	7	87	87	NUM
cjal-3217	287	8	.	.	PUNCT
cjal-3217	288	1	97	97	NUM
cjal-3217	288	2	see	see	VERB
cjal-3217	288	3	i	i	PRON
cjal-3217	288	4	d.	d.	PROPN
cjal-3217	288	5	the	the	DET
cjal-3217	288	6	foreign	foreign	ADJ
cjal-3217	288	7	industrial	industrial	ADJ
cjal-3217	288	8	guidance	guidance	NOUN
cjal-3217	288	9	catalogue	catalogue	NOUN
cjal-3217	288	10	(	(	PUNCT
cjal-3217	288	11	revised	revise	VERB
cjal-3217	288	12	)	)	PUNCT
cjal-3217	288	13	(	(	PUNCT
cjal-3217	288	14	jan	jan	PROPN
cjal-3217	288	15	.	.	PROPN
cjal-3217	288	16	1	1	NUM
cjal-3217	288	17	,	,	PUNCT
cjal-3217	288	18	1998	1998	NUM
cjal-3217	288	19	)	)	PUNCT
cjal-3217	288	20	lists	list	NOUN
cjal-3217	288	21	encouraged	encourage	VERB
cjal-3217	288	22	,	,	PUNCT
cjal-3217	288	23	permitted	permit	VERB
cjal-3217	288	24	,	,	PUNCT
cjal-3217	288	25	restricted	restrict	VERB
cjal-3217	288	26	,	,	PUNCT
cjal-3217	288	27	and	and	CCONJ
cjal-3217	288	28	prohibited	prohibit	VERB
cjal-3217	288	29	sectors	sector	NOUN
cjal-3217	288	30	of	of	ADP
cjal-3217	288	31	investment	investment	NOUN
cjal-3217	288	32	,	,	PUNCT
cjal-3217	288	33	but	but	CCONJ
cjal-3217	288	34	the	the	DET
cjal-3217	288	35	catalogue	catalogue	NOUN
cjal-3217	288	36	is	be	AUX
cjal-3217	288	37	vague	vague	ADJ
cjal-3217	288	38	and	and	CCONJ
cjal-3217	288	39	,	,	PUNCT
cjal-3217	288	40	in	in	ADP
cjal-3217	288	41	some	some	DET
cjal-3217	288	42	instances	instance	NOUN
cjal-3217	288	43	,	,	PUNCT
cjal-3217	288	44	inconsistent	inconsistent	ADJ
cjal-3217	288	45	.	.	PUNCT
cjal-3217	289	1	the	the	DET
cjal-3217	289	2	uncertainty	uncertainty	NOUN
cjal-3217	289	3	delays	delay	NOUN
cjal-3217	289	4	,	,	PUNCT
cjal-3217	289	5	even	even	ADV
cjal-3217	289	6	destroys	destroy	NOUN
cjal-3217	289	7	,	,	PUNCT
cjal-3217	289	8	funding	funding	NOUN
cjal-3217	289	9	opportunities	opportunity	NOUN
cjal-3217	289	10	where	where	SCONJ
cjal-3217	289	11	timing	timing	NOUN
cjal-3217	289	12	and	and	CCONJ
cjal-3217	289	13	efficiency	efficiency	NOUN
cjal-3217	289	14	are	be	AUX
cjal-3217	289	15	critical	critical	ADJ
cjal-3217	289	16	.	.	PUNCT
cjal-3217	290	1	2002	2002	NUM
cjal-3217	290	2	]	]	X
cjal-3217	290	3	col	col	PROPN
cjal-3217	290	4	umbia	umbia	PROPN
cjal-3217	290	5	journal	journal	PROPN
cjal-3217	290	6	of	of	ADP
cjal-3217	290	7	asian	asian	PROPN
cjal-3217	290	8	la	la	PROPN
cjal-3217	290	9	w	w	PROPN
cjal-3217	290	10	like	like	ADP
cjal-3217	290	11	convertible	convertible	ADJ
cjal-3217	290	12	notes	note	NOUN
cjal-3217	290	13	,	,	PUNCT
cjal-3217	290	14	they	they	PRON
cjal-3217	290	15	confront	confront	VERB
cjal-3217	290	16	significant	significant	ADJ
cjal-3217	290	17	foreign	foreign	ADJ
cjal-3217	290	18	lending	lending	NOUN
cjal-3217	290	19	restrictions.98	restrictions.98	NOUN
cjal-3217	290	20	lastly	lastly	ADV
cjal-3217	290	21	,	,	PUNCT
cjal-3217	290	22	from	from	ADP
cjal-3217	290	23	an	an	DET
cjal-3217	290	24	administrative	administrative	ADJ
cjal-3217	290	25	standpoint	standpoint	NOUN
cjal-3217	290	26	,	,	PUNCT
cjal-3217	290	27	the	the	DET
cjal-3217	290	28	procedural	procedural	ADJ
cjal-3217	290	29	requirements	requirement	NOUN
cjal-3217	290	30	to	to	PART
cjal-3217	290	31	structure	structure	VERB
cjal-3217	290	32	these	these	DET
cjal-3217	290	33	joint	joint	ADJ
cjal-3217	290	34	entities	entity	NOUN
cjal-3217	290	35	appear	appear	VERB
cjal-3217	290	36	unnecessarily	unnecessarily	ADV
cjal-3217	290	37	rigid	rigid	ADJ
cjal-3217	290	38	.	.	PUNCT
cjal-3217	291	1	most	most	ADJ
cjal-3217	291	2	venture	venture	NOUN
cjal-3217	291	3	capital	capital	NOUN
cjal-3217	291	4	investments	investment	NOUN
cjal-3217	291	5	are	be	AUX
cjal-3217	291	6	placed	place	VERB
cjal-3217	291	7	into	into	ADP
cjal-3217	291	8	pre	pre	ADJ
cjal-3217	291	9	-	-	VERB
cjal-3217	291	10	registered	registered	ADJ
cjal-3217	291	11	,	,	PUNCT
cjal-3217	291	12	expanding	expand	VERB
cjal-3217	291	13	companies	company	NOUN
cjal-3217	291	14	in	in	ADP
cjal-3217	291	15	china.99	china.99	PROPN
cjal-3217	291	16	nevertheless	nevertheless	ADV
cjal-3217	291	17	,	,	PUNCT
cjal-3217	291	18	there	there	PRON
cjal-3217	291	19	is	be	VERB
cjal-3217	291	20	a	a	DET
cjal-3217	291	21	required	require	VERB
cjal-3217	291	22	reregistering	reregistering	NOUN
cjal-3217	291	23	process	process	NOUN
cjal-3217	291	24	which	which	PRON
cjal-3217	291	25	means	mean	VERB
cjal-3217	291	26	that	that	SCONJ
cjal-3217	291	27	the	the	DET
cjal-3217	291	28	pre	pre	ADJ
cjal-3217	291	29	-	-	ADJ
cjal-3217	291	30	existing	exist	VERB
cjal-3217	291	31	business	business	NOUN
cjal-3217	291	32	and	and	CCONJ
cjal-3217	291	33	the	the	DET
cjal-3217	291	34	venture	venture	NOUN
cjal-3217	291	35	capitalist	capitalist	NOUN
cjal-3217	291	36	must	must	AUX
cjal-3217	291	37	bear	bear	VERB
cjal-3217	291	38	an	an	DET
cjal-3217	291	39	unnecessary	unnecessary	ADJ
cjal-3217	291	40	and	and	CCONJ
cjal-3217	291	41	time	time	NOUN
cjal-3217	291	42	-	-	PUNCT
cjal-3217	291	43	consuming	consume	VERB
cjal-3217	291	44	moftec	moftec	ADJ
cjal-3217	291	45	approval	approval	NOUN
cjal-3217	291	46	process	process	NOUN
cjal-3217	291	47	in	in	ADP
cjal-3217	291	48	conjunction	conjunction	NOUN
cjal-3217	291	49	with	with	ADP
cjal-3217	291	50	a	a	DET
cjal-3217	291	51	long	long	ADJ
cjal-3217	291	52	period	period	NOUN
cjal-3217	291	53	for	for	ADP
cjal-3217	291	54	feasibility	feasibility	NOUN
cjal-3217	291	55	studies	study	NOUN
cjal-3217	291	56	of	of	ADP
cjal-3217	291	57	what	what	PRON
cjal-3217	291	58	amounts	amount	VERB
cjal-3217	291	59	to	to	ADP
cjal-3217	291	60	a	a	DET
cjal-3217	291	61	repackaging	repackaging	NOUN
cjal-3217	291	62	of	of	ADP
cjal-3217	291	63	a	a	DET
cjal-3217	291	64	pre	pre	ADJ
cjal-3217	291	65	-	-	ADJ
cjal-3217	291	66	existing	exist	VERB
cjal-3217	291	67	,	,	PUNCT
cjal-3217	291	68	continuing	continue	VERB
cjal-3217	291	69	undertaking	undertaking	NOUN
cjal-3217	291	70	.	.	PUNCT
cjal-3217	292	1	'	'	NUM
cjal-3217	292	2	1	1	NUM
cjal-3217	292	3	it	it	PRON
cjal-3217	292	4	also	also	ADV
cjal-3217	292	5	means	mean	VERB
cjal-3217	292	6	inefficient	inefficient	ADJ
cjal-3217	292	7	and	and	CCONJ
cjal-3217	292	8	seemingly	seemingly	ADV
cjal-3217	292	9	unnecessary	unnecessary	ADJ
cjal-3217	292	10	asset	asset	NOUN
cjal-3217	292	11	reassignments	reassignment	NOUN
cjal-3217	292	12	of	of	ADP
cjal-3217	292	13	permits	permit	NOUN
cjal-3217	292	14	,	,	PUNCT
cjal-3217	292	15	licenses	license	NOUN
cjal-3217	292	16	,	,	PUNCT
cjal-3217	292	17	and	and	CCONJ
cjal-3217	292	18	contracts	contract	NOUN
cjal-3217	292	19	back	back	ADV
cjal-3217	292	20	into	into	ADP
cjal-3217	292	21	the	the	DET
cjal-3217	292	22	pre	pre	ADJ
cjal-3217	292	23	-	-	ADJ
cjal-3217	292	24	existing	existing	ADJ
cjal-3217	292	25	entity	entity	NOUN
cjal-3217	292	26	.	.	PUNCT
cjal-3217	293	1	'0	'0	X
cjal-3217	293	2	'	'	PART
cjal-3217	293	3	c.	c.	NOUN
cjal-3217	293	4	problems	problem	NOUN
cjal-3217	293	5	with	with	ADP
cjal-3217	293	6	exit	exit	NOUN
cjal-3217	293	7	:	:	PUNCT
cjal-3217	293	8	the	the	DET
cjal-3217	293	9	cashing	cash	VERB
cjal-3217	293	10	out	out	ADP
cjal-3217	293	11	issue	issue	NOUN
cjal-3217	293	12	even	even	ADV
cjal-3217	293	13	if	if	SCONJ
cjal-3217	293	14	the	the	DET
cjal-3217	293	15	entrepreneur	entrepreneur	NOUN
cjal-3217	293	16	and	and	CCONJ
cjal-3217	293	17	the	the	DET
cjal-3217	293	18	venture	venture	NOUN
cjal-3217	293	19	capitalist	capitalist	NOUN
cjal-3217	293	20	successfully	successfully	ADV
cjal-3217	293	21	pair	pair	VERB
cjal-3217	293	22	up	up	ADP
cjal-3217	293	23	in	in	ADP
cjal-3217	293	24	spite	spite	NOUN
cjal-3217	293	25	of	of	ADP
cjal-3217	293	26	these	these	DET
cjal-3217	293	27	challenges	challenge	NOUN
cjal-3217	293	28	,	,	PUNCT
cjal-3217	293	29	exits	exit	VERB
cjal-3217	293	30	'	'	PART
cjal-3217	293	31	2	2	NUM
cjal-3217	293	32	pose	pose	VERB
cjal-3217	293	33	yet	yet	ADV
cjal-3217	293	34	another	another	DET
cjal-3217	293	35	problem	problem	NOUN
cjal-3217	293	36	for	for	ADP
cjal-3217	293	37	venture	venture	NOUN
cjal-3217	293	38	capitalists	capitalist	NOUN
cjal-3217	293	39	in	in	ADP
cjal-3217	293	40	china	china	PROPN
cjal-3217	293	41	.	.	PUNCT
cjal-3217	294	1	103	103	NUM
cjal-3217	294	2	strict	strict	ADJ
cjal-3217	294	3	listing	listing	NOUN
cjal-3217	294	4	requirements	requirement	NOUN
cjal-3217	294	5	make	make	VERB
cjal-3217	294	6	it	it	PRON
cjal-3217	294	7	impossible	impossible	ADJ
cjal-3217	294	8	for	for	SCONJ
cjal-3217	294	9	not	not	PART
cjal-3217	294	10	-	-	PUNCT
cjal-3217	294	11	yet	yet	ADV
cjal-3217	294	12	-	-	PUNCT
cjal-3217	294	13	profitable	profitable	ADJ
cjal-3217	294	14	businesses	business	NOUN
cjal-3217	294	15	to	to	PART
cjal-3217	294	16	issue	issue	VERB
cjal-3217	294	17	on	on	ADP
cjal-3217	294	18	the	the	DET
cjal-3217	294	19	domestic	domestic	ADJ
cjal-3217	294	20	markets	market	NOUN
cjal-3217	294	21	of	of	ADP
cjal-3217	294	22	shanghai	shanghai	PROPN
cjal-3217	294	23	or	or	CCONJ
cjal-3217	294	24	shenzhen	shenzhen	PROPN
cjal-3217	294	25	and	and	CCONJ
cjal-3217	294	26	listing	list	VERB
cjal-3217	294	27	approval	approval	NOUN
cjal-3217	294	28	tends	tend	VERB
cjal-3217	294	29	to	to	PART
cjal-3217	294	30	require	require	VERB
cjal-3217	294	31	political	political	ADJ
cjal-3217	294	32	favor	favor	NOUN
cjal-3217	294	33	few	few	ADJ
cjal-3217	294	34	private	private	ADJ
cjal-3217	294	35	companies	company	NOUN
cjal-3217	294	36	can	can	AUX
cjal-3217	294	37	garner	garner	VERB
cjal-3217	294	38	.	.	PUNCT
cjal-3217	295	1	10	10	NUM
cjal-3217	296	1	"	"	PUNCT
cjal-3217	296	2	[	[	AUX
cjal-3217	296	3	a]lmost	a]lmost	ADV
cjal-3217	296	4	all	all	PRON
cjal-3217	296	5	...	...	PUNCT
cjal-3217	296	6	98	98	NUM
cjal-3217	296	7	see	see	VERB
cjal-3217	296	8	lo	lo	PROPN
cjal-3217	296	9	,	,	PUNCT
cjal-3217	296	10	supra	supra	PROPN
cjal-3217	296	11	note	note	PROPN
cjal-3217	296	12	85	85	NUM
cjal-3217	296	13	.	.	PUNCT
cjal-3217	297	1	article	article	NOUN
cjal-3217	297	2	7	7	NUM
cjal-3217	297	3	of	of	ADP
cjal-3217	297	4	the	the	DET
cjal-3217	297	5	administration	administration	NOUN
cjal-3217	297	6	of	of	ADP
cjal-3217	297	7	taking	take	VERB
cjal-3217	297	8	out	out	ADP
cjal-3217	297	9	of	of	ADP
cjal-3217	297	10	international	international	ADJ
cjal-3217	297	11	commercial	commercial	ADJ
cjal-3217	297	12	loans	loan	NOUN
cjal-3217	297	13	by	by	ADP
cjal-3217	297	14	organizations	organization	NOUN
cjal-3217	297	15	in	in	ADP
cjal-3217	297	16	china	china	PROPN
cjal-3217	297	17	procedures	procedure	NOUN
cjal-3217	297	18	(	(	PUNCT
cjal-3217	297	19	jan	jan	PROPN
cjal-3217	297	20	.	.	PROPN
cjal-3217	297	21	1	1	NUM
cjal-3217	297	22	,	,	PUNCT
cjal-3217	297	23	1998	1998	NUM
cjal-3217	297	24	)	)	PUNCT
cjal-3217	297	25	,	,	PUNCT
cjal-3217	297	26	promulgated	promulgate	VERB
cjal-3217	297	27	by	by	ADP
cjal-3217	297	28	the	the	DET
cjal-3217	297	29	state	state	PROPN
cjal-3217	297	30	administration	administration	NOUN
cjal-3217	297	31	of	of	ADP
cjal-3217	297	32	foreign	foreign	ADJ
cjal-3217	297	33	exchange	exchange	NOUN
cjal-3217	297	34	,	,	PUNCT
cjal-3217	297	35	states	state	VERB
cjal-3217	297	36	that	that	SCONJ
cjal-3217	297	37	the	the	DET
cjal-3217	297	38	investee	investee	NOUN
cjal-3217	297	39	must	must	AUX
cjal-3217	297	40	be	be	AUX
cjal-3217	297	41	an	an	DET
cjal-3217	297	42	approved	approve	VERB
cjal-3217	297	43	foreign	foreign	ADJ
cjal-3217	297	44	trade	trade	NOUN
cjal-3217	297	45	operator	operator	NOUN
cjal-3217	297	46	engaging	engage	VERB
cjal-3217	297	47	in	in	ADP
cjal-3217	297	48	an	an	DET
cjal-3217	297	49	encouraged	encouraged	ADJ
cjal-3217	297	50	business	business	NOUN
cjal-3217	297	51	line	line	NOUN
cjal-3217	297	52	with	with	ADP
cjal-3217	297	53	three	three	NUM
cjal-3217	297	54	previous	previous	ADJ
cjal-3217	297	55	consecutive	consecutive	ADJ
cjal-3217	297	56	years	year	NOUN
cjal-3217	297	57	of	of	ADP
cjal-3217	297	58	profits	profit	NOUN
cjal-3217	297	59	.	.	PUNCT
cjal-3217	298	1	see	see	VERB
cjal-3217	298	2	the	the	DET
cjal-3217	298	3	2000	2000	NUM
cjal-3217	298	4	guide	guide	NOUN
cjal-3217	298	5	to	to	PART
cjal-3217	298	6	venture	venture	VERB
cjal-3217	298	7	capital	capital	NOUN
cjal-3217	298	8	in	in	ADP
cjal-3217	298	9	asia	asia	PROPN
cjal-3217	298	10	,	,	PUNCT
cjal-3217	298	11	supra	supra	PROPN
cjal-3217	298	12	note	note	NOUN
cjal-3217	298	13	7,at	7,at	NOUN
cjal-3217	298	14	44	44	NUM
cjal-3217	298	15	.	.	PUNCT
cjal-3217	299	1	forty	forty	NUM
cjal-3217	299	2	-	-	PUNCT
cjal-3217	299	3	one	one	NUM
cjal-3217	299	4	percent	percent	NOUN
cjal-3217	299	5	of	of	ADP
cjal-3217	299	6	investments	investment	NOUN
cjal-3217	299	7	went	go	VERB
cjal-3217	299	8	into	into	ADP
cjal-3217	299	9	expansion	expansion	NOUN
cjal-3217	299	10	financing	financing	NOUN
cjal-3217	299	11	.	.	PUNCT
cjal-3217	300	1	100	100	NUM
cjal-3217	300	2	see	see	VERB
cjal-3217	300	3	lo	lo	PROPN
cjal-3217	300	4	,	,	PUNCT
cjal-3217	300	5	supra	supra	PROPN
cjal-3217	300	6	note	note	PROPN
cjal-3217	300	7	85	85	NUM
cjal-3217	300	8	.	.	PUNCT
cjal-3217	300	9	10	10	NUM
cjal-3217	300	10	see	see	VERB
cjal-3217	300	11	i	i	PRON
cjal-3217	300	12	d.	d.	PROPN
cjal-3217	300	13	102	102	NUM
cjal-3217	300	14	see	see	VERB
cjal-3217	300	15	milhaupt	milhaupt	NOUN
cjal-3217	300	16	,	,	PUNCT
cjal-3217	300	17	supra	supra	PROPN
cjal-3217	300	18	note	note	NOUN
cjal-3217	300	19	95	95	NUM
cjal-3217	300	20	.	.	PUNCT
cjal-3217	301	1	as	as	ADP
cjal-3217	301	2	one	one	NUM
cjal-3217	301	3	of	of	ADP
cjal-3217	301	4	his	his	PRON
cjal-3217	301	5	five	five	NUM
cjal-3217	301	6	elements	element	NOUN
cjal-3217	301	7	,	,	PUNCT
cjal-3217	301	8	milhaupt	milhaupt	NOUN
cjal-3217	301	9	notes	note	NOUN
cjal-3217	301	10	that	that	SCONJ
cjal-3217	301	11	liquidity	liquidity	NOUN
cjal-3217	301	12	,	,	PUNCT
cjal-3217	301	13	otherwise	otherwise	ADV
cjal-3217	301	14	known	know	VERB
cjal-3217	301	15	as	as	ADP
cjal-3217	301	16	exit	exit	NOUN
cjal-3217	301	17	,	,	PUNCT
cjal-3217	301	18	is	be	AUX
cjal-3217	301	19	crucial	crucial	ADJ
cjal-3217	301	20	to	to	ADP
cjal-3217	301	21	the	the	DET
cjal-3217	301	22	operation	operation	NOUN
cjal-3217	301	23	of	of	ADP
cjal-3217	301	24	the	the	DET
cjal-3217	301	25	venture	venture	NOUN
cjal-3217	301	26	capital	capital	NOUN
cjal-3217	301	27	market	market	NOUN
cjal-3217	301	28	.	.	PUNCT
cjal-3217	302	1	exit	exit	NOUN
cjal-3217	302	2	options	option	NOUN
cjal-3217	302	3	consist	consist	VERB
cjal-3217	302	4	of	of	ADP
cjal-3217	302	5	the	the	DET
cjal-3217	302	6	venture	venture	NOUN
cjal-3217	302	7	capitalist	capitalist	NOUN
cjal-3217	302	8	cashing	cash	VERB
cjal-3217	302	9	out	out	ADP
cjal-3217	302	10	through	through	ADP
cjal-3217	302	11	an	an	DET
cjal-3217	302	12	ipo	ipo	NOUN
cjal-3217	302	13	,	,	PUNCT
cjal-3217	302	14	the	the	DET
cjal-3217	302	15	companies	company	NOUN
cjal-3217	302	16	'	'	PART
cjal-3217	302	17	repurchasing	repurchasing	NOUN
cjal-3217	302	18	of	of	ADP
cjal-3217	302	19	shares	share	NOUN
cjal-3217	302	20	,	,	PUNCT
cjal-3217	302	21	or	or	CCONJ
cjal-3217	302	22	transferring	transfer	VERB
cjal-3217	302	23	its	its	PRON
cjal-3217	302	24	shares	share	NOUN
cjal-3217	302	25	to	to	ADP
cjal-3217	302	26	a	a	DET
cjal-3217	302	27	third	third	ADJ
cjal-3217	302	28	party	party	NOUN
cjal-3217	302	29	.	.	PUNCT
cjal-3217	303	1	these	these	PRON
cjal-3217	303	2	exits	exit	VERB
cjal-3217	303	3	rely	rely	VERB
cjal-3217	303	4	on	on	ADP
cjal-3217	303	5	a	a	DET
cjal-3217	303	6	liquid	liquid	ADJ
cjal-3217	303	7	stock	stock	NOUN
cjal-3217	303	8	market	market	NOUN
cjal-3217	303	9	,	,	PUNCT
cjal-3217	303	10	reasonable	reasonable	ADJ
cjal-3217	303	11	listing	listing	NOUN
cjal-3217	303	12	requirements	requirement	NOUN
cjal-3217	303	13	,	,	PUNCT
cjal-3217	303	14	liberalized	liberalize	VERB
cjal-3217	303	15	foreign	foreign	ADJ
cjal-3217	303	16	ownership	ownership	NOUN
cjal-3217	303	17	,	,	PUNCT
cjal-3217	303	18	and	and	CCONJ
cjal-3217	303	19	a	a	DET
cjal-3217	303	20	developed	develop	VERB
cjal-3217	303	21	mergers	merger	NOUN
cjal-3217	303	22	and	and	CCONJ
cjal-3217	303	23	acquisitions	acquisition	NOUN
cjal-3217	303	24	market	market	NOUN
cjal-3217	303	25	.	.	PUNCT
cjal-3217	304	1	for	for	ADP
cjal-3217	304	2	other	other	ADJ
cjal-3217	304	3	considerations	consideration	NOUN
cjal-3217	304	4	on	on	ADP
cjal-3217	304	5	exits	exit	NOUN
cjal-3217	304	6	see	see	VERB
cjal-3217	304	7	nicholas	nicholas	PROPN
cjal-3217	304	8	jelf	jelf	PRON
cjal-3217	304	9	and	and	CCONJ
cjal-3217	304	10	ruth	ruth	PROPN
cjal-3217	304	11	markland	markland	NOUN
cjal-3217	304	12	,	,	PUNCT
cjal-3217	304	13	exit	exit	NOUN
cjal-3217	304	14	issues	issue	NOUN
cjal-3217	304	15	securing	secure	VERB
cjal-3217	304	16	an	an	DET
cjal-3217	304	17	exit	exit	NOUN
cjal-3217	304	18	,	,	PUNCT
cjal-3217	304	19	in	in	ADP
cjal-3217	304	20	the	the	DET
cjal-3217	304	21	barclays	barclay	NOUN
cjal-3217	304	22	capital	capital	NOUN
cjal-3217	304	23	guide	guide	NOUN
cjal-3217	304	24	to	to	ADP
cjal-3217	304	25	private	private	ADJ
cjal-3217	304	26	equity	equity	NOUN
cjal-3217	304	27	in	in	ADP
cjal-3217	304	28	asia	asia	PROPN
cjal-3217	304	29	61	61	NUM
cjal-3217	304	30	(	(	PUNCT
cjal-3217	304	31	asian	asian	ADJ
cjal-3217	304	32	law	law	NOUN
cjal-3217	304	33	and	and	CCONJ
cjal-3217	304	34	practice	practice	NOUN
cjal-3217	304	35	,	,	PUNCT
cjal-3217	304	36	1998	1998	NUM
cjal-3217	304	37	)	)	PUNCT
cjal-3217	304	38	.	.	PUNCT
cjal-3217	305	1	103	103	NUM
cjal-3217	305	2	see	see	VERB
cjal-3217	305	3	one	one	NUM
cjal-3217	305	4	country	country	NOUN
cjal-3217	305	5	,	,	PUNCT
cjal-3217	305	6	two	two	NUM
cjal-3217	305	7	investment	investment	NOUN
cjal-3217	305	8	environments	environment	NOUN
cjal-3217	305	9	,	,	PUNCT
cjal-3217	305	10	asian	asian	ADJ
cjal-3217	305	11	venture	venture	NOUN
cjal-3217	305	12	capital	capital	NOUN
cjal-3217	305	13	journal	journal	PROPN
cjal-3217	305	14	,	,	PUNCT
cjal-3217	305	15	dec	dec	PROPN
cjal-3217	305	16	.	.	PROPN
cjal-3217	305	17	1999	1999	NUM
cjal-3217	305	18	,	,	PUNCT
cjal-3217	305	19	at	at	ADP
cjal-3217	305	20	10	10	NUM
cjal-3217	305	21	.	.	PUNCT
cjal-3217	306	1	104	104	NUM
cjal-3217	306	2	see	see	VERB
cjal-3217	306	3	craig	craig	PROPN
cjal-3217	306	4	smith	smith	PROPN
cjal-3217	306	5	,	,	PUNCT
cjal-3217	306	6	a	a	DET
cjal-3217	306	7	dot	dot	NOUN
cjal-3217	306	8	-	-	PUNCT
cjal-3217	306	9	com	com	NOUN
cjal-3217	306	10	revolution	revolution	NOUN
cjal-3217	306	11	in	in	ADP
cjal-3217	306	12	china	china	PROPN
cjal-3217	306	13	:	:	PUNCT
cjal-3217	306	14	venture	venture	NOUN
cjal-3217	306	15	capital	capital	NOUN
cjal-3217	306	16	backs	back	VERB
cjal-3217	306	17	talented	talente	VERB
cjal-3217	306	18	young	young	ADJ
cjal-3217	306	19	entrepreneurs	entrepreneur	NOUN
cjal-3217	306	20	,	,	PUNCT
cjal-3217	306	21	n.y	n.y	PROPN
cjal-3217	306	22	.	.	PROPN
cjal-3217	306	23	times	times	PROPN
cjal-3217	306	24	,	,	PUNCT
cjal-3217	306	25	july	july	PROPN
cjal-3217	306	26	15	15	NUM
cjal-3217	306	27	,	,	PUNCT
cjal-3217	306	28	2000	2000	NUM
cjal-3217	306	29	,	,	PUNCT
cjal-3217	306	30	at	at	ADP
cjal-3217	306	31	1	1	NUM
cjal-3217	306	32	.	.	PUNCT
cjal-3217	306	33	article	article	NOUN
cjal-3217	306	34	152	152	NUM
cjal-3217	306	35	of	of	ADP
cjal-3217	306	36	the	the	DET
cjal-3217	306	37	company	company	NOUN
cjal-3217	306	38	law	law	NOUN
cjal-3217	306	39	requires	require	VERB
cjal-3217	306	40	that	that	SCONJ
cjal-3217	306	41	a	a	DET
cjal-3217	306	42	company	company	NOUN
cjal-3217	306	43	issuing	issue	VERB
cjal-3217	306	44	public	public	ADJ
cjal-3217	306	45	shares	share	NOUN
cjal-3217	306	46	must	must	AUX
cjal-3217	306	47	have	have	VERB
cjal-3217	306	48	china	china	PROPN
cjal-3217	306	49	securities	securities	PROPN
cjal-3217	306	50	regulatory	regulatory	PROPN
cjal-3217	306	51	commission	commission	PROPN
cjal-3217	306	52	approval	approval	NOUN
cjal-3217	306	53	,	,	PUNCT
cjal-3217	306	54	rmb	rmb	VERB
cjal-3217	306	55	50,000,000	50,000,000	NUM
cjal-3217	306	56	in	in	ADP
cjal-3217	306	57	share	share	NOUN
cjal-3217	306	58	capital	capital	NOUN
cjal-3217	306	59	,	,	PUNCT
cjal-3217	306	60	and	and	CCONJ
cjal-3217	306	61	three	three	NUM
cjal-3217	306	62	years	year	NOUN
cjal-3217	306	63	of	of	ADP
cjal-3217	306	64	profitability	profitability	NOUN
cjal-3217	306	65	with	with	ADP
cjal-3217	306	66	a	a	DET
cjal-3217	306	67	minimum	minimum	ADJ
cjal-3217	306	68	1,000	1,000	NUM
cjal-3217	306	69	shareholders	shareholder	NOUN
cjal-3217	306	70	receiving	receive	VERB
cjal-3217	306	71	25	25	NUM
cjal-3217	306	72	%	%	NOUN
cjal-3217	306	73	of	of	ADP
cjal-3217	306	74	the	the	DET
cjal-3217	306	75	total	total	ADJ
cjal-3217	306	76	amount	amount	NOUN
cjal-3217	306	77	of	of	ADP
cjal-3217	306	78	the	the	DET
cjal-3217	306	79	company	company	NOUN
cjal-3217	306	80	shares	share	NOUN
cjal-3217	306	81	.	.	PUNCT
cjal-3217	307	1	[	[	X
cjal-3217	307	2	16:1	16:1	NUM
cjal-3217	307	3	venture	venture	NOUN
cjal-3217	307	4	capital	capital	NOUN
cjal-3217	307	5	in	in	ADP
cjal-3217	307	6	china	china	PROPN
cjal-3217	307	7	listed	list	VERB
cjal-3217	307	8	companies	company	NOUN
cjal-3217	307	9	[	[	X
cjal-3217	307	10	in	in	ADP
cjal-3217	307	11	china	china	PROPN
cjal-3217	307	12	]	]	PUNCT
cjal-3217	307	13	are	be	AUX
cjal-3217	307	14	transformed	transform	VERB
cjal-3217	307	15	...	...	PUNCT
cjal-3217	307	16	soe	soe	PROPN
cjal-3217	307	17	's	's	PART
cjal-3217	307	18	.	.	PUNCT
cjal-3217	307	19	"	"	PUNCT
cjal-3217	307	20	''	''	PUNCT
cjal-3217	307	21	5	5	NUM
cjal-3217	307	22	even	even	ADV
cjal-3217	307	23	if	if	SCONJ
cjal-3217	307	24	the	the	DET
cjal-3217	307	25	china	china	PROPN
cjal-3217	307	26	securities	securities	PROPN
cjal-3217	307	27	regulatory	regulatory	PROPN
cjal-3217	307	28	commission	commission	PROPN
cjal-3217	307	29	(	(	PUNCT
cjal-3217	307	30	csrc	csrc	PROPN
cjal-3217	307	31	)	)	PUNCT
cjal-3217	307	32	decides	decide	VERB
cjal-3217	307	33	to	to	PART
cjal-3217	307	34	list	list	VERB
cjal-3217	307	35	a	a	DET
cjal-3217	307	36	new	new	ADJ
cjal-3217	307	37	firm	firm	NOUN
cjal-3217	307	38	,	,	PUNCT
cjal-3217	307	39	practice	practice	NOUN
cjal-3217	307	40	dictates	dictate	VERB
cjal-3217	307	41	that	that	SCONJ
cjal-3217	307	42	legal	legal	ADJ
cjal-3217	307	43	person	person	NOUN
cjal-3217	307	44	shares	share	NOUN
cjal-3217	307	45	,	,	PUNCT
cjal-3217	307	46	those	those	PRON
cjal-3217	307	47	typically	typically	ADV
cjal-3217	307	48	held	hold	VERB
cjal-3217	307	49	by	by	ADP
cjal-3217	307	50	venture	venture	NOUN
cjal-3217	307	51	capitalists	capitalist	NOUN
cjal-3217	307	52	,	,	PUNCT
cjal-3217	307	53	can	can	AUX
cjal-3217	307	54	not	not	PART
cjal-3217	307	55	be	be	AUX
cjal-3217	307	56	traded	trade	VERB
cjal-3217	307	57	on	on	ADP
cjal-3217	307	58	the	the	DET
cjal-3217	307	59	stock	stock	NOUN
cjal-3217	307	60	exchange	exchange	NOUN
cjal-3217	307	61	or	or	CCONJ
cjal-3217	307	62	over	over	ADP
cjal-3217	307	63	-	-	PUNCT
cjal-3217	307	64	thecounter	thecounter	NOUN
cjal-3217	307	65	.	.	PUNCT
cjal-3217	308	1	°	°	ADP
cjal-3217	308	2	6	6	NUM
cjal-3217	308	3	most	most	ADV
cjal-3217	308	4	recently	recently	ADV
cjal-3217	308	5	,	,	PUNCT
cjal-3217	308	6	the	the	DET
cjal-3217	308	7	chinese	chinese	ADJ
cjal-3217	308	8	government	government	NOUN
cjal-3217	308	9	also	also	ADV
cjal-3217	308	10	decided	decide	VERB
cjal-3217	308	11	to	to	PART
cjal-3217	308	12	delay	delay	VERB
cjal-3217	308	13	the	the	DET
cjal-3217	308	14	launching	launching	NOUN
cjal-3217	308	15	of	of	ADP
cjal-3217	308	16	a	a	DET
cjal-3217	308	17	third	third	ADJ
cjal-3217	308	18	bourse	bourse	NOUN
cjal-3217	308	19	modeled	model	VERB
cjal-3217	308	20	on	on	ADP
cjal-3217	308	21	the	the	DET
cjal-3217	308	22	nasdaq	nasdaq	NOUN
cjal-3217	308	23	,	,	PUNCT
cjal-3217	308	24	a	a	DET
cjal-3217	308	25	setback	setback	NOUN
cjal-3217	308	26	for	for	ADP
cjal-3217	308	27	most	most	ADJ
cjal-3217	308	28	venture	venture	NOUN
cjal-3217	308	29	capitalists	capitalist	NOUN
cjal-3217	308	30	.	.	PUNCT
cjal-3217	309	1	107	107	NUM
cjal-3217	309	2	in	in	ADP
cjal-3217	309	3	addition	addition	NOUN
cjal-3217	309	4	,	,	PUNCT
cjal-3217	309	5	the	the	DET
cjal-3217	309	6	csrc	csrc	NOUN
cjal-3217	309	7	adheres	adhere	VERB
cjal-3217	309	8	to	to	ADP
cjal-3217	309	9	a	a	DET
cjal-3217	309	10	strict	strict	ADJ
cjal-3217	309	11	securities	security	NOUN
cjal-3217	309	12	quota	quota	NOUN
cjal-3217	309	13	allocation	allocation	NOUN
cjal-3217	309	14	system	system	NOUN
cjal-3217	309	15	and	and	CCONJ
cjal-3217	309	16	limits	limit	VERB
cjal-3217	309	17	businesses	business	NOUN
cjal-3217	309	18	from	from	ADP
cjal-3217	309	19	listing	list	VERB
cjal-3217	309	20	overseas	overseas	ADV
cjal-3217	309	21	,	,	PUNCT
cjal-3217	309	22	noting	note	VERB
cjal-3217	309	23	concerns	concern	NOUN
cjal-3217	309	24	over	over	ADP
cjal-3217	309	25	foreign	foreign	ADJ
cjal-3217	309	26	control	control	NOUN
cjal-3217	309	27	of	of	ADP
cjal-3217	309	28	sensitive	sensitive	ADJ
cjal-3217	309	29	industrial	industrial	ADJ
cjal-3217	309	30	sectors	sector	NOUN
cjal-3217	309	31	.	.	PUNCT
cjal-3217	309	32	'	'	PUNCT
cjal-3217	310	1	furthermore	furthermore	ADV
cjal-3217	310	2	,	,	PUNCT
cjal-3217	310	3	china	china	PROPN
cjal-3217	310	4	's	's	PART
cjal-3217	310	5	mergers	merger	NOUN
cjal-3217	310	6	and	and	CCONJ
cjal-3217	310	7	acquisitions	acquisition	NOUN
cjal-3217	310	8	market	market	NOUN
cjal-3217	310	9	is	be	AUX
cjal-3217	310	10	considerably	considerably	ADV
cjal-3217	310	11	underdeveloped	underdeveloped	ADJ
cjal-3217	310	12	,	,	PUNCT
cjal-3217	310	13	effectively	effectively	ADV
cjal-3217	310	14	closing	close	VERB
cjal-3217	310	15	off	off	ADP
cjal-3217	310	16	the	the	DET
cjal-3217	310	17	exit	exit	NOUN
cjal-3217	310	18	potential	potential	NOUN
cjal-3217	310	19	of	of	ADP
cjal-3217	310	20	selling	sell	VERB
cjal-3217	310	21	shares	share	NOUN
cjal-3217	310	22	to	to	ADP
cjal-3217	310	23	third	third	ADJ
cjal-3217	310	24	parties	party	NOUN
cjal-3217	310	25	.	.	PUNCT
cjal-3217	311	1	"0	"0	VERB
cjal-3217	311	2	iv	iv	NUM
cjal-3217	311	3	.	.	PUNCT
cjal-3217	312	1	the	the	DET
cjal-3217	312	2	developing	develop	VERB
cjal-3217	312	3	regulatory	regulatory	ADJ
cjal-3217	312	4	framework	framework	NOUN
cjal-3217	312	5	a.	a.	NOUN
cjal-3217	312	6	four	four	NUM
cjal-3217	312	7	documents	document	NOUN
cjal-3217	312	8	and	and	CCONJ
cjal-3217	312	9	national	national	ADJ
cjal-3217	312	10	legislation	legislation	NOUN
cjal-3217	312	11	china	china	PROPN
cjal-3217	312	12	's	's	PART
cjal-3217	312	13	national	national	PROPN
cjal-3217	312	14	people	people	NOUN
cjal-3217	312	15	's	's	PART
cjal-3217	312	16	congress	congress	PROPN
cjal-3217	312	17	(	(	PUNCT
cjal-3217	312	18	npc	npc	PROPN
cjal-3217	312	19	)	)	PUNCT
cjal-3217	312	20	recognizes	recognize	VERB
cjal-3217	312	21	that	that	SCONJ
cjal-3217	312	22	venture	venture	NOUN
cjal-3217	312	23	capitalists	capitalist	NOUN
cjal-3217	312	24	in	in	ADP
cjal-3217	312	25	china	china	PROPN
cjal-3217	312	26	face	face	VERB
cjal-3217	312	27	significant	significant	ADJ
cjal-3217	312	28	entry	entry	NOUN
cjal-3217	312	29	and	and	CCONJ
cjal-3217	312	30	exit	exit	NOUN
cjal-3217	312	31	problems	problem	NOUN
cjal-3217	312	32	and	and	CCONJ
cjal-3217	312	33	recently	recently	ADV
cjal-3217	312	34	declared	declare	VERB
cjal-3217	312	35	that	that	SCONJ
cjal-3217	312	36	legislative	legislative	ADJ
cjal-3217	312	37	efforts	effort	NOUN
cjal-3217	312	38	to	to	PART
cjal-3217	312	39	address	address	VERB
cjal-3217	312	40	these	these	DET
cjal-3217	312	41	concerns	concern	NOUN
cjal-3217	312	42	are	be	AUX
cjal-3217	312	43	underway	underway	ADJ
cjal-3217	312	44	.	.	PUNCT
cjal-3217	313	1	110	110	NUM
cjal-3217	313	2	in	in	ADP
cjal-3217	313	3	the	the	DET
cjal-3217	313	4	meantime	meantime	NOUN
cjal-3217	313	5	,	,	PUNCT
cjal-3217	313	6	private	private	ADJ
cjal-3217	313	7	funds	fund	NOUN
cjal-3217	313	8	rely	rely	VERB
cjal-3217	313	9	on	on	ADP
cjal-3217	313	10	four	four	NUM
cjal-3217	313	11	vague	vague	ADJ
cjal-3217	313	12	documents	document	NOUN
cjal-3217	313	13	:	:	PUNCT
cjal-3217	313	14	the	the	DET
cjal-3217	313	15	npc	npc	NOUN
cjal-3217	313	16	's	's	PART
cjal-3217	313	17	1985	1985	NUM
cjal-3217	313	18	decision	decision	NOUN
cjal-3217	313	19	to	to	PART
cjal-3217	313	20	reform	reform	VERB
cjal-3217	313	21	the	the	DET
cjal-3217	313	22	chinese	chinese	ADJ
cjal-3217	313	23	science	science	NOUN
cjal-3217	313	24	and	and	CCONJ
cjal-3217	313	25	technical	technical	ADJ
cjal-3217	313	26	system	system	NOUN
cjal-3217	313	27	,	,	PUNCT
cjal-3217	313	28	the	the	DET
cjal-3217	313	29	chinese	chinese	ADJ
cjal-3217	313	30	communist	communist	PROPN
cjal-3217	313	31	party	party	PROPN
cjal-3217	313	32	central	central	PROPN
cjal-3217	313	33	committee	committee	PROPN
cjal-3217	313	34	and	and	CCONJ
cjal-3217	313	35	the	the	DET
cjal-3217	313	36	state	state	PROPN
cjal-3217	313	37	council	council	PROPN
cjal-3217	313	38	's	's	PART
cjal-3217	313	39	1999	1999	NUM
cjal-3217	313	40	decisions	decision	NOUN
cjal-3217	313	41	concerning	concern	VERB
cjal-3217	313	42	technology	technology	NOUN
cjal-3217	313	43	innovations	innovation	NOUN
cjal-3217	313	44	,	,	PUNCT
cjal-3217	313	45	development	development	NOUN
cjal-3217	313	46	of	of	ADP
cjal-3217	313	47	high	high	ADJ
cjal-3217	313	48	-	-	PUNCT
cjal-3217	313	49	technology	technology	NOUN
cjal-3217	313	50	and	and	CCONJ
cjal-3217	313	51	realization	realization	NOUN
cjal-3217	313	52	of	of	ADP
cjal-3217	313	53	industrialisation,"1	industrialisation,"1	ADJ
cjal-3217	313	54	105	105	NUM
cjal-3217	313	55	see	see	VERB
cjal-3217	313	56	peggy	peggy	PROPN
cjal-3217	313	57	fu	fu	PROPN
cjal-3217	313	58	,	,	PUNCT
cjal-3217	313	59	supra	supra	PROPN
cjal-3217	313	60	note	note	PROPN
cjal-3217	313	61	88	88	NUM
cjal-3217	313	62	,	,	PUNCT
cjal-3217	313	63	at	at	ADP
cjal-3217	313	64	23	23	NUM
cjal-3217	313	65	(	(	PUNCT
cjal-3217	313	66	citing	cite	VERB
cjal-3217	313	67	xian	xian	PROPN
cjal-3217	313	68	chu	chu	PROPN
cjal-3217	313	69	zhang	zhang	PROPN
cjal-3217	313	70	,	,	PUNCT
cjal-3217	313	71	the	the	DET
cjal-3217	313	72	old	old	ADJ
cjal-3217	313	73	problems	problem	NOUN
cjal-3217	313	74	,	,	PUNCT
cjal-3217	313	75	the	the	DET
cjal-3217	313	76	new	new	ADJ
cjal-3217	313	77	law	law	NOUN
cjal-3217	313	78	,	,	PUNCT
cjal-3217	313	79	and	and	CCONJ
cjal-3217	313	80	the	the	DET
cjal-3217	313	81	developing	develop	VERB
cjal-3217	313	82	market	market	NOUN
cjal-3217	313	83	a	a	DET
cjal-3217	313	84	preliminary	preliminary	ADJ
cjal-3217	313	85	examination	examination	NOUN
cjal-3217	313	86	of	of	ADP
cjal-3217	313	87	the	the	DET
cjal-3217	313	88	first	first	ADJ
cjal-3217	313	89	securities	security	NOUN
cjal-3217	313	90	law	law	NOUN
cjal-3217	313	91	of	of	ADP
cjal-3217	313	92	the	the	DET
cjal-3217	313	93	people	people	NOUN
cjal-3217	313	94	's	's	PART
cjal-3217	313	95	republic	republic	NOUN
cjal-3217	313	96	of	of	ADP
cjal-3217	313	97	china	china	PROPN
cjal-3217	313	98	,	,	PUNCT
cjal-3217	313	99	333	333	NUM
cjal-3217	313	100	int'l	int'l	NOUN
cjal-3217	313	101	law	law	NOUN
cjal-3217	313	102	983	983	NUM
cjal-3217	313	103	,	,	PUNCT
cjal-3217	313	104	986	986	NUM
cjal-3217	313	105	(	(	PUNCT
cjal-3217	313	106	1999	1999	NUM
cjal-3217	313	107	)	)	PUNCT
cjal-3217	313	108	)	)	PUNCT
cjal-3217	313	109	.	.	PUNCT
cjal-3217	314	1	106see	106see	NUM
cjal-3217	314	2	lo	lo	PROPN
cjal-3217	314	3	,	,	PUNCT
cjal-3217	314	4	supra	supra	PROPN
cjal-3217	314	5	note	note	PROPN
cjal-3217	314	6	85	85	NUM
cjal-3217	314	7	.	.	PUNCT
cjal-3217	314	8	107	107	NUM
cjal-3217	314	9	see	see	VERB
cjal-3217	314	10	government	government	NOUN
cjal-3217	314	11	funds	fund	NOUN
cjal-3217	314	12	account	account	VERB
cjal-3217	314	13	for	for	ADP
cjal-3217	314	14	43	43	NUM
cjal-3217	314	15	%	%	NOUN
cjal-3217	314	16	of	of	ADP
cjal-3217	314	17	venture	venture	NOUN
cjal-3217	314	18	capital	capital	NOUN
cjal-3217	314	19	investment	investment	NOUN
cjal-3217	314	20	,	,	PUNCT
cjal-3217	314	21	supra	supra	PROPN
cjal-3217	314	22	note	note	NOUN
cjal-3217	314	23	79	79	NUM
cjal-3217	314	24	.	.	NUM
cjal-3217	314	25	108	108	NUM
cjal-3217	314	26	there	there	PRON
cjal-3217	314	27	are	be	VERB
cjal-3217	314	28	numerous	numerous	ADJ
cjal-3217	314	29	regulations	regulation	NOUN
cjal-3217	314	30	on	on	ADP
cjal-3217	314	31	listing	list	VERB
cjal-3217	314	32	overseas	overseas	ADV
cjal-3217	314	33	which	which	PRON
cjal-3217	314	34	include	include	VERB
cjal-3217	314	35	the	the	DET
cjal-3217	314	36	1998	1998	NUM
cjal-3217	314	37	prc	prc	PROPN
cjal-3217	314	38	securities	security	NOUN
cjal-3217	314	39	law	law	NOUN
cjal-3217	314	40	,	,	PUNCT
cjal-3217	314	41	special	special	ADJ
cjal-3217	314	42	regulations	regulation	NOUN
cjal-3217	314	43	of	of	ADP
cjal-3217	314	44	the	the	DET
cjal-3217	314	45	state	state	NOUN
cjal-3217	314	46	council	council	NOUN
cjal-3217	314	47	concerning	concern	VERB
cjal-3217	314	48	floating	float	VERB
cjal-3217	314	49	and	and	CCONJ
cjal-3217	314	50	listing	listing	NOUN
cjal-3217	314	51	of	of	ADP
cjal-3217	314	52	shares	share	NOUN
cjal-3217	314	53	overseas	overseas	ADV
cjal-3217	314	54	by	by	ADP
cjal-3217	314	55	companies	company	NOUN
cjal-3217	314	56	limited	limit	VERB
cjal-3217	314	57	by	by	ADP
cjal-3217	314	58	shares	share	NOUN
cjal-3217	314	59	(	(	PUNCT
cjal-3217	314	60	1994	1994	NUM
cjal-3217	314	61	)	)	PUNCT
cjal-3217	314	62	,	,	PUNCT
cjal-3217	314	63	the	the	DET
cjal-3217	314	64	essential	essential	ADJ
cjal-3217	314	65	clauses	clause	NOUN
cjal-3217	314	66	of	of	ADP
cjal-3217	314	67	the	the	DET
cjal-3217	314	68	articles	article	NOUN
cjal-3217	314	69	of	of	ADP
cjal-3217	314	70	association	association	NOUN
cjal-3217	314	71	for	for	ADP
cjal-3217	314	72	companies	company	NOUN
cjal-3217	314	73	seeking	seek	VERB
cjal-3217	314	74	listing	list	VERB
cjal-3217	314	75	of	of	ADP
cjal-3217	314	76	shares	share	NOUN
cjal-3217	314	77	outside	outside	ADP
cjal-3217	314	78	the	the	DET
cjal-3217	314	79	prc	prc	PROPN
cjal-3217	314	80	.(1994	.(1994	PUNCT
cjal-3217	314	81	)	)	PUNCT
cjal-3217	314	82	,	,	PUNCT
cjal-3217	314	83	notice	notice	NOUN
cjal-3217	314	84	of	of	ADP
cjal-3217	314	85	the	the	DET
cjal-3217	314	86	state	state	NOUN
cjal-3217	314	87	council	council	NOUN
cjal-3217	314	88	on	on	ADP
cjal-3217	314	89	further	far	ADV
cjal-3217	314	90	strengthening	strengthen	VERB
cjal-3217	314	91	the	the	DET
cjal-3217	314	92	administration	administration	NOUN
cjal-3217	314	93	of	of	ADP
cjal-3217	314	94	shares	share	NOUN
cjal-3217	314	95	issues	issue	NOUN
cjal-3217	314	96	and	and	CCONJ
cjal-3217	314	97	listings	listing	NOUN
cjal-3217	314	98	overseas	overseas	ADV
cjal-3217	314	99	(	(	PUNCT
cjal-3217	314	100	1997	1997	NUM
cjal-3217	314	101	)	)	PUNCT
cjal-3217	314	102	,	,	PUNCT
cjal-3217	314	103	and	and	CCONJ
cjal-3217	314	104	the	the	DET
cjal-3217	314	105	opinion	opinion	NOUN
cjal-3217	314	106	on	on	ADP
cjal-3217	314	107	further	further	ADJ
cjal-3217	314	108	standardising	standardise	VERB
cjal-3217	314	109	operations	operation	NOUN
cjal-3217	314	110	and	and	CCONJ
cjal-3217	314	111	reform	reform	NOUN
cjal-3217	314	112	of	of	ADP
cjal-3217	314	113	companies	company	NOUN
cjal-3217	314	114	listed	list	VERB
cjal-3217	314	115	outside	outside	ADP
cjal-3217	314	116	china	china	PROPN
cjal-3217	314	117	(	(	PUNCT
cjal-3217	314	118	1999	1999	NUM
cjal-3217	314	119	)	)	PUNCT
cjal-3217	314	120	.	.	PUNCT
cjal-3217	315	1	109	109	NUM
cjal-3217	315	2	see	see	VERB
cjal-3217	315	3	nicholas	nicholas	PROPN
cjal-3217	315	4	jelf	jelf	PRON
cjal-3217	315	5	and	and	CCONJ
cjal-3217	315	6	ruth	ruth	PROPN
cjal-3217	315	7	markland	markland	NOUN
cjal-3217	315	8	,	,	PUNCT
cjal-3217	315	9	exit	exit	NOUN
cjal-3217	315	10	issues	issue	NOUN
cjal-3217	315	11	-	-	PUNCT
cjal-3217	315	12	securing	secure	VERB
cjal-3217	315	13	an	an	DET
cjal-3217	315	14	exit	exit	NOUN
cjal-3217	315	15	,	,	PUNCT
cjal-3217	315	16	in	in	ADP
cjal-3217	315	17	the	the	DET
cjal-3217	315	18	barclays	barclay	NOUN
cjal-3217	315	19	capital	capital	NOUN
cjal-3217	315	20	guide	guide	NOUN
cjal-3217	315	21	to	to	ADP
cjal-3217	315	22	private	private	ADJ
cjal-3217	315	23	equity	equity	NOUN
cjal-3217	315	24	in	in	ADP
cjal-3217	315	25	asia	asia	PROPN
cjal-3217	315	26	64	64	NUM
cjal-3217	315	27	(	(	PUNCT
cjal-3217	315	28	asian	asian	ADJ
cjal-3217	315	29	law	law	NOUN
cjal-3217	315	30	and	and	CCONJ
cjal-3217	315	31	practice	practice	NOUN
cjal-3217	315	32	,	,	PUNCT
cjal-3217	315	33	1998	1998	NUM
cjal-3217	315	34	)	)	PUNCT
cjal-3217	315	35	.	.	PUNCT
cjal-3217	316	1	m&a	m&a	PROPN
cjal-3217	316	2	markets	market	NOUN
cjal-3217	316	3	are	be	AUX
cjal-3217	316	4	underdeveloped	underdeveloped	ADJ
cjal-3217	316	5	throughout	throughout	ADP
cjal-3217	316	6	the	the	DET
cjal-3217	316	7	asian	asian	ADJ
cjal-3217	316	8	region	region	NOUN
cjal-3217	316	9	.	.	PUNCT
cjal-3217	317	1	110	110	NUM
cjal-3217	317	2	see	see	VERB
cjal-3217	317	3	yau	yau	PROPN
cjal-3217	317	4	,	,	PUNCT
cjal-3217	317	5	supra	supra	PROPN
cjal-3217	317	6	note	note	PROPN
cjal-3217	317	7	18	18	NUM
cjal-3217	317	8	.	.	PUNCT
cjal-3217	318	1	the	the	DET
cjal-3217	318	2	national	national	ADJ
cjal-3217	318	3	government	government	NOUN
cjal-3217	318	4	announced	announce	VERB
cjal-3217	318	5	that	that	SCONJ
cjal-3217	318	6	it	it	PRON
cjal-3217	318	7	would	would	AUX
cjal-3217	318	8	submit	submit	VERB
cjal-3217	318	9	draft	draft	NOUN
cjal-3217	318	10	venture	venture	NOUN
cjal-3217	318	11	capital	capital	NOUN
cjal-3217	318	12	regulations	regulation	NOUN
cjal-3217	318	13	to	to	ADP
cjal-3217	318	14	the	the	DET
cjal-3217	318	15	npc	npc	NOUN
cjal-3217	318	16	before	before	ADP
cjal-3217	318	17	the	the	DET
cjal-3217	318	18	end	end	NOUN
cjal-3217	318	19	of	of	ADP
cjal-3217	318	20	2000	2000	NUM
cjal-3217	318	21	and	and	CCONJ
cjal-3217	318	22	would	would	AUX
cjal-3217	318	23	institute	institute	VERB
cjal-3217	318	24	the	the	DET
cjal-3217	318	25	new	new	ADJ
cjal-3217	318	26	rules	rule	NOUN
cjal-3217	318	27	within	within	ADP
cjal-3217	318	28	two	two	NUM
cjal-3217	318	29	years	year	NOUN
cjal-3217	318	30	.	.	PUNCT
cjal-3217	319	1	the	the	DET
cjal-3217	319	2	drafting	draft	VERB
cjal-3217	319	3	committee	committee	NOUN
cjal-3217	319	4	is	be	AUX
cjal-3217	319	5	made	make	VERB
cjal-3217	319	6	up	up	ADP
cjal-3217	319	7	of	of	ADP
cjal-3217	319	8	banking	banking	NOUN
cjal-3217	319	9	and	and	CCONJ
cjal-3217	319	10	securities	security	NOUN
cjal-3217	319	11	professionals	professional	NOUN
cjal-3217	319	12	,	,	PUNCT
cjal-3217	319	13	an	an	DET
cjal-3217	319	14	economics	economics	NOUN
cjal-3217	319	15	professor	professor	NOUN
cjal-3217	319	16	from	from	ADP
cjal-3217	319	17	peking	peking	PROPN
cjal-3217	319	18	university	university	NOUN
cjal-3217	319	19	,	,	PUNCT
cjal-3217	319	20	and	and	CCONJ
cjal-3217	319	21	former	former	ADJ
cjal-3217	319	22	senior	senior	ADJ
cjal-3217	319	23	officials	official	NOUN
cjal-3217	319	24	from	from	ADP
cjal-3217	319	25	the	the	DET
cjal-3217	319	26	industrial	industrial	PROPN
cjal-3217	319	27	&	&	CCONJ
cjal-3217	319	28	commercial	commercial	PROPN
cjal-3217	319	29	bank	bank	PROPN
cjal-3217	319	30	of	of	ADP
cjal-3217	319	31	china	china	PROPN
cjal-3217	319	32	and	and	CCONJ
cjal-3217	319	33	the	the	DET
cjal-3217	319	34	csrc	csrc	NOUN
cjal-3217	319	35	.	.	PUNCT
cjal-3217	320	1	iii	iii	X
cjal-3217	320	2	see	see	VERB
cjal-3217	320	3	wei	wei	PROPN
cjal-3217	320	4	and	and	CCONJ
cjal-3217	320	5	sun	sun	PROPN
cjal-3217	320	6	,	,	PUNCT
cjal-3217	320	7	supra	supra	PROPN
cjal-3217	320	8	note	note	PROPN
cjal-3217	320	9	86	86	NUM
cjal-3217	320	10	,	,	PUNCT
cjal-3217	320	11	at	at	ADP
cjal-3217	320	12	24	24	NUM
cjal-3217	320	13	.	.	PUNCT
cjal-3217	321	1	these	these	DET
cjal-3217	321	2	decisions	decision	NOUN
cjal-3217	321	3	mentioned	mention	VERB
cjal-3217	321	4	the	the	DET
cjal-3217	321	5	establishment	establishment	NOUN
cjal-3217	321	6	of	of	ADP
cjal-3217	321	7	a	a	DET
cjal-3217	321	8	venture	venture	NOUN
cjal-3217	321	9	capital	capital	NOUN
cjal-3217	321	10	mechanism	mechanism	NOUN
cjal-3217	321	11	,	,	PUNCT
cjal-3217	321	12	venture	venture	NOUN
cjal-3217	321	13	capital	capital	NOUN
cjal-3217	321	14	companies	company	NOUN
cjal-3217	321	15	,	,	PUNCT
cjal-3217	321	16	and	and	CCONJ
cjal-3217	321	17	venture	venture	NOUN
cjal-3217	321	18	capital	capital	NOUN
cjal-3217	321	19	funds	fund	NOUN
cjal-3217	321	20	.	.	PUNCT
cjal-3217	322	1	2002	2002	NUM
cjal-3217	322	2	]	]	PUNCT
cjal-3217	322	3	columbia	columbia	PROPN
cjal-3217	322	4	journal	journal	PROPN
cjal-3217	322	5	ofasianlaw	ofasianlaw	VERB
cjal-3217	322	6	the	the	DET
cjal-3217	322	7	government	government	NOUN
cjal-3217	322	8	's	's	PART
cjal-3217	322	9	most	most	ADV
cjal-3217	322	10	significant	significant	ADJ
cjal-3217	322	11	regulatory	regulatory	ADJ
cjal-3217	322	12	contribution	contribution	NOUN
cjal-3217	322	13	issued	issue	VERB
cjal-3217	322	14	in	in	ADP
cjal-3217	322	15	november	november	PROPN
cjal-3217	322	16	of	of	ADP
cjal-3217	322	17	1999	1999	NUM
cjal-3217	322	18	,	,	PUNCT
cjal-3217	322	19	the	the	DET
cjal-3217	322	20	several	several	ADJ
cjal-3217	322	21	opinions	opinion	NOUN
cjal-3217	322	22	on	on	ADP
cjal-3217	322	23	the	the	DET
cjal-3217	322	24	establishment	establishment	NOUN
cjal-3217	322	25	of	of	ADP
cjal-3217	322	26	the	the	DET
cjal-3217	322	27	venture	venture	NOUN
cjal-3217	322	28	capital	capital	NOUN
cjal-3217	322	29	mechanism	mechanism	NOUN
cjal-3217	322	30	,	,	PUNCT
cjal-3217	322	31	112	112	NUM
cjal-3217	322	32	and	and	CCONJ
cjal-3217	322	33	the	the	DET
cjal-3217	322	34	recently	recently	ADV
cjal-3217	322	35	published	publish	VERB
cjal-3217	322	36	interim	interim	ADJ
cjal-3217	322	37	regulations	regulation	NOUN
cjal-3217	322	38	on	on	ADP
cjal-3217	322	39	the	the	DET
cjal-3217	322	40	establishment	establishment	NOUN
cjal-3217	322	41	of	of	ADP
cjal-3217	322	42	venture	venture	NOUN
cjal-3217	322	43	capital	capital	NOUN
cjal-3217	322	44	investment	investment	NOUN
cjal-3217	322	45	enterprise	enterprise	NOUN
cjal-3217	322	46	by	by	ADP
cjal-3217	322	47	overseas	overseas	ADJ
cjal-3217	322	48	investors	investor	NOUN
cjal-3217	322	49	.	.	PUNCT
cjal-3217	323	1	"	"	PUNCT
cjal-3217	323	2	'	'	PUNCT
cjal-3217	323	3	although	although	SCONJ
cjal-3217	323	4	the	the	DET
cjal-3217	323	5	several	several	ADJ
cjal-3217	323	6	opinions	opinion	NOUN
cjal-3217	323	7	limit	limit	VERB
cjal-3217	323	8	venture	venture	NOUN
cjal-3217	323	9	capital	capital	NOUN
cjal-3217	323	10	to	to	ADP
cjal-3217	323	11	the	the	DET
cjal-3217	323	12	hightech	hightech	ADJ
cjal-3217	323	13	sector	sector	NOUN
cjal-3217	323	14	,	,	PUNCT
cjal-3217	323	15	they	they	PRON
cjal-3217	323	16	offer	offer	VERB
cjal-3217	323	17	a	a	DET
cjal-3217	323	18	positive	positive	ADJ
cjal-3217	323	19	venture	venture	NOUN
cjal-3217	323	20	capital	capital	NOUN
cjal-3217	323	21	framework	framework	NOUN
cjal-3217	323	22	that	that	PRON
cjal-3217	323	23	encourages	encourage	VERB
cjal-3217	323	24	private	private	ADJ
cjal-3217	323	25	participation	participation	NOUN
cjal-3217	323	26	over	over	ADP
cjal-3217	323	27	government	government	NOUN
cjal-3217	323	28	intervention	intervention	NOUN
cjal-3217	323	29	.	.	PUNCT
cjal-3217	324	1	"	"	PUNCT
cjal-3217	324	2	'	'	PUNCT
cjal-3217	324	3	the	the	DET
cjal-3217	324	4	several	several	ADJ
cjal-3217	324	5	opinions	opinion	NOUN
cjal-3217	324	6	promote	promote	VERB
cjal-3217	324	7	stock	stock	NOUN
cjal-3217	324	8	option	option	NOUN
cjal-3217	324	9	formulations	formulation	NOUN
cjal-3217	324	10	for	for	ADP
cjal-3217	324	11	the	the	DET
cjal-3217	324	12	first	first	ADJ
cjal-3217	324	13	time	time	NOUN
cjal-3217	324	14	,	,	PUNCT
cjal-3217	324	15	which	which	PRON
cjal-3217	324	16	may	may	AUX
cjal-3217	324	17	help	help	VERB
cjal-3217	324	18	improve	improve	VERB
cjal-3217	324	19	employee	employee	NOUN
cjal-3217	324	20	motivation	motivation	NOUN
cjal-3217	324	21	at	at	ADP
cjal-3217	324	22	cash	cash	NOUN
cjal-3217	324	23	-	-	PUNCT
cjal-3217	324	24	strapped	strap	VERB
cjal-3217	324	25	start	start	NOUN
cjal-3217	324	26	-	-	PUNCT
cjal-3217	324	27	ups	up	NOUN
cjal-3217	324	28	having	have	VERB
cjal-3217	324	29	difficulties	difficulty	NOUN
cjal-3217	324	30	meeting	meet	VERB
cjal-3217	324	31	monthly	monthly	ADJ
cjal-3217	324	32	pay	pay	NOUN
cjal-3217	324	33	rolls	roll	NOUN
cjal-3217	324	34	.	.	PUNCT
cjal-3217	325	1	5	5	NUM
cjal-3217	325	2	the	the	DET
cjal-3217	325	3	three	three	NUM
cjal-3217	325	4	exits	exit	NOUN
cjal-3217	325	5	of	of	ADP
cjal-3217	325	6	public	public	ADJ
cjal-3217	325	7	listing	listing	NOUN
cjal-3217	325	8	,	,	PUNCT
cjal-3217	325	9	share	share	NOUN
cjal-3217	325	10	repurchasing	repurchasing	NOUN
cjal-3217	325	11	,	,	PUNCT
cjal-3217	325	12	and	and	CCONJ
cjal-3217	325	13	share	share	NOUN
cjal-3217	325	14	transfer	transfer	NOUN
cjal-3217	325	15	to	to	ADP
cjal-3217	325	16	third	third	ADJ
cjal-3217	325	17	parties	party	NOUN
cjal-3217	325	18	also	also	ADV
cjal-3217	325	19	are	be	AUX
cjal-3217	325	20	mentioned	mention	VERB
cjal-3217	325	21	in	in	ADP
cjal-3217	325	22	the	the	DET
cjal-3217	325	23	opinions	opinion	NOUN
cjal-3217	325	24	.	.	PUNCT
cjal-3217	326	1	"6	"6	VERB
cjal-3217	326	2	more	more	ADV
cjal-3217	326	3	importantly	importantly	ADV
cjal-3217	326	4	,	,	PUNCT
cjal-3217	326	5	the	the	DET
cjal-3217	326	6	several	several	ADJ
cjal-3217	326	7	opinions	opinion	NOUN
cjal-3217	326	8	create	create	VERB
cjal-3217	326	9	two	two	NUM
cjal-3217	326	10	new	new	ADJ
cjal-3217	326	11	investment	investment	NOUN
cjal-3217	326	12	entities	entity	NOUN
cjal-3217	326	13	for	for	ADP
cjal-3217	326	14	the	the	DET
cjal-3217	326	15	venture	venture	NOUN
cjal-3217	326	16	capital	capital	NOUN
cjal-3217	326	17	market	market	NOUN
cjal-3217	326	18	,	,	PUNCT
cjal-3217	326	19	the	the	DET
cjal-3217	326	20	venture	venture	NOUN
cjal-3217	326	21	capital	capital	NOUN
cjal-3217	326	22	company	company	NOUN
cjal-3217	326	23	(	(	PUNCT
cjal-3217	326	24	vcc	vcc	NOUN
cjal-3217	326	25	)	)	PUNCT
cjal-3217	326	26	and	and	CCONJ
cjal-3217	326	27	the	the	DET
cjal-3217	326	28	venture	venture	NOUN
cjal-3217	326	29	capital	capital	NOUN
cjal-3217	326	30	fund	fund	PROPN
cjal-3217	326	31	(	(	PUNCT
cjal-3217	326	32	vcf	vcf	NOUN
cjal-3217	326	33	)	)	PUNCT
cjal-3217	326	34	.	.	PUNCT
cjal-3217	327	1	117	117	NUM
cjal-3217	327	2	while	while	SCONJ
cjal-3217	327	3	both	both	DET
cjal-3217	327	4	forms	form	NOUN
cjal-3217	327	5	are	be	AUX
cjal-3217	327	6	limited	limit	VERB
cjal-3217	327	7	to	to	ADP
cjal-3217	327	8	the	the	DET
cjal-3217	327	9	technology	technology	NOUN
cjal-3217	327	10	field	field	NOUN
cjal-3217	327	11	,	,	PUNCT
cjal-3217	327	12	vcc	vcc	PROPN
cjal-3217	327	13	's	's	PART
cjal-3217	327	14	may	may	AUX
cjal-3217	327	15	invest	invest	VERB
cjal-3217	327	16	in	in	ADP
cjal-3217	327	17	high	high	ADJ
cjal-3217	327	18	and	and	CCONJ
cjal-3217	327	19	new	new	ADJ
cjal-3217	327	20	technology	technology	NOUN
cjal-3217	327	21	companies	company	NOUN
cjal-3217	327	22	in	in	ADP
cjal-3217	327	23	addition	addition	NOUN
cjal-3217	327	24	to	to	ADP
cjal-3217	327	25	mid	mid	ADJ
cjal-3217	327	26	and	and	CCONJ
cjal-3217	327	27	small	small	ADJ
cjal-3217	327	28	-	-	PUNCT
cjal-3217	327	29	scale	scale	NOUN
cjal-3217	327	30	technology	technology	NOUN
cjal-3217	327	31	related	relate	VERB
cjal-3217	327	32	enterprises	enterprise	NOUN
cjal-3217	327	33	.	.	PUNCT
cjal-3217	328	1	"	"	PUNCT
cjal-3217	328	2	18	18	NUM
cjal-3217	328	3	vcc	vcc	NOUN
cjal-3217	328	4	's	's	PART
cjal-3217	328	5	also	also	ADV
cjal-3217	328	6	may	may	AUX
cjal-3217	328	7	invest	invest	VERB
cjal-3217	328	8	all	all	PRON
cjal-3217	328	9	of	of	ADP
cjal-3217	328	10	their	their	PRON
cjal-3217	328	11	capital	capital	NOUN
cjal-3217	328	12	,	,	PUNCT
cjal-3217	328	13	an	an	DET
cjal-3217	328	14	exemption	exemption	NOUN
cjal-3217	328	15	to	to	ADP
cjal-3217	328	16	article	article	NOUN
cjal-3217	328	17	12	12	NUM
cjal-3217	328	18	of	of	ADP
cjal-3217	328	19	the	the	DET
cjal-3217	328	20	company	company	NOUN
cjal-3217	328	21	law	law	NOUN
cjal-3217	328	22	which	which	PRON
cjal-3217	328	23	limits	limit	VERB
cjal-3217	328	24	company	company	NOUN
cjal-3217	328	25	investment	investment	NOUN
cjal-3217	328	26	in	in	ADP
cjal-3217	328	27	other	other	ADJ
cjal-3217	328	28	companies	company	NOUN
cjal-3217	328	29	to	to	ADP
cjal-3217	328	30	50	50	NUM
cjal-3217	328	31	%	%	NOUN
cjal-3217	328	32	of	of	ADP
cjal-3217	328	33	net	net	ADJ
cjal-3217	328	34	assets	asset	NOUN
cjal-3217	328	35	.	.	PUNCT
cjal-3217	329	1	"	"	PUNCT
cjal-3217	329	2	'	'	PUNCT
cjal-3217	329	3	the	the	DET
cjal-3217	329	4	several	several	ADJ
cjal-3217	329	5	opinions	opinion	NOUN
cjal-3217	329	6	are	be	AUX
cjal-3217	329	7	silent	silent	ADJ
cjal-3217	329	8	as	as	ADP
cjal-3217	329	9	to	to	ADP
cjal-3217	329	10	limitations	limitation	NOUN
cjal-3217	329	11	for	for	ADP
cjal-3217	329	12	either	either	DET
cjal-3217	329	13	entity	entity	NOUN
cjal-3217	329	14	regarding	regard	VERB
cjal-3217	329	15	foreign	foreign	ADJ
cjal-3217	329	16	investment	investment	NOUN
cjal-3217	329	17	.	.	PUNCT
cjal-3217	330	1	'2	'2	PROPN
cjal-3217	331	1	°	°	PUNCT
cjal-3217	331	2	many	many	ADJ
cjal-3217	331	3	suspect	suspect	VERB
cjal-3217	331	4	a	a	DET
cjal-3217	331	5	maximum	maximum	ADJ
cjal-3217	331	6	foreign	foreign	ADJ
cjal-3217	331	7	ratio	ratio	NOUN
cjal-3217	331	8	in	in	ADP
cjal-3217	331	9	-	-	PUNCT
cjal-3217	331	10	line	line	NOUN
cjal-3217	331	11	with	with	ADP
cjal-3217	331	12	the	the	DET
cjal-3217	331	13	fie	fie	NOUN
cjal-3217	331	14	laws	law	NOUN
cjal-3217	331	15	will	will	AUX
cjal-3217	331	16	top	top	VERB
cjal-3217	331	17	out	out	ADP
cjal-3217	331	18	at	at	ADP
cjal-3217	331	19	49	49	NUM
cjal-3217	331	20	or	or	CCONJ
cjal-3217	331	21	50%.121	50%.121	NUM
cjal-3217	331	22	vcc	vcc	NOUN
cjal-3217	331	23	's	's	PART
cjal-3217	331	24	also	also	ADV
cjal-3217	331	25	may	may	AUX
cjal-3217	331	26	provide	provide	VERB
cjal-3217	331	27	management	management	NOUN
cjal-3217	331	28	support	support	NOUN
cjal-3217	331	29	to	to	ADP
cjal-3217	331	30	their	their	PRON
cjal-3217	331	31	investee	investee	NOUN
cjal-3217	331	32	companies	company	NOUN
cjal-3217	331	33	where	where	SCONJ
cjal-3217	331	34	the	the	DET
cjal-3217	331	35	opinions	opinion	NOUN
cjal-3217	331	36	do	do	AUX
cjal-3217	331	37	not	not	PART
cjal-3217	331	38	explicitly	explicitly	ADV
cjal-3217	331	39	grant	grant	VERB
cjal-3217	331	40	such	such	ADJ
cjal-3217	331	41	power	power	NOUN
cjal-3217	331	42	to	to	PART
cjal-3217	331	43	vcf's	vcf's	VERB
cjal-3217	331	44	.	.	PUNCT
cjal-3217	331	45	'22	'22	NUM
cjal-3217	331	46	the	the	DET
cjal-3217	331	47	recently	recently	ADV
cjal-3217	331	48	released	release	VERB
cjal-3217	331	49	interim	interim	ADJ
cjal-3217	331	50	regulations	regulation	NOUN
cjal-3217	331	51	allow	allow	VERB
cjal-3217	331	52	foreign	foreign	ADJ
cjal-3217	331	53	entities	entity	NOUN
cjal-3217	331	54	to	to	PART
cjal-3217	331	55	make	make	VERB
cjal-3217	331	56	direct	direct	ADJ
cjal-3217	331	57	risk	risk	NOUN
cjal-3217	331	58	investments	investment	NOUN
cjal-3217	331	59	for	for	ADP
cjal-3217	331	60	the	the	DET
cjal-3217	331	61	first	first	ADJ
cjal-3217	331	62	time	time	NOUN
cjal-3217	331	63	in	in	ADP
cjal-3217	331	64	china	china	PROPN
cjal-3217	331	65	.	.	PUNCT
cjal-3217	332	1	23	23	NUM
cjal-3217	333	1	these	these	DET
cjal-3217	333	2	112	112	NUM
cjal-3217	333	3	see	see	VERB
cjal-3217	333	4	the	the	DET
cjal-3217	333	5	birth	birth	NOUN
cjal-3217	333	6	of	of	ADP
cjal-3217	333	7	a	a	DET
cjal-3217	333	8	venture	venture	NOUN
cjal-3217	333	9	capital	capital	NOUN
cjal-3217	333	10	system	system	NOUN
cjal-3217	333	11	for	for	ADP
cjal-3217	333	12	china	china	PROPN
cjal-3217	333	13	,	,	PUNCT
cjal-3217	333	14	china	china	PROPN
cjal-3217	333	15	law	law	PROPN
cjal-3217	333	16	&	&	CCONJ
cjal-3217	333	17	practice	practice	PROPN
cjal-3217	333	18	,	,	PUNCT
cjal-3217	333	19	apr	apr	PROPN
cjal-3217	333	20	.	.	PROPN
cjal-3217	333	21	2000	2000	NUM
cjal-3217	333	22	,	,	PUNCT
cjal-3217	333	23	at	at	ADP
cjal-3217	333	24	18	18	NUM
cjal-3217	333	25	.	.	PUNCT
cjal-3217	334	1	the	the	DET
cjal-3217	334	2	ministry	ministry	PROPN
cjal-3217	334	3	of	of	ADP
cjal-3217	334	4	science	science	NOUN
cjal-3217	334	5	and	and	CCONJ
cjal-3217	334	6	technology	technology	NOUN
cjal-3217	334	7	,	,	PUNCT
cjal-3217	334	8	the	the	DET
cjal-3217	334	9	state	state	NOUN
cjal-3217	334	10	planning	planning	PROPN
cjal-3217	334	11	development	development	PROPN
cjal-3217	334	12	commission	commission	PROPN
cjal-3217	334	13	,	,	PUNCT
cjal-3217	334	14	the	the	DET
cjal-3217	334	15	state	state	NOUN
cjal-3217	334	16	economic	economic	ADJ
cjal-3217	334	17	and	and	CCONJ
cjal-3217	334	18	trade	trade	NOUN
cjal-3217	334	19	commission	commission	PROPN
cjal-3217	334	20	,	,	PUNCT
cjal-3217	334	21	the	the	DET
cjal-3217	334	22	ministry	ministry	PROPN
cjal-3217	334	23	of	of	ADP
cjal-3217	334	24	finance	finance	PROPN
cjal-3217	334	25	,	,	PUNCT
cjal-3217	334	26	the	the	DET
cjal-3217	334	27	people	people	NOUN
cjal-3217	334	28	's	's	PART
cjal-3217	334	29	bank	bank	PROPN
cjal-3217	334	30	of	of	ADP
cjal-3217	334	31	china	china	PROPN
cjal-3217	334	32	,	,	PUNCT
cjal-3217	334	33	the	the	DET
cjal-3217	334	34	state	state	NOUN
cjal-3217	334	35	administration	administration	NOUN
cjal-3217	334	36	of	of	ADP
cjal-3217	334	37	taxation	taxation	NOUN
cjal-3217	334	38	,	,	PUNCT
cjal-3217	334	39	and	and	CCONJ
cjal-3217	334	40	the	the	DET
cjal-3217	334	41	china	china	PROPN
cjal-3217	334	42	securities	securities	PROPN
cjal-3217	334	43	regulatory	regulatory	PROPN
cjal-3217	334	44	commission	commission	PROPN
cjal-3217	334	45	issued	issue	VERB
cjal-3217	334	46	the	the	DET
cjal-3217	334	47	several	several	ADJ
cjal-3217	334	48	opinions	opinion	NOUN
cjal-3217	334	49	.	.	PUNCT
cjal-3217	335	1	113	113	NUM
cjal-3217	335	2	see	see	VERB
cjal-3217	335	3	rules	rule	NOUN
cjal-3217	335	4	hammered	hammer	VERB
cjal-3217	335	5	out	out	ADP
cjal-3217	335	6	approving	approve	VERB
cjal-3217	335	7	direct	direct	ADJ
cjal-3217	335	8	foreign	foreign	ADJ
cjal-3217	335	9	venture	venture	NOUN
cjal-3217	335	10	capital	capital	NOUN
cjal-3217	335	11	investment	investment	NOUN
cjal-3217	335	12	in	in	ADP
cjal-3217	335	13	china	china	PROPN
cjal-3217	335	14	,	,	PUNCT
cjal-3217	335	15	china	china	PROPN
cjal-3217	335	16	business	business	PROPN
cjal-3217	335	17	,	,	PUNCT
cjal-3217	335	18	sept	sept	PROPN
cjal-3217	335	19	.	.	PROPN
cjal-3217	335	20	21	21	NUM
cjal-3217	335	21	,	,	PUNCT
cjal-3217	335	22	2001	2001	NUM
cjal-3217	335	23	.	.	PUNCT
cjal-3217	336	1	114	114	NUM
cjal-3217	336	2	see	see	VERB
cjal-3217	336	3	the	the	DET
cjal-3217	336	4	birth	birth	NOUN
cjal-3217	336	5	of	of	ADP
cjal-3217	336	6	a	a	DET
cjal-3217	336	7	venture	venture	NOUN
cjal-3217	336	8	capital	capital	NOUN
cjal-3217	336	9	system	system	NOUN
cjal-3217	336	10	for	for	ADP
cjal-3217	336	11	china	china	PROPN
cjal-3217	336	12	,	,	PUNCT
cjal-3217	336	13	supra	supra	PROPN
cjal-3217	336	14	note	note	NOUN
cjal-3217	336	15	112	112	NUM
cjal-3217	336	16	,	,	PUNCT
cjal-3217	336	17	at	at	ADP
cjal-3217	336	18	18	18	NUM
cjal-3217	336	19	.	.	SYM
cjal-3217	336	20	115	115	NUM
cjal-3217	336	21	see	see	VERB
cjal-3217	336	22	i	i	PRON
cjal-3217	336	23	d.	d.	PROPN
cjal-3217	336	24	116	116	NUM
cjal-3217	336	25	see	see	VERB
cjal-3217	336	26	i	i	PROPN
cjal-3217	336	27	d.	d.	PROPN
cjal-3217	336	28	"	"	PUNCT
cjal-3217	336	29	'	'	PUNCT
cjal-3217	336	30	see	see	VERB
cjal-3217	336	31	i	i	PRON
cjal-3217	336	32	d.	d.	PROPN
cjal-3217	336	33	at	at	ADP
cjal-3217	336	34	25	25	NUM
cjal-3217	336	35	.	.	PUNCT
cjal-3217	337	1	118	118	NUM
cjal-3217	337	2	see	see	VERB
cjal-3217	337	3	i	i	PROPN
cjal-3217	337	4	d.	d.	PROPN
cjal-3217	337	5	"	"	PUNCT
cjal-3217	337	6	9	9	NUM
cjal-3217	337	7	see	see	VERB
cjal-3217	337	8	i	i	PROPN
cjal-3217	337	9	d.	d.	PROPN
cjal-3217	337	10	at	at	ADP
cjal-3217	337	11	19	19	NUM
cjal-3217	337	12	.	.	PUNCT
cjal-3217	337	13	120	120	NUM
cjal-3217	337	14	see	see	VERB
cjal-3217	337	15	the	the	DET
cjal-3217	337	16	birth	birth	NOUN
cjal-3217	337	17	of	of	ADP
cjal-3217	337	18	a	a	DET
cjal-3217	337	19	venture	venture	NOUN
cjal-3217	337	20	capital	capital	NOUN
cjal-3217	337	21	system	system	NOUN
cjal-3217	337	22	for	for	ADP
cjal-3217	337	23	china	china	PROPN
cjal-3217	337	24	,	,	PUNCT
cjal-3217	337	25	supra	supra	PROPN
cjal-3217	337	26	note	note	NOUN
cjal-3217	337	27	112	112	NUM
cjal-3217	337	28	,	,	PUNCT
cjal-3217	337	29	at	at	ADP
cjal-3217	337	30	20	20	NUM
cjal-3217	337	31	.	.	SYM
cjal-3217	337	32	121	121	NUM
cjal-3217	337	33	see	see	VERB
cjal-3217	337	34	i	i	PROPN
cjal-3217	337	35	d.	d.	PROPN
cjal-3217	337	36	122	122	NUM
cjal-3217	337	37	see	see	VERB
cjal-3217	337	38	i	i	PRON
cjal-3217	337	39	d.	d.	PROPN
cjal-3217	337	40	123	123	NUM
cjal-3217	337	41	see	see	VERB
cjal-3217	337	42	rules	rule	NOUN
cjal-3217	337	43	hammered	hammer	VERB
cjal-3217	337	44	out	out	ADP
cjal-3217	337	45	approving	approve	VERB
cjal-3217	337	46	direct	direct	ADJ
cjal-3217	337	47	foreign	foreign	ADJ
cjal-3217	337	48	venture	venture	NOUN
cjal-3217	337	49	capital	capital	NOUN
cjal-3217	337	50	investment	investment	NOUN
cjal-3217	337	51	in	in	ADP
cjal-3217	337	52	china	china	PROPN
cjal-3217	337	53	,	,	PUNCT
cjal-3217	337	54	supra	supra	PROPN
cjal-3217	337	55	note	note	PROPN
cjal-3217	337	56	113	113	NUM
cjal-3217	337	57	.	.	PUNCT
cjal-3217	338	1	[	[	X
cjal-3217	338	2	16:1	16:1	NUM
cjal-3217	338	3	venture	venture	NOUN
cjal-3217	338	4	capital	capital	NOUN
cjal-3217	338	5	in	in	ADP
cjal-3217	338	6	china	china	PROPN
cjal-3217	338	7	regulations	regulation	NOUN
cjal-3217	338	8	allow	allow	VERB
cjal-3217	338	9	venture	venture	NOUN
cjal-3217	338	10	capital	capital	NOUN
cjal-3217	338	11	firms	firm	NOUN
cjal-3217	338	12	to	to	PART
cjal-3217	338	13	invest	invest	VERB
cjal-3217	338	14	directly	directly	ADV
cjal-3217	338	15	into	into	ADP
cjal-3217	338	16	china	china	PROPN
cjal-3217	338	17	-	-	PUNCT
cjal-3217	338	18	based	base	VERB
cjal-3217	338	19	foreign	foreign	ADJ
cjal-3217	338	20	-	-	PUNCT
cjal-3217	338	21	invested	invest	VERB
cjal-3217	338	22	firms	firm	NOUN
cjal-3217	338	23	.	.	PUNCT
cjal-3217	339	1	2	2	X
cjal-3217	339	2	"	"	PUNCT
cjal-3217	339	3	they	they	PRON
cjal-3217	339	4	still	still	ADV
cjal-3217	339	5	may	may	AUX
cjal-3217	339	6	not	not	PART
cjal-3217	339	7	invest	invest	VERB
cjal-3217	339	8	in	in	ADP
cjal-3217	339	9	securities	security	NOUN
cjal-3217	339	10	,	,	PUNCT
cjal-3217	339	11	options	option	NOUN
cjal-3217	339	12	,	,	PUNCT
cjal-3217	339	13	futures	future	NOUN
cjal-3217	339	14	and	and	CCONJ
cjal-3217	339	15	other	other	ADJ
cjal-3217	339	16	financial	financial	ADJ
cjal-3217	339	17	derivatives	derivative	NOUN
cjal-3217	339	18	,	,	PUNCT
cjal-3217	339	19	but	but	CCONJ
cjal-3217	339	20	they	they	PRON
cjal-3217	339	21	are	be	AUX
cjal-3217	339	22	allowed	allow	VERB
cjal-3217	339	23	all	all	DET
cjal-3217	339	24	major	major	ADJ
cjal-3217	339	25	exit	exit	NOUN
cjal-3217	339	26	options	option	NOUN
cjal-3217	339	27	,	,	PUNCT
cjal-3217	339	28	including	include	VERB
cjal-3217	339	29	share	share	NOUN
cjal-3217	339	30	sales	sale	NOUN
cjal-3217	339	31	after	after	ADP
cjal-3217	339	32	listing	list	VERB
cjal-3217	339	33	,	,	PUNCT
cjal-3217	339	34	share	share	NOUN
cjal-3217	339	35	repurchases	repurchase	NOUN
cjal-3217	339	36	by	by	ADP
cjal-3217	339	37	the	the	DET
cjal-3217	339	38	investee	investee	NOUN
cjal-3217	339	39	company	company	NOUN
cjal-3217	339	40	,	,	PUNCT
cjal-3217	339	41	and	and	CCONJ
cjal-3217	339	42	equity	equity	NOUN
cjal-3217	339	43	transfers	transfer	NOUN
cjal-3217	339	44	to	to	ADP
cjal-3217	339	45	third	third	ADJ
cjal-3217	339	46	parties	party	NOUN
cjal-3217	339	47	.	.	PUNCT
cjal-3217	340	1	'25	'25	NUM
cjal-3217	340	2	b.	b.	PROPN
cjal-3217	340	3	improved	improved	ADJ
cjal-3217	340	4	entry	entry	NOUN
cjal-3217	340	5	:	:	PUNCT
cjal-3217	340	6	amendments	amendment	NOUN
cjal-3217	340	7	to	to	ADP
cjal-3217	340	8	the	the	DET
cjal-3217	340	9	company	company	NOUN
cjal-3217	340	10	law	law	NOUN
cjal-3217	340	11	and	and	CCONJ
cjal-3217	340	12	fie	fie	NOUN
cjal-3217	340	13	laws	law	NOUN
cjal-3217	340	14	in	in	ADP
cjal-3217	340	15	addition	addition	NOUN
cjal-3217	340	16	to	to	ADP
cjal-3217	340	17	these	these	DET
cjal-3217	340	18	documents	document	NOUN
cjal-3217	340	19	and	and	CCONJ
cjal-3217	340	20	recent	recent	ADJ
cjal-3217	340	21	legislative	legislative	ADJ
cjal-3217	340	22	efforts	effort	NOUN
cjal-3217	340	23	,	,	PUNCT
cjal-3217	340	24	the	the	DET
cjal-3217	340	25	government	government	NOUN
cjal-3217	340	26	has	have	AUX
cjal-3217	340	27	been	be	AUX
cjal-3217	340	28	working	work	VERB
cjal-3217	340	29	to	to	PART
cjal-3217	340	30	amend	amend	VERB
cjal-3217	340	31	a	a	DET
cjal-3217	340	32	number	number	NOUN
cjal-3217	340	33	of	of	ADP
cjal-3217	340	34	laws	law	NOUN
cjal-3217	340	35	relevant	relevant	ADJ
cjal-3217	340	36	to	to	PART
cjal-3217	340	37	venture	venture	VERB
cjal-3217	340	38	capital	capital	NOUN
cjal-3217	340	39	.	.	PUNCT
cjal-3217	341	1	'	'	NUM
cjal-3217	341	2	26	26	NUM
cjal-3217	341	3	the	the	DET
cjal-3217	341	4	state	state	NOUN
cjal-3217	341	5	council	council	PROPN
cjal-3217	341	6	has	have	AUX
cjal-3217	341	7	been	be	AUX
cjal-3217	341	8	working	work	VERB
cjal-3217	341	9	to	to	PART
cjal-3217	341	10	amend	amend	VERB
cjal-3217	341	11	the	the	DET
cjal-3217	341	12	company	company	NOUN
cjal-3217	341	13	law	law	NOUN
cjal-3217	341	14	to	to	PART
cjal-3217	341	15	remove	remove	VERB
cjal-3217	341	16	minimum	minimum	ADJ
cjal-3217	341	17	capital	capital	NOUN
cjal-3217	341	18	requirements	requirement	NOUN
cjal-3217	341	19	for	for	ADP
cjal-3217	341	20	establishing	establish	VERB
cjal-3217	341	21	a	a	DET
cjal-3217	341	22	corporate	corporate	ADJ
cjal-3217	341	23	entity	entity	NOUN
cjal-3217	341	24	along	along	ADP
cjal-3217	341	25	with	with	ADP
cjal-3217	341	26	ending	end	VERB
cjal-3217	341	27	limitations	limitation	NOUN
cjal-3217	341	28	on	on	ADP
cjal-3217	341	29	intellectual	intellectual	ADJ
cjal-3217	341	30	property	property	NOUN
cjal-3217	341	31	assignments.27	assignments.27	PROPN
cjal-3217	342	1	the	the	DET
cjal-3217	342	2	council	council	NOUN
cjal-3217	342	3	also	also	ADV
cjal-3217	342	4	may	may	AUX
cjal-3217	342	5	allow	allow	VERB
cjal-3217	342	6	foreign	foreign	ADJ
cjal-3217	342	7	direct	direct	ADJ
cjal-3217	342	8	investment	investment	NOUN
cjal-3217	342	9	in	in	ADP
cjal-3217	342	10	domestic	domestic	ADJ
cjal-3217	342	11	llc	llc	PROPN
cjal-3217	342	12	's	's	PART
cjal-3217	342	13	and	and	CCONJ
cjal-3217	342	14	trading	trading	NOUN
cjal-3217	342	15	in	in	ADP
cjal-3217	342	16	legal	legal	ADJ
cjal-3217	342	17	person	person	NOUN
cjal-3217	342	18	shares	share	NOUN
cjal-3217	342	19	.	.	PUNCT
cjal-3217	343	1	'28	'28	NUM
cjal-3217	343	2	this	this	PRON
cjal-3217	343	3	would	would	AUX
cjal-3217	343	4	boost	boost	VERB
cjal-3217	343	5	exit	exit	NOUN
cjal-3217	343	6	liquidity	liquidity	NOUN
cjal-3217	343	7	significantly	significantly	ADV
cjal-3217	343	8	.	.	PUNCT
cjal-3217	344	1	moreover	moreover	ADV
cjal-3217	344	2	,	,	PUNCT
cjal-3217	344	3	the	the	DET
cjal-3217	344	4	council	council	NOUN
cjal-3217	344	5	is	be	AUX
cjal-3217	344	6	liberalizing	liberalize	VERB
cjal-3217	344	7	laws	law	NOUN
cjal-3217	344	8	concerning	concern	VERB
cjal-3217	344	9	foreign	foreign	ADJ
cjal-3217	344	10	joint	joint	ADJ
cjal-3217	344	11	ventures	venture	NOUN
cjal-3217	344	12	,	,	PUNCT
cjal-3217	344	13	foreign	foreign	ADJ
cjal-3217	344	14	cooperatives	cooperative	NOUN
cjal-3217	344	15	and	and	CCONJ
cjal-3217	344	16	solely	solely	ADV
cjal-3217	344	17	foreign	foreign	ADJ
cjal-3217	344	18	-	-	PUNCT
cjal-3217	344	19	funded	fund	VERB
cjal-3217	344	20	ventures	venture	NOUN
cjal-3217	344	21	to	to	PART
cjal-3217	344	22	meet	meet	VERB
cjal-3217	344	23	wto	wto	PROPN
cjal-3217	344	24	investment	investment	NOUN
cjal-3217	344	25	liberalization	liberalization	NOUN
cjal-3217	344	26	obligations	obligation	NOUN
cjal-3217	344	27	.	.	PUNCT
cjal-3217	345	1	129	129	NUM
cjal-3217	345	2	of	of	ADP
cjal-3217	345	3	particular	particular	ADJ
cjal-3217	345	4	interest	interest	NOUN
cjal-3217	345	5	to	to	PART
cjal-3217	345	6	venture	venture	VERB
cjal-3217	345	7	capitalists	capitalist	NOUN
cjal-3217	345	8	is	be	AUX
cjal-3217	345	9	the	the	DET
cjal-3217	345	10	permission	permission	NOUN
cjal-3217	345	11	granted	grant	VERB
cjal-3217	345	12	to	to	ADP
cjal-3217	345	13	fie	fie	PROPN
cjal-3217	345	14	's	's	PART
cjal-3217	345	15	to	to	PART
cjal-3217	345	16	invest	invest	VERB
cjal-3217	345	17	directly	directly	ADV
cjal-3217	345	18	in	in	ADP
cjal-3217	345	19	other	other	ADJ
cjal-3217	345	20	existing	exist	VERB
cjal-3217	345	21	and	and	CCONJ
cjal-3217	345	22	newly	newly	ADV
cjal-3217	345	23	formed	form	VERB
cjal-3217	345	24	fie	fie	NOUN
cjal-3217	345	25	companies	company	NOUN
cjal-3217	345	26	as	as	SCONJ
cjal-3217	345	27	seen	see	VERB
cjal-3217	345	28	in	in	ADP
cjal-3217	345	29	the	the	DET
cjal-3217	345	30	interim	interim	ADJ
cjal-3217	345	31	regulations	regulation	NOUN
cjal-3217	345	32	mentioned	mention	VERB
cjal-3217	345	33	earlier.130	earlier.130	ADJ
cjal-3217	345	34	c.	c.	PROPN
cjal-3217	345	35	improved	improve	VERB
cjal-3217	345	36	exits	exit	VERB
cjal-3217	345	37	:	:	PUNCT
cjal-3217	345	38	streamlining	streamline	VERB
cjal-3217	345	39	securities	security	NOUN
cjal-3217	345	40	although	although	SCONJ
cjal-3217	345	41	recently	recently	ADV
cjal-3217	345	42	delayed	delay	VERB
cjal-3217	345	43	,	,	PUNCT
cjal-3217	345	44	the	the	DET
cjal-3217	345	45	chinese	chinese	ADJ
cjal-3217	345	46	government	government	NOUN
cjal-3217	345	47	is	be	AUX
cjal-3217	345	48	still	still	ADV
cjal-3217	345	49	pushing	push	VERB
cjal-3217	345	50	to	to	PART
cjal-3217	345	51	launch	launch	VERB
cjal-3217	345	52	a	a	DET
cjal-3217	345	53	second	second	ADJ
cjal-3217	345	54	exchange	exchange	NOUN
cjal-3217	345	55	board	board	NOUN
cjal-3217	345	56	,	,	PUNCT
cjal-3217	345	57	geared	gear	VERB
cjal-3217	345	58	towards	towards	ADP
cjal-3217	345	59	small	small	ADJ
cjal-3217	345	60	and	and	CCONJ
cjal-3217	345	61	medium	medium	ADJ
cjal-3217	345	62	-	-	PUNCT
cjal-3217	345	63	sized	sized	ADJ
cjal-3217	345	64	companies	company	NOUN
cjal-3217	345	65	,	,	PUNCT
cjal-3217	345	66	in	in	ADP
cjal-3217	345	67	order	order	NOUN
cjal-3217	345	68	to	to	PART
cjal-3217	345	69	help	help	VERB
cjal-3217	345	70	china	china	PROPN
cjal-3217	345	71	increase	increase	VERB
cjal-3217	345	72	exit	exit	NOUN
cjal-3217	345	73	124	124	NUM
cjal-3217	345	74	see	see	VERB
cjal-3217	345	75	i	i	PRON
cjal-3217	345	76	d.	d.	PROPN
cjal-3217	345	77	125	125	NUM
cjal-3217	345	78	see	see	VERB
cjal-3217	345	79	i	i	PROPN
cjal-3217	345	80	d.	d.	PROPN
cjal-3217	345	81	126	126	NUM
cjal-3217	345	82	see	see	VERB
cjal-3217	345	83	john	john	PROPN
cjal-3217	345	84	lo	lo	PROPN
cjal-3217	345	85	,	,	PUNCT
cjal-3217	345	86	venture	venture	NOUN
cjal-3217	345	87	capital	capital	NOUN
cjal-3217	345	88	and	and	CCONJ
cjal-3217	345	89	the	the	DET
cjal-3217	345	90	e	e	NOUN
cjal-3217	345	91	-	-	NOUN
cjal-3217	345	92	sector	sector	NOUN
cjal-3217	345	93	in	in	ADP
cjal-3217	345	94	china	china	PROPN
cjal-3217	345	95	,	,	PUNCT
cjal-3217	345	96	at	at	ADP
cjal-3217	345	97	http://virtualchina.org/archive/finance/index.html	http://virtualchina.org/archive/finance/index.html	PROPN
cjal-3217	345	98	(	(	PUNCT
cjal-3217	345	99	sept	sept	PROPN
cjal-3217	345	100	.	.	PROPN
cjal-3217	345	101	6	6	NUM
cjal-3217	345	102	,	,	PUNCT
cjal-3217	345	103	2000	2000	NUM
cjal-3217	345	104	)	)	PUNCT
cjal-3217	345	105	.	.	PUNCT
cjal-3217	346	1	127	127	NUM
cjal-3217	346	2	see	see	VERB
cjal-3217	346	3	i	i	PRON
cjal-3217	346	4	d.	d.	PROPN
cjal-3217	346	5	128	128	NUM
cjal-3217	346	6	see	see	VERB
cjal-3217	346	7	i	i	PRON
cjal-3217	346	8	d.	d.	PROPN
cjal-3217	346	9	129	129	NUM
cjal-3217	346	10	see	see	VERB
cjal-3217	346	11	china	china	PROPN
cjal-3217	346	12	amends	amend	VERB
cjal-3217	346	13	laws	law	NOUN
cjal-3217	346	14	on	on	ADP
cjal-3217	346	15	foreign	foreign	ADJ
cjal-3217	346	16	investment	investment	NOUN
cjal-3217	346	17	,	,	PUNCT
cjal-3217	346	18	asia	asia	PROPN
cjal-3217	346	19	pulse	pulse	PROPN
cjal-3217	346	20	,	,	PUNCT
cjal-3217	346	21	oct	oct	PROPN
cjal-3217	346	22	.	.	PROPN
cjal-3217	346	23	24	24	NUM
cjal-3217	346	24	,	,	PUNCT
cjal-3217	346	25	2000	2000	NUM
cjal-3217	346	26	;	;	PUNCT
cjal-3217	346	27	see	see	VERB
cjal-3217	346	28	also	also	ADV
cjal-3217	346	29	hu	hu	PROPN
cjal-3217	347	1	qihua	qihua	PROPN
cjal-3217	347	2	and	and	CCONJ
cjal-3217	347	3	shao	shao	PROPN
cjal-3217	347	4	zongwei	zongwei	PROPN
cjal-3217	347	5	,	,	PUNCT
cjal-3217	347	6	bid	bid	VERB
cjal-3217	347	7	to	to	PART
cjal-3217	347	8	level	level	VERB
cjal-3217	347	9	playing	playing	NOUN
cjal-3217	347	10	field	field	NOUN
cjal-3217	347	11	,	,	PUNCT
cjal-3217	347	12	china	china	PROPN
cjal-3217	347	13	daily	daily	PROPN
cjal-3217	347	14	,	,	PUNCT
cjal-3217	347	15	oct	oct	PROPN
cjal-3217	347	16	.	.	PROPN
cjal-3217	347	17	,	,	PUNCT
cjal-3217	347	18	31	31	NUM
cjal-3217	347	19	,	,	PUNCT
cjal-3217	347	20	2000	2000	NUM
cjal-3217	347	21	,	,	PUNCT
cjal-3217	347	22	at	at	ADP
cjal-3217	347	23	1	1	NUM
cjal-3217	347	24	;	;	PUNCT
cjal-3217	347	25	yuan	yuan	NOUN
cjal-3217	347	26	jianan	jianan	PROPN
cjal-3217	347	27	,	,	PUNCT
cjal-3217	347	28	new	new	ADJ
cjal-3217	347	29	development	development	NOUN
cjal-3217	347	30	in	in	ADP
cjal-3217	347	31	regulations	regulation	NOUN
cjal-3217	347	32	and	and	CCONJ
cjal-3217	347	33	policies	policy	NOUN
cjal-3217	347	34	of	of	ADP
cjal-3217	347	35	the	the	DET
cjal-3217	347	36	prc	prc	PROPN
cjal-3217	347	37	regarding	regard	VERB
cjal-3217	347	38	foreign	foreign	ADJ
cjal-3217	347	39	investment	investment	NOUN
cjal-3217	347	40	,	,	PUNCT
cjal-3217	347	41	china	china	PROPN
cjal-3217	347	42	law	law	NOUN
cjal-3217	347	43	update	update	NOUN
cjal-3217	347	44	,	,	PUNCT
cjal-3217	347	45	may	may	PROPN
cjal-3217	347	46	2000	2000	NUM
cjal-3217	347	47	,	,	PUNCT
cjal-3217	347	48	at	at	ADP
cjal-3217	347	49	24	24	NUM
cjal-3217	347	50	;	;	PUNCT
cjal-3217	347	51	sally	sally	PROPN
cjal-3217	347	52	harpole	harpole	PROPN
cjal-3217	347	53	,	,	PUNCT
cjal-3217	347	54	new	new	ADJ
cjal-3217	347	55	regulations	regulation	NOUN
cjal-3217	347	56	clear	clear	VERB
cjal-3217	347	57	the	the	DET
cjal-3217	347	58	path	path	NOUN
cjal-3217	347	59	for	for	ADP
cjal-3217	347	60	investments	investment	NOUN
cjal-3217	347	61	by	by	ADP
cjal-3217	347	62	fie	fie	PROPN
cjal-3217	347	63	's	's	PART
cjal-3217	347	64	,	,	PUNCT
cjal-3217	347	65	china	china	PROPN
cjal-3217	347	66	law	law	NOUN
cjal-3217	347	67	update	update	NOUN
cjal-3217	347	68	,	,	PUNCT
cjal-3217	347	69	sept	sept	PROPN
cjal-3217	347	70	.	.	PROPN
cjal-3217	347	71	2000	2000	NUM
cjal-3217	347	72	,	,	PUNCT
cjal-3217	347	73	at	at	ADP
cjal-3217	347	74	1	1	NUM
cjal-3217	347	75	.	.	PUNCT
cjal-3217	348	1	these	these	DET
cjal-3217	348	2	articles	article	NOUN
cjal-3217	348	3	discuss	discuss	VERB
cjal-3217	348	4	the	the	DET
cjal-3217	348	5	opinion	opinion	NOUN
cjal-3217	348	6	on	on	ADP
cjal-3217	348	7	further	far	ADV
cjal-3217	348	8	encouraging	encourage	VERB
cjal-3217	348	9	foreign	foreign	ADJ
cjal-3217	348	10	investment	investment	NOUN
cjal-3217	348	11	(	(	PUNCT
cjal-3217	348	12	aug	aug	PROPN
cjal-3217	348	13	.	.	PROPN
cjal-3217	348	14	20	20	NUM
cjal-3217	348	15	,	,	PUNCT
cjal-3217	348	16	1999	1999	NUM
cjal-3217	348	17	)	)	PUNCT
cjal-3217	348	18	and	and	CCONJ
cjal-3217	348	19	the	the	DET
cjal-3217	348	20	provisional	provisional	ADJ
cjal-3217	348	21	regulations	regulation	NOUN
cjal-3217	348	22	on	on	ADP
cjal-3217	348	23	investment	investment	NOUN
cjal-3217	348	24	inside	inside	ADP
cjal-3217	348	25	china	china	PROPN
cjal-3217	348	26	by	by	ADP
cjal-3217	348	27	fie	fie	PROPN
cjal-3217	348	28	's	's	PART
cjal-3217	348	29	(	(	PUNCT
cjal-3217	348	30	sept	sept	PROPN
cjal-3217	348	31	.	.	PROPN
cjal-3217	348	32	1	1	NUM
cjal-3217	348	33	,	,	PUNCT
cjal-3217	348	34	2000	2000	NUM
cjal-3217	348	35	)	)	PUNCT
cjal-3217	348	36	.	.	PUNCT
cjal-3217	349	1	they	they	PRON
cjal-3217	349	2	focus	focus	VERB
cjal-3217	349	3	on	on	ADP
cjal-3217	349	4	taxation	taxation	NOUN
cjal-3217	349	5	benefits	benefit	NOUN
cjal-3217	349	6	,	,	PUNCT
cjal-3217	349	7	financial	financial	ADJ
cjal-3217	349	8	support	support	NOUN
cjal-3217	349	9	,	,	PUNCT
cjal-3217	349	10	lifting	lift	VERB
cjal-3217	349	11	investment	investment	NOUN
cjal-3217	349	12	restrictions	restriction	NOUN
cjal-3217	349	13	,	,	PUNCT
cjal-3217	349	14	and	and	CCONJ
cjal-3217	349	15	improving	improve	VERB
cjal-3217	349	16	the	the	DET
cjal-3217	349	17	foreign	foreign	ADJ
cjal-3217	349	18	investment	investment	NOUN
cjal-3217	349	19	administration	administration	NOUN
cjal-3217	349	20	.	.	PUNCT
cjal-3217	350	1	130	130	NUM
cjal-3217	350	2	see	see	VERB
cjal-3217	350	3	harpole	harpole	NOUN
cjal-3217	350	4	,	,	PUNCT
cjal-3217	350	5	supra	supra	PROPN
cjal-3217	350	6	note	note	NOUN
cjal-3217	350	7	129	129	NUM
cjal-3217	350	8	,	,	PUNCT
cjal-3217	350	9	at	at	ADP
cjal-3217	350	10	1	1	NUM
cjal-3217	350	11	.	.	NOUN
cjal-3217	350	12	2002	2002	NUM
cjal-3217	350	13	]	]	PUNCT
cjal-3217	350	14	columbia	columbia	PROPN
cjal-3217	350	15	journal	journal	PROPN
cjal-3217	350	16	of	of	ADP
cjal-3217	350	17	asian	asian	PROPN
cjal-3217	350	18	la	la	PROPN
cjal-3217	350	19	w	w	PROPN
cjal-3217	350	20	opportunities	opportunity	NOUN
cjal-3217	350	21	.	.	PUNCT
cjal-3217	351	1	'3	'3	VERB
cjal-3217	351	2	the	the	DET
cjal-3217	351	3	board	board	NOUN
cjal-3217	351	4	may	may	AUX
cjal-3217	351	5	allow	allow	VERB
cjal-3217	351	6	sales	sale	NOUN
cjal-3217	351	7	of	of	ADP
cjal-3217	351	8	company	company	NOUN
cjal-3217	351	9	shares	share	NOUN
cjal-3217	351	10	before	before	SCONJ
cjal-3217	351	11	the	the	DET
cjal-3217	351	12	companies	company	NOUN
cjal-3217	351	13	are	be	AUX
cjal-3217	351	14	profitable	profitable	ADJ
cjal-3217	351	15	and	and	CCONJ
cjal-3217	351	16	permit	permit	VERB
cjal-3217	351	17	companies	company	NOUN
cjal-3217	351	18	to	to	PART
cjal-3217	351	19	float	float	VERB
cjal-3217	351	20	all	all	PRON
cjal-3217	351	21	of	of	ADP
cjal-3217	351	22	their	their	PRON
cjal-3217	351	23	shares	share	NOUN
cjal-3217	351	24	.	.	PUNCT
cjal-3217	352	1	32	32	NUM
cjal-3217	352	2	some	some	PRON
cjal-3217	352	3	have	have	AUX
cjal-3217	352	4	even	even	ADV
cjal-3217	352	5	suggested	suggest	VERB
cjal-3217	352	6	the	the	DET
cjal-3217	352	7	birth	birth	NOUN
cjal-3217	352	8	of	of	ADP
cjal-3217	352	9	an	an	DET
cjal-3217	352	10	asian	asian	ADJ
cjal-3217	352	11	regional	regional	ADJ
cjal-3217	352	12	exchange	exchange	NOUN
cjal-3217	352	13	in	in	ADP
cjal-3217	352	14	which	which	PRON
cjal-3217	352	15	china	china	PROPN
cjal-3217	352	16	might	might	AUX
cjal-3217	352	17	participate	participate	VERB
cjal-3217	352	18	.	.	PUNCT
cjal-3217	353	1	33	33	NUM
cjal-3217	353	2	china	china	PROPN
cjal-3217	353	3	also	also	ADV
cjal-3217	353	4	recently	recently	ADV
cjal-3217	353	5	allowed	allow	VERB
cjal-3217	353	6	foreign	foreign	ADJ
cjal-3217	353	7	investors	investor	NOUN
cjal-3217	353	8	to	to	PART
cjal-3217	353	9	trade	trade	VERB
cjal-3217	353	10	their	their	PRON
cjal-3217	353	11	b	b	NOUN
cjal-3217	353	12	-	-	PUNCT
cjal-3217	353	13	shares	share	NOUN
cjal-3217	353	14	on	on	ADP
cjal-3217	353	15	the	the	DET
cjal-3217	353	16	hard	hard	ADJ
cjal-3217	353	17	currency	currency	NOUN
cjal-3217	353	18	markets	market	NOUN
cjal-3217	353	19	after	after	ADP
cjal-3217	353	20	holding	hold	VERB
cjal-3217	353	21	them	they	PRON
cjal-3217	353	22	for	for	ADP
cjal-3217	353	23	three	three	NUM
cjal-3217	353	24	years	year	NOUN
cjal-3217	353	25	if	if	SCONJ
cjal-3217	353	26	they	they	PRON
cjal-3217	353	27	qualified	qualify	VERB
cjal-3217	353	28	as	as	ADP
cjal-3217	353	29	founding	found	VERB
cjal-3217	353	30	investors	investor	NOUN
cjal-3217	353	31	.	.	PUNCT
cjal-3217	354	1	"	"	PUNCT
cjal-3217	354	2	'	'	PUNCT
cjal-3217	354	3	non	non	NOUN
cjal-3217	354	4	-	-	NOUN
cjal-3217	354	5	founders	founder	NOUN
cjal-3217	354	6	also	also	ADV
cjal-3217	354	7	can	can	AUX
cjal-3217	354	8	trade	trade	VERB
cjal-3217	354	9	with	with	ADP
cjal-3217	354	10	csrc	csrc	PROPN
cjal-3217	354	11	approval	approval	NOUN
cjal-3217	354	12	.	.	PUNCT
cjal-3217	355	1	"	"	PUNCT
cjal-3217	355	2	'	'	PUNCT
cjal-3217	355	3	moreover	moreover	ADV
cjal-3217	355	4	,	,	PUNCT
cjal-3217	355	5	foreign	foreign	ADJ
cjal-3217	355	6	investors	investor	NOUN
cjal-3217	355	7	may	may	AUX
cjal-3217	355	8	be	be	AUX
cjal-3217	355	9	able	able	ADJ
cjal-3217	355	10	to	to	PART
cjal-3217	355	11	list	list	VERB
cjal-3217	355	12	their	their	PRON
cjal-3217	355	13	shares	share	NOUN
cjal-3217	355	14	on	on	ADP
cjal-3217	355	15	the	the	DET
cjal-3217	355	16	ashares	ashare	NOUN
cjal-3217	355	17	market	market	NOUN
cjal-3217	355	18	.	.	PUNCT
cjal-3217	356	1	'36	'36	NUM
cjal-3217	356	2	foreign	foreign	ADJ
cjal-3217	356	3	investors	investor	NOUN
cjal-3217	356	4	might	might	AUX
cjal-3217	356	5	even	even	ADV
cjal-3217	356	6	see	see	VERB
cjal-3217	356	7	the	the	DET
cjal-3217	356	8	two	two	NUM
cjal-3217	356	9	classes	class	NOUN
cjal-3217	356	10	of	of	ADP
cjal-3217	356	11	shares	share	NOUN
cjal-3217	356	12	merge	merge	VERB
cjal-3217	356	13	,	,	PUNCT
cjal-3217	356	14	which	which	PRON
cjal-3217	356	15	would	would	AUX
cjal-3217	356	16	greatly	greatly	ADV
cjal-3217	356	17	increase	increase	VERB
cjal-3217	356	18	liquidity	liquidity	NOUN
cjal-3217	356	19	and	and	CCONJ
cjal-3217	356	20	improve	improve	VERB
cjal-3217	356	21	exit	exit	NOUN
cjal-3217	356	22	options	option	NOUN
cjal-3217	356	23	further	far	ADV
cjal-3217	356	24	.	.	PUNCT
cjal-3217	357	1	'37	'37	NUM
cjal-3217	357	2	d.	d.	PROPN
cjal-3217	357	3	local	local	ADJ
cjal-3217	357	4	efforts	effort	NOUN
cjal-3217	357	5	in	in	ADP
cjal-3217	357	6	addition	addition	NOUN
cjal-3217	357	7	to	to	ADP
cjal-3217	357	8	national	national	ADJ
cjal-3217	357	9	efforts	effort	NOUN
cjal-3217	357	10	,	,	PUNCT
cjal-3217	357	11	local	local	ADJ
cjal-3217	357	12	legislators	legislator	NOUN
cjal-3217	357	13	have	have	AUX
cjal-3217	357	14	been	be	AUX
cjal-3217	357	15	aggressive	aggressive	ADJ
cjal-3217	357	16	in	in	ADP
cjal-3217	357	17	trying	try	VERB
cjal-3217	357	18	to	to	PART
cjal-3217	357	19	attract	attract	VERB
cjal-3217	357	20	funds	fund	NOUN
cjal-3217	357	21	into	into	ADP
cjal-3217	357	22	their	their	PRON
cjal-3217	357	23	own	own	ADJ
cjal-3217	357	24	high	high	ADJ
cjal-3217	357	25	-	-	PUNCT
cjal-3217	357	26	tech	tech	NOUN
cjal-3217	357	27	areas	area	NOUN
cjal-3217	357	28	.	.	PUNCT
cjal-3217	358	1	shenzhen	shenzhen	PROPN
cjal-3217	358	2	,	,	PUNCT
cjal-3217	358	3	home	home	ADV
cjal-3217	358	4	to	to	ADP
cjal-3217	358	5	more	more	ADJ
cjal-3217	358	6	than	than	ADP
cjal-3217	358	7	thirty	thirty	NUM
cjal-3217	358	8	venture	venture	NOUN
cjal-3217	358	9	capital	capital	NOUN
cjal-3217	358	10	investors	investor	NOUN
cjal-3217	358	11	,	,	PUNCT
cjal-3217	358	12	has	have	VERB
cjal-3217	358	13	the	the	DET
cjal-3217	358	14	country	country	NOUN
cjal-3217	358	15	's	's	PART
cjal-3217	358	16	first	first	ADJ
cjal-3217	358	17	ever	ever	ADV
cjal-3217	358	18	set	set	VERB
cjal-3217	358	19	of	of	ADP
cjal-3217	358	20	rules	rule	NOUN
cjal-3217	358	21	directly	directly	ADV
cjal-3217	358	22	addressing	address	VERB
cjal-3217	358	23	venture	venture	NOUN
cjal-3217	358	24	capital	capital	NOUN
cjal-3217	358	25	,	,	PUNCT
cjal-3217	358	26	the	the	DET
cjal-3217	358	27	interim	interim	ADJ
cjal-3217	358	28	regulations	regulation	NOUN
cjal-3217	358	29	on	on	ADP
cjal-3217	358	30	venture	venture	NOUN
cjal-3217	358	31	capital	capital	NOUN
cjal-3217	358	32	investment	investment	NOUN
cjal-3217	358	33	in	in	ADP
cjal-3217	358	34	high	high	ADJ
cjal-3217	358	35	-	-	PUNCT
cjal-3217	358	36	tech	tech	NOUN
cjal-3217	358	37	industries	industry	NOUN
cjal-3217	358	38	.	.	PUNCT
cjal-3217	358	39	'38	'38	NUM
cjal-3217	358	40	in	in	ADP
cjal-3217	358	41	addition	addition	NOUN
cjal-3217	358	42	to	to	ADP
cjal-3217	358	43	the	the	DET
cjal-3217	358	44	vcc	vcc	NOUN
cjal-3217	358	45	format	format	NOUN
cjal-3217	358	46	set	set	VERB
cjal-3217	358	47	out	out	ADP
cjal-3217	358	48	at	at	ADP
cjal-3217	358	49	the	the	DET
cjal-3217	358	50	national	national	ADJ
cjal-3217	358	51	level	level	NOUN
cjal-3217	358	52	in	in	ADP
cjal-3217	358	53	the	the	DET
cjal-3217	358	54	several	several	ADJ
cjal-3217	358	55	opinions	opinion	NOUN
cjal-3217	358	56	,	,	PUNCT
cjal-3217	358	57	these	these	DET
cjal-3217	358	58	regulations	regulation	NOUN
cjal-3217	358	59	are	be	AUX
cjal-3217	358	60	the	the	DET
cjal-3217	358	61	first	first	ADJ
cjal-3217	358	62	to	to	PART
cjal-3217	358	63	provide	provide	VERB
cjal-3217	358	64	specific	specific	ADJ
cjal-3217	358	65	provisions	provision	NOUN
cjal-3217	358	66	regarding	regard	VERB
cjal-3217	358	67	the	the	DET
cjal-3217	358	68	establishment	establishment	NOUN
cjal-3217	358	69	of	of	ADP
cjal-3217	358	70	a	a	DET
cjal-3217	358	71	vcc	vcc	NOUN
cjal-3217	358	72	by	by	ADP
cjal-3217	358	73	foreign	foreign	ADJ
cjal-3217	358	74	investors	investor	NOUN
cjal-3217	358	75	.	.	PUNCT
cjal-3217	358	76	'	'	PUNCT
cjal-3217	359	1	shanghai	shanghai	PROPN
cjal-3217	359	2	also	also	ADV
cjal-3217	359	3	has	have	AUX
cjal-3217	359	4	passed	pass	VERB
cjal-3217	359	5	the	the	DET
cjal-3217	359	6	regulations	regulation	NOUN
cjal-3217	359	7	for	for	ADP
cjal-3217	359	8	encouraging	encourage	VERB
cjal-3217	359	9	the	the	DET
cjal-3217	359	10	assimilation	assimilation	NOUN
cjal-3217	359	11	and	and	CCONJ
cjal-3217	359	12	renovation	renovation	NOUN
cjal-3217	359	13	of	of	ADP
cjal-3217	359	14	imported	import	VERB
cjal-3217	359	15	technology	technology	NOUN
cjal-3217	359	16	,	,	PUNCT
cjal-3217	359	17	offering	offer	VERB
cjal-3217	359	18	financing	finance	VERB
cjal-3217	359	19	131	131	NUM
cjal-3217	359	20	see	see	NOUN
cjal-3217	359	21	smith	smith	PROPN
cjal-3217	359	22	,	,	PUNCT
cjal-3217	359	23	supra	supra	PROPN
cjal-3217	359	24	note	note	PROPN
cjal-3217	359	25	104	104	NUM
cjal-3217	359	26	,	,	PUNCT
cjal-3217	359	27	at	at	ADP
cjal-3217	359	28	1	1	NUM
cjal-3217	359	29	;	;	PUNCT
cjal-3217	359	30	see	see	VERB
cjal-3217	359	31	also	also	ADV
cjal-3217	359	32	dotcoms	dotcom	NOUN
cjal-3217	359	33	enamored	enamored	ADJ
cjal-3217	359	34	with	with	ADP
cjal-3217	359	35	second	second	ADJ
cjal-3217	359	36	board	board	NOUN
cjal-3217	359	37	,	,	PUNCT
cjal-3217	359	38	people	people	NOUN
cjal-3217	359	39	's	's	PART
cjal-3217	359	40	daily	daily	ADJ
cjal-3217	359	41	,	,	PUNCT
cjal-3217	359	42	nov	nov	PROPN
cjal-3217	359	43	.	.	PROPN
cjal-3217	359	44	13	13	NUM
cjal-3217	359	45	,	,	PUNCT
cjal-3217	359	46	2000	2000	NUM
cjal-3217	359	47	.	.	PUNCT
cjal-3217	360	1	132	132	NUM
cjal-3217	360	2	see	see	VERB
cjal-3217	360	3	i	i	PROPN
cjal-3217	360	4	d.	d.	PROPN
cjal-3217	360	5	;	;	PUNCT
cjal-3217	360	6	see	see	VERB
cjal-3217	360	7	also	also	ADV
cjal-3217	360	8	yu	yu	PROPN
cjal-3217	360	9	,	,	PUNCT
cjal-3217	360	10	supra	supra	PROPN
cjal-3217	360	11	note	note	NOUN
cjal-3217	360	12	2	2	NUM
cjal-3217	360	13	.	.	PUNCT
cjal-3217	360	14	'	'	NUM
cjal-3217	360	15	33	33	NUM
cjal-3217	360	16	see	see	VERB
cjal-3217	360	17	asian	asian	ADJ
cjal-3217	360	18	regional	regional	ADJ
cjal-3217	360	19	exchange	exchange	NOUN
cjal-3217	360	20	:	:	PUNCT
cjal-3217	360	21	politically	politically	ADV
cjal-3217	360	22	difficult	difficult	ADJ
cjal-3217	360	23	-	-	PUNCT
cjal-3217	360	24	financially	financially	ADV
cjal-3217	360	25	imperative	imperative	ADJ
cjal-3217	360	26	,	,	PUNCT
cjal-3217	360	27	asian	asian	ADJ
cjal-3217	360	28	venture	venture	NOUN
cjal-3217	360	29	capital	capital	NOUN
cjal-3217	360	30	journal	journal	PROPN
cjal-3217	360	31	,	,	PUNCT
cjal-3217	360	32	jan	jan	PROPN
cjal-3217	360	33	.	.	PROPN
cjal-3217	360	34	1999	1999	NUM
cjal-3217	360	35	,	,	PUNCT
cjal-3217	360	36	at	at	ADP
cjal-3217	360	37	21	21	NUM
cjal-3217	360	38	.	.	PUNCT
cjal-3217	361	1	134	134	NUM
cjal-3217	361	2	see	see	VERB
cjal-3217	361	3	china	china	PROPN
cjal-3217	361	4	gives	give	VERB
cjal-3217	361	5	foreign	foreign	ADJ
cjal-3217	361	6	partners	partner	NOUN
cjal-3217	361	7	b	b	NOUN
cjal-3217	361	8	-	-	PUNCT
cjal-3217	361	9	shares	share	VERB
cjal-3217	361	10	an	an	DET
cjal-3217	361	11	exit	exit	NOUN
cjal-3217	361	12	,	,	PUNCT
cjal-3217	361	13	at	at	ADP
cjal-3217	361	14	http://latelinenews.com/ll/english/	http://latelinenews.com/ll/english/	PROPN
cjal-3217	361	15	102441	102441	NUM
cjal-3217	361	16	l.shtml	l.shtml	PRON
cjal-3217	361	17	(	(	PUNCT
cjal-3217	361	18	dec	dec	PROPN
cjal-3217	361	19	.	.	PROPN
cjal-3217	361	20	1	1	NUM
cjal-3217	361	21	,	,	PUNCT
cjal-3217	361	22	2000	2000	NUM
cjal-3217	361	23	)	)	PUNCT
cjal-3217	361	24	.	.	PUNCT
cjal-3217	362	1	1	1	NUM
cjal-3217	362	2	m	m	NOUN
cjal-3217	362	3	see	see	VERB
cjal-3217	362	4	-id	-id	NOUN
cjal-3217	362	5	.	.	PROPN
cjal-3217	362	6	136	136	NUM
cjal-3217	362	7	see	see	VERB
cjal-3217	362	8	china	china	PROPN
cjal-3217	362	9	takes	take	VERB
cjal-3217	362	10	tentative	tentative	ADJ
cjal-3217	362	11	step	step	NOUN
cjal-3217	362	12	towards	towards	ADP
cjal-3217	362	13	open	open	ADJ
cjal-3217	362	14	capital	capital	NOUN
cjal-3217	362	15	market	market	NOUN
cjal-3217	362	16	,	,	PUNCT
cjal-3217	362	17	asia	asia	PROPN
cjal-3217	362	18	pulse	pulse	NOUN
cjal-3217	362	19	,	,	PUNCT
cjal-3217	362	20	aug	aug	PROPN
cjal-3217	362	21	.	.	PROPN
cjal-3217	362	22	3	3	NUM
cjal-3217	362	23	,	,	PUNCT
cjal-3217	362	24	2000	2000	NUM
cjal-3217	362	25	.	.	PUNCT
cjal-3217	363	1	137	137	NUM
cjal-3217	363	2	see	see	VERB
cjal-3217	363	3	shanghai	shanghai	PROPN
cjal-3217	363	4	b	b	PROPN
cjal-3217	363	5	-	-	PUNCT
cjal-3217	363	6	shares	share	NOUN
cjal-3217	363	7	surge	surge	VERB
cjal-3217	363	8	3.8	3.8	NUM
cjal-3217	363	9	percent	percent	NOUN
cjal-3217	363	10	on	on	ADP
cjal-3217	363	11	renewed	renew	VERB
cjal-3217	363	12	hope	hope	NOUN
cjal-3217	363	13	of	of	ADP
cjal-3217	363	14	merger	merger	NOUN
cjal-3217	363	15	,	,	PUNCT
cjal-3217	363	16	at	at	ADP
cjal-3217	363	17	http://latelinenews.com/11/english/1014761	http://latelinenews.com/11/english/1014761	NOUN
cjal-3217	363	18	.shtml	.shtml	PUNCT
cjal-3217	363	19	(	(	PUNCT
cjal-3217	363	20	nov	nov	PROPN
cjal-3217	363	21	.	.	PROPN
cjal-3217	363	22	3	3	NUM
cjal-3217	363	23	,	,	PUNCT
cjal-3217	363	24	2000	2000	NUM
cjal-3217	363	25	)	)	PUNCT
cjal-3217	363	26	.	.	PUNCT
cjal-3217	363	27	'	'	PUNCT
cjal-3217	364	1	see	see	VERB
cjal-3217	364	2	china	china	PROPN
cjal-3217	364	3	shenzhen	shenzhen	PROPN
cjal-3217	364	4	issue	issue	PROPN
cjal-3217	364	5	first	first	ADJ
cjal-3217	364	6	venture	venture	NOUN
cjal-3217	364	7	capital	capital	NOUN
cjal-3217	364	8	regulations	regulation	NOUN
cjal-3217	364	9	,	,	PUNCT
cjal-3217	364	10	chinaonline	chinaonline	NOUN
cjal-3217	364	11	,	,	PUNCT
cjal-3217	364	12	oct	oct	PROPN
cjal-3217	364	13	.	.	PROPN
cjal-3217	364	14	17	17	NUM
cjal-3217	364	15	,	,	PUNCT
cjal-3217	364	16	2000	2000	NUM
cjal-3217	364	17	.	.	PUNCT
cjal-3217	365	1	passed	pass	VERB
cjal-3217	365	2	by	by	ADP
cjal-3217	365	3	the	the	DET
cjal-3217	365	4	shenzhen	shenzhen	PROPN
cjal-3217	365	5	municipal	municipal	ADJ
cjal-3217	365	6	government	government	NOUN
cjal-3217	365	7	on	on	ADP
cjal-3217	365	8	october	october	PROPN
cjal-3217	365	9	14	14	NUM
cjal-3217	365	10	,	,	PUNCT
cjal-3217	365	11	2000	2000	NUM
cjal-3217	365	12	,	,	PUNCT
cjal-3217	365	13	the	the	DET
cjal-3217	365	14	shenzhen	shenzhen	PROPN
cjal-3217	365	15	association	association	PROPN
cjal-3217	365	16	of	of	ADP
cjal-3217	365	17	venture	venture	PROPN
cjal-3217	365	18	capital	capital	NOUN
cjal-3217	365	19	investors	investor	NOUN
cjal-3217	365	20	,	,	PUNCT
cjal-3217	365	21	a	a	DET
cjal-3217	365	22	fifty	fifty	NUM
cjal-3217	365	23	-	-	PUNCT
cjal-3217	365	24	five	five	NUM
cjal-3217	365	25	-	-	PUNCT
cjal-3217	365	26	member	member	NOUN
cjal-3217	365	27	board	board	NOUN
cjal-3217	365	28	,	,	PUNCT
cjal-3217	365	29	will	will	AUX
cjal-3217	365	30	provide	provide	VERB
cjal-3217	365	31	oversight	oversight	NOUN
cjal-3217	365	32	and	and	CCONJ
cjal-3217	365	33	discipline	discipline	NOUN
cjal-3217	365	34	to	to	ADP
cjal-3217	365	35	the	the	DET
cjal-3217	365	36	project	project	NOUN
cjal-3217	365	37	.	.	PUNCT
cjal-3217	366	1	lower	low	ADJ
cjal-3217	366	2	entry	entry	NOUN
cjal-3217	366	3	requirements	requirement	NOUN
cjal-3217	366	4	,	,	PUNCT
cjal-3217	366	5	clearly	clearly	ADV
cjal-3217	366	6	listed	list	VERB
cjal-3217	366	7	qualification	qualification	NOUN
cjal-3217	366	8	procedures	procedure	NOUN
cjal-3217	366	9	,	,	PUNCT
cjal-3217	366	10	and	and	CCONJ
cjal-3217	366	11	preferential	preferential	ADJ
cjal-3217	366	12	treatment	treatment	NOUN
cjal-3217	366	13	offered	offer	VERB
cjal-3217	366	14	to	to	ADP
cjal-3217	366	15	high	high	ADJ
cjal-3217	366	16	-	-	PUNCT
cjal-3217	366	17	tech	tech	NOUN
cjal-3217	366	18	enterprises	enterprise	NOUN
cjal-3217	366	19	is	be	AUX
cjal-3217	366	20	granted	grant	VERB
cjal-3217	366	21	to	to	PART
cjal-3217	366	22	venture	venture	VERB
cjal-3217	366	23	capital	capital	NOUN
cjal-3217	366	24	firms	firm	NOUN
cjal-3217	366	25	when	when	SCONJ
cjal-3217	366	26	they	they	PRON
cjal-3217	366	27	take	take	VERB
cjal-3217	366	28	a	a	DET
cjal-3217	366	29	70	70	NUM
cjal-3217	366	30	%	%	NOUN
cjal-3217	366	31	or	or	CCONJ
cjal-3217	366	32	more	more	ADJ
cjal-3217	366	33	stake	stake	NOUN
cjal-3217	366	34	in	in	ADP
cjal-3217	366	35	start	start	NOUN
cjal-3217	366	36	-	-	PUNCT
cjal-3217	366	37	up	up	ADP
cjal-3217	366	38	companies	company	NOUN
cjal-3217	366	39	.	.	PUNCT
cjal-3217	367	1	venture	venture	NOUN
cjal-3217	367	2	capitalists	capitalist	NOUN
cjal-3217	367	3	incorporated	incorporate	VERB
cjal-3217	367	4	as	as	ADP
cjal-3217	367	5	limited	limited	ADJ
cjal-3217	367	6	liability	liability	NOUN
cjal-3217	367	7	companies	company	NOUN
cjal-3217	367	8	must	must	AUX
cjal-3217	367	9	have	have	VERB
cjal-3217	367	10	us$3.6	us$3.6	ADJ
cjal-3217	367	11	million	million	NUM
cjal-3217	367	12	in	in	ADP
cjal-3217	367	13	registered	register	VERB
cjal-3217	367	14	capital	capital	NOUN
cjal-3217	367	15	and	and	CCONJ
cjal-3217	367	16	joint	joint	ADJ
cjal-3217	367	17	stock	stock	NOUN
cjal-3217	367	18	companies	company	NOUN
cjal-3217	367	19	must	must	AUX
cjal-3217	367	20	have	have	VERB
cjal-3217	367	21	us$6.04	us$6.04	NOUN
cjal-3217	367	22	million	million	NUM
cjal-3217	367	23	.	.	PUNCT
cjal-3217	368	1	the	the	DET
cjal-3217	368	2	regulations	regulation	NOUN
cjal-3217	368	3	also	also	ADV
cjal-3217	368	4	provide	provide	VERB
cjal-3217	368	5	for	for	ADP
cjal-3217	368	6	a	a	DET
cjal-3217	368	7	venture	venture	NOUN
cjal-3217	368	8	capital	capital	NOUN
cjal-3217	368	9	management	management	NOUN
cjal-3217	368	10	company	company	NOUN
cjal-3217	368	11	,	,	PUNCT
cjal-3217	368	12	which	which	PRON
cjal-3217	368	13	requires	require	VERB
cjal-3217	368	14	only	only	ADV
cjal-3217	368	15	us$120,000	us$120,000	NUM
cjal-3217	368	16	in	in	ADP
cjal-3217	368	17	registered	register	VERB
cjal-3217	368	18	capital	capital	NOUN
cjal-3217	368	19	.	.	PUNCT
cjal-3217	369	1	the	the	DET
cjal-3217	369	2	rules	rule	NOUN
cjal-3217	369	3	ban	ban	VERB
cjal-3217	369	4	venture	venture	NOUN
cjal-3217	369	5	capitalists	capitalist	NOUN
cjal-3217	369	6	from	from	ADP
cjal-3217	369	7	the	the	DET
cjal-3217	369	8	banking	banking	NOUN
cjal-3217	369	9	trade	trade	NOUN
cjal-3217	369	10	.	.	PUNCT
cjal-3217	370	1	139	139	NUM
cjal-3217	370	2	see	see	VERB
cjal-3217	370	3	joachim	joachim	PROPN
cjal-3217	370	4	glatter	glatter	PROPN
cjal-3217	370	5	et	et	PROPN
cjal-3217	370	6	al	al	PROPN
cjal-3217	370	7	.	.	PROPN
cjal-3217	370	8	,	,	PUNCT
cjal-3217	370	9	shenzhen	shenzhen	PROPN
cjal-3217	370	10	leads	lead	VERB
cjal-3217	370	11	the	the	DET
cjal-3217	370	12	way	way	NOUN
cjal-3217	370	13	in	in	ADP
cjal-3217	370	14	venture	venture	NOUN
cjal-3217	370	15	capital	capital	NOUN
cjal-3217	370	16	,	,	PUNCT
cjal-3217	370	17	china	china	PROPN
cjal-3217	370	18	law	law	PROPN
cjal-3217	370	19	&	&	CCONJ
cjal-3217	370	20	practice	practice	PROPN
cjal-3217	370	21	54	54	NUM
cjal-3217	370	22	,	,	PUNCT
cjal-3217	370	23	nov	nov	PROPN
cjal-3217	370	24	.	.	PROPN
cjal-3217	370	25	2000	2000	NUM
cjal-3217	370	26	(	(	PUNCT
cjal-3217	370	27	noting	note	VERB
cjal-3217	370	28	that	that	SCONJ
cjal-3217	370	29	article	article	NOUN
cjal-3217	370	30	8	8	NUM
cjal-3217	370	31	of	of	ADP
cjal-3217	370	32	the	the	DET
cjal-3217	370	33	interim	interim	ADJ
cjal-3217	370	34	regulations	regulation	NOUN
cjal-3217	370	35	recognize	recognize	VERB
cjal-3217	370	36	whollyforeign	whollyforeign	NOUN
cjal-3217	370	37	owned	own	VERB
cjal-3217	370	38	vccs	vccs	NOUN
cjal-3217	370	39	and	and	CCONJ
cjal-3217	370	40	equity	equity	NOUN
cjal-3217	370	41	joint	joint	PROPN
cjal-3217	370	42	venture	venture	PROPN
cjal-3217	370	43	vccs	vccs	PROPN
cjal-3217	370	44	)	)	PUNCT
cjal-3217	370	45	.	.	PUNCT
cjal-3217	371	1	[	[	X
cjal-3217	371	2	16:1	16:1	NUM
cjal-3217	371	3	venture	venture	NOUN
cjal-3217	371	4	capital	capital	NOUN
cjal-3217	371	5	in	in	ADP
cjal-3217	371	6	china	china	PROPN
cjal-3217	371	7	alternatives	alternative	NOUN
cjal-3217	371	8	and	and	CCONJ
cjal-3217	371	9	government	government	NOUN
cjal-3217	371	10	support	support	NOUN
cjal-3217	371	11	to	to	PART
cjal-3217	371	12	venture	venture	VERB
cjal-3217	371	13	capitalists	capitalist	NOUN
cjal-3217	371	14	.	.	PUNCT
cjal-3217	372	1	'4	'4	PROPN
cjal-3217	372	2	°	°	PROPN
cjal-3217	372	3	xi'an	xi'an	PROPN
cjal-3217	372	4	has	have	AUX
cjal-3217	372	5	added	add	VERB
cjal-3217	372	6	itself	itself	PRON
cjal-3217	372	7	to	to	ADP
cjal-3217	372	8	the	the	DET
cjal-3217	372	9	regional	regional	ADJ
cjal-3217	372	10	efforts	effort	NOUN
cjal-3217	372	11	list	list	NOUN
cjal-3217	372	12	as	as	ADV
cjal-3217	372	13	well	well	ADV
cjal-3217	372	14	,	,	PUNCT
cjal-3217	372	15	enacting	enact	VERB
cjal-3217	372	16	preferential	preferential	ADJ
cjal-3217	372	17	venture	venture	NOUN
cjal-3217	372	18	capital	capital	NOUN
cjal-3217	372	19	policies	policy	NOUN
cjal-3217	372	20	that	that	PRON
cjal-3217	372	21	provide	provide	VERB
cjal-3217	372	22	for	for	ADP
cjal-3217	372	23	reduced	reduced	ADJ
cjal-3217	372	24	capital	capital	NOUN
cjal-3217	372	25	investment	investment	NOUN
cjal-3217	372	26	requirements	requirement	NOUN
cjal-3217	372	27	to	to	PART
cjal-3217	372	28	establish	establish	VERB
cjal-3217	372	29	a	a	DET
cjal-3217	372	30	limited	limited	ADJ
cjal-3217	372	31	liability	liability	NOUN
cjal-3217	372	32	company	company	NOUN
cjal-3217	372	33	,	,	PUNCT
cjal-3217	372	34	streamlined	streamline	VERB
cjal-3217	372	35	registration	registration	NOUN
cjal-3217	372	36	procedures	procedure	NOUN
cjal-3217	372	37	,	,	PUNCT
cjal-3217	372	38	and	and	CCONJ
cjal-3217	372	39	tax	tax	NOUN
cjal-3217	372	40	incentives	incentive	NOUN
cjal-3217	372	41	.	.	PUNCT
cjal-3217	373	1	'41	'41	NUM
cjal-3217	373	2	about	about	ADV
cjal-3217	373	3	ten	ten	NUM
cjal-3217	373	4	other	other	ADJ
cjal-3217	373	5	provincial	provincial	ADJ
cjal-3217	373	6	governments	government	NOUN
cjal-3217	373	7	have	have	AUX
cjal-3217	373	8	passed	pass	VERB
cjal-3217	373	9	their	their	PRON
cjal-3217	373	10	own	own	ADJ
cjal-3217	373	11	similar	similar	ADJ
cjal-3217	373	12	legislation	legislation	NOUN
cjal-3217	373	13	as	as	ADP
cjal-3217	373	14	well.142	well.142	PROPN
cjal-3217	373	15	v.	v.	ADP
cjal-3217	373	16	lessons	lesson	NOUN
cjal-3217	373	17	from	from	ADP
cjal-3217	373	18	abroad	abroad	ADV
cjal-3217	373	19	a.	a.	NOUN
cjal-3217	373	20	the	the	DET
cjal-3217	373	21	united	united	PROPN
cjal-3217	373	22	states	states	PROPN
cjal-3217	373	23	venture	venture	NOUN
cjal-3217	373	24	capital	capital	NOUN
cjal-3217	373	25	thrives	thrive	VERB
cjal-3217	373	26	in	in	ADP
cjal-3217	373	27	the	the	DET
cjal-3217	373	28	united	united	PROPN
cjal-3217	373	29	states	states	PROPN
cjal-3217	373	30	because	because	SCONJ
cjal-3217	373	31	of	of	ADP
cjal-3217	373	32	five	five	NUM
cjal-3217	373	33	prevalent	prevalent	ADJ
cjal-3217	373	34	elements	element	NOUN
cjal-3217	373	35	.	.	PUNCT
cjal-3217	373	36	'	'	PUNCT
cjal-3217	374	1	3	3	NUM
cjal-3217	374	2	with	with	ADP
cjal-3217	374	3	regard	regard	NOUN
cjal-3217	374	4	to	to	ADP
cjal-3217	374	5	capital	capital	NOUN
cjal-3217	374	6	formation	formation	NOUN
cjal-3217	374	7	,	,	PUNCT
cjal-3217	374	8	the	the	DET
cjal-3217	374	9	u.s	u.s	PROPN
cjal-3217	374	10	.	.	PROPN
cjal-3217	374	11	has	have	AUX
cjal-3217	374	12	large	large	ADJ
cjal-3217	374	13	amounts	amount	NOUN
cjal-3217	374	14	of	of	ADP
cjal-3217	374	15	pension	pension	NOUN
cjal-3217	374	16	funding	funding	NOUN
cjal-3217	374	17	invested	invest	VERB
cjal-3217	374	18	in	in	ADP
cjal-3217	374	19	interests	interest	NOUN
cjal-3217	374	20	independent	independent	ADJ
cjal-3217	374	21	from	from	ADP
cjal-3217	374	22	government	government	NOUN
cjal-3217	374	23	and	and	CCONJ
cjal-3217	374	24	corporate	corporate	ADJ
cjal-3217	374	25	concerns	concern	NOUN
cjal-3217	374	26	thanks	thank	NOUN
cjal-3217	374	27	to	to	ADP
cjal-3217	374	28	loosened	loosen	VERB
cjal-3217	374	29	regulations	regulation	NOUN
cjal-3217	374	30	under	under	ADP
cjal-3217	374	31	the	the	DET
cjal-3217	374	32	employee	employee	NOUN
cjal-3217	374	33	retirement	retirement	PROPN
cjal-3217	374	34	income	income	PROPN
cjal-3217	374	35	security	security	PROPN
cjal-3217	374	36	act	act	PROPN
cjal-3217	374	37	(	(	PUNCT
cjal-3217	374	38	erisa	erisa	NOUN
cjal-3217	374	39	)	)	PUNCT
cjal-3217	374	40	.	.	PUNCT
cjal-3217	374	41	'	'	PUNCT
cjal-3217	374	42	"	"	PUNCT
cjal-3217	374	43	as	as	ADP
cjal-3217	374	44	for	for	ADP
cjal-3217	374	45	entry	entry	NOUN
cjal-3217	374	46	,	,	PUNCT
cjal-3217	374	47	incentives	incentive	NOUN
cjal-3217	374	48	include	include	VERB
cjal-3217	374	49	flow	flow	NOUN
cjal-3217	374	50	-	-	PUNCT
cjal-3217	374	51	through	through	ADP
cjal-3217	374	52	taxation	taxation	NOUN
cjal-3217	374	53	structures	structure	NOUN
cjal-3217	374	54	like	like	ADP
cjal-3217	374	55	partnerships	partnership	NOUN
cjal-3217	374	56	,	,	PUNCT
cjal-3217	374	57	llcs	llcs	NOUN
cjal-3217	374	58	and	and	CCONJ
cjal-3217	374	59	reduced	reduce	VERB
cjal-3217	374	60	capital	capital	NOUN
cjal-3217	374	61	gains	gain	NOUN
cjal-3217	374	62	tax	tax	NOUN
cjal-3217	374	63	.	.	PUNCT
cjal-3217	375	1	'45	'45	NUM
cjal-3217	375	2	contractual	contractual	ADJ
cjal-3217	375	3	arrangements	arrangement	NOUN
cjal-3217	375	4	that	that	PRON
cjal-3217	375	5	are	be	AUX
cjal-3217	375	6	unique	unique	ADJ
cjal-3217	375	7	to	to	AUX
cjal-3217	375	8	venture	venture	VERB
cjal-3217	375	9	capital	capital	NOUN
cjal-3217	375	10	and	and	CCONJ
cjal-3217	375	11	minimize	minimize	VERB
cjal-3217	375	12	risk'46	risk'46	NOUN
cjal-3217	375	13	are	be	AUX
cjal-3217	375	14	also	also	ADV
cjal-3217	375	15	available	available	ADJ
cjal-3217	375	16	and	and	CCONJ
cjal-3217	375	17	140	140	NUM
cjal-3217	375	18	see	see	VERB
cjal-3217	375	19	wei	wei	PROPN
cjal-3217	375	20	and	and	CCONJ
cjal-3217	375	21	sun	sun	PROPN
cjal-3217	375	22	,	,	PUNCT
cjal-3217	375	23	supra	supra	PROPN
cjal-3217	375	24	note	note	PROPN
cjal-3217	375	25	86	86	NUM
cjal-3217	375	26	,	,	PUNCT
cjal-3217	375	27	at	at	ADP
cjal-3217	375	28	15	15	NUM
cjal-3217	375	29	.	.	NOUN
cjal-3217	375	30	141	141	NUM
cjal-3217	375	31	see	see	NOUN
cjal-3217	375	32	threshold	threshold	NOUN
cjal-3217	375	33	for	for	ADP
cjal-3217	375	34	venture	venture	NOUN
cjal-3217	375	35	capital	capital	NOUN
cjal-3217	375	36	investment	investment	NOUN
cjal-3217	375	37	lowered	lower	VERB
cjal-3217	375	38	in	in	ADP
cjal-3217	375	39	xi'an	xi'an	PROPN
cjal-3217	375	40	,	,	PUNCT
cjal-3217	375	41	chinaonline	chinaonline	PROPN
cjal-3217	375	42	,	,	PUNCT
cjal-3217	375	43	jan	jan	PROPN
cjal-3217	375	44	.	.	PROPN
cjal-3217	375	45	10	10	NUM
cjal-3217	375	46	,	,	PUNCT
cjal-3217	375	47	2001	2001	NUM
cjal-3217	375	48	.	.	PUNCT
cjal-3217	376	1	total	total	ADJ
cjal-3217	376	2	investment	investment	NOUN
cjal-3217	376	3	need	need	AUX
cjal-3217	376	4	only	only	ADV
cjal-3217	376	5	be	be	AUX
cjal-3217	376	6	around	around	ADV
cjal-3217	376	7	us$60,000	us$60,000	PROPN
cjal-3217	376	8	to	to	PART
cjal-3217	376	9	establish	establish	VERB
cjal-3217	376	10	an	an	DET
cjal-3217	376	11	llc	llc	NOUN
cjal-3217	376	12	.	.	PUNCT
cjal-3217	377	1	this	this	PRON
cjal-3217	377	2	is	be	AUX
cjal-3217	377	3	significantly	significantly	ADV
cjal-3217	377	4	lower	low	ADJ
cjal-3217	377	5	than	than	ADP
cjal-3217	377	6	the	the	DET
cjal-3217	377	7	thresholds	threshold	NOUN
cjal-3217	377	8	of	of	ADP
cjal-3217	377	9	us$1.2	us$1.2	NOUN
cjal-3217	377	10	million	million	NUM
cjal-3217	377	11	for	for	ADP
cjal-3217	377	12	domestic	domestic	ADJ
cjal-3217	377	13	investors	investor	NOUN
cjal-3217	377	14	and	and	CCONJ
cjal-3217	377	15	us$30	us$30	ADV
cjal-3217	377	16	million	million	NUM
cjal-3217	377	17	for	for	ADP
cjal-3217	377	18	foreign	foreign	ADJ
cjal-3217	377	19	investors	investor	NOUN
cjal-3217	377	20	found	find	VERB
cjal-3217	377	21	in	in	ADP
cjal-3217	377	22	other	other	ADJ
cjal-3217	377	23	parts	part	NOUN
cjal-3217	377	24	of	of	ADP
cjal-3217	377	25	china	china	PROPN
cjal-3217	377	26	.	.	PUNCT
cjal-3217	378	1	if	if	SCONJ
cjal-3217	378	2	more	more	ADJ
cjal-3217	378	3	than	than	ADP
cjal-3217	378	4	half	half	NOUN
cjal-3217	378	5	of	of	ADP
cjal-3217	378	6	the	the	DET
cjal-3217	378	7	venture	venture	NOUN
cjal-3217	378	8	capitalists	capitalist	NOUN
cjal-3217	378	9	'	'	PART
cjal-3217	378	10	income	income	NOUN
cjal-3217	378	11	comes	come	VERB
cjal-3217	378	12	from	from	ADP
cjal-3217	378	13	investments	investment	NOUN
cjal-3217	378	14	the	the	DET
cjal-3217	378	15	venture	venture	NOUN
cjal-3217	378	16	capitalist	capitalist	NOUN
cjal-3217	378	17	is	be	AUX
cjal-3217	378	18	exempt	exempt	ADJ
cjal-3217	378	19	from	from	ADP
cjal-3217	378	20	enterprise	enterprise	NOUN
cjal-3217	378	21	income	income	NOUN
cjal-3217	378	22	tax	tax	NOUN
cjal-3217	378	23	for	for	ADP
cjal-3217	378	24	two	two	NUM
cjal-3217	378	25	years	year	NOUN
cjal-3217	378	26	following	follow	VERB
cjal-3217	378	27	its	its	PRON
cjal-3217	378	28	first	first	ADJ
cjal-3217	378	29	profitable	profitable	ADJ
cjal-3217	378	30	year	year	NOUN
cjal-3217	378	31	.	.	PUNCT
cjal-3217	379	1	142	142	NUM
cjal-3217	379	2	interview	interview	NOUN
cjal-3217	379	3	with	with	ADP
cjal-3217	379	4	dr	dr	PROPN
cjal-3217	379	5	.	.	PROPN
cjal-3217	379	6	guanghua	guanghua	PROPN
cjal-3217	379	7	yu	yu	PROPN
cjal-3217	379	8	,	,	PUNCT
cjal-3217	379	9	professor	professor	NOUN
cjal-3217	379	10	of	of	ADP
cjal-3217	379	11	company	company	NOUN
cjal-3217	379	12	and	and	CCONJ
cjal-3217	379	13	securities	security	NOUN
cjal-3217	379	14	law	law	NOUN
cjal-3217	379	15	in	in	ADP
cjal-3217	379	16	the	the	DET
cjal-3217	379	17	prc	prc	PROPN
cjal-3217	379	18	,	,	PUNCT
cjal-3217	379	19	university	university	NOUN
cjal-3217	379	20	of	of	ADP
cjal-3217	379	21	hong	hong	PROPN
cjal-3217	379	22	kong	kong	PROPN
cjal-3217	379	23	,	,	PUNCT
cjal-3217	379	24	in	in	ADP
cjal-3217	379	25	hong	hong	PROPN
cjal-3217	379	26	kong	kong	PROPN
cjal-3217	379	27	,	,	PUNCT
cjal-3217	379	28	china	china	PROPN
cjal-3217	379	29	(	(	PUNCT
cjal-3217	379	30	dec	dec	PROPN
cjal-3217	379	31	.	.	PROPN
cjal-3217	379	32	1	1	NUM
cjal-3217	379	33	,	,	PUNCT
cjal-3217	379	34	2000	2000	NUM
cjal-3217	379	35	)	)	PUNCT
cjal-3217	379	36	.	.	PUNCT
cjal-3217	380	1	143	143	NUM
cjal-3217	380	2	see	see	VERB
cjal-3217	380	3	generally	generally	ADV
cjal-3217	380	4	milhaupt	milhaupt	ADJ
cjal-3217	380	5	,	,	PUNCT
cjal-3217	380	6	supra	supra	PROPN
cjal-3217	380	7	note	note	NOUN
cjal-3217	380	8	95	95	NUM
cjal-3217	380	9	.	.	PUNCT
cjal-3217	381	1	the	the	DET
cjal-3217	381	2	five	five	NUM
cjal-3217	381	3	elements	element	NOUN
cjal-3217	381	4	are	be	AUX
cjal-3217	381	5	as	as	SCONJ
cjal-3217	381	6	follows	follow	VERB
cjal-3217	381	7	:	:	PUNCT
cjal-3217	381	8	large	large	ADJ
cjal-3217	381	9	,	,	PUNCT
cjal-3217	381	10	independent	independent	ADJ
cjal-3217	381	11	amounts	amount	NOUN
cjal-3217	381	12	of	of	ADP
cjal-3217	381	13	capital	capital	NOUN
cjal-3217	381	14	,	,	PUNCT
cjal-3217	381	15	liquidity	liquidity	NOUN
cjal-3217	381	16	,	,	PUNCT
cjal-3217	381	17	incentives	incentive	NOUN
cjal-3217	381	18	,	,	PUNCT
cjal-3217	381	19	labor	labor	NOUN
cjal-3217	381	20	mobility	mobility	NOUN
cjal-3217	381	21	,	,	PUNCT
cjal-3217	381	22	and	and	CCONJ
cjal-3217	381	23	risk	risk	NOUN
cjal-3217	381	24	tolerance	tolerance	NOUN
cjal-3217	381	25	.	.	PUNCT
cjal-3217	382	1	144	144	NUM
cjal-3217	382	2	see	see	VERB
cjal-3217	382	3	i	i	PRON
cjal-3217	382	4	d.	d.	PROPN
cjal-3217	382	5	at	at	ADP
cjal-3217	382	6	881	881	NUM
cjal-3217	382	7	-	-	SYM
cjal-3217	382	8	882	882	NUM
cjal-3217	382	9	.	.	PUNCT
cjal-3217	382	10	145	145	NUM
cjal-3217	382	11	see	see	VERB
cjal-3217	382	12	fu	fu	PROPN
cjal-3217	382	13	,	,	PUNCT
cjal-3217	382	14	supra	supra	PROPN
cjal-3217	382	15	note	note	PROPN
cjal-3217	382	16	88	88	NUM
cjal-3217	382	17	,	,	PUNCT
cjal-3217	382	18	at	at	ADP
cjal-3217	382	19	519	519	NUM
cjal-3217	382	20	(	(	PUNCT
cjal-3217	382	21	may	may	PROPN
cjal-3217	382	22	2001	2001	NUM
cjal-3217	382	23	)	)	PUNCT
cjal-3217	382	24	.	.	PUNCT
cjal-3217	383	1	the	the	DET
cjal-3217	383	2	1952	1952	NUM
cjal-3217	383	3	small	small	ADJ
cjal-3217	383	4	business	business	NOUN
cjal-3217	383	5	investment	investment	NOUN
cjal-3217	383	6	company	company	NOUN
cjal-3217	383	7	program	program	NOUN
cjal-3217	383	8	,	,	PUNCT
cjal-3217	383	9	the	the	DET
cjal-3217	383	10	1978	1978	NUM
cjal-3217	383	11	revenue	revenue	NOUN
cjal-3217	383	12	act	act	NOUN
cjal-3217	383	13	,	,	PUNCT
cjal-3217	383	14	1979	1979	NUM
cjal-3217	383	15	erisa	erisa	NOUN
cjal-3217	383	16	"	"	PUNCT
cjal-3217	383	17	prudent	prudent	ADJ
cjal-3217	383	18	man	man	NOUN
cjal-3217	383	19	"	"	PUNCT
cjal-3217	383	20	rule	rule	NOUN
cjal-3217	383	21	,	,	PUNCT
cjal-3217	383	22	1980	1980	NUM
cjal-3217	383	23	small	small	ADJ
cjal-3217	383	24	business	business	NOUN
cjal-3217	383	25	investment	investment	NOUN
cjal-3217	383	26	incentive	incentive	PROPN
cjal-3217	383	27	act	act	PROPN
cjal-3217	383	28	,	,	PUNCT
cjal-3217	383	29	1980	1980	NUM
cjal-3217	383	30	erisa	erisa	NOUN
cjal-3217	383	31	"	"	PUNCT
cjal-3217	383	32	safe	safe	ADJ
cjal-3217	383	33	harbor	harbor	NOUN
cjal-3217	383	34	"	"	PUNCT
cjal-3217	383	35	regulation	regulation	NOUN
cjal-3217	383	36	,	,	PUNCT
cjal-3217	383	37	and	and	CCONJ
cjal-3217	383	38	the	the	DET
cjal-3217	383	39	1981	1981	NUM
cjal-3217	383	40	economic	economic	ADJ
cjal-3217	383	41	recovery	recovery	NOUN
cjal-3217	383	42	tax	tax	NOUN
cjal-3217	383	43	act	act	NOUN
cjal-3217	383	44	reduced	reduce	VERB
cjal-3217	383	45	tax	tax	NOUN
cjal-3217	383	46	rates	rate	NOUN
cjal-3217	383	47	,	,	PUNCT
cjal-3217	383	48	reduced	reduce	VERB
cjal-3217	383	49	fiduciary	fiduciary	ADJ
cjal-3217	383	50	duties	duty	NOUN
cjal-3217	383	51	on	on	ADP
cjal-3217	383	52	venture	venture	NOUN
cjal-3217	383	53	capitalists	capitalist	NOUN
cjal-3217	383	54	,	,	PUNCT
cjal-3217	383	55	and	and	CCONJ
cjal-3217	383	56	resulted	result	VERB
cjal-3217	383	57	in	in	ADP
cjal-3217	383	58	a	a	DET
cjal-3217	383	59	tenfold	tenfold	ADJ
cjal-3217	383	60	increase	increase	NOUN
cjal-3217	383	61	in	in	ADP
cjal-3217	383	62	the	the	DET
cjal-3217	383	63	size	size	NOUN
cjal-3217	383	64	of	of	ADP
cjal-3217	383	65	the	the	DET
cjal-3217	383	66	us	us	PROPN
cjal-3217	383	67	venture	venture	NOUN
cjal-3217	383	68	capital	capital	NOUN
cjal-3217	383	69	pool	pool	NOUN
cjal-3217	383	70	.	.	PUNCT
cjal-3217	384	1	similar	similar	ADJ
cjal-3217	384	2	results	result	NOUN
cjal-3217	384	3	from	from	ADP
cjal-3217	384	4	similar	similar	ADJ
cjal-3217	384	5	regulatory	regulatory	ADJ
cjal-3217	384	6	efforts	effort	NOUN
cjal-3217	384	7	also	also	ADV
cjal-3217	384	8	are	be	AUX
cjal-3217	384	9	evident	evident	ADJ
cjal-3217	384	10	in	in	ADP
cjal-3217	384	11	the	the	DET
cjal-3217	384	12	united	united	ADJ
cjal-3217	384	13	kingdom	kingdom	PROPN
cjal-3217	384	14	where	where	SCONJ
cjal-3217	384	15	easing	ease	VERB
cjal-3217	384	16	tax	tax	NOUN
cjal-3217	384	17	liabilities	liability	NOUN
cjal-3217	384	18	attracted	attract	VERB
cjal-3217	384	19	an	an	DET
cjal-3217	384	20	increase	increase	NOUN
cjal-3217	384	21	in	in	ADP
cjal-3217	384	22	venture	venture	NOUN
cjal-3217	384	23	capital	capital	NOUN
cjal-3217	384	24	throughout	throughout	ADP
cjal-3217	384	25	the	the	DET
cjal-3217	384	26	1980	1980	NUM
cjal-3217	384	27	's	's	PART
cjal-3217	384	28	.	.	PUNCT
cjal-3217	385	1	see	see	PROPN
cjal-3217	385	2	colin	colin	PROPN
cjal-3217	385	3	mason	mason	PROPN
cjal-3217	385	4	and	and	CCONJ
cjal-3217	385	5	richard	richard	PROPN
cjal-3217	385	6	harrison	harrison	PROPN
cjal-3217	385	7	,	,	PUNCT
cjal-3217	385	8	venture	venture	NOUN
cjal-3217	385	9	capital	capital	NOUN
cjal-3217	385	10	,	,	PUNCT
cjal-3217	385	11	the	the	DET
cjal-3217	385	12	equity	equity	NOUN
cjal-3217	385	13	gap	gap	NOUN
cjal-3217	385	14	and	and	CCONJ
cjal-3217	385	15	the	the	DET
cjal-3217	385	16	'	'	PUNCT
cjal-3217	385	17	north	north	NOUN
cjal-3217	385	18	-	-	PUNCT
cjal-3217	385	19	south	south	NOUN
cjal-3217	385	20	divide	divide	NOUN
cjal-3217	385	21	'	'	PUNCT
cjal-3217	385	22	in	in	ADP
cjal-3217	385	23	the	the	DET
cjal-3217	385	24	united	united	ADJ
cjal-3217	385	25	kingdom	kingdom	PROPN
cjal-3217	385	26	,	,	PUNCT
cjal-3217	385	27	in	in	ADP
cjal-3217	385	28	venture	venture	NOUN
cjal-3217	385	29	capital	capital	NOUN
cjal-3217	385	30	:	:	PUNCT
cjal-3217	385	31	international	international	ADJ
cjal-3217	385	32	comparisons	comparison	NOUN
cjal-3217	385	33	202	202	NUM
cjal-3217	385	34	,	,	PUNCT
cjal-3217	385	35	209	209	NUM
cjal-3217	385	36	(	(	PUNCT
cjal-3217	385	37	milford	milford	PROPN
cjal-3217	385	38	b.	b.	PROPN
cjal-3217	385	39	green	green	PROPN
cjal-3217	385	40	ed	ed	PROPN
cjal-3217	385	41	.	.	PROPN
cjal-3217	385	42	,	,	PUNCT
cjal-3217	385	43	1991	1991	NUM
cjal-3217	385	44	)	)	PUNCT
cjal-3217	385	45	;	;	PUNCT
cjal-3217	385	46	cf	cf	NOUN
cjal-3217	385	47	milhaupt	milhaupt	NOUN
cjal-3217	385	48	,	,	PUNCT
cjal-3217	385	49	supra	supra	PROPN
cjal-3217	385	50	note	note	NOUN
cjal-3217	385	51	15	15	NUM
cjal-3217	385	52	,	,	PUNCT
cjal-3217	385	53	at	at	ADP
cjal-3217	385	54	186	186	NUM
cjal-3217	385	55	(	(	PUNCT
cjal-3217	385	56	discussing	discuss	VERB
cjal-3217	385	57	the	the	DET
cjal-3217	385	58	u.s	u.s	PROPN
cjal-3217	385	59	.	.	PROPN
cjal-3217	385	60	government	government	NOUN
cjal-3217	385	61	's	's	PART
cjal-3217	385	62	regulatory	regulatory	ADJ
cjal-3217	385	63	role	role	NOUN
cjal-3217	385	64	in	in	ADP
cjal-3217	385	65	venture	venture	NOUN
cjal-3217	385	66	capital	capital	NOUN
cjal-3217	385	67	and	and	CCONJ
cjal-3217	385	68	noting	note	VERB
cjal-3217	385	69	that	that	SCONJ
cjal-3217	385	70	public	public	ADJ
cjal-3217	385	71	policy	policy	NOUN
cjal-3217	385	72	offers	offer	VERB
cjal-3217	385	73	venture	venture	NOUN
cjal-3217	385	74	capitalists	capitalist	NOUN
cjal-3217	385	75	inefficient	inefficient	ADJ
cjal-3217	385	76	support	support	NOUN
cjal-3217	385	77	,	,	PUNCT
cjal-3217	385	78	although	although	SCONJ
cjal-3217	385	79	programs	program	NOUN
cjal-3217	385	80	like	like	ADP
cjal-3217	385	81	ace	ace	NOUN
cjal-3217	385	82	-	-	PUNCT
cjal-3217	385	83	net	net	NOUN
cjal-3217	385	84	successfully	successfully	ADV
cjal-3217	385	85	facilitate	facilitate	ADJ
cjal-3217	385	86	information	information	NOUN
cjal-3217	385	87	sharing	sharing	NOUN
cjal-3217	385	88	and	and	CCONJ
cjal-3217	385	89	link	link	VERB
cjal-3217	385	90	investors	investor	NOUN
cjal-3217	385	91	with	with	ADP
cjal-3217	385	92	potential	potential	ADJ
cjal-3217	385	93	entrepreneurs	entrepreneur	NOUN
cjal-3217	385	94	)	)	PUNCT
cjal-3217	385	95	.	.	PUNCT
cjal-3217	386	1	for	for	ADP
cjal-3217	386	2	more	more	ADJ
cjal-3217	386	3	detail	detail	NOUN
cjal-3217	386	4	on	on	ADP
cjal-3217	386	5	the	the	DET
cjal-3217	386	6	u.s	u.s	PROPN
cjal-3217	386	7	.	.	PROPN
cjal-3217	386	8	regulatory	regulatory	ADJ
cjal-3217	386	9	framework	framework	NOUN
cjal-3217	386	10	see	see	VERB
cjal-3217	386	11	lee	lee	PROPN
cjal-3217	386	12	r.	r.	PROPN
cjal-3217	386	13	petillon	petillon	PROPN
cjal-3217	386	14	,	,	PUNCT
cjal-3217	386	15	designed	design	VERB
cjal-3217	386	16	to	to	PART
cjal-3217	386	17	scale	scale	VERB
cjal-3217	386	18	:	:	PUNCT
cjal-3217	386	19	the	the	DET
cjal-3217	386	20	ability	ability	NOUN
cjal-3217	386	21	of	of	ADP
cjal-3217	386	22	small	small	ADJ
cjal-3217	386	23	companies	company	NOUN
cjal-3217	386	24	to	to	PART
cjal-3217	386	25	raise	raise	VERB
cjal-3217	386	26	capital	capital	NOUN
cjal-3217	386	27	has	have	AUX
cjal-3217	386	28	been	be	AUX
cjal-3217	386	29	dramatically	dramatically	ADV
cjal-3217	386	30	eased	ease	VERB
cjal-3217	386	31	by	by	ADP
cjal-3217	386	32	federal	federal	ADJ
cjal-3217	386	33	and	and	CCONJ
cjal-3217	386	34	state	state	NOUN
cjal-3217	386	35	securities	security	NOUN
cjal-3217	386	36	rules	rule	NOUN
cjal-3217	386	37	,	,	PUNCT
cjal-3217	386	38	19	19	NUM
cjal-3217	386	39	los	los	PROPN
cjal-3217	386	40	angeles	angeles	PROPN
cjal-3217	386	41	lawyer	lawyer	NOUN
cjal-3217	386	42	31	31	NUM
cjal-3217	386	43	(	(	PUNCT
cjal-3217	386	44	1997	1997	NUM
cjal-3217	386	45	)	)	PUNCT
cjal-3217	386	46	.	.	PUNCT
cjal-3217	387	1	146	146	NUM
cjal-3217	387	2	see	see	VERB
cjal-3217	387	3	generally	generally	ADV
cjal-3217	387	4	douglas	douglas	PROPN
cjal-3217	387	5	g.	g.	PROPN
cjal-3217	387	6	smith	smith	PROPN
cjal-3217	387	7	,	,	PUNCT
cjal-3217	387	8	the	the	DET
cjal-3217	387	9	venture	venture	NOUN
cjal-3217	387	10	capital	capital	NOUN
cjal-3217	387	11	company	company	NOUN
cjal-3217	387	12	:	:	PUNCT
cjal-3217	387	13	a	a	DET
cjal-3217	387	14	contractuarian	contractuarian	ADJ
cjal-3217	387	15	rebuttal	rebuttal	NOUN
cjal-3217	387	16	to	to	ADP
cjal-3217	387	17	the	the	DET
cjal-3217	387	18	political	political	ADJ
cjal-3217	387	19	theory	theory	NOUN
cjal-3217	387	20	of	of	ADP
cjal-3217	387	21	american	american	ADJ
cjal-3217	387	22	corporate	corporate	ADJ
cjal-3217	387	23	finance	finance	NOUN
cjal-3217	387	24	,	,	PUNCT
cjal-3217	387	25	65	65	NUM
cjal-3217	387	26	tenn	tenn	PROPN
cjal-3217	387	27	.	.	PUNCT
cjal-3217	388	1	l.	l.	PROPN
cjal-3217	388	2	rev	rev	PROPN
cjal-3217	388	3	.	.	PROPN
cjal-3217	388	4	79	79	NUM
cjal-3217	388	5	(	(	PUNCT
cjal-3217	388	6	1997	1997	NUM
cjal-3217	388	7	)	)	PUNCT
cjal-3217	388	8	(	(	PUNCT
cjal-3217	388	9	listing	list	VERB
cjal-3217	388	10	most	most	ADJ
cjal-3217	388	11	of	of	ADP
cjal-3217	388	12	the	the	DET
cjal-3217	388	13	types	type	NOUN
cjal-3217	388	14	of	of	ADP
cjal-3217	388	15	provisions	provision	NOUN
cjal-3217	388	16	that	that	PRON
cjal-3217	388	17	venture	venture	NOUN
cjal-3217	388	18	capitalists	capitalist	NOUN
cjal-3217	388	19	include	include	VERB
cjal-3217	388	20	in	in	ADP
cjal-3217	388	21	their	their	PRON
cjal-3217	388	22	contractual	contractual	ADJ
cjal-3217	388	23	arrangements	arrangement	NOUN
cjal-3217	388	24	)	)	PUNCT
cjal-3217	388	25	.	.	PUNCT
cjal-3217	389	1	the	the	DET
cjal-3217	389	2	basic	basic	ADJ
cjal-3217	389	3	2002	2002	NUM
cjal-3217	389	4	]	]	PUNCT
cjal-3217	389	5	columbia	columbia	PROPN
cjal-3217	389	6	journal	journal	PROPN
cjal-3217	389	7	ofasianlaw	ofasianlaw	PROPN
cjal-3217	389	8	consistently	consistently	ADV
cjal-3217	389	9	enforced	enforce	VERB
cjal-3217	389	10	.	.	PUNCT
cjal-3217	390	1	'47	'47	NUM
cjal-3217	390	2	more	more	ADV
cjal-3217	390	3	important	important	ADJ
cjal-3217	390	4	,	,	PUNCT
cjal-3217	390	5	exits	exit	NOUN
cjal-3217	390	6	are	be	AUX
cjal-3217	390	7	well	well	ADV
cjal-3217	390	8	established	establish	VERB
cjal-3217	390	9	in	in	ADP
cjal-3217	390	10	the	the	DET
cjal-3217	390	11	u.s	u.s	PROPN
cjal-3217	390	12	.	.	PROPN
cjal-3217	390	13	under	under	ADP
cjal-3217	390	14	a	a	DET
cjal-3217	390	15	market	market	NOUN
cjal-3217	390	16	-	-	PUNCT
cjal-3217	390	17	centered	center	VERB
cjal-3217	390	18	corporate	corporate	ADJ
cjal-3217	390	19	governance	governance	NOUN
cjal-3217	390	20	structure	structure	NOUN
cjal-3217	390	21	that	that	PRON
cjal-3217	390	22	fosters	foster	VERB
cjal-3217	390	23	an	an	DET
cjal-3217	390	24	active	active	ADJ
cjal-3217	390	25	,	,	PUNCT
cjal-3217	390	26	disciplined	discipline	VERB
cjal-3217	390	27	mergers	merger	NOUN
cjal-3217	390	28	and	and	CCONJ
cjal-3217	390	29	acquisitions	acquisition	NOUN
cjal-3217	390	30	regime	regime	NOUN
cjal-3217	390	31	,	,	PUNCT
cjal-3217	390	32	48	48	NUM
cjal-3217	390	33	and	and	CCONJ
cjal-3217	390	34	a	a	DET
cjal-3217	390	35	stock	stock	NOUN
cjal-3217	390	36	market	market	NOUN
cjal-3217	390	37	that	that	PRON
cjal-3217	390	38	allows	allow	VERB
cjal-3217	390	39	for	for	ADP
cjal-3217	390	40	an	an	DET
cjal-3217	390	41	active	active	ADJ
cjal-3217	390	42	ipo	ipo	NOUN
cjal-3217	390	43	culture	culture	NOUN
cjal-3217	390	44	.	.	PUNCT
cjal-3217	390	45	'	'	PUNCT
cjal-3217	391	1	9	9	NUM
cjal-3217	391	2	labor	labor	NOUN
cjal-3217	391	3	mobility	mobility	NOUN
cjal-3217	391	4	,	,	PUNCT
cjal-3217	391	5	tolerance	tolerance	NOUN
cjal-3217	391	6	of	of	ADP
cjal-3217	391	7	high	high	ADJ
cjal-3217	391	8	risk	risk	NOUN
cjal-3217	391	9	,	,	PUNCT
cjal-3217	391	10	and	and	CCONJ
cjal-3217	391	11	a	a	DET
cjal-3217	391	12	well	well	ADV
cjal-3217	391	13	trained	train	VERB
cjal-3217	391	14	workforce	workforce	NOUN
cjal-3217	391	15	further	far	ADV
cjal-3217	391	16	contribute	contribute	VERB
cjal-3217	391	17	to	to	ADP
cjal-3217	391	18	the	the	DET
cjal-3217	391	19	vibrant	vibrant	ADJ
cjal-3217	391	20	quality	quality	NOUN
cjal-3217	391	21	of	of	ADP
cjal-3217	391	22	the	the	DET
cjal-3217	391	23	u.s	u.s	PROPN
cjal-3217	391	24	.	.	PROPN
cjal-3217	391	25	venture	venture	NOUN
cjal-3217	391	26	capital	capital	NOUN
cjal-3217	391	27	market	market	NOUN
cjal-3217	391	28	.	.	PUNCT
cjal-3217	391	29	'	'	PUNCT
cjal-3217	392	1	°	°	PROPN
cjal-3217	393	1	china	china	PROPN
cjal-3217	393	2	's	's	PART
cjal-3217	393	3	government	government	NOUN
cjal-3217	393	4	needs	need	VERB
cjal-3217	393	5	to	to	PART
cjal-3217	393	6	make	make	VERB
cjal-3217	393	7	improvements	improvement	NOUN
cjal-3217	393	8	in	in	ADP
cjal-3217	393	9	each	each	DET
cjal-3217	393	10	one	one	NUM
cjal-3217	393	11	of	of	ADP
cjal-3217	393	12	these	these	DET
cjal-3217	393	13	fields	field	NOUN
cjal-3217	393	14	.	.	PUNCT
cjal-3217	394	1	first	first	ADV
cjal-3217	394	2	,	,	PUNCT
cjal-3217	394	3	china	china	PROPN
cjal-3217	394	4	needs	need	VERB
cjal-3217	394	5	to	to	PART
cjal-3217	394	6	encourage	encourage	VERB
cjal-3217	394	7	the	the	DET
cjal-3217	394	8	use	use	NOUN
cjal-3217	394	9	of	of	ADP
cjal-3217	394	10	more	more	ADJ
cjal-3217	394	11	institutional	institutional	ADJ
cjal-3217	394	12	money	money	NOUN
cjal-3217	394	13	and	and	CCONJ
cjal-3217	394	14	less	less	ADJ
cjal-3217	394	15	government	government	NOUN
cjal-3217	394	16	funding	funding	NOUN
cjal-3217	394	17	.	.	PUNCT
cjal-3217	395	1	diversified	diversified	ADJ
cjal-3217	395	2	,	,	PUNCT
cjal-3217	395	3	private	private	ADJ
cjal-3217	395	4	financing	financing	NOUN
cjal-3217	395	5	tends	tend	VERB
cjal-3217	395	6	to	to	PART
cjal-3217	395	7	allocate	allocate	VERB
cjal-3217	395	8	resources	resource	NOUN
cjal-3217	395	9	more	more	ADV
cjal-3217	395	10	efficiently	efficiently	ADV
cjal-3217	395	11	.	.	PUNCT
cjal-3217	396	1	5	5	NUM
cjal-3217	396	2	'	'	PART
cjal-3217	396	3	amendments	amendment	NOUN
cjal-3217	396	4	to	to	ADP
cjal-3217	396	5	the	the	DET
cjal-3217	396	6	banking	banking	NOUN
cjal-3217	396	7	and	and	CCONJ
cjal-3217	396	8	insurance	insurance	NOUN
cjal-3217	396	9	law	law	NOUN
cjal-3217	396	10	would	would	AUX
cjal-3217	396	11	be	be	AUX
cjal-3217	396	12	appropriate	appropriate	ADJ
cjal-3217	396	13	in	in	ADP
cjal-3217	396	14	this	this	DET
cjal-3217	396	15	regard	regard	NOUN
cjal-3217	396	16	.	.	PUNCT
cjal-3217	397	1	with	with	ADP
cjal-3217	397	2	regard	regard	NOUN
cjal-3217	397	3	to	to	ADP
cjal-3217	397	4	entry	entry	NOUN
cjal-3217	397	5	,	,	PUNCT
cjal-3217	397	6	china	china	PROPN
cjal-3217	397	7	needs	need	VERB
cjal-3217	397	8	to	to	PART
cjal-3217	397	9	incorporate	incorporate	VERB
cjal-3217	397	10	more	more	ADJ
cjal-3217	397	11	incentives	incentive	NOUN
cjal-3217	397	12	like	like	ADP
cjal-3217	397	13	the	the	DET
cjal-3217	397	14	u.s	u.s	PROPN
cjal-3217	397	15	.	.	PROPN
cjal-3217	397	16	's	's	PART
cjal-3217	397	17	flow	flow	NOUN
cjal-3217	397	18	-	-	PUNCT
cjal-3217	397	19	through	through	ADP
cjal-3217	397	20	taxation	taxation	NOUN
cjal-3217	397	21	vehicles	vehicle	NOUN
cjal-3217	397	22	.	.	PUNCT
cjal-3217	398	1	china	china	PROPN
cjal-3217	398	2	also	also	ADV
cjal-3217	398	3	needs	need	VERB
cjal-3217	398	4	to	to	PART
cjal-3217	398	5	open	open	VERB
cjal-3217	398	6	up	up	ADP
cjal-3217	398	7	investment	investment	NOUN
cjal-3217	398	8	sectors	sector	NOUN
cjal-3217	398	9	by	by	ADP
cjal-3217	398	10	repealing	repeal	VERB
cjal-3217	398	11	the	the	DET
cjal-3217	398	12	limitations	limitation	NOUN
cjal-3217	398	13	set	set	VERB
cjal-3217	398	14	out	out	ADP
cjal-3217	398	15	in	in	ADP
cjal-3217	398	16	the	the	DET
cjal-3217	398	17	fie	fie	NOUN
cjal-3217	398	18	laws	law	NOUN
cjal-3217	398	19	and	and	CCONJ
cjal-3217	398	20	the	the	DET
cjal-3217	398	21	several	several	ADJ
cjal-3217	398	22	opinions	opinion	NOUN
cjal-3217	398	23	,	,	PUNCT
cjal-3217	398	24	which	which	PRON
cjal-3217	398	25	unnecessarily	unnecessarily	ADV
cjal-3217	398	26	limit	limit	VERB
cjal-3217	398	27	venture	venture	NOUN
cjal-3217	398	28	capitalists	capitalist	NOUN
cjal-3217	398	29	to	to	ADP
cjal-3217	398	30	the	the	DET
cjal-3217	398	31	high	high	ADJ
cjal-3217	398	32	-	-	PUNCT
cjal-3217	398	33	tech	tech	NOUN
cjal-3217	398	34	field	field	NOUN
cjal-3217	398	35	.	.	PUNCT
cjal-3217	399	1	china	china	PROPN
cjal-3217	399	2	's	's	PART
cjal-3217	399	3	wto	wto	PROPN
cjal-3217	399	4	obligations	obligation	NOUN
cjal-3217	399	5	over	over	ADP
cjal-3217	399	6	the	the	DET
cjal-3217	399	7	next	next	ADJ
cjal-3217	399	8	five	five	NUM
cjal-3217	399	9	years	year	NOUN
cjal-3217	399	10	should	should	AUX
cjal-3217	399	11	help	help	VERB
cjal-3217	399	12	in	in	ADP
cjal-3217	399	13	this	this	DET
cjal-3217	399	14	regard	regard	NOUN
cjal-3217	399	15	.	.	PUNCT
cjal-3217	400	1	furthermore	furthermore	ADV
cjal-3217	400	2	,	,	PUNCT
cjal-3217	400	3	china	china	PROPN
cjal-3217	400	4	needs	need	VERB
cjal-3217	400	5	to	to	PART
cjal-3217	400	6	further	far	ADV
cjal-3217	400	7	cultivate	cultivate	VERB
cjal-3217	400	8	the	the	DET
cjal-3217	400	9	idea	idea	NOUN
cjal-3217	400	10	of	of	ADP
cjal-3217	400	11	contractual	contractual	ADJ
cjal-3217	400	12	sanctity	sanctity	NOUN
cjal-3217	400	13	and	and	CCONJ
cjal-3217	400	14	ensure	ensure	VERB
cjal-3217	400	15	predictable	predictable	ADJ
cjal-3217	400	16	contractual	contractual	ADJ
cjal-3217	400	17	enforcement	enforcement	NOUN
cjal-3217	400	18	of	of	ADP
cjal-3217	400	19	the	the	DET
cjal-3217	400	20	detailed	detailed	ADJ
cjal-3217	400	21	,	,	PUNCT
cjal-3217	400	22	control	control	NOUN
cjal-3217	400	23	-	-	PUNCT
cjal-3217	400	24	granting	grant	VERB
cjal-3217	400	25	contracts	contract	NOUN
cjal-3217	400	26	associated	associate	VERB
cjal-3217	400	27	with	with	ADP
cjal-3217	400	28	venture	venture	NOUN
cjal-3217	400	29	capitalists	capitalist	NOUN
cjal-3217	400	30	.	.	PUNCT
cjal-3217	401	1	'52	'52	NUM
cjal-3217	402	1	guaranteeing	guarantee	VERB
cjal-3217	402	2	the	the	DET
cjal-3217	402	3	contractual	contractual	ADJ
cjal-3217	402	4	enforcement	enforcement	NOUN
cjal-3217	402	5	of	of	ADP
cjal-3217	402	6	economically	economically	ADV
cjal-3217	402	7	driven	drive	VERB
cjal-3217	402	8	investments	investment	NOUN
cjal-3217	402	9	into	into	ADP
cjal-3217	402	10	china	china	PROPN
cjal-3217	402	11	's	's	PART
cjal-3217	402	12	most	most	ADV
cjal-3217	402	13	profitable	profitable	ADJ
cjal-3217	402	14	areas	area	NOUN
cjal-3217	402	15	,	,	PUNCT
cjal-3217	402	16	such	such	ADJ
cjal-3217	402	17	as	as	ADP
cjal-3217	402	18	telecommunications	telecommunications	NOUN
cjal-3217	402	19	and	and	CCONJ
cjal-3217	402	20	internet	internet	NOUN
cjal-3217	402	21	development	development	NOUN
cjal-3217	402	22	,	,	PUNCT
cjal-3217	402	23	will	will	AUX
cjal-3217	402	24	surely	surely	ADV
cjal-3217	402	25	capture	capture	VERB
cjal-3217	402	26	more	more	ADJ
cjal-3217	402	27	venture	venture	NOUN
cjal-3217	402	28	capitalist	capitalist	ADJ
cjal-3217	402	29	interest	interest	NOUN
cjal-3217	402	30	.	.	PUNCT
cjal-3217	403	1	on	on	ADP
cjal-3217	403	2	the	the	DET
cjal-3217	403	3	entrepreneurial	entrepreneurial	ADJ
cjal-3217	403	4	side	side	NOUN
cjal-3217	403	5	,	,	PUNCT
cjal-3217	403	6	the	the	DET
cjal-3217	403	7	government	government	NOUN
cjal-3217	403	8	needs	need	VERB
cjal-3217	403	9	to	to	PART
cjal-3217	403	10	amend	amend	VERB
cjal-3217	403	11	the	the	DET
cjal-3217	403	12	company	company	NOUN
cjal-3217	403	13	law	law	NOUN
cjal-3217	403	14	's	's	PART
cjal-3217	403	15	prohibitively	prohibitively	ADV
cjal-3217	403	16	high	high	ADJ
cjal-3217	403	17	capital	capital	NOUN
cjal-3217	403	18	requirements	requirement	NOUN
cjal-3217	403	19	for	for	ADP
cjal-3217	403	20	newly	newly	ADV
cjal-3217	403	21	formed	form	VERB
cjal-3217	403	22	document	document	NOUN
cjal-3217	403	23	,	,	PUNCT
cjal-3217	403	24	the	the	DET
cjal-3217	403	25	stock	stock	NOUN
cjal-3217	403	26	purchase	purchase	NOUN
cjal-3217	403	27	agreement	agreement	NOUN
cjal-3217	403	28	,	,	PUNCT
cjal-3217	403	29	typically	typically	ADV
cjal-3217	403	30	gives	give	VERB
cjal-3217	403	31	venture	venture	NOUN
cjal-3217	403	32	capitalists	capitalist	NOUN
cjal-3217	403	33	majority	majority	NOUN
cjal-3217	403	34	-	-	PUNCT
cjal-3217	403	35	like	like	ADJ
cjal-3217	403	36	control	control	NOUN
cjal-3217	403	37	with	with	ADP
cjal-3217	403	38	minority	minority	NOUN
cjal-3217	403	39	-	-	PUNCT
cjal-3217	403	40	like	like	ADJ
cjal-3217	403	41	obligations	obligation	NOUN
cjal-3217	403	42	.	.	PUNCT
cjal-3217	404	1	these	these	DET
cjal-3217	404	2	contracts	contract	NOUN
cjal-3217	404	3	are	be	AUX
cjal-3217	404	4	critically	critically	ADV
cjal-3217	404	5	important	important	ADJ
cjal-3217	404	6	in	in	ADP
cjal-3217	404	7	overcoming	overcome	VERB
cjal-3217	404	8	the	the	DET
cjal-3217	404	9	information	information	NOUN
cjal-3217	404	10	asymmetry	asymmetry	NOUN
cjal-3217	404	11	between	between	ADP
cjal-3217	404	12	the	the	DET
cjal-3217	404	13	investor	investor	NOUN
cjal-3217	404	14	and	and	CCONJ
cjal-3217	404	15	businessperson	businessperson	NOUN
cjal-3217	404	16	.	.	PUNCT
cjal-3217	405	1	what	what	PRON
cjal-3217	405	2	is	be	AUX
cjal-3217	405	3	most	most	ADV
cjal-3217	405	4	unique	unique	ADJ
cjal-3217	405	5	about	about	ADP
cjal-3217	405	6	them	they	PRON
cjal-3217	405	7	is	be	AUX
cjal-3217	405	8	that	that	SCONJ
cjal-3217	405	9	they	they	PRON
cjal-3217	405	10	create	create	VERB
cjal-3217	405	11	a	a	DET
cjal-3217	405	12	concentrated	concentrated	ADJ
cjal-3217	405	13	ownership	ownership	NOUN
cjal-3217	405	14	effect	effect	NOUN
cjal-3217	405	15	which	which	PRON
cjal-3217	405	16	runs	run	VERB
cjal-3217	405	17	counter	counter	ADV
cjal-3217	405	18	to	to	ADP
cjal-3217	405	19	the	the	DET
cjal-3217	405	20	widespread	widespread	ADJ
cjal-3217	405	21	ownership	ownership	NOUN
cjal-3217	405	22	ensured	ensure	VERB
cjal-3217	405	23	in	in	ADP
cjal-3217	405	24	the	the	DET
cjal-3217	405	25	states	state	NOUN
cjal-3217	405	26	under	under	ADP
cjal-3217	405	27	the	the	DET
cjal-3217	405	28	1956	1956	NUM
cjal-3217	405	29	bank	bank	NOUN
cjal-3217	405	30	holding	hold	VERB
cjal-3217	405	31	company	company	NOUN
cjal-3217	405	32	act	act	NOUN
cjal-3217	405	33	,	,	PUNCT
cjal-3217	405	34	the	the	DET
cjal-3217	405	35	glass	glass	NOUN
cjal-3217	405	36	-	-	PUNCT
cjal-3217	405	37	steagall	steagall	PROPN
cjal-3217	405	38	act	act	PROPN
cjal-3217	405	39	,	,	PUNCT
cjal-3217	405	40	regu	regu	VERB
cjal-3217	405	41	lations	lation	NOUN
cjal-3217	405	42	governing	govern	VERB
cjal-3217	405	43	proxy	proxy	ADJ
cjal-3217	405	44	solicitation	solicitation	NOUN
cjal-3217	405	45	,	,	PUNCT
cjal-3217	405	46	and	and	CCONJ
cjal-3217	405	47	the	the	DET
cjal-3217	405	48	mcfadden	mcfadden	PROPN
cjal-3217	405	49	act	act	PROPN
cjal-3217	405	50	.	.	PUNCT
cjal-3217	406	1	see	see	VERB
cjal-3217	406	2	i	i	PRON
cjal-3217	406	3	d.	d.	PROPN
cjal-3217	406	4	at	at	ADP
cjal-3217	406	5	94	94	NUM
cjal-3217	406	6	.	.	PUNCT
cjal-3217	407	1	14see	14see	PROPN
cjal-3217	407	2	milhaupt	milhaupt	PROPN
cjal-3217	407	3	,	,	PUNCT
cjal-3217	407	4	supra	supra	PROPN
cjal-3217	407	5	note	note	NOUN
cjal-3217	407	6	95	95	NUM
cjal-3217	407	7	,	,	PUNCT
cjal-3217	407	8	at	at	ADP
cjal-3217	407	9	886	886	NUM
cjal-3217	407	10	.	.	PUNCT
cjal-3217	408	1	148	148	NUM
cjal-3217	408	2	see	see	VERB
cjal-3217	408	3	i	i	PRON
cjal-3217	408	4	d.	d.	PROPN
cjal-3217	408	5	at	at	ADP
cjal-3217	408	6	884	884	NUM
cjal-3217	408	7	.	.	PUNCT
cjal-3217	408	8	149	149	NUM
cjal-3217	408	9	see	see	VERB
cjal-3217	408	10	i	i	PRON
cjal-3217	408	11	d.	d.	PROPN
cjal-3217	408	12	150	150	NUM
cjal-3217	408	13	see	see	VERB
cjal-3217	408	14	i	i	PRON
cjal-3217	408	15	d.	d.	PROPN
cjal-3217	408	16	at	at	ADP
cjal-3217	408	17	891	891	NUM
cjal-3217	408	18	(	(	PUNCT
cjal-3217	408	19	explaining	explain	VERB
cjal-3217	408	20	that	that	SCONJ
cjal-3217	408	21	individuals	individual	NOUN
cjal-3217	408	22	in	in	ADP
cjal-3217	408	23	the	the	DET
cjal-3217	408	24	u.s	u.s	PROPN
cjal-3217	408	25	.	.	PROPN
cjal-3217	408	26	often	often	ADV
cjal-3217	408	27	are	be	AUX
cjal-3217	408	28	willing	willing	ADJ
cjal-3217	408	29	to	to	PART
cjal-3217	408	30	move	move	VERB
cjal-3217	408	31	from	from	ADP
cjal-3217	408	32	stable	stable	ADJ
cjal-3217	408	33	employment	employment	NOUN
cjal-3217	408	34	into	into	ADP
cjal-3217	408	35	newly	newly	ADV
cjal-3217	408	36	established	establish	VERB
cjal-3217	408	37	ventures	venture	NOUN
cjal-3217	408	38	for	for	ADP
cjal-3217	408	39	the	the	DET
cjal-3217	408	40	attractive	attractive	ADJ
cjal-3217	408	41	potential	potential	NOUN
cjal-3217	408	42	of	of	ADP
cjal-3217	408	43	high	high	ADJ
cjal-3217	408	44	pay	pay	NOUN
cjal-3217	408	45	-	-	PUNCT
cjal-3217	408	46	offs	off	NOUN
cjal-3217	408	47	)	)	PUNCT
cjal-3217	408	48	.	.	PUNCT
cjal-3217	409	1	151	151	NUM
cjal-3217	409	2	see	see	VERB
cjal-3217	409	3	generally	generally	ADV
cjal-3217	409	4	matt	matt	PROPN
cjal-3217	410	1	p.	p.	NOUN
cjal-3217	410	2	mcclorey	mcclorey	PROPN
cjal-3217	411	1	,	,	PUNCT
cjal-3217	411	2	are	be	AUX
cjal-3217	411	3	state	state	NOUN
cjal-3217	411	4	-	-	PUNCT
cjal-3217	411	5	sponsored	sponsor	VERB
cjal-3217	411	6	venture	venture	NOUN
cjal-3217	411	7	capital	capital	NOUN
cjal-3217	411	8	funds	fund	NOUN
cjal-3217	411	9	necessary	necessary	ADJ
cjal-3217	411	10	for	for	ADP
cjal-3217	411	11	the	the	DET
cjal-3217	411	12	development	development	NOUN
cjal-3217	411	13	and	and	CCONJ
cjal-3217	411	14	growth	growth	NOUN
cjal-3217	411	15	of	of	ADP
cjal-3217	411	16	the	the	DET
cjal-3217	411	17	.kansas	.kansas	DET
cjal-3217	411	18	economy	economy	NOUN
cjal-3217	411	19	,	,	PUNCT
cjal-3217	411	20	7	7	NUM
cjal-3217	411	21	kan	kan	X
cjal-3217	411	22	.	.	PUNCT
cjal-3217	412	1	j.l	j.l	PROPN
cjal-3217	412	2	.	.	PROPN
cjal-3217	412	3	&	&	CCONJ
cjal-3217	412	4	pub	pub	NOUN
cjal-3217	412	5	.	.	PUNCT
cjal-3217	413	1	pol'y	pol'y	NOUN
cjal-3217	413	2	152	152	NUM
cjal-3217	413	3	(	(	PUNCT
cjal-3217	413	4	1998	1998	NUM
cjal-3217	413	5	)	)	PUNCT
cjal-3217	413	6	,	,	PUNCT
cjal-3217	413	7	(	(	PUNCT
cjal-3217	413	8	detailing	detail	VERB
cjal-3217	413	9	the	the	DET
cjal-3217	413	10	failure	failure	NOUN
cjal-3217	413	11	of	of	ADP
cjal-3217	413	12	the	the	DET
cjal-3217	413	13	state	state	NOUN
cjal-3217	413	14	-	-	PUNCT
cjal-3217	413	15	sponsored	sponsor	VERB
cjal-3217	413	16	kansas	kansas	PROPN
cjal-3217	413	17	technology	technology	PROPN
cjal-3217	413	18	enterprise	enterprise	NOUN
cjal-3217	413	19	corporation	corporation	NOUN
cjal-3217	413	20	because	because	SCONJ
cjal-3217	413	21	there	there	PRON
cjal-3217	413	22	was	be	VERB
cjal-3217	413	23	not	not	PART
cjal-3217	413	24	a	a	DET
cjal-3217	413	25	market	market	NOUN
cjal-3217	413	26	failure	failure	NOUN
cjal-3217	413	27	requiring	require	VERB
cjal-3217	413	28	state	state	NOUN
cjal-3217	413	29	intervention	intervention	NOUN
cjal-3217	413	30	and	and	CCONJ
cjal-3217	413	31	there	there	PRON
cjal-3217	413	32	was	be	VERB
cjal-3217	413	33	not	not	PART
cjal-3217	413	34	more	more	ADV
cjal-3217	413	35	efficient	efficient	ADJ
cjal-3217	413	36	state	state	NOUN
cjal-3217	413	37	-	-	PUNCT
cjal-3217	413	38	allocation	allocation	NOUN
cjal-3217	413	39	of	of	ADP
cjal-3217	413	40	capital	capital	NOUN
cjal-3217	413	41	resources	resource	NOUN
cjal-3217	413	42	relative	relative	ADJ
cjal-3217	413	43	to	to	ADP
cjal-3217	413	44	the	the	DET
cjal-3217	413	45	private	private	ADJ
cjal-3217	413	46	sector	sector	NOUN
cjal-3217	413	47	)	)	PUNCT
cjal-3217	413	48	;	;	PUNCT
cjal-3217	413	49	see	see	VERB
cjal-3217	413	50	also	also	ADV
cjal-3217	413	51	milhaupt	milhaupt	ADJ
cjal-3217	413	52	,	,	PUNCT
cjal-3217	413	53	supra	supra	PROPN
cjal-3217	413	54	note	note	PROPN
cjal-3217	413	55	15	15	NUM
cjal-3217	413	56	(	(	PUNCT
cjal-3217	413	57	discussing	discuss	VERB
cjal-3217	413	58	the	the	DET
cjal-3217	413	59	inefficiencies	inefficiency	NOUN
cjal-3217	413	60	of	of	ADP
cjal-3217	413	61	government	government	NOUN
cjal-3217	413	62	intervention	intervention	NOUN
cjal-3217	413	63	regarding	regard	VERB
cjal-3217	413	64	small	small	ADJ
cjal-3217	413	65	firm	firm	ADJ
cjal-3217	413	66	funding	funding	NOUN
cjal-3217	413	67	)	)	PUNCT
cjal-3217	413	68	.	.	PUNCT
cjal-3217	414	1	152	152	NUM
cjal-3217	414	2	see	see	VERB
cjal-3217	414	3	paradise	paradise	PROPN
cjal-3217	414	4	postponed	postpone	VERB
cjal-3217	414	5	?	?	PUNCT
cjal-3217	414	6	,	,	PUNCT
cjal-3217	414	7	asian	asian	ADJ
cjal-3217	414	8	venture	venture	NOUN
cjal-3217	414	9	capital	capital	PROPN
cjal-3217	414	10	journal	journal	NOUN
cjal-3217	414	11	at	at	ADP
cjal-3217	414	12	19	19	NUM
cjal-3217	414	13	,	,	PUNCT
cjal-3217	414	14	dec	dec	PROPN
cjal-3217	414	15	.	.	PROPN
cjal-3217	414	16	1999	1999	NUM
cjal-3217	414	17	(	(	PUNCT
cjal-3217	414	18	"	"	PUNCT
cjal-3217	414	19	only	only	ADV
cjal-3217	414	20	on	on	ADP
cjal-3217	414	21	a	a	DET
cjal-3217	414	22	handful	handful	NOUN
cjal-3217	414	23	of	of	ADP
cjal-3217	414	24	occasions	occasion	NOUN
cjal-3217	414	25	have	have	VERB
cjal-3217	414	26	foreigners	foreigner	NOUN
cjal-3217	414	27	been	be	AUX
cjal-3217	414	28	able	able	ADJ
cjal-3217	414	29	to	to	PART
cjal-3217	414	30	actually	actually	ADV
cjal-3217	414	31	collect	collect	VERB
cjal-3217	414	32	a	a	DET
cjal-3217	414	33	monetary	monetary	ADJ
cjal-3217	414	34	judgment	judgment	NOUN
cjal-3217	414	35	against	against	ADP
cjal-3217	414	36	a	a	DET
cjal-3217	414	37	chinese	chinese	ADJ
cjal-3217	414	38	company	company	NOUN
cjal-3217	414	39	in	in	ADP
cjal-3217	414	40	a	a	DET
cjal-3217	414	41	people	people	NOUN
cjal-3217	414	42	's	's	PART
cjal-3217	414	43	court	court	NOUN
cjal-3217	414	44	.	.	PUNCT
cjal-3217	415	1	this	this	PRON
cjal-3217	415	2	points	point	VERB
cjal-3217	415	3	to	to	ADP
cjal-3217	415	4	fundamentally	fundamentally	ADV
cjal-3217	415	5	different	different	ADJ
cjal-3217	415	6	views	view	NOUN
cjal-3217	415	7	on	on	ADP
cjal-3217	415	8	the	the	DET
cjal-3217	415	9	sanctity	sanctity	NOUN
cjal-3217	415	10	of	of	ADP
cjal-3217	415	11	contracts	contract	NOUN
cjal-3217	415	12	between	between	ADP
cjal-3217	415	13	chinese	chinese	PROPN
cjal-3217	415	14	and	and	CCONJ
cjal-3217	415	15	their	their	PRON
cjal-3217	415	16	western	western	ADJ
cjal-3217	415	17	counterparts	counterpart	NOUN
cjal-3217	415	18	.	.	PUNCT
cjal-3217	415	19	"	"	PUNCT
cjal-3217	415	20	)	)	PUNCT
cjal-3217	415	21	.	.	PUNCT
cjal-3217	416	1	[	[	X
cjal-3217	416	2	16:1	16:1	NUM
cjal-3217	416	3	venture	venture	NOUN
cjal-3217	416	4	capital	capital	NOUN
cjal-3217	416	5	in	in	ADP
cjal-3217	416	6	china	china	PROPN
cjal-3217	416	7	corporations	corporation	NOUN
cjal-3217	416	8	.	.	PUNCT
cjal-3217	417	1	an	an	DET
cjal-3217	417	2	amendment	amendment	NOUN
cjal-3217	417	3	legally	legally	ADV
cjal-3217	417	4	endorsing	endorse	VERB
cjal-3217	417	5	stock	stock	NOUN
cjal-3217	417	6	options	option	NOUN
cjal-3217	417	7	also	also	ADV
cjal-3217	417	8	would	would	AUX
cjal-3217	417	9	help	help	VERB
cjal-3217	417	10	encourage	encourage	VERB
cjal-3217	417	11	greater	great	ADJ
cjal-3217	417	12	entrepreneurial	entrepreneurial	ADJ
cjal-3217	417	13	activity	activity	NOUN
cjal-3217	417	14	.	.	PUNCT
cjal-3217	418	1	in	in	ADP
cjal-3217	418	2	addition	addition	NOUN
cjal-3217	418	3	,	,	PUNCT
cjal-3217	418	4	china	china	PROPN
cjal-3217	418	5	's	's	PART
cjal-3217	418	6	government	government	NOUN
cjal-3217	418	7	needs	need	VERB
cjal-3217	418	8	to	to	PART
cjal-3217	418	9	wean	wean	VERB
cjal-3217	418	10	labor	labor	NOUN
cjal-3217	418	11	from	from	ADP
cjal-3217	418	12	its	its	PRON
cjal-3217	418	13	"	"	PUNCT
cjal-3217	418	14	iron	iron	NOUN
cjal-3217	418	15	rice	rice	NOUN
cjal-3217	418	16	bowl	bowl	NOUN
cjal-3217	418	17	"	"	PUNCT
cjal-3217	418	18	outlook	outlook	NOUN
cjal-3217	418	19	and	and	CCONJ
cjal-3217	418	20	expand	expand	VERB
cjal-3217	418	21	opportunities	opportunity	NOUN
cjal-3217	418	22	for	for	ADP
cjal-3217	418	23	greater	great	ADJ
cjal-3217	418	24	labor	labor	NOUN
cjal-3217	418	25	mobility	mobility	NOUN
cjal-3217	418	26	and	and	CCONJ
cjal-3217	418	27	risk	risk	NOUN
cjal-3217	418	28	taking	taking	NOUN
cjal-3217	418	29	.	.	PUNCT
cjal-3217	419	1	53	53	NUM
cjal-3217	419	2	as	as	ADP
cjal-3217	419	3	for	for	ADP
cjal-3217	419	4	exits	exit	NOUN
cjal-3217	419	5	,	,	PUNCT
cjal-3217	419	6	china	china	PROPN
cjal-3217	419	7	needs	need	VERB
cjal-3217	419	8	to	to	PART
cjal-3217	419	9	reform	reform	VERB
cjal-3217	419	10	its	its	PRON
cjal-3217	419	11	securities	security	NOUN
cjal-3217	419	12	law	law	NOUN
cjal-3217	419	13	to	to	PART
cjal-3217	419	14	reduce	reduce	VERB
cjal-3217	419	15	corporate	corporate	ADJ
cjal-3217	419	16	listing	listing	NOUN
cjal-3217	419	17	requirements	requirement	NOUN
cjal-3217	419	18	for	for	ADP
cjal-3217	419	19	purposes	purpose	NOUN
cjal-3217	419	20	of	of	ADP
cjal-3217	419	21	enabling	enable	VERB
cjal-3217	419	22	a	a	DET
cjal-3217	419	23	more	more	ADV
cjal-3217	419	24	vibrant	vibrant	ADJ
cjal-3217	419	25	ipo	ipo	NOUN
cjal-3217	419	26	market	market	NOUN
cjal-3217	419	27	,	,	PUNCT
cjal-3217	419	28	and	and	CCONJ
cjal-3217	419	29	continue	continue	VERB
cjal-3217	419	30	with	with	ADP
cjal-3217	419	31	efforts	effort	NOUN
cjal-3217	419	32	to	to	PART
cjal-3217	419	33	create	create	VERB
cjal-3217	419	34	a	a	DET
cjal-3217	419	35	third	third	ADJ
cjal-3217	419	36	securities	security	NOUN
cjal-3217	419	37	board	board	NOUN
cjal-3217	419	38	modeled	model	VERB
cjal-3217	419	39	on	on	ADP
cjal-3217	419	40	the	the	DET
cjal-3217	419	41	eased	eased	ADJ
cjal-3217	419	42	nasdaq	nasdaq	NOUN
cjal-3217	419	43	listing	listing	NOUN
cjal-3217	419	44	requirements	requirement	NOUN
cjal-3217	419	45	.	.	PUNCT
cjal-3217	420	1	in	in	ADP
cjal-3217	420	2	conjunction	conjunction	NOUN
cjal-3217	420	3	with	with	ADP
cjal-3217	420	4	those	those	DET
cjal-3217	420	5	efforts	effort	NOUN
cjal-3217	420	6	,	,	PUNCT
cjal-3217	420	7	china	china	PROPN
cjal-3217	420	8	should	should	AUX
cjal-3217	420	9	further	far	ADV
cjal-3217	420	10	encourage	encourage	VERB
cjal-3217	420	11	the	the	DET
cjal-3217	420	12	development	development	NOUN
cjal-3217	420	13	of	of	ADP
cjal-3217	420	14	its	its	PRON
cjal-3217	420	15	mergers	merger	NOUN
cjal-3217	420	16	and	and	CCONJ
cjal-3217	420	17	acquisitions	acquisition	NOUN
cjal-3217	420	18	market	market	NOUN
cjal-3217	420	19	through	through	ADP
cjal-3217	420	20	amendments	amendment	NOUN
cjal-3217	420	21	to	to	ADP
cjal-3217	420	22	its	its	PRON
cjal-3217	420	23	company	company	NOUN
cjal-3217	420	24	law	law	NOUN
cjal-3217	420	25	.	.	PUNCT
cjal-3217	421	1	b.	b.	PROPN
cjal-3217	421	2	japan	japan	PROPN
cjal-3217	421	3	japan	japan	PROPN
cjal-3217	421	4	approaches	approach	VERB
cjal-3217	421	5	venture	venture	NOUN
cjal-3217	421	6	capital	capital	NOUN
cjal-3217	421	7	through	through	ADP
cjal-3217	421	8	its	its	PRON
cjal-3217	421	9	tight	tight	ADJ
cjal-3217	421	10	banking	banking	NOUN
cjal-3217	421	11	structure	structure	NOUN
cjal-3217	421	12	and	and	CCONJ
cjal-3217	421	13	long	long	ADJ
cjal-3217	421	14	-	-	PUNCT
cjal-3217	421	15	term	term	NOUN
cjal-3217	421	16	,	,	PUNCT
cjal-3217	421	17	closely	closely	ADV
cjal-3217	421	18	-	-	PUNCT
cjal-3217	421	19	knit	knit	VERB
cjal-3217	421	20	system	system	NOUN
cjal-3217	421	21	of	of	ADP
cjal-3217	421	22	corporate	corporate	ADJ
cjal-3217	421	23	paternalism	paternalism	NOUN
cjal-3217	421	24	.	.	PUNCT
cjal-3217	422	1	"m	"m	VERB
cjal-3217	422	2	with	with	ADP
cjal-3217	422	3	the	the	DET
cjal-3217	422	4	ministry	ministry	PROPN
cjal-3217	422	5	of	of	ADP
cjal-3217	422	6	finance	finance	NOUN
cjal-3217	422	7	overseeing	overseeing	NOUN
cjal-3217	422	8	banking	banking	NOUN
cjal-3217	422	9	and	and	CCONJ
cjal-3217	422	10	more	more	ADJ
cjal-3217	422	11	than	than	ADP
cjal-3217	422	12	half	half	NOUN
cjal-3217	422	13	of	of	ADP
cjal-3217	422	14	japan	japan	PROPN
cjal-3217	422	15	's	's	PART
cjal-3217	422	16	venture	venture	NOUN
cjal-3217	422	17	capital	capital	NOUN
cjal-3217	422	18	firms	firm	NOUN
cjal-3217	422	19	operating	operate	VERB
cjal-3217	422	20	as	as	ADP
cjal-3217	422	21	subsidiaries	subsidiary	NOUN
cjal-3217	422	22	of	of	ADP
cjal-3217	422	23	banks	bank	NOUN
cjal-3217	422	24	,	,	PUNCT
cjal-3217	422	25	securities	security	NOUN
cjal-3217	422	26	firms	firm	NOUN
cjal-3217	422	27	,	,	PUNCT
cjal-3217	422	28	or	or	CCONJ
cjal-3217	422	29	insurance	insurance	NOUN
cjal-3217	422	30	companies	company	NOUN
cjal-3217	422	31	,	,	PUNCT
cjal-3217	422	32	155	155	NUM
cjal-3217	422	33	venture	venture	NOUN
cjal-3217	422	34	capitalists	capitalist	NOUN
cjal-3217	422	35	are	be	AUX
cjal-3217	422	36	highly	highly	ADV
cjal-3217	422	37	manipulated	manipulate	VERB
cjal-3217	422	38	to	to	PART
cjal-3217	422	39	serve	serve	VERB
cjal-3217	422	40	conservative	conservative	ADJ
cjal-3217	422	41	banking	banking	NOUN
cjal-3217	422	42	interests	interest	NOUN
cjal-3217	422	43	.	.	PUNCT
cjal-3217	423	1	'56	'56	NUM
cjal-3217	423	2	more	more	ADJ
cjal-3217	423	3	than	than	ADP
cjal-3217	423	4	half	half	NOUN
cjal-3217	423	5	of	of	ADP
cjal-3217	423	6	venture	venture	NOUN
cjal-3217	423	7	capital	capital	NOUN
cjal-3217	423	8	disbursements	disbursement	NOUN
cjal-3217	423	9	are	be	AUX
cjal-3217	423	10	loans	loan	NOUN
cjal-3217	423	11	,	,	PUNCT
cjal-3217	423	12	not	not	PART
cjal-3217	423	13	equity	equity	NOUN
cjal-3217	423	14	investments	investment	NOUN
cjal-3217	423	15	,	,	PUNCT
cjal-3217	423	16	and	and	CCONJ
cjal-3217	423	17	most	most	ADJ
cjal-3217	423	18	go	go	VERB
cjal-3217	423	19	to	to	ADP
cjal-3217	423	20	safer	safe	ADJ
cjal-3217	423	21	,	,	PUNCT
cjal-3217	423	22	intermediate	intermediate	ADJ
cjal-3217	423	23	-	-	PUNCT
cjal-3217	423	24	stage	stage	NOUN
cjal-3217	423	25	corporations	corporation	NOUN
cjal-3217	423	26	removed	remove	VERB
cjal-3217	423	27	from	from	ADP
cjal-3217	423	28	technology	technology	NOUN
cjal-3217	423	29	development	development	NOUN
cjal-3217	423	30	.	.	PUNCT
cjal-3217	424	1	'57	'57	NUM
cjal-3217	424	2	funds	fund	NOUN
cjal-3217	424	3	focus	focus	VERB
cjal-3217	424	4	on	on	ADP
cjal-3217	424	5	manufacturing	manufacturing	NOUN
cjal-3217	424	6	,	,	PUNCT
cjal-3217	424	7	wholesale	wholesale	ADJ
cjal-3217	424	8	,	,	PUNCT
cjal-3217	424	9	and	and	CCONJ
cjal-3217	424	10	retail	retail	ADJ
cjal-3217	424	11	inline	inline	NOUN
cjal-3217	424	12	with	with	ADP
cjal-3217	424	13	larger	large	ADJ
cjal-3217	424	14	parent	parent	NOUN
cjal-3217	424	15	corporation	corporation	NOUN
cjal-3217	424	16	interests	interest	NOUN
cjal-3217	424	17	,	,	PUNCT
cjal-3217	424	18	crippling	cripple	VERB
cjal-3217	424	19	the	the	DET
cjal-3217	424	20	ability	ability	NOUN
cjal-3217	424	21	of	of	ADP
cjal-3217	424	22	funds	fund	NOUN
cjal-3217	424	23	to	to	PART
cjal-3217	424	24	support	support	VERB
cjal-3217	424	25	innovation	innovation	NOUN
cjal-3217	424	26	.	.	PUNCT
cjal-3217	425	1	"	"	PUNCT
cjal-3217	425	2	8	8	NUM
cjal-3217	425	3	to	to	PART
cjal-3217	425	4	further	far	ADV
cjal-3217	425	5	tighten	tighten	VERB
cjal-3217	425	6	the	the	DET
cjal-3217	425	7	banking	banking	NOUN
cjal-3217	425	8	sector	sector	NOUN
cjal-3217	425	9	's	's	PART
cjal-3217	425	10	control	control	NOUN
cjal-3217	425	11	,	,	PUNCT
cjal-3217	425	12	japan	japan	PROPN
cjal-3217	425	13	also	also	ADV
cjal-3217	425	14	has	have	AUX
cjal-3217	425	15	been	be	AUX
cjal-3217	425	16	unwilling	unwilling	ADJ
cjal-3217	425	17	to	to	PART
cjal-3217	425	18	provide	provide	VERB
cjal-3217	425	19	private	private	ADJ
cjal-3217	425	20	venture	venture	NOUN
cjal-3217	425	21	capitalists	capitalist	NOUN
cjal-3217	425	22	with	with	ADP
cjal-3217	425	23	flow	flow	NOUN
cjal-3217	425	24	-	-	PUNCT
cjal-3217	425	25	through	through	ADP
cjal-3217	425	26	tax	tax	NOUN
cjal-3217	425	27	structures	structure	NOUN
cjal-3217	425	28	or	or	CCONJ
cjal-3217	425	29	limited	limited	ADJ
cjal-3217	425	30	liability	liability	NOUN
cjal-3217	425	31	.	.	PUNCT
cjal-3217	426	1	'59	'59	PROPN
cjal-3217	426	2	japan	japan	PROPN
cjal-3217	426	3	's	's	PART
cjal-3217	426	4	labor	labor	NOUN
cjal-3217	426	5	force	force	NOUN
cjal-3217	426	6	also	also	ADV
cjal-3217	426	7	exhibits	exhibit	VERB
cjal-3217	426	8	preference	preference	NOUN
cjal-3217	426	9	for	for	ADP
cjal-3217	426	10	risk	risk	NOUN
cjal-3217	426	11	-	-	PUNCT
cjal-3217	426	12	averse	averse	ADJ
cjal-3217	426	13	,	,	PUNCT
cjal-3217	426	14	longer	long	ADJ
cjal-3217	426	15	-	-	PUNCT
cjal-3217	426	16	term	term	NOUN
cjal-3217	426	17	employment	employment	NOUN
cjal-3217	426	18	that	that	PRON
cjal-3217	426	19	seems	seem	VERB
cjal-3217	426	20	to	to	PART
cjal-3217	426	21	come	come	VERB
cjal-3217	426	22	at	at	ADP
cjal-3217	426	23	the	the	DET
cjal-3217	426	24	expense	expense	NOUN
cjal-3217	426	25	of	of	ADP
cjal-3217	426	26	innovative	innovative	ADJ
cjal-3217	426	27	labor	labor	NOUN
cjal-3217	426	28	mobility	mobility	NOUN
cjal-3217	426	29	.	.	PUNCT
cjal-3217	427	1	"6	"6	VERB
cjal-3217	427	2	in	in	ADP
cjal-3217	427	3	addition	addition	NOUN
cjal-3217	427	4	to	to	ADP
cjal-3217	427	5	japan	japan	PROPN
cjal-3217	427	6	's	's	PART
cjal-3217	427	7	entry	entry	NOUN
cjal-3217	427	8	and	and	CCONJ
cjal-3217	427	9	entrepreneurial	entrepreneurial	ADJ
cjal-3217	427	10	limitations	limitation	NOUN
cjal-3217	427	11	,	,	PUNCT
cjal-3217	427	12	japan	japan	PROPN
cjal-3217	427	13	's	's	PART
cjal-3217	427	14	close	close	ADJ
cjal-3217	427	15	corporate	corporate	ADJ
cjal-3217	427	16	relations	relation	NOUN
cjal-3217	427	17	have	have	AUX
cjal-3217	427	18	hindered	hinder	VERB
cjal-3217	427	19	exit	exit	NOUN
cjal-3217	427	20	strategies	strategy	NOUN
cjal-3217	427	21	.	.	PUNCT
cjal-3217	428	1	acquisitions	acquisition	NOUN
cjal-3217	428	2	are	be	AUX
cjal-3217	428	3	virtually	virtually	ADV
cjal-3217	428	4	non	non	ADJ
cjal-3217	428	5	-	-	ADJ
cjal-3217	428	6	existent	existent	ADJ
cjal-3217	428	7	in	in	ADP
cjal-3217	428	8	japan	japan	PROPN
cjal-3217	428	9	's	's	PART
cjal-3217	428	10	cross	cross	NOUN
cjal-3217	428	11	-	-	ADJ
cjal-3217	428	12	shareholding	shareholding	ADJ
cjal-3217	428	13	153	153	NUM
cjal-3217	428	14	see	see	NOUN
cjal-3217	428	15	david	david	PROPN
cjal-3217	428	16	holt	holt	PROPN
cjal-3217	428	17	,	,	PUNCT
cjal-3217	428	18	a	a	DET
cjal-3217	428	19	comparative	comparative	ADJ
cjal-3217	428	20	study	study	NOUN
cjal-3217	428	21	of	of	ADP
cjal-3217	428	22	values	value	NOUN
cjal-3217	428	23	among	among	ADP
cjal-3217	428	24	chinese	chinese	PROPN
cjal-3217	428	25	and	and	CCONJ
cjal-3217	428	26	u.s	u.s	PROPN
cjal-3217	428	27	.	.	PROPN
cjal-3217	428	28	entrepreneurs	entrepreneur	NOUN
cjal-3217	428	29	:	:	PUNCT
cjal-3217	428	30	pragmatic	pragmatic	ADJ
cjal-3217	428	31	convergence	convergence	NOUN
cjal-3217	428	32	between	between	ADP
cjal-3217	428	33	contrasting	contrast	VERB
cjal-3217	428	34	cultures	culture	NOUN
cjal-3217	428	35	,	,	PUNCT
cjal-3217	428	36	12	12	NUM
cjal-3217	428	37	j.	j.	NOUN
cjal-3217	428	38	of	of	ADP
cjal-3217	428	39	bus	bus	NOUN
cjal-3217	428	40	.	.	PUNCT
cjal-3217	429	1	venturing	venture	VERB
cjal-3217	429	2	483	483	NUM
cjal-3217	429	3	(	(	PUNCT
cjal-3217	429	4	1997	1997	NUM
cjal-3217	429	5	)	)	PUNCT
cjal-3217	429	6	.	.	PUNCT
cjal-3217	430	1	chinese	chinese	ADJ
cjal-3217	430	2	entrepreneurs	entrepreneur	NOUN
cjal-3217	430	3	from	from	ADP
cjal-3217	430	4	tian	tian	PROPN
cjal-3217	430	5	he	he	PRON
cjal-3217	430	6	high	high	ADV
cjal-3217	430	7	-	-	PUNCT
cjal-3217	430	8	and	and	CCONJ
cjal-3217	430	9	-	-	PUNCT
cjal-3217	430	10	new	new	ADJ
cjal-3217	430	11	technology	technology	NOUN
cjal-3217	430	12	industrial	industrial	ADJ
cjal-3217	430	13	development	development	NOUN
cjal-3217	430	14	zone	zone	NOUN
cjal-3217	430	15	in	in	ADP
cjal-3217	430	16	guangzhou	guangzhou	PROPN
cjal-3217	430	17	scored	score	VERB
cjal-3217	430	18	very	very	ADV
cjal-3217	430	19	high	high	ADJ
cjal-3217	430	20	on	on	ADP
cjal-3217	430	21	openness	openness	NOUN
cjal-3217	430	22	to	to	PART
cjal-3217	430	23	change	change	VERB
cjal-3217	430	24	,	,	PUNCT
cjal-3217	430	25	indicating	indicate	VERB
cjal-3217	430	26	a	a	DET
cjal-3217	430	27	proclivity	proclivity	NOUN
cjal-3217	430	28	towards	towards	ADP
cjal-3217	430	29	risk	risk	NOUN
cjal-3217	430	30	-	-	PUNCT
cjal-3217	430	31	taking	taking	NOUN
cjal-3217	430	32	.	.	PUNCT
cjal-3217	431	1	15	15	NUM
cjal-3217	431	2	see	see	VERB
cjal-3217	431	3	milhaupt	milhaupt	NOUN
cjal-3217	431	4	,	,	PUNCT
cjal-3217	431	5	supra	supra	PROPN
cjal-3217	431	6	note	note	NOUN
cjal-3217	431	7	95	95	NUM
cjal-3217	431	8	.	.	PUNCT
cjal-3217	432	1	155	155	NUM
cjal-3217	432	2	see	see	VERB
cjal-3217	432	3	i	i	PRON
cjal-3217	432	4	d.	d.	PROPN
cjal-3217	432	5	156	156	NUM
cjal-3217	432	6	see	see	VERB
cjal-3217	432	7	i	i	PRON
cjal-3217	432	8	d.	d.	PROPN
cjal-3217	432	9	'	'	PROPN
cjal-3217	432	10	57	57	NUM
cjal-3217	432	11	see	see	VERB
cjal-3217	432	12	i	i	PRON
cjal-3217	432	13	d.	d.	PROPN
cjal-3217	432	14	at	at	ADP
cjal-3217	432	15	878	878	NUM
cjal-3217	432	16	.	.	NOUN
cjal-3217	432	17	8	8	NUM
cjal-3217	432	18	see	see	VERB
cjal-3217	432	19	i	i	PRON
cjal-3217	432	20	d.	d.	PROPN
cjal-3217	432	21	at	at	ADP
cjal-3217	432	22	879	879	NUM
cjal-3217	432	23	.	.	PUNCT
cjal-3217	433	1	159	159	NUM
cjal-3217	433	2	see	see	VERB
cjal-3217	433	3	i	i	PROPN
cjal-3217	433	4	d.	d.	PROPN
cjal-3217	433	5	160	160	NUM
cjal-3217	433	6	see	see	VERB
cjal-3217	433	7	milhaupt	milhaupt	NOUN
cjal-3217	433	8	,	,	PUNCT
cjal-3217	433	9	supra	supra	PROPN
cjal-3217	433	10	note	note	NOUN
cjal-3217	433	11	95	95	NUM
cjal-3217	433	12	,	,	PUNCT
cjal-3217	433	13	at	at	ADP
cjal-3217	433	14	888	888	NUM
cjal-3217	433	15	-	-	SYM
cjal-3217	433	16	889	889	NUM
cjal-3217	433	17	.	.	PUNCT
cjal-3217	434	1	2002	2002	NUM
cjal-3217	434	2	]	]	PUNCT
cjal-3217	434	3	columbia	columbia	PROPN
cjal-3217	434	4	journal	journal	PROPN
cjal-3217	434	5	ofasianlaw	ofasianlaw	PROPN
cjal-3217	434	6	environment	environment	PROPN
cjal-3217	434	7	.	.	PUNCT
cjal-3217	435	1	6	6	NUM
cjal-3217	435	2	'	'	PUNCT
cjal-3217	435	3	the	the	DET
cjal-3217	435	4	ministry	ministry	NOUN
cjal-3217	435	5	's	's	PART
cjal-3217	435	6	stringent	stringent	ADJ
cjal-3217	435	7	listing	listing	NOUN
cjal-3217	435	8	requirements	requirement	NOUN
cjal-3217	435	9	also	also	ADV
cjal-3217	435	10	shut	shut	VERB
cjal-3217	435	11	out	out	ADP
cjal-3217	435	12	burgeoning	burgeon	VERB
cjal-3217	435	13	companies	company	NOUN
cjal-3217	435	14	because	because	SCONJ
cjal-3217	435	15	they	they	PRON
cjal-3217	435	16	are	be	AUX
cjal-3217	435	17	unable	unable	ADJ
cjal-3217	435	18	to	to	PART
cjal-3217	435	19	attract	attract	VERB
cjal-3217	435	20	venture	venture	NOUN
cjal-3217	435	21	capital	capital	NOUN
cjal-3217	435	22	with	with	ADP
cjal-3217	435	23	promises	promise	NOUN
cjal-3217	435	24	of	of	ADP
cjal-3217	435	25	ipo	ipo	NOUN
cjal-3217	435	26	fortunes	fortune	NOUN
cjal-3217	435	27	,	,	PUNCT
cjal-3217	435	28	although	although	SCONJ
cjal-3217	435	29	the	the	DET
cjal-3217	435	30	recently	recently	ADV
cjal-3217	435	31	launched	launch	VERB
cjal-3217	435	32	josdaq	josdaq	PROPN
cjal-3217	435	33	should	should	AUX
cjal-3217	435	34	alleviate	alleviate	VERB
cjal-3217	435	35	that	that	PRON
cjal-3217	435	36	somewhat	somewhat	ADV
cjal-3217	435	37	.	.	PUNCT
cjal-3217	436	1	62	62	NUM
cjal-3217	436	2	and	and	CCONJ
cjal-3217	436	3	lastly	lastly	ADV
cjal-3217	436	4	,	,	PUNCT
cjal-3217	436	5	prohibitions	prohibition	NOUN
cjal-3217	436	6	against	against	ADP
cjal-3217	436	7	companies	company	NOUN
cjal-3217	436	8	repurchasing	repurchase	VERB
cjal-3217	436	9	their	their	PRON
cjal-3217	436	10	shares	share	NOUN
cjal-3217	436	11	,	,	PUNCT
cjal-3217	436	12	except	except	SCONJ
cjal-3217	436	13	in	in	ADP
cjal-3217	436	14	a	a	DET
cjal-3217	436	15	few	few	ADJ
cjal-3217	436	16	ministryapproved	ministryapprove	VERB
cjal-3217	436	17	scenarios	scenario	NOUN
cjal-3217	436	18	,	,	PUNCT
cjal-3217	436	19	shut	shut	VERB
cjal-3217	436	20	out	out	ADP
cjal-3217	436	21	the	the	DET
cjal-3217	436	22	repurchasing	repurchasing	NOUN
cjal-3217	436	23	option	option	NOUN
cjal-3217	436	24	.	.	PUNCT
cjal-3217	437	1	'63	'63	PROPN
cjal-3217	438	1	the	the	DET
cjal-3217	438	2	japanese	japanese	PROPN
cjal-3217	438	3	example	example	NOUN
cjal-3217	438	4	shows	show	VERB
cjal-3217	438	5	that	that	SCONJ
cjal-3217	438	6	weak	weak	ADJ
cjal-3217	438	7	incentives	incentive	NOUN
cjal-3217	438	8	inhibit	inhibit	VERB
cjal-3217	438	9	equity	equity	NOUN
cjal-3217	438	10	investment	investment	NOUN
cjal-3217	438	11	.	.	PUNCT
cjal-3217	439	1	china	china	PROPN
cjal-3217	439	2	,	,	PUNCT
cjal-3217	439	3	therefore	therefore	ADV
cjal-3217	439	4	,	,	PUNCT
cjal-3217	439	5	needs	need	VERB
cjal-3217	439	6	to	to	PART
cjal-3217	439	7	strengthen	strengthen	VERB
cjal-3217	439	8	structural	structural	ADJ
cjal-3217	439	9	formats	format	NOUN
cjal-3217	439	10	,	,	PUNCT
cjal-3217	439	11	increase	increase	VERB
cjal-3217	439	12	liability	liability	NOUN
cjal-3217	439	13	protection	protection	NOUN
cjal-3217	439	14	,	,	PUNCT
cjal-3217	439	15	and	and	CCONJ
cjal-3217	439	16	offer	offer	VERB
cjal-3217	439	17	tax	tax	NOUN
cjal-3217	439	18	breaks	break	NOUN
cjal-3217	439	19	for	for	ADP
cjal-3217	439	20	its	its	PRON
cjal-3217	439	21	vcc	vcc	NOUN
cjal-3217	439	22	and	and	CCONJ
cjal-3217	439	23	vcf	vcf	NOUN
cjal-3217	439	24	investment	investment	NOUN
cjal-3217	439	25	vehicles	vehicle	NOUN
cjal-3217	439	26	.	.	PUNCT
cjal-3217	440	1	japan	japan	PROPN
cjal-3217	440	2	's	's	PART
cjal-3217	440	3	sedentary	sedentary	ADJ
cjal-3217	440	4	labor	labor	NOUN
cjal-3217	440	5	pool	pool	NOUN
cjal-3217	440	6	also	also	ADV
cjal-3217	440	7	proves	prove	VERB
cjal-3217	440	8	that	that	SCONJ
cjal-3217	440	9	china	china	PROPN
cjal-3217	440	10	needs	need	VERB
cjal-3217	440	11	to	to	PART
cjal-3217	440	12	improve	improve	VERB
cjal-3217	440	13	its	its	PRON
cjal-3217	440	14	human	human	ADJ
cjal-3217	440	15	capital	capital	NOUN
cjal-3217	440	16	liquidity	liquidity	NOUN
cjal-3217	440	17	and	and	CCONJ
cjal-3217	440	18	heighten	heighten	VERB
cjal-3217	440	19	its	its	PRON
cjal-3217	440	20	risk	risk	NOUN
cjal-3217	440	21	tolerance	tolerance	NOUN
cjal-3217	440	22	in	in	ADP
cjal-3217	440	23	order	order	NOUN
cjal-3217	440	24	to	to	PART
cjal-3217	440	25	avoid	avoid	VERB
cjal-3217	440	26	a	a	DET
cjal-3217	440	27	static	static	ADJ
cjal-3217	440	28	investment	investment	NOUN
cjal-3217	440	29	environment	environment	NOUN
cjal-3217	440	30	.	.	PUNCT
cjal-3217	440	31	'	'	PUNCT
cjal-3217	441	1	furthermore	furthermore	ADV
cjal-3217	441	2	,	,	PUNCT
cjal-3217	441	3	to	to	PART
cjal-3217	441	4	better	well	ADV
cjal-3217	441	5	enable	enable	VERB
cjal-3217	441	6	the	the	DET
cjal-3217	441	7	development	development	NOUN
cjal-3217	441	8	of	of	ADP
cjal-3217	441	9	knowledge	knowledge	NOUN
cjal-3217	441	10	intensive	intensive	ADJ
cjal-3217	441	11	fields	field	NOUN
cjal-3217	441	12	,	,	PUNCT
cjal-3217	441	13	china	china	PROPN
cjal-3217	441	14	must	must	AUX
cjal-3217	441	15	avoid	avoid	VERB
cjal-3217	441	16	the	the	DET
cjal-3217	441	17	government	government	NOUN
cjal-3217	441	18	and	and	CCONJ
cjal-3217	441	19	banking	banking	NOUN
cjal-3217	441	20	strategy	strategy	NOUN
cjal-3217	441	21	of	of	ADP
cjal-3217	441	22	japan	japan	PROPN
cjal-3217	441	23	.	.	PUNCT
cjal-3217	442	1	if	if	SCONJ
cjal-3217	442	2	anything	anything	PRON
cjal-3217	442	3	,	,	PUNCT
cjal-3217	442	4	japan	japan	PROPN
cjal-3217	442	5	shows	show	VERB
cjal-3217	442	6	that	that	SCONJ
cjal-3217	442	7	without	without	ADP
cjal-3217	442	8	an	an	DET
cjal-3217	442	9	independent	independent	ADJ
cjal-3217	442	10	investment	investment	NOUN
cjal-3217	442	11	approach	approach	NOUN
cjal-3217	442	12	a	a	DET
cjal-3217	442	13	venture	venture	NOUN
cjal-3217	442	14	capital	capital	NOUN
cjal-3217	442	15	market	market	NOUN
cjal-3217	442	16	is	be	AUX
cjal-3217	442	17	unable	unable	ADJ
cjal-3217	442	18	to	to	PART
cjal-3217	442	19	engage	engage	VERB
cjal-3217	442	20	in	in	ADP
cjal-3217	442	21	riskier	risky	ADJ
cjal-3217	442	22	investments	investment	NOUN
cjal-3217	442	23	that	that	PRON
cjal-3217	442	24	support	support	VERB
cjal-3217	442	25	younger	young	ADJ
cjal-3217	442	26	companies	company	NOUN
cjal-3217	442	27	engaged	engage	VERB
cjal-3217	442	28	in	in	ADP
cjal-3217	442	29	innovative	innovative	ADJ
cjal-3217	442	30	,	,	PUNCT
cjal-3217	442	31	dynamic	dynamic	ADJ
cjal-3217	442	32	entrepreneurship	entrepreneurship	NOUN
cjal-3217	442	33	.	.	PUNCT
cjal-3217	443	1	with	with	ADP
cjal-3217	443	2	regard	regard	NOUN
cjal-3217	443	3	to	to	ADP
cjal-3217	443	4	exits	exit	NOUN
cjal-3217	443	5	,	,	PUNCT
cjal-3217	443	6	china	china	PROPN
cjal-3217	443	7	should	should	AUX
cjal-3217	443	8	follow	follow	VERB
cjal-3217	443	9	japan	japan	PROPN
cjal-3217	443	10	's	's	PART
cjal-3217	443	11	josdaq	josdaq	PROPN
cjal-3217	443	12	and	and	CCONJ
cjal-3217	443	13	establish	establish	VERB
cjal-3217	443	14	loosened	loosen	VERB
cjal-3217	443	15	listing	listing	NOUN
cjal-3217	443	16	requirements	requirement	NOUN
cjal-3217	443	17	for	for	ADP
cjal-3217	443	18	its	its	PRON
cjal-3217	443	19	third	third	ADJ
cjal-3217	443	20	board	board	NOUN
cjal-3217	443	21	.	.	PUNCT
cjal-3217	444	1	fostering	foster	VERB
cjal-3217	444	2	a	a	DET
cjal-3217	444	3	better	well	ADJ
cjal-3217	444	4	mergers	merger	NOUN
cjal-3217	444	5	and	and	CCONJ
cjal-3217	444	6	acquisitions	acquisition	NOUN
cjal-3217	444	7	market	market	NOUN
cjal-3217	444	8	and	and	CCONJ
cjal-3217	444	9	allowing	allow	VERB
cjal-3217	444	10	for	for	ADP
cjal-3217	444	11	a	a	DET
cjal-3217	444	12	corporate	corporate	ADJ
cjal-3217	444	13	buyback	buyback	NOUN
cjal-3217	444	14	system	system	NOUN
cjal-3217	444	15	are	be	AUX
cjal-3217	444	16	important	important	ADJ
cjal-3217	444	17	too	too	ADV
cjal-3217	444	18	though	though	ADV
cjal-3217	444	19	,	,	PUNCT
cjal-3217	444	20	especially	especially	ADV
cjal-3217	444	21	since	since	SCONJ
cjal-3217	444	22	japan	japan	PROPN
cjal-3217	444	23	provides	provide	VERB
cjal-3217	444	24	evidence	evidence	NOUN
cjal-3217	444	25	that	that	SCONJ
cjal-3217	444	26	a	a	DET
cjal-3217	444	27	second	second	ADJ
cjal-3217	444	28	board	board	NOUN
cjal-3217	444	29	alone	alone	ADV
cjal-3217	444	30	does	do	AUX
cjal-3217	444	31	not	not	PART
cjal-3217	444	32	offer	offer	VERB
cjal-3217	444	33	a	a	DET
cjal-3217	444	34	sufficient	sufficient	ADJ
cjal-3217	444	35	number	number	NOUN
cjal-3217	444	36	of	of	ADP
cjal-3217	444	37	exit	exit	NOUN
cjal-3217	444	38	opportunities	opportunity	NOUN
cjal-3217	444	39	.	.	PUNCT
cjal-3217	445	1	more	more	ADV
cjal-3217	445	2	diverse	diverse	ADJ
cjal-3217	445	3	options	option	NOUN
cjal-3217	445	4	are	be	AUX
cjal-3217	445	5	required	require	VERB
cjal-3217	445	6	.	.	PUNCT
cjal-3217	446	1	c.	c.	PROPN
cjal-3217	446	2	south	south	PROPN
cjal-3217	446	3	korea	korea	PROPN
cjal-3217	446	4	korea	korea	PROPN
cjal-3217	446	5	's	's	PART
cjal-3217	446	6	strong	strong	ADJ
cjal-3217	446	7	governmental	governmental	ADJ
cjal-3217	446	8	involvement	involvement	NOUN
cjal-3217	446	9	in	in	ADP
cjal-3217	446	10	its	its	PRON
cjal-3217	446	11	venture	venture	NOUN
cjal-3217	446	12	capital	capital	NOUN
cjal-3217	446	13	markets	market	NOUN
cjal-3217	446	14	might	might	AUX
cjal-3217	446	15	attract	attract	VERB
cjal-3217	446	16	china	china	PROPN
cjal-3217	446	17	's	's	PART
cjal-3217	446	18	attention	attention	NOUN
cjal-3217	446	19	,	,	PUNCT
cjal-3217	446	20	but	but	CCONJ
cjal-3217	446	21	china	china	PROPN
cjal-3217	446	22	should	should	AUX
cjal-3217	446	23	understand	understand	VERB
cjal-3217	446	24	the	the	DET
cjal-3217	446	25	limitations	limitation	NOUN
cjal-3217	446	26	of	of	ADP
cjal-3217	446	27	korea	korea	PROPN
cjal-3217	446	28	's	's	PART
cjal-3217	446	29	approach	approach	NOUN
cjal-3217	446	30	.	.	PUNCT
cjal-3217	447	1	korea	korea	PROPN
cjal-3217	447	2	's	's	PART
cjal-3217	447	3	government	government	NOUN
cjal-3217	447	4	employs	employ	VERB
cjal-3217	447	5	the	the	DET
cjal-3217	447	6	1997	1997	NUM
cjal-3217	447	7	special	special	ADJ
cjal-3217	447	8	law	law	NOUN
cjal-3217	447	9	to	to	PART
cjal-3217	447	10	promote	promote	VERB
cjal-3217	447	11	venture	venture	NOUN
cjal-3217	447	12	capital	capital	NOUN
cjal-3217	447	13	companies	company	NOUN
cjal-3217	447	14	(	(	PUNCT
cjal-3217	447	15	slpvcc	slpvcc	NOUN
cjal-3217	447	16	)	)	PUNCT
cjal-3217	447	17	and	and	CCONJ
cjal-3217	447	18	three	three	NUM
cjal-3217	447	19	underlying	underlie	VERB
cjal-3217	447	20	statutes	statute	NOUN
cjal-3217	447	21	to	to	PART
cjal-3217	447	22	actively	actively	ADV
cjal-3217	447	23	control	control	VERB
cjal-3217	447	24	korea	korea	PROPN
cjal-3217	447	25	's	's	PART
cjal-3217	447	26	venture	venture	NOUN
cjal-3217	447	27	capital	capital	NOUN
cjal-3217	447	28	market	market	NOUN
cjal-3217	447	29	.	.	PUNCT
cjal-3217	448	1	'65	'65	NUM
cjal-3217	448	2	korea	korea	PROPN
cjal-3217	448	3	's	's	PART
cjal-3217	448	4	laws	law	NOUN
cjal-3217	448	5	limit	limit	VERB
cjal-3217	448	6	venture	venture	NOUN
cjal-3217	448	7	capital	capital	NOUN
cjal-3217	448	8	to	to	ADP
cjal-3217	448	9	certain	certain	ADJ
cjal-3217	448	10	high	high	ADJ
cjal-3217	448	11	-	-	PUNCT
cjal-3217	448	12	tech	tech	NOUN
cjal-3217	448	13	fields	field	NOUN
cjal-3217	448	14	,	,	PUNCT
cjal-3217	448	15	restrict	restrict	VERB
cjal-3217	448	16	investments	investment	NOUN
cjal-3217	448	17	to	to	ADP
cjal-3217	448	18	companies	company	NOUN
cjal-3217	448	19	no	no	ADV
cjal-3217	448	20	older	old	ADJ
cjal-3217	448	21	than	than	ADP
cjal-3217	448	22	seven	seven	NUM
cjal-3217	448	23	years	year	NOUN
cjal-3217	448	24	,	,	PUNCT
cjal-3217	448	25	and	and	CCONJ
cjal-3217	448	26	dictate	dictate	VERB
cjal-3217	448	27	levels	level	NOUN
cjal-3217	448	28	of	of	ADP
cjal-3217	448	29	investment	investment	NOUN
cjal-3217	448	30	,	,	PUNCT
cjal-3217	448	31	research	research	NOUN
cjal-3217	448	32	,	,	PUNCT
cjal-3217	448	33	and	and	CCONJ
cjal-3217	448	34	development	development	NOUN
cjal-3217	448	35	.	.	PUNCT
cjal-3217	449	1	166	166	NUM
cjal-3217	449	2	the	the	DET
cjal-3217	449	3	laws	law	NOUN
cjal-3217	449	4	leave	leave	VERB
cjal-3217	449	5	ultimate	ultimate	ADJ
cjal-3217	449	6	discretion	discretion	NOUN
cjal-3217	449	7	with	with	ADP
cjal-3217	449	8	the	the	DET
cjal-3217	449	9	ministry	ministry	PROPN
cjal-3217	449	10	of	of	ADP
cjal-3217	449	11	commerce	commerce	PROPN
cjal-3217	449	12	,	,	PUNCT
cjal-3217	449	13	industry	industry	NOUN
cjal-3217	449	14	,	,	PUNCT
cjal-3217	449	15	and	and	CCONJ
cjal-3217	449	16	energy	energy	NOUN
cjal-3217	449	17	in	in	ADP
cjal-3217	449	18	161	161	NUM
cjal-3217	449	19	see	see	VERB
cjal-3217	449	20	i	i	PROPN
cjal-3217	449	21	d.	d.	PROPN
cjal-3217	449	22	at	at	ADP
cjal-3217	449	23	884	884	NUM
cjal-3217	449	24	-	-	SYM
cjal-3217	449	25	885	885	NUM
cjal-3217	449	26	.	.	PUNCT
cjal-3217	450	1	162	162	NUM
cjal-3217	450	2	see	see	VERB
cjal-3217	450	3	i	i	PRON
cjal-3217	450	4	d.	d.	PROPN
cjal-3217	450	5	163	163	NUM
cjal-3217	450	6	see	see	VERB
cjal-3217	450	7	i	i	PRON
cjal-3217	450	8	d.	d.	PROPN
cjal-3217	450	9	64	64	NUM
cjal-3217	450	10	see	see	VERB
cjal-3217	450	11	holt	holt	PROPN
cjal-3217	450	12	,	,	PUNCT
cjal-3217	450	13	supra	supra	PROPN
cjal-3217	450	14	note	note	PROPN
cjal-3217	450	15	153	153	NUM
cjal-3217	450	16	.	.	PUNCT
cjal-3217	450	17	165	165	NUM
cjal-3217	450	18	see	see	VERB
cjal-3217	450	19	haksoo	haksoo	PROPN
cjal-3217	450	20	ko	ko	PROPN
cjal-3217	450	21	and	and	CCONJ
cjal-3217	450	22	hyun	hyun	PROPN
cjal-3217	450	23	young	young	ADJ
cjal-3217	450	24	shin	shin	NOUN
cjal-3217	450	25	,	,	PUNCT
cjal-3217	450	26	venture	venture	NOUN
cjal-3217	450	27	capital	capital	NOUN
cjal-3217	450	28	in	in	ADP
cjal-3217	450	29	korea	korea	PROPN
cjal-3217	450	30	?	?	PUNCT
cjal-3217	451	1	special	special	ADJ
cjal-3217	451	2	law	law	NOUN
cjal-3217	451	3	to	to	PART
cjal-3217	451	4	promote	promote	VERB
cjal-3217	451	5	venture	venture	NOUN
cjal-3217	451	6	capital	capital	NOUN
cjal-3217	451	7	companies	company	NOUN
cjal-3217	451	8	,	,	PUNCT
cjal-3217	451	9	15	15	NUM
cjal-3217	451	10	am	am	NOUN
cjal-3217	451	11	.	.	PUNCT
cjal-3217	452	1	u.	u.	PROPN
cjal-3217	452	2	int'l	int'l	PROPN
cjal-3217	452	3	l.	l.	PROPN
cjal-3217	452	4	rev	rev	PROPN
cjal-3217	452	5	.	.	PROPN
cjal-3217	453	1	457	457	NUM
cjal-3217	453	2	(	(	PUNCT
cjal-3217	453	3	2000	2000	NUM
cjal-3217	453	4	)	)	PUNCT
cjal-3217	453	5	.	.	PUNCT
cjal-3217	454	1	166	166	NUM
cjal-3217	454	2	see	see	VERB
cjal-3217	454	3	i	i	PRON
cjal-3217	454	4	d.	d.	PROPN
cjal-3217	454	5	at	at	ADP
cjal-3217	454	6	471	471	NUM
cjal-3217	454	7	-	-	SYM
cjal-3217	454	8	472	472	NUM
cjal-3217	454	9	.	.	PUNCT
cjal-3217	455	1	[	[	X
cjal-3217	455	2	16:1	16:1	NUM
cjal-3217	455	3	venture	venture	NOUN
cjal-3217	455	4	capital	capital	NOUN
cjal-3217	455	5	in	in	ADP
cjal-3217	455	6	china	china	PROPN
cjal-3217	455	7	determining	determine	VERB
cjal-3217	455	8	who	who	PRON
cjal-3217	455	9	qualifies	qualify	VERB
cjal-3217	455	10	for	for	ADP
cjal-3217	455	11	venture	venture	NOUN
cjal-3217	455	12	capital	capital	NOUN
cjal-3217	455	13	status	status	NOUN
cjal-3217	455	14	.	.	PUNCT
cjal-3217	456	1	167	167	NUM
cjal-3217	456	2	to	to	PART
cjal-3217	456	3	increase	increase	VERB
cjal-3217	456	4	liquidity	liquidity	NOUN
cjal-3217	456	5	korea	korea	PROPN
cjal-3217	456	6	opened	open	VERB
cjal-3217	456	7	kosdaq	kosdaq	PROPN
cjal-3217	456	8	,	,	PUNCT
cjal-3217	456	9	a	a	DET
cjal-3217	456	10	second	second	ADJ
cjal-3217	456	11	board	board	NOUN
cjal-3217	456	12	of	of	ADP
cjal-3217	456	13	exchange	exchange	NOUN
cjal-3217	456	14	but	but	CCONJ
cjal-3217	456	15	faces	face	VERB
cjal-3217	456	16	a	a	DET
cjal-3217	456	17	shortage	shortage	NOUN
cjal-3217	456	18	of	of	ADP
cjal-3217	456	19	exits	exit	NOUN
cjal-3217	456	20	because	because	SCONJ
cjal-3217	456	21	banking	banking	NOUN
cjal-3217	456	22	and	and	CCONJ
cjal-3217	456	23	government	government	NOUN
cjal-3217	456	24	control	control	NOUN
cjal-3217	456	25	over	over	ADP
cjal-3217	456	26	corporations	corporation	NOUN
cjal-3217	456	27	limit	limit	VERB
cjal-3217	456	28	merger	merger	NOUN
cjal-3217	456	29	and	and	CCONJ
cjal-3217	456	30	acquisition	acquisition	NOUN
cjal-3217	456	31	activities	activity	NOUN
cjal-3217	456	32	.	.	PUNCT
cjal-3217	457	1	in	in	ADP
cjal-3217	457	2	terms	term	NOUN
cjal-3217	457	3	of	of	ADP
cjal-3217	457	4	incentives	incentive	NOUN
cjal-3217	457	5	,	,	PUNCT
cjal-3217	457	6	korea	korea	PROPN
cjal-3217	457	7	perhaps	perhaps	ADV
cjal-3217	457	8	goes	go	VERB
cjal-3217	457	9	too	too	ADV
cjal-3217	457	10	far	far	ADV
cjal-3217	457	11	,	,	PUNCT
cjal-3217	457	12	ensuring	ensure	VERB
cjal-3217	457	13	both	both	PRON
cjal-3217	457	14	job	job	NOUN
cjal-3217	457	15	security	security	NOUN
cjal-3217	457	16	and	and	CCONJ
cjal-3217	457	17	tax	tax	NOUN
cjal-3217	457	18	breaks	break	NOUN
cjal-3217	457	19	for	for	ADP
cjal-3217	457	20	risk	risk	NOUN
cjal-3217	457	21	-	-	PUNCT
cjal-3217	457	22	seeking	seek	VERB
cjal-3217	457	23	entrepreneurs	entrepreneur	NOUN
cjal-3217	457	24	.	.	PUNCT
cjal-3217	457	25	'68	'68	NUM
cjal-3217	457	26	as	as	ADP
cjal-3217	457	27	in	in	ADP
cjal-3217	457	28	japan	japan	PROPN
cjal-3217	457	29	,	,	PUNCT
cjal-3217	457	30	however	however	ADV
cjal-3217	457	31	,	,	PUNCT
cjal-3217	457	32	the	the	DET
cjal-3217	457	33	labor	labor	NOUN
cjal-3217	457	34	market	market	NOUN
cjal-3217	457	35	in	in	ADP
cjal-3217	457	36	korea	korea	PROPN
cjal-3217	457	37	is	be	AUX
cjal-3217	457	38	relatively	relatively	ADV
cjal-3217	457	39	immobile	immobile	ADJ
cjal-3217	457	40	and	and	CCONJ
cjal-3217	457	41	fairly	fairly	ADV
cjal-3217	457	42	risk	risk	NOUN
cjal-3217	457	43	-	-	PUNCT
cjal-3217	457	44	averse	averse	ADJ
cjal-3217	457	45	.	.	PUNCT
cjal-3217	458	1	69	69	NUM
cjal-3217	458	2	despite	despite	SCONJ
cjal-3217	458	3	china	china	PROPN
cjal-3217	458	4	's	's	PART
cjal-3217	458	5	proclivity	proclivity	NOUN
cjal-3217	458	6	towards	towards	ADP
cjal-3217	458	7	an	an	DET
cjal-3217	458	8	administrative	administrative	ADJ
cjal-3217	458	9	governing	govern	VERB
cjal-3217	458	10	model	model	NOUN
cjal-3217	458	11	,	,	PUNCT
cjal-3217	458	12	china	china	PROPN
cjal-3217	458	13	should	should	AUX
cjal-3217	458	14	take	take	VERB
cjal-3217	458	15	a	a	DET
cjal-3217	458	16	more	more	ADV
cjal-3217	458	17	critical	critical	ADJ
cjal-3217	458	18	look	look	NOUN
cjal-3217	458	19	at	at	ADP
cjal-3217	458	20	korea	korea	PROPN
cjal-3217	458	21	's	's	PART
cjal-3217	458	22	formula	formula	NOUN
cjal-3217	458	23	of	of	ADP
cjal-3217	458	24	government	government	NOUN
cjal-3217	458	25	control	control	NOUN
cjal-3217	458	26	.	.	PUNCT
cjal-3217	459	1	korea	korea	PROPN
cjal-3217	459	2	's	's	PART
cjal-3217	459	3	nurturing	nurturing	NOUN
cjal-3217	459	4	of	of	ADP
cjal-3217	459	5	special	special	ADJ
cjal-3217	459	6	interests	interest	NOUN
cjal-3217	459	7	over	over	ADP
cjal-3217	459	8	pure	pure	ADJ
cjal-3217	459	9	market	market	NOUN
cjal-3217	459	10	performers	performer	NOUN
cjal-3217	459	11	has	have	VERB
cjal-3217	459	12	impaired	impair	VERB
cjal-3217	459	13	venture	venture	NOUN
cjal-3217	459	14	capitalists	capitalist	NOUN
cjal-3217	459	15	,	,	PUNCT
cjal-3217	459	16	their	their	PRON
cjal-3217	459	17	returns	return	NOUN
cjal-3217	459	18	,	,	PUNCT
cjal-3217	459	19	and	and	CCONJ
cjal-3217	459	20	their	their	PRON
cjal-3217	459	21	investments	investment	NOUN
cjal-3217	459	22	in	in	ADP
cjal-3217	459	23	innovative	innovative	ADJ
cjal-3217	459	24	entrepreneurship	entrepreneurship	NOUN
cjal-3217	459	25	.	.	PUNCT
cjal-3217	460	1	the	the	DET
cjal-3217	460	2	korean	korean	ADJ
cjal-3217	460	3	example	example	NOUN
cjal-3217	460	4	also	also	ADV
cjal-3217	460	5	shows	show	VERB
cjal-3217	460	6	that	that	SCONJ
cjal-3217	460	7	china	china	PROPN
cjal-3217	460	8	's	's	PART
cjal-3217	460	9	desire	desire	NOUN
cjal-3217	460	10	to	to	PART
cjal-3217	460	11	restrict	restrict	VERB
cjal-3217	460	12	venture	venture	NOUN
cjal-3217	460	13	investment	investment	NOUN
cjal-3217	460	14	to	to	ADP
cjal-3217	460	15	technology	technology	NOUN
cjal-3217	460	16	means	mean	VERB
cjal-3217	460	17	unnecessarily	unnecessarily	ADV
cjal-3217	460	18	overlooking	overlook	VERB
cjal-3217	460	19	potential	potential	ADJ
cjal-3217	460	20	successes	success	NOUN
cjal-3217	460	21	like	like	ADP
cjal-3217	460	22	future	future	ADJ
cjal-3217	460	23	federal	federal	ADJ
cjal-3217	460	24	expresses	express	NOUN
cjal-3217	460	25	or	or	CCONJ
cjal-3217	460	26	starbucks	starbuck	VERB
cjal-3217	460	27	coffees	coffee	NOUN
cjal-3217	460	28	.	.	PUNCT
cjal-3217	461	1	'70	'70	NUM
cjal-3217	461	2	china	china	PROPN
cjal-3217	461	3	's	's	PART
cjal-3217	461	4	inclination	inclination	NOUN
cjal-3217	461	5	to	to	PART
cjal-3217	461	6	imitate	imitate	VERB
cjal-3217	461	7	korea	korea	PROPN
cjal-3217	461	8	's	's	PART
cjal-3217	461	9	exaggerated	exaggerated	ADJ
cjal-3217	461	10	entrepreneurial	entrepreneurial	ADJ
cjal-3217	461	11	incentives	incentive	NOUN
cjal-3217	461	12	also	also	ADV
cjal-3217	461	13	seems	seem	VERB
cjal-3217	461	14	a	a	DET
cjal-3217	461	15	bad	bad	ADJ
cjal-3217	461	16	idea	idea	NOUN
cjal-3217	461	17	.	.	PUNCT
cjal-3217	462	1	'7	'7	PROPN
cjal-3217	462	2	'	'	PUNCT
cjal-3217	463	1	it	it	PRON
cjal-3217	463	2	attracts	attract	VERB
cjal-3217	463	3	entrepreneurs	entrepreneur	NOUN
cjal-3217	463	4	unequipped	unequipped	ADJ
cjal-3217	463	5	to	to	PART
cjal-3217	463	6	bear	bear	VERB
cjal-3217	463	7	high	high	ADJ
cjal-3217	463	8	-	-	PUNCT
cjal-3217	463	9	risk	risk	NOUN
cjal-3217	463	10	costs	cost	NOUN
cjal-3217	463	11	and	and	CCONJ
cjal-3217	463	12	needlessly	needlessly	ADV
cjal-3217	463	13	floods	flood	VERB
cjal-3217	463	14	the	the	DET
cjal-3217	463	15	market	market	NOUN
cjal-3217	463	16	with	with	ADP
cjal-3217	463	17	an	an	DET
cjal-3217	463	18	overabundance	overabundance	NOUN
cjal-3217	463	19	of	of	ADP
cjal-3217	463	20	business	business	NOUN
cjal-3217	463	21	debacles	debacle	NOUN
cjal-3217	463	22	.	.	PUNCT
cjal-3217	464	1	72	72	NUM
cjal-3217	464	2	on	on	ADP
cjal-3217	464	3	exits	exit	NOUN
cjal-3217	464	4	,	,	PUNCT
cjal-3217	464	5	korea	korea	PROPN
cjal-3217	464	6	and	and	CCONJ
cjal-3217	464	7	its	its	PRON
cjal-3217	464	8	second	second	ADJ
cjal-3217	464	9	board	board	NOUN
cjal-3217	464	10	's	's	PART
cjal-3217	464	11	lackluster	lackluster	ADJ
cjal-3217	464	12	performance	performance	NOUN
cjal-3217	464	13	indicates	indicate	VERB
cjal-3217	464	14	that	that	SCONJ
cjal-3217	464	15	china	china	PROPN
cjal-3217	464	16	should	should	AUX
cjal-3217	464	17	continue	continue	VERB
cjal-3217	464	18	improving	improve	VERB
cjal-3217	464	19	its	its	PRON
cjal-3217	464	20	mergers	merger	NOUN
cjal-3217	464	21	and	and	CCONJ
cjal-3217	464	22	acquisitions	acquisition	NOUN
cjal-3217	464	23	market	market	NOUN
cjal-3217	464	24	in	in	ADP
cjal-3217	464	25	addition	addition	NOUN
cjal-3217	464	26	to	to	ADP
cjal-3217	464	27	adding	add	VERB
cjal-3217	464	28	a	a	DET
cjal-3217	464	29	second	second	ADJ
cjal-3217	464	30	bourse	bourse	NOUN
cjal-3217	464	31	that	that	PRON
cjal-3217	464	32	is	be	AUX
cjal-3217	464	33	well	well	ADV
cjal-3217	464	34	publicized	publicize	VERB
cjal-3217	464	35	and	and	CCONJ
cjal-3217	464	36	publicly	publicly	ADV
cjal-3217	464	37	accepted	accept	VERB
cjal-3217	464	38	.	.	PUNCT
cjal-3217	465	1	lastly	lastly	ADV
cjal-3217	465	2	,	,	PUNCT
cjal-3217	465	3	as	as	SCONJ
cjal-3217	465	4	seen	see	VERB
cjal-3217	465	5	in	in	ADP
cjal-3217	465	6	japan	japan	PROPN
cjal-3217	465	7	and	and	CCONJ
cjal-3217	465	8	korea	korea	PROPN
cjal-3217	465	9	,	,	PUNCT
cjal-3217	465	10	china	china	PROPN
cjal-3217	465	11	would	would	AUX
cjal-3217	465	12	be	be	AUX
cjal-3217	465	13	best	well	ADV
cjal-3217	465	14	served	serve	VERB
cjal-3217	465	15	if	if	SCONJ
cjal-3217	465	16	it	it	PRON
cjal-3217	465	17	promoted	promote	VERB
cjal-3217	465	18	a	a	DET
cjal-3217	465	19	more	more	ADV
cjal-3217	465	20	liquid	liquid	ADJ
cjal-3217	465	21	,	,	PUNCT
cjal-3217	465	22	risk	risk	NOUN
cjal-3217	465	23	-	-	PUNCT
cjal-3217	465	24	seeking	seek	VERB
cjal-3217	465	25	human	human	ADJ
cjal-3217	465	26	capital	capital	NOUN
cjal-3217	465	27	pool	pool	NOUN
cjal-3217	465	28	.	.	PUNCT
cjal-3217	466	1	vi	vi	X
cjal-3217	466	2	.	.	PROPN
cjal-3217	466	3	conclusion	conclusion	VERB
cjal-3217	466	4	the	the	DET
cjal-3217	466	5	conditions	condition	NOUN
cjal-3217	466	6	for	for	ADP
cjal-3217	466	7	venture	venture	NOUN
cjal-3217	466	8	capital	capital	NOUN
cjal-3217	466	9	in	in	ADP
cjal-3217	466	10	china	china	PROPN
cjal-3217	466	11	are	be	AUX
cjal-3217	466	12	improving	improve	VERB
cjal-3217	466	13	,	,	PUNCT
cjal-3217	466	14	as	as	ADP
cjal-3217	466	15	much	much	ADJ
cjal-3217	466	16	has	have	AUX
cjal-3217	466	17	changed	change	VERB
cjal-3217	466	18	since	since	SCONJ
cjal-3217	466	19	1985	1985	NUM
cjal-3217	466	20	.	.	PUNCT
cjal-3217	467	1	although	although	SCONJ
cjal-3217	467	2	china	china	PROPN
cjal-3217	467	3	still	still	ADV
cjal-3217	467	4	needs	need	VERB
cjal-3217	467	5	to	to	PART
cjal-3217	467	6	take	take	VERB
cjal-3217	467	7	several	several	ADJ
cjal-3217	467	8	additional	additional	ADJ
cjal-3217	467	9	steps	step	NOUN
cjal-3217	467	10	to	to	PART
cjal-3217	467	11	ensure	ensure	VERB
cjal-3217	467	12	the	the	DET
cjal-3217	467	13	development	development	NOUN
cjal-3217	467	14	of	of	ADP
cjal-3217	467	15	a	a	DET
cjal-3217	467	16	stable	stable	ADJ
cjal-3217	467	17	venture	venture	NOUN
cjal-3217	467	18	capital	capital	NOUN
cjal-3217	467	19	framework	framework	NOUN
cjal-3217	467	20	,	,	PUNCT
cjal-3217	467	21	its	its	PRON
cjal-3217	467	22	efforts	effort	NOUN
cjal-3217	467	23	thus	thus	ADV
cjal-3217	467	24	far	far	ADV
cjal-3217	467	25	have	have	AUX
cjal-3217	467	26	been	be	AUX
cjal-3217	467	27	significant	significant	ADJ
cjal-3217	467	28	.	.	PUNCT
cjal-3217	468	1	as	as	SCONJ
cjal-3217	468	2	it	it	PRON
cjal-3217	468	3	continues	continue	VERB
cjal-3217	468	4	to	to	PART
cjal-3217	468	5	move	move	VERB
cjal-3217	468	6	forward	forward	ADV
cjal-3217	468	7	in	in	ADP
cjal-3217	468	8	this	this	DET
cjal-3217	468	9	area	area	NOUN
cjal-3217	468	10	,	,	PUNCT
cjal-3217	468	11	china	china	PROPN
cjal-3217	468	12	should	should	AUX
cjal-3217	468	13	heed	heed	VERB
cjal-3217	468	14	the	the	DET
cjal-3217	468	15	important	important	ADJ
cjal-3217	468	16	lessons	lesson	NOUN
cjal-3217	468	17	learned	learn	VERB
cjal-3217	468	18	from	from	ADP
cjal-3217	468	19	other	other	ADJ
cjal-3217	468	20	countries	country	NOUN
cjal-3217	468	21	'	'	PART
cjal-3217	468	22	experiences	experience	NOUN
cjal-3217	468	23	.	.	PUNCT
cjal-3217	469	1	in	in	ADP
cjal-3217	469	2	particular	particular	ADJ
cjal-3217	469	3	,	,	PUNCT
cjal-3217	469	4	when	when	SCONJ
cjal-3217	469	5	measured	measure	VERB
cjal-3217	469	6	against	against	ADP
cjal-3217	469	7	japan	japan	PROPN
cjal-3217	469	8	's	's	PART
cjal-3217	469	9	banking	banking	NOUN
cjal-3217	469	10	-	-	PUNCT
cjal-3217	469	11	centered	center	VERB
cjal-3217	469	12	system	system	NOUN
cjal-3217	469	13	and	and	CCONJ
cjal-3217	469	14	korea	korea	PROPN
cjal-3217	469	15	's	's	PART
cjal-3217	469	16	governmentcentered	governmentcentere	VERB
cjal-3217	469	17	arrangement	arrangement	NOUN
cjal-3217	469	18	,	,	PUNCT
cjal-3217	469	19	the	the	DET
cjal-3217	469	20	u.s	u.s	PROPN
cjal-3217	469	21	.	.	PROPN
cjal-3217	469	22	's	's	PART
cjal-3217	469	23	market	market	NOUN
cjal-3217	469	24	-	-	PUNCT
cjal-3217	469	25	centered	center	VERB
cjal-3217	469	26	approach	approach	NOUN
cjal-3217	469	27	seems	seem	VERB
cjal-3217	469	28	best	well	ADV
cjal-3217	469	29	suited	suited	ADJ
cjal-3217	469	30	for	for	ADP
cjal-3217	469	31	developing	develop	VERB
cjal-3217	469	32	venture	venture	NOUN
cjal-3217	469	33	capital	capital	NOUN
cjal-3217	469	34	further	far	ADV
cjal-3217	469	35	in	in	ADP
cjal-3217	469	36	china	china	PROPN
cjal-3217	469	37	.	.	PUNCT
cjal-3217	470	1	even	even	ADV
cjal-3217	470	2	if	if	SCONJ
cjal-3217	470	3	china	china	PROPN
cjal-3217	470	4	's	's	PART
cjal-3217	470	5	legislation	legislation	NOUN
cjal-3217	470	6	ultimately	ultimately	ADV
cjal-3217	470	7	blends	blend	VERB
cjal-3217	470	8	elements	element	NOUN
cjal-3217	470	9	of	of	ADP
cjal-3217	470	10	each	each	PRON
cjal-3217	470	11	of	of	ADP
cjal-3217	470	12	those	those	DET
cjal-3217	470	13	jurisdictions	jurisdiction	NOUN
cjal-3217	470	14	'	'	PART
cjal-3217	470	15	167	167	NUM
cjal-3217	470	16	see	see	VERB
cjal-3217	470	17	i	i	PRON
cjal-3217	470	18	d.	d.	PROPN
cjal-3217	470	19	at	at	ADP
cjal-3217	470	20	473	473	NUM
cjal-3217	470	21	.	.	PUNCT
cjal-3217	471	1	168	168	NUM
cjal-3217	471	2	see	see	VERB
cjal-3217	471	3	i	i	PRON
cjal-3217	471	4	d.	d.	PROPN
cjal-3217	471	5	169	169	NUM
cjal-3217	471	6	see	see	VERB
cjal-3217	471	7	i	i	PRON
cjal-3217	471	8	d.	d.	PROPN
cjal-3217	471	9	170	170	NUM
cjal-3217	471	10	see	see	VERB
cjal-3217	471	11	i	i	PRON
cjal-3217	471	12	d.	d.	PROPN
cjal-3217	471	13	171	171	NUM
cjal-3217	471	14	see	see	VERB
cjal-3217	471	15	venture	venture	NOUN
cjal-3217	471	16	capital	capital	NOUN
cjal-3217	471	17	in	in	ADP
cjal-3217	471	18	china	china	PROPN
cjal-3217	471	19	:	:	PUNCT
cjal-3217	471	20	enter	enter	VERB
cjal-3217	471	21	at	at	ADP
cjal-3217	471	22	your	your	PRON
cjal-3217	471	23	own	own	ADJ
cjal-3217	471	24	risk	risk	NOUN
cjal-3217	471	25	,	,	PUNCT
cjal-3217	471	26	at	at	ADP
cjal-3217	471	27	http://www.chinaonline.com/industrv/	http://www.chinaonline.com/industrv/	X
cjal-3217	471	28	financial	financial	ADJ
cjal-3217	471	29	/	/	SYM
cjal-3217	471	30	newsarchive/	newsarchive/	NUM
cjal-3217	471	31	cs	cs	ADJ
cjal-3217	471	32	-	-	ADJ
cjal-3217	471	33	protected/2000	protected/2000	ADJ
cjal-3217	471	34	/	/	SYM
cjal-3217	471	35	januarv	januarv	PROPN
cjal-3217	471	36	/	/	SYM
cjal-3217	471	37	b200010322	b200010322	NOUN
cjal-3217	471	38	-	-	NOUN
cjal-3217	471	39	ss.asp	ss.asp	PROPN
cjal-3217	471	40	(	(	PUNCT
cjal-3217	471	41	jan	jan	PROPN
cjal-3217	471	42	.	.	PROPN
cjal-3217	471	43	1	1	NUM
cjal-3217	471	44	,	,	PUNCT
cjal-3217	471	45	1999	1999	NUM
cjal-3217	471	46	)	)	PUNCT
cjal-3217	471	47	.	.	PUNCT
cjal-3217	472	1	172	172	NUM
cjal-3217	472	2	see	see	VERB
cjal-3217	472	3	i	i	PRON
cjal-3217	472	4	d.	d.	PROPN
cjal-3217	472	5	2002	2002	NUM
cjal-3217	472	6	]	]	PUNCT
cjal-3217	472	7	252	252	NUM
cjal-3217	472	8	columbia	columbia	PROPN
cjal-3217	472	9	journal	journal	PROPN
cjal-3217	472	10	ofasianla	ofasianla	PROPN
cjal-3217	472	11	w	w	PROPN
cjal-3217	473	1	[	[	X
cjal-3217	473	2	16:1	16:1	NUM
cjal-3217	473	3	policies	policy	NOUN
cjal-3217	473	4	,	,	PUNCT
cjal-3217	473	5	however	however	ADV
cjal-3217	473	6	,	,	PUNCT
cjal-3217	473	7	it	it	PRON
cjal-3217	473	8	still	still	ADV
cjal-3217	473	9	promises	promise	VERB
cjal-3217	473	10	to	to	PART
cjal-3217	473	11	be	be	AUX
cjal-3217	473	12	yet	yet	ADV
cjal-3217	473	13	another	another	DET
cjal-3217	473	14	positive	positive	ADJ
cjal-3217	473	15	economic	economic	ADJ
cjal-3217	473	16	step	step	NOUN
cjal-3217	473	17	for	for	ADP
cjal-3217	473	18	china	china	PROPN
cjal-3217	473	19	.	.	PUNCT
cjal-3217	474	1	in	in	ADP
cjal-3217	474	2	keeping	keep	VERB
cjal-3217	474	3	with	with	ADP
cjal-3217	474	4	its	its	PRON
cjal-3217	474	5	transformative	transformative	ADJ
cjal-3217	474	6	approach	approach	NOUN
cjal-3217	474	7	,	,	PUNCT
cjal-3217	474	8	wto	wto	PROPN
cjal-3217	474	9	liberalization	liberalization	NOUN
cjal-3217	474	10	obligations	obligation	NOUN
cjal-3217	474	11	,	,	PUNCT
cjal-3217	474	12	and	and	CCONJ
cjal-3217	474	13	its	its	PRON
cjal-3217	474	14	general	general	ADJ
cjal-3217	474	15	market	market	NOUN
cjal-3217	474	16	-	-	PUNCT
cjal-3217	474	17	orientation	orientation	NOUN
cjal-3217	474	18	,	,	PUNCT
cjal-3217	474	19	china	china	PROPN
cjal-3217	474	20	stands	stand	VERB
cjal-3217	474	21	to	to	PART
cjal-3217	474	22	gain	gain	VERB
cjal-3217	474	23	considerably	considerably	ADV
cjal-3217	474	24	from	from	ADP
cjal-3217	474	25	encouraging	encourage	VERB
cjal-3217	474	26	the	the	DET
cjal-3217	474	27	development	development	NOUN
cjal-3217	474	28	of	of	ADP
cjal-3217	474	29	a	a	DET
cjal-3217	474	30	more	more	ADV
cjal-3217	474	31	vibrant	vibrant	ADJ
cjal-3217	474	32	venture	venture	NOUN
cjal-3217	474	33	capital	capital	NOUN
cjal-3217	474	34	market	market	NOUN
cjal-3217	474	35	.	.	PUNCT