The world enters a new round of rate-hike cycle;

The analyses on the effect of rate risk in the cycle of interest rise on the capital adequate rate of Chinese commerce banks;

The People′s Bank of China has cut interest rate several times since September 2008,signaling the advent of a new round of interest rate cut cycle.

With the FEA method, the author calculated and analyzed the deflections of the pavement under dynamic loadings with different loading cycles, and compared the life ratio under different loading cycles as well.