The effective competition is an effective organizational form of the industry in modern market economy.

有效竞争是一种规模经济与竞争活力相兼容的产业组织形态。

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In modern market competition, creative thoughts has already become the idea for a enterprise to get victory.

在现代市场竞争中，创造性思维已成为企业制胜的理念。

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With severe competition in modern market environment, all enterprises in various industries are facing with many threats from various aspects.

在当今激烈的市场竞争中，各行各业的企业均面临多方面的威胁。

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Few would argue, however, with Mr Rough's analysis that the implosion heralded the "worst period of capital destruction in modern financial market history".

BBC: The virtual business got real

State governments across the country have been slashing aid to public universities even as a college education becomes more and more important in the modern job market.

FORBES: A College Education Should Not Result in Crushing Debt

Two investors are taking a gamble on a rare feat in the modern retail-property market: an ambitious redevelopment of a struggling mall in a small city.

WSJ: Plots & Ploys: Small-Market Mall Makeover