中国经济英语作文
【篇一：经济类文章英汉翻译】
chinas economy, one of the fastest-growing economies in the world and the biggest contributor to global growth, grew 9.9 percent year-on-year in the first three quarters of this year, according to official figures relead on monday, showing a trend of a slowdown amid the current global financial crisis. in the third quarter, the gross domestic product (gdp) growth rate slowed down to 9 percent, the lowest in five years, from 10.6 percent in the first quarter, 10.1 percent for the cond quarter and 10.4 percent in the first half of 2008.
chinas economic growth has been on a steady decline since peaking in the cond quarter of 2007. the slowing world economy pummeled by the global financial crisis and weaker demand for chine exports on international markets heavily weighted on the chine economy, according to li xiaochao, spokesperson for the national bureau of statistics.
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speakoutanother widely watched indicator, the consumer price index (cpi) -- an important
measure of inflation -- ro 4.6 percent in ptember, over the same period last year. the figure, coupled with 7.1 percent in june, 6.3 percent in july, 4.9 percent in august and a nearly 12-year-high of 8.7 percent in february, shows the cpi in a downward spiral.
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analysts mainly attribute the decline in the cpi to ample grain supply and lower-than-expected income growth of chine residents, as the housing and stock markets take heavy toll, which dented residents desire to consume.
chine stocks have shed nearly 70 percent of their value from the last years peak at 6,124 points due to weak investor confidence.
the stock market ro more than two percent on monday amid expectation the government would unveil more measures to stimulate economy. the benchmark shanghai composite index gained 43.36 points to clo at 1,974.01 points. exports, one of the three major drivers of the chine economy along with investment and consumption, are taking hit from the global financial turmoil and economic slowdown. in the first three
quarters exports grew 22.3 percent, 4.8 percent points lower than the same period last year.
fixed asts investment totaled 11.6246 trillion yuan ($1.66 trillion) in the first three
quarters of 2008, up 27.0 percent over the same period last year, according to the bureau.
高分>canteen的中文the growth rate was 0.7 percentage points higher than the first half of this year, or 1.3 percentage points higher than the year-earlier level.
another key economic indicator, retail sales, incread by 22 percent year-on-year in the first three quarters and climbed 23.2 percent in ptember alone. analysts say china would have to further stimulate domestic consumption in order to push the economy forward amid an export slump.
china still has huge potential and leeway to expand domestic consumption, li said.the combination of an economic slowdown and easing inflation may give ri to louder calls favr
ipbor looning the monetary policy and adopting a more proactive fiscal policy.
analysts expect more monetary easing, building on two cuts in interest rates and banks required rerves since mid-ptember.
peeloffthe state council said on sunday chinas economy can weather the effects of the global financial turmoil, but growth will decline as business profits and public revenues slow.
in a statement at the end of an executive meeting presided by premier wen jiabao, it said the global turmoil and economic instability will have a gradual effect on the country.
it said chinas economic growth will slow along with corporate profits and public revenues, and as capital markets continue to fluctuate.
videoboyunfavorable international factors and the rious natural disasters at home have not changed the basic growth situation of our countrys economy, said the statement posted on a government website. our countrys economic growth has the ability and vigor to resist risks.
