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VOA标准英语2010年-China's GDP Growth Slows, But Remains

时间：2010-11-09 03:53:55

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China's economic growth remained strong in the third quarter, though the pace slowed from earlier this year. The government's primary concern - inflation - edged slightly higher, suggesting the world's second-largest economy remains1 buoyant and has not begun to overheat.


Economic growth for July through September fell to 9.6 percent in China, down from 10.3 percent in the second quarter.

Sheng Laiyun, a spokesman from China's National Bureau of Statistics, says the figures show a year-on-year increase of 10.6 percent, 2.5 percentage points higher than the same period last year.

The figures show the Chinese economy remains strong, and despite fears from many economists3, is far from overheating.

The consumer price index rose 3.6 percent in September, up slightly from 3.5 percent in August. However, it remains well above the target for the year of 3 percent.

On Tuesday, the central bank raised interest rates, in a move many economists say was intended to gently cool the economy and get a firm grip on inflation.

The Chinese economy peaked in the first quarter, when it expanded by an annual 11.9 percent.

Jinny Yan, an economist2 Standard Chartered Bank, says she is happy to see that the Chinese economy is not overheating.

"A 9.6 percent growth is in our view much more sustainable and we think it is a healthy growth pace compared to the first quarters of this year," she noted4. "What it means is that the economy has now stabilized5. It has recovered. Now it is more about concentrating on the other risks, for example inflation or asset price inflation in the economy."

The interest rate increase and the slowing growth may ease pressure from overseas for China to allow its currency to appreciate.

Several countries, including the United States, complain that China's yuan is kept unfairly weak to give Chinese exports a market advantage. China says it will gradually adopt a more flexible exchange rate policy, to keep its economy growing, but the yuan has strengthened only about 2.5 percent in recent months.

Many economists and international policy analysts6 have said they expect China to face new demands about the yuan when the leaders of the Group of 20 leading economies meet next month.
 


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点击收听单词发音收听单词发音  

1 remains 1kMzTy     
n.剩余物，残留物；遗体，遗迹
参考例句：
  • He ate the remains of food hungrily.他狼吞虎咽地吃剩余的食物。
  • The remains of the meal were fed to the dog.残羹剩饭喂狗了。
2 economist AuhzVs     
n.经济学家，经济专家，节俭的人
参考例句：
  • He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
  • He's an economist who thinks he knows all the answers.他是个经济学家，自以为什么都懂。
3 economists 2ba0a36f92d9c37ef31cc751bca1a748     
n.经济学家，经济专家( economist的名词复数 )
参考例句：
  • The sudden rise in share prices has confounded economists. 股价的突然上涨使经济学家大惑不解。
  • Foreign bankers and economists cautiously welcomed the minister's initiative. 外国银行家和经济学家对部长的倡议反应谨慎。 来自《简明英汉词典》
4 noted 5n4zXc     
adj.著名的，知名的
参考例句：
  • The local hotel is noted for its good table.当地的那家酒店以餐食精美而著称。
  • Jim is noted for arriving late for work.吉姆上班迟到出了名。
5 stabilized 02f3efdac3635abcf70576f3b5d20e56     
v.（使）稳定， （使）稳固( stabilize的过去式和过去分词 )
参考例句：
  • The patient's condition stabilized. 患者的病情稳定下来。
  • His blood pressure has stabilized. 他的血压已经稳定下来了。 来自《现代英汉综合大词典》
6 analysts 167ff30c5034ca70abe2d60a6e760448     
分析家，化验员( analyst的名词复数 )
参考例句：
  • City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
  • I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。

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