《中国经济发展的英文作文描述范文|经济发展英文作文》
摘要:recovery from the 7.7% pace of growth in the first three quarters of this year to the double-digit growth rates of the recent past is not on the cards. Indeed it is more likely that we will see growth over the next two to three years in the 6.5% 8% range, with some possibility for slightly higher growth beyond that time horizon, if the new leaders can introduce the right reforms.,growth in the first three quarters this year, and softening investment, particularly for property. But with China's broad external surplus at a 10-year low in the first half of this year, absent a complete European melt down (in which case all bets are off), the drag on growth from the external sector is not likely to worsen significantly from here. The bigger worry is property investment, which is growing at barely half the pace of 2011 but still twice as fast as the underlying economy. If property investment moderates further for several additional quarters, GDP growth could slide to under 7%.,note, consumption demand played a more positive role in generating economic growth last year as both private and government consumption as a share of GDP notched up their biggest increases in more than a decade. The growth of average disposable income of urban resid
ents relative to GDP growth in the first three quarters is even more favorable this year than last, providing the foundation for relatively strong private consumption growth again this year, helping to cushion any further slowdown in property investment.
我国经济的发展离不开什么,你在英语作文中的观点有清晰地表达出来了吗?下面是小编给大家整理中国经济发展英文写作范文,供大家参阅!
近年来,中国经济保持快速发展,为世界经济发展注入了活力。实践证明了中国在加入世贸组织之前的预言:中国的发展离不开世界,世界的发展需要中国。未来20年,在全面建设小康社会的进程中,中国一定会对世界经济的发展和实现全人类的共同进步做出历史性的贡献。为此,中国将继续扩大外贸,大力实施西部大开发战略,进一步改善投资环境,为外商提供更大的商机。同时,中国将引导和支持更多有比较优势的企业对外投资,开展平等互利形式多样的经济技术合作。中国将进一步加强双边、多边和区域经济合作,实现世界各国各地区的共同发展。
In recent years, Chinas economy has maintained rapid development, injecting vigor into global economic growth. Facts have confirmed the prediction made by China before its W
TO accession: Chinas development cannot be sustained without the world, and world development needs China. In the coming 20 years, China is bound to make historic contributions to global economic development and to the common progress of mankind, while building a well-off society in an all-round way. To achieve this, China will continue to expand foreign trade, energetically implement its west development strategy, further improve its investment environment, and provide overseas investors with greater business opportunities. Meanwhile, it will guide and support competitive enterprises to invest overseas and carry out diverse forms of economic and technological cooperation on the basis of equality and mutual benefit. China will further intensify bilateral, multilateral and regional economic cooperation, so as to achieve common development in all countries and regions in the world.
For the last thirty years, China's economy averaged a growth rate of close to 10% a year. Now, with China on the cusp of a crucial leadership transition - and of joining the club of advanced economies that has fallen away. The latest numbers shows growth in the third quarter at just 7.4%.
Is 7% 8% growth the new normal? Or is a further sharp slowdown in China's economy inevitable? China Real Time has asked two of the leading experts on the world's second-largest economy to debate that question:
Nick Lardy, an expert on China's economy at the Peterson Institute, is arguing current growth rates can be sustained. Michael Pettis, a中国的英文怎么写
professor of finance at Peking University, is arguing a further sharp slowdown is inevitable. The opening exchange of views is posted below, with more to be posted next week.
Dear Michael,
China's economic growth has now slowed for seven consecutive quarters and the bears are arguing not only is real growth lower than the headline number but that a further sharp slowdown in China's economy is inevitable.
Certainly a quick recovery from the 7.7% pace of growth in the first three quarters of this y
ear to the double-digit growth rates of the recent past is not on the cards. Indeed it is more likely that we will see growth over the next two to three years in the 6.5% 8% range, with some possibility for slightly higher growth beyond that time horizon, if the new leaders can introduce the right reforms.
The main causes of the slowdown are the weak external sector, with the shrinkage of net exports subtracting almost a half a percentage
point of economic growth in the first three quarters this year, and softening investment, particularly for property. But with China's broad external surplus at a 10-year low in the first half of this year, absent a complete European melt down (in which case all bets are off), the drag on growth from the external sector is not likely to worsen significantly from here. The bigger worry is property investment, which is growing at barely half the pace of 2011 but still twice as fast as the underlying economy. If property investment moderates further for several additional quarters, GDP growth could slide to under 7%.
On a more bullish note, consumption demand played a more positive role in generating e
conomic growth last year as both private and government consumption as a share of GDP notched up their biggest increases in more than a decade. The growth of average disposable income of urban residents relative to GDP growth in the first three quarters is even more favorable this year than last, providing the foundation for relatively strong private consumption growth again this year, helping to cushion any further slowdown in property investment.
If the government strengthens its policies to rebalance the sources of
economic growth by continuing to allow the value of the renminbi to be mostly market determined, further liberalizing deposit interest rates, and eliminating unwarranted subsidies for industrial energy consumption, the sources of China's economic growth could be gradually rebalanced away from investment in favor of private consumption expenditure, thus putting China's growth on a more sustainable path.
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