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BEIJING, June 1 (Xinhua) -- China's economy will maintain steady and rapid development momentum1 this year though facing downward pressures, said a senior official on Friday.
The overall economic conditions are good and growth rates are within the expected range, said Du Ying, vice2 minister of National Development and Reform Commission, at a press conference.
In a recent meeting of the State Council, policy makers3 reiterated4 the keynote of seeking further progress while maintaining a stable situation and made growth a bigger priority, he said.
The government would continue with structural5 tax reduction, stick to prudent6 monetary7 policy, focus on promoting consumption and maintaining a rational investment scale, and meanwhile keep exports stable, according to Du.
China's economy grew at its slowest pace in almost three years in the first quarter of 2012, with its gross domestic product expanding only 8.1 percent during the period.
A string of economic indicators8 in April suggested further economic weaknesses in the world's second-largest economy amid renewed uncertainty9 in Europe, prompting policymakers to adopt swift measures to stabilize10 growth.
The State Council, or China's cabinet, on Wednesday adopted a plan to boost the development of seven strategic emerging industries as the country's economy slows.
The named industries include energy-saving and environmental protection, information technology, biology, advanced equipment manufacturing, new energy, new materials and new-energy vehicles.
点击收听单词发音
1 momentum | |
n.动力,冲力,势头;动量 | |
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2 vice | |
n.坏事;恶习;[pl.]台钳,老虎钳;adj.副的 | |
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3 makers | |
n.制造者,制造商(maker的复数形式) | |
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4 reiterated | |
反复地说,重申( reiterate的过去式和过去分词 ) | |
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5 structural | |
adj.构造的,组织的,建筑(用)的 | |
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6 prudent | |
adj.谨慎的,有远见的,精打细算的 | |
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7 monetary | |
adj.货币的,钱的;通货的;金融的;财政的 | |
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8 indicators | |
(仪器上显示温度、压力、耗油量等的)指针( indicator的名词复数 ); 指示物; (车辆上的)转弯指示灯; 指示信号 | |
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9 uncertainty | |
n.易变,靠不住,不确知,不确定的事物 | |
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10 stabilize | |
vt.(使)稳定,使稳固,使稳定平衡;vi.稳定 | |
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