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(单词翻译:双击或拖选)
The just concluded G20 finance ministers and central bank governors meeting in Shanghai was a key topic for discussion between Li Keqiang and Jacob Lew.
Li said the meeting reached a positive consensus1 in a number of areas.
"Even though the economic situations of these twenty countries are all different, we can still reach consensus on the substantial tasks of the next period. It gave a signal of stability to the unsteady world economic circumstances. The main economies agreed to strengthen coordination2 of macropolicy and to share opinions when adjusting macropolicy."
The Chinese premier3 also ruled out devaluing the Chinese currency as a short-cut to boosting exports.
Jacob Lew echoed Li Keqiang's view that it is significant for the major world economies to reach a broad consensus.
"I agree with you that at a time of global anxiety, it was a very important moment for the G20 meeting where there was consensus reached. It is a very important subject. The consensus in Shanghai of countries to refrain from the devaluation, coordinate4 and communicate clearly with one another is very important. The agreement that we each individually need to use all policy tools, fiscal5 structures as well as monetary6 is very important."
Lew also said he will be closely watching Li's government work report at the upcoming session of the National People's Congress in China.
In response, Premier Li said China will focus on promoting steady growth, structural7 adjustment, improving people's livelihood8 and hedge against risks.
Following the meeting, Chinese Vice9 finance minister Zhu Guangyao briefed the media, saying China will focus on accelerating structural adjustment and reducing overcapacity.
He reiterated10 that authorities will take steps to handle the employment issue properly during the process of reform.
"We have chosen steel and coal sectors11 as the key in reducing overcapacity. We must handle the unemployment issue properly, offering opportunities for those who lost their jobs in the two sectors, through special funds. We need more people to start their own business and mass innovation."
Zhu added keeping unemployment low is a top policy priority, and one that is becoming more difficult as growth sags12.
The Chinese economy logged its lowest annual expansion in a quarter of a century at 6.9 percent in 2015.
For CRI, this is Fei Fei.
1 consensus | |
n.(意见等的)一致,一致同意,共识 | |
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2 coordination | |
n.协调,协作 | |
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3 premier | |
adj.首要的;n.总理,首相 | |
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4 coordinate | |
adj.同等的,协调的;n.同等者;vt.协作,协调 | |
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5 fiscal | |
adj.财政的,会计的,国库的,国库岁入的 | |
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6 monetary | |
adj.货币的,钱的;通货的;金融的;财政的 | |
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7 structural | |
adj.构造的,组织的,建筑(用)的 | |
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8 livelihood | |
n.生计,谋生之道 | |
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9 vice | |
n.坏事;恶习;[pl.]台钳,老虎钳;adj.副的 | |
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10 reiterated | |
反复地说,重申( reiterate的过去式和过去分词 ) | |
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11 sectors | |
n.部门( sector的名词复数 );领域;防御地区;扇形 | |
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12 sags | |
向下凹或中间下陷( sag的第三人称单数 ); 松弛或不整齐地悬着 | |
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