-
(单词翻译:双击或拖选)
Premier1 Li Keqiang met with the heads of world's six major financial bodies, including the International Monetary2 Fund, the World Bank, and the World Trade Organization this morning.
During the meeting, he outlined the current state of China's economy, which has been undergoing major structural3 reforms.
"China will continue to advance the reform of the market-determined4 exchange rate. China's economy is, in general, in a stable condition. The savings5 rate is relatively6 high. The trend for our economic development is positive. We will maintain our currency levels at a stable level and not engage in currency or trade wars."
A press release from the meeting says China is committed to fostering innovation and other new growth engines, deepening structural reform in particular on the supply-side.
This coincides with the Chinese government's decision on Wednesday to officially implement7 a five-year plan for technological8 innovation.
A government statement says the new plan will facilitate the rise of new economies and propel ongoing9 economic upgrades in China.
The International Monetary Fund has lowered the forecast for global economic growth, due to the uncertainties10 brought about by the UK's decision to leave the European Union.
However, Christine Lagarde, Managing Director of IMF, said China offers a different picture.
"We've increased the forecast for China in 2016 by 0.1%. Because we have witnessed the determined and decisive implementation11 of reform. Second is the support given to the economy, in order to encourage growth going forward. On the later point, it did not take for vast fiscal12 stimulus13, but simply some consolidate14 steady support in order to make sure that growth was indeed and sustainable."
China's moves to cut excess capacity, especially in the coal and steel sectors15, were another issue that grabbed the limelight at the round-table meeting.
Premier Li Keqiang said the pressure was coming from inside rather than abroad.
"It's necessary for China to cut overcapacity in order to adjust the industrial structure. China's output of crude steel is relatively large. Nearly 90% of the production is to meet domestic needs for urbanization and industrialization. The export volume is relatively low. And we also don't encourage or support enterprises to export crude steel. We even raised export tariffs16, to prevent the spread of high-polluting and energy consuming enterprises in the country."
World Bank President Jim Yong Kim praised China's contribution to multilateralism, as the only country to host 2 new multilateral organizations in the past two years.
"All of us here at this table believe very strongly that what we need is more multilateralism, and more trade. So my most important take-away is that I'm grateful to premier Li and the Chinese government for this message of embracing multilateralism, and working together to solve the world's most difficult problems. This is a message very much needed today."
Participants at the meeting also include the chiefs of the International Labor17 Organization, the Organization for Economic Cooperation and Development, and the Financial Stability Board.
They have agreed that the round-table should become a regular mechanism18 to strengthen ties between China and international organizations.
The round-table meeting was held ahead of this weekend's gathering19 of finance officials of the Group of 20 major economies in Chengdu.
![收听单词发音](/images/play.gif)
1
premier
![]() |
|
adj.首要的;n.总理,首相 | |
参考例句: |
|
|
2
monetary
![]() |
|
adj.货币的,钱的;通货的;金融的;财政的 | |
参考例句: |
|
|
3
structural
![]() |
|
adj.构造的,组织的,建筑(用)的 | |
参考例句: |
|
|
4
determined
![]() |
|
adj.坚定的;有决心的 | |
参考例句: |
|
|
5
savings
![]() |
|
n.存款,储蓄 | |
参考例句: |
|
|
6
relatively
![]() |
|
adv.比较...地,相对地 | |
参考例句: |
|
|
7
implement
![]() |
|
n.(pl.)工具,器具;vt.实行,实施,执行 | |
参考例句: |
|
|
8
technological
![]() |
|
adj.技术的;工艺的 | |
参考例句: |
|
|
9
ongoing
![]() |
|
adj.进行中的,前进的 | |
参考例句: |
|
|
10
uncertainties
![]() |
|
无把握( uncertainty的名词复数 ); 不确定; 变化不定; 无把握、不确定的事物 | |
参考例句: |
|
|
11
implementation
![]() |
|
n.实施,贯彻 | |
参考例句: |
|
|
12
fiscal
![]() |
|
adj.财政的,会计的,国库的,国库岁入的 | |
参考例句: |
|
|
13
stimulus
![]() |
|
n.刺激,刺激物,促进因素,引起兴奋的事物 | |
参考例句: |
|
|
14
consolidate
![]() |
|
v.使加固,使加强;(把...)联为一体,合并 | |
参考例句: |
|
|
15
sectors
![]() |
|
n.部门( sector的名词复数 );领域;防御地区;扇形 | |
参考例句: |
|
|
16
tariffs
![]() |
|
关税制度; 关税( tariff的名词复数 ); 关税表; (旅馆或饭店等的)收费表; 量刑标准 | |
参考例句: |
|
|
17
labor
![]() |
|
n.劳动,努力,工作,劳工;分娩;vi.劳动,努力,苦干;vt.详细分析;麻烦 | |
参考例句: |
|
|
18
mechanism
![]() |
|
n.机械装置;机构,结构 | |
参考例句: |
|
|
19
gathering
![]() |
|
n.集会,聚会,聚集 | |
参考例句: |
|
|