”制卧分贸多上考 金融英语阅读 "China's FAI grows too fast at this time last year,especially real estate investment, arousing widespread concern for an overheated economy.After a series of macro-control measures,the current 26.4 percent growth is expected by the central government,said Wang. Xu Lianzhong,an expert with the Price Monitor Center of the NDRC,said that the current FAI growth is in the range of healthy growth,and able to drive up the economy by the anticipated 8 percent. "Speaking of the 1.8 percent CPI growth,it indicated less inflation pressure," acknowledged Xu."The Chinese economy isentering a phase of fast growth and low inflation." As for export disputes,Xu said that they could be resolved through negotiation. 3 There is another hidden factor driving up the Chinese economy,often ignored by overseas experts,said Xu."The enthusiasm of the local governments to develop." "To pursue better evaluation of their work,they will not let local economy cool down,"said Xu."They are inspired to continuously explore new economic growth points." Both experts agree that due to the macro-control measures,which have been in place for one year and a half,the Chinese economy is now experiencing a "soft-landing" and heading for healthy development. China's economy bid farewell to the five-year-long deflation in 2003,embracing a new round of economic growth.4 To avoid abrupt economic changes,China took a batch of macro-control measures to rein in growth some overheated sectors at the beginning of last year,prolonging this round of economic prosperity. China's ongoing macro-control measures cut down overproduction in some sectors and reduced the possibility of deflation in the future,"said Wang. 5. they voiced their belief that the central bank should consider taking some precaution measures,like relaxing its money supply The growth of a broad money supply M2 in China,which covers cash in circulation and all deposits,quickened slightly to 14.6percent in May over 14.1 percent in April. However,China's target for M2 supply growth is 15 percent this year A.But that does not signal a general cooling-down, B.But following that,the bank loans increased dramatically,investment rocketed and 第2页共4页金融英语阅读 第 2 页 共 4 页 "China's FAI grows too fast at this time last year, especially real estate investment, arousing widespread concern for an overheated economy. After a series of macro-control measures, the current 26.4 percent growth is expected by the central government, " said Wang. Xu Lianzhong, an expert with the Price Monitor Center of the NDRC, said that the current FAI growth is in the range of healthy growth, and able to drive up the economy by the anticipated 8 percent. "Speaking of the 1.8 percent CPI growth, it indicated less inflation pressure," acknowledged Xu. "The Chinese economy isentering a phase of fast growth and low inflation." As for export disputes, Xu said that they could be resolved through negotiation. 3_______________. There is another hidden factor driving up the Chinese economy, often ignored by overseas experts, said Xu. "The enthusiasm of the local governments to develop." "To pursue better evaluation of their work, they will not let local economy cool down," said Xu. "They are inspired to continuously explore new economic growth points." Both experts agree that due to the macro-control measures, which have been in place for one year and a half, the Chinese economy is now experiencing a "soft-landing" and heading for healthy development. China's economy bid farewell to the five-year-long deflation in 2003, embracing a new round of economic growth. 4_______________. To avoid abrupt economic changes, China took a batch of macro- control measures to rein in growth some overheated sectors at the beginning of last year, prolonging this round of economic prosperity. China's ongoing macro-control measures cut down overproduction in some sectors and reduced the possibility of deflation in the future," said Wang. 5._______________. they voiced their belief that the central bank should consider taking some precaution measures, like relaxing its money supply. The growth of a broad money supply M2 in China, which covers cash in circulation and all deposits, quickened slightly to 14.6percent in May over 14.1 percent in April. However, China's target for M2 supply growth is 15 percent this year. A. But that does not signal a general cooling-down, B. But following that, the bank loans increased dramatically, investment rocketed and