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滩 制卧爱分贸多本考 金融英语阅读 The G-7 countries are aware that their actions-including the creation of the G-20 and the FSF-and the introduction(which they inspired)of meetings of IMFC Deputies to prepare for IMFC meetings gnaw at the Executive Board's authority. Meanwhile,pressure is building from emerging market countries-especially in Asia-and from developing countries more generally,for a greater say in IMF decision-making.What follow are some thoughts on reforms from the perspective of someone who served the Board as the IMF's Secretary for nearly 20 years. A As a result,the Board's authority has weakened,and the G-7 is increasingly seen as a self-appointed directoire of the international monetary system B.The G-7 leaders wanted more focus on strengthening crisis prevention and resolution in an environment increasingly defined by open capital markets C Political decisions will be required to ensure very broad support within the membership for the promotion of reasonable equity. D Since 1999,much progress has been made,largely through the work of the IMF, in correcting the systemic weaknesses that had become apparent E They also realize,however,that the IMF Board has the unique legitimacy of being the decision-making organ of the central organization for global monetary cooperation F The required changes in the distribution of voting shares can best be achieved through a package of reforms implemented in the context of a general quota review. G They would do so partly through the institution that oversees it,the International Monetary Fund(IMF) Translation Translate the English into Chinese: In light of the strong momentum of economic growth this year,the banking institutions have expanded their loan businesses.As of the end of October 2003,the outstanding balance of loans provided by the banking institutions totaled 16.73 trillion yuan,a growth of 23.6 percent over the same period of 2002. Nevertheless,the CBRC remained vigilant on the risks associated with the rapid expansion of loans,and continued to require banking institutions to cut down both the NPL stocks and ratio.Based on the five-category classification,the outstanding balance of NPLs held by the main banking institutions declined by 96.6 billion yuan, and the NPL ratio was reduced by 4.37 percent to 18.74 percent in the first nine months of 2003.In particular,the outstanding balance and the ratio of NPLs of the four state-owned commercial banks stood at 999.23 billion yuan and 21.38 percent 第2页共4页金融英语阅读 第 2 页 共 4 页 The G-7 countries are aware that their actions—including the creation of the G-20 and the FSF—and the introduction (which they inspired) of meetings of IMFC Deputies to prepare for IMFC meetings gnaw at the Executive Board's authority. 5_______________ Meanwhile, pressure is building from emerging market countries—especially in Asia—and from developing countries more generally, for a greater say in IMF decision-making. What follow are some thoughts on reforms from the perspective of someone who served the Board as the IMF's Secretary for nearly 20 years. A. As a result, the Board's authority has weakened, and the G-7 is increasingly seen as a self-appointed directoire of the international monetary system B. The G-7 leaders wanted more focus on strengthening crisis prevention and resolution in an environment increasingly defined by open capital markets C. Political decisions will be required to ensure very broad support within the membership for the promotion of reasonable equity. D. Since 1999, much progress has been made, largely through the work of the IMF, in correcting the systemic weaknesses that had become apparent E. They also realize, however, that the IMF Board has the unique legitimacy of being the decision-making organ of the central organization for global monetary cooperation F. The required changes in the distribution of voting shares can best be achieved through a package of reforms implemented in the context of a general quota review. G. They would do so partly through the institution that oversees it, the International Monetary Fund (IMF) Translation Translate the English into Chinese: In light of the strong momentum of economic growth this year, the banking institutions have expanded their loan businesses. As of the end of October 2003, the outstanding balance of loans provided by the banking institutions totaled 16.73 trillion yuan, a growth of 23.6 percent over the same period of 2002. Nevertheless, the CBRC remained vigilant on the risks associated with the rapid expansion of loans, and continued to require banking institutions to cut down both the NPL stocks and ratio. Based on the five-category classification, the outstanding balance of NPLs held by the main banking institutions declined by 96.6 billion yuan, and the NPL ratio was reduced by 4.37 percent to 18.74 percent in the first nine months of 2003. In particular, the outstanding balance and the ratio of NPLs of the four state-owned commercial banks stood at 999.23 billion yuan and 21.38 percent
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