2018年CRI China's economic contribution lauded at the Asian Financial Forum

 

A sense of optimism is said to have been generated about Asia's overall economic health from the now-concluded Asian Financial Forum¹ in Hong Kong, with the role of the Chinese mainland being lauded² in the region's development.

The 11th Asian Financial Forum, which took place over the last two days in Hong Kong, has gathered over 100 international financial policymakers, business leaders and heavyweight investors³.

The participants have discussed various issues, including the state of the global economy and market opportunities for Asia.

Hong Kong Chief Executive Carrie Lam says global investors and entrepreneurs are continuing to benefit from the increased financial integration⁴ between the Chinese mainland and Hong Kong.

"As China has embedded⁵ and integrated itself into the world economy, creating a symbiotic⁶ relationship of scale and complexity⁷ unseen in history, the roles of Hong Kong and the functions we could uniquely offer, as an international financial center, underpinned⁸ by one country two systems, has taken on increased relevance⁹ and importance as never before," Lam said.

David Lipton, Deputy Managing Director of the International Monetary¹⁰ Fund, has told the forum that the global economy shows clear signs of recovery.

He says China is leading the way as a hub for global exports and imports, providing one third of the world's trade growth.

Lipton suggests China should further the reform process to achieve more sustainable economic development.

"We see two core policy objectives. First, to push further the policies that have been rebalancing the growth toward consumptions, with the stronger role of private businesses. This calls for less public and more private investment and a progressive tax system. Second, to safeguard financial stability. 

This means continued efforts to run credit growth and maintain oversight¹¹ of some lending practices. China has made considerable progress in this area," Lipton said.

Jiang Yang, Vice¹² President of the China Securities Regulatory Commission, says the government also intends to make the capital markets more robust¹³.

"Over the years, with the fast paced construction of the market, deepened reform and strengthened supervision¹⁴, China's capital market is more capable to serve the real economy. Currently, there are nearly 3,500 listed companies in the market. The fund-raising scale and funds for acquisition and re-organization are all ranked highly in the world. But the Chinese capital market still has space to grow. China will adhere to the high-quality development method with an emphasis on supply side reforms," Jiang said.

Jiang adds the China Securities Regulatory Commission will push for more companies to list in areas covering poverty reduction and green development.

The Asian Financial Forum has become an annual event put on by the Hong Kong regional government and the city's Trade Development Council.

1 forum   

n.论坛，讨论会

参考例句：

• They're holding a forum on new ways of teaching history.他们正在举行历史教学讨论会。
• The organisation would provide a forum where problems could be discussed.这个组织将提供一个可以讨论问题的平台。

2 lauded   

v.称赞，赞美( laud的过去式和过去分词 )

参考例句：

• They lauded the former president as a hero. 他们颂扬前总统为英雄。 来自辞典例句
• The nervy feats of the mountaineers were lauded. 登山者有勇气的壮举受到赞美。 来自辞典例句

3 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

4 integration   

n.一体化，联合，结合

参考例句：

• We are working to bring about closer political integration in the EU.我们正在努力实现欧盟內部更加紧密的政治一体化。
• This was the greatest event in the annals of European integration.这是欧洲统一史上最重大的事件。

5 embedded   

a.扎牢的

参考例句：

• an operation to remove glass that was embedded in his leg 取出扎入他腿部玻璃的手术
• He has embedded his name in the minds of millions of people. 他的名字铭刻在数百万人民心中。

6 symbiotic   

adj.共栖的，共生的

参考例句：

• Racing has always had a symbiotic relationship with betting.赛马总是与赌博相挂钩。
• Engineering completely new symbiotic relationship is obviously not an imminent possibility.筹划完全新的共生关系显然是可能性不大。

7 complexity   

n.复杂(性)，复杂的事物

参考例句：

• Only now did he understand the full complexity of the problem.直到现在他才明白这一问题的全部复杂性。
• The complexity of the road map puzzled me.错综复杂的公路图把我搞糊涂了。

8 underpinned   

v.用砖石结构等从下面支撑（墙等）( underpin的过去式和过去分词 )；加固（墙等）的基础；为（论据、主张等）打下基础；加强

参考例句：

• The report is underpinned by extensive research. 这份报告以广泛的研究为基础。
• The statue of Diana was underpinned with charred piles. Diana雕像是建造在炭化了的木桩上的。 来自辞典例句

9 relevance   

n.中肯，适当，关联，相关性

参考例句：

• Politicians' private lives have no relevance to their public roles.政治家的私生活与他们的公众角色不相关。
• Her ideas have lost all relevance to the modern world.她的想法与现代社会完全脱节。

10 monetary   

adj.货币的，钱的；通货的；金融的；财政的

参考例句：

• The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
• Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。

11 oversight   

n.勘漏，失察，疏忽

参考例句：

• I consider this a gross oversight on your part.我把这件事看作是你的一大疏忽。
• Your essay was not marked through an oversight on my part.由于我的疏忽你的文章没有打分。

12 vice   

n.坏事；恶习；[pl.]台钳，老虎钳；adj.副的

参考例句：

• He guarded himself against vice.他避免染上坏习惯。
• They are sunk in the depth of vice.他们堕入了罪恶的深渊。

13 robust   

adj.强壮的，强健的，粗野的，需要体力的，浓的

参考例句：

• She is too tall and robust.她个子太高，身体太壮。
• China wants to keep growth robust to reduce poverty and avoid job losses,AP commented.美联社评论道，中国希望保持经济强势增长，以减少贫困和失业状况。

14 supervision   

n.监督，管理

参考例句：

• The work was done under my supervision.这项工作是在我的监督之下完成的。
• The old man's will was executed under the personal supervision of the lawyer.老人的遗嘱是在律师的亲自监督下执行的。