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(单词翻译:双击或拖选)
Official data show that foreign direct investment into the Chinese mainland expanded 11.8 percent year on year to nearly 70.4 billion yuan in April.
In U.S. dollar terms, the FDI inflow stood at over 10 billion dollars, up 8.6 percent year on year.
Authorities say China's proactive fiscal1 policy will be more positive to soften2 the impact of the COVID-19 pandemic on the country's development.
Finance Minister Liu Kun says China will improve the quality and effect of its fiscal policy and ramp3 up counter-cyclical adjustments to cushion the economy against the epidemic4, while continuing to fend5 off debt risks.
Liu calls for adhering to measures including increasing the government deficit6 ratio, implementing7 tax and fee reductions, and expanding government investments.
He stresses the need to ensure employment, while supporting micro, small and medium-sized companies and virus-hit sectors8.
The minister adds that China will promote innovation and industrial upgrading, advance high-quality growth of manufacturing and keep the industry chain stable.
A group of Chinese medical experts have departed for Algeria to aid its fight against COVID-19.
They include 15 medics from Chongqing and five from Macao.
The experts will guide local pandemic prevention and control work. They will also have video conferences with eight other countries and provide medical training for them.
The city of Chongqing also donated medical supplies that include protective gear and medical equipment, which will arrive in Algeria along with the Chinese experts.
The northeast Chinese city of Jilin has adopted several extra stringent9 measures to curb10 the spread of the COVID-19 pandemic.
It came after Shulan, a county-level city administered by Jilin, recently reported multiple domestically transmitted COVID-19 cases.
The measures include suspending all coach and tourist charter bus services and applying closed-off management to all the city's residential11 communities and villages.
New Zealand has unveiled a record fund in its budget to restore an economy hit by the coronavirus pandemic.
The massive spending includes billions on infrastructure12, healthcare, housing and an extension of its wage subsidy13 scheme.
New Zealand Finance Minister Grant Robertson explains:
"Through this budget we are establishing the $50 billion COVID-19 response and recovery fund. This fund builds on top of the initial $12.1 billion package and the $12 billion New Zealand upgrade program that we announced in January."
New Zealand has reported no new COVID-19 cases for three consecutive14 days. The total number of confirmed and probable cases remains15 under 15 hundred.
The Japanese government is holding a coronavirus task force meeting to get experts' approval on a plan to lift an ongoing16 state of emergency in most areas ahead of schedule.
Prime Minister Shinzo Abe declared a month-long state of emergency on April 7 in Tokyo and six other urban prefectures and later expanded it to the whole country through May 31.
Twitter's CEO Jack17 Dorsey has told employees they can work from home permanently18, even after the coronavirus pandemic is over.
Most of the company's employees at its San Francisco headquarters have been working remotely since two months ago.
Business trend analyst19 Silvina Moschini says the pandemic has brought about a new normal that people need to adapt to.
"I think that COVID brought a massive acceleration20, culturally wise much more than technology wise, to help us change our minds and realize that we can do many things that before we did not know are even possible."
Employees at other big tech companies such as Facebook and Google have also been working remotely with plans to move back to offices.
1 fiscal | |
adj.财政的,会计的,国库的,国库岁入的 | |
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2 soften | |
v.(使)变柔软;(使)变柔和 | |
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3 ramp | |
n.暴怒,斜坡,坡道;vi.作恐吓姿势,暴怒,加速;vt.加速 | |
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4 epidemic | |
n.流行病;盛行;adj.流行性的,流传极广的 | |
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5 fend | |
v.照料(自己),(自己)谋生,挡开,避开 | |
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6 deficit | |
n.亏空,亏损;赤字,逆差 | |
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7 implementing | |
v.实现( implement的现在分词 );执行;贯彻;使生效 | |
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8 sectors | |
n.部门( sector的名词复数 );领域;防御地区;扇形 | |
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9 stringent | |
adj.严厉的;令人信服的;银根紧的 | |
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10 curb | |
n.场外证券市场,场外交易;vt.制止,抑制 | |
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11 residential | |
adj.提供住宿的;居住的;住宅的 | |
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12 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
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13 subsidy | |
n.补助金,津贴 | |
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14 consecutive | |
adj.连续的,联贯的,始终一贯的 | |
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15 remains | |
n.剩余物,残留物;遗体,遗迹 | |
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16 ongoing | |
adj.进行中的,前进的 | |
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17 jack | |
n.插座,千斤顶,男人;v.抬起,提醒,扛举;n.(Jake)杰克 | |
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18 permanently | |
adv.永恒地,永久地,固定不变地 | |
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19 analyst | |
n.分析家,化验员;心理分析学家 | |
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20 acceleration | |
n.加速,加速度 | |
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