英语听力精选进阶版 14052

China's economic targets

Summary

12 November 2012

The economy will be one of the biggest challenges for the new Chinese leadership emerging¹ from the Communist Party Congress, which continues in Beijing. The outgoing President Hu Jintao has already set a target for his successor² of doubling income per person by the end of the decade.

Reporter:

Andrew Walker

Report

Judging by China's recent performance, Hu Jintao's target might be seen as easily achievable. It implies economic growth of about 9.6% a year, which is rather less than the average over the last three decades. But that growth was based on some elements that can't last indefinitely.

In common with many emerging countries, China's economic success has involved a rapid increase in the number of industrial workers, many of them moving from rural to urban areas. There is a limit to that process, and China might be close to it already. Very high levels of investment have also been important, but they are not seen as sustainable.

There is also the central role that exports have played in China's growth. The uncertain outlook in many rich country markets casts a shadow over that too. Most economists³ think the transition⁴ that's needed is to an economy driven much more by spending by China's own consumers. As incomes have risen, so has consumer spending, but its share in economic activity remains⁵ unusually low.

The World Bank has set out reforms that might help change that, by reducing incentives⁶ to focus on exports, and industrial investment. The Bank also suggests a wider reform effort to make China more of a market economy. If that analysis is right, the prize could be many more years of strong economic performance and rising Chinese living standards.

1 emerging   

adj.正在不断出现的

参考例句：

• Two candidates are emerging as contestants for the presidency. 两位候选人最终成为总统职位竞争者。
• I saw the woman emerging out of a shop. 我看见那个妇女从商店里走出来。

2 successor   

n.接替的人或物，继任者

参考例句：

• He gave over charge of his office to his successor today.他今天向继任者交接了工作。
• The chairman has designated her as his successor.主席已指定她作为他的接班人。

3 economists   

n.经济学家，经济专家( economist的名词复数 )

参考例句：

• The sudden rise in share prices has confounded economists. 股价的突然上涨使经济学家大惑不解。
• Foreign bankers and economists cautiously welcomed the minister's initiative. 外国银行家和经济学家对部长的倡议反应谨慎。 来自《简明英汉词典》

4 transition   

n.转变，变迁，过渡

参考例句：

• Adolescence is the period of transition between childhood and adulthood.青春期是童年与成年之间的过渡时期。
• They all support a peaceful transition.他们全部都支持和平过渡。

5 remains   

n.剩余物，残留物；遗体，遗迹

参考例句：

• He ate the remains of food hungrily.他狼吞虎咽地吃剩余的食物。
• The remains of the meal were fed to the dog.残羹剩饭喂狗了。

6 incentives   

激励某人做某事的事物( incentive的名词复数 )； 刺激； 诱因； 动机

参考例句：

• tax incentives to encourage savings 鼓励储蓄的税收措施
• Furthermore, subsidies provide incentives only for investments in equipment. 更有甚者，提供津贴仅是为鼓励增添设备的投资。 来自英汉非文学 - 环境法 - 环境法