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CCTV9英语新闻:迪拜的目标是抓住世界黄金业务39% 2020

时间:2014-05-11 11:13:19

(单词翻译:单击)

 Growth in gold demand is shifting east, to Asia’s fast-growing economies. But key industry activities such as refining and clearing remain dominated by the west. Dubai wants to change that -- with plans to build one of the world’s largest gold refineries1.

 
One of the world’s largest gold refineries is being built on the outskirts2 of Duba and when it’s completed next year, the $60 million U.S. dollar refinery3 may help shift the balance of power in the world’s gold industry.
 
Nearly 40 percent of the world’s physical gold trade passed through Dubai last year but its refining strength remains4 weak, according to the Dubai Multi Commodities Centre Switzerland dominates that aspect of the sector5 and refines about 70 percent of the world’s gold.
 
The refinery is expecting that gold demand in Asia will continue to grow in the future. But that expected growth isn’t a sure thing. India, for one, imposed a record 10 percent import tariff6 on gold in a bid to reduce its current account deficit7. China’s gold imports, meanwhile, fell by a third in the first quarter.
 
Kaloti said he sees little risk of a long-term interruption to growth as his firm’s precious metals output and trade have improved 25 to 35 percent annually8 for the past 25 years.
 
Another source of frustration9 is endorsement10. The London Bullion11 Market Association runs a Good Delivery List of certified12 refineries. Some feel the system favors Western companies. That could change, though, with Dubai’s refining capacity expansion and developments in exchange based trading. Dubai’s proximity13 to the growing economies in the east also would put it in a strong position to challenge Europeean dominance.
 

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1 refineries f6f752d4dedfa84ee0eead1d97a27bb2     
精炼厂( refinery的名词复数 )
参考例句:
  • The efforts on closedown and suspension of small sugar refineries, small saccharin refineries and small paper mills are also being carried out in steps. 关停小糖厂、小糖精厂、小造纸厂的工作也已逐步展开。
  • Hence the sitting of refineries is at a distance from population centres. 所以,炼油厂的厂址总在远离人口集中的地方。
2 outskirts gmDz7W     
n.郊外,郊区
参考例句:
  • Our car broke down on the outskirts of the city.我们的汽车在市郊出了故障。
  • They mostly live on the outskirts of a town.他们大多住在近郊。
3 refinery QiayX     
n.精炼厂,提炼厂
参考例句:
  • They built a sugar refinery.他们建起了一座榨糖厂。
  • The purpose of oil refinery is to refine crude petroleum.炼油厂的主要工作是提炼原油。
4 remains 1kMzTy     
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。
5 sector yjczYn     
n.部门,部分;防御地段,防区;扇形
参考例句:
  • The export sector will aid the economic recovery. 出口产业将促进经济复苏。
  • The enemy have attacked the British sector.敌人已进攻英国防区。
6 tariff mqwwG     
n.关税,税率;(旅馆、饭店等)价目表,收费表
参考例句:
  • There is a very high tariff on jewelry.宝石类的关税率很高。
  • The government is going to lower the tariff on importing cars.政府打算降低进口汽车的关税。
7 deficit tmAzu     
n.亏空,亏损;赤字,逆差
参考例句:
  • The directors have reported a deficit of 2.5 million dollars.董事们报告赤字为250万美元。
  • We have a great deficit this year.我们今年有很大亏损。
8 annually VzYzNO     
adv.一年一次,每年
参考例句:
  • Many migratory birds visit this lake annually.许多候鸟每年到这个湖上作短期逗留。
  • They celebrate their wedding anniversary annually.他们每年庆祝一番结婚纪念日。
9 frustration 4hTxj     
n.挫折,失败,失效,落空
参考例句:
  • He had to fight back tears of frustration.他不得不强忍住失意的泪水。
  • He beat his hands on the steering wheel in frustration.他沮丧地用手打了几下方向盘。
10 endorsement ApOxK     
n.背书;赞成,认可,担保;签(注),批注
参考例句:
  • We are happy to give the product our full endorsement.我们很高兴给予该产品完全的认可。
  • His presidential campaign won endorsement from several celebrities.他参加总统竞选得到一些社会名流的支持。
11 bullion VSryB     
n.金条,银条
参考例句:
  • In the London bullion market yesterday,the price of gold was steady.昨天伦敦金银市场黄金价格稳定。
  • Police have launched a man-hunt for the bullion robbers.警方已大举搜捕抢劫金条的罪犯。
12 certified fw5zkU     
a.经证明合格的;具有证明文件的
参考例句:
  • Doctors certified him as insane. 医生证明他精神失常。
  • The planes were certified airworthy. 飞机被证明适于航行。
13 proximity 5RsxM     
n.接近,邻近
参考例句:
  • Marriages in proximity of blood are forbidden by the law.法律规定禁止近亲结婚。
  • Their house is in close proximity to ours.他们的房子很接近我们的。