金融英语辅导：China’sEconomy(2)中国的经济
OVERALL ECONOMIC PERFORMANCE IN 19991999年度经济成就 GDP China's GDP grew slightly more than 7 percent in 1999, thanks only to the government's ongoing stimulus program. With other Asian countries recovering, China's probable WTO accession this year, and a new drive to boost the private sector, however, both the Chinese government and outside analysts predict slightly stronger growth-around 7.5 percent-in 2000. Investment Investment in fixed assets rose 7.8 percent in 1999, and is expected to increase by another 7.8 percent in 2000. Much of the investment came from the government's stimulus plan. Prices Consumer and retail prices fell throughout 1999. Overcapacity in many industries was chiefly responsible for the 27-month deflation, but slack demand caused by consumer worry about job security and education and health costs also played a role. Many economists believe that the worst is past, and that deflation will wane in 2000. Notesperformance n.something performed; an accomplishment完成的事；成就GDP:gross domestic product国内生产总值thanks (to) n.（与to连用） 由于；多亏例：It was thanks to John that we won the game. 多亏约翰，我们才赢了这场比赛。ongoing stimulus program持续不断的刺激计划（措施）ongoing adj.currently taking place进行中的：现在正在发生的stimulus n.促进因素, 刺激program n.程序, 纲要, 计划WTO:world trade organization世界贸易组织accession n.access; admittance进入；接收drive n.energy, push, or aggressiveness干劲、冲动或攻击性boost vt.to assist in further development or progress刺激增长：辅助长远的发展和进步例：a bill intended to boost local charities. 一项意在刺激地方慈善事业增长的议案private sector:non-state sector非国有部门，私营部门analyst n.分析家predict vt.to state, tell about, or make known in advance, especially on the basis of special knowledge预测，预知，预告investment n.投资fixed assets固定资产（如厂房、机器设备等）retail price零售价格overcapacity n.too great a capacity for production of commodities or delivery of services in relation to actual need生产能力过剩：与实际需要相比，过大的生产工业商品能力或过多的服务 例：the problem of overcapacity in many large industries. 许多大型工业存在着生产能力过剩的问题deflation n. a persistent decrease in the level of consumer prices or a persistent increase in the purchasing power of money because of a reduction in available currency and credit【经济学】 通货紧缩：由于可获得货币和信贷的减少，导致消费品价格水平的持续下降或货币购买力的持续提高slack demand需求不旺盛slack a.lacking in activity; not busy清淡的：缺少活力的；不忙碌的例：a slack season for the travel business. 旅游业的淡季job security就业保障security n.安全；保障wane vi.亏缺, 衰落
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