Overview of the Banking Industry in China
% \# n U7 w8 w9 _, i7 X, W I.The Role of the Banking Sector in China
* |! Z9 p1 f0 _! s9 B2 c7 R Paragragh 5 (P1)+ z( o' `& Q, [5 p
1.Fourth, the banking sector provides the indispensable national payments mechanism for the development of modern financial and business systems.
- J3 Q. ?! g; V# q, E" `& |6 a% ` 第四,银行部门为现代财政和企业体制的发展提供必要的国家支付体系。8 q% _0 R, V7 c8 ?7 v0 z# f
(1)the indispensable national payment mechanism:必要的国家支付体系
$ z5 I4 w0 o4 f indispensable:a.不可缺少的;绝对必要的4 Q- n3 V2 F. `
mechanism: n.way in which sth works or is constructed:机制;结构
5 s8 {/ l7 o) L 例:competitive mechanism:竞争机制+ E7 [$ \* G& v% e# `) g
exchange rate mechanism:汇率机制5 Q- \1 O" d; I4 J& l
market mechanism:市场机制! T; v6 W6 O+ T* q1 r
price mechanism:价格机制; S$ b8 ?1 w T& k5 T( N3 ^
mechanism of exchange:交易机构& @+ l$ c$ S, G* h
mechanism of government:政府机构
# p% o( s0 v! j (2)modern financial and business systems:现代财务制度和工商企业体系 Paragragh 6! |5 g% |& m. C6 r
2.Fifth, the banking system as a whole reduces risks through aggregation and enables them to be carried by those more willing to bear them.; I1 a- e: V) J+ U
整个银行体系采用集中风险的手段来降低风险,使那些更原意承担风险的人去承担风险。) Z' J( x; k `4 v* I
(1)aggregation: n.聚集;汇集(风险)2 F0 y/ c1 y4 C, _% v' M4 g3 V( c
aggregate: v.bring or come together in a mass聚集;汇聚2 ~" M- z5 k# X. C9 t1 M" {! ~
them:此处指“风险”
, A) ?+ u( q2 [- i# G6 x carry them (risks):负担(具有)风险/ L2 a8 B% H8 s2 l, T0 G
carry: v. involve;entail:具有;使负担3 i- m( K4 u: [9 M
例:The loan carries 3.5% interest.该贷款负担百分之三点五的利息。
7 R7 q0 A- I N0 K# Z% \' u7 n: q) B (2)(those persons) (who are) more willing to bear them:更原意承担风险的(那些人)
4 u6 V# L) f, |" u! a. _! m# ^ 由(who are) willing to bear them定语从句(简化为分词短语)修饰前面的those (persons)。- w" \" [5 B5 ~
bear: v.endure承担;忍受
# ? q1 R7 o" C4 t; x+ s) T Paragragh 7/ d! \7 Z2 M( S+ }
3.Following five decades of evolution, particularly more than two decades of reform and opening to the outside world, China's banking sector has entered a stage of vigorous development.7 u$ W$ [8 j r6 H7 |$ y
中国银行业经过50年的发展,特别是经过20多年的改革开放,已经进入了一个蓬勃发展的阶段。1 |* Z: ?) @7 ?9 w' l
(1)decade: n.period of ten years:十年的期间
8 p$ I2 O9 Y0 k (2)evolution: n.process of opening out or developing:发育;发展
Y9 M6 l1 h S9 ~ (3)reform and opening to the outside world:改革开放 |