Chinese GDP 'set' to hit target中国国内生产总值的'设置'击中
Figures just published suggest the country exceeded its target for economic growth for the first time this year in the third quarter.
The Chinese government figures show year on year GDP growth was up 8.9% from 7.9% in the previous quarter.
It is the fastest GDP growth since the third quarter last year.
Chinese officials have also said they are sure they will reach their full year target - of 8% - for economic growth.
The economy grew by 7.7% in the nine months to September.
The government has spent hundreds of billions of dollars on a massive package of infrastructure(基础设施) projects to create jobs and boost demand.
The effects of that stimulus 1 are now evident in the real economy.
Right temperature?
Not too hot, not too cold is how some analysts 2 describe China's current level of economic growth.
The momentum(势头) is likely to remain positive for the rest of this year and early into 2010, the experts say.
The new data shows that factory production is increasing too.
But factory owners say that in many cases, while the volume(体积) of goods they are producing has risen, the prices customers are prepared to pay for them are lower than before the financial crisis.
There are worries ahead.
Deflation has been a problem for eight months in a row now.
Unemployment is still high in many areas, and some factory workers are reported to be working shorter hours and earning less than they were before the financial crisis.
But the Chinese will take comfort from the fact that on the face of it their economy appears to be in much better shape than those of their rivals.
The next challenge for policy makers 3 will be how to begin to withdraw(退出) elements of the stimulus plan, and to reduce the huge outflows of credit the country's state owned banks have issued, without damaging the economic recovery underway here.
As the stimulus is withdrawn 4, the hope is that demand from the private sector 5, from consumer spending and eventually from renewed demand for China's exports will pick up the slack and keep the country's growth rate stable.
The goal is to find ways to ensure this recovery is sustainable.(本文由在线英语听力室整理编辑)
- Regard each failure as a stimulus to further efforts.把每次失利看成对进一步努力的激励。
- Light is a stimulus to growth in plants.光是促进植物生长的一个因素。
- City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
- I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。
- The makers of the product assured us that there had been no sacrifice of quality. 这一产品的制造商向我们保证说他们没有牺牲质量。
- The makers are about to launch out a new product. 制造商们马上要生产一种新产品。 来自《简明英汉词典》
- Our force has been withdrawn from the danger area.我们的军队已从危险地区撤出。
- All foreign troops should be withdrawn to their own countries.一切外国军队都应撤回本国去。