英闻天下——286 G20 Vows to Support Financial Stability & Sustainable Growth
英语课
Finance officials of the Group of 20, or G20, pledged to strengthen financial supervision 1 and promote sustainable growth at the conclusion of a two-day meeting in Moscow.
Meanwhile, China has welcomed efforts made by the United States and the European Union to put the global banking 2 regulatory standard Basel III into practice.
Wei Tong has more.
In a joint 3 communique issued following the meeting, finance officials pledged not to target exchange rates or devalue currencies to make them more competitive.
Russian Finance Minister Anton Siluanov said all the G20 nations agreed to deliver strong economic growth rather than manipulate the markets.
But he warned if too many countries tried to weaken their currencies for economic gain, the fragile global recovery could be derailed.
"If the government or central bank interferes 4 in this pricing process accordingly, disproportions could occur and after short relief, disproportions would occur in any case."
Chief of International Monetary 5 Fund Christine Lagarde urged the United States and Japan to come up with specific strategies to trigger economic growth that do not depend solely 6 on monetary policy.
"There is a clear understanding on the part of both the U.S. authorities and the Japanese authorities present with us on the occasion of this meeting that the fiscal 7 agenda is critical.
And what I mean by fiscal agenda is clearly the medium-term goal that has to be identified, that has to be supported broadly in those countries, and that needs to be specific and detailed 8 enough in order to eliminate as much as possible the uncertainty 9 that goes with a lack of an agenda."
The Japanese yen 10 plunged 11 recently against other major currencies following moves by Japan's new leaders to ease monetary policy and stimulate 12 the economy.
Xiang Songzuo, chief economist 13 at the Agricultural Bank of China, believes developed economies will not give up their loose monetary policies in the short term.
"The developed economies, whether it is the U.S., Britain or Japan, the possibility for them to withdraw the loose monetary policy is small because the trend of economic recovery for these nations is still uncertain and fragile. We have to be mentally prepared for the uncertainty and take action at any time."
Meanwhile, China cited the fact that the U.S. has pledged to implement 14 the global banking regulatory standard Basel III in the coming months, while the European Union has submitted the bill for parliamentary approval.
Vice 15 Finance Minister Zhu Guangyao said China welcomes the moves.
"Although the U.S. and EU delayed putting Basel III into practice, they have realized the importance of the standard and the responsibility they should assume in implementing 16 it. Thus, the efficient implementation 17 of the Basel rules will enrich the contents of the G20 accord and enhance the group's credibility."
The Basel III rules on bank capital adequacy aim to strengthen bank capital requirements and introduce new regulatory requirements on bank liquidity 18 and capital adequacy ratios in response to the global financial crisis.
n.监督,管理
- The work was done under my supervision.这项工作是在我的监督之下完成的。
- The old man's will was executed under the personal supervision of the lawyer.老人的遗嘱是在律师的亲自监督下执行的。
n.银行业,银行学,金融业
- John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
- He possesses an extensive knowledge of banking.他具有广博的银行业务知识。
adj.联合的,共同的;n.关节,接合处;v.连接,贴合
- I had a bad fall,which put my shoulder out of joint.我重重地摔了一跤,肩膀脫臼了。
- We wrote a letter in joint names.我们联名写了封信。
vi. 妨碍,冲突,干涉
- The noise interferes with my work. 这噪音妨碍我的工作。
- That interferes with my plan. 那干扰了我的计划。
adj.货币的,钱的;通货的;金融的;财政的
- The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
- Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。
adv.仅仅,唯一地
- Success should not be measured solely by educational achievement.成功与否不应只用学业成绩来衡量。
- The town depends almost solely on the tourist trade.这座城市几乎完全靠旅游业维持。
adj.财政的,会计的,国库的,国库岁入的
- The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
- The government has two basic strategies of fiscal policy available.政府有两个可行的财政政策基本战略。
adj.详细的,详尽的,极注意细节的,完全的
- He had made a detailed study of the terrain.他对地形作了缜密的研究。
- A detailed list of our publications is available on request.我们的出版物有一份详细的目录备索。
n.易变,靠不住,不确知,不确定的事物
- Her comments will add to the uncertainty of the situation.她的批评将会使局势更加不稳定。
- After six weeks of uncertainty,the strain was beginning to take its toll.6个星期的忐忑不安后,压力开始产生影响了。
n. 日元;热望
- He wanted to convert his dollars into Japanese yen.他想将美元换成日币。
- He has a yen to be alone in a boat.他渴望独自呆在一条船上。
v.颠簸( plunge的过去式和过去分词 );暴跌;骤降;突降
- The train derailed and plunged into the river. 火车脱轨栽进了河里。
- She lost her balance and plunged 100 feet to her death. 她没有站稳,从100英尺的高处跌下摔死了。
vt.刺激,使兴奋;激励,使…振奋
- Your encouragement will stimulate me to further efforts.你的鼓励会激发我进一步努力。
- Success will stimulate the people for fresh efforts.成功能鼓舞人们去作新的努力。
n.经济学家,经济专家,节俭的人
- He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
- He's an economist who thinks he knows all the answers.他是个经济学家,自以为什么都懂。
n.(pl.)工具,器具;vt.实行,实施,执行
- Don't undertake a project unless you can implement it.不要承担一项计划,除非你能完成这项计划。
- The best implement for digging a garden is a spade.在花园里挖土的最好工具是铁锹。
n.坏事;恶习;[pl.]台钳,老虎钳;adj.副的
- He guarded himself against vice.他避免染上坏习惯。
- They are sunk in the depth of vice.他们堕入了罪恶的深渊。
v.实现( implement的现在分词 );执行;贯彻;使生效
- -- Implementing a comprehensive drug control strategy. ――实行综合治理的禁毒战略。 来自汉英非文学 - 白皮书
- He was in no hurry about implementing his unshakable principle. 他并不急于实行他那不可动摇的原则。 来自辞典例句