2016年CRI China to Meet Growth Target without Big Stimulus: Bank Chief
时间：2019-03-04 作者：英语课 分类：2016CRI中国国际广播电台
Central bank governor Zhou Xiaochuan says the growth targets China has set for the next five years can be realized without major economic stimulus 1.
"I personally think China will stick to the prudent 2 monetary 3 policy on condition that there is no global and domestic financial turmoil 4. There is no need to adopt excessive monetary stimulus to achieve growth. The growth targets are attainable 5 through improving domestic demand, consumption and innovation."
China's growth target for 2016 is in the range of 6.5 percent and 7 percent, while the forecast for years leading to 2020 is above 6.5 percent.
Zhou says China will seek growth by relying more on domestic demand, as the old growth driver of exports loses steam and is not able to contribute to the economic growth the way it used to.
The depreciation 6 of the Chinese currency has stoked concerns that China may count on the falling currency to prop 7 up its foreign trade.
The governor says that China has no intention of manipulating its currency rate to stimulate 8 exports.
"China's products are still competitive in the global market, especially manufacturing products. Though there are problems of cost increases and the loss of competitive edge, generally speaking, their competitiveness is still good. We don't necessarily adopt stimulus plan to boost exports. There should be a balance between exports and imports. Our imports have suffered more losses. So when we map out policies we have to consider their influence on imports as well."
The bank chief also says that China's housing market is facing pressure because of too much stock available on the market.
To boost the housing market, China's central bank cut down-payments last month and lowered transaction taxes for some home buyers.
At the meantime, the central bank is also warning that the practice of granting loans by real-estate developers and agents to home-buyers to pay down payment increases risks to the property market and financial system.
Central bank governor Zhou Xiaochuan says some of these online lending platforms are not qualified 9 at all.
"The down-payment shouldn't be on loans. People pay the down-payment by borrowing money from somewhere else, then they have to pay the mortgage to the bank every month and the down-payment loans at the same time. The banks suffer huge risks without fully 10 judgments 11 for their clients."
Also the central bank has vowed 12 to work with other government agencies to firm action against home loans raised in the grey market to ward 13 off risk.
- 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。
- A prudent traveller never disparages his own country.聪明的旅行者从不贬低自己的国家。
- You must school yourself to be modest and prudent.你要学会谦虚谨慎。
- 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。
- His mind was in such a turmoil that he couldn't get to sleep.内心的纷扰使他无法入睡。
- The robbery put the village in a turmoil.抢劫使全村陷入混乱。
- They set the limits of performance attainable. 它们确定着可达到的运行限度。
- If objectives are to be meaningful to people, they must be clear, attainable, actionable, and verifiable. 如果目标对人们是具有意义的，则目标必须是清晰的，能达到的，可以行动的，以及可供检验的。
- She can't bear the depreciation of the enemy.她受不了敌人的蹂躏。
- They wrote off 500 for depreciation of machinery.他们注销了500镑作为机器折旧费。
- A worker put a prop against the wall of the tunnel to keep it from falling.一名工人用东西支撑住隧道壁好使它不会倒塌。
- The government does not intend to prop up declining industries.政府无意扶持不景气的企业。
- 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。
- He is qualified as a complete man of letters.他有资格当真正的文学家。
- We must note that we still lack qualified specialists.我们必须看到我们还缺乏有资质的专家。
- The doctor asked me to breathe in,then to breathe out fully.医生让我先吸气，然后全部呼出。
- They soon became fully integrated into the local community.他们很快就完全融入了当地人的圈子。
- A peculiar austerity marked his judgments of modern life. 他对现代生活的批评带着一种特殊的苛刻。
- He is swift with his judgments. 他判断迅速。
- He vowed quite solemnly that he would carry out his promise. 他非常庄严地发誓要实现他的诺言。
- I vowed to do more of the cooking myself. 我发誓自己要多动手做饭。