金融英語相關閱讀

China's economy held the line on growth in 1999, mainly with government assistance, as the economy continues to suffer from the effects of massive, and accelerating, restructuring. The coming year could see some improvement, though the economy is likely to remain under stress as the restructuring intensifies over the next three to five years.

Large- scale job loss and gluts of consumer goods are still dampening demand, but deflation has begun to flatten out. Recovery in the rest of Asia helped keep exports strong, though foreign investment dipped (see Trade and Foreign Direct Investment).

China's preparations to enter the World Trade Organization (WTO) will accelerate the pace of the toughest reforms yet in agriculture, the state-owned sector, and banking, among others. Economic performance depends in large part on how well China implements these reforms and on non-state sector growth. Foreign firms are also likely to see these reforms as crucial, as WTO implementation is deeply entwined with these issues.

Notes

hold the line堅持下去, 保持不變

assistance n.協助, 援助

suffer (from) vi.受損失，受害

massive a.大規模的，大量的'

restructure vt.更改結構, 調整, 改組

stress n.重壓, 壓力, 重點

large-scale job loss大規模失業

gluts of consumer goods消費品供應過剩

glut n.供應過剩；充斥

dampen vt.抑制，壓抑

demand n.需求(量), 需要

deflation n.通貨緊縮, 物價低廉

flatten (out) vi.變平, 變單調

recovery n.恢復, 復甦

foreign investment外國投資

dip vi.輕微下降(通常是暫時的)

toughest reform最艱難的改革

tough adj.強硬的, 艱苦的, 堅強的

state-owned sector國有部門（行業）

performance n.成就，表現

implement vt.貫徹，實現，執行

non-state sector非國有部門（行業）

crucial adj.至關緊要的

entwined (with) vi.纏繞，糾纏在一起

issue n.論點, 問題