英语商务阅读中国经济将保持快速增长
xx英语商务阅读：中国经济将保持快速增长
china's economy will ___intain steady and rapid growth in xx as investment and consumption bee the ___jor drivers of growth, a gover ___ent economist said in ments published on monday.
yao ___gyuan, chief economist of the national bureau of statistics, said the most notable point for china's economic growth in xx was the re ___rkable role of consumption as a key economic driver, official china securities journal said.
at a forum in last month the economist had predicted that china's gross domestic product growth was likely to slow to between 8 per ___nt and 9 per ___nt. it has been consistently faster than 9 per ___nt for the past two years, and the latest revisions suggest it has been ex
___eding 10 per ___nt.
"china's economic growth should shift its relian ___ on investment and export to investment and consumption," yao said, adding domestic and foreign de ___nd should work together to push forward the economy.
he also said that household consumption should be the dominant factor for domestic consumption and suggested that the ___in measures to expand consumption should be to increase people's ines and to raise the ___rginal consumption trends.
yao also said china's consumer pri ___ index growth in xx had not ex ___eded 1.8 per ___nt, significantly lower than xx's 3.9 per ___nt.
however, another gover ___ent economist suggested gover ___ent and corporate consumption be the ___in for ___ for consumption.
ba shusong said the gover ___ent and corporate saving rates were too high while the household saving rate had been declining steadily.
"too ___ny resour ___s are held by the gover ___ent, with the fiscal revenue growing faster than the economic output and undistributed corporate profits amounting to about 20 per ___nt of gdp," he said.
"actually, household consumption has registered a big expansion, with more and more residents buying houses and automobiles," he was quoted as saying.
ba also said in the short term that it was hard for domestic consumption to gain a big expansion and it was ne ___ssary to keep investment at a ___rtain level because it was difficult for the gover ___ent to cut taxes and push corporations to spend more.
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