Steel industry meeting a turning point

时间：2007-03-26 01:25:30

（单词翻译:单击）

Chinanews, Beijing, Mar1. 22 – According to a recent report released by the National Statistics Bureau, in 2006, investment in steel industry dropped by 2.5%, the first decline in past six years. Many analysts2 say that Chinese steel industry now meets its turning point after years' of high investment growth.

 

“Investment in steel industry has finally begun to cool down,” many industrial analysts said, as reported by the China Securities Journal.

 

A report by the China Metallurgical Industry Economic Development Center shows that from 2001 to 2005, investment in steel industry kept increasing rapidly. The annual investment growth rate in steel industry reached 30% year on year and exceeded 100% at peak time. During the Tenth Five-Year Plan period (2000-2005), the total investment in steel industry was 716 billion yuan, 3.3 times that of the investment scale in the Ninth Five-Year Plan period (1995-1999).

 

The fast increase of investment in steel industry now has come to a close. In future, investment in steel industry will grow rather steadily3, analysts said.

 
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1 mar f7Kzq     
vt.破坏，毁坏，弄糟
参考例句：
  • It was not the custom for elderly people to mar the picnics with their presence.大人们照例不参加这样的野餐以免扫兴。
  • Such a marriage might mar your career.这样的婚姻说不定会毁了你的一生。
2 analysts 167ff30c5034ca70abe2d60a6e760448     
分析家，化验员( analyst的名词复数 )
参考例句：
  • 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。
3 steadily Qukw6     
adv.稳定地；不变地；持续地
参考例句：
  • The scope of man's use of natural resources will steadily grow.人类利用自然资源的广度将日益扩大。
  • Our educational reform was steadily led onto the correct path.我们的教学改革慢慢上轨道了。

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