Morgan Stanley expects China's GDP to grow by 10% next year

时间：2007-11-01 07:34:05

（单词翻译:单击）

Chinanews, Beijing, Oct 31 – This year, the GDP growth in China might reach 11.3% and consumer price index (CPI) might stay at 4.3%, and it is expected that next year, China's GDP growth rate might reach 10% and CPI might fall to 3.5%, according to a recent report released by global financial services firm Morgan Stanley.

 

Although China practices a moderately tight financial policy to avert1 the fast-growing trend of the Chinese economy in the long run. It is expected that GDP growth for the whole year of 2007 will reach 11.3%. In 2008, GDP growth rate will fall to 10% and further drop to 9.5% in 2009. CPI growth rate will slow down in the next few months. For the whole year of 2007, CPI growth rate will reach 4.3% and might possibly decline to 3.5% in 2008, the report says.

 

The report predicts that China will continue to follow a moderately tight economic policy by curbing2 the loan release. In addition, Chinese government will further raise the interest rates to control the economy. Inadequate3 domestic consumption and the slowdown of the US economy will cause a negative effect to the Chinese economy in future.

 
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1 avert 7u4zj     
v.防止，避免；转移(目光、注意力等)
参考例句：
  • He managed to avert suspicion.他设法避嫌。
  • I would do what I could to avert it.我会尽力去避免发生这种情况。
2 curbing 8c36e8e7e184a75aca623e404655efad     
n.边石，边石的材料v.限制，克制，抑制( curb的现在分词 )
参考例句：
  • Progress has been made in curbing inflation. 在控制通货膨胀方面已取得了进展。
  • A range of policies have been introduced aimed at curbing inflation. 为了抑制通货膨胀实施了一系列的政策。
3 inadequate 2kzyk     
adj.(for,to)不充足的，不适当的
参考例句：
  • The supply is inadequate to meet the demand.供不应求。
  • She was inadequate to the demands that were made on her.她还无力满足对她提出的各项要求。

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