首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
考研
With one eye turned towards keeping its own economy on track and the other trained fearfully on the impact of the global economi
With one eye turned towards keeping its own economy on track and the other trained fearfully on the impact of the global economi
admin
2011-03-11
98
问题
With one eye turned towards keeping its own economy on track and the other trained fearfully on the impact of the global economic downturn, China has announced a four trillion yuan ($ 586 billion) stimulus package, the largest in the country’s history.
Unveiled by China’s State Council on the evening of Sunday November 9th, the two-year spending initiative will inject funds into ten sectors, including health care, education, low- income housing, environmental protection, schemes to promote technological innovation, and transport and other infrastructure projects. The government also says that some of the spending will be directed to reconstruction efforts in areas battered by natural disasters, such as Sichuan province which was devastated by a massive earthquake in May.
"Over the past two months, the global financial crisis has been intensifying daily," the State Council said in a statement. "In expanding investment, we must be fast and heavy- handed. " News of the stimulus package has been welcomed by global investors. Asian and European stock markets rose on Monday, with American markets also climbing. China’s decisive move is likely to please foreign governments which are now grappling with the global downturn. It comes a few days before the Chinese president is scheduled to attend a global economic summit in Washington D. C. , and a day after Hu Jintao had spoken by phone to the American president-elect, Barack Obama, about the global economic crisis and other issues.
China’s government has so far provided few details of when the money will be spent or how it will be divided. Officials do say that fourth quarter investment for this year will total 400 billion yuan, including 20 billion yuan brought forward from next year’s central government budget. If fully realised, the two-year spending spree would amount to about 16% of China’s annual gross domestic product.
The newly announced measures also include a loosening of credit policies and tax cuts. The plan calls for reforms in the country’s value-added tax regime that would save industry 120 billion yuan, according to an estimate by the government. Credit ceilings for commercial banks are to be abolished in the hope of channelling more capital to small enterprises, rural areas and unspecified "priority projects".
The government is concerned about the potential for frivolous or speculative investments, so the State Council also decreed at its meeting on Sunday that credit expansion must be "rational" and should "target spheres that would promote and consolidate the expansion of consumer credit". Finding ways to get Chinese consumers spending should be a priority. Unleashing domestic demand has been a longstanding goal of Chinese policymakers, but Chinese consumers-with few of their health-care or retirement needs reliably met either by employers or the state-often prefer to save.
China has sustained double-digit economic growth rates over the past five years but the economy has been slowing, considerably in some sectors. The economy logged a growth rate of 11.9% last year, but many forecasters believe that it will dip below 10% this year, with fourth-quarter growth down to 6% or even lower.
Growth rates in that range may be the envy of recession-battered economies, but mark signs of trouble for China. It is an article of faith among many economists-and a view publicly stated earlier this year by the Chinese Prime Minister, Wen Jiabao-that China needs a growth rate of at least 7% to avoid massive unemployment. The country has been hurt in recent months by softening export markets, depressed domestic property values and stock markets, and declining consumer and investor confidence.
According to the text, which of the following is NOT the phenomenon caused by the economic downturn?
选项
A、The export markets are being softened.
B、Domestic property value is being depressed.
C、Number of people that go vacation abroad sharply reduced.
D、Consumer and investor confidence declined daily.
答案
C
解析
重点在于最后一句“The country has been hurt in recent months by softening export markets,depressed domestic property values and stock markets,and declining consumer and investor confidence”。由此可以提炼出三个关键点“softening export markets”,“depressed domestic property values and stock markets”和“declining consumer and investor confidence”,如此结合选项进行判断,可以得出C是没有在文中提及的,所以它就是正确答案了。
转载请注明原文地址:https://kaotiyun.com/show/1Qp4777K
0
考研英语一
相关试题推荐
Couldthebadolddaysofeconomicdeclinebeabouttoreturn?SinceOPECagreedtosupply-cutsinMarch,thepriceofcrudeoil
WriteacompositiononthetopicAREPETSGOODFORMANKINDontheoutlinebelow:1.Pet-keepingisbeneficialtopeopleins
AteenagerwasunabletocallanambulanceafterherparentswereshotinFebruarybecausethefamily’sinternetphoneserviced
(46)Free-marketeconomyisaneconomicsysteminwhichindividuals,ratherthangovernment,makethemajorityofdecisionsregar
Usingmoneyasamediumofexchangemeansthat______Abartereconomyisoneinwhich______
Manypeoplefeltsympathy______theunfortunatefamilyanddonatemoneytothem.
ManyparentswhowelcometheideaofturningofftheTVandspendingmoretimewiththefamilyarestillworriedthatwithoutTV
ManyparentswhowelcometheideaofturningofftheTVandspendingmoretimewiththefamilyarestillworriedthatwithoutTV
ManyparentswhowelcometheideaofturningofftheTVandspendingmoretimewiththefamilyarestillworriedthatwithoutTV
ManyparentswhowelcometheideaofturningofftheTVandspendingmoretimewiththefamilyarestillworriedthatwithoutTV
随机试题
急进型高血压时,细动脉壁内有细丝、颗粒状或凝集成片块状的嗜酸物质,其改变可能是
加强了体表与体内、四肢与躯干的向心性联系的是
大黄、当归炮制的适宜方法是
A.普济消毒饮B.萆薢渗湿汤合五神汤C.牛蒡解肌汤或银翘散D.龙胆泻肝汤或化斑解毒汤E.犀角地黄汤合黄连解毒汤
某男,42岁,全身弥漫性出血点3d入院。3年前确诊为ITP,2个月前确诊有糖尿病。泼尼松每次减量到40mg/d时病情反跳。入院急查血常规及空腹血糖,血常规中PLT7.2×109/L,其余正常,血糖为16mmoL/L,根据患者情况先选择下列哪项治疗措施为妥(
按照承保内容的不同,健康保险可分为()。[2005年真题]
账实核对的内容包括()。
作家、艺术家作为最富有创造性的主体和最具活力的媒介,一旦投身于一项文化交流行为之中,就势必要承担双重的义务或双重的角色:把自身的文化传播到自身以外文化中去,再把自身以外的文化引回自身。这样,我们在审视外国作家与中国文化的关系时.就不可能也不应该将中国文化、
Mergethefollowingtwoshortsentencesintoonenewsentence.
Whydidthewomannotgotocollege?
最新回复
(
0
)