Chinese economy not overheated, research

时间：2007-07-27 06:01:04

（单词翻译:单击）

Chinanews, Xiamen, July 26 – The Macro Economic Research Institute of Xiamen University and the Asian Research Center of the Nanyang Technological1 University in Singapore released the latest assessment2 report about Chinese macro economy on Wednesday. According to this report, Chinese economy is not overheated. The assessment report is based on the China quarterly macro economic mode (CQMM) jointly3 developed by the two bodies.

 

Xiamen University and the Singaporean Nanyang Technological University assess the major indexes for Chinese macro economy in the six quarters from the second half of 2007 to 2008. They also assess the current economic situation and predict its future trend of development.

 

By using the CQMM mode, the Chinese and Singaporean research institutes analyze4 the data published by the National Statistics Bureau on July 19. According to the assessment report, although CPI rose by 4.4% in June and exceeded the 3% alerting line for four consecutive5 months, such rise was promoted mainly by food prices. The prices of other things than food have remained stable. Raw materials, fuels, and energy have started to fall and there is no substantial rise in the price of fixed6 assets investment.

 

The central bank's monetary7 policy has effectively curbed8 the investment boom. As long as the money supply is effectively controlled, the price hike in food will not pass on to other commodities. Meanwhile, as the prices of meat, poultry9 and eggs return to normal, CPI is expected to fall by the end of this year or at the beginning of next year.

 

CQMM predicts that China's GDP growth rate will decline to reach 11.43% in the third quarter of this year and further decline to reach 10.56% in the fourth quarter. The GDP growth rate for the whole year of 2007 will reach 11.19%.

 
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1 technological gqiwY     
adj.技术的；工艺的
参考例句：
  • A successful company must keep up with the pace of technological change.一家成功的公司必须得跟上技术变革的步伐。
  • Today,the pace of life is increasing with technological advancements.当今， 随着科技进步，生活节奏不断增快。
2 assessment vO7yu     
n.评价；评估；对财产的估价，被估定的金额
参考例句：
  • This is a very perceptive assessment of the situation.这是一个对该情况的极富洞察力的评价。
  • What is your assessment of the situation?你对时局的看法如何？
3 jointly jp9zvS     
ad.联合地，共同地
参考例句：
  • Tenants are jointly and severally liable for payment of the rent. 租金由承租人共同且分别承担。
  • She owns the house jointly with her husband. 她和丈夫共同拥有这所房子。
4 analyze RwUzm     
vt.分析，解析 (=analyse)
参考例句：
  • We should analyze the cause and effect of this event.我们应该分析这场事变的因果。
  • The teacher tried to analyze the cause of our failure.老师设法分析我们失败的原因。
5 consecutive DpPz0     
adj.连续的，联贯的，始终一贯的
参考例句：
  • It has rained for four consecutive days.已连续下了四天雨。
  • The policy of our Party is consecutive.我党的政策始终如一。
6 fixed JsKzzj     
adj.固定的，不变的，准备好的；(计算机)固定的
参考例句：
  • Have you two fixed on a date for the wedding yet?你们俩选定婚期了吗？
  • Once the aim is fixed,we should not change it arbitrarily.目标一旦确定，我们就不应该随意改变。
7 monetary pEkxb     
adj.货币的，钱的；通货的；金融的；财政的
参考例句：
  • The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
  • Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。
8 curbed a923d4d9800d8ccbc8b2319f1a1fdc2b     
v.限制，克制，抑制( curb的过去式和过去分词 )
参考例句：
  • Advertising aimed at children should be curbed. 针对儿童的广告应受到限制。 来自辞典例句
  • Inflation needs to be curbed in Russia. 俄罗斯需要抑制通货膨胀。 来自辞典例句
9 poultry GPQxh     
n.家禽，禽肉
参考例句：
  • There is not much poultry in the shops. 商店里禽肉不太多。
  • What do you feed the poultry on? 你们用什么饲料喂养家禽?

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