China may become 2nd largest economy in a decade

时间：2007-07-31 06:33:56

（单词翻译:单击）

July 30 - Experts predict China will likely surpass Japan in the coming decade to become the world's second largest economy.

 

A host of China's influential1 mainstream2 economists4 painted the rosy5 picture during the weekend at Tianheng Island in East China's Shandong Province.

 

Experts said the economic outlook was conditional6 on whether the country could swiftly adjust itself to ever-evolving domestic and global circumstances.

 

The members of Beijing-based China Economist3 50 Forum7 gathered to debate the country's "big development topics of strategic importance" in the coming 10 years, ahead of the 17th Congress of the Communist Party of China, scheduled for autumn.

 

Some experts said they believed that China faced obstacles, including environmental problems and resource constraints8, rising labor9 costs, imbalanced foreign trade, economic restructuring and an incomplete social security network.

 

Even "moral degradation10" has been taken as "daunting11 challenge".

 

Despite the challenges, one prediction is that China is on the way to becoming a world-class economic power only after the United States by about 2018.

 

At that time, China's per capita GDP (gross domestic product) is expected to surge from the current US$1,870 to about US$6,000, a benchmark between middle- and upper-developed countries.

 

"The benchmark is of great significance," said Xu Shanda, an economist chairing the discussion among the members of the think-tank organization.

 

The organization also predicated that China's growth pace would gradually slow down from the current blistering12 11.5 percent to 8-9 percent by 2018.

 

If growth is sustained, China will outpace Japan as the world's second biggest economy.

 

Despite the fast growth, the economists reached the consensus13 that China should step up its efforts to continue its "balanced approaches" to tackle "unprecedented14 challenges" while becoming globalized.

 

"I personally believe that the process should be one that moral standards should be redefined and elevated," Fan Hengshan, director of regional development department under National Development and Reform Commission, said.

 

Yi Gang, assistant governor of People's Bank of China, proposed that China should continue its "put-people-first" approach to tackling long-term challenges. "On one hand, we should create a sound environment for the rich, both at home and from other economies," Yi said.

 
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1 influential l7oxK     
adj.有影响的，有权势的
参考例句：
  • He always tries to get in with the most influential people.他总是试图巴结最有影响的人物。
  • He is a very influential man in the government.他在政府中是个很有影响的人物。
2 mainstream AoCzh9     
n.（思想或行为的）主流；adj.主流的
参考例句：
  • Their views lie outside the mainstream of current medical opinion.他们的观点不属于当今医学界观点的主流。
  • Polls are still largely reflects the mainstream sentiment.民调还在很大程度上反映了社会主流情绪。
3 economist AuhzVs     
n.经济学家，经济专家，节俭的人
参考例句：
  • He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
  • He's an economist who thinks he knows all the answers.他是个经济学家，自以为什么都懂。
4 economists 2ba0a36f92d9c37ef31cc751bca1a748     
n.经济学家，经济专家( economist的名词复数 )
参考例句：
  • The sudden rise in share prices has confounded economists. 股价的突然上涨使经济学家大惑不解。
  • Foreign bankers and economists cautiously welcomed the minister's initiative. 外国银行家和经济学家对部长的倡议反应谨慎。 来自《简明英汉词典》
5 rosy kDAy9     
adj.美好的，乐观的，玫瑰色的
参考例句：
  • She got a new job and her life looks rosy.她找到一份新工作，生活看上去很美好。
  • She always takes a rosy view of life.她总是对生活持乐观态度。
6 conditional BYvyn     
adj.条件的，带有条件的
参考例句：
  • My agreement is conditional on your help.你肯帮助我才同意。
  • There are two forms of most-favored-nation treatment:conditional and unconditional.最惠国待遇有两种形式:有条件的和无条件的。
7 forum cilx0     
n.论坛，讨论会
参考例句：
  • They're holding a forum on new ways of teaching history.他们正在举行历史教学讨论会。
  • The organisation would provide a forum where problems could be discussed.这个组织将提供一个可以讨论问题的平台。
8 constraints d178923285d63e9968956a0a4758267e     
强制( constraint的名词复数 )； 限制； 约束
参考例句：
  • Data and constraints can easily be changed to test theories. 信息库中的数据和限制条件可以轻易地改变以检验假设。 来自英汉非文学 - 科学史
  • What are the constraints that each of these imply for any design? 这每种产品的要求和约束对于设计意味着什么？ 来自About Face 3交互设计精髓
9 labor P9Tzs     
n.劳动，努力，工作，劳工；分娩；vi.劳动，努力，苦干；vt.详细分析；麻烦
参考例句：
  • We are never late in satisfying him for his labor.我们从不延误付给他劳动报酬。
  • He was completely spent after two weeks of hard labor.艰苦劳动两周后，他已经疲惫不堪了。
10 degradation QxKxL     
n.降级；低落；退化；陵削；降解；衰变
参考例句：
  • There are serious problems of land degradation in some arid zones.在一些干旱地带存在严重的土地退化问题。
  • Gambling is always coupled with degradation.赌博总是与堕落相联系。
11 daunting daunting     
adj.使人畏缩的
参考例句：
  • They were faced with the daunting task of restoring the house.他们面临着修复房子的艰巨任务。
  • Starting a new job can be a daunting prospect.开始一项新工作有时会让人望而却步。
12 blistering b3483dbc53494c3a4bbc7266d4b3c723     
adj.酷热的；猛烈的；使起疱的；可恶的v.起水疱；起气泡；使受暴晒n.[涂料] 起泡
参考例句：
  • The runners set off at a blistering pace. 赛跑运动员如脱缰野马般起跑了。
  • This failure is known as preferential wetting and is responsible for blistering. 这种故障称为优先吸湿，是产生气泡的原因。 来自辞典例句
13 consensus epMzA     
n.(意见等的)一致，一致同意，共识
参考例句：
  • Can we reach a consensus on this issue?我们能在这个问题上取得一致意见吗？
  • What is the consensus of opinion at the afternoon meeting?下午会议上一致的意见是什么？
14 unprecedented 7gSyJ     
adj.无前例的，新奇的
参考例句：
  • The air crash caused an unprecedented number of deaths.这次空难的死亡人数是空前的。
  • A flood of this sort is really unprecedented.这样大的洪水真是十年九不遇。

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