Macroeconomy shown to be overheated for two months

时间：2007-11-08 07:50:47

（单词翻译:单击）

Chinanews, Beijing, Nov. 7 – The Chinese macroeconomic pre-warning index shows that in September, such index was at 121.3 points, 4.00 points higher than that shown in August. In addition, the index shows that macroeconomy has been in the overheated range for two months consecutively1, according to information released by the National Statistics Bureau (NSB) on Tuesday.

 

At the same time, the anticipated economic index has been declining for two months, indicating that the overheated economy will only last for a short time. Economy might slow down in future.

 

The released information shows that in September, after seasonal2 factors were deducted3, six of the ten criteria4 in the macroeconomic pre-warning index, namely the fix assets investment, retailed6 sales, loans release by financial institutions, corporate7 profits, the customs data and M2 supply, were operating steadily8. Urban people’s per capita disposable income and consumer price index tended to become overheated, while the fiscal9 revenue and industrial production remained overheated.

 

However, the situation will not last long. It can be seen that in September, while people's income index rose, as pushed up by the rising index in corporate revenue, people's disposable income and taxation10 index had both declined.

 

This indicates that the growth of people’s disposable income, consumption and savings11 could not catch up with the fast increase of industrial production and taxation.

 

This is backed up by information released by NSB, as it shows that in September, both the index of consumer confidence and that of consumer satisfaction had declined by 0.3 percentage point compared with the previous month.

 

With the climbing of commodity prices, the increase of consumption slowed down. In September, the total retail5 sales of consumer goods increased by 15.9%. However, allowing for the pricing factor, the total retail sales of consumer goods had increased only by 12.3% and the growth rate had fallen by 0.3 percentage point compared with the previous month.

 

The anticipated economic index, released by the China Economic Monitoring and Analysis Center, shows that in September, the number of newly constructed projects, the treasury12 bond interest rate difference, the anticipated real estate development index, the logistics index and the anticipated consumer confidence index were all on the decline.

 

This indicates that as a result of a series of factors, such as the rising oil price, the slowdown of economy in neighboring regions, the continued inflation, the excessive liquidity13 problem and the government's regulating methods, the fast increase of Chinese economy might finally progress at a slower pace.

 
分享到：


点击收听单词发音收听单词发音  

1 consecutively 8a3a87c7b36569b791fa7c38b06c1a2c     
adv.连续地
参考例句：
  • He was actually too depleted to think consecutively about anything. 他已经打不起一点精神，根本谈不上好好思考一下。 来自辞典例句
  • In any game, the right to serve shall pass consecutively. 在一局中，不错的发球挨次应该是。 来自互联网
2 seasonal LZ1xE     
adj.季节的，季节性的
参考例句：
  • The town relies on the seasonal tourist industry for jobs.这个城镇依靠季节性旅游业提供就业机会。
  • The hors d'oeuvre is seasonal vegetables.餐前小吃是应时蔬菜。
3 deducted 0dc984071646e559dd56c3bd5451fd72     
v.扣除，减去( deduct的过去式和过去分词 )
参考例句：
  • The cost of your uniform will be deducted from your wages. 制服费将从你的工资中扣除。
  • The cost of the breakages will be deducted from your pay. 损坏东西的费用将从你的工资中扣除。 来自《简明英汉词典》
4 criteria vafyC     
n.标准
参考例句：
  • The main criterion is value for money.主要的标准是钱要用得划算。
  • There are strict criteria for inclusion in the competition.参赛的标准很严格。
5 retail VWoxC     
v./n.零售；adv.以零售价格
参考例句：
  • In this shop they retail tobacco and sweets.这家铺子零售香烟和糖果。
  • These shoes retail at 10 yuan a pair.这些鞋子零卖10元一双。
6 retailed 32cfb2ce8c2d8660f8557c2efff3a245     
vt.零售（retail的过去式与过去分词形式）
参考例句：
  • She retailed the neighbours' activities with relish. 她饶有兴趣地对邻居们的活动说三道四。
  • The industrial secrets were retailed to a rival concern. 工业秘密被泄露给一家对立的公司。 来自《简明英汉词典》
7 corporate 7olzl     
adj.共同的，全体的；公司的，企业的
参考例句：
  • This is our corporate responsibility.这是我们共同的责任。
  • His corporate's life will be as short as a rabbit's tail.他的公司的寿命是兔子尾巴长不了。
8 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。
9 fiscal agbzf     
adj.财政的，会计的，国库的，国库岁入的
参考例句：
  • The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
  • The government has two basic strategies of fiscal policy available.政府有两个可行的财政政策基本战略。
10 taxation tqVwP     
n.征税，税收，税金
参考例句：
  • He made a number of simplifications in the taxation system.他在税制上作了一些简化。
  • The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
11 savings ZjbzGu     
n.存款，储蓄
参考例句：
  • I can't afford the vacation,for it would eat up my savings.我度不起假，那样会把我的积蓄用光的。
  • By this time he had used up all his savings.到这时，他的存款已全部用完。
12 treasury 7GeyP     
n.宝库；国库，金库；文库
参考例句：
  • The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
  • This book is a treasury of useful information.这本书是有价值的信息宝库。
13 liquidity VRXzb     
n.流动性，偿债能力，流动资产
参考例句：
  • The bank has progressively increased its liquidity.银行逐渐地增加其流动资产。
  • The demand for and the supply of credit is closely linked to changes in liquidity.信用的供求和流动资金的变化有密切关系。

©2005-2010英文阅读网