SDRC: Consumption growth rate might slow down in '07

时间：2007-01-15 00:40:13

（单词翻译:单击）

Chinanews, Beijing, Jan. 14 – The State Development and Reform Commission Research Insitute issued a report yesterday predicting that consumption growth rate might slow down in 2007, as a result mainly from people’s soaring expenditure1 on education and medical costs.

 

In 2006, consumption growth rate was the highest in the past ten years. In spite of this, the proportion of consumption in Chinese residents’ total expenditure had declined from 48.8% in 1991 to 38.2% in 2006, hitting a historical low.

 

In the report, SDRC predicts that existing problems in consumption will become more evident this year. In China, productions of over 70% of commodities exceed their demands and there are no goods in short supply. The problem of excessive supply will become more severe this year.

 

Over the past few years, Chinese residents' expenditure on education and medical costs have increased substantially to become the major reason for consumption to remain sluggish2. The report says that from 1998 to 2002, Chinese people's expenditure on tuition fees and childcare has increased 112.1% in five years, and the average costs in healthcare and rehabilitation3 services have increased at an annual rate of 10% or more.

 

The SDRC think tank suggests that Chinese government should make more input4 on public services and provide more public service products that are in line with the public's demand. By doing so, the prices of public services can remain stable or be lowered so that residents can spend more money on service industry.

 
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1 expenditure XPbzM     
n.(时间、劳力、金钱等)支出；使用，消耗
参考例句：
  • The entry of all expenditure is necessary.有必要把一切开支入账。
  • The monthly expenditure of our family is four hundred dollars altogether.我们一家的开销每月共计四百元。
2 sluggish VEgzS     
adj.懒惰的，迟钝的，无精打采的
参考例句：
  • This humid heat makes you feel rather sluggish.这种湿热的天气使人感到懒洋洋的。
  • Circulation is much more sluggish in the feet than in the hands.脚部的循环比手部的循环缓慢得多。
3 rehabilitation 8Vcxv     
n.康复，悔过自新，修复，复兴，复职，复位
参考例句：
  • He's booked himself into a rehabilitation clinic.他自己联系了一家康复诊所。
  • No one can really make me rehabilitation of injuries.已经没有人可以真正令我的伤康复了。
4 input X6lxm     
n.输入(物)；投入；vt.把(数据等)输入计算机
参考例句：
  • I will forever be grateful for his considerable input.我将永远感激他的大量投入。
  • All this information had to be input onto the computer.所有这些信息都必须输入计算机。

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