[外文] An Introduction of Chinese Economy
Currently, our national economy develops well with the strengthened internal economic grow mechanism and its overall integrity in speed, quality and efficiency. However, we still need to notice clearly the fact that so far no nation has managed to keep its economy grows rapidly and continuously without any fall downs. China cannot be an exception either.
Our achievement is obvious. However, become of the change of the economic situation, there appear some new problems and conflicts such as the National Corporate Reform, the large-scale unemployment, the polarization of economy, the corruption, the financial crisis, and the damage of biological environment and so on. All of these issues deserve intensive attention and urge for as-soon-as-possible solutions.
In terms of Chinese current economic development, the following aspects should be paid attention to: first, we should strengthen leadership in investment of estate industry, limiting the blind development of high-rank commercial houses and encourage the construction of economical houses through economic and legal methods. Second, we should do a good job at the tracking of both international and domestic economic situation and design a corresponding plan in time.Third, we should enhance microscope supervision over motor industry and steel indus-try, forbidding low-leveled repeated construction and unordinary competition. We should stop the over-hot tendency of some industries while we are encou-raging the reasonable elements in economic growth. We should both adjust and correct the tendency of over-quick investment increase in some industries and also take actions to deal with the increasing supply-and-demand conflicts in some essential productive factors. Forth, we should take multiple-side actions to solve the electricity shortage problem in some areas. We should practically enhance water resource management, relief water-lacking situation in some area and accelerate the price reform for urban and agricultural water consumption. Fifth, we should further carry out the incorrupt government construction and the anti-corruption work. We should start from the state council and build up a standard behavior mechanism to guarantee the governments operate harmonious-ly, justly, incorruptly and effectively. All of these measures show the absolu-tion of Chinese leaders′ team in clearing off the roadblocks in all levels and carving up a smooth way for the economic growth.
So far our country is still in poverty. According to the official poverty line --average income of 600 Yuan per capita per year, there are still 20 million people in our country who have not gotten rid of poverty. This is the standard used in China. However, if calculating by the international poverty line-- daily income of one dollar per capita ,that date rises up to 100 mi-llion people who still live in poverty. Our total national debt is about 13.3 thousand trillion Yuan, equaling to more than 1.3 times of GDP in our country, which is really a heavy financial burden. Besides, how to face up with the challenges brunt in by entering the WTO still remains a difficult task. Thus China has to accelerate its pace and deepen its strength in financial reform, getting prepared to accept the worldwide financial competition. On the whole, I take a positive attitude towards the Chinese economic aim of an annual over 7% growth.