Trade surplus set to reach US$150 billion |
文章来源： 文章作者： 发布时间：2006-11-11 06:41 字体： [ 大 中 小] 进入论坛 |
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| Nov.11 - China's trade surplus is expected to total US$150 billion this year, another big increase from last year's record of US$109.8 billion, the Ministry1 of Commerce (MOC) revealed on Friday.
Meanwhile, the country's foreign trade is estimated to grow 24.5 per cent year-on-year this year to US$1.77 trillion, according to a report on China's autumn foreign trade, jointly2 drafted by the MOC and the Chinese Academy of International Trade & Economic Co-operation.
Total exports this year are estimated at US$960 billion, a rise of 26 per cent year-on-year, while imports are expected to surge 22 per cent to reach US$810 billion.
Dramatic increases were seen in the exports of machinery3 and electric products and high-tech4 products during the past months.
Imports of primary products grew quickly this year as a result of robust5 domestic demand and high prices in the international markets.
Imports and exports of general trade grew at 25.3 per cent year-on-year to US$547.2 billion in the first three quarters while processing trade grew at 21.8 per cent to US$596.2 billion.
However, China's foreign trade growth could see a slowdown next year, increasing by about 15 per cent year-on-year to US$2 trillion, the report predicted.
The trade surplus is likely to continue in the coming years, said Li Yushi, a research fellow with the academy.
"China's trade surplus, which has aroused much concern since last year, mainly results from the world manufacturing industry's transfer to China," he said. "China has been regarded by most multinationals6 as a vital link in their international production chain."
The country saw an annual trade surplus of only US$20-30 billion before 2005, but last year's US$109.8 billion volume made the country the fourth largest in the world in trade surplus.
"China is not in pursuit of a trade surplus. On the contrary, the continuous growth in trade surplus has become one of the major concerns of the government," Li said. "Delegations7 have often been sent to major trade partners, such as the United States, for big deals of imports."
The trade surplus totalled US$109.8 billion in the first three quarters this year, but October witnessed a sudden monthly record of US$23.8 billion.
Experts contributed the climb to the latest adjustment in the tax rebate8 regime. The central government plans to reduce or scrap9 the tax rebate on exports of some products in December, which prompted many exporters to fulfil orders before the new tax rebate rate is adopted.
"Such big volume is not expected to last long," said Liu Haiquan, deputy director of the MOC's comprehensive trade and market affairs department.
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点击  收听单词发音
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1
ministry
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| n.(政府的)部；牧师 |
参考例句： |
- They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
- We probed the Air Ministry statements.我们调查了空军部的记录。
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2
jointly
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| 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。
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3
machinery
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| n.(总称)机械，机器；机构 |
参考例句： |
- Has the machinery been put up ready for the broadcast?广播器材安装完毕了吗？
- Machinery ought to be well maintained all the time.机器应该随时注意维护。
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4
high-tech
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| adj.高科技的 |
参考例句： |
- The economy is in the upswing which makes high-tech services in more demand too.经济在蓬勃发展，这就使对高科技服务的需求量也在加大。
- The quest of a cure for disease with high-tech has never ceased. 人们希望运用高科技治疗疾病的追求从未停止过。
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5
robust
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| adj.强壮的，强健的，粗野的，需要体力的，浓的 |
参考例句： |
- She is too tall and robust.她个子太高，身体太壮。
- China wants to keep growth robust to reduce poverty and avoid job losses,AP commented.美联社评论道，中国希望保持经济强势增长，以减少贫困和失业状况。
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6
multinationals
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| 跨国公司( multinational的名词复数 ) |
参考例句： |
- These local companies are only small fry compared with the huge multinationals. 同那些跨国公司比，这些当地的公司不过是小鱼小虾。
- Some people believe that the multinationals have too much power. 有人认为跨国公司的权力太大了。
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7
delegations
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| n.代表团( delegation的名词复数 )；委托，委派 |
参考例句： |
- In the past 15 years, China has sent 280 women delegations abroad. 十五年来，中国共派280批妇女代表团出访。 来自汉英非文学 - 白皮书
- The Sun Ray decision follows the federal pattern of tolerating broad delegations but insisting on safeguards. “阳光”案的判决仿效联邦容许广泛授权的做法，但又坚持保护措施。 来自英汉非文学 - 行政法
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8
rebate
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| v./n.折扣，回扣，退款；vt.给...回扣，给...打折扣 |
参考例句： |
- You can claim a rebate on your tax.你可以要求退回部分税款。
- Customers are to benefit from a rebate on their electricity bills.顾客将从他们的电费退费中得到实惠。
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9
scrap
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| n.碎片；废料；v.废弃，报废 |
参考例句： |
- A man comes round regularly collecting scrap.有个男人定时来收废品。
- Sell that car for scrap.把那辆汽车当残品卖了吧。
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