China's ultimate consumption rate expected to hit historica |
文章来源： 文章作者： 发布时间：2007-02-09 00:38 字体： [ 大 中 小] 进入论坛 |
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| Chinanews, Beijing, Feb.8 – Compared with investment, China’s consumption rate might still be relatively1 low. Some experts recently predicted that China’s ultimate consumption rate (the rate of total consumption figure to that of GDP figure) in 2006 might fall below 50% to hit a historical low point again, the Economic Information Daily reported.
In regard to Chinese consumption, experts always hold diverse opinions about this issue. Some people think that at the present economic stage, China’s low consumption figure is “not a big issue”, as it will surely increase in future.
As China enters into an aging society, some experts expect that the large savings2 in banks will flow into the consumption field.
Economic figures released for 2006 seem to support such view. In 2006, the total retail3 sales of consumer goods reached 7.64 trillion yuan, increasing by 13.7% from last year, or 0.8 percentage points higher than the related growth rate of the previous year. Since both the residents consumption price and the prices of retail goods witnessed small growth rates, the actual growth rate of the total retail sales of consumer goods was even larger than it seemed to be.
However, compared with investment and trade growths, consumption still grew rather slowly. In 2006, when the total retail sales of consumer goods grew by 13.7%, investment in fixed4 assets increased by 24% and import and export volume rose by 23.8%. For a long time, the consumption growth rate had fallen behind that of investment and export. As a result, its proportion in GDP figures has kept declining. Statistics show that China's ultimate consumption rate fell by 10.5 percentage points in the past ten years, from 62.4% in 1992 to 51.9% in 2005. At the same time, residents' consumption rate fell from 47.2% in 1992 to 38% in 2005, or decreasing by 9.2 percentage points during the same period. Both the two figures hit historical low points.
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1
relatively
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| adv.比较...地，相对地 |
参考例句： |
- The rabbit is a relatively recent introduction in Australia.兔子是相对较新引入澳大利亚的物种。
- The operation was relatively painless.手术相对来说不痛。
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2
savings
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| 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。
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3
retail
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| 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。
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4
fixed
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| adj.固定的，不变的，准备好的；(计算机)固定的 |
参考例句： |
- Have you two fixed on a date for the wedding yet?你们俩选定婚期了吗？
- Once the aim is fixed,we should not change it arbitrarily.目标一旦确定，我们就不应该随意改变。
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