BEIJING——TheChineseeconomyhasshownpositivesignsofstabilizing0急定),butit'shardtojudgewhatitwillbenextyeargovernorofChina'scentralbanksaidThursday.ZhouXiaochuangovernorofthePeople'sBankof
BEIJING ——The Chinese economy has shown positive signs of stabilizing 0急定),but it's hard to judge what it will be next year governor of China's central bank said Thursday.
Zhou Xiaochuan governor of the People' s Bank of China made the remarks on a discussion with delegates from the financial field to the 18th National Congress of the Communist Party of China which opened here Thursday morning.
China's economic momentum (冲力)will depend on not only domestic conditions but also changes brought by the global financial crisis said Zhou who is also a CPC delegate to the national congress.
"It has become increasingly clear that the Chinese economy is now moving towards a better direction he said.
Due to the impact of the debt crisis in Europe China's economy began slowing this year. The Chinese economy expanded only 7.4 percent year-on-year in the third quarter of 2012 marking a downturn for seven straight quarters the National Bureau of Statistics said.
As the government adopted a series of fiscal and monetary (财政和货币的) measures and speeded up the approvals of investment projects to spur the slowing economy ,the domestic economy has stabilized since September with better indicators Zhou said.
He said it's hard to judge how the global financial crisis will continue to affect the Chinese economy because the spreading of the European debt crisis and the so- called “fiscal cliff”,problem in the United States have increased uncertainties of the world economy.
"We need to monitor the effect on our economy of the monetary easing policies launched recently by the United States and the European Union " he said.
China is likely to maintain the policy continuity “to some extent” in 2013,but will leave “enough room" to make the policy targeted and flexible.
43.Wliat is the attitude of Zhou Xiaochuan towards the Chinese economy at present? A. Doubtful. B. Negative. C. Optimistic. D. Unknown.
44.The underlined word "spur" in the sixth paragraph probably means_____
A. cause B. expand C. decrease D. encourage
45. What caused China's economy slowing in 2012?
A. Global financial crisis. B. Debt crisis in Europe
C. “Fiscal cliff' problem in the US. D. The Chinese economy policy.
46. Which of the following is NOT true according to the passage?
A. The People's Bank of China launched the economy statistics of China.
B. The Chinese economy policy will have a chance of flexibility in 2013.
C. The world economy is uncertain.
D. The global financial crisis has a great effect on Chinese economy.
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