双语阅读英语外刊精讲：中国GDP增长目标

2019-05-01 09:58:00来源：酷学英语

　　China has set its 2018 economic growth target at "around 6.5%".

　　The figure, announced at the opening session of the annual National People’s Congress, is in line with the country’s existing expansion goals.

　　The report also said China would clamp down on the kind of financially risky operations which have threatened to cause the collapse of major firms.

　　It follows last month’s steps by Beijing to take control of insurance and financial giant Anbang.

　　Several other high-profile operations are also having their finances scrutinised by Beijing.

　　China is now the world’s second largest economy, but a reliance on borrowing has led to pressing political concerns about debt risk.

　　As expected, the report delivered by Premier Li Keqiang said reining in this risk would be a key policy for the coming year, promising to "see that internal risk controls are tightened in financial institutions" and a "serious crackdown on activities that violate the law like illegal fundraising and financial fraud".

　　The report added that the unchanged growth target was "fitting given the fact that China’s economy is transitioning from a phase of rapid growth to a stage of high-quality development" and would allow it to "achieve relatively full employment".

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