transition its economy to one driven by technological innovation
transition .. to .. 转换
increasingly centralizes power
centralizes power:权力集中
That's the takeaway from
takeaway:要点,key
Here's a rundown of what the event
rundown:概要
Putting a floor under the downturn
downturn :经济低迷
put a floor under 为,,,奠定基础
gross domestic product:国内生产总值 gdp
at the upper range of:上限
faces many headwinds:面临许多阻力
prolonged downturn in the vast property market:
prolonged downturn:长期低迷
in the vast property market:房地产市场
persistent deflation:持续 通货紧缩
A significant chunk of :很大一部分
by the construction of ever greater quantities of apartments
ever greater quantities of:越来越多的
infrastructure projects:基础设施项目
delivering falling returns:回报率下降
imposed sanctions :实施的制裁
procure high-tech goods:采购高科技产品
bolster employment:促进就业
underscored:强调
featured prominently:强调性突出
dumping its reliance on:抛弃
offset the shortfall:弥补差额
neglecting or abandoning traditional industries:neglecting 忽视
Fiscal stimulus 财政刺激
special bonds 特别债券
principal lever 主要杠杆
plans to issue 1 trillion yuan :issue 发行
ultra-long:超长期
for several consecutive years:consecutive 连续的
Monetary policy:货币政策
enough liquidity: 足够的流动性
fund the extra government spending:fund ... 提供资金
are lending to:正在贷款给...
favored sectors:喜欢的行业
While the issuance is potentially fairly large
issuance:发行
potentially fairly large:可能相当大
They argue that
argue:认为
deflationary pressures:通货紧缩压力
retail sale:零售
offer handouts:发放救济金
modest increases:适度增加
in welfare provisions:福利供给
Supply-led support 供应主导的支持
proceedings 会议
scrap :取消
barring special circumstances:除非特殊情况
under his regime:在他的政权
It also underscores:强调
The post:位置
merely executes decisions:只是执行政策
revise rules:修订规则
reverse mistakes:扭转错误