每日一篇 3.12

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

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