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