08年12月雅思口语新题:economic risk

考试收集到的新题，我找了一篇文章给大家看，积累词汇和句子，一定要浏览几遍

China facing bigger economic downside risk 
 
 Editor:Sharon Lee

economic planner on Thursday.

The troubling status quo of the country's economy has driven top

policy-makers to work day and night, with Premier Wen Jiabao

presiding over up to four State Council meetings in a week.

Zhang Ping, minister of the National Development and Reform

Commission (NDRC), said during a press conference in Beijing

Thursday that the central government has meted out a breakdown of

the 4-trillion-yuan fiscal stimulus plan. The majority of the

investments will be channelled to infrastructure projects, rural

residents' medical care and pensions, technological renovation,

environment, and tax cuts for businesses and individuals.

Deepening economic woes worldwide are casting a larger shadow on

as 6 percent.

The worst has yet to come as the global financial crisis has not

bottomed out, Zhang admitted.

Chinese enterprises, especially those export-oriented businesses,

are experiencing growing difficulties, with some having been forced

to halt or reduce production. "Without doubt, the situation will

hurt employment," he said. Some workers have chosen to go back to

their rural homes as the employers have shun down factories, he

added.

With such a grave situation, China will continue to implement

"strong and effective" fiscal and monetary instruments to check the

slowing pattern, and yesterday's 108-percentage-points interest

rate cut is one of the measures, Zhang said.

On Wednesday, China's central bank announced a massive cut of the

benchmark annual saving and loaning rates by 1.08 percentage

points, as part of the intensified moves to further stimulate

domestic demand, and to give substantial support to enterprises,government and local governments. However, he asserted that the tax

rate won't be too high -- perhaps less than the 30 percent as

predicted by many.