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Economy rebounding after drop
China's economy experienced a deep reduction in the first quarter due to the novel coronavirus outbreak. ____16____. This indicates that the country's recovery has gained a firmer footing, officials and economists said on Friday.
___17___. However, it remains unclear whether the government will still set a GDP growth target for the year. Economists said China's policy for the next step needs to focus on stimulating(刺激) demand and stabilizing(稳定)employment to promote economic recovery.
Mao Shengyong, NBS spokesman, said the outbreak created a serious blow to the country's economy in the first quarter, but major economic indicators(指标) rebounded in March.____18____.
Lian Ping, chief economist at Zhixin Investment, said the government needs to strengthen policy support to prevent the economy from suffering a second wave of blows from the global economic downturn. ____19____. While most large companies have resumed production, according to NBS calculations, many smaller companies are still struggling to resume work under rising financial difficulties and labor shortages.
Retail sales dropped by 19 percent year-on-year in the first quarter, which indicated that domestic demand remains relatively weak and there is still room for policies to effectively boost households' consumption(消费), economists said. ____20____. The urban unemployment rate was 5.9 percent in March, down by 0.3 percentage point from February, according to the NBS.
A. Urban household income declined by 3.9 percent year-on-year in the first quarter.
B. But major economic indicators improved mostly in March.
C. China's GDP in the first quarter contracted by 6.8 percent from a year earlier according to the National Bureau of Statistics.
D. Chinese economy is recovering as more companies are borrowing to promote their production recovery.
E. And the country's economic performance will improve further in the second quarter.
F. Chinese companies, including exporters, have seen an increase in cancellations(取消) of orders.
G. "More support needs to be given to households as the decline(下降) of residents' income
【答案】
Economy rebounding after drop
China's economy experienced a deep reduction in the first quarter due to the novel coronavirus outbreak. ____16____. This indicates that the country's recovery has gained a firmer footing, officials and economists said on Friday.
___17___. However, it remains unclear whether the government will still set a GDP growth target for the year. Economists said China's policy for the next step needs to focus on stimulating(刺激) demand and stabilizing(稳定)employment to promote economic recovery.
Mao Shengyong, NBS spokesman, said the outbreak created a serious blow to the country's economy in the first quarter, but major economic indicators(指标) rebounded in March.____18____.
Lian Ping, chief economist at Zhixin Investment, said the government needs to strengthen policy support to prevent the economy from suffering a second wave of blows from the global economic downturn. ____19____. While most large companies have resumed production, according to NBS calculations, many smaller companies are still struggling to resume work under rising financial difficulties and labor shortages.
Retail sales dropped by 19 percent year-on-year in the first quarter, which indicated that domestic demand remains relatively weak and there is still room for policies to effectively boost households' consumption(消费), economists said. ____20____. The urban unemployment rate was 5.9 percent in March, down by 0.3 percentage point from February, according to the NBS.
A. Urban household income declined by 3.9 percent year-on-year in the first quarter.
B. But major economic indicators improved mostly in March.
C. China's GDP in the first quarter contracted by 6.8 percent from a year earlier according to the National Bureau of Statistics.
D. Chinese economy is recovering as more companies are borrowing to promote their production recovery.
E. And the country's economic performance will improve further in the second quarter.
F. Chinese companies, including exporters, have seen an increase in cancellations(取消) of orders.
G. "More support needs to be given to households as the decline(下降) of residents' income
【答案】
苏19057182-3号