India to Surpass China in Economic Growth.ppt

India to Surpass China in Economic Growth Words and Expressions Words and Expressions Background Background * Presenters: 1203012136 宋雅静 1203012145 叶璐 1203012147 詹雯霞 1203012148 张妃 1203012149 张鑫桂 2015/03/25 星期三 /essay/2015/03/25/38046.html India could outpace China as the world’s fastest growing economy as soon as this year.By 2030, India is expected to top China as the world’s most populous nation, according to IMF director Christine Lagarde. Lagarde, who was visiting India last week, said the country’s economy is expected to grow 7.5% in the upcoming 2015-2016 fiscal year, which begins in April, up from 7.2% in the current fiscal year. At that rate, India would be the world’s fastest growing large economy, she added.However even with the faster pace of growth, India doesn’t come close to China in terms of raw economic power. Lagarde attributed India’s dynamism to recent policy reforms and improved business confidence that provided a booster shot for the economy. Looking further ahead, Lagarde said India’s economy will have doubled in size compared with 2009. She said Indian output is also on track to exceed the combined output of Russia, Brazil and Indonesia. More than half of India’s 1.25 billion population is below the age of 25, with 12 million Indians entering the workforce every year. outpace ： surpass in speed; 超过 ... 速度；超过 Eg.Malthus believed that population increase would outpace increases in the means of subsistence fiscal year：is a period used for calculating annual (yearly) financial statements in businesses and other organizations 美财政年度； 会计年度 Eg.In China,the fiscal year for all entities starts on 1 January and ends 31 December. economic power：经济实力；经济力量 Eg.Relying on science, technology and knowledge to increase economic power. booster shot: 强心针-an enthusiastic support； 原意-后续疫苗注射 In medicine,it is an immunizing medicatio