北京工业大学考博英语模拟试题.pdfVIP

中国考博辅导首选学校 北京工业大学考博英语模拟试题：考博英语阅读训练（4 China reins in economic expansion Chinas growth in fixed-asset investment and its money supply slowed considerably in August，providing firm evidence that the governments tightening measures were reining in the countrys rapid economic expansion.examda Urban fixed-asset investment in August rose 21.5 per cent compared with a year ago， amarked slowdownfrom the 30.5per cent expansionfromJanuary throughJuly and the slowest fora singlemonth sinceDecember 2004.M2，thebroad indicatorformoney supply， rose 17.9 per cent last month compared with 18.4 per cent in July and June. Chinas economy has been growing at a record pace，expanding by 11.3 per cent in the second quarter. Beijing officials and many economists are concerned that such growth rates are not sustainable in the longer term. The latest economic data，which were released by Qiu Xiaohua，commissioner of Chinas National Bureau of Statistics，suggest Beijing has been able to control excessive lending and investment to sectors such as real estate that are especially at risk of overheating. Beijing isusing a combination of monetary and administrative controls in itsattempts tomoderategrowth.SincelateApril，Chinascentralbankhastwiceraisedbenchmark lending ratesandbankreserverequirements.YesterdayitalsomoppeduparecordRmb225bn （$28.3bn in its regular open market operations.examda SuNing，thedeputycentralbankgovernor，saidthisweekatan internationalconference in Beijing that the countrys money supply was slowing dramatically as a result of these measures. At the same time，Chinas leaders are trying to control unnecessary production - for instance by limiting land rights and enforcing environmental standards in key industries such as steel，cement and automobiles. Beijing is also worried about overlending to urban property projects，including residences，officesand industrial