中國(guó)貨幣政策從“穩(wěn)健”轉(zhuǎn)為“從緊”
　　中國(guó)政府宣布，已將貨幣政策由“穩(wěn)健”調(diào)整為“從緊”。這再度表明，政府擔(dān)心目前兩位數(shù)的經(jīng)濟(jì)增長(zhǎng)會(huì)進(jìn)一步加速。
　　China has announced it has shifted its monetary policy stance from “prudent” to “tightening” in another sign that Beijing is concerned about the acceleration of an economy already growing at double-digit rates.
　　本周在北京召開的中央經(jīng)濟(jì)工作會(huì)議正式作出了這一決定。它表明，中央政府越來越擔(dān)心，在建筑業(yè)熱潮升溫的背景下，作為經(jīng)濟(jì)增長(zhǎng)的主要推動(dòng)力，投資也在再度升溫。
　　The decision, formally taken at an annual economic conference in Beijing this week, signals growing concern that investment, the prime driver of growth, is picking up pace again on the back of rising construction.
　　政府還擔(dān)心，目前僅限于食品的通貨膨脹將會(huì)擴(kuò)大到其它領(lǐng)域。中央政策表述的變化體現(xiàn)了這方面的擔(dān)憂，也將給包括央行在內(nèi)的政策制定者以更大的行動(dòng)空間，以指導(dǎo)地方金融機(jī)構(gòu)的貸款業(yè)務(wù)。
　　The government is also concerned that inflation, which has so far been confined to food, could spill over into other sectors. The change in language symbolises such concerns and will give policymakers, including the central bank, greater leeway to dictate the lending practices of local financial institutions.
　　北京咨詢公司龍洲經(jīng)訊(Dragonomics)的數(shù)據(jù)顯示，在2004至2006年間，因信貸緊縮和限制性土地政策，建筑業(yè)的增長(zhǎng)略顯萎縮，但在2007年和2008年，勢(shì)將再次呈現(xiàn)25%的年增速。在政府發(fā)展經(jīng)濟(jì)適用房的決心推動(dòng)下，出現(xiàn)了新一輪的繁榮。發(fā)展經(jīng)濟(jì)適用房是中國(guó)政府更廣泛政策的一部分，目的是更為平均地分配經(jīng)濟(jì)增長(zhǎng)所帶來的好處。
　　Construction growth sagged slightly between 2004 and 2006 on credit tightening and restrictive land policies, but is now on track to grow 25 per cent year on year in 2007 and 2008, according to Dragonomics, a Beijing consultancy. The new boom has been driven by the government’s determination to boost low-cost housing as part of its broader policy to distribute the benefits of economic growth more evenly.
　　瑞銀(UBS)駐香港的喬納森?安德森(Jonathan Anderson)表示：“我不認(rèn)為（中國(guó)央行）想要降低內(nèi)需。央行只是想要避免任何形式的過快增長(zhǎng)。” “I don’t think the [central bank] wants to slow down dom?estic demand. It just wants to avoid any acceleration in growth,” said Jonathan Anderson, of UBS, in Hong Kong.
　　中國(guó)經(jīng)濟(jì)在今年前三個(gè)季度的增速為11.5%。根據(jù)路透社(Reuters)昨天發(fā)布的一份投行經(jīng)濟(jì)學(xué)家調(diào)查報(bào)告，所有受調(diào)查者都認(rèn)為，中國(guó)2008年的經(jīng)濟(jì)增速將會(huì)再次超過10%。
　　The economy grew 11.5 per cent in the first three quarters of this year. In a poll of investment bank economists published by Reuters yesterday, all said they expected growth to exceed 10 per cent again in 2008.
　　持久的通貨膨脹尤其令人擔(dān)心。由于食品價(jià)格持續(xù)走強(qiáng)，11月份的通脹率料將突破8月份和10月份的6.5%，再創(chuàng)新高。最新月度統(tǒng)計(jì)數(shù)據(jù)將于下周發(fā)布。
　　Persistent inflation is of particular concern, with new monthly figures for November, due to be released next week, on track to break the highs of August and October of 6.5 per cent, because of continued strong food prices.
　　本次經(jīng)濟(jì)工作會(huì)議之后發(fā)表的一份聲明指出：“政府要采取有力措施抑制價(jià)格總水平過快上漲，加強(qiáng)……基本生活必需品和其他緊缺商品的生產(chǎn)。”
　　“The government should take powerful measures to restrain the general level of prices from increasing too fast, and strengthen the production of life necessities...” a statement released after the conference said.