的購買力 The huge market potential that

China enjoys will be turned into tangible

purchasing power.

適應市場經濟需要的法律法規體系還不

夠健全 The regulatory and legal system is

not well established as to adapt to the

demand of market economy.

經濟管理體制可能會出現一些不適應

The economic management system may not

be readily adapted to the changes.

一些行業和企業可能會受到沖擊 Some

sectors of economy and some businesses

may be adversely affected.

立足中國國情，發揮自身優勢 proceed

from national conditions in China and bring

our advantages into play

揚長避短，趨利避害，迎接經濟全球化的

挑戰 foster strengths and circumvent

weaknesses and rise to the challenge of economic globalization

瓶頸制約 bottleneck constraints

放權讓利 decentralization and interest concessions (in late 1980s and early 1990s)

深化改革 intensify reform; deepen one’s commitment to reform

配套改革 supporting (concomitant)reforms

配套資金 counterpart funds; local funding of

提高經濟效益 improve economic

performance; increase economic returns

講求社會效益 value contribution to society; pay attention to social effect

加速國民經濟信息化 develop

information-based economy accelerate IT

application in economy

拉動經濟增長 fuel economic growth

利改稅 substitution of tax payment for profit delivery

費改稅 transform administrative fees into taxes

債轉股 debt-to-equity swap

頭寸寬裕（頭寸緊缺） in an easy position

(tight position)

朝陽產業 sunrise industry

招標投標制 the system of public bidding or project

充分發揮貨幣政策的作用 give full play

to the role of monetary policy

實施積極的財政政策 follow a pro-active