China approves 25 urban rail projects to boost economy

 China approves 25 urban rail projects to boost economy

BEIJING, Sept. 6 (Xinhua) -- China's top economic planning agency has approved 25 urban rail projects that could be worth more than 800 billion yuan (126.98 billion U.S. dollars).

The National Development and Reform Commission (NDRC) on Wednesday announced the approvals of project plans and feasibility reports for the 25 projects in cities including Shijiazhuang, Taiyuan, Lanzhou, Guangzhou and Xiamen, according to the NDRC's website.

The move marks the government's latest effort to stabilize¹ economic growth when external demand remains² weak as the U.S. economy has been struggling to gain traction³ and Europe is slipping toward a recession, Xu Changle, professor of regional economics at the East China Normal University.

China's economy grew by 7.6 percent year on year in the second quarter of 2012, its slowest pace in three years, official data shows.

Forty Chinese cities will have subway systems by 2020, bringing the total track length to 7,000 km, 4.3 times the current length, according to the China Association of Metros⁴, an organization under the direct supervision⁵ of the NDRC.

Railroad equipment manufacturers and construction companies will be the major beneficiaries of the approved infrastructure⁶ spending, Xu said.

Boosted by the news, CSR Corp., the country's biggest train maker⁷, gained 4.13 percent to 4.04 yuan as of 11 a.m.

1 stabilize   

vt.（使）稳定，使稳固，使稳定平衡；vi.稳定

参考例句：

• They are eager to stabilize currencies.他们急于稳定货币。
• His blood pressure tended to stabilize.他的血压趋向稳定。

2 remains   

n.剩余物，残留物；遗体，遗迹

参考例句：

• He ate the remains of food hungrily.他狼吞虎咽地吃剩余的食物。
• The remains of the meal were fed to the dog.残羹剩饭喂狗了。

3 traction   

n.牵引；附着摩擦力

参考例句：

• I'll show you how the traction is applied.我会让你看如何做这种牵引。
• She's injured her back and is in traction for a month.她背部受伤，正在作一个月的牵引治疗。

4 metros   

n.地下铁路( metro的名词复数 )；（尤指）巴黎地铁

参考例句：

• The map says the highest peak in this vicinity is 1500 metros. 地图显示附近最高点是1500米。 来自互联网
• Cuando estaba en el equipo de atletismo, siempre corría 400 metros. 我在田径队时，总是跑400米。 来自互联网

5 supervision   

n.监督，管理

参考例句：

• The work was done under my supervision.这项工作是在我的监督之下完成的。
• The old man's will was executed under the personal supervision of the lawyer.老人的遗嘱是在律师的亲自监督下执行的。

6 infrastructure   

n.下部构造，下部组织，基础结构，基础设施

参考例句：

• We should step up the development of infrastructure for research.加强科学基础设施建设。
• We should strengthen cultural infrastructure and boost various types of popular culture.加强文化基础设施建设，发展各类群众文化。

7 maker   

n.制造者，制造商

参考例句：

• He is a trouble maker，You must be distant with him.他是个捣蛋鬼，你不要跟他在一起。
• A cabinet maker must be a master craftsman.家具木工必须是技艺高超的手艺人。