China honors private business elite

 BEIJING, Dec. 4 (Xinhua) -- Hundreds of Chinese businesspeople involved in individually-owned businesses were honored for their excellent careers on Tuesday during an award ceremony attended by Vice¹ Premier² Wang Qishan.

Some 302 people associated with individually-owned businesses received awards from the China Private-Owned Business Association, a non-profit organization for individual businesspeople.

Vice Premier Wang, also a member of the Standing³ Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, presented awards to the winners at the Great Hall of the People.

China has 110 million private businesspeople, including 84.55 million with individually-owned businesses.

Individually-owned, private business has played an increasingly pivotal role in China's social and economic development, producing about 60 percent of the nation's GDP, at least half of the tax revenue and 80 percent of jobs.

Despite their tremendous contributions, they face many more difficulties in getting bank loans than their counterparts in state-owned sectors⁵. The situation was getting notably⁶ serious during the global financial crisis, when individual businesses were hit with shrinking demand and soaring costs.

To shore up the private sector⁴, the government has implemented⁷ a raft of policies, including offering tax cuts and announcing guidelines to allow private businesses to enter key industries.

The report to the 18th CPC National Congress noted⁸, "We must unswervingly encourage, support and guide the development of the non-public sector, and ensure that economic entities⁹ under all forms of ownership have equal access to factors of production in accordance with the law, compete on a level playing field and are protected by the law as equals."

1 vice   

n.坏事；恶习；[pl.]台钳，老虎钳；adj.副的

参考例句：

• He guarded himself against vice.他避免染上坏习惯。
• They are sunk in the depth of vice.他们堕入了罪恶的深渊。

2 premier   

adj.首要的；n.总理，首相

参考例句：

• The Irish Premier is paying an official visit to Britain.爱尔兰总理正在对英国进行正式访问。
• He requested that the premier grant him an internview.他要求那位总理接见他一次。

3 standing   

n.持续，地位；adj.永久的，不动的，直立的，不流动的

参考例句：

• After the earthquake only a few houses were left standing.地震过后只有几幢房屋还立着。
• They're standing out against any change in the law.他们坚决反对对法律做任何修改。

4 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

5 sectors   

n.部门( sector的名词复数 )；领域；防御地区；扇形

参考例句：

• Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
• Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》

6 notably   

adv.值得注意地，显著地，尤其地，特别地

参考例句：

• Many students were absent,notably the monitor.许多学生缺席，特别是连班长也没来。
• A notably short,silver-haired man,he plays basketball with his staff several times a week.他个子明显较为矮小，一头银发，每周都会和他的员工一起打几次篮球。

7 implemented   

v.实现( implement的过去式和过去分词 )；执行；贯彻；使生效

参考例句：

• This agreement, if not implemented, is a mere scrap of paper. 这个协定如不执行只不过是一纸空文。 来自《现代汉英综合大词典》
• The economy is in danger of collapse unless far-reaching reforms are implemented. 如果不实施影响深远的改革，经济就面临崩溃的危险。 来自辞典例句

8 noted   

adj.著名的，知名的

参考例句：

• The local hotel is noted for its good table.当地的那家酒店以餐食精美而著称。
• Jim is noted for arriving late for work.吉姆上班迟到出了名。

9 entities   

实体对像； 实体，独立存在体，实际存在物( entity的名词复数 )

参考例句：

• Our newspaper and our printing business form separate corporate entities. 我们的报纸和印刷业形成相对独立的企业实体。
• The North American continent is made up of three great structural entities. 北美大陆是由三个构造单元组成的。