CCTV9英语新闻：未来三年我国城镇化投资资金需求量将达25万亿元

The central urbanization work conference, which ended on Friday, reiterated¹ the need for a steady process. The China Development Bank estimates the country’s urbanization will need 25 trillion yuan, or around 4 trillion dollars, over the next three years.

China’s new urbanization drive: the policy tone is proactive. Friday was the day when the highest-level meeting of the Chinese leadership that ever convened² on urbanization took place.

The message was clear: the pace of carrying out new measures should be steady, the urbanization process has to be human-centered, while balancing urban-rural development and unleashing³ domestic demand are the top priorities.

The issue comes with a huge financial cost over the next couple of years. But, at the heart is to improve the living conditions in the cities.

"Urbanization has to do with people’s mentality⁴. It’s actually very crucial. It includes improving their skills, changing their lifestyles. They also need to be provided with all the benefits of working and living in urban areas," said Prof.Xue Lan of Tsinghua University.

But striking the right balance between the scale of farmland and urban areas will remain a huge challenge.

"We focused too much on turning villages into cities and towns. Local governments then used way too much farmland as collateral⁵, in order to get bank funding. Now we need to avoid any massive decrease of farmland during the urbanization process," said Prof. Wen Tiejun of Renmin University of China.

But how can local governments get more funding, given that issuing more debt is no longer sustainable?

"First is to adjust the structure of the fiscal⁶ system. The central government should take on more responsibilities for local governments regarding public spending. In the meantime, the central government should help local governments issue debt," said Prof. Wen Tiejun of Renmin University of China.

But there are always two sides of a coin. On one side, China’s rigid⁷ "hukou", or household registration⁸ system, has prevented many migrants from gaining equal access to public services in cities. On the other side, toxic⁹ pollution and environmental costs are putting a big questionmark on the future of China’s urbanization.

1 reiterated   

反复地说，重申( reiterate的过去式和过去分词 )

参考例句：

• "Well, I want to know about it,'she reiterated. “嗯，我一定要知道你的休假日期，"她重复说。 来自英汉文学 - 嘉莉妹妹
• Some twenty-two years later President Polk reiterated and elaborated upon these principles. 大约二十二年之后，波尔克总统重申这些原则并且刻意阐释一番。

2 convened   

召开( convene的过去式 )； 召集； （为正式会议而）聚集； 集合

参考例句：

• The chairman convened the committee to put the issue to a vote. 主席召集委员们开会对这个问题进行表决。
• The governor convened his troops to put down the revolt. 总督召集他的部队去镇压叛乱。

3 unleashing   

v.把（感情、力量等）释放出来，发泄( unleash的现在分词 )

参考例句：

• Company logos: making people's life better by unleashing Cummins power. 公司理念：以康明斯动力建设更美好的生活！ 来自互联网
• Sooner or later the dam will burst, unleashing catastrophic destruction. 否则堤坝将崩溃，酿成灾难。 来自互联网

4 mentality   

n.心理，思想，脑力

参考例句：

• He has many years'experience of the criminal mentality.他研究犯罪心理有多年经验。
• Running a business requires a very different mentality from being a salaried employee.经营企业所要求具备的心态和上班族的心态截然不同。

5 collateral   

adj.平行的；旁系的；n.担保品

参考例句：

• Many people use personal assets as collateral for small business loans.很多人把个人财产用作小额商业贷款的抵押品。
• Most people here cannot borrow from banks because they lack collateral.由于拿不出东西作为抵押，这里大部分人无法从银行贷款。

6 fiscal   

adj.财政的，会计的，国库的，国库岁入的

参考例句：

• The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
• The government has two basic strategies of fiscal policy available.政府有两个可行的财政政策基本战略。

7 rigid   

adj.严格的，死板的；刚硬的，僵硬的

参考例句：

• She became as rigid as adamant.她变得如顽石般的固执。
• The examination was so rigid that nearly all aspirants were ruled out.考试很严，几乎所有的考生都被淘汰了。

8 registration   

n.登记，注册，挂号

参考例句：

• Marriage without registration is not recognized by law.法律不承认未登记的婚姻。
• What's your registration number?你挂的是几号？

9 toxic   

adj.有毒的，因中毒引起的

参考例句：

• The factory had accidentally released a quantity of toxic waste into the sea.这家工厂意外泄漏大量有毒废物到海中。
• There is a risk that toxic chemicals might be blasted into the atmosphere.爆炸后有毒化学物质可能会进入大气层。