河北金融学院教学平台-试译宝

<<返回 河北金融学院—学生翻译实践成果展

以下内容为河北金融学院学生最近一个月内的翻译实践成果

中华人民共和国和法兰西共和国关于加强全球治理的联合声明（2025-12-05）

应中华人民共和国主席习近平邀请，法兰西共和国总统埃马纽埃尔·马克龙于2025年12月3日至5日对中国进行国事访问。两国元首就多边主义和国际局势深入交换意见，并在2019年3月25日《中华人民共和国和法兰西共和国关于共同维护多边主义、完善全球治理的联合声明》、2023年4月7日《中华人民共和国和法兰西共和国联合声明》以及2024年5月7日《中华人民共和国和法兰西共和国关于人工智能和全球治理的联合声明》的基础上，重申致力于全球治理。 1.今年是联合国成立80周年。中法两国作为联合国创始会员国和安理会常任理事国，重申坚定维护联合国在国际体系中的权威和地位，根据联合国宪章宗旨和原则维护和捍卫基于国际法及团结规则的国际体系。两国元首呼吁坚持推动多边主义。多边主义是国际秩序的基石，是推动国际合作、维护世界和平与繁荣、应对层出不穷的共同问题和挑战的最佳途径。 2.本着这一精神，中法两国支持联合国秘书长通过“联合国80周年改革倡议”作出的推动联合国改革的努力。两国重申支持通过提高发展中国家在所有治理平台中的代表性，建立更具包容性的国际体系。两国强调支持以世界贸易组织为核心、以规则为基础的多边贸易体制，致力于建设自由、开放、透明、包容、非歧视的贸易和投资环境，支持世界贸易组织进行必要改革。两国同意在二十国集团框架下加强合作，推动二十国集团发挥国际经济合作主要论坛作用。 3.法国高度重视并赞赏中国提出的全球治理倡议，该倡议支持联合国在国际事务中发挥核心作用。中法两国愿就此开展合作。 4.当前世界经济面临增长动能不足、不平衡、治理结构需更加合理等挑战。双方呼吁各主要经济体加强对话，就宏观经济政策进行协调，推动国际经济金融治理改革，以便推动世界经济更加均衡、可持续发展。 5.2026年，法国将担任七国集团轮值主席国，中国将担任亚太经合组织东道主。双方愿就应对全球治理挑战开展包容性的对话。中国重视并赞赏法国的努力。法国的雄心是同中国等新兴大国共同商讨应对方案，并让国际货币基金组织参与其中。

2025-12-31 郭鑫晔 CATTI练笔中-英

New high-speed rail opens fresh pathways to tourism and growth in mountainous Guizhou

This mobile phone photo taken on Nov. 20, 2025 shows Berhane Tsegeyohannes from Eritrea, an art teacher at Minzu Normal University of Xingyi, painting a picture at Wanfenglin scenic area in Xingyi City, southwest China's Guizhou Province. (Xinhua/Wu Si) GUIYANG, Nov. 28 (Xinhua) -- A new high-speed railway connecting the cities of Xingyi and Panzhou in southwest China's Guizhou Province commenced service on Friday, ushering the mountain-ringed city of Xingyi into the era of high-speed rail and completing the province's goal of connecting all its prefectural capitals through the modern transport system. The G5356 bullet train departed Xingyi South Station at 9:38 a.m. and arrived at Guiyang North Station in the provincial capital in less than two hours, marking the official launch of the Panzhou-Xingyi high-speed railway. Xingyi, capital of the Bouyei-Miao Autonomous Prefecture of Qianxinan, is nestled in a striking karst landscape and is home to Xingyi Geopark, designated a UNESCO Global Geopark in 2024. The geopark's core scenic area, Wanfenglin, literally meaning "Forest of Ten Thousand Peaks," has long captivated global tourists with its vast expanse of limestone peaks rising from terraced fields and valleys. However, for generations of local residents, the dramatic topography also meant limited transport access and restrained economic growth. The new railway links Xingyi's premier attractions, such as Wanfenglin and Malinghe Canyon, with major transport hubs, injecting new momentum into local tourism development and rural revitalization, said Xie Xuxuan, an official with the Guizhou provincial transport department. Local businesses are already embracing the fresh opportunities. Wu Fangpei, who runs three guesthouses in the Wanfenglin area, said he plans to expand his business by opening four additional homestays now that travel to Xingyi has become faster and more convenient. "Easy transport access is essential for attracting returning guests and encouraging longer stays," he said, adding that he hopes to serve as "an ambassador" who introduces tourists to Xingyi's natural beauty and culture. Berhane Tsegeyohannes from Eritrea, an art teacher at Minzu Normal University of Xingyi since 2024, said the new railway is vital for Xingyi's development as it will draw more tourists and artists from across the world. For Tsegeyohannes, what used to be a taxing five-hour bus ride to Guiyang is now a comfortable two-hour trip, allowing him to attend exhibitions in the provincial capital and return the same day. "I even hope to create artwork inspired by the new railway line," he said. Construction of the Panzhou-Xingyi high-speed railway, launched in late 2021 with a total investment of 13.54 billion yuan (about 1.9 billion U.S. dollars), has encountered significant geological hurdles. Despite spanning only about 99 km, the route crosses the low to mid-altitude ranges of the Yunnan-Guizhou Plateau, with a maximum gradient of 3 percent. Bridges and tunnels account for nearly 91 percent of the line, making it one of Guizhou's most complex rail projects, according to Jiang Guoyun, general manager of Guizhou Railway Investment Group. The new line adds another link to Guizhou's fast-expanding rail system, which has transformed what was once one of China's most mountainous and impoverished regions. With the opening of the Panzhou-Xingyi route, Guizhou has become the first provincial-level region in southwest China to achieve full high-speed rail coverage across all its prefectural capitals. Guizhou's railway network now extends 4,354 km, including 1,906 km of high-speed routes, with 17 rail corridors linking the province with neighboring regions. It is now an integral part of China's modern, extensive national high-speed rail grid. "The opening of the Panzhou-Xingyi high-speed railway is not a finale, but a new beginning, marking a step toward Guizhou's higher-level opening-up and higher-quality development," said Huang Qiang, deputy director of the provincial transport department. "The province's position as a crucial transport hub in southwest China is now more prominent than ever." An aerial drone photo taken on Oct. 2, 2025 shows a view of the Wanfenglin scenic area in Xingyi City, southwest China's Guizhou Province. (Photo by Long Jianrui/Xinhua)

2025-12-31 郭鑫晔 CATTI练笔英-中

China's Shandong develops green energies to advance new energy structure transformation

2025-12-31 郭鑫晔 CATTI练笔英-中

LVMH集团2025年一季度营收不及预期，考虑涨价应对美国关税

【环球网财经综合报道】当地时间周一，法国LVMH集团公布了2025年第一季度财报，公司总营业收入为203.11亿欧元，低于分析师预期的211.4亿欧元。一季度，LVMH有机营收下降了3%，而去年同期有机营收增长了1%。这一转变未能达到分析师预期的1.1%增长。在财报公布后的业绩电话会上，LVMH管理层表示，集团正在考虑涨价以应对美国可能实施的关税。同时，集团正设法控制管理及行政费用（G&A），并拥有调整市场营销成本的空间。对于美将暂缓90天实行部分关税的决定，LVMH集团表示感到茫然。从业务板块来看，一季度LVMH的核心业务——时装与皮具业务超预期下滑，降幅为去年的五倍，远超分析师预期。去年增长最高的第二大业务精品零售也转为微降。具体业务数据如下：时装和皮具业务营收101.08亿欧元；精品零售业务收入41.89亿欧元；手表和珠宝业务收入24.82亿欧元；香水与化妆品收入21.78亿欧元；红酒与烈酒业务收入13.05亿欧元。从市场区域来看，一季度LVMH在欧洲市场的收入保持正增长，而在美国市场，收入下滑3%，低于分析师预期的1.19%增长。在日本市场，由于基数效应，一季度也转为负增长。去年一季度的收入曾得到中国游客赴日消费的强劲增长支持。同时，在包括中国在内的其他亚洲地区，这一LVMH集团收入最多的市场，未能缓和两位数的下滑势头。一季度在日本以外亚洲地区的有机营收下降11%，降幅持平去年水平，但降幅是分析师预期的两倍多，分析师原本预期下降4.69%。财报公布后，LVMH美股粉单跌幅迅速扩大，美股早盘尾声时刷新日低至109.9美元，最终收跌6.2%。

2025-12-31 郭鑫晔财经中-英

IEA下调全球石油需求增长预期

【环球网财经综合报道】国际能源署（IEA）周二发布月度报告，下调了未来两年全球石油需求增长预期，并警告称供应过剩问题或将在2026年持续存在。根据IEA的最新预测，2025年全球石油需求增长将降至73万桶/日，较之前预期减少约30%。而到了2026年，需求增幅预计将进一步减缓，仅为69万桶/日。这一需求下调的主要原因包括贸易摩擦的负面影响以及电动车普及率的上升，后者正在逐步取代传统石油消费，尤其是在全球多个发达国家和地区。 IEA分析师在报告中表示：“4月初贸易摩擦的突然加剧，导致全球经济前景恶化，迫使我们下调需求预测。”在美国宣布一系列关税措施后，全球石油市场立即感受到了冲击。上周，布伦特原油期货价格一度跌破60美元/桶，创下四年来最低水平。尽管截至周二，布伦特期货已小幅回升至65美元附近，但投资者对未来石油需求仍持悲观态度。在供应方面，OPEC+的产量决策成为关键变量。IEA分析认为，沙特推动OPEC+增产，将5月的增产量推至原计划的三倍，试图迫使其他OPEC成员遵守产量限制，结果却加剧了全球石油供应过剩的局面。与此同时，非OPEC国家的年度增长预期虽然有所放缓，但仍将在2025年创下产量纪录，使供应过剩局面持续。IEA预测，到2026年，石油市场的供应过剩将达到170万桶/日。

2025-12-31 郭鑫晔财经中-英

美债流动性“灾难性”萎缩，小摩预计将出现“一场混乱”

【环球网财经综合报道】近日，美债收益率持续收涨，截至上周末，2年期美债收益率涨8.76个基点报3.9558%，3年期美债收益率涨9.8个基点报4.0123%，5年期美债收益率涨8.99个基点报4.158%，10年期美债收益率涨6.86个基点报4.4876%，30年期美债收益率涨0.72个基点报4.8723%。与此同时，美债市场流动性出现“灾难性”萎缩，30万亿美元市场面临巨大不确定性。摩根大通CEO戴蒙表示，他预计美国国债市场将出现“一场混乱”，从而促使美联储介入干预。另有华尔街分析师认为，美国总统反复无常的关税政策引发投资者对美国资产的大幅撤离，对美债大规模的抛售显示出市场对美元资产的信心正在崩塌；上周 10年期美债收益率上涨近50个基点，创下2001年以来的最大涨幅，30年期美债收益率上涨44个基点，亦表明市场对长期债券的需求急剧下滑。（闻辉）

2025-12-31 郭鑫晔财经中-英

Youth Sailing World Championships 2025: Class-by-class preview

2025-12-30 王思诺体育英-中

A股上市银行密集派发中期分红，总额超2600亿元引关注

【环球网财经综合报道】据公开数据统计，截至12月13日，已有26家A股上市银行披露了2025年中期或季度分红方案，这一数量超过了2024年同期的24家。预计分红总额突破2600亿元。本次披露分红方案的银行涵盖6家国有大型银行、6家股份制银行及14家中小银行。其中，国有六大行作为“主力军”，预计中期现金分红总额超过2000亿元。具体来看，工商银行以约504亿元的分红额度位居榜首，建设银行、农业银行、中国银行、邮储银行和交通银行紧随其后。在股份制银行中，兴业银行与中信银行的预计中期分红均超100亿元，光大银行与民生银行则超过50亿元。部分中小银行的分红额度也较为显著，如上海银行、南京银行等。值得注意的是，兴业银行、宁波银行等多家银行系首次推出中期分红方案。业内分析指出，商业银行提高分红频率，是落实新“国九条”关于推动上市公司一年多次分红要求的具体举措。其核心在于通过常态化、多元化的分红安排，打通上市公司盈利与投资者回报的传导链路，夯实市场健康发展的根基。提高分红频率本质上是一种深度的市值管理行为。相较于传统的年度分红，中期或季度分红能够打破回报的时间滞后性，通过更高频次的现金回报强化投资者对银行盈利稳定性的预期，有助于打造清晰的红利型银行股形象。对于投资者而言，更频繁的分红能直接提升股东获得感，让投资者更及时地分享银行的经营成果。同时，稳定的现金回报尤其契合社保基金、养老金、保险资金等长期资金的配置需求。红利型银行的定位有助于吸引这类资金长期持有，形成“长期资金入驻—股价稳定性增强—更多长期资金青睐”的良性循环，从而降低股价的异常波动，减少短期投机行为对估值的扰动。（陈十一）

2025-12-29 郭鑫晔财经中-英

Interview: China to boost consumption, expand high-standard opening-up, commerce minister says

BEIJING, Dec. 5 (Xinhua) -- China will continue to vigorously boost consumption and expand its high-standard opening-up to underpin the country's high-quality development, Chinese Minister of Commerce Wang Wentao told Xinhua in a recent interview. The move aligns with the recommendations of the 20th Central Committee of the Communist Party of China for the formulation of the 15th Five-Year Plan (2026-2030), which identify a strong domestic market as strategic support for Chinese modernization. Wang noted that China possesses the advantage of an ultra-large market, with a population of over 1.4 billion. The people's diversified needs in the pursuit of a high-quality life continue to grow, which embodies huge consumption potential. He highlighted efforts to build an internationalized consumption environment and expand the supply of high-quality consumer goods and services, which will provide strong support for the construction of a robust domestic market and the promotion of high-quality development. As for services consumption, the country will focus on relaxing market access and the integration of business formats, and will channel resources into new consumption drivers such as cruise trips and sports events, the minister said. On the goods consumption front, China will continue holding successful consumption promotion activities, ensuring that people enjoy more tangible benefits. The country will promote the consumption of major durable goods, expand automobile consumption across the entire industrial chain, and promote the consumption of updated home appliances, Wang said. China will also unlock consumption potential in areas like green and smart goods, he said. China remains committed to refining its systems and mechanisms to promote consumption, and to outlining plans to cultivate new consumption scenarios by adopting management measures suitable for novel business forms and models, Wang said. The country will cultivate international consumption center cities and gather global high-quality consumption resources. It will also effectively implement its departure tax-refund policy to expand inbound consumption, and will develop the debut economy, according to the minister. Throughout the 14th Five-Year Plan period (2021-2025), China maintained the world's second-largest goods consumption scale, and its services consumption saw robust growth. The average annual contribution of consumption to economic growth was around 60 percent, underscoring its consistent role as the main engine of the economy, Wang said. He noted that at the same time, China has continuously opened its market to the world, becoming the top export destination for nearly 80 countries and regions. To attract foreign investment, China will foster a transparent, stable and predictable institutional environment, he said. Efforts will also include the comprehensive implementation of the strategy to enhance pilot free trade zones, the expansion of its network of high-standard free trade areas, and the high-standard construction of the Hainan Free Trade Port. China will take proactive steps to expand opening-up on its own initiative, align with high-standard international economic and trade rules, expand market access and open up more areas, with a focus on the services sector, Wang said.

2025-12-29 王鹤洁 CATTI练笔英-中

China-US trade talks, market resilience boost confidence in Chinese assets

China's capital market is witnessing a wave of positive developments. Just days after Chinese policymakers issued major policy measures to stabilize the market, China and the US announced on Monday that the two countries have reached what has been described by some as a better-than-expected breakthrough to ease tariff tension. With the growing positive headlines come greater confidence in Chinese assets. Some global financial institutions have moved swiftly to raise their outlooks for Chinese stocks, while others are making adjustments to their investment strategies to focus on Chinese high-tech stocks. While the outcome of the China-US trade talks offered a significant boost, China's policy orientation, market resilience, and technological breakthroughs in areas such as artificial intelligence (AI) and semiconductors are underpinning the long-term growth potential of Chinese assets, according to analysts and reports from several major global financial institutions. Near-term catalyst "We see this development as a solid near-term catalyst for the China market," Laura Wang, chief China equity strategist at Morgan Stanley, said in a research note shared with the Global Times on Monday, referring to the agreement reached between China and the US. Following two days of talks in Switzerland, China and the US released a joint statement on Monday, announcing several key agreements, most notably a significant reduction in tariffs on both sides. Specifically, the US will remove a total of 91-percent additional tariffs on Chinese products, and China will accordingly cut 91-percent countermeasure additional tariffs against US imports. In addition, the US will suspend a 24-percent "reciprocal tariff" for 90 days, and China likewise will suspend a 24-percent countermeasure tariff for the same period, according to the Ministry of Commerce. "This news greatly boosted the confidence of the global capital market," Yang Delong, chief economist at Shenzhen-based First Seafront Fund, told the Global Times on Tuesday, noting global markets have responded positively to the news. Wang Tao, head of Asia economics and chief China economist at UBS Investment Bank, said in a statement sent to the Global Times on Tuesday that "the trade war de-escalation improves growth outlook." The closely watched US-China trade talks concluded with "substantial progress" on reducing bilateral reciprocal tariffs significantly, which is more positive than many had expected, Wang said. Song Yu, chief China economist at BlackRock, told the Securities Times that the recent progress in China-US trade relations is a significant boost to the macroeconomic environment. This, combined with the stronger-than-expected April export data and intensified domestic economic policy support, as evidenced by the comprehensive package of policies rolled out by three major Chinese government departments last week, is expected to "bolster the confidence of both domestic and international investors in Chinese assets, acting as a powerful catalyst for the Chinese market," Song said. Strong resilience Even before China and the US reached major progress in the trade talks, global investors had already become increasingly bullish on the investment prospects of China's capital market, expressing strong confidence in its strong resilience and long-term growth potential. Some major financial institutions have been quick to adjust their investment strategies. UBS Global Wealth Management issued its investment views on Monday, expressing preference for leading internet companies driving AI development in China and attractive opportunities across the broader semiconductor supply chain. "We believe the continued breakthroughs in China's AI space should help drive the tech sector higher amid signs of a potential de-escalation in the US-China trade war. We now rate Chinese tech stocks as 'Attractive,' and expect the sector to post an earnings growth of 30 percent this year," the wealth management firm said. In the research note on Monday, Wang from Morgan Stanley also noted "structural investment opportunities in tech/artificial intelligence and new consumption related areas." In a May 8 report, Goldman Sachs maintained its "overweight" rating on Chinese equities and raised its 12-month index targets for MSCI China and CSI300 to 78 and 4,400, implying 7 percent and 15 percent potential returns. The report noted that Chinese financial assets have remained resilient, supported by factors such as broad US dollar weakness, signs of easing US-China trade tensions, robust activity growth as shown in hard data, and effective domestic policy easing. Last week, China's monetary and financial authorities unveiled a raft of supportive measures, including policy rate and reserve requirement ratio (RRR) cuts, as the country stepped up efforts to stabilize markets and sustain economic recovery amid external headwinds, according to Xinhua. In one of its key policy actions, the People's Bank of China, the country's central bank, announced an RRR cut of 0.5 percentage points for eligible financial institutions from May 15. Notably, the RRR for auto financing and financial leasing companies will be slashed from 5 percent to 0 percent, Xinhua reported. The timing of the announcement, in particular RRR and policy rate cuts, was seen as a positive surprise by some investors. Goldman Sachs noted that the encouraging aspect of the latest easing package lies in its targeted and increasingly demand-driven approach, which supports the government's goal of fostering a healthy stock market anchored by stable capital. During a press conference announcing the policy measures last week, Wu Qing, chairman of the China Securities Regulatory Commission, highlighted the resilience of the A-share market and emphasized the net profit growth of listed companies achieved in the first quarter. A-share listed companies are resilient, supported by strong domestic demand, diversified export markets, and rising competitiveness. In Q1 2025, their net profits rose 3.6 percent year-on-year, with real-economy firms seeing a 4.3 percent increase, Wu said, while pledging efforts to keep capital markets stable and active.

2025-12-29 王鹤洁 CATTI练笔英-中

Strollers from Hanchuan in C China's Hubei find success overseas

In the exhibition hall of a company in Hanchuan city, central China's Hubei Province, sales manager Pan Fan skillfully demonstrates how to use a stroller. "This is our latest stroller model, mass-produced just this May, and designed primarily for European and Central Asian markets," Pan said. The company, Hubei Belecoo Children's Products Co., Ltd., exported 390,000 strollers last year, and has now entered over 40 countries and regions including Europe, the U.S., Japan, and South Korea. ①: Workers produce strollers at Hubei Ruizhi Children Appliances Co., Ltd. in Hanchuan city, central China's Hubei Province. (People's Daily Overseas Edition/Wu Jun) ②: Pan Fan (1st L), sales manager of Hubei Belecoo Children's Products Co., Ltd., introduces a stroller to customers in Hanchuan city, central China's Hubei Province. (People's Daily Overseas Edition/Wu Jun) ③: A stroller is tested at the Hubei provincial center for quality inspection and testing of strollers. (People's Daily Overseas Edition/Wu Jun) ④: Photo shows strollers on display in the exhibition hall of Hubei Belecoo Children's Products Co., Ltd. in Hanchuan city, central China's Hubei Province. (People's Daily Overseas Edition/Wu Jun) It is a sales company under Yangtian Group, specializing in strollers, cribs, high chairs, and other infant products. Thanks to over 30 years of dedication, Yangtian, one of the earliest enterprises engaged in stroller production in Hanchuan, has helped turn the city into one of China's seven major stroller production hubs, alongside many other manufacturers and supporting enterprises. Known as the "stroller capital of central China," Hanchuan saw export value of the stroller industry hit $58.38 million last year, up 35.7 percent year on year, and the total output value of the sector reach 2.8 billion yuan ($388.51 million), according to Zhong Shoucheng, secretary-general of the Hanchuan Stroller Association. Zhong noted that Hanchuan is home to 36 stroller manufacturers and 48 supporting companies, producing more than 9 million units of strollers, cribs, and pet strollers annually. Hanchuan's stroller story began in the 1980s when locals started making parts for a stroller factory in Wuhan, capital of Hubei. By the 1990s, local entrepreneurs had set up their own factories. One such entrepreneur, Hu Xiaohong, entered the stroller business and later renamed his company Hubei Yangtian Plastic Products Co., Ltd., producing both plastic stroller components and fully assembled strollers as an original equipment manufacturer (OEM). In 2012, his son, Hu Chengpeng, took up the baton, becoming a second-generation stroller entrepreneur. "Back then, the domestic stroller market was extremely competitive, with nearly 100 related manufacturers in Hanchuan alone," said Hu Chengpeng. After visiting factories in south China's Guangdong Province, east China's Jiangsu Province, and elsewhere, he decided to focus on component production and the design of finished strollers, outsourcing manufacturing and repurchasing finished strollers for e-commerce sales. In 2014, he founded Hubei Belecoo Children's Products Co., Ltd., launched the "Belecoo" brand and prioritized e-commerce. Today, Belecoo boasts over 50 stroller models with a daily production capacity of more than 800 units, Hu Chengpeng said. Like Hu Chengpeng, many of Hanchuan's young entrepreneurs have taken over their family businesses, creating new brands. According to Zhong, Hanchuan now has 80 stroller assembly lines and over 50 registered stroller trademarks. In 2016, Hu Chengpeng led his company into the manufacturing of finished strollers, doubling sales that year. "We've applied for over 150 patents. We now manufacture 80 percent of components used in Belecoo strollers," he said. However, Hanchuan's rise as a stroller hub was not without challenges—lack of innovation and intellectual property protection awareness. "Every time a hot-selling stroller hit the market, it was immediately copied. At one point, over 30 companies were producing the exact same model," Zhong recalled. This led to fierce price wars. "Profit margins dropped to as low as 5 yuan per stroller," said Deng Fangbo, deputy general manager of Hubei Ruizhi Children Appliances Co., Ltd. There were also quality control problems. In 2017, the local government issued an action plan and established a leadership group to improve product quality. "We brought in experts to review each company in areas such as product design, standards implementation, and quality control," said Zhong. Experts visited 23 factories, found 104 quality problems, and made 56 recommendations. Deng shared how his company responded. "We hired quality experts to analyze our entire production line and invested millions of yuan in intelligent equipment." After upgrading to smart manufacturing, the company's production efficiency and yield rate soared, with daily output now reaching 3,000 units, Deng added. Eight leading companies in Hanchuan have also established in-house testing labs capable of evaluating every detail from fabrics and tubing to screws and finished strollers, solving quality problems before mass production begins, Zhong said. Inspired by the success of early adopters, others followed suit, embracing tech upgrades and innovation. According to Zhong, after the transformations, research and development (R&D) investment in the city's stroller industry has exceeded 100 million yuan. In September 2021, 11 local stroller companies jointly issued new evaluation standards stricter than national benchmarks. Before 2000, the city's stroller industry primarily focused on the domestic market. But a few forward-thinking companies decided to try their luck at the China Import and Export Fair, also known as the Canton Fair, aiming to break into global markets. Hubei Ruizhi Children Appliances Co., Ltd. explores overseas opportunities primarily through trade expos like the Canton Fair, which has become the main gateway for many Hanchuan businesses. Deng noted that approximately 40 percent of his company's products are now sold overseas. According to Zhong, 10 stroller companies from Hanchuan joined the 137th Canton Fair in the first half of this year, occupying 32 booths in the "Toys" and "Maternal & Infant Products" sections – 71 percent of the city's total booths, marking a record high. As Hanchuan's stroller companies go global, they are not just complying with international standards and registering trademarks – they're also designing products tailored to customer needs in different regions. By zeroing in on what global consumers want, Hanchuan's strollers are making waves overseas. In recent years, the city's stroller enterprises have accelerated expansion into countries participating in the Belt and Road Initiative, tapping into markets in Africa, Southeast Asia, and the Middle East.

2025-12-29 王鹤洁 CATTI练笔英-中

Yuan poised for stronger global role

The Chinese yuan is approaching a strategic window to accelerate its ascent as an international reserve currency, as the US dollar's role is increasingly questioned, and support for domestic companies in going global is set to become a higher priority for China, economists and policy advisers said. To translate this opportunity into tangible progress, it is seen as integral to broaden global investors' access to China's capital markets through a more integrated framework, and to significantly raise the capital account liberalization level in a gradual manner to ensure openness as well as stability. "Rising geopolitical uncertainties and growing doubts over the United States' fiscal and trade policies create a rare window of opportunity for the renminbi and other currencies like the euro and the yen to gain greater favor among global investors," said Betty Wang, head of Northeast Asia research at Oxford Economics. Markets have priced in a stronger yuan as investors adjust their allocations amid weakening confidence in the dollar and US interest rate cuts. The onshore renminbi rose to 7.0644 per dollar on Monday, its strongest level since October 2024. Goldman Sachs forecasts that the currency could appreciate to around 6.6 per dollar by 2027. Also accelerating the renminbi's international rise would be the global expansion of Chinese manufacturers, which increases the demand for cross-border renminbi financing and settlement, analysts said. Guo Kai, executive president of the CF40 Institute, said that supporting Chinese companies' overseas expansion has taken on growing strategic importance, as it offers a sustainable and mutually beneficial way for China to manage its trade surplus with the rest of the world. The country's leadership has signaled a more assertive, proactive stance toward renminbi internationalization. Adopted at the fourth plenary session of the 20th Central Committee of the Communist Party of China, the recommendations for formulating the 15th Five-Year Plan (2026-30) called for advancing the internationalization — a fine-tuning from "steadily and prudently" advancing its internationalization set at last year's third plenary session. Pan Gongsheng, governor of the People's Bank of China, the country's central bank, said in October that China will comprehensively enhance the international currency functions of the renminbi, including pricing, payment, investment, financing and reserve. Guan Tao, global chief economist at BOCI China, said that China's pursuit of a currency whose international standing matches its economic influence is "a natural choice", serving the real economy by supporting Belt and Road cooperation and the global expansion of Chinese enterprises. "The renminbi also offers other economies and investors an alternative when the dollar-dominated system is showing rising fragility, helping reduce overreliance on one single currency and bolstering global financial resilience," said Guan. The renminbi is now China's largest cross-border settlement currency and the world's second-most used in trade finance, ranking third in the International Monetary Fund's Special Drawing Rights basket. Despite the progress, overseas investors currently hold only around 3 to 4 percent of onshore stocks and bonds by market value, official data showed. As of the second quarter, the renminbi accounted for 2.12 percent of allocated foreign exchange reserves, far below China's economic weight, according to the IMF. Noting that the acceptance of the currency remains constrained as it is not yet fully convertible under the capital account, which tracks cross-border capital flows, Guan suggested lifting the combined share of items classified as "basically convertible" and "convertible" to more than 80 percent of all capital account transactions by 2030, up from about 60 percent at present. Guan, who served at the State Administration of Foreign Exchange, said that future opening-up steps are likely to maintain a prudent and gradual approach, as capital account liberalization could amplify asset price swings and market distortions if domestic reforms fail to keep pace. Howard Davies, chair of the International Advisory Council of the China Securities Regulatory Commission, said that some degree of risk-taking and letting the renminbi be more convertible would be inevitable if China aims to build a truly international currency. Thomas Helbling, deputy director of the IMF's Asia and Pacific Department, said, "For the greater internationalization of the renminbi, China would need to further open its financial markets and allow easier access for foreign participants to invest in liquid renminbi assets that could serve as reserves for central banks."

2025-12-29 王鹤洁 CATTI练笔英-中

消博会为全球经贸合作注入更多确定性

2025-12-29 王鹤洁财经中-英

Mercury is hard to spot, but you can catch it in the morning sky this month

If there ever was a planet that has gotten a bad rap for its inability to be readily observed it would have to be Mercury, known in some circles as the "elusive planet." Mercury is called an "inferior planet" because its orbit is nearer to the sun than the Earth's. Therefore, it always appears from our vantage point to be in the same general direction as the sun. So near to the sun that it is often difficult to see with the unaided eye. In fact, Copernicus complained that he had never been able to enjoy a view of it, and this was doubtless because he lived at Frombork in northern Poland, near the Vistula River, where the sky near the horizon is often hazy owing to local mists and fog. Nonetheless, during the first three weeks of December we will be presented with an excellent opportunity to view Mercury in the early morning dawn sky. If you've never sighted this rocky little world for yourself, you'll never get a better opportunity than right now to see it. So set your alarm clock for around 5:30 a.m. and head outside to a location with a clear and unobstructed view of the east-southeast sky. On Nov. 20, Mercury was at inferior conjunction with the sun, passing roughly between the sun and our Earth. Four days later on Nov. 24, Mercury passed just one degree north of brilliant Venus, but the pair were only 10 degrees from the sun and rising about 50 minutes before sunrise, shining at a magnitude of +2.4. Mercury was still impossible to see through the brightness of dawn. But only three days later on Thanksgiving Day (Nov. 27), Mercury was rising 75 minutes before the sun and increased by a factor of 3.6 times in brightness to magnitude +1.0. It was then fairly easy to locate, close to the east-southeast horizon about an hour before sunrise. Mercury's visibility continued to improve rapidly and by Friday morning, Dec. 5 it will rise shortly before morning twilight begins — in a dark sky — and will have brightened markedly to magnitude -0.3. Now all you have to do is just look low above the east-southeast horizon from 40 to 80 minutes before sunrise for a bright yellowish-orange "star." An unusually favorable greatest elongation occurs on Sunday, Dec. 7, even though Mercury is only 21 degrees from the sun. At magnitude -0.4 (among the stars only Sirius and Canopus are brighter), it rises in a dark pre-twilight sky about one hour and 50 minutes before the sun. In the 2025 Observer's Handbook of the Royal Astronomical Society of Canada, Alister Ling stresses that this will be the "best morning apparition of 2025 for Northern Hemisphere observers." Mercury, like Venus, appears to go through phases like the moon. On Thanksgiving Day, Mercury was a slender crescent, 20 percent illuminated by the sun. By Dec. 7, it will appear 62 percent illuminated and the amount of its surface illuminated by the sun will continue to increase in the days to come. So, although it will begin to turn back toward the sun's vicinity after Dec. 7, it will brighten a bit more to magnitude -0.5 by Dec. 9, which should help keep it in easy view over the next couple of weeks. Mercury passes 5.5 degrees to the upper left of 1st-magnitude Antares on Dec. 19 but that ruddy star will only shine about one-quarter as bright as Mercury, so you'll probably need binoculars to spot it. Mercury itself will become difficult to see in bright twilight by around Christmas. There are four reasons why Mercury will be so favorably placed for viewing in the morning sky this month: At sunrise in autumn, the ecliptic — the apparent path the sun, moon and planets take across the sky over the course of a year — makes a steeper-than-average angle with the horizon for Northern Hemisphere observers. Since Mercury passed the ascending node of its orbit on November 18th, it is north of the ecliptic through much of December. In addition, its orbital speed is near maximum, since perihelion (its closest point in its orbit to the sun) occurred on Nov. 23. Around the time of inferior conjunction, Mercury is much closer to the Earth, and its angular motion relative to the sun is much greater than around superior conjunction (when it's on the far side of the sun as seen from Earth). In old Roman legends, Mercury was the swift-footed messenger of the gods. The planet is well named for it is the closest planet to the sun and the swiftest of the sun's family, averaging about 30 miles per second; making its yearly journey in only 88 Earth days. Interestingly, the time it takes Mercury to rotate once on its axis is 58.7 days, so that all parts of its surface experiences periods of intense heat and extreme cold. Although its mean distance from the sun is only 36 million miles, Mercury experiences by far the greatest range of temperatures: 790º F (420° C) on its day side; -270º F (-170° C) on its night side. In the pre-Christian era, this planet actually had two names, as it was not realized it could alternately appear on one side of the Sun and then the other. Mercury was called Mercury (Latin Mercurius) when in the evening sky, but was known as Apollo when it appeared in the morning. It is said that Pythagoras, about the fifth century B.C., pointed out that they were one and the same. Joe Rao serves as an instructor and guest lecturer at New York's Hayden Planetarium. He writes about astronomy for Natural History magazine, Sky and Telescope and other publications.

2025-12-29 郭明星航空英-中

Hospitals in multiple regions upgrade medical services to tackle peak influenza season

Medical staff at the Funan County Center for Disease Control and Prevention in Fuyang City, Anhui Province, provide autumn and winter flu vaccinations to young children on October 25, 2025. Photo: VCG As influenza enters its peak season, Beijing Children's Hospital has initiated open-registration outpatient services, extended consultation hours, and provided pre-consultation testing services to address the seasonal surge in patient visits, Beijing Broadcast Television (BRTV) News reported on Thursday. The latest influenza surveillance weekly report released by Chinese Center for Disease Control and Prevention (China CDC) shows that influenza A (H3N2) holds an absolute dominance among the circulating strains, the Xinhua News Agency reported. The number of reported influenza cluster outbreaks in childcare facilities and schools nationwide has shot up, and the positive detection rate of influenza viruses in the 5- 14 age group is higher than in other age groups, the report said. Li Tongzeng, the chief physician of the infection department at Beijing You'an Hospital, told the Global Times on Thursday that for children born after 2020, their exposure to influenza A (H3N2) has been relatively limited as the last wave occurred in 2023, resulting in comparatively weaker immunity against it. The annual influenza vaccine tends to be slightly less effective in preventing influenza A (H3N2) compared to its protection against the other two strains, which may contribute to a higher likelihood of infection, Li added. To cope with peak season, Beijing Children Hospital decided not to limit registration numbers in its internal medicine and fever-and-cough outpatient departments, ensuring round-the-clock medical care, according to BRTV News. In addition, due to increased demand for respiratory pathogen testing, the hospital has extended the operating hours of its throat swab sampling services, the report said. Li Yuchuan, director of the outpatient department of Beijing Children's Hospital, said there has been an increase in children presenting with influenza-like symptoms at the hospital, which aligns with the level of influenza virus activity monitored by CDC. Compared to the same period last year, there has been no significant rise in the number of children seeking treatment for respiratory infections, Li Yuchuan noted. "The vast majority of pediatric flu cases are mild, and effective medications are available for all age groups," explained Yao Yao, deputy chief physician of the respiratory center at Beijing Children's Hospital. Xi'an Children's Hospital in Northwest China's Shaanxi Province has implemented segregated treatment areas for respiratory infection patients and other cases, along with a triage system, local media outlet Shannxi Daily reported. The outpatient and emergency departments are monitoring patient flow in real time and dynamically adjusting doctor schedules to ensure timely treatment while reducing waiting times and cross-infection risks, according to the report. Xi'an People's Hospital and Xi'an Children's Hospital have also launched online consultation services to cope with the influenza season, the report said. According to data from China CDC, influenza activity has surged, with most provinces reaching a medium epidemic level and some a high epidemic level, Xinhua reported. Health authorities in multiple regions have issued influenza safety advisories. The Anhui Provincial CDC said on its official WeChat account on Wednesday that it has developed a flu index based on provincial monitoring data, establishing a tiered flu alert system with corresponding prevention priorities and recommendations. It said that the province is currently at the highest flu activity level, with a significantly higher number of influenza cases than during non-epidemic periods, indicating high flu transmission intensity and a confirmed flu epidemic. The Henan Provincial Health Commission issued a health reminder on its official WeChat account on Monday, stating that according to monitoring data from the provincial CDC, influenza in Central China's Henan remains on the rise recently, noting that this is generally consistent with the national trend and aligns with the pattern of high incidence of respiratory infectious diseases during past winter and spring seasons. With the current high prevalence of respiratory infectious diseases like influenza, the demand for flu medications continues to rise, China National Radio (CNR) reported on Tuesday. Data shows that sales of oseltamivir, a medication for treating and preventing influenza, have increased by 237 percent over the past seven days, while sales of a similar drug baloxavir marboxil have risen by 180 percent, the report said. A pharmacy staff member said that although flu medications have been selling quickly recently, the supply remains sufficient, and there have been no instances of these drugs selling out entirely, according to the report. "Despite the recent increases in demand for oseltamivir and baloxavir marboxil, stock availability remains stable," the staff member added. On some e-commerce platforms, flu medications are also not out of stock and can be ordered, CNR reported. In addition to maintaining personal protective measures, receiving the influenza vaccine is one of the most effective preventive approaches, Li Tongzeng said, adding that it is advisable to complete vaccination before November, as it takes approximately two to four weeks after inoculation for the body to develop adequate protection.

2025-12-28 郭明星时政英-中

ADB raises China 2025 growth forecast on resilient exports, fiscal support

BEIJING, Dec. 10 (Xinhua) -- The Asian Development Bank (ADB) on Wednesday raised its 2025 economic growth forecast for China by 0.1 percentage points, citing resilient exports and continued fiscal stimulus in the world's second-largest economy. As for developing economies in the Asia-Pacific region, the ADB projects in its latest Asian Development Outlook that they will grow 5.1 percent in 2025, up from the 4.8 percent forecast in September. "Asia and the Pacific's solid economic fundamentals are underpinning robust export performance and steady growth, despite a global trade environment clouded by historic levels of uncertainty over the past year," said ADB Chief Economist Albert Park.

2025-12-28 徐葶晗梦 CATTI练笔英-中

Global institutions upbeat about China's economic resilience, growth potential

BEIJING, Dec. 7 (Xinhua) -- As the year 2025 approaches its end, an increasing number of international organizations and financial institutions have successively upgraded their forecasts regarding China's economy. While acknowledging external uncertainties such as geopolitical tensions and trade frictions, these institutions generally believe that China's solid economic fundamentals, sufficient policy tools and structural upgrading will sustain its growth momentum. Financial heavyweight Goldman Sachs released a research report in late November, in which it upgraded its prediction for China's 2025 real GDP growth from 4.9 percent to 5 percent, with even bigger increases forecast for the next two years. China's real export growth is expected to increase by 5 percent to 6 percent annually over the next few years, up from a previous forecast of just 2 percent to 3 percent, as Chinese goods gain global market share, Goldman Sachs researchers wrote in their report. At a key Party plenum in October, the Communist Party of China leadership adopted its recommendations for the formulation of the 15th Five-Year Plan (2026-2030). "It calls for upgrades to traditional industries such as metals, chemicals and textiles, and for growth in emerging industries like new energy," said the report, adding that these goals will get broad-based support from all levels of government, from logistics to financing, helping exports to grow. While keeping its global economic growth forecast stable at 3.2 percent, the Organization for Economic Cooperation and Development (OECD) on Tuesday also revised China's GDP forecast for 2025 from 4.9 percent to 5 percent. This adjustment highlights the OECD's recognition of China as a key stabilizer for global growth. The OECD noted that, China's fiscal policy has been expansionary with the introduction of a number of measures to support incomes and boost consumption, in addition to the trade-in program for cars and household appliances. Multiple foreign institutions have also voiced confidence in China's policy toolkit. Xiong Yi, chief China economist at Deutsche Bank, believes China's intensification of its fiscal policy, including a new policy-based financial instrument worth 500 billion yuan (about 70.67 billion U.S. dollars), is likely to provide strong support for domestic demand in both the fourth quarter and early 2026. Morgan Stanley, in its latest research report, emphasized that China's economy will grow moderately in 2026, supported by targeted policy easing, gradual economic rebalancing and an anti-involution campaign. Domestically, leading financial institutions also echo this optimistic outlook. Zhao Gege, chief macro analyst at Everbright Securities, emphasized China's unique advantages. "The synergy between the super-large-scale market and a strong industrial system provides ample room for growth, with a well-stocked macro policy toolbox." Zhang Wenlang, chief macroeconomist at China International Capital Corporation, noted that China's foreign trade structure is improving, with technological progress reducing trade costs and stabilizing export enterprises' profit margins. Zhou Junzhi, chief macro analyst at China Securities Co., Ltd., said new consumption segments are emerging as new growth engines, with IP trend toys and domestic brands gaining greater market recognition and accelerating their global expansion. Moreover, many global giants have shown their optimism about the prospects of China's economic development and their willingness to commit to long-term cooperation with China. In September, Danfoss opened a major production base in Haiyan County, east China's Zhejiang Province. In October, Medtronic opened its first digital healthcare innovation center in Beijing, while in November, AP Moller-Maersk opened its flagship logistics center in east China's Shanghai with an investment of over 1 billion yuan. Notably, this year's import expo in Shanghai recorded 83.49 billion U.S. dollars in one-year intended deals, up 4.4 percent from the previous edition and hitting a new high. Meanwhile, the 138th Canton Fair in south China's Guangzhou saw more than 310,000 overseas buyers and registered on-site intended export transactions worth a total of 25.65 billion U.S. dollars. Stable operation, solid progress in high-quality development and inherent strengths of strong resilience and great potential -- none of these fundamentals have changed, a spokesperson for the National Bureau of Statistics said, citing the overall performance of China's economy.

2025-12-28 徐葶晗梦 CATTI练笔英-中

China's CPI picks up, PPI stabilizes on demand recovery

Customers select vegetables at a market in Wuhan, central China's Hubei Province, Dec. 10, 2025. China's consumer price index (CPI), a main gauge of inflation, grew at a faster pace in November, driven by rising food prices, official data showed Wednesday. (Photo by Zhao Jun/Xinhua) BEIJING, Dec. 10 (Xinhua) -- China's consumer inflation accelerated at its fastest pace in 21 months in November, while factory-gate prices showed signs of stabilizing, underscoring that a recovery in domestic demand is gaining traction amid government support measures. The consumer price index (CPI), a main gauge of inflation, climbed 0.7 percent year on year in November, quickening from October's rise of 0.2 percent and marking the fastest pace of growth since March 2024, according to the National Bureau of Statistics (NBS). NBS statistician Dong Lijuan attributed the pick-up in CPI growth to rising food prices, which rebounded 0.2 percent in November, compared with a fall of 2.9 percent in October. Prices of fresh vegetables surged 14.5 percent year on year last month, ending a nine-month declining streak. Energy prices slid 3.4 percent from a year earlier, a sharper drop than the previous month, according to the NBS. The country's policies to boost domestic consumption continued to bolster demand, with prices of home appliances and clothing up 4.9 percent and 2 percent year on year, respectively. The core CPI, which excludes food and energy prices, increased by 1.2 percent year on year in November, unchanged from the rise in the previous month. On a monthly basis, the CPI dipped 0.1 percent in November, as prices for hotels, flights and travel agencies cooled after the extended holiday period in October, according to Dong. The average CPI for the first 11 months of this year remained flat compared with the same period of last year. Wednesday's data also revealed that the producer price index (PPI), which measures costs for goods at the factory gate, fell 2.2 percent year on year in November. The decline slightly widened from October's 2.1-percent fall, largely because of a higher comparative basis last year. However, signs of stabilization emerged on a monthly basis. The PPI edged up 0.1 percent from the previous month in November, marking a second straight month of gains as effects of the country's macro policies continued to filter through to the industrial sector. Dong attributed the improvements in specific industries to the government's efforts to manage production capacity and curb disorderly competition, noting that price declines further narrowed in the coal mining, solar equipment and lithium-ion battery sectors, among others. The Chinese authorities noted this week that the country is on track to achieve its main goals for this year's economic and social development. China had targeted GDP growth of around 5 percent for 2025, and its economy expanded 5.2 percent year on year in the first three quarters. During a meeting of the Political Bureau of the Communist Party of China Central Committee held on Monday, attendees agreed that for 2026, China must implement more proactive and effective macro policies, and make policies more forward-looking, targeted and synergistic. It is also imperative to continuously expand domestic demand and improve supply. Looking ahead to 2026, Wen Bin, chief economist at China Minsheng Bank, said that with policies to expand domestic demand and other measures further taking effect, the country is expected to see mild price recovery next year.

2025-12-28 徐葶晗梦 CATTI练笔英-中

现货黄金创历史新高，一公斤黄金价格首破10万美元

【环球网财经综合报道】3月31日，贵金属市场迎来历史性时刻，现货黄金盘中刷新历史新高至3111美元/盎司，以公斤计算（1金衡盎司=31.1035克），一公斤黄金的价格首次超过了10万美元。截至发稿，现货黄金日内涨幅达0.79%，报3108.54美元/盎司，年内累计涨幅已超18%。同时，COMEX黄金期货价格也强势上涨，再度刷新金价历史高位。截至发稿，COMEX期金日内涨超0.85%，现报3140.80美元/盎司，盘中最高触及3130.2美元/盎司，2025年以来涨幅已达18.5%，料创历史最大季度涨幅。在国内市场，中国黄金珠宝品牌周大福、周生生、老庙黄金、六福珠宝的首饰金价格分别为936元/克、935元/克、934元/克、936元/克。部分投资金条（Au999.9）价格接近740元/克。贵金属行情报价服务平台“融通金”上，投资金条价格约734.87元/克。工商银行、建设银行的部分金条价格则分别达到738.45元/克、739.30元/克。上期所沪金期货主力合约早盘走强，一度触及725.52元/克，再创历史新高，截至发稿涨幅为1.12%，今年累计上涨达16.7%。上海黄金交易所现货黄金（Au99.99）最高触及726.9元/克，年内涨幅达到18%。对于黄金未来的走势，多家机构表达了乐观情绪。据新华财经报道，海通证券梁中华团队认为，全球央行购金对黄金价格的影响力在2022年之后有明显提升，目前主要购金国的官方黄金储备水平尚低，未来还有较大的增持空间。在政策不确定性下，黄金的避险属性发挥了更加重要的作用。梁中华表示，当前黄金价格并未明显高估。在乐观情形下，若美国经济面临滞胀压力，各国央行购金将提速，预计全球央行年购金规模可能上升至1300吨/年，通胀预期抬升1%，那么金价中枢或有望突破3800美元/盎司。在中性情形下，若全球央行购金规模回升至前期高位，年购金1200吨，通胀预期仅抬升0.5%，则金价中枢或将稳定在3200美元/盎司左右。中信证券也认为，近期黄金价格再创新高，主要是海外市场衰退交易与关税恐慌交易所致。综合当前基本面和资金面数据，预计年内黄金行情可能仍未结束。二季度至年中，海外市场或持续出现类滞胀交易的主线，并利好黄金表现。同时，关税和地缘冲突对黄金的扰动仍未到终点，在不确定性情绪积聚以及释放以前，上述因素对黄金的驱动难言结束。从资金面看，黄金多头对黄金当前走向的影响程度已经来到历史最高水平，但交投规模以及热度并未达到历史“最拥挤”区间，资金仍有进一步加仓的空间。此外，高盛也看好黄金的未来走势。高盛认为，亚洲大型央行可能在未来3~6年继续快速购金，中国等国的目标黄金储备比例或从目前的8%提高至20~30%。在极端风险情景下，金价可能突破4200美元/盎司，中期价格风险偏向上行。（陈十一）

2025-12-28 徐葶晗梦财经中-英

王毅将赴俄罗斯举行中俄第二十轮战略安全磋商（2025-11-28）

外交部发言人宣布：应俄罗斯联邦安全会议秘书绍伊古邀请，中共中央政治局委员、中央外办主任王毅将于12月1日至2日赴俄罗斯举行中俄第二十轮战略安全磋商。

2025-12-28 肖欣阳 CATTI练笔中-英

本校翻译实践排行榜

李佳佳

20924字

张卜丹

15327字

王晨阳

15062字

高凡越

12372字

王瑜璐

10959字

好课推荐更多

高校专属

高校专属