保八 Eight Percent Protection
[ 2009-03-11 09:22 ]
A popular term to describe the central government's drive to achieve an 8 percent growth rate of the gross domestic product (GDP) this year.
China has maintained a nearly 10 percent GDP growth rate over the past three decades since reform and opening-up. The fast-growing economy is now at risk of an abrupt slowdown or downturn due to the global economic crisis.
Its 8 percent economic growth is considered necessary to maintain social stability and provide jobs for tens of millions of new laborers swarming into the country's crowded job market every year.
（实习生 许雅宁 编辑）
扩大内需 propel/expand domestic demand
下岗再就业 Re-employment after being laid off
登记失业率 registered unemployment rate