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1、考研英语时文天天读考研英语基础复习之通过时文泛读记单词、练翻译每日一篇lText01JapaneseGDPfiguresraisehopeofrecoveryByBarneyJopsoninTokyoPublished:February1820042:07
2、LastUpdated:February18200419:57TheJapaneseeconomygrewinthepastquarteratitsfastestratesincethe1980sassetbubblebegantosubside,raising
hopesthatthecountryisonthewaytoputtin
3、gmorethanadecadeofstagnationbehindit.Japan'sgrossdomesticproductexpandedatanannualised7percentinthethreemonthstoDecember,withfreshdataon
Wednesdayshowingtherecoveryhasbroaderfoundationsthanexportgrowth.TheimpressiverateofexpansionsurpassedUS
growthof4percentinthesameperiod,andpromptedtheBankofJapa
4、n'sdeputygovernortosaythisyearcouldmarka
turningpointinthebattleagainstdeflation,whichhasdoggedtheeconomysincethelate1990s.Inthepastsixmonths,positiveeconomicfigureshavehelpedbuildconfidenceinthepossibilityofasustainablerecovery.
Corporatebankruptciesfelllastyearforthefirsttimeinfouryears;unemploy
5、mentisatatwo-and-a-halfyearlow;banks
arebringingtheirbadloansundercontrolandconsumerpricesroselatelastyearforthefirsttimesince1998,albeitfor
one-offreasons."GDPisverystrong,"saidMasaakiKanno,economistatJPMorganChaseinTokyo,"andreflectstherecoveryoftheglobal
economyandthestrengthofexports".Salesofd
6、igitalcamerastotheUSandindustrialequipmenttoChinaarebooming,but
equallyimportantisthattheeffectshavebeguntofilterthroughtothedomesticeconomy,withcompaniesincreasingtheir
capitalspendingtoupgradeproductioncapacity.Wednesday'sdatashowedlong-awaitedsignsofarevivalinprivateconsumption,withstablewages,
7、risingbonusesandfalling
unemploymentmakingconsumersmoreconfident.ButMrKannosaidthepastquarter'srateofexpansionwasnotsustainable,
addingthatJapan'sannualtrendgrowthwas3percent.Growthforthe2003calendaryearwas2.7percent.KazumasaIwata,BankofJapandeputygovernor,saidthatifGDPcontinued
toriseatthatpaceJa
8、pancouldbegintoconquerdeflationthisyear."ItispossibleforJapantoovercomedeflationifit
canpostagrowthrateof2-3percentforthesecondconsecutiveyear,"hesaid.Fallingpriceshavehobbledtheeconomyby
crimpingcorporatesalesan