2017中美经济情况和对比

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1、China'sandtheUSeconomicdevelopmentin2017AbstractU.S.economicgrowthslowedunexpectedlyattheendof2017,providingasharpcontrasttotheTrumpadministration'senthusiastictalkabouttheeconomyandputtingfreshpressureontheRepublicantaxbilltodeliverinaway/ewindependen

2、tanalystssayitcan.TheChineseeconomyexperiencedastonishinggrowthinthelastfewdecadesthatcatapultedthecountrytobecometheworld'ssecondlargesteconomy.In1978—whenChinastartedtheprogramofeconomicreforms—thecountryrankedninthinnominalgrossdomesticproduct(GDP)w

3、ithUSD214billion;35yearslateritjumpeduptosecondplacewithanominalGDPofUSD9.2trillion.KeywordsU・S・economicChinaeconomic1.TheU.S.economicin2017Despitefacingchallengesatthedomesticlevelalongwitharapidlytransforminggloballandscape,theU・S・economyisstillthela

4、rgestandmostimportantintheworld.TheU.S.economyrepresentsabout20%oftotalglobaloutput,andisstilllargerthanthatofChina.Moreover,accordingtotheIMF,theU.S.hasthesixthhighestpercapitaGDP(PPP).TheUSeconomyfeaturesahighly-developedandtechnologically-advancedse

5、rvicessector,whichaccountsforabout80%ofitsoutput.TheU.S.economyisdominatedbyservices-orientedcompaniesinareassuchastechnology,financialservices,healthcareandretail.LargeU.S.corporationsalsoplayamajorroleontheglobalstage,withmorethanafifthofcompaniesont

6、heFortuneGlobal500comingfromtheUnitedStates.TheU.Seconomygotofftoasoftstartin2017,butit'sbeengrowingatareasonablyhealthypacelately.Third-quartergrowthcameinata3.2percentinflation-adjustedannualrate;fourthquartergrowthlookstobesomewherebetween2.5percent

7、and3percent.Theunemploymentratehasfallenfrom4.7percentattheendoflastyearto4Jpercentatlastcount.ThelasttimeitwasthislowBillClintonwaspresident;thatwas17yearsago.TheU・S・hasadded2millionjobsinthepastyear,allofthatintheprivatesectorGovernmentemploymenthasf

8、allenabit.Thegovernmenthasdrawnalotofpeopleintothejobmarket.Inflationislow.Thestockmarkethasrisen19percentoverthepastyear.Interestratesareupbutstilllowbyhistoricalstandards.Bothconsumerspendingandbusinessinvestmentareaccelerating.Whilet