While English is the lingua franca of the world, currently, monolingual people who only know English do miss a lot of what goes on. Especially, when the linguistic diversity of newest Americans is so great. The millions of immigrant children that enrich US national linguistic reservoir prove that fact. Among them, the vast majority is Chinese speaking people. Besides, right now China is on the rise. That’s why one can expect that interest in the Chinese language will be constantly growing.
Here’s a list of business Chinese terms for New Yorkers:
1) 福利制度 (fu2li4 zhi4du4) – the welfare system
Definition: A program that provides assistance to needy individuals and families.
Meaning: The welfare system in the USA is very often misused.
2) 通货膨胀 (tong1huo4 peng2zhang4) – inflation
Definition: A rise in the general level of prices of goods and services in an economy over a period of time.
Meaning: The new government’s prime task is to reduce the level of inflation.
3) 技术交流 (ji4shu4 jiao1liu2) – technology exchange
Definition: The flow of technological know-how and technological services in and out of a country.
Meaning: The technicians and experts of both parties should hold meetings from time to time for technology exchange.
4) 经济停滞 (jing1ji4 ting2zhi4) – economic stagnation
Definition: A prolonged period of slow economic growth (traditionally measured in terms of GDP growth).
Meaning: The country has entered a period of stagnation.
5) 经济指标 (jing1ji4 zhi3biao1) – economic index
Definition: A statistical indicator that tracks economic health from different perspectives.
Example: 本文运用了一系列简单的经济指 标以阐明工程技术的作用。
Meaning: The paper uses a number of simple economic indices to elucidate the role of engineering.
6) 经济衰退 (jing1ji4 shuai1tui4) – economic recession
Definition: A business cycle contraction, a general slowdown in economic activity over a period of time.
Meaning: The economic recession has finally finished.
7) 经济合作 (jing1ji4 he2zuo4) – economic cooperation
Definition: Voluntarily arrangement in which two or more entities engage in a mutually beneficial exchange instead of competing.
Meaning: The EU is a major economic partner of Russia.