林超伦实战口译 Unit1-6
单元1 中英论坛讲话11-00:43
It is a real pleasure to be here to open the third meeting of our forum and to be welcoming such a distinguished and influential group of people from both our countries, many of whom are now old friends. The forum aims to represent the strength of the relationship between our two countries outside the political relationship and looking round today it is clear that the relationship is very strong indeed.
我很高兴地宣布我们论坛的第三次会议正式开幕,并在这里欢迎来自我们两国高层的、具有影响力的代表们。我们中的很多人都已经是老朋友了。论坛是为了体现我们两国这间关系的力量——在政治关系之外的力量。环视今日会场，显然，我们的关系非常坚固。
It is a sign for me that the forum goes from strength to strength and I believe it is playing a key role in the relations between our two countries as confirmed by the Prime Minister in our call on him this morning. This year, we have taken the theme "The Challenge of Globalization" for our meetings and discussions. This theme has a particular resonance for me.
这是一个迹象，表明我们的论坛越来越强大。我相信，论坛在我们两国关系中扮演着一个关键的角色。今早，首相在我们拜访他时就确认了这一点。今年，我们选择的主题是“全球化的挑战”，我们将就此进行会谈和讨论。对于这个主题，我尤其有感触。
On 11th September, I, along with a number of world statesmen, was in Beijing to discuss China and the World in the 21st Century. None of us could possibly have known as we debated economic development, environmental change and security issues what was going to happen that day. But many of the speakers warned of the fragility of the world order. It made me realize more clearly than at any other time just how very important "understanding" between the nations of the world is.
9月11号那天，我正在与一些国际政治家们在北京讨论中国与21世纪的世界。我们当中谁也没有想到，就在我们辩论经济发展、环境改变和安全问题的时候，那天将要发生什么事情。但是，很多发言人都警告说，世界秩序很脆弱。这使我比以往任何时候都更加清楚地认识到国家之间相互理解的重要性。
Our Forum, and the discussions we will have in the next day and a half, are part of this vital process of understanding. Globalization is a challenge for all of us, both developed and developing countries and we have a lot to share and learn. As globalization increases and as all our countries come to terms with the global reach of many industries, we can, as different nations, work together to understand the issues and effects these developments bring.
我们的论坛，以及今后一天半内的讨论，就是这种关键的相互理解过程中的组成部分。全球化对我们大家都是一个挑战，无论是发达国家还是发展中国家都一样。我们有很多需要分享和学习之处。随着全球化的发展，各国都在接受很多行业都已经跨国经营的现实。作为不同的国家，我们可以相互合作，认识这些问题以及这些发展带来的影响。
These opportunities can only be grasped by people. People talking, travelling, exchanging ideas and experiences. And that is what we are here today to do. Our discussions here will centre around a number of very interesting issues: trade and the environment in the globalization of the economy, Chinese culture facing the world, e-learning and e-commerce, balancing public purposes and commercial interests in the media, and China after WTO to name but a few.
这些机遇必须由人来把握：人们之间互相交谈、旅行、交流看法和经验。这正是我们今天要做的事情。我们这里的讨论将集中于几个很有意思的问题。经济全球化过程中的贸易与环境、面向世界的中国文化、电子学习、电子商务、在媒体的公共责任和商业利益之间保持平衡、中国入世之后等等。
As far as I can see, joining the WTO presents a huge challenge for China. The requirements of joining WTO for corporate governance, for transparency and for reliable and enforceable laws, whilst producing some pain in the short term, will no doubt be part of the way in which economic growth can be encouraged and sustained. I personally am much looking forward to my own involvement in the discussions on small and medium sized enterprises.
在我看来，加入世贸组织对中国是个巨大的挑战。世贸组织的要求包括公司行为准则，透明度，以及可靠的、可执行的法律。这些东西短期内可能带来痛苦，但无疑是鼓励经济增长、实现持续发展的必经之路。我非常期待参与关于中小企业发展的讨论。
China's decision to embrace the dynamism of the private sector brings up the role small firms can play in achieving rapid growth and innovation. They are, and can be, a significant engine for economic development. So we have much work to do in our forum. We want to show our Chinese friends how much of a partner the UK can be but also that as a sign of a mature and true relationship, we can afford to be frank and open in our discussions with one another.
中国决定利用私营领域的活力。这就提出了小企业在取得高速发展和创新方面的作用。小企业是——也可以是——经济发展的重要动力。所以，我们的论坛有很多工作要做。我们要向中国朋友显示，英国是中国强有力的伙伴。另外，作为我们之间关系成熟、真诚的表现，我们能够开诚布公地相互讨论。
This will be particularly true in the sessions on issues of competitiveness and corporate governance that will be held tomorrow. We are building on discussions and relationships that are already well founded and I believe that this forum will take the special role that our meeting plays in the relations between our two countries further forward.
这在有关竞争力和公司行为准则——这些将于明天讨论——的话题中尤其如此。我们是在具有良好基础的讨论和关系上更上一层楼。我相信，这个论坛将把我们的会谈在两国关系中的特别作用向前推进。
单元2 中英论坛讲话2 1-05:43
我们同英国朋友再次聚首在美丽的泰晤士河畔，召开我们的第三次大会。我谨代表参加此次会议的中方代表，感谢英方的盛情邀请和精心安排。自去年的大会以来，中国又发生了很大变化。
We are meeting our British friends once again by the beautiful River Thames, for our third conference. On behalf of the Chinese delegates, I'd like to thank our British colleagues for your invitation and your excellent programme. Since last year's conference, China has undergone yet more changes.
尽管当前国际经济形势并不理想，但是中国的经济仍然保持了较高的增长速度。前9个月工业增长10.3% ，农村经济仍然繁荣。还有一个方面使中国人民高兴：外资企业仍然大量到中国寻求发展。
Although the world economy isn't doing well, the Chinese economy has continued to grow at a relatively high rate. In the first 9 months, industrial output grew by 10.3%. The rural economy continues to prosper. There is something else that the Chinese people are happy about. Foreign companies continue to come to China in large numbers.
今年1至9月，新批准外商直接投资项目18,580个，直接投资493.47亿美元，实际使用322亿美元，比去年增长20.66%。今年前3季度，中国经济增长率达到7.6%。
From January to September, 18,580 foreign direct investment projects were approved, with direct investment worth 49.347 billion dollars, of which 32.2 billion dollars has been utilized. This is an increase of 20.66% on last year. In the first 3 quarters of this year, the Chinese economy grew at a rate of 7.6%.
立足于促进、提高国内市场需要，是保证中国经济持续、快速、健康发展的关键。加入WTO以后，中国将更严格地遵循国际通行的市场规则，进一步对外开放。
Increasing domestic demand is the key to maintaining high growth and a healthy economy. After WTO entry, China will bring its own practices in line with the international market and will open up further.
我们相信，一个13亿人口的大市场，会为拉动世界经济发展提供可观的动力。中国还要大规模开展基础设施的建设，改造和提升工业企业的装备水平，还要提高农业的生产和加工能力。
We believe that a market as big as 1.3 billion people will provide substantial impetus to the world economy. China will continue its large-scale infrastructure programme, upgrade its industrial equipment and improve agricultural production as well as its processing capability.
这都需要在国际合作的环境中才能实现。今后10年，中国大约还要进口价值3万亿美元的设备、技术和产品。这意味着巨大的市场和商机。中国入世以后，国内弱势产业将面临严重挑战。
All of the above requires an environment of international cooperation. In the next 10 years, China will import about 3,000 billion dollars of equipment, technology and products. That is a massive market with huge commercial opportunities. After WTO entry, weaker industries in China will face serious challenges.
在环境、能源、水资源以及经济体制改革、开发大西北、缩小贫富差距等方面，还存在许多需要解决的问题。中国已敞开大门，张开双手，欢迎包括英国在内的世界各国继续参与互利合作。中英合作伙伴关系的发展，需要两国保持健康、稳定的政治关系。
There are still many problems to be solved in environment, in energy, in water resources, in the reform of the economic system, in the development of the northwest, and in reducing the gap between the rich and the poor. China has thrown its door wide open, and reached out with open arms, welcoming UK as well as other countries in the world to continue to cooperate for our mutual benefit. The development of a partnership between China and the UK requires a healthy and stable political relationship between the two countries.
不断扩大的经贸和各领域的合作关系，又有助于推动两国政治关系的发展。这符合两国人民的利益。希望我们出席这次大会的所有朋友合作努力，共同为推动中英友好合作关系的全面发展，不断做出新的贡献。
Expanding economic and trade cooperation and cooperation in other fields are conducive to the development of a bilateral political relationship. It is beneficial to the interests of our two peoples. I hope all our friends at this conference will make joint efforts, to continue to contribute to the comprehensive development of the Sino-UK relationship.
单元3 英中30年讲话(英音) 1-10：08
In the space of a single generation, relations between the United Kingdom and the People's Republic of China have been transformed. Government-to-government and business-to-business links are closer and more varied than ever before. But the most exciting changes have been in the links between the British and Chinese peoples. Chinese communities have long existed as a respected and cherished presence in British cities.
在短短一代人的时间内，英国和中华人民共和国之间的关系已经发生了彻底的变化。政府之间、商界之间的关系从未像如今这样紧密、多样。但是，最令人兴奋的变化当属英中两国人民之间的联系。华人社区在英国城市中长久以来都受到尊重和珍视。
But today, more and more British people are visiting China to see for themselves the new dynamism of great cities like Beijing, Shanghai and Guangzhou. We are re-discovering China's incomparably rich cultural heritage, as well as its immense economic potential. The Chinese are re-discovering Britain, too. We are delighted to welcome more Chinese visitors to our country each year. Many more Chinese are finding out about Britain through modern media like television and the Internet.
但是今天，越来越多的英国人访问中国，亲眼目睹像北京、上海、广州这样的大城市的新活力。我们正在重新发现中国无与伦比、丰富多彩的文化遗产以及她巨大的经济潜力。中国人也正在重新发现英国。我们每年都很高兴地欢迎越来越多的中国客人来访。通过电视和因特网这样的现代媒体了解英国的中国人大大增加。
Indeed, there are more Chinese people learning the English language than there are native speakers of English in the world today. This growing relationship is measurable, too, in financial terms. British firms now have a huge presence in China, a sign of their confidence in the country and its future. The UK is the largest European investor, and a British company, BP, is investing more capital in China than any other foreign firm. The largest foreign manufacturing investment in Western China is also British.
毫不夸张地说，当今世界上学习英语的中国人已经超过了以英语为母语的人了。这种关系的发展也可以从经济角度来衡量。英国公司现在在中国有很大的规模。这表明他们对中国及其未来的信心。英国是欧洲在华的最大投资国。英国的BP公司在中国的投资超过了其他任何外国公司。中国西部最大的外国制造业投资也来自英国。
The UK is China's second largest European trading partner. British exports to China last year, at ￡3.72 billion were up 17% on the year 2000. China's exports to Britain are at an all-time high. Many Chinese enterprises now regard Britain's flexible and open economy has an ideal launching pad into the wider European market. All this is a far cry from 1972, when the UK and the PRC first exchanged Ambassadors. Then, there were virtually no Chinese students in Britain. Today, there are over 20,000--one of the largest overseas communities at our universities.
英国是中国在欧洲的第二大贸易伙伴。去年英国对华出口额达37.2亿英镑，比2000年增长17%。中国对英国的出口达创记录水平。许多中国企业现在把英国灵活、开放的经济看作进军更大的欧洲市场的理想跳板。这一切与1972年英中两国首次互换大使时的情景大不相同。当时，英国几乎没有中国学生，而今天有两万多，是英国大学中人数最多的海外群体。
Then, there were no direct air services between Beijing and London. This year, more than a quarter of a million British tourists will travel to China. Then, no serving British Prime Minister or Foreign Secretary had ever visited China. Last year, there were visits from eleven British ministers. The changing nature of international relations requires governments to work ever more closely together for their mutual benefit. In the globalised world economy, the security and prosperity of individual countries often depends on events beyond our borders.
1972年，北京和伦敦之间没有直接通航。而今年，将有25万多名英国游客前往中国。1972年，在位的英国首相或外相中没有人访问过中国。而去年，英国有11位大臣及部长到访中国。国际事务性质的变化，要求政府之间出于相互利益而更加紧密地合作。在全球化的经济中，每个国家的安全和繁荣经常受制于国界之外发生的事件。
We are interdependent as well as independent. Challenges such as fighting environmental damage, ensuring global human rights are properly observed, removing barriers to trade and investments, and reducing poverty, have become truly global issues. They loom larger on the agendas of multilateral organizations like the UN, the WTO and ASEM. In the 21st century, bilateral relations between countries will depend on progress on issues like these.
我们既相互独立，又相互依赖。对付环境破坏，确保全球人权得到应有的尊重，撤除贸易和投资的障碍，减少贫困，这些挑战都已经成为名副其实的全球问题。在联合国、世界贸易组织和亚欧会议这样的多边组织的日程上，这些问题显得越来越严重。在21世纪，国家之间的双边关系将取决于在这些问题上取得的进展。
As two of the five permanent members of the UN Security Council, our governments work together on a daily basis on problems affecting every corner of the world. Another change in the relationship between Britain and China has been developments in Hong Kong. I am delighted that Hong Kong has prospered since 1997, and that "On Country, Two Systems" is proving such an effective approach.
作为联合国安理会常任理事国五位成员中的两位，我们双方政府每天都在相互合作，处理影响到世界各地的问题。英中两国关系的另一变化是香港问题的发展。令我感到高兴的是，香港自从1997年回归以来，继续保持繁荣，证明了“一国两制”是非常有效的做法。
As a signatory of the Joint Declaration, the UK has an abiding interest in the continued well-being of the Special Administrative Region. But this is only a part of our wider commitment to China. We are increasing the resources we allocate through our Department for International Development to poverty reduction in China from ￡25m this year to ￡60m by 2004.
作为《联合声明》的签约国，英国对香港特别行政区保持良好状况具有长期的兴趣。但这只是我们对中国更广泛承诺的一部分。我们通过国际发展部，把用于中国扶贫项目的拨款资金从今年的2500万英镑，增加到2004年的6000万英镑。
单元4 中国经济介绍 1-16：00
当前我国经济发展势头良好，经济增长的内在机制不断增强，基本做到了速度、质量和效益的统一。但是我们也要清醒地看到，世界上还没有一个国家的经济发展长盛不衰，永远保持高速度。中国也不可能例外。
Our economy is doing really well. The internal mechanism for economic growth has been strengthened. We have, to a large extent, struck the right balance between speed, quality and economic benefit. But it is also clear to us that there are no countries in the world that can perpetuate an economic boom and high-speed growth. China won't be an exception.
改革开放取得的成就是有目共睹的，但是，随着经济形势的变化，又出现了一些新的矛盾和问题。比如，国企改革问题、大量失业和待业问题、两极分化问题、腐败问题、金融风险问题、生态环境破坏问题等。这些问题都需要我们高度重视，尽快找到有效的解决办法。
The achievements of the reform have been there for all to see. But, as the economic climate changes, there are now new problems. These include the reform of the state-owned enterprises, substantial unemployment, the polarization of income, corruption, risks in the financial sector and ecological and environmental damage. All of them require our immediate attention and effective solutions in the shortest time possible.
我个人认为，当前中国经济发展需要注意以下几个方面：一是加强房地产投资引导，运用经济、法律手段，约束高档商品房的盲目发展，促进经济适用房建设。二是做好国际国内经济形势的跟踪监测，及时制定应对方案。
Personally, I believe China needs to pay attention to the following areas. One, we must provide guidance more forcefully using economic and legal means in the property development market, restrict blind development in up-market properties, and to promote the construction of economical and practical properties. Two, we must monitor international as well as domestic economic development closely so as to be able to respond quickly.
三是加强对汽车和钢材等行业的宏观监控，禁止低水平重复建设和无序竞争。既要及早制止某些行业过热倾向的进一步蔓延，又要鼓励经济增长中的合理因素。这里需要解决的是如何掌握分寸的问题。
Three, we must strengthen the regulation of the automobile and steel industries, reigning in low-grade repetitive construction and disorderly competition. We need to stop overheating in some sectors from spreading while at the same time encouraging rational elements in our economic growth. This is an issue of maintaining the right balance.
既要调控和引导一些行业中出现的投资增长过快的倾向，又要采取措施解决部分生产要素供需矛盾加剧的问题。四是多方采取措施，解决部分地区电力供应紧张问题。要切实加强水资源管理，缓解部分地区的缺水局面，同时加快城市和农业用水价格的改革进度。
Whilst we need to regulate the overheating of investment in some sectors, we need to take measures to solve the problem of supply falling further behind demand in others. Four, we need to coordinate our efforts to solve the problem of severe shortages of power supply in some regions. We must improve the management of water resources and seek to reduce water shortages in some regions. At the same time, we must accelerate the reform of water pricing in cities and rural areas.
五是要在当前和今后一个时期，继续深入开展廉政建设和反腐败工作。我们要从国务院开始，建设规范的行为机制，以保证政府运转协调、公正透明、廉洁高效。这些措施显示出中国领导层力求在各个层面上扫清路障，为经济增长开辟顺畅的通道的决心。
Five, we must continue our campaign to have a corruption free government. We are starting with the State Council, to set an example of conduct, to ensure that our government is well co-coordinated, fair and transparent, uncorrupted and highly efficient. These measures demonstrate our determination to clear the road ahead, the road to economic growth.
目前我国还很穷，按官方规定年人均收入600元以下为贫困线来计算，我国还有2000多万人没有脱贫。这是中国的标准。如果按联合国的贫困线每人每天1美元标准来计算，我国未脱贫的有一亿多人。
China is still poor. Based on the official poverty threshold of 600 yuan, we still have over 20 million people living in poverty. That's using China's criteria. Based on the UN's threshold of one dollar per person per day, we have over 100 million people living in poverty.
我国各种债务总数大约有13.3万亿人民币。相当于一年的国内生产总值的1.3倍多。这是一种非同小可的财政负重。另外，如何应对入世带来的挑战也是一项艰巨的任务。中国的金融改革必须加快步伐，加大力度，做好迎接国际金融竞争的准备。总体来说，我对中国经济达到年增长超过7%的目标持乐观态度。
China's total debt is about 13,000 billion yuan, the equivalent of 1.3 times of our GDP. This is a considerable burden. On the other hand, challenges brought by our WTO entry are also difficult tasks. The financial reform in China must speed up to be ready for international competition. On the whole, I'm optimistic about China achieving over 7% growth a year.
单元5 新车推出仪式(美音) 1-20:26
Good morning everybody. And welcome to the launch of our new L50, and to this presentation. In a way, launch is no longer the correct word. Many of you have already had a chance to get to know the new car in your test drive this morning. So, I will not dwell on the technical capabilities of thsi car. What I would like to do is to share with you the thoughts that have gone into developing this new model so that you'll have a better idea of why it's such an exciting car to drive.
早上好。欢迎参加L50的推出仪式，欢迎参加这场推介会。从某种意义上说，“推出”这个词已经不合适了。你们很多人今天早上在试车时，都已经对新车有了了解。所以，我不会喋喋不休地谈论这款车的技术性能。我是想与大家一起分享一下这款新车设计过程中的一些思路。这样你们就能更加清楚地知道，为什么这款车开起来是如此令人兴奋了。
I will also talk a bit about what has been happening in our company--the direction we are heading, our strategy, and our ambitions. After that, I'll talk about some of the major stages in our design and development of this model. After this presentation, we'll have lunch, which is served in the main conference hall. Our chef has promised a few surprises. I'm as curious as you are about what these might be. But, back to the presentation.
我还要谈谈我们公司内的发展：我们的前进方向，我们的战略，我们的雄心。然后，我要谈谈这款新车设计与开发过程中的一些主要阶段。推介会之后，我们吃午饭，午饭在大会厅内。我们的厨师跟我拍胸脯，说准备了一些你们想不到的东西。我和你们一样好奇，不知这些东西会是什么。好，继续我们的推介会。
Our new L50 is the first in a family of new cars to be launched this year and in the next couple of years. It is the result of the most ambitious investment in our company's history--￡125 million, in design and development, in production capabilities, in sales network and in our own people. The investment is based on our understanding of the market and our goal for the future. So what are they then?
我们的新款L50只是个开端，今年以及今后一两年中，我们还将陆续推出一整个系列的新车。这是我们有史以来最大的一个投资项目的成果。我们把1.25亿英镑投资于设计和开发、生产能力、销售网络和我们的员工。投资的基础是我们对市场的了解，以及我们今年的目标。那么，这些目标是什么呢？
We want to sell 800,000 cars a year for the next 5 years. So far this year, we've already sold 560,000, and congratulations to those of you that have contributed to this success. This represents nearly 20% increase over the previous year at a time when the market has declined by nearly 10%. Much of the increased sales have come from the commitment and dedication of our dealers and our staff. Thank you and well done.
我们今后五年的销售目标是每年80万辆车。今年到目前为止，我们已经销售了56万辆。祝贺你们为这项成就所作的贡献。这个数字相当于比去年增加了将近20%。而同期市场下跌了将近10%。销售增长中的大部分来自于代销商和我们员工的全心投入和勤奋。感谢大家，干得真漂亮。
The launch of this L50 will mark the beginning of a series of launches, giving us a full range of new cars, 3-door, 5-door, estate, diesel, and from 1 liter all the way up to our luxury 2 liter saloons. A convertible and a 4-wheel drive are also in the final design stage. With this new family, we'll be able to compete robustly with any competitor in US, and will be able to take on the EU market too. But products alone are not enough.
L50的推出标志着新车家族系列推出的开始。这将给我们带来全套新车，3门车、5门车、连箱车，柴油车、小到一公斤、大到两公斤的豪华车，应有尽有。敞篷车和四轮驱动车也已经进入设计的最后阶段。有了这个新车家族，我们就可以与任何美国厂家进行有力竞争，一比高低，而且可以进军欧洲市场。但是光有产品还不行。
We've put substantial amount of money and effort into upgrading our retail operation, into our dealer network and into our own sales force. This is built on our in-depth knowledge of our customers, what they want and what they need. It is based on the strength of our brand. If you visit one of our re-branded showrooms, you'll get a strong impression of our brand and what we stand for. We are taking market shares from our competitors. We are on target to take even more.
我们还花费了大量的资金和力气，改进我们的零售业务、我们的代销商网络和我们的销售队伍。我们的起点是我们对顾客的深入了解：他们想要什么？他们需要什么？我们的基础是我们品牌的力量。如果参观一下品牌重新标志的展厅，就会对我们的品牌和我们的价值观留下很深刻的印象。我们正在从竞争对手那里夺来市场份额。我们正在依照目标去夺得更多的市场份额。
We believe that the most effective way of getting more customers and growing our business is by new cars. Not just any new cars. It has to be new cars that re-enforce our brand value. Having test driven the L50, I'm sure you will all agree with me that the new L50 is exactly that--an embodiment of performance, safety, and functionality. These are the core elements of our brand value. These are the features that have caught the attention of media across Europe. These will be repeated in each and every new member of the family.
我们认为，获得更多顾客和发展业务的最有效的方法就是新车。但不是任何新车，而是那些可以加强我们品牌价值的新车。在试开过L50之后，我敢肯定你们大家都同意，这款新L50正是如此。它充分体现了性、安全、功能这些我们品牌的核心组成部分。这些品质吸引了欧洲各地媒体的注意，而且将在所有新车家族成员身上体现出来。
That's all I'd like to say at this stage. My colleagues will now take you through some of te highlights in the design and development. This is a short video we produced just before this launch. It is meant to answer some questions .What is the thinking behind this development? How do we translate concepts into a new model? How does our core value influence the thinking of people on the factory floor and in showrooms? Ladies and gentlemen, the new L50.
我就讲到这里。我的同事们将向各位介绍一些设计和开发过程中的小高潮。这是一部简短的录像，是这次推出仪式前刚刚录制的，旨在回答几个问题：这次开发背后的考虑是什么？如何把概念转化成新车型？我们的核心价值是如何影响工厂工人和销售员的？女士们、先生们，我们的新L50。
单元6 中国金融介绍 1-24:42
今天，我想就中国的金融体制改革，谈谈几点建议。中国金融改革在“九五”期间已经取得了巨大成就，但是需要做的事情还很多。由于时间关系，我在这里不求全面，只想提出几个我感触比较深的想法，供大家参考。
Today, I'd like to talk about the financial reform in China. China has achieved a great deal in the Ninth Five-Year Plan, but we still have a lot to do. Given that time is short, I won't try to cover everything, but to put forward a few ideas that I feel quite strongly about, some food for thought.
加入WTO的过渡期充期量只有两年多。中国必须在这短短的时间内，完成迎接外资进入中国金融市场的战略安排，完成对国有独资商业银行的体制改革，推动符合条件的商业银行上市，在金融全球化的潮流中激流勇进。
After WTO entry, the transition period is not much more than 2 years. China, within this short time, must complete its strategic set-up in preparation for the entry of foreign competitors. We must complete the reform of the wholly state-owned commercial banks, and help qualified commercial banks to seek listings in the stock market. We need to ride the wave of financial globalization.
我认为，“十五”期间，中国必然将几大国有的独资商业银行重组为更多数量的股份制商业银行，由中国人民银行继续担任中央银行的角色。应该开始考虑允许建立省级银行。各行实行独立的法人制度。
In my view, during the Tenth Five-Year Plan, China must break up the handful of wholly state-owned commercial banks into a greater number of share-owned commercial banks. The People's Bank of China will remain the central bank. We should begin to consider allowing the establishment of provincial level banks. Each bank will be an independent legal person.
中国必须进一步完善商业银行内部的结构改革。我尤其希望要加强银行经理人员的培训，提高他们的素质。这里我建议，参照发达国家银行业的培训方法，为我国造就一批知己知彼、了解竞争对手的人才。
China must improve the structural reform of its commercial banks. I particularly want to see better training for managers and improvement in their skills. I would suggest here that we learn from banks in developed countries and produce a generation of Chinese managers that know themselves and their competitors equally well.
我建议尽早开始综合经营的试点。允许试点金融机构开展国外商业银行普遍参与的业务，提供更加全面的客户服务。试点的挑选必须是近年来业绩显著、实力雄厚、体制改革成功的银行。
I recommend early piloting of comprehensive services, allowing pilot financial institutions to operate in areas common among foreign commercial banks, to offer a wide range of services to customers. The selection of pilot banks must be based on their performance in recent years, their strength, and their success in the financial reform.
新业务可以包括按照市场供需原则开发、推出新的贷款品种，以满足经济发展和社会发展的需要。近年来，在抵押贷款方面的尝试就是一个很好的成功例子。另外，发达国家银行提供保险和个人投资服务的做法，也很值得借鉴。
The new business areas may include the launch of new loan products, according to the market principle of supply and demand, so as to meet the requirements of economic and social development. Mortgages over recent years are an excellent example. In addition, banks in developed countries offer insurance and personal investment services. That's also worth considering.
与此相关，中国必须尽快建立起贷款利率的市场机制，让商业银行参照中央银行的基本利率，根据市场动作需要和自身利益确定各自的浮动利率。这不仅是个银行改革问题，还将大大改善银行业对消费者的服务，刺激经济发展。
Linked to this, China must establish the market mechanism for interest on loans as soon as possible, to allow commercial banks to decide on their own floating interest rates by taking into account the base rate from the central bank, and their own operations in the market as well as their own interests. This is not just an issue of banking reform. It will greatly improve the services banks offer to consumers, stimulating economic growth.
我们必须理顺监管体制。监管机关必须既拥有监管混业经营的能力，又能够根据不同对象的性质分别对待和处理，也就是说必须区别对待不同类型的商业银行。我认为，目前情况下，国有独资商业银行尚不具备混业经营的条件。
We must rationalize our regulatory system. The regulator must have the capacity to regulate comprehensive services. It must also be able to recognize the nature of business of each bank and treat them accordingly. That is to say, the regulator must be able to treat different commercial banks differently. Under the current circumstances, I don't think the wholly state-owned commercial banks are ready for comprehensive services.
