M

买方市场 buyer's market

卖方市场 seller's market

卖出回购证券 matched sale of repo

贸易差额 trade balance

民间信用 non-institutionalized credit

免二减三 exemption of income tax for the first two years ofmaking profit and 50% tax reduction for thefollowing three years

明补 explicit subsidy

明亏 explicit loss

名牌产品 brand products

母国（请见“东道国”） home country

N

内部控制 internal control

内部审计 internal audit

内地与香港 the mainland and Hong Kong

内债 domestic debt

扭亏为盈 to turn a loss-making enterprise into a profitable one

扭曲金融分配 distorted allocation of financial resources

农副产品采购支出 outlays for agricultural procurement

农村信用社 rural credit cooperatives（RCCs）

P

泡沫效应 bubble effect

泡沫经济 bubble economy

培育新的经济增长点 to tap new sources of economic growth

片面追求发展速度 excessive pursuit of growth

平衡发展 balanced development

瓶颈制约 bottleneck（constraints）

平稳回升 steady recovery

铺底流动资金 initial（start-up）working capital

普遍回升 broad-based recovery

配套改革 concomitant（supporting）reforms

配套人民币资金 local currency funding of…