Stock market value tops last year's GDP-英语点津_美文

Stock market value tops last year's GDP-英语点津

Ping An Insurance of China moved closer to the 100-yuan mark after a 7.41 percent growth, closing at 94.45 yuan. Its rival China Life followed with a 2.08 percent rise to 49 yuan.

In the property sector, China Vanke jumped 9.51 percent to 35.34 yuan. Oil also contributed to the rise, with Sinopec increasing 1.81 percent to 15.15 yuan.

Steel shares were also strong, with Baosteel surging 7.03 percent to 16.28 yuan. Shares in Aluminium Corp of China reached 32.65 yuan after rising 5.46 percent.

Shares across the Asia-Pacific region closed mostly higher after another rally on Wall Street overnight eased concerns about the US credit market.

(China Daily 08/10/2007 page 1)

Vocabulary:

blue chips：蓝筹股

Questions:

1. How many percentage points did the Shanghai Composite Index rise?

2. What wasChina's GDP last year?

3. How many consecutive days did the number of new daily A-share opening accounts surpass the 100,000 mark?

Answers:

1. 1.95.

2. 21.087 trillion yuan.

3. 10 days.

About the broadcaster:

Matt Doran is an award-winning American newspaper journalist and an undergraduate student at Albion College. He is currently a polisher for China Daily Website and is on summer break from Beijing Foreign Studies University, where he will resume his study of Chinese in the fall.