The size of the Chinese economy is likely to climb, in world rankings, from its current position as the sixth largest to the second largest by 2030, said economists with global investment bank Lehman Brothers.
With its gross domestic product (GDP) growing at an annual rate of 6 per cent, China will come in after the United States to secure the second place spot, the economists said.
Such an economy stands to offer exciting business and capital market opportunities to foreigners over the next 10 years or so, said Robert Subbaraman, a Lehman Brothers senior economist who is the co-author of a newly released comprehensive report on China s economic, political, social and foreign policy prospects over the next 10 years.
At a press conference last week in Beijing, Subbaraman and his colleagues offered detailed explanations of their forecasts regarding the impact of the country s accession to the World Trade Organization (WTO), growth opportunities and how to do business in China.
Notes
size n.considerable extent, amount, or dimensions大量：可观的范围、数量或大小
例：a debt of enormous size.
巨额债务
climb vi.to rise slowly, steadily, or effortfully. ascend.See Synonyms at rise上升：缓慢地、稳当地或努力地升起
in world rankings按世界排名
current position目前位置
the sixth largest第六大
Lehman Brothers雷曼兄弟（投资银行）
gross domestic product (GDP)国内生产总值
at an annual rate of 6 per cent按6%年增长率
secure vt.to get possession of. acquire获得…财产；取得
stand vi.to be in a position of possible gain or loss处于一种可能得到或失去的状态：
例：She stands to make a fortune.
他立在命运的路口
co-author n.合著者
prospect n.financial expectations, especially of success展望：经济上的期望，尤指对于成功的
a press conference记者招待会
impact n.the effect of one thing on another影响：一个事物对另一个事物的影响
accession n.进入；接收
World Trade Organization (WTO)世界贸易组织