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…

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