GDP
gross domestic product 5
Gross domestic product
Gross domestic product
Gross domestic product
Gross domestic product GDP, which we often see in the news, means GDP.
G represents gross /grəʊs/
represents "total, gross", and "gross profit" can be said to be gross profitml5;
D represents domestic /də'mestɪk/
means "domestic, family-owned". Airports are often divided into domestic flights and foreign flights. Domestic flights are domestic flights;
P represents product /'prɒdʌkt/
product 5 means "product". The sum of the value of all domestically produced products is the GDP.
gross national product 5
Gross national product
There is also a concept relative to GDP, which is GNP, which represents the GDP.
One is "domestic" and the other is "national". The difference in word is completely different.
GDP represents the GDP in my country, that is, as long as production activities are carried out on our territory, it is included;
and GNP refers only to the GDP of our country, and the output value brought by foreigners to invest in our country is not included.
year on year
compared with last year, year-on-year
year on year-on-year. It does not mean "year after year". It is often said that year-on-year growth is, and this "year-on-year" is year on year-on-year 5.
China's gross domestic product (GDP) expanded 12.7 percent year on year in the first half of 2021.
2021 In the first half of 2021, my country's GDP increased by 12.7% year on year.
People's livelihood people's wellbeing
The most fundamental purpose of our economy is to improve people's livelihood. The point of people's livelihood demand is the point of economic growth.
people's wellbeing
people's livelihood
wellbeing means happiness and health, people means people, people's life is the people's livelihood. "Improve people's wellbeing.
living standard /'stændəd/
Home level of living
living comes from "life" live, standard means standard and level. "Living Standard" can be said to be living standard, or the standard of living .
The main topics related to people's livelihood include housing, medical care, elderly care, etc.
housing
Housing and living environment
and house are different. housing does not refer to houses one by one, but housing conditions, housing environment, housing policies, etc.
1. Our goal is to improve people's wellbeing and strive for common prosperity.
His goal is to improve people's livelihood and promote common prosperity.
2. The living standard of our people rose significantly.
Home people's living standards have been significantly improved.
Medical Insurance health insurance
health insurance /ɪn'ʃʊər(ə)ns/
Medical Insurance, Medical Insurance
Hedge health is not "health", but "medical", insurance means "insurance" and is an uncountable noun.
old-age insurance
pension insurance
old age means "older, old age". The insurance purchased to protect the basic living needs of the elderly is pension insurance.
pension /'penʃ(ə)n/
n. Pension
pension means pension and retirement. It should be noted that this word is a countable noun. a or the is added before it.
1. Old-age insurance is included in social insurance.
pension insurance is included in social insurance.
2. She lives on a pension.
Her lives on her pension.
expansion
