Question

1. Find the 4 errors and correct the wrong ones in the following text.

CHINA IS TURNING INTO A CONSUMPTION ECONOMY

Consumption expenditures in China have fallen for almost a decade after the country’s entry into the WTO. No wonder, the average disposable income has fallen in that period as well. In fact, for most of the market reforms period Chinese economy’s growth has been export and investment based rather than consumption. Now China’s leadership wants economic growth to be based on consumption, hence is trying to make consumption expenditures grow faster than the economy as a whole. So, the official goal now is to bring down China’s savings rate. The main reason government has followed policies in recent years that have boosted wages is because it helps boost consumption expenditures. With the market reforms, the social security system in China had degraded badly. Main reason the government has been improving the social security system in the recent years is also because it is helps increase consumption expenditures. However, the recent reforms in the Hukou system, aiming to make it easier for migrant workers to settle in smaller cities as equal citizens, works against the efforts to reduce savings and boost consumption.

Answer 1

Error 1: Consumption expenditures in China have fallen for almost a decade after the country’s entry into the WTO.

Correction 1: Per capita consumption expenditure has been increasing since China became part of WTO.

Error 2:  No wonder, the average disposable income has fallen in that period as well

Correction 2: The average disposable income has been increasing in that period as well be it in rural or urban area.

Error 3: social security system in China had degraded badly

Correction 3: social security system in China has strengthend.

Error 4: Chinese economy’s growth has been export and investment

Correction 4: Chinese economy’s growth has been in export, mass production, low cost of prduction and investment