深入推进大众创业万众创新。发展创业投资和股权投资，增加创业担保贷款。深化新一轮全面创新改革试验，新建一批双创示范基地，坚持包容审慎监管，发展平台经济、共享经济，更大激发社会创造力。

　　We will continue to encourage business startups and innovation nationwide.

　　We will support the growth of venture capital and equity investment and increase guaranteed loans for startups.To further unleash the creativity of various sectors, we will launch a new round of pilot reforms for making innovations across the board, build more innovation and entrepreneurship demo centers, continue accommodative and prudential regulation, and develop the platform economy and the sharing economy.

　　深入推进 continue to encourage

　　平台经济 the platform economy

　　共享经济 the sharing economy

　　实施扩大内需战略，推动经济发展方式加快转变

　　V. Implementing the strategy of expanding domestic demand and promoting accelerated transformation of the economic growth model

　　我国内需潜力大，要深化供给侧结构性改革，突出民生导向，使提振消费与扩大投资有效结合、相互促进。

　　The potential of China’s domestic demand is enormous. We will deepen supply-side structural reform, focus our efforts on improving the people’s wellbeing, and boostconsumption and expand investment in a mutually reinforcing way.

　　深化 deepen

　　突出 focus

　　提振 boost

　　扩大 boost

　　促进 reinforce

　　推动消费回升。通过稳就业促增收保民生，提高居民消费意愿和能力。支持餐饮、商场、文化、旅游、家政等生活服务业恢复发展，推动线上线下融合。促进汽车消费，大力解决停车难问题。

　　We will promote the recovery of consumption.

　　We will stabilize employment, promote income growth and ensure people’s basic needs are met to encourage and enable consumer spending. We will support the recovery and development of food and beverage, brick and mortar shopping, culture, tourism, domestic services, and other consumer services, and promote the integration of online and offline consumption. We will encourage automobile consumption and take strong measures to address the shortage of parking spaces.

　　发展养老、托幼服务。发展大健康产业。改造提升步行街。支持电商、快递进农村，拓展农村消费。要多措并举扩消费，适应群众多元化需求。

　　Elderly and child care services and comprehensive health care services will be developed. Pedestrian streets will be upgraded. We will support the rollout of e-commerce and express delivery services in rural areas to expand rural consumption.We will apply a combination of measures to boost consumption and meet diverse demand among consumers.

　　改造提升 upgrade

　　拓展 expand

　　多措并举 apply a combination of measures

　　扩大有效投资。今年拟安排地方政府专项债券3.75万亿元，比去年增加1.6万亿元，提高专项债券可用作项目资本金的比例，中央预算内投资安排6000亿元。重点支持既促消费惠民生又调结构增后劲的“两新一重”建设，主要是：

　　We will expand effective investment.

　　This year, 3.75 trillion yuan of special local government bonds will be issued, a 1.6 trillion yuan increase over last year. The proportion of special bonds that can be used as project capital will be raised, and 600 billion yuan will be earmarked for investment in the central government budget.

　　Priority will be given to new infrastructure and new urbanization initiatives and major projects, which not only boost consumption and benefit the people, but also facilitate structural adjustments and enhance the sustainability of growth. Specifically, efforts will be made mainly in the following three areas:

　　trillion 万亿

　　增后劲 enhance the sustainability of growth.

　　加强新型基础设施建设，发展新一代信息网络，拓展5G应用，建设数据中心，增加充电桩、换电站等设施，推广新能源汽车，激发新消费需求、助力产业升级。

　　First, we will step up the construction of new types of infrastructure. We will developnext-generation information networks, expand 5G applications, and develop data centers. We will build more battery charging and swapping facilities and promote wider use of new-energy automobiles. We will stimulate new consumer demand and promote industrial upgrading.

　　新一代信息网络 next-generation information networks

　　助力 promote

　　加强新型城镇化建设，大力提升县城公共设施和服务能力，以适应农民日益增加的到县城就业安家需求。新开工改造城镇老旧小区3.9万个，支持管网改造、加装电梯等，发展居家养老、用餐、保洁等多样社区服务。

　　Second, we will strengthen the development of a new type of urbanization. We will do more to improve public facilities and services in county seats, so as to meet the growing demand to work and settle in them among rural residents. We will begin the renovation of 39,000 old urban residential communities and support the upgrading of plumbing and wiring and the installation of elevators in old residential buildings; we will encourage the development of community services such as elderly home care, the provision of meals, and cleaning services.

　　The seat of an organization, a wealthy family, or an activity is its base. (组织、富裕家庭、活动的) 基地

　　Gunfire broke out early this morning around the seat of government in Lagos.

　　今天清晨在拉各斯政府基地周围爆发了枪战。

　　加强交通、水利等重大工程建设。增加国家铁路建设资本金1000亿元。

　　Third, we will redouble efforts to develop major transportation and water conservancy projects, and increase national railway development capital by 100 billion yuan.

　　健全市场化投融资机制，支持民营企业平等参与。要优选项目，不留后遗症，让投资持续发挥效益。

　　We will improve market-based investment and financing mechanisms to support private enterprises in participating in projects on an equal footing. We will ensure that projects are up to standard, so they do not create any undesired consequences and the investments made deliver long-term returns.

　　深入推进新型城镇化。发挥中心城市和城市群综合带动作用，培育产业、增加就业。坚持房子是用来住的、不是用来炒的定位，因城施策，促进房地产市场平稳健康发展。完善便民、无障碍设施，让城市更宜业宜居。

　　We will steadily advance new urbanization.

　　We will leverage the role of leading cities and city clusters in driving the overall development of their surrounding areas, in an effort to foster new industries and increase employment. Acting on the principle that houses are for living in, not for speculation, we will implement city-specific policies to promote steady and healthy development of the real estate market. We will improveurban amenities and accessible facilities, and make our cities places that people enjoy living and working in.