推进金融体制改革to proceed with financial reform

　　多渠道提高直接融资比重 to raise the proportion of direct financing through multiple channels

　　加强和改进金融监管 to strengthen financial supervision and controlling

　　防范和化解金融风险to forestall and diffuse financial risks

　　改善人民币汇率制度to improve RMB exchange rate regime

　　扩大国内需求to boost domestic demand

　　劳动者素质提高 improvement in the quality of work force

　　霸权主义强权政治 hegemonism and power politics

　　和平发展 peaceful development

　　和平解决国际争端和热点问题 peaceful settlement of international disputes and hotspot issues

　　防御性的国防政策a national defense policy that is defensive in nature

　　互利共赢的开放战略 a win-win strategy of opening-up

　　通行的国际经贸规则internationally recognized economic and trade rules

　　扩大市场准入increase market access

　　贸易和投资自由化便利化 the liberalization and facilitation of trade and financial systems

　　经贸摩擦 economic and trade frictions

　　军备竞赛arms race

　　永远不称霸 never seek hegemony

　　永远不搞扩张 never engage in expansion

　　奉行防御性的国防政策 to follow a national defense policy that is defensive in nature