en-us	MANILA, PHILIPPINES (3 April 2020) — Regional economic growth in developing Asia will decline sharply in 2020 due to the effects of the novel coronavirus (COVID-19) pandemic, before recovering in 2021, according to the Asian Development Outlook (ADO) 2020, the Asian Development Bank’s (ADB) annual flagship economic publication. 
zh-cn	菲律宾马尼拉（2020年4月3日讯）— 亚洲开发银行（亚行）年度旗舰经济出版物《2020年亚洲发展展望》指出，由于受新冠肺炎（COVID19）疫情大流行影响，预计今年亚洲发展中经济体的区域增速将急剧下滑，2021年会有所反弹。 

en-us	The report forecasts regional growth of 2.2% in 2020, a downward revision of 3.3 percentage points relative to the 5.5% ADB had forecast in September 2019.  
zh-cn	报告预测，2020年亚洲区域增长率为2.2%，较2019年9月亚行预测的5.5%下降3.3个百分点。

en-us	Growth is expected to rebound to 6.2% in 2021, assuming that the outbreak ends and activity normalizes.  
zh-cn	预计增长率将在2021年回升至6.2%，但前提疫情结束，且各项经济活动恢复正常。 

en-us	Excluding the newly industrialized economies of Hong Kong, China; the Republic of Korea; Singapore; and Taipei,China,  
zh-cn	除中国香港、韩国、新加坡和中国台北四个新兴工业经济体外， 

en-us	developing Asia is forecast to grow 2.4% this year, compared to 5.7% in 2019, before rebounding to 6.7% next year. 
zh-cn	亚洲发展中经济体今年的增长率为2.4%，而2019年为5.7%，预计2021年有望回升至6.7%。

en-us	The evolution of the global pandemic—and thus the outlook for the global and regional economy—is highly uncertain.  
zh-cn	全球疫情将如何演变，以及受此影响全球和地区经济的前景如何，都存在很大的不确定性。 

en-us	Growth could turn out lower, and the recovery slower, than we are currently forecasting.  
zh-cn	实际增长率可能低于目前的预测，经济复苏也可能比预期更为缓慢。 

en-us	For this reason, strong and coordinated efforts are needed to contain the COVID-19 pandemic and minimize its economic impact,  
zh-cn	为此，我们需要采取坚定有力、协调一致的行动，遏制新冠肺炎疫情大流行，并将其对经济， 

en-us	especially on the most vulnerable,” said ADB Chief Economist Yasuyuki Sawada. 
zh-cn	特别是对最脆弱群体，带来的影响的影响，降到最低，亚行首席经济学家泽田康幸（Yasuyuki Sawada）表示。 

en-us	In the People’s Republic of China (PRC), a sharp contraction in industry, services, retail sales, and investment in the first quarter due to the COVID-19 outbreak will pull growth down to 2.3% this year.  
zh-cn	受疫情影响，中华人民共和国（中国）的工业、服务业、零售业和投资在第一季度急剧收缩，经济增长率被拉低至2.3%。

en-us	Growth will rebound to an above normal 7.3% in 2021 before reverting back to normal growth.  
zh-cn	2021年，经济增长将反弹至高于正常水平的7.3%，而后回归正常水平。 

en-us	In India, measures to contain the spread of the virus and a weaker global environment this year will offset the benefits from recent tax cuts and financial sector reforms.  
zh-cn	在印度，减税和金融部门改革带来的益处将被遏制病毒蔓延采取的措施和今年疲软的全球经济环境所抵消。 

en-us	Growth in India is forecast to slow to 4.0% in fiscal year (FY) 2020 before strengthening to 6.2% in FY2021.  
zh-cn	印度的增速预计将在2020财年放缓至4.0%，在2021财年走强，反弹至6.2%。

en-us	Underpinning much of the weakness across Asia is a deteriorating external environment, with growth stagnating or contracting in the major industrial economies of the United States, Euro area, and Japan.  
zh-cn	随着美国、欧元区和日本等主要工业经济体的增长停滞和收缩，外部环境在恶化，这是亚洲经济疲软的主要影响因素。 

en-us	Some commodity and oil exporters, such as those in Central Asia, will be hit by a collapse in commodity prices.  
zh-cn	由于大宗商品价格暴跌，中亚国家等大宗商品和石油出口国将受到冲击。 

en-us	Brent oil prices are expected to average $35 per barrel this year, down from $64 in 2019. 
zh-cn	预计布伦特原油今年的平均价格为每桶35美元，低于2019年每桶64美元的价格。 

en-us	All of developing Asia’s subregions will see growth weaken this year because of weak global demand, and in some economies because of domestic outbreaks and containment policies.  
zh-cn	由于全球需求疲软，今年所有亚洲发展中次区域的增长都将放缓，部分经济体受境内疫情爆发及防控政策的影响，增速也将放缓。 

en-us	Subregions that are more economically open like East and Southeast Asia, or tourism-dependent like the Pacific, will be hard hit.  
zh-cn	一些次区域将遭遇重创，比如经济开放程度较高的东亚和东南亚以及依赖旅游业的太平洋等地区。 

en-us	Economic activity in the Pacific subregion is expected to contract by 0.3% in 2020 before recovering to 2.7% in 2021. 
zh-cn	预计2020年太平洋次区域的经济活动将收缩0.3%，并在2021年反弹至2.7%。

en-us	A special section of the report provides an update on the likely economic impact of the COVID-19 outbreak on developing Asia’s economies, and on sectors within these economies. 
zh-cn	本报告的专题章节针对新冠肺炎疫情给亚洲发展中经济体及其各部门带来的经济影响进行了最新分析。 

en-us	The global cost of the pandemic could range from $2.0 trillion to $4.1 trillion, equivalent to a loss of between 2.3% to 4.8% of global gross domestic product.  
zh-cn	全球疫情造成的损失可能在2.0万亿美元至4.1万亿美元之间，相当于全球国内生产总值的2.3%～4.8%。

en-us	These estimates, which update earlier ADB research released on 6 March, reflect the now-global nature of the pandemic, the extensive use of containment policies and travel bans worldwide, and data on how the outbreak affected activity in the PRC. 
zh-cn	上述预估更新了亚行于3月6日发布的研究数据，综合反映了目前疫情大流行的全球性、世界范围内广泛采取的防控政策和旅行禁令，以及疫情爆发对中国经济活动的影响数据。 

en-us	It should be noted that the estimate does not take into account such factors as supply disruptions, interrupted remittances, urgent health care costs, and potential financial disruptions, as well as the long-term effects on education and the economy.
zh-cn	值得注意的是，该预估并未将供应中断、汇款中断、应急医疗支出、潜在的金融动荡以及对教育和经济的长期影响等因素考虑在内。 