Last year saw a decline in the effective demand for steel.

去年，钢铁的实际需求下降了。

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The key of expanding domestic demand lies in raising the effective demand.

扩大内需的关键在于提高有效需求。

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The word demand denotes the effective demand quantity of product at each and every price.

需求这个词表示了产品在每一个价格的有效需求数量。

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The ongoing tightening of lending standards, although an appropriate market response, will reduce somewhat the effective demand for housing, and foreclosed properties will add to the inventories of unsold homes.

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Earlier this year, the government launched a new dollar auction system, which complements existing state-run currency channels, in a bid to pump more hard currency into the private sector, but economists have so far questioned how effective the mechanism will be in satisfying demand.

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