This monopoly capital, combined with state power, has become state-monopoly capitalism. 这个垄断资本,和国家政权结合在一起,成为国家垄断资本主义。
It has lowered trade barriers and tax rates, broken state monopolies, unshackled industry, encouraged competition, and opened up to the rest of the world. 它减少贸易壁垒,降低税率,打破国家垄断,解放工业,鼓励竞争,向全世界开放。