L.
 
垃圾债券 junk bond
拉动经济增长 fuel economic growth
拉拉队 cheering squad
拉拉队长 cheer-leader, rooter king
拉关系 try to curry favor with
劳动合同制 labor contract system
老字号 an old and famous shop or enterprise
"篱笆墙" barriers/ blockage to inter-regional trading
礼仪小姐 ritual girl
利改税　 substitution of tax payment for profit delivery
利基 niche
立体农业 three-dimensional agriculture
联合联络小组 joint liaison group
廉政、勤政、务实、高效政府 an honest, diligent, pragmatic and efficient government
廉洁奉公，以正治国 (of an official) clean and devoted, and govern the state with his own example of uprightness
联合兼并 conglomeration and merger of enterprises
联合投标 syndicated tender
联想集团 Legend Group
练摊 to be a vendor
粮食收购部门 (government's) grain procurement (purchasing) agencies
粮油关系：grain and oil rationing registration
两岸直航促进会 Association for Promotion of Cross-Straits Direct Transportation
两弹一艇 A-bomb, H-bomb and nuclear-powered submarine
"两个对等的政治实体" "two equal political entities
两个文明一起抓 place equal emphasis on material and ethical progress
"两思"（致富思源，富而思进） to think of the source of getting rich and of making progress after becoming affluence
老少边穷地区 former revolutionary base areas, areas inhabited by minority nationalities, remote and border areas and poverty-stricken areas
猎头公司 head-hunting company
临时主教练 caretaker coach
领头羊 bellwether
留职停薪 retain the job but suspend the salary
留学咨询：consulting on the study abroad
流动人口 transient population
乱集资、乱摊派、乱收费 unwarranted pooling of funds, arbitrary requisition of donations and exaction of fees from enterprises
乱收费、乱摊派、乱罚款 arbitrary charges, fund-raising quotas and fines
《论语》 Analects of Confucius
裸机：bare mobile phone
绿地覆盖率 forest coverage rate
绿化 afforestation