This issue arises over and over:
In Mandarin Chinese, I often read a paragraph aloud, concentrating on pronunciation. I've studied all (or almost all) the words, and know what they mean individually. I'll pat myself on the back and think to myself: "Nailed it! Your Chinese is getting better!"
Then someone asks me "so, what does it say?" And frustratingly, often I'll be forced to reply "I have no idea." Perhaps I might be able to say something superficial.
The problem is that locally I understand everything, but after proceeding to the subsequent words, or the next sentence, I just forget the previous material. I could tell you what each sentence in the paragraph means after reading it, but not what the paragraph itself means.
Question: How can I overcome the problem of knowing all the words, but missing the overall meaning?