[主观题] 【翻译】Exports grew much faster than imports during this period not only because of the strong emphasis placed on exporting by China„s economic planners，but also because a number of industrial projects were postponed in 1979.Official recognition that foreign technology could play a major role in modernizing the Chinese economy has caused imports to rise by more than 50 per cent in 1978，placing unduestrain on the national economy.

1、[名词解释]budget cuts

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2、[名词解释]political and economic integration

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3、[主观题]【翻译】With the U.S.Congress due to consider the renewal of China's most-favored nation trade status in June，officials in Beijing fear the trade imbalance could surpass human rights as a source of U.S.opposition to preferred status for China."The trade surplus itself will be the NO.1 problem this year."Says one Chinese official."After Japan，we'll be first in line for relation."

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4、[主观题]【翻译】In the SEZs，which are being built almost from scratch，foreigners can invest in anything which the state deems useful for the country，be it，for example，production of goods for export or construction of private-housing estates.

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5、[主观题]【翻译】Financial stress brought on by excessive debt in the household and corporate sectors was an example of another kind of structural problem，in particular for the economies of Japan and the United States.Financial institutions in these two countries adopted more conservative lending policies，curtailing financing of higher-risk projects such as commercial construction and highly leveraged corporate transaction.A number of weaker institutions were also consolicated through bankruptcy，merger and reorganization.

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