[主观题] 【翻译】Stock-taking of the open policy will come later this year when the National People„s Congress discusses the seventh five-year plan，which will run to the end of the decade.

1、[主观题]【翻译】Administration officials see little risk that this more aggressive policy could escalate into a full-fledged trade war that would shock the world's fragile economies.Thus，the administration will not be deterred by complaints that it has moved to"protectionism."

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2、[主观题]【翻译】Goods are produced according to a sample provided by the customer，while strong encouragement is given to compensation trade whereby a foreign seller supplies raw materials and equipment and receives manufactured goods，produced by the equipment provided，in return.Compensation trade differs from barter or counter-trade insofar as there is a direct link between the equipment supplied from abroad and the manufactured product.Assembly manufacturing began in 1978 and particular forms of foreign trade are eligible for exemption from customs duties and taxation.

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3、[主观题]【翻译】International conditions for growth in developing countries deteriorated in 1991.The Seven major industrial countries(the G-7)experienced a significant slowdown in GDP growth-from 2.8 percent in 1990 to 1.9 percent during 1991 as recession gripped Canada，the United Kingdom，and the United States and growth rates slowed in Continental 5 Europe and Japan.In important respects.The slowdown was different from those that occurred during the 1970s and 1980s.Rather than reflecting the effect of disinflationary policies，weakness in demand was more closely related to the loss of momentum that had built up during the long period of expansion that began in 1983.In addition，a common factor underlying the slowdown in many industrial countries was the cyclical deceleration in investment spending.

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4、[主观题]【翻译】A farfetched prediction？The new American administration doesn't think so.Bill Clinton has appointed China hands to top Asia posts at the state and Treasury departments.When critics called the appointments a slight to Japan，the leading Pacific economic power，U.S.Deputy Treasury Secretary Roger Altman explained the administration's reasoning：by early in the next century，he said，China may replace Japan in importance to the U.S.as an economic partner.Japan
recognizes the rise of China.As a warning shot in an intensifying rivalry，Tokyo last week put punitive import tariffs on Chinese steel.

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5、[主观题]【翻译】Although the weakness in demand in the United States led to a sharp decline in short-term dollar interest rates—a positive development for many developing countries—it also contributed to a drop of over 6 percent in nominal commodity prices and to a slackening，to 3 percent，in the growth of world trade.These trends were compounded by worsening economic conditions in the soviet Union and its successor states，where a growing shortage of foreign exchange led to a compression of import from Eastern Europe and an acceleration of certain commodity exports to earn hard currencies.

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