[1]Beijing—The $586 billion economic stimulus package that China announced Sunday may not be quite as large as it seemed at first sight, but it shows just how seriously the authorities in Beijing take the threat of a slowdown in the wake of the international financial crisis. On the face of it, the package of tax cuts, higher public spending, and other measures may be the largest stimulus in history.

[2]The new policy gives President Hu Jintao something to show fellow world leaders at the Group of 20 summit (最高级会议) in Washington Saturday as they seek ways out of the financial crisis. “We must carry out the measures to ensure fast and stable economic development,” Premier Wen Jiabao told government leaders on Monday. “They are not only the needs of our own development but also ______▲______.”

[3]Stock markets first jumped on news of the package, in the hope that if China's economy continues to grow, it might help other nations weather the expected global financial crisis by offering a market for their exports. The stimulus package is designed to make up the effects of falling exports and a property slump (缩水) on China's own economy, by boosting investment and consumption at home. That should keep the world's fastest?growing economy on a “steady and fast” growth track despite the gloomy international climate.

[4]The State Council, China's cabinet, said it would target spending over the next two years on low?income housing, rural construction, water and electricity supplies, technological innovation (创新), and recovery from disasters such as the May 12 earthquake in Sichuan Province.

[5]If the plan is performed, its focus on projects benefiting China's poorer citizens, rather than on traditional large?scale industrial development, would strengthen the government's policy of building a “harmonious society” that bridges the current gap between the rich and poor.

76.What is the best title of the passage? (Please answer within 10 words.)

77.Which sentence in the passage can be replaced by the following one?

Though there is a global financial crisis at present, the $586 billion economic stimulus package would keep China's economy developing steadily and quickly.

78.Please fill in the blank in the second paragraph with proper words or phrases to complete the sentence. (Please answer within 10 words.)

79.List three fields on which the money will be spent. (Please answer within 8 words.)

80.Translate the last paragraph into Chinese.

 

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