Unit 1 1
Text A Inflation in 1994 1
Text B Strategies to Curb Inflation 5
Unit 2 9
Text A Insurance Law Comes into Force 9
Text B Inland Woos Investment 13
Unit 3 17
Text A CPU Central Committee Proposal for Economic Development 17
Text B Special Emphasis of Plan 23
Unit 4 27
Text A China's Growth Getting Rosier 27
Text B Strengthenign and Improving Macro-Comtrol System 32
Unit 5 37
Text A '95 Goals for Reform of State-owned Enterprises 37
Text B The Basic Characteristics of the Modern Emterprise System 42
Unit 6 45
Text A Economic Tasks and Strategic Distrbution 45
Text B Agiculture and Regional Economics 51
Unit 7 56
Text A China's Auto Industry 56
Text B Real Estate Sector Welcomes Investment 61
Unit 8 66
Text A China's Economic Reform and Opening 66
Text B Economic Reform Progresses Smoothly 70
Unit 9 73
Text A CPC Plans Attract Worldwide Attention 73
Text B China's Flourishing Money Mardkt 77
Unit 10 81
Text A Report on the Draft Central and Local Budgets for 1996 81
Text B The Central Budget for 1996 88
Unit 11 93
Text A 15 Years of Reform for State-owned Enterprises 93
Text B Regional Gap Must Be Shrunk 97
Unit 12 101
Text A China's Housing Strategy 101
Text B Housing Sector Welcomes Foreign Investment 106
Unit 13 109
Text A State Enterprise Reform Follows Chinese Way 109
Text B Reforn and Development in Rural Areas 113
Unit 14 117
Text A China to Estabish Free Trade System 117
Text B China Reforms and Readjusts Import Taxation Policy 122
Unit 15 126
Text A China Witnesses Steadily Progressing Economy 126
Text B Macro-Economic Situation ＆Policies 131
Appeadix：Translation of Texts 138
Key to Exerctses（Unit 1-15） 157