话题:增长动力需要融资、住房与消费支持 Passage 1 As the world grapples with the changing economic landscape, China is pursuing healthy, high - quality economic development 1____ (amid) rising challenges while trying to maintain stability. The central leadership's vision of "pursuing progress while maintaining stability" has become 2____ guiding principle for economic recovery. According to economics theory, GDP is the sum of investments, consumption and net exports, and to pursue "progress while maintaining stability", China has to ensure sustained growth in these key areas despite several destabilizing factors, including shrinking investment, 3____ (underperform) industrial sector, rising local government debt, insufficient consumption, and a sluggish real estate market. However, the Chinese economy is resilient and can overcome the challenges. To begin with, China needs to optimize the investment structure to realize stable growth. Measures should 4____ (take) to attract more investments to sectors that enhance long - term productivity, particularly those that improve total factor productivity, and greater attention should be paid to public welfare sectors such as healthcare, education and infrastructure, as these will help boost consumption. Supporting private enterprises is also essential for 5____ (create) more employment opportunities and sustaining overall economic vitality. Weak consumer spending stems largely from people's concern over economic stability, especially the creation of jobs, availability of affordable housing, access to healthcare and social welfare. Once the above public needs are met, savings will reduce and consumption 6____ (increase). Therefore, policies aimed at stimulating consumption should focus on long - term solutions to alleviate social concerns. From January to November 2024, China's total trade volume grew by 4.9 percent, with exports rising by 6.7 percent. But much of that growth was driven by businesses preemptively shipping products to avoid high tariffs the Joe Biden administration vowed to impose on Chinese goods. Given the risk of renewed trade tensions 7____ the return of Donald Trump to the White House, China should prepare to deal with serious trade disputes by 8____ (adjust) the fiscal policy, taxation and the overall trade structure. To address these contradictions, the authorities should adhere to the principles 9____ (outline) by the central leadership. Fiscal policy, for example, should play 10____ crucial role in balancing local government revenue and expenditure. amid the underperforming be taken creating will increase with adjusting outlined a Passage 2 Therefore, central government spending should be increased to reduce local governments' debt burden and free up fiscal resources, 1____ could be used to address people's livelihood concerns. As for fiscal policy, it should focus on transferring money and offering housing subsidies to middle - income families with stagnant income, addressing stru ... ...
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