They set up China's first （) foreign－controlled joint－venture travel agency in B

The travel agencies must have a ( ) of at least 4 million yuan (US$483,000)，whether they are controlled or wholly owned by a foreign firm. 旅行社如果是被外商控股或是完全由外商独资建立，则他们的注册资本至少要达到400万人民币(48.3万美元)。

A、registeredcapital

B、registeringcapital

C、registerscapital

D、registeringassets

And they must have both a good international ( ) and advanced agency management skills.同时他们必须具备良好的国际商誉和先进的旅游业管理技能。

A、representation

B、reputation

C、request

D、represent

They must have an annual business ( ) of at least US$40 million.它们必须至少有每年四千万美元的营业额。

A、turnover

B、turnback

C、turnover

D、turnback

Overseas ( ) wanting to establish a travel agency in the country,in which they would have a controlling stake, must be members of their own national or regional tourism industry association.外国申请者们要想在我国建立控股旅行社，他们就必须是其自身所在国或地区的旅游业协会的成员。

A、apply

B、applying

C、applicants

D、appeal