The WTO, short for World Trade （Organize) __________, is the only international body dea

A.WO

B.WTO

C.（sop）作业指导书

WTO is short for World Trade Organization.()

WTO is a short form. which stands for World Trade Organization”.()

A、World Tourism Organization

B、World Travelling Organization

C、World Trade Organization

D、World Tolerance Organization

on—China, the United States and the WTO. China, still a developing country, has a total economic capacity (1)_____ seventh worldwide, and is the 10th largest nation (2)_____ trade worldwide. In the 21st century, China's economy will greatly (3)_____ the world economy. Without China, the WTO is (4)_____, and its role greatly (5)_____ Thus, China's entry into the WTO is necessary for the WTO to (6)_____ its universality. (7)_____ the United States, China's entry into the WTO will realize the general needs of the development (8)_____ and the mutual interests of Sino-U.S. (9)_____ trade, and will help gradually solve the problem of huge deficits in the U.S. trade with China.

As for China, through 13 years of difficult negotiations, China has finally realized its (10)_____ of joining the WTO as a developing country: the bilateral agreement between China and the United States (11)_____ this fundamental principle. China's entry into the WTO as a developing country is (12)_____ great significance, implying as it does that China will enjoy, according to law, a developing country's preferential arrangements, protection of and export subsidies for its embryonic industries, as well as elastic stipulations in the tariff system. For example, China will (13)_____ for a six-year period a 25 percent import tax rate for its auto industry; in the agriculture sector, most of markets (wheat, maize, rice, cotton, sugar, and fertilizer) will be franchised by the State so as to ensure the State has (14)_____ means of macroeconomic control, there by (15)_____ farmers' interests; and the banking sector will gradually open during a transitional period. Moreover, in some sectors, the markets will still remain closed, or, at least, the 'opening of these markets has to be specifically (16)_____ by the Chinese government. Only developing countries have the right to enjoy the above-mentioned buffer opportunities. The Sino-U.S. agreement further contains no (17)_____ prohibiting China from adopting WTO exceptional clauses; instead, China can adopt exceptional clauses which are exclusively (18)_____ to developing countries. This objectively recognizes that China enjoys status of a developing country and means that China can adopt such exceptional clauses as protection of its infant industries. Should its domestic markets be seriously affected or harmed by external factors？ China can adopt temporary measures to compensate.

In short, China's (19)_____ to the WTO as a developing country ensures that China's obligations to the WTO are (20)_____ with its current development level, thus greatly reducing the negative effects to China's industries resulting from its entry into the WTO.

A．bending

B．ranking

C．deciding

D．prevailing

on - China, the United States and the WTO. China, still a developing country, has a total economic (1)_____ ranking seventh worldwide, and is the 10th largest nation (2)_____ trade worldwide. In the 21st century, China's economy will have a (3)_____ impact on the world economy. Without China, the WTO is (4)_____, and its role greatly limited. Thus, China's entry into the WTO is necessary for the WTO to realize its (5)_____, (6)_____ the United States, China's entry into the WTO will (7)_____ the general needs of the development (8)_____ and the mutual interests of Sino U.S. (9)_____ trade, and will help gradually solve the problem of huge deficits in the U.S. trade with China.

As for China, through 13 years of difficult (10)_____, China has finally realized its (11)_____ of joining the WTO as a developing country: the bilateral agreement between China and the United States (12)_____ this fundamental principle. China's entry into the WTO as a developing country is of great significance, implying as it does that China will enjoy, according to law, a developing country's preferential arrangements, protection of export subsidies for its embryonic industries, as well as (13)_____ stipulations(协定) in the tariff system. For example, China will retain for a six-year period a 25 percent import tax rate for its auto industry; in the agriculture sector, most of markets (wheat, maize, rice, cotton, sugar, and fertilizer) will be franchised by the State so as to ensure the State has (14)_____ means of macroeconomic control, thereby (15)_____ farmers' interests; and the banking sector will gradually open during a transitional period. Moreover, in some sectors, the markets will still remain closed, or, at least, the opening of these markets has to be specifically (16)_____ by the Chinese government. Only developing countries have the right to enjoy the above- mentioned buffer opportunities. The Sino-U. S. agreement further contains no (17)_____ prohibiting China from adopting WTO exceptional clauses; instead, China can adopt exceptional clauses which are exclusively (18)_____ to developing countries. This objectively recognizes that China enjoys status of a developing country and means that China can adopt such exceptional clauses as protection of its infant industries. Should its domestic markets be seriously affected or harmed by external factors？ China can adopt temporary measures to compensate.

In short, China's (19)_____ to the WTO as a developing country ensures that China's (20)_____ to the WTO are compatible with its current development level, thus greatly reducing the negative effects to China's industries resulting from its entry into the WTO.

A．capability

B．ability

C．capacity

D．aptitude

Tourism Enriched Campaign

旅游致富运动

"Tourism enriches individuals, families, communities and all the worlD．" This is a central, simple but straight-forward message of the new awareness campaign with which the World Tourism Organization (WTO) wants to raise awareness of the positive impacts tourism can have on life, culture and economy, in shourt on society at all levels.

The "Tourism Enriches" campaign was launched at the First World Conference on Tourism Communications (TOURCOM) end of January in MadriD．"This is the first time WTO has aimed a campaign at the general public," said WTO Secretary-General Mr.Francesco Frangialli. "It is a simple, upbeat idea and a simple beginning, but ultimately the campaign is intended to be developed and used by the tourism industry, especially ministries in our member countries, as they see fit. "

The initiative came from the WTO Members last year and was discussed at the 15th Session of the General Assembly in Beijing, China, last October.

"Governments have been putting a higher priority on tourism in the time of recent crises," stressed Mr. Frangialli, explaining that this resulted in recognition of tourism as the most prospective activity, important for environmental, cultural and social awareness, pursuit of peace and international cooperation recognition and in particular of its ability to alleviate poverty through the creation of small and medium sized tourism businesses and the creation of new jobs. "That same recognition has taken place at the highest level in the General Assembly of the United Nations, which unanimously agreed on December 23rd to make the WTO its newest specialized agency.

"We are calling upon governments to implement this importance of tourism in practice and invest more funds in tourism development and communications," said the Secretary-General. "The success of Tourism Enriches' also depends in part on its diffusion in the media, so we are inviting them to become the third member in the already established public-private partnership in intemational tourism. "

The aims of "Tourism Enriches" campaign are to promote tourism as a basic human right and way of life, to stimulate communication about the benefits of tourism as the most prospective economic activity for the local communities and countries, to enhance cooperation between destinations and the tourism industry with the local, regional and international media and to link individual tourism entities to the larger community of international tourism.

Cooperating in the campaign is offered to all destinations, tourist companies and the media, unconditionally with the membership status in the WTO. "While we believe that the principles of this campaign are acceptable for all, we in particular invite the developing world to adopt them and link them to the United Nations Millennium Development Goals," added Mr.Frangialli.

The campaign features five basic components that can be adapted and expanded for use by Member States, Affiliate Members of the WTO and the rest of the tourism industry in their own tourism promotion and awareness building activities: the slogan "Tourism Enriches", the graphic image or logo of the campaign, a six-page A4 size flyer outlining positive impacts of tourism, such as economic benefits, increased international understanding, rural jobs, environmental protection, etc., an attractive poster using the same artwork and a thirty second video public service announcement for free use on national television channels, airlines, and satellite TV (in progress).

The TOURCOM Network of Communications Experts, a new consultative body to the WTO Press and Communications Section, will be responsible for implementing the campaign within the scope of their own activities around the wo

A．It was launched in Madrid in January.

B．It was launched in New York last October.

C．It was launched in Beijing last October.

D．It was launched in WTO end of January.

Section B

Directions: In this section, you will hear 3 short passages. At the end of each passage, you will hear some questions. Both the passage and the questions will be spoken only once. After you hear a question, you must choose the best answer from the four choices marked A, B, C and D.

听力原文： Since last December, China was preparing to open U.S. market on clothing and textile. China's exports of cloth lng and textile products to the United States jumped more than 50 percent in the first eight months of 2005 to nearly $17.7 billion following the end of a global quota system on January 1.

That prompted U.S. textile producers to seek protection under a "safeguard" provision of China's 2001 entry into the World Trade Organisation since April. The measure allows WTO members to restrict the growth in imports from China to 7.5 percent annually when there is a market-disrupting rush.

The Bush administration has imposed safeguard restricts on billions of dollars' worth of Chinese clothing imports this year. But because the restricts have to be renewed annually ,textile groups have pushed for a comprehensive agreement that would limit imports until 2008 when the safeguard provision ends.

US textile and clothing companies and their labor unions were pushing for a comprehensive deal to prevent a flood of Chinese imports that began last January when global quotas, in place for more than three decades, were lifted.

Cass Johnson, president of the National Council of Textile Organizations, said on Sunday the new textile agreement was expected to restrict 34 categories of clothing and textile imports from China through 2008.

(27)

A．In last December.

B．In January.

C．In April.

D．In August.

Chinese Economy

The size of the Chinese economy is likely to climb, in world rankings, from its current position as the sixth largest to the second largest by 2030, said economists with global investment bank Lehman Brothers.

With its gross domestic product (GDP) growing at an annual rate of 6 per cent, China will come in after the United States to secure the second place spot, the economists said.

Such an economy stands to offer exciting business and capital market opportunities to foreigners over the next 10 years or so, said Robert Subbaraman, a Lehman Brothers senior economist who is the co-author of a newly released comprehensive report on China's economic, political, social and foreign policy prospects over the next 10 years.

At a press conference last week in Beijing, Subbaraman and his colleagues offered detailed explanations of their forecasts regarding the impact of the country's accession to the World Trade Organization (WTO), growth opportunities and how to do business in China.

WTO Impact

China's economy will be disrupted in the short term, but in the long run, it can benefit immensely from its WTO entry, said Subbaraman.

Rising numbers of bankruptcies and displaced workers are likely, as increased trade competition after the WTO forces a reallocation of resources away from protected and less competitive industries to sectors where China has more of a comparative advantage, he said.

According to the International Monetary Fund, WTO accession will subtract 0.3 per cent from China's real GDP growth in the first year.

Subbaraman said potential losers from the accession include the highly protected agricultural, telecommunications and banking sectors and some of the more capital-intensive ones such as the auto industry.

Besides short-term adjustment costs, WTO accession will have a profound effect on the composition of China's balance of payments, he said.

The reduction in trade barriers will lead to a substantial increase in merchandise imports but only a modest rise in exports.

Furthermore, WTO entry will help spur the development of the legal and regulatory framework and accelerate reform. in the bank and enterprise sectors, thus creating demand for foreign services — financial, accounting, management consultancy and legal — to support restructuring.

As a result, the current account surplus of US $ 20.5 billion in 2000 is likely to decrease and could sink into a small deficit by 2003, Subbaraman said in his report.

However, the decrease in Chinas s current account should be more than offset by an improvement in the capital account, noted Paul Sheard, chief economist for Lehman Brothers Asia.

The liberalization of China's services sector should attract stronger FDI (foreign direct investment) inflows, while measures to strengthen the rule of law and to broaden and deepen the bond and equity markets should help deter portfolio capital flight.

"On our estimates, actual FDI will soar from US $ 46. 8 billion today to a round US $ 65 billion by the end of 2003,” he said, adding that China's overall balance of payments surplus is expected to increase steadily in the coming years.

"This means that the tendency for the RMB will be to appreciate once China begins to move toward a more flexible exchange rate regime," he said.

In the long run, WTO entry is expected to add around 1.3 per cent per annum to China's GDP growth, he added.

"We are optimistic that China will achieve an average 6 per cent growth over the next two decades," he said at the press conference.

Business Bible

In the report, Subbaraman said the answer to the question: "Should we be there？ is a cautious "yes” for multinational inv

A．Y

B．N

C．NG