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Unit 18
New Economy and E-commerce
新经济与电子商务
Comprehension questions:
1. What is the direct contribution of ICT equipment and software production to
growth?
2. What is the total impact ICT equipment and software production on the deeper
reaches of the US economy?
3. What effect will ICT have on conventional industrial sectors and on national
competitiveness?
4. Why is outsourcing the hallmark of new economy?
Part A Exercises
1)Directions: Listen to the first news item carefully and decide whether the following
statements are “T” (true) or “F” (false).
(1) ( ) In China, internet users grew exponentially from a mere 1,600 in 1994
to 16.9 million in mid-2000.
(2) ( ) E-commerce transactions registered a total revenue of 200 million yuan
in 1999, the same as in 1998.
(3) ( ) Internet businesses are losing money due to unusually high charges for
telephone lines, an uncertain regulatory environment, and direct competition
from the telecommunications operators dominating the market.
(4) ( ) The growth potential of the internet and e-commerce is not well
recognized by foreign multinationals.
(5) ( ) As China does not prohibit foreign involvement, foreign companies
have managed to enter the Chinese market by forming strategic alliances
with domestic companies.
2) Directions: Listen to the second news item carefully and complete the following
passage by filling the missing information.
Merchants are set to lose __________ this year because of online fraud, according to
a survey released by CyberSource Corp., a provider of ________ _______ and risk
management products in Mountain View, Calif. The $2.8 billion figure is ________
hig
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