China’s Ministry of Foreign Trade and Economic Cooperation says that Sino-American trade relations have continued to develop rapidly in recent years.
Statistics show that America had invested 38 billion US dollars in the Chinese market by the end of this August.
It has been China’s biggest source of foreign investment for three years running.
The volume of Sino-American trade from January to August reached over 60 billion US dollars, a 14 percent year-on-year increase, making the US China's second largest trade partner.
The total volume of bilateral trade this year is expected to top 92 billion US dollars.
***
Market-oriented rural structural reforms that stress quality and high-yield products have become a stimulus for China’s agricultural development.
The grain production sector has seen the fastest progress since its structural reform in 1999, with high-quality rice cultivation making up half of the country’s total, and high-quality wheat cultivation a quarter of the country’s total.
Pollution free vegetable cultivation is also developing rapidly.
Cultivation and production have also become more specialized and regionalized. The country’s northeast is concentrating on soybean and corn production, the north on peanuts and wheat, the areas around Yangtze river on rape and Northwestern Xinjiang region on cotton.
***
China’s tourism department and the State Development and Planning Commission have decided to further develop China’s tourism industry in a bid to create 40 million jobs in the next ten years.
State Tourism Bureau chief He Guangwei reasons that the tourism industry is a labor-intensive one that involves transport, travel, accommodation, food, shopping and entertainment services. He says all these are important sources of new jobs.
The two government departments want tourism to maintain a faster than GNP growth rate in the coming ten years. In the meantime, they also hope to improve the quality of services in the sector as well as increase its economic benefits.
It is expected that the industry will increase direct employment by 700 thousand annually and indirect employment by 3 and a half million annually.
***
The flood discharge section of the Three Gorges Dam has been completed.
The Three Gorges Dam will be over 2300 meters in length and tower 185 meters above the Yangtze River. It consists of three parts, namely, the flood discharge dam, the workshop and the overflow prevention dam.
The flood discharge dam lies in the middle of the riverbed. It stretches for 483 meters and has 23 holes for flood discharge. It is expected to allow over 10 cubic meters of flood water through it per second.
***
China's Foreign Trade Ministry is formally seeking opinions from the public on the trade policies of WTO member countries, a right that is given any member after its accession to the WTO.
The right to discuss trade policy under the WTO framework means that member countries can conduct regular examinations of other members’ trade policies and better observe WTO rules.
Since it joined the WTO late last year, China has participated in discussions of the trade policies of India and Australia.
***
Pioneer Corporation and Sharp Corporation, two of Japan's biggest audio-equipment makers, will be moving their DVD-recorder production to China and Malaysia as early as December to cut costs.
According to the Japanese newspaper Nihon Keizai Shimbun, Pioneer has been closing down unprofitable businesses and shifting production to China. Rival Mitsubishi Electric Corporation will start making DVD-recorders in Malaysia this month.
Producing overseas enables the companies to cut costs by about a fifth.
***
Greyhound Canada Transportation Corporation, a subsidiary of Ontario-based Laidlaw Incorporated, the largest carrier group in Canada and in the United States, has signed contracts with the New National Express Group, a trans-provincial expressway transportation company in China.
The two companies will join hands for transporation development of the road network in China.
Their cooperation will target management skills and transportation of small goods as well as international and domestic tourists. China will import advanced technologies from Canada, such as the ticket selling system and the security management network.
The Shenzhen Branch of the Bank of China has also signed a contract with the New National Express Group to provide over 60 million US dollars for the company's development.
Established in Toronto in 1928, Greyhound Canada covers the road transportation business in all of North America and enjoys a large share of the North American market for its advanced technologies and management skills.
The New National Express Group, established in 2001, is the only company approved by the Ministry of Communications for trans-provincial and trans-regional express transportation business.
Currently, it has more than 300 luxury buses and 90 routes for passenger transportation.
Guangdong Province will invest an equivalent of 72 million US dollars in protecting its local drinking water sources between next year and 2005.
A survey reports that the quality of drinking water in nine cities along the major Pearl River in the province was up to standard.
However, in five other cities including Guangzhou and Shenzhen, the water sources were found to contain excessive levels of ammonia and nitrogen.
*****
The city of Guangzhou has successfully held a month’s worth of activities on classifying rubbish.
Statistics show that nearly half of the families participated in the activities and 150 thousand people promised to take an active part in classifying and collecting the rubbish.
The local government has invested more than 240 thousand US dollars in buying classified garbage bins and putting them in the public places, schools and communities.
*****
State-owned financial giant China International Trust and Investment Corporation, or CITIC, and Canada's Ivanhoe Energy have formed a strategic alliance to develop oil and gas in China and overseas.
As part of the deal, CITIC will have a stake in Ivanhoe's Sunwing Energy unit, which plans to list in Canada and Hong Kong next year.
CITIC will help Sunwing develop gas resources in China's Sichuan Basin, believed to have natural gas reserves equal to those in Canada and the US combined.
*****
Consumer spending among rural citizens has been rising steadily.
The National Bureau of Statistics says that from 1989 to 2001, the net income per capita among rural residents increased by more than 4 % year on year. Spending on food, clothing and home appliances last year had more than doubled the amount of spending in 1989.
1--Do you want black or white coffee?
2--White, please.
1--Look! There's a folk concert tomorrow evening.
Do you want to go?
2--I don't like folk music very much.
1--What kind of music do you like?
2--I like classical music. Do you?
1--Not very much. Classical music sends me to sleep.
2--I don't believe you.
1--It's true.
2--You are funny!
1--So are you! How about another coffee?
===================================
注解：
1）black or white coffee：加糖或加牛奶的称作white
coffee.什么也不加的称作black coffee.
2）folk concert：民间音乐会。folk作“民间的”、
“具有民族传说的”解。如folk dance，folk music,
folk songs, folk tale等。
3）classical：经典的。如classical music, classical
literature等。
4）How about...?（你以为）...怎么样？征询对方的意见时
常用的句型。如，征询关于时间安排的意见时，可以说How
about tomorrow？征询活动内容时可以说How about playing
tennis now?征询人选意见可以说How about Jane?等
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