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China-A senior business official has expressed the hope that stronger economic ties between China and the Association of Southeast Asian Nations will not be affected by territorial rows in the South China Sea.

"China is not willing to see an impact on economic and trade cooperation between China and ASEAN by the South China Sea dispute, which would be harmful to both sides," said Xu Ningning, executive deputy secretary-general of the China-ASEAN Business Council. But he did express concern that rising bilateral investment between China and ASEAN members may suffer if the situation continues to get worse.

Speaking at an awards ceremony for Chinese and ASEAN enterprises, Xu warned that Chinese and Southeast Asian investors may be concerned about their investment return if the tension continues. He said that although governments will try to maintain bilateral investment growth between China and ASEAN, it's up to the enterprises to choose their investment destinations and make specific investment plans, especially under sensitive conditions. "A closer economic relationship and more comprehensive trading cooperation will promote political relations of mutual trust between China and ASF,AN," Xu said.

At the East Asian summit in Phnom Penh, Cambodia, last week, ASEAN members, together with China and five other Asia-Pacific countries, announced the launch of talks on what could be the world's largest Regional Comprehensive Economic Partnership.

Guan Dengming, China's former ambassador to the Philippines, said that bilateral interests in terms of trade cooperation, are much bigger than the effects of territorial disputes and that the cooperative development between China and ASEAN would not be affected by the dispute.

In 2011, China-ASEAN trade reached $362.85 billion, an increase of 23.9 percent, compared with last year. By 2015, bilateral trade is set to reach $500 billion. According to the council, Chinese enterprises had invested $18.5 billion in ASEAN countries by the end of October of this year.

(Adapted from China Daily, November 30, 2012)

64. What is the best title for the passage?

A. Concern about China-ASEAN investment

B. Plan to improve China-ASEAN relationship

C. Hope for better China-ASEAN economic links

D. Effect on territorial dispute in the South China Sea

65. Which of the following statements is TRUE according to the passage?

A. China-ASEAN did nothing at the East Asian summit.

B. Interests of trade cooperation overweigh the dispute.

C. Governments will help the enterprises to decide their investment.

D. There has been a decrease in China-ASEAN trade development.

66. What can we infer from the passage?

  A. China-ASEAN trade reached $362.85 billion.

  B. Governments try to maintain China's investment growth.

  C. The investor$ may be concemed about their investment return.

  D. China and ASEAN will benefit politically through better economic ties.

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  Ten years ago, Pierre Omidyar, a software engineer working in California’s Silicon Valley, began thinking about how to use the internet for a trading system in which buyers and sellers could establish a genuine market price.Over a long holiday weekend he wrote the computer code.At first, a trickle of users arrived at his website-including his girlfriend, who traded PEZ candy dispensers.By the end of 1995, several thousand auctions had been completed and interest in eBay was growing.And it grew and grew.From this modest beginning, eBay has become a global giant, with around 150m registered users worldwide who are set to buy and sell goods worth more than $40 billion this year.

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What is the purpose of the first paragraph?

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To introduce the founder of eBay and his girlfriend.

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To demonstrate how clever the founder of eBay is.

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To show how eBay started and has grown.

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To introduce eBay to people.

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Which of the following best summarizes Pierre Omidyar’s intention with regard to eBay?

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To set up a global internet business.

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To allow people to freely buy and sell on the internet at acceptable prices.

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Which of these is it NOT necessary for a company selling on the internet to do?

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Be able to change to suit the prevailing market conditions.

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What does “barriers to entry are still low compared with those for most offline businesses” in paragraph 3 mean?

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Why does the article conclude that the internet “is a dangerous place to do business”?

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Because companies that sell online may be unreliable.

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Because there are no controls on doing business on the internet.

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Because doing business online is unpredictable.

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What is the purpose of the first paragraph?

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To introduce the founder of eBay and his girlfriend.

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To demonstrate how clever the founder of eBay is.

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To show how eBay started and has grown.

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Which of the following best summarizes Pierre Omidyar's intention with regard to eBay?

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To set up a global internet business.

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To set up a mechanism on the internet to allow people to trade at true market prices.

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A.

Have the most competitive price for each of their online products.

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Be able to change to suit the prevailing(流行的,优势的)market conditions.

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It is easier to set up an internet business than a conventional one.

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Internet trade is growing faster than traditional business sector.

C.

It is cheaper to set up an internet business than a traditional one.

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Companies generally prefer to do business online rather than offline.

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Why does the article conclude that the internet “is a dangerous place to do business”?

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A.

Because companies that sell online may be unreliable.

B.

Because there are no controls on doing business on the internet.

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Because doing business online is unpredictable.

D.

Because even companies like eBay have problems doing business online.

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