The city of Zibo has fought its way out of the fierce competition among Chinese
Since March, the city has taken the Internet by storm.
According to data by the commercial bureau, since March the Zibo barbecue stores
The success of Zibo has been
As the Zibo barbecues became a hit, the government has seized the opportunity
2 . AI, 5G and other digital technologies are not only changing our lives but shaping the economy as well. China’s six major commercial banks are stepping up digital wallet efforts to provide new trend for the e-CNY (电子人民币) trials in the country. The purpose, China’s bankers said, is not aimed at taking the place of privately-run payment platforms, such as Alipay and WeChat Pay. Instead, this official electronic payment system is being done so that all cash in circulation(流通)can be followed.
Compared with Alipay and WeChat payments, e-CNY features anonymity(匿名) and security. E-commerce platforms that accept payments via e-CNY will not have access to users’ personal information. E-CNY users can open an anonymous digital wallet by registering a mobile phone number, and their information won’t be revealed to any third-party institutions. E-CNY users’ privacy protection is at the highest level among all the existing payment tools.
Similar to Alipay and WeChat payments, using e-CNY requires an account. After getting the other party’s account number, users can enter the amount of digital money to be paid and then enter the password to complete the transaction(交 易). However, the processes behind these transactions are different. For electronic payments, the money has to go through a third party, and the receivers will get the money only when they withdraw it from banks. But e-CNY transactions only need a payer and a receiver. Therefore, it guarantees risk-free payments, helps prevent financial crimes and improves the efficiency of transactions.
In simple terms, e-CNY can be considered “money”, while electronic payments are like “wallets”. The successful launch of the e-CNY may change the existing market structure, which is mainly dominated by Alipay and WeChat Pay now. The banks may return to a leading position in the digital currency system. But China’s central bank won’t get more money into circulation, since every yuan issued digitally will basically cancel one yuan circulating in physical form.
1. Why are commercial banks in China making efforts on e-CNY trials?| A．They aim to cut down the use of bank cards. |
| B．They want to get rid of paper currency. |
| C．They intend to track the cash in circulation. |
| D．They plan to replace privately-run payment platforms. |
| A．People won’t worry about their private information exposure. |
| B．People can finish the transaction without any password. |
| C．People can do the transaction at a very low fee. |
| D．People can withdraw money from banks free of charge. |
| A．designed | B．accessed | C．controlled | D．neglected |
| A．More e-CNY in circulation will disturb the normal economy. |
| B．The e-CNY will shake the position of real paper money. |
| C．The e-CNY has a promising future. |
| D．The e-CNY has the equal functions as the paper currency. |
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Good morning, everyone! I feel honored to be stood here, sharing my opinions with the relationship between the environment and the economy.
Personal, environmental protection seems able to go hand in hand with economic development. For one thing, it's unavoidable to damage the environment that while we develop the economy. For another, environmental protection, in turn, limiting the development of our economy.
Undoubtedly, it's your duty to protect the environment while we aim for economic development. We should ensure the development strategies are followed in the environmentally friendly way. Everyone can help fight pollutions by the following golden rule reduce, reuse and recycle. Only in this way can a balance between the environment and the economy achieved.
4 . Can people in developing countries benefit from free trade? I quite think so. The most common advantage of free trade is fewer or no barriers between countries. This allows a freer flow of labor and goods between member countries. As free trade agreements become more common around the world, the positive influence on developing countries has been considered as one of the greatest successes of them. There are several advantages for developing countries that take part in free trade.
As developed countries are able to move their operations into developing countries, new job opportunities open up for local workers. Increased levels of employment lead to a higher standard of living and more consumer purchasing. This finally does good to the country's economy and may help to develop locally-owned businesses. As locally-owned businesses develop, more local people can find jobs there.
Child labor exists in developing countries for many reasons, but one of the main reasons is lack of technology. Free trade allows companies to spend more money on equipment and pay higher wages to adult workers. With higher family incomes, children are able to attend school rather than work.
Not only does free trade allow foreign-owned companies to establish themselves in developing countries, it also allows native companies to sell products to foreign markets. This is particularly true for small businesses in developing countries. These companies no longer have to worry about barriers to market entry and can sell their products freely.
An increase in employment levels and incomes in developing countries can lead to better medical care there. The final result is an increase in the average life span and a drop in infant deaths.
As is shown above, we can say that free trade really benefits developing countries.
1. What does the underlined word "them" in Paragraph 1 refer to?| A．Positive advantages. | B．Developing countries. |
| C．Free trade agreements. | D．Barriers between countries. |
| A．more higher-skilled jobs | B．higher employment rates |
| C．higher market competitiveness | D．more foreign-owned companies |
| A．don't have to work | B．can receive higher wages |
| C．don't have to attend school | D．can learn more about new technologies |
| A．Small businesses can get more skilled employees. |
| B．Free trade provides small businesses with new markets. |
| C．Foreign-owned companies can sell their products to developing countries. |
| D．Free trade can lead to greater competition between foreign and local companies. |
5 . In business, as in life, good leaders hope for the best and plan for the worst. There’s a reason that experts refer to the regular expansion and contraction of the economy as the business cycle.
Even producers of the most recession-proof products—toiletries, beer, funeral services—need to consider how rising and falling consumer sentiment will affect their bottom line.
Of course, timing the next downturn is easier said than done. So as we head into a new year, we reached out to the Fast Company Impact Council—a leadership group of 200 founders, executives, and creatives—to gauge how some of the smartest and most innovative people in business are thinking about a possible recession.
About 4 in 10 respondents told us they expect the global economy in 2020 to perform about the same. But remarkably, nearly 45% predicted that the next 12 months would be worse for business. Only 16% said that the global economy would be better.
Impact Council members were more like-minded about the timing of the next downturn. While 21% predicted a recession would hit in 2020, the majority (54%) said it would likely arrive in 2021, after the next presidential election. About 15% responded that the next recession would come in 2022. Only 1 in 10 said the economy would continue to grow until 2023 or later.
1. In business, what is a good leader hope for?| A．Earn lots of money as possible. | B．Make the best plan for the worst. |
| C．Sell out the whole products. | D．Predict the economic trends in the future. |
| A．nearly 45%. | B．less than 15%. | C．over 54%. | D．only 16%. |
| A．In 2020. | B．In 2021. | C．In 2022 . | D．In 2023. |
| A．Predict about the future economy. | B．the growth of the future economy. |
| C．Recession in economy. | D．How to be a good economic leader . |
6 . The sharing economy has grown in recent years to include everything from apartment sharing to car sharing to community tool sharing. Since 2009, a new form of sharing economy has been appearing in neighborhoods throughout the US and around the world—— Little Free Library. The libraries are boxes placed in neighborhoods from which residents can withdraw (取出) and deposit (存入) books. Little Free Libraries come in all shapes and sizes. Some libraries also have themes, focusing on books for children, adults, or tour guides.
In 2009, Tod Bol built the first Little Free Library as a gift to his mother, who was a devoted reader. When he saw the people of his community gathering around it, exchanging conversation as well as books, he knew he wanted to take his simple idea further. “I think Little Free Libraries open the door to conversations we want to have with each other,” Bol said.
Since then, his idea has become a movement, spreading from state to state and country to country. According to Little FreeLibrary.org, there are now 18,000 of the little structures around the world, located in each of the 50 US states and 70 countries in Europe, Africa and Asia.
The Internet has helped to spread Little Free Libraries. But an Atlantic article says the little structures serve as a cure for a world of e-reader downloads. The little wooden boxes are refreshingly physical and human. For many people, the sense of discovery is Little Free Libraries’ main appeal. “A girl walking home from school might pick up a graphic novel that gets her excited about reading; a man on his way to the bus stop might find a volume of poetry that changes his outlook on life,” says the Atlantic article. “Every book is a potential source of inspiration”.
1. How do Little Free Libraries get their books?| A．The communities bought them. | B．Tod Bol donated them. |
| C．US government provided them. | D．Citizens shared them. |
| A．They can offer neighbors more chances to talk. |
| B．He was inspired by the sharing economy. |
| C．He wanted to promote his idea worldwide. |
| D．They are a gift to please his mother. |
| A．Little Free Libraries are more popular than e-reader downloads. |
| B．E-reader downloads are undoubtedly beneficial. |
| C．Little Free Libraries are physical and human. |
| D．The Internet has helped to spread Little Free Libraries. |
| A．they are in various shapes and sizes |
| B．they are located all over the world |
| C．they connect strangers together |
| D．they may give readers a sense of discovery |
