lesson 2 The Curtain Goes Up(1)

In the coastal cities, only factories where plant is being upgraded by foreign investment, enjoy the 15% tax rate (or less for target project such as transport, energy and telecommunications). Only “key equipment and other materials necessary for technical transformation which cannot be readily obtainable in China” will enjoy exemptions from customs duties prior to 1990, according to Gu. 在沿海城市，只有用外资更新设备的工厂才享有15 ％的税率（运输，能源及电信等目标项目更少）。 按照谷牧的说法，只有“技术改造必需的而且是在 中国不能轻易得到的重点设备与其他材料”，才在 1990年前享有关税免除权。

of living: 生活水平 Aspire: desire, long for 渴望 Take note of: notice 注意 Potential sale: 销售潜力 Domestic market: 国内市场
Standard

对于外商来说，进入拥有10亿消费者市场的 前景不再是白日梦。中国人－－尤其是农村 人口－－正变得富有，他们希望其生活水平 有明显的改善，他们渴望拥有彩电，冰箱， 卡车，洗衣机，和更好的收音机，自行车和 衣服。即使是地方厂商也注意到国内市场潜 在的巨大销售量。

Para 2 & 3
special economic zones (SEZs):经济特区 Treaty ports: 通商口岸 Incentive: inducement激励，动机 In piecemeal form: piece by piece； gradually 逐渐的 Assemble: form, establish China had adopted a step by step approach to the establishment of this foundation
Reasons for the 'confusion'
1).Areas
open to foreign investment
vary. 2).Different tax rates for different areas. 3) The major confusion was who had the authority to approve projects
Para 1
China has rolled up a large section of its bamboo curtain. Bamboo curtain: iron curtain，竹幕 China had declared itself open to the outside world 满怀信心的中国卷起了大部分的竹幕，向世界 宣布“对外开放”，几乎所有的城市都挂起邀 请外商来投资做正当生意的招牌。


Technical transformation:技术改造
Obtainable: available



Economic and Technical Development Zone: 经济 技术开发区 ETDZ Profit-remittance tax: 利润汇款税 Waive: give up Preferential tax rate: 优惠税率 Tourist enterprise: 旅游业 Service industry: 服务业 Is entitled to: furnish with the right to sth; is authorized to 享有…



So， while comprehensive framework for the country‟s modernization has been provided by the central committee‟s 21 October 1984 decision to reform the economic structure， it will be some time before the dust settles and local authorities and foreign investors can deal with one another in a systematic way. 因此，虽然中央委员会1984年10月21日的改革 经济结构的决定为该国的现代化提供了一个综合的 框架，但要等尘埃落定、要等地方政府与外国投资 者能有条不紊的打交道却还需要一段时间。
The Curtain Goes Up
Lesson 2
Background

For the two decades from 1958 through1978,China remained at a standstill.There was little economic growth and not much of a rise in the people's standard of living

CCETDC: 中国沿海城市经济技术开发集团 Taken literally， this does not make much sense as the parts of the coast which have not been “opened” are simply not ready for the demands of foreign businessman. 从字面上来理解，这没有太大的意义，因为还 没“开放”的沿海地区还没有为外商的需求做好准 备。

6)For foreign investors, the prospect of having access to a market of 1 billion consumers no longer seems like a pipedream.--- It is possible in the future for foreign investors to enter the Chinese market ---a market with 1 billion consumers. 'to have access to sth 'means„ to have the opportunity to approach or enteky people have access to the building. „a pipedream ‟is a dream that will never come true. Daydream 白日梦
Afflicting: bothering, troubling 困扰 China International Economic Consultants Inc. 中国国际经济咨询有限公司 Arm: branch Stir up: arouse 调动 Grassroot: basic level 基层 Economic structure: 经济结构 the dust settles： the confusion ends 尘埃 落定
But while the reasons for throwing 19 areas and cities open to foreign investment and technology transfer are clear, how the preferential systems will operate is not. This is due largely to the intensity of competition among the 19, coupled with the inexperience of most local authorities both in making decisions and in dealing with the outside world. 尽管为外资和技术转让而开放19个区域和城市的原 因是显而易见的，但是优惠体制将怎样操作却无从 知道。这主要是因为这19个区域的激烈竞争，再加 上大多数地方当局在制定决策和处理对外事务方面 缺乏经验。
From scratch: from the very beginning 从零 开始，白手起家 Production of goods: 商品生产 Private-housing estates: 个人居住的房地产 Cooperative enterprises: 合作企业 Wholly foreign-owned operations: 外商独资 企业 Capital goods 资本货物 consumer goods 消费品 Customs duties: 海关税

Scrapped: discarded报废 Combined industrial output:总的工业产量 Technology transfer: 技术转让 Preferential systems: 优惠体制 Coupled with: together with




In fact, Shantou among the SEZs, and some of the 14 coastal cities plus Hainan are not even equipped with administrative support or infrastructure to cope with the responsibilities which the central government has placed on them. 实际上，经济特区中的汕头，14个沿海城市 中的一些城市，再加上海南岛，甚至不具备 履行中央政府授予的职责所需的行政支持或 基础设施。