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第三单元 金融贸易 Finance and Trade
口译练习
英译汉
Passage 1
I am very pleased to be back at the Xiamen International Investment Fair again. The level of interest and attendance recognizes the Fair's importance and high standing with the international investment community. I congratulate MOEFEC and all those concerned with organizing the Fair, including of course the Xiamen authorities. //
When I was here last year we were on the threshold of China's entry to WTO. This year membership is a reality. That is one of the most significant developments to occur on the world stage in recent times. It takes a huge step furthering the process of integrating China into the world economy. There will be difficulties for Chinese companies and their employees in some sectors, particularly the SOEs, in adjusting to international competition. That is inevitable. But I believe that once those transitional difficulties are overcome, the positive benefits for China and for world trade will be immense. I admire the courage and the vision of China's leaders and people in picking up this challenge. //
This year's theme is the role of international investment in creating a competitive advantage. In Britain we are thoroughly persuaded of that role. Our experience of inward investment is wholly positive. Total inward investment to the UK has now reached some~500 billion. It has created nearly 160,000 new jobs in Britain in the last three years alone. It has helped us develop and modernize our industrial base. It has introduced new products and processes. It has brought in technology and management expertise. No wonder we are whole-heartedly in favor of it! //
Inward investment did not just come to us by chance. We had to work hard to create the right climate for it. Why did countries choose to invest in Britain? We are a stable country. We have a strong rule of law. We have a minimum of red tape for foreign investors. We freed up our market more than our continental European neig
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