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(单词翻译:双击或拖选)
Mainland and Macau Closer Economic Partnership1 Arrangement Signed
The CEPA process got underway in 2003 with the signing of an initial agreement.
It came into full force a year later.
That agreement has been augmented2 by a series of supplements, further liberalising trade.
This latest chapter opens up another 153 service trade sectors3 in the Mainland to Macau by the begining of June next year.
Most notably4, CEPA is making it easier for Macau's service providers to enter the mainland Chinese market by initiating5 a record management mechanism6, cutting red tape and boosting the efficiency of administrative7 management.
Ministry8 of Commerce Deputy Minister Wang Shouwen explains.
"The 'blacklist' created by the Mainland would, to a certain extent, bring convenience to those service providers who are off the list, since they don't have to go through a tedious process of examination like before. The Mainland would put more effort into screening those service providers who are on the list."
Among recent supplements to the initial deal, perhaps the most important was the Guangdong Agreement, which allowed 62 service trade sectors from Macau the same access rights as mainland providers.
This has made Macau's market expansion in the Mainland easier, and at the same has diversified9 the nature of economic development.
Liang Weite, Secretary for the Economy and Finance of Macau, adds two further important points.
"There is no doubt this agreement is beneficial to enterprises from Macau. We will do more research on how Macau should take advantage of CEPA and expand its market in the Mainland. For one thing, I believe making sure the agreement can be implemented10 on time is of great significance. For the other, more promotion11 work should be done to ensure the service providers in Macau make full use of this opportunity."
The Macau Special Administrative Region (SAR) has been working to rid its economy of an over-dependence on gambling12, and is seeking to develop the city in other ways.
For CRI, this is Li jianhua.
1 partnership | |
n.合作关系,伙伴关系 | |
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2 Augmented | |
adj.增音的 动词augment的过去式和过去分词形式 | |
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3 sectors | |
n.部门( sector的名词复数 );领域;防御地区;扇形 | |
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4 notably | |
adv.值得注意地,显著地,尤其地,特别地 | |
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5 initiating | |
v.开始( initiate的现在分词 );传授;发起;接纳新成员 | |
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6 mechanism | |
n.机械装置;机构,结构 | |
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7 administrative | |
adj.行政的,管理的 | |
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8 ministry | |
n.(政府的)部;牧师 | |
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9 diversified | |
adj.多样化的,多种经营的v.使多样化,多样化( diversify的过去式和过去分词 );进入新的商业领域 | |
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10 implemented | |
v.实现( implement的过去式和过去分词 );执行;贯彻;使生效 | |
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11 promotion | |
n.提升,晋级;促销,宣传 | |
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12 gambling | |
n.赌博;投机 | |
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