[00:03.58]M:Section I Listening Comprehension
[00:08.15]Part A Directions:
[00:11.81]you'll hear a conversation in which Mrs.Long and Dr.Ross
[00:17.76]are negotiating an electric project.
[00:22.02]Listen to it and
[00:24.97]fill out the table with the information you've heard the Questions1-5
[00:30.93]Some of the information has been given to you in the table.
[00:35.68]Write only 1 word or number in each numbered box.
[00:40.96]You now have 25 seconds to read the table below.
[00:46.71]W:Now,Mr.Ross,we were talking
[00:52.32]last time we met about your ideas about this electronics project.
[00:58.20]M:Well,it's rather a simple project.
[01:02.46]It would consist of only one production line at the beginning,
[01:07.71]but we could expand it in time,of course.
[01:12.25]W:How much of a financial outlay?
[01:16.23]M:Including loans?
[01:19.78]I'd say in the area of 1 million US dollars. W:I see.
[01:25.52]M:How much would China be prepared to invest in this kind of a
[01:30.70]project if we went ahead,that is
[01:34.77]W:As a general practice,we lay out about 51% of the total investment.
[01:41.83]This includes,of course,cash,factory
[01:45.77]buildings,the right to use the site,things like that.
[01:50.52]M:I suppose we would be responsible for the machinery and other capital equipment
[01:57.29]How does one arrive at the true value of the factory buildings?
[02:02.85]W:Good question.We ascertain such matters through joint assessment.
[02:08.81]Together we get an impartial assessment of property value.
[02:14.06]M:Is there any regulation regarding the foreign
[02:18.71]party's share in the registered capital?
[02:22.79]W:Generally not less than 25%.
[02:27.36]The rest can be obtained through bank loans.
[02:32.22]M:That seems reasonable.
[02:35.45]Now,let's talk again about the time frame.
[02:40.21]How long does the venture run?
[02:43.76]W:How long do you want?
[02:46.92]M:As it's a small venture,I would suggest 10 years to start with.
[02:53.19]W:The contract could be extended if both sides agreed.
[02:58.65]M:How long do the Board members serve?
[03:03.01]W:Four years.
[03:06.28]M:The chairman is the legal representative
[03:10.93]W:Yes.A management office would be established and would be
[03:16.28]responsible for the day-to-day running of the joint venture.
[03:21.14]So far as the management is concerned,you might
[03:25.40]appoint the manager and the chief engineer of the project,
[03:30.44]and we might appoint their deputies.
[03:34.60]M:The workers would all be Chinese,I presume? W:Oh,yes. |