Unit 18 New Economy and E-commerce 新经济与电子商务 √Learning objectives 1.In this unit students will learn words and expressions related to e-commerce and new economy. 2.Students will be able to talk about the concepts and issues related to e-commerce and new economy,like e-commerce security,features of the new economy,etc. Background reading Notes: I,catch someone off guard:to surprise someone使某人吃惊 He's used to being interviewed and it seems that no question catches him off guard. 2. converge:to come together towards the same point汇聚；融合 Our interests appear to converge at this point. 3.diverge:to separate or go on in different directions分歧：岔开 This is where our opinions diverge(from each other) 4.adage:an old wise phrase;proverb谚语；格言 5.G7 countries:Seven of the world's leading countries that meet periodically to achieve a cooperative effort on international economic and monetary issues.The G-7 includes France,Germany,Japan,the United Kingdom,the United States, Canada and Italy.七国集团 6.OECD:Organization for Economic Cooperation and Development.An organization that acts as a meeting ground for 30 countries which believe strongly in the free market system,The OECD provides a forum for discussing issues and reaching agreements,some of which are legally binding..经济合作和发展组织 7.taper off:to slow down or decrease gradually Interest in the scandal seems to be tapering off. 8.virtual:Simulated;performing the functions of something that isn't really there 虚拟的 9.procurement:the acquisition(purchase)of goods,works and services which meet the customers'and service users'needs采购 lO.cohesiveness:the state or quality of cohering or sticking together凝聚力；凝聚 性 11.cross-holding of stocks:defined as the case where one company owns stock in a second company交叉持股 l2.fall apart:to break down;collapse崩溃；破裂；破碎Unit 18 New Economy and E-commerce 新经济与电子商务 3 Learning objectives 1. In this unit students will learn words and expressions related to e-commerce and new economy. 2. Students will be able to talk about the concepts and issues related to e-commerce and new economy, like e-commerce security, features of the new economy, etc. Background reading Notes: 1. catch someone off guard: to surprise someone 使某人吃惊 He's used to being interviewed and it seems that no question catches him off guard. 2. converge: to come together towards the same point 汇聚；融合 Our interests appear to converge at this point. 3. diverge: to separate or go on in different directions 分歧；岔开 This is where our opinions diverge (from each other). 4. adage: an old wise phrase; proverb 谚语；格言 5. G7 countries: Seven of the world's leading countries that meet periodically to achieve a cooperative effort on international economic and monetary issues. The G-7 includes France, Germany, Japan, the United Kingdom, the United States, Canada and Italy. 七国集团 6. OECD: Organization for Economic Cooperation and Development. An organization that acts as a meeting ground for 30 countries which believe strongly in the free market system, The OECD provides a forum for discussing issues and reaching agreements, some of which are legally binding. 经济合作和发展组织 7. taper off: to slow down or decrease gradually Interest in the scandal seems to be tapering off. 8. virtual: Simulated; performing the functions of something that isn't really there 虚拟的 9. procurement: the acquisition (purchase) of goods, works and services which meet the customers' and service users' needs 采购 10. cohesiveness: the state or quality of cohering or sticking together 凝聚力；凝聚 性 11. cross-holding of stocks: defined as the case where one company owns stock in a second company 交叉持股 12. fall apart: to break down; collapse 崩溃；破裂；破碎 1