l3.render::cause to become使成为；致使 l4.cozy:close;friendly;intimate密切的；互相勾结的（贬义） l5.reps:representatives代表 l6.hallmark:a distinctive characteristic or attribute显著特征 17.deregulation:the removal of government controls from an industry or sector,to allow for a free and efficient marketplace放松管制 l&.uptake:understanding,apprehension掌握；理解 Answer to comprehension questions: 1.What is the direct contribution of ICT equipment and software production to growth? The contribution of ICT to US growth from 1996 to 1999 was more than 20% (1.1 percentage points out of a growth rate of 4.9 %)For the two other Anglo-Saxon G7 countries,the United Kingdom and Canada,the picture was similar.And despite all the talk that technology would put workers out of jobs. these dynamic economies have reduced their unemployment rates to among the lowest in the OECD area. 2.What is the total impact ICT equipment and software production on the deeper reaches of the US economy? Productivity figures provide a clue.The long-term trend in productivity was 1.4% growth per year between 1973 and 1995.This figure more than doubled to 2.9% after 1995.The timing of this trend-change coincides with the emergence of electronic commerce. 3.What effect will ICT have on conventional industrial sectors and on national competitiveness? Take company procurement,for example,of parts,components,raw materials and fuels.The Internet has opened up the possibility of doing business with the best possible suppliers,no matter where they are located.A deal can be concluded in several minutes,without the need for costly business trips. 4.Why is outsourcing the hallmark of new economy? As the industry and service sectors embrace electronic commerce more fully, dislocation of redundant white-collar workers will occur on a large scale.In order to survive,white-collar employees will have to develop new skills and expertise. They may even have to "outsource"themselves.Primarily used in advertising and publishing,outsourcing is now spreading into the central functions of firms,such as personnel and cash flow management. Translation of background reading 电子商务：一场有力的革命 信息通讯技术和电子商务不仅开始改变商业的模式，而且影响了世界经济的 结构。 美国的表现突出，令众多竞争对手猝不及防。事实上，全世界的决策者们一 213. render: cause to become 使成为；致使 14. cozy: close; friendly; intimate 密切的；互相勾结的（贬义） 15. reps: representatives 代表 16. hallmark: a distinctive characteristic or attribute 显著特征 17. deregulation: the removal of government controls from an industry or sector, to allow for a free and efficient marketplace 放松管制 18. uptake: understanding; apprehension 掌握；理解 Answer to comprehension questions: 1. What is the direct contribution of ICT equipment and software production to growth? The contribution of ICT to US growth from 1996 to 1999 was more than 20% (1.1 percentage points out of a growth rate of 4.9 %). For the two other Anglo-Saxon G7 countries, the United Kingdom and Canada, the picture was similar. And despite all the talk that technology would put workers out of jobs, these dynamic economies have reduced their unemployment rates to among the lowest in the OECD area. 2. What is the total impact ICT equipment and software production on the deeper reaches of the US economy? Productivity figures provide a clue. The long-term trend in productivity was 1.4% growth per year between 1973 and 1995. This figure more than doubled to 2.9 % after 1995. The timing of this trend-change coincides with the emergence of electronic commerce. 3. What effect will ICT have on conventional industrial sectors and on national competitiveness? Take company procurement, for example, of parts, components, raw materials and fuels. The Internet has opened up the possibility of doing business with the best possible suppliers, no matter where they are located. A deal can be concluded in several minutes, without the need for costly business trips. 4. Why is outsourcing the hallmark of new economy? As the industry and service sectors embrace electronic commerce more fully, dislocation of redundant white-collar workers will occur on a large scale. In order to survive, white-collar employees will have to develop new skills and expertise. They may even have to “outsource” themselves. Primarily used in advertising and publishing, outsourcing is now spreading into the central functions of firms, such as personnel and cash flow management. Translation of background reading 电子商务：一场有力的革命 信息通讯技术和电子商务不仅开始改变商业的模式，而且影响了世界经济的 结构。 美国的表现突出，令众多竞争对手猝不及防。事实上，全世界的决策者们一 2