APEC Summit in Shanghai

pute settlements system, China will 15)cement economic reforms that have been 16)unilaterally put into place over more than 20 years. Moreover, in embracing the WTO, Beijing has accepted that openness for trade in goods and services is critical to ensuring a prosperous future for her citizens. Exposure to competition will not be easy, but it will ensure that China and its enterprises become more efficient and more productive. The beginning of the opening up of China in 1979 was one of the 17)hallmark events of the 20th Century. I am confident that when historians reflect on China’s entry into the WTO, they will rank this as one of the most significant events of the 21st, both for China, for the WTO and for the world. Listening Comprehension Listen carefully to the following paragraph after you hear the beeps,fill in the blanks with the numbers you hear. Unemployment in the third quarter of the year rose to 5.3%.This is an increase of From June till August when the jobless rate stood at .Nearlly more people are unemployed since the last announcement taking the totals to .The undrermployment rate for the same period rose by to .CE