#331Listening: Fill in the BlanksAcademic,CoreMedium

China

Official Question Material
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Official Audio Prompt

China will become the world's safest and largest [blank] economy in times to come given the following factors: huge market [blank] , rich labor resources, comparative advantage in labor cost, sound corporate governance and stable government and society. All these factors will further attract the inflow of foreign [blank] into China. In short, China's economy will grow even faster in the future. In the next 15 years, China's [blank] will still increase at a rate of 7%-8%. In year 2020, should price index remain the same as today, GDP will amount to US $4.8 trillion, GDP per capita per capita will reach US $3,300.

Sample Answer & Audio Transcript

China will become the world's safest and largest investment economy in times to come given the following factors: huge market potential , rich labor resources, comparative advantage in labor cost, sound corporate governance and stable government and society. All these factors will further attract the inflow of foreign capital into China. In short, China's economy will grow even faster in the future. In the next 15 years, China's economy will still increase at a rate of 7%-8%. In year 2020, should price index remain the same as today, GDP will amount to US $4.8 trillion, GDP per capita per capita will reach US $3,300.
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