新兴产业3.pptx

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1、Emerging Industries,Unit 6,Unit 3 Internet Finance 1,1 Lead in,Yue Bao is an investment product offered through the Chinese e-commerce giant Alibaba Group Holding Ltd.s third-party payment affiliate, A Co. Alipay began offering Yue Bao, which means “leftover treasure,”from June, 2013. Alipay users c

2、an put their money into the product, which invests in funds. There is no minimum amount, and customers can withdraw their cash anytime. Yue Bao funds are managed by Tianhong Asset Management Co.,1 Lead in,When an ordinary demand deposit in savings accounts at major banks offers an interest rate of j

3、ust 0.35 percent a year and Yue Bao offers a much higher annual interest and still allows depositors to withdraw their money at any time, the answer is pretty simple. Even if investors are willing to give up the right to withdraw on demand for a year, traditional banks are subject to the government-

4、imposed upper limit of 3.3 percent interest that banks can offer on one-year deposits. Basically, Yue Bao is a money-market fund thats pegged to corporate debt and government bonds, so the investment is safe.,2. Dialogue,Ben: Wow! Amy, can you believe it, I can earn several RMB a day without doing a

5、nything! Amy: Oh! How so? Whats that? Let me take a look. Ben: Well, this is called Yue Bao. Its essentially a money market fund, which there are already more than over two hundred just like the same types already on the market. Amy: So, why is it special? Ben: Well, Yue Bao removes barriers that ba

6、r in small investors like you and me from getting higher returns than normal bank deposits. Amy: You are right. Usually those wealth management products offered by banks require a minimum investment of 1 000 yuan and with higher return even demand a deposit up to 100 000 yuan. That is certainly beyo

7、nd my reach.,2. Dialogue,Ben: But you know what, Yue Bao is different. You can invest as little as 0.1 RMB, but of course if you want higher return, than is advisable that you invest 100 RMB. And you know what, you can withdraw your cash at any time. This is unimaginable for conventional funds that

8、offer do retail banks. Amy: Thats great. I cant wait to try it. Is that hard to operate? Ben: No, not at all. Actually all you have to do is go to your app store look for Alipay. Im sure you have heard of it. It is actually the prefer purchasing tool by Taobao shoppers. And you know what, when you d

9、ownload it to your phone, your phone becomes a virtual wallet. So look lets do five clicks and the money is transfer into my Yue Bao account. I finished.,2. Dialogue,Amy: Let me have a look. Oh, great. Ben: And you can set everything to automatic so that at the end of the day all the surplus get tra

10、nsfer right into your Yue Bao account Amy: How convenient! Ben: Indeed. And as you know what, Ive already invested a lot of my money into my Yue Bao account. So the sweetest thing is every day when I wake up in the morning, I just take a look at my smart phone and see that a small amount added to my

11、 account.,Language Points,bar: Withdraw Virtual surplus,Language Points,原句：Well, Yue Bao removes barriers that bar in small investors like you and me from getting higher returns than normal bank deposits. 1.bar 酒吧、方块状固体、拒绝进入 Whenever you hear the word “bar”, I am sure the first picture that comes in

12、to your mind is the place where beverages, especially liquors, or light meals are served to you. In fact, bar has a few other commonly-used meanings. It also denotes an oblong piece of any solid material, such as a chocolate bar. It can also be used as a verb as is used in our dialogue and it means

13、to prevent or forbid someone from doing something. For instance, “They barred her entrance to the club.” 原句：And you know what, you can withdraw your cash at any time. 2.withdraw 取钱 It means to to remove money from a bank account.,Language Points,原句：And you know what, when you download it to your pho

14、ne, your phone becomes a virtual wallet. 3.virtual 虚拟的 It means being on or simulated on a computer or computer network. So a virtual wallet is an electronic wallet on your phone rather than a real one. Recently, virtual reality or virtual realities (VR), also known as immersive multimedia or comput

15、er-simulated reality, has become a buzzword. It is a computer technology that replicates an environment, real or imagined, and simulates a users physical presence and environment to allow for user interaction. Virtual realities artificially create sensory experience, which can include sight, touch,

16、hearing, and smell. Most up-to-date virtual realities are displayed either on a computer monitor or with a virtual reality headset, and some simulations include additional sensory information and focus on real sound through speakers or headphones targeted towards VR users. 原句：And you can set everyth

17、ing to automatic so that at the end of the day all the surplus get transfer right into your Yue Bao account. 4.surplus 盈余 It means an amount that is more than the amount that is needed.,Knowledge Points,Deposit: A deposit is an amount of money that is put in a bank account. A transactional account,

18、checking account or current account means the depositor has the right to use the money at any time; a term deposit or time deposit or fixed deposit bears a fixed time and fixed interest rate.有缘学习更多+谓ygd3076考证资料 Barriers to entry: In theories of competition in economics, barriers to entry are obstacl

19、es that make it difficult to enter a given market. The term can refer to hindrances a firm faces in trying to enter a market or industry or those an individual faces in trying to gain entrance to a professionsuch as education or licensing requirements. In our context, barriers to entry means the min

20、imum amount of money required to purchase a conventional fund, which usually ranges from 1 000 yuan to 100 000 yuan. In some cases, the amount could be as high as 1 million yuan.,1) Immersive multimedia or computer-simulated life, also known as _, replicates an environment that simulates physical pr

21、esence in places in the real world or imagined worlds and lets the user interact in that world. A. VP B. VR C. VIP D. VPS 2) When a _ is purchased, the customer understands that the money can only be withdrawn after the term ranging anywhere from a month to a few years has ended or by giving a prede

22、termined number of days notice. A. fixed asset B. term contract C. term deposit D. Treasury bond 3) Chinese exports grew much faster than expected in January, producing the highest monthly _ in nearly half a year. A. trade surplus B. trade deficit C. trade volume D. bilateral trade 4) _ are factors that prevent or make it difficult for new firms to enter a market. The existence of them make the market less contestable and less competitive. A. Barrings to entry B. Barriers to entry C. Barriers to exit D. Barrings to exit,3. Exercise,