Passage 2
Smooth Ride on the Road to Success
Dubai is concentrating on consolidating its position as the region's leading location for trade,business and pleasure and entertains few thoughts of changing a winning formula. In early November,
Passage 2
Smooth Ride on the Road to Success
Dubai is concentrating on consolidating its position as the region's leading location for trade,business and pleasure and entertains few thoughts of changing a winning formula. In early November, customs officials ruled out any increase in the current four per cent import tariff, even though other GCC members have been calling on the UAE to raise levies, so that a uniform customs duty can be established. Govemment officials have also been quick to dismiss any suggestions that the emirate plans to introduce some form of income tax.
As the heavy investment continues in infrastructure, tourism and business conferences, Dubai is working on polishing its image. On the business front, the goverment is leading by example.In the interests of greater transparency, state-owned organizations like Emirates airline have started to publish financial results.The authorities are also working to ensure that services are delivered professionally.
The range of economic activity remains one of the UAE's great strengths in combating the periodic downturns in the oil market. Nevertheless it is widely acknowledged that the oil price continues to have a disproportionate bearing on the economy's well being and that further diversification is required.Strong emphasis is attached to the development of non-oil activity,whether it would be through joint stock investment companies, like the recently-formed Duba Investments, govemment agencies such as the UAW Offsets Group or private sector initiatives.
The attitude of the local private sector towards industrial investment varies considerably,although there are signs that more investors are becoming aware of its commercial benefits. "The old generation is still into real estate Says EBI's al-Jallaf. "Whenever they have some spare cash, they will invest it in land, as they consider it safe But here is also a whole new younger generation coming along, who knows that industry can deliver. What they tend to is to set up some venture which runs parallel to their trading activities.
51.The younger generation has different investment idea with the old generation.
A、True
B、False
【正确答案】:A
【名师解析】:题目中提到了不同代际在投资观念上的差异。文中指出,"The old generation is still into real estate",表明老一代人倾向于投资房地产,认为这是一种安全的投资方式。而文中也提到了年轻一代的投资者,他们认识到工业投资的商业利益,并且"a whole new younger generation coming along, who knows that industry can deliver",意味着年轻一代开始意识到工业投资的潜力,并可能将投资扩展到工业领域。因此,根据这些信息,选项A "The younger generation has different investment idea with the old generation" 是正确的。
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