Suggested answer: (127words)

　　The last years of twentieth century saw theInternetbeing used by more and more companies asabusiness tool. In 1997 e-commerce was verylimitedearning a revenue of less than $25 billion.However, since then, there has been a steadygrowthworldwide. This trend looks set to continueinto thenext century with revenue from e-commerce risingto reach almost $200 billion by2003.

　　Like e-commerce, e-business has shownsteadygrowth with revenue tripling in the period1997 to 2000, rising from about $50 billion to $150billion. However, during there is predictedto be a far more dramatic increase in e-businessrevenue over the next three years. It isthought that by 2003 revenue from e-business willhave reached over $800 billion worldwide.

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　　Business practices in China Ex 3: Sample answer: (244words)

　　Dear Chen，

　　I was very pleased to receive your letter. Asrequested, I enclose some advice aboutvisitingMilan.

　　There are lots of good hotels near the Fiera and Irecommend the Hotel Wagner; it is about aten-minute walk from the trade fair and also has themetro and train connections. The publictransportsystem here is quite reliable and I do not think youneed to hire a car; the traffic inMilan can be a bit chaotic.

　　Finding somewhere to eat in the evening should be easy. There are plenty of restaurantsandpizzerias near the hotel. My favourite is Nove Cento, which serves excellent seafood pasta.

　　It is difficult to know what to recommend for sightseeing as the city has so much to offer.Ifyou are interested in art, then the world famous ‘Last Supper' by Leonardo da Vinci is ashorttrain ride from the hotel or you could visit the Brera art gallery. There is also theDuomo,Milan's huge gothic cathedral. If you are interested in football, there should bemidweek matchfeaturing either AC or Inter Milan. Alternatively, you could visit the fashion areaaround viaMontenapoleone.

　　Thank you for inviting me for a meal one evening during you stay. I would be very happytoaccept.

　　I look forward to hearing from you nearer the time. We can then make the arrangementsforwhere and when we are going to meet.

　　Best regards

　　Maurizio