亲爱的朋友们，大家好！Welcome back to Keke English, BEC World, This is your friend, Charlie. In this section, I would like to share some amazing materials on Business English Certificate with you, which might give you some insights about the test.

TODAY’S TOPIC
Knowledge Economy

1. There used to be security in thinking that somewhere there was a product, something you could touch and see. Now there are new markets in abstractions, trade in ideas and knowledge.

2. But today we stand at the threshold of a new era. The information economy has matured and become smarter. According to business commentators, we are now living in a knowledge economy.

3. There has always been a market for knowledge, of course. The publishing industry is based on it. But today the internet is making the distribution of knowledge ever easier.

4. Knowledge has a distinct advantage in today’s marketplace: it’s a renewable resource. Better yet, its worth actually increases. Knowledge is the only asset that grows with use, and it is experiential information, intelligence applied through and gained from experience.

5. The value of knowledge often depends on variables such as time and the credibility of the seller.

6. Markets in knowledge will be significant: for one thing, they represent one of the most original uses of the web technology.

7. We offer food service professional interactive support to increase sales and profits. People don’t want another one-dimensional site full of advertising that doesn’t help them to do their job more effectively.

8. It has to be customized, offering real solutions to real problems, and that’s why our customers trust us and set up long-term business relationships with us.

Knowledge economy 知识经济
A new era 一个新时代
Commentator 评论员
A market for 一个•••（产品）的市场
The publishing industry 出版业
Renewable resources 可再生资源
Web technology 网络技术
Customized 定制的 用户化的

All right, I think it time to call it a day, let’s discuss something tomorrow, hope you find this useful, good bye.