保税区 bonded area
不正当竞争 illicit competition
承包责任制 contract responsibility system
城市旧区改造 makeover for an old downtown area
出国热 craze of going abroad
传呼电话 neighbourhood telephone answering services
打“白条” issue an IOU
道德法庭 conscience forum
德智体美全面发展 develop morally, intellectually, physically and aesthetically
第二职业 second employment; second occupation
第三产业 tertiary industry
“第三者” the other person
第三梯队 third echelon
对内搞活，对外开放 enliven the domestic economy and open up to the outside world
多种经营 diversified economy
港人治港 Hong Kong people govern Hong Kong
高架道路 viaduct; elevated highways
搞活经济 invigorate /enliven / liberalize the economy   
感情投资 invest in human relations
改革开放 reform and open up (to the outside world)