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单选题中国工商银行

2016-05-11

Questions refer to the fol1owing letter.
January 15
Esther Chen
555 Queens Road
Leeds, England
Dear Dr.Chen
Thank you for your letter.We understand that you have decided not to ___99_ your subscription to international medicine.We are truly sorry to lose you as a subscriber.As you know, most other journals in the field focus on specialized research topics, with little _100__ to day-to-day medical care.Our magazine is one of the few to feature new advances in both medical research and clinic at practice.
We would like to offer you a 40 percent discount on one year's subscription.Plus, if you contact our subscription office before January 30, we will send you any issues you have missed free of charge.Please mention my name in order for your discount to be applied _101 .
We hope to hear from you.
Sincerely,
Robert Goldberg
Vice President, Subscriptions Department
_____

A．renew

B．review

C．supply

D．include

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参考答案

C

答案解析

supply your subscription意为“提供你的捐助”。

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3 Questions refer to the following passage.
Rising wages — together with currency fluctuations and high fuel costs—are eating away the once-formidable "China price" advantage, prompting thousands of factory owners to flee the Pearl River Delta. Much has been written about the more than doubling of wages at the Shenzhen factory of Foxconn, the world's largest electronics contract manufacturer, which produces Apple iPhones and iPads and emp10ys 920,000 people in China a10ne."One can talk about a world pre-and post-Foxconn," says Victor Fung, chairman of Li & Fung, the world's biggest sourcing company and a supplier of Wal-Mart."Foxconn is as important as that."
Foxconn's wage increases are only the most dramatic. Our analysis suggests that, since February, minimum wages have climbed more than 20 percent in 20 Chinese regions and up to 30 percent in some, including Sichuan. At a Guangdong Province factory supplying Honda, wages have risen an astonishing 47 percent. All this is bad news for companies operating in the world's manufacturing hub, and chief executives should assume that double-digit annual rises- if not on the scale witnessed this year-are here to stay.
Looked at another way, however, wage inflation provides companies with a once-in-a-
generation opportunity to rethink radically the way they approach global production - and they should do so sooner rather than later.
Why the urgency? After all, wage hikes in China are nothing new. Since 1990, they have risen by an average of 13 percent a year in U.S.dollar terms and 19 percent annually in the past five years.
There are two big reasons and the situation is different now. The first has to do with productivity. Over the past 20 years, productivity increases have broadly matched wage increase, negating their impact. The pay rises came from a very 10w base, so while average wages grew 19 percent a year from 2005 to 2010, this amounted to only ￥260 a month per emp10yee, a sum that could be offset by more efficient production or switching to cheaper sources of parts and materials.
If labor costs continue, however, to increase at 19 percent a year for another five years, monthly wages would grew ￥623 per month, according to BCG estimates. Such an increase would ripple through the economy in the form of higher prices for components, business services, cargo-handling and office staff.
The second reason relates to societal change. Until now, it has been easy to lure a seemingly unlimited number of young, 10w-wage workers to the richer coastal regions and house them cheaply in dormitories until they saved enough to return home to their families in the interior provinces. In the future, though, young workers will be harder to recruit. This is partly because there will be fewer of them: Largely because of the country's one-child policy, the number of Chinese aged 15 to 29 will start declining in 2011.Moreover, with living standards rising across China, fewer of today's rural youth will want to go to coastal regions to toil for 60 hours a week on an assembly line and live in a cramped dormitory.
So what can CEOs do in this fast-changing environment? An instinctive reaction is to search for cheaper labor elsewhere. But this is short-sighted and would provide -at best-a short-term fix. Another option is to stay in China and try to squeeze out greater productivity gains.
According to paragraph 1 and 2, we can summarize that （　　）.

A．China will always boast a very impressive price advantage around the g10be

B．Foxconn's rising wage is just a one-sided case

C．Souring wages has improved a widespread impact on foreign companies

D．Foxconn is a manufacturer of great significance to China

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