北京翻译公司金融汽车译 精诚翻译英文资料.docVIP

精诚翻译五折优惠中六年经验！先翻译后付费 Chapter 1 Introduction 1.1 Background and Significance of Research From the beginning of 2007, Chinese labour costs rose rapidly, which indicated that China was approaching the Lewis turning point (from the surplus of labor to labor shortages),the mode of economic growth which featured excessive dependence on physical capital and labor input could not be maintained anymore. Enterprises need to handle ost pressure through the improvement of productivity, and at the same time adapt to the new adaptment in global industry chain. With unexpected inflation nightmare, rising pork prices and food prices, the sign of rising labor costs was noticed. In the first half of 2007, average employee wages pig breeding sector increased by 8% compared with 2002, resulting to the profits in the industry. Rising prices of services is an important sign of increasing pressure of labor cost. In October of this year, home repair services and processing services prices rose by 8.6%, 1.9 percentage points higher than food prices growth in the same period. In fact, since 2001, price rise became the general trend in services sector. Enterprise complained about less profits which was caused by rising labor costs. In the first three quarters of this year, industrial added value for national enterprises above certain size rose 18.5% over the same period, average monthly wage for on-the-job workers in cities and towns rose by 18.8% in the same period. That is to say, labor costs increase may had been or even exceed the growth of enterprises’ overall production, with rising ex-factory price index of industrial products, human cost pressures would quickly spread to downstream consumption. Although in official statistics of wage growth, actual wage income growth may be overestimated, due to lack of data on organizations of smaller size and privately or individually-owned business. However, even in the textile industry which was famouse for its meagre wage, in th