Passage 3As a manager in the service industry sector, I've looked at hundreds of CVs in my time. They are not necessarily the bland documents some bosses mignt think they are! They are full of little pointers towardsindividuals* personalities and suitability for the job. The first thing I always look at is an applicant's employment record. I check for continuity and stability. If somebody has a long list of precious jobs, all of warying length, alarm bells start ringing.Rather than an irregular route from job, what I hope to see is stable career progression. What does their career path look like—is it all steps forward, or are there a lot of sideways moves? And I am always pleased to find a family person with children, because in my experience they tend to be responsible and reliable.I never rely on CVs alone. We get applicants to fill in one of our own application forms. We ask why they've applied, what their aspirations and personsl goals are, and also about their interests and hobbies and any clubs they belong to.That gives you a useful insight into thier personality and lifestyle. The application form also enables to test how much people have actually been progressing in their careers. because we ask for details of the salaries they have received for each job.It's always worth looking at CVs and designing application forms with great care. Taking on employees might be rewarding, but it is also a big investment for any business. Mistakes in choosing staff can cost companies dear, so it makes sense to spend time ensuring you get the right person.In the service sector, one of the aims of companies is to maintain and improve customer service, and this is achieved partly through low staff turnover. You need to take on people who understand that, and will want to stay. That’s why, when you’ve taken staff on, the next thing is getting the best out of them.My management style comes from the days when I took over my first business, an ailing road haulage firm which I was certain I could turn into a profitable company. The first thing is to treat others as you'd like to be treated yourself. As soon as I took over the business, I talked to everybody individually, and looked for ways to make sure their particular skills benefited the company.I didn't have much experience then of managing people, but above all I always tried to be fair and honest with everyone. As a result, I think the staff knew that and accepted my decisions, even if they didn't agree with them all. Also, bosses must be able to communicate. You also need to create team spirit, and build on the strength of the team. I explained my plans for the company to all the staff, and let them all know what I needed from them. The lorry drivers responded brilliantly, and were the key to turning the business round. They understood that we had to develop a professional reputation, and from then on the days of poor quality deliveries were over.Lastly, I am a great believer in profit-sharing. It takes a team to make a company work, so profits should be shared by all. Job satisfaction is important, but it doesn't pay the rent. Shared profit and bonuses help to strengthen team spirit by giving everyone a common goal that they work towards together. 回答问题Which would make the best title for this text?

Passage 4Central bank raises interest rates, cuts interest income taxChina decided to raise interest rates and cut the withholding tax on interest income on Friday in a coordinated move to get the blistering economy onto a healthier footing.The benchmark one-year deposit and lending rates of commercial banks will be raised bv 0.27 percentage point, effective from Saturday，the central bank said in a statement on its website.Meanwhile, the State Council reduced the withholding tax on interest income to 5 percent from 20 percent as of August 15.The National People's Congress authorized the govemment to change or ablish the tax last month.The interest rare hike the third this year. It take the one-year benchmark deposit rate to 3.33 percent from 3.06 percent. The one-year lending rate will rise to 6. 84 percent from 6. 57 percent.The interest rate on demand deposit was also raised from 0.72 percent to 0.81 percent, which was not been seen since 2002.The combined move was not unexpected after the country released its macroeconomic statistics for the first half of this year, said Dong Yuping, an economist from the Institute of Finance and Banking at the Chinese Acadermy of Social Sciences (CASS).The National Bureau of Statistics (NBS) said on Thursday that the nation's gross domestic product grew bv a sizzling 11.5 percent in the first six months and its consumer price index (CPI) rose by 4. 4 percent in June, the highest in more than two years, and 3. 2 for the January - June period. China's fixed-asset investment increased 25.9 percent during the same period.The high CPI figures are especially worrisome as the prices of foodstuffs, such as pork, egg and grain, have soared in recent months, analysts said.Food prices, which account for about one-third of the CPI basket, rose 11.3 percent in June，when pork prices rose 59. 8 percent and egg prices went up 37. 9 percent, according to the NBS.The NPC's Financial and Economic Affairs Committee warned before the release of the figures that the economy has shown more signs of overheating, seen as a strong signal that tightening measures are in thepipeline.Since the real interest rate has long fallen into negative territory, the adjustment in deposit interest income tax is just normal. Dong told China Daily.The adjustment equals about two interest rate hikes of 27 base points each and, combined with the interest rate hike, will help hold back strong investment and lending, he said"Given the strong economy, any single adjustment alone will not be enough."The government has not abolished the tax on deposit interest income because it may want the waters to see the impact of its macroeconomic regulation.回答问题Under the authorization of the National People's Congress, China decided to raise interest rates and abolish interest income tax.

Passage 4Central bank raises interest rates, cuts interest income taxChina decided to raise interest rates and cut the withholding tax on interest income on Friday in a coordinated move to get the blistering economy onto a healthier footing.The benchmark one-year deposit and lending rates of commercial banks will be raised bv 0.27 percentage point, effective from Saturday，the central bank said in a statement on its website.Meanwhile, the State Council reduced the withholding tax on interest income to 5 percent from 20 percent as of August 15.The National People's Congress authorized the govemment to change or ablish the tax last month.The interest rare hike the third this year. It take the one-year benchmark deposit rate to 3.33 percent from 3.06 percent. The one-year lending rate will rise to 6. 84 percent from 6. 57 percent.The interest rate on demand deposit was also raised from 0.72 percent to 0.81 percent, which was not been seen since 2002.The combined move was not unexpected after the country released its macroeconomic statistics for the first half of this year, said Dong Yuping, an economist from the Institute of Finance and Banking at the Chinese Acadermy of Social Sciences (CASS).The National Bureau of Statistics (NBS) said on Thursday that the nation's gross domestic product grew bv a sizzling 11.5 percent in the first six months and its consumer price index (CPI) rose by 4. 4 percent in June, the highest in more than two years, and 3. 2 for the January - June period. China's fixed-asset investment increased 25.9 percent during the same period.The high CPI figures are especially worrisome as the prices of foodstuffs, such as pork, egg and grain, have soared in recent months, analysts said.Food prices, which account for about one-third of the CPI basket, rose 11.3 percent in June，when pork prices rose 59. 8 percent and egg prices went up 37. 9 percent, according to the NBS.The NPC's Financial and Economic Affairs Committee warned before the release of the figures that the economy has shown more signs of overheating, seen as a strong signal that tightening measures are in thepipeline.Since the real interest rate has long fallen into negative territory, the adjustment in deposit interest income tax is just normal. Dong told China Daily.The adjustment equals about two interest rate hikes of 27 base points each and, combined with the interest rate hike, will help hold back strong investment and lending, he said"Given the strong economy, any single adjustment alone will not be enough."The government has not abolished the tax on deposit interest income because it may want the waters to see the impact of its macroeconomic regulation.回答问题This interest rate hike was the third this year.

Passage 4Central bank raises interest rates, cuts interest income taxChina decided to raise interest rates and cut the withholding tax on interest income on Friday in a coordinated move to get the blistering economy onto a healthier footing.The benchmark one-year deposit and lending rates of commercial banks will be raised bv 0.27 percentage point, effective from Saturday，the central bank said in a statement on its website.Meanwhile, the State Council reduced the withholding tax on interest income to 5 percent from 20 percent as of August 15.The National People's Congress authorized the govemment to change or ablish the tax last month.The interest rare hike the third this year. It take the one-year benchmark deposit rate to 3.33 percent from 3.06 percent. The one-year lending rate will rise to 6. 84 percent from 6. 57 percent.The interest rate on demand deposit was also raised from 0.72 percent to 0.81 percent, which was not been seen since 2002.The combined move was not unexpected after the country released its macroeconomic statistics for the first half of this year, said Dong Yuping, an economist from the Institute of Finance and Banking at the Chinese Acadermy of Social Sciences (CASS).The National Bureau of Statistics (NBS) said on Thursday that the nation's gross domestic product grew bv a sizzling 11.5 percent in the first six months and its consumer price index (CPI) rose by 4. 4 percent in June, the highest in more than two years, and 3. 2 for the January - June period. China's fixed-asset investment increased 25.9 percent during the same period.The high CPI figures are especially worrisome as the prices of foodstuffs, such as pork, egg and grain, have soared in recent months, analysts said.Food prices, which account for about one-third of the CPI basket, rose 11.3 percent in June，when pork prices rose 59. 8 percent and egg prices went up 37. 9 percent, according to the NBS.The NPC's Financial and Economic Affairs Committee warned before the release of the figures that the economy has shown more signs of overheating, seen as a strong signal that tightening measures are in thepipeline.Since the real interest rate has long fallen into negative territory, the adjustment in deposit interest income tax is just normal. Dong told China Daily.The adjustment equals about two interest rate hikes of 27 base points each and, combined with the interest rate hike, will help hold back strong investment and lending, he said"Given the strong economy, any single adjustment alone will not be enough."The government has not abolished the tax on deposit interest income because it may want the waters to see the impact of its macroeconomic regulation.回答问题The interest rate on demand deposit was also raised to the highest level since 2002.

Passage 4Central bank raises interest rates, cuts interest income taxChina decided to raise interest rates and cut the withholding tax on interest income on Friday in a coordinated move to get the blistering economy onto a healthier footing.The benchmark one-year deposit and lending rates of commercial banks will be raised bv 0.27 percentage point, effective from Saturday，the central bank said in a statement on its website.Meanwhile, the State Council reduced the withholding tax on interest income to 5 percent from 20 percent as of August 15.The National People's Congress authorized the govemment to change or ablish the tax last month.The interest rare hike the third this year. It take the one-year benchmark deposit rate to 3.33 percent from 3.06 percent. The one-year lending rate will rise to 6. 84 percent from 6. 57 percent.The interest rate on demand deposit was also raised from 0.72 percent to 0.81 percent, which was not been seen since 2002.The combined move was not unexpected after the country released its macroeconomic statistics for the first half of this year, said Dong Yuping, an economist from the Institute of Finance and Banking at the Chinese Acadermy of Social Sciences (CASS).The National Bureau of Statistics (NBS) said on Thursday that the nation's gross domestic product grew bv a sizzling 11.5 percent in the first six months and its consumer price index (CPI) rose by 4. 4 percent in June, the highest in more than two years, and 3. 2 for the January - June period. China's fixed-asset investment increased 25.9 percent during the same period.The high CPI figures are especially worrisome as the prices of foodstuffs, such as pork, egg and grain, have soared in recent months, analysts said.Food prices, which account for about one-third of the CPI basket, rose 11.3 percent in June，when pork prices rose 59. 8 percent and egg prices went up 37. 9 percent, according to the NBS.The NPC's Financial and Economic Affairs Committee warned before the release of the figures that the economy has shown more signs of overheating, seen as a strong signal that tightening measures are in thepipeline.Since the real interest rate has long fallen into negative territory, the adjustment in deposit interest income tax is just normal. Dong told China Daily.The adjustment equals about two interest rate hikes of 27 base points each and, combined with the interest rate hike, will help hold back strong investment and lending, he said"Given the strong economy, any single adjustment alone will not be enough."The government has not abolished the tax on deposit interest income because it may want the waters to see the impact of its macroeconomic regulation.回答问题As a result of the interest rate hike, food prices, which account for about one-third of CPI basket，rose 11.3 percent in June.

Passage 4Central bank raises interest rates, cuts interest income taxChina decided to raise interest rates and cut the withholding tax on interest income on Friday in a coordinated move to get the blistering economy onto a healthier footing.The benchmark one-year deposit and lending rates of commercial banks will be raised bv 0.27 percentage point, effective from Saturday，the central bank said in a statement on its website.Meanwhile, the State Council reduced the withholding tax on interest income to 5 percent from 20 percent as of August 15.The National People's Congress authorized the govemment to change or ablish the tax last month.The interest rare hike the third this year. It take the one-year benchmark deposit rate to 3.33 percent from 3.06 percent. The one-year lending rate will rise to 6. 84 percent from 6. 57 percent.The interest rate on demand deposit was also raised from 0.72 percent to 0.81 percent, which was not been seen since 2002.The combined move was not unexpected after the country released its macroeconomic statistics for the first half of this year, said Dong Yuping, an economist from the Institute of Finance and Banking at the Chinese Acadermy of Social Sciences (CASS).The National Bureau of Statistics (NBS) said on Thursday that the nation's gross domestic product grew bv a sizzling 11.5 percent in the first six months and its consumer price index (CPI) rose by 4. 4 percent in June, the highest in more than two years, and 3. 2 for the January - June period. China's fixed-asset investment increased 25.9 percent during the same period.The high CPI figures are especially worrisome as the prices of foodstuffs, such as pork, egg and grain, have soared in recent months, analysts said.Food prices, which account for about one-third of the CPI basket, rose 11.3 percent in June，when pork prices rose 59. 8 percent and egg prices went up 37. 9 percent, according to the NBS.The NPC's Financial and Economic Affairs Committee warned before the release of the figures that the economy has shown more signs of overheating, seen as a strong signal that tightening measures are in thepipeline.Since the real interest rate has long fallen into negative territory, the adjustment in deposit interest income tax is just normal. Dong told China Daily.The adjustment equals about two interest rate hikes of 27 base points each and, combined with the interest rate hike, will help hold back strong investment and lending, he said"Given the strong economy, any single adjustment alone will not be enough."The government has not abolished the tax on deposit interest income because it may want the waters to see the impact of its macroeconomic regulation.回答问题The latest interest rate hike will hold back the economy from showing more signs of overheating.