If wages continued to rise at this pace, it would mark a hairpin turn in China's Labour market.
如果工资继续保持这样的增长幅度,那么将标志着中国的劳动力市场急速转型。
2
When demand is high relative to the economy's capacity to produce goods and services, the cost of Labour and raw materials tend to rise and firms' mark-ups tend to increase.