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● Read the article about commercial bank.
● Choose the correct word to fill each gap.
● For each question 29-40, mark one letter (A, B or C) on your Answer Sheet.
Commercial Banks
Commercial banks play an important role (29)______ national (30)______ .
(31)______ the end of May 1995, China has 15 commercial banks, the International Business reported. Eight of these are (32)______ nationwide. They are: the Industrial and Commercial Bank of China, the Agricultural Bank of China, the Bank of China, the People's Construction Bank of China, the Communications Bank, the CITIC Industrial Bank, the China Everbright Bank and the Huaxia Bank.
There are six (33)______ shareholding banks. They are: the Merchant's Bank, the Guandong Development Bank, the Shenzhen Development Bank, the Fuzhou Industrial Bank, the Shanghai Pudong Development Bank and the Hainan Development Bank.
Apart (34)______ these, there is the (35)______ of the People's Construction Bank of China, the China Investment Bank and two housing deposit banks. They are fully (36)______ by the People's Bank of China.
To add (37)______ the 15, the Minsheng Banking Corp was set up in January 1996. It is now the (38)______ non-State bank.
Five foreign banks have so far been (39)______ to run branch offices in Beijing. Here is a (40)______ of them:
● Bank of Tokyo Tel 5931640
● Citibank of the United States Tel 5004425
● Hong Kong and Shanghai Banking Corporation Tel 5001121
● Nanyang Commercial Bank Tel 5139026
● Industrial Bank of Japan Tel 5954728
(29)______
● Read the text below about a company's products.
● For each question 23-28, choose the correct answer.
● Mark one letter (A, B, or C) on your Answer Sheet.
Chairman's Statement
Despite the appearance of a new competitor on the market the company continued to grow and increase its market share throughout 2000. Partly in response to this new threat but, more importantly, as part of a strategy for growth, several key decisions were taken this year. The most significant new developments included a range of vitamin rich children's drinks and low calorie diet drinks, which both proved very popular.
The company is still best known for its range of refreshing fruit drinks and, not surprisingly, these were our biggest sellers once more. There were two new additions to the range last year, Squish! and Liquid Sunshine, both of which have a distinctive Caribbean flavour. The first sales figures suggest that our expensive TV advertising campaign was very successful and that these products will soon be as popular as the rest of the fruit drink range.
Growth in the keep-fit and health markets meant our energy drinks did well in 2000. Sales of one brand, Booster! , were second only to fruit drinks in April The strength of this particular market also explains the success of our new diet drinks.
There were, however, big differences in the performance of our older products. The company's oldest product, mineral water, continued to enjoy a healthy share of a very profitable mass market. It seems our customers are still happy to stay with the brand despite the increasing number of competitors' products. Unfortunately, the same cannot be said of our Ice-T and Chocomania drinks. Sales showed an initial increase in the summer after we relaunched both products but customers soon bought other brands and total annual sales for both product ranges were disappointing.
The company also said goodbye to its own brand of cola, launched in 1998. After two unsuccessful years of trying to break into the huge cola market 2000 looked like being another poor year. The company finally accepted that it had made a wrong decision and stopped production in September of that year.
What was the main reason the company decided to launch is new product ranges？
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