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16 The Road Ahead Revolutionising Healthcare An in depth discussion with Dr. Masoud Afnan, General Manager of Tianjin United Family Healthcare Room for improvement? Competition in the Tianjin Hotel Industry 12 IP Protection in China for the Cosmetics Industry 32 Airbnb Finding Its Space In China 36 Key tips to pitch your company and approach potential buyers 52 China, Football and Business, What’s Going On? 69 Business Tianjin October 2016 Dear Readers,
It is October and we are back with this month’s edition of Business Tianjin focusing two important aspects of life and economy, healthcare and local hotel business. While a discussion on revolutionizing trends in the healthcare sector with General Manager of TUFH forms our cover story, our feature story highlights the effect of competition on Tianjin’s hotel industry.
Our economic section packs a punch this month courtesy of bringing forth the debt problem, GDP numbers and macro-economic health not to mention the various activities organized by local Chambers of Commerce. Be prepared to be shocked as the story of foray of Chinese businessmen on the European soccer scene is outlined in detail.
In this issue we help you to find out why the automobile industry in China is geared towards small cars and whether the Shenzhen-Hong www.businesstianjin.com Kong link is anything more than just another investment opportunity. HNTE forms the crux of the matter on taxes and finances and patent MANAGING DIRECTOR protection in the cosmetic industry is featured in our legal section J. Hernan along with continuation of our efforts to bring forth violation of [email protected] ethics in the field of Internet Advertising.
MANAGING EDITOR Mike Ross Do check the interaction with some of the movers and shakers of [email protected] commerce in Tianjin under ‘Dialogue’. For the artistically inclined, there is the comprehensive coverage of Autumn’s Golden Week and EDITORS for bookworms, the latest work of famed author Zhang Weiwei has Elvira Cheng, Malaka Yattigala been put under the scanner. We have also brought forth tips that [email protected] would enable you to judge employee satisfaction at your workplace under HR section. CONTRIBUTORS Tracy Hall, Ben Hoskins, Chelsea Cai We round up this issue of Business Tianjin with all the latest biz from Robert Parkinson, Marwan Faddoul around the city and we wish you all the luck. Don’t forget to visit Philippe Healey, Justin Toy, Richard Cook Priscilla Nolet, Michael Dow, our website www.businesstianjin.com and follow us in our official Andrew Smith, Edmond Yang Wechat account (ID: business_tianjin) for more information.
DESIGNER Yours Sincerely, Hu Yingzhe
MARKETING, Events & Promotions Zhang Danni, Jenny Wang [email protected]
PHOTOGRAPHERS Mary Smith Wang Yifang, Meng Yu Managing Editor | Business Tianjin Magazine
DISTRIBUTION [email protected] Lei Hongzhi [email protected]
ADVERTISING AGENCY InterMediaChina [email protected]
PUBLISHING DATE October 2016
Business Tianjin is FREE For Members ONLY
ISSN 2076-3735 Biz Briefs
Business Tianjin / October 2016 Tianjin News Tangla Hotel Tianjin Awarded by Audi inaugurated its first eLong transmission factory in Tianjin Hu Zhiqiang visited ◄ The Road Ahead 05 BIZ BRIEFS The Astor Hotel Tianjin” Revolutionising Healthcare 09 NUMBERS An in depth discussion with Dr. Masoud Afnan, General Manager 10 ECONOMY of Tianjin United Family Healthcare 12 FEATURE STORY This month we sit down with esteemed Competition in the Tianjin Hotel Industry Dr. Afnan, the General Manager of Tianjin 16 COVER STORY United Family Hospital to talk in depth about how United Family Healthcare is The Road Ahead: revolutionising the approach to health care Revolutionising Healthcare The annual network competition Audi has partnered up with Volkswagen in China one city at a time. held by eLong had finally concluded. Automatic Transmission Tianjin and 21 Dialogue Tangla Hotel Tianjin was awarded as inaugurated its first transmission European Business in China: Mr. Hu Zhiqiang, the Vice President See Page 16 the "Recommended Business Hotel of factory in China. It's located in Tianjin of Chinese Nationalist Party visited Business Confidence Survey Report the Year 2016". This marks the soaring and employs over 1000 people at The Astor Hotel Tianjin recently. The professional service concept of Tangla current capacity. Audi Starts Making 24 INVESTMENT Managing Director Mr. Ugur Talayhan Hotel. In 2016, through the analysis of Transmissions in China, Tianjin Will Will the New Shenzhen-Hong Kong and DGM Mr. Zhao Jie greeted the eLong travel booking options and the Supply the A4 and frankly, we're Link Provide Returns that the Investors visiting group and welcomed them to comments on data detection, regardless surprised that it took them so long, Tianjin to participate in the 8th Matsu Are Looking For? of the guests' choice or feedback, Tangla considering Audi is the first German Culture Festival. Mr. Hu Zhiqiang stayed Hotel Tianjin is popular among business automaker to build a stronghold in 26 INVESTMENT NEWS at the Sun Yat Sen suite and visited the and travel guests. Tangla Hotel Tianjin China with its A8 and A6 models. The Astor Museum. He gave a high rating ◄ European Business in China: 28 REAL ESTATE is the high-end national brand built by Tianjin factory will put together 240,000 to hotel's reception and catering service Business Confidence Survey Report Who will fill the void left by P2P tenants? HNA Hotel Group. The Hotel upholds the twin-clutch gearboxes per year but the and looked forward to visiting again. brand philosophy of "Harmony, Elegance, capacity can be doubled rapidly if needed. 32 IPR Leaders of both State Council and Tianjin This year’s Business Confidence Survey Excellence and Serenity", the eastern “Volkswagen Automatic Transmission provides a unique perspective into the real Cosmetics Industry Taiwan Affairs Office were satisfied with aesthetics and philosophy of perfect deep Tianjin creates synergies between the feelings and real concerns of companies hotel's reception and excellent catering 36 MARKETING fusion. Group brands, further strengthening them. operating in China. This developing dialogue service and said, “as Tianjin's landmark, Airbnb finding its space in China With efficient use of resources we live up is an important level of transparency from the The Astor Hotel Tianjin is an important Tianjin Airlines will fly to to our promise of sustainability at every established businesses here, but presents a 38 L EGAL ASSISTANCE window for external publicity which Auckland step along the way,” says Dr. Jochem coordinated effort to raise concerns and put plays an important role on strengthening Recommendations and countermeasures Heizmann. forth recommendations to the authorities. for solving legal issues of the Internet Cross-Strait exchanges." In order to gain further understanding of advertising under the e-commerce model these factors we recently spoke to Mr. Adam Tianjin attracts overseas Chinese World’s highest Matsu statue Dunnett, Secretary General of the European 42 HR investment erected in Tianjin Chamber of Commerce in China and Mr. 5 signs your employees are unhappy, Christoph Schrempp, Chairman of the Tianjin Chapter European Chamber of Commerce. and 5 signs your employees are happy 45 FINANCE See Page 21 New Working Guidelines for the Administration and Assessment of High and New Technology Enterprises Tianjin Airlines will launch the first Chinese flights from Auckland to ◄ An Evermore Thirsty Tianjin: (HNTEs) Opportunities and challenges Water Conservation Chongqing and Tianjin of China in December 2016. The flights will operate & Transportation 50 ON THE HORIZON The Binhai Matsu Cultural Park was between Tianjin, Chongqing and The Eighth Overseas Chinese Pioneering An Evermore Thirsty Tianjin: officially opened in Tianjin on September This month a major milestone in Tianjin’s Auckland three times a week using an and Developing Conference was Water Conservation & Transportation 11th. The park covers an area of 39,000 water supply was marked by the opening A330 aircraft. It will be the first Oceania held in Tianjin on August 26th with square meters with sites including the of further tributaries to the “Danjiangkou 52 MANAGEMENT route for Tianjin Airlines, which plans to more than 800 experts and overseas Matsu statue, bell and drum towers, a Diversion”, a major south to north water Key tips to pitch your company and use an A330 aircraft on the new routes to Chinese businesses from 20 counties Matsu temple and more. The 42.3 meter diversion program. The milestone approach potential buyers two of China's most important economic in attendance. Twenty-nine purchasers was immediately followed up with the high statue of Matsu, a Chinese goddess, centers. The launch will involve direct and 64 exhibitors negotiated during announcement of the initiation of a new major is said to be the tallest in the world. 55 PAST EVENTS flights from China's fourth largest the event and reached more than 180 water diversion artery, again designed to supply Tianjin. 57 CHAMBER REPORTS city, Tianjin to Chongqing, one of the cooperation agreements. In addition, the 60 LISTINGS world's largest urban centers and a major promotion of several national strategies manufacturing and transportation hub in such as the coordinated development See Page 50 65 TRANSPORTATION southwest China, and then fly to Auckland of Beijing-Tianjin-Hebei and the Belt 66 Art & Leisure three times per week all year-round. and Road Initiative has brought Tianjin 68 BOOK REVIEW more and more opportunities to attract 69 LAST WORD investment from overseas Chinese. 70 BIZ FUN
4 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 5 Biz Briefs Biz Briefs
FINANCE Audi steps up collaboration with China to be world’s aviation Taobao become most valuable Unlicensed online ride-hailing GENERAL Chinese tech groups market by 2035 Chinese brand drivers may face 30,000RMB fine China Establishes New Alipay to levy fee on users’ funds State-Owned Aircraft-Engine transfer Maker
China's e-commerce powerhouse Taobao Volkswagen's luxury car unit Audi has China will become the world's first has surpassed Tencent to become the agreed to deepen collaboration with aviation market to exceed US$1 trillion nation's most valuable brand, according to Drivers of China's online ride-hailing Alipay will start charging users a fee Chinese Internet technology groups in value in 20 years, as per US airplane a report published on Tuesday. Taobao's services will be required to hold a legal China set up a new state-owned aircraft when they make transfers from their to offer more digital services in the giant Boeing forecast that was released on brand value stands at 230 billion yuan, license by passing exams in November. engine maker to help fulfill ambitions to account balance to their debit cards, world's largest car market. Audi and Tuesday. It projected a demand for 6,810 followed by China Mobile at 227 billion Unlicensed drivers who engage in the develop homegrown aerospace giants and following a similar move by rival FAW-Volkswagen, VW's joint venture new airplanes in the country over the next yuan and Baidu at 218 billion yuan, services will face a fine ranging from become a major player in global aviation. Tencent's WeChat Pay earlier this year. with FAW Car Co Ltd, have signed letters two decades, estimating the total value of according to Hurun Research Institute. 10 thousand yuan to 30 thousand yuan. In remarks published on Sunday by state Alibaba's popular online payment of intent with Alibaba, Baidu and Tencent, the new aircraft at US$1.025 trillion. "As Last year's champion Tencent fell to fifth Those with 3-years of driving experience media, President Xi Jinping described the affiliate said that the fee will start from Audi said on Sunday. Financial terms China transits to a more consumer-based position at 210 billion yuan as its instant and no records of traffic accident creation of Aero Engine Corporation of October 12th. Each Alipay user will have were not disclosed. Under the agreement economy, aviation will play a key role messaging service WeChat was counted crimes, dangerous driving, drugs or China, or AECC, as a “strategic move” a one-time free allowance of 20,000 with online search company Baidu, Audi in its economic development," Randy independently this year. Wechat, which drink driving will be allowed to take that would accelerate the development yuan (US$2,985) before the 0.1% fee is aims to improve the use of smartphone Tinseth, vice president of marketing has 700 million users, debuted at seventh examinations for online-driving services. of indigenously made jet engines and levied on the total transfer amount. The apps in its cars. Its projects with social with Boeing Commercial Airplanes, was place on the list with a brand value of 132 The requirements come from one of two thereby boost national prestige and minimum charge is 0.1 yuan each time. network and online gaming group Tencent quoted as saying in a company statement. billion yuan. newly issued regulations over the taxi and military power. The new company, which Alipay said in an e-mail statement on include helping drivers to make better use With travel and transportation becoming " online ride-hailing services by China's has 50 billion yuan in registered capital Monday that the move to charge the fee of the WeChat communication app. The key services, passenger traffic is expected transportation authority. The regulations and 96,000 employees, will focus on Law & Policy is to offset the rising business operation alliance with Alibaba aims to develop to grow by 6.4 percent annually in China will take effect in October and November the design, manufacture and testing of China to streamline work costs. But it said most users are unlikely more real-time traffic news services and over the coming 20 years, he said. China respectively. aircraft engines. application for foreigners to have to pay the fee because of the high 3D maps. will need 5,110 new single-aisle airplanes allowance. China adds 7 new free trade through 2035, accounting for 75 percent TELECOMS Foxconn unit invests $119m in of the total new deliveries. zones New iPhone to boost Apple’s This Chinese city is performing Didi Chuxing sales in China better than Shanghai China cuts retail fuel prices
China will pilot program to streamline work application paperwork for foreigners in an effort to attract more talent. The Foxconn Technology Group, the world's Chinese authorities have decided to set up pilot scheme, which unifies two work Apple Inc unveiled a series of Guiyang, the capital of China’s poor but largest contract electronics manufacturer, China will lower retail prices of gasoline seven new free trade zones (FTZs) across permits required by foreigners to just production line updates on Thursday fast growing Guizhou province, edged out revealed on Thursday that its subsidiary and diesel due to falling international the country, bringing the total number to one, will cover Beijing, Tianjin, Hebei, morning, demonstrating its latest financial capital Shanghai as the nation’s had invested $119.9 million in Chinese crude prices. The National Development 11 as China looks to replicate the success Shanghai, Anhui, Shandong, Guangdong, tech breakthroughs on smart watches, top performer, a ranking by the Milken ride-hailing company Didi Chuxing. and Reform Commission (NDRC), the of previous trials. The new FTZs will Sichuan and Ningxia from October 2016 smartphones and wireless earphones. Institute shows. The northern port city Foxconn unit Forteq Holdings Inc has national economic planner, announced be located in the provinces of Liaoning, to March 2017, the State Administration Some of the rumored features for the new of Tianjin was third among the country’s acquired a 0.355% stake in Didi, the Sunday that gasoline prices will be cut Zhejiang, Henan, Hubei, Sichuan of Foreign Experts Affairs (SAFEA) iPhone, including the dual "stick out" biggest cities, followed by Shenzhen and company said in a filing to the Taiwan by 155 yuan per tonneand diesel prices and Shaanxi as well as in Chongqing said Thursday. The trial will unify the rear cameras, two new black colors and last year’s top city, Chengdu, according Stock Exchange. Foxcoon, a major by 150 yuan per tonne from Monday. Municipality according to commerce two permits into a single work permit, no headphone jack have been confirmed to a report released on Monday by Santa assembler of Apple devices, said that the Under the current pricing mechanism, if minister Gao Hucheng. The expansion making it easier for foreigners to work by the Cupertino Company during the Monica, California-based think tank transaction was part of a broader effort international crude oil prices change by came nearly three years after the launch in China, said Gao Xiang, director of the product launch event. "iPhone 7 and founded by Michael Milken. Dalian, to build products and services for the more than 50 yuan per tonne and remain of China's first FTZ in Shanghai to test Department of Policies and Regulations iPhone 7 Plus dramatically improve every Nanchang, Chongqing, Xian and Haikou Internet of Things, a growing array of so for 10 working days, then refined oil a broad range of economic reforms, under SAFEA. The new work permit will aspect of product experience, reaching a rounded out the top 10. Despite being in small, connected objects and devices. products such as gasoline and diesel in including more openness to foreign be the legal credential for foreigners to new level of innovation and precision to the less-developed southwest, Guiyang Foxconn has shown great interest in China are adjusted accordingly. This year investment and fewer restrictions on work in China with a number tied to each make this the best iPhone we have ever catapulted from No. 11 in last year’s transportation industries. the NDRC has cut retail fuel prices four capital flows. applicant forever. made," said Philip Schiller, Apple's senior inaugural ranking and leapfrogged times and raised them six times. vice president of worldwide marketing. into the list of bigger, wealthier coastal megacities.
6 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 7 Biz Briefs Numbers CHINA IN THE WORLD Beijing bans E-scooters and British Schoolgirl sells baby Segways on roads names to China Expats fear the loss of road signs in English 239 230 8 China topped the medal table for Alibaba owned Taobao has With the latest release of Apple’s Rio’s 2016 Paralympic Games with been rated China’s most valuable iPhone 7 and 7s, son of property a stonking 107 golds, 81 silvers and brand at 230 billion yuan. mogul Wang Jianlin posted 51 bronzes. images of the family dog with 8 new iphones on microblogging Electric scooters and segways have website Weibo, dubbing Keke been banned from Beijing's roads as of A 16-year-old British schoolgirl has the dog as the richest dog in the Monday. The Beijing traffic management earned ￡48,000 just by giving Chinese Expatriates are worried that authorities world. bureau says those breaking the rule babies English names, after hearing about in Shanghai may remove road direction will be fined 10rmb and given a verbal children called Gandalf and Cinderella. signs in English. Foreigners say this warning not to use their vehicle on public Beau Jessup from Edge, Gloucestershire, would cause problems, especially roads again. There are huge numbers has so far suggested names for 221,000 for drivers from overseas, as most of of electric scooters and segways in Chinese babies in six months. Beau, who them cannot read Chinese characters. big Chinese cities such as Beijing and is the daughter of Loose Women panellist The Shanghai Road Administration Shanghai. They are a popular means of and The Bill star Lisa Maxwell, set up Bureau is considering the removal of coping with heavy traffic. But users have SpecialName.cn after spending time in road signs bearing English-language been told not to use them on the same China where she was asked repeatedly interpretations-pinyin in most cases. The roads as faster traffic as it's illegal and to suggest an English name by friends bureau stressed that pinyin on signs in dangerous. Over the weekend, Beijing's expecting a first child. The site then and around scenic spots, central business Consumers' Association published shares the shortlist of suggested names districts and transportation hubs will research showing that 19 out of 20 with friends and family via messaging remain, as will street signs in pinyin at all electric scooters and segways couldn't 51.2 giant We-Chat with more than 600million junctions.Dong Hui, a spokeswoman for According to surveys conducted brake easily. users - inviting help in making the final the bureau, said that the signs in English choice. by the People’s Bank of China, the 3 10.2 appeared at least 20 years ago. business confidence survey rose to Audi has signed a deal with 3 Official statistics state that China’s 51.2 per cent in the third quarter. of China’s biggest technology coal output drops by 10.2 per cent companies to enhance its year on year. Freelance reputation in the country. Tencent, Alibaba and Baidu will be working with the luxury German car maker Writers & Editors on Internet vehicles. needed at Tianjin's Premier Business Magazine!
192 Tianjin City Government will finalise plans to restructure the 192 billion RMB debt of Bohai Steel Group by placing its most profitable assets into a new company and converting a portion of liabilities into bonds.
8 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 9 Economy Economy
of investor’s ire and disillusionment with the potential of capital losses. Monthly Economy Report This is not the case in China where debt restructuring has taken place By Anthony Lawry a number of times such as in the 1990s when a number of state-owned enterprises were going through a transitionary modification and overall restructuring that initial public offerings required.
In short, the ‘debt problem’ is not so much a problem rather than a challenge in the way of Chinese officials waiting for expertise and effort to be put into it for increased mitigation. While there may be much noise surrounding debt restructuring, 2015. Analysts are speculating that higher than expected—and the debt- other issues remain such as the overall the increase in GDP figures are to-GDP ratio is as high as 240 to 270 global macroeconomic environment partially a result of Beijing-mandated percent. Yet in spite of these figures, not conducive for peripheral stimulus packages and programs not all is to despair (it should be and emerging market growth. which they further contend could noted that US credit-to-GDP ratio Nonetheless, China’s economy is very well increase in the coming is well over 300 percent). That is to still subject to the ebbs and flows months. While this may pile onto an say, credit/debt remains a somewhat of existential forces such as global already problematic credit/debt issue, opaque issue. macro-economic conditions and even continued government-sponsored geopolitical dilemmas. It will be up capital inflows have largely been Although these numbers seem to the leadership to be able to take on responsible for China’s economic ominous, there are many signs to these problems and work with private resilience since the 2015 summer indicate China’s slowdown may finally and provincial leaders to continue the market crash. be subsiding if not substantially at monthly grind of continued recovery rade data for August showed countries, rose against the US dollar All the recent August data comes least slightly. A number of analysts, from what should be seen as an an unexpectedly higher to $0.7683 from $0.7677 largely in the a few weeks after ratings agency Inflation data also hinted at further such as Nicolas Veron of the Peterson eventual overall economic easing. positive trend as exports reaction to the slew of economic data. Moody’s Investor Service increased stabilization of China’s overall Institute for International Economics, Tand imports surged upward. While While these numbers point to an Chinese gross domestic product macroeconomic health. August believe that the policies are much Visit us online: exports still ended up being 2.2 overall easing of China’s slowdown, (GDP) growth forecasts for the rest of consumer price inflation numbers more aligned in China than they are btianjin.cn/161001 percent lower than a year prior, they the overall trend of lower growth 2016 from 6.3 percent to 6.6 percent eased to its weakest pace in nearly a in the West for a debt restructuring did so at a much lower level than remains a continuous development. and for 2017 from 6.1 percent to year somewhat caused by lessening system or reformation project needed anticipated (4 percent) as predicted In spite of this, there are a number 6.3 percent. Senior Moody analyst foodstuff prices, yet a decrease in in order to allow for alleviation by economists and financial analysts. of positive signs in the economy that Madhavi Bokil suggested that China’s consumer price deflation altogether of debt pressure building in the Furthermore, imports rose by 1.5 point to an overall strengthening of economy will in general continue contributed to growing confidence in provincial and private sectors. percent on year in August coming in the Chinese economy. to gradually shift from exports to the steadying of the overall economic In the West, debt restructuring much higher than Reuter’s 4.5 percent consumption in what has commonly picture. In spite of the flurry of recent is always a taboo subject decline forecast. This is the first time China’s economy will been referred to as a ‘soft landing’, positive data, there are still rising frequently the target Chinese imports have risen in two further suggesting that “We do not price compressions. Furthermore, the years. in general continue expect China to exert a significant real pressing issue with China’s overall to gradually shift drag on global growth prospects over economic picture still is not about the rest of 2016 and 2017.” Additional and more indirect from exports to problems concerning inflationary economic indicators also pointed forces, but rather the aforementioned to better than expected Chinese consumption in what Over the past few years, China’s credit-related tensions, particularly economic data. The Australian dollar, has commonly been overall GDP growth numbers have at the provincial and corporate levels. A Goldman Sachs report recently often viewed as a proxy of Chinese referred to as gradually lessened from highs of economic stability considering the up to double digit GDP growth indicated that China’s debt service economic ties between the two a ‘soft landing’. per year down to a 25-year low in ratio was around 20 percent—a figure
10 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 11 Feature Story Feature Story
Changing models to their every need is the key to make The good news is it in the hospitality industry. Further of leadership that competition segmentation and research data is required to understand the changing Perhaps one of the most prominent between hotels types of customers and what they are changes within Tianjin’s hotel drives innovation looking for when it comes to travel. industry is the makeup of When service quality is delivered at management. Each luxury hotel is led and inventiveness of the utmost standard, it is vital that by a seasoned hotelier with a decade’s individual offerings. high end hotels position themselves worth of experience in the hospitality correctly to differentiate themselves business. By no means is this in an oversaturated market. also expected. As a relatively new detriment to the industry but it does leadership concept, only time will call for disruption and experiment tell whether such shifts in leadership If recent trends are anything to go by, to shake up the status quo. Could the models will pay off and give the hotel going ‘green’ is high on the priority recent model adopted by Starwood industry in the city a lease of new list for business travellers. Business Hotels & Resorts to appoint just one life to come out winning. What is surveys of foreign companies based in manager to take lead on three of clear is that competition in the hotel Tianjin have highlighted on multiple Tianjin’s most iconic hotels mark a industry has driven change in models occasions concerns over air quality shift in how the hotel industry is run? of leadership, a change which has the and smog. Such aspects become even potential to stabilise the price drops. more concerning when executives The benefits, in theory, are clear, move their families to the city for namely less expense lost on the project based work. The combination salaries of three separate leaders. Segmentation of proximity to Beijing and industrial More continuity in management and production in the municipality make Room for improvement? direction, as well as quicker decision It is a given that keenly understanding poor air quality almost inescapable, making to up the pace of change is your customer market and catering despite local government’s best efforts Competition in the Tianjin Hotel Industry
By Annie Ly
ne need only take a glance room rates as a result of increasing There is no doubt that all high end at some of the most iconic competition. When service offerings hotels in Tianjin are poised and ready looking buildings in Tianjin and quality is currently at par with to welcome higher vacancy rates Oto know that the hotel industry is other major Chinese cities, how which will come with the business part of the lifeblood of the city. From sustainable is the state of industry allure of these initiatives. the distinctive cubic exterior of and what more can be done to draw The St. Regis Hotel to the elegantly positives from the competitive The good news is that competition historic The Astor Hotel, A Luxury environment? We discuss whether between hotels drives innovation Collection Hotel, and magnificence there is room for improvement. and inventiveness of individual The Ritz-Carlton – Tianjin is not offerings. As one of the biggest short of high end five star hotels and The potential seen in Tianjin for winners of revenue in hotels is food there are more cropping up on the business growth and success is huge. and beverage, offerings are constantly horizon. As the city anticipates the Its continuing reputation as one of the being refreshed to provide guests opening of its first ever Four Seasons country’s leading industrial hubs will with imaginative choices that pay Hotel later this year, isn’t the high end no doubt ensure a constant flow of keen attention to the cultural eating hotels market already oversaturated international business travellers, both habits of Chinese locals as well as to without the need for more new hotel long and short stay, for a long time western tastes of business travellers. developments? to come. Government investment Guests are clearly winners in this into initiatives such as the Pilot Free sense but it is not enough to combat Perhaps what makes the state of Trade Zone (FTZ) or Jing-Jin-Ji the potentially disastrous effect of hotel industry in Tianjin even more further demonstrate the belief of the accelerated competition. intriguing is the ever reducing government in Tianjin’s potential.
12 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 13 Feature Story Feature Story
Focus on customer journeys is Potential in Tianjin still remains and There is no doubt that the key to keeping service simple, Attitudes towards as these formative years of further all high end hotels in quick and effective for the new investment and improvement pass age market. Further, attracting travel have by, the city needs to consolidate its Tianjin are poised and them through one key channel can experienced a boom identity. Indeed, it will always have ready to welcome allow for better data collection and in recent years with the title of one of the most important understanding rather than the cross- industrial hubs in the country but higher vacancy rates amalgamation of differing channels many more people such a reputation lacks the necessary which will come with which will sometimes give conflicting living comfortable draw to attract new life. It is only the business allure of information making it difficult to when Tianjin finds a new voice that draw true trends from customer middle class lifestyles the industry can react and innovate these initiatives. behaviour. It is only with true data and seeking travel further to turn competition on its that effective segmentation can take experiences. head and bring travellers from all to put in place measures to reduce place to base marketing strategies on walks of life to appreciate what the haze. to reach niche markets. lacks in drawing tourists? Efforts by city has to offer. The future of the the Tianjin government have indeed industry still looks bright, but there is certainly room left for improvement. Hotels may look to the example set by taken place in recent years to make Is it a city issue? Tianjin more attractive for travellers the recently opened Shanghai Tower down. To tap into the increasing Impact of Technology but there appears to be a disconnect J-Hotel which not only boasts of being pool of Chinese tourists spending Such trends as discussed above can or lack of cohesive strategy to solve based in one of the tallest skyscrapers money visiting other Asia Pacific be applied to the hotels’ market in the issue. Collaboration with local in the world but also claims to be the destinations, five star hotels in Tianjin The Swiss-army-knife of Chinese general for top cities in China, which government to boost tourism and Visit us online: most green. Achieving the top LEED need to crack the millennial market social media, WeChat, now allows bodes the question - what is it that attraction to the city is just another rating, sustainability and the green and appeal to their more aesthetic users to carry out a range of btianjin.cn/161002 really makes Tianjin such a special solution that could lift competition factor certainly sets this establishment driven indulgences. Attitude towards practical functions all in one app. case? Could it be that the city itself into the next phase. apart from other major hotel brands travel has experienced a boom Mobile payments, sociability and in China’s largest cities. in recent years with many more instantaneous response have become people living comfortable middle part of the everyday norm. As a class lifestyles and seeking travel result, it is now possible through The industry must also avoid turning streamlined services for guests to a blind eye to domestic travel trends. experiences. There is no doubt that the onslaught of technology and the engage directly with brands, receive Reported to have spent in excess of recommendations from friends and $104.5 billion in 2015, outbound prolific use of social media has been a catalyst of this change. pay for their travel experience in one tourism shows no sign of slowing smooth journey.
14 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 15 Cover Story Cover Story The Road Ahead Revolutionising Healthcare An in depth discussion with Dr. Masoud Afnan, General Manager of Tianjin United Family Healthcare By O. Silva
ith the healthcare undergoing a large overhaul recently it has become a much talked about topic. This month we sit down with esteemed Dr. Afnan, the General Manager of Tianjin United Family Hospital to talk in depth about how United Family Healthcare is revolutionising the approach to health care in China one city at Wa time. Born in Ethiopia and brought up in England, Dr. Afnan graduated as a doctor in 1980 from the University Of London Charing Cross Hospital Medical School. With 30 years of experience as an obstetrician and gynaecologist, he has made numerous contributions to the British Royal College of Obstetricians and Gynaecologists (RCOG), The Human Fertilization and Embryology Authority (HFEA) and the British Fertility Society.
How did you come to your position fertility treatments. This is new to at Tianjin United Family Healthcare With collaboration United Family. This is my field of (TUFH)? professional expertise. I believe that with colleagues in in collaboration with other clinics in I joined United Family Healthcare other clinics in Tianjin, Tianjin, we will make Tianjin a world in 2010. From 2010 to 2012, I was that we will be able to class centre for IVF. the Chair of the Obstetrician and make Tianjin a world Gynaecology Department at Beijing Primary care is another area of focus. United Family hospital, following class centre for IVF. The purpose of primary care is to which I served as the Chief Medical have a well-trained general doctor Officer at the same hospital from look after most of the health needs 2013 to 2015. him or not. You might have got better anyway. Maybe they could’ve given of the people. In UK, 90% of care is you another medicine that would’ve delivered by general practitioners. It Acting as a Doctor and General been better. Unless we can measure is a very cost effective approach and Manager is no easy task. Which these outcomes we will never know solution. The care of patients needs aspect of your job do you find more that we as doctors are doing any to be well coordinated in order to challenging, the healthcare or good. My mission whilst I’m here provide affordable, cost effective care, financial management aspect? in Tianjin is to put health outcome which we want to be able to make measurements on the agenda so that available for everybody. As a doctor, the reason why I am in we also can measure how we have healthcare management is to improve improved the health of our patients. What specialties are not covered yet the health of people. When you go and what services do you wish to to management meetings all you see add in future? is numbers. Clearly we have to make TUFH provides a wide range of money, we have to reach our targets, healthcare services. Could you summarise them for our readers? The primary care concept is we have to satisfy our investors and something we want to develop on there is pressure to meet those targets. a large scale. Our main focus is the We focus on a number of areas But what we don’t have yet generally patient. Our primary care doctors for women and children. I like to in healthcare, and we are working are able to care for patients who include husbands in that area as very hard to do, is to measure the need prevention and screening for well. Obstetrics and paediatrics are health outcomes. That is quite a disease, for caring for patients with the foundation of all the services difficult task. When you go to the long term chronic conditions, and that we provide. We also provide doctor, the normal lay individual will for most common acute conditions. IVF (In Vitro Fertilization) and not know if the doctor actually helped Mos importantly, when they can
16 Oct 2016 I Business Tianjin Cover Story Cover Story
recognise when a patient needs to prevent disease. I think that is an suggest that this leads to higher In America they did a study to work established in the West. Before I came see a specialist and ensure timely aspect which is not well developed mortality rates. out the cause of death. They found Providing evidence to China the patient would come appropriate referrals to specialists here in China so we would like to that medical error, be it in testing, based, high quality, and see me and I would immediately within our system or in local focus on these areas that are currently procedures or operations was the provide that patient with a full What should be done is that we take patient centred hospitals. not well represented. We want to offer third highest cause of death after written summary of the appointment. the time with the patient, check their something different to our patients. cancer and heart disease. Therefore medicine across The advantage of that is that the understanding with regards to the having the approach of providing patient gets a full written summary There are a few areas that I think illness and treatment, give them everything will help us evidence based, high quality medicine of their care because most of us in 10 years’ time will change with What sets Tianjin United Family written documentation, explain across everything will help us to stay stay ahead. forget half of what the doctor tells us. regards to medicine in general, and Healthcare apart from the other everything and involve the patient in ahead. Having written records will help us in China in particular, an example private healthcare centres and the decision making process. We fully Our aim is to reach out into the measure the outcomes. What I would being that of clinical genetics. With a hospitals in Tianjin? explain to the patient the treatment community, so we have plans to open love to do and am in the process of few drops of blood you can analyse process including the chances of United Family Healthcare has been a more satellite clinics. implementing is measuring these your genome for a very low cost. The United Family Healthcare has potential side effects from drugs. This company doing business exclusively outcomes and sharing them with our problem of doing that is that nobody always done very well with patient level of discussion and understanding in China for a few decades now. Are patients. This information I think will knows what it means, nobody can experience. Patient experience is very takes time and that’s what we offer there plans to extend the healthcare With 46 highly trained clinicians be a key factor in increasing market interpret it and there is a real risk of different from patient satisfaction. very well at TUFH. to other countries or territories including 5 internationally trained share. over interpretation. In my opinion Patient satisfaction might be the within China? doctors and 14 departments, there is a need for a clinical genetics doctor giving his or her signature on a United Family Health Care has a Healthcare has become very department to interpret these genetic prescription or sick note as requested Yes we are always planning to open comprehensive health care setup. You have been a model for premium financially competitive with rapid results so that when the problems by the patient. Patient satisfaction hospitals in China. We just opened It has become a highly reputed western style treatment and economic development taking arise they can advise patients in then becomes a 10/10. That is not a hospital in Qingdao and will open healthcare establishment in Tianjin. healthcare here in China, how has place in China. With standards of advance on the risks and how to right. There is even evidence to a hospital in the coming months in What are the steps taken by your the response of the locals been and care and quality of hospice care Guangzhou. We are looking at other company to increase the market have you had to adjust with regards increasing rapidly, how do you sites too so that every few years we share? to the market circumstances? maintain your superiority amongst will be opening a new hospital. In your competitors? addition we have satellite clinics. I think this whole approach of The pressures are the same in China This is something we have done Staying ahead of competition has openness, transparency and as in any other part of the world. successfully in Beijing and Shanghai. many aspects. At the core of it is to honesty with the patient is very well In some aspects the pressures are make sure we offer very high quality services and then the patients will come. One of the problems all over the world, and in China is that there is a lot of over treatment. For an example: two tablets are thought to be better than one, but that’s not the case. We want to provide evidence based practice. Europe went through this revolution 20-30 years ago. Providing evidence based practice has two main benefits. It honestly tells the patient pros, cons, risk and benefits. It also stops wastage of money.
When people go for a health check- up, they feel like the more tests you do the better it will be for you. But that’s not the case because the usefulness of screening tests depends on how common the condition is. If it’s very rare, it wastes money. Instead of chasing down real problems you start chasing down false problems and that is harmful to patients.
18 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 19 Cover Story Dialogue European Business in China present to a higher degree especially should done after a good discussion numbers in IVF cycles because I with regards to children. In the West with the parents and it is important think Tianjin has the potential to be a if a child catches the flu, usually to make sure that the parents are well world class centre for IVF and fertility Business Confidence Survey Report the parents will watch the child informed. treatment. and maybe give them some simple Interview with Mr. Adam Dunnett and Mr. Christoph Schrempp medicines. In China however they What are your future plans to How do you see the future of private Secretary General of the European Chamber of Commerce in China, and generally want to go see their doctor. further develop the healthcare healthcare in China? Chairman of the Tianjin Chapter European Chamber of Commerce Keeping these cultural differences in system at TUFH? By Richard J. Cook mind we’ve made adjustments. The The West has made a lot of mistakes important point in such instances is Our future plans are focused on two in developing health care. China t the Summer Davos, Prime Minister Li Keqing rightly reminded those present of China’s significant economic to make sure to provide high quality main areas including primary care doesn’t need to make those same importance in being amongst the top three destinations for FDI. Furthermore, despite increasing economic evidence based medicine and not and IVF. With regards to primary mistakes. China can develop its attention being sprung onto other emerging economies such as Vietnam, Thailand and Indonesia, China is still just provide care because of parent Aforeseen as the paramount destination for international trade and is still a major driving force for developing existing and care, our top priority is to provide health care well by taking the best expectations. In these situations with community care services to thousands of what’s on offer around the world new market sectors. minor illnesses often it is better to of residents in Hexi District. We and provide it for its citizens. If you not give medicine at all. However this would like to see an increase in our look at the American health care However, that being said, it is no secret that China’s economic slowdown is starting to pose a significant challenge to system which many Chinese look the international economy. As for the European companies present in China, these concerns have been echoed off late, to as being the ideal model, the raising new questions and strategies in how to overcome the increasingly adverse business environment here. American health care system is not as good because it just encourages more This year’s Business Confidence Survey activity and less attention is given provides a unique perspective into to quality and outcome of care. At the real feelings and real concerns of TUFH we focus not on doing more companies operating in China. This activity but actually spending time developing dialogue is an important on patients and their needs, seeing level of transparency from the how we can provide for their needs, established businesses here, but presents measurably improve their experience a coordinated effort to raise concerns and their health, within a set budget. and put forth recommendations to the This greatly changes the incentives authorities. In short, the major factors from doing unnecessary services, to highlighted by the latest Business improving the health of that patient, Confidence Survey are China’s economic thereby adding value to the patient realignment and transition, business experience. pessimism, bureaucratic paradoxes, establishment of a level playing field and You are Tianjin’s top executive looking ahead to the 13th Five Year Plan. of the leading private healthcare institution in China. What is your In order to gain further understanding next challenge? of these factors we recently spoke to Mr. Adam Dunnett, Secretary General of My next challenge is to make real the European Chamber of Commerce success of my time here in Tianjin in China and Mr. Christoph Schrempp, United Family Healthcare. I’ve only Chairman of the Tianjin Chapter just started, I’ve been in Tianjin for European Chamber of Commerce. 6 months and it takes a while to fully settle into the job. I really enjoy the Economic deceleration as well as time I spend here as I think Tianjin economic realignment related to the is a wonderful city to live in. My goal “Economy in Transition Policy” is is to make TUFH the focal point of topping the headlines for China at the health care for the community around moment. How are these major issues it within the next 3 years. Another affecting Sino-European trade and goal I hope to achieve is to make the business performances off late? How Tianjin and the TUFH IVF centre would you describe the adaptation internationally renowned. That to me process of many companies involved would be an amazing success. in the EU Chamber and what are your concerns related to this issue? Visit us online: 20 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 21 btianjin.cn/161003 Dialogue Dialogue
Mr. Christoph Schrempp: One of that China is not simply kicking the Mr. Christoph Schrempp: The greatest the major issues is this economic This year’s Business can down the road. challenge, still ongoing, is the legal rebalancing policy and we are keeping Confidence Survey uncertainty and quickly changing a close eye on many developments Considering European investment policies. A good example is the VAT that are taking place. Of course provides a unique in China is down by around 9%, regulations that have recently been maintaining stable growth is the key perspective into the can we expect to see an investment changed within an announcement and some of our findings shed some real feelings and revival anytime soon for the of only 6 weeks and this can have an light on this issue. However, there are outlook? impact on smaller companies. This of course concerns, again highlighted real concerns of short-term announcement really gives in our survey and it’s important SMEs big challenges. Other factors companies operating Mr. Adam Dunnett: In order to re- that our dialogue with lawmakers such as this can make companies stimulate investment companies, is clear and detailed so all involved in China. think - is this the right place? This is potential new investors need a wider understand clearly what is taking definitely one of the biggest points, understanding of the initiatives and place. If transparency is hazed there Mr. Adam Dunnett: To put it simply, copious amounts of investment of China’s GDP and whilst holding besides the issue of the level playing this is the key. If we are able to clearly is the possibility that confidence can good news. I talked today about interest and that's all down to the a fragment of China’s population as field, which fuels uncertainty. deliver our points and issues to the become undermined and what we the Comprehensive Agreement on strategic development that Tianjin it stands, this ultimately displays an other organizations, bodies and may experience then is growth rates, Investment, a major focus point in has fostered. outperformance, incredible really. advisors in which they [the policy Mr. Adam Dunnett: I totally agree. which are not tangible. Furthermore, EU-China negotiations, we hope that this can be concluded soon. makers] are seeking council from, The unpredictability is a critical the companies are that much more With the initiation of the Beijing- With the New Silk Road Economic Ambitious, but it would be a very we will have a much better chance of factor. Many of our companies unwilling to invest so much in China, Tianjin-Hebei Economic Belt Belt widely being prioritized by positive sign. However, it doesn’t have success. require time for adaptability and some companies are starting to look policy also known as Jing-Jin-Ji, Beijing and Brussels, can you give us to be just that, it could be the foreign moreover they need to understand it. at cost cutting as well as decreasing what opportunities are available a run down on what opportunities investment model becoming clearer Vagueness of these regulations is also R&D activities. At the end of the day Which sectors in Tianjin can we for foreign investment and are available for European or a real cutting down of the market an issue, clearly defined regulations this policy counts a great deal and expect to see more from in the developments here? investment and development here? interference acts, facilitating a level are the key to claiming uncertainty. how it is implemented needs to be coming months? Has the New Silk Road Economic playing field as Chinese companies Another major concern is the value observed closely to provide the right Belt begun to make a significant get in the EU. These are just some of Mr. Christoph Schrempp: As we’ve of a contract in China. In China the information to companies here. impact on Sino-European business? the discussed topics brought forward. Mr. Christoph Schrempp: I think we seen from the survey around 84% value of a contract doesn’t share the China signing up to the WTO GPA have in Tianjin the good potential of businesses polled suggest a same value as a contract in Europe or What is the key to overcoming the like it said it would, that would be a for further development as one of positive outlook of the Jing-Jin-Ji belt Mr. Adam Dunnett: We fully elsewhere. This issue has been heard recent rise in pessimism about real big success. It’s taking a lot of the the strong pillars, for example the initiative, which is understandable. appreciate the political importance time and time again. A part of this doing business in China? things on the table and grinding out aviation sector, from where we still Let’s be fair, there is a tremendous of this program having spoken is cultural, however this challenge something concrete and showing us see very strong growth and not only resource pool, tremendous innovative to a number of colleagues and is something that people are talking in Tianjin but worldwide. Thus, the power, a number of major universities companies around the world, all about. aviation sector is one of the segments are inside of this proposed area, to which are keenly interested in where we can expect to see further so there is access to a highly the developments here. This ties Visit us online: major investments to maintain stable educated labour and R&D force, an with the new AIIB which will be btianjin.cn/161004 and continuous growth. Tianjin is incredible asset and highly desirable closely tied to this new initiative. in a special position considering the in all sectors. The infrastructure The commercial opportunities in set up [infrastructure] of the TEDA of the region in itself is very well the energy sector and infrastructure zone and the developing areas around coordinated, with new developments sector are still not entirely clear at the Tianjin-Binhai International under construction as we speak. this point in time, so we don’t yet airport. These factors can attract The existing airports, the new have a strong understanding where more companies in which we can add Beijing international airport under the investments will be taking place a new perspective and further build construction as well as the port here or what companies will be making cooperation with in the future. in Tianjin means Tianjin as a part of the investments. Having said that, we the Jing-Jin-Ji initiative is a highly are keeping close tabs on it, we are Of course one of the other factors desirable geo-economic position. The interested in it, watching it and look is the capacity for redevelopment scale of this outmatches many other forward to seeing some progress that of the petrol-chemical industry, regions on a global scale. In addition, will allow for our partners to become which we expect to see significant the expectation is that these little involved. steps being taken there. Of course nitty-gritty barriers between Beijing, Tianjin and Hebei will disappear and another major pillar for growth is Out of your extensive experience, this will create an economic epicenter the high-tech industry which has what has been the greatest challenge bigger than most European states. grown considerably and is still seeing of doing business in China? This will make up between 8%-8.5%
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link could be reversed if China The link represents a substantial shift as tech stocks, but the index has Will the New Shenzhen-Hong Kong Link incentivized and extremely leveraged towards liberalization that President fallen nearly 10 percent on the year enterprises reduced their dependence Xi has been attempting to achieve as January was a rough month for on short-term loans and transited to ever since massive market reforms mostly all global equities. Again Provide Returns that the Investors Are Looking For? longer-maturing bonds or even equity were announced in the 3rd Plenum of though, can this link substantively options. While the details of the link the 18th Communist Party of China. be an indicator of the finality of By Anthony Lawry have yet to become fully articulated, It is the largest capital market reform returns investors are looking for in if these sort of options become to occur in China since the crash in China’s market? Maybe, but again available they are likely to be the most 2015 which led to a 40 percent slump. probably not. It appears to be that popular and for good reason due to Most likely the move was pushed China’s outline for the link to create their safe-haven nature given China’s forward to increase the appetite an incentivization for a large degree overall positive credit ratings and of outside investors and increase of capitalization into the markets has likely potential for increased long- liquidity in a market now somewhat fallen mostly flat, perhaps aside from term growth currently being stifled by viewed as volatile, especially given the the investment in Chinese brokerage global conditions and the tug-of-war slowdown. firms which largely gained from the like attitude of foreign governments. move like Haitong International, If more Chinese China Galaxy, Huatai Securities, CITIC Securities and Central China If more Chinese companies begin to companies begin to pursue an increase in bond offerings Securities. However, that train has over short-term loans, there is no pursue an increase in proverbially left the station. doubt Chinese equities will become bond offerings over more appetizing to foreign and short-term loans, there What is next is of course obscured domestic investors due to the positive by the continuation of uncertainty impact that such moves would make is no doubt Chinese in a global environment in which on balance sheets. Either way, the equities will become investors are just simply not recent link should not be downplayed; confident enough in the overall outside investors looking for those more appetizing to macroeconomic atmosphere to begin elusive returns are looking for any foreign and domestic a truly substantive push for confident excuse they can to pour the money investors. medium and long-term investments. they are holding on the sides (which This is especially true for China, but seems to be quite a lot overall for also for emerging markets throughout larger investors) into something, In spite of this, many opportunities Asia. However, once this timidity are abound that have yet to have been any have looked at the Because of this, a large degree of These events may create temporary almost anything. It is the reason why subsides, the factoid that the price- capitalized on. The Shenzhen market world’s second largest stock rallies in the Hang Seng have down days, but overall market trends the current rally in the US equity to-earnings ratio of the Shenzhen can be viewed as a technology-based economy (largest in surpassed that of Shanghai thanks of the last half year have yet to markets has continued for so long market is a whopping 36 may all of exchange with nearly 25 percent of termsM of purchasing power parity) to outsider investors speculation on subside. giving the indices continuous record- a sudden become appetizing once the stocks listed on the exchange and mused that all investment the increased marketization of the breaking days. again. That being said, textbook opportunities have been taken Hong Kong-Shenzhen link which investing reminds us to buy low and In spite of this appetite for more risk advantage of with China. was just given the go-ahead by sell high. Right now, it appears the in exchange of higher returns, a note Furthermore, it seems as though Chinese officials. This is likely to lead market is stagnant and not many by JP Morgan points out that Chinese anyone looking for returns is hard to rallies in most if not all Chinese moves are being made apart from the stocks have underperformed their US pressed to find a somewhat affordable indices. Furthermore, because US gradual rise of the Hang Seng. Yet, if a counterparts by eight to ten percent initial investment with high yields. equities are likely to see some losses rally is on the cards for the next year since 2011 in terms of dividends. Even traditional safe haven assets from Janet Yellen’s interest rate or so, now is absolutely the time to get Specifically though, this was in large such as US treasuries are now seen decision to come later in September into Chinese equities while the rest part because of the market selloff as risky given the greater uncertainty in conjunction with the seemingly of the world has yet to catch on. Of in China in the summer of 2015, and chance of volatility given global abysmal returns in nearly every course, the link is somewhat a sign of but other concerns are still abound geopolitical conditions such as asset, there is a surge towards riskier the desire for increased capitalization, from an outsider’s perspective on Brexit and the chance of increased ventures into emerging markets like but should be seen as an investment Chinese equity markets. China’s US interest rate hikes which if even China. Although these sorts of moves opportunity rather than an act of debt balance sheet has yet to offer a speculated on can lead to pure on US interest rates are often foretold desperation of which the Chinese conclusive reassurance to the market carnage in stocks and bond markets. to Chinese officials ahead of time so economy is absolutely not enduring concerning its provincial and private Weak growth, stagnant productivity, as to maintain market stability, the as of right now. debt. But as JP Morgan pointed out, and uninspiring inflation have left the impact is nonetheless palpable but the disinterest in the recent market developed world bewildered. sometimes significantly overblown. Visit us online: btianjin.cn/161005
24 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 25 Investment News New Appointments Stocks and Shares
Mr. Sam Lin General Manager Holiday Inn Tianjin Aqua City
Holiday Inn Tianjin Aqua City officially announced its appointment of Mr. Sam Lin as General Manager. Mr. Lin has almost 30 years’ experience in hospitality industry. He successfully oversaw all of Chinese Investors Eye Liverpool Football Club Bid the operations of Food & Beverage, Sales & Marketing and Human Resources. Before joining Holiday Inn Tianjin Aqua City, he worked Rumors have been swirling for months This came after Liverpool upgraded its for another IHG Hotel in Shanghai and as a General Manger for 9 that Chinese investors have been on current Anfield stadium with additional years. With his experience in senior hospitality management, Mr. Lin the look-out to purchase the famous stands that could generate another will exert his leadership at Holiday Inn Tianjin Aqua City to bring the English Premier League football team £25million a year. In spite of these hotel to further develop into a legend in Tianjin and provide guests Liverpool. However, the Chinese group claims, it does not rule out some sort of with service that is beyond expectations. heading the plan, China Everbright joint venture between China Everbright Ltd., recently admitted that they are not and the current ownership group. interested in a full blown takeover bid China has recently ramped up its efforts of the club. Tom Werner, Liverpool’s to become a major hub of international current chairman of the football football clubs. club, echoed this sentiment by firmly asserting that the club is not for sale. Source: Financial Times China’s Automobile Industry Sees a Surge in Sales David Lim August sales of Chinese automobiles dramatically improving from years past Executive Chef soared by 26.3% in the month of August as consumers are beginning to feel more Shangri-La Hotel, Tianjin compared to a year earlier. According optimistic about the economy and more to the China Association of Automobile expensive purchases. Furthermore, the Shangri-La Hotel, Tianjin, has appointed David Lim as Executive Chef Manufacturers, Chinese consumers sales in these automobiles have helped of Shangri-La Hotel, Tianjin. This is the first Shangri-La Hotel in Tianjin, purchased around 1.8 million cars, to contribute towards the growth of conveniently located in the heart of the city overlooking the Haihe River. SUVs, and minivans. When coupled domestic Chinese car manufacturers Hailing from the food epicenter of Malaysia, Chef David is no stranger to with the total sales of trucks and buses, such as Great Wall, Geely and Chery. Shangri-La Hotels and Resorts. Mr. Lim joins Shangri-La Hotel, Tianjin altogether vehicle sales rose 24.2 This can somewhat be attributed to with an extensive background in hospitality management and with over 20 percent to 2.1 million units. While this the Chinese consumer’s desire for years of experience in culinary arts. Before Tianjin, he was the executive may come as a surprise considering smaller cars that foreign rivals such as chef of the Copthorne Hotel Qingdao where he successfully oversaw the the overall picture of China’s economy, General Motors and Volkswagen do not rebranding and opening of this hotel. it is a much sought after positive sign currently offer. Starting at a young age in Shangri-La Hotel Penang, which is now known that China’s economic outlook is Source: Shanghai Daily as the Hotel Jen Penang, Chef David’s life has been one entwined in good food! Shenzhen-Hong Kong Stock Market Connection Given the Green Light Before coming to China, David worked at the Solaire Resort & Casino, Authorities within the State Council can pour into equities, but there will be where he was the executive sous chef overlooking their busy all day dining have authorized the link between daily trading limits of 10.5 billion yuan restaurant and themed noodle restaurant. Before that, David was the chef the Shenzhen and Hong Kong and 13 billion Yuan on investments for for an Asian restaurant in the Venetian Resort & Casino Macau. Due to his stock exchanges paving the way for the trade links between the Shenzhen outstanding performance in Macau, he was on the opening team for Rice unprecedented stock market integration and Shanghai markets. Investors are Empire in the Sands Cotai, Macau. within the world’s second largest still waiting for details on which stocks Having worked in great establishments across Malaysia, Dubai, Macau, Philippines and now in China, David has been economy. The link mainly translates will be traded through the links. The able to hone his homegrown skills along with authentic recipes and trusted techniques from the great cuisines of each into the cessation of a quota on news is speculated to lift the value of all culture. And this has enhanced his passion for cooking and delighting guests with a variety of authentic food. aggregate trading essentially translating Chinese markets in the coming days in A people person, David enjoys stepping out from behind the kitchen counters to chat with his guests. This interaction into the inevitable openness of market light of the large step towards increased enables David to obtain as much feedback as possible about his food and what his guests like. He draws inspiration from access to investors outside of China. liberal marketization. wandering various wet and dry markets to find the freshest products, as he likes to be surrounded with the best raw There is not as of yet a quota on the ingredients to enable him to create and produce different dishes. amount of stocks an outside investor
26 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 27 Real Estate Real Estate
of several P2P firms, they are still their college entrance examinations. Who will fill the void left by P2P tenants? expected to play a role in supporting A danger worse than According to a recent report By Chelsea Cai, Head of Research at JLL Tianjin the office leasing market. Industries empty buildings,” from Technavio, a UK research growing in importance include company, the rise in economic finance, education, real estate and some landlords have conditions of middle-class families co-working space as well as new opted to sell space and the abolition of the one-child start-ups such as “Internet Plus” policy have led to an increase in nyone watching the Tianjin The good news is that several floor-by-floor or even stepped in to limit the registration of firms. expenditure for the education skyline is aware that the city industries have emerged with new P2P companies, which has led to unit-by-unit in order sector. It will not be a big surprise has been adding new office significant office leasing demand. a major slowdown in office demand • Finance: The finance to lessen their to see the top tutoring providers Abuildings at a fast pace over the past Although they may not completely in Tianjin and many other Tier 2 industry’s contribution to Tianjin’s in China, such as New Oriental decade. As we have mentioned in fill the void le\ft by the sudden exit cities. GDP in 2015 rose RMB 158.8 financial burden. Education, TAL Education Group a previous article, “Strata-title: A billion, an increase of 9.6% y-o-y, and EF Education First, aggressively danger worse than empty buildings,” Chart 1: Tianjin Grade A Office Stock only behind Beijing and Shanghai in • Education services: Private expand their presence in several some landlords have opted to sell China. Unlike the P2P companies, educational providers are a new office locations in Tianjin near space floor-by-floor or even unit-by- where demand has stagnated due growing domestic industry that is residential communities or with unit in order to lessen their financial to regulation, traditional financial increasingly absorbing office space convenient transport. burden. However, many landlords institutions, including insurance, as an alternative to retail. This sector remain intent on leasing their space banking and securities firms, are includes after-school tutoring, • Real estate and related service: in this increasingly competitive considering expanding operations exam preparation for study abroad The rapid growth in residential market. One challenge the landlords or relocating to the new, high-quality as well as training institutions. prices and the improved sales have is to determine which sector is office towers. This is particularly Middle-class Chinese parents volumes have fuelled going to provide the demand needed true in the insurance industry, are eager to give their children a the boom in the to lease out all this space? In 2014 and where employment increased 27.9% high-quality education and this China 2015, thanks to financial innovation, y-o-y in 2015 to 63,600 employees “education fever” has given rise to the emergence of a new industry (accounting for 13% of the total the after-school tutoring market – so called “peer-to-peer lending” employment increase). By end of starting with elementary-aged or P2P – became a welcome driver August 2016, insurance companies children and even rising of office demand. These companies contributed 8% of the leasing up to students were aggressively expanding transactions in Tianjin. Over the preparing throughout the city and leased much next few years, finance companies f o r of the surplus space from new office are expected to grow their Tianjin completions, as explained in last year’s or North China operations, thereby publication, “Will Shadow Banks save increasing this sector’s impact on China Developers?” However, after a office market demand. number of P2P companies declared bankruptcy, the government has ▲ Source: JLL Research, 2Q16
28 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 29 Real Estate Real Estate
property market since March 2016. country, local authorities have such as Beijing and Shenzhen in comes from a larger array of sectors The spillover effect has moved from The good news is that tried to create a dynamic start-up fostering this entrepreneurial spirit The central and more sustainable industrial overheated Tier 1 cities such as several industries environment by offering financing due to policy, talent and financing government's than P2P lending. Beijing and Shanghai to lower tier incentives and building co-working constraints. For Tianjin, building cities. Residential prices increased have emerged with space or incubators for early-stage incubators and co-working space strategic "Internet For tenants, the main implication nearly 30% y-o-y in 2Q16. And significant office start-ups or small and medium- may help to absorb some vacant Plus" initiative will is that they can expect the tenant- one-third of raw land sold for more leasing demand. sized enterprises that lack sufficient space given their large size space encourage more favourable market to continue, than the published reserve price capital. In China, we expect several requirements (usually occupying which is marked by high vacancy in Tianjin. Not only real estate successful stories from start-up one or two floors), but the co- firms to invest in new rates and landlords willing to offer developers but also residential of expanding real estate developers companies to become household working space itself may have technologies. lower rents in order to fill space. agencies are actively hiring staff and and agencies. names, such as Didi, the Chinese trouble generating demand and may setting up new branches to serve ride-sharing company, and Meituan- end up as empty, as many start-ups better the robust demand from • Co-working space: Premier dianping, an online delivery still prefer to be located in Beijing. homebuyers. Therefore, more office Li Keqiang called for “mass service. Nevertheless, secondary Conclusion space is needed to meet the demand entrepreneurship”, and across the cities still lag behind Tier 1 cities • Another source of leasing demand will come from the technology Leasing demand was lower in 3Q16 sector. The central government's than in previous quarters, but more strategic "Internet Plus" initiative diversified, drawing upon many will encourage more firms to invest sectors and as a result healthier, in new technologies and collaborate more sustainable, long-term market. Visit us online: with start-up firms offering From the landlords’ perspective, this btianjin.cn/161006 integrated web-solutions. demand is inherently less risky, as it
▲ Table 1: Notable leasing transactions in 2015 & 2016 *Percentage refers to sector contribution to total leasing transactions from January to August 2016. The rest contributors also include professional services, media and others. Source: JLL Research, as of August 2016
30 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 31 IPR
Protecting Trade Marks the CTMO examiner will decide two of a product with relatively low which subclasses registration the inventiveness. Trademarks are extremely applicant will receive, which might important in cosmetics industry, not be the most desired one for Patent applications in cosmetic because Chinese consumers are the applicant. Furthermore, if an industry mainly involve very trade mark sensitive and prefer SME forgets to register in all of the improvement of products and to buy the products from traders relevant subclasses, unscrupulous methods, specifically involving IP Protection they can trust. Chinese trade mark companies may register the SME’s the improvement of product protection follows a first-to-file trade mark in these subclasses structure (e.g. the improvement principle, meaning that the China themselves. of compound or polymer Trade Mark Office (CTMO) will structure), the improvement of in China for the grant trade mark rights to the Consider Also Protecting product composition (e.g. the improvement of component of company that filed the application the Chinese Version of the first. cosmetics composition) and the Trade Mark improvement of production process Cosmetics Industry (e.g. the addition or reduction of Cosmetics are fast Cosmetics are fast developing processing steps and improvement consumer goods and whether the of processing conditions). developing consumer name will be remembered by local goods, and whether consumers is vital to the firm’s Patent protection in China also the name will be success. Besides, consumers tend to functions under the first-to-file mention a foreign brand by using its principle which means that the remembered by local Chinese name. Once the localized one who applies for the patent first consumers is vital to name is registered, the owner of will have the priority to obtain the firm’s success. the original trade mark in a foreign patent right. Therefore, after the language will have to change the development of a new cosmetic Chinese translation of his trade or a new method of producing As a result, there are numerous mark. Therefore, it is suggested cosmetics, an SME should file a bad-faith registrants who expect that both the foreign language and patent application early so as to unjustified interests by registering the Chinese version of the trade obtain the patent right as soon as foreign trade marks with reputation mark should be registered before possible. or potential before the overseas the product’s entry to the Chinese By China IPR SME Helpdesk company enters the Chinese market. There are also other market. Once these registrations patent filing are approved, the entry of products Protecting Cosmetic Products strategies owned by the real trade mark owner with Patents that the into China will be blocked. Hence, if cosmetics n recent years, due to the expansion of China’s middle class, increased interest in personal care has led to the rapid a foreign enterprise intends to enter The Chinese patent system covers development of the cosmetics industry. In addition, the adjustment of the tariff system in China and the rise of into Chinese market, it is advisable three types of patent, i.e. invention e-commerce platforms like Taobao or Jindong also contributed to the sales of cosmetics products. The industry shows to file the trade mark application in patent, utility model (UM) patent Ian annual growth of 12% and broke the RMB 200 billion mark of sales volume in 2015 . The most successful products and design patent with each of advance and as soon as possible. are skincare products, including moisturisers and masks, products that are safe for children, anti-aging products, spot- these having different levels of removal products and sunscreen and whitening products. When registering a trade mark in requirement on inventiveness. China, SMEs should keep in mind An invention patent refers to In this market, image and trustworthiness are paramount. Chinese cosmetics consumers are more resilient to that trade mark registration classes new technical solution relating advertising and increased influence by peer recommendations, meaning that consistent and favorable mentions are further divided into sub-classes to a product, a process or through social media such as WeChat groups are the pillars of sales growth. At the same time, the production in China. It is important to register improvement. Therefore a and sale of fake and inferior products continues to be prevalent in the Chinese market, despite recent campaigns the trade mark for the correct class UM is more for a new solution and targeted efforts of the Chinese government. Particularly, due to their popularity and high quality, overseas and subclasses. If sub-classes are relating to the shape, structure cosmetics brands are the usual victims of counterfeiting . The infringement acts are mainly trademark and outer not designated in the application, or some combination of the packaging imitations and customers consequently confuse the authentic and counterfeit products, leading to loss of sales, reputation and oftentimes product liability issues. Thus, for cosmetics enterprises wishing to enter to China, it is still very important to have a robust IP strategy in place.
32 Oct 2016 I Business Tianjin IPR IPR
Administration for Customs Chinese consumers (GACC), the local customs will are very trade mark check and seize suspected infringing products. Customs are however less sensitive and prefer to effective at helping to protect patent buy the products from rights as they may not be qualified enough to determine whether a traders they can trust. product falls into the protection scope of a patent for invention. requirements of “absolute novelty” (meaning that the design is Companies who sell their products undisclosed to the public either in in China via the most popular China or abroad before the filing e-commerce platforms like Alibaba date), inventiveness and practical and Taobao can also initiate notice applicability of the products. and take down procedures in case of trade mark, copyright or design Additional Protection Methods infringement. For this, the product its cosmetics manufacture members to award damages. For claiming owner needs to request initiating Besides traditional approaches and which allow the consumers to damages, parallel civil suits need to notice and take down procedures. of IP rights protection, security check the authenticity of cosmetics be filed. Based on the information provided labels and security codes are also online. by the trade mark owner, the sale of producers should consider. For Design patents cover the overall popular in protecting cosmetics Security labels and products can be discontinued or the example, when a patent application shape and style of packaging which products. For instance, cosmetic Enforcement of IP Rights seller prohibited from the website. is filed for a new cosmetic or a sets apart many brands’ products. It producers could cooperate with the security codes are It is cost- and time-effective way new producing method, patent also covers the packaging which is Authentic Cosmetics Alliance of IP rights can be enforced through also popular in of dealing with infringements and applications for improved cosmetics used for box or gift sets as well as China, which is a well-known anti- sending cease and desist letters protecting cosmetics the procedures can be initiated in or improved methods developed the packaging which goes around counterfeiting platform specifically through administrative actions, English also. Sometimes, however, based on this cosmetic or producing smaller cosmetics. SMEs should for cosmetics products. It grants custom seizures and through civil products. the platform might decide against method should be filed at the same keep in mind that the objects of exclusive security codes that are litigation. the SME’s request. In this case, time or later. Patents for this kind design need to comply with the specially made by the Alliance to the rights’ owner can provide of invention should be filed so as Cease and desist letters are sent Civil courts can order injunctions more supportive evidence or to prolong the protection period of by lawyers to the infringers to and award compensation, making initiate relevant litigation to claim the basic patent by forming a patent notify them and request to cease civil litigation a good way to infringement against the infringer chain. By this approach an SME can infringement by showing relevant IP stop infringements. At the same together with the owner of the effectively fight against possible rights. Cease and desist letters work time civil litigations are costly platform. infringement by competitors. best in protecting copyrights and and time consuming and require are a cheap option of enforcement comprehensive, notarized evidence. Trade Dress as there is no need for notarizing the evidence. At the same time the In case of trade mark infringement, Trade dress refers to the size, infringers can easily disregard these IP owners can also benefit from Visit us online: shape, colour or combination of letters. customs seizures. Once the IP colours, structure, patterns, as well rights are recorded with the General btianjin.cn/161007 as manners in which a product is Administrative actions are mostly presented, marketed and so on. Due used in cases of trade mark and to lack of “trade dress” provisions copyright infringement and to in China, the protection for these a lesser extent in design patent aspects can be sought through enforcement. Administrative several ways including copyright authorities are entitled to issue and design patents. In the cosmetics administrative punishment industry copyright protection decisions and seize the infringing The China IPR SME Helpdesk is a European Union co-funded project that provides is mainly applicable to original products. Administrative free, practical, business advice relating to China IPR to European SMEs. To learn about any aspect of intellectual property rights in China, visit our online portal at and aesthetic labels, decoration proceedings are faster than court www.china-iprhelpdesk.eu. For free expert advice on China IPR for your business, patterns, packages, manuals and rulings and can be effective in e-mail your questions to: [email protected]. You will receive a reply advertisement. stopping the infringers but the from one of the Helpdesk experts within three working days. authorities will not have the right
34 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 35 Marketing
Localisation Is Key to “live like a local”. Is it time for Chinese In several experiments conducted to tourists to embrace establish the right business model this change to crack the Chinese market, it was in traveller clear that the company needed to mentality too? create a localised platform which would the enable it to establish its Know Your operations and also be in a position Neighbours to meet its demands. As with any foreign company entering the China Airbnb still market, there is a need to understand face further the various needs and behaviours of challenges from Chinese tourists and travellers on a local Chinese provincial or even city basis. A one companies size fits all approach simply does which have been not work but the question is, could operating in China the model of success from the US or in the sharing economy Europe be replicated in China? for a while, offering accommodation-sharing A localised understanding was services for tourists using a similar vital to enable Airbnb increase its model. Local companies have search destinations such as Ctrip presence in China and also to be already established huge databases to give further confidence and ease in a position to serve its clients of their listed properties whilst to user experience. Further, Tujia in a more personal manner by Airbnb have struggled to break invest a great deal of time into creating amazing experiences ground with listings. They have a carefully selecting the properties which resonated with the culture wide market presence across China Airbnb is finding its space in China allowed to list on their platform and heritage of the Chinese people. which is evident by the fact that to ensure they fulfil the needs of "By Sammy Montana / Copy-Edited by Annie Ly Unlike Western tourists, Chinese they operate in several destinations their target audience who seek high and Asian tourists prioritise trust across the country. or any foreign company taking on the Chinese market, the journey is rife with complications and challenges. and service when it comes to travel. quality and almost standardised vacation homes to cater to the The same is true of short-term private space rental marketplace, Airbnb, which has in the past year stepped up But when the Airbnb model works One rival, Xiaozhu.com has a great family-centric needs of Chinese its operations to crack the China market. Following years of success in both the US and Europe, does the US by giving control to homeowners presence in the country. Established tastes. Festablished company have what it takes to overcome the challenges that come with attempting to expand into the Middle who merely wish to rent space, the in China in 2012, the company Kingdom? We take a look at its strategy to success, its competitors and whether Airbnb can truly find its space in China. company must offer something already has a notable presence As yet, Airbnb is yet to find its different in order to counter these in more than 200 cities across niche within the broader market shortcomings. the nation. Tujia is another great of Chinese tourists. The US based Building the Airbnb Brand in redesigning and streamlining the As the next logical market to expand competitor having experienced company must decide where to services of Airbnb to make it more into, China holds great potential. In a recent brand relaunch and an success when it secured over $1 Airbnb is a start-up founded channel its energies and resources professional and reliable in the With more than 700 million app makeover, Airbnb pushed a billion for financing the expansion in San Francisco in 2008. The to make a dent in relatively new industry. internet users and according to new global campaign emphasising of its operations. Tujia now operates premise of the company was to concept of the sharing economy the World Tourism Organisation, the message: “Live there”. According in more than 250 cities across facilitate homeowners who wanted in China. But the fight isn’t over The ecosystem of start-ups and over 109 million trips taken by to their brand research, it is no China. to rent their homes to visitors and services building around Airbnb Chinese tourists in 2015 alone, the longer enough to be a ‘tourist’ when yet. As modern trends continue travellers. In the course of almost to empower Chinese tourists to has enabled the company to grow two factors combine the two core you travel. Airbnb understand that Tujia clearly knows its market and a decade, Airbnb has formed an explore further afield, Airbnb still rapidly and seek to expand its tenets which have accelerated the modern travellers seek “authentic has built up a business model that ecosystem of start-up companies have the core building blocks to services into other territories success of Airbnb as a brand. With experiences” which allow them links the most popular online travel providing auxiliary hospitality embracing internationalisation. the growing global trend of digital take on the market. services needed by guests such as The company sought international amongst the ambitious millennial cleaning services, unique dining growth by targeting foreign markets generation aligning with Airbnb’s experiences and transportation, in some of the biggest cities in millennial targeted aesthetic and across the world to propel the Europe and South America. It ease of use online, China appears to Visit us online: company to a greater height of experienced a lot of success and in be the perfect breeding ground for success. These start-ups too have 2015 it sought to penetrate Chinese further success. btianjin.cn/161008 blossomed and have been pivotal and Asian markets.
36 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 37 Legal Assistance Legal Assistance
Recommendations and countermeasures for solving legal issues of Moreover, “Interim Measures for 3. Based on the new “Advertising the Administration of Internet New ideas should be Law” to determine jurisdiction advertising” also specifies the legal created, to change of Internet advertising the Internet advertising under the e-commerce model liability of the Internet advertiser, the consumer advertising operator and advertising The “Advertising Law of the People’s publisher. According to Article awareness of Republic of China (2015 Revision)” 10, “Internet advertisers should be Internet advertising. has been revised and adopted at responsible for the authenticity of the 14th session of the Standing advertising contents. An advertiser Committee of the 12th National should have the subject identity, relevant laws and regulation to People's Congress of the People's administrative licensing, contents establish and improve the Internet Republic of China on April 24, 2015, of confirmation and other official advertising business-undertaking and the revised Advertising Law of certificating documents when rating, review and file management the People's Republic of China is publishing Internet advertising system. The Internet advertising hereby promulgated and shall come and the documents should be real, publisher and operator should check into force as of September 1, 2015. lawful and effective.” As stipulated relevant certificating documents Manuel Torres in Article 11, “publishers of Internet (Managing Partner of Gar- and examine advertising contents The new “Advertising Law” is rigues China) advertising push or show Internet and should not design, make and promulgated to safeguard legitimate advertising to advertisers or publish advertising with false and rights and interests of consumers, advertising operators and have the fraud information or insufficient regulate the social order and right to check advertising contents certificating documents. Moreover, reflect the strictness of the law. and choose the natural person, legal the Internet advertising publisher According to Article 6 of the person and other organizations for and operator should hire advertising “Advertising Law of the People’s releasing advertising.” review staff familiar with advertising Republic of China (2015 Revision)”, laws and regulations and set up a “the administrative department According to Article 12, “the special organ for examining Internet for industry and commerce of the Internet advertising publisher advertising, if possible. State Council shall take charge Rachel Zhou and operator should comply with (Corporate Associate) of advertising supervision and
1. Creating new ideas to solve 2. Taking the “Interim Measures Internet covert advertising for the Administration of Internet advertising” as guidance to nlike the traditional media determine the legal liability of the advertising, Internet advertising fosters plenty of interactivity. Internet advertiser, advertising However,U consumers do not merely operator and advertising publisher passively receive Internet advertising. Therefore, administration of Internet On July 4, 2016, the State Administration advertising with the method of for Industry and Commerce released the administrating traditional media “Interim Measures for the Administration advertising, especially the prohibition of Internet advertising”. It is the first act of “covert advertising” in Internet specifically meant for regulating Internet advertising, may limit the interactivity and advertising and will come into effect on affect the development of e-commerce. September 1. “Interim Measures for the Therefore, new ideas should be created Administration of Internet advertising” to change the consumer awareness of defines the advertising nature of Internet Internet advertising, fully consider the paid research and incorporates e-mail special nature of the network environment advertising, goods promotion and service and properly ease regulations over linkage into the scope of advertising “Internet covert advertising”. regulation.
38 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 39 Legal Assistance Legal Assistance
administration nationwide and and cause detriment to the lawful countries around the world should the relevant departments of the rights and interests of consumers A unified national work together to reach a consensus State Council shall be responsible who purchased the commodity or online complaint on fundamental issues and solve for work related to advertising received the service, the advertiser the conflicts by agreement, administration within their should bear civil liabilities. In center is responsible international convention and other respective functions. case the false advertisement for for accepting and means. a commodity or service that hearing consumer Local administrative departments matters to the life and health of Conclusion for industry and commerce at and the consumers cause harm to the complaints for online above the county level shall take consumers, the advertising operator, shopping a following Along with the continuous charge of advertising supervision advertising publishers and endorser development of e-commerce and administration within their should bear joint liabilities with the existing laws and trading model, a new way of respective administrative regions advertiser.” According to Article 59, regulations. advertising has been created. and the relevant departments of “an advertiser, advertising operator Internet advertising has become a local people's governments at and or advertising publisher who uses aspects when safeguarding their major source of revenues for many above the county level shall be other person’s name or image legal rights. Therefore, the State websites. It is difficult to achieve responsible for work related to without consent in the advertising Administration for Industry and appropriate and comprehensive advertising administration within should bear civil liabilities”. regulations of Internet advertising they can transfer illegal cases of the 4. Implementing relevant Commerce should take charge their respective functions.” The by implementing existing laws advertiser and advertising operator laws and regulations to limit of the establishment of a unified new “Advertising Law” is based to and regulations and a series to local administrative departments 6. Effectively safeguarding national online complaint center further determine the jurisdiction of unfair competition in Internet of legal issues are presented in for industry and commerce of the legitimate rights and interests which is responsible for accepting Internet advertising in the ““Interim advertising practice. This paper discusses the advertiser and advertising operator. of consumers in Internet and hearing consumer complaints Measures for the Administration of advertising for online shopping. It should standardization and legalization Internet advertising”. According The “Advertising Law of the People’s of Internet advertising under the Local administrative departments follow existing laws and regulations to Article 18, “local administrative Republic of China” stipulates that e-commerce model, puts forward for industry and commerce of the In e-commerce transactions, all to impose penalties on businesses departments for industry and the advertiser, advertising operator practical recommendations and advertiser and advertising operator links except for the delivery can be that infringe the rights and interests commerce of the adverting and advertising publisher shall measures and provides reference for have jurisdiction over illegal acts if completed through the Internet. It of consumers. publisher shall take charge of not engage in any form of unfair promoting the further development illegal clues are found or reported. is difficult for consumers to check administration penalties on illegal competition. According to the of e-commerce. Local administrative departments the authenticity and reliability of In view of the special nature of acts in Internet advertising. If “Anti-Unfair Competition Law of for industry and commerce of product information in Internet Internet advertising, international local administrative departments the People’s Republic of China” the advertiser shall take charge advertising. In case of being conflicts in the application of law for industry and commerce of the operators shall not sell goods at a of administrative penalties on deceived, they usually face obstacles to protection of consumer rights Visit us online: adverting publisher have difficulty below-cost price for the purpose illegal advertising released by the in complaints, litigation and other may occur. Therefore, various in administering the advertiser and of excluding competitors. Above- btianjin.cn/161009 advertiser.” advertising operator in other places, mentioned laws apply to unfair competition related to commodity prices in Internet activities. The “Trademark Law” and “Interim Measures for the Recognition and Administration of Well-known Trademarks” of China apply to acts of using network keywords in violating of trademarks and other marks of famous companies.
5. Assigning legal responsibility for fraud and false advertising and advertising misusing the celebrity image
According to Article 56 of the “Advertising Law of the People’s Republic of China (2015 Revision)”, “in case an advertiser publishes false advertising in violation of this law to cheat and mislead consumers
40 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 41 HR HR
5 signs your employees are unhappy
signs your employees are unhappy 1. Changes in Work Habits less and do not effectively respond 5 Often employees show different to queries or issues occurring in the work habits when they are unhappy. organization. & Usually the direct managers are able to identify such changes. signs your employees are happy There are obvious changes in People who usually work performance and behavior. 5 Therefore, if you observe such do not connect with By Betsy Taylor changes in your employees then the colleagues at it might be a sign that they are unhappy. work on a personal have level are likely to friends 2. Changes in Attendance be the unhappy at work, Unhappy employees are usually late there are rare chances of him being comers or they tend to leave a bit employees of your happy and staying with the company early or even take unnecessary leave company. for long. from work if they get a chance. If you have such employees in your 5. Uncooperative Behavior organization, try to figure out why 4. No Friends! A happy person is always seen they are not punctual. It could People who usually do not cooperating with everyone around be a sign that your employees are connect with colleagues at work and taking up extra workload unhappy or dissatisfied. on a personal level are likely to be positively. On the otherhand, an the unhappy employees of your unhappy employee usually rebels 3. Changes in company. Organizations strive to one way or the other, does not take Communication create a culture where friendliness up responsibilities and depends on Employees who are happy usually prevails and employees interact with others to get his or her work done. communicate efficiently with co- each other. If a person is content You might find such employees workers and customers. They are with the job, his or her relationships coming late for a meeting, seminar prompt in responding to people at the office might be a reason for or training sessions or not even around them. However, those who him to spend the entire day at work. attending any of them. are unhappy usually communicate However, if an employee does not
ne of the most valuable assets of an organization is its employees and keeping them happy and satisfied is even more important in order to retain them. Your employees will not stay with you unless they are happy. Every organization invests in their employees and expects them to remain in the organization for a long time. For that Omatter, the HR department of an organization works hard to ensure that the employees are happy and content with work conditions and their jobs. Therefore, it is extremely important to keep employees happy and to motivate and retain them.
Now the question arises, how would you know whether your employees are happy or not? There might be employees who come in every morning with a smile and greet everyone yet they are not satisfied with their jobs. On the other hand, there are employees who seem dissatisfied and demotivated but still would hold reservations and would not tell the truth. Let us have a look at some employee habits that show whether your employees are happy or not -
42 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 43 HR Finance
5 signs your employees are happy New Working Guidelines for the Administration and Assessment of High and New Technology Enterprises (HNTEs) 1. Always On Time in their performance. Only happy tend to establish relationship You might find employees in your employees are able to increase with colleagues. However, it is Opportunities and challenges organization who always show productivity and make a positive an individual choice whether to contribution to their firm. establish personal relationships up early or right on time in the Notice Regarding the Amendment enterprises or not. If employees create good morning. These are usually the of the “Working Guidelines for the to increase relationships with their co-workers, happier employees because they 3. Spreading Positivism Administration and Assessment innovation it is a sign that they are happy. want to give their best to retain Happy employees radiate positivism of HNTEs” (Guokefahuo [2016] input was their job. Hard working and happy towards their co-workers. You can No.195, hereinafter referred to as proposed employees do not become cranky in sense the optimism by having a 5. Offering Solutions “the New Working Guidelines”) in the 2015 leaving 15 minutes late when they discussion with your employees You must have employees who like to kick off the HNTE assessment Chinese have an important task to complete. and asking them about their to participate in discussions and under the new regime. The New Government thoughts regarding the current and offer solutions to problems. This Working Guidelines took effect Work Report 2. That Enthusiasm! future activities of the company. shows their interest in staying with from 1 January 2016. and various It is always a pleasure to have Employees who speak positively the company for a long time. executive meetings of employees who are enthusiastic about the company are usually the Highlights of the New Working the State Council held and optimistic. Such people behave happier ones. Guidelines include: 1) emphasis in early 2016. Against this energetically whenever they are of the leading role of technology; backdrop, Circular 32 was required to take up a task. As 4. Creating Good 2) refinement of the evaluation released on 29 January 2016 to work is an important part of a Relationships with Kelvin Lee, PwC Tianjin mechanism of innovation capability; define the policy direction of HNTE. person’s life, therefore it is not Co-workers 3) clarification to the definition Following that, the New Working easy to spend 40 hours a week in People spend more part of the day of certain terms for the purpose Guidelines was issued on 22 June unhappiness. Hence, happiness and Visit us online: In brief at the office than at home. While of assessment; and 4) enhanced 2016 to further clarify the detailed contentment of employees reflect btianjin.cn/161010 working at the office, people n order to implement the State supervision and administration. administration and assessment Council’s call to support start- of HNTEs. As such, a new HNTE ups and innovation as well as In detail regime has been established. Idrive economic upgrade, the Ministry of Science and Technology (MST), Background Highlight 1: emphasis of the Ministry of Finance (MOF) and State According to the prevailing leading role of technology Administration of Taxation (SAT) Corporate Income Tax Law (CIT (hereinafter collectively as “three Law) effective from 2008, HNTEs Encouraging innovation in research Ministries”) jointly released the specially supported by the State and development (R&D) and driving Notice Regarding the Amendment could enjoy a reduced CIT rate of economic upgrade have always been of the “Administrative Measures 15%. Based on this incentive, the the spirit of HNTE policies. The for the Assessment of High and three Ministries jointly released the New Working Guidelines reflects New Technology Enterprises Administrative Measures for the this spirit and emphasises the (HNTEs)” (Guokefahuo [2016] Assessment of HNTEs (Guokefahuo leading role of technology either No.32, hereinafter referred to as [2008] No.172) and the Working explicitly or implicitly in many “Circular 32”) on 29 January 2016, Guidelines for the Administration areas. which provides the policy direction and Assessment of HNTEs for HNTE’s assessment under a new (Guokefahuo [2008] No.362). 1. Importance of core regime. These two circulars formed the technology HNTE tax regime in China (the The New Working Guidelines After the issuance of Circular 32, previous regime) and have made stresses the importance of core the refinement of the supporting great contribution to promoting technology for HNTEs. For working guidelines has become the innovation and development instance, it reiterates the high and the main focus of all relevant of such enterprises during the past new technical products (services) parties. Due to the absence of the eight years. should contain technology that latter, the HNTE assessment for makes a core technical contribution. 2016 has been suspended at local In recent years, to support start-ups This requirement is consistent levels. Finally, on 22 June 2016, and innovation, the need to improve with that in Circular 32 and more the three Ministries released the HNTE policies and encourage
44 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 45 Finance
straight-forward than that under the payment receipt can also be Moreover, factors such as the previous regime. Enterprises Encouraging used to prove the validity of patents. contribution to the formulation are suggested to carefully study innovation in research This solves the previous issue that of the national standard, industry the interpretation related to it usually takes a relatively long standard, examination methods or “technology” in the New Working and development time to obtain the authorisation technical code will also be taken external Guidelines to avoid any overlooking (R&D) and driving certificate. into account for reference. R&D institutions, transformation or misunderstanding. economic upgrade Highlight 2: refinement of 2. For the evaluation of of technological have always been the achievements, staff training 2. Clarification on relevant the evaluation mechanism of transformation capability of scientific and technological and incentives, etc. Obviously, R&D concepts spirit of HNTE policies. innovation capability R&D management capability Accurate identification of R&D achievements, a higher requirement is imposed on the number of plays a significant role in the activities is the cornerstone Chinese medicine, exclusive rights The New Working Guidelines has transformed achievements, e.g. at evaluation. It is also worth noting of obtaining and maintaining to layout-design of integrated upgraded the evaluation mechanism least five transformed achievements that the New Working Guidelines the HNTE qualification. While circuits, etc. should fall into category under the previous HNTE regime to (instead of four) are needed for reiterated that an auxiliary account inheriting the definition and I, while new utility model patent, an innovation capability evaluation the purpose of being recognised must be set up for the calculation of determination approaches of R&D design patent, software copyrights to the high and new technical mechanism and made some as having a strong transformation R&D expenditure. activities set forth in the previous (excluding trademarks) should fall products (services) satisfying both refinements, which demonstrates capability. In addition, the New HNTE regime, the New Working into category II. the State’s growing emphasis on and 4. For the indicators evaluating of the following criteria: Guidelines has elaborated the Working Guidelines provides rigid view in innovation capability. the interpretation of “scientific enterprises’ growth capability, “capability to transform scientific • Frequency of using IP right for • have ownership of IP rights which Key changes of the upgraded and technological achievements” one of previous indicators, i.e. total and technological achievements”, HNTE application: IP right under make a core technical contribution; mechanism include: and “transformation” of these assets growth rate has been replaced expanded the scope of intellectual category II should be only used one and achievements, and lists the forms by net assets growth rate, which is property (IP) right and classified IP time for the HNTE application. 1. Previously, the evaluation of IP of transformation. These practical more reasonable. right into different categories, which • the revenue derived from such rights only relates to the quantity. guidelines would help enterprises to provide a more practical reference • Ownership of IP rights: In case products (services) accounts for Now the quality of IP rights will also do a better self-evaluation of their Highlight 3: clarification for enterprises to evaluate their of multiple owners of a single IP more than 50% of the revenue be considered with three factors, transformation capability. R&D and technology capabilities. right, only one owner could use i.e. advancement of technology, to the definition of certain derived from all high and new the IP right for HNTE application terms for the purpose of technical products (services) during core technical contribution to the 3. The evaluation of the and other owners cannot use it for the same period. 3. Optimising provisions on main products (services), and the organisational and management assessment application purpose throughout the IP rights source of the IP right. In particular, capability for R&D activities valid period of that owner’s HNTE The New Working Guidelines has 2. Total employees and scientific The New Working Guidelines IP rights obtained through self covers a wider range of factors qualification. unified the previously inconsistent and technical personnel should be optimises the provisions in relation R&D will get more credit than such as the organisation and definition of certain terms used in counted according to the monthly- to IP rights in the following areas: those through grant/transfer, management system of R&D • Proof of validity: In addition to the calculation. In particular: average number throughout the donation, merger and acquisition, activities, financial accounting, the authorisation certificate, an year. • Scope of qualified IP rights: indicating the State’s determination in-house R&D department and its authorisation notice together with 1. Main products (services) refer The provision that IP right could to encourage self R&D activities. R&D competence, cooperation with be acquired via an exclusive 3. Sales revenue refers to the sum global licence has been removed. of main operating income and other In addition, new state-level operating income. agricultural varieties, new state- level medicines, state-level grade-1 4. Total revenue should be protected traditional Chinese calculated by deducting non- medicine are included into the taxable income from gross income. scope of qualified IP rights. It should be noted that the scope of gross income and non-taxable • Classification of IP rights: The income should be in accordance New Working Guidelines has with the provisions of the CIT Law. classified the IP rights set out therein into two categories (i.e., category 5. Regarding R&D expenditure, I and category II) for evaluation the close connection between R&D purpose. For example, patent for expenditure and R&D activities invention, new varieties of plants, under the previous regime has state-level agricultural varieties, been retained in the New Working new state-level medicines and state- Guidelines. Meanwhile, some level grade-1 protected traditional R&D expenditure has been refined
46 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 47 Finance Finance
or re-classified. What’s more, re-assessment Technical analysis is the foundation The New Working Guidelines their status concerning IP rights, the ceiling of “other expenses” of enterprises’ for enterprises to obtain and optimises the IP right provisions scientific and technical personnel, which can be taken into account qualification on maintain the HNTE qualification in many aspects, such as its scope, R&D expenditure and operation for R&D expenditure calculation a request basis by while a reasonable accounting classification, frequency of use, income, etc. throughout the valid (i.e. materials fee, consulting fee, relevant authorities, treatment could substantiate their ownership, proof of validity and period of the HNTE qualification. meeting fee, etc.) against total R&D requirements in eligibility to HNTE qualification. assessment method. Enterprises Meanwhile, they are also suggested expenditure is increased from 10% case of name change As the New Working Guidelines should pay close attention to the to improve the documentation for to 20%. and other significant stresses the importance of the comprehensive management of IP R&D activities and the maintenance changes, cross-region leading role of technology in rights, and improve the core value of of auxiliary accounts for R&D Highlight 4: relocation, etc. These multiple areas, enterprises shall their technology. This is particularly expenditure as well as other enhanced supervision and standardised rules will perform technical analysis and critical for group enterprises. relevant documents, and ensure provide clear guidance to in- assessment in a more cautious They have to not only ensure the consistency of all reported administration charge authorities and relevant manner and appreciate the inherent that the IP rights owned by key information. enterprises when dealing with connection between technology and enterprises satisfy the quantitative The administration and assessment relevant matters. various assessment criteria such as and qualitative requirements for of HNTEs relies on the collaboration 4. Establish a systematic Like the previous regime, high and new technology domain, HNTE assessment, but also balance among the Administration Office administration mechanism Enterprises are suggested to pay enterprises should engage high and new technical products the frequency (i.e. IP rights under of the Leading Team, assessment From past experience, HNTEs more attention to the rules relevant intermediary agencies to conduct a (services), R&D expenditure, category II shall be used only once institutions, intermediary agencies were generally confronted with to key examination, submission of special audit or verification on their scientific and technical personnel, for HNTE application) and validity and experts, as well as continuous problems during the application annual report and re-assessment. It R&D expenditure and income from etc. Given the emphasis on the of IP rights among other group monitoring by in-charge and validity period of HNTE is also worth noting that although high and new technical products leading role of technology in the members. authorities. The enhancement qualification, most of which could under the new regime, the HNTE (services) and then issue a special New Working Guidelines, it could on the administration is mainly be attributed to the negligence of assessment procedures have been report. be anticipated that technology will reflected in the following areas: 3. Improve daily anagement technological issues and the lack simplified, post-administration is It is noted that the New Working become a key focus area during the of key indicators of an efficient risk-control system. apparently enhanced. Guidelines has recognised tax assessment and post-administration The New Working Guidelines From the perspective of “cost- The New Working agents as qualified professionals of HNTEs under the new regime. further stresses the mechanism benefit efficiency”, enterprises are 2.Improve the expert panel of intermediary agencies. It also of key examination and annual recommended to consider setting Guidelines has evaluation mechanism enhances the administration on 2. Comprehensive report, which requires HNTEs up a coordinated team comprised recognised tax The evaluation conducted by expert the discipline of intermediary management of IP rights to timely monitor and manage of technical experts, financial and agents as qualified panels is a key part of the assessment. agencies – for serious misconducts tax personnel, and developing a The New Working Guidelines has or falsification committed by the systematic risk control mechanism professionals kept the expert appointment system intermediary agencies, they would so as to avoid compliance risks. of intermediary and the practice of dynamical be barred from any work in relation management of the expert database, to the HNTE assessment in the After the issuance of the New agencies. and introduces financial experts to following three years. Working Guidelines, the local- review special reports, tax returns level authorities will commence 1. Enhance the supervision filed and financial accounting The takeaway the HNTE assessment work under reports. It also reduces the number the new regime. It is expected that on HNTEs 2016 is the inaugural year for of experts required for the database the new HNTE regime. A lot of the New Working Guidelines will The New Working Guidelines and clarifies the rules of expert implementation issues may arise in provide more practical guidance refines the supervision on evaluation as well as introduces practice. Enterprises should attend for the HNTE assessment and HNTE assessment and the post- penalty for their violation behaviour. to the provisions specified in the raise the standard on HNTE’s administration. In particular, In addition, technical experts New Working Guidelines, which in daily management. Enterprises are during the process of assessment, should not be less than 60% of the fact put forth more rigid standards suggested to put more effort in the the assessment institution could members of the expert panel and on the HNTE assessment. While management of HNTE qualification perform on-site investigation on the leader of the panel should be applying for the HNTE qualification and relevant tax preferential the applicants where necessary assumed by a technical expert. and enjoying the preferential tax treatment, enhance compliance and the Administration Office of These requirements show the treatment under the new regime, level and mitigate relevant risks. the Leading Team could randomly important role of technology during enterprises shall pay close attention select and examine the quality of the assessment of HNTEs. to the following matters: the assessment. As for the post- administration, the New Working Guidelines also set out relevant 3. More stringent 1. Leading role of Visit us online: rules regarding key examination, requirement on qualified technology btianjin.cn/161011 the annual report of enterprises, intermediary agencies
48 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 49 On the Horizon
Yet during China’s Exponential urban to afford is a key issue, forcing its On the growth during the 2000’s till now, work force to seek cheaper houses o t h e r An Evermore Thirsty Tianjin major urban areas in the north have further and further from the CBD. hand, the been gulping away increasing demand This in effect places extra problems staggering Water Conservation & Transportation on an unprecedented level. The latest on transportation to and from these population Danjiangkou Diversion of water has areas. Thus, the concept of CBD of China isn’t sought to calm the storm, yet it is and sector redistribution as well as going to disappear clear that this does not resolve China’s new residential zoning to Tianjin anytime soon. So looming water shortage problem and Hebei would appear to make something needs to be done. Beijing in the long term. Furthermore, the some sense in elevating commuter and its five ring roads mark the five establishment of Jing-Jin-Ji in the problems in Beijing. However, the times that the city limits have had to distant future would add a critical likelihood is that this will cause be extended. To continue this trend stress to an already serious problem. housing prices in Hebei and Tianjin is unsustainable and would lead to In the north of China the average to jump considerably, potentially a worsening of an already strained water per capita is around 200 degrading the wealth gap. infrastructure. cubic meters (2014), yet in Beijing consumption levels were 70% higher Apart from water and housing Water is life and there is no way than the total water supply of 2012. issues, many scholars have raised around it. Yet this is a lurking problem their eyebrows at countless other on the rise that may seem as simple By Richard J. Cook In the current state of affairs, issues with the prospect of Jing-Jin- to most, but offers the consequential his month a major milestone in Tianjin’s water supply was marked by the opening of further tributaries to the the demand for water is already Ji. Of these scholars a sizable number problems of greatest importance. “Danjiangkou Diversion”, a major south to north water diversion program. The milestone was immediately outstripping supply and the seem to remark at the project’s sheer The issue is Tianjin’s great increase in followed up with the announcement of the initiation of a new major water diversion artery, again designed to establishment of Jing-Jin-Ji would complexity and just how catastrophic water consumption, specifically over Tsupply Tianjin. The follow-up announcement highlighted this project as being one of “supreme national importance”, as cripple China’s water supply system, a failure it could be. With other the last 10 years. Exponential urban it aims to swerve Tianjin and major urban and industrial centres of the north from a major resource disaster. leading to a chronic water shortage. Chinese megalopolis’ under the growth in the midst of the great This could potentially cause microscope and receiving a battering Chinese economic boom has meant devastating crop failure and problems from academics over general that water supply, distribution and At the apex of national strategy is the crucial problem of water demand which has skyrocketed over the course of the with the ever so important coal mismanagement regarding ‘ghost increasing demand have triggered last few years. To bring this issue into perspective, it is noted that the north of China is currently experiencing a major industry water supply, thus posing a cities’, it remains to be seen what a alarm bells. In addition, the 13th Five water crisis and has been doing so for the better part of the last 25 to 30 years. As China’s economic boom intensified major energy security problem. definitive plan will look like. The big Year Plan has called for and strives urbanization strategy and coordination the water problem became more and more apparent and until fairly recently had taboo is whether China can shift from for further developments to skyrocket issues of demand and supply come under the microscope. old urban designs and provide itself China’s urbanization to a whopping A further case study sparking innovation to come up with super city 60% by 2020. interest is the housing market and Unprecedented requires 345,000 people to be It is expected that his pan- model that it is proposing. This said, what effect Jing-Jin-Ji would have on The latest project aims to increase relocated, raising concerns for local China project will raise the water failure is absolutely not an option. Hebei and Tianjin. Beijing’s inability the water transfer supply from cultural heritage and relocation quality as new technologies can Visit us online: south to north along a sophisticated consultation. The scale has been be implemented. In addition, the btianjin.cn/161012 network of canals and waterways. described as colossal, yet specific project will also pave the way for An estimated 1 billion cubic meters figures for this remain in the dark. further public relations interactions of water will be transferred in the highlighting water conservation coming year, adding to the 45 billion schemes, especially in rural areas. transferred annually since 2002. The Other major remarks have also led recent announcement has been one to public consultations within Henan of the most radical and major ones and Hubei provinces about potential The Great Water Debate to date, designed to facilitate further side projects regarding river tourism, fishing and the establishment of For the past 50 years there has water supply to an estimated 8.5 been a great debate on the topic of million people in the Beijing-Tianjin- several water parks and reservoirs. At the centre of the issue is the reservoir water supply to the Beijing, Tianjin Hebei region, also classified as Jing- and Hebei region and the recent Jin-Ji. improvement scheme at Wang Qingtuo and Beitang. Phase 1 of the completion of the “Danjiangkou scheme is expected to be complete by Diversion”, a major water diversion This latest announcement additionally as early as spring 2017, significantly from south of China to the north explains that several heavy industrial aiding Tianjin city’s water supply. has satisfied the problem in the short centers from Shanxi to Hebei must Beitang reservoir may well be term. The earlier constructed three be relocated, also allowing for the operational as early as Christmas, canals have brought around 45 billion redevelopment of these industries relieving strained water supply efforts cubic meters of water from the south to incorporate newer and greener to the Binhai New Area. to the north annually since 2002. technologies. Moreover, the project
50 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 51 Management
the three or four most important Mr. Leo stopped pieces of information that you can me and said: “I would Key tips to pitch provide. Also, make sure to quickly go like to know, the matter through your presentation and handle behind the 20 minutes?” He questions at the end as by doing so kept silent for few seconds then said your company you will make the audience commit “I thought they give a minimum of that to not interrupting you so that your one hour pitch”. I told Mr. Leo that the purpose pitch can flow better. there are three main reasons for that. of a pitch is to stimulate interest and and approach Firstly depending on your laptop, you to get a second meeting, therefore a To reach your need time to make it work with the 10-slide presentation will help keep projector. Secondly, if your previous his idea compelling. objective in a shorter, meeting was running long, which is potential simpler and more what usually happens, you may not I continued, Mr. Leo, when effective way, the first have the full hour especially if your developing your slides present meeting might have to end on time. thing you need to do the problem and the opportunity buyers Thirdly, you want ample time for and avoid citations of consulting is to be prepared as discussion. So 20 minutes is all that studies about the future size of your you will get and you must eventually any obstacle that you market. Moreover, make sure to master your presentation within that paint a picture of the world that you will encounter during period of time. are offering and explain how you your pitch moment is alleviate pain. Don’t forget to cite the your fault. I then explained to Mr. Leo about the technology behind your product as thirty-point text. I told him that the well as the way you make money. large size of the font and the paucity Thirdly, explain yourself and what of text are because slides are to lead, When you are preparing your slides your startup does in 6 minutes, not read. I continued saying: “people explain how you are going to reach not more, where you go straight to bout a month ago, Mr. Leo a mid- implemented when pitching. And I started can read faster than you talk and if your customers and summarize your the point on each element of your age entrepreneur who is running talking... you put too much detail on the slide, marketing leverage points. Also, introduction. After your introduction, his own company in one of the the audience will read ahead of you provide a complete view of your Aincubators that I consult, came to me and observe your 10/20/30 rules where and not listen to what you are saying”. Mr. Leo, since you have the beta version competitive landscape, where people said: “Marwan, I have approached many you present 10 slides in 20 minutes of your next big thing, the most important I later on moved to the 10 slide will know why you are good, NOT investors but none of them seems interested with a minimum of thirty-point text. step for your business now is for you to presentation explaining to Mr. Leo why your competition is bad. This in my new idea, even though I gave them pitch your product to potential buyers. This a very deep and detailed presentation and matter is not only for raising money but Marwan Emile Faddoul made sure that I shared everything I have”. for reaching agreements that could yield to (Managing Partner Mr. Leo’s idea was a good innovative idea NFG Consulting LLC) many outcomes including sales, partnerships related to biotechnology and he had a good and new hires. chance getting pitched by investors.
To reach your objective in a shorter, simpler Since pitching is one of the most important and more effective way, the first thing you criteria that any entrepreneur should need to do is to be prepared as any obstacle master, I asked Mr. Leo to share with me his that you will encounter during your pitch presentation. So he did and after 30 minutes moment is your fault. You are the one to be talking, I asked him to stop. His presentation blamed simply because there is no recovery was simply not good enough, too much for a bad start. talking non sense, a lot of slides not related to his main objective and most of the slides were not well structured and full of text. The second thing on your list is to set the stage for everyone to have the same expectation and for you to be ahead of the Knowing that he is coming from a technical game. Mr. Leo, for your next pitch know how background and that he doesn’t have much much time you have, as you need to respect experience in dealing with people, I decided the value of your audience’s time by not to go back to basics and share with him running over your limit. Moreover, know the important elements that should be
52 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 53 Management
InterMediaChina www.businesstianjin.com
will add to as each slide should communicate question, because the significance the current one point, with bullets to support that of what you are or he is saying is not status of your product, its point. always self-evident. future prospect and the way you will use the money you are - Five, use a dark background, as it - … and don’t forget to discuss a real- trying to raise. helps communicate seriousness and world use or scenario of a feature of substance. On the other side a white your product. BEST GIFT TO YOURSELF or YOUR FRIEND Finally, you need to mention your or light background looks cheap and management team, your financial amateurish. When I finished sharing my point of projections and key metrics. These view on the matter, Mr. Leo looked financial projections and key metrics at me and said: “I wish we had that help venture capitalists understand Provide a conversation weeks earlier”. I told him the scale of your business, examine complete view of that developing a proper presentation the assumptions of your business your competitive and knowing how to present it is model and determine how much important. However, none of it capital you will require. landscape, where matters if we don’t practice an average people will know of 25 times to make our pitch perfect. TO In conclusion, make sure to apply why you are good, Mr. Leo, you were able to learn these 9 tips that will help you bring NOT why your on your own and to improve your your pitch closer to perfection: presentation a bit every time. So now, SUBSCRIBE competition is bad. take advantage of the tips that I gave you and keep practicing. He thanked - One, don’t read your slide when you me and left. are presenting, the text on your slide - Six, make printable slides to should simply be your anchor point. insure that your slides work when While leaving I said: “One more BUSINESS TIANJIN MAGAZINE printed too, especially because some thing, make sure to disclose at an - Two, you have a wonderful logo, investors require a hard copy of your early stage of your fund-raising make sure to add it to your master presentation. process, any crude in your company page and let it appear on every slide that you haven’t or can’t clean up as part of your brand awareness - Seven, when pitching make sure to immediately. This will help you retain by taken photo of your business campaign. let one person do the presentation, as a strong credibility with investors.” card (or your friend) and send to us investors care to hear the person in He smiled and each one of us took his by Wechat scanning this QR Code. - Three, do not only use words and charge talking not an entire team. separate way. blocks of texts. Use diagrams to If you don’t have business card, just ADD US in your Wechat to above QR explain how your business works - Eight, when making a statement code or send email to : and graphs to explain trends and you or any person who is presenting Visit us online: numerical results. [email protected] should ask himself the “So what” btianjin.cn/161013
- Fourth, use only one level of bullets, Subscription Price for Business Tianjin 3 issues = 80rmb 6 issues = 144rmb (10% discount) 12 issues = 256rmb (20% discount)
SPECIAL JOIN SUBSCRIPTION Business Tianjin Magazine + Tianjin Plus Magazine ADDITIONAL discount of 30% discount. 3 issues = 108 RMB 6 issues = 195 RMB + GIFT: POWER BANK for Mobile Phone 12 issues = 348 RMB + GIFT: MEMORY STICK, 32GB, USB 3.0 Chamber Reports Past Events
Debut Prestigious Executive Residences >> European Chamber’s Support for Your Business F&T Seminar: Tax and Legal Challenges Arising from Global Employee Mobility @ The Ritz-Carlton 全球人员派遣带来的税务与法律风险 Date: October 13th he Ritz-Carlton Executive Residences will inaugurate world-class luxury designer homes unlike anywhere else Time: 13:30 - 16:30 in the heart of Tianjin on September 28th, 2016. Twinning exceptional facilities and design with the legendary Venue: 41F, Tianjin World Financial Center, 2 Dagubei Lu, Heping District, Tianjin service of The Ritz-Carlton, the 118 residences will rank among the most prestigious in Tianjin’s historic former TBritish Concession and Central Business District. Under the economic development, employee mobility certainly will be more competitive and complicated given the In a century-old landmark building adjacent to The Ritz-Carlton beside the Hai River, the elegant residences offer availability and diverse locations of talent and thus effective talent deployment will become the key to business' success. peerless convenience, just a stroll from Tianjin’s main business and entertainment districts. Behind a grand façade, the In order to be effective, companies need to coordinate each aspect properly. In this seminar, the European Chamber style is equally impeccable with interior design reflecting Tianjin’s unique Chinese and European heritage by luxury Tianjin Chapter invited the experts from PwC, who will share the latest global mobility and IIT trend by using various hospitality designer Pierre-Yves Rochon. case studies and explore solutions to some of the typical issues and challenges other companies face in the mobility process. The Executive Residences, which are serviced apartments, feature a choice of single, double and triple luxurious homes with state-of-the-art designer fittings including centralised air purification, BOSCH kitchen appliances, international TV >> European Chamber’s Support for Your Networking and high speed Internet. 2016 European Business Gala Dinner While sharing the hotel’s complex and first class facilities, the Residences have private, residents-only facilities including a The Light of Art (Tickets available!) lobby, breakfast room, media room, kids room, library, gym, sauna and steam-whirlpool bath. In addition, distinguished Date: October 21th service of The Ritz-Carlton includes daily housekeeping, exclusive 24-hour concierge and various family activities, Time: 18:30 - 21:30 ensuring an exceptionally comfortable and convenient 5-star lifestyle. Venue: The Ritz-Carlton Tianjin The opening of The Ritz-Carlton Executive Residences, Tianjin in one of China’s most strategically important cities reflects our desire to meet the growing demand for luxury experiences of international standards,” said Hugo Montanari, Join European Chamber for the glamorous European Business Gala General Manager of The Ritz-Carlton, Tianjin. “The Residences will accelerate our guest recognition in Tianjin for Dinner this year at Ritz-Carlton Tianjin and indulge yourself in service commitment towards creating memorable residential experiences that stay with guests for life.” the air of festivity. The glittering Business Gala Dinner promises an evening of breath-taking lucky draw prizes and excellent cuisine whilst providing quality networking time to socialize with our members and invited guests and a perfect opportunity to make new contacts, entertain key clients and get together with your colleagues. Expect a night with live band, fun on the theme of "The Light of Art" for interactive EU Culture quiz, typical European food prepared by a French Chef, surprising lucky draw prizes and the elegant environment of Ritz-Carlton! >> European Chamber’s Care for Your Well-being 2016 European Chamber Badminton Tournament! Date: November 19th
The European Chamber Tianjin Chapter First Ever Badminton Tournament is being held! Feeling tired of the regular business schedules? Wanting to move away from meeting tables? Are you thirsty for some quality fun time with friends and colleagues? Then you should NOT miss this refreshing Badminton Tournament - an excellent opportunity for team building and bonding with friends. Refresh your body and soul while meeting those who share your interest in sports!
Sponsorship opportunity is available for this event! For more information, please contact Ms. Lorraine Zhang @ 022-5830 7608 or via [email protected]
41F, The Executive Center, Tianjin World Financial Center, 2 Dagubei Lu, Heping District, Tianjin 300020. Tel: +86 22 5830 7608 Email: [email protected] Website: www.europeanchamber.com.cn
56 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 57 Chamber Reports Reports Chamber
08.09.2016 Tianjin Custom Wood 01.09.2016 Processing Co., Ltd. Seminar - Finance, Law and Tax: A Brief and Practical Explanation of the Most Important AmCham China Tianjin Chapter, in Chinese Regulations for Foreign Managers its series of advanced manufacturing company tours, took members to Tianjin Custom Wood (TCW) this month get a If foreign managers take on a leading position in a company in China, they have glimpse at the highly technical processes to make decisions on a daily basis to maintain the company’s operations. In order involved in making a pencil. Located to give an overview about finance, law and taxation basics for foreign managers in in Tianjin’s Dongli district, TCW is China the German Chamber of Commerce offered a seminar on these topics on currently celebrating its 20th anniversary. September 1, 2016. The speakers Dr. Martin Seybold and his colleague Ms. Tanja Fuchs from Roedl & Attendees were greeted by Jon Reed, Exclusive Company Tour to Tianjin Custom Wood Processing Co., Ltd. Executive Vice President of TCW and Partner introduced law, finance and tax issues such as forms and legal structures of the Vice Chair of the Tianjin Chapter of AmCham China. Attendees then got the chance to see how TCW makes pencil foreign invested enterprises and senior management liabilities in China. They also slats, thin wood components used to produce wood-cased pencils. A surprising amount of technology and expertise was provided advice for Chinese accounting requirements and explained characteristics involved in making the high-quality cedar pencils. of Chinese annual financial statements. At the end participants had the chance to CalCedar, the California-based parent company of TCW, is the world’s leading supplier of pencil slats. TCW produces discuss and ask questions. pencil slats in a variety of wood species, from China to California and Russia. Each species has particular advantages and 20.09.2016 disadvantages and offers a variety of economic, ecological and technical performance benefits to the pencil manufacturer and to the consumer. And, each species requires a specific TCW manufacturing process in order to produce pencil slats Plant Tour and HR Round Table at that will meet the demands of the global pencil manufacturing industry. Volkswagen Automatic Transmission (VWATJ) in Tianjin This tour is the 17th stop in AmCham China Tianjin’s series of company tours introducing our members to the world of advanced manufacturing, with previous stops at Toyota, Caterpillar, Boeing, GE, ADM and many more. Together with Volkswagen Automatic Transmission the German Chamber of Commerce organized a VIP plant tour and HR round table at VWATJ. During the tour the participants got an insight into the production process, construction highlights as well as administrative areas and had the chance to directly discuss questions with representatives of VWATJ. After the tour the opportunity was used to create a cooperative network and a platform of exchange for different HR topics like recruitment and retention of personnel. About 30 professionals attended the tour and shared their precious knowledge and experience.
Upcoming Events: Tianjin’s Second Joint Chamber Golf Tournament Date: October 15th Time: 10:00 – 20:30 Golf Tournament Venue: Tianjin Panshan Golf Club Awards Banquet Venue: Jixian Marriot Hotel The golf tournament will be held at Tianjin Panshan Golf Club and the format of this tournament will be Two Person Best Ball Scramble. In addition to an excellent day of golf and all-day free flow drinks, the event will also feature a buffet dinner and lucky draw prizes during the Awards Ceremony at the Jixian Marriot Hotel. Don’t miss your chance to enjoy a round of golf, meet new and old friends and relax with your family. Amcham Tianjin has designed different packages that include hotel rooms at the Jixian Marriot Hotel, golf on October 14th and 16th. Upcoming Events: Room rates are as below: Biz-Socializer • RMB750 net - One night stay at Deluxe Room, inclusive of up to 2 daily breakfasts and round trip transportation th to and from Panshan Golf Course. (Room rate valid from Oct. 14 to 16) Date: October 11 Time: 19:00 – 22:00 Venue: The Ritz Carlton Tianjin • RMB1250 net - Two nights stay at Deluxe Room with up to 2 daily breakfasts and round trip transportation to and VAT Seminar from Panshan Golf Course. (room rate valid from Oct. 14 to 16) Date: October 13th Time: 14:00 - 17:00 Venue: GCC Tianjin Kammerstammtisch Tianjin th Tickets: Date: October 26 Time: 19:00 – 22:00 Venue: Drei Kronen 1308 Brauhaus Tianjin SAVE THE DATE: German Soccer Championship 2016 • Individual: RMB 1100 * th • Non-golfers: RMB300 to attend the awards banquet. Date: October 23 * The fee includes greens fee, golf carts, facilities and caddies (does not include caddy tip and golf clubs), registration pack, sack sandwiches, Come to the yearly Soccer Championship of the German Chamber of Commerce in Tianjin awards banquet, return transportation and lucky draw. and enjoy a full day of fun with colleagues, family and friends! Every year the event attracts more than 300 visitors and spectators and is already a highlight for members and friends of Tee times for this event are limited to 80 people, so book your spot early! Tickets will not be sold at the door and need to be paid in advance. the German Chamber. For more information on booking tickets or sponsorship, please call the AmCham China, Tianjin office at 022-23185072, In exciting games 10 teams will compete for the title of the German Soccer Champion or send an e-mail to [email protected]. Contact person: Amanda He 2016. Additionally, there will be a variation of Chinese and Western food, German beer and other beverages. At the game area you have the chance to win amazing prices by scoring at Tianjin Monthly Executive Breakfast Briefing the Soccer Target Shooting (Torwandschiessen). For the little ones there will be two kids th Room 2918, 29F, The Exchange Tower 2 programs with soccer related games and sportive activities. Date: October 20 Time: 7:15-9:00 Venue: Tangla Hotel, Tianjin 189 Nanjing Lu Heping District Tel: +86 22 2318 5075 Fax: +86 22 2318 5074 Room 1502, Global Center, www.amchamchina.org No. 309 Nanjing Road, Nankai District, Tianjin 300073 58 Oct 2016 I Business Tianjin Tel / Fax: +86 22 8787 9249 Oct 2016 I Business Tianjin 59 [email protected] Lifestyle Recommendations / Tianjin Lifestyle Recommendations / Tianjin DINING DINING SERVICES
Bazndei Yunnan Food Always Thai Restaurant Blufish Restaurant Café Venice Hopeland international A:Joy City IF Street - B3, Nankai A: Tian Xi 22/23-133.Ao Cheng A: 1st Floor, Lotte Plaza, No.9 A: 2F, Holiday Inn Tianjin Riverside kindergarten Haiyi Campus TIANJIN District, Tianjin Plaza, Nankai District, Tianjin Leyuan road, Hexi District Phoenix Shopping Mall A: No. 5 Cuibo Road, Meijiang T: +86 22 87897222 T: +86 18602289919 T: 022-58908018 East Haihe Road, Hebei District The Lobby Lounge Bay, Tianjin Chinese 坝美云南菜 泰香来东南亚主题餐吧 O: Sunday - Tuesday 10:00-21:30 T: +86 22 2627 8888 ext. 2271 A: 1st Floor, The Ritz-Carlton, T: +86 22 6046 2555 南开区南门外大街大悦城if如果街 南开区奥城商业广场天玺22/23- blue frog (Riverside 66) Friday - Saturday 10:00 - 22:00 威尼斯咖啡厅 Tianjin, No. 167, Dagubei Road, 华兰国际幼稚园（海逸园） Heping District, Tianjin IF-B3 133 A: Unit 3009, Riverside 66, No.166 布鱼Blufish法式餐厅 河北区海河东路凤凰商贸广场 梅江湾翠波路5号 Xing’an Road, Heping District 越秀路与乐园道交口银河国际购物 天津海河假日酒店2楼 T: +86 22 5857 8888 ext. 5091 Western ritzcarlton.com/tianjin YU FEI YU Roast Fish T: +86 22 23459028 中心乐天百货首层F&B-1-2 W: Jeff’s House Kindergarten 大堂酒廊 A: No. 59, 3F, North Area, Joy Promenade Restaurant 蓝蛙（恒隆广场店） A: No. 77, Munan Dao, Heping District 中国天津市和平区大沽北路167号 City, No.2 Nan Men Wai Street, Featuring gorgeous views of the 和平区兴安路166号恒隆广场3009 Trolley Bar & Grille T: +86 22 2331 0236/0636 天津丽思卡尔顿酒店一楼 Nankai District Hai River, Promenade provides the 室 A: Aocheng Plaza, Tianjin 22/23- 杰夫幼稚园 Tian Tai Xuan T: +86 22 86665282 exclusive dining experience with South 119, Nankai District, Tianjin 和平区睦南道77号(近河北路) A: 1st and 2nd Floor, The Ritz- Inasia Restaurant WE Brewery 11:30 - 21:30 East Asia flavors, Indian gourmet, T: +86 15222091582 Carlton, Tianjin, No. 167 Dagubei O: blue frog (Joy City) (Olympic Stadium Store) A: 4 Yi He Li, Xi An Road 80 - 100 Chinese and Western traditional cuisine 1F-J02, Joy City, No.2 Nanmen 乔尼西餐厅 SmartKidz International Tianjin Road, Heping District, Tianjin P: A: A: 4F, A·Hotel, Olympics Gym, Heping District, Tianjin haoshuihaoyu and more. Wai Dajie Street, Nankai District 南开区奥城商业广场天玺22，23号 A: 5F, Building C, He Zhong T: +86 22 5809 5098 Wechat: Nankai District,Tianjin T: +86 18630888114 1F, The St. Regis Tianjin 楼底商119 Building, You Yi Bei Lu, Hexi District 天泰轩中餐厅 weibo: 鱼非鱼官方微博 A: T: +86 22 27358751 T: +86 22 2382 1666/2233 W: www.webrewery.com No. 158, Zhang Zizhong Road Bistro Thonet T: +86 186 2230 2923(English) 和平区大沽北路167号天津丽思卡 鱼非鱼（天津大悦城店） 蓝蛙(大悦城店） 美轩亚萃餐厅（水滴店） WE Brewery酒吧 Heping District No.55 Chongqing Road, +86 186 22303272(English) 尔顿酒店一楼和二楼 南开区南门外大街2号大悦城北区3 南门外大街大悦城如果街1F-J02 A: 南开区水滴体育馆A·Hotel四楼 和平区西安道怡和里4号 层59号 T: +86 22 5830 9959 Heping District +86 186 2235 9571(Chinese) O: 11:30 - 14:30; 17:30 - 21:30. +86 186 2230 3926(Chinese) Din Tai Fung Prego Italian Restaurant Browns Bar & Restaurant He Beer Japanese 河岸国际餐厅 E: [email protected] A: No. 18, the junction of Zi Jin A: 3F, 101 Nanjing Road, Heping A: No.108-111, 1st Floor A: Weihua Li, Tong An Road, 和平区张自忠路158号天津瑞吉金 W: Smartkidz-tj.com Shan Lu and Binshui Dao, Hexi Café Vista District Min Yuan Stadium, Heping District Heping District, walk 20m after you 融街酒店一层(哈密道正对面) +86 22 8386 0969 District A: 1F, Wanda Vista Tianjin, 486 Bahao T: +86 22 2389 0173 +86 22 88370588/88370688 Fax: T: turn right from old Alibaba. 天津童慧国际学校 T: +86 22 2813 8138 Road, Da Zhi Gu, Hedong District Prego意大利餐厅 E: [email protected] T: 15522186426 和平区南京路101号三层 河西区友谊北路合众大厦C座5层 W: dintaifung.com.cn T: +86 22 2462 6888 勃朗斯英式酒吧餐厅 O: From 4pm till late. 鼎泰丰 美食汇全日餐厅 T: +86 22 8713 5555 和平区重庆道83号民园广场西楼一 和喝精酿啤酒吧 河西区宾水道与紫金山路交口18号 河东区大直沽八号路486号天津万达 Qba - Latin Bar & Grill E: [email protected] 层108-111号 和平区同安道卫华里小区内底商见 International Schools 文华酒店一层 Riviera Restaurant A: 2F, 101 Nanjing Road, Heping W: qingwangfu.com 云霄餐厅右转20米 New Dynasty Riviera brings the casually elegant District 庭悦咖啡 Bars A: 2F, Renaissance Tianjin Seasonal Tastes refined dining experience to Tianjin T: +86 22 2389 0171 和平区重庆道55号庆王府院内 The St. Regis Bar Education featuring modern Mediterranean Q吧 - 拉丁酒吧&烧烤 A: 1F, 101 Nanjing Road, Heping | REVISED 17.08.11 - TO REPLACE PREVIOUS VERSION | The most beautiful bar in town with District -French dishes paired with selections 和平区南京路101号二层 1863 Bistro & Terrace stunning river view. A rare haven T: +86 22 2389 0168 from an supurb list of international A: 1F Astor Wing, The Astor Hotel, of refined luxury, The St. Regis International School of Tianjin 知味全日餐厅 wines. Pan Shan Grill & Wine A Luxury Collection Hotel, Tianjin No. Bar is a place for guests to enjoy A: Weishan Lu, Jinnan District 和平区南京路101号一层 A: 1F, The St. Regis Tianjin. No. A: 2F, Main Building 33, Tai’er Zhuang Lu Heping District the enduring tradition of St. Regis T: +86 22 2859 2001 158, Zhang Zizhong Dao, Heping Sheraton Hotel Tianjin T: +86 22 2331 1688 ext. 8918 Afternoon Tea and a wide selection w: www.istianjin.org District Zi Jin Shan Lu, Hexi District 1863别致西餐厅&花园 of refreshing drinks. 国际学校天津分校 Seitaro NEW YORK KIDS CLUB Lakeview Hotel No.16 Binshui T: +86 22 5830 9962 T: +86 22 2731 3388 ext.1820 利顺德翼，和平区台儿庄路33号天 A: 1F, The St. Regis Tianjin. No. 158 津南区津南微山路 A: 2 F, Sheraton Hotel Tianjin A: 2nd Floor, Happy City Center, Road, Hexi District, Tianjin O: 11:30 - 14:30; 17:00 - 22:00. 盘山葡萄酒扒房 津利顺德大饭店豪华精选酒店一层 Zhang Zizhong Road, Heping District Zi Jin Shan Lu, Hexi District Hexi District, Tianjin T: +86 22 5822 3388 蔚蓝海餐厅 紫金山路天津喜来登大酒店主楼2层 T: +86 22 5830 9958 T: +86 22 2731 0909 T: +86 22 8827 5200 天宾楼 和平区张自忠路158号天津瑞吉金 O: 09:30 - 01:30. 清太郎日本料理 Café Majestic +86 22 8827 0200 河西区宾水道16号万丽天津宾馆2 融街酒店一层 1F Haihe Wing, The Astor Hotel, 瑞吉酒吧 河西区紫金山路喜来登大酒店 Spectrum All-Day Dining A: 400 666 0522 层 和平区张自忠路158号天津瑞吉金 Hotline: A: 7F, Hotel Nikko Tianjin A Luxury Collection Hotel, Tianjin No. www.nykidsclub.com 融街酒店一层 W: Bowbow Sushi Japanese No. 189, Nanjing Lu, Heping District 33, Tai’er Zhuang Lu, Heping District www.nykidsclub.com.cn Qing Wang Fu +86 22 2331 1688 ext. 8910 Restaurant T: +86 22 8319 8888 ext. 3570 T: Wechat: Wellington College 凯旋咖啡厅 A: No. 55, Chongqing Road A: Xiannong Area, Intersetion of 彩餐厅 纽约国际儿童俱乐部天津文化中心 International Tianjin 海河翼，和平区台儿庄路33号天津 Heping District Hebei Road and Luoyang Road, ZEST 南京路189号天津日航酒店7层 A: No. 1, Yide Dao, Hongqiao District 利顺德大饭店豪华精选酒店一层 纽约国际儿童俱乐部 T: +86 22 8713 5555 Wu Da Dao, Heping Distrcit, Tianjin A: 1 F, The Ritz-Carlton, Tianjin, T: +86 22 8758 7199 ext. 8001 河西区乐园道9号彩悦城 +86 187 2248 7836 +86 22 5835 2555 T: +86 22 58352860 No. 167 Dagubei Road, Heping Maxim’s De Paris M: 阳光乐园二层 [email protected] E: [email protected] 宝寿司 District, Tianjin A: No.2 Changde Dao, Heping Cholito Spanish Cuisine and E: W: qingwangfu.com T: +86 22 5809 5109 Bar W: wellington-tianjin.cn 和平区河北路与洛阳道交汇西北角 District FLAIR Bar and Restaurant 庆王府 香溢 - 全日餐厅 A: Crossing of Hebei Lu and Hopeland international 天津惠灵顿国际学校 先农大院内 T: +86 22 2332 9966 1 F, The Ritz-Carlton, Tianjin, 和平区重庆道55号 和平区大沽北路167号天津丽思卡 Luoyang Dao, Heping District A: kindergarten Meijiang 红桥区义德道1号 马克西姆法餐厅 No. 167 Dagubei Road, Heping 尔顿酒店一楼 +86 22 5835 2833 Campus SóU 和平区常德道2号 T: District, Tianjin Riverside Chinese Restaurant 西班牙餐厅 酒吧 A: No. 7 Huandao East Road, Tianjin International School A: 49F, Tangla Hotel Tianjin, No.219 & +86 22 5809 5099 T: West side of Jiefang South Road, A: No.4-1, Sishui Dao, Hexi District A: 3F, Holiday Inn Tianjin Riverside Nanjing Road, Heping District Pizza Bianca 和平区五大道河北路与洛阳道交口 FLAIR餐厅酒吧 Tianjin T: +86 22 8371 0900 ext. 311 Phoenix Shopping Mall +86 22 2321 5888 ext.5106 A: No.83 Chongqing Lu, Min Yuan 中国天津市和平区大沽北路167号 T: +86 22 5810 7777 天津国际学校 East Haihe Road, Hebei District 思创 Brasserie Flo Tianjin Stadium, Heping District Le Loft 天津丽思卡尔顿酒店一楼 T: 华兰国际幼稚园（梅江园） 河西区泗水道4号增1 T: +86 22 2627 8888 ext. 2211 南京路219号天津唐拉雅秀酒店49楼 A: No.37, Guangfu Road T: +86 22 8312 2728 A: Cross of Nanjin Lu and Jinzhou 海河轩中餐厅 解放南路西侧环岛东路7号 Italian Style Town, Hebei District 比安卡意大利餐厅 Dao, Heping district O’Hara’s 河北区海河东路凤凰商贸广场 Thai T: +86 22 2662 6688 和平区重庆道83号民园体育场内 T: +86 22 2723 9363, A: Astor Wing, The Astor Hotel, 天津海河假日酒店 楼 3 福楼 +86 18702200612 A Luxury Collection Hotel, Tianjin No. Hopeland international 河北区意大利风情区光复道 号 kindergarten Shuishang YY Beer House 37 Churchill Wine & Cigar Bar 院 33, Tai’er Zhuang Lu Heping District Campus (Behind International Building) A: 1F, Wanda Vista Tianjin, 486 Bahao 和平区南京路与锦州道交口 T: +86 22 2331 1688 ext. 8919 A: No. 46, Xiaguang Street, Weijin A: No. 3, Aomen Lu, Heping Element Fresh Restaurant Road, Da Zhi Gu, Hedong District 海维林酒吧 South Road, Tianjin District A: 1F Joy City, Nanmen Wai Dajie, T: +86 22 2462 6888 Glass House 利顺德翼，和平区台儿庄路33号天 T: +86 22 2339 9634 Heping District 丘吉尔红酒雪茄吧 A: No. 8, Zhujiang Da Dao 津利顺德大饭店豪华精选酒店一层 T: +86 22 2392 3803 华兰国际幼稚园（水上园） 粤园泰餐厅 T: +86 22 8735 3372 河东区大直沽八号路486号天津万达 Zhouliang Zhuang, Baodi District 卫津南路霞光道46号 和平区澳门路3号(国际大厦后侧) 天津新元素餐厅 文华酒店一层 T: +86 22 5921 1234 China Bleu 天津市南开区南马路大悦城一楼 水晶厨房 A: 50F, Tangla Hotel Tianjin, No. 219 宝坻区周良庄珠江大道8号 Nanjing Lu, Heping District 京津新城凯悦酒店 T: +86 22 2321 5888 中国蓝酒吧 南京路219号天津唐拉雅秀酒店50层
60 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 61 Lifestyle Recommendations / Tianjin Lifestyle Recommendations / Tianjin SERVICES SERVICES HEALTH
Astor Apartment Chamber of Commerce Hotels A: No. 32, Tai’er Zhuang Lu Hospitals Hotels Heping District European Chamber T: +86 22 2303 2888 A: 4108, Tianjin World Financial 利顺德公寓 Center, 2 Dagubei Lu, Heping Raffles Medical Tianjin Clinic 和平区台儿庄路 32 号 District A: 1F Apartment Building, Sheraton T: +86 22 5830 7608 Tianjin Hotel, Zi Jin Shan Road, He Xi [email protected] Sheraton Tianjin Hotel The Lakeview, Tianjin-Marriott Sheraton Apartment E: District, Tianjin 300074 europeanchamber.com.cn A: Zi Jin Shan Lu, Hexi District Executive Apartments A: Zi Jin Shan Lu, Hexi District W: T: +86 22 23520143 中国欧盟商会天津分会 T: +86 22 2731 3388 A: No. 16, Binshui Dao, Hexi District T: +86 22 2731 3388 河西区紫金山路喜来登饭店公寓楼 和平区大沽北路 2 号天津环球金融 天津喜来登大酒店 T: +86 22 5822 3322 喜来登公寓 一层，300074 Renaissance Tianjin Lakeview 天津万豪行政公寓 河西区紫金山路 中心 4108 室 Hotel 河西区紫金山路 河西区宾水道 16 号 A: No. 16, Binshui Dao, Hexi District IT American Chamber T: +86 22 5822 3388 A: Room 2918, 29F, The Exchange 万丽天津宾馆 Tower 2,189 Nanjing Lu Heping 河西区宾水道 16 号 District T: +86 22 2318 5075 Tianjin United Family Hospital F: +86 22 2318 5074 A: No.22, Tianxiao Yuan amchamchina.org Tanjiang Dao, Hexi District Fraser Place Tianjin w: 中国美国商会天津分会 T: +86 22 5856 8500 (Reception) Shangri-La Hotel, Tianjin Tangla Hotel Tianjin No. 34 Xing Cheng Towers Ao The Astor Hotel, A: 和平区南京路 189 号津汇广场 2 座 24 Hour Emergency: A: No.328 Haihe East Road, A: No. 219, Nanjing Lu, Heping District Ti Street, West Weijin South Road, NNIT (Tianjin) Technology A Luxury Collection Hotel, Tianjin 2918 室 T: +86 22 5856 8555 Hedong District Tianjin, 300019 T: +86 22 2321 5888 A: 20 F, Building A, JinWan A: No. 33, Tai’er Zhuang Lu, Nankai District W: ufh.com.cn China 天津唐拉雅秀酒店 +86 22 5892 0888 Mansion, No.358 Nanjing Road， Heping District T: 天津和睦家医院 The Ritz-Carlton, Tianjin T: + 86 22 8418 8801 和平区南京路 219 号 300100 Tianjin German Chamber T: +86 22 5852 6888 E: [email protected] 河西区潭江道天潇园 22 号 A: No. 167 Dagubei Road, Heping 天津香格里拉大酒店 A: Room 1502, Global Center, No. 天津利顺德大饭店豪华精选酒店 天津市招商辉盛坊国际公寓 T: +86 22 58856666 District, Tianjin 河东区海河东路 328 号 309 Nanjing Road, Nankai District, 和平区台儿庄路 33 号 南开区卫津南路西侧奥体道星城 34 W: www.nnit.cn T: +86 22 5857 8888 号楼 天津恩恩科技有限公司 T: +86 22 8787 9249 天津丽思卡尔顿酒店 PAN PACIFIC TIANJIN HOTEL 南开区南京路 3 58 号，今晚大厦 A E: [email protected] 和平区大沽北路 167 号 A: No. 1 Zhang Zi Zhong Road, 座20层 中国德国商会天津办事处 Hong Qiao District 南开区南京路 309 号环球置地广场 1502 室 T: +86 22 5863 8888 Wanda Vista Tianjin Real Estate Women’s and Children’s E: [email protected] A: 486 Bahao Road, Da Zhi Gu, Specialized Health 天津泛太平洋酒店 Hedong District, Tianjin 300170 Serviced Office A: No.21,ShuiShangGongYuan East Road,Nankai District 中国天津红桥区张自忠路 1 号 T: +86 22 2462 6888 +86 22 5898 2012 +86 22 2462 7000 T: F: Somerset International 400 10000 16 The St. Regis Tianjin Banyan Tree Tianjin Riverside 天津万达文华酒店 Building Tianjin W: amcare.com.cn A: No. 158, Zhangzizhong Road A: No. 34, Haihe Dong Lu, 中国天津市河东区大直沽八号路 A: No, 75, Nanjing Lu 美中宜和医疗集团天津美中宜和妇 Heping District Hebei District, Tianjin 486 号 Heping District Jones Lang LaSalle 儿医院 T: +86 22 5830 9999 T: +86 22 5883 7848 天津盛捷国际大厦服务公寓 A: Unit 3509, The Exchange Mall The Executive Centre 南开区水上公园东路 21 号 天津瑞吉金融街酒店 W: www.banyantree.com Yi Boutique Luxury Hotel Tianjin 和平区南京路 75 号 Tower 1, No.189 Nanjing Road, 和平区张自忠路 号 天津海河悦榕庄 Asia-Pacific’s Premium Serviced 158 A: No. 52-54, Min Zu Road, Hebei District T: +86 22 2330 6666 Heping District. 河北区海河东路 34 号 Office Provider Arrail Dental Tianjin ( 津塔旁，哈密道正对面 ) T: +86 22 8319 2233 T: +86 22 2445 5511 A: 41F, Tianjin World Financial Center International Building Clinic Hotel Nikko Tianjin W: joneslanglasalle.com.cn 天津易精品奢华酒店 Somerset Olympic Tower Tianjin 2 Dagubei Road, Heping District Rm 302, Tianjin International A: No. 189, Nanjing Lu, Heping District 仲量联行天津分公司 A: 河北区民族路 52-54 号 A: No. 126, Chengdu Dao Tianjin Building, No. 75 Nanjing Rd, T: +86 22 8319 8888 天津市和平区南京路 189 号津汇广 Heping District T: +86 22 2318 5111 Heping District 天津日航酒店 天津盛捷奥林匹克大厦服务公寓 场1座3509室 Shan Yi Li Boutique Hotel W: executivecentre.com T: +86 22 2331 6219/10/67 和平区南京路 189 号 和平区成都道 126 号 A: No.55 Chongqing Road, 天津德事商务中心 24Hr Emergency Line: The Westin Tianjin Heping District. T: +86 22 2335 5888 CBRE Tianjin 和平区大沽北路 2 号天津环球金融 150 0221 9613 101 Nanjing Road, Heping District A: T: +86 22 87135555 A: 42F, Units 12 & 13, Tianjin World 中心津塔写字楼 41 层 W: arrail-dental.com T: +86 22 2389 0088 Holiday Inn Tianjin Riverside E: [email protected] Somerset Youyi Tianjin Financial Centre Office Tower, No. 瑞尔齿科 W: westin.com/tianjin A: Phoenix Shopping Mall 山益里精品酒店 A: No. 35, Youyi Lu, Hexi District 2 Dagubei Road, Heping District. 和平区南京路 75 号 天津君隆威斯汀酒店 Haihe Dong Lu, Hebei District 中国天津市和平区重庆道 55 号 天津盛捷友谊服务公寓 T: +86 22 5832 0188 和平区南京路 101 号 T: +86 22 2627 8888 河西区友谊路 35 号 W: cbre.com.cn 天津海河假日酒店 T: +86 22 2810 7888 世邦魏理仕天津分公司和平区大沽 Gyms Regus Tianjin Centre 河北区海河东路凤凰商贸广场 Serviced Apartments 北路 2 号天津环球金融中心津塔写 天津国际大厦 302 室 8 F, Tianjin Centre, No.219 Nanjing Hotel Indigo Tianjin Haihe 字楼 42 层 12-13 单元 A: A: No.314 Jiefang South Road, Road, Heping District Powerhouse Gym Binjiang Shopping Center, Kaifeng Hexi District, 300202, Tianjin T: +86 22 2317 0333 A: Dao, Xiao Bai Lou (1902 Street) T: +86 22 8832 8888 Associations 雷格斯天津中心 Ariva Tianjin Binhai Serviced Hexi District +86 22 8832 6868 和平区南京路 219 号天津中心 8 层 F: Apartment TICC (Tianjin International +86 22 2302 2008 天津海河英迪格酒店 T: HYATT REGENCY A: No. 35 Zi Jin Shan Road, Hexi Community Centre) Association 宝力豪健身俱乐部 中国天津市河西区解放南路 314 号 Regus Golden Valley Centre District and meeting place for foreign 河西区小白楼滨江购物中心 TIANJIN EAST The Ritz-Carlton Executive A: 11F, Floor, Block One, Golden 126 Weiguo Road, Hedong Dist. T: +86 22 5856 8000 passport holders and their families A: Holiday Inn Tianjin Aqua City Residences, Tianjin Valley Centre, Heping District Tianjin, 300161 Tianjin Goldin Metropolitan F: +86 22 5856 8008 in Tianjin. Organises monthly coffee A: No. 6, Jieyuan Dao, Hongqiao A: No.167 Dagubei Road, Heping T: +86 22 5890 5188 Leo GYM + 86 22 2457 1234 Polo Club www.stayariva.com mornings, luncheons and social/ T: District District W: www.regus.cn A: 3 Floor, Olympic Center +86 22 2434 5666 A: No.16, Hai Tai Hua Ke Jiu Lu, 滨海·艾丽华服务公寓 fundraising events, supporting local F: T: +86 22 5877 6666 +86 22 5857 8888 雷格斯金谷大厦中心 Stadium Swimming Diving Hall, tianjin.regency.hyatt.com Bin Hai Gao Xin Qu, Tianjin T: 天津市河西区紫金山路 35 号 charities. W: 天津水游城假日酒店 天津丽思卡尔顿行政公寓 和平区金之谷大厦一号楼 11 层 Binshui Xi Dao, Nankai District 天津帝旺凯悦酒店 T: + 86 22 8372 8888 E: [email protected] 红桥区芥园道 6 号 天津市和平区大沽北路167号 T: +86 22 6097 6681 天津市河东区卫国道 126 号 W: www.metropolitanpoloclub.com W: tianjin.weebly.com 天津环亚国际马球会 W: leogym.com.cn 滨海高新区海泰华科九路16号 力奥健身 南开区宾水西道奥林匹克游泳跳水 馆
62 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 63 Lifestyle Recommendations / Teda & Tanggu Transportation DINING SERVICES HEALTH
¥83 one way Western Hotels TIANJIN-BEIJING AIRPORT Shuttle Bus BULLET (C) TRAIN TEDA & TANGGU Tianjin - Beijing Airport Terminals 2/3 Brasserie Restaurant TJ ~ BJS (¥55 - ¥93) BJS ~ TJ (¥55 - ¥93) Brazilian A: Renaissance Tianjin TEDA 04:00-18:00, runs every hour. Tian Huan Distance Bus Passenger Station Hotel & Convention Centre The junction of Hongqi Lu and Anshan Xi Dao. Tel: +86 2305 0530 Train Tianjin Beijing Train Beijing Tianjin Salsa Churrasco No. 29, 2nd Avenue, TEDA Ascott TEDA MSD Tianjin C2002 06:18 06:53 C2001 06:01 06:36 A: 11F, Holiday Inn Binhai Tianjin T: +86 22 6621 8888 ext. 3711 Renaissance Tianjin TEDA A: No.7 Xincheng West Road, No. 86, 1st Avenue, TEDA Beijing Airport Terminals 2/3 - Tianjin 万丽西餐厅 Convention Centre Hotel Tianjin Economic-Technological C2108 22:52 23:27 C2107 23:05 23:40 +86 22 6628 3388 ext. 2740 T: 开发区第二大街 29 号天津万丽泰 A: No. 29, 2nd Avenue, TEDA DevelopmentArea, Tianjin 07:00, 08:00, 09:00, 10:00 then every 30 minutes until 23:00. 巴西烧烤餐厅 达酒店及会议中心 T: +86 22 6621 8888 T: +86 22 5999 7666 Exit on the 1st floor at Gate 15 / Terminal 2 and Gate 1 / Terminal 3. 开发区第一大街 号天津滨海假 86 天津万丽泰达酒店及会议中心 天津市经济技术开发区新城西路 7 号 Tel: +86 10 6455 8718 TG ~ BJS (¥66 - ¥93) BJS ~ TG (¥75 - ¥239) 日酒店 11 层 开发区第二大街 29 号 Train Tanggu Beijing Train Beijing Tanggu Chinese Office Space C2584 09:04 09:58 C2281 07:23 08:20 Fortune Restaurant TEDA-BEIJING AIRPORT Shuttle Bus ¥90 one way Feast All Day Dining A: 2F, Crowne Plaza Tianjin Binhai TEDA - Beijing Airport Terminals 2/3 C2594 20:26 21:21 C2593 20:26 21:31 No. 55, Zhongxin Da Dao Restaurant Airport Industrial Park A: 1F, Sheraton Tianjin Binhai Hotel 06:45, 08:45, 14:45, 17:15. 1st Avenue, TEDA. Sheraton Tianjin Binhai Hotel TEDA MSD T: +86 22 5867 8888 ext. 2355 No. 50, 2nd Avenue, TEDA Tel: +86 22 6620 5188 A: No. 50, 2nd Avenue, TEDA 6F, TEDA MSD-C1,No.79, Wuqing ~ BJS (¥39 - ¥66) BJS ~ Wuqing (¥39 - ¥66) 富淳中餐厅 T: +86 22 6528 8888 ext. 6210 A: T: +86 22 6528 8888 First Avenue, TEDA, Tianjin, China. 空港物流加工区中心大道55号 盛宴全日制西餐厅 Train Wuqing Beijing Train Beijing Wuqing F: +86 22 6528 8899 400 668 1066 天津滨海圣光皇冠假日酒店2层 开发区第二大街 50 号 T: Beijing Airport Terminals 2/3 - TEDA sheraton.com/tianjinbinhai 泰达 MSD C2202 06:54 07:19 C2203 07:31 07:55 天津滨海喜来登酒店 1 层 W: 10:30, 13:00, 18:30, 20:30. Exit on the 1st floor at Gate 15 /Terminal 天津滨海喜来登酒店 天津经济技术开发区第一大街 79 号 Wan Li Chinese Restaurant 2 and Gate 1 / Terminal 3. Tel: +86 10 6455 8718 C2246 21:27 21:52 C2245 20:56 21:20 开发区第二大街 50 号 泰达 MSD-C1 座 6 层 A: 2F, Renaissance Tianjin TEDA BARS Hotel & Convention Centre No. 29, 2nd Avenue, TEDA Spas T: +86 22 6621 8888 ext. 6750 Touch Spa TIANJIN SUBWAY 万丽轩中餐厅 A: 2F, Renaissance Tianjin TEDA 开发区第二大街 29 号天津万丽泰 Hotel & Convention Centre 达酒店及会议中心 2 层 HILTON TIANJIN ECO-CITY A: No. 82 Dong Man Zhong No. 29, 2nd Avenue, TEDA T: +86 22 6570 9504 Yue Chinese Restaurant Happy Soho Live Music & Lu,Sino-Singapore Eco-City, 开发区第二大街 29 号天津万丽泰 刘园 Dance BAR Tianjin,P.R. China 300467 华北集团 小淀 A: 2F, Sheraton Tianjin 达酒店及会议中心 Liu Yuan Xiao Dian (Opposite of Central Hotel) T: +86 22 5999 8888 North China Group Binhai Hotel 丰产河 No. 50, 2nd Avenue, TEDA A: No. 16, Fortune Plaza, Third F: +86 22 5999 8889 西横堤 Feng Chan He Xi Heng Di E: [email protected] Yue Spa 宜兴埠 天士力 Line 1 T: +86 22 6528 8888 Avenue, TEDA Tasly Station A: 15F, Holiday Inn Binhai Tianjin 果酒厂 Yi Xing Bu ext. 6220/6222 T: +86 22 2532 2078 W: tianjinecocity.hilton.com Line 2 天津生态城世茂希尔顿酒店 No. 86, 1st Avenue, TEDA Guo Jiu Chang 张兴庄 采悦轩中餐厅 欢乐苏荷酒吧 Zhang Xing Zhuang Line 3 Transfer station 天津市中新生态城动漫中路 82 号 T: +86 22 6628 3388 本溪路 开发区第二大街 50 号 开发区第三大街财富星座 16 号 Ben Xi Lu 开发区第一大街 号天津滨海假 勤俭道 铁东路 天津滨海喜来登酒店 2 层 ( 中心酒店对面 ) 86 Line 6 terminal 日酒店 层 Qin Jian Dao Tie Dong Lu 15 Line 9 Holiday Inn Binhai Tianjin 洪湖里 天津北站 Tianjin North Railway Station Japanese A: No. 86, 1st Avenue, TEDA Hospitals Hong Hu Li T: +86 22 6628 3388 中山路 Education Zhong Shan Lu Sake n Sushi Bar 天津滨海假日酒店 天津西站 开发区第一大街 86 号 Tianjin West Railway Station 金狮桥 11F, Holiday Inn Binhai Tianjin Jin Shi Bridge A: 西北角 No. 86, 1st Avenue, TEDA Xi Bei Jiao 天津站 Raffles Medical Tianjin TEDA 芥园西道 Tianjin 远洋国际中心 T: +86 22 6628 3388 ext. 2730 曹庄 West Jie 长虹公园 西南角 东南角 Railway Sino-Ocean 靖江路 屿东城 国山路 滨海机场 寿司吧 Clinic Cao Zhuang Yuan Road Chang Hong Park Xi Nan Jiao Dong Nan Jiao Station International Center Jing Jiang Lu Yu Dong Cheng Guo Shan Road Bin Hai Airport A: 102-C2 MSD, No.79 1st Avenue, 开发区第一大街 86 号天津滨海假 卞兴 咸阳路 广开四马路 鼓楼 建国道 顺驰桥 翠阜新村 登州路 空港经济区 日酒店 11 层 Crowne Plaza Tianjin Binhai TEDA Binhai Area, Tianjin 300457 Bian Xing Xian Yang Lu Guang Kai Drum Tower Jian Guo Dao Shun Chi Bridge Cui Fu Xin Cun Deng Zhou Lu Tianjin Airport Economic Area 宜宾道 Si Ma Lu 二纬路 津湾广场 No.55 Zhongxin Avenue Airport T: +86 22 65377616 Yi Bin Dao 大王庄 A: Jinwan Plaza Er Wei Lu Da Wang Zhuang Tianjin TEDA Maple Leaf Economic Area, Tianjin 鞍山西道 Kasumi 东兴路 一号桥 新立 小东庄 天津经济技术开发区第一大街 79 An Shan Xi Dao 和平路 A: 1F, Crowne Plaza Tianjin Binhai International School T: +86 22 5867 8888 Dong Xing Lu Yi Hao Qiao Xin Li Xiao Dong ZHuang rd 号泰达 MSD-C 区 C2 座 102 室， He Ping Lu No. 55, Zhongxin Da Dao A: No. 71, 3 Avenue, TEDA 天津滨海圣光皇冠假日酒店 天拖 海光寺 营口道 十一经路 300457 Tian Tuo Hai Guang Temple Ying Kou Dao Shiyijing Road 直沽 中山门 二号桥 东丽开发区 军粮城 钢管公司 Airport Industrial Park T: +86 22 6200 1920 天津市空港经济区中心大道 55 号 Zhi Gu Zhong Shan Men Er Hao Qiao Dong Li Jun Liang Gang Guan 天津泰达枫叶国际学校开发区第三 一中心医院 鞍山道 小白楼 Development Area Cheng +86 22 5867 8888 ext. 2322 周邓纪念馆 Company T: Yi Zhong Xin Yi Yuan An Shan Dao Xiao Bai Lou Gyms 胡家园 霞日式料理 大街 71 号 Apartments 红旗南路 The Memorial to Zhou Enlai and Deng Yingchao Hu Jia Yuan South Hong Qi Lu 西康路 空港中心大道55号 下瓦房 Xi Kang Lu 塘沽站 Eco-City International Country 王顶堤 Xia Wa Fang 天津滨海圣光皇冠假日酒店1层 天塔 吴家窑 Tang Gu Wang Ding Di 迎风道 Club TV Tower Wu Jia Yao Station Ying Feng Dao 南楼 财经大学 No. 5681, Zhongxin Road, 华苑 土城 复兴门 泰达 A: Nan Lou Economics and Italian Hua Yuan Tu Cheng Fu Xing Men finance college TEDA South Ying-Cheng Island, Tianjin 南翠屏 TEDA International School Nan Cui Ping 市民广场 T: +86 22 6720 1818 大学城 陈塘庄 华山里 双林 No. 72, 3rd Avenue, TEDA Shi Min Plaza A: TEDA, Tianjin – Marriott 生态城国际乡村俱乐部 University Town Chen Tang Zhuang Hua Shan Li Shuang Lin 高新区 T: +86 22 6622 6158 Executive Apartments 会展中心 天津生态城中新大道 5681 号（营 Tianjin Binhai Hi-tech 泰达国际学校 Hui Zhang Center A: 29 Second Avenue TEDA, 城湖南岛） Industrial Development Area 开发区第三大街 72 号 Tianjin 东海路 学府工业区 Dong Hai Lu T: +86 22 6621 8888 Holiday Inn Binhai Hotel Xue Fu Industrial District Bene Italian Kitchen 天津泰达万豪行政公寓 Fitness Centrer 杨伍庄 A: 2F, Sheraton Tianjin Binhai Hotel 天津经济技术开发区第二大街 29 号 Yang Wu Zhuang A: 15F, Holiday Inn Binhai Tianjin No. 50, 2nd Avenue, TEDA No. 86, 1st Avenue, TEDA T: +86 22 6528 8888 ext. 6230/6232 天津南站 T: +86 22 6628 3388 ext. 2960 Tianjin South 班妮意大利餐厅 Railway Station 天津滨海假日酒店健身中心 开发区第二大街 50 号 开发区第一大街 86 号天津滨海假 天津滨海喜来登酒店 2 层 日酒店 15 层
64 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 65 Art & Leisure Art & Leisure
Autumn’s Golden Week grows from expectantly Chinese people are relaxing to chaotic and unsafe. Many waiting to express tourist attractions all over China like Golden The Great Wall, Forbidden City and their patriotic feelings a variety of Buddhist Temples have during the announced that they will definitely be Week National Day. limiting entrance tickets due to the difficulty of controlling and managing such a huge crowd of visitors. The and festive celebrations will have situation is easy to understand – people gather from different places aftef all China is a county with in major Chinese cities like Beijing, few holidays, and people take this Shanghai, Tianjin, Shenzhen and so opportunity to travel or on the other on. hand, go back home to gather with family. But there is a little issue that makes citizens a bit scared of this seven-day holiday. Every single spot in the city In any case, 2015 is still remembered will be overwhelmingly crowded. And for railway stations swarmed by even for such modern and diverse people making it impossible to transport facilities - even small towns buy tickets for the same day so are basically equipped with modern opportunity for travelling is for transportation system featuring the fastest of the fast. Thus, the airport and railway stations - moving government is promising to solve this around and travelling will be quite situation radically - even if there are challenging for a growing population. not enough of holidays in China as Travelers all over China make holiday it is (comparing with many Western plans a long time before the Golden countries) - Golden Week will be Week knocks at the door, inspiring abolished while the new policy about tour operators and airlines to increase paid holidays will take place. airfares and overall travelling costs. According to official statistics, in 2015 during the National Day holidays By Nadia N. China had 13.000.000 travelers using only railways, making historical Visit us online: and leisure attractions in China and ational Day in China - 国 1st of October and the tradition has if described by some economists as While the Chinese government is btianjin.cn/161014 庆 节 (guoqingjie) - is one been observed ever since. “careful” and “slow”. actually working on the country’s outside pretty crowded. No wonder of the most significant economic affairs and development Chinese officials are quite concerned. Ncelebrations in the country. Its pace, Chinese people are waiting to National Day, just as Spring Festival, Certain slow down has been importance can only be compared to express their patriotic feelings during can be a certain reference point for mentioned while the Chinese Spring Festival. These celebrations National Day. 2014 was significant quarterly analysis. For the last quarter government balances the decrease of make a “big two” in China for the for the 65th anniversary of founding there has been many achievements foreign investments and exports by traditional culture that has been the People’s Republic of China. and positive news. In 2016 China was government stimulus. Though for the celebrated for decades displaying the Massive celebrations, fireworks, mainly aiming for 6.5 to 7% growth, last quarter of 2016, Chinese officials patriotism that the Chinese people military and people’s parades took while in the second quarter growth are still keeping positive attitude and share for their country. place in every Chinese city as well as beat estimates through figures of establishing “safer” and “smoother” Hong Kong and Macau. With Beijing 6.7%. From booming economy with development in this transition as a cultural and political center, the People’s Republic of China as we emphasis on manufacturing, China period for the world’s second city held a significant Military Parade know it today was created on 21st is transforming the economy with largest economy. For the fourth and bright celebration on Tian’anmen of September 1949, but the Central a greater reliance on consumption. quarter there are still several issues Square. This year, as the celebration Chinese Government was established Even though it hasn’t been that easy to be worked on - private sector, is planned to be more humble, the on 1st of October. Without further for Chinese economy (2015 showed investment, manufacturing, housing annual rising flag ceremony will delay, the next day the brand new the slowest growth in 25 years), this and real estate, etc. - but the Chinese take place on the early morning of government established the National year highlights that economy is now government is overall optimistic, October 1st in front of thousands of Day of People’s Republic of China on being transitioned smoothly even especially after overcoming 2015. spectators. Breathtaking fireworks
66 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 67 Book Review Last Word
THE ZHANG WEIWEI China, Football and Business CHINA What’s Going On? GloryHORIZON and Dream of a Civilizational State By Mike Cormack
hang Weiwei made quite a splash in China with his books The China Wave and The China Ripple. Both bestsellers, they defended the China development model and refuted the Zdesirability, or even the need, to follow the Western template (if there is such a thing). His staunch defense of China’s culture and politics (the two essentially being inseparable) was a forceful counterpoint to the idea of China being Westernized by economic development. Now The China Horizon aims to tell the “glory and dream of a civilizational state”. The thesis remains the same, just presented with further details, data and argument.
Is Zhang’s argument compelling? In one sense it is irrefutable. As a political insider (he was once a translator for Deng Xiaoping and includes a rather unnecessary hymn of praise to the great leader), you have the sense of the book being close to official, if unstated, thinking. As a document of assumptions and prejudices of the Chinese political class, it is unrivalled. But on the other hand, when examined critically, its thesis is predicated on shaky premises. Zhang is jingoistically anxious to present China in the strongest light and to expose the flaws of the West but does so by straining credibility. He says that Western governments lack continuity because of the multi- party system, forgetting the role of civil services in ensuring precisely he football off-season, after and more often just seeking one final Manchester United). Financial clout that. Euro 2016 and before the start big payday. But now we are seeing has until now been restricted to major of 2016-17 calendar is always Chinese businesses take over top-level European teams who have the ticket Texciting with transfers, appointments football teams wholesale in a way that sales, TV money, sponsorship and Noting that a sixth of the US population lack medical insurance (true in early 2014), he fails to mention the continued rapid decline of the uninsured under Obamacare, not to mention the considerable weaknesses of the Chinese system. and resignations sustaining the suggests a concerted strategy and elite commercial revenue (sales of replica Much is made of the financial crisis of 2008, with Zhang using it to demonstrate Western decline, in comparison to interest and newspaper back pages players are now coming to play in the kits, etc). Real Madrid, for example, is Chinese strength and wisdom. These constant partialities obscure Zhang’s numerous just remarks regarding the Western before the actual football matches Chinese league at the peak of their the world’s richest team with turnover powers’ hypocrisy and self-interest. resume. But for those with an interest career. So what is going on? of €577m (£439m) in 2014/15. in China and soccer, this summer has The China Horizon was first published in China in 2014 and is now for the first time available in English. The text is been unusually interesting. Football is of course big business and But this seems to have changed, unfortunately riddled with minor grammatical errors and infelicitous phrasing. One expects better from a professional has been since 1992, when the UEFA as the Chinese league has invested publisher. China has been getting into European Champions League was inaugurated major cash on players in their prime. football in a big way. We have started and a mid-week European league sold Shanghai SIPG splurged £46million to become accustomed to big-money around the world. Many clubs turned on Brazilian striker Hulk, making Quotes of the Month transfers to the Chinese Super League from sporting associations to PLCs. him the third highest paid player with big-name managers and players Since then income and spending have in the world (behind only Messi Try not to become a man of success. Rather become a man of value. arriving first in a trickle but now boomed: the world record transfer and Ronaldo), at £340,000 a week. ~Albert Einstein in a flood. These once tended to be has risen on average by 37% every Jiangsu Suning signed Alex Teixeira professionals on the downward slope year or 19.5% adjusted for inflation for £38million move and added It is one thing to be clever and another to be wise. ~ George R.R. Martin of the career, such as Nicholas Anelka – from £10,000,000 in 1992 (for Chelsea’s Ramires at £25million. or Paul (“Gazza”) Gascoigne, avowing Jean-Pierre Papin from Marseilles to Shandong Luneng spent £13million Count your age by friends, not years. Count your life by smiles, not tears. their excitement at building the game AC Milan) to £89,000,000 in 2016 on Southampton’s Graziano Pelle (he’s in the world’s most populous country (for Paul Pogba from Juventus to now the world’s fifth highest paid ~ John Lennon
68 Oct 2016 I Business Tianjin Oct 2016 I Business Tianjin 69 Last Word
player) and Guangzhou Evergrande splashed £35m to prise Jackson Martinez from Athletico Madrid. This is serious investment and unlike players lured to Qatar or the US Major League they are all in their prime, all being international and having been starring for their former teams.
Where is all the money coming from? Most teams have heavyweight ▲ Jiangsu Suning signed Alex Teixeira for £38million move corporate backing. Nanjing’s Jiangsu Suning is, not surprisingly, owned by with Chelsea’s Roman Abramovich consortium bought OGC Nice. In Suning Appliance Group, Guangzhou being perhaps the modern game’s Spain, probably the world’s best Evergrande is fully titled Guangzhou foremost oligarch. What is unusual league, Espanyol sold a 56% stake Evergrande Taobao, reflecting the is to see such investment being to auto manufacturer Rastar Group two owners, Evergrande Real Estate distributed across so many teams at while Chinese firm Link International Group and Alibaba Group and the same time. But this is only one Sports bought Granada CF. Shanghai SIPG is a shortening of pincer in the Chinese effort. Shanghai International Port Group So many acquisitions show that China Football Club in deference to their Numerous European clubs are being really means business in football. owners. Also, the value of TV rights bought by Chinese businessmen. Interestingly, none are buying at the for the Super League is increasing Chinese investors have bought top of the market. Only one of the exponentially. Media tycoon Li both AC Milan and Inter Milan. English teams is in the top division Ruigang raised many an eyebrow In the English league, Aston and while the Milanese teams are big when he paid eight billion RMB Villa, Wolverhampton and West names, Italian football is the poor (US$1.3bn) for five year’s coverage Bromwich Albion have all been relation of the Big 5 European leagues of the Chinese league, but online bought by Chinese investors whether with aging stadia and moribund video company LeEco announced in individually (Villa’s Tony Xia) or attendances. This may just reflect February it had paid Li RMB2.7bn for by an investment group or business a dipping of a toe in the water of just the first two years. (as with international conglomerate foreign football ownership. Fosun International buying Wolves). Investment by local industry is In France, electrical components After all, many would-be proprietors nothing unusual in football, of course, manufacturer Tech Pro bought have been exhausted by the insatiable and rich proprietors are also common FC Sochaux while a Chinese/US demands of the game – even billionaire Randy Lerner found Aston Villa too much for him – just as companies making international acquisitions do best when they start small. But the ambition is clear. China wants to do football, do it big and do it well. It wants the Super League to BIZ attract the best players and for this to improve the standard of domestic players for the international team. FUN And why not? If China can top the Olympic league table in 2008, it can compete in football. South Korea got to the World Cup semi-final in 2002. Who would bet against China one day winning it?
Visit us online: btianjin.cn/161015 70 Oct 2016 I Business Tianjin