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A Place for Love, Family and Friends Business Tianjin InterMediaChinaInterMediaChina wwInterMediaChinaw.businesstianjin.comwww.businesstianjin.com www.businesstianjin.com December 2016 2016 DEC www.businesstianjin.com A PLACE FOR LOVE, FAMILY AND FRIENDS... 16 … in one of the best areas for skiing Exclusive interview with Simpson Han, General Manager of The Westin Changbaishan Resort & Sheraton Changbaishan Resort RMB Role: Prof. Eswar Prasad 22 Central Tianjin Real Estate Market 2016 Review 29 How to Protect Interior Design of Shops 32 Top 10 Marketing Trends that will define 2017 34 Humans may get an infinite memory by 2030 46 InterMediaChina www.businesstianjin.com Business Tianjin December 2016 Dear Readers, The best Ski Resort of China inside the most beautiful areas of the country is this month Cover Story. The General Manager of The Westin Changbaishan Resort and Sheraton Changbaishan Resort show us around its impressive well maintain hotels with a great outdoor BEST GIFT TO YOURSELF anD YOUR FRIENDS sports facilities around the sacred mountain Chang Bai, located in the border of North Korea and Jilin Province, and a bit less than 2 hours flight from Tianjin. Our feature story for this month discusses on how pollution management is a collective responsibility and whether President Trump’s ascension to presidency will have any real impact on investment opportunities for Chinese in the US. Living in a world where consumer is king makes it imperative for us TO to discuss in detail the top marketing trends that will dominate 2017 www.businesstianjin.com and to enable you to make informed choices; we have provided in- depth coverage of the real estate market in Tianjin and an overall MANAGING DIRECTOR economic outlook. Other interesting updates under this category J. Hernan dwell on Yum Brands segregation for Chinese market, chamber news [email protected] SUBSCRIBE from American, European and German Chambers of Commerce local chapters and a book review based on positioning of Chinese currency MANAGING EDITOR Mike Ross on the globe. [email protected] BUSINESS TIANJIN MAGAZINE With the holiday season approaching, it is time be good and do good EDITORS and our section on Corporate Social Responsibility of corporate Elvira Cheng, Malaka Yattigala houses is in sync with this sentiment. Also providing an insight are [email protected] sections that discuss how to solve business problems and showing sensitivity while pushing your employees to accept change. CONTRIBUTORS Tracy Hall, Ben Hoskins, Chelsea Cai Everybody knows what the all-important Qiu Ku is, but few talk about Robert Parkinson, Marwan Faddoul this. In Last Word we deal with this item now that winter is upon by taken photo of your business Philippe Healey, Justin Toy, Richard Cook card (or your friend) and send to us Priscilla Nolet, Michael Dow, us. Being culture conscious as Chinese are, anyone who wishes to do by Wechat scanning this QR Code. Andrew Smith, Edmond Yang business in the country would do well to be aware of the etiquettes and norms that he/she is expected to follow and it is our intention to If you don’t have business card, just DESIGNER provide help through our coverage of this aspect. ADD US in your Wechat to above QR Hu Yingzhe code or send email to : We round up this issue of Business Tianjin with biz brief and wish you [email protected] MARKETING, EVents & Promotions all the luck. Don’t forget to visit our website www.businesstianjin. Zhang Danni, Jenny Wang com and follow us in our official Wechat account (ID: business_ [email protected] tianjin) for more information. PHOTOGRAPHERS Subscription Price for Business Tianjin Wang Yifang, Meng Yu 3 issues = 80rmb DISTRIBUTION 6 issues = 144rmb (10% discount) Lei Hongzhi 12 issues = 256rmb (20% discount) [email protected] Yours Sincerely, ADVERTISING AGENCY InterMediaChina Mary Smith SPECIAL JOIN SUBSCRIPTION [email protected] Managing Editor | Business Tianjin Magazine [email protected] Business Tianjin Magazine PUBLISHING DATE + Tianjin Plus Magazine December 2016 ADDITIONAL discount of discount. Business Tianjin is FREE 30% For Members ONLY 3 issues = 108 RMB ISSN 2076-3735 6 issues = 195 RMB + GIFT: POWER BANK for Mobile Phone 12 issues = 348 RMB + GIFT: MEMORY STICK, 32GB, USB 3.0 Biz Briefs Tianjin News Tangla Hotel Tianjin awarded as Tianjin Sheng Xi Museum of Fine Business Tianjin /December 2016 Luxury City Hotel Arts grand opening Wang Dongfeng elected Tianjin Mayor ◄ A place for Love, Family 05 BIZ BRIEFS and Friends... 09 NUMBERS ...in one of the best areas for skiing Exclusive interview with Simpson 10 ECONOMY Han, General Manager of Economic Outlook The Westin Changbaishan Resort & 12 FEATURE STORY Sheraton Changbaishan Resort Pollution Emissions, Everybody’s Business Sometimes there are opportunities to talk 16 COVER STORY Tianjin Sheng Xi Museum of Fine Arts with experts in different areas and this is A place for Love, Family and Friends... was officially opened on November 10th, the case with Simpson Han. He boasts of Wang Dongfeng was elected Mayor of Tangla Hotel Tianjin was bestowed 2016. The collections of the Museum many years of experience in the hospitality Tianjin Municipality on Sunday. The 22 DIALOGUE with the “Luxury City Hotel Award include master-piece of contemporary and tourism development in different parts of election was held at a session of Tianjin China and would like to share his perspective RMB Role: Prof. Eswar Prasad 2016” by World Luxury Hotel Awards art painting, sculpture and installation People's Congress, the city's legislative and knowledge with us. for demonstrating outstanding luxury art as well as international contemporary body. Wang, 58, is a native of Xi'an, 26 INVESTMENT facilities and services recently in Qatar. jewelry artists’ master-piece. The Shaanxi Province. He was appointed as See Page 16 President Trump brings mixed bag Tangla Hotel Tianjin is the flagship of museum is located at Gulou culture area acting Mayor of Tianjin in mid September for Chinese investing opportunities Tangla brand, China’s first high-end where Tianjin’s local culture originates. after former mayor and acting Party international hotel brand created by HNA With the advent of curatorial era, Sheng 28 INVESTMENT NEWS chief Huang Xingguo was investigated Hospitality Group. By virtue of its unique Xi Museum of Fine Art combines over allegations of "serious disciplinary 29 REAL ESTATE new luxury hotel service, adhering to physical art museums, networks and violations." Central Tianjin the international Six Star service quality curators to form a museum complex and carrying out the traditional oriental with “Academic”, “display” and” ◄ RMB Role Real Estate Market 2016 Review Tianjin issues its first work permit hospitality, Tangla Hotel Tianjin has communication” functionalities. The An exclusive dialogue with Eswar 32 IPR for foreigners finally gained recognition from World purpose of doing so is to create China’s Prasad How to Protect Interior Design of Shops Author of Gaining Currency: Luxury Hotel Awards and won the own cultural DNA and to pursue greater The Rise of the Renminbi 34 MARKETING “Luxury City Hotel Award 2016”. cultural achievements. Tolani Senior Professor of Trade Top 10 Marketing Trends that Policy at Cornell University Airbus advances Tianjin A330 Tianjin Airlines Announces New will define 2017 plant Route and Extends China-Britain The rise in the international role of the yuan 37 L EGAL ASSISTANCE Service has been much discussed, though perhaps The New Era on Administration of with more heat than light as the shackles have gradually come off and the RMB has Foreign-Invested Enterprises developed a more international role. Eswar 40 HR The Tianjin Administration of Foreign Prasad was formerly the head of the IMF’s Experts Affairs issued the first Work China division and has now written what looks 5 ways to convince your employees to accept change Permit for Foreigners to Dr. Jaiswal to be the set text on the internationalization Kuldeep from India on November 4th of the yuan, Gaining Currency: The Rise of 42 TAX&FINANCE after launching of the new work permit the Renminbi. Business Tianjin spoke to him China releases CRS compliance system in China. Tianjin is one of the ten about where the RMB is going and how it will pilot provinces of the new work permit get there. requirements for financial institutions European aircraft manufacturer Airbus Tianjin Airlines on Tuesday announced system for foreigners and has started Group SE said its new completion and launching of a new flight route from See Page 22 46 TECH to accept applications from foreigners delivery centre in Tianjin will deliver the London to Xi'an, capital of Shaanxi Humans may get an infinite memory working in Tianjin from November 1st. ◄ Humans may get an infinite first A330 to its customer in September province in May 2017. The new flight by 2030 The new policy reduces the application memory by 2030 2018. The new centre in Tianjin had service will be operated on an Airbus material for foreigners by about half and finished basic construction work. A330-200 aircraft with 18 business class 48 MANAGEMENT high-end experts are able to enjoy “green Memory is one of the ‘darkest’ sides of the Inaugurated in March, it is the company's and 242 economy class seats. The total How to develop a proper problem channel” applications which have no human’s body, which hasn’t been studied first overseas completion and delivery site flight time to Xi'an is around 10 hours solving approach for your business process? limitations on age or work experience. enough yet. We use our memory on a daily for A330. The centre has so far recruited and the aircraft will then continue onto The new application requires 10 fewer basis, memorizing daily news we hear or 52 PAST EVENTS more than 110 employees, or nearly 40 Tianjin.
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