DOCSLIB.ORG

Labour Migration from China to Europe: Scope and Potential

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Labour Migration from China to Europe: Scope and Potential International Labour Organization LABOUR MIGRATION FROM CHINA TO EUROPE: SCOPE AND POTENTIAL Piotr Plewa Marko Stermšek EU-China Dialogue on Migration and Mobility Support Project An initiative funded by the Partnership Instrument (PI) of the European Union ILO Country Office for China and Mongolia 1-10 Tayuan Diplomatic Office Building, Beijing, China Tel : +86 10 6532 5091 Fax : +86 10 6532 1420 [email protected] www.ilo.org/beijing International Labour Organization LABOUR MIGRATION FROM CHINA TO EUROPE: SCOPE AND POTENTIAL Piotr Plewa Marko Stermšek An Initiative funded by the Partnership Instrument (PI) of the European Union EU-China Dialogue on Migration and Mobility Support Project 支持中欧人员往来和移民领域对话项目 Copyright © 2017 International Labour Organization and International Organization for Migration First published 2017 Publications of the International Labour Office (ILO) enjoy copyright under Protocol 2 of the Universal Copyright Convention. Nevertheless, short excerpts from them may be reproduced without authorization, on condition that the source is indicated. For rights of adaptation, reproduction or translation, application should be made to ILO Publications (Rights and Licensing), International Labour Office, CH-1211 Geneva 22, Switzerland, or by email: [email protected]. The International Labour Office welcomes such applications. Libraries, institutions and other users registered with a reproduction rights organization may make copies in accordance with the licences issued to them for this purpose. Visit https://www.ifrro.org/ to find the reproduction rights organization in your country. ILO ISBN: 978-92-2-130411-1 (print); 978-92-2-130393-0 (web pdf) IOM ISBN: 978-92-9068-738-2 The designations employed in this publication, which are in conformity with United Nations practice, and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the ILO or the International Organization for Migration (IOM) concerning the legal status of any country, area, territory or city, or of its authorities, or concerning the delimitation of its frontiers or boundaries. The responsibility for opinions expressed in signed articles, studies and other contributions rests solely with their authors, and publication does not constitute an endorsement by the ILO or the IOM of the opinions expressed in them. Reference to names of firms and commercial products and processes does not imply their endorsement by the ILO or the IOM and any failure to mention a particular firm, commercial product or process is not a sign of disapproval. Information on ILO publications and digital products can be found at: www.ilo.org/publns. IOM is committed to the principle that humane and orderly migration benefits migrants and society. As an intergovernmental organization, IOM acts with its partners in the international community to: assist in meeting the operational challenges of migration; advance understanding of migration issues; encourage social and economic development through migration; and uphold the human dignity and well‐being of migrants. This publication was made possible through the financial assistance provided by the European Union, under the terms of the Support to the EU-China Dialogue on Migration and Mobility Project. The opinions expressed herein are those of the author and do not reflect the official views of the ILO, IOM or EU. Printed in China Preface The opening-up of the Chinese economy and the growing international trade between China and Europe have contributed significantly to migration flows from China to Europe in recent decades. By the end of 2015 there were 260,000 migrant workers from China legally residing in the 28 European Union (EU) Member States. In response to an increasingly mobile population, and in order to promote regular migration and protect migrant workers’ rights, there is a growing need from both EU and China to promote dialogue, share experience, and strengthen cooperation around labour migration issues and related systems so as to maximize both the benefit for migrant workers as well as the overall contribution of migration to the growth strategies of China and Europe. The research presented in this report was conducted under the “EU-China Dialogue on Migration and Mobility Support Project”, funded by the EU and jointly carried out by the International Labour Organization (ILO) and the International Organization for Migration (IOM). The report aims to enhance the understanding of the scope, opportunities, and challenges of labour migration from China to the EU; promote sound policies and practices; reduce the vulnerability of migrants; and increase their benefits from an international labour migration perspective. The report provides policy-makers with the key data necessary to develop sustainable labour migration programmes that would balance the interests of China, EU Member States, employers, and migrant workers. The research maps out legislation and schemes concerning the admission of migrants; analyzes the latest trends in Chinese labour migration to the top six destinations over the past five years (namely the United Kingdom, France, Germany, Spain, Italy, and the Netherlands); and examines skills demand and shortage occupations in the EU labour market as well as potential opportunities for Chinese migrant workers. Based on comprehensive data analysis, the study puts forward concrete recommendations to expand the regular channels for the employment of Chinese migrant workers in EU Member States and to better protect the rights of these workers. The 2030 Agenda for Sustainable Development recognizes the “positive contribution of migrants for inclusive growth and sustainable development”. Target 8.8 of the Sustainable Development Goals calls on States to: “Protect labour rights and promote safe and secure working environments for all workers, including migrant workers, in particular women migrants, and those in precarious employment.” i Employment and decent work issues, such as the expansion of legal avenues for migrant workers to migrate safely and legally to other countries; skills recognition and the need for accurate and reliable data; and the need to institute fair recruitment processes as a means to reduce the costs of labour migration for migrant workers and ensure improved protection for these workers, are likely to feature prominently in the related negotiations of a new Global Compact on Safe, Orderly, and Regular Migration. I hope that this research will contribute to bridging the information gap and provide China as well as the EU and its Member States with a common frame of reference for improved dialogue on these important issues within the framework of the EU-China 2020 Strategic Agenda for Cooperation and the on-going global discussions on labour migration. Tim De Meyer Director ILO Country Office for China and Mongolia ii Acknowledgements This study was implemented under the EU–China Dialogue on Migration and Mobility Support Project, a collaboration of International Labour Organization (ILO) and the International Organization for Migration (IOM) funded by the European Union. Based on comprehensive data analysis, the study aims to enhance the understanding of the scope, opportunities, and challenges of labour migration from China to the EU; promote sound policies and practices; reduce the vulnerability of migrants; and increase their benefits from an international labour migration perspective. This report was prepared under the guidance of Mr Tim De Meyer, Director, ILO Country Office for China and Mongolia; Mr Nilim Baruah, Senior Migration Specialist, ILO Regional Office for Asia and the Pacific; and Ms Hongye Pei, National Project Coordinator for the EU–China Dialogue on Migration and Mobility Support Project. The content and conclusions of this report were written by Piotr Plewa. Marko Stermsek contributed the analysis contained within Chapter 3. We are grateful to the European Union and the International Organization for Migration for their support. We also wish to thank Ms Sabrina Kouba, ILO research consultant, for her comments and suggestions, as well as all the institutions and people who contributed to conducting the research, and to the editing and translation work. iii Table of Contents Preface …………… …………………………………………………………………………………………… i Acknowledgements ……………………………………………………………………………………… iii Acronyms and Abbreviations …………………………………………………………………………… xi Executive Summary ……………………………………………………………………………………… 1 1. The policy context: How have non-EU workers been admitted and integrated into EU labour markets? …………………………………………………………………………………… 4 1.1 Admission and residence criteria ………………………………………………………………… 4 1.1.1 EU vs national legislations ………………………………………………………………………………………… 4 1.1.2 Germany ……………………………………………………………………………………………………………… 6 1.1.3 The United Kingdom ……………………………………………………………………………………………… 16 1.1.4 The Netherlands …………………………………………………………………………………………………… 17 1.1.5 France ……………………………………………………………………………………………………………… 18 1.1.6 Spain ………………………………………………………………………………………………………………… 19 1.1.7 Italy …………………………………………………………………………………………………………………… 20 1.2 Labour market integration ………………………………………………………………………… 20 1.2.1 Access to the labour market ……………………………………………………………………………………… 22 1.2.2 Access to general support ………………………………………………………………………………………… 22 1.2.3 Access to targeted support ………………………………………………………………………………………… 25 1.2.4 Workers’ rights ……………………………………………………………………………………………………… 26 1.2.5 Current economic and political situation in Europe in the context
Load more

Recommended publications
  • Made in China, Financed in Hong Kong
    China Perspectives 2007/2 | 2007 Hong Kong. Ten Years Later Made in China, financed in Hong Kong Anne-Laure Delatte et Maud Savary-Mornet Édition électronique URL : http://journals.openedition.org/chinaperspectives/1703 DOI : 10.4000/chinaperspectives.1703 ISSN : 1996-4617 Éditeur Centre d'étude français sur la Chine contemporaine Édition imprimée Date de publication : 15 avril 2007 ISSN : 2070-3449 Référence électronique Anne-Laure Delatte et Maud Savary-Mornet, « Made in China, financed in Hong Kong », China Perspectives [En ligne], 2007/2 | 2007, mis en ligne le 08 avril 2008, consulté le 28 octobre 2019. URL : http://journals.openedition.org/chinaperspectives/1703 ; DOI : 10.4000/chinaperspectives.1703 © All rights reserved Special feature s e v Made In China, Financed i a t c n i e In Hong Kong h p s c r e ANNE-LAURE DELATTE p AND MAUD SAVARY-MORNET Later, I saw the outside world, and I began to wonder how economic zones and then progressively the Pearl River it could be that the English, who were foreigners, were Delta area. In 1990, total Hong Kong investments repre - able to achieve what they had achieved over 70 or 80 sented 80% of all foreign investment in the Chinese years with the sterile rock of Hong Kong, while China had province. The Hong Kong economy experienced an accel - produced nothing to equal it in 4,000 years… We must erated transformation—instead of an Asian dragon specialis - draw inspiration from the English and transpose their ex - ing in electronics, it became a service economy (90% of ample of good government into every region of China.
    [Show full text]
  • Contemporary Chinese Diasporas Min Zhou Editor Contemporary Chinese Diasporas Editor Min Zhou University of California Los Angeles, CA USA
    Contemporary Chinese Diasporas Min Zhou Editor Contemporary Chinese Diasporas Editor Min Zhou University of California Los Angeles, CA USA ISBN 978-981-10-5594-2 ISBN 978-981-10-5595-9 (eBook) DOI 10.1007/978-981-10-5595-9 Library of Congress Control Number: 2017950830 © The Editor(s) (if applicable) and The Author(s) 2017 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover image © KTSDESIGN / Getty Images Printed on acid-free paper This Palgrave imprint is published by Springer Nature The registered company is Springer Nature Singapore Pte Ltd.
    [Show full text]
  • Shenzhen-Hong Kong Borderland
    FORUM Transformation of Shen Kong Borderlands Edited by Mary Ann O’DONNELL Jonathan BACH Denise Y. HO Hong Kong view from Ma Tso Lung. PC: Johnsl. Transformation of Shen Kong Borderlands Mary Ann O’DONNELL Jonathan BACH Denise Y. HO n August 1980, the Shenzhen Special and transform everyday life. In political Economic Zone (SEZ) was formally documents, newspaper articles, and the Iestablished, along with SEZs in Zhuhai, names of businesses, Shenzhen–Hong Kong is Shantou, and Xiamen. China’s fifth SEZ, Hainan shortened to ‘Shen Kong’ (深港), suturing the Island, was designated in 1988. Yet, in 2020, cities together as specific, yet diverse, socio- the only SEZ to receive national attention on technical formations built on complex legacies its fortieth anniversary was Shenzhen. Indeed, of colonial occupation and Cold War flare-ups, General Secretary Xi Jinping attended the checkpoints and boundaries, quasi-legal business celebration, reminding the city, the country, opportunities, and cross-border peregrinations. and the world not only of Shenzhen’s pioneering The following essays show how, set against its contributions to building Socialism with Chinese changing cultural meanings and sifting of social Characteristics, but also that the ‘construction orders, the border is continuously redeployed of the Guangdong–Hong Kong–Macau Greater and exported as a mobile imaginary while it is Bay Area is a major national development experienced as an everyday materiality. Taken strategy, and Shenzhen is an important engine together, the articles compel us to consider how for the construction of the Greater Bay Area’ (Xi borders and border protocols have been critical 2020). Against this larger background, many to Shenzhen’s success over the past four decades.
    [Show full text]
  • Analysis of the Chinese PVC Industry Is Carried Out
    Analysis of the Chinese PVC Industry Researched and written by Daisy Du and Noam David Stern Shanghai, March 2021 1 List of Contents 1. Introduction 2 2. Main Supply and Usage of PVC Resin and PVC Products in China 3 3. Use of Lead Stabilizers and the Regulatory Environment in China 8 4. Use of Problematic Phthalates Plasticizers (DEHP) and the Regulatory 10 Environment in China 5. Waste management and Recycling 12 6. Barriers for Substitution of Lead Stabilizers and Toxic Phthalates Plasticizers 16 7. Summary and Conclusions 19 8. Way Forward/Next Step 20 Appendix 1: Relevant Stakeholders 22 Appendix 2: Regulations and Standards Restricting the Use of Lead 27 Stabilizers Appendix 3: China National Standards and Industry Standards Restricting 32 the Use of Toxic Phthalates Plasticizers 1. Introduction PVC plastics that contain chemical additives such as Lead stabilizers and DEHP plasticizers have a proven harmful effect on human health and the environment. In the EU, the use of these toxic additives in PVC products has been restricted or banned and replaced by safer alternatives. Since these regulatory changes have mostly been confined to the EU and not implemented on a wider international scale, increasing the sustainability awareness and promoting the voluntary substitution of these additives in countries like China has become a top priority. With the adoption of China’s 13th Five-year Plan (2016-2020), high-end, intelligent and green production became a key policy priority to promote the overall improvement of the manufacturing industry. In the upcoming 14th Five-Year Plan (2021-2025), the Chinese government is once again stressing the importance of protecting the environment.
    [Show full text]
  • Notes to the Consolidated Financial Statements
    www.cs.ecitic.com IMPORTANT NOTICE The Board and the Supervisory Committee and the Directors, Supervisors and Senior Management warrant the truthfulness, accuracy and completeness of contents of this report and that there is no false representation, misleading statement contained herein or material omission from this report, for which they will assume joint and several liabilities. This results announcement was considered and approved at the 22th meeting of the Sixth Session of the Board. All Directors attended this meeting of the Board. No Director raised any objection to this report. The Company’s domestic and international fi nancial statements for the year were audited by PricewaterhouseCoopers Zhong Tian LLP and PricewaterhouseCoopers Hong Kong, respectively. Auditor’s reports with unqualifi ed audit opinions were issued accordingly. Mr. ZHANG Youjun, head of the Company, Mr. GE Xiaobo, the Chief Financial Offi cer, and Ms. KANG Jiang, head of the Company’s accounting department, warrant that the fi nancial statements set out in this report are true, accurate and complete. The Company’s 2017 profi t distribution plan as considered and approved by the Board is to distribute a cash dividend of RMB4.00 (tax inclusive) for every 10 shares. This proposal is subject to the approval of the general meeting of the Company. Forward looking statements, including future plans and development strategies, contained in this report do not constitute a substantive commitment to investors by the Company. Investors should be aware of investment risks. There was no appropriation of funds of the Company by controlling Shareholder(s) or its/their related parties for non-operating purposes.
    [Show full text]
  • Spare-Time Higher Education in Communist China with Emphasis
    Spare-time higher education in Communist China with emphasis on higher correspondence education by Lee Ira Bruckner A thesis submitted to the, Graduate Faculty in partial fulfillment of the requirements for the degree of DOCTOR OF EDUCATION Montana State University © Copyright by Lee Ira Bruckner (1969) Abstract: The major purpose of this investigation was to examine the development and nature of spare-time higher education in Communist China with special concentration on higher correspondence education. Translations of Chinese language articles that were published for national and local consumption were the chief sources used to reveal this understanding. Major summary findings on spare-time higher education were as follows: (1) spare-time higher education has been the most complex and diverse system of higher education in Communist China; (2) it was established as the apex of a system of education to provide college-level education for full-time workers, cadres, and peasants; (3) it was closely coordinated with productive labor so as to meet the local needs and demands; (4) it generally offered fewer and more specialized courses than full-time universities; (5) its objective was to train "a new socialist man," one who would work with both his intellect and his hands and also have the "correct" Marxist-Leninist viewpoint; (6) it was regarded as a way of extending higher education to both rural and urban areas with "greater, faster, better and more economical results;" and (7) on a longterm basis, the Communist regime viewed spare-time higher education and higher correspondence education as ways for making the transition from socialism to communism by gradually reducing and eventually eliminating the three great differences between town and country, industry and agriculture, and manual and mental labor.
    [Show full text]
  • China's 40 Years of Reform and Development: 1978–2018
    CHINA’S 40 YEARS OF REFORM AND DEVELOPMENT 1978–2018 Other titles in the China Update Book Series include: 1999 China: Twenty Years of Economic Reform 2002 China: WTO Entry and World Recession 2003 China: New Engine of World Growth 2004 China: Is Rapid Growth Sustainable? 2005 The China Boom and its Discontents 2006 China: The Turning Point in China’s Economic Development 2007 China: Linking Markets for Growth 2008 China’s Dilemma: Economic Growth, the Environment and Climate Change 2009 China’s New Place in a World of Crisis 2010 China: The Next Twenty Years of Reform and Development 2011 Rising China: Global Challenges and Opportunities 2012 Rebalancing and Sustaining Growth in China 2013 China: A New Model for Growth and Development 2014 Deepening Reform for China’s Long-Term Growth and Development 2015 China’s Domestic Transformation in a Global Context 2016 China’s New Sources of Economic Growth: Vol. 1 2017 China’s New Sources of Economic Growth: Vol. 2 The titles are available online at press.anu.edu.au/publications/series/china-update-series CHINA’S 40 YEARS OF REFORM AND DEVELOPMENT 1978–2018 Edited by Ross Garnaut, Ligang Song and Cai Fang SOCIAL SCIENCES ACADEMIC PRESS (CHINA) Published by ANU Press The Australian National University Acton ACT 2601, Australia Email: [email protected] Available to download for free at press.anu.edu.au ISBN (print): 9781760462246 ISBN (online): 9781760462253 WorldCat (print): 1042816554 WorldCat (online): 1042816575 DOI: 10.22459/CYRD.07.2018 This title is published under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0).
    [Show full text]
  • Following Money: China Inc's Growing Stake on China-India Relations
    Copyright © 2020 Brookings Institution India Center No. 6, Second Floor, Dr. Jose P Rizal Marg, Chanakyapuri, New Delhi - 110021 Recommended citation: Krishnan, Ananth. “Following The money: China Inc’s growing stake in India-China relations” Brookings India Impact Series 032020-01, March 2020. Brookings Institution India Center. The Brookings Institution India Center serves as a platform for cutting-edge, independent, policy-relevant research and analysis on the opportunities and challenges facing India and the world. The Center is based in New Delhi, and registered as a company limited by shares and not for profit, under Section 25 of the Companies Act, 1956. Established in 2013, the Center is the third and newest overseas center of the Washington, D.C.-based Brookings Institution. Our work is centered on the Brookings motto of “Quality. Independence. Impact.” All content reflects the individual views of the author(s). Brookings India does not hold an institutional view on any subject. Designed by Mukesh Rawat IMPACT SERIES | MARCH 2020 FOLLOWING THE MONEY: China Inc’s growing stake in India-China relations ANANTH KRISHNAN* Visiting Fellow, Brookings India** * The author wishes to thank Bokun Yu, who contributed research from Beijing using publicly available Chinese data, including company filings, financial statements, and the Ministry of Commerce statements. The author also wishes to thank two anonymous peer reviewers for their detailed comments on the draft and would like to acknowledge Nitika Nayar, Zehra Kazmi, Rohan Laik, Sikim Chakraborty and Mukesh Rawat at Brookings India for editorial and design assistance. ** Ananth Krishnan was a Visiting Fellow at Brookings India, from September 2018 to August 2019.
    [Show full text]
  • China and India, 2025: a Comparative Assessment
    CHILDREN AND FAMILIES The RAND Corporation is a nonprofit institution that EDUCATION AND THE ARTS helps improve policy and decisionmaking through ENERGY AND ENVIRONMENT research and analysis. HEALTH AND HEALTH CARE This electronic document was made available from INFRASTRUCTURE AND www.rand.org as a public service of the RAND TRANSPORTATION Corporation. INTERNATIONAL AFFAIRS LAW AND BUSINESS NATIONAL SECURITY Skip all front matter: Jump to Page 16 POPULATION AND AGING PUBLIC SAFETY SCIENCE AND TECHNOLOGY TERRORISM AND HOMELAND SECURITY Support RAND Purchase this document Browse Reports & Bookstore Make a charitable contribution For More Information Visit RAND at www.rand.org Explore the RAND National Defense Research Institute View document details Limited Electronic Distribution Rights This document and trademark(s) contained herein are protected by law as indicated in a notice appearing later in this work. This electronic representation of RAND intellectual property is provided for non-commercial use only. Unauthorized posting of RAND electronic documents to a non-RAND website is prohibited. RAND electronic documents are protected under copyright law. Permission is required from RAND to reproduce, or reuse in another form, any of our research documents for commercial use. For information on reprint and linking permissions, please see RAND Permissions. This product is part of the RAND Corporation monograph series. RAND monographs present major research findings that address the challenges facing the public and private sectors. All RAND mono- graphs undergo rigorous peer review to ensure high standards for research quality and objectivity. China and India, 2025 A Comparative Assessment Charles Wolf, Jr., Siddhartha Dalal, Julie DaVanzo, Eric V.
    [Show full text]
  • China's Currency
    China’s Currency: An Analysis of the Economic Issues Wayne M. Morrison Specialist in Asian Trade and Finance Marc Labonte Specialist in Macroeconomic Policy August 3, 2011 Congressional Research Service 7-5700 www.crs.gov RS21625 CRS Report for Congress Prepared for Members and Committees of Congress China’s Currency: An Analysis of the Economic Issues Summary China’s policy of intervening in currency markets to limit or halt the appreciation of its currency, the renminbi (RMB), against the U.S. dollar and other currencies has become an issue of concern for many in Congress. Critics charge that China’s currency policy is intended to make its exports significantly cheaper, and its imports more expensive, than would if the RMB were a freely traded currency. They contend that the RMB is significantly undervalued against the dollar and that this has been a major contributor to the large annual U.S. trade deficits with China and the loss of U.S. jobs in recent years. Some Members have urged the Obama Administration take a more aggressive stand against China over its currency policy, such as by designating it as a “currency manipulator” under U.S. trade law. Others have introduced legislation that would seek to counter the perceived effects of China’s currency policy on the U.S. economy. For example, in the 112th Congress, H.R. 639, S. 328, and S. 1130 would make certain exchange rate policies an actionable subsidy under U.S. countervailing duty cases. From July 2005 to July 2008, China’s central bank allowed the RMB to appreciate against the dollar by about 21%.
    [Show full text]
  • Is the Chinese Currency, the Renminbi, Dangerously Undervalued and a Threat to the Global Economy?
    A SYMPOSIUM OF VIEWS Is the Chinese currency, the renminbi, dangerously undervalued and a threat to the global economy? Over thirty important experts offer their views. Background: Chinese companies themselves—with their virtually zero marginal labor cost work force— lack global reach. But are foreign companies now investing heavily in China as a manufacturing base setting the stage for ever-increasing global deflationary pressures? Areas such as the Pearl River delta are now attracting $1 billion per month in foreign investment. In theory, such a shock to the system should produce offsetting adjustments from the global central banking community. But have the central bankers responded adequately? How, if at all, should the G7 policy community THE MAGAZINE OF address the Chinese currency issue? To what extent do INTERNATIONAL ECONOMIC POLICY escalating foreign investments in China set the stage 888 16th Street, N.W. Suite 740 eventually for a potential destabilizing of the entire world Washington, D.C. 20006 Phone: 202-861-0791 trading system? Or are all of these concerns essentially Fax: 202-861-0790 unwarranted? www.international-economy.com [email protected] SPRING 2003 THE INTERNATIONAL ECONOMY 25 Yes, and the Yes, for both nightmare is coming. domestic and international reasons. BARTON M. BIGGS C. FRED BERGSTEN Managing Director and Chief Global Strategist, Director, Institute for International Economics, Morgan Stanley and former Assistant Secretary of the Treasury for International Affairs here is no doubt that the huge, mindless inflow of investment money into China is increasing global hina should float the renminbi, and permit it to ap- Tdeflationary pressure on manufactured goods.
    [Show full text]
  • CITIC Group 006 Chairman's Message 008 President's Message
    1 003 Introduction to CITIC Construction 005 CITIC Group 006 Chairman's Message 008 President's Message 10/17 Corporate Ethic 012 Operational Strategy 012 Operational Philosophy 012 Business Model 012 Rankings of CITIC Construction 014 Qualification Certificates and Research Institute 016 Global Market 18/99 Business Overview 020 Civil Buildings 044 Infrastructure 062 Industrial Facilities 082 Agricultural Development 084 Mining Industry 088 Featured Projects 104/119 Corporate Social Responsibility 120/135 Corporate Governance 122 Organizational Structure 124 Management Team 2 1 CITIC Construction Co., Ltd. (the Company), initiation, financing, construction and Uzbekistan, UK, Venezuela and a number of a subsidiary of CITIC Group, is a leading operation, all of which can help the clients to other overseas markets. company among the Engineering News- expand upstream and downstream industries Record (ENR) Top 250 International to develop complete value chains. As a vice-chairman member of both China Contractors. International Contractors Association Besides its traditional business in (CHINCA) and China Chamber of Commerce The Company has, for decades, defined engineering sector, the Company also, for Import and Export of Machinery and its operation strategy as "Wining over by taking advantages of CITIC Group's Electronic Products (CCCME), CITIC engineering contractorship by prioritizing diversified business and integrating all these Construction has been certified with Class-A+ investment, financing and pre-service and resources, expands its service portfolio and qualification for the general contracting injecting impetus to industrial development offers a whole range of value-added services of housing construction as well as the with the contractorship". With determination to maximize clients' interests.
    [Show full text]