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24 May 2018 4:00 P.M 24 May 2018 4:00 p.m. Our thanks to today’s sponsors: © 2018 Worldwide ERC® The China Experience By The Numbers WORLDWIDE ERC® WEBINAR DISCLAIMER The views, opinions, and information expressed during this webinar are those of the presenter and are not the views or opinions of Worldwide ERC®. Worldwide ERC® makes no representation or warranty with respect to the webinar or any information or materials presented therein. Users of webinar materials should not rely upon or construe the information or resource materials contained in this webinar as legal or other professional advice and should not act or fail to act based on the information in these materials without seeking the services of a competent legal or other professional. ©2018 Worldwide ERC® 3 Webinar Instructions Technical difficulties? • Dial 866.779.3239, or e‐mail questions to [email protected] Sound Troubles? • If your sound quality is poor, check your Wi‐Fi strength or connect via cable. • Call in using the phone number listed under the “Event Info” tab in the upper left‐hand corner. To return to meeting room window: • If you are in full screen mode, you may return to the meeting room window by clicking the View Meeting Room button located at the bottom left corner of your screen. ©2018 Worldwide ERC® 4 Q&A Instructions Q&A Dialogue Box: • Submit questions through Q&A dialogue box • Box is located in lower right corner of screen • Do not use the Chat Box • Be specific • You may submit your question at any time ©2018 Worldwide ERC® 5 Polling Instructions Polling Box: • The Polling Box appears below Q&A Box • Question will appear on slide and in the Poll Box • Submit answer quickly • Results will display in the same location ©2018 Worldwide ERC® 6 CRP® and GMS® Certification If you are a CRP® seeking CE credit for this webinar, you may utilize the CRP® credits management portal, available online under “My Account.” The seminar ID is 15339. (All (S)CRPs must apply for credit and submit the $8 processing fee to receive CE credit) If you are a GMS® seeking CE credit for this webinar, you must include the name/date of this webinar on your GMS® Renewal Application (at the time you apply for recertification). ©2018 Worldwide ERC® 7 Today’s Presenters Headshot Headshot here, sized to here, sized to placeholder. placeholder. Chris Frederick, GMS Adam McWhirter, GMS‐T Vice President, Business Managing Director Development ‐ APAC ©2018 Worldwide ERC® 8 CHINA OVERVIEW Let’s Take a Poll In which of these China regions does your organization have the most assignments? 1. North China: Tianjin, Shenyang, Dalian, Changchun (excluding Beijing) 2. Greater Shanghai: Hangzhou, Nanjing, Suzhou (excluding Shanghai) 3. South China: Guangzhou, Shenzhen 4. Central China: Changsha, Wuhan, Xian 5. Southwest China: Chengdu, Chongqing ©2018 Worldwide ERC® 10 China, The Numbers 1.38 Billion Harbin 20 – 25 Changchun Shenyang Million Uruumqi Beijing Tianjin Dalian 15 – 20 Shijiazhuang Qingdao Million Changzhou Xi’an Zhengzhou Hefei Nanjing Wuhan Wuxi Shanghai 10 – 15 Chengdu Suzhou Million Hangzhou Chongqing Changsha Ningbo Jinan Fuzhou 5 – 10 Million Guangzhou Xiamen Kunming Liuzhou 0 – 5 Million Shenzhen Zhuhai 11 1st Tier Cities Harbin 20 – 25 Changchun Shenyang Million Uruumqi Beijing Tianjin Dalian 15 – 20 Shijiazhuang Qingdao Million Changzhou Xi’an Zhengzhou Hefei Nanjing Wuhan Wuxi Shanghai 10 – 15 Chengdu Suzhou Million Hangzhou Chongqing Changsha Ningbo Jinan Fuzhou 5 – 10 Million Guangzhou Xiamen Kunming Liuzhou 0 – 5 Million Shenzhen Zhuhai 12 Emerging 1st Tier Cities Harbin 20 – 25 Changchun Shenyang Million Uruumqi Beijing Tianjin Dalian 15 – 20 Shijiazhuang Qingdao Million Changzhou Xi’an Zhengzhou Hefei Nanjing Wuhan Wuxi Shanghai 10 – 15 Chengdu Suzhou Million Hangzhou Chongqing Changsha Ningbo Jinan Fuzhou 5 – 10 Million Guangzhou Xiamen Kunming Liuzhou 0 – 5 Million Shenzhen Zhuhai 13 2nd Tier Cities Harbin 20 – 25 Changchun Shenyang Million Uruumqi Beijing Tianjin Dalian 15 – 20 Shijiazhuang Qingdao Million Changzhou Xi’an Zhengzhou Hefei Nanjing Wuhan Wuxi Shanghai 10 – 15 Chengdu Suzhou Million Hangzhou Chongqing Changsha Ningbo Jinan Fuzhou 5 – 10 Million Guangzhou Xiamen Kunming Liuzhou 0 – 5 Million Shenzhen Zhuhai 14 The China International City Index (CICI) 2018 15 International School Enrollment Chongqing 350 Guangzhou 3,500 ©2018 Worldwide ERC® 16 International School Enrollment Chongqing 350 Guangzhou 3,500 Shanghai 35,000 ©2018 Worldwide ERC® 17 LIUZHOU ©2018 Worldwide ERC® 18 2018 CICI City Rankings ©2018 Worldwide ERC® 21 Global Mobility and the CICI The 10 Criteria Moved up 4 spots • Foreign Operated Hotels • Xi’an • Foreign Operated Serviced Apartments • Dalian • Shenyang • International Schools & Enrollment • Kunming • International Flights • Wuxi • Level of English Speaking Population Moved down 3 spots • Foreign Medical Clinics • Suzhou • International Tourists each year • Hangzhou • Top Universities • Ningbo • Expat Population as a Percentage • Jinan • Number of Foreign Consulates • Zhengzhou ©2018 Worldwide ERC® 20 China’s Development ©2018 Worldwide ERC® 21 Trends – Free Trade Zones FTZ Preferential Industries: • Agriculture • Automobile • Biomedical • Cross-border e-commerce 5 3 • Financial services • Logistics 6 8 • Manufacturing, advanced 1 • Pharmaceuticals 9 11 7 10 • Technology 4 • Tourism 2 ©2018 Worldwide ERC® 22 Trends – The Belt and Road Beijing’s development strategy linking China and Europe through Eurasian cooperation – the modern day Silk Road by LAND and by SEA ©2018 Worldwide ERC® 23 Trends – Consulate Growth Beijing 167 Shanghai 77 Guangzhou 34 2 7 1 Chengdu 15 2 167 Chongqing 10 3 Kunming, Shenyang 7 4 Wuhan, Xian 4 77 15 4 10 Qingdao, Xiamen 3 1 Dalian, Urumqi 2 3 7 34 Changsha, Dandong 1 ©2018 Worldwide ERC® 24 Intra‐relocations within China 25 The 5 Hour Train Circle ©2018 Worldwide ERC® 26 The 5 Hour Train Circle Wuhan’s 5 hour circle ©2018 Worldwide ERC® 27 Education China has 4 basic school types: 1) Licensed International School 2) Local Private School with an International Division 3) Local Public School 4) Kindergartens ©2018 Worldwide ERC® 28 Housing Challenges Apartments Villas Refurbished Penthouses ©2018 Worldwide ERC® 29 China Mobility Best Practice • Shrinking labor force • Focus on talent attraction • Competitive relocation packages and benefits • Distinct mobility policies CHOICE 1st Tier China ‐ Educating the assignee to enable them to make the correct choice for their personal situation. ©2018 Worldwide ERC® 31 CHOICE 2nd Tier China ‐ Managing Expectations on the lack of choice. Life as an expat has improved, but not to the level of 1st tier. ©2018 Worldwide ERC® 32 ©2018 Worldwide ERC® 33 Connect with Us Chris Frederick, GMS Adam McWhirter, GMS-T Vice President, Business Managing Director Development - APAC Email: [email protected] Email: [email protected] Mobile: +65 8876 9278 Mobile: +86 136 3772 6779 www.graebel.com www.maxxelli.net QR code ©2018 Worldwide ERC® 34.
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