DOCSLIB.ORG

Hangzhou, China: Hotel Market Overview Market Report - APRIL 2021

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Hangzhou, China: Hotel Market Overview Market Report - APRIL 2021 Singapore: Hotel Market Market Report - March 2019 MARKET REPORT Hangzhou, China Hotel Market Overview APRIL 2021 Hangzhou, China: Hotel Market Overview Market Report - APRIL 2021 Introduction West Lake/Wulin Square area Hangzhou, the capital and the most populous city of West Lake/Wulin Square area is Hangzhou’s most Zhejiang, has been traditionally known as a tourism city for traditional city center. This area is filled with high-end popular sights including West Lake and Lingyin Temple. shopping malls including Wulin Intime, GDA Plaza and Hangzhou Tower. In recent years, this area is gradually After over 30 years of development, especially after hosting transforming into a smart digital business district with the the G20 summit in 2016, Hangzhou gradually evolved from help of 5G and cloud-based computing technology. a tourism destination to a world-renowned innovation, research and development center backed by the expansion Qianjiang New City of hi-tech companies including Alibaba Group, NetEase, Qianjiang New City is the new Central Business District Huawei and ArcSoft. Hangzhou is attracting high quality situated in the west bank of Qiantang River in Hangzhou. science, technology and ecommerce startups that fill up Following the city’s decision to shift the development multiple business districts around the city. focus from West Lake to Qiantang River since 2001, Qianjiang New City has been strategically focused on the Considering the development of Hangzhou’s old and new development of the tertiary industries such as finance, IT city centers, we have selected the following three sub-hotel and consulting. In 2016, Hangzhou municipal government markets to better understand the overall hotel performance officially moved to the Qianjiang New City. in Hangzhou: Xixi Wetland and other suburban areas Abiding by Hangzhou’s environmental laws, Xixi Wetland and its surrounding suburban areas remain well-protected from large constructions over the past 10 years. With rich scenic resources, tourism is the pillar industry for these areas and small luxury resorts with unique features are the main accommodation products. here. www.horwathhtl.com 2 Hangzhou, China: Hotel Market Overview Market Report - APRIL 2021 To review Hangzhou’s historical market performance, we have selected the below listed upscale, upper-upscale and luxury hotels to identify the demand segmentation dynamics by different areas and draw an evaluation of the market. Year Opened / Category No. Hotel Room Count Last Renovation 1 InterContinental Hangzhou 2010 / 2018 384 2 The Azure Qianjiang, a Luxury Collection Hotel Sep 2014 205 3 Diaoyutai Hotel Hangzhou Nov 2016 303 Qianjiang New City 4 Hangzhou Marriott Hotel Qianjiang Aug 2016 348 Buiness Hotel 5 Park Hyatt Hangzhou Sep 2016 235 6 Ascott Raffles Hangzhou Nov 2018 180 7 Conrad Hangzhou Mar 2019 318 Subtotal (Average) 1,890 (270) 8 Sofitel Hangzhou West Lake 2003/2014 233 9 Grand Hyatt Hangzhou 2005/ 2018 388 West Lake and Wulin 10 Wyndam Grand Plaza Royale Hangzhou 2009/2016 293 Square Business Hotel 11 JW Marriott Hotel Hangzhou 2010 305 12 Midtown Shangri-la Hangzhou Mar 2016 414 Subtotal (Average) 1,536 (307) 13 Banyan Tree Hangzhou 2009 73 Xixi Wetland & 14 Four Seasons Hotel Hangzhou at West Lake 2010 81 Other Suburban Areas Luxury Resort 15 Amanfayun 2010 46 Subtotal (Average) 200(67) Total (Average) 3,507 (292) www.horwathhtl.com 3 Hangzhou, China: Hotel Market Overview Market Report - APRIL 2021 Historical Market Performance 2016 – 2018: 2019: • Occupancy had continually increased due to the ramp- • Slight decrease in ADR and occupancy mainly due to the up of new hotels and positive effects of G20 meetings collapse of Personal-to-Personal lending industry and after 2016, including improvement of infrastructures small investment companies in Hangzhou. The slowing and reputation of Hangzhou as a MICE destination, down economic growth in China and the tension which helped to drive the occupancy by the growth in between China and USA also negatively affected the MICE demand. overall market performance. • ADR decreased because existing hotels had to lower 2020: rates in response to the increase of supply and their • Significant decline in occupancy due to the outbreak aging facilities. Growth in demand was mainly driven by of COVID-19. exhibition-related market which had limited budget and thus negatively impacted the overall market ADR. • Impact of COVID-19 on ADR was less severe compared to that on occupancy due to the fact that lower ADR • The stronger demand growth outpaced the drop in ADR would not help to induce any demand due to the resulting in continuous growth in RevPAR and room restrictions in non-essential travel. However, hotels’ revenue of the overall market. This is also an indicator have made efforts to attract post-pandemic domestic of strong absorption of the new supply. and regional leisure travelers after the lifting of travel restriction since April 2020. Supply & Demand, 2015 - 2020 ADR, Occupancy and RevPAR Performance, 2015 - 2020 4,000 80% 1600 80% 3,626 72% 3,573 72% 68% 68% 70% 3,500 70% 70% 1400 1346 70% 65% 65% 3,212 3,126 1257 64% 1193 1199 1169 3,000 60% 1200 64% 60% 2,555 2,509 1029 2,500 50% 1000 50% 2,181 2,255 871 865 2,008 801 810 821 2,000 40% 800 40% 1,628 Occupancy ADR (in RMB) Occupancy 1,500 1,300 30% 600 31% 30% 1,000 20% 13% 400 319 20% Daily Avg. Room Nights Avg. Daily 500 468 10% 200 10% - 0% 0 0% 2015 2016 2017 2018 2019 2020 2015 2016 2017 2018 2019 2020 Room Nights Available Room N ights Demand Market Occ. (%) ADR RevPAR Occupancy (%). www.horwathhtl.com 4 Hangzhou, China: Hotel Market Overview Market Report - APRIL 2021 Historical Performance by Area Qianjiang New City Xixi Wetland and other auburban areas Hotels in Qianjiang New City experienced gradual increase Suburban hotels in West Lake/Xixi Wetland area succeeded in ADR and occupancy due to the development in the area in maintaining significant rate premium of around RMB and ramp-up of new hotels. 3,000 over the other two areas, mainly attributed to their product uniqueness and branding including: West Lake/Wulin Square • Location in famous scenic destinations Hotels in West Lake/Wulin Square area witnessed (West Lake, Xixi Wetland) which provided the sense 5-year consecutive decrease in ADR due to the hotels’ of exclusivity and unique resort ambience. aging facilities and intensified competition with Qianjiang • Luxury brand positioning. New City. • A variety of outstanding ancillary facilities (F&B, SPA, etc.). However, these hotels achieved highest occupancy level • Low density and small key counts. in the market given their locations in the well-developed West Lake commercial area which is in close proximity to both strong tourist and corporate demands, and providing various activity options such as entertainment, dining and shopping. Historical Occupancy, ADR, and RevPAR 2015-2020, by area 4500 90% 3993 4000 3912 80% 3848 77%3782 3737 3716 75% 74% 3500 70% 70% 69% 68% 68% 64% 3000 60% 60% 59% 57% 53% 52% 52% 51% 2500 50% 2000 40% 33% 1500 30% 30% 1204 1112 1082 1074 1072 1033 1022 1043 23% 968 1014 1000 922 903 20% 500 10% 0 0% 2015 2016 2017 2018 2019 2020 Qianjiang New City ADR West Lake/Wulin Square ADR Suburban Areas ADR Qianjiang New City OCC% West Lake/Wulin Square OCC% Suburban Areas OCC% www.horwathhtl.com 5 Hangzhou, China: Hotel Market Overview Market Report - APRIL 2021 Demand Segment Industries Demand in this market is categorized into four major Finance; Banking; IT; Automobile; Trade; Pharmaceutical segments – corporate, MICE, leisure FIT & group and others. The following graph shows the hotel market’s Average length of stay demand segmentation in 2019: • Typically 1-2 nights. • Most project teams may stay for 1 to 3 weeks, however volume of such demand is low and basic room types are preferred to save costs. 4% 16% Typical day of arrival: Leisure FIT & Group Weekdays, typically Tuesday to Thursday. Corporate 53% MICE 28% Others Characteristics and trends • Demand Characteristics: Corporate travelers are more location-sensitive and brand loyal, meaning they value hotel’s location and quality accommodation guaranteed by brands. Hotels in Qianjiang New City area is therefore preferred by many corporate travelers Corporate Dynamics given its close proximity to the airport, train stations and Corporate multiple conference centers. Nonetheless, luxury resorts This mainly refers to contracted corporate accounts and in West Lake/Xixi Wetland area have also picked up a other business travelers booked with unfenced rates. degree of corporate demand from management levels, who have demonstrated more flexibility in budget and Demand Generators transportation methods. The majority of corporate demand is mainly generated by • Reduced Travel Budget: Since Q4 in 2018, the market nearby office buildings in Qianjiang New City and West has witnessed companies cutting travel budgets Lake/Wulin Square. resulting in stagnant ADR growth over the years. In 2020, the situation deteriorated further due to the Budget reduction in corporate travel caused by Covid-19. Luxury Resorts (West Lake/Xixi Wetland Area): around • Demand Source: Shanghai, other cities in Zhejiang RMB 2300-5000. province, Beijing and Guangdong Province. City Hotels (Qianjiang New City, West Lake/Wulin Square Area): around RMB 700-1400. www.horwathhtl.com 6 Hangzhou, China: Hotel Market Overview Market Report - APRIL 2021 MICE Dynamics Characteristics and trends MICE In-house meetings Mainly refers to hotel in-house meetings and lodging demand • Most in-house meetings come from corporate accounts, generated by large convention and exhibition centers. such as annual/spring dinners, seminars, trainings and product launch events. Demand Generators • Hotels in Qianjiang New City experienced higher • Nearby universities/institution/college, including portion of MICE demand than that of the West Lake/ Hupan University and Zhejiang University.
Load more

Recommended publications
  • Ningbo Facts
    World Bank Public Disclosure Authorized Climate Resilient Ningbo Project Local Resilience Action Plan 213730-00 Final | June 2011 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized 213730-00 | Draft 1 | 16 June 2011 110630_FINAL REPORT.DOCX World Bank Climate Resilient Ningbo Project Local Resilience Action Plan Contents Page 1 Executive Summary 4 2 Introduction 10 3 Urban Resilience Methodology 13 3.1 Overview 13 3.2 Approach 14 3.3 Hazard Assessment 14 3.4 City Vulnerability Assessment 15 3.5 Spatial Assessment 17 3.6 Stakeholder Engagement 17 3.7 Local Resilience Action Plan 18 4 Ningbo Hazard Assessment 19 4.1 Hazard Map 19 4.2 Temperature 21 4.3 Precipitation 27 4.4 Droughts 31 4.5 Heat Waves 32 4.6 Tropical Cyclones 33 4.7 Floods 35 4.8 Sea Level Rise 37 4.9 Ningbo Hazard Analysis Summary 42 5 Ningbo Vulnerability Assessment 45 5.1 People 45 5.2 Infrastructure 55 5.3 Economy 69 5.4 Environment 75 5.5 Government 80 6 Gap Analysis 87 6.1 Overview 87 6.2 Natural Disaster Inventory 87 6.3 Policy and Program Inventory 89 6.4 Summary 96 7 Recommendations 97 7.1 Overview 97 7.2 People 103 7.3 Infrastructure 106 213730-00 | Draft 1 | 16 June 2011 110630_FINAL REPORT.DOCX World Bank Climate Resilient Ningbo Project Local Resilience Action Plan 7.4 Economy 112 7.5 Environment 115 7.6 Government 118 7.7 Prioritized Recommendations 122 8 Conclusions 126 213730-00 | Draft 1 | 16 June 2011 110630_FINAL REPORT.DOCX World Bank Climate Resilient Ningbo Project Local Resilience Action Plan List of Tables Table
    [Show full text]
  • Nosocomial Co-Transmission of Avian Influenza A(H7N9)
    SYNOPSIS Nosocomial Co-Transmission of Avian Influenza A(H7N9) and A(H1N1)pdm09 Viruses between 2 Patients with Hematologic Disorders Huazhong Chen,1 Shelan Liu,1 Jun Liu,1 Chengliang Chai, Haiyan Mao, Zhao Yu, Yuming Tang, Geqin Zhu, Haixiao X. Chen, Chengchu Zhu, Hui Shao, Shuguang Tan, Qianli Wang, Yuhai Bi, Zhen Zou, Guang Liu, Tao Jin, Chengyu Jiang, George F. Gao, Malik Peiris,2 Hongjie Yu,2 Enfu Chen2 A nosocomial cluster induced by co-infections with avian in- s of January 4, 2016, a novel avian influenza A vi- fluenza A(H7N9) and A(H1N1)pdm09 (pH1N1) viruses oc- Arus, A(H7N9), first identified in China in March curred in 2 patients at a hospital in Zhejiang Province, China, 2013 (1), had caused 676 laboratory-confirmed cases of in January 2014. The index case-patient was a 57-year-old influenza in humans and 275 influenza-associated deaths man with chronic lymphocytic leukemia who had been occu- in mainland China (Chinese Center for Disease Control pationally exposed to poultry. He had co-infection with H7N9 and Prevention, unpub. data). Most H7N9 virus infections and pH1N1 viruses. A 71-year-old man with polycythemia vera who was in the same ward as the index case-patient for have been acquired through exposure to live poultry mar- 6 days acquired infection with H7N9 and pH1N1 viruses. The kets (LPMs) in urban settings (2) and have been sporadic, incubation period for the second case-patient was estimated but a few have occurred in clusters of >2 epidemiologi- to be <4 days.
    [Show full text]
  • Sanctioned Entities Name of Firm & Address Date
    Sanctioned Entities Name of Firm & Address Date of Imposition of Sanction Sanction Imposed Grounds China Railway Construction Corporation Limited Procurement Guidelines, (中国铁建股份有限公司)*38 March 4, 2020 - March 3, 2022 Conditional Non-debarment 1.16(a)(ii) No. 40, Fuxing Road, Beijing 100855, China China Railway 23rd Bureau Group Co., Ltd. Procurement Guidelines, (中铁二十三局集团有限公司)*38 March 4, 2020 - March 3, 2022 Conditional Non-debarment 1.16(a)(ii) No. 40, Fuxing Road, Beijing 100855, China China Railway Construction Corporation (International) Limited Procurement Guidelines, March 4, 2020 - March 3, 2022 Conditional Non-debarment (中国铁建国际集团有限公司)*38 1.16(a)(ii) No. 40, Fuxing Road, Beijing 100855, China *38 This sanction is the result of a Settlement Agreement. China Railway Construction Corporation Ltd. (“CRCC”) and its wholly-owned subsidiaries, China Railway 23rd Bureau Group Co., Ltd. (“CR23”) and China Railway Construction Corporation (International) Limited (“CRCC International”), are debarred for 9 months, to be followed by a 24- month period of conditional non-debarment. This period of sanction extends to all affiliates that CRCC, CR23, and/or CRCC International directly or indirectly control, with the exception of China Railway 20th Bureau Group Co. and its controlled affiliates, which are exempted. If, at the end of the period of sanction, CRCC, CR23, CRCC International, and their affiliates have (a) met the corporate compliance conditions to the satisfaction of the Bank’s Integrity Compliance Officer (ICO); (b) fully cooperated with the Bank; and (c) otherwise complied fully with the terms and conditions of the Settlement Agreement, then they will be released from conditional non-debarment. If they do not meet these obligations by the end of the period of sanction, their conditional non-debarment will automatically convert to debarment with conditional release until the obligations are met.
    [Show full text]
  • Appendix 1: Rank of China's 338 Prefecture-Level Cities
    Appendix 1: Rank of China’s 338 Prefecture-Level Cities © The Author(s) 2018 149 Y. Zheng, K. Deng, State Failure and Distorted Urbanisation in Post-Mao’s China, 1993–2012, Palgrave Studies in Economic History, https://doi.org/10.1007/978-3-319-92168-6 150 First-tier cities (4) Beijing Shanghai Guangzhou Shenzhen First-tier cities-to-be (15) Chengdu Hangzhou Wuhan Nanjing Chongqing Tianjin Suzhou苏州 Appendix Rank 1: of China’s 338 Prefecture-Level Cities Xi’an Changsha Shenyang Qingdao Zhengzhou Dalian Dongguan Ningbo Second-tier cities (30) Xiamen Fuzhou福州 Wuxi Hefei Kunming Harbin Jinan Foshan Changchun Wenzhou Shijiazhuang Nanning Changzhou Quanzhou Nanchang Guiyang Taiyuan Jinhua Zhuhai Huizhou Xuzhou Yantai Jiaxing Nantong Urumqi Shaoxing Zhongshan Taizhou Lanzhou Haikou Third-tier cities (70) Weifang Baoding Zhenjiang Yangzhou Guilin Tangshan Sanya Huhehot Langfang Luoyang Weihai Yangcheng Linyi Jiangmen Taizhou Zhangzhou Handan Jining Wuhu Zibo Yinchuan Liuzhou Mianyang Zhanjiang Anshan Huzhou Shantou Nanping Ganzhou Daqing Yichang Baotou Xianyang Qinhuangdao Lianyungang Zhuzhou Putian Jilin Huai’an Zhaoqing Ningde Hengyang Dandong Lijiang Jieyang Sanming Zhoushan Xiaogan Qiqihar Jiujiang Longyan Cangzhou Fushun Xiangyang Shangrao Yingkou Bengbu Lishui Yueyang Qingyuan Jingzhou Taian Quzhou Panjin Dongying Nanyang Ma’anshan Nanchong Xining Yanbian prefecture Fourth-tier cities (90) Leshan Xiangtan Zunyi Suqian Xinxiang Xinyang Chuzhou Jinzhou Chaozhou Huanggang Kaifeng Deyang Dezhou Meizhou Ordos Xingtai Maoming Jingdezhen Shaoguan
    [Show full text]
  • SGS CPSIA Accredited Labs
    CPSIA ACCREDITED TESTING LABORATORIES AMERICAS Changzhou SGS-CSTC Standards Technical Services Co. Ltd. Changzhou Branch UNITED STATES 3 F, No.158 Longcheng Avenue SGS – North America Inc. Changzhou 213021, Jiangsu, China 291 Fairfield Avenue, Fairfield, Contact: [email protected] NJ 07004, United States Phone: +86 519 85508607 Contact: [email protected] Accreditor: CNAS (L3533) Phone: +1 973-575-5252 (Ask for CPSC Identification Number: 1388 CPSIA Inquiries) Accreditor: A2LA, IAS (0440.03) CPSC Identification Number: 1020 Guangzhou SGS-CSTC Standards Technical Services Co. Ltd. Guangzhou Branch ENSURE CPSIA COMPLIANCE BRAZIL 198 Kezhu Road, Scientech Park, SGS do Brasil LTDA THANKS TO SGS GLOBAL Guangzhou Economic & Technology Avenida Andromeda, 832 Development District, Guangzhou, EXPERTISE Alphaville, Barueri 06473000, Brazil Guangdong 510663, China Contact: [email protected] Contact: [email protected] As CPSC accredited laboratories, Phone: +55 11 3883 8880 Phone: +86 20 8215 5702 SGS provides comprehensive Accreditor: CGCRE/INMETRO Accreditor: CNAS (L0167) solutions for all products that need to (CRL0049) CPSC Identification Number: 1024 comply with the Consumer Product CPSC Identification Number: 1241 Safety Improvement Act of 2008 Hangzhou (CPSIA). Contact us! MEXICO SGS-CSTC Standards Technical Services SGS Multilab (Mexico) Co., Ltd. Hangzhou Branch Sofocles #217, Col. Los Morales Secc. AMERICAS 5-6/F., No. 4 Building, No. 1180, Bin’an Palmas, Distrito Federal, U.S. (Fairfield, NJ) Road, Huaye Hi-Tech Industrial Park,
    [Show full text]
  • Prohibited Agreements with Huawei, ZTE Corp, Hytera, Hangzhou Hikvision, Dahua and Their Subsidiaries and Affiliates
    Prohibited Agreements with Huawei, ZTE Corp, Hytera, Hangzhou Hikvision, Dahua and their Subsidiaries and Affiliates. Code of Federal Regulations (CFR), 2 CFR 200.216, prohibits agreements for certain telecommunications and video surveillance services or equipment from the following companies as a substantial or essential component of any system or as critical technology as part of any system. • Huawei Technologies Company; • ZTE Corporation; • Hytera Communications Corporation; • Hangzhou Hikvision Digital Technology Company; • Dahua Technology company; or • their subsidiaries or affiliates, Entering into agreements with these companies, their subsidiaries or affiliates (listed below) for telecommunications equipment and/or services is prohibited, as doing so could place the university at risk of losing federal grants and contracts. Identified subsidiaries/affiliates of Huawei Technologies Company Source: Business databases, Huawei Investment & Holding Co., Ltd., 2017 Annual Report • Amartus, SDN Software Technology and Team • Beijing Huawei Digital Technologies, Co. Ltd. • Caliopa NV • Centre for Integrated Photonics Ltd. • Chinasoft International Technology Services Ltd. • FutureWei Technologies, Inc. • HexaTier Ltd. • HiSilicon Optoelectronics Co., Ltd. • Huawei Device Co., Ltd. • Huawei Device (Dongguan) Co., Ltd. • Huawei Device (Hong Kong) Co., Ltd. • Huawei Enterprise USA, Inc. • Huawei Global Finance (UK) Ltd. • Huawei International Co. Ltd. • Huawei Machine Co., Ltd. • Huawei Marine • Huawei North America • Huawei Software Technologies, Co., Ltd. • Huawei Symantec Technologies Co., Ltd. • Huawei Tech Investment Co., Ltd. • Huawei Technical Service Co. Ltd. • Huawei Technologies Cooperative U.A. • Huawei Technologies Germany GmbH • Huawei Technologies Japan K.K. • Huawei Technologies South Africa Pty Ltd. • Huawei Technologies (Thailand) Co. • iSoftStone Technology Service Co., Ltd. • JV “Broadband Solutions” LLC • M4S N.V. • Proven Honor Capital Limited • PT Huawei Tech Investment • Shanghai Huawei Technologies Co., Ltd.
    [Show full text]
  • Resistance of House Fly, Musca Domestica L.(Diptera: Muscidae), To
    Hindawi Canadian Journal of Infectious Diseases and Medical Microbiology Volume 2019, Article ID 4851914, 10 pages https://doi.org/10.1155/2019/4851914 Research Article Resistance of House Fly, Musca domestica L. (Diptera: Muscidae), to Five Insecticides in Zhejiang Province, China: The Situation in 2017 Jin-Na Wang, Juan Hou, Yu-Yan Wu, Song Guo, Qin-Mei Liu, Tian-Qi Li, and Zhen-Yu Gong Zhejiang Provincial Center for Disease Control and Prevention, 3399 Binsheng Road, Binjiang District, Hangzhou 310051, China Correspondence should be addressed to Zhen-Yu Gong; [email protected] Received 4 March 2019; Revised 4 May 2019; Accepted 19 May 2019; Published 23 June 2019 Academic Editor: Marco Di Luca Copyright © 2019 Jin-Na Wang et al. 0is is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. Objectives. High dependency on pesticides could cause selection pressure leading to the development of resistance. 0is study was conducted to assess the resistance of the house fly, Musca domestica, to five insecticides, namely, permethrin, deltamethrin, beta- cypermethrin, propoxur, and dichlorvos, in Zhejiang Province. Methods. Field strains of house flies were collected from the 12 administrative districts in Zhejiang Province in 2011, 2014, and 2017, respectively. Topical application method was adopted for the bioassays. 0e probit analysis was used to determine the median lethal doses with the 95% confidence interval, and then the resistance ratio (RR) was calculated. 0e insecticides resistance in different years and the correlations of the resistance between different insecticides were also analyzed.
    [Show full text]
  • Secrets to Su Shi's Happiness Under Any Circumstances
    International Journal of Applied Linguistics & English Literature E-ISSN: 2200-3452 & P-ISSN: 2200-3592 www.ijalel.aiac.org.au Secrets to Su Shi’s Happiness under Any Circumstances: Transcending and a Positive Perspective Chengcheng Liu1, Zhongwen Liu2* 1School of Liberal Arts, Renmin University of China, 59 Zhongguancun Street, Beijing, 100872, China 2Liaoning Police College, 260 Yingping Road, Dalian, 116036, China Corresponding Author: Zhongwen Liu, E-mail: [email protected] ARTICLE INFO ABSTRACT Article history What have endeared Su Shi to countless followers in nearly a thousand years all over the world Received: December 06, 2018 lie not only in his outstanding achievements in literary and arts, but also in his optimism in Accepted: February 21, 2019 adversity. This paper probes into the insight secrets of why he could be happy most of the time to Published: March 31, 2019 enlighten people nowadays to lead a happy, easy and peaceful life. Firstly, transcending constantly Volume: 8 Issue: 2 through keeping adjusting his expectations in accordance with the everchanging circumstances: Advance access: February 2019 transcending conventions to realize his people-oriented ambition when he was a young official; transcending material limitations when he was exiled for the first time to Huangzhou; transcending fame and power when he was back to court with great power; transcending himself Conflicts of interest: None when he was exiled for the second time to Huizhou and finally transcending everything when Funding: None he was banished to the most remote Danzhou on Hainan Island; and secondly, seeing every circumstance in a positive light: overlooking the negative and magnifying the positive; indulging himself in the beauty of the nature; enjoying the present moment and being optimistic about the future without thinking.
    [Show full text]
  • Acknowledgements
    Acknowledgements First of all, I sincerely thank all the people I met in Lisbon that helped me to finish this Master thesis. Foremost I am deeply grateful to my supervisor --- Prof. Ana Estela Barbosa from LNEC, for her life caring, and academic guidance for me. This paper will be completed under her guidance that helped me in all the time of research and writing of the paper, also. Her profound knowledge, rigorous attitude, high sense of responsibility and patience benefited me a lot in my life. Second of all, I'd like to thank my Chinese promoter professor Xu Wenbin, for his encouragement and concern with me. Without his consent, I could not have this opportunity to study abroad. My sincere thanks also goes to Prof. João Alfredo Santos for his giving me some Portuguese skill, and teacher Miss Susana for her settling me down and providing me a beautiful campus to live and study, and giving me a lot of supports such as helping me to successfully complete my visa prolonging. Many thanks go to my new friends in Lisbon, for patiently answering all of my questions and helping me to solve different kinds of difficulties in the study and life. The list is not ranked and they include: Angola Angolano, Garson Wong, Kai Lee, David Rajnoch, Catarina Paulo, Gonçalo Oliveira, Ondra Dohnálek, Lu Ye, Le Bo, Valentino Ho, Chancy Chen, André Maia, Takuma Sato, Eric Won, Paulo Henrique Zanin, João Pestana and so on. This thesis is dedicated to my parents who have given me the opportunity of studying abroad and support throughout my life.
    [Show full text]
  • Copyrighted Material
    INDEX Aodayixike Qingzhensi Baisha, 683–684 Abacus Museum (Linhai), (Ordaisnki Mosque; Baishui Tai (White Water 507 Kashgar), 334 Terraces), 692–693 Abakh Hoja Mosque (Xiang- Aolinpike Gongyuan (Olym- Baita (Chowan), 775 fei Mu; Kashgar), 333 pic Park; Beijing), 133–134 Bai Ta (White Dagoba) Abercrombie & Kent, 70 Apricot Altar (Xing Tan; Beijing, 134 Academic Travel Abroad, 67 Qufu), 380 Yangzhou, 414 Access America, 51 Aqua Spirit (Hong Kong), 601 Baiyang Gou (White Poplar Accommodations, 75–77 Arch Angel Antiques (Hong Gully), 325 best, 10–11 Kong), 596 Baiyun Guan (White Cloud Acrobatics Architecture, 27–29 Temple; Beijing), 132 Beijing, 144–145 Area and country codes, 806 Bama, 10, 632–638 Guilin, 622 The arts, 25–27 Bama Chang Shou Bo Wu Shanghai, 478 ATMs (automated teller Guan (Longevity Museum), Adventure and Wellness machines), 60, 74 634 Trips, 68 Bamboo Museum and Adventure Center, 70 Gardens (Anji), 491 AIDS, 63 ack Lakes, The (Shicha Hai; Bamboo Temple (Qiongzhu Air pollution, 31 B Beijing), 91 Si; Kunming), 658 Air travel, 51–54 accommodations, 106–108 Bangchui Dao (Dalian), 190 Aitiga’er Qingzhen Si (Idkah bars, 147 Banpo Bowuguan (Banpo Mosque; Kashgar), 333 restaurants, 117–120 Neolithic Village; Xi’an), Ali (Shiquan He), 331 walking tour, 137–140 279 Alien Travel Permit (ATP), 780 Ba Da Guan (Eight Passes; Baoding Shan (Dazu), 727, Altitude sickness, 63, 761 Qingdao), 389 728 Amchog (A’muquhu), 297 Bagua Ting (Pavilion of the Baofeng Hu (Baofeng Lake), American Express, emergency Eight Trigrams; Chengdu), 754 check
    [Show full text]
  • ATTACHMENT 1 Barcode:3800584-02 C-570-107 INV - Investigation
    ATTACHMENT 1 Barcode:3800584-02 C-570-107 INV - Investigation - Chinese Producers of Wooden Cabinets and Vanities Company Name Company Information Company Name: A Shipping A Shipping Street Address: Room 1102, No. 288 Building No 4., Wuhua Road, Hongkou City: Shanghai Company Name: AA Cabinetry AA Cabinetry Street Address: Fanzhong Road Minzhong Town City: Zhongshan Company Name: Achiever Import and Export Co., Ltd. Street Address: No. 103 Taihe Road Gaoming Achiever Import And Export Co., City: Foshan Ltd. Country: PRC Phone: 0757-88828138 Company Name: Adornus Cabinetry Street Address: No.1 Man Xing Road Adornus Cabinetry City: Manshan Town, Lingang District Country: PRC Company Name: Aershin Cabinet Street Address: No.88 Xingyuan Avenue City: Rugao Aershin Cabinet Province/State: Jiangsu Country: PRC Phone: 13801858741 Website: http://www.aershin.com/i14470-m28456.htmIS Company Name: Air Sea Transport Street Address: 10F No. 71, Sung Chiang Road Air Sea Transport City: Taipei Country: Taiwan Company Name: All Ways Forwarding (PRe) Co., Ltd. Street Address: No. 268 South Zhongshan Rd. All Ways Forwarding (China) Co., City: Huangpu Ltd. Zip Code: 200010 Country: PRC Company Name: All Ways Logistics International (Asia Pacific) LLC. Street Address: Room 1106, No. 969 South, Zhongshan Road All Ways Logisitcs Asia City: Shanghai Country: PRC Company Name: Allan Street Address: No.188, Fengtai Road City: Hefei Allan Province/State: Anhui Zip Code: 23041 Country: PRC Company Name: Alliance Asia Co Lim Street Address: 2176 Rm100710 F Ho King Ctr No 2 6 Fa Yuen Street Alliance Asia Co Li City: Mongkok Country: PRC Company Name: ALMI Shipping and Logistics Street Address: Room 601 No.
    [Show full text]
  • Best-Performing Cities: China 2018
    Best-Performing Cities CHINA 2018 THE NATION’S MOST SUCCESSFUL ECONOMIES Michael C.Y. Lin and Perry Wong MILKEN INSTITUTE | BEST-PERFORMING CITIES CHINA 2018 | 1 Acknowledgments The authors are grateful to Laura Deal Lacey, executive director of the Milken Institute Asia Center, Belinda Chng, the center’s director for policy and programs, and Ann-Marie Eu, the Institute’s senior associate for communications, for their support in developing this edition of our Best- Performing Cities series focused on China. We thank the communications team for their support in publication as well as Kevin Klowden, the executive director of the Institute’s Center for Regional Economics, Minoli Ratnatunga, director of regional economic research at the Institute, and our colleagues Jessica Jackson and Joe Lee for their constructive comments on our research. About the Milken Institute We are a nonprofit, nonpartisan think tank determined to increase global prosperity by advancing collaborative solutions that widen access to capital, create jobs, and improve health. We do this through independent, data-driven research, action-oriented meetings, and meaningful policy initiatives. About the Asia Center The Milken Institute Asia Center promotes the growth of inclusive and sustainable financial markets in Asia by addressing the region’s defining forces, developing collaborative solutions, and identifying strategic opportunities for the deployment of public, private, and philanthropic capital. Our research analyzes the demographic trends, trade relationships, and capital flows that will define the region’s future. About the Center for Regional Economics The Center for Regional Economics promotes prosperity and sustainable growth by increasing understanding of the dynamics that drive job creation and promote industry expansion.
    [Show full text]