Business Tianjin InterMediaChina InterMediaChinaInterMediaChina wwwww.businesstianjin.comw.businesstianjin.comwww.businesstianjin.com November 2017 2017 NOV Follow us on Wechat! www.businesstianjin.com 18 What's ticking INNOVATION Dario Pithard AND General Manager The St. Regis Tianjin TEAM SPIRIT The Democratization of Finance 25 How Do Metro Lines Affect The Office Market? 31 Trends of E-commerce in 2018 38 The Top 5 HR Software In China 46 Towards an Expatriate Literature 69 InterMediaChina Dear Readers, www.businesstianjin.com Business Tianjin In this issue our editor interacted with a German national gifted with November 2017 an exceptional in-depth understanding of Chinese culture. Dario Pithard is the General Manager of The St. Regis Tianjin and his valuable insights provide an accurate view from the trenches. He is zealous and driven, and would not settle for an ordinary career path. China’s economy this year has shown signs of stabilizing and growing more strong, and the momentum may continue in the second half. You BEST GIFT TO YOURSELF anD YOUR FRIENDS can read about it in detail under our Economy section. Hospitality industry greatly relies on customer’s free time and surplus income. Read our marketing section to gain a better understanding how public relations play a highly effective role as a marketing technique. In many areas, banks are losing their monopolistic position as cheaper alternatives provided by newcomers are claiming a growing market share. Learn more in our In Depth column about The Democratization of Finance on a global scale. TO China has emerged as a key player in the process of economical and www.businesstianjin.com structural development and regional integration of Latin America. We have dedicated our Feature Story to the economic partnerships of China with the countries of Latin American subcontinent. SUBSCRIBE In just a few clicks, everything can be bought online! What are the e-Commerce trends to watch for in 2018? Let’s take a guess on how China will look like in 2018 in our new eBiz section. We publish again in this issue a great variety of interesting articles BUSINESS TIANJIN MAGAZINE such the Human Brain Connected to Computer under the Tech column and the top 5 HR software packages in China. Visit our website www.businesstianjin.com and follow us in our official Wechat account (ID: business_tianjin) for getting a complete list of articles and information. by taken photo of your business card (or your friend) and send to us by Wechat scanning this QR Code. If you don’t have business card, just Mary Smith ADD US in your Wechat to above QR Managing Editor | Business Tianjin Magazine code or send email to : [email protected] [email protected] 今年9月，天津瑞吉金融街酒店迎来了新任总经理Dario Pithard 先生。Dario Pithard先生善于倾听，尊重他人，对中国文化有着深刻 的理解，对酒店业未来的发展有着独特的观察。天津瑞吉金融街酒 Subscription Price for Business Tianjin 店必将在Dario Pithard先生的带领下书写出新的精彩篇章。上半年 3 issues = 80rmb 中国经济形势总体保持稳中有增的趋势，我国9月份出口额同比上涨 8.1％，进口额同比增长18.7％。您可以在经济专栏中了解更多信息。 6 issues = 144rmb (10% discount) 最近流行一句话：“打败你的都不是同行”。的确，银行业面临的竞 12 issues = 256rmb (20% discount) 争对手并不是更大的银行，而是各类手机支付及金融APP；另外，电 商发展已成为我国市场中的一支生力军，每年“双十一”都会出现令 ADVERTISING AGENCY 人震惊的销售数据。电子商务从业者该如何继续保持势头继续前行， SPECIAL JOIN SUBSCRIPTION InterMediaChina 金融业将如何面对市场上出现的新挑战，人机互联的电脑模式究竟如 [email protected] 何，人力资源业好用的APP有哪些……打开本期杂志，让我们一同发 Business Tianjin Magazine 现。更多精彩，请访问我们的网站www.businesstianjin.com或关注我 + Tianjin Plus Magazine PUBLISHING DATE 们的微信公众号：business_tianjin。 November 2017 ADDITIONAL discount of discount. 30% Business Tianjin is FREE For Members ONLY 3 issues = 108 RMB 6 issues = 195 RMB + GIFT: POWER BANK for Mobile Phone ISSN 2076-3735 12 issues = 348 RMB + GIFT: MEMORY STICK, 32GB, USB 3.0 Biz Briefs Business Tianjin / November 2017 Tianjin News Business Attracting and FINANCE Contracting Ceremony @ 19th CPC National Congress Tianjin selected as one of Global Lujiazui’s Newest Business Brand ◄ Innovation and Team Spirit 09 BIZ BRIEFS opened in Beijing 15 Best Tourism Sample Cities L+ Mall What’s ticking Dario Pithard, 13 NUMBERS General Manager, 14 ECONOMY The St. Regis Tianjin Signs of Stabilizing and Growing Dario Pithard is the General Manager of The 16 FEATURE STORY St. Regis Tianjin and his valuable insights A Key Partner for the Development provide an accurate view from the trenches. of Latin America? He is zealous and driven, and would not settle for an ordinary career path. A German 18 COVER STORY national, he is gifted with an exceptional in-depth understanding of Chinese culture. Innovation and Team Spirit “More Than Imagination”, Business 25 IN DEPTH The 19th National Congress of the See Page 18 Tianjin has been listed among the Global Attracting and Contracting Ceremony The Democratization of Finance 15 Best Tourism Sample Cities by the Communist Party of China commenced at of Tianjin Lujiazui Center was held on th st about 9 a.m. on 18 October in Beijing. 28 INVESTMENT UNWTO. The selection of global tourism September 21 , at the hall on the first More than 2,200 delegates from all walks High Times Ahead Despite Geopolitical Risk sample cities began in December, 2016. floor of the project building. Over a of life across China are slated to attend The concept was to investigate, evaluate hundred representatives from famed the one-week event, which was held at the 30 BUSINESS NEWS and select 15 sample cities from 193 brands home and abroad and more Great Hall of the People. The congress 31 REAL ESTATE member countries, and then promote than 30 media presses from Tianjin covered four important agendas, including How Do Metro Lines Affect them to the world. The project set and the whole country joined together deliberating reports from the Party 18th The Office Market? five civic fields in any city for review: and witnessed the debut of L+ Mall, Central Committee and the 18th Central ◄ The Democratization economy, environmental condition, the newest brand of Lujiazui Business. 34 IPR Commission for Discipline Inspection, of Finance urban management, cultural depth, Tianjin Lujiazui is starting its nation-wide GNSS Technologies deliberating and adopting amendments to Cheaper Alternatives to Banks travel technology and new business business attracting. Meanwhile, it has the party's constitution and electing the models; each city was free to choose one contracted with an array of brands like 38 E-BIZ party's 19th CC and CCDI. The Fourth industrial revolution is slowly Trends of E-Commerce in 2018 strong field as a basis for application Baoyan Supermarket, Cinema Palace, crawling into the financial sector. Technology for consideration. Three cities in China, G-SUPER, KFC, Pizza Hut, Haidilao Hot th is challenging the way traditional banks have 40 LEGAL ASSISTANCE Beijing, Tianjin and Hangzhou, were Pot, COSTA, Education First, AD.BEN China is the 6 most cashless operated over the last few decades, creating New Trend On Outbound Investments selected. and Wudijia Noodle Restaurant; they all country in the world an environment where money becomes sgained the trust of Tianjin market, their cheaper and more accessible to ordinary 43 TAX & FINANCE Transport card to cover people. More and more banks shifted to recognition of Lujiazui, and their good Outlook for the Proposed US Tax Reform Beijing-Tianjin-Hebei region online banking and now to mobile banking to wishes towards cooperation. offer better customer experience, but banks 46 HR are still charging fees that customers can’t Tianjin exhibition showcases Top 5 HR Software Programs in China avoid paying – until now. works of young artists 49 TECH See Page 25 Human Brain Connected to Computer 52 ARCHITECTURE China is the sixth most cashless country Wood Finishes in the world, according to a recent study from global trading site Forex Bonuses. 54 MARKETING The rankings took into account various Effective Public Relations as An all-in-one card for taking public criteria, such as the number of credit cards a Marketing Tool in the Hospitality Industry transport in Beijing, Tianjin and Hebei per person, number of debit cards per province will be available to all lines person and number of cards in issue with 57 PAST EVENTS contactless functionality. Canada took in the region by the end of the year. Advancement of digital technology 58 CHAMBER REPORTS the crown, as its citizens own more than Passengers with the card can take all has reshaped the way people absorb two credit cards per person on average 60 LISTINGS buses in downtown Beijing, certain information, get along with each other and and 57 percent of payments are made 66 ART&LEISURE lines in Tianjin and all lines in Hebei's understand what happened in the past. An with cashless methods, though it has the Human Brain Connected to Computer Getting the Gift Right Shijiazhuang, Cangzhou, Baoding, ongoing exhibition at Tianjin Art Museum lowest number of debit cards among all Elon Musk’s Idea of Neuralink Handan, Zhangjiakou, Chengde and shows the works of 58 Chinese artists, the countries included in the research. 68 BOOK REVIEW Langfang. They also can enjoy the same reflecting how young people embrace a Elon Musk, the founder and CEO of Tesla and SpaceX, is running a company called Six Billion Shoppers While scoring high on many metrics, preferential policies, such as a discount world that is dramatically changing. The Neuralink that will try to connect human brains to computers! Yes, this sounds insane and a China ranks sixth in the list. Despite 69 LAST WORD for taking buses in a certain city with the Annual Exhibition of Young Chinese bit frightening but it is likely to benefit a lot of people. Let’s see what’s in the background of advances in mobile payment methods, it city's own transport card. Artists is part of this year's Tianjin Youth this venture. Towards an Expatriate Literature has a low share of credit card ownership Art Week. The exhibition, which has been See Page 20 and cashless payment accounts for only held since 2014, is organized by Ivy Art, a 10 percent of consumer transactions.