Business Tianjin Business Tianjin ECONOMY • FINANCE • MARKETING InterMediaChina www.businesstianjin.com 07/2019 March 2019 July 2019 An interview with Volker Palm 始终领先一步 采访彭夫柯（Volker Palm） 万可电子（天津）有限公司总裁 BE ALWAYS ONE STEP AHEAD www.businesstianjin.com www.businesstianjin.com Follow us on Wechat! Dear Readers, We have the privilege this month to interview Mr Volker Palm, CEO of WAGO Electronic (Tianjin) Co., Ltd., company founded in 1997 at Wuqing Development Area (UDA), Tianjin. During our conversation with Volker, German by birth, but Chinese by heart, who has lived and worked for the past 25 years in China, we discover the success of WAGO and always a positive mindset of its leader in Tianjin. The key to success is to be always one step ahead of the game in any decision you make. This is one of WAGO main principles and the reason to continuously keep abreast of industry trends. The Chinese economy is still growing, albeit that growth is slower in some areas, such as the industrial sector. The Chinese economy remains resilient in the face of geopolitical shocks, such as the intensifying trade war. The government is prepared to stimulate the economy, and many enterprises are showing flexibility by planning to relocate their manufacturing plants to avert the tariffs. Despite expectations of slower economic growth in the upcoming quarters, pessimism is not fully warranted yet. www.businesstianjin.com Last meeting of G20 has reached the decision to give some tile to the trade talk. The decision of the US to ban the collaboration, technology, and services from foreign adversaries is believed to be a warning to all Android phone companies. The challenge rises as Huawei will need to outwit and introduce to the public the alternative solution for the award-winning Google services. There is no press release yet on how Huawei will resolve this Android barrier and hurdles for their future device to appease the Google users. It will mean creating its own App Store that you can find in Huawei phones, as AppGallery. At the moment, global users are waiting for Huawei’s “Plan B.” Rafael Nadal is a true fighter, and despite the frequent injuries, he was able to pull out stunning victories, which are inspirational to many youngsters and entrepreneurs. Sometimes he took long leave from the circuits, but those vacations he used to garner his strengths to outsmart his opponents. His life is an inspirational story for many business leaders. Visit our website www.businesstianjin.com and follow us on our official Wechat account (ID: business_tianjin) for a complete list of articles and information. Mary Smith Managing Editor | Business Tianjin Magazine [email protected] ADVERTISING AGENCY InterMediaChina [email protected] PUBLISHING DATE July 2019 Business Tianjin is FREE For Members ONLY ISSN 2076-3735 Contents July 2019 Be Always One Step Ahead 06 BIZ BRIEFS An interview with Volker Palm 10 ECONOMY CEO of WAGO Electronic The Picture Remains Positive in the (Tianjin) Co., Ltd. Overall The key to success is to be always one 12 FEATURE STORY step ahead of the game in any decision you Leadership in Global Artificial make. This is one of WAGO main principles and the reason to continuously keep abreast Intelligence Research of industry trends. We have the privilege this 14 COVER STORY month to interview Mr Volker Palm, CEO of WAGO Electronic (Tianjin) Co., Ltd., compa- Be Always One Step Ahead ny founded in 1997 at Wuqing Development 20 focus Area (UDA), Tianjin. During our conversa- tion with Volker, German by birth, but Chi- Google Revokes Android License to nese by heart, who has lived and worked Huawei for the past 25 years in China, we discover the success of WAGO and always a positive 22 INSPiration mindset of its leader in Tianjin. A true fighter AN EXQUISITE ITALIAN DINING EXPERIENCE See Page 14 25 TraveL Ukraine Italian Restaurant & Café 28 IN DEPTH Florentia Village Outlet Mall Chinese Space Industry And its North Qianjin Road Business Relationship Wuquing District, 301700 Tianjin 30 Investment 武清区前进道北侧佛罗伦萨小镇Food-5 Kandi Technologies Progress Continues Telephone: 022 59698238 32 E-BIZ www.bellavitaconcept.com eWarehousing 34 REAL Estate Address: Industry Awards Highlight Best Olympic Tower Practice in Real Estate No.104, Chengdu Road 36 BUSINESS NEWS ▲ INSPIRATION Heping District, Tianjin 42 TECH A true fighter Can You Really Trust VPN 和平区成都道126号 What do you think about a person, who was the world’s number one tennis player, 17-time Providers With Your Data? 奥林匹克大厦1楼104 winner of Grand Slam, who had an incredible track record of 80 ATP titles in hand? You might be joking if you think that he had a perfect fitness and played against only weak opponents. 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However, most link-building strategies (guest-posting, and blog submission directories) are outdated, generate few backlinks, and are time and energy consuming. Order one day earlier until 14:00am See Page 44 We accept orders by e-mail or Wechat July 2019 I I July 2019 5 E-mail: [email protected] Wechat: yushengsensen Biz Briefs Biz Briefs developed by Tianjin University and on cross-Straits media. A total of 33 A Chinese start-up called Neolix CHINA ISSUES 5G LICENSES FOR XIAOMI WILL BE MOVING TO A Tianjin News the China Electronics Corporation. intentional agreements on top-level kicked off mass production of its COMMERCIAL USE NEW HQ IN BEIJING FIRST HIGH-SPEED RAILWAY TO personnel introduction, technological self-driving delivery vehicles on Friday LINK TIANJIN, HONG KONG AIRBUS TIANJIN SET TO RAMP UP cooperation and investment projects -- saying it’s the first company globally PRODUCTION were inked on Friday, according to to do so -- and has lined up giants, the organizer. Concurrently held such as JD.Com Inc. and Huawei during the conference, the Chinese Technologies Co. as customers. Neolix Project and Commodity Expo of World expects to deliver a thousand of the Overseas Chinese Entrepreneurs have vehicles, which resemble tiny vans, attracted companies from 30 countries within the first year as it broadens and regions, as well as a number of out. The implications are potentially China's Ministry of Industry and overseas Chinese organizations. huge: Billionaire Jack Ma predicts Information Technology (MIIT) issued Some of Xiaomi’s 20,000+ employees The first high-speed railway linking there will be 1 billion deliveries a day 5G licenses for commercial use, will be moving to the 8 buildings that Tianjin and Hong Kong will be put into NEW REGULATION FOR CAR in China within a decade and the marking China's official entry into make up its new headquarters called use on July 10th, according to Tianjin's Airbus is expected to ramp up the OWNERS IN TIANJIN commercialization of the technology the 5G era. The licenses have been “Xiaomi Science and Technology Park”. railway authorities. The bullet train, production rate of the A320 Tianjin could provide lessons for autonomous granted to China's major telecom Inside, 210,000 square metres will offer G305, will depart from Tianjin West assembly line to six airplanes per vehicles carrying passengers. Neolix carriers: China Telecom, China Mobile, plenty of room for the company’s Railway Station at 10:58 a.m. and arrive month by early 2020. In addition to the isn’t alone in this space as Silicon China Unicom and China Broadcasting many projects, as well as dedicated at Hong Kong West Kowloon Station A330, Final Assembly Line Asia (FALA), Valley’s Nuro raised almost a billion Network for the operation of the space to speeding up AI development. at 9:02 p.m. The second-class seat for is now capable of conducting the dollars this year and is starting to "fifth generation digital cellular Xiaomi will keep using the 4 buildings the 10-hour ride will cost 1,092.5 yuan. assembly of A320 single-aisle airplanes, deliver groceries in Arizona. mobile communication business." making up its current HQ, but some of The train will run through 12 stations. including the latest model A320neo, The much-anticipated technology the research will move out to the new After the launch of the new route, the the report said. In the decade since CHINA TO CREATE BLACKLIST OF will not only greatly enhance the place. Both old and new headquarters number of high-speed railway stations Airbus inaugurated its assembly line ‘unreliable’ FOREIGN FIRMS speed, coverage and responsiveness are located in Beijing. on the Chinese mainland that link in Tianjin, more than 380 jetliners from China's traffic authorities have of wireless networks, but many other Hong Kong will increase to 58. the best-selling A320 range have been approved the swapping of license aspects. SUNING.COM TO PAY CASH FOR delivered from the site to both Chinese plates between cars registered with the 80-PERCENT CARREFOUR CHINA 'MIND READING' CHIP UNVEILED and international airline customers.