Business Tianjin InterMediaChinaInterMediaChinaInterMediaChina wwwwwww.businesstianjin.comww.businesstianjin.com.businesstianjin.com July 2016 2016 JULY www.businesstianjin.com One Leader, One Team, One Operation Dialogue with Ugur Talayhan, Managing Director of 14 The Astor Hotel, a Luxury Collection Hotel, Tianjin, The Westin Tianjin and Sheraton Tianjin Hotel The Sky is still the Limit for China’s Rapidly Expanding Air Travel Network 12 Why are government developers dominating the land sales market in Tianjin? 30 Managing Intellectual Property as a Business Asset 34 Bye-Bye Da Hutong and Hello Wang Ding Di 50 Types Of Chinese English Learners 67 Dear Readers, Business Tianjin July 2016 Summer has arrived and the new season is truly hot in many respects. The opening speech by Premier Li Keqiang in the Annual Meeting of New Champions 2016 happened between June 26th and 28th has made clear the commitment of China to lead the fourth industrial revolution. On the other hand, the latest news coming from Europe pertains to shacking Asia and the global economy. United Kingdom has voted to leave European Union, their Prime Minister has resigned, Mayor of London has declared that he wants to be present during the negotiations and Scotland has mentioned already that it would like to be a part of European Union. How will this news impact China and other nations? It is too early to make a judgment but it is certain that EU will not let UK leave with a good deal just for the sake of avoiding similar cases. At the same time, UK is the neighbor and has been a member of EU for many years, and they need to maintain this relationship in the best status possible. China will wait till the deal is clear, but it is already evident that many new www.businesstianjin.com opportunities would arise as UK is a major global player in several aspects. MANAGING DIRECTOR J. Hernan [email protected] This month’s Economy Report showed that Chinese economy has continued to witness persistent sluggishness in certain key sectors. The MANAGING EDITOR latest global economy presents an uncertain yet promising future for Mike Ross the Chinese economy. Implementation of VAT is already history. Things [email protected] become history in a few weeks or even days in China, thus indicating fast movement. EDITORS Elvira Cheng, Malaka Yattigala In this month’s Cover Story of Business Tianjin, we have featured an [email protected] interview of one of the most experienced actual leaders in Tianjin hospitality industry. Mr. Talayhan takes on the admirable role of CONTRIBUTORS Tracy Hall, Ben Hoskins, Chelsea Cai managing The Astor Hotel, a Luxury Collection Hotel, The Westin Robert Parkinson, Marwan Faddoul Tianjin and The Sheraton Tianjin Hotel, three of the most remarkable Philippe Healey, Justin Toy, Richard Cook hotels and landmark buildings of Tianjin. Priscilla Nolet, Michael Dow, Andrew Smith, Edmond Yang Our Feature Story analyses a new ambitious construction project. Chinese government aims to have 500 commercial airports up and DESIGNER Hu Yingzhe running by 2020 from 202 at the beginning of 2016. MARKETING, EVents & Promotions With our ear to the ground and eyes set on what will emerge on the Zhang Danni, Jenny Wang business horizon, we remain dedicated to bringing our readers the need- [email protected] to-know news so as to keep on top of all things business and economics. PHOTOGRAPHERS For up-to-date business news in China and overseas, be sure to visit our Wang Yifang, Meng Yu website www.businesstianjin.com DISTRIBUTION Yours Sincerely, Lei Hongzhi [email protected] Mary Smith ADVERTISING AGENCY InterMediaChina [email protected] Managing Editor | Business Tianjin Magazine PUBLISHING DATE July 2016 [email protected] Business Tianjin is FREE For Members ONLY ISSN 2076-3735 Want to leam more? Contact Murray MacTavish: [email protected] Biz Briefs Business Tianjin / July 2016 Tianjin News Second Year Anniversary @ Hyatt Innovative startups become Regency Tianjin East driving force in Binhai New Area The Second Beijing - Tianjin - Hebei ◄ One Leader, One Team, 05 BIZ BRIEFS Intangible Cultural Heritage One Operation Exhibition held successfully Dialogue with Ugur Talayhan, 09 NUMBERS Managing Director of The Astor 10 ECONOMY Hotel, a Luxury Collection Hotel, Tianjin, The Westin Tianjin and 12 FEATURE STORY Sheraton Tianjin Hotel The Sky is still the Limit for China’s With 27 years of extensive experience in Rapidly Expanding Air Travel Network the hospitality industry, Ugur Talayhan, an award-winning innovative thinker, joins 14 COVER STORY the Tianjin hospitality scene to breathe a One Leader, One Team, One Operation new lease of life to not one, but three, of Tianjin’s most iconic luxury hotels. After 20 DIALOGUE Hyatt Regency Tianjin East celebrated Innovative startup companies have a long career working amongst the many its second anniversary and Hyatt's 30 become a new driving force for Binhai Connected Thinking for Commerce Based on the theme of “Intangible different Starwood Hotel brands all over the years in Tianjin with about 200 guests New Area's growth according to an Cultural Heritage and Modern Life”, The world and achieving great success under and media at Wok in the Garden, official of the new area in Tianjin as it 24 INVESTMENT Second Beijing Tianjin Hebei Intangible a range of roles, from Executive Chef to Cash VS Shares and witnessed Hyatt’s successes and celebrates its 10th anniversary. Instead of Food and Beverage Director and more, Cultural Heritage Exhibition was held achievements in Tianjin on 20th May setting up a government-led incubator in Mr Talayhan takes on the admirable role between 8th and 12th June at Tianjin 27 INVESTMENT NEWS 2016. Hyatt Group leadership showered the area, the Binhai government has given of managing The Astor Hotel, a Luxury Art Museum. The exhibition comprised its congratulations on Hyatt Regency the floor to private companies to launch Collection Hotel, Tianjin, The Westin Tianjin 28 REAL ESTATE of several components: exhibitions, Tianjin East’s second year anniversary via their own incubators, or mass innovation and The Sheraton Tianjin Hotel. This month, Why are government developers special performances, folk activity, public a video. The Group President Mr. David space as they are called in the area. So far, we spoke exclusively to Mr Talayhan about dominating the land sales market in Tianjin? lectures and a new products conference. Udell said that Hyatt brand in China there are 15 such private incubators that histop world-class hotels. See Page 14 The purpose of this exhibition was to mainland started from beautiful Tianjin, have been or are about to be set up in the fully integrate the outstanding intangible ◄ Connected Thinking 32 IPR where the Hyatt name is synonymous area. They are owned by large technology Managing Intellectual Property cultural heritage resources in Beijing, for Commerce with hosting top-level guests, prestigious companies such as Tencent, Alibaba as a Business Asset Tianjin and Hebei and build a platform for Dialogue with Doris Hohmann, meetings and special events. and Baidu. Governments in Tianjin and cultural heritage protection, inheritance, Regional Manager of the Binhai New Area have set up a 1 billion 35 MARKETING exchange and cooperation. German Chambers of Commerce Tianjin is working on exascale Yuan ($152 million) innovation fund to in North China, Tianjin Office Four Ways Artificial Intelligence supercomputer project attract innovative companies. Having joined the German Chambers of Will Disrupt Marketing Commerce, Tianjin as Regional Manager in Macao Tourism institute debuts a 38 LEGAL ASSISTANCE GE’s Current Extends Smart City October last year, Doris Hohmann brings a successful launch in Tianjin PBOC promotes new cross border financing Deal with Tianjin breath of fresh air to the support of German rule throughout China businesses in the city through her creative and connected thinking and execution of 42 HR business and social events. As the economic Dos & Don’ts of Client Relationships and business potential within Tianjin continues to attract more foreign business to 45 FINANCE establish themselves, this month we spoke Charity related tax reliefs need to be further to Ms Hohmann to find out more about her clarified and the work of the German Chambers of A supercomputer capable of performing Commerce and what members are currently 48 ON THE HORIZON at least a billion calculations per second benefitting from being part of this circle. Bye-Bye Da Hutong and Hello Wang Ding Di will enter service by 2020, said the head Macau Institute for Tourism Studies, See Page 20 of the school of computing at the National ranked No. 1 for Bachelor level 50 MANAGEMENT University of Defense Technology General Electric's new energy and lighting ◄ Four Ways Artificial Intelligence courses certified by the World Tourism Better Leadership and Decision-Making (NUDT). As per the national plan for group “Current, powered by GE” said Will Disrupt Marketing During an Economic Slowdown Organization of the United Nations, had a next generation of high performance that Tianjin is widening its commitment The words Artificial Intelligence (AI) can successful launch of its plan for Tianjin’s conjure up images of cyborgs, robots, and computers, China will develop an to deploy Current's lighting-based smart potential candidates on 7th June. The dystopian futures like in the Terminator or 53 CHAMBER REPORTS exascale computer during the 13th city technologies and to develop a digital Institute will participate to help towards Matrix series. However, these images of AI 56 PAST EVENTS Five-Year-Plan period (2016-2020)."The infrastructure. A new memorandum of educating local professionals endowed don’t really reflect what AI is or where it is government of Tianjin Binhai New Area, understanding (MOU) between the two 58 LISTINGS with international outlook and cultivate heading.