Business Tianjin OUT! December 2018 Edition《津衛商務》2018年十二月刊出刊啦！

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Elegantly poised alongside the Hai He River, you will find what could be arguably Tianjin’s most exquisite hotel. Furnished with luxurious gold and marble décor, Wanda Vista Tianjin’s splendour is unlike any other. Eager to find out more, Business Tianjin spoke to its General Manager, Nikolaos Chatzipetros, to get an insight on staff training, the inspiration behind the splendid interior and guest requests that you would not expect to hear about.

It has been 10 years since the crisis that shook the financial world in 2008 and led major economies to recession afterwards. Collapse of Lehman brothers marked the first event in a series of catastrophic events that followed. Major global economies entered into what has been dubbed the great recession. Western economies contracted and struggled, and even today 10 years after the crisis, their levels of growth are highly unsustainable for a variety of reasons, whereas economies like China have been growing at rates above 8% and 10% annually, and recently above 6%. Next few decades, eastern countries will be setting global governance frameworks and models.

Recently, evidence of slowdown in the Chinese economy is mixed. Growth still continues but there are some signs of faltering in some segments. Banks need a boost and property sector needs constant monitoring to avoid overheating. Effects of the US-China trade war may not be felt to their true extent until after the tariffs take full effect in Januray 2019.

In this issue, the focus column point out 5 topics that you should be aware of, not only to better understand the reality of China but also if you want to do business here.

There are many other interesting articles this month, and I invite you to read them all after having checked our content page. We are sure you will find topics that will help you in your professional and personal life, such the benefits of diversity at workplace, the recently currency War or even the first battery-free phone.

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

[e-mail]

CONTENTS

06   BIZ BRIEFS

10   ECONOMY: Working On Multiple Fronts

12   FEATURE STORY: Global economic gravity center is shifting to the east

14   COVER STORY: Mix the Right Cocktail to Satisfy Our Guests

19   PAST EVENTS: Challenges in 2019: Top Executives Meeting

24   FOCUS: 5 Challenges in Today’s China

26   TRAVEL: Akureyri, Iceland

28   IN DEPTH: The Currency War

30   INSPIRATION: Making The World As GOOD As POSSIBLE

32   INVESTMENT: Shanghai pharmaceuticals

34   IPR: Medical Device Industry

36   NUMBERS

37   BUSINESS NEWS

38   E-Biz: How to Use Your Customer’s Questions

40   TAX & FINANCE: The priority of China’s anti-tax avoidance work in the future

44   LEGAL: New Individual Income Tax Law are Seeking Public Comments

47   REAL ESTATE: Sino-Singapore Tianjin Eco-City

50   TECH: First Battery-Free Mobile Phone

52   MARKETING: The New Way of Communicating!

54   HR: Benefits of Diversity at the Workplace

56   CHAMBER REPORTS

58   LISTINGS

64   ART & LEISURE: Chinese Heritage Interplay of Architecture

66   BOOK REVIEW: China’s Mobile Economy

69   LAST WORDS: Why Do Parents Send their Children Abroad for Schooling?

Previous Articles You Could Read：

Business Tianjin 2018 December Issue

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