Business Tianjin is a bilingual Business Journal for expatriates living in China and global-minded readers.
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Dear Readers,On the 8th of March we celebrate Women’s Day, and to commemorate this special occasion, we recently had the privilege of chatting with Beow Yin Ong, a woman who has achieved great heights in her chosen career, and one who sets an outstanding example for women in the competitive corporate world.
Beow Yin Ong is CFO of Otis Elevator China Company Limited (OCL), where she provides leadership in all financial functions. She has almost 20 years of finance experience in different areas, and plays a key role in OCL. Her opinion and confidence about the future are very important for the organization.
As a woman with outstanding achievements in business, Beow Yin welcomes the fact that in China, women are given more opportunities than in the other countries in Asia. She advises women who aspire to rise in their organizations to learn from the great by finding one or two mentors. She encourages women to “Make your voice heard. Make your career goals clear. Don't be shy to be ambitious. Be appreciative of the opportunity”.
During our conversation with Beow Yin, she said that it is important to turn the difficulties of 2020 into opportunities in 2021. Hence, her key focus in 2021 is to ensure that even though the market is not yet stable, her company’s business will continue growing.
She gets pleasure out of those challenges that will take her to the edge, and appreciates the stress that ultimately pushes and develops her. “Do whatever you need to do, and stop comparing yourself to others. Be respectful; be responsible to yourself, to your company and to your employees.”
The final advice Beow Yin offered is that one should never stop learning, and that “We have to believe in ourselves.”
I hope you enjoy reading our conversation with Beow Yin, and her highly motivating message, which we dedicate especially to all women on Women’s Day. 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. Best Wishes, Mary SmithManaging Editor | Business Tianjin Magazinemanagingeditor@businesstianjin.com CONTENTS MARCH / 2021 07 BIZ BRIEFS 11 NUMBERS 12 COVER STORY: Turning difficulties into opportunitiesInterview with BEOW YIN ONGCFO of Otis Elevator China Company LimitedA woman with outstanding achievements 20 FOCUS: Fiat Chrysler-PSA merger creates world's fourth largest carmaker 22 E-BIZ: How will AI and AR enhance the e-commerce experience?
24 VISION 28 FEATURE STORY: Fast-tracking development across the world 30 FINANCE: Financing picking up speed amid carbon control efforts 32 INVESTMENT: Two-way fund flows set to be encouraged 34 IN DEPTH: China's digital economy competitiveness 3rd in world 36 INSPIRATIONAL: A successful, shy man with a compassionate attitude 40 TRAVEL: Pamukkale Turkey 45 BUSINESS NEWS 48 TECH: Cloud Seeding50 SCIENCE: The Future of Eye Technology 52 DIGITAL MARKETING: Top digital marketing trends to embrace in 2021 54 CHAMBER REPORT 56 LISTING
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Business Tianjin MAGAZINE 2021 MARCH issue Turning difficulties into opportunities化困难为机遇 Interview withBEOW YIN ONGCFO of Otis ElevatorChina Company Limited专访奥的斯电梯(中国)有限公司首席财务官王淼滢女士A woman with outstanding achievements 巾帼不让须眉,一位成就卓越的女性
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