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 opportunities would arise as UK is a major global player in several aspects.
This month's Economy Report showed that Chinese economy has continued to witness persistent sluggishness in certain key sectors. The latest global economy presents an uncertain yet promising future for the Chinese economy. Implementation of VAT is already history. Things become history in a few weeks or even days in China, thus indicating fast movement.
In this month'€˜s Cover Story of Business Tianjin, we have featured an interview of one of the most experienced actual leaders in Tianjin hospitality industry. Mr. Talayhan takes on the admirable role of managing The Astor Hotel, a Luxury Collection Hotel, The Westin Tianjin and The Sheraton Tianjin Hotel, three of the most remarkable hotels and landmark buildings of Tianjin.
Our Feature Story analyses a new ambitious construction project. Chinese government aims to have 500 commercial airports up and running by 2020 from 202 at the beginning of 2016.
With our ear to the ground and eyes set on what will emerge on the business horizon, we remain dedicated to bringing our readers the need-to-know news so as to keep on top of all things business and economics.
For up-to-date business news in China and overseas, be sure to visit our website www.businesstianjin.com
Yours Sincerely,
Mary Smith
Managing Editor | Business Tianjin Magazine
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CONTENTS
05 BIZ BRIEFS
09 NUMBERS
10 ECONOMY:Monthly Economy Report
12 FEATURE STORY:The Sky is still the Limit for China‘s Rapidly Expanding Air Travel Network
14 COVER STORY: One Leader, One Team, One Operation
20 DIALOGUE: Connected Thinking for Commerce
24 INVESTMENT: Cash VS Shares
27 INVESTMENT NEWS
28 REAL ESTATE: Why are government developers dominating the land sales market in Tianjin?
32 IPR:Managing Intellectual Property as a Business Asset
35 MARKETING: Four Ways Artificial Intelligence Will Disrupt Marketing
38 LEGAL ASSISTANCE:PBOC promotes new cross border financing rule throughout China
42 HR: Dos & Don'€˜ts of Client Relationships
45 FINANCE: Charity related tax reliefs need to be further clarified
48 ON THE HORIZON: Bye-Bye Da Hutong and Hello Wang Ding Di
