Business travel spending in China is expected to grow by around 15.6 percent this year to about 126 billion yuan ($19.7 billion), making it the slowest growth in the last three years, said a new report. Swiss could be profiting as well, due to easier chinese business travel rules in the free trade agrement between China and Switzerland.
According to the 2015 Chinese business travel management report from iResearch Consulting Group, a Shanghai-based market analysis firm, growth in China’s business travel market has bottomed out this year and the growth rate is lower than the 28.1 percent and 17.2 percent seen in 2013 and 2014 respectively.
A few days ago chinese Foreign Minister Wang Yi said in Kuala Lumpur that his country will provide developing countries including the Southeast Asian nations with infrastructure “most in need”. He was not talking about africa, which we talked about in this Blog – China is helping different others from the southeast to silkroad. A chinese way of expension and gaining influence true economical support and trade.
Nun, wer mit China im Geschäft ist, der reist zwangsweise viel und ist oft im Flugzeug. Jeder Vielflieger hat ja da so seine Tricks. Jetzt gibt es aber einen ultimativen neuen Anziehtrick. Auf Kickstarter, einer Crowdfunding Plattform läuft zur Zeit eine sehr erfolgreiche Finanzierungskampagne für die “beste Reisekleidung”. Was das sein soll? Das Video gibt Aufschluss:
Wer mehr über dieses Projekt erfahren will und zu den ersten gehörten will der eine BauBax Travel Jacket trägt, hier der Link zu Kickstarter. Dabei gibt es auch eine Business Version… Unser Tip, anschauen!
“Der Status als Reservewährung und die Internationalisierung des RMB könnten China auf mehrere Weise Nutzen bringen, u. a. eine potenzielle Senkung der Kreditkosten und Erleichterung einer Expansion chinesischer Unternehmen im Ausland. Dies würde grenzübergreifende Verträge über wichtige Rohstoffe, wie Eisenerz, mit Preisen in RMB ermöglichen. Dadurch würden die Währungsrisiken, die sich aus Preisen in US-Dollar ergeben, reduziert. Vor allem aber würde der Weg bereitet, einen Teil der enormen Devisenreserven Chinas in ökonomisch produktivere Richtungen zu lenken.” schreibt Mark Mobius in seinem Gastbeitrag für das Wallstreet Online-Portal. Die Vorteile für China liegen also auf der Hand. Continue reading Wallstreet Online fragt: Wird Chinas Yuan zur weltweiten Reservewährung?
Zur Zeit arbeiten wir vom Connect-China Team am neuen Webauftritt für den Anlass vom 5. November. Nichts desto trotz sind hier alle bisherigen Blogbeiträge. Neu werden wir aber connect-china.ch mit den Informationen zum Anlass und connect-china.org mit dem Blog zusammenlegen. Aus zwei wird eines.
Harvard University has again won the laurel of world’s most prestigious university, while two Chinese higher education institutions Tsinghua and Peking also made good progress, according to the latest Times Higher Education World Reputation Rankings 2015.
Times Higher Education (THE) published the 2015 THE World Reputation Rankings on March 11, revealed a new round of the top 100 universities across the world.
Five Chinese universities entered the ranking. They include Tsinghua University, which moved to 26th from 36th last year, and Peking University, which rose nine places to 32. The THE said both Tsinghua and Peking secured their highest ever positions.
Tired of your old job? Looking for a new environment? There are a lot of reasons to leave your home country behind in search of greener pastures, but picking where to go can be an overwhelming decision.
There are a lot of conflicting factors: job opportunities, salary considerations, quality of life, safety, and childcare are just a few. HSBC has made the decision a whole lot easier with its latest annual Expat Explorer survey. It is pretty interesting to see Switzerland and China in top positions. While one country may lead the work-life balance (China) is the other probably leading in life-work balance (Switzerland). But both worlds are attractiv as we think from Connect.China.
The survey ranks the best places to go based on experience, economics, and raising children abroad, with subcategories for each group. We’ve picked out the top 20 places overall. (But you can also personalize the rankings based on which factors matter to you.)
China will work with other countries to build a wider and tighter net of international anti-corruption cooperation, Foreign Minister Wang Yi said earlier in March.
Anti-corruption is a never-ending struggle and China would never relent its efforts of overseas hunting for suspects and recovering of their illegal assets, so that “even the most cunning fox will have no place to hide,” he said at a press conference on the sidelines of the annual session of the National People’s Congress, China’s top legislature.
China launched the Operation “Fox Hunt 2014,” bringing back a large number of corrupt officials and economic crime suspects who have fled the country. The campaign upheld sanctity of laws and social justice, Wang said.
China has concluded a total of 91 treaties on extradition and criminal judicial assistance, he said. “We would like to conclude relevant treaties and agreements with more countries.”
He noted that an anti-corruption declaration was adopted during the Asia-Pacific Economic Cooperation meetings in Beijing, and a cross-border law enforcement network was set up.
“Our cooperation with relevant countries in the law enforcement is becoming more smooth and effective,” he said, appreciating the support given to China by other countries.
A political adviser called for regulation and supervision to protect women from being discriminated against in employment during the ongoing two sessions. This is a quit important News to foreign companies, especialy smaller. It was a unwritten tip for foreign companies to hire women, as they are more reliable then man. Therfore changes for women may inpact the way of doing business in China.
Zhen Yan, former vice-chairwoman of the All-China Women’s Federation and a member of the National Committee of the Chinese People’s Political Consultative Conference, said gender discrimination still exists in the labor market.
“Some companies say openly that only male candidates will be employed or preferred,” Zhen said at the sideline of the two sessions.
“The situation worsened after the country adjusted the one-child policy,” she said, “Many companies do not hire women for fear of having to give maternity leave.”
A survey last year on graduates’ employment in Beijing, Hebei and Shandong provinces showed that 86.6 percent of female students had faced gender discrimination, according to Zhen.
In western medias often China gets blamed as a simply copycat-machine which steals ideas (and jobs). We at Connect.China do not say that this does not happend, but before fingerpointing only the others, we should know the facts as well. In 2014 China continued to rank top in the world in invention patent filings for the fourth consecutive year, according to the latest data from the State Intellectual Property Office. China made his homework, the country is developing and producing more and more innovations for a hugh home market, but as a well for the world. To stand away could be dangerous for many industries on the long run. Swiss companies have a hugh advantage against EU companies due to the Free Trade Agreement which helps as well with legal securities on the patents.
Some increadible 928,000 applications for invention patents were filed with SIPO in 2014, an increase of 12.5 percent from a year earlier, “representing steady and sound growth momentum”, Gan Shaoning, deputy commissioner of SIPO, told a recent press conference.
Compared with the other two types of patents – utility models and industrial designs – invention patents have more stringent requirements for approval.