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Business Tianjin Magazine - Business English Magazine in China

 

Tianjin Port To Inject 230M Yuan Into Financial Firm

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NEWS - Tianjin Transportation

Monday, 11 July 2011 15:06


Tianjin Port (600717) intends to inject 230 million yuan into Tianjin Port Finance, of which 168 million yuan will be injected to the new financial firm’s registered capital while the remainder will supplement its capital surplus, reports China Securities Journal, citing a company filing.

Tianjin Port estimated an investment payback period of 8.4 years, with a profit margin of 10.1 percent for the capital injection.

Tianjin Port Finance reported revenue of 41.94 million yuan and net profit of 27.79 million yuan in the first quarter of 2011. In 2010, the company posted revenue of 147 million and net profit of 81.56 million yuan.

Tianjin Port specializes in port handling services, commodities distribution, tugboat services, processing, cargo storage, freight forwarding and shipping brokerage services.


 

 

7th Chiang-Chen talks slated for August in Tianjin

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NEWS - Tianjin Trade

Monday, 25 July 2011 13:55


Taipei,  The seventh round of top-level talks between Taiwan and mainland China will likely take place in China's northern metropolis of Tianjin in August, according to an official familiar with cross-Taiwan Strait affairs.

There have been no meetings between Chiang Pin-kung, chairman of Taiwan's intermediary Straits Exchange Foundation (SEF), and Chen Yunlin, president of the Beijing-based Association for Relations Across the Taiwan Straits (ARATS), since December, and now it is China's turn to host.

The talks have been tentatively scheduled for the second half of August.

Meetings between the SEF and ARATS heads have become part of institutionalized talks between Taiwan and China in the absence of official ties.

Liu Te-shun, deputy minister of the Mainland Affairs Council (MAC), confirmed Thursday that "August is highly possible" for the next Chiang-Chen rendezvous.

The MAC, the top planner of Taiwan's mainland policy, supervises the SEF's operations.

As to whether an investment protection agreement between the two sides will be forged during the seventh round of talks, Liu declined to elaborate, only saying that SEF and ARATS officials have met at least eight times over the past year on the matter, and they have intensified their opinion-exchanging recently.

The investment protection agreement, a deal that was expected to be clinched last December, fell through in part because of a lack of consensus over the deal's arbitration mechanism. Taiwan wanted the deal to stipulate that disputes would be settled by international arbiters, but China balked because it feared such a deal would tacitly acknowledge Taiwan's sovereignty.

On a cross-strait nuclear safety pact, another focus of the seventh Chiang-Chen meeting, Liu said the two sides have completed only one round of talks. Despite making some headway, the two sides need to further communicate on certain issues before concluding the pact, he added.

Follow-up issues relating to the Economic Cooperation Framework Agreement (ECFA) that the two sides signed in 2010, such as trade in goods and services and a dispute resolution mechanism, are also expected to be on the table. (By Chen Hung-chin and Deborah Kuo) enditem/ly .

   

Yahoo shares up on report that Alibaba is preparing bid

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NEWS - China Social

Friday, 02 December 2011 13:25

 
Shares in Yahoo rose on reports that China's Alibaba Group was preparing a takeover bid with private equity firms Blackstone and Bain Capital.

Yahoo shares ended Thursday trading on the Nasdaq tech exchange 3.3% higher, having been 4.8% up at one point.

Unconfirmed reports said the consortium may pay up to $20 per share - well above Thursday's close of $16.23 - valuing Yahoo at $25bn (£16bn).

Alibaba, one of China's top internet firms, said it was weighing options.

"Alibaba Group has not made a decision to be part of a whole company bid for Yahoo," said John Spelich, spokesman of Alibaba Group.

Buying back stake?

Alibaba has had a long association with Yahoo, but relations have taken a turn for the worse in recent years.
The two companies came together after Yahoo bought a 43% stake in Alibaba in 2005 for $1bn.

However, things between the two have not worked out as planned, prompting Alibaba to try and buy back its stake.

The relations hit a turning point earlier this year after Alibaba spun off its online payment business, Alipay, effectively putting it out of the reach of Yahoo.

Yahoo accused the Chinese company of hiding the switch from it, saying the change had been made in August 2010, but it only found out about it in March this year.

Analysts said Alibaba's interest in bidding for Yahoo was being dictated in part by its efforts to get back full control of its own company.

"Alibaba definitely wants to get its stake back from Yahoo, so whatever can make that happen, they will try for it," said Dick Wei of JP Morgan in Hong Kong.

Contrasting fortunes

Yahoo has been struggling to keep hold of its market share amid growing competition from the likes of Google and Facebook.

Its failure to do so resulted in chief executive Carol Bartz being fired earlier this year, and the company launching a strategic review of its operations.

While Yahoo has seen its fortunes fall, Alibaba Group has been growing robustly, helped by a boom in the Chinese internet market.

With more than 500 million users, China is the world's biggest online market and it is is expanding at a rapid pace.

Alibaba has cashed in on the growth. The group's online shopping website Taobao is the largest in China and boasts 50 million unique visitors a day.

It has become the top destination for almost three-quarters of the country's online shoppers.

It hosts 30,000 online stores, and about 53,000 items are sold on the Taobao website every minute.
 

Business Tianjin OUT! June 2019 Edition

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NEWS - Tianjin Finance

Written by Helen Monday, 03 June 2019 12:49

BT 201906 340X458BT 201906 QR PDFChina’s economy looked to have had its growth slow sharply in April, before new US trade war tariffs took effect, with both industrial production and retail sales growth showing significant declines. The big picture is that China’s economy is losing the momentum it gained in the first quarter. China’s stimulus measures may be starting to wear off, and the central government had engaged in multiple rounds of rate cuts for banks, encouraging the flow of lending into the economy.
 

GEA is one of the largest technology suppliers for food processing and a wide range of other industries. Employing over 18000 employees worldwide, the global group specializes in machinery plants, as well as process technology and components.
 

We were given the opportunity to interview Mr Alexander Krausse, Vice President of Supply Chain & Production APAC of GEA, a company that provides sustainable solutions for sophisticated production processes in diverse end user markets and offers a comprehensive service portfolio.
 

Whether you are a marketer or just a regular web surfer, video is already part of your life and most likely you will just be having more of it in the future. When we read or hear about video marketing, but the truth is that video is everywhere. For many people around the world, it is not possible to let a day go by without watching a single video and you might start to wonder why is that.
 

The Dragon Boat Festival gives us some life’s lessons. When you are under pressure, you must learn how to focus your attention and stick to your goals. You need to paddle up and persevere! Enjoy Dragon Boat Festival on 7th of June of this year.
 

Michael Hart, who has spent more than 20 years in China in the commercial real estate industry and over a decade of that time in Tianjin, provides to us again an excellent article of how to interpret city rankings.
 

Our column Last Words is dedicated to people that decide to leave their country to start a new professional career in China. Dorothy shares with us her experience and feeling of this important moment of her life.
 

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

This e-mail address is being protected from spambots. You need JavaScript enabled to view it
 

GEA集团是全球领先的食品加工及众多工业领域技术供应商之一。作为国际技术集团,GEA集团专注于机械制造,生产运营,工艺技术及其设备组件。GEA集团致力于为不同最终用户市场的复杂生产过程提供可持续的解决方案,并提供全面的服务组合。本期"封面故事"栏目对GEA集团亚太区供应链与生产副总裁Alexander Krausse先生进行了专访, 深入了解他在这个行业里有哪些独到的经历与经验。
 

4月份,美国新一轮贸易战关税生效前最后一个月,中国经济出现增长极速放缓势头,工业生产和零售增长都大幅下滑。总体情况是,中国经济正在失去第一季度的增长势头,此时它正在陷入与美国不断加剧的贸易战。增长放缓也可能重新引发是否需要实施更多财政和货币刺激以支撑经济的争论。
 

当我们阅读或了解视频营销时,我们可能会考虑电视广告或那些巨大的在时代广场展示的视频,但事实上视频无处不在。人们甚至一天最少要观看一个视频,这是为什么呢?是因为图像胜过千言万语吗?还是人们越来越懒,不想读书?还是我们的大脑被媒体“浸泡”太多信息?原因是什么?请关注“市场”栏目。
 

Michael Hart在中国商业房地产行业工作了20多年,在天津工作了十多年,再次为我们提供了一篇如何解读城市排名的优秀文章。
 

端午节是为了纪念中国著名学者,爱国诗人屈原而举行的。屈原因为被诬陷而流放国外,他跳进汨罗江结束了自己的生命,楚国人民很爱戴他,人们自发乘船去救他,没有成功。于是人民每年都在汨罗江纪念他。这就是端午节的起源。粽子、雄黄酒、赛龙舟是端午节的三大特色,承袭至今。
 

更多精彩,请访问我们的网站www.businesstianjin.com或关注我们的微信公众号:business_tianjin。

BT 201906 QR PDFCONTENTS

06 BIZ BRIEFS

10 ECONOMY: Growth slows sharply

BT 201906 economy 0112 FEATURE STORY: Knowledge Sharing Apps

A child tries out an audio book at a Ximalaya booth during a book fair in Shenzhen14 COVER STORY: Engineering for a Better World

BT 201906 cover 0119 NUMBERS

20 FOCUS: The future of Medicine in China

BT 201906 focus 0122 TRAVEL: The views from Table Mountain. Cape Town in South Africa

BT 201906 travel24 IN DEPTH: World Electric Vehicles Leadership being played in China

BT 201906 in depth 0126 INSPIRATION: You can do anything if you put your mind to it Anything is possible

BT 201906 inspiration 0128 INVESTMENT: Huazhu Group Limited (former China Lodging Group)

BT 201906 investment 0130 E-BIZ: Optimize Mobile Marketing for Ecommerce Shops

BT 201906 e biz 0132 REAL ESTATE: How to Interpret City Rankings?

BT 201906 real 0135 BUSINESS NEWS

40 TAX & FINANCE: Regulations on Individual Income Tax (IIT) to improve the talent mobility

BT 201906 tax 0144 Legal Assistance: About the PRC Foreign Investment Law. Things Foreign Investors Should Know

BT 201906 LEGAL 0148 TECH: 3D Bioprinting

BT 201906 TECH 0150 MARKETING: Why Video Marketing is so Powerful

BT 201906 MARKETING 0152 HR: Biometric Time Tracking and Security in HR

BT 201906 hr 0154 CHAMBER REPORTS

56 LISTINGS

62 ART & LEISURE: What is the Origin of the Dragon Boat Festival?

BT 201906 art 0164 BOOK REVIEW: The Alibaba Way

BT 201906 book 0165 LAST WORDS: An interesting exit from a well-trampled roadBT 201906 last 01

   

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