2017 is finally here and in January we would like to wish our readers best wishes.
Chinese Economy has maintained a significantly consistent forecast with GDP continuing to hover around 6.7 percent. Experts see the continuation of rising debt, lower industrial output, continued loss of private investment and overleveraging of state owned enterprises (SOEs).
Many Chinese companies that had invested domestically have been taking their money out of the Chinese market for almost a year, and these figures continued in the past month as capital flight remained an issue.
Surely you must have heard of Polo but have you heard of it in context of these contemporary times? Our Cover Story features an interview with Domenico Palumbo, General Manager of Tianjin Goldin Metropolitan Polo Club, wherein he talks about the meaning of exclusivity of this sport and its ability to forge friendships with cultures and nations. Readers can discover his talent towards managing a hotel for Chinese Elite.
The most remarkable annual event of Tianjin Goldin Metropolitan Polo Club is the Snow Polo World Cup 2017, the world's largest snow polo tournament that is going to be held for the sixth consecutive year, between 17th and 22nd of January 2017. It is a pity that it is by invitation only, but you can send us an email and we will manage to get an entrance ticket.
Our Feature Story summarizes our conversation with many of the most important business leaders of Tianjin in 2016, a city that has witnessed a boom in the hospitality industry and real estate development that has changed the shape of the city's skyline. We extend our thanks to all of them for talking with us willingly and offering their strong support.
In this first edition of 2017 book-worms can immerse themselves in the latest release 'Lotus' authored by Lijia Zhang and tech geeks can solve their dilemma as to whether smartwatches will actually replace smartphones.
You can keep abreast of the latest trends in human resources that are expected to emerge in 2017 so that you are better prepared to deal with your employees, workplace atmosphere and so on. Also read our financial pages to gauge your personal standing where taxes are concerned and about expiration of land use rights under real estate section.
Finally, don´t miss our biz brief for keeping yourself informed about all recent business news and an article about the artistic aspect of Chinese New Year.
We round up this issue of Business Tianjin by wishing you all the luck and Happy New Year!
Don't forget to visit our website www.businesstianjin.com and follow us in our official Wechat account (ID: business_tianjin) for more information.
Best Wishes, Mary Smith
Managing Editor | Business Tianjin Magazine
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CONTENTS
05 BIZ BRIEFS 09 NUMBERS 10 ECONOMY: Monthly Economic Update 12 FEATURE STORY: Lessons of 2016 from Tianjin's Top Business Leaders 16 COVER STORY: Leading the charge for The Sport of Kings and Hospitality for the Elite 22 DIALOGUE: Talking with Leo Liu about Operations Optimization 26 INVESTMENT: High Risk and High Reward, 3 ETFs to Cash in on China's Next Growth Boom 28 INVESTMENT NEWS 29 REAL ESTATE: Expiring land use rights, What can we expect? 32 IPR: Geographic Indications in China, Champagne or Sparkling Wine? 34 MARKETING: Is CSR becoming increasingly important in marketing? 36 LEGAL ASSISTANCE: The New Era on Administration of Foreign-Invested Enterprises (Part II) 38 HR: Emerging HR trends of 2017 40 TAX & FINANCE: SAT and SAFE refine the interim and post administration mechanism by establishing information sharing system 42 TECH: Revolution of the smartwatches: An unsuccessful attempt or a smartphone 'killer'? 44 MANAGEMENT: Entrepreneurship accelerator program and its advantages for Chinese startups 48 PAST EVENTS 49 CHAMBER REPORTS 52 LISTINGS 57 TRANSPORTATION 58 ART & LEISURE 60 BOOK REVIEW 61 LAST WORD 62 BIZ FUN
2017 is finally here and in January we would like to wish our readers best wishes.
22 DIALOGUE: Talking with Leo Liu about Operations Optimization
26 INVESTMENT: High Risk and High Reward, 3 ETFs to Cash in on China's Next Growth Boom
28 INVESTMENT NEWS
32 IPR: Geographic Indications in China, Champagne or Sparkling Wine?
34 MARKETING: Is CSR becoming increasingly important in marketing?
36 LEGAL ASSISTANCE: The New Era on Administration of Foreign-Invested Enterprises (Part II)
38 HR: Emerging HR trends of 2017
40 TAX & FINANCE: SAT and SAFE refine the interim and post administration mechanism by establishing information sharing system
42 TECH: Revolution of the smartwatches: An unsuccessful attempt or a smartphone 'killer'?
44 MANAGEMENT: Entrepreneurship accelerator program and its advantages for Chinese startups 
48 PAST EVENTS 
60 BOOK REVIEW
61 LAST WORD
62 BIZ FUN
