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Business Tianjin OUT! August 2019 Edition
Published on: 2019-08-01
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BT 201908 cover 340X458BT 201908 QR PDFLast month we have visited one of the most emblematic hotels in the planet earth. China World Hotel, Beijing has hosted some of the most important dignitaries and business leaders in the world. The hotel is also known as the ‘second state guest house’ for visiting state leaders, and since its opening in 1990, it is the preferred venue for many flagship conferences and international business events. Recently they have just officially unveiled the new and upgraded Horizon Club rooms and suites, and we have the privilege to talk with Stephan Kapek, who has been appointed Area Manager of Shangri-La Group and General Manager of China World Hotel, Beijing, and his main focus is to Develop Leadership in Hospitality.

Main economic growth numbers released on June are at historically low levels, yet, many other indicators appear to be healthy. The country reported the weakest economic growth in 27 years (since 1992). The Chinese government still has much room to manoeuvre and remain on track to achieve its ambitious growth goals. However, the global economic environment appears to be challenging, which can make the government’s task harder. Asian economies are usually the first to take a hit when tensions happen, as they are densely connected with the Chinese economy. Analysts expect that the economy will weaken further in the second half. A major factor behind this is the weakening international demand. Despite this, many economists still expect an annual growth rate of over 6 percentage points. The government is expected to increase its intervention.

Lately, when I meet people that I know from long time ago, I get the weird feeling that we don’t need to say anything to know our thoughts. It is common to us, the situation that we are passing, but at the same time, it is different. No new words to say, but we know that it is coming the time of uncertainty that normally comes after few years, and especially when western countries are closer to a crisis, that I guess will happen again soon.

I know many factories are closed or in the process of closing. People are not optimistic, but they don’t feel afraid, as they are used to change and find their way. They feel protected in some way from the measures that the government is taking or will take in the near future.

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Mary Smith

Managing Editor | Business Tianjin Magazine

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10 ECONOMY: Historically low growth levels but some sectors are doing well

BT 201908 ECONOMY 0112 FEATURE STORY: Innovative tech ecosystem is providing a thriving base for startups

BT 201908 FEATURE 0114 COVER STORY: Developing leadership in hospitality

TP 201908 COVER 0120 FOCUS: Top trends shaping the future of Chinese e-commerce market

BT 201908 FOCUS 0122 INSPIRATION: The world looks different from the ground

BT 201908 INSPIRATION 0125 New Appointment

26 TRAVEL: Belize - A Dream Tour Destination

BT 201908 TRAVEL 0128 IN DEPTH: Ahead in 5G Technology

BT 201908 IN DEPTH 0130 INVESTMENT: Huya - Profit in the second quarter of 2019

BT 201908 INVESTMENT 0134 REAL ESTATE: Activating Public Space

BT 201908 REAL 0136 TAX & FINANCE: The Reform to Facilitates the De-registration of Enterprises

BT 201908 finance 0140 LEGAL ASSISTANCE: Highlights of the Revised Negative Lists for Foreign Investment Access

BT 201908 legal 0142 E-BIZ: The future of Logistic- eLogistic

BT 201908 e biz 0146 BUSINESS NEWS

52 TECH: Humanity's 3 Best Odds Against An Extinction-Level Asteroid Collision

BT 201908 tech 0154 MARKETING: Why you should Prioritize Creating Relationships over Client Lists

BT 201908 marketing 0156 HR: People, Not Products, are the New commodities

BT 201908 hr 0158 CHAMBER REPORTS




72 ART & LEISURE: QIXI Festival Chinese Valentine's Day

BT 201908 art 0174 BOOK REVIEW: Operation Yao Ming

BT 201908 book 0163 LAST WORDS: Horizon and Great WallsBT 201908 last 01

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