We interact in this issue with a person who has enormous experience in China’s transformation into a great nation. From his time as the World Bank’s Country Director for China from 1997 to 2004, and for Russia and other Former Soviet Union Republics of Central Asia from 1992 to 1997, Yukon Huang is a genuine expert on developing economies and issues in their transition to more advanced technologies. He is now a senior fellow at the Carnegie Endowment for International Peace.
The rapid development of China’s finance sectors can be traced back to a few decades ago, when a series of significant reforms began in 1978 and strengthened the position of commercial banks in the country. In our feature story, we try to predict the future of one of the fastest growing finance sectors in the world.
A recent survey has shown that more than 25% of employees in a working place are lazy. Our HR column discusses this topic in context of many organizations, but it is a reality that HR departments should face and take measures to solve. Knowing the reasons is the first step.
Our tech column shows how architects from all over the world are developing new ways for faster building of big constructions, even entire houses and buildings. A major breakthrough in this area was made by Chinese architects who introduced the first 3D printer to construct ten houses in one day. They used a 3D printer that prints in color and employs more than one material.
Most people have never heard about Chris Gardner. However, you probably watched his life story on the screen, The Pursuit of Happyness. Learn in our ‘In Depth’ section about his life experience and how failures should be celebrated as forms of potential success. Never give up and live life by following your dreams without hesitation and do not feel afraid to fail along the way.
Release of a tax deferral treatment policy by the Chinese government will significantly impact business development and strategic layout of multinational companies that are planning to expand their investment in China. It also demonstrates the commitment of the Chinese government to further encourage foreign investors to continue expanding their investment in China by improving competitiveness in attracting foreign capital. It is an end-of-year gift that many foreign investors are celebrating.
Also read our marketing section to understand better the importance of customer loyalty and customer satisfaction. On the other hand, get some ideas for a modern apartment, loft or studios in the architecture column.
Visit our website www.businesstianjin.com and follow us in our official Wechat account (ID: business_tianjin) for a complete list of articles and information.
Best Wishes and Happy Chinese New Year.
Mary Smith
Managing Editor | Business Tianjin Magazine
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