G U A N G Z H O U F L A S H - AHK
G U A N G Z H O U F L A S H - AHK
G U A N G Z H O U F L A S H - AHK
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G U A N G Z H O U F L A S H<br />
Property and real state markets<br />
continue to show strong growth<br />
in the Pearl River Delta<br />
Although the Chinese government<br />
has been trying to cool the<br />
development of the property and<br />
real estate sector for more than<br />
half a year, the prices in the<br />
sector keep rising. The Central<br />
bank has raised an eyebrow over<br />
the trend and urged banks to<br />
adopt measures that curb growth<br />
rate. Nonetheless, domestic as<br />
well as foreign investments in<br />
real estate continue to rise at a<br />
high pace. According to the<br />
Xinhua News Agency, the prices<br />
for new housing increased in<br />
comparison to last year at a rate<br />
of 10% for cities like Beijing,<br />
Changsha, Fuzhou and<br />
Shenzhen. Real estate firm Jones<br />
Lang LaSalle also reports that the<br />
boom is attracting foreign capital<br />
in the high-end real estate which<br />
account for 60% percent of the<br />
total volume in that range.<br />
According to Savills Property<br />
Services Guangzhou, our city also<br />
follows the trend. In a recent<br />
presentation, the property<br />
agency indicated that the three<br />
main commercial areas in<br />
Guangzhou (GZ) - Huan Shi Dong,<br />
Tian He Bei and Pearl River New<br />
City - the average rents for Grade<br />
‘A’ office stocks slightly rose to<br />
RMB 128/m2 while the vacancy<br />
rate continually decreased to<br />
8.09%. Savills expects the<br />
occupancy rate to remain on a<br />
high level due to the<br />
improvements in GZ’s economy<br />
and the increase in Foreign Direct<br />
Investment. As of the last<br />
quarter, the total amount of<br />
available Grade ‘A’ office was<br />
0.67 million sq.m.. This kept<br />
rental high and occupancy rates<br />
of more than 90%. However, the<br />
agency predicts that the shortage<br />
of Grade ‘A’ space will be slowly<br />
phased out by the opening of<br />
several new buildings within this<br />
year. This will not necessarily<br />
rein-in growth but more likely<br />
stabilize rental rates in mature<br />
areas and “soften” them in new<br />
ones. All in all, expect rental<br />
value to still grow in GZ. □<br />
erman Chamber of Commerce in China – GZ – Newsletter – Oct/Nov/Dec 2006 / Issue no. 10<br />
Big Turnout for 2007 GCC AGM and Board Elections<br />
The Annual General Meeting (AGM) took<br />
place in Guangzhou’s Garden Hotel at<br />
19h00 on April 3rd. The event invited<br />
chamber members to a dinner where the<br />
GCC’s executive director, Alexandra<br />
Voss, offered an update on how the<br />
Chamber is evolving. In complement, the<br />
AGM also included a presentation held by<br />
Dr. Roland Rhode from the<br />
Bundesagentur für Außenwirtschaft (bfai).<br />
It described the findings of his recent<br />
2007 Pearl River Study on economic<br />
developments. Lastly, the event culminated<br />
with the elections of a new Board.<br />
Running for election were Renate Tietjen<br />
(C. Melchers GmbH & Co.), Joerg Ruhland<br />
The GCC’s All China Board Meeting took<br />
place on April 12 th and 13 th at the<br />
Kempinski Hotel in Shenzhen. Present at<br />
the meeting were: Dr. Richard Hausmann,<br />
Siemens Ltd. China, Jutta Ludwig, GCC<br />
Beijing, Alfred Wewers, Thyssen Krupp<br />
China, William Valentino, Bayer China<br />
Ltd., Alexandra Voss, GCC Guangzhou,<br />
Renate Tietjen, C. Melchers GmbH & Co.<br />
KG, Mr. Laurent Rung, FAW-VW Audi<br />
South China Division, Mr. Keith Poon,<br />
Siemens Ltd. China Guangzhou Branch,<br />
G.S. Ritter, ThyssenKrupp Hong Kong<br />
Office, Mr. Ekkehard Goetting, GCC Hong<br />
Kong, , Dr. Zhijian Fan, Siemens Mobile<br />
Communications Ltd. and Mr. Manfred<br />
Rothgaenger, GCC Shanghai.<br />
Guangzhou Headlines:<br />
� The Customs and Immigration bureaus<br />
in Baiyun Airport will offer over 30<br />
innovative services that will include 24hour<br />
passenger clearance service, Credible<br />
Enterprises system, simplified<br />
customs procedures, and application of<br />
the "multi-point declaration" policy in<br />
the country's main trading areas.<br />
(Euru Steel & Style Co., Ltd.), Laurent<br />
Rung (FAW-VW Audi South China<br />
Division), Christian Doeringer (Hewitt<br />
Associates Consulting (Shanghai) Co.<br />
Guangzhou Branch), Keith Poon (Siemens<br />
Ltd., China Guangzhou Branch) and<br />
Frank Jaeger (The Cable Assembler Ltd.).<br />
Laurent Rung and Renate Tietjen were<br />
elected that evening while Keith Poon was<br />
elected on the second round after getting<br />
the same number of votes as Frank<br />
Jaeger in the first round. Laurent Rung<br />
was voted chairman, and Alexandra Voss<br />
holds the remaining seat on the board by<br />
being the chamber’s executive<br />
director.□<br />
Shenzhen 2007 All China Board Meeting hailed a success<br />
The discussion covered “Deutschlandtag<br />
2007”, which successfully took place this<br />
year in Stuttgart; the progress of the<br />
Chamber’s joint publications - GC Ticker<br />
and the GCC Handbook 2008; the 3 year<br />
“Deutschland in China” initiative,<br />
Germany’s mandate during this year’s EU<br />
presidency, the cooperation with the<br />
Hong Kong GCC and GCC Guangzhou’s<br />
new responsibilities in Sichuan. After the<br />
meeting, the board met German<br />
companies from Shenzhen in an informal<br />
cocktail. The next day, the board was<br />
invited to visit the facilities of ZTE,<br />
China’s largest public owned<br />
telecommunications corporation and to a<br />
meeting with the Mayor of Shenzhen.<br />
� Stricter “green” rules will be imposed in<br />
Guangdong setting mountainous and<br />
rural areas off limits and aiming to<br />
"accelerate" the desulphurization work<br />
in power plants, as well as improve the<br />
online monitoring systems. The project<br />
adds further hurdles for polluting<br />
industries in the area.<br />
January / February / March 2007 – G UANGZHOU FLASH PAGE 1
CHAMBER EVENTS<br />
“German Networking Drinks GZ”<br />
Members and friends of the German<br />
Chamber gathered in the Ten Café<br />
on February 5 th . German Networking<br />
Drinks events are held every 2<br />
months throughout the PRD and invite<br />
members and friends of the<br />
German business community to discover<br />
new places in good company.<br />
Industrial Insurance Seminar<br />
On February 1 st , Damien Ferte from<br />
the Abacare Group Corporate Insurance<br />
and Mr. Bruce Wang, Allianz<br />
Insurance Company Guangzhou<br />
Branch offered a presentation on<br />
property and casualty insurance and<br />
claims in Allianz Insurance Company<br />
Guangzhou Branch’s office.<br />
Individual Income Tax<br />
The GCC organized 2 presentations<br />
covering IIT in Guangzhou and<br />
Shenzhen on February 6 th and 13 th .<br />
The first seminar took place at the<br />
Pricewaterhouse Coopers office in<br />
Guangzhou. Presented by Claus<br />
Schuermann it was entitled<br />
“Individual Income Tax Self Reporting<br />
Requirement”, the interactive<br />
presentation attracted over 25<br />
members. The second discussion was<br />
hosted by Olaf Griese, from Dezan<br />
Shira & Associates. Entitled “New<br />
Requirements on Individual Income<br />
Tax”, it provided an in-depth study of<br />
the issue with illustrated cases.<br />
GCC–GZ HR– BUSINESS ROUNDTABLE:<br />
“Effective Interviewing & Assessment<br />
Skills for PRC Employees”<br />
On March 28 th Ms. Vicky Wong<br />
chaired a discussion on effective<br />
interviewing techniques and candidate<br />
assessment skills in Hewitt Associates<br />
Guangzhou’s meeting room. Over 15<br />
participants joined the dialogue,<br />
marking thus the revival of the GCC<br />
Business Rountable Series. These<br />
gatherings offer members a frank<br />
and open forum where to discuss the<br />
challenges that face companies<br />
working in Southern China and to<br />
analyze how to translate them into<br />
everyday practices.<br />
Corporate Social Responsibility<br />
The German Consulate in Canton and<br />
the GCC set up two CSR<br />
presentations reporting on Bremen<br />
University of Applied Science’s<br />
ongoing survey of German SMEs<br />
Corporate Governance. On March 13,<br />
Prof. Dr. Schaedler presented in the<br />
Consul General’s residence in<br />
Guangzhou how locus of decision<br />
making, means of controlling and<br />
CSR measures affect company<br />
performance. The next day, in the<br />
Kempinski Hotel – Shenzhen, her<br />
colleagues Dr. Renate Krieg and<br />
Tatjana Erlewein presented how<br />
abiding to high CSR standards can<br />
strenghthen enterprise competitiveness.<br />
bfai’s Survey on the PRD Economy<br />
Dr. Roland Rhode from the<br />
Bundesagentur für Außenwirtschaft<br />
(bfai) presented in Guangzhou and<br />
MEMBER EVENTS<br />
Adidas (Blue) and Audi (Red) organized a friendly football match on Thursday<br />
March 22 nd in Tianhe. This Team building event brought together two German<br />
companies that are partners of the Beijing 2008 Olympics.<br />
NOTE: We invite members to send us pictures of their events<br />
Shenzhen the findings of his recent<br />
2007 PRD Study – a joint bfai<br />
and GCC Guangzhou / GIC Hong<br />
Kong publication. The presentations<br />
took place on April 3 rd during<br />
the AGM of the GCC in Guangzhou’s<br />
Garden Hotel and on April 12 th during<br />
the “Meet the All China Board” mixer<br />
in Shenzhen. The study is available<br />
for purchase in our office (Rmb 190).<br />
Corporate Income Tax Reform<br />
The new Chinese Corporate Income<br />
Tax Law which was approved by the<br />
National People’s Congress on March<br />
16, 2007 will become effective on<br />
January 1, 2008. On April 4 th and<br />
April 11 th , the GCC held presentations<br />
on these topics in both GZ and SZ.<br />
Presenter Claus Schuermann explainned<br />
in PricewaterhouseCoopers Shenzhen<br />
‘s Office how the new law could<br />
influence foreign investments, what<br />
chances and risks result through it<br />
and how to prepare for the changes.<br />
In Guangzhou, Mr. Rio Chan held a<br />
presentation in the Ernest & Young<br />
Office covering not only new<br />
developments in tax policies but also<br />
non-tax developments, issues that<br />
may have significant impact on<br />
foreign investors who have<br />
operations in China and about the<br />
possible precautionary actions.<br />
January / February / March 2007 – G UANGZHOU FLASH PAGE 2
SPECIAL EVENTS PHOTOS<br />
GCC- GZ Annual General Meeting<br />
Dr. Rohde’s Presentation<br />
Election results<br />
Mr. Jaeger & Ms. Poon<br />
Consul Bruns Ms.Voss Mr. Voeste<br />
Upcoming Events<br />
May<br />
23 Stammtisch - (Zhongshan )<br />
30 HR BRT – (Guangzhou)<br />
TBA VAT Seminar - (Guangzhou)<br />
TBA Logistics Seminar (Dongguan)<br />
June<br />
Shenzhen 2007 All China Board Meeting<br />
Ms. Voss, Ms. Ludwig & Dr. Hausmann The All China Board<br />
Meet the Board networking Cocktail ZTE factory visit<br />
Dr. Hausmann & Mayor Xu Official picture<br />
We would like to thank the following partners for their generous contribution:<br />
20 Stammtisch - (Zhongshan )<br />
30 HR BRT – (Guangzhou)<br />
TBA Summer BBQ– (Shenzhen)<br />
TBA IT Security Seminar- (Guangzhou)<br />
July<br />
18 Stammtisch - (Zhongshan)<br />
25 HR BRT – (Guangzhou)<br />
TBA Summer BBQ– (Shenzhen)<br />
January / February / March 2007 – G UANGZHOU FLASH PAGE 3
NEW CHAMBER MEMBERS<br />
ARBURG Machine + Trading<br />
(Shenzhen) Co., Ltd.<br />
Mr. Max Man<br />
Managing Director<br />
1D, 1st Floor, Block F3.8, Tianan<br />
Cyber Park, Futian<br />
Shenzhen, 518040 China<br />
Tel: +86 755 8343 3750<br />
Fax: +86 755 8343 3748<br />
Email: shenzhen@arburg.com<br />
BDT Automation Technology<br />
(Zhuhai FTZ) Co., Ltd.<br />
Mr. Alan Wu<br />
General Manager<br />
No.51,Zhuhai Free Trade Zone<br />
Zhuhai China<br />
Tel: +86 756 6119 939<br />
Fax: +86 756 6119 389<br />
Email: alan.wu@bdt-cn.com<br />
Betz Technologies GmbH<br />
Mr. Ludwig Betz<br />
Am Obereichholz 4<br />
97828 Marktheidenfeld<br />
Germany<br />
Tel: +49 9391 9826 0<br />
Fax: +49 9391 9826 51<br />
Email: leb@betz-technologies.de<br />
Dongguan Heitkamp &<br />
Thumann Metal Products Ltd.<br />
Mr. Reinhard Scholle<br />
Honglu High & New Technology<br />
Development Zone, Nancheng<br />
Dongguan China<br />
Tel: +86-769-8899 5599<br />
Fax: +86-769-2240 8286<br />
Email: eileen.yang@ht-group.com<br />
Website:<br />
www.ht-group.com<br />
Book Recommendation: „China Pioniere“<br />
Ernst & Young Hua Ming Certified<br />
Public Accountants<br />
Mr. Rio Chan<br />
36/F, Tower B, 161 Linhe Road West,<br />
Tianhe District<br />
Guangzhou 510620 China<br />
Tel: +86-20-2881 2861<br />
Fax: +86-20-2881 7338<br />
Email: rio.chan@cn.ey.com<br />
Website: www.ey.com<br />
First Alliance Business Consultancy<br />
Ltd.<br />
Mr. Anders Henriksson<br />
Suite 3901, 39/F, Windsor House,<br />
New York Life Tower, 311 Gloucester<br />
Rd, Causeway Bay, Hong Kong<br />
Tel: +852 3589 5504<br />
Fax: +852 3188 5519<br />
Email:<br />
ahenrikson@firstalliancehk.com<br />
Website: www.firstalliancehk.com<br />
Intertek<br />
Mr. Klaus-Juergen Hermann<br />
Block E, 11 Guangdong Software<br />
Science Park, Caipin Road,<br />
Guangzhou Science City<br />
GETDD Guangzhou 510663 China<br />
Tel: +86-20-8213 9688<br />
Fax: +86-20-3205 7538<br />
Email: klaus.herrmann@intertek.com<br />
Website:<br />
www.intertek-etlsemko.com<br />
Kempinski Hotel Shenzhen<br />
Mr. Nick Eeles<br />
General Manager<br />
Hai De San Dao, Hou Hai Bin Rd.,<br />
Nanshan District<br />
Shenzhen China<br />
Tel: +86 755 8888 8888 Ext. 8809<br />
Fax: +86 755 8612 3999<br />
Email: gm.shenzhen@kempinski.com<br />
Nefab packging Engineer<br />
(Shenzhen) Co., Ltd.<br />
Mr. Andreas Berglund<br />
Billicon Valley Tower, Longhua Town,<br />
Bao’an<br />
Shenzhen 518109 China<br />
Tel: +86 755 2982 4166<br />
Fax: +86 755 2812 3163<br />
Email:<br />
andreas.berglund@nefab.com<br />
PricewaterhouseCoopers Center<br />
Mr. Claus Schuermann<br />
Director, European Desk – China Tax<br />
Services<br />
25F Center Plaza, No.16 Lin He Xi<br />
Road<br />
Guangzhou 510600 China<br />
Tel: +86 20 3819 2148<br />
Fax: +86 20 3819 2000<br />
Email:<br />
charles.leung@hk.pwc.com<br />
Shangri-La Hotel, Guangzhou<br />
Mr. Jorgen Christensen<br />
No. 1 Huizhan Dong Road, Haizhu<br />
District<br />
Guangzhou China<br />
Tel: +86 20 8917 8888<br />
Fax: +86 20 8917 6388<br />
Email: slpg@shangri-la.com<br />
The Ritz-Carlton, Guangzhou<br />
Mr. Francois J. Cnockaert<br />
General Manager<br />
Rm. 1308-1311, R&F Yinglong Plaza,<br />
No. 76 Huangpu Dadao West<br />
Guangzhou 515000 China<br />
Tel: +86 20 3839 1111<br />
Fax: +86 20 3839 1199<br />
Email:<br />
francois.cnockaert@ritzcarlton.com<br />
Gibt es eine optimale Strategie für den chinesischen Markt? Wie geht man auf chinesische Partner<br />
und Kunden ein? Was tun gegen Plagiate und Produktpiraten? Und wie reagieren die Mitarbeiter am<br />
Heimatstandort auf ein Engagement in Fernost?<br />
In diesem Buch sagen Ihnen erfahrene Chinamanager, welche Antworten sie auf diese und andere<br />
Herausforderungen gefunden haben. Die Manager erzählen, wie die deutsch-chinesischen<br />
Wirtschaftsbeziehungen durch geschicktes Agieren auf wirtschaftlicher, kultureller und sozialer<br />
Ebene zu beiderseitigem Vorteil funktionieren können. www.chinapioniere.de/das-buch<br />
January / February / March 2007 – G UANGZHOU FLASH PAGE 4<br />
.
BENEFITS PROGRAM<br />
We would like to introduce our “German Chamber of Commerce in China Benefit Program 2007” with a wide choice of new<br />
benefit partners – bars, restaurants, sports clubs and other establishments that can offer you special discounts on<br />
products and services.<br />
Members who have paid their 2007 membership will receive a “Membership Card 2007” which entitles them to a variety of<br />
advantages in different outlets in Guangzhou , Beijing and Shanghai. Please refer to the benefits program in the GC Ticker<br />
magazine or visit the benefits program section of the German Chamber of Commerce in China website.<br />
SOUTH CHINA PARTNERS:<br />
Dezan & Shira<br />
Associates<br />
China Hotel –<br />
A Marriott Hotel<br />
Hewitt Associates<br />
New Concept Mandarin<br />
The Garden Hotel<br />
The Westin Guangzhou<br />
Discounts on Regional Business<br />
Guides and Technical Guides<br />
Rooms: RMB730 net package<br />
includes:<br />
Free upgrade to Business Room<br />
with Marriott Revive bedding<br />
One buffet breakfast<br />
Complimentary access to Health<br />
Center<br />
Discounts on 2007 Compensation<br />
and Benefits Reports for All German<br />
Chamber Members<br />
10% discount on beginner courses<br />
Room rate discounts<br />
Others 35% discount<br />
20% discount on food and beverage<br />
except Banqueting and Furusato<br />
restaurants<br />
(10%) off on our Best Available Rate<br />
at the time of booking is offered<br />
to all members.<br />
www.dezshira.com<br />
www.marriott.com<br />
www.hewittasia.com<br />
www.newconceptmandarin.com<br />
www.thegardenhotel.com.cn<br />
www.westin.com/guangzhou<br />
We are also happy to announce the following additional advantages to members:<br />
“Member’s Ticker” in the GCC webpage to display new members and their web-link<br />
Online access to the German Company Directory (3000 entries China wide)<br />
Please do not hesitate to contact us for more information on our benefits program<br />
January / February / March 2007 – G UANGZHOU FLASH PAGE 5
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