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Events Calendar - AHK

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» Mr. Axel Knörl<br />

Bierhaus Shekou<br />

<strong>Events</strong> <strong>Calendar</strong><br />

www.china.ahk.de January 2011<br />

The German Chamber of Commerce welcomes the following new members...<br />

» Mr. Bai Kun<br />

Herrenknecht (Chengdu)<br />

Tunnelling Equipment Co. Ltd.<br />

» Dr. Martin Sonnek<br />

Shenzhen Ou Ya Nike<br />

Technologies Co. Ltd.<br />

» Mr. Frank Andris<br />

Xinxing County Black Forest Knives Ltd.<br />

Corporate Training Survey 2010—2011<br />

GCC <strong>Events</strong> in January 2011<br />

» Mr. George Zhu<br />

Dextrys Co. Ltd.<br />

» Mr. Christian Gassner<br />

Limoss (Shenzhen) Co. Ltd.<br />

» Ms. Liu Yali<br />

Tian Mu Electronics<br />

Shenzhen Co. Ltd.<br />

» Mr. Klaus Dieter Zimmermann<br />

Zimmermann-technik (HK) Ltd.<br />

» Mr. Roland Groeppler<br />

G&G Engineering Ltd.<br />

» Mr. Andreas Barthelt<br />

Mega Step Technology (SZ) Ltd.<br />

» Mr. Will Wu<br />

Weiss-Rohlig China Ltd.<br />

Continually advancing the skills and knowledge of employees and managers is essential in order to keep track in a<br />

competitive market such as China. Furthermore, trainings have become one incentive to recruit and retain staff. So<br />

how important are corporate trainings for German enterprises in South China?<br />

In order to provide you with a benchmark of the latest corporate training developments, we kindly ask you to participate<br />

in our survey. The results which need to be returned until 14 th January will be presented to all attendees<br />

at our HR Roundtables. For further information and the survey form please refer to<br />

http://www2.china.ahk.de/chamber/guangzhou/details.asp?ID=2770<br />

In the spirit of giving, GCC ·South & Southwest China refrained from sending out Christmas<br />

cards to its members in 2010 but instead decided to support a local South Chinese orphanage<br />

with the means available. The donation was handed over on 21 st GCC Christmas Donation<br />

December 2010 to the<br />

Qingyuan Social Welfare Institute near Guangzhou. GCC Board Members Ms. Renate Tietjen<br />

and Mr. Ruediger Kuemmerle visited the orphanage with more than 80 mostly disabled children<br />

together with Executive Director Ms. Alexandra Voss and the representatives of member<br />

company Drom Fragrances.<br />

» Ms. Christiane Doris Wasfy<br />

JW Marriott Chongqing, China<br />

13/01 THU Networking Zhuhai Danis’ Corner Zhuhai<br />

13/01 THU Stammtisch for Young Professionals & Students Moment Bed Bar Guangzhou<br />

16/01 SUN Kulturabend Bierhaus Shekou Shenzhen<br />

18/01 TUE General Manager Roundtable GCC Office Shenzhen<br />

18/01 TUE [HR Roundtable] Cross-Cultural Communication Regus Guangzhou<br />

19/01 WED [HR Roundtable] Cross-Cultural Communication GCC Office Shenzhen<br />

19/01 WED New Year’s Reception Bellavista Zhongshan<br />

20/01 THU Stammtisch Shenzhen Galleon Interconti Shenzhen<br />

25/01 TUE German Happy Hour Guangzhou UP2U Bar & Restaurant Guangzhou<br />

25/01 TUE Plastics Roundtable IPTA Shenzhen<br />

27/01 THU Guanxi—Connecting Shenzhen’s Young Professionals Xpats Bar Shenzhen<br />

GCC South & Southwest China | newsletter 01/2011 Page 1


1600<br />

1400<br />

1200<br />

1000<br />

800<br />

600<br />

400<br />

200<br />

0<br />

Economic Update<br />

December Headlines Economic Key Indicators<br />

» GDP Outlook 2011<br />

(22nd December)<br />

» Guangdong Strong in Competitiveness Ranking of<br />

Greater China Cities<br />

(21st December)<br />

» Hong Kong Firms to Invest in Qianhai Area<br />

(21st December)<br />

» Minimum Wage Raise in Guangdong<br />

(31st November)<br />

Details online:<br />

http://china.ahk.de/en/chamber/south-china/<br />

Monthly Diagram<br />

New Yuan Denominated Lending (Nov 2009 - Nov 2010)<br />

379.8<br />

294.8<br />

16.5<br />

28.8<br />

Nov<br />

2009<br />

Dec<br />

2009<br />

1390<br />

Jan<br />

2010<br />

266<br />

Legal Update<br />

700.1<br />

Feb<br />

2010<br />

Yearly Partners 2011<br />

‐49.6<br />

510.7<br />

Mar<br />

2010<br />

‐27.1<br />

774<br />

Apr<br />

2010<br />

51.6<br />

November 2010<br />

(% change, year on year)<br />

639.4 603.4<br />

May<br />

2010<br />

‐17.4<br />

Jun<br />

2010<br />

532.8 545.2 595.5 587.7 564<br />

‐5.6 ‐11.7<br />

Jul<br />

2010<br />

Aug<br />

2010<br />

New Lending (Bn Yuan) Monthly Growth (%)<br />

Guangdong<br />

Sources: China National Bureau of Statistics, Guangdong Provincial<br />

Bureau of Statistics, Ministry of Commerce PRC, Sichuan<br />

Statistics Information Network, Chongqing Statistics Information<br />

Network, Hong Kong Trade Development Council, Sichuan Ministry<br />

of Commerce, Chongqing Ministry of Commerce<br />

» State Council Approves 2011 Customs Tariff Implementation Plan (15th December)<br />

» State Council Revising Industrial Injury Insurance Regulations (9th December)<br />

2.3 9.2 ‐1.3 4<br />

» Customs Announces its Decision on Commodity Classification Based on WCO Requirements (6th December)<br />

Sep<br />

2010<br />

Sichuan Chong<br />

qing<br />

Oct<br />

2010<br />

» Supreme Court Requires Imposing Heavier Punishments on Criminal IPR Offenders (3rd December)<br />

» Foreign Enterprise's Representative Office Registration Regulations Announced (26th November)<br />

Nov<br />

2010<br />

China<br />

Utilised Foreign Direct<br />

Investment +2.6 +51.7 +47.6 +15.7<br />

Total Fixed Asset<br />

Investment +22.5 +13.9 +31.4 +24.9<br />

Export Value<br />

+27.3 +48.1 +63.9 +33.0<br />

Import Value +33.8 +41.1 +41.2 +40.3<br />

Consumer Price Index +3.0 +3.0 +3.1 +3.2<br />

Producer Price Index +1.4 +4.8 +3.1 +5.5<br />

Industrial Output +16.5 +23.7 +23.8 +15.8<br />

Gross Domestic Product<br />

(Q3)<br />

+11.6 +15.2 +17.1 +10.6<br />

GCC South & Southwest China | newsletter 01/2011 Page 2<br />

300<br />

250<br />

200<br />

150<br />

100<br />

50<br />

0<br />

‐50<br />

Sources: China Daily, People's Bank of China


Economic Outlook 2011<br />

www.china.ahk.de January 2011<br />

After achieving strong economic growth in 2010, the government’s policies are attempting to prevent an overheating<br />

economy. Inflation and the widening income gap appear to be key issues in 2011. The end of 2010 already saw interest<br />

rate adjustments and limits to bank loans. Changes to social insurances such as health care or housing allowances have<br />

also been announced or are in planning. Pressure on the RMB revaluation as well as the government’s aim for greater<br />

internationalization will also have an impact on business activities in China.<br />

It is expected that consumption growth will remain strong<br />

and make a greater contribution to GDP growth as exports<br />

are anticipated to slow down. This development will be in<br />

line with the government’s aims to reduce China’s large<br />

trade surpluses with most major economies. After achieving<br />

again double digit growth of around 10% in 2010, most<br />

expect the GDP growth to slow by about 1% in 2011.<br />

Currently the government needs to deal with major challenges<br />

which have emerged with its rapidly growing economy.<br />

Measures to control inflation and investments have<br />

been introduced and much of the upcoming macroeconomic<br />

policies will depend on how successful the already<br />

implemented measures are.<br />

Read the full outlook on http://china.ahk.de/Home/Chamber/South China/Economic Update<br />

Sichuan / Chongqing Highlights<br />

Key Projects Fostering Chongqing’s Lead in Developing Western China<br />

Save the Date<br />

<strong>Events</strong> in West China<br />

Key macroeconomic developments:<br />

Inflation target: 4% (+1%)<br />

GDP growth: around 9% (-1%)<br />

Key policies:<br />

- Reduction of income disparities<br />

- Continuous efforts to reduce the rural-urban gap<br />

- Measures to upgrade industrial composition focusing<br />

on key industries (renewable energy, biotechnology,<br />

IT, high-end electronic equipment and advanced<br />

materials)<br />

- Reduction of trade imbalances<br />

- Boost local consumption<br />

- Internationalization and appreciation of RMB<br />

GCC South & Southwest China invited to “Meet the Chongqing Economic and Informalization<br />

Commission” - a unique chance to receive some first-hand information<br />

on development projects in Western China. A small group of participants did<br />

not hesitate and attended the event on 1 st December to discuss some key projects<br />

which foster Chongqing’s lead in developing Western China.<br />

Mr. Hu Jianbo of the Economic and Informalization Commission outlined<br />

Chongqing’s key projects in infrastructure, finance and logistics. According to<br />

him for example, the new direct railroad connection from Chongqing to Shenzhen’s Yantian Port is two days faster<br />

than the shipping route on the Yangtze to Shanghai.<br />

14/01 Meet the Government—Welcome 2011 Event Chengdu<br />

19/01 Meet the Government—Welcome 2011 Event Chongqing<br />

24/02 GCC · South & Southwest China Office Opening Chengdu<br />

Trainings in January 2011<br />

14/01 Hiring for Success—Behavioral Interviewing Techniques<br />

07-08/01 &<br />

14-15/01<br />

Member for Member - Technical Training: Production Line<br />

Optimization and Management<br />

Members 1,800 RMB<br />

Non-Members 2,000 RMB<br />

Members 1,800 RMB<br />

Non-Members 4,000 RMB<br />

GCC Guangzhou<br />

Shenzhen<br />

Hanyong Hotel<br />

GCC South & Southwest China | newsletter 01/2011 Page 3

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