Part 3 - AHK Greater China
Transcription
Part 3 - AHK Greater China
CHAMBER NEWS CHAMBER NOTICES ALL CHINA Happy Birthday German Chamber! China and Germany are not the only ones advancing in years. The 10th anniversary of the German Chamber of Commerce in China is nearing, after it was founded on the 5th of November 1999, on the occasion of German Chancellor Schröder’s visit to China. The growth of our membership base and network across China has been impressive thanks to our member’s strong support and the obvious need for a contact point and enabler of Sino-German business activities. The German Chamber of Commerce in China with its three main offices in Beijing, Guangzhou and Shanghai and satellite offices in Shenzhen and Tianjin now counts around 2,000 member companies. It has thus become one of the largest and most active German Chambers worldwide. We look forward to celebrating with you and continuing to grow while serving you and your businesses in China for many decades to come! BEIJING SOUTH CHINA New Editor for Beijing Ms. Jennifer N. Smith has joined our Communications team and will be in charge of the editorial processes at the local GC Ticker newsroom in Beijing. Prior to Beijing, she lived in Dalian in Liaoning Province for over a year followed by four years in Dongguan in Guangdong Province. As deputy editor for a monthly English language magazine, she covered all aspects of life in a transitioning former factory city for an international readership. With her combined graphic design and journalism background and profound interest in Chinese culture, she continuously strives to provide a quality publication – in content and layout – to discerning readers in the Middle Kingdom. Do not hesitate to contact Ms. Smith directly for enquiries pertaining to content contribution, updates on your company’s internal or joint events and advertising opportunities with the GC Ticker. ' 010 6539-6663 | * [email protected] SHANGHAI New Social Events & Marketing Manager in Shanghai The German Chamber of Commerce • Shanghai welcomes Mr. Sebastian Zettelmeier as its new Social Events & Marketing Manager. During his studies of business administration at the Munich University of Applied Sciences, Mr. Zettelmeier focused on the area of Organisation and Information Management. Having already organised the 11th German Ball 2008 for the German Chamber in Shanghai, he is now glad to be back fulltime to manage all upcoming social events such as the Happy Hour, the InterChamber Mixer and this year’s 12th German Ball. Please join the Chamber team in welcoming Mr. Zettelmeier to this new role and contact him directly regarding any social events and marketing enquiries: ' 021 5081-2266 ext. 1605 | * [email protected] 42 October - November 2009 GCC • South China at MNCs Conference Hosted by the Guangzhou Municipal Government and organised by the Bureau of Foreign Trade and Economic Cooperation of Guangzhou Municipality, the ‘Focus on Guangzhou, Future of Investment 2009 MNCs Conference’ was held on 3rd July 2009 at The Garden Hotel. Over 400 participants including Mr. Zhang Guangning, Mayor of Guangzhou, were present at the conference. On behalf of the GCC • South China, board members Ms. Alexandra Voss and Ms. Renate Tietjen took part in the conference. The objective of the forum was to present and discuss the current economic situation and opportunities in the development of Guangzhou’s industries. In the afternoon, the representatives of the foreign chambers in Guangzhou engaged in a seminar on the business environment headed by Dr. Xiao Zhenyu, Director General of GZ Boftec. During this workshop, feedback and suggestions from the chambers on the investment climate and possible challenges for their respective member companies were collected. Voss Continues to Advise Guangzhou Government Ms. Alexandra Voss, Executive Director of the GCC • South China, will continue to be one of the international advisors of the Guangzhou Municipal Board of International Investment. Ms. Voss has agreed to stay in this position for another year to support the investment promotions of the Guangzhou government in Germany. Honorary Appointments of GCC • South China Members Two members of the German Chamber of Commerce • South China have been nominated as Overseas Deputy President of the China Chamber of International Commerce (CCOIC) Guangzhou: Mr. Nong Ke Qiang, General Manager Region South of Siemens Ltd. China, and Mr. Nico Beilharz, General Manager Southern China of Lufthansa German Airlines. Mr. Jürgen Baur, Chief Representative in Guangzhou and Hong Kong of Rödl & Partner, and Mr. Thilo von Vopelius, Chairman of the Board of Vopelius Chemie AG, have accepted the nomination for Overseas Director of CCOIC Guangzhou. The overseas deputy presidents and directors have the right to raise constructive suggestions and criticism to CCPIC and CCOIC Guangzhou and therefore enhance the communication and exchange between the Chinese and German business communities. www.china.ahk.de Farewell with a Plea Professor Norbert Walter, Chief Economist of Deutsche Bank Group, on tour Chamber Events with Prof. Norbert Walter in Beijing, Shanghai and South China On the occasion of his recent tour through Greater China – the last one in his role as Chief Economist of Deutsche Bank Group – Professor Norbert Walter delighted audiences at the three German Chamber locations in Mainland China after a stint in Hong Kong with his profound knowledge of the global economy and a healthy portion of wit. Not surprisingly, the current global economic crisis and its roots as well as the outlook for the coming years were the focus of his presentations. Prof. Walter’s in-depth and rational analysis was spiced with a passionately delivered appeal to uphold the globalised liberal economic system and not retract to protectionist attitudes of the past. Global Fall, but Different Triggers Labelling the deepest global recession of recent history as a mere result of American sub-prime lending gives an incomplete picture, says Professor Walter. Greed is a global phenomenon, and the explosive growth of real estate projects in Dubai, Spain, Ireland and the UK played an equal part in the bust of the bubble. ‘Cashing-out’ for personal consumption on projected rising house prices and selling off this debt to other lenders increased the force of the crisis and spread it across the global financial markets. However, not only countries relying on their property and banking sector got pulled into recession. Similar to housing prices, commodities were also seen as a crisis-prone investment with ever-rising prices. Huge reserves were built and once demand dropped, the downturn spilled over to the likes of Russia, Brazil, Nigeria and the Middle East. Further up the economic value chain, the picture became equally bleak. The world’s major producers of investment goods, including Japan, Germany and Italy, were among the hardest hit by the downward spiral. As a consequence of the slumping demand and international trade, the shipping and air transportation industries and all economies with a stake in them suffered severely. Furthermore, lagging economies like Bangladesh and Pakistan became even poorer, when their armies of migrant workers lost their jobs abroad and discontinued their remittances home. By this time, the crisis had become a truly global problem. Euro to Stay Strong Looking at the banking and financial markets, Professor Walter forecasted that the cost of money would soon pick up from its current low, once the central banks of Australia and China start raising their interest rates again. In Europe, this step is expected to follow later. Though the European Central Bank (ECB) could have set corrective measures earlier on in August 2008, when inflation rates in Europe were already at a ‘felt’ 13% (real 3.8%), the ECB is still hindered in its effectiveness and courage by its struggle to establish its own credibility. Professor Walter does not share the belief of many fellow analysts that the Dollar-Euro exchange rate would recover in 2010 to 1.18. He sees the Euro replacing the US dollar as a favoured currency for foreign reserves by cash rich economies like China, Russia and Arab oil countries. 2009 October - November 43 CHAMBER NEWS ALL CHINA Worrying Signals Spurred by the crisis and governmental bail-outs, a new tendency in some market economies emerges that “big government is in” a trend that Professor Walter monitors and opposes with growing concern. Efforts to protect jobs and local industries do not justify protectionist measures. Calls to buy Chinese, German or American are detrimental and cause great damage, especially to smaller economies. “Stop that nonsense!” was the unmistakable call of the speaker. “If Germany had to swallow all the pills that it produced it would fall seriously ill”, Walter stated to highlight the fact that a country which exports four fifths of its production, has no alternative but to continue focusing on the global market. He described a continued globalisation approach paired with a sense of ‘conservative virtuousness’ as the best way forward. Economic stimulus programmes and fiscal incentives for consumption, like the “cash for clunkers” programme that boosted car sales in the US and Europe, are distorting the picture and will not lead to long-term relief. Thus, Walter predicts a third economic slow-down in 2010, when stimulus packages will phase out and interest rates begin to climb again. The “triple u” shaped recession will thus continue to run into early 2011. Even then, unsustainable growth rates as in 2003-2007 will not be seen again. China will have to get used to an average annual growth of 7%. Only countries like India, and perhaps also Indonesia and Vietnam will be able to sustain growth of 8-10% for a few years to come. Lessons to Learn But what about the picture ahead? When will the global economy find its way out of the recession? Will 2010 become the year of the turnaround? Most likely it will not, according to Professor Walter. First signs of relief in Germany in the form of a 0.3% growth of GDP in July and a forecasted worldwide growth of 5% for the third quarter of 2009 are not indicating that the dry spell is over just yet. More difficult to predict than economic growth rates however, is the long-term trend of where the global economy is heading. “Will we sustain the open economic system that we have now? Will we be able to preserve the important and good aspects of a free market economy?” - questions posed by Professor Walter that are close to his heart. His appeal to the men and women who grew up in this system and benefited from it is to become beacons of a liberal economy. More than ever, people from business, politics and academia need to speak up now for the strengths and help to eradicate the weaknesses of this “wonderful system”. n Guangzhou Event: Joint-Chamber Presentation - “World Wide recession - How deep, how long?” Date: 21st August 2009 n Beijing Event: Chamber Breakfast - “World Wide recession - How deep, how long?” Date: 24th August 2009 The German Chamber of Commerce l South China together with the Deutsche Bank Guangzhou Branch organised the dinner reception at the Grand Hyatt with the support of the British, French and Swiss chambers. Greeted by the new Chairman of the Board of the GCC l South China, Mr. Nico Beilharz, Deputy Consul General Mr. Christian Rumplecker was the evening’s guest of honour. Both expressed their gratitude that Professor Walter not only showed up in Northern and Eastern China, but considered the barometer of public opinion in the South as a significant hint for the world economy. A select audience with a palate for world economics gathered at the Ritz Carlton Ballroom for a Monday Breakfast Buffet, to which Dr. Walter served up the perspective of the small, dark and very strong espresso he is often characterised as. UUU until 2011 80 guests enjoyed a Friday evening full of insightful information and controversial discussion. While being bombarded with questions, Professor Walter showed knowledge of the needs and problems of the local business community and mastered even tough and critical issues with his sense of humour and subtle irony. Accompanied by Mr. David Koh, Managing Director of Deutsche Bank in Shanghai, and Mr. Eddy Henning, Director of Deutsche Bank in Beijing, Professor WalVIP table at the Guangzhou dinner reception ter had spent the day with the General Manager of Deutsche Bank’s Guangzhou Branch, Mr. Brian Xu. Before joining the dinner presentation the delegation had a meeting with the Bureau of Foreign Trade and Economic Cooperation of Guangzhou Municipality. With the participation of corporate clients and foreign chambers, both parties had discussed the impact of the worldwide recession on South China and how to deal with it. 44 October - November 2009 The assembled guests represented global corporate players at the highest levels across the industries. Following his power point slides Bringing expertise to the table in Beijing and brushing on a range of related aspects as social, environmental and educational issues, Dr. Walter’s speech slid from furrowed brow to twinkle in the eye and back. Serious reflection and synopsis lightened up to the occasional unexpected innuendo that left mouths wide open, sought confirmation in drawing parallels, and captured lessons learned since last year – hopefully for good. After the great stumble, it was now crunch time for a steep learning curve – and with still more ahead comes still more to learn. Those stumbling blocks not yet discernable, he visualised with the imagery of the Triple-U shaped recovery, a buzzword which instantly captured the audience’s fascination and whose implications were inquired about in more detail in the Q&A session as well as the press conference concluding Walter’s fourth Beijing visit. The passionate mountaineer who witnessed the world economy fall off the cliff fears that the world has still not recognised that although it had seemingly been a synchronised global fall, the causes for the fall varied greatly between the regions and nations. In Beijing, he reinforced his hope that individual nations will tailor their national responses to a global problem towards a global solution. n Shanghai Event: Chamber Meeting August - Weltwirtschaft 2010 – ist der Aufschwung in Sicht? Date: 27th August 2009 A record number of 293 guests, among them Consul General Dr. Albrecht von der Heyden, had come to attend the first Chamber Meeting after the summer break. Dr. Jari Grosse-Ruyken, ViceDirector of the Chinese-German University Preparatory College (CDHK) at Tongji University, introduced his institute that is closely collaboration with industry to train the future talents needed by German companies in China. The well-established educational institution in Shanghai is currently looking for new corporate partners. Chairman of the evening, Mr. Arved von zur Mühlen, opened the floor for the keynote speaker with some “teaser figures” from the latest business confidence study that was conducted among German Chamber members in Shanghai. Leaving aside his Powerpoint presentation, Professor Walter quickly captured the audience with his free speech and welcomed a number of questions. Asked by a guest, whether governments would manage to introduce suitable mechanisms to better regulate the financial markets, Walter was optimistic. The world could simply not afford another crisis like the current one. The counter pressures are too strong to continue as if nothing had happened. It will however require a uniform approach and strategy by Europe to speak at same eye height with the US during the upcoming G20 Summit in Pittsburgh, where market regulation policies will be discussed. Summing up, the speaker called on Europe and Asia to become more assertive and seize the new openness of America under Obama to treat them as equal partners. The speaker among board members of the GCC l Shanghai (from left to right): Dr. Rolf Hupke, Mr. Manfred Rothgänger, Prof. Norbert Walter, Ms. Brigitte Wolff, Mr. Arved von zur Mühlen and Mr. Thomas Dorn. Dr. Benno Freiherr von Canstein (Allianz SE, left) having a chat with Dr. Jari Grosse-Ruyken (CDHK at Tongji University) 2009 October - November 45 CHAMBER NEWS BEIJING PAGES GCC BOARD Siemens Ltd. Northeast Asia CEO Siemens Ltd. China CEO and President Dr. Richard Hausmann* Chairman KPMG Huazhen Certified Public Accountants Partner Audit Mr. Andreas Feege Treasurer German Chamber Beijing Executive Director Delegation of German Industry & Commerce Beijing Delegate & Chief Representative Ms. Jutta Ludwig* Deutsche Bank (China) Co. Ltd. Director, Head of Corporate Banking Coverage, China Mr. Eddy Henning Gruner+Jahr (Beijing) Advertising Co. Ltd. General Manager & President Mr. Wolfgang Kohl Volkswagen (China) Investment Co. Ltd. Executive Vice President, Finance Department Dr. Jörg Mull TUI China Travel Co. Ltd. CEO Mr. Marcel Schneider Bayer (China) Ltd. Vice President, Corporate Social Responsibility Greater China BEIJING Mr. William Valentino Daimler AG Executive Vice President Daimler Northeast Asia Ltd. Chairman & CEO Mr. Ulrich Walker * All-China Board member 46 October - November 2009 Get the Money Chamber Seminar Tianjin The Chinese credit market is highly regulated: from the interest rate regime to the financing gap legislation, from informal window guidance to explicit quota systems, many factors are influencing the ability of companies to get access to credit from banks or affiliated companies. Mr. Martin Miller of Commerzbank Tianjin branch and his colleague from Shanghai, Mr. Uwe Stehrenberg, gave a comprehensive overview of the financing environment for companies in China. Once the topic unfurled, the audience seized the opportunity to receive first hand information and share concerns. The quotas for short and long-term foreign debt of banks set by the State Administration of Foreign Exchange (SAFE) and the National Development and Reform Commission (NDRC) may influence the availability of refinancing funds in foreign currency. Under certain circumstances this may lead – and two years ago actually has led – to higher interest rates and partially even nonavailability of foreign currency financing for the corporate sector. Furthermore, stipulations set a cap to the amount of foreign currency funding being sourced offshore by a JV or a WFOE – the so-called financing gap. Foreign currency loans granted by Chinese branches of foreign banks are not counted into this financing gap, which is defined as the differential between the total investment amount approved for the company and its registered capital. However, in case a foreign-funded company which received an onshore loan against foreign collateral (e.g. a guarantee of the foreign mother company) runs into difficulties and the lender would like to realise his claim under the guarantee, such claim has to be accounted into the financing gap and be approved by SAFE before the funds can be remitted into China. In the field of RMB financing, the efforts of the banking regulators to transmit macroeconomic steering guidelines by the government into the banking sector from time to time directly influence the ability of the banks to grant credit. Here we are again speaking of quotas which often are communicated by so-called window guidance, i.e. verbal forms of announcement, to the important market players. Last but not least, the regulation of interest rates by the People's Bank of China has a direct impact on the price formation in the Chinese loan market. Minimum rates for loan interest and maximum rates for deposit interest are binding for all banks. Nonetheless, the Chinese banking market has seen a tremendous amount of liberalisation during the last couple of years. This has had a positive impact on the availability of high-quality banking services. The clear commitment of the Chinese government to make China a financial centre for Asia - if not for the world - leaves room for hope that there is a lot more to come in terms of the gradual replacement of the existing quota systems and price regulation by market mechanisms. Event: Company Financing in China Date: 9th July 2009 Speakers: Mr. Martin Miller | Head of Preparation Team, Commerzbank Tianjin Branch; Mr. Uwe Stehrenberg | Relationship Manager, Commerzbank AG Shanghai Branch Work it out in Tianjin Chamber Networking Tianjin Despite the summer break for most, over 130 people gathered at the Tianjin Renaissance TEDA Hotel for the monthly networking event. Initiated only in January 2009 by seven inviting units, the monthly networking is now already regularly attended by 13 national chambers and other organisations, which invite their members and business partners to get to know each other, exchange information or even take first steps into mutual business ventures. Networking events are definitely not to be missed by those seeking to interact with business leaders from across the region. You never know who you're going to meet! The next opportunity to find out will come up in October. Event: Inter-Chamber Networking Tianjin Date: 18th August 2009 2009 October - November 47 CHAMBER NEWS MEET THE MEMBER Company: CNC - Communications & Network Consulting Job Title: Managing Director Year of Foundation: 2008 HQ: Munich Main Business: PR and Communications Consultancy Number of Employees: 6 in China. Over 100 in 13 offices worldwide Andreas Kunz From an international news correspondent in Tokyo to corporate communications in a global company for the Asian markets to Managing Director of CNC in Beijing – where did your long relationship with Asia begin? My first time in Asia was in China. I started as a young student on a Swiss federal scholarship at Nanjing University in 1983 and later continued my studies at Taiwan University and Kobe University in Japan. My major interest was the economic history of Asia and China. It was exciting to see China develop from a planned socialist toward a market economy. 30 years later it is obvious that the transition was successful, and China is now a strong player in the global economy. Chinese enterprises with global aspirations have moved up in the perception of CNC headquarters. With the addition of China, CNC is now also able to consult clients in all key Asian markets with an integrated strategy and communications approach. That means we were able to expand our services tremendously and we are of course now also supporting Chinese enterprises to expand globally through M&A or with an IPO in Frankfurt or London. Which corporate communications area or aspect is the most intriguing to you? Successful corporate communications needs to be fully integrated with the business strategy. This means that a communications consultancy needs to understand every aspect of a company. This is the most intriguing part of corporate communications, because as a consultant you need to have the CEO overview of the company in order to choose NEW MEMBERS BEIJING Mr. Uwe Birnbaum General Manager Jean Mueller Electrical Systems (Tianjin) Co., Ltd. Tianjin ' 022 8698-6290 * [email protected] Ms. Lida Dong General Manager Wasi Tianjin Fastener Co., Ltd. Tianjin ' 022 8882-9208 * [email protected] www.wasi.com.cn Mr. Samuel Imfeld Branch Manager Schenker (China) Ltd. Tianjin Branch Tianjin ' 022 2330-4028 ext.100 * [email protected] www.schenker.com.cn Ms. Heike Kullmann Kingsley Squire International Beijing 48 October - November 2009 In what way are your China operations affecting the company ‘back home’? the right time and tool for the messages that need to be sent. At the same time you need to be very flexible in adapting to the needs of different media and choose the right “timing” for a message to be communicated with the highest impact to the stakeholders. A company’s external communication is only as good as ... …the way the company communicates internally. Reputational issues of most big global companies in the last decade started mainly because internal communication channels were clogged. This means that crisis communications usually needs to an open discussion at the round table. Only then it is possible to successfully communicate to the external stakeholders again. Your most curious personal or business China communications anecdote? There are a lot of funny anecdotes from China, but for the sake of the clients I will not tell them here. Most interesting at the moment is the fact that China is overtaking Europe in adapting to new media, such as messaging on handhelds, use of the Web and video messaging in open spaces. This will have a tremendous impact for companies on their future communications strategy, which they need to address now. For full contact information and company profiles of our new and existing members please visit www.german-company-directory.com 010 8439-7686 139 1153-1859 * [email protected] ' Mr. Ma Lixin Chief Representative 3S-Smart Software Solutions GmbH Beijing Representative Office Beijing ' 010 8588-8937 * [email protected] www.3s-software.com Mr. Mirsad Midzic Managing Director Vamed Healthcare Co., Ltd. Beijing ' 010 5825-7490 * [email protected] www.vamed.com Mr. Martin Miller General Manager Commerzbank AG Tianjin Branch Tianjin ' 022 5886-6000 * [email protected] Mr. Wolfgang Rath Sales Manager Mr. Rudolf Roemhild General Manager Mdexx Magnetornics Tianjin Ltd. Tianjin ' 022 2497-4097 * [email protected] [email protected] Mr. Andreas Schultz-Zehden Representative Beijing Hartung:consult Beijing ' 010 6590-6510 * andreas.schultz-zehden@ hartung.com.cn www.hartung.com.cn Mr. John Taylor VP Global Sales AEG Power Solutions Co., Ltd. Singapore ' +65 6846-5701 * [email protected] www.aegps.com Mr. Wang Chengwu General Manager Hammelmann Pump System (Tianjin) Co., Ltd. Tianjin ' 022 2697-2658 * [email protected] www.hammelmann.com.cn Mr. Wang Jiuhua Director & CFO Beijing ZhongDe Fengquan Environment Protection Technology Co., Ltd. Beijing ' 010 8859-8010 * [email protected] www.fengquanhb.com Mr. Roland Wein Director DWB - Deutsches Wirtschaftsbüro Taipei Taipei, Taiwan ' +886 2 2506-9028 ext.1000 * [email protected] www.dwb-taipei.org.tw 2009 October - November 49 CHAMBER NEWS BEIJING AROUND PAGES TOWN VW Beetle Vintage Tour 30th July – 30th August | Erlangen - Beijing Traversing time and space – 11,000 kms to be exact – from the castle square in Erlangen, Germany, to the German Embassy in Beijing, China, a convoy of five original post-war period Volkswagen Beetles set off on a one-month journey on July 30 to pay an unconventional tribute to two special national anniversaries. The oldest vehicle in the team rolled off the assembly line in 1949 to travel through Poland, Lithuania, Latvia, Russia and Mongolia across the Gobi Desert to the Great Wall in 2009. The vintage venture was initiated by ardent oldtimer collector Richard Hausmann, President and CEO of Siemens China. All images provided by VW and Dr. Richard Hausmann. 50 October - November 2009 Deutsche Handelskammer German Chamber of Commerce in China . Beijing Deutsche Handelskammer German Chamber of Commerce 2009 October - November 51 . Beijing in China CHAMBER NEWS SHANGHAI PAGES GCC BOARD Back on the Fast Track Workshop Automotive Lufthansa German Airlines Managing Director Greater China Mr. Arved von zur Mühlen * Chairman Vossloh Fastening Systems (China) Co. Ltd. CEO Mr. Thomas Dorn Treasurer German Chamber Shanghai Executive Director Delegation of German Industry & Commerce Shanghai Delegate & Chief Representative Mr. Manfred Rothgänger* Squire, Sanders & Dempsey L.L.P. Partner, Head of German Desk Mr. Rainer Burkardt Analogic Corporation CEO Dr. Rolf Hupke POLYMAX (Shanghai) Trading Co. Ltd. Chairman of the Board Mr. Ulrich Mäder DEKRA (Shanghai) Co. Ltd. SHANGHAI General Manager Mr. Guenther Strobel Management Engineers China Ltd. Managing Director Ms. Brigitte Wolff * All-China Board member 52 October - November 2009 How close growth and loss of market share can be each other in the fiercely competitive Chinese car market was once again shown at the last edition of GCC l Shanghai’s automotive workshop before the summer brake. Having entered China back in 1984, VW quickly managed to establish a market share of 58%. As the Mr. Mike Carter (deVere & Partners; right) with another workshop participant. competition in the market tightened, the golden days seemed the German automaker’s worldwide sales. to be over and VW saw its market share slip VW Group plans to do so by doubling its car to 17% by 2005. At this stage, the company sales by 2018 and by significantly growing decided to revise its strategy and gain back its dealer network, the latter having been an market leadership with the strong guidance important rationale behind the participation of Volkswagen Group and the Olympic Pro- in the Beijing Olympics. There are more than 250 cities in China with over one million ingramme. habitants each, where brand awareness must The main reasons for the loss of market be instilled and raised. share, as introduced by Mr. Bernd Pichler, were the increased competition and the ar- Another important point on Volkswagen’s rival of various other car brands in China, as strategy agenda is the development of Green well as a lack of customisation of models to Cars, which the Chinese Government exthe Chinese market. Of the 13 products sold pects to become the number one leading in China, almost all were old and designed technology for China in the future. Hybrid for the German home market. Due an evolv- cars are only the first step in this direction, ing price among the new market entrants, with the ultimate goal being a fully electric the margins eroded dramatically. In light car. of this situation, VW planned a consolidation phase with strong involvement by top management to get a tight grip on the development phase. Cost-cutting also became necessary to become more competitive, going in hand with high localisation and customer orientation. Subsequently, a targeted development of cars for the Chinese market Event: Strategy and Controlling VW Group started, and in 2006 the Skoda brand was China also introduced in China. While the speaker pointed out that last year still more than Date: 1st July 2009 100,000 units of the dated Santana model were sold, VW is continuing to customise its Speaker: Mr. Bernd Pichler | Director models to local consumer taste, as the new Sales Finance & Sales Controlling, SAIC – Lingyu and Lavida models show. Volkswagen Sales Co. Ltd. The strategy from 2009 to 2018 is to further grow in China – what has become the biggest market for VW, Skoda and Audi with over one million sold cars last year, 20% of Chair: Dr. Marcus Hoffmann | Principal, Roland Berger Strategy Consultants (Shanghai) Sino-German Union Talks After the Storm Business Breakfast Breakfast Seminar The “new” PRC Labour Contract Law from January 2008 has not affected German businesses in China too much, as many of them had already been compliant with the corporate regulations of their home country before. The problem is rather the non-compliance by domestic competitors and the lax prosecution on behalf of the local authorities that is often putting German companies at a competitive disadvantage. These and other concerns were voiced by senior executives and GCC Board Members during an off the record breakfast discussion with Germany’s chief unionist Mr. Michael Sommer and his delegation. Mr. Sommer provided a summary of his intensive China visit that had brought him to Sichuan, Beijing, Shanghai and Hangzhou. The main focus of his visit was to examine the situation of Chinese migrant workers and to continue the knowledge exchange with his counterparts at the All-China Federation of Trade Unions (ACFTU). In particular, the mutual cooperation in the area of pension rights and insurance will be intensified through an expert exchange between the German and Chinese trade union bodies. The DGB will also support China in its endeavours to join the international trade union dialogue, but not without continually stressing and monitoring that further efforts are made to improve the situation of Chinese labourers. To Mr. Sommer, the Chinese government seems to be aware of the social dynamite that the situation of migrant workers holds. First efforts to secure minimum standards for this underprivileged group and the emergence of migrant workers being represented in the ACFTU should therefore be seen as positive signals in this direction, he said. Even though the global financial crisis had its origins in the United States, it has had a huge influence on German banking institutions and the German economy as a whole. Mr. Michael Sommer addressing the audience Event: Business Breakfast with Michael Sommer th Date: 27 August 2009 In his speech, Mr. Andreas Schmitz gave an overview of the key factors that led to the financial crisis. The spiral of the so-called “Ninja-loans” (no income, no job), the US housing bubble as well as intransparent financial products, which remained unattended, together caused a “Perfect Storm” as it had never happened before in the recent history of finance. The banking supervision was not able to keep up with the internationalisation of the financial markets and is now facing the difficult task to not only strengthen the regulatory framework, but also to adjust the controlling tools so that the trust and confidence of the clients can be carefully reestablished. Event: Kammerfrühstück — Der Bankenpräsident zur Finanzmarktkrise Date: 21th August 2009 Speaker: Mr. Michael Sommer | Chairman of the Confederation of German Trade Unions (DGB) Speaker: Mr. Andreas Schmitz | President of the Association of German Banks & Chairman of the Management Board of HSBC Trinkaus & Burkhardt AG Chair: Mr. Ar ved von zur Mühlen | Chairman of the Board of GCC l Shanghai & Managing Director Greater China, Lufthansa German Airlines Chair: Mr. Ar ved von zur Mühlen | Chairman of the Board of GCC l Shanghai & Managing Director Greater China, Lufthansa German Airlines 2009 October - November 53 CHAMBER NEWS SHANGHAI PAGES Germans Positive about China Business despite Liquidity Challenges China Business Confidence Survey Webinar The third ‘China Business Confidence Survey’ - conducted among 200 member companies of the German Chambers of Commerce in China - was released by the Delegation of German Industry (AHK) in Greater China and Fiducia Management Consultants on 5th August. The results were for the first time presented in the form of a Webinar, an interactive online forum allowing members from all over the world to follow the discussion and engage in an online Q&A session afterwards. The completion of the survey in June and July 2009 was based on the changes of the business environment since the first survey in 2008. The results showed that although the impacts of the world financial crisis did not spare China, German companies are generally positive about their business in the country and the quick recovery of the Chinese economy. While a quarter of respondents are heavily affected, the majority indicated that the crisis had only moderately impacted their business. Of those companies affected by the crisis, 82% confirmed fewer new orders and 31% suffered from cancellations of existing orders. At the same time, half of the respondents posted same or higher revenues over the past 12 months to the previous year. “Many German companies have been able to compensate the losses in export business by increasing sales in the domestic market”, explained Stefan Kracht of Fiducia this shift in revenue streams. While the drop in revenues may not have been significant, almost two thirds of respondents indicated a drop in profits caused by a combination of declining revenues and the limited ability to reduce major fixed costs. Maintaining liquidity was thus the biggest challenge for German companies during the first quarter of 2009. Nearly three quarters of the respondents expect the Chinese economy to recover in the first half of 2010, an increase in confidence compared with the 2008 survey. Yet probably the most significant finding is that 60% have put investment plans on hold. While half of respondents listed growing revenues in the next 12 months as the major goal, the other half will focus on conserving cash by reducing personnel and marketing costs. Those focusing on growth plan to achieve it via pro-active business development in new customer groups, and on further localisation of products and services. The Webinar was attended by around 200 participants from China, Germany, UK, Austria, Switzerland, USA, Italy, Norway, Singapore, Mexico, France and Malaysia. The survey presentation will be archived for twelve months at the link below. Event: China Business Confidence Survey Date: 5th August 2009 Presenters: Mr. Stefan Kracht | Director of the China Consulting Department, Fiducia Management Consultant; Mr. Bernd Reitmeier | General Manager, German Industry and Commerce Greater China Webinar archive: www.visualwebcaster. com/event.asp?id=61198 New Tax Regulations in Corporate Restructurings Workshop Tax, Finance & Law Lead by break, Tax, Finance & Law Workshop lead by Mr. Titus Freiherr von dem Bongart of Ernst & Young China gave a thorough introduction of the new ‘Notice Concerning Corporate Income Tax Treatment for Corporate Restructurings’ (Notice 59). Along with the general renewal of corporate tax, it also affects companies with foreign relations. Transformations and restructurings occur in different forms - such as mergers, divisions or equity acquisitions - all over the world. In most countries these proceedings are of fiscal relevance, where four topics play a central roll in evaluation. n Is there a difference between the asset value of the company and the price paid 54 October - November 2009 n n n for the assets? Meaning does the transaction bring a profit? How does the new corporation evaluate the assets respectively and how are they treated fiscally? In how far can tax breaks from the old corporation be transferred to the new one? Can losses carried forward from the transferring company be enforced at the new one? These key questions were discussed against the backdrop of the new regulation and different restructuring models. The first concrete application requirement of Notice 59 is the necessity of a legally relevant restructuring, which will be differentiated by normal and special restructuring in a second step. Each of these restructurings have individual requirements and fiscal impacts. Event: Das neue chinesischen Umwandlungssteuerrecht - Auswirkungen auf die Restrukturierung chinesischer Tochtergesellschaften Date: 2nd July 2009 Speaker: Mr. Titus Freiherr von dem Bongart | Partner and Head, Ernst & Young (China) Advisory Ltd, German Business Center (GBC) 2009 October - November 55 CHAMBER NEWS SHANGHAI PAGES NEW MEMBERS SHANGHAI Mr. Werner Berneis General Manager Berrang Trading (Shanghai) Co. Ltd. Shanghai ' 021 5988-4898 * [email protected] www.berrang.com Mr. Julien Bertrand International Desk Mazars Shanghai Shanghai ' 021 6859-8060 * [email protected] www.mazars.com Mr. Maurizio Brentegani General Manager Unicredit Banca di Roma Shanghai Branch Shanghai ' 021 5047-0077 * [email protected] www.unicreditgroup.eu Mr. John Chachamopoulos Shanghai ' 021 6118-3000 * [email protected] Mr. Klaus-Peter von der Eltz Chief Representative Hanse Merkur Mutual Health Insurance Company Shanghai Representative Office Shanghai ' 021 2419-3056 * [email protected] Dr. Johannes Fottner Managing Director MIAS GmbH Munich, Germany ' +49-89-35496-0 * [email protected] www.mias-group.de Mr. Stephan Gallien General Manager Bombardier Transprotation Equipment (Suzhou) Co. Ltd. Suzhou, Jiangsu ' 0512 6733-3200 * [email protected] www.bombardier.com Mr. Thomas Gassner Sales Director tesa (Shanghai) Trading Co. Ltd. Shanghai ' 021 6818-3110 * [email protected] www.tesa.com Mr. Klaus Gottschalk General Manager Pullman Shanghai Skyway Shanghai ' 021 3318-9988 * [email protected] www.pullmanhotels.com Mr. Uwe Guemmer Resident Manager Renaissance Yangtze Shanghai Hotel Shanghai 56 October - November 2009 For full contact information and company profiles of our new and existing members please visit www.german-company-directory.com ' 021 6275-0000 * [email protected] www.renaissanceshanghai.com Mr. Hartmut Heckermann Chief Representative BILSTEIN GmbH & Co. KG Shanghai Representative Office Shanghai ' 021 2898-6638 * [email protected] www.bilstein-gruppe.de Mrs. Liren Hildebrandt Chief Representative Sprachenwelt GmbH Shanghai Representative Office Shanghai ' 021 6165-2268 * [email protected] www.sprachenwelt.net Mr. Ajmer S. Kairon General Manager Bombardier CPC Propulsion System Co. Ltd. Changzhou, Jiangsu ' 0519 8837-3095 * [email protected] www.cpcchina.com/companycqpb.asp Ms. Catherine Kollmann Senior Sales Manager The Peninsula Shanghai Shanghai ' 021 2327-2888 * [email protected] www.peninsula.com Mr. Sven Krause General Manager Asia Shanghai Lindner Innovative Interiors Co. Ltd. Shanghai ' 021 5170-1733 * [email protected] www.lindner-group.com Dr. Werner Krieger Shanghai ' 021 5059-7156 | +852 9747-6848 * [email protected] Mr. Till Kundt Chief Representative Dr. August Oetker Nahrungsmittel KG Shanghai Representative Office Shanghai ' 021 6249-9065 * [email protected] www.oetker.cn Mr. Liu Yang General Manager Shanghai Gino Telema Resistors Co. Ltd. Shanghai ' 021 5762-9292 * [email protected] www.sgtr.com.cn Dr. Gert Mayer Chief Representative Connectwell Industries Pvt. Ltd. Shanghai Representative Office Shanghai ' 021 6248-4078 * [email protected] www.connectwell.com Mr. Bodo Mehrlaender General Manager Volkswagen Transmission Shanghai Co. Ltd. Shanghai ' 021 6952-1920 * bodo.mehrlaender@ vw-transmission.com www.vw-transmission.com Mr. Thomas Nieberle Supervisor Mr. Markus Woehrle General Manager datadirect Co. Ltd. Taicang, Jiangsu ' 0512 5395-0908 * [email protected] [email protected] www.datadirect.de Mr. Walter Pitz Chief Operating Officer FISIA BABCOCK ENGINEERING CONSULTING (SHANGHAI) CO. LTD. Shanghai ' 0512 5395-0908 * [email protected] Mr. Sergio de Puppi General Manager Nantong SDP Nantong, Jiangsu Investment Consulting Co. Ltd. ' 0513 8553-3329 | 137 6168-7315 * [email protected] Mr. Falk Ruehling Leschaco China Ltd. Shanghai ' 021 6288-9830 * [email protected] www.anker-leschaco.com Dr. Stefan Sack Managing Director China Voith Industrial Services (Shanghai) Co. Ltd. Shanghai ' 021 3367-8811 * [email protected] www.china.voithindustrialservices.com Mr. C.V. Saha Managing Director KSB Valves (Shanghai) Co. Ltd. Shanghai ' 021 6430-2888 * [email protected] Mr. Mathias Schinzel Shanghai ' 137 6124-5500 * [email protected] Mr. Harald Schweitzer General Manager Shanghai KraussMaffei Machinery Co. Ltd. Shanghai ' 021 5031-8020 * [email protected] www.kraussmaffei.com Mr. Tim Sichting Manager - German Liaison Deloitte Touche Tohmatsu CPA Ltd. Shanghai ' 021 6141-8888 www.deloitte.com/cn Ms. Annette Sperling General Manager of Business Administration Siemens Electrical Drives (Shanghai) Ltd. Shanghai ' 021 6168-7101 * [email protected] www.ad.siemens.com.cn Mr. Markus Alec Steger VP North East Asia S&C Symrise Shanghai Ltd. Shanghai ' 021 5899-6218 * [email protected] www.symrise.com Mr. Michael Thoma General Manager Ondal Industrietechnik (Suzhou) Co. Ltd. Suzhou, Jiangsu ' 0512 6831-7852 * [email protected] www.ondal.de Mr. Mathias Weibhuhn Executive Director Meiar Electronic (Shanghai) Co. Ltd. Shanghai ' 021 5192-3351 * [email protected] www.meiar.net Mr. Ben Wootliff Head of Corporate Enquiries Control Risks Group (Shanghai) Ltd. Shanghai ' 021 5298-1800 * [email protected] www.control-risks.com Ms. Yang Chengqing General Manager Nabertherm (Shanghai) Industrial Furnaces Co. Ltd. Shanghai ' 021 6490-2960 * [email protected] www.nabertherm-cn.com Ms. Sophie Yao Deputy General Manager KEB Power Transmission Technology (Shanghai) Co. Ltd. Shanghai ' 021 3774-6688 * [email protected] www.keb.cn Ms. Zhou Yingxiao Shanghai ' 021 3126-8876 ext. 807 * [email protected] Mr. Zhu Yi Chairman of the Board Kingdecor (Zhejiang) Co. Ltd. Quzhou, Zhejiang ' 0570 850-7888 * [email protected] www.schattdecor.de MEET THE MEMBER Kurt Fasser Company: CON MOTO consulting Group Job Title: General Manager Year of Foundation: 1990 (Shanghai Rep Office since 2007) HQ: Munich Main Business: Consulting services to a wide range of industries, OEMs or Suppliers. From business ideas or need for change through the implementation to sustainability. Number of Employees: 60 worldwide, including 4 in China. Tell us a bit about your professional background. I have accumulated 34 years of industry experience in eight locations and different functions, of which I spent a total of 23 years abroad. From Argentina to Korea, Canada, Mexico – where I was leading a company for ten years – to China, where I have been for the past 13 years. The last nine years I have worked as an independent consultant, since 2007 I am with CON MOTO. motor manufacturing line for electric bicycles from Canada to Guilin. The next year I spent searching for suppliers in China and Singapore. In 1994, I was involved in the formation of a Joint Venture between DFM and Siemens, which started production in Shanghai one year later. I stayed with the new company as its General Manager for four years before moving to Mexico for a “stint” of three years. In 2001, I returned to China as an industry consultant. What first brought you to China? What is the focus of your business? I have been connected with China in some way or other for the past 30 years. In 1979, I first came here to transfer industrial turbine knowhow for a project in Hangzhou. In 1992, I sold and relocated a small electric We help foreign and Chinese industrial companies run their businesses more successfully. This includes assisting German companies in China and Chinese companies in their expansion to Germany. We guide and support www.china.ahk.de new projects from the first steps of networking, and help improve existing operations through our broad experience and limitless creativity. We make the people in the driver seat feel stronger and capable to implement change. The ultimate goal is to find with our clients the way to sustainability. The standard questions: Why did you decide to work abroad? As a young engineer in Buenos Aires I enjoyed to be a bridge between different cultures, and I learned to work with this additional dimension in the business world. This job enrichment and the challenges have been driving me again and again to jobs abroad. ..and why are you working in China? China will play a leading role on the world market. This will happen with or without our involvement or support. I find it better if we help and become an active part of the change. Learning about the Chinese behaviour is best done in China. For new business ideas and projects keep in mind that the risk of being in China is smaller than not to be in China. And finally, after having worked in China on so many different projects, I find it still interesting – and still fun - to work and live here. 2009 October - November 57 CHAMBER NEWS SHANGHAI AROUND TOWN Roof Topping Ceremony for the German Expo Pavilion 8th July 2009 | World Expo Area Shanghai, Pudong Celebrating the completion of a building’s roof truss by holding a roof topping ceremony is a long-established tradition in Germany. Commissioner General of the German Pavilion, Dietmar Schmitz from the Federal Ministry of Economics and Technology, invited friends, project partners and Chinese construction workers celebrate this occasion. It was a true German-style roof topping ceremony complete with topping-out wreath, speech and tinkling of glasses, attended by over 600 guests on a sunny and bright day. Photos courtesy of Köln Messe Welcome Back Party 29 th August 2009 | German School Shanghai @ EuroCampus An impressive 839 guests joined for a sunny afternoon and evening of fun at the German School Campus in Qingpu. Kids loved the Bouncy Castle and Gingerbread Hearts Decoration station, while parents appreciated the impressive food court and Rock tunes of Studio 188. 58 October - November 2009 www.china.ahk.de InterChamber Mixer @ Kunshan Beer Festival 2009 2nd September 2009 | Bräugaudi – The German Tent This time the popular InterChamber Mixer was held at the German Tent and brought together a good crowd of international beer lovers and networkers. Member ’s Day @ Kunshan Beer Festival 2009 4th September 2009 | Bräugaudi – The German Tent As in previous years, GCC ● Shanghai invited its members to a very special evening in Kunshan. Plenty of emptied beer mugs, conga lines and stage action heated up the tent and made members dance on their benches. 2009 October - November 59 CHAMBER NEWS SOUTH CHINA PAGES GCC BOARD Lufthansa German Airlines General Manager, Southern China Mr. Nico Beilharz* Chairman German Chamber South China Executive Director Delegation of German Industry & Commerce South China Delegate & Chief Representative Ms. Alexandra Voss* TCA Ltd. The Cable Assembler Dongguan CEO/President Mr. Frank Jaeger Siemens Ltd. China Energy Sector - Power Transmission Transformer | VA TECH Elin Transformer Guangzhou Co. Ltd. General Manager Mr. Dirk Soete C. Melchers GmbH & Co. KG Guangzhou & Chongqing Representative Offices Inspirion GmbH Guangzhou Representative Office Chief Representative Ms. Renate Tietjen Running a Compliant Business GCC l South China’s latest Legal Roundtable in Guangzhou picked up on a sensitive aspect of doing business in China. Jeremy Sargent of JS Associates, reported on current legal frames of corruption and their practical relevance in China. As a second speaker, Mr. Stefan Hoffmann-Kuhnt, Vice President and Regional Compliance Officer of Siemens in China, introduced the compliance programme of the German multinational. Mr. Sargent started with an overview of the legal regulations and their implementation in cases of bribery, pointing out the particular problems foreign companies are sometimes facing. Common practices of making gifts or giving advantages to clients can be seen as acts of bribery in legal terms. Since such acts of hospitality are of high importance in Chinese business conduct, companies are often confronted with the dilemma of committing bribery or facing disadvantages on the market. Mr. Sargent illustrated the consequences of detected cases of bribery. The confiscation of documents and “illegally earned income” through the State Administration of Industry and Commerce, SAIC, can lead to severe problems or even financially ruin a company. Although Chinese authorities are beginning to implement strict policies against corruption, Chinese law acknowledges the importance of hospitality in Chinese business relations. Advantages based on reasonable and justified economic Certified for Success in Taiwan and North America Certification Seminars Shenzhen and Zhongshan SOUTH CHINA According to the notice of the China Taiwan Ministry of Economic Affairs from 1st July 2009, all products entering Taiwan must be in line with electromagnetic compatibility and safety regulations. They must conform to safety, EMC and related testing before being sold in the market. * All-China Board member 60 October - November 2009 Organised jointly by TÜV Rheinland and the German Chamber of Commerce l South China, the Taiwan BSMI (Bureau of Standards, Metrology and Inspection) and North America cTUVus, Certification seminars were held in Shenzhen and Zhongshan. Experts from TÜV Rheinland Taiwan and the North America Market Access Team shared their know-how on the Taiwanese and U.S. legislation on consumer product safety market access. Application process and documentation requirements were also introduced to participants. One Stop Solutions – International Approval was the most widely asked topic by the more than 80 participants during the Q&A sessions. Event: Taiwan BSMI and North America cTUVus Certification Seminar Date: 13th August 2009 in Shenzhen, 14th August 2009 in Zhongshan Speaker: Ms. Jessie Meng | International Access Manager, TÜV Rheinland South China www.china.ahk.de s in China Legal Roundtable Guangzhou facts can be considered as discounts or commissions. Low value promotional gifts can also be made to business partners and clients, but the line between lawfully made low value gifts and bribery is a fine one. The granting and receiving of advantages and gifts must therefore be carefully monitored to prevent legal consequences. Following the legal roundup, Mr. Hoffmann-Kuhnt presented the Siemens Compliance Programme to show how compliant business can be realised. He gave detailed insights into the structure and organisation of the programme, which had developed after first corruption charges occurred in November 2006. Since then, compliance is a top priority for Siemens and is handled with utmost sensitivity. Compliance offices were established all over the world and operate in three stages to prevent, detect and respond to cases of corruption. Although the compliance offices have the right to screen and eventually disapprove clients, Mr. Hoffmann-Kuhnt emphasised that the most important aspect of the programme is to train managers in compliance sensitivity. Only when managers and employees with close customer contact are familiar with prevalent regulations, can corruption can be tackled effectively. As a leader in international business compliance, Siemens now cooperates with other major companies to draw compliance guidelines and supports small and medium-sized companies in creating compliance standards. During Q&A some participants expressed their skepticism on whether SMEs would be able to cope with such strict compliance policies as Siemens. Mr. Hoffmann-Kuhnt was able to calm their worries in sharing positive experience with customers in China. Most of them react very positively to strict hospitality policies and screening processes. Customers feel more secure about the business transactions, and their reputation is rising when they Event: Legal Round table – Running a are being rated a Compliant Business in China ‘good business partner ’. The audience Date: 3rd July 2009 joined into a lively discussion with Speakers: Mr. Jeremy Sargent | Founding the speakers about P a r t n e r, J S A s s o c i a t e s ; M r. S t e f a n the pros and cons Hoffmann-Kuhnt | Vice President and of the compliance Regional Compliance Officer, Siemens Ltd. programme and China benchmarked their own experience in Chair: Ms. Regina Wang | Project the Chinese business Manager Investment and Legal environment. Consultation, German Industry & Commerce Guangzhou Branch Events Networking Drinks Exhibitions Business Roundtable Interchamber Events Galas Sporting Competitions Oktoberfest Special Events Services Market Research Mediation and Legal Advice Office in Office Business Partner Search Interpreter Services Address Research Trade Fairs Management and Vocational Training German Chamber of Commerce · South China 中国德国商会·华南区 YOUR BUSINESS PARTNER IN SOUTH CHINA Y E A R LY PA R T N E R S 2 0 0 9 Publications All China website GC Ticker BusinessForum China SouthChina Flash Surveys and Studies Analysis Membership Directory Online Directory Benefits Consulting and Support Lobbying Dialogue with German and Chinese Officials Cooperation with Trade Associatons Web Information Portal Preferential Fees for Events Discount on Publications and Advertisements Promotion of New Members w w w. c h i n a . a h k . d e 2915 Metro Plaza, 183 Tianhe Road (N), Guangzhou 510620, P.R. China T: +86-20-8755 2353 | F: +86-20-8755 1889 | E: [email protected] 217 Chinese Overseas Scholars Venture Building, Shenzhen Hi-Tech Industry Park, Shenzhen 2009 October - November 61 CHAMBER NEWS SOUTH CHINA PAGES Crisis Requires Effective Management Training HR Roundtable Guangzhou The German Chamber of Commerce l South China launched its first HR Roundtable just before the summer break. The purpose of this gathering is to provide a frank and open forum on HR related topics of German companies in South China, and to analyse the best ways to handle these issues in daily HR operations. Ms. Brigitte Neumann, Training Consultant and Ms. Joyce Situ, Manager of Training & Development at OSRAM China Lighting gave presentations based on their counseling and first-hand operation experience. concerned best training techniques and practices. In response to the positive feedback, further HR Roundtables will follow in South China. About twenty HR managers and executives from German companies in Guangzhou and Foshan attended the event and took active part in the following Q&A session. Defining training needs and training implementation procedures, especially for managerial staff, was the main focus of the event. In light of the economic downturn, the challenge of running trainings on limited budgets with effective working improvements in return was a primary concern for the HR executives. Ms. Situ provided insights into the training management circle and programmes at OSRAM. Most of the questions raised Event: HR Round table – Defining and Implementing Effective Management Training NEW MEMBERS Date: 25th June 2009 Speakers: Ms. Brigitte Neumann | Training Consultant; Ms. Joyce Situ | Manager of Training & Development, OSRAM China Lighting Ltd. Chair: Ms. Xenia Deng | Project Manager Training, German Industry & Commerce Guangzhou Branch For full contact information and company profils of our new and existing members please visit www.german-company-directory.com SOUTH CHINA Mr. Chris Eberle Business Manager CCJK Technologies Co. Ltd. Shenzhen ' 0755 8611-7878 * [email protected] www.ccjk.com Mr. Tony Liu General Manager MBK (HK) Ltd. Guangzhou ' 020 2282-9229 * [email protected] www.mbklife.com Mr. Johannes Frühauf Bridge Supervision Engineer PEC+S Germany Planning Engineering, Consulting + Service Ltd. Guangzhou ' 020 8152-8605 * [email protected] Mr. Cornelius O. Mueller Owner Sinoland Worldwide Ltd. Shenzhen ' 0755 2681-2009 * [email protected] www.sinolandquality.com Mr. Andreas Krause Executive Vice President Mr. Mark Lüddecke Executive Vice President Shunde Kautex Plastics Technology Co. Ltd. Foshan ' 0757 2733-0922 * [email protected] www.sdkautex.com Mr. Jens-Uwe Neubauer Guangzhou ' 137 0291-5759 * [email protected] Mr. Louis Leung Deputy General Manager Guangzhou Guangya Messe Frankfurt Co. Ltd. Guangzhou ' 020 3825-1558 * [email protected] www.messefrankfurt.com.hk Mr. Henry Liao Guangzhou ' 020 3810-3699 * [email protected] 62 October - November 2009 Mr. Josef Niedermeier General Manager Guangzhou OE Shoe Materials Co. Ltd. Guangzhou ' 020 3990-7993 * [email protected] www.omnipel.com Mr. Rainer Opolka CEO LED Lenser Corp. Ltd. Yangjiang ' 0662 660-5078 * [email protected] www.led-lenser.com Dr. Martin Sonnek Technical Director Leopard Science & Technology Co. Ltd. Shenzhen 0755 8147-6274 [email protected] www.leostech.cn ' * Dr. Martin Sonnek Region Manager MDSS China Shenzhen ' 0755 8147-6274 * [email protected] www.mdss-china.cn Dr. Martin Sonnek General Manager South East Consulting Co. Ltd. Shenzhen ' 0755 8147-6274 * [email protected] www.southeastcons.com Mr. Horst Stadler General Manager DEinternational Ltd. Taipei ' 0886 2-2509-3980 * [email protected] www.deinternational.com.tw Ms. Dolphin Wang Chief Manager of China Starbox China Ltd. Dongguan ' 0769 8212-7277 * [email protected] www.starboxchina.com Dr. Roland Wein Director German Trade Office Taipei (GTO) Taipei ' 0886 2-2506-9028 * [email protected] www.dwb-taipei.org.tw Dr. René F. Wilfer General Manager DG PIKO Model Manufacturing Ltd. Dongguan ' 0769 8186-6863 * [email protected] www.piko.cn Mr. Jürgen O. Wöhler Secretary General Executive Director Korean-German Chamber of Commerce and Industry Korea ' +82 2 3780-4600 * [email protected] www.kgcci.com Ms. Ray Xu Assistant General Manager BALtrans International Cargo Ltd. Guangzhou Branch Guangzhou ' 020 2883-5008 * [email protected] www.baltrans-exhibition.com Ms. Susanne Zhang Pongratz Chief Representative Raiffeisen Zentralbank Österreich AG Zhuhai Representative Office Zhuhai ' 0756 323-3500 * [email protected] www.rzb.at Mr. Eckhard Zink Shenzhen ' 0755 8950-1914 * [email protected] SOUTH CHINA AROUND TOWN www.china.ahk.de Oktoberfest Guangzhou 2009 15th-19th September 2009 | China Hotel – A Marriott Hotel, Guangzhou The 5th annual Oktoberfest brought five unforgettable nights of German beer, food and music to Guangzhou with the Münchner Musikanten rocking the crowd. China Hotel – A Marriott Hotel and the German Chamber of Commerce l South China thank their sponsors: TÜV Rheinland, Siemens, BMW, Lufthansa, Herrenknecht, Jade Cargo, The Garden Hotel, Trolli, MBK Germany and i-tect advertising. 2009 October - November 63