Rover Spots: Asia Buinsess & News from China

Dear Sir / Madam:

I hope this email finds you well.

My name is Oliver Haiqing Hua, an Economist, Business Consultant, Report Writer from China. Please allow me to bring my best regards to you, your family, and your business.

According to analysis, that if China keep 8% annual GDP growth rate, by the year 2020, China's GDP will reach $ 12 trillion; the United States GDP is now $ 14 trillion, assuming an annual l GDP growth rate of 3%, by the year 2020, it will reach $ 18 trillion, China's GDP is still smaller than the United States. However, there is another very realistic assumption that in the next 9 to 10 years, the RMB appreciation will be at least doubled against the U.S. dollar, so that China's GDP will be more than the United States by 2020.

At present, what China should be in real concern is the middle-income trap. Some traditional industries in the western countries, in terms of China, are still the emerging industries, such as financial services, health services, health care industries, these industries will certainly have to take off, and there are many appropriate brands appear, and go hand in hand with the rising of such industries in the proportion of the economy. These are some of China's economic transition signs in the future. The success of such transformation in the end, is mainly depend on whether if China can create its own core technologies, own core brands, which is enormous challenges the Chinese entrepreneurs face in the next 10 years, which are the Chinese opportunities for the visionary foreign companies.

Therefore, I would dare to suggest you to use me to report on your behalf for the news and critics from China since there are so many actions happens daily in China and many things are only available in Chinese and many of them would be interesting for your audience, your clients to know, and I have the experience and skill to report on the most interesting stories for your publication or your services or your circle.

I can do a lot of things, and I need a good opportunity and steady growing income. I am now working with two magazines as their free lance reporter, and I am hosting some blogs to spread my services. I would welcome more work opportunity, China is a destination of many global company, and they need information from China, they need to spread their news into China. I hope you can see where I can be utilized in your business growth.

Please visit my blogs to know more about me:

Presently, I have been working for the following organizations as their reporter, representative, or business advisor in China on a freelance base:

China Representative: http://www.wtcindustries.com
China Representative: http://www.jeccomposites.com
China Representative: http://www.abnnewswire.com
China Representative: http://www.caraway.ie
China Representative: http://www.intlmonetary.com
China Representative: http://www.amscorp-capital.com
China Representative: http://www.fspfinancial.co.nz
China Representative: http://info.eb5info.com/
China Representative: http://eb5visausa.cn/
Business advisor:       http://www.chinaluxurysummit.com
Business advisor:       http://www.cdmc.org.cn
Business advisor:       http://www.clia.org.cn/

I can also provide China industry reports in a structure on the link below:
http://chinaexclusivereport.blog.com/2012-2016-china-industry-prospects-and-investment-analysis/

I have educated and worked in China and Canada. I have systematic knowledge of logistics, accounting, finance, investment, and marketing. I have experience in engineering projects for a broad range of industries. I have strong analytical and quantitative skills. 26 Years Expertise: Economics, Government, Technology, Industries, Marketing, Finance, R&D, Networking, Sourcing, Investigation, Management, Distribution, Sales, Inspection, Technical Support, Reports Writing, Publishing, Teaching ... ...

I have excellent organization, negotiation, verbal and written presentation skills, and extensive IT skills. Recently, I have worked as an independent business consultant for Kam controls, Willburt company, United Rotary Brushes, Top Technology, have contributed the business start up in China , marketing effort in USA , Asia, and Europe.

My successful customers include Oil industry, Military, mobile communication, electronics, civil, construction, Chemical.I am specializes in market research and consulting service for enterprise marketing. I have provided special market research services like competitive information, competitive strategy, product testing, brand construction, satisfaction research, mystery customer, store monitoring, and advertisement effect evaluation in more than 20 industries, including IT, communication, home appliance, automobile, real estate, pharmaceutical, energy, chemical, finance, and manufacturing, etc.

I have provided management consulting services for 50 enterprises. The industries served include real estate, power, chemical, steel & iron, furniture, food, mechanical, finance, engineering, garment, tourism, agriculture, electronics, and logistics, etc.

The areas served include management consulting on enterprise strategy and its implementation and consulting on marketing management, business process, human resources management, SMB development, and investment, etc. These experiences provide me with extraordinary capacity on management consulting. With the accumulation of consulting results, we are capable of providing enterprises with comprehensive management solutions on a large scale.

To create the broadest international vision together with the companies with a farthest plan for globalization and international development. To promote the "management transformation" of enterprises, to upgrade their management capacity, and to work together with our customers for creating first class enterprises. To provide you with sound foundation for decision-making and management consulting for planning your business in a long term through market research.

I believe I would be a good match with your company and that I would be able to live up to your expectations. I sincerely hope you look upon my application favorably.

Kind Regards,
Oliver

Oliver Haiqing Hua
email: haiqing1@yahoo.com
Skype: oliverhua1
cell in China: +86-137-01879982

I strongly believe what they said in their website: "If you leave this subject for another day, when you have time for it, then most likely you will never get around to it until it is too late. Too late, is when you realize that you should of done this a long time ago. Too late, is when you realize that your competition has overtaken you. Too late, is when your business stops growing and you start to thinking of letting people go. There is no need to let things go that way. "

As the demand from China for natural resource grows, opportunities arise in connecting quality projects and companies in the resource sector to Chinese capital. We believe there is a missing link between many investors in China and Hong Kong and investing opportunities in the global resource sector. GCFF Shenzhen - Global Resource Investment Conference is set to bridge this gap and become the premier mining & energy investment event in Greater China. This event will act as a platform to benefit private and institutional Asian investors and international mineral exploration and development companies, thereby creating more cross-border opportunities for the flow of capital.

In the past 10 years, China's GDP got fivefold, while the A-share index rose only 30%, but the Chinese real estate prices have gone up 5 to 8 times, which is the reason causes investors to flock into the real estate due to the unsatisfactory performance. More and more Stock liquidity supply, more and more companies listed, more and more restriction removals, the stock price will be going down. Overall, China's social savings rate is still too high. When the domestic social security system, medical system are in good shape, the national wealth in cash holdings will come down, there will be more and more money come into the stock market driving up the market in China.

China - which consumes about 40 per cent of the world's main base metals - has a much stronger influence in the world's market. It was China's voracious appetite for commodities that helped pull the global economy out of the recent recession.
Canada is now approved as an investment destination for China, seen as the access to the new flow of up to $8 billion in capital. The China Banking Regulatory Commission has designated Canada as a destination for Chinese banking wealth management business under China's Qualified Domestic Institutional Investor (QDII) program, Canadian Finance Minister Jim Flaherty said in a statement that the agreement will give Canadian financial markets access to up to $8 billion in investment capital.

For the next three years, investors see cities and clusters in China, India, and CEE as the most attractive options for future manufacturing, research and development (R&D) and services projects. As the world emerges from the crisis amid aftershocks, multinationals and midsize players are reconsidering cross-border investment strategies as they adapt their business models to the global changes.

China's rapid development over the past 30 years shows some ways to attract investment. Earlier policies to create some special zones in China, such as Shenzhen and Shanghai, with advantages like HR transferring, low taxes in early years, strong support and rapid government decision-making have been very beneficial. This system attracts investment, with a snowball effect.

We understand our clients´ concern for results and thus reliability, trustworthiness and performance are key elements in the relationship. Reports, worksheets, conference calls and personal visits to expand awareness and exposure of your products in China.

Outsourced sales and marketing tasks are professionally executed. We know how to conduct, perform and be successful. We understand the art of opening doors, creating an atmosphere of trust and commitment and to open doors for a future co-operation.

Sales agents play an important role when enhancing your presence and stimulating sales. Depending on the size of the region and the industry sales agents maintain your daily contact with buyers and consumers, collect purchase orders, manage your deliveries and support resellers with their marketing. In some regions we even advise to work with sales agents performing logistic activities rather than with distributors.

We understand it may be difficult to find these necessary business partners though. In most cases they are not listed in a book and different languages may prevent you from locating them easily. Benefit from the network in this case.

If you need a local sales agent to help you grow your business in a European country, gladly identifies them for you, introduce them, screen them and thus help you expand your business. We gladly help you scout agents as in some European countries you'd better work with an agent than with a local distributor or reseller.

Golden Age of Chinese Money

China's M2 has surpassed total sum of Japan the and U.S.A. and become the world's largest money country, M2 is 1.8 times the GDP, while the U.S. M2 is 0.8 times the GDP, which is one of the reasons why China price continuously increases.

Inflation, the ultimate means for the predatory wealth of "money printing class"

National wage income share of GDP, the highest is in Europe and America, about 55%, an average of 38% in South America, 28% in Southeast Asia including the Philippines, Thailand, the Middle East is about 25%, 20% in Africa, and China is 8%, the global lowest.

Average hourly wage, Germany, $ 30 / hour, the United States, 22 U.S. dollars / hour, Thailand is $ 2 / hour, China is $ 0.8 / hour, less than 15% of the world average, and the Chinese people work the longest hours, about 2200 hours per capita year.

Price, 97 # gasoline is 1.3 times the U.S., movie ticket is twice the U.S., Armani suit is three times the United States, BMW Z4 $ 90,000 in China, while the United States is US$ 30,000, Levi's jeans, seven times the U.S. price. Housing prices have already been a number of times far more than that of the United States.

Chinese are most laborious, make least money, and pay highest price.

China Academy of Social Sciences reports that in 2009 China's fiscal revenue accounts 30% of its GDP, in October 2010, the national fiscal revenue break over 7 trillion, nearly doubled the GDP growth, "Eleventh Five-Year" fiscal revenue grow 950 billion Yuan twice the GDP growth rate. In 2006, China's fiscal revenue has surpassed Japan, and the same year Japan's GDP is twice more than China. The end of 2009 the World Bank released a China's economy report that, from 1995 to 2007, remove the inflation component, the government revenue increased by 5.7 times, while the per capita disposable income of urban residents grew by only 1.4 times, rural residents net income is only 1/7 to 1/3 of the urban residents.

Now the statistics:

China's per capita national income is $ 1,090, ranking the world's first 100.

Central Bank data, in 2005, the amount of 96.18% China's deposit are 50000 or less.

Recent 10 years, corrupt officials transferred $ 50 billion assets overseas.

In 2007, the Beijing-Shanghai high-speed rail investment budget increased to 220 billion Yuan.

In 2008, Central Government introduced 4 trillion investment plans.

In 2008, China has exempted 46 countries, more than 40 billion debts.

In 2009, China has exempted32 countries 150 debts.

In 2009, China's aid to Africa reaches 76 billion Yuan.

In 2009, China accumulated assistance to the DPRK had reached 800 billion Yuan.

In 2009, the cumulative purchases of U.S. Treasury bonds reached $ 810 billion, total foreign debt reached up to $ 2 trillion!

In 2009, China's "Three public consumptions" reached 900 billion Yuan annually.

In 2009, Shanghai 5000 sign replacement cost 200 million, an average of 40,000 Yuan each sign!

In 2009, China's total loans reach nearly 10 trillion Yuan.

In 2008, the Beijing Olympic Games cost a total of 300 billion Yuan.

In 2010, Shanghai World Expo cost a total of 400 billion Yuan

In 2010, the Shanghai-Hangzhou maglev cost $ 35 billion.

In 2010, China pledged 70 billion investment plans for North Korea.

2010, U.S. Fannie Mae, Freddie Mac delisting, China lost hundreds of billions of dollars.

May 27, 2010 issue of "Social Science Daily": 2009 National stability maintenance budget reached 514 billion Yuan, more than a year's defense budget 480.686 billion Yuan.

Compare with the following data:

In 2010, in the five provinces southwest drought affected 60 million people, central government funding only 160 million and call for nationwide donations.

In 2010, 22 million people were affected by heavy rainfall in Jiangxi, Ganzhou appropriated 600,000 Yuan emergency funding.

In 2010, Deputy Health Minister Huang Jiefu said, universal free medical care each year needs 160 billion, China does not currently have the economic strength.

Government's administrative expenses accounted for 20% of revenue, 10 times that of Japan, twice the United States. At the same time, the government spending in people's livelihood is significantly behind, in 2009 China's fiscal revenue 6.85 trillion Yuan, health care, education, social security, employment, spending accounted for only 14.9%. In contrast, the United States this proportion had reached 61%.

Financial ratio for health care, India is 2 to 3 times that of China, the United States is five times more than China. In United States, Germany, Russia, the welfare, social security expenditures account for 55% to 60% of the fiscal expenditure, while China is only 15%. Another report that: China's health spending accounted for only 2% of the world, the Chinese people's livelihood expenditure to GDP ratio is the world least.

2005 "Forbes" magazine published a "global tax burden index report," China was listed as the second. 2007 to 2009, macro tax burden reached 31.5%, 30.9%, 32.2%.

China's 30 years economic growth is at the expense of low-wage, low benefit, high prices, high taxes, environmental damaging, demographic dividend (squandered that part of wealth should be used to support the descendants).

Contemporary China: Socio-Economic Systems

In the Chinese social system, there are three citizens' statuses: peasants, workers, cadres. Peasants are administrated by the Ministry of Agriculture, workers are managed by the labor bureaus, and the cadres are with the Personnel Bureau, relative to the cadres, the first two statuses are known as masses. From 1949 to 1992, the social status was mainly determined by such identity, after 1992, the social statuses are determined by the wealth.

Bureau of Statistics 2007 data, there are 737 million Chinese farmers (including 220 million migrant workers), 29 million the state-owned enterprises workers, 10 million large collective workers, 160 million of non-state economy (foreign, private, joint-stock enterprises, urban unemployment), all together are about 9.4 million population.

1997 data, there are 40 million cadre status (central government freeze the number of cadres in 40 million), 5.7 million civil servants, 28 million professional and technical personnel. In the 40 million there are 16 million party members. China now has about 10 million private entrepreneurs. 25 million quasi-cadre files in the job market have not entered the cadre status in the Personnel Bureau (once admitted to the university, the person has a cadre status but did not employed by the state enterprises, the person's file will be filed in the talent market.) The total number of these three is 75 million people, 5.8% of the total population, which is a small probability event. The fifth national census in 2000 shows there are4571 million people received a college education, 3.5% of the total population, as of 2009, the total number of the post-graduate are about 5 million, accounting for 0.4%.

Professional and technical personnel (teachers, doctors, engineers, accountants, lawyers), are accounting the proportion about 5.1%of the social class structure, the total number of doctors is about 5 million, 0.4% of the total population. In general, the treatment of technical personnel in China or in their own sense is just like the senior technicians, far from being due respect, or even the least fairness.

At the end of 2005 the national population of aged over 65 is about 100.55 million, 7.7% of the total population, China has entered into the aging society, and the aging degree of Shanghai is about 20%. Take China 2000 census as a benchmark, the total 0 to 15-year-old Chinese male population is 18.83 million more than the women with the same ages, it is expected that by 2020, in the marriageable population in China there would be 40 million more men than women. The end of 2005, there is a total of 8296 of people with all kind disabilities in China (including mental disabilities), accounting for 6.34% of the total population, involving 70.5 million households, accounting for 17.80% the total number of households. Human Resources and the Minister of Social Security predicted in 2009, there are more than 24 million unemployed.

There are total about 70 million party members, in slight fluctuations with CPI; relative to party members, non-party members are called "the masses", and the word "masses" in Chinese character pictographically means the sheep of the king, the source of taxes and soldiers, generally means the need for someone to lead the mob. There are around 2.3 million Air force, Navy, and land troops active on duty, about 1.2 million the total number of armed police, armed police internal security forces total strength is 80 million, about 1.6 million the total number of police officers, more than 670 prison, more than 1.5 million offenders in custody.

There are 21 million Chinese people in absolute poverty with annual income of less than 683 Yuan, and 200 million low-incomers with annual income of less than 958 Yuan.

As the urban-rural divide, the gap between large, medium and small cities, the specific division of work environment, everyone are experiencing basically almost the same with their own, and generally 18 to-34 year olds (without a good family background) is basically the most difficult section on the road, also with the highest suicide rate in all China's populations.

Contemporary China: 10 Social Categories & Five Socio-Economic Classes

Ten social categories (based on differences in resource ownership):

(1) state and social management category (with organizational resources) is about 2.1% (1-5% in the cities, 0.5% in the urban and rural integrating administrative areas); refers to the party and government, business and social groups leading executives cadres exercising real authority and the management functions in the administrative unit including: central government ministries and municipalities practical administration of the division level and above executive-level cadres; cadres in provinces and regions practical administration of the township administrative section level and above, this category is currently account for the proportion of about 2.1% in the social class structure.

(2) managerial personnel (with cultural resources or organizational resources), 1.5% (up to 9% in some cities); refers to the senior and middle management staff in the state-owned, collectives, private and joint ventures, wholly foreign-owned large and medium enterprise, this category is accounting for the proportion of about 1.5% currently in the social class structure.

(3) private entrepreneurs (with economic resources), 0.6% (private sector takes up to 3% in developed regions, 0.3%in less developed areas); the persons making profit with a certain number of private ownership of capital or investment in fixed assets, in accordance with existing policies and regulations, those include private enterprises with more than 8 employees. This category is currently accounting for the proportion of about 0.6% in the social class structure.

(4) professional and technical staff levels (with cultural resources), 5.1% (10-20% in large cities, 1.5-3% in urban fringe areas); refers to the various economic agencies (including state organs, party and mass organizations, national enterprises, collective enterprises, and various non-state, or public ownership enterprises) specializes in a variety of professional works, scientific and technical staff, this category is currently accounting for the proportion of about 5.1% in the social class structure.

(5) the staff levels (with minor cultural resources and organizational resources), 4.8% (10-15% in urban area, 2-6% in urban fringe areas); refers to full-time office staff assisting the department in dealing with day to day administrative affairs, mainly the low-level clerical staff in party and government organs in the civil service, enterprises of various ownership and mainly of primary non-professional management. This category is currently accounting for the proportion of about 4.8% in the social class structure.

(6) individual businesses (with minor economic resources), 4.2% (the actual number is more than the registered number); the persons with private ownership of small amount of capital (including property) involving in production, circulation, services and other business activities or financial bond market to make a living. Such as individual business owners or micro business (owners have sufficient capital to hire labor but also directly involved in labor and production), self-employed business people or self-employed workers (with sufficient capital to open their own business but do not employ other workers), and small shareholders, minority shareholders, owner of small rental housing, etc., this category is currently accounting for the proportion of about 4.2% in the social class structure.

(7) business services staff levels (with a small amount of the three resources), 12%; refers to the non-professional, non-manual and manual staff in the commercial and service sectors, this category is currently accounting for the proportion of about 12% in the social class structure.

(8) industrial workers (with a small amount of three resources), 22.6% (of which 30% of migrant workers); refers to the physical, semi-manual production workers, construction workers and related personnel in the secondary industry, this category is currently accounting for the proportion of about 22.6%in the social class structure.

(9) the peasant (with a small amount of three resources), (44% in 1999); one of the largest category in China, refers to farmers with the collectively owned farmland contracted to agriculture (forestry, animal husbandry and fishery) industry as the sole or main occupation, and agriculture (forestry, animal husbandry and fishery) industry as the sole source of income or principal source of income, this category accounts for about 44% of China's total working population now.

(10) Urban and rural jobless, unemployed, semi-unemployed category (with no resources), 3.1%. refers to the working age population with no-regular employment (excluding students), this category is currently accounting for the proportion of about 3.1% in the social class structure.

Five socio-economic classes

(Classified according to family income or monthly income per capita)

(1) The upper social strata: high-level leading cadres, big business executives, senior professionals and large private entrepreneurs;

(2) Upper-middle-level cadres, middle managers of large enterprises, SMEs managers, mid-level professional and technical personnel and medium business owners;

(3) Middle-middle class: junior professionals, small business owners, officers, individual businesses, senior technicians, large agricultural operations;

(4) Lower class: individual service providers, workers, peasants;

(5) Bottom class: workers living in poverty and lack of job security, peasants and joblesses, unemployed, underemployed workers.

China Middle Class Definition

There is a popular definition on middle class in China: they are mainly engaged in mental work, making a living mainly by wages and salaries, general well-educated, with professional knowledge and strong professional capability as well as the corresponding household consumption level; with certain leisure time, pursuing quality life, generally with certain management rights and control rights towards their work objectives. At the same time, most of them have good citizens, civic awareness and the corresponding self-cultivation. In other words, from the economic status, political status and socio-cultural position of the point of view, they are living in the middle level of society at current society - this is a seemingly clear, but in reality, vague definition.

Another article proposed the top ten symbolic about middle class: 1, annual income is about 200000 Yuan; 2, owning stocks or holding options; 3, owning chalets or villas, and a nice-looking car; 4, with wealthy and colorful nightlife, not necessarily nightclubbing or mahjong playing, usually business negotiation or a concert; 5, a foreign identity or at least more than three years spent in foreign countries; 6, kin to ancient culture, world ancient civilization, especially the antiques; 7, knowledge of manners, American style, European worshiping; 8, knowledge of the latest staged opera and ballet; 9, often talking with mixed foreign words, which shows a difference much confusing the Chinese audience; 10, dress casually, not just ordinary, but a very deliberate casual.

Seemingly very clear definition, and interesting elaboration, but still a conception to be discussed amongst the sociologists in China and around the world since it is truly an important topic ever progressing and changing with the social, economical, politic development in China and around the world, as there are so many unpredictable events both natural and civic happens daily around us, Iraq a few years back, Syria a few days gone by, now is the Egypt, Greek, Italy: war, and peace, rocket and monetary, all mixed up stirred in a cup of coffee with the smoke curling arise, a smoggy air around the concept and definition of the Chinese Middle Class as a population, or as a group of people with or without power, strolling on the Wall Street, or in Tiananmen square, just like 12 years back with tank and bullets, blood and wounds everywhere.

Rover Spots

17 February 2012

Asia Buinsess & News from China

Golden Age of Chinese Money

China's M2 has surpassed total sum of Japan the and U.S.A. and become the world's largest money country, M2 is 1.8 times the GDP, while the U.S. M2 is 0.8 times the GDP, which is one of the reasons why China price continuously increases.

Contemporary China: Socio-Economic Systems

Contemporary China: 10 Social Categories & Five Socio-Economic Classes

China Middle Class Definition

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