2020年9-10月洞察月刊

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2020年9-10月洞察月刊

 

 CORNERSTONE

 I

 NT

 E

 R N

 AT

 l

 O

  N

 A

 L

  G

  R

 O

  U

 P

 Organizations

  engage

 Cornerstone to

 transition

 employees

 out

 with

 dignity

 and

 coach

 them

 through the

 job

 search

 process.

  TIMES

  WHEN

  OUTPLACEMENT

  WOULD

  BE

  APPROPRIATE

 • Realignment

 of

 resources

 requires

 the

 adjustment

 of

 staff

 to

 meet

 reduced

 workload.

 • Economics

 requires

 the

 reorganization

 of

 one

 or

 more

 business

 units.

 • Leadership

 recognizes

 the

 need

 to

 make

 specific

 team

 adjustments

 for

 fit

 or

 function.

 • Individual

 or

 individuals

 no

 longer

 fits

 the

 future

 corporate

 direction.

 5

 REASONS

 WHY

 COMPANIES

 ENGAGE

 CORNERSTONE

 1. Cornerstone provides

 experienced

 Certified

 Career

 Consultants

 &

 Career

 Transition

 Manuals in

 either

 Chinese

 or

 English

 for

 affected

 employees.

 2. Increased

 employee

 engagement.

 When

 the

 remaining

 employees

 see

 that

 a

 company

 cares for

 its

 people

 the

 employees

 perform

 better.

 3. The

 company

 reputation

 goes

 with

 the

 employee

 and

 his

 circle

 of

 friends.

 What

 will

 they

 say about

 the

 way

 they

 were

 treated?

 4. Protection

 for

 your

 company

 brand

 in

 the

 marketplace.

 5. Cornerstone

  offers

 a

 variety

 of

 programs

  to

 meet

 an

 employer’s

  specific

 needs.

 Programs can

 include

 Individual

 tailored

 Executive

 Level

 Outplacement

 &

 Professional

 Level

 Outplacement.

 REPUTATION

 ARE

 WORTH

 THE

 INVESTMENT

 CONTACT

 US:

 Simon

 Wan,

 Chief

 Executive

 Email:

 simon-wan@cornerstone-group.com Cornerstone

 International

 Group

 -

 Career

 Partners

 Website:

 www.cornerstone-group.com

 &

 www.cpiworId.com

 careerDartners

 C

 I

  T

 Ek

 AT

 11

  M

 A

 L

 OUTPLACEMENT

 CAREER TRANSITION

 COACHING

 FEA TURES INS IGHT

 The Journal of t he American Chamber

 of Commerce

 in Shanghai -

 September/October

 2020

  FEA TURES

  2020

 China

 Business

 R eport

 Highligh ts

 R e flecting

 the

 vie w s

 o f

 member

 c ompanies

 on

 perf ormanc e,

 r egula tion,

 C OVID- 19

 impact and

 more

 Do

 I t

 on

 Douyin

 H ow

 c ompanies

 can

 tak e

 adv an tage

 o f

 China ’ s

 mega-popular

 app

 Hybridiza tion in

 E duca tion H ow

 C OVID- 19

 ac c eler a t ed

 the

 mer ging

 o f

 online and

 o ffl ine

 w orlds

 Has

 Consumer

 Beha vior Changed

 in

 China ?

 On

 the

 gr o wth o f

 e-c ommer c e,

 thrift

 shopping

 and

 liv estr eaming

 The

 R igh t

 Elemen ts

 In t ervie w

 with

 Y oke

 L oon

 Lim,

 Pr esiden t,

 Gr ea t er

 China o f

 Do w

 POLIC Y

 PERSPE CTIVES

  China

 P ermanen t

 R esidenc y:

 A

 Primer

 Insigh ts

 fr om

 P W C

 on

 the

 applica tion

 pr oc ess

 and

 bene fi ts

 MEMBER

 NEW S

  L e v eraging

 China

 P artnerships

 in

 H ealthcar e

 AmCham ’ s

 H ealthcar e

 Committ ee

 e xpert

 c ouncil discusses

 r ec en t

 tr ends

 E v en t

 R eport

 Highligh ts

 fr om

 even ts

 o f

 the

 past tw o

 mon ths M on th

 in

 Pictur es

 Select ed

 pho t os

 fr om

 the

 past tw o

 mon th ’ s

 AmCham

 even ts

 Committ ee

 Chair’ s

 Corner

 With Juju

 W ang, chair

 o f

 the

 Art

 and

 Cultur e

 Committ ee

 M ee t

 The

 Winner

 o f

 Am Cham ’ s

 Social

 Impact

 A w ar d

 Q& A

 with

 Jill

 T ang, c o-founder

 o f

 Ladies

 Who

 Tech

 Special

 thanks

 to

 the

 2020

 AmCham

 Shanghai

 Pr esident’ s

 Cir cle

 Sponsors

  3

  23

  25

  27

  28

  30

  20

 05

  09

  12

  15

  17

 September

 /

 October

  2020

 CHAIRMAN’S NOTE

 JEFF

 LEHMAN

 Chairman o f

 The American Chamber o f

 Commerc e

 in

 Shanghai

  D u r i n g

  t he

  p a s t

  f

 i v e

  mo n t h s ,

  com - mu n i t y

  s p r e a d

  o f

  t he

  C O V I D- 1 9

  v i r u s h a s

  b e com e

  ne g l i g i b le

  i n

  C h i n a ,

  bu t i t

  h a s

  r e m a i ne d

  s t ubbo r n l y

  h i g h

  i n o t he r

  p a r t s

  o f

  t he

  wo r l d .

  A n d

  w h i le m a n y

  s e c to r s

  o f

  t he

  e co n omy

  he r e a r e

 r e bou n d i n g ,

 t he

 r e cov e r y

 co n t i n - u e s

  to

 l a n g u i s h

  i n

  m a n y

  o t he r

  cou n - t r i e s .

  A

  f u ll

  r e t u r n

  to

 n o r m alc y

  r e - qu i r e s

 a

 g l ob a l

 en d

 to t he

 p a n d e m i c .

  W h i le

 t he

 s umm e r

 s l i pp e d

 by ,

 A m - C h a m

 S h a n g h a i

 co n t i n u e d

 to

  p l a y i t s

  tra d i ti on a l

  r o l e

  i n

  s upp or ti n g

  i t s m e mb e r s .

  O ne

  p a r t

  o f

  ou r

  m i ss i o n i s

  to

 p r omo t e

  t he

  U S -

 C h i n a

  co nne c - ti on ,

  a n d

  this

 s umm e r

  th e

  C h a mb e r he l p e d

 ou r

 m e mb e r s

 pu r s u e

 a n d

 ob - t a i n

  p e r mis s i on

  f or

  th e i r

  e x e cu ti v e s to r een t e r

 C h i n a

 n o t w i t h s t a n d i n g

 t he c l o s e d

 bo r d e r s .

 W e

 h a v e

 a l s o

 wo r ke d w i t h

  a i r l i ne s

  a n d

  ou r

  t r a v e l

  a g en cy to

 he l p

  m e mb e r s

  r e s e r v e

  s e a t s

  o n comm e r c ial

 f

 l

 i g h t s .

  W e

  a l s o

  co n t i n u e d

  to

 g a t he r

  a n d d is tr i bu t e

  r e lia b l e

  i n f or ma ti on

  a bou t th e

 U S

 b us i ne ss

 comm uni t y

 i n

 C hi n a . I n

 t h a t

 v e i n ,

 t he

 C h a mb e r

 co n duc t e d this y e a r’ s

 a nn u a l

 C hi n a

 B us i ne ss

 C l i - ma t e

 S ur v e y

 e a r l y

 this s umm e r ,

 a n a - l y z e d

  t he

  r e s u l t s ,

  a n d

  p r oduc e d

  t he 2 0 2 0

 C h i n a

 B u s i ne ss

 R e po r t .

  Th i s

 i ss u e

 o f

 I ns ig h t

 in c l ude s

 a s umma r y

 a n d

 hi g h l i g h t s

 o f

 th e

 r e p or t t h a t

 i s

 w e ll

 wo r t h

 p e r u s i n g .

 I

 b e l i e v e e a c h

  r e a d e r

  w i ll

  f

 i n d

  s om e

  e le m en t o f

  t he

  r e po r t

  e sp e c i a ll y

  in t e r e s t ing, bu t

 t he

 f o ll ow i n g

 po i n t s

 s t r uc k

 m e

 a s p a r t ic u l a r l y

 s ign i f ic a n t :

  • A l mo s t

  8 0 %

  o f

  r e s po n d en t s

  w e r e p r o f i t a b le

 i n

 2 0 1 9

  • A l mo s t

 8 0 %

 o f

 r e s po n d en t s

 s a i d t h a t

 C O V I D- 1 9

 wou l d

 h u r t

 r e v en u e s i n

 2020

  • D es p i t e

  U S -

 C h i na

  t r ade

  t e nsi o ns , mo r e

 t h a n

 7 0 %

 o f

 r e s po n d en t s

 s a i d t he y

 do

 n o t

 i n t en d

 to mov e

 p r oduc - t i o n

 ou t

 o f

 C h i n a

  • W he r e a s

 s om e

 5 0 %

 o f

 r e s po n d en t s r e po r t e d

  p l a n s

  to

 i n c r e a s e

  C h i n a i n v e s t m en t

 i n

 2 0 1 9 ,

 o n l y

 a bou t

 3 0 % r e p or t e d

 s uc h

 p l a n s

 this y e a r

  • The

 p e r c en t a g e

 o f

 r e s po n d en t s

 r e - p or ti n g

  d i ff i cu l t y

  ob t a i ni n g

  ne c e s - s a r y

 l

 i c en s e s

 f e ll

 fr om

 a bou t

 55 %

 i n 2 0 1 9

 to a bou t

 4 0 %

 t h i s

 y e a r

  • S om e

  55 %

  o f

  r e s po n d en t s

  co n t i n - u e

  t o

  r e p or t

  d is s a tis f a c ti on

  w i th

  IP p r o t e c ti on

  Ov e r a ll ,

 I

 b e l i e v e

 t he

 C B R

 s uppo r t s th e

 conc l us i on

 th a t

 op e ra ti on s

 i n C h i n a

  r e m a i n

  ke y

  to

 ou r

  m e mb e r s ’ ov e r a ll

  bu s in e ss

  s t r a t egie s .

  D e sp i t e t he

  p a nd e m ic

 a nd

  ge opo l i t ic a l

  c h a l - le n g e s ,

 v e r y

 f e w

 a r e

 i n t e r e s t e d

 i n

 d e - coup l i n g .

  A f t e r

  you

  r e v i e w

  t he

  C h i n a

  B u s i - ne ss

 R e po r t ,

 I

 en cou r a g e

 you

 to b r ow s e

 t h r ou g h

 t he

 r e s t

 o f

 t he

 m a g - az i ne .

  Th r ee

  a r t i c le s

  a dd r e ss

  d i ff e r - en t

  d i m en s i o n s

  o f

  e - comm er c e :

  t he D uoy i n

 p l a t f or m,

 on l i ne

 e duc a ti on a n d

  th e

  e vo l u ti on

  o f

  C hi ne se

  con - s um e r

  b eh a v i o r .

  A n o t he r

  a r t i c le

  d i s - cu ss es

  C h i na ’ s

  p e r m a nen t

  r esi d en cy r e g u l a t i o n s .

 L a s t

 bu t

 n o t

 lea s t ,

 t he r e i s

  a n

  i n s i g h t f u l

  i n t e r v i e w

  w i t h

  Y o ke L oo n

  L i m ,

  t he

  G r e a t e r

  C h i n a

  P r e s i - d en t

 o f

 D ow .

  2 0 2 0

 h a s

 s u r e l y

 b een

 a n

 u n f o r - t u n a t e

  a n d

  c h a l le n g i n g

  y e a r .

  Le t

  u s a ll

 h op e

 th a t

 th e

 a u t umn

 se a son

 w i ll b r i n g

 us

 r e a son

 f or

 r ene w e d

 op ti - m i s m

 a s

 w e

 l oo k

 to t he

 f u t u r e .

 I

  4

 www.amcham-shanghai.or g

 FEA TURES T

 he

 annual

 China

 Business

 Cli -

  CHINA

 BUSINESS

 REPO RT

 HIGHLIGHTS

  S H A N G 10 H3. A 95 I

 103.95

 0

 103.95

 103.95

 Performance

 ma t e

  Survey ,

  c onduct ed

  this

 y ear be tw een

  June

  16

  and

  Jul y

  16,

  is one

  o f

  the

 longest

  running

  survey s

  o f US

  business

  in

  China.

  The

  2020

  r eport r e flects

 the

 vie w s

  and

  insigh ts

 o f

  346 members

 and

 measured

 tr ends

 in

 com - pany

  perf ormanc e,

  in vestmen t,

  the

 r ev -

 Revenue up 90% 80%

 70% Profitable Operating margins up

  78% enue

  impact

 o f

  C OVID- 19,

  supply

  chain and

 sourcing

 mo vemen ts,

 sta ff

 r e t en tion in

 ligh t

 o f

 US-China

 r ela tions,

 as

 w ell

 as the

 compe titiv e

  adv an tages

  o f

  Chinese c ompanies. 60%

 50%

 40%

  62%

 50%

 Pr o fits

 &

 r e v enue

 2011 2012 2013 2014 2015 2016 2017 2018 2019 e xpecta tions

 Pr o fitability

 in

 2019 r emained

 c onsist en t with

 pr evious

 y ears,

 with

 78.2% o f

 com - panies

  r eporting

 pr o fits.

  Ho wev er ,

  r ev - enue

  gr o wth

 estima t es

  f or

 2020

  w er e understandabl y

 w eak

  given

  the

 impact o f

 C OVID- 19

 on

 businesses

 in

 the earl y part

  o f

  the

 y ear .

  Onl y

  32.5%

  o f

  c ompa - nies

  e xpect ed

  t o

  see

  r evenues

  gr o w

 in 2020, versus

 last y ear’ s

 50.5% tha t

 f or e - cast

  gr ea t er

 r evenues

  in

  2019

 than

 in 2018.

 Co vid- 19

 r e v enue

 impact

 Among

  r esponden ts,

  78%

  o f

  c ompanies said

 their

 2020

 estima t ed

 r evenues

 ha ve been

  nega tiv el y

  impact ed

  b y

  C OVID- 19, with

  nearl y

  a

 quarter

 sa ying

  tha t

  e x - pect ed

  r evenues

  had

  decr eased

  mor e than 20%. Of those

 in

 the aut omo tiv e

 in - dustry ,

  95. 7%

 w er e

  nega tiv el y

 impact ed, f ollo wed

  b y

 88.9%

  in

  the

 educa tion

  ...

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