Archives March 2007

Citigroup hires Deutsche Bank China veteran

HONG KONG, March 26 (Reuters) – Citigroup Inc. (C.N: Quote, Profile, Research), the world’s top bank by market value, on Monday named Eugene Qian as a managing director in its China investment banking team, hiring him from rival Deutsche Bank (DBKGn.DE: Quote, Profile, Research).

Qian, who will report to Jing Zhao, Citigroup’s head of China investment banking, had been at Deutsche for four years, where he ran the bank’s Asian natural resources investment banking team.

Several senior bankers have switched jobs in Asia recently, as dealmakers traditionally switch firms after getting their bonuses early in the year.

Baxter aims to increase staff, investments in China

Baxter International Inc. will be stepping up its investments in China, hiring an additional 200 workers a year as part of a larger strategy to increase its international business, the company told analysts recently.

Baxter generated 56 percent of its sales from international operations last year.

Baxter’s international sales increased by 6 percent last year, to $5.8 billion. The firm’s total sales were nearly $10.4 billion.

The company also has more employees outside the U.S. Currently, about 1,500 of Baxter’s global workforce of 45,000 are in China.

Baxter has 18,500 workers in the U.S.

Baxter is not a traditional pharmaceutical company that makes pills and tablets. Rather, it makes money on medication delivery devices, genetically engineered blood therapies and dialysis medicines.

The emphasis on China did not get as much attention as Baxter’s overall plans announced last week to increase spending on research and development and to give consideration to acquiring companies in the $100 million to $500 million range.

However, many analysts have taken note of Baxter’s international plans in notes they have written in the week following the March 14 analyst meeting.

In particular, Baxter sees China as a growth market because dialysis rates are low, particularly for peritoneal dialysis, a form of in-home therapy.

Baxter, which sells intravenous systems, also sees a huge opportunity in medication delivery.

China is a country that still has hospitals that make use of glass bottles as containers for solutions and medications, instead of the plastic bags commonplace in U.S. health facilities.

“The company is investing in new low-cost products, clinical studies and marketing activities to position itself for faster growth in these countries as they come to appreciate the benefits of home dialysis,” said Ben Andrew, an analyst with William Blair & Co. of Chicago in a report he issued last Friday, two days after the Baxter analyst meeting.

The Deerfield-based medical products giant sees markets such as China, where per-capita spending is growing 10 percent or more annually, as critical to achieving a sales growth rate of 7 percent to 9 percent over the next five years.

John Greisch, corporate vice president and president of Baxter’s international operations, said fast-growing economies such as China’s are also expanding health insurance coverage of their citizens and increasing reimbursement to providers of medical care.

By comparison, the number of uninsured in the U.S. is rising while increasing numbers of workers are paying more out of pocket for their health benefits.

Baxter’s sales from China were about $150 million last year.

The company expects them to grow about 25 percent a year and approach $500 million annually by 2011.

China hopes to promote justice in employment by new law

by Ren Ke

BEIJING, March 10 (Xinhua) — Liu Dan, a final year student at the Capital Normal University in Beijing, has been job hunting since October last year. As a female student without any relatives in Beijing, she is finding it difficult to get employed.

“It’s really too difficult for me to find a job,” said Liu, “some employers turned down my resume just because I’m from Henan Province, some rejected me because I’m a girl, or they did not need undergraduates. Finally, I found an administrative job but one of the job requirements was that I must have relatives in Beijing as my guarantors — so I failed again.”

Liu’s experience is widespread in China, most people encounter discrimination when they are trying to find jobs. Gender, educational background, age and health conditions — such as carriers of Hepatitis B or HIV — all fall foul of discrimination on the part of prospective employers.

A questionnaire regarding job discrimination, which was made at the end of last year, revealed that 86 percent of interviewees thought discrimination exists in employment market, while 58 percent thought that this discrimination is of a severe nature.

However, this may all be set to change with the introduction of a new employment law by the Chinese government. The Standing Committee of the National People’s Congress (NPC) — China’s top legislative body — has recently examined a draft law on employment promotion for the first time.

The drafting of the law started in the second half of 2003 and, after repeated revision; the law is now on the agenda of China’s legislators. As chairman of NPC standing committee, Wu Bangguo said, since the law has close relations with people’s interests, the full text of the draft law will be published after the 5th plenary session of the 10th NPC in order to ascertain public opinion.

“Unemployment leads to social unrest and conflicts between different groups,” said Liu Cuixiao, a researcher with China Academy of Social Sciences (CASS) who believes that the main catalyst for the new law is China’s present social situation.

As the most populous country in the world, China is now facing a rapid rise in its labor force — nearly 10 million people every year. Unemployment is becoming a challenge that the government is increasingly facing. Although the official urban registered unemployment rate is 4.6 per cent, some economic observers believe the national figure may be much higher.

In order to address this issue, the draft law is aiming at promoting employment around the country. The law states that the government will implement new policies, such as boosting professional training, regulating the intermediary employment agencies and increasing financial investment in employment promotion.

Severe employment stress makes discrimination more popular in China, however building a fair employment market is a key issue addressed in the draft law, which contains a special clause on anti-discrimination. The clause states that discrimination against job seekers with respect to their background, whether it is with regards to ethnicity, gender, religious beliefs, age, or physical disability, will be prohibited.

Indeed, as well as college students like Liu Dan, some disadvantaged groups — such as some 200 million migrant workers and laid-off workers from state-owned enterprises — also suffer from discrimination in the labor market. Most Chinese employers will not consider job applications from candidates above 35, excluding the majority of China’s laid-off workers.

China’s residential permit system (or ‘hukou’) ties farmers to farmland, restraining the surplus labor force in rural areas from migrating into the cities and thus suffering discrimination from urban dwellers.

Due to the discrimination, they have little say over their treatments. They cannot enjoy some basic rights, such as work-related insurance and health care. Although the government always vows to protect the interests of them, sometimes they even cannot get paid on schedule.

According to Xie Zhiyong, a professor at the China University of Political Sciences and Law, discrimination also exists in China’s civil servant recruitment exams.

“Some posts only accept male candidates,” he said, “and 35 is the age limit for the promotion of many posts — these requirements have no necessary connections with the nature of the work.”

Such widespread discrimination sometimes triggers tensions in society, often resulting in tragedy. One such case that raised public awareness of job discrimination was the murder committed by Zhou Yichao, a university graduate that was also a carrier of Hepatitis B.

In 2003, Zhou killed a civil servant and seriously wounded another, primarily due to his anger over the recruitment procedure of a local government department in Jiaxing City of East China’s Zhejiang Province — he had successfully passed the interview and the exam for the post, but had failed the health check-up. Zhou was subsequently sentenced to death.

“These inharmonious things obviously do not tally with the picture that the Chinese government is now trying to draw — a socialist harmonious society, in which equality, justice and the interests of social vulnerable groups are being addressed,” said Liu Cuixiao.

Issues concerning people’s livelihoods are amongst the most important subjects being discussed in the recently convened annual session of the NPC and the Chinese People’s Political Consultative Conference (CPPCC).

Prof. Zheng Gongcheng of Renmin University, who is also a member of NPC Standing Committee said, “Discriminations may damage the labor market, and thus lead to serious social consequences, it undermines the fair competition environment of the labor market, and results in a tremendous waste of labor capital.”

“What the draft law said on anti-discrimination is mainly in principle,” remarked Liu Cuixiao, “however, as an administrative law made by the central government, all of the local provisions that are against such principles will be abolished.”

More importantly, the draft states that the government is to co-ordinate rural and urban employment policies in a bid to build a system in which workers from rural and urban areas can have equal rights in employment.

Due to lack of education and professional training, these workers from rural areas cannot find jobs requiring skills and technology, which made them disadvantageous when competing with urban people.

As Liu Cuixiao said, it is unfair for them — she believes that with all the efforts that the government will make, discrimination must be curbed significantly.

However, some experts think that there is still some room for improvement in the draft law.

Lin Qiang, a member of NPC standing committee commented, “Now the draft law has only prohibitory provisions on job discrimination, however, there is no corresponding legal obligation.” Lin suggested that the legal obligation of discrimination should be clarified in the future.

Another member of NPC standing committee, Yuan Hanmin, suggested that the present draft law is too ‘soft’ to curb the discrimination in employment. He also suggested that some foreign experience should be taken for reference.

“In order to avoid gender and racial discrimination, American employers have to keep certain ethnic and gender proportions in their companies.” As the draft law mainly focuses on discrimination based on age, gender and hukou, Yuan also suggests that more attention needs to be paid to the 120 million carriers of Hepatitis B.

Chinese netizens have welcomed the government’s efforts to promote employment and oppose discrimination on web forums, however voices that doubt the law’s effectiveness in anti-discrimination remain.

“Where employment exists, employment thresholds exist,” said Luo Baiwei, a lawyer from South China’s Guangzhou City, “therefore, a job seeker may have formal equal rights in employment, but he may suffer from de facto discrimination. Any differences in gender, age, appearance and background will become the pretexts for employers to decide to hire or not.”

As Luo said, it is difficult for the government to decide what kinds of behavior are discriminatory, since there are no specific standards. Furthermore, anti-discrimination is not always good news for everyone, especially for those who have gender, age and hukou advantages. At the same time, the employers will face more restrictions when hiring people.

“Laws cannot create employment, but a fair environment, which will undermine the efficiency and lead to different impacts to different groups,” said Luo.

Liu Cuixiao with the CASS believes that the fight against discrimination will be a long-term process and there is still a long way ahead. “It depends on the level of economic development, the changes of the employers’ ideas and improvements in the quality of the labor force,” said Liu.

“A single law is not enough — we need a series of systems to promote justice in employment, possibly including reform of the hukou system,” Liu added

China’s Ctrip appoints new director following resignation

BEIJING (XFN-ASIA) – Nasdaq-listed Ctrip.com International Ltd, an on-line provider of hotel accommodation, airline tickets and packaged tours, has appointed Hideaki Yokomizo to its board of directors, following the resignation of Yoshihisa Yamada, effective Mar 29.

In a statement, the company said Yokomizo is the deputy general manager of Rakuten Travel Inc.

Ctrip did not provide details on the reason for Yamada’s resignation.

Human Resources Conference Offers Insider Insights Into Doing Business in China

WALNUT CREEK, Calif., March 1 /PRNewswire/ — China is the world’s fastest-growing economy, offering significant opportunities for U.S. businesses, but also a unique set of HR challenges. Quick employee turnover, widely varying employment laws between provinces, recruiting the right talent, benefits desired by Chinese workers — are all issues for companies entering China and organizations already there.

“Making China Your ‘Gold Mountain,'” a new conference and exposition in South San Francisco on May 23-25, explores the unique human resource difficulties that can significantly affect business success in China. The conference is hosted by XMei International, a business consulting and development organization with expertise in Chinese business practices and their cultural impact.

The conference is the first event in the U.S. with influential Chinese HR executives and business leaders from multinational companies, private Chinese companies, Chinese consulting firms and the government.

Among the abundance of practical advice, attendees will learn:

* Compensation and benefits trends, including how much to pay employees, how to pay them, required benefits, typical benefits package, and what benefits are most valued by Chinese workers
* How to find top talent in China, including how to advertise jobs, and keys to retaining employees in a culture where the average length of employment is two years.
* How Chinese culture impacts doing business in China, including how to work effectively across cultures
* How to outsource HR services in China, including what HR products and services are available in the Chinese marketplace
* How to comply with Chinese employment law — and the critical
differences amongst provinces.
* Which Chinese provinces are the most labor friendly and how to set up business in China.

Delivering keynote speeches will be Dr. George Koo and Dr. Irv Beiman. Dr. Koo, the Director of Chinese Services Group for Deloitte and Touche, will speak on the conference theme, “Making China Your ‘Gold Mountain.'” Dr. Beiman, Chairman of eGate Consulting, Shanghai, will address the links between challenges and solutions of doing business in China to HR requirements there. He’ll discuss five root causes of the HR problems that hinder successful execution of business in China.

“This conference and expo represent a great opportunity to develop a Chinese business network,” said Xiaoli Mei, president and founder of XMei International. “Our keynoters and session speakers are completely accessible. Those doing business in China, and those considering it, will benefit from the educational and social components of the event.”

China panel maker recruiting former executives from Taiwan, paper says

China-based Shen-Chao Optronics (transliterated from Chinese) is recruiting former executives from Taiwan-based panel and component makers, as the company’s fifth-generation (5G) LCD plant is expected to enter production in 2008, according to the Chinese-language Economic Daily News (EDN).

Hsiang-Kuei Chung, a former vice president of the CRT business of Chunghwa Picture Tubes (CPT), will be responsible of the construction of the 5G plant; Ching-Chih Chen, a former vice president of Quanta Display (QDI), will be responsible for Shen-Chao’s 6G plans while Arthur Chou, former president of Allied Material Technology Corporation (AMTC), a Taiwan-based color filter (CF) maker, may be in charge of its in-house CF production, the paper said.

The paper also reported Shen-Chao is targeting employees at AUO, Chi Mei Optoelectronic (CMO) and HannStar Display.

KY (Kuen-Yao) Lee, chairman and CEO of AU Optronics (AUO), was quoted as saying he has heard of the recruitment plan from Shen-Chao and several high-level executives are said to have joined the China-based maker.

General Manager (Wu Xi)

Company introduction:
With more than 50 years history, our client is a manufacturer of generators. And set up their factories in China since 1998.
The company is the exclusive distributor of Sinemaster Inverter generators and Professional Series generators to the United States, Canada, and Mexico. Our goal is to provide outstanding products with world-class quality, availability, and after-care service to customers across North America, Europe and Asia.
Our products are available throughout the world from a rapidly-growing number of portable power and small engine dealers, agriculture and farm supply dealers, RV dealers, marine dealers and ATV/motorcycle dealers. It supports these independent dealers through a network of 17 distribution centers, a warranty service center, and a trained staff of service personnel.

Report To: Board of Directors
Location: Wu Xi
Responsibilities:
1.Budget development and adherence requirement;
2.Responsible for continuous improvement in all areas of the factory operation;
3.Support implementation of the strategic direction of Operations in China.
4.Control and reduce production cost while improving quality by training programs, cross training of operators, process improvement, etc.
5.Contribute to the overall company performance by active participation as part of the management team by daily communication with the subordinate departments’ heads.
6.Manage the whole team to achieve the aims of the company.
7.Responsible for establishing and maintaining vendor relationships to support the plant operations;
8.Ability to negotiate important contracts for materials and services;
9.Develop the skills and experience of the factory management and employees
10.Become China expert on product (Finished and Components) needs and institute Manufacturing and DC capabilities to ensure that our customers receive the best product availability and quality.

Requirements:
The successful candidate should have:
1.Bachelor degree majored in Mechanical, Engineering or relevant, and MBA is preferred;
2.At least 8 to 10 years of manufacturing experience including minimum 5 years in managerial position in foreign manufacturing company;
3.Professional leadership, teamwork and good communication skills;
4.Strong analytical, organizational and planning skill required;
5.Knowledge of Lean Production/6Sigma and ERP system
6.Knowledge in stamping, casting, machining and coating is preferred
7.Good command of English both spoken and written;
8.Strong leadership and inter-personal skills with ability to work through all levels of organization, internal and external.
9.Be able to work under pressure, self-motivated and have positive attitude as well as good team spirit.
10.Strong sense of responsibility, highly initiative and flexible, mature, independent, good interpersonal and communication skills
11.Good commercial sense.

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_eo089wx#dacare.com’(Please replace “#” with “@”)

Production Engineer

Company introduction:
Our client is in a leading position today in Europ and the export market is developing positively. By focusing on design, function, flexibility and energy-saving solutions, they are creating the light fittings of the future. The manufactory center in China is developing very fast and more product lines will be transferred to China. They will give good opportunities for the experienced and potential talents here.
Report To: Plant Manager
Location: SuZhou
Responsibility:
1.Responsible to review Manufacturing Drawings for revision Level;
2.Provide technical support to production-line, assist to solve problems in time to ensure the good running of production.
3.Make NC program for punching machine;
4.To establish W.I. and product requirements and perform feasibility/manufacturability studies on the new part/project.
5.Study and analyze process data, improve process by appropriate methods to ensure the continuous improving of productivity and the compliance with requirements of company and customer.
6.Work closely with Quality/Design and Production Supervisor to develop products to satisfy our customer’s needs.

Requirement:
1.University degree in IE/Mechanical engineering and related;
2.At least 3 years foreign company work experiences as production/process engineer;
3.Metal sheet machining and assembly experience is required;
4.Good communication skills both in Chinese and English.
5.Good computer skills include AutoCAD and NC punching machine software(equivalent is CNC program experience) ;
6.Powder painting process experience is preferred;

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_eng051sz#dacare.com'(Please replace “#” with “@”)

Salary grows 10 percent last year for city staff

SHANGHAI employees earned 29,569 yuan (US$3,820) on average last year, growing 10.2 percent from a year earlier, Oriental Morning Post reported today, citing the local statistics bureau.

Civil servants, employees of government institutes and company workers were all covered in the report, said Ye Weihong, an official of the Shanghai Labor and Social Security Bureau.

The before-tax income consists of salary, bonuses and subsidies, the report said.

The city is expected to raise the subsidy for elders and women as well as social security fund standard because these standards are based on the city’s average salary.

The city’s average salary has kept a growth of 10 percent in recent years, with yearly income reaching 26,820 yuan in 2005 and 24,396 yuan in 2004, the report said.

Best employers

THE 2008 China’s Top Employer selection program in the Shanghai Region was launched in the city yesterday.

Sponsored by the Netherlands-based Corporate Research Foundation, the annual selection program will send researchers to evaluate companies on the basis of compensation and benefits, working condition, training, promotion and career development, corporate culture and innovation to work out a list of the best employers in the city. Applications will be due by September and the result will be announced in November.