Minister tells G7 China does its part

China has been contributing to improving the world economy and will continue to do so by stimulating domestic demand, Finance Minister Jin Renqing said at a meeting of the seven industrialized nations (G7).

While the nation seeks to do its part, industrialized countries should assist developing economies to build capacity, while strengthening control on international speculative funds, he said.

Key developing economies China, India, Brazil, South Africa, Russia and Mexico were also invited to the conference, held on Friday and Saturday in the Germany city of Essen.

Jin said China has been taking measures to rectify its economy’s reliance on investment and exports. The measures included reforming income distribution, improving the social safety net and accelerating development in rural areas.

Officials from the 13 countries focused on bond market development in emerging market economies during a dialogue session between developed and developing countries. They agreed that growth in the global economy and ample liquidity have created a favorable environment for bond market development.

Chinese policy makers said that the bond market should become a more important venue to raise capital to reduce Chinese enterprises “unhealthy over-dependence” on banks.

However, Jin said that the development of bond markets must undertaken gradually according to each country’s economy.

China’s central bank chief Zhou Xiaochan, who also attended the meeting, told reporters that he was satisfied with the evolution of the country’s exchange rate system.

China has been following its plan to increase the renminbi’s exchange rate flexibility, Zhou said. He added that seasonal factors may explain a recent rise in consumer prices.

Shanghai go-getters win wage rises, but trail trend in Asia

EMPLOYEES in Shanghai multinational companies won substantial pay increases last year due to a growing professional demand.

But the city still has lower labor costs than other major centers in Asia, according to a definitive report on salaries.

The report, released by Nasdaq-listed headhunter Hudson Recruitment yesterday, covered the pre-tax payroll of a total of 309 positions in nine different sectors – such as manufacturing, banking and financial services, advertising and communications and human resources – in Shanghai, Hong Kong, Singapore and Japan.

Pay increases varied widely in the different industries.

Upward trend

For instance, employees in the manufacturing and industrial sectors saw their pay rise by about 20 percent compared with that of 2005.

The increases in the advertising and communications industries reached up to 30 percent to 40 percent on average, human resources analysts said.

“Across all positions, salaries in Shanghai are presenting an upward trend, driven by the limited supply of candidates,” said Kellie Grimsley, managing consultant with Hudson’s Shanghai office.

“Companies try to offer high pay to attract and retain the talent they need.”

In the manufacturing sector, for instance, the most eye-catching positions last year went to supply-chain management professionals.

The report said that a supply-chain manager with 10 years’ experience was paid 250,000 yuan (US$31,250) to 400,000 yuan per year in the city. It is one of the best-paid mid-level positions in the sector.

Lucy Xiong, an analyst specializing in the manufacturing industry, said that the pay was bulked up as an increasing number of companies began to conduct their international procurement business in China’s mainland.

That gave rise to a large demand for local professionals with a broad international network.

For the advertising and communications sector, a senior account director in the city is paid 540,000 yuan to 660,000 yuan per year, compared with the HK$600,000 (US$76,799) to HK$900,000 for the same position in Hong Kong.

A local investment bank associate can earn 350,000 yuan per year, almost the same amount of that paid in Singapore. But it’s only half of the level in Hong Kong, according to the report.

However, salary gaps are getting narrower for senior-level positions in different regions, such as corporate finance managing director and marketing director, analysts said.

Headhunter role added to Alibaba portfolio

ALIBABA.COM Corp, China’s largest e-commerce company, has ventured into the online head-hunting sector to serve its nearly 20 million member companies trading on its business-to-business platform.

At present the service is focused on helping e-commerce professionals, especially those familiar with trading procedures on Alibaba.com, to find positions at small- and medium-sized firms, the company said yesterday.

The small- and medium-sized companies can also post their own vacancies on Alijob, a channel on Alibaba.com dedicated to the human resources service, which was launched last Friday.

“It will be free to individual job seekers, but we will charge a certain amount of money for corporate users,” said Wang Yunfeng, a spokesman for Ali College, a company division for training and certifying e-commerce professionals.

Wang said the rate hasn’t been decided yet, but it should be under 10,000 yuan (US$1,250) a year for a company to post job ads and view applicants’ resumes. There there will be a special price for companies that already pay for listing their information on Alibaba.com.

Ali College has been working with universities in China to promote Alibaba’s e-commerce standards and certificates since the beginning of 2006. More than 100 graduates who have been certified by Alibaba had started working in its member companies by the end of last year.

Alibaba.com had more than 18 million registered member firms by the end of last year, of which three million were overseas customers, the company said in Shanghai last month, when it launched a business software division, Alisoft.

China pulls the plug on Internet pirates

CHINA has closed 205 Websites in a crackdown on video, music and software piracy, authorities said yesterday.

Investigators checked out 436 reports of intellectual property theft between the end of September and January – including 130 complaints from overseas industry associations – and ordered 361 offenders to halt their activities. They also handed out fines totaling hundreds of thousands of yuan and confiscated servers and other equipment.

“Piracy of intellectual property on the Internet has seriously harmed the interests of copyright owners, leading to a large number of disputes and disrupting order on the Internet,” Yan Xiaohong, deputy director of the National Copyright Administration, told a news conference in Beijing yesterday.

Authorities imposed fines totaling 705,000 yuan (US$91,000), confiscated 71 servers and transferred six cases to prosecutors for court action, Yan said. One has already led to a conviction, he added.

The overseas complaints came from the Motion Picture Association, the International Federation of Phonographic Industry and the Business Software Alliance, Yan said.

“China treats domestic and foreign copyright holders equally, without discrimination,” Yan said. “The administration will prosecute all proven cases of intellectual property infringement.”

A Chinese regulation that bans uploading or downloading Internet material without the permission of the copyright holder went into effect last July.

Prominent cases included sites that offered downloads of software, textbooks, music and television shows.

In one case, all the Internet cafes in Changchun in northeast China’s Jilin Province were found to be linked to a database of pirated films.

One Website in southern China’s Sichuan Province was found to have provided illegal downloads of 400 movies since it was set up in 2004.

Authorities closed the site and fined its operator, Sichuan Telecom, 10,000 yuan. Sichuan Telecom is a subsidiary of the state-run China Telecom Group.

“This latest action had a limited time frame and limited results,” Yan acknowledged. “It did not solve all the problems we are facing on the Internet.”

China is home to about 843,000 Websites and 140 million Internet users, making it the world’s second-biggest Internet market.

The Internet penetration rate in China has developed at lightning speed in recent years. The country’s online population is expected to overtake the United States as the world’s largest in about two years.

About 210 million of the America’s 300 million people are online, according to the US government. China currently has 137 million people online.

Yan said there are 843,000 Chinese Websites at present.

Audit & Risk Assurance ¨C Senior Manager / Director / Partner

Company introduction:
Our client is a CPA-based multi-disciplinary consulting firm in Shanghai & Beijing with liaison offices in Hong Kong, Malaysia and Singapore. It is a member of JHI International CPA network with 160 members worldwide in 55 countries, one of the Top 15 largest CPA network in the world.
Its Overseas Chinese ethnic background and accumulated experience in China combined with Western-styled management offer an affordable alternative to its customors¡¯ corporate needs in China.
Our client¡¯s mission is to become a renowned, solution-oriented, most sought-after multidisciplinary consultancy firm in the major cities of Greater China & South-East Asia. They are looking for senior management people to join them.

Location:Shanghai
Responsibilities:
1.Head and expand the Audit & Risk Assurance and Accounting BPO Services Departments (currently 12 staff);
2.Develop audit / risk consulting / due diligence approach, design appropriate procedures and implementation plan / work program;
3.Devise solutions to solve client issues;
4.Execute and be responsible for the completion of work assigned;
5.Drafting and communications of findings / recommendations to clients
6.Coach and supervise junior staff in the team;
7.Assist the management team in developing new products / services;
8.Maintain existing clientele and actively seek opportunities to cross-sell other services to them

Requirements:
1.Minimum 7 years solid audit experience in CPA firm, Big Four will be given preference.
2.Understanding & working knowledge of due diligence, internal controls and best practices, IPO preparation.
3.Financial management experience & knowledge (e.g. budgetary control, costing, management,reporting, MIS, supply-chain, project management, etc)
4.Working knowledge of US GAAP & Sarbanes Oxley Act is an advantage.
5.Possess a Professional Qualification (e.g. CPA or ACCA) but part qualification will be considered for lesser roles.
6.Excellent oral & written English and ability to read Chinese is a must.
7.Willing to travel within Greater China on assignments.
8.Commercial-awareness, able to maintain existing client network and develop new business opportunities;
9.Able to undertake responsibilities and be autonomous, ready to have diversified working tasks / multi-task functions;
10.Trustworthy, loyal and with utmost integrity;
11.China-experience preferred; those without but has great passion towards working in China are encouraged to apply;
12.Minimum 2-3 years contractual commitment with a view to Partnership

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_fi128sh#dacare.com’(Please replace “#” with “@”)

Waste to Energy Project Development Manager

Company Introduction:
A leading advisory, technology transfer and investment JV firm focused on commercializing cleaner and more efficient energy technologies in China.

Location:Beijing

Job responsibilities:
1.Lead all aspects of project development. Job focus will be on project planning, coordination of all project activities, and project execution starting from initial site identification and securing to project commissioning;
2.Manage other team members participating in project development;
3.Manage relations with government officials, design institutes, local and international technology; suppliers, and other organizations as necessary for developing biogas to energy projects;
4.Communications in English and Chinese at a high technical and business level;
5.Write reports, proposals and presentations in English and Chinese;
6.Some domestic travel will be required; international travel is possible;
7.Support other technology and management consulting projects as necessary, especially CDM project identification and crediting process.

Applicant requirements:
1.Significant experience in project management, with strong technical and business management skills related to project development. Previous experience in energy utilities, or food processing preferred;
2.Ability and desire to be a project and team leader;
3.Capable of quickly learning technical and commercial concepts;
4.Putonghua is your first (native) language, and you are fluent in English;
5.Strong oral and written communication skills;
6.Excellent computer skills in Word, Excel & PowerPoint;
7.University graduate with a technical degree, and 5+ years of related work experience;
8.Personal interest and commitment to developing sustainable energy projects in China.
Education: Bachelor degree above
Salary Range:Negotiable, based on experience and capabilities.

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_mn123bj#dacare.com’(Please replace “#” with “@”)

Cisco eager to lay out India plans

Cisco, the world’s biggest computer-networking equipment maker, clocked 40% rise in profit. The company said that the profits rose as customers upgraded their communications systems for video. CEO John Chambers lists out the company’s India plans going forward. CNBC-TV18 has more.

we have always been successful in recruiting some of the best and brightest wherever we go, but it does speak about both our commitment to Asia and our admiration for what countries like China and India are doing in terms of the numbers of engineers that graduate, and the environment they are creating,?says CEO, John Chambers.

Clearly hinting towards what one can expect from Cisco here in Asia, he further says, see us expand in China, specially in Shanghai, you’ll see us expand in Bangalore in India.?/FONT>

we have moved our Chief Globalisation Officer there, which really speaks to not just supporting that region, but supports our entire global operations from that region. So there a major commitment there; I think we will recruit well there and attract the talent well,?he concludes.

Hudson to Acquire Major IT Recruiter in China

Move Will Solidify Position as Asia’s Market Leader in Mid- to Senior-Level Recruitment

“This deal brings together two leading recruitment brands in the Chinese market,” said Gary Lazzarotto, chief executive officer of Hudson/Asia. “The combined expertise and geographic reach of one of China’s leading IT recruiters and our mid- to senior-level recruitment capabilities should be extremely attractive to U.S. multi-nationals seeking top talent to help enter the market or expand their operations in this high-growth region of the world.”

“Hudson’s global reach, talent network and client base will enable us to better serve our existing clients and candidates, and broaden our reach to other companies that could benefit from our specialized recruitment capabilities,” said Raymond Wong, partner of Tony Keith. “What’s more, and just as important, Hudson’s organizational culture and values mirror ours.”

Hudson, which has operated in four key Asia markets (Hong Kong, Japan, Singapore and China) for nearly a decade — will now number more than 350 professionals and seven offices primarily serving U.S. multi-national clients throughout that continent. Recently, the global recruitment and talent management firm was recognized by China’s World Management Review magazine as “Greater China’s Best Headhunting Firm of the Year” for 2006.

Hudson

Hudson (Nasdaq: HHGP – News) is a leading provider of permanent recruitment, contract professionals and talent management services worldwide. From single placements to total outsourced solutions, Hudson helps clients achieve greater organisational performance by assessing, recruiting, developing and engaging the best and brightest people for their businesses. The company employs more than 3,600 professionals serving clients and candidates in more than 20 countries. More information is available at http://www.hudson.com.

Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding the company’s strategic direction, prospects and future results. Certain factors, including factors outside of our control, may cause actual results to differ materially from those contained in the forward-looking statements, including our ability to complete the Tony Keith acquisition, economic and other conditions in the markets in which Tony Keith operates, risks associated with operating Tony Keith as part of Hudson Highland Group, unexpected developments relating to Tony Keith’s business after closing of the acquisition and other risks discussed in our Form 10-K and our other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.

China Supplier Quality Manager

Company introduction:
Our client is headquartered in the USA. The company has a history of 70 years and is a leading distributor of residential lighting. The client is the winner of 4 ARTS Lighting Manufacturer of the Year awards. In fact, each member of the their products’ family has been instilled, from the top down, with three guiding principals ¨C customer care, product value and design. The client take pride in transforming light into beautiful, functional works of art.
Its main China business office is in Shanghai with branch offices in the North and the South. Their China Company offers a complete salary and benefit package to include healthcare, funded government retirement plan, funded government housing allowance, life insurance, paid vacation, paid national holidays and other personal allowances.
With its business development needs, the client is now requiring a Manager, Quality Assurance to be based in China. And the office location would be flexible for the individual.
Report To: QA Director in USA Location:Shanghai

Responsibility:
1.Lead the Regional Inspection Managers to manage the QA Staff in China.
2.Assist RIM¡¯s and Suppliers to resolve product quality claims issues.
3.Act as the quality assurance agent for new product development.
4.Manage project implementation of new QA initiatives with Suppliers.
5.Identify metrics and methodology for analyzing factory and Cleveland Receiving product defects and assist RIM¡¯s to develop/implement corrective actions at the factory.
6.Conduct QA training/education for inspectors, production employees and foreign based suppliers.
7.Assist RIM¡¯s to maintain records of approved quality standards for each factory and verify consistent production performance.
8.Participate in actual inspections, prepare detailed analyses of inspection findings, and clearly and completely document discrepancies for factory corrective action.
9.The employee holding this position will spend approximately 9-10 months a year in China and 2-3 months a year in the US. China Domestic travel will be approximately 50%.

Requirements:
1.Prefer an Engineering degree in Industrial, Electrical, Mechanical, Manufacturing or Architectural Engineering.
2.Certified Quality Manager (active certification) desirable but not a must.
3.Five years Quality Assurance experience in a manufacturing fabrication environment. Quality Assurance manufacturing experience in residential lighting, small appliance or ceiling fans is preferred.
4.Experience in developing QA test procedures, using functional testing tools and equipment, doing analyses and conducting training.
5.Experience in reading CAD drawings and in using Microsoft Office programs.
6.Experience in various product finishing methods such as liquid and powder paint application, hand applied painting, chemical conversion finishing and electroplating.
7.Experience in working with people of different cultural backgrounds and different levels of an organization.
8.Strong leadership, negotiation and team-building skills.
9.Strong English and Mandarin communication skills, both written and verbal, is a must. Will be required to communicate in English with US counterparts on a regular basis.
10.Ability to communicate and interact effectively with international staff.
11.Strong project organizational and management skills. Must be able to manage several projects at the same time, prioritize work and direct resources to maximize work output.
12.Strong problem solving skills. And confidence and strength of character to stand up for what they believe to be the correct course of action whether that action is in the favor of the Supplier or the Company.
13.Good interpersonal skills. Very good judgment and personal integrity.

* Please send us your complete resume to:
‘topjob_mn122sh#dacare.com’(Please replace “#” with “@”)

Transactions Officer, Director, Business Development, PRD

Company Introduction:
XXX Property Corporation is a leading global developer and owner of industrial real estate, focused on major hub and gateway distribution markets throughout North America, Europe and Asia. This company is a total-return investor, and the primary goal is to produce superior long-term returns for their investors by making smart, research-based investments around the globe.

Department: International Transactions
Report to: Vice President

Location: Shenzhen

Position Overview:
The Transaction Officer-PRD will create and lead a regional industrial development effort while building the business in accordance with the firm¡¯s strategic plan. This position will be based in Shenzhen and initially focus on the Shenzhen and Guangzhou markets. Business opportunities will be broad in scope, ranging from speculative development, in-fill rehabs and build-to-suits to acquisitions and sale/lease-backs, all of which can be executed either in house or with Alliance Partners.

Responsibilities:
1.Identify, develop and recommend new business opportunities; support and follow up on new business development initiatives;
2.Develop and implement a defined growth strategy for the assigned region and convey the company¡¯s directives to the market;
3.Develop and maintain key relationship with potential customers and relevant government authorities involved in business development;
4.Participate in development of business potentials with the team, i.e., development estimates, financial analysis, market study and feasibility study report;
5.Project management – working with alliance partners and different functional groups, such as development, marketing, finance, legal for implementation of new projects;
6.Develop regular status reports and actively communicate business development progress with the management and peer groups to achieve consensus and support;
7.Identify and track issues, and develop recommendations to support management decision-making.

Requirements:
1.University degree or equivalent with at least 8 years related business development experience preferably in the real estate development, logistics and/or warehousing/distribution fields;
2.Proven record of accomplishment in industrial development who has strong existing relationships with potential deal sources as well as the brokerage and institutional communities in the assigned region;
3.Experience interacting and negotiating at a senior level with business partners, customers, and government officials;
4.Good knowledge with Excel, cash flow models, appraisal and/or real estate financial analysis;
5.Excellent leadership, interpersonal, communication, analytical and problem solving skills;
6.A team player with the highest integrity, while possessing entrepreneurial spirit, raw intelligence and a mature demeanor;
7.High degree of character and integrity and enjoyment of his/her work;
8.Willingness to operate in a challenging work environment and sustain a high performance level;
9.Director, Business Development Northern China Rev. 7/15/06 Page 1 of 2 JOB DESCRIPTION;
10.Good and proven business judgment;
11.High energy level with an outgoing personality;
12.Excellent language abilities in both spoken and written English and Chinese.

Education: University degree
Salary Range: Negotiable, based on experience and capabilities

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_eo079sz#dacare.com’(Please replace “#” with “@”)