Archives 2007

Cisco joins Haier in home networks

CISCO Systems Inc announced yesterday a partnership with Haier Group to explore home network markets in China, relatively new territory for both companies.

Cisco’s cooperation with Haier, China’s largest appliance manufacturer, helps them to expand consumer business, and Haier aims to profit from the growing integration of the Internet with home entertainment, industry insiders said.

Under the terms of the cooperation, Cisco and Haier announced their intention to explore sharing practices in group management and processes, financial management and controls, strategic investments and capitalization cooperation, construction of information infrastructure and home networking systems, Cisco said in a statement.

Qingdao-based Haier, with a global revenue of 107.5 billion yuan (US$14.3 billion) last year and 50,000 employees, is expanding its brand in international markets and the partnership with Cisco will help that.

Haier is also a large Cisco customer in China, and uses Cisco’s network equipment.

“We are a market leader in China, but are working to establish a strong brand presence in overseas markets. We believe it is necessary to take advantage of Cisco’s business practices as a model for efficient international expansion,” said Zhang Ruimin, Haier’s chief executive.

China’s digital TV market revenue is expected to hit 150 billion yuan in 2007, 19 percent of the global market size, according to Gartner Inc, an IT research firm.

Engineers have lost their shine for youth

ENGINEERING, once a highly rated job in China, has lost its appeal for young Chinese, Xu Kuangdi, the ex-mayor of Shanghai and President of the Chinese Academy of Engineering, said yesterday.

Xu said this in his opening remarks to a forum in Shanghai to promote the reform and development of engineering education in China.

“The profession of an engineer is far less reputable today than it was in the 1950s,” said Xu, who was the city mayor from 1995 to 2001.

He said most Chinese university students now hoped to make a lot of money by working for banks or scrambling to become Masters of Business Administration.

Xu said the hardships involved in becoming an engineer has also led to the decline – people who wanted to be engineers had to begin in workshops instead of sitting in offices.

Engineering has a special status in China where many of its leaders have had a background in engineering.

However the number of qualified engineers is failing to meet the demands of the country’s rapid economic growth.

According to a 2004 statistic, engineers only accounted for four percent of the overall staff in Chinese businesses.

Intern hunt goes ahead

ONE of China’s leading Web-based headhunters, 51job.com, has launched its 2008 nationwide internship program to provide more than 1,600 internship positions for university students.

Students will be given work at more than 100 companies in 12 major Chinese cities such as Shanghai, Beijing, Guangzhou, Dalian and Nanjing. Students can sign up for the program at the Website.

Microsoft’s China boss quits to head NBA in China

BEIJING (Reuters) – The chief executive of Microsoft Corp’s Greater China business, Chen Yongzheng, has resigned, the world’s largest software maker said on Wednesday.

In a statement on its China Web site, Microsoft said its global vice president, Zhang Yaqin, would take over as acting Greater China chief while it sought a permanent replacement.

The New York Times reported on its Web site that the National Basketball Association (NBA) had hired Chen to head a Chinese subsidiary that it is setting up, a move highlighting the growing importance of China to the sport and to the NBA.

HK jobless up

Hong Kong’s seasonally adjusted jobless rate nudged up from 4.1 percent in the May-to-July period to 4.2 percent from June to August, officials said yesterday. Increases in the jobless rate were experienced mainly in the communications, real estate and wholesale trade sectors, the Census Statistics Department of Hong Kong said.

Decreases in the underemployment rate, which held stable at 2.3 percent, were seen mainly in foundation and superstructure construction, and communications sectors, offsetting increases in welfare and community services and retail trade. Total employment grew by about 10,100 from 3,494,200 in May-July to an all-time high of 3,504,300 in June-August. Over the same period, the labor force swelled by about 18,500 from 3,652, 200 to a new high of 3,670,700.

Probation Period Should Be Included In Chinese Labor Contracts

China’s Labor and Social Security Department has issued a reminder in local media to new college graduates that their probation period should be included in labor contracts with employers as part of their employment term and the trial use period must not be more than six months.

Specifically, the Tianjin Municipal labor and Social Security Department has said that the probationary period is for the employer and the employee to mutually understand each other and make a mutual decision. According to relevant laws, a probationary period shall be set between an employer and its employee, but the period should be included in the formal labor contract.

According to China’s new Labor Contract Law which is going to take effect on January 1, 2008, the probationary period must not be more than 1 month if the labor contract term is less than one year, and the probation period should not be over two months when the contract period is less than three years. The probation period for a labor contract whose term is more than three years should be less than six months.

In addition, the employer should only set one probation term with the employees, and during the probation period, the employer must offer social insurance for employees.

ADB: China’s GDP growth to hit 11.2%, CPI to top 4%

BRISK exports, strong investment and buoyant consumption will lift China’s economic growth to 11.2 percent this year, up from an earlier estimate of 10 percent, with the inflation rate breaking 4 percent, says an Asian Development Bank (ADB) report released in Beijing today.

“The faster than expected growth momentum built up this year is expected to carry into 2008,” said Zhuang Jian, senior economist of ADB’s China Resident Mission, at a news conference.

The new ADB report also forecasts that China’s GDP growth in 2008 will reach 10.8 percent, revising from the 9.8 percent in an ADB report published in March.

Zhuang said China’s economy grew at a faster-than-expected 11.5percent in the first half of 2007, which is the highest rate since1994.

According to Zhuang, China’s fast economic growth was led by industry, especially in such sectors as steel, electricity, chemicals, and oil processing.

Strong profitability, buoyant sales and still-low lending rates also drove investment during the period.

The ADB report said investment administered by local governments grew by 28.1 percent in the first six months, nearly doubling the equivalent central government rate.

China’s inflation barometer – the Consumer Price Index (CPI) is estimated to hit 4.2 percent this year and 3.8 percent in 2008 as against the previous forecasts of 1.8 percent and 2.2 percent respectively, according to the ADB report.

Zhuang said rising global grain prices and a pig disease outbreak led to rocketing food prices, but this is expected to ease next year, paving the way for the implementation of planned reforms in the pricing of state-controlled sectors such as water, power and natural gas.

Significantly higher than expected inflation, however, poses a risk to the outlook. Zhuang said adverse weather would lower domestic grain production at a time when imported grain prices are high.

Product Manager ¨C Admixtures and CGAs

Company introduction:
Our client has over 70 years experience of supplying specialist chemicals to the construction industry. By concentrating on innovation and service to the customer, it now leads the way in specification selling into the construction chemicals market. This wealth of experience is gained from our worldwide presence in more than 20 countries, with exports to a further 50 countries. Their main customers are building, civil engineering and specialist contractors, served by a proactive and knowledgeable sales team. They also provide advice to architects and engineering consultants on the specification and use of the systems. They are supported by a global network of industry specialists, research laboratories and manufacturing facilities.
It is the leading supplier of high quality, cost effective systems for construction, protection and repair of concrete structures. With the development in Asia, they are welcome more talent to join in.

Report To: GM/GSM
Location: Guangzhou

Product Manager ¨C Admixtures and CGAs
Responsibilities:
1. To lead the profitable growth in sales of admixtures and CGAs in Greater China, coordinating sales and technical support teams to maximise sales and customer retention.
2. To manage the sales in order that budgeted sales and profitability targets are met.
3. To ensure that the sales team follow company objectives, strategy and policies.
4. Developing strategic plans for admixtures and CGAs.
5. Coordinating product development and product testing in the laboratory.
6. Coordinating and managing technical service teams providing support for the application of Cement Additives at the cement plant.
7. Coordinating works related to plant trials and dispensing system.
8. Negotiating fair and reasonable supply contracts with customers that provide Fosroc with good returns without excessive exposure to risk.
9. Collection of cash.

Requirements:
1. Degree level education in chemistry, engineering or other specializing in cement/concrete
2. With at least 5 years relevant working experience in a manufacturing or chemistry environment in a multinational company. And should work over 3 years in the recent company.
3. Working experience in Great China or Asia region will be preferred.
4. A good understanding of the cement and concrete industries in China
5. Good language skills ¨C English and Putonghua, written and spoken.
6. Good interpersonal and communication skills.
7. Good team player
8. Good commercial skills

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_eo118gz#dacare.com'(Please replace “#” with “@”)

Merchandising Manager

Merchandising Manager
Report to : GM
Location:Shanghai

Responsibilities and Requirements:
1. Collections Development and Production:
1. Work closely with our European and American designers.
2. Develop salesman samples for our lines
3. Source and Quote the prices with the vendors.
4. Follow up the production from approval till shipments to final destination (USA/EU)
2. Daily responsibilities:
1. Organize and manage a team of merchandisers
2. Manage the office and report directly to the Chairman
3. Develop new markets
4. Follow up of all commercial matters for each related textile department
5. Is the link between supplier and each category. Communication between clients and suppliers
6. To carry out business trip for sourcing and organize also clients¡¯ schedule.
7. To negotiate price and import process with suppliers
8. Strength of suggestions for products, suppliers and packaging

3. Profile£º
1. Strong management skills
2. Minimum 5 years experience in the Apparel Busines.
3. Strong experience in the merchandising, knit and woven
4. Strong on costing
5. Problem shooting & solving
6. Able to work independently with overseas customers and vendors
7. Perfect command of both spoken and written English & Mandarin
8. Use to work in an international environment

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_eo117care.com'(Please replace “#” with “@”)

Chief Financial Officer

Job Description:
Company introduction: Part of a Holding company, this international manufacturing and sourcing enterprise with around 400 employees up to date with large growth, is a part of a very successful entrepreneurial group that manufactures and markets a host of logistics and handling products. They are looking for highly qualitative, responsible, experienced and honest candidates that can accompany and develop their expansion and join their driven, fast growing and professional team. Rewarding career opportunities!

Positions available:
Report To:GM
Location: Qingdao
Responsibilities:
Role:
The CFO has the overall financial responsibility for a manufacturing company and its branch offices in China. (S)he is reporting to the CEO and the Chairman of the company.
Specific responsibilities include:
1. Overall Financial Planning
2. Financial structure, organisation, systems and processes
3. Financial team management
4. Financing and investments
5. Budgeting
6. Accounting
7. Bookkeeping
8. Control and Internal Audit
9. Declarations and official financial reporting and documentation
10. Internal reporting
11. Export and Import procedures

Requirements:
1. Have a university degree in finance
2. Have an accounting licence
3. Have AT LEAST 8-years uninterrupted financial experience from manufacturing on a management level
4. Have a proven successful experience in foreign owned company
5. Have a proven successful experience of team management
6. Have strong negotiating skills
7. Have knowledge of foreign reporting and accounting systems
8. Be completely fluent in written and oral English: minimum CET-6 level
9. Have perfect command of Windows and its components

Profile:
1. Minimum age: 32
2. Extreme seriousness, sense of responsibility, accuracy, sense of details and of quality
3. Driven, motivated, structured, honest, incorruptible, professional, efficient, over-achiever
4. Open and ability to adapt to western management and administrative style
5. Ability to work under pressure and to accept challenges and extremely tough goals

* Please send us your complete resume (both in Chinese and in English) to:
‘topjob_fi165qd#dacare.com'(Please replace “#” with “@”)