In 2009 China pledged to provide state healthcare for its 1.3+ billion citizens by the year 2020. The webcast first outlined a comparison between the U.S. and China, then detailed China’s healthcare reform and China’s 12th Five Year Plan, and finally provided an outlook for domestic and foreign investors. Note that the slides are available on Deloitte’s websites though this link:...
889 Global Solutions Blog
Thursday, December 8, 2011 - 15:33
Hosts: InterChina Consulting, The China Business Review, and The US-China Business Council
In 2011 the Chinese currency appreciated 5-10%; it’s expected to appreciate < 5% in 2012.
HR talent shortage – in 5 years an increased role of labor unions and collective negotiations due to strict application of labor related laws are predicted, as well as a larger income gap and social tensions.
2012 opportunities are predicted in the auto...
Monday, November 28, 2011 - 14:07
Frost Brown Todd hosted a webinar with a focus on optimizing business in China. Below are key topics explored in two case studies.
Vetting Suppliers – For companies purchasing materials or products in China, it’s absolutely necessary to have native Chinese people vetting suppliers. There are far too many illegitimate companies selling products. As a company that puts a great deal of effort into vetting suppliers, 889 Global Solutions couldn’t agree...
Tuesday, November 22, 2011 - 11:02
10/28 COMBA hosts How to Market to the Government led by Shanda Harris of Southwest Central Ohio Procurement Technical Assistance Center
As we are in the process of renewing our MBE (minority business enterprise) certification, 889 Global Solutions is pursuing government bidding opportunities. The Central Ohio Minority Business Association, a wonderful resource for minority business development, hosed a seminar to guide MBEs through the difference processes of competing...
Tuesday, November 15, 2011 - 14:24
Private Equity in China: The Trends Reshaping the Landscape
Deloitte’s webcast on private equity and venture capitalism in China explored current trends. Here are two quick snippets of notes pertaining to a common business dilemma and the 12th Fifth Year Plan.
With China’s rapid growth brings problems of inexperienced professionals. If you think about it, most CEOs and top management at major companies in developed countries have decades of...
Monday, November 7, 2011 - 11:09
Terry Jones, the founder and former CEO of Travelocity, spoke on the importance of building multi channel business relationships. Here are main points outlined by Terry:
Customers today have access to more information than ever before and it’s crucial to understand how to use technology to draw in customers, garner trust, and develop relations that are mutually beneficial. Companies must be able to experiment and allow failure, do more with less, and listen to...
Friday, November 4, 2011 - 09:33
Balancing Community, Government, Business, Health, and Family
In George Carlin’s Last Words, he says put your family first, because business is 1/5 of your life. We are creatures of habit. How you spend your time determines what you will be. Do service, apply new knowledge to your life, and change the way you look at things. Instead of missing opportunities, be proud and do things exactly as you want to do them.
We are what we do repeatedly, but change can affect us...
Thursday, April 21, 2011 - 13:41
Earlier last week 889’s CEO Judy Huang sat in on a Q&A session with Starbucks CEO Howard Schultz in Chicago. Here are her notes:
Focus on the customer - Focus on the customer. Become involved and fight for each customer; take things personally as this is your family, your job, your livelihood. Losing the customer and trying to get them back is very expensive. If there is change with customers, find out what is happening, make a plan, and execute it.
Working...
Wednesday, April 20, 2011 - 15:22
Historically, China’s centralized policies limited the size and scope of the country’s economy. China’s emergence as an economic and political power, evidenced by a projected GDP growth of 9.8%, overtaking Japan as the world’s second largest economy, and consuming more energy that the United States, has forced its government and banking system to re-evaluate long-held policies. One example of this is the treatment of the national currency, the renminbi (RMB),...
Wednesday, April 20, 2011 - 13:08
One point that differentiates us from other contract manufacturers is that we take Title to products. What does taking Title mean? Title is the ownership of goods. In some contracts, for the sale of goods, the parties involved do not express their intention as to when, how, or under what conditions Title to the goods is to be transferred. Transfer of Title to goods which have been identified to the contract of sale passes from the seller to the buyer in any manner and on any conditions...
Friday, April 15, 2011 - 09:28
- 889 takes title/ownership of products to remove risk from our clients.
- Our multi-lingual team provides on-the-ground inspection and quality control in China.
- We provide logistics management, including import/export documentation, customs brokerage and transportation from Asia to clients’ locations.
- Clients are assigned a multi-lingual project manager, based in the U.S., who ensures goods are manufactured to their exact specifications and are delivered on time.
- 889’s extensive contacts throughout China provide our clients with the unique ability to manage risk by working with trusted, quality manufacturers.