LUNAR NEW YEAR GALA & EVENT
The Greater Cincinnati Chinese Chamber of Commerce held this major event to welcome the coming of the Lunar New Year at Kingsgate Marriott at University of Cincinnati. It was a wonderful opportunity to observe one of the most important holidays in the Asian culture. We celebrated along with our chamber members and representatives from all over the Greater Cincinnati business community.
Keynote Address by Mr. Reuben M. Shaffer
Chief Diversity Officer @ Kroger Co.
World-class performances by:
Soprano Ms. Ruixin Deng, Owner of Joy Flower Music Center
Bing Yang Chinese Performing Arts Center Dance Team
Bing Yang Chinese Performing Arts Center Drums Team
Traditional Chinese Instruments performances by:
Renowned musicians Ms. Ming Ke, Mr. Zhenggang Xie and his wife Ms. Mei Hu
Special guest appearance by:
Mr. Yijia Fang, Cello Principal at UC’s
College-Conservatory of Music Philharmonic Orchestra
Gold Prize – Singapore Music Competition 2012
1st Place – Great Wall Int’l Music Academy 2013
1st Place – Hong Kong Int’l String Competition 2014
1st Place – American Protege Int’l Competition 2015
Millions of people being relocated from cities, fewer jobs, greater centralization, and more movie blockbusters are just some predictions for the year.
In debates about whether growth is a percentage point up or down, we too often lose sight of the absolute scale of China’s economy. No matter what rate the country grows at in 2016, its share of the global economy, and of many specific sectors, will be larger than ever. My snapshot of China in 2016? An increasingly diverse, volatile, $11 trillion economy whose performance is becoming more and more difficult to describe as one dimensional.
The reality is that China’s economy is today made up of multiple subeconomies, each more than a trillion dollars in size. Some are booming, some declining. Some are globally competitive, others fit for the scrap heap. How you feel about China depends more than ever on the parts of the economy where you compete. In 2015, selling kit to movie theaters has been great business, selling kit to steel mills less so. In your China, are you dealing with a tiger or a tortoise? Your performance in 2016 will depend on knowing the answer to this question and shaping your plans accordingly.
Many well-established secular trends in China will continue in 2016. The service economy’s expansion is perhaps most prominent among them. In this piece, as usual, I won’t spend much time on the most familiar things. Instead, I will highlight what I believe will become the more important and more visible trends in 2016, either because they are now accelerating to scale or a discontinuity may become a tipping point. (For a quick summary, see sidebar, “The China Orr-acle: Gordon’s predictions for 2016.”) I hope you find my ideas valuable.
- The 13th five-year plan—few surprises
- Fewer jobs, flatter incomes—and, potentially, less confidence
- The maturing of investing: More options for Chinese investors and foreign investment managers
- Manufacturing in China is changing, not disappearing
- Agricultural imports are rising and rising
- More centralization
- Moving people at scale—the middle class, not peasants
- Movies in China: $$$
- China continues to go global, with the United Kingdom as a new focal point
- Big business would embrace soccer in China
For the full article CLICK HERE.
The Greater Cincinnati Chinese Chamber of Commerce will hold its annual Lunar New Year Gala on from 5:30 to 9 p.m. at the Horseshoe Casino ballroom on Jan. 31. The chamber will celebrate the coming of the Year of the Horse with an auction, Asian cuisine and traditional performances. Also, former Toledo Mayor Michael P. Bell will speak on his story of bringing more than $10 million in Chinese investment to his city since 2011. The event will prove to be a grand display of Asian culture and tradition for the biggest holiday of the year in the Far East.
Attire is business or cocktail and the evening’s proceedings will go as such (subject to change):
- 5:30 to 6:10 pm: Registration, Networking, Auction and Lion Dance Prelude
- 6:15 to 8:00 pm: Dining on Asian Cuisine, Networking and Michael Bell Speech
- 8:05 to 9:00 pm: Beijing Storytelling (Kuai ban shu), Guzheng (Chinese Harp) and Sounds of Joy (choir) performances