China Round Table:
Opportunity and Challenges of China’s Water Industry

FOR IMMEDIATE RELEASE

CINCINNATI, Ohio, USA20 May 21, 2015 – The Greater Cincinnati Chinese Chamber of Commerce (“Greater Cincinnati China-US Chamber”) hosts China Round Table: Opportunity and Challenges of China’s Water Industry.

This event is moderated by John Robinson, Principal Consultant of Cornerstone China Advisor and publisher of Mandarin Environment – a newly formed medial brand designed to connect Chinese investors to North American clean-tech opportunities. Microbial Robotics Director of MicrobialBots and GeRM™, Dr. Shengchang Su, joins Melinda Kruyer, CEO of Confluence, and John Mangan, Trustee of Mill Creek Watershed Council of Communities, as panelist to lead the discussion for attending members of the Chinese Chamber.

On April, 16, 2015, China announced action plan for water pollution prevention and control. The plan contains “10 measures for water” and follows the air pollution campaign that began in 2013. The 10 measures for water according to the Chinese State Council website include:

  1. Control and reduce discharge from industries, urban areas, agriculture, rural, shipping ports.
  2. Upgrading to recycle industrial water, reclaimed water, and seawater.
  3. Conservation and protection of water resources (by strict management system).
  4. Improving scientific and technical support; strengthening fundamental science.
  5. Increase market efficiency and price reform.
  6. Strict enforcement and severe punishment.
  7. Authorized discharge under strict management.
  8. Safety and strengthening protection of water bodies.
  9. More responsibility in local governments with central inspections.
  10. Improve public participation and community supervision (including public listing of performance).

The Greater Cincinnati China-US Chamber believes U.S. based companies and research institutions from the Greater Cincinnati region stand ready to assist with China’s water remediation efforts. This round table discussion is meant to spark community involvement in bridging an open dialogue and collaboration on solving the world’s most pressing water problems with efficiency and effective solutions developed by the Greater Cincinnati regional’s best intellectual and business minds.

For more information please contact coordinator[at]china-midwest.com.

Young Professional Networking Night

Network with professionals from the European American Chamber, Greater Cincinnati Chinese Chamber of Commerce and Hispanic Chamber!

When:

Thursday, March 26th from 6:00 – 8:00PM

Where:

Lindner College Hall 690
Carl H. Lindner College of Business
University of Cincinnati
2925 Campus Green Dr.
Cincinnati, OH 45221

Registration:

http://www.signupgenius.com/go/9040d48a9ab29a20-young

NOTE:

Appetizers and drinks (non-alcoholic) will served and prizes will be given. Business Casual Attire Required.

Jack Ma in running for Time magazine Person of Year

Alibaba Group Executive Chairman Jack Ma (center) leaves after the Fifth Conference of Zhejiang Chamber of Commerce in Beijing on Dec 6. Ma was awarded Honorary Chairman of Zhejiang Chamber of Commerce during the conference.

Alibaba Group Executive Chairman Jack Ma (center) leaves after the Fifth Conference of Zhejiang Chamber of Commerce in Beijing on Dec 6. Ma was awarded Honorary Chairman of Zhejiang Chamber of Commerce during the conference.

Jack Ma, founder and executive chairman of Alibaba Group Holding Ltd, has been nominated by the editors of Time magazine as one of eight finalists for the Person of the Year.

Other nominees include the Ferguson, Missouri, protesters, the Ebola caregivers, Russian President Vladimir Putin, Apple CEO Tim Cook, singer Taylor Swift, NFL commissioner Roger Goodell and Iraqi Kurdish President Masoud Barzani.

Since 1927, the magazine has chosen “the person or persons who most affected the news and our lives, for good or ill, and embodied what was important about the year”.

Ma is described by the magazine as “an English teacher-turned founder and CEO of Alibaba, the Chinese e-commerce giant which debuted a $25 billion IPO”. The winner will be announced on NBC’s Today show Wednesday, according to Radhika Jones, deputy managing editor of Time.

“This is the year of Alibaba’s IPO and the beginning of global expansion for Chinese Internet business models,” said Hans Tung, managing partner at GGV Capital and an early investor in Xiaomi. “It is very exciting,”

Ma grabbed global headlines in September with Alibaba’s record-breaking $25 billion IPO, which made him the richest man in China.

“E-commerce will disrupt physical retail worldwide especially in emerging markets like China, India, Indonesia, Brazil, etc,” said Tung.

Alibaba reported more than $9 billion in sales on China’s Singles’ Day shopping festival on Nov 11.

Ma plays a key role in shaping global e-commerce and making it borderless.

In November, a group of high-end US retailers teamed up with Alipay, which will enable online shoppers in China to purchase goods through Alipay’s ePass in yuan.

Electric carmaker Tesla and big-box retailer Costco opened flagship online stores on Tmall, one of Alibaba’s e-commerce platforms.

Ma also has invested ample cash in US startups.

The company 1stdibs, a New York-based marketplace for luxury goods, was the first investment announced by Alibaba in 2014.

In March, Alibaba invested $215 million in Tango, a California-based messaging and free-calling app company. Alibaba participated in a $250 million round of series D funding for Lyft, a transportation network company in San Francisco, in April.

In June, Alibaba helped finance Peel, a California-based, TV-control app maker.

Alibaba in July put $120 million into Kabam, a video-game startup that is now worth more than $1 billion.

In October, Alibaba Group partnered with Silicon Valley-based search engine Quixey to power app searches for its mobile operating system YunOS.

Reference – China Daily (click here for full article)

Cincinnati 10th Best Metro Area for STEM Professionals

Greater Cincinnati was named the 10th Best Metro Area for STEM Professionals in a recent study from the leading personal finance outlet WalletHub.com.

On the heels of our earlier report on the Best & Worst Cities to Find a Job, WalletHub analyzed the 100 most populated metropolitan statistical areas across 11 key metrics to help STEM professionals find the best markets for their valuable occupations. Our data set ranges from job openings per capita for STEM graduates to annual median wage growth for STEM jobs.

STEM Job Market in Cincinnati (1=Best; 50=Avg.)

36th – STEM Employment Growth
24th – STEM High Schools Index
16th – Annual Median Wage for STEM Workers (Adjusted for Cost of Living)
7th – Housing Affordability for STEM Professionals
22nd – Unemployment Rate for People with a Bachelor’s Degree or Higher

Worship the Moon: Mid-Autumn Festival 101

panda mooncake midautumn festival

Today is Mid-Autumn Festival, a day of “intangible cultural heritage” in Mainland China.

The official harvest festival is celebrated all over eastern and southeastern parts of Asia. It falls on the the 15th day of the eighth month in the Chinese lunar calendar  during a full moon, which is in September or early October.

Apparently, the harvest festival originated in China during the Shang Dynasty, as early as 16th century B.C.E. It became popular during the Tang Dynasty in 600 C.E. Suffice it to say the activity has happened on the same date for thousands of years. Some of the characteristics of the festival include gathering together, giving thanks and praying for a bountiful future.

In our modern age, the Chinese take this time off as a national holiday to travel, be with family and attend public displays. The BBC published a great look at the festival at this link. Here’s our favorite photo.