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| 3rd Quarter Newsletter 2017 |
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China |
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| Hong Kong |
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| Hong Kong crowned world’s most competitive economy |
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| In the annual ranking by the International Institute for Management Development (IMD) Hong Kong placed first ... |
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| Hong Kong Salary Overview |
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| China |
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| Green Card Upgrade |
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| China is upgrading the Foreign Permanent Residence ID Card (aka Green Card) starting from 16th June 2017... |
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| China Salary Overview |
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| Singapore |
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| Singapore comes out tops in Asia Pacific for talent competitiveness |
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| Singapore came in second after Switzerland in the Global Talent Competitive Index (GTCI) which ranked more than... |
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| Singapore Salary Overview |
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| Thailand |
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| Thailand Eastern seaboard investment plan |
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| This year has seen significant progress on the EEC (Easter Economic Corridor) which has seen a wealth of investment... |
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| Thailand Salary Overview |
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Green Card Upgrade |
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China is upgrading the Foreign Permanent Residence ID Card (also known as Green Card) starting from 16th June 2017.
Existing green card holders can apply immediately for the new card, which will take approximately twenty days to process. Alternatively they can opt to use the existing card until its expiry date, and then get a new card.
The new green cards, which are based on the Chinese citizens new generation identity cards, will have greater benefits for the holders, because they will contain chips embedded with the holder’s information such as name, date of birth, gender etc.
Unlike the old cards, the new version will be machine readable, allowing the holder to access new services including telecoms, finance and transportation. Currently the green card holders still have to carry their passports with them for further identification.
Some of the benefits associated with the green card is holders can use it as a proof of identity to conduct business where ID is required at the counter.
Another aspect of holding a green card is the ability to work in China without applying for a separate work permit.
Since its inception in 2004 only around 10,000 green cards have been issued to foreigners, probably due to the application process being complicated and lengthy.
Photo from South China Morning Post
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Source:
South China Morning Post
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Minimum Wage Increases |
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Only two cities, Shanghai and Shenzhen have set their own minimum wage in 2017, although all regional governments are authorized to do so, and this usually occurs within the first half of the year.
Three provinces, Shandong, Fujian and Shaanxi have also followed suit and set a new minimum wage for 2017.
This reluctance by the majority of regional governments to increase the minimum wage seems to reflect the concern to keep wages in check, especially as the economy in China slows, and they strive to maintain a competitive edge.
Employers in the regions that have increased the minimum wage, will need to check if this has affected their payroll, which will then have a knock on effect for the Compensation and Benefits, C & B (social welfare) contributions.
Shanghai increased its minimum wage by 5% to RMB 2,300 effective 1st April 2017. This represents the lowest percentage increase over the last five years. The minimum hourly rate also increased, from RMB 19 to RMB 20. Shanghai continues to have the highest minimum wage, both monthly and hourly in China.
Shenzhen meanwhile increased its minimum wages to RMB 2,130 monthly and RMB 19.5 hourly, making them the second highest minimum rates after Shanghai. These changes were also effective from 1st April 2017.
The rest of Guangdong province currently has a minimum wage freeze for 2017, Shenzhen acts autonomously to the rest of the province.
The three Provinces that increased the minimum wage operate a group system, effectively separating the Tier cities.
For instance in Shandong from 1st June 2017 group A cities like Qingdao, Jinan and Yantai now have a minimum monthly wage of RMB 1,810, while the minimum hourly rate is RMB 18.1. In group B cities Jinning and Binzhou the rates are RMB 1,640 and RMB 16.4 respectively. Group C cities are RMB 1,470 monthly and hourly RMB 14.7.
In Fujian they have increased wages for the first time since 2015, and have increased the grouping to five groups. Xiamen is group A at RMB 1,700 monthly and RMB 18 per hour. Similarly alone in group B is Fuzhou at RMB 1,650 and 17.5. Group C includes Quanzhou and Zhangzhou at RMB 1,500 and RMB 16. Group D RMB 1,380 and RMB 14.6 and finally Group E RMB 1,280 and RMB 13.6.
Shaanxi province has four groups and also increases the wage for the first time since 2015, with Xi’an alone in group A with RMB 1,680 monthly and hourly at RMB 16.8. Group B (includes Yan’an and Huayin) RMB 1,580 and RMB 15.8. Group C is RMB 1,480 and RMB 14.8 and lastly group D at RMB 1,380 and RMB 13.8 respectively.
Although these increases will be welcomed by the very lowly paid, the fact remains that the vast majority of the Chinese working population earns well above the minimum wage, and wages continue to increase. In 2016 the average wage in 34 cities throughout China equaled RMB 7,605.
Source:
China Briefing |
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Top 5 Candidates in China |
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| Head of Digital, China |
| Nationality: Chinese |
Languages: Native Chinese, English |
| Based: Shanghai |
Availability: One month's notice |
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Skills:
Over 12 years of rich knowledge and experience in Brand building, general business management, and Marketing and Sales areas on global and local leading brands. Proven track record of 1 billion business profit and loss (P&L) owner and organization builder. Multiple academic degrees and experience across Marketing, Marketing research, Finance and Sales channels. Experience in establishing startup companies from 0 to 1. Set up the company legal entity, team and business model, develop and implement business strategy and achievewinning results. Currently leads Prestige Ecommerce platforms general management across self owned site, Tmall and JD stores and Online To Offline (O2O) channels, full profit or loss (P/L) owner and organization owner of dedicated multifunctional team over 100 people.
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| Operation Director, China |
| Nationality: Chinese |
Languages: English, Chinese |
| Based: Shanghai/ Suzhou |
Availability: One month's notice |
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Skills:
- 16 years of working experience in plastic and molding industrial, of which 9 years in management roles in western multinational companies in the automotive industry
- Familiar with operation systems of automotive industrial (e.g. TS16949 system, project management-gate procedures, PPAP, PFD, PFEMA, CP, etc.)
- Rich management experience (e.g. production scheduling, quality and shop-floor management)
- Proficiency in Lean-Manufacturing tools (e.g. VSM, 5S, standardized working instruction, Kanban, TPM, SMED setup reduction, Pull system and production cell, error proofing, etc.)
- Strong technical practice with plastic part design, tool building and molding capability, also familiar with Moldflow, scientific molding methodology
- Strong problem solving capability (e.g. 6 sigma DMAIC, Plan-Do-Check-Act (PDCA), Design of Experiments (DOE) analysis, etc.)
- Strong academic background at Polymer Science and Technology.
- English as working language, spoken communication, report writing and so on
- Lean Enterprise, Operational Excellence, Business Process Set-up and Excellence
For more details regarding these candidates, please contact cc.che@jmgemini.com
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