2012年11月19日 星期一

Financial District Project in China Has Local Support - NYTimes.com by Keith Bradsher

2012-11-19

TIANJIN, China — China is full of big bets that the country’s breakneck economic growth will continue apace, but few are bigger than the vast Yujiapu financial district here.

Nicknamed China’s new Manhattan, the district comprises at least 47 skyscrapers being built on desolate coastal salt flats 100 miles southeast of Beijing. Financed by huge loans from state-owned banks, the district is an immense public works project, and is closely associated with Zhang Gaoli, the little-known Communist Party secretary of Tianjin who joined the new seven-member Politburo Standing Committee last week at the end of the 18th Party Congress.

Mr. Zhang has emerged as the man expected, after approval by the National People’s Congress in March, to handle day-to-day management of the Chinese economy. He won out over Wang Qishan, who has a much deeper background in economic and financial policy making and was seen as likely to clash with and perhaps even overshadow the incoming prime minister, Li Keqiang. Chinese leaders have not forgotten how Zhu Rongji, with a similarly deep background, managed to dominate economic policy making from his position as executive vice premier in the mid-1990s.

As the Yujiapu project makes clear, Mr. Zhang has been a defender of huge government-guided investments, an approach that very much fits the mold of ambitious party officials eager to get ahead within the existing power structure. At the same time, say experts and people who know him, he has cultivated an image as a stern bureaucratic taskmaster, a politician who can get things done by working with powerful business interests rather than challenging them.

“He’s a very strong guy,” said Jean-Luc Charles, the general manager of Airbus’s assembly plant here for the A320 jetliner, who had nothing but praise for Mr. Zhang. “He sets a target and people run.”

But Mr. Zhang also has some surprising characteristics. In Tianjin, he has pushed to expand retailing and other services as a way to create jobs beyond construction and manufacturing. He also is an advocate for firm environmental and labor standards aimed at improving the lives of ordinary Chinese.

After a series of increases during Mr. Zhang’s tenure, the city’s minimum wage is now 4 percent higher than Beijing’s — even though Tianjin is considerably poorer over all. And while Tianjin cracked down on labor protests in the summer of 2010, the municipal authorities have since set up a trade union for migrant workers, who usually have few legal protections.

The migrant workers’ union “negotiated a reasonable deal for sanitation workers in the city,” said Geoffrey Crothall, the spokesman for China Labor Bulletin, a nonprofit group in Hong Kong that favors the establishment of independent unions in China.

Tianjin residents described two street protests here in April, one against a $1.7 billion expansion project at a chemical plant and the other against a real estate developer who was accused of absconding with apartment buyers’ deposits. The authorities were quick to negotiate compromises in both cases, suspending construction at the chemical plant, even though it was being built by Sinopec, one of the largest state-owned enterprises, while tracking down the developer and requiring restitution. They did not resort to calling riot police to disperse the protesters, as municipal leaders have sometimes done elsewhere in China, residents said.

Tianjin has adopted many Western pollution regulations and in some cases tightened them further. Air and water emissions from the Airbus factory here are monitored by pollution equipment that is connected around the clock to government monitoring computers.

It is not clear, though, whether these policies reflect a personal commitment by Mr. Zhang to progressive social policies or his penchant for setting rules and making sure people follow them. Perhaps both.

“Zhang is very strong with all the regulations — do it in accordance with the regulations and no joke,” Mr. Charles said.

Mayor Huang Xingguo of Tianjin, the second-ranking official in this city of 13 million after Mr. Zhang, cited the city’s many parks and its air quality — though by some estimates it is only marginally better than Beijing’s — at a news conference in Beijing late last week during the party congress.

At the same time, he added a commercial note that captures the tone of the city’s administration: “We hope you come to Tianjin to buy houses.”

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http://www.nytimes.com/2012/11/20/world/asia/the-new-manhattan-of-china-has-local-support.html?n=Top/Reference/Times%20Topics/People/B/Bradsher,%20Keith?ref=keithbradsher&pagewanted=print

企業管治有助改革 / 維基解碼 by 王維基

19 Nov 2012 00:00:00 GMT

  承接上周五的文章,今日續談安永企業家大獎2012香港區大獎得主,美心集團的主席兼董事總經理伍偉國先生。

 

  之前提到最低工資對美心集團的影響。與他的十幾分鐘對話中,我最認同他的一件事,是如何在過往二十年間,將美心由傳統家族生意變成今天具規模的生意。

 

  首要的,是要令集團內的家族長輩相信,改革可以令集團變得更好。他首先成立新團隊,開了一家新餐廳,然後到外國考察,引入他們的經驗。在第一間小餐廳取得成功以後,他再做第二間。改革的過程中,就是需要一步一步地做,逐步取得成功。

 

  到現時,伍先生基本上已更換整個管理團隊,成功引入新思維。更重要的是,他引入怡和集團,成為持股量50%的股東;整個集團亦因為新股東的加入,而更加堅守企業管治,令美心集團即使不是上市公司,也擁有與上市公司無異的企業管治標準。

 

  這令我想起自己公司在2005至06年改革時所走的路—運用企業管治去令營運踏上正路。雖然要按一定指引做事,但得到的裨益遠超營運上的不便。

 

轉載自晴報