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Chengdu’s Developments

Time is flying by, so let’s have a look – What has changed in Chengdu?
General information about Chengdu
Chengdu is still the fifth-most populous city in China with 14,047,625 people living there. Chengdu is one of the most important economic, financial, commercial, cultural, transportation, and communication centers in Western China. Chengdu Shuangliu International Airport is one of the 40 busiest airports in the world. More than 260 Fortune 500 companies have established branches in Chengdu due to huge demand of Western China.

Development in 2015
In April, several firms based in the German state of North Rhine-Westphalia also kicked off a 2-billion-yuan (US$315 million) project to construct a range of office buildings, research centers and other facilities meant to foster business and cultural exchange between China and Germany.
In May direct flights between Moscow and Chengdu have started. Sichuan Airlines will use Airbus 330 aircraft to travel between Chengdu and Moscow three times per week, opening the west China’s first direct route to Russia.
In July, the 1,578-square-kilometer multi-function area became even more accessible thanks to the opening of a new Metro line linking it with downtown Chengdu, augmenting existing bus routes to the area.
The recent 3rd Sichuan Agricultural Expo & Chengdu International Urban Modern Agricultural Expo, which was held from November 19 and 23, highlighted the integration of modern agriculture with high technology, entertainment as well as the fast-growing e-commerce industry.
Just last month Chengdu Shuangliu International Airport has seen its annual passenger throughput surpassing 40 million on December 10, strengthening the city’s status as China’s fourth-largest aviation hub.

Future development
The construction of Tianfu New Area is implemented in three stages. The first stage was from 2011-2015 which means that it is almost completed. During this stage, the New Century Global Center was built. The multipurpose building in the Tianfu New Area is the world’s largest building in terms of floor area.

InternChina Global Center Chengdu
InternChina – Global Center

The stages also include building and finishing the subway line network in Chengdu. A huge success for Chengdu was their 3. subway line opening with line 4, on December 27th. The plan for the next 3 years is to finish and open 4 more lines making travelling within Chengdu most convenient for everyone.

InternChina - Chengdu metro plan
InternChina – Chengdu metro plan

The mid-term stage is from 2016-2020 and will be used to make full use of the new airport, high-speed railways and expressways and other regional transport hubs and traffic facilities in Chengdu. It is basically used to create a state-level modern industrial highland, and realize the regeneration of an industrial Chengdu.
The long-term period is scheduled for 2021-2030. The goal is to complete all constructions in Tianfu New Area in an all-round way, promote the industrial upgrading and quality improvement, strengthen high-end consumption, scientific & technical innovation and cultural communication, improve the integrated services and build a state-level innovation-oriented city as well as an international modern new city suitable for industries, business, and living.

Chengdu is on the rise and the most successful economy of any mainland Chinese city.

If you want to be a part of the business development, apply here.

Chengdu

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Andrew’s Internship Experience

InternChina Logo Crowne Plaza Chengdu
Andrew studies ‘International Hotel Management’ in his 3rd year at the University of West London. He is enrolled in a four year program in which one of the years must be spend abroad which led him to apply for an internship at the Crowne Plaza Panda Garden in Chengdu.

The 5 star hotel is located 45 minutes outside of the city center and is only 5 minutes away from the Chengdu Research Base of Giant Panda Breeding which is the biggest facility of this kind in the world. It is home to 60 giant pandas, but also has some red pandas and it is one of the biggest reasons foreign guests come to stay in the Crowne Plaza Panda Garden.

Andrew decided to do an internship in China to gain experience in an international company, where he is able to practice the knowledge he learned in several of his classes.

“I really enjoyed studying finance because it will be of great value to me when I obtain my goal and become a general hotel manager in the future.”

The main tasks of Andrew’s internship are making sure that the foreign guests will have an excellent time in Chengdu. As soon as they arrive, he prepares them with a welcome pack, a map of Chengdu as well as the panda base and makes sure they have everything they need.

InternChina - Reference Video Crowne Plaza Panda Garden
InternChina – Reference Video Crowne Plaza Panda Garden

“I start working at 11am every day, which gives me enough time to work out. Sometimes I even go for a swim in the pool. Afterwards I often eat pancakes and bacon in the hotel restaurant before I get ready for work.”

Andrew gets to experience the dream of living and eating in a 5 star hotel every day.

If you want to know more about Andrew’s experience and see how the hotel looks like, watch our video below:

If you are studying something similar as Andrew and want to gain international experience, apply now!

Chinese Traditions, Comparisons, Cultural, Discover Chinese culture, InternChina News, Learn about China, Understanding Chinese culture

Singles’ Day in China

¥ 91 billion = $14 billion = £9 billion= absolute madness

That is how much money the Chinese population spent online in 24 hours, on November 11th to be exact, which is also known as Singles‘ Day or Double Eleven. It was originally invented as a sort of anti-Valentine’s day for the unattached, which developed into the biggest online shopping day of the year.

InternChina Singles' Day China
InternChina Singles’ Day China source

Alibaba Group Holding Limited is a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals.
One of the web portals is called Taobao which is similar to eBay.com. It offers nearly a billion products and is one of the 20 most-visited websites globally.
In comparison: Amazon sells over 200 million products in the USA.

What do you buy online? Electronic devises, clothes, bags, furniture?
Have you ever thought about buying toilet paper for the entire year? Or stock up on toothpaste, tissues or shampoo? No? The Chinese love to buy items like that on the 11/11 because they can save a lot of money and everything gets delivered to their doorstep.

Where did you get your pets from? The local animal shelter? Or maybe a friend gave it to you? Well, the Chinese people buy their pets online! It takes a few clicks, make an online payment, wait a few days for the delivery and voilà: Congratulation, you are a pet owner now!

Singles’ Day is about scoring the best deals, spending the smallest amount of money on goods you have been dying to buy and buying as much as you possibly can.

InternChina China Singles' Day
InternChina Singles’ Day source

A little ‘tip’ regarding online shopping: in case you visit China over Chinese New Year’s and you don’t have a date yet, have a look on Taobao and rent yourself a possible a possible future husband/ wife.

If you want to see the crazy and exicting China through your own eyes, apply here.

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48 hours in Chengdu

“Welcome to Chengdu home of pandas, land of abundance” so let the journey begin…
Day 1
There is no better way to start the day with a nice coffee or smoothie, right? So check out the Bookworm, grab a nice book and plan your day!
• Take metro line 1 to go to Tianfu Square
• Walk from Tianfu Square to People´s park

Tianfu Square is in the center of Chengdu and is filled with high class shopping malls, nice restaurants and overlooked by an enormous Chairman Mao statue. If you walk to the West, you will get to People’s Park after about 15 minutes.

InternChina Chengdu Tianfu Square
InternChina Chengdu Tianfu Square
InternChina Chengdu Tianfu Square
InternChina Chengdu Tianfu Square
  • Enjoy a walk through People´s park
  • Have a tea at one of the traditional tea houses

After you had a little rest, walk over to Kuanzhai Alleys to buy some nice souvenirs for family and friends. You should try out dumplings for lunch at Zhong Shui Jiao at the beautiful Wenshu Monestry. To see more of the cultural sight of Chengdu, go to Du Fu’s Cottage and Jinli Ancient Street which is about 550m long and the buildings are in the Qing Dynasty style.

InternChina Chengdu Jinli Ancient Street
InternChina Chengdu Jinli Ancient Street
InternChina Chengdu Du Fu Cottage
InternChina Chengdu Du Fu Cottage

Tai Koo Li offers a lot of different restaurants, so just walk around and make your decision on a whim. If you haven’t gotten enough of cultural activities yet, enjoy a play at the Opera which could be followed with a beer or two at one of Chengdu’s best bars, the Beernest I.

InternChina Chengdu Beernest I
InternChina Chengdu Beernest I
  • Book a room in the heart of Chengdu

The Mrs. Panda Hostel is a 2 star hostel and offers rooms from $5 a night and is very close to Tianfu Square. It offers free Wi-Fi and has a shuttle bus to the airport.

Day 2
Chengdu is known for their research base of giant pandas and they are too cute to miss out on. I hope you didn’t get too wild last night, so that getting out of bed is easy!

InternChina Chengdu Panda Base
InternChina Chengdu Panda Base
  • Make sure to be there at 8 a.m. so you can watch the pandas having breakfast
  • Take a taxi to Wuhuo Shrine
  • After walking around at the panda base, seeing both white and red pandas, go get some lunch in the park next to Wuhuo Shrine which is the free part of the Monastery.
  • Visit Wuhuo Shrine
  • Go to the Tibetan area and buy some snacks
  • Take metro line one and go to Chunxi Road

Chunxi Road is known as the major shopping area in Chengdu. It is magical and gives you the feeling of being at the Times Square in New York City. The area has plenty of different stores to offer, so make sure you bring enough cash.
After a long shopping haul, sit down and enjoy some delicious dinner and maybe try out some HotPot or other Sichuan food Chengdu is known for.

InternChina Chengdu HotPot
InternChina Chengdu HotPot
  • Go clubbing at Lan Kwai Fong

Lan Kwai Fong looks beautiful at night, especially if you cross Anshun Bridge and it offers plenty of good clubs and bars to dance the night away.

InternChina Chengdu Anshun Bridge
InternChina Chengdu Anshun Bridge
  • Book a room in the heart of Chengdu

If you want to try out a different hostel for the night, the two star Flipflop Lounge Hostel is very popular among young people and is located next to Chenxi Road. You can book a room from $5 per night and is also offers free Wi-Fi.

Are you interested in coming to Chengdu, experiencing the city with your own eyes? Then apply here!

Chengdu Blogs, Comparisons, Cultural, Discover Chinese culture, Learn about China, Understanding Business in China

Major industries in Chengdu

The Southwestern city of Chengdu, located in China’s Sichuan province, is known mainly for its fiery food and giant pandas. But what was once just one of thousands of the nation’s unassuming cities has become one of the biggest cities to watch in China.

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InternChina – Chengdu M(1)

With over 10 million people Chengdu is one of China’s largest cities. Chengdu is an integral part of the Sichuan economy responsible for an estimated 30% of Sichuan’s GDP, which grew 13% to RMB 813.9 billion in 2012.

More and more, second- and third-tier cities like Chengdu are on the rise for local and foreign investment, attracting tourists, businesses and new industries to the city.
Chengdu’s laid back culture, green environment and improving infrastructure, its subway line network which is currently growing, helped to attract a large amount of business to bolster its traditional commercial and tourism industries.

InternChina - Donghu Gongyuan

Chengdu has a prosperous manufacturing sector where over 100 of the world’s top 500 largest corporations have a presence. That is including companies such as Toyota, Motorola, IBM, Nokia, Siemens, Canon and Microsoft but also food and beverage companies, like Nestle and Danone Group, and medical giant’s like GlaxoSmithKline and Unilever.

Chengdu – iPad City

Chengdu is already a hub of sorts for a lot of tech manufacturing. Somewhere between one-third and one-half of all iPads are sold around the world are assembled in Chengdu, while about half of Intel’s microchips are also made in the city.

The number of international air routes that go directly to Chengdu, including cargo routes, making it the biggest hub of international flights in the Central and Western regions of China.

The city’s “hi-tech development zone” has attracted about 29,000, of which 1,000 are foreign enterprises.

Chengdu is growing rapidly within the production and distribution of chemical and new energy products as well as the manufacture and distribution of meat and milk products.

There is not really “one strong industry” in Chengdu, or even two or three, the city is on the rise and it almost seems unstoppable.

If you’d also like to experience the “real”-China and would like to visit Chengdu, apply now!


Picture Sources:
1) http://www.chinatouronline.com
2) http://www.motorola.com/us/home

3) http://www.canon.com/

4) http://www.siemens.com/entry/cc/en/
5) https://www.unilever.com/
6) http://www.nestle.com/

Cultural, Dalian Blogs, Discover Chinese culture, Travel

Dalian – Major city and seaport in the south of Liaoning Province

Dalian is the Southernmost city of Northeast China and China’s northernmost warm water port, at the tip of the Liaodong Peninsula. Dalian is the province’s second largest city and it is often recalled as a bathing paradise.

Let me give you a little more inside about the three main areas in Dalian.
It is always a good idea to check out the downtown area. The one in Dalian presents the historical heritage, exotic flavor and modern charm of the city. The Zhongshan Square, which is also called ‘Nicholas Square’ is the central landmark and due to a mixture of Western style buildings of Romanesque, Gothic and Renaissance designs it got the name ‘Oriental Wall Street’. If you don’t feel like walking, you should definitely tour the city in an antique trolley car from the early 1900s.

InternChina – antique trolley car

If you love the Ocean you should definitely check out the BinhaiRoad. Don’t forget to bring your significant other because it is also called “Valentine’s Road”. In case you are newly weeds, you should go check out the area of Birds Nest Mount Range and the Great Northern Bridge. Binhai road is 32 km long and offers a lot of restaurants and shopping opportunities.

InternChina – BinhaiRoad

Xinghai Park is situated on the Southwestern side of Dalian City and borders Xinghai Bay from which it takes its name. Some 800 meters in length, the park has luxuriant trees and flowers on the landward side while the coastal side comprises a beach of golden sands.

The park attracts many visitors as it is a haven of tranquility as well as offering excellent facilities for bathing. As well as the natural beauty of the park the visitors will be drawn to the architectural delights of the Qile Pavilion, Wanghai Pavilion and Yingchao Pavilion that are connected by footpaths.

The Tanhai Cave can be seen in the Eastern cliffs. The name of the cave means ‘exploring the sea’ and as you descend the steps within it you will find the sea-spray rising at your feet, a truly amazing sight!

Another feature in the park is the Sun Asia Ocean World where you can observe many of the often bizarre creatures that live in the sea. This aquarium is the first in China to have an underwater tunnel from which you can see the marine life. In addition you will see the world’s first underwater pyramid! This is the only museum in China dedicates to a fine collection of fossils from all over the world, each one being several hundred million years old.

InternChina - Xinghai Park in Dalian
InternChina – Xinghai Park

Dalian and its cuisin, breathtaking views, 7 million people and endless white beaches is definitely worth visiting. If you want to read more about InternChina and its internship locations, click here.

Comparisons, Cultural, Dalian Blogs, Discover Chinese culture, Understanding Chinese culture

Welcome to Dalian!

We all know that China almost has over 1, 4 billion people. Around 7 million of them are living in Dalian.That is about as much as the capital of the United Kingdom has.

Dalian has a significant history of being used by foreign powers for its ports and is still divided into two sections: a former Japanese district and a Chinese residential area. Moreover, Dalian offers a variety of seafood and you can find a lot of Korean and Japanese restaurants.

Doesn’t that all that super interesting? Right, so let’s talk more facts:

InternChina - Dalian
InternChina – Dalian

Dalian is a sub-provincial city in the Eastern Liaoning Province in China, and also China’s northernmost ice-free seaport. It is located on Korea Bay north of the Yellow Sea and roughly in the middle of the Liaodong peninsula with a coastline of 1,906 km (1,184 mi). That means lot’s of beaches.
Doesn’t that also sound pretty amazing? Let me give you some details about the climate:

Dalian has a monsoon-influenced humid continental climate, characterized by humid summers due to the East Asian monsoon, and cold, windy, dry winters that reflect the influence of the vast Siberian anticyclone.

Dalian governs the majority of the Liaodong Peninsula and about 260 surrounding islands and reefs.
With a huge, well-protected harbor, modern freight-handling facilities, and fine rail connections, Dalian is the chief commercial port of Northeast China and an oil-exporting port.

It is also a major industrial center with large shipyards, fisheries, an oil refinery, textile mills, chemical and fertilizer plants, and factories making locomotives, rolling stock, and electrical equipment.
China’s largest diamond deposit is nearby.

In addition to that, the city is considered as the fashion capital of China. Who would have thought that, right?

It is also the financial center of Northeast China which indicates how important Dalian is.

 

And here are some important facts about Dalian’s history:

  • The city began as a Russian town and port, and then it was part of Japan’s mainland colony from 1905 until 1945.
  • 1858 The British Empire occupied the area.
  • 1898 The Russians built a town there to support their railroad and port.
  • 1905 The Empire of Japan conquered the area.
  • 1945 The USSR took control of the area.
  • 1985 Dalian was designated as a Special Economic Zone.

Dalian sounds very interesting and like a lot of fun? Come visit and check out more about our programmes

Uncategorised

Yuan devalued by 2% to boost the Chinese Economy

On Monday, August 10th 2015, China’s decision to devaluate the Yuan by 2% became public. The reasons for the devaluation seem to be the falling exports and a slowed down manufacturing sector. With a depreciation of the Yuan, the Central Bank hopes to push down the borrowing costs and to increase China’s exports as it could offer cheaper prices again.
According to the People’s Bank of China the trading band was reset at 6.2298 US Dollar (-1.9%). The so called “one-off depreciation” causes the Yuan to be at its weakest point against the US dollar since three years.

In comparison to other Asian currencies, the Yuan against the dollar had become relatively expensive. As a result, China implemented fiscal, monetary and equity-boosting policies, but all of these attempts to diminish the fear of an economic slowdown seemed to fail.

Another or maybe the only way to boost the economy again was the depreciation of the Yuan. However, the consequences of devaluating the currency might be fatal. Most likely China’s competing currencies, like the Singapore dollar, the South Korean won or the Taiwan dollar, will fall as well. This “could generate headlines heralding the start of a devaluation war”, according to Masafumi Yamamoto, senior strategist at Monex in Tokyo (theguardian.com).
Also other currencies like the Australian dollar and regional markets reflect the impact of the depreciation as investors are worried about an ongoing fall in demand from China’s economy.

Next to the possible snowball effect of the world’s second biggest economy by GDP on the other Asian currencies, the devaluation could also set off copycat devaluations by central banks to keep their own competitive position against China.

 

Some other possible theories about the devaluation of the Yuan are (theguardian.com):

“The devaluation may be an attempt to make trading more open and market-based”, observers said.

“I don’t think this is a reaction to the weak trade data over the weekend, I think it’s because of the SDR,” said Zhou Hao of Commerzbank in Singapore.

“They need to have a market-based mechanism and they need volatility.”

 

InternChina - Yuan
InternChina – Yuan

 

Source:
The Guardian. 2015, China devalues yuan by 2% to boost flagging economy. [Online] Available at: http://www.theguardian.com/business/2015/aug/11/china-devalues-yuan-by-2-to-boost-flagging-economy [Accessed 11th of August 2015]

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