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Surprising Harbin - Little Boy with a Big Heart
Did you know . . . that a nine-year-old boy from
Harbin purchased hundreds of books recently and
donated them to a charity helping AIDS
orphans. For the past year, Sun Huixi has been
selling used ottles, saving thousands of Yuan
which he used to buy 800 books which he
donated to the Red Ribbon Family, China's first
home for AIDS orphans. Books include the
Green Fairy and Hans Christian Andersen
Fairy Tales.
According to the boy's mother, Sun has always
been very generous to people in need. Last
year, some photos of orphans with AIDS in the
newspaper which motivated him to make a
difference.
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Dear Friends:
Virtually everyone knows of the opportunities to
outsource from China, to establish factories and
to build residential and commercial property.
Not so commonly known may be the best
business opportunities of all – investment in
public works projects.
While privatization of public works has been a
slowly evolving concept in the United States, it
is a leading edge concept in China. As China
transforms from a state-owned-everything
economy to a free-market economy, the
government’s divestiture of enterprises is an
aggressive policy. Interestingly, transfer from
private to public sector ownership does not stop
with what we in the west think of as traditional
private enterprises. The Chinese are more than
willing to provide for public needs by inviting
private capital to directly fund projects such as
highways, bridges, water treatment plants,
sewerage facilities, power generators and
transportation systems.
Properly negotiated, the opportunity to “own” a
toll way or rapid transportation system can bring
enormous financial rewards.
No where are such opportunities more plentiful
and favorable than in Harbin. One such project
is called Fourth Ring Road. It is a vital link
between the current city of Harbin and the New
City development, which will double the size of
the urban city area. Under the current proposal,
the city has offered up the Fourth Ring Road for
private investment, construction and ownership.
Between five and nine toll booths will generate
sufficient revenue to provide for a high rate of
return.
For more information about this project, and
others, drop us an email.
By way of update, we are schedule to be off
tomorrow (November 8) for Harbin with Frank
Portillo, owner of Brown’s Chicken and Pasta and
our joint venture partner in the proposed
Hollywood Food Palace. We will be met there by
a group of American investors, who will be
arriving from Vietnam to discuss the new
restaurant.
Have a productive week!
Larry P. Horist
President - HBE
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| Harbin’s industry and mountain tours attracts |
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China’s policy of revitalizing its northeast region
has
gained the public’s eye. At the center of all this
is
Harbin, the Capital of China’s Heilongjiang
province.
Being northeast China’s historic industrial base,
Harbin has gained the attention of the tourist
and
entrepreneurs not only through its industry but
also
through its beautiful mountains.
Apart from downtown, mountain climbing tours
display another characteristic of the area. The
varieties of mountain vegetation are changing to
warm autumn colors of red, orange and yellows
during this time of the year.
China’s natural site is not the only area that has
been attracting tourists. Harbin City has
organized
industrial travel tours. Some examples are the
oil
cultural tour in Daqing, on of China’s traditional
oil
fields; the military industrial tour to the Hua’an
machinery company and Harbin’s no. 3 electric
power
generating company.
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| Japanese Ramen in China? |
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On business trips to Tokyo, Osaka and other
cities,
Ma Songbo says he would eat up to 10 bowls of
ramen a day. After falling for the Japanese-style
ramen, Ma has decided to open a restaurant in
Harbin serving this particular type of ramen.
Ma Songbo, President of Eastern Dumpling King
chain based in Harbin, is a
veteran of the food service industry and owns a
chain of shops serving gyoza (fried dumplings
stuffed
with minced pork). He says he will have to alter
the
recipe to match the Chinese taste. His plan is
the
open the first restaurant in Harbin and open 300
more within three years.
Ma first started 12 years ago. Now, his success
has
lead him to investments in education and
cemetery
management. Ma says, “My biggest problem is
deciding what business to put my money in.”
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| PROMOTING TRADE THROUGH EDUCATION |
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The School of Entrepreneurship and Business
(SEB)
of the University of Essex, Southend, has now
established new but firm working links with
several
leading Chinese universities for joint activities
on
research, management training programs and
academic program development in
entrepreneurship
and innovation.
Aiming mainly at the postgraduate and industry-
specific markets, SEB proposes to work with
institutions such as Harbin Institute of
Technology.
Professor Jay Mitra, head of SEB, who has only
just
returned from another visit to China
said: “China’s
business market is phenomenal and offers
considerable opportunities for both commercial
and
educational links for many organizations. “China
has a
lot to offer not only in terms of markets but also
in
relation to learning opportunities.
SEB is working on both research and education
programs and developing a range of initiatives
aimed
at helping British and Chinese businesses,
especially
the smaller firms, gain partnership access to
each
other’s countries and in selected regions which
offer
compatible opportunities.
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| TRANS-SIBERIAN OILWAY |
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China's first private oil pipeline to import oil
from
Russia is expected to be completed and start
operation next year, sources said. An 18-mile
cross
river pipeline will link railway lines between
Heihe, a
port city in Northeast China's Heilongjiang
Province,
and Siberia's Blagoveshchensk in Russia. With
an
estimated total investment of US$64 million,
Heihe-
based Xinghe Industries Development Co Ltd.
will
invest US$43 million, and the Moscow-based
Russian
Lanta Oil Company will contribute the remaining
US$21 million.
The whole project is expected to be completed
in
September 2006, with an initial annual
transporting
capacity of 3 million tons of oil. It may reach its
full
capacity of 5 million tons by the year 2008.
China
now imports about less than 10 million tons of
crude
oil from Russia each year. The number will reach
15
million tons in 2006, according to an agreement
signed between the two countries last October.
Earlier this year, the
province has called for more privately-owned
companies as the main forces to exploit the
Russian
markets.
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