Chinese government authorities have recently issued a series of policies and draft amendments to push forward the establishment of the Social Credit System (SCS). Foreign enterprises are particularly concerned at how the SCS could affect the business operation of their Chinese subsidiaries.

As the Social Credit System will be largely in place by the end of 2020, SCS is no longer just a vision. With the window of opportunity rapidly closing for companies to prepare for these regulatory ratings, companies need to stay alert for the upcoming the SCS and expect that heavy non-compliance will immediately lead to a listing as a distrusted entity, followed by costly sanctions.

• 2019-11-29 | 16:00 - 17:30
• European Chamber of Commerce in Shanghai

The European Chamber is delighted to invite you to attend a presentation and discussion on Trade Disputes, Uncertainties and the Impact on Supply Chains, which will take place on Friday, 29th November, from 13:30 to 15:00, at the European Chamber Shanghai office.

The world we live in now has never been more interconnected. The powerful yet unpredictable blend of trade, technology and globalisation has extended to us just as many benefits as it has risks. While some are reaping the benefits of this rapid worldwide integration, many others are stuck trying to mitigate its risks. To add another layer of complexity, businesses in China are also avoiding the adverse effects of the ongoing trade war and navigating China’s unique business environment. Is it even possible to make sense of this hypercomplexity?

Mr. Jon Cowley, an International Trade Partner from Baker& McKenzie Hong Kong, will share critical insights on how current trade disputes and uncertainties are affecting company supply chains across China and APAC and what are the strategies one can adopt to surpass resulting challenges. If you would like to further your ability to navigate today’s complex business environment with the latest insights on trade developments, we strongly encourage you to join our event!

• 2019-11-29 | 13:30 - 15:00
• European Chamber Beijing Office C405

Chinese government authorities have recently issued a series of policies and draft amendments to push forward the establishment of the Social Credit System (SCS). Foreign enterprises are particularly concerned at how the SCS could affect the business operation of their Chinese subsidiaries.

The SCS will establish an information-sharing platform covering all the rating information on all companies registered in China. In principle, the equal enforcement of regulations will likely to create a more level playing field. However, this may be an overly optimistic interpretation, as the system does have the potential for discriminatory use towards international companies, as well as other major concerns such as the “joint sanctions” – blacklisted companies will receive not only sanctions from the government enforcement authority, but should restrictions and negative treatment from other government agencies.

• 2019-11-29 | 16:00 - 17:30
• European Chamber Office Beijing

In order to support the implementation of Foreign Investment Law, the Ministry of Commerce (MOFCOM) has initiated the public consultation of Provisions on Foreign Investment Information Report (Provisions) and Notice on Matters Related to the Report on Foreign Investment Information (Notice) as the supplementary measures for the Provisions.

• 2019-11-25 | 09:10 - 11:30
• European Chamber Shanghai Office

In order to support the implementation of Foreign Investment Law, the Ministry of Commerce (MOFCOM) has initiated the public consultation of Provisions on Foreign Investment Information Report (Provisions) and Notice on Matters Related to the Report on Foreign Investment Information (Notice) as the supplementary measures for the Provisions.

• 2019-11-25 - 2019-11-25 | 09:10 - 11:30
• European Chamber Beijing Office C405

The European Chamber invites you to a seminar sponsored by DS Avocats where speakers and participants will enjoy a discussion on the opportunities for companies looking for new investments opportunities.

• 2019-11-01 | 09:30 - 12:10
• European Chamber Shanghai Office, Shui On Plaza, Unit 2204

As the uncertainty during this trade dispute is prolonged, there is more that companies can do other than to sit and wait. The European Chamber of Commerce is delighted to invite Dr. Deming Zhao, Partner of Global Law Office to share his insights on the potential risk that comes with the trade war and discuss possible solutions for this conundrum.

• 2019-10-10 - 2019-10-10 | 10:00 - 12:00
• European Chamber Shanghai Office

As the uncertainty during this trade dispute is prolonged, there is more that companies can do other than to sit and wait. The European Chamber of Commerce is delighted to invite Dr. Deming Zhao, Partner of Global Law Office to share his insights on the potential risk that comes with the trade war and discuss possible solutions for this conundrum.

• 2019-10-10 | 10:00 - 12:00
• European Chamber Office Beijing

Since the establishment of the Shanghai Waigaoqiao Free Trade Zone in 1990, the State Council has approved the set-up of over 160 CSSAs in terms of bonded zones, export processing zones, bonded logistic parks, bonded ports, comprehensive bonded zones and cross-border industrial zones.

The Logistics Working Group welcomes Mr. Eric Zhou, Head of Trade & Customs, KPMG China to discuss the latest development of CSSAs and have a comprehensive review.

• 2019-09-03 | 14:00 - 16:30
• European Chamber Office Beijing, 4th Floor, Room C405

Since the establishment of the Shanghai Waigaoqiao Free Trade Zone in 1990, the State Council has approved the set-up of over 160 Customs Special Supervision Areas (CSSAs) in terms of bonded zones, export processing zones, bonded logistic parks, bonded ports, comprehensive bonded zones and cross-border industrial zones. Each of these areas enjoys different preferential benefits, is regulated by different policies or rules and runs different processes.

The Logistics Working Group welcomes Mr. Eric Zhou, Head of Trade & Customs, KPMG China, to discuss the latest policy development of CSSAs and give a comprehensive review on the overall regulatory framework.

• 2019-09-03 - 2019-09-03 | 14:00 - 16:30
• European Chamber Office Beijing, 4th Floor, Room C405