The European Union Chamber of Commerce in China would like to invite you and your partners to our next Executive Briefing on 31st October, 2019 at Le Petit Paris Yantai. This is a valuable opportunity for all top executives to meet and discuss the opportunities and risks not only in Shandong province but also in Europe and China by inviting experts to share their insights of their respective fields.
We will invite Mr. Jacob Gunter, Policy and Communications Manager of the European Chamber to present on two hot topics – The US China Trade War and the Corporate Social Credit System.
US China Trade War:
The ongoing US-China trade war has affected many European companies that do business in China. The European Chamber recently surveyed its members on the effects they are feeling as they find themselves caught in the crossfire of a steadily escalating number of tariffs on both sides of the Pacific. Mr. Gunter will share the survey findings and chamber’s position on how European companies are being affected by the US-China Trade War.
Corporate Social Credit System (SCS):
China’s Corporate SCS, the innovative and comprehensive vision of using modern technologies to monitor, condition and steer market participants, is moving decisively forward with its planned rollout in 2020. Until now, the discussion has focused primarily on the potential impact of the SCS on individuals in China, while the ramifications of the Corporate SCS have remained largely under the radar. To address this, the European Chamber has partnered with Sinolytics to publish a major report that details the acute disruptions that European companies will face, and what they must do to ensure compliance.
The widespread implications of the Corporate SCS include, for example: requirements for companies to regularly transfer corporate data, which will then be published and publicly available in national databases; tax ratings that are based not only on tax-specific requirements, but also individual ratings of responsible personnel, and even media reports about respective companies; companies’ credit scores will be impacted by the ratings of their suppliers and business partners.
The European Chamber Policy and Communications Manager Mr. Gunter will present the main findings of the report, shed further light on the issue and share first-hand experiences.
Agenda:
12:15-12:30 registration
12:30-13:30 lunch and networking
13:30-14:30 presentations and Q&A
Remarks:
Please ask the hotel for fapiao if needed.
Cancellation Policy:
If you cannot attend an event for which you have registered, please cancel your registration no later than 24 hours prior to the event, otherwise the full rate will be charged.