The Corporate Social Credit System (CSCS) is changing the regulatory context for all companies in China, including European businesses. From MNCs to SMEs - the CSCS rating mechanisms come with challenges as well as opportunities for everyone. To avoid the severe consequences of negative ratings and blacklistings while at the same time benefitting from the advantages of the CSCS, a solid understanding of its inner workings is indispensable. But the intricacies of the system make it highly difficult to navigate. Many misunderstandings about the CSCS are still prevalent, hampering companies’ ability to clearly assess the implications of the CSCS and make well-informed decisions on necessary reactions.  

The experts of Sinolytics have closely observed and analyzed the evolution of the CSCS every step of the way since the beginning of its implementation more than five years ago. They have gathered precise information about the CSCS from hundreds of government documents as well as from the practical experience of working with companies helping them to prepare for the CSCS. Among others, Sinolytics has worked with many of the German DAX30 companies.

With the report “The Digital Hand – How China‘s Corporate Social Credit System Conditions Market Actors”, published in collaboration with the European Chamber, Sinolytics has provided the currently most comprehensive and up-to-date overview of the CSCS’ goals, mechanisms and implications for European Business.

As the CSCS applies to all companies active in China, regardless of size or industry, the training is designed for all European Chamber members. The session includes a section on the differentiation of challenges between SMEs and MNCs, outlining specific approaches for smaller and larger companies.

During the training session, Sinolytics experts provide participants with:

• Description of the CSCS: its vision and goals, its principles and mechanisms, its data infrastructure and on-the-ground implementation
• Overview of the implications of the CSCS for European companies doing business in China, pinpointing risks as well as opportunities
• Guidance on the preparatory measures that companies, SMEs and MNCs, need to consider in order to manage the challenges of the CSCS effectively and efficiently

Agenda:

08:45-09:00  Registration
09:00-12:00  Morning session
12:00-13:00  Lunch break
13:00-17:00  Afternoon session

About Sinolytics

Sinolytics is a European specialised consultancy entirely focused on China. The company is based in Berlin and Zurich with teams operating from Beijing and Shanghai. It provides in-depth research, expert analysis and strategic advice at the nexus of business and policy. Sinolytics consults international firms, investors and the public sector, enabling well-informed China strategy development and decision-making. Sinolytics provides deep expertise on China’s economic, industrial and technology policies and regulation, including new forms of big data enabled business regulation and regulatory ratings. It also puts a focus on the opportunities and challenges of China’s rapid digital transformation, advising on digital and technology strategies, venture capital investment, partner scouting and competitor analysis.

Helping companies to prepare for the changing regulatory environment in China is one of Sinolytics’ most specialised services. China’s government, using increased monitoring and processing capacity enabled by new technologies, is significantly improving the implementation and enforcement of market regulation. Sinolytics experts have analysed this shift in China’s regulatory system for many years, building deep expertise and experience.

Sinolytics supports its clients to identify compliance and strategic gaps early on and to effectively manage the new reality of enhanced regulatory scrutiny. Sinolytics had the privilege to work with a number of the largest corporations in Germany, Europe and the United States. Sinolytics is working with MNCs, many listed in the DAX30, as well as with SMEs active in China Operating at the nexus of business and policy, Sinolytics advises companies from all business and industry sectors, and in all related functional areas. The company has a particularly strong track record in automotive and automotive suppliers, mechanical engineering, consumer electronics, chemicals and pharmaceuticals.

www.sinolytics.de

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A/C Name: 中国欧盟商会
A/C No.: 7110210182500027543
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北京市朝阳区新源南路6号京城大厦 

EUCCC Nanjing reserves the right to steer the configuration of workshop participants to enable productive dynamics for discussion and mutual learning.

Cancellation:
Limited seats available, chamber members have the priority for registration.
If you cannot attend an event for which you have registered, please cancel your registration no later than 24 hours prior to the event. If you fail to notify us of your cancellation in a timely fashion, you will be fully charged for event costs. You may cancel online or notify the contact person in the European Chamber.

Speakers

Ms. Luisa Kinzius

Project Leader, Sinolytics

Ms. Luisa Kinzius

Project Leader, Sinolytics

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Luisa, Project Leader, is a specialist on Chinese market regulation. She extensively worked on projects analyzing the impact of big-data enabled market regulation and regulatory ratings on companies. She also observes the current trends in China’s FinTech industry as well as emerging blockchain-based business models. Prior to Sinolytics she worked at the Rhodium Group, NYC, focusing on foreign investment activities in China. She holds a M.Sc. in Economics from the LMU Munich and a B.Sc in Economics from the University of Mannheim. During her studies she spent one year studying Economics and Chinese at the Nanjing University.

Mr. Markus Herrmann

Director and MD Switzerland

Mr. Markus Herrmann

Director and MD Switzerland

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Markus Herrmann, Director and MD Switzerland, is an experienced advisor to European corporate and public sector clients focusing on business-policy nexus topics including regulatory ratings/CSCS, the Belt and Road Initiative, policy-based growth strategies, technology transfer- and partnerships or government affairs strategies. He combines deep business understanding with policy analysis expertise and six years working experience in China. Prior to Sinolytics, Markus worked as a Government Affairs & Advocacy Director with Bayer MaterialScience (now: Covestro) in China and as Management Consultant with The Boston Consulting Group in its Shanghai, Hong Kong and Zurich offices, focusing on financial services and industrial goods. Markus holds a MLaw from the universities of Bern and Geneva with focus on international public law and WTO law as well as a CAS in Public Policy from ETHZ.

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