[Shanghai] Chinese Corporate Ratings and the Evolving Corporate Social Credit System – Best Practices and What to Further Expect

Chinese Corporate Ratings and the Evolving Corporate Social Credit System

– Best Practices and What to Further Expect

Tuesday, 19 January 2021, 6:00 PM 

Ratings have been a steady companion for enterprises in China for many years already. For authorities in China, ratings are a convenient method to "know the customer" and sanction corporate behavior. Since 2014, the Chinese government is working toward integrating the different ratings into a common system, increasing transparency but also allowing authorities to take a more stringent approach toward companies with potential inadequate behavior. Many multinational companies wonder where China stands with that system, what to expect and how to manage the implications.

In this seminar, our speakers will share an overview of China's current corporate rating system, recent developments, and how to best integrate them into the compliance process. They will provide tangible insights on how ratings work in tax and customs authorities and how multinational companies can use this mechanism to better manage compliance and process efficiency.

• What are the most relevant ratings, how do they interact and how to monitor them?
• What are potential sanctions in case of bad rating, what are potential benefits in case of good rating?
• What is the role of different lists (black lists, red lists, watch lists, etc.)?
• What to expect if ratings are shared among different authorities?
• How to improve the corporate rating and what to expect in terms of benefits?
• How to identify and react in case of incorrect rating or defamation situations?

Language: English

Agenda:

• 6:00 PM – 6:30 PM: Registration with light dinner
• 6:30 PM – 8:00 PM: Presentation from legal, tax and customs perspective
• 8:00 PM - 8:30 PM: Q&A
• 8:30 PM - 9:00 PM: Networking

Venue: PwC Innovation Centre, Infinitus Shopping Mall, 3/F, 168 Hubin Road, Huangpu District, Shanghai

上海市黄浦区湖滨路168号 企业天地3号楼

Ticket Price:

• Member: 250 RMB
• Non-member: 400 RMB

This is a pre-paid event! Please complete registration and payment online in advance. No-shows who fail to cancel 24 hours before the event will be charged with the full price.



Please Note: 

• Walk-in Policy: Please note that participants who attend the event without prior reservation will be charged a walk-in fee of RMB 50 if spaces are still available.
• Fapiao will be sent to you digitally to your registered email address in 15-20 working days after the event.
• Any question on registration and payment, please contact chamber_events@sh.china.ahk.de.

Terms & Conditions:

Events have limited seating, so to ensure your attendance we encourage you to register in advance. We cannot guarantee entry to those that have not pre-registered. If you registered for an event but can not attend, please do let us know in advance. No-shows who fail to cancel 24 hours before the event will be charged with the full price.



Please note the views expressed in this event are those of our guest speakers and do not necessarily reflect the views of the German Chamber of Commerce in China | Shanghai. All our events follow the Chatham House Rule unless otherwise stated. The posting of presentation materials is at the speakers' discretion. We reserve the right to use any photograph/video taken at any of our events.