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The Corporate Social Credit System – A Practical Approach
21st November 2019 | 4:30 pm - 6:30 pm
| The City
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The full implementation of the Corporate Social Credit System (CSCS), China’s new scoring framework to rate the behaviour of businesses, is looming over us. To be on the safe side, companies operating in China are ramping up their preparations for this new system that brings compliance requirements to a whole new level.
Back in April, the Communist Party’s Central Committee rolled out a plan for a single, all-encompassing database that would include every company’s records (from utility bills to tax payments) and would reward or sanction businesses accordingly.
One of the main concerns of companies today is the lack of clarity that still clouds this plan and its implementation. How can companies check their own score and that of partners? Should employers keep track of their staff’s personal ratings too?
In this seminar, Fiducia Expert Hudson He will address these and other common questions. As a participant, you can expect to walk out of the event with an outline of key actions you can take to make sure that the CSCS does not catch your company off guard.
This event will then be followed by a wine tasting & networking evening.
Agenda
16:30 – 17:15 Fiducia
17:15 – 17:30 Break
17:30 – 18:15 JYC Law Firm
18:15 – 18:30 Q&A
19:00 – 21:00 Wine Tasting
Speaker
Hudson He
Finance and Accounting Manager, Fiducia Management Consultants
Hudson He heads both South and North China Finance and Accounting teams and travels frequently between these locations. He comes from a background of working for 6+ years in a “Big 4” accounting firm. Before joining Fiducia, Hudson worked in a technological Sino-US joint venture as a finance/audit manager responsible for China mainland accounts. He is an experienced CPA registered with the China Association of Certified Public Accountants. He holds an MBA from the Shanghai University of Finance and Economics. Hudson is a native Chinese speaker and speaks English fluently.
Fiducia Management Consultants have been helping clients to successfully establish business operations in Greater China for 37 years. With 4 teams located in Beijing, Shanghai, Shenzhen, and Hong Kong made up of over 120 multilingual employees, Fiducia combines international expertise and local know-how to provide China Consulting, Corporate Services, Finance & Accounting, Tax Advisory, Trade & Technology, and Executive Search.