Why Attend This Summit?

Who Should Attend?

March 16, 2023

Thursday

08:30-09:00

Sign-in and Morning Tea

09:00-09:05

Chair’s Welcome and Opening Address

09:05-10:20

10:50-11:10

Luncheon and Networking

10:20-10:50

Data analysis of recent administration penalties against companies

Brief of common penalty cases of processing trade companies

Dos and don’ts in daily work

11:10-12:25

Discussion about Origin Rules in Practice and Related Hot Topics under the Current Trade Environment

Case studies of common problems about origin rules in practice, eg.

Afternoon Refreshment and Networking

16:45

Chair’s Remarks and Day One Sessions Ending

March 17, 2023

Friday

08:30-09:00

Sign-in and Morning Tea

Chair’s Welcome and Opening Address

09:05-10:20

Common problems in customs value declaration (case studies)

Morning Refreshment and Networking

11:55-13:00

Luncheon and Networking

Afternoon Refreshment and Networking

16:20

Chair’s Remarks and Day Two Sessions Ending

Common Risks and Compliance Solutions for Bonded Processing Trade Companies

Interpretation of the key points in GACC announcement No.54

o Comparison with GACC announcement No.161 and conclusion

o New policies/clarified definitions

o How to handle “the same tax-related violation”

o Problems about “to be clarified”

o Scope of application and key points in practice

o Summary: thoughts about “softening policies” and “tightening policies”

15:10-15:30

15:30-16:45

Case Studies and Experiences of Customs “Repairs” and the key points of the Internal Audit/Compliance under the Current Customs/Trade Environment

Case Studies and Experiences Sharing of Customs Problems and Customs “Repairs”

Priorities at each step: pre-audit, during the audit and post-audit

Methods/tools for establishing and implementing the internal audit/compliance management

Methods for identifying potential risks and risk levels

Current internal/external notable elements that may affect the upgrade/improvement the internal audit/compliance management

09:00-09:05

10:20-10:40

10:40-11:55

Interpretation of the new policies of AEO Authorization and Common Practical Problems in AEO Authorization

Common Problems in Customs Value Declaration and Prevention of Compliance Risks

Case Studies/Experience Sharing: Establishment and Implementation of Customs “Repairs” and Compliance

13:00-14:00

Main changes from GACC announcement No.88 2021 to GACC announcement No.106 2022 Interpretation and conclusion of the New Criteria for Advanced Certified Enterprises

Interpretation of Export Control Licensing System from a Practical Perspective (mainly China and US)

14:00-15:15

Recent customs enforcement situations and the trends

Recent key points in customs audit with case studies

Solutions and risk prevention of customs audit

Matters related to integration of customs and inspection in customs audit

How to plan works related to inspection and quarantine in order to reduce risks of customs audit

Panel Discussion: Current Customs Risks and Solutions, and the Improvement of the Qualifications and Skills about Compliance

15:35-16:20

Recent reforms, key changes and trends of customs supervision, and the risks and challenges they bring to the customs-related works

How to tackle with the tightening policies about special industries/goods and other relevant international trade control

How to better improve the necessary skills of managers involving in customs affairs

How to improve the abilities to identify compliance risks and risk levels Upgrade/improvement of customs-related works under the changing domestic customs situations and international trade environment

How to train managers involving in customs affairs to keep with the pace of the trend Improvement of the qualifications that managers need to have under the current domestic customs situations and international trade environment

Compliance management from a global and sustainable perspective under the international trade environment

In 2022, China customs keep implementing the policies such as “customs fully play its roles”, “enhance the support and guidance of policies, help companies release their load and increase the efficiency, continuously optimize the port business environment, reduce the duration of customs clearance, cut the document works in import & export”. Meanwhile, China customs also actively implement the measures such as promoting free trade zone, developing bonded zone, “AEO” mutual recognition and RCEP utilization. When import & export trade companies enjoying the benefits of customs reform and policies, they also need to enhance the compliance management. The current international trade environment is changing, which brings a lot of risks and challenges to the import & export compliance and make the work of compliance practitioners more complicated.

Based on this, Ficient Global will hold “The 7th China Customs & Tax Summit”. We will invite trade compliance experts from well-known law firms and consulting institutions, senior trade compliance managers and officials from supervisory organizations. They will not only interpret the policies but also analyze real cases, so that participants will better understand the relationship between policies and practice and bring the ideas into daily work. The summit will also help companies understand the priorities and risks when they implement the policies, so the companies can use the beneficial policies into practice more precisely and effectively and the risks can be avoided in advance. Besides, our speakers and participants will discuss how to combine customs compliance and company compliance together under the current domestic and international trade environment, and also share the vision and horizon a compliance practitioner should have to catch up with the trend of the world today.

Customs affairs and tariff consulting institutions and law firms

Supply Chain and logistics service institutions

Trade compliance managers/directors, custom affairs managers, compliance managers, import & export managers

Managers of company’s customs/trade compliance

CFO, tax managers, financial managers/directors

Managers of company’s financial, tax and transfer pricing

Supply chain managers, purchase managers, logistics managers and materials managers

Managers of company’s supply chain, logistics and import & export

Legal managers, project managers, business operations directors, sales managers

Professionals from law firms, accounting firms and relevant trade consulting

institutions, etc

State-owned, foreign-capital and private import & export enterprises

Foreign invested production-oriented enterprises

o Interpretation of the scope of application

o Suggested businesses/situations where you can use voluntary disclosure

o Factors/risks need to take into consideration

o Implementation of the voluntary disclosure policy

o Successful cases and best practice sharing

o Practical guidance and dos and don’ts when summiting voluntary disclosure

o Other measures/policies can be used to decrease risks

Implementation and practice of voluntary disclosure (with case studies)

Patrick Xiao      Partner      FANGDA PARTNERS

Jinghua Xu      Senior Customs Consultant, 

Instructor Leader of the Customs Informationize Management, DECS

o How to determine the origins if the raw materials come from different countries

o If the importer and the exporter use different HS Code, how to determine preferential rates of duty and

   the compliance risks

o How to use the RCEP back-to-back proof of origin and the RCEP cumulative rules of origin

More discussions of the origin-related problems regarding recent hot topics (with case studies)

Dolly Zhang      Partner      Deloitte (Shanghai)

Morning Refreshment and Networking

12:25-13:25

Discussions about “Determination” Problems in Customs Rules and Case Studies

13:25-13:55

Policy background

Terms Interpretation

Solutions for companies

Case studies

Guoxin Zou      Project Manager China Certification & Inspection Group Shanghai Co.LTD

Acceptance of the Third-party Service Improves the Facilitation of Customs Clearance

13:55-15:10

Examples of “Determination” Problems

o Is it necessary to provide certain licenses, such as Compulsory Certificate, dual-use items, inspection

   and quarantine certificate…… 

o Is it included in certain supervision scopes/lists/application scopes/preferential policies? 

o Is declaration necessary for certain elements? How to submit a standardized declaration? 

o Definition of violation, smuggle and criminal offense 

o Others

Case studies

o How to analyze your problems? 

o How to search the references: documents/regulations/laws? 

o How to understand the related documents/regulations/laws? 

o How to communicate with the customs? 

o How to improve the relevant customs-related works?

Guiyong Zha      Associate Professor of Shanghai Customs College PhD in Economics

Interpretation of Voluntary Disclosure Policy Updates and the Use of the Policy in Practice

o Special rules of special goods, special industries effected, customs new policies/supervision priorities, 

   COVID-19, changes of the global supply chain

From “Customs compliance” to “enterprise compliance”: How to make them reinforce each other? How to develop both of them? What are the influences for each other? What kind of viewpoints should we have under the current environment?

Lynette Dong      Partner     Ernst & Young

o Declaration of insurance charges

o Declaration of freight charges

o Declaration of commissions

o Payment methods and prices

o Royalties declaration

Common compliance risks and the solutions about value declaration

How to ensure the complete and accuracy of value declaration, and how to do internal check Solutions of customs disputes about dutiable value

May Guo      Partner     Deloitte (Beijing)

o Softening policies and tightening policies

o Impacts on the AEO authorization

Main eligibility criteria and interpretation of its use in practice (e.g. incorrect declarations of tariff-related data, etc.; Are there any unspoken rules?) 

Case studies: Possible situations that may have negative effects on AEO authorization, and risk prevention strategies (eg. paying the overdue duties, penalty records, incorrect customs declarations)

Wang Zhu      Advisor      Ficient Global

Practical examples/case studies of customs “repairs” and the learning of compliance management and risk control

How to establish/plan compliance teams, rules and procedures of customs-related works, how to enhance efficiency and reduce costs

Alex Lu      Head of customs product GCA      MAERSK

Sally Luo      APAC Trade Compliance Manager Burberry (Shanghai) Trade Co., Ltd.

Peter Zhang      Partner      KPMG (Beijing)

15:15-15:35

Flora Sun    Partner    KPMG (Beijing)Customs & trade, Director Greater China & Japan Philips (moderator)

Patrick Xiao     Partner      FANGDA PARTNERS

Frank Xu     Country Trade Compliance Officer      ABB

Peter Zhang     Partner       KPMG (Beijing)

Why Attend This Summit?

Who Should Attend?

 November 23, 2023

Thursday

08:30-09:00

Sign-in and Morning Tea

09:00-09:05

Chair’s Welcome and Opening Address

09:05-10:15

10:30-10:50

Luncheon and Networking

10:15-10:30

Import & Export practice and customs risks

10:50-12:05

Interpretation of the New Policy of Voluntary Disclosure and Study of the Common Problems in Practice

The differences between GACC Announcement No.127 of 2023 and No.54 of 2022 Discussion of common problems (with case studies)

Afternoon Refreshment and Networking

16:40

Chair’s Remarks and Day One Sessions Ending

November 24, 2023

Friday

08:30-09:00

Sign-in and Morning Tea

Chair’s Welcome and Opening Address

09:05-10:25

Morning Refreshment and Networking

11:50-13:00

Luncheon and Networking

Afternoon Refreshment and Networking

16:40

Chair’s Remarks and Day Two Sessions Ending

Implementation and Practice of Customs Compliance

Problems to consider and the proper perspective when set the scope of self-inspection 

Recent common compliance risks, risk identification methods and its implementation in practice

How to maximize the impact of internal audit under the current international and domestic customs/trade environment

The significance of self-inspection, risk identification and internal audit for enterprises, and how to better implementation them

15:20-15:40

15:40-16:40

How to Obtain/Develop Relevant Knowledge/Information and Participate in/Coordinate Businesses as a Customs Manager

Potential businesses that customs managers need to participate

o Supply chain arrangement/planning; logistics, factory construction; investment;cross-border

   businesses planning; tax compliance and planning; foreign currency management; 

   contracts and documents management; legal; finance; recruitment and training

How to participate in/coordinate relevant businesses

How to improve knowledge and skills

09:00-09:05

10:25-10:45

10:45-11:50

International/Domestic Hot Topics that Customs Managers Need to Know and the Consideration and Analysis

Prevention and Solutions of Common Compliance Problems related to Dangerous Chemicals and Precursor Chemicals

13:00-14:15

Current situations of export control/sanctions that Chinese enterprises face 

Current situations, changes and trends of global supply chain arrangement, investment and cross-border businesses 

The impacts of global hot topics (such as sanctions against Russia and Brexit) on Chinese enterprises 

Current situation and development of Chinese enterprises’ compliance management 

Rise and development of key industries; Changes of enterprises’ industries

Common Compliance Risks and Practical Problems of Duty-paying Value

14:15-15:20

Confirmation of duty-paying value (with interpretation of the policies and cases studies) 

Common doubts/disputes/risks (with case studies) 

How to handle customs doubts and price negotiations 

Supplementary declaration of duty-paying value

Hot topics/cases related to price recently

Visions/Horizons that Customs Managers Need to Have Under the Current International/Domestic Customs Trade Environment

15:40-16:40

How to improve efficiency and reduce costs in regular work 

How to have a higher-level compliance mindset as a customs manager 

How to provide useful suggestions/strategies for other relevant businesses as a customs manager

How to participate in the short-term and long-term planning of enterprises as a customs manager 

Potential personal risks for customs/compliance managers and how to prevent risks (violation, sanctions……) 

How to do the self-management and self-improvement as a customs manager

State-owned, foreign-capital and private import & export enterprises

Foreign invested production-oriented enterprises

Customs affairs and tariff consulting institutions and law firms

Supply Chain and logistics service institutions

Trade compliance managers/directors, custom affairs managers, compliance managers, import & export managers

Managers of company’s customs/trade compliance

CFO, tax managers, financial managers/directors

Managers of company’s financial, tax and transfer pricing

Supply chain managers, purchase managers, logistics managers and materials managers

Managers of company’s supply chain, logistics and import & export

Legal managers, project managers, business operations directors, sales managers

Professionals from law firms, accounting firms and relevant trade consulting institutions, etc

Jason Lin    China Customs Director   Global Trade Compliance    ThermoFisher Scientific

Johnny Xie    Operation Manager   Overseas Business    LONGNOWS

o Case studies of tax related risks 

o Case studies of license related risks

Peter Zhang     Chief Advisor     Zhong Yin Law Firm

Morning Refreshment and Networking

12:05-13:00

Interpretation of Current Situation and Trends of Customs Audits

13:00-14:20

Major new policies of bonded businesses and its usage

Guiyong Zha    PhD in Economics    Associate Professor of Shanghai Customs College

Policy highlights, Policy Usage and Other Practical Issues in Bonded Processing Business

14:20-15:20

o Bonded warehouse 

o Customs declaration of rented goods in bonded zone 

o Bonded exhibitions and bonded transfer

Introduction and current situation of customs audits 

Case studies: Recent hot topics about customs audits 

Analysis of the trends of customs audits

 Geogy Ge    Partner    Worldtrade Management Services    PwC

Updates and upgrade of self-inspection, risk identification and internal audit strategies in recent customs/trade compliance

 Sally Luo     APAC Trade Compliance Manager    Burberry (Shanghai) Trade Co., Ltd.

Recent customs penalty situations 

Analysis of recent hot topics and penalty trends under the current environment of customs and trade 

Common risks/circumstances of penalties/violations (with case studies) 

Suggestions for dealing with customs penalties/investigation in practice 

Suggestions for risk prevention and compliance management

May Guo    Partner    Deloitte (Beijing)

Wendy Li     Asia-Pacific Compliance Manager     Sensors BU/TE Connectivity

Frank Xu     Country Trade Compliance Officer     ABB

Brenda Chen     Head of International Trade Compliance     Revvity Singapore Pte Ltd

Compliance risks/mistakes of dangerous chemicals and precursor chemicals

Shanshan Xu     Equity Partner     Zhong Lun Law Firm

15:20-15:40

Moderator: Shanshan Xu     Equity Partner     Zhong Lun Law Firm

Jason Lin     China Customs Director     Global Trade Compliance     ThermoFisher Scientific

Wendy Li     Asia-Pacific Compliance Manager Sensors BU/TE Connectivity

Peter Zhang     Chief Advisor     Zhong Yin Law Firm

Given the ever-changing situation of international trade/customs environment, customs compliance managers are facing more and more difficulties and many new challenges. Customs compliance are not limited to regular works with high-efficiency and low-cost. In order to adjust to the current environment and achieve a better personal development, customs managers need to enhance their capabilities and broaden their horizons. Based on this, Ficient Global will hold “The 8th China Customs & Tax Summit 2023”. Trade compliance experts from prestigious consulting firms and law firms, senior trade compliance managers and officials from supervisory organizations will be invited as speakers to share practical methods of handling and improving customs affairs based on case studies and policy interpretation. Besides, speakers with different backgrounds and experience will discuss as how to understand and analyze the current hot topics and events in international/domestic customs and trade, how to play a better role in the development of enterprises and how to improve personal risk prevention and compliance management. Topics discussed from various perspectives will help participants handle customs affairs, compliance work and future development timely.

Risk management and technology development

o Application of risk management in customs

o Revolution caused by technology development 

o Survival of the fittest

From theory to practice

o Organization structure 

o Functions and responsibilities 

o Process, technology and tools

Common risks of bonded processing enterprises and compliance solutions (with case studies) 

Eg. bonded/tax exemption equipment; bonded repairs; bonded verification; verification and endorsement list; processing trade manual management

Recent Common Risks of Customs Penalties/Violations and Improvement in Compliance Management

o Common problems

o Case studies

Useful notes and the process in practice for risk prevention and risk management

Dolly Zhang      Partner     Deloitte

Michael Wu      Senior Manager     Deloitte

Preparations to mitigate risks

Procedure and things to keep in mind of voluntary disclosure

Suggestions that comply with the new policy

o Organization structure

o Functions and responsibilities

o Process, technology and tools