The Four Pillars of Global Compliance for Chinese Importers and Exporters

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The Four Pillars of Global Compliance for Chinese Importers and Exporters

At SEMICON China 2008, the Fourth Annual China Customs and Export Controls Seminar will be held. Titled “The Four Pillars of Global Compliance for Chinese Importers and Exporters,” the March 20 event will be held from 8:30am–5:00pm at the Shanghai New International Expo Centre. The event is sponsored by both SEMI and the AeA.

This session focuses on recent and pending policies and regulations, including encryption controls, from the Chinese perspective. Private industry representatives will share “hands-on” experience, and plenty of time will be allowed for “questions and answers.”

Presenters include China Customs, China’s Ministry of Commerce, and the SIQ Inspection Bureau. The U.S. Bureau of Industry and Security (BIS) and the U.S. Embassy (Beijing) will also present. In addition, representatives from Applied Materials, Cymer, Ernst & Young, Larkin Trade International, Pricewaterhouse Coopers, SMIC, and Tektronics will present.

This event is specifically designed for Chinese importers and exporters. Attendees will include: Supply Chain, Business Development, Import/Export Administration, Import/Export Compliance, Legal, Logistics, Procurement, and Operations.

Pillar 1: China Policy & Regulatory Environment

Updates from MOFCOM

    • Key changes to the export licensing regime (China Nuclear EAR)
    • Changes to the Technology Import Catalog
    • MOFCOM Supervisory Opinion on Enterprises Establishing Internal Compliance Programs for Exports of Dual Use Products and Technologies
    • Developments in export regulatory and end-user visits for China trade

Pillar 2: U.S. Policy & Regulatory Environment

Updated U.S. Dual-Use Export Control Policy

    • New Authorization Validated End-User (VEU)
    • Revision of import certificate and PRC end-user statement requirements
    • Developing export regulatory changes

Validated End-User Verifications

    • End-user/end-use verifications
    • Navigate end-use validation and certification process

Pillar 3: Risk Management & Internal Controls

U.S. and China Encryption Update

    • Clarification of Chinese legal requirements
    • SEMB approval process for commercial products
    • Impact on U.S. companies doing business in China
    • How encryption applies to firmware/software

Panel Discussion on Internal Controls

  • U.S. Perspective: Liabilities for unprepared/non-compliant importers and exporters
  • Chinese perspective: Common internal controls/processes for export control and customs operations
  • VEU implementation
  • Preparing for Customs Audits or Inquiries: Liabilities faced by unprepared/non-compliant importers and exporters; Duty and VAT considerations

Pillar 4: Compliance & Border Issues

China Customs Update

  • Best practices to resolve classification/valuation issues
  • Automation update within China Customs
  • Update on EU/China Customs Cooperation Framework of Secure and Smart Trade Lanes pilot program

Review of Audit and Inspection Process in China Ports

  • Quarantine process for product health and safety
  • Approval process for used capital manufacturing equipment

If you are involved in importing or exporting in China, don’t miss this event. Space is limited. To register, please visit Seminar fee: 600 RMB.