2011 China Outbound Investment Forum Dear Members & Friends, The Hong Kong Chamber of Commerce in China (HKCCC) sincerely extend to you an invitation to the 2011 China Outbound Investment Forum on 19 July 2011, at China World Summit Wing in Beijing. This event, following the China SOE “Going Global” conference held by SASAC in April 2011, is a response to the central government’s call to accelerate the implementation of the “going global” strategy outlined in the 12th Five-Year Plan period and to assist Chinese enterprises with their competitiveness in the international market. During this one-day forum, you will be able to explore and identify solutions to the matters that may impact both your current and future outbound business. You will also have a chance to communicate with counterparts from China and foreign investee countries, Chinese government officials, representatives from foreign embassies and various chambers of commerce in China, and other professionals during the event through engaging presentations and thought-provoking panel and breakout discussions. The forum will have the following features: International: You will meet and interact with speakers from the headquarters of the MNCs in your industry sector, officials of foreign embassies and consulates in China, and outbound investment advisors from jurisdictions where your company is doing or planning to do business. Localized: You will also have opportunities to exchange ideas with your counterparts from other domestic companies, Chinese relevant government officials, and experienced local professionals who hold in-depth understanding of the outbound business of Chinese companies. Cutting-edge: This event will cover the most recent legislative changes and key market trends, and will assist you to explore investment ideas both globally and in specific countries. Industry and region specific: We will provide break-out and panel sessions designed to highlight global thought leadership and the M&A and market trends in your industry and the specific regions or countries you are interested in. Practical: Hands-on sessions will be included and case studies will be shared by top executives and specialists from multinational companies and Chinese outbound investment companies. The complete agenda, registration and other event details are attached for your reference. We very much welcome your participation at the China Outbound Investment Forum and we do hope that you can join us for this rewarding event. Please confirm your attendance and send back the Registration Form (on page 7) before 8 July Friday 5pm. Hong Kong Chamber of Commerce in China 1 Agenda 19 July 2011 (Tuesday) 08:00 Registration 08:30 HKCCC Chairman’s Welcome Speech Keynote speech by a senior government official 08:50 Morning Plenary Session I Overview of global investment environment and China outbound investment trends Change is the only certainty in today’s global business world. And in recent years, changes in business and the regulatory environment both in China and abroad have hit unprecedented speed and intensity. In this session, we will discuss the shift of the global economy's center of gravity, analyze the key global investment trend, and provide insights on the development of China outbound investment promoting policies, including insights from a tax perspective, with a goal to help you achieve greater certainty in this ever-changing environment. Officer, International Tax Division, State Administration of Tax Officer, United Nations Industrial Development Organization Global Leader, International Tax Services, Ernst & Young Greater China Leader, International Tax Services, Ernst & Young 10:00 Tea Break 10:15 Concurrent Morning Breakout Sessions Industry roundtable with various participants sharing their industry insights These are industry-specific sessions which cover global thought leadership, M&A and market trends, the most active areas and current opportunities for investment in each industry, and key industry-specific finance and tax-related issues. Global industry advisors will share their knowledge of industry and market trends and current issues, successful outbound M&A transactions involving Chinese companies; and MNC management will express their views as potential sellers. The proposed topics for the industry roundtable include the following: I. II. III. IV. V. VI. Attractiveness of investing targets Investment climate and regime attractiveness Recent investments by Asian players Opportunities landscape The issues and challenges investors need to be aware of Tax considerations 2 Session A - Financial Institutions Officer, Industrial & Commercial Bank of China Officer, Bank of China Managing Partner, Financial Services Asia-Pacific, Ernst & Young Tax Partner, Financial Services, Ernst & Young, China Transaction Advisory Service Partner, Ernst & Young, China Session B - Energy Officer, Sinopec Asia-Pacific Energy Leader, Ernst & Young Global Oil and Gas TAS Leader, Ernst & Young Director, Moscow Oil & Gas Center, Ernst & Young International Tax Partner, Ernst & Young, US Business Tax Advisory Partner, Ernst & Young, Brazil Transaction Advisory Service Partner, Ernst & Young, China Session C - Cleantech Officer, Suntech Power Co. Ltd. Officer, Trina Solar Ltd. Global Cleantech Market Leader, Ernst & Young Greater China Cleantech Market Leader, Ernst & Young Transaction Advisory Service Partner, Ernst & Young, China Session D - Telecommunications and others Managing Partner, Asia Pacific Tax Center, Ernst & Young, Hong Kong China Telecommunication Leader, Ernst & Young, China 11:30 Morning Plenary Session II Designing global tax management framework In this session, well-established MNCs will share their best practices in their effective global finance and tax function management and how these help their global businesses. China tax advisors will share their experience of assisting Chinese companies with their outbound investments in the evolving process of designing and establishing their global finance and tax management framework in this emerging market. The major aspects to be covered are: Global tax compliance and reporting Tax controversy management Tax performance advisory Global Tax Leader, Lenovo Greater China Tax Director, Microsoft Asia Pacific GC&R Leader, Ernst & Young Greater China GC&R Leader, Ernst & Young Tax Partner, Ernst & Young, Beijing 3 12:45 Networking Lunch 14:00 Panel Discussion I Structuring Chinese outbound investment - Mature markets This session will focus on how to structure investments into sophisticated markets including US, Canada, Australia, UK and Germany. The topics to be covered include: Overview of the country’s economy, investment environment and the recent legislative developments Incentives to foreign investors Regulatory restrictions, foreign exchange policy, local customs, and other issues that warrant careful planning Key tax issues, including tax regimes, tax policies and administration trends, controversies, and tax anti-avoidance High-level cross-border tax planning ideas Case study International Tax Partner, Ernst & Young, US International Tax Partner, Ernst & Young, UK International Tax Partner, Ernst & Young, Germany International Tax Partner, Ernst & Young, Canada International Tax Partner, Ernst & Young, Australia International Tax Partner, Ernst & Young, Netherland International Tax Partner, Ernst & Young, China 15:15 Tea Break 15:30 Panel Discussion II Structuring Chinese outbound investment - Emerging markets This session will focus on how to structure investments into developing markets including South America, Russia, Kazakhstan, South Africa, India, and Indonesia. The topics to be covered include: Overview of the country’s economy, investment environment and the recent legislative developments Incentives to foreign investors Regulatory restrictions, foreign exchange policies, local customs, and other issues that warrant careful planning Key tax issues, including tax regimes, tax policy and administration trends, controversies, and tax anti-avoidance High-level cross-border tax planning ideas Case study 4 Session A: Africa International Tax Partner, Ernst & Young, South Africa Tax Partner, Ernst & Young, Africa Session B: Non-African Emerging Markets International Tax Partner, Ernst & Young, South America Business Tax Advisory Partner, Ernst & Young, Kazakhstan International Tax Partner, Ernst & Young, Russia International Tax Partner, Ernst & Young, India International Tax Partner, Ernst & Young, Indonesia International Tax Partner, Ernst & Young, Hong Kong International Tax Partner, Ernst & Young, China 17:00-18:00 Evening Event The Rise of Corporate China Chinese government officials, officials from foreign embassies and representatives from China-based Forbes 500 enterprises will address the forum on behalf of their countries or regions and comment on the dynamic landscape of Chinese outbound investment. Area Leader of China Overseas Investment Network, Americas, Ernst & Young 18:00-20:00 Cocktails 5 Event Details and Registration Event details Date: 19 July 2011 (Tuesday) Time: 8:00-16:45, 17:00-20:00 Venue: China World Summit Wing No.1 Jianguomenwai Avenue, Beijing T: (86 10) 6505 2299 http://www.shangri-la.com/en/property/beijing/chinaworldsummitwing Language: English and Mandarin (simultaneous translation provided) Registration Fee: Whole event (08:00-20:00): Non-Member: RMB 3,500 (Pay before 15th July) Non-Member: RMB 3,000 (Early Bird pay before 1st July) Member: RMB 3,000 (Pay before 15th July) Evening event only (17:00-20:00): Non-Member: RMB 600 (Pay before 15th July) Non-Member: RMB 500 (Early Bird pay before 1st July) Member: RMB 500 (Pay before 15th July) Payment method: 1. By cash at HKCCC office: 2. Bank transfer (account details shown below) pay before 15th July : Bank Name: CHINA CONSTRUCTION BANK BEIJING BR . JIANGUO SUBBR. (中国建设银行北京建国支行) Account Name: Hong Kong Chamber of Commerce in China Account No.: 1100 1042 5000 5613 1889 Payment purpose: Please write down Participant name “XXX ” and “719 forum” Please fax copy of your payment to HKCCC office to complete your registration. Bank charges and exchange rate differences will be bared by payer Hong Kong Chamber Of Commerce in China contact detail: Address:Room 916, Tower 1, Bright China Chang An Building, No.7 Jianguomen Nei Avenue, Beijing TEL:(8610)65101583 Fax:(8610)65101584 Email:hkccc@hkccc.com.cn For enquiries, please contact HKCCC Rachel Yu Tel: 6510 1583 x 104 6 China Outbound Investment Forum 2011 - Registration Form Please confirm your attendance and send back this receipt before 8th July Friday 5pm. You may either send it by Fax to 010-6510 1584, or reply to hkccc@hkccc.com.cn I would like to register for “China Outbound Investment Forum 2011” (please tick one) □ Whole event (08:00-20:00) □ Evening only (17:00-20:00) I would like to participate in the following sector of the “Industry roundtable” session (tick one) □ Financial institutions □ Energy □ Cleantech □ Telecommunications and others I would like to participate in the following sector of “Emerging Markets” breakout session (tick one) □ Africa □ Non-African emerging markets Corporate Name Member Name (CH) Mobile Member Name Email (CH) Mobile Member Name (CH) (CH) Mobile (EN) Email (CH) Mobile Non-member Name (EN) Email Mobile Non-member Name (EN) Email Mobile Non-member Name (EN) (EN) Email (CH) (EN) Email I wish to join HKCCC(Y/ N) On behalf of the above named persons, I confirm that we will be attending this meeting. If we decide to cancel our attendance, we will inform HKCCC Office before 17:00pm 15th July. Friday, otherwise we agree that we will be charged NO SHOW FEE (Whole event RMB 3,500; Evening event RMB 600) Signature_______________________ 7