Release compliance guidelines and risk warning reports, Shanghai promotes the construction of a compliant business system for enterprises | Shanghai | Compliance
To further assist enterprises in grasping the elements of compliance strategies under new trends, the 2023 Shanghai International Business Compliance Conference was held on August 29. During the 2023 Shanghai Enterprise Compliance Legal Service Month, the event was announced to be launched, and two major reports, the 2023 Shanghai Enterprise Internationalization Risk Prevention and Compliance Guidelines and the "New Three Types" Enterprise International Trade Risk Warning Report, were released.
The 2023 Shanghai Enterprise International Business Risk Prevention and Compliance Guidelines and the "New Three Sample" Enterprise International Trade Risk Warning Report released this time were compiled by the Shanghai Import and Export Fair Trade Workstation. The reporter learned that in order to further explore the construction of an international economic and trade compliance legal service system, enhance the awareness of international business compliance of enterprises, and promote the construction of enterprise compliance system, the Shanghai Import and Export Fair Trade Workstation was completed two years ago.
The Guide revolves around the hot and cutting-edge issues of this year, focusing on analyzing risks and providing practical recommendations. The Guide proposes that multinational trading enterprises not only need to pay attention to the flow of goods, but also need to pay attention to the cross-border flow of data. Once cross-border data transmission is involved, additional attention should be paid to legal compliance issues arising from data transmission in trade. Stakeholder enterprises should promptly understand the regulatory requirements for cross-border transmission of important and personal data to ensure compliance in their operations.
Over the past two years, the site has provided free compliance medical examination reports to over 400 foreign trade enterprises. At the same time, it has focused on key areas and conducted more than 70 compliance training sessions, serving thousands of enterprises. Over 10000 people have participated in training through online or offline means, effectively helping enterprises identify weak links and improve their compliance system.
In recent years, China's exports of electric passenger vehicles, lithium batteries, and solar cells have seen significant growth, known as the "new three types" in foreign trade. This continues to drive the overall growth of China's foreign trade and promote the continuous optimization of the foreign trade structure. As an important part of China's modern industrial system, Shanghai occupies an important position in the "new three sample" related industries. From January to June 2023, Shanghai's exports of "new three sample" products accounted for 17.2% of the total national output, with a year-on-year growth rate of 147.5%, far exceeding the overall export performance of the same period. At the meeting, Shi Yonghong, Vice President of the China Chamber of Commerce for Import and Export of Mechanical and Electrical Products, delivered a keynote speech entitled "Doing a Good Job in Risk Prevention and Early Warning of the" New Three Types "; The dialogue segment on industrial development risk prevention and corporate compliance construction under the context of major changes involves experts from relevant industries and professional institutions participating in discussions on industrial security development.
The reporter learned that this event is also one of the series of activities for the 10th anniversary of the China Pilot Free Trade Zone. More than 180 representatives from the political, academic, industry associations, and enterprises attended the event.