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Navigating Cross-Border Data Rules: A Practical Guide for EU SMEs

Date: May 16, 2024

Event: Supported Webinar

How do the new regulations on cross-border data flows released by China change the compliance requirements for your business?

The implications of the Chinese restrictions on cross-border data transfers are a major cause for concern for foreign companies operating in China. DCBF recently conducted a webinar about the significant implications for businesses. However, given its current relevance and to ensure inclusivity for those who may have missed it, we cordially extend an invitation to you for this upcoming webinar hosted by the EU SME Centre and European Union Chamber of Commerce in China.

About the webinar:

The Cyberspace Administration of China (CAC) has recently introduced the “Regulations on Promoting and Regulating Cross-Border Data Flows”, which came into effect on 22 March 2024, replacing previous regulations from 2022. These new regulations bring about significant changes, such as relaxed timelines, reduced documentation requirements, and exemptions for data transfer, especially concerning employee data.

Despite the perceived relaxation and clarity brought by the new regulations, it is crucial to emphasize that stringent compliance requirements persist. Factors like cybersecurity, data security, and the Personal Information Protection Law (PIPL) are still strictly enforced, necessitating compliance efforts like data mapping, legal documentation, and privacy policies.

Join this workshop on May 16th, in Beijing and online, where industry experts will further explain the changes brought by the new regulations and offer practical guidance on the steps businesses should take to adhere to the new regulations.

You can read much more and register here.

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Market-Oriented Reforms

Date: May 15, 2024

Event: Supported Webinar

In the second webinar of the “Staying in Dialogue with China” webinar series, Co-founder and Managing Director of CMG, Markus Hermann, will talk to Prof. LU Feng, Emeritus Professor of Economics at the National School of Development (NSD) at Peking University, about China’s "Market-Oriented Reforms".

China kicked off its institutional reform from a centrally planned to a more market-oriented economy in the early 1980s under Deng Xiaoping, but – unlike the “shock therapy”-type liberalization of the Soviet Union – Chinese policymakers have been careful in introducing market forces in a gradual and dual-track fashion, essentially letting the market grow out of the plan. So, after 45 years, the state still plays a prominent role in China’s economy, even given the official policy goal that the market shall play a “decisive role” in allocating resources.

What are the roles of the “visible” and “invisible” hands in the market based on CCP ideology? How are factors of production (labor, capital, land, data) liberalized today? What are policy factors preventing more rapid liberalization in general? How to balance market forces and government interventions in view of China’s innovation and security needs? What is the link of ‘market-oriented reforms’ and ‘industrial upgrading’ as two structural transitions? What are policy trends regarding capital (state, private and foreign), e.g. the ‘mixed-ownership reform’? What is the reform logic for China’s financial system? How are anti-monopoly and IP protection evolving under the 14th Five-Year-Plan?

Members of DCBF can register for free - Click here to read more and sign up!

This webinar is part of the webinar series 'Staying in Dialogue with China'. The series will bring you six webinars with distinguished China-based experts, concentrated between April and October 2024.

'Staying in Dialogue with China' is organized and hosted by China Macro Group (CMG), with Caixin Global as Anchor Partner, in cooperation with the China Europe International Business School (CEIBS), Chinaforum Bayern, Swissmem, the Swiss Chinese Chamber of Commerce (SCCC), the Danish-Chinese Business Forum (DCBF), SwissCham China, the Stein  am Rhein Symposium (stars), and the Sweden-China Trade Council (SCTC).

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China Proposes to Lighten Up Requirements for Cross-Border Data Transfers

Date: May 07, 2024

Event: Webinar

Click here to register (for DCBF, DCCC and DCCHK members only).

Restrictions on cross-border data transfer have long been a cause for concern for foreign companies operating in China, and the Chinese regulators are seeking to address these concerns by lightening up the onerous requirements for cross-border data transfers.

On 28 September 2023, the Cyber Administration of China ("CAC") issued the Regulations for Standardizing and Promoting Cross-Border Data Flow ("Draft Regulations") to solicit public comments. The Draft Regulations appear to overturn some of their previous requirements in relation to cross-border data transfers. If adopted into law in its current form, the Draft Regulations would:

• Create exemptions for many companies that export data or personal information from China in certain common business scenarios from otherwise mandatory data export approval procedures.

• Raise the data transfer volume thresholds for the CAC's Security Assessment (a more onerous legal mechanism), and leave transfers of low-volume data to less onerous legal mechanisms. 

• Allow free trade zones to create "Negative Lists" for cross-border data transfers that are subject to mandatory data export procedures.

Almost half a year has lapsed from the day that the Draft Regulations were publicized, many foreign companies are still waiting for the Draft Regulations to be formally issued. In an official press conference on 5 February 2024, the director of the Department of Foregin Investment Management under the Ministry of Commerce said that the Cyberspace Administration of China is contemplating and improving the Draft Regulations and preparing for its promulgation. 

In this webinar, Samuel Yang, Partner at Anjie Broad, will introduce all that you need to know about the Draft Regulations, their implications on your business, as well as observations of how multiple national companies are dealing with a time of uncertainty and their practical considerations. 

Please contact info@dcbf.dk if you have any questions.

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Annual General Meeting 2024

Date: April 19, 2024

Event: Annual General Meeting

Venue: LEGO Campus

About the Event

Danish-Chinese Business Forum is pleased to annouce this year's Annual General Meeting (AGM), which will take place 19th of April 2024. The AGM will be hosted by The LEGO Group at their LEGO Campus in Billund. 

We are pleased to annouce our distinguished keynote speakers:

• Mr. Jeppe Tranholm-Mikkelsen, Permanent Secretary of State for Foreign Affairs at Danish Ministry of Foreign Affairs
• Mr. Qin Jie, Minister Counselor and Deputy Chief of the People's Republic of China to Denmark

Edward Lewin, VP Government & Public Affairs at the LEGO Group, and Tom Behrens-Sørensen, Chairman of Danish-Chinese Business Forum will provide the welcome speech.

The focus of our AGM this year is the EU-China relationship and its implications for Danish companies working with and in China. We have invited several distinguished speakers to provide updates on these topics, which will be annouced in the weeks to come.

Click Here to Register (Only for Members of DCBF) 

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Economic Transition and Industrial Upgrading

Date: April 05, 2024

Event: Supported Webinar

This webinar is part of the webinar series 'Staying in Dialogue with China'. The series will bring you six webinars with distinguished China-based experts, concentrated between April and October 2024.

'Staying in Dialogue with China' is organized and hosted by China Macro Group (CMG), with Caixin Global as Anchor Partner, in cooperation with the China Europe International Business School (CEIBS), Chinaforum Bayern, Swissmem, the Swiss Chinese Chamber of Commerce (SCCC), the Danish-Chinese Business Forum (DCBF), SwissCham China, the Stein  am Rhein Symposium (stars), and the Sweden-China Trade Council (SCTC).

To kick this series off, Co-founder and Managing Director of CMG, Markus Hermann, will talk to Prof. Wang Yong, Academic Deputy Dean of the Institute of New Structural Economics at Peking Univarsity (PKU) about the first of the six transitions - economic transition and industrial upgrading, or the transition from a largely agrarian to an industrialized and then post-industrial society, increasingly driven by innovation. 

What are the key success factors for China's transition to successfully overcome the so-called "middle-income trap"? Why is the focus for Chinese policymakers so much on manufacturing today? How to ensure industrial upgrading in times of geopolitics and geoeconomic factors? How does China's industrial policymaking differentiate by sectors, mature and emerging technologies and differing strategic goals? Is overcapacity unavoidable? And: what role does the new concept of "new-quality productive forces" (新质生产力) add to policymaking?

Members of DCBF can register for free - Click here to read more and sign up!

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Digital B2B Marketing in China - How to Reach the Right Audience

Date: March 06, 2024

Event: Signature Event

Venue: Danish Export Association, Silkeborg, Denmark

Click here to read more and register (DCBF- and Danish Export Association-members only)

The digital landscape in China differs significantly for B2B compared to other markets. Moreover, the pandemic has brought about substantial changes, accelerating the digital transformation within B2B in China over recent years. As a result, this now demands a fresh understanding of the right marketing channels for communicating with potential Chinese customers.

Join us for this event, where speakers from NBH will provide an overview of China's new digital landscape and the opportunities for your company to enhance its visibility. Furthermore, speakers from Hoyer Motors will share their experiences from the Chinese market.

Learn more about:

• WeChat: How can companies gain thousands of relevant followers from their own industry?
• Website: How can you optimize your company's website for speed and visibility to your Chinese target audience?
• Baidu SEM: How can businesses create business opportunities through China's largest search engine?
• Industry Articles (PR): How can companies get dozens of Chinese media outlets within their industry to cover their company?

After the event, NBH offers one-on-one consultation tailored to your company.
Please register for this in advance when filling out the registration form.

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Understanding Bioeconomy in China

Date: March 05, 2024

Event: Webinar

Click here to register (for DCBF, DCCC and DCCHK members only).

China and Denmark have recently developed policy frameworks revolving around bioeconomy. While the approaches of the two nations differ, they both recognize the importance of bioeconomy in futue economic development.

Using thses policies as foundation, the Innovation Centre Denmark in collaboration with Circular Innovation Lab, has published a report which aims to highlight how these differences in approaches present challenges and opportunities for collaboration between Denmark and China in the Bioeconomy Sector.

Join us for this online presentation tailored for companies and research partners, where Christian Hviid Jonstrup, Innovation Officer & Head of Research and Sustainability at Innovation Centre Denmark, Shanghai, and Arpit Bhutani, COO, at Circular Innovation Lab will present key findings from the report.

Gain insights into:

• The dynamics of bioeconomy terminology between the two countries
• Mutual cooperation interests
• The significance of China's five-year bioeconomy plan
• How Denmark's focus on food, water, bio and environmental secotrs intersect with China's strategies
• Potential collaboration strategies
• insightful feed analyses

Please contact info@dcbf.dk if you have any questions.

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Business Adaptation in China: Practical Insights on Restructuring

Date: February 27, 2024

Event: Webinar

Click here to register (for DCBF, DCCC and DCCHK members only).

As we embark on the challenges and opportunities of 2024, the business landscape in China is undergoing significant shifts. Foreign enterprises are confronted with the need to evaluate their shareholding structures, internal organizations, and overall business strategies to enhance efficiency, reduce costs, and elevate competitiveness.

Our upcoming webinar with Shaohe Law Firm, drawing from substantial hands-on experience, aims to provide a clear understanding of the purpose, methodologies, and potential hurdles associated with business restructuring in the Chinese market.

Key Focus Areas:

• License Transfer Feasibility: Explore the practical aspects of license transfer, examining its feasibility and offering practical guidance to facilitate a seamless process.
• Contractual Party Changes: Managing Risks and Strategies: Delve into the transformation of contractual parties, understanding associated risks, and receiving expert advice on effective strategies to navigate these changes.
• Employee Transfer and Resettlement Strategies: Navigate the complexities of employee transitions during restructuring, adopting a strategic approach that aligns with organizational goals.
• Assessment of Concentration of Undertakings Declarations: Gain insights into the critical evaluation of declarations related to the concentration of undertakings, understanding implications, and fostering compliant processes.
• Tax Implications Across Restructuring Options: Decode the tax implications tied to diverse restructuring options, providing a comprehensive understanding without unnecessary complexity.

Speakers:

Zhu Qin, Senior Associate, Shaohe Law Firm

Zhong Yuan, Senior Associate, Shaohe Law Firm

Join us for a 1-hour insightful session designed to equip businesses with practical knowledge and strategies for success in the evolving Chinese market.

Please contact info@dcbf.dk if you have any questions.

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Innovation in China – rapid and changing environment

Date: February 20, 2024

Event: Focus Group Meeting

Speaker: Christian Köse Fisher, Hans Henrik Pontoppidan   

Location: H-Lundbeck A/S HQ in Valby  

China’s pharmaceutical, biotech, and medtech sectors are experiencing rapid growth, driven by a dynamic and evolving R&D landscape. Increased local investment is fueling new and groundbreaking research across clinical stages, creating both risks—such as data privacy and IP concerns—and significant opportunities for collaboration with Chinese partners. 

This meeting explores these developments across pharma/biotech and medtech, focusing on the potential for partnerships and the broader implications of this shifting landscape.  

NB: This meeting will be conducted under the Chatham House Rule and is open by invitation only to DCBF members.