It is our pleasure to invite you to the third Banking and Securities Working Group meeting of the year, which will take place on Thursday 20th April at 8:30am at the European Delegation.
We are particularly delighted to announce that we will be joined by a true WTO expert, Mr. Li Zhongzhou, who will help us answer our questions related to China WTO commitments in the Banking Sector. Mr. Li played a central part in China WTO negotiations and is currently the WTO Lead Expert for the EU-China WTO Integration Programme, previous positions include Director-General of the Department of International Trade and Economic Affairs at MOFTEC. To make best use of this great opportunity we encourage all our members to send their questions to the Carl-Johan Skold at cjskold@euccc.com.cn ahead of the meeting.
The meeting will also feature discussions on potential changes on how Business Tax is levied on interest income generated from overseas FI. Furthermore, a formal proposal for the Banking Working Group Translation Service will be presented at the meeting. As discussed at earlier meetings service would cover all new regulations, laws and announcements from SAFE, PBOC and CBRC. Copies of the proposal will be made available ahead of the meeting.
The tentative agenda for this meeting is:
08:30 - 09:15
Presentation and Q&A with Mr. Li Zhongzhou
09:15 - 09:45
Update and discussion on Business Tax on Gross Interest
Open floor discussion
09:45 - 10:00
Presentation of Translation Service draft proposal (will be circulated ahead of the meeting)
Presentation of Timetable for drafting/updating Position Paper (will be circulated ahead of the meeting)
We look forward to welcoming you at this meeting and would appreciate if you could indicate your attendance before Tuesday 18th April 2006.
To confirm your attendance, please contact Mr. Carl-Johan Skold at cjskold@euccc.com.cn.
Kindly note, that the meeting is open for members only. For further information about the Working Group or how to become a member, please contact business manager Mr. Gregory Van Bellinghen at gbellinghen@euccc.com.cn.