European Union Chamber of Commerce in China
Research and Development and Finance and Taxation Working Groups
[Onsite R&D Working Group Meeting] Shanghai Government Policy Update on Foreign-Funded R&D Center
Date: Friday, September 17th
Time: 2:30pm-4:30pm (GMT+8, China time)
Venue: Shanghai Office, Unit 2204, Shui On Plaza, 333 Middle Huaihai Road, Huangpu District, Shanghai, 200021 (上海市淮海中路333号,瑞安广场2204室)
Working Language: Chinese
Register here before September 15th, noon.
Dear Members,
The Research and Development Working Group is pleased to invite you to the meeting “Shanghai Government Policy Update on Foreign-Funded R&D Center”, which is taking place on September 17th, 14:30-16:30.
Shanghai is home to most foreign-funded R&D centers in Mainland China. To continue enhancing the city’s innovation capability and attract foreign investment, on July 22, 2021, the Shanghai Municipal Commission of Commerce (SCOFCOM) issued the Notice on Implementing Import Tax Policies for Foreign-funded R&D Centers and the Notice on the Implementation of the Value-added Tax Policy for Equipment Purchased by Foreign-funded R&D Centers. So as to help European companies understand these latest policies, particularly with regard to R&D centers, the R&D Working Group is inviting government representatives from the SCOFCOM, industry leaders, and tax experts to share their experiences setting up innovative R&D centers in Shanghai.
The sharing will include perspectives from the local regulators on the latest policy goals, the opportunities available to industry players, as well as the operating strategies to participate in Shanghai-based R&D projects.
Agenda (See full agenda and bios attached)
- Opening Remarks and Introduction by Steven Cheng, National Chair of R&D Working Group
- Presentation by representative from Shanghai Municipal Commission of Commerce, Division of Foreign Investment Promotion
- Presentation by Prof. Dr. Michael Schmidt, Covestro Global Head of Innovation Management & Group Innovation Head Asia Pacific
- Presentation by Sally Qin, Tax Manager, Grant Thornton
- Q&A and Open Discussion
- Closing Remarks by Steven Cheng, National Chair of R&D Working Group
We look forward to having you join us for this not-to-miss meeting, register before September 15th, noon.