Beijing

  We would like to remind you that the General Assembly of the China-Italy Chamber of Commerce will take place on Friday January 11th, 6.00 p.m., at the Auditorium of the Italian Institute of Culture in Beijing. The agenda of the day will be: “Approval of the New Statute compliant with the directives by Assocamerestero”.   Attached is the text of the New Statute (click here) along with a short presentation (click here).   Only 2013 Members will be entitled to exercise the right to vote. If you want to join the Chamber or renew your Membership, please refer to our offices for more information about application procedures.   Best Regards   CICC

    Save the date: Friday December 14th at 8 o`clock At Kempinski     The seminar is co-hosted by AZ Investment Management/Azimut Group – Italy’s largest independent asset manager and the manager of the world’s largest offshore RMB fund          www.anzhongim.com                                                                        www.azfund.com                              The seminar will cover the following topics: -RMB convertibility -Current RMB valuation and ongoing internationalization -RMB as an asset class and investment products -RMB/FX hedging solutions for enterprises   Speakers: Mr. Gerard DeBenedetto, AZ Investment Management (CEO)   Experience: Lehman Brothers, AIG, Marsh McLennan, Guotai Asset Management Education: BA UNCG, MBA Fordham. In China (Shanghai) he worked as an Executive Director for one of the major domestic asset managers with responsibilities on product development, international advisory and liaising with the local Authorities. In his role Mr. De Benedetto launched the first Index Fund investing in foreign markets for Chinese investors and secured the third largest foreign institutional investor advisory mandate in China (RMB 3bn).   Mr. Giulio Pagliai, AZ Investment Management (DCEO)   Experience: Banca Monte dei Paschi di Siena, Azimut Education: BA GIHE In China (Shanghai) he worked as the Business Developer of Azimut Group in Asia. He was also the Deputy Representative of BMPS co-leading the establishment of branch operations in Shanghai. Mr. Shawn Liu, AZ Investment Management (Chief Investment Officer)   Experience: Guotai Asset Management, China Merchants Fund, S&P Education: BA Tsinghua University, MBA University of Virginia In China (Shanghai) he worked as an Analyst and Senior Portfolio Manager for two of the major domestic asset management companies (managing over 9 billion in AUM). Mr. Liu was also an credit analyst at S&P China. Mr. Liu was co-fund manager of a Money Market Fund (RMB 5bn in AuM) and currently he manages a number of products with both domestic and international exposure for retail and institutional clients.   Mr. Stefano Chao, AZ Investment Management (Investment Manager) Experience: Lehman Brothers, Barclays Capital Education: BA Yale University, MBA China Europe International Business School  In China (Shanghai) he assists in the management of AZ’s China money market fund and oversees research on the domestic fixed income markets. Prior to joining AZ, Mr. Chao worked for 7 years at Lehman Brothers in New York where he covered corporate and securitized credit. Within the principal investment team at Lehman Brothers Mr. Chao oversaw and managed over US$3 billion of high yield loan, bond and structured credit portfolios.  To register please send an email to info@cameraitacina.com by Thursday, 13th of December 2012 at 17.00.

        The end of the year is coming – are you in compliance?   All Foreign Invested Enterprises are subject to the Annual Audit, the Annual Tax Clearance and the Annual Combinative Auditions.   2012 has been a year with many changes. Have you kept up with your bookkeeping and tax filings in compliance with relevant Chinese Laws and Regulations during 2012? Have you been well prepared for the upcoming annual audit? Do you have a good financial structure for 2013? If not, this might be your last chance to correct it during the annual closing. Chinese Law requires all entities to submit an Annual Audited Report of their financial statements in the beginning of the following financial year.   In their presentation, the Partners from Ecovis will discuss:   • Key requirements for the annual closing • Reporting preparation according to international standard (German GAAP, IFRS, etc.) • Material requirements for the annual audit • Annual tax filing and audit • Annual Combinative Auditions   And how to minimize taxes – and still remain in compliance.   Speakers: Grace SHI, CPA, CTA is a Partner at Ecovis in Beijing. She has over 12 years of experience in accounting, auditing and tax advisory services to both international accounting firms and large domestic corporations. She is highly qualified with an international MBA and US Global Finance Master degree. Further, she is a Chinese Certified Public Accountant (CPA) since 2001 and a Chinese Certified Taxation Agent (CTA) since 2002. Before joining Ecovis she used to be the head of a leading international firm in Beijing for 6 years and CFO of a local company with more than 1000 employees.   Richard Hoffmann is a Partner at Ecovis in Beijing. He is an expert for complex legal and tax issues. Therefore is he often invited as guest speaker to the prime time by international television such as CCTV and Reuters and is requested for radio and newspaper interviews. He published more than 50 articles in international magazines and is a frequent speaker at high profile events in China and abroad. Mr. Hoffmann has more than ten years of work experience dealing with international clients.    Registration until December 11, 2012. Please contact info@cameraitacina.com