Dear Members & Friends,

The Hong Kong Chamber of Commerce in China (HKCCC) sincerely extend to you aninvitationto the 2011 China Outbound Investment Forum on19 July 2011, at China World Summit Wing in Beijing. This event, following the China SOE “Going Global” conference held by SASAC in April 2011, is a response to the central government’s call to accelerate the implementation of the “going global” strategy outlined in the 12th Five-Year Plan period and to assist Chinese enterprises with their competitiveness in the international market.

During this one-day forum,you will be able to explore and identify solutions to the matters that may impact both your current and future outbound business. You willalso have a chance to communicate with counterparts from China and foreign investee countries, Chinesegovernment officials, representatives from foreign embassies and various chambers of commercein China,and other professionals during the event through engaging presentations and thought-provoking panel and breakout discussions. The forum will have the followingfeatures:

  • International: You will meetand interact with speakers from the headquarters of the MNCs in your industry sector, officials of foreign embassies and consulates in China,and outbound investment advisors from jurisdictions where your company is doing or planning to do business.
  • Localized: You will also have opportunities to exchange ideas with your counterpartsfrom other domestic companies, Chinese relevant government officials, and experiencedlocal professionals who hold in-depth understanding of the outbound business of Chinese companies.
  • Cutting-edge: This event will cover the most recent legislative changes and key market trends, and will assist you to exploreinvestment ideas both globally and in specific countries.
  • Industry and region specific: We will provide break-out and panel sessions designed to highlight global thought leadership and the M&A and market trendsin your industry and the specific regions or countries you are interested in.
  • Practical: Hands-on sessionswill be includedand case studies will be shared by top executives and specialistsfrom multinational companies and Chinese outbound investment companies.

The complete agenda, registration and other event details are attached for your reference. We very much welcome your participation at theChina Outbound Investment Forum and we do hope that you can join us for this rewarding event. Please confirm your attendance and send back theRegistration Form (on page 7) before8 July Friday 5pm.

Hong Kong Chamber of Commerce in China

Agenda

19 July 2011 (Tuesday)

08:00 Registration

08:30 HKCCC Chairman’s WelcomeSpeech

Keynote speech by a senior government official

08:50 Morning Plenary Session I

Overview of global investment environment and China outbound investment trends

Change is the only certainty in today’s global business world. And in recent years, changes in businessand the regulatory environment both in China and abroad have hit unprecedented speed and intensity. In this session, we will discuss the shift of the global economy's center of gravity,analyze the key global investment trend, and provide insights on the development of China outbound investment promoting policies, including insights from a tax perspective, with a goal to help you achieve greater certainty in this ever-changing environment.

Officer, International Tax Division, State Administration of Tax

Officer,United NationsIndustrial Development Organization

Global Leader, International Tax Services, Ernst & Young

Greater China Leader, International Tax Services, Ernst & Young

10:00 Tea Break

10:15 Concurrent Morning Breakout Sessions

Industry roundtable with various participantssharing their industry insights

These are industry-specific sessions which cover global thought leadership, M&A and market trends, the most activeareasand current opportunities for investment in each industry, and key industry-specific finance and tax-related issues. Global industry advisors will share their knowledge of industry and market trends and current issues, successful outbound M&A transactionsinvolvingChinese companies;and MNC management will express their views as potential sellers.The proposed topics for the industry roundtable include the following:

  1. Attractiveness ofinvesting targets
  2. Investment climate and regime attractiveness
  3. Recent investments by Asian players
  4. Opportunities landscape
  5. The issues and challenges investors need to be aware of
  6. Tax considerations

Session A - FinancialInstitutions

Officer, Industrial & Commercial Bank of China

Officer, Bank of China

Managing Partner, Financial Services Asia-Pacific, Ernst & Young

Tax Partner, Financial Services, ErnstYoung, China

Transaction Advisory Service Partner, ErnstYoung, China

Session B -Energy

Officer, Sinopec

Asia-Pacific Energy Leader, Ernst & Young

Global Oil and Gas TAS Leader, Ernst & Young

Director, MoscowOil & GasCenter, Ernst & Young

International Tax Partner, ErnstYoung, US

Business Tax Advisory Partner, ErnstYoung, Brazil

Transaction Advisory Service Partner, ErnstYoung, China

SessionC - Cleantech

Officer, Suntech Power Co. Ltd.

Officer, Trina Solar Ltd.

Global Cleantech Market Leader, Ernst & Young

Greater ChinaCleantech Market Leader, Ernst & Young

Transaction Advisory Service Partner, ErnstYoung, China

Session D - Telecommunicationsandothers

Managing Partner, AsiaPacificTaxCenter, Ernst & Young, Hong Kong

China Telecommunication Leader, ErnstYoung, China

11:30 Morning Plenary Session II

Designing global tax management framework

In this session, well-established MNCs will share their best practicesin their effective globalfinance and tax function managementand how thesehelp their global businesses.China tax advisors will share their experience of assisting Chinese companies with their outbound investments in the evolving process of designing and establishing their global finance and tax management framework in this emerging market. The majoraspects to be covered are:

Global tax compliance and reporting

Tax controversy management

Tax performance advisory

Global Tax Leader, Lenovo

Greater China Tax Director, Microsoft

Asia Pacific GC&R Leader, Ernst & Young

Greater China GC&R Leader, Ernst & Young

Tax Partner, Ernst & Young, Beijing

12:45 NetworkingLunch

14:00 Panel Discussion I

Structuring Chinese outbound investment - Mature markets

This session will focus on how to structureinvestments into sophisticated markets including US, Canada, Australia,UKand Germany.The topics to be covered include:

Overview of the country’seconomy, investment environment and the recent legislative developments

Incentives to foreign investors

Regulatory restrictions, foreign exchange policy, local customs, and other issues that warrantcareful planning

Key tax issues, including tax regimes, tax policies and administration trends, controversies, and tax anti-avoidance

High-level cross-border tax planning ideas

Case study

International Tax Partner, ErnstYoung, US

International Tax Partner, ErnstYoung, UK

International Tax Partner, ErnstYoung, Germany

International Tax Partner, ErnstYoung, Canada

International Tax Partner, ErnstYoung, Australia

International Tax Partner, Ernst & Young, Netherland

International Tax Partner, ErnstYoung, China

15:15 Tea Break

15:30 Panel Discussion II

Structuring Chinese outbound investment- Emerging markets

This session will focus on how tostructureinvestments into developing markets including South America, Russia, Kazakhstan, South Africa, India, and Indonesia. The topics to be covered include:

Overview of the country’s economy, investment environment and the recent legislative developments

Incentives to foreign investors

Regulatory restrictions, foreign exchange policies, local customs, and other issues that warrant careful planning

Key tax issues, including tax regimes, tax policy and administration trends, controversies, and tax anti-avoidance

High-level cross-border tax planning ideas

Case study

Session A: Africa

International Tax Partner, ErnstYoung, South Africa

Tax Partner, Ernst & Young, Africa

Session B: Non-African Emerging Markets

International Tax Partner, Ernst & Young, South America

Business Tax Advisory Partner, ErnstYoung, Kazakhstan

International Tax Partner, ErnstYoung, Russia

International Tax Partner, ErnstYoung, India

International Tax Partner, ErnstYoung, Indonesia

International Tax Partner,Ernst & Young, Hong Kong

International Tax Partner, ErnstYoung, China

17:00-18:00

Evening Event

The Rise of Corporate China

Chinese government officials, officials from foreign embassies and representatives from China-based Forbes 500 enterprises will address the forum on behalf of their countries or regions and comment on the dynamic landscape of Chinese outbound investment.

Area Leader of China Overseas Investment Network, Americas, Ernst & Young

18:00-20:00

Cocktails

Event Detailsand Registration

Event details

Date: 19 July 2011 (Tuesday)

Time: 8:00-16:45,17:00-20:00

Venue: China World Summit Wing

No.1 Jianguomenwai Avenue, Beijing

T: (86 10) 6505 2299

Language: English and Mandarin (simultaneous translation provided)

Registration Fee:

Whole event(08:00-20:00):

Non-Member: RMB3,500 (Pay before 15thJuly)

Non-Member: RMB 3,000 (Early Bird pay before 1stJuly)

Member:RMB 3,000 (Pay before 15thJuly)

Evening event only(17:00-20:00):

Non-Member: RMB600 (Pay before 15thJuly)

Non-Member: RMB 500 (Early Bird pay before 1stJuly)

Member:RMB 500 (Pay before 15thJuly)

Payment method:

1.By cashat HKCCC office:

2. Bank transfer (account details shown below) pay before 15th July :

Bank Name:CHINA CONSTRUCTION BANK BEIJING BR . JIANGUO SUBBR.

(中国建设银行北京建国支行)

Account Name: Hong Kong Chamber of Commerce in China

Account No.: 1100 1042 5000 5613 1889

Payment purpose: Please write downParticipant name “XXX ” and “719 forum”

Please fax copy of your payment to HKCCC office to complete your registration.

Bank charges and exchange rate differences will be bared by payer

Hong Kong Chamber Of Commerce in China contact detail:

Address:Room 916, Tower 1, Bright China Chang An Building, No.7 Jianguomen Nei Avenue, Beijing

TEL:(8610)65101583 Fax:(8610)65101584 Email:

For enquiries, please contact HKCCC Rachel Yu Tel: 6510 1583 x 104

China Outbound Investment Forum 2011- Registration Form

Please confirm your attendance and send back this receipt before8thJuly Friday 5pm.

You may either send it by Fax to 010-6510 1584, or reply to

I would like to register for “China Outbound Investment Forum 2011” (please tick one)

Whole event(08:00-20:00)

□ Evening only (17:00-20:00)

I would like to participate in the following sector of the “Industry roundtable” session (tick one)

□ Financial institutions

□ Energy

□ Cleantech

□ Telecommunications and others

I would like to participate in the following sector of “Emerging Markets” breakout session (tick one)

□ Africa

□ Non-African emerging markets

Corporate Name
Member Name / (CH) / (EN)
Mobile / Email
Member Name / (CH) / (EN)
Mobile / Email
Member Name / (CH) / (EN)
Mobile / Email
Non-member Name / (CH) / (EN)
Mobile / Email
Non-member Name / (CH) / (EN)
Mobile / Email
Non-member Name / (CH) / (EN)
Mobile / Email
I wish to join HKCCC(Y/ N)

On behalf of the above named persons,Iconfirm that wewill be attending this meeting. If we decide to cancel our attendance,we will inform HKCCC Office before17:00pm 15th July. Friday, otherwisewe agree that we will be charged NO SHOW FEE (Whole event RMB 3,500;Evening eventRMB 600)

Signature______

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