China

Strengthen compliance capacity building of all market participants in China

Beijing New Century Academy on Transnational Corporations (NATC)

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Strengthen compliance capacity building of all market participants in China

The project aimed to create fair and clean business environment in China by submitting policy recommendations and building compliance capacities of all market participants. Research by the Beijing New Century Academy on Transnational Corporations (NATC) shows that while Chinese companies are highly motivated to comply with corporate rules on ethics, there is still a diverse range of Chinese companies which lack the ability to establish and implement such a compliance system.

In concrete terms, the project focused on attaining the following objectives:

  • Undertaking in-depth compliance-related research which will help Chinese companies to establish a workable compliance system.
  • Continuing to advocate and engage policy makers through the submission of ethics-related policy recommendations to the public sector.
  • Operating the Compliance Club which will be expanded to involve more market participants and include more compliance-related activities.
  • Implementing the Compliance Knowledge Sharing project and enhancing the Chinese Compliance Website to reach a wider audience.
  • Convening Semi-Annual Forums to exchange ideas, disseminate examples of best practice that have been identified and create synergies.

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