KPMG Ningbo office officially opens
CBI member KPMG's Ningbo office was officially opened on 15th April. Chu Yinliang, Member of the Standing Committee of the Ningbo Municipal Committee and Party Secretary of the Yinzhou District Committee, Mei Yijin, Member of the Standing Committee and Deputy Director of the Yinzhou District Committee, Wang Jianfeng, Chairman of Joyson Electronics Co., Ltd., Zhuang Wei, Chairman of Shanshan Group, and William Gong, Vice Chairman of KPMG China, attended the opening ceremony.
During the afternoon of the same day, KPMG held a series of seminars on topics such as China's capital market policies and the digital transformation and upgrading of enterprises. KPMG China's experts from different sectors had discussions with the guests to share the latest views of the industry trends.
KPMG Ningbo office is the first new branch of KPMG China to open within KPMG’s national business network in 2020. KPMG's entry into Ningbo also opened up a new prelude to KPMG China's 2020 regional strategic plan.
Based in Yinzhou, Ningbo, KPMG takes advance of its expertise to contribute to local economic and social development
KPMG China Vice Chairman William Gong said: "In recent years, Ningbo has actively adjusted its economic structure. A number of modern service industries such as port and shipping logistics, leisure and tourism, and financial insurance have risen rapidly. New consumption, represented by online shopping and cross-border e-commerce, has continuously flourished in the market.
In 2019, Ningbo’s GDP broke through RMB 1 trillion and became China’s 15th cities with GDP more than RMB 1 trillion. In addition, Ningbo’s economy is resilient and has strong development potential. Ningbo is one of the cities with the highest secondary industry ratio among the trillion GDP cities and industry has long been the first engine of economic growth. With the high-level construction of the “246” industrial cluster* as the starting point, Ningbo strives to build a national demonstration zone of high-quality development of the manufacturing industry. For the first time, its annual industrial growth value exceeded RMB 500 billion, ranking first in Zhejiang Province and second in the national plan. "
(*note: “246” industrial cluster – “2” means to build two RMB trillion-level industrial clusters for green petrochemical and automobiles; “4” means to build four RMB 500 billion-level industrial clusters including high-end equipment, electronic information, new materials, software and emerging services; “6” means to build six RMB 100 billion-level industrial clusters of key basic components (components), smart home appliances, fashion textiles and apparel, bio-medicine, cultural and sports supplies, energy conservation and environmental protection)
In recent years, KPMG has continuously served enterprises in Ningbo, and cultivated a number of high-quality customer resources in Ningbo, such as Joyson Electronics, Ningbo’s leading enterprise, and many other local enterprises. Going forward, KPMG will take root in Ningbo, serve Ningbo, and continue to expand its business. In addition, KPMG will also give full play to its own consulting professional advantages and propose strategies for the economic and social development of Ningbo.
Seeking innovation and promoting development, KPMG contributes to the growth, transformation and upgrading of Ningbo enterprises
The Yangtze River Delta region is one of the areas with the most dynamic economy, the highest degree of openness, and the strongest innovation capability in China. It is also an important area for KPMG's contribution and innovative development. In the integrated development of the Yangtze River Delta, the fields of finance, insurance, technology, urban development, etc. all fit well with KPMG's current advantageous business areas.
John Wang, Chief Partner of KPMG China in Zhejiang Province, said: "Ningbo is accelerating the creation of a modern industry, a modern city, opening to the outside world, and an upgraded business environment. As an international leading professional service organization, KPMG will provide our professional services to Ningbo government and enterprises and help Ningbo enterprises grow, transform and upgrade. "
At present, a new round of scientific and technological revolution and industrial transformation is rapidly emerging, and emerging industries have become one of the focal points of industrial competition between cities and countries. Nurturing and growing new industries is essential to Ningbo's long-term development.
KPMG deeply understands the significance of accelerating the development of emerging industries, and it is a step ahead in the development of emerging industries and leads the way in future competition. Going forward, KPMG will also grasp the main direction of accelerating the development of emerging industries, and help Ningbo's local enterprises to accelerate the expansion and strengthening of emerging industries in key areas such as healthcare, industrial Internet, "5G +", digital economy, and intelligent logistics.
It is worth mentioning that KPMG has mature business lines in the above fields, which can continue to help Ningbo's industrial transformation and upgrading and inject new momentum into Ningbo's high-quality development.
In addition, KPMG also proposed a series of innovative solutions for the digital transformation of the entire industry chain, dedicated to understanding the pain points and difficulties of the transformation of the industry in which the company belongs to, and providing companies with a series of effective digital solutions, using the digital way to liberate the workforce and provides innovative and comprehensive solutions for enterprises, meanwhile bringing better working experience to employees.
KPMG settles in Ningbo to strengthen regional competitiveness
Lane Zhang, Chief Partner, Ningbo, KPMG China, said: "KPMG Ningbo will provide multi-disciplinary professional services to the enterprises in Ningbo.
KPMG's professional team will rely on KPMG's global network and rich industry experience, with comprehensive tax and financial, management, risk consulting and other professional services to assist local Ningbo enterprises to improve internal management, achieve strategic transformation and improve corporate competitiveness. We will also gradually introduce and involve local high-level talents in Ningbo to build a high-quality talent team in order to promote and enhance our core competitiveness for regional development. "
Ningbo is an export-oriented economic city. KPMG Ningbo will help enterprises in Ningbo improve their management standards, transform and upgrade their enterprises towards globalisation, we will also take advantage of our international perspectives and professional service capabilities to attract more transnational companies and world-renowned companies to open office in Ningbo, to enhance the investment value of local companies in the global capital market.
KPMG will regularly conduct special local industry seminars after entering Ningbo, such as tax planning, listing counselling, digital transformation, etc., hoping to provide professional insights and suggestions for local enterprises. At the same time, Ningbo, as a well-known port city, has great demand in the field of import and export trade and enterprise "expanding outside of Ningbo".
KPMG has been committed to creating a functional platform that serves the whole country, faces international market and connects the two, to build a global Chinese business development centre. At present, nearly 60 Global China Business group have been established around the world, which can effectively help local enterprises to "go out" to explore overseas markets, and truly achieve "based on Ningbo and radiate the world."
KPMG will provide more professional services for the government and local enterprises, working together for a win-win future.
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