KPMG Global China Practice Week eyes 'going global' and 'bringing in' initiatives

KPMG's overseas representatives to China visit the Shanghai Hongqiao International Central Business District. [Photo/KPMG]

KPMG China recently hosted the KPMG Global China Practice Week from May 9 to 17, featuring a series of activities like seminars and visits in Shenzhen, Beijing, and Shanghai, to enhance its "going global" and "bringing in" efforts.

Nearly 30 KPMG partners and industry experts from 13 countries took part in the event.

To promote "going global", seminars on overseas investments were held, focusing on strategic advice for Chinese enterprises that are expanding abroad.

The seminars discussed investments in Southeast Asia, the Middle East, and Mexico.

Experts from KPMG Thailand, Vietnam, and Malaysia shared insights on their respective investment landscapes, legal requirements, and tax considerations. They also discussed cases of successful Chinese investments in Southeast Asia.

KPMG Kuwait, Saudi Arabia, and UAE experts discussed economic development, investment opportunities, and tax regulations, aiming to assist Chinese companies in navigating the region's business environment.

KPMG Mexico representatives provided valuable information on the Mexican market, addressing challenges and opportunities for interested Chinese investors.

A meeting on investment opportunities across the global new energy industrial chain was also held, with experts sharing their thought-provoking opinions.

During the delegation's visit, KPMG China also held activities to showcase China's business environment as part of its "bringing in" efforts.

Through investment policy introduction, as well as visits to the Beijing Economic and Technological Development Zone, Shanghai CIIE Cultural Exhibition Center, and Hongqiao Overseas Development Service Center, the overseas colleagues got to understand and witness more of China's development achievements.

The representatives from KPMG's overseas member firms expressed great satisfaction in their extensive internal exchanges with KPMG China colleagues. Through client meetings and site visits, they deepened their understanding of China's current development status and the needs of Chinese enterprises. Confident in the prospects of the Chinese market, they are eagerly looking forward to future collaborations with Chinese companies.