Photo taken on July 11, 2018 shows the Hong Kong-Zhuhai-Macao Bridge in south China. (Xinhua/Liang Xu)
BEIJING, Aug. 10 (Xinhua) -- Deloitte will add investment of 1 billion Hong Kong dollars (about 128 million U.S. dollars) in Hong Kong over the next three years for transformation of its Hong Kong practice to capture new opportunities, reported Chinanews.com Tuesday.
Patrick Tsang, CEO of Global accounting and consulting firm Deloitte China, has expressed high confidence on China's economy, especially the development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).
China's economy is not only resilient, but also enjoys broad space for development based on the "dual circulation" development pattern.Years ago Deloitte has benefited from China's reform and opening-up and in the future, it will surely support the country's development, said Patrick Tsang.
According to Tsang, Deloitte will focus on three fields including regional economy, digital transformation and green development.
The GBA is a vibrant world-class city cluster with a very high level of regionalization and urbanization. At present, Deloitte China has set up its GBA Center for Innovation and Entrepreneurship in Guangzhou and Shenzhen, and worked with the Guangzhou government to promote innovative and integrated development of high-end professional services, Tsang added.
He also believes that as China's economy continues to transform and upgrade, the digital economy, including data analysis, artificial intelligence and cloud services, will bring increasing opportunities, and green development has also become an important part for enterprises to build core competitiveness, especially the ESG (Environmental, Socialand Governance).
(Edited by Gao Jingyan with Xinhua Silk Road, gaojingyan@xinhua.org)
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