The Association of Chartered Certified Accountants (ACCA) kicked off a weeklong celebration to mark the 30th anniversary of the professional body's presence in China with a high-level global summit in Beijing on June 22, to be followed by further events in Guangzhou and Shanghai.
The Beijing global conference, titled "Connecting the Next Era," brings together the ACCA's 36 global council members with 300 business leaders, government officials, policymakers and investors to share their insights on China's connectivity with the world under the framework of the Belt and Road Initiative (BRI).
Leo Lee, the global president of ACCA, said in his opening remarks that China is on a path to sustainable national rejuvenation with ambitious targets set for 2020 and 2035. "This new era in economic development will enable China to become a global leader in innovation as well as ensuring greater equality and living standards for all," he said.
Lee pointed out that many of China's national economic initiatives rely on connectivity, with the BRI being one example. By promoting connectivity in the fields of policies, trade and investments, infrastructure, financial resources and people, the BRI draws on the basic economic principle that when countries are connected by an efficient infrastructure, both internally and externally, that network will boost the exchange of goods, he explained.
"The accountancy profession plays the key role in supporting these goals and ACCA is committed to helping support growth in China by thinking ahead, connecting markets and communities, and using our global reach to support the profession to flourish and grow," Lee added.
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