Pricewaterhouse Coopers (PwC), one of the Big Four accounting firms in the world, launched its Wuhan branch on October 21, following Ernst & Young and Deloitte to become the third of the Big Four in Wuhan, capital of central China’s Hubei Province.
According to the APAC president of PwC, accounting firms rush into Wuhan for its strong economic radiation, the GDP of Wuhan is hopeful to exceed 1 trillion Yuan (US$ 163.4 billion) in 2014. Besides, Wuhan boasts the largest population of university students in the world, which means rich human resources of professional financial talents and accountants.
The Big Four offers audit, assurance, tax, consulting, advisory, actuarial and legal services for the Fortune 500 enterprises and leading enterprises around the world. At present, the Big Four in China mainly serve the Chinese organizations of transnational corporations, and large-scale China-invested enterprises which are listed abroad. Besides, they also issue economic survey reports regularly to guide investment.
According to the report of “Cities of Opportunity” released by PwC on October 21, Wuhan ranks No.4 among the 15 regional central cities in China.
(hubei.gov.cn by Mao Huifang)
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