Based in Nanjing, looking at Yangtze River Delta
EY Nanjing office opens officially
Nanjing, June 28, 2012 – The EY Nanjing office, located at Sunny World at the heart of the CBD, Nanjing’s financial center, opens officially today. It marks the establishment of EY’s 15th office in China, which demonstrates not only Ernst Young’s optimism about the potential of Nanjing as well as Jiangsu Province, but also its confidence in the future of the Chinese market.
Lu Bing, Vice Mayor of Nanjing, Feng Yajun, Secretary of the CPC District Committee of Jianye District, and Zhang Jun, Mayor of Jianye District will present at the opening and ribbon-cutting ceremony. The representatives from EY are Albert Ng, Chairman, China, Managing Partner, Greater China; Philip Leung, Managing Partner, China Central Region; and Derick Yap, Managing Partner, EY’s Nanjing office.
Albert Ng says at the opening ceremony, “EY is one of the first international accounting organizations which entered the Mainland market. We are honored to witness China‘s fast economic growth and prosperous development in the past decades and its positive influence on today’s global economy. Nanjing, as an ancient cultural capital of China, not only has long been well-known for its long history and geographical advantages, but also has accomplished notable achievements in recent years, through actively driving economic transformation and accelerating industrial innovation. We have great hopes and good wishes for a brighter future of Nanjing.”
Albert also notes that EY, optimistic about the economic development and regional advantages of Nanjing, was committed to developing the local market in the past years. On one hand, EY assisted the municipal government of Nanjing in attracting investment, actively participated in the Nanjing Mayor and International Entrepreneurs Forum, and advised on the development planning of Nanjing. On the other hand, it endeavored to communicate with Chinese and foreign enterprises in Nanjing and, through events such as the EY Entrepreneur Of the Year and Milestones, promoted entrepreneurs’ spirit of innovation and encouraged enterprises to improve corporate governance and to continuously enhance risk awareness and capabilities to raise capital through going public. EY, relying on its resources in China and around the globe, expects to play its part in contributing to the economic development of Nanjing.
Philip Leung says, “Being the growth engine for driving the economic developments of Jiangsu province, Nanjing boasts significant regional advantages and leads surrounding regions in technological advances and infrastructure. Through many years’ efforts, EY has now developed various businesses in Nanjing, providing services such as IPO, tax planning and business advisory to many high quality clients. The establishment of our Nanjing office, the second one in Jiangsu Province after Suzhou office, marks an important strategic approach for us to strengthen and develop business in the economic zone of the Yangtze River Delta. Based in Nanjing, we will deliver professional services of international standard to Chinese and foreign enterprises in Nanjing and the surrounding areas, while laying the foundation for serving other major cities in the Yangtze River Delta.”
Derick Yap says, “Among the most significant resources of Nanjing are science and technology, education and talents. Nanjing’s consulting and service outsourcing industries have gained great momentum in recent years, leaving much room for leveraging its talent strength in finance, accounting and consulting, which will contribute to making Nanjing a domestic leader in consulting and service outsourcing industries. The EY Nanjing office welcomes both excellent graduates from universities in Nanjing and local leading talents with experience in consulting services to join us. In addition, With its professional experience in serving major international events such as the 2010 Shanghai World Expo, EY will continue to better support the municipal government of Nanjing in its endeavor to host the 2014 Youth Olympic Games, and will provide valuable advice for Nanjing to develop modern service industries and for more enterprises to expand, innovate and go abroad.”
- End -
EY is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 152,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential. For more information, please visit www.ey.com.
EY refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
This news release has been issued by EY, China, a part of the EY global network.