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Featured press releases

Technology empowers innovation ecosystem and enables digital transformation of companies - EY wavespace™ flagship center in Beijing is officially open

BEIJING, 21 April 2021 — The opening ceremony of the EY wavespace™ flagship center in Beijing and a corporate digital transformation summit is held today at the Excel Center in Beijing. The flagship center strives at empowering innovation and transformation, business growth and driving business applications of forefront technologies in companies; focuses on building eco-alliances; incorporates the latest industrial ideas; fosters implementation of projects through interactive innovation; and serves offline with online. wavespace™ is the EY global innovation network and digital factory. There are wavespace™ centers in more than 40 of the most dynamic and innovative urban areas around the world.

21 Apr 2021 Beijing

EY releases Unlocking business model innovation with 5G

BEIJING, 1 March 2021 – EY today released the industry report, Unlocking business model innovation with 5G. It was discussed in the report that vertical industries are increasingly concerned about the real-time service-oriented function of 5G to transform business operations, unleash innovation and disrupt competition. The COVID-19 crisis will continue to impact all industries in the long-term and will speed up the digital transformation of enterprises. Companies will need to take advantage of this historic opportunity to rethink business models that will keep them at the forefront of their industry.

1 Mar 2021 Beijing

More press releases

EY comments on Hong Kong Budget 2021-22 - Hong Kong’s financial positioning and relief measures

HONG KONG, 24 FEBRUARY 2021 – Agnes Chan, EY Managing Partner, Hong Kong and Macau, says, “Based on the revised estimate announced in the Hong Kong Budget, the HKSAR Government (the Government) will record an unprecedented deficit of HK$258 billion for the financial year 2020-21, the highest deficit recorded to date.”

25 Feb 2021

China outbound investment sees opportunities with new breakthrough in multilateral cooperation: EY releases the Overview of China outbound investment of 2020

BEIJING, 8 FEBRUARY 2021 — EY today releases the Overview of China outbound investment of 2020. During the year, the overall ODI of China remained steady with an increase of 3.3% in terms of US dollars, despite the impacts of the COVID-19 pandemic and mounting geopolitical tensions. China overseas M&As kept the downward trend and the announced deal value was down to a lower point in recent years by 46.2%. North America and Asia were the most popular destinations, each taking up 30% of the total investment value. TMT, consumer products as well as advanced manufacturing & mobility were the top three sectors. China overseas divestments valued at US$49.3 billion in 2020, up 124% YOY, and it exceeded the M&A value in the same year for the first time.

8 Feb 2021

EY announces extension of blockchain solution deployment in China on Ethereum and Financial Blockchain Shenzhen Consortium Blockchain Open Source platform in cooperation with Blockchain Service Network

SHANGHAI, 5 FEBRUARY. EY today announces it has joined the Financial Blockchain Shenzhen Consortium (FISCO), a non-profit organization dedicated to the use of blockchain for financial applications.

5 Feb 2021

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