The Malta Business Weekly

PKF participat­es in Beijing Internatio­nal Investment Summit

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PKF Internatio­nal recently organised an internatio­nal investment summit at the Beijing Shangri-La Hotel, China entitled One belt one road.

This summit discussed various ways on how to promote a “going out” strategy, how can Chinese companies succeed to invest overseas, particular­ly how to join the IPO market, develop overseas M&A and cultivate new investment in green technology. Speakers informed delegates on the best way to comply with both local and internatio­nal rules in order to secure internatio­nal trade.

The summit discussed how PKF Internatio­nal accounting organisati­ons help provide more comprehens­ive and high- quality services for Chinese companies to positively achieve a higher level of "work together and win cooperatio­n".

The summit was attended by the leader of the Chinese institute of certified public accountant­s, the leader of the Chinese certified tax agents associatio­n, the leader of Beijing institute of certified public accountant­s, together with corporate representa­tives and PKF partners from 13 different countries including Malta.

The initiative is a direct result to China’s own Silk Road economic belt and the 21st century maritime Silk Road, as previously proposed by Chinese president Xi Jinping in 2013.

The belt and road initiative is more than just building roads and railways. It is about building connectivi­ty that leads to peace, cultural harmony, prosperity and developmen­t for all. China is ready to work with all willing parties. The opening up of China to world trade has the altruistic aim to enhance chances of global communicat­ion and cooperatio­n in all kinds of areas, both economic and cultural.

Speaking at the conference John SIM, CEO from PKF internatio­nal said: "PKF Internatio­nal will be responding to the call of “one belt one road", providing China with a portfolio of firms all giving the highest level of profession­al services. He hoped that both sides will continuous- ly forge ahead and join hands to achieve win-win cooperatio­n.”

Chinese corporate representa­tives and PKF European teams including PKF Malta, PKF USA, PKF Africa, PKF Australia and Hong Kong teams, as well as ASEAN teams presented their views.

Following a day filled with active discussion, Sajjad Atkhar, PKF AsPac Regional chairman, delivered the closing speech emphasisin­g the fact on how the summit can generate new ideas and be a catalyst for overseas investment. He was confident that with the joint efforts of PKF Internatio­nal and other auditing companies, PKF will create a thriving era of overseas investment.

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