The China Beijing International Fair for Trade in service - Accounting Services

On 1 June 2012, Chairman Mr. Huang Jinhui and CEO Mr. Franklin Lau of Reanda International were invited to participate in the Accounting Services Forum on "Trade in Accounting Services and International Capital Flows: New Opportunities in International Development and Cooperation of the Accounting Profession" organized by the Chinese Institute of Certified Public Accountants (CICPA) as part of the China Beijing International Fair for Trade in Services (CIFTIS).

During the Forum, Mr. Li Yong, Vice Minister of the Ministry of Finance, P. R. China, and President of CICPA, delivered a keynote speech to elaborate on the significant growth of China's accounting sector in relation to internationalization and the future development of the industry in accordance with the "Outline of 12th Five-Year Plan for Development of Trade in Services" as promulgated by the Chinese government. Mr. Li addressed the directions which put forth by the Outline to the PRC accountants to go internationally, one of which included developing 10 international accounting networks within 5 years. The achievement of Reanda International was also highlighted in the speech. As the first China-branded accounting network, Reanda International ranked 20th among the international accounting networks with its turnover hitting USD 87.3 million in 2011 according to the International Accounting Bulletin.

With the theme of Trade in Services: New Vision, New Opportunities, New Development, the inaugural CIFTIS this year was held from May 28 to June 1 in 2012 at China National Convention Center.

As approved by the China State Council, CIFTIS was jointly hosted by the Chinese Ministry of Commerce and the Beijing Municipal Government every year in Beijing starting from 2012. It is positioned as the only comprehensive service trading platform covering 12 sectors of trade in services all over the world.

Over 20,000 businesspeople from 58 countries and regions, including delegates from 67 Fortune 500 companies participated in the CIFTIS.

For the full speech of Mr. Li Yong, please refer to the following hyperlink of the CICPA website:

http://www.cicpa.org.cn/jjh/zlzs/zhwx/201205/t20120531_34048.htm

(Click to enlarge)

Mr. Jinhui Huang (left) - Chairman of Reanda International and Mr. Franklin Lau (right) - CEO of Reanda International attends the CIFITS event