PwC China has opened its first office in the capital of Jiangsu province Nanjing, taking the total number of offices in the country to 15.
PwC China markets leader Frank Lyn said that Nanjing has great competitive advantages with its geographic location and the fact that it acts as a major transport hub.
PwC China Nanjing office lead partner Jevens Qian said that as the capital city of the prosperous Jiangsu province, Nanjing is a regional centre for business, trade, finance, tourism and logistics.
“PwC has been doing business in Nanjing for many years and we have a number of high profile clients in the city. We are also actively involved in the city’s development, having provided support to the organisation of the Nanjing Mayor’s Forum,” he added.
Lyn also added that the firm will provide advisory services to support Nanjing companies’ expansion into international markets.
In the latest International Accounting Bulletin China survey, PwC China was ranked the largest firm, with revenues of CNY2,706.9 million ($416.9million) and 14,000 staff in the latest available fiscal year.