Core Insights - Deloitte China released its 2025 Fiscal Year Social Impact Report, showcasing its commitment to sustainable development and high-quality economic growth in China [1] Group 1: Business Growth and Talent Development - In the 2025 fiscal year, Deloitte China supported over 2,000 Chinese enterprises in expanding into international markets, enhancing their global competitiveness [1] - Deloitte China has been recognized as a "Top Employer in China" for the 19th consecutive year and launched a "10,000 AI/GenAI Talent Certification Training Program" to improve employees' AI skills [2] Group 2: Environmental Protection - Deloitte China integrated sustainable development into daily operations, achieving 20 green/healthy building certifications and purchasing 7,242 international renewable energy certificates (I-RECs) and 754 Chinese green power certificates (GECs) [2] - The company aims for net-zero emissions and actively engages employees in ecological protection initiatives [2] Group 3: Social Contribution - Deloitte China invested in rural education and talent development, benefiting over 1.4 million people through the "Smart Start" program, with a total social impact investment of 30.18 million RMB [3] - Employee volunteer service hours reached 66,782, demonstrating the company's commitment to social responsibility [3] Group 4: Corporate Governance - Deloitte China has enhanced its governance structure through collaboration among partners, councils, and management teams [3] - The company achieved four international certifications in information security management, ensuring data protection for clients and employees [3] Group 5: Future Commitment - The CEO of Deloitte China emphasized the importance of professional service firms as leaders in corporate social responsibility, committing to strengthen capabilities and innovation for long-term positive impacts [3]

Core Insights - Deloitte China has released its sixth annual Social Impact Report for the fiscal year 2025, highlighting a total strategic investment exceeding 30 million yuan [1][2] Business Growth - In fiscal year 2025, Deloitte China integrated audit, tax, and consulting services, supporting over 2,000 Chinese enterprises in expanding into overseas markets [1] Talent Development - Since the establishment of Deloitte Academy, the company has organized over 3,000 internal training and exchange sessions, with more than 1,500 visits from government and enterprises [1] Environmental Protection - Deloitte China's offices have achieved 20 certifications for green and/or healthy buildings, and the company purchased 7,242 International Renewable Energy Certificates (I-RECs) and 754 Chinese Green Electricity Certificates (GECs), ensuring 100% renewable energy usage in its offices [1] Social Contribution - In fiscal year 2025, Deloitte China continued its investment in rural education and talent development, benefiting over 1.4 million people through the "Smart Start" program, with a total of 9.27 million beneficiaries. Employee volunteer service hours reached 66,782, with total strategic investment in social impact amounting to 30.18 million yuan [2] Governance - The practical experience of the independent consulting committee on audit quality at Deloitte Huayong has been incorporated into the "Certified Public Accountant Industry Development Report" for promotion within the industry [2]

Core Points - The fund being launched is the Peng'an Core Preferred Mixed Initiated Securities Investment Fund, which has been registered with the China Securities Regulatory Commission (CSRC) [1][15] - The maximum fundraising scale during the subscription period is set at 1 billion RMB, and any excess subscription requests will be subject to a proportionate confirmation method [2][3] - The fund will be open for subscription from November 28, 2025, to December 8, 2025, with the possibility of extending or shortening the fundraising period based on subscription conditions [5][21] Fund Structure - The fund is classified as a mixed securities investment fund and operates as a contractual open-end fund [16][17] - The fund's initial share price is set at 1.00 RMB per share [18][24] - The fund is managed by Peng'an Fund Management Co., Ltd., with Suzhou Bank Co., Ltd. serving as the custodian [1][42] Subscription Process - Investors must open a fund account to subscribe, and the subscription must be fully paid according to the sales institution's regulations [4][30] - The minimum initial subscription amount varies: 0.01 RMB for other sales institutions and 10 RMB for direct sales institutions [5][28] - Investors can make multiple subscriptions during the fundraising period, but once accepted, subscription requests cannot be withdrawn [4][22] Fees and Charges - The fund has different fee structures for A and C class shares, with A class shares incurring subscription fees while C class shares do not [25][27] - Subscription fees are used for marketing, sales, and other expenses incurred during the fundraising period [25] Fund Management and Operations - The fund is initiated with a minimum subscription amount of 10 million RMB from the founding investors, who must hold their shares for at least three years [12] - The fund's management fee is based on a floating rate, which may vary depending on the fund's performance [14][40] - The fund's assets may be invested in various financial instruments, including stocks, bonds, and derivatives, subject to market conditions [10][11]

Core Insights - The 2025 Shandong International Trade and Investment Advisory Conference was held in Jinan, focusing on promoting high-quality development and modern industrial systems in Shandong [1][3] - KPMG has been invited to the conference for the fifth consecutive year, highlighting its role as a key advisor in international trade and investment for Shandong [1][5] Group 1: Economic Performance - China's exports showed strong resilience in 2023, with a year-on-year growth of 6.1% in the first three quarters, an increase of 1.7 percentage points compared to the previous year [5] - Shandong, as the fifth largest exporting province in China, also performed well, with export growth exceeding 5% in the same period, driven by emerging markets and enhanced recognition of traditional products [5] Group 2: Challenges and Recommendations - Despite positive growth, challenges remain, including potential additional tariffs on transshipped goods by the U.S. and tightening scrutiny on re-export trade [5] - KPMG suggests that relevant departments provide policy support for foreign trade enterprises from both short-term and long-term perspectives to navigate these challenges [5] Group 3: KPMG's Commitment - KPMG has been operating in Shandong for nearly 20 years, providing high-quality audit, tax, and consulting services to local governments and businesses [5] - The firm plans to continue its engagement in Shandong, leveraging its platform and expertise to support the province's economic and social development [5]

随着各行业数字化转型提速，中国内地雇主正积极重塑人力资源策略，以满足不断更新迭代的业务 需求。调查发现，18%的企业积极为其财务部门扩招具备AI专业素养的人才。这一变化反映了企业在人 才引进模式上的结构性调整，显示财务职能领域对数字化能力日益增长的需求。 展望未来，65%的中国内地受访者预计，其所在企业未来12个月将进一步增加对AI技术的应用，较 上一次调查跃升17个百分点。调查称，这充分体现了中国内地人工智能强劲的增长势头，以及企业对其 战略价值的持续信心。 澳洲会计师公会华东和华中区委员会会长金科说："在中国内地，企业正愈发成熟地将AI等技术融 入商业模式，并广泛地应用于不同场景以驱动创新。" 中新网上海11月21日电 (记者 许婧 郑莹莹)澳洲会计师公会最新发布的《2025年商业科技应用调 查》(简称"调查")显示，过去12个月，中国内地企业的人工智能(AI)应用率与应用成熟度实现同步提 升。调查显示，AI的快速发展正深刻重塑财会领域的核心技能要求，并驱使财会人才加速转型。 中国内地企业在AI应用上不断向广度和深度拓展。调查显示，21%的相关受访者表示，AI已广泛融 入企业的各个环节。此外，30%的企业 ...

Group 1: OECD Taxation Insights - The OECD's latest report highlights China's MAP case closure rate exceeds the global average, showcasing effective tax dispute resolution[3] - China's APA closure rate stands at 24.2%, significantly higher than the global average of 18.1%, ranking seventh among jurisdictions[8] - The tax dispute prevention rate in China is 66.7%, well above the global average of 37.8%, placing it fifth globally[8] Group 2: Global Tax Trends - The total number of global MAP cases increased from 2,782 to 2,980, reflecting a growth rate of 7.12%[8] - The average completion time for MAP cases globally is 27.4 months, with transfer pricing cases reduced from 32 months to 30.9 months[8] - The OECD emphasizes the importance of cooperation among tax authorities to enhance tax certainty and prevent disputes[4] Group 3: Future Outlook - Chinese tax authorities are expected to continue engaging with jurisdictions like Italy, the US, Switzerland, Japan, and South Korea to resolve tax disputes[8] - The OECD's best practices are being integrated into domestic regulations by various jurisdictions, indicating a commitment to improving tax administration[7] - The exploration of multilateral frameworks for tax dispute resolution is gaining traction, with a focus on overcoming domestic legal barriers[7]

Core Insights - The 8th China International Import Expo (CIIE) is being held in Shanghai from November 5 to 10, showcasing the growing importance of "digital consumption" and "green low-carbon" as key themes for high-quality development in China [1] Group 1: Multinational Companies' Strategies - Multinational companies are increasingly confident in aligning their core strengths with China's long-term goals in digital transformation, sustainable development, and health [1] - There has been a significant increase in merger and acquisition activities by multinational companies in China over the past six months, driven by two main strategies: "going global" and "getting closer to consumers" [1] - The "going global" strategy involves acquiring leading Chinese technology companies in sectors such as electric vehicles, medical technology, biotechnology, water technology, advanced materials, and robotics to leverage global potential and excess capacity [1] Group 2: Investment Plans - The majority of multinational companies plan to maintain or increase their investments in China by 2025, utilizing methods such as greenfield investments, mergers, acquisitions, or joint ventures [2] - The aim of these investments is to enhance competitiveness, increase production capacity, and improve local research and development capabilities in the Chinese market [2]

本报（chinatimes.net.cn）记者张智 北京报道 11月5日，第八届中国国际进口博览会（下称"进博会"）和虹桥国际经济论坛在国家会展中心（上海） 隆重开幕。 作为党的二十届四中全会胜利召开后举办的首场重要经济外交活动，本届进博会以"开放共创新机遇， 合作共享新未来"为主题，吸引了全球155个国家、地区和国际组织参与，4108家境外企业参展，共同探 讨全球经济治理、数智转型、绿色发展等重大议题。 值得一提的是，"全球最快"高铁CR450样车精彩亮相，以创新互动视角和丰富沉浸体验展示了中国高速 铁路科技创新的最新成果，吸引大量观众驻足观看和互动体验，成为本届展会的亮点。 按照"十五五"规划建议，扩大高水平对外开放的战略任务的优先级进一步提升，释放了中国坚持开放合 作、互利共赢的强烈信号。毕马威中国主席邹俊对《华夏时报》记者表示，"十五五"规划建议明确要稳 步扩大制度型开放、对接国际高标准经贸规则，这将为世界共享中国大市场新机遇提供制度保障。 进博会作为中国推动高水平对外开放、构建新发展格局的重要平台，向世界释放出中国携手各国共创繁 荣的强信号。 "世界最快"高铁惊艳亮相 高铁CR450是我国高端制造业 ...

Core Viewpoint - PwC is focusing on the themes of "Navigating the Future, Rising from the East" at the upcoming China International Import Expo, emphasizing the importance of corporate globalization and artificial intelligence [1] Group 1: Event Participation - This year marks the eighth consecutive year that PwC is participating in the Import Expo, demonstrating its support for China's high-level opening-up [1] - PwC will debut its global new brand exhibition booth in China, showcasing an innovative interactive experience and deep industry insights [1] Group 2: Strategic Focus - PwC's focus this year is on the topic of corporate globalization, addressing the growing needs of Chinese and foreign companies in internationalization and localization [1] - The company aims to provide strategic support for bilateral investment and trade between Chinese and foreign enterprises, leveraging its global network and local expertise [1] Group 3: Exhibition Features - The PwC exhibition booth will feature four functional areas, integrating business display, interactive experiences, and public welfare initiatives [1] - The new brand image of PwC emphasizes collaboration, bold advancement, and a positive outlook on global engagement [1]

Core Insights - The article discusses the dilemma faced by students when choosing between accounting and e-commerce as their major, highlighting the importance of making informed decisions for future career prospects [1][6]. Comparison of Majors - **Accounting**: Involves working with numbers, maintaining financial records, and is considered stable with consistent demand across companies [3][5]. - **E-commerce**: Focuses on online business activities, marketing, and creativity, but is subject to market fluctuations and competition [3][5]. Employment and Skills - **Job Stability**: Accounting offers high job stability, while e-commerce can be volatile depending on performance and industry trends [5]. - **Salary Growth**: Accounting typically starts with lower salaries but offers steady growth, whereas e-commerce may start higher but is performance-dependent [5]. - **Required Certifications**: Accounting requires a clear path of certifications (Junior Accountant → Intermediate Accountant → CPA), while e-commerce may benefit from certifications like E-commerce Specialist and CDA Data Analyst [5][8]. Data Analysis Importance - The CDA Data Analyst certification is highlighted as a valuable asset, recognized across industries and beneficial for job seekers, especially in finance and technology roles [10][12]. - Companies such as China Unicom and Deloitte prioritize candidates with CDA certification, indicating its high market value [10]. Student Decision - The student, Xiao Yu, ultimately chose to major in e-commerce while also taking accounting courses, reflecting a balanced approach to skill acquisition [16].