Insights and articles
We regularly publish research and articles on the Belt and Road Initiative. Here is a summary of all the latest thought leadership.
Who wins talent will reign - Talent acquisition and mobility vital to Greater Bay Area success
Supported by the Central Government’s policies and infrastructure developments, the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is well-positioned to become the world’s largest bay area economy.
To achieve global competitiveness, the GBA needs to attract and retain the top talent from around the world to contribute to its transformation. This research report has examined the current situation in regards to the mobility of talents within the region, with recommendations for enhancing talent acquisition and mobility in order to drive the coordinated growth of the entire bay area.
Digital connectivity in accounting: A boost to the Belt and Road Initiative
More and more countries along the Belt and Road (B&R) routes have committed to enhancing their overall IT infrastructure in recognition of the digital economy as the new economic growth engine.
This research was sponsored and completed by the Belt and Road Accounting Research Center with the joint efforts of SNAI, ACCA and Yonyou. The purpose of this research is to improve the breadth, depth and quality of digital interconnection along the B&R routes by exploring ways of achieving accounting informatisation and responding to the digital competencies of accounting personnel and international moves towards tax reform.
The Belt and Road Initiative: Reshaping the global value chain
The Belt and Road research project explores the opportunities and challenges for B&R countries, including China. It explores the politics, economics, societal and cultural aspect of the B&R through desk research, roundtable conferences and workshops. The approach considered local experiences, international vision, history and potential future developments.
Published in association with the Shanghai Stock Exchange.
Accounting Infrastructure: A Booster to the Belt and Road Initiative
Given that the Belt and Road countries vary in accounting development, the notion and scope of accounting infrastructure from county to country need to be studied. The research studied the disparities between accounting standards, tax risk and accounting personnel training across representative Belt and Road countries.
Published in association with the Shanghai National Accounting Institute (SNAI) and Deloitte.
The economic benefits of the modern silk road: The China-Pakistan Economic Corridor
The report examines the potential benefits of The China Pakistan Economic Corridor (CPEC) examining the economic cooperation on Gwadar port, energy, transportation infrastructure and industrial cooperation; how CPEC is viewed by financial professionals; and an assessment of the skills needed by finance professionals to benefit from CPEC.
Published in association with the Pakistan-China Institute.
Greater Bay Area Opportunities – Capitalising Hong Kong’s Unique Edge
ACCA Hong Kong's recommendations for the HKSAR Government.
ACCA Hong Kong conducted a member survey in January 2018 to seek the views of professional accountants in Hong Kong on the GBA initiative. Through this careful study and consultation, ACCA Hong Kong lays out a series of recommendations in the report for consideration.
Market demand for professional business and advisory services - Singapore, ASEAN region and China
A key driver of regional growth will come from the rise of e-commerce and the digital economy. Businesses that want to seize the opportunities can move faster and more securely by using not only internal know-how, but independent specialist business and advisory services from consultants and experts outside their organisations.
This report and research is supported by the Singapore Accountancy Commission (SAC).
Greater Bay Area - Navigating the road toward an international innovation and technology hub
To succeed in making the most of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), the support of industry, business and, in particular, finance professionals are integral to making it flourish and thrive. Finance professionals play an important role in forming, developing and safeguarding the policies that governments are putting in place and the cross-border collaboration and integration that are the lifeblood of the GBA.
The overarching goals of this report, jointly prepared by ACCA Hong Kong and EY, are to explore: (i) how the GBA can be developed into an international innovation and technology hub; (ii) what challenges are presented; (iii) what measures should be taken to facilitate the development; and (iv) how finance professionals can help to overcome the challenges and facilitate the development.
Download the full report (PDF, 1MB)
- What are the prospects for China’s One Belt, One Road initiative?
- Initiatives such as One Belt, One Road and the China-Pakistan Economic Corridor are helping Shanghai Electric to realise its global ambitions, says CFO Dong Jianhua
- China’s Belt and Road Initiative could boost 65 countries and has the potential to create a third global trade axis. So what are the implications for the global economy?
- Why accountants are the key to Belt and Road success
- One Belt, One Road is driving an infrastructure boom
Baker Tilly Malaysia is helping companies embrace new opportunities presented by the Belt and Road initiative
This article was first published in the January 2018 Malaysia edition of Accounting and Business magazine.
Read the article