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Singapore alliance boosts Nanjing expansion efforts

The Institute of Singapore Chartered Accountants (ISCA) and its Professional Services (PS) Centre Alliance partners have inaugurated a new Professional Services Centre in Nanjing, China. This marks the alliance’s second centre in China and third globally, designed to aid enterprises in expanding across China, Singapore, and Southeast Asia.

The centre was established in response to increasing demand from businesses seeking international growth. It serves as a platform to connect enterprises with professional services and in-market networks, facilitating smoother cross-border expansion. Nanjing’s strategic location, with links to universities and ecosystem builders like the Singapore-Nanjing Eco Hi-tech Island, supports this initiative.

Since their inception, the PS Centres in China and Vietnam have supported over 100 businesses. Prior to the Nanjing launch, the centre assisted several small and medium-sized enterprises (SMEs) in establishing operations. BIPO, a HR solutions provider, successfully set up its presence in Nanjing with the centre’s support. Michael Chen, CEO of BIPO (Asia), stated, “The launch of the Professional Services Centre marks an important step in enabling more efficient and scalable global expansion for enterprises.”

The launch event, titled “Bridging Singapore and Nanjing, Charting Opportunities from ASEAN to China,” was attended by government representatives and business leaders. Xu Feng, Vice Mayor of Nanjing, emphasised the economic linkages between China and Southeast Asia, noting the importance of professional services in international expansion.

ISCA President Teo Ser Luck highlighted plans to expand this model to other regions, including Shenzhen and Bangkok, to continue supporting cross-border business growth.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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