A total investment of 1 billion Yuan! PwC University launched in Sanya
News source:hiHainan / By Ding Xin and Li Jinsong / 11 08,2019 16:56:00 / Focus on Hainan

The Sanya Daily reporter learned from US-China Sub-National Economic and Trade Cooperation Forum & Hainan Free Trade Zone (Port) Trade and Investment Promotion Seminar of the 2nd China International Import Expo held on the morning of November 6th, Sanya City signed with PwC China the PwC University project cooperation agreement.

According to the content of the agreement, the two parties will jointly set up a joint venture company and adopt the co-construction model to establish PwC University. The project is planned to start construction in 2020 and put into operation in 2023. It is estimated that the total amount of total investment will be 1 billion Yuan. It will be the first international innovation pilot demonstration base that radiates Asia-Pacific area and serves the whole world, further enhancing the specialization and internationalization level for Sanya's technological innovation, talent training, and corporate services.

On April 28 this year, Sanya City signed a strategic cooperation agreement with PwC. The agreement is planned to cooperate with Sanya City to build the world's first PwC University, including four functional sections: entrepreneurial gathering, international exchange, development research and practical education.

According to the preliminary plan, PwC will give full play to its You Plus education and training system, and incorporate half-year practical training in the course. Through the practical study with senior management staff, the students will gain practical experience. It is hopeful to train talents with business skills for the society.

At the same time, PwC will take the advantage of policies and environmental resources of Sanya to give full play to its “City+” innovative services, and help Sanya enhance its urban competitiveness, thereby attracting more companies with industrial development and comprehensive strength. It will help to build the construction of Hainan Pilot Free Trade Zone and the Free Trade Port.

Wu Haifeng, deputy mayor of Sanya City, led the Sanya City Trading Group to participate in the event. Wu Haifeng introduced Sanya to the guests from home and abroad about its leading industries, key parks, business environment, the process of building a free trade port in Hainan, investment promotion results and related preferential policies. He sincerely invite guests to visit Sanya for business and tourism.

As an important supporting activity, US-China Sub-National Economic and Trade Cooperation Forum & Hainan Free Trade Zone (Port) Trade and Investment Promotion Seminar of the 2nd China International Import Expo is an important platform for local and enterprises in China and the United States to strengthen further exchanges and promote cooperation. 

Assistant Minister of Commerce Ren Hongbin, Vice Governor Shen Danyang, Vice Chairman of the US-China Business Council Matthew Margulies, Director of the Ministry of Commerce of the People's Republic of China Wu Zhengping, Director of Hainan International Business Council Han Shengjian,  director of the Washington State Department of Commerce, and US state Senator Jacob Anderegg , attended the meeting and delivered speeches. The Municipal Bureau of Commerce and the Municipal Investment Promotion Bureau attended the event. 

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