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Deloitte's new venture to serve digital economy

Ding Yining
Deloitte HiTech Ltd will be an integrated center for research and development of digital assets and high-tech offerings for clients and Deloitte itself.
Ding Yining
Deloitte's new venture to serve digital economy
Ti Gong

Deloitte China has unveiled a new high-tech venture Deloitte HiTech Ltd in Shanghai to offer integrated digital economy-related services. 

With 30 million yuan (US$4.23 million) in registered capital, it will serve as an integrated center for research and development of digital assets and high-tech offerings for clients and Deloitte itself. 

Deloitte China CEO Patrick Tsang said it's also a connector and accelerator for cutting-edge technology and market application. 

"We want to deepen digital strategy deployment in China and expand partnership with government agencies and industry stakeholders here," he said. 

Shanghai plans to invest at least 270 billion yuan in the next three years in digital infrastructure to boost the city's innovation and economic development and further strengthen its position as a hub of emerging technology and innovation in China.

"Technology innovation and digital economy are the accelerator of China's future growth and Deloitte HiTech Ltd hopes to respond to China's call for investment in smart infrastructure and to empower innovation incubation and help digital transformation," added Deloitte China innovation leader Dora Liu.

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