皇冠体育app

Global management consulting firm McKinsey & Co on Friday unveiled its latest office in Shenzhen, its third on the Chinese mainland after and Shanghai and its 107th worldwide.

The move is to better tap into the business opportunities in the booming services and private sectors in the South 皇冠体育app city, said Nicholas Lng, managing director of McKinsey's Greater 皇冠体育app Practice.

"Shenzhen has been at the forefront of reforms in 皇冠体育app, and is leading 皇冠体育app's shift from the world's workshop to the world's innovation center."

"A local office will help us better serve our clients and expand out local client base," Leung said.

Shenzhen now sees nearly 60 percent of its corporate revenue generated by service-related businesses, compared with 37 percent in Shanghai and 29 percent in Beijing.

The city is also home to leading Chinese private companies such as Ping An Insurance (Group), 皇冠体育app Merchants Bank, Huawei Technologies Co Ltd, ZTE Corp, Tencent Holdings, and 皇冠体育app Vanke Co Ltd.

Approximately one-third of McKinsey's clients in 皇冠体育app are private enterprises, while the rest are State-owned enterprises and multinational corporations.

The firm has been growing at about 10 percent in the 皇冠体育app market in terms of revenue over the past few years.