Dezan Shira & Associates Launches Cost Control Series to Support Sustainable Business Growth in China 2024-25

Shanghai, October 31, Thursday – Dezan Shira & Associates has introduced a new event series dedicated to the crucial topic of cost control for businesses operating in China, aiming to address the challenges posed by an increasingly competitive business environment, fluctuating market and supply chain costs, and evolving regulatory landscapes.

The inaugural session, led by Vivian Mao, Partner and Head of East China at Dezan Shira & Associates, and Jenny Liao, Partner leading the Corporate Accounting Service and Tax team in East China, brought together over 20 business leaders and founders from diverse sectors at the Servcorp Coworking Area in Shanghai.

The session covered key topics such as effective cost management through financial analysis and digitalization, renegotiation of supply contracts, labor cost reduction methods, and the use of flexible workspaces. Participants also heard insights from two business owners who shared their experience with cost management, highlighting its critical role in overcoming financial challenges.

Engaging discussions continued from the sharing session through the Q&A and networking segments, where many attendees found practical value in the solutions discussed.

Dezan Shira & Associates regularly hosts events that provide valuable in-person learning opportunities for clients, partners, and followers. Through these gatherings, our experts across legal, accounting, HR, and IT service lines share insights into real-world business cases, fostering a space for SMEs to connect and collaborate and a supportive environment for navigating China’s dynamic business landscape.

Upcoming Events about Cost Optimization

Join our expert-led sessions, now through January 2025, which focus on effective strategies for transforming cost management in China in the areas of financial processes, labor costs, renegotiating contracts, leveraging IT solutions, and more.