Gordon Gao joins panel of judges at China International Business Awards 2021
Traditional ways of work will still exist for certain years, said BDO China’s Tax Partner and General Manager.
Gordon Gao, tax partner and general manager for BDO China Tax and BDO Tax Limited, specialises in China tax practice and tax controversy services, consulting, fast-moving consumer goods (FMCG), electronics, chemicals, logistics, real estate, and manufacturing. Apart from his stint in BDO, he is also the vice chairman of Shanghai Certified Tax Agents Association.
With over 25 years of professional experience, Gordon has provided tax and business advisory services to various types of business and industries including experiences with the tax authority, large multinational corporations and certified public accountant firms in China and overseas.
As the leader of Hong Kong and China tax practice, Gordon is keen on collaborating the resources in Hong Kong and Greater China to provide one-stop professional services to the clients.
As one of the judges at the China International Business Awards, Hong Kong Business sat down with Gordon as he shared his insights on the trends and opportunities for Chinese businesses.
Can you share with us your work experience or a backstory that has contributed to your expertise?
I have been working in accounting firms, government, industry in finance, accounting and tax fields for many years. This brings me comprehensive experiences in dealing with clients’ needs. Of course it also needs a lot of passion and communication skills. Solving clients’ problems legally is the most important thing.
Which trends do you think will define Chinese businesses in the years to come?
In the coming years Chinese businesses will keep growing. Some aspects (e.g. COVID-19) may have a little impact on the business, however the growing trend is obvious.
How has digital transformation affected the way companies are being formed today?
Digital transformation is a hot topic nowadays. People talk about this in most of the conferences and many companies will take this into consideration when making business decisions. But it will take at least another 10 years to publish it to all. It means some traditional ways will still exist for certain years.
Where are the opportunities in China for businesses to explore and how can they leverage these? What do you think are the advantages and disadvantages that it brings when it comes to managing and growing a business?
There are many opportunities for business in China, for example the services industry, it will be a huge market for growth. Investors will get a high margin though. However, investors need to do some research and find proper partners in China etc.
What key factors are you looking for when judging who should win?
Business projects with innovation are very important, also the sustainable development ability.