Selman Haxhiu has one word to describe Shanghai: Amazing.
Selman, who hails from Birmingham, in the United Kingdom, has been enamored by the city from day one.
“I really like the scenery and the nightlife that Shanghai has to offer. Also there are a lot of things you could do to keep yourself busy, which is always good.”
Compared to Birmingham, Shanghai “is quite huge. There is more to see and explore in Shanghai, and it's unlikely that you will get bored,” he says.
Selman, who is studying Business, Accountancy and Economics at University of Worcester, will do his internship in China at Star Shanghai Accounting & Consulting Co., Ltd. His responsibilities include checking if all invoices are in order, ensuring all VAT invoices are collected on time, checking the account receivables, and doing daily related bookkeeping using accounting software.
“I hope to gain some valuable experience in the Chinese accounting sector,” says Selman.
Outside of work, he says the biggest challenge is the language barrier and says Gi2C was “helpful when I needed something done.”
How does Selman’s family feel about him heading out to the Wild East?
“They were really excited for me, because it’s a whole new experience.”
It certainly is. We’ll check in one last time before you leave, Selman.
Now, back to Shanghai. The city has long been mainland China’s financial capital. Wait, you say, doesn’t that distinction belong to Hong Kong? Hong Kong, although part of China, is not considered what is called “mainland China.” To learn more about the differences between Hong Kong and China, click here and here.
China has big plans for Shanghai, with hopes that it will surpass Hong Kong as the region’s hub of finance. Recently, China gave the green light for a free-trade zone in Shanghai, the first in mainland China. There are already fears that the zone could take some of the thunder out of Hong Kong’s dominance in the region.
What does this all mean? Well, Shanghai’s financial reforms will undoubtedly attract more expatriates from around the world, like Hong Kong already does. There are roughly 173,000 expats living in Shanghai, far less than Hong Kong. Don’t be surprised if the number of internships in Shanghai explodes! Shanghai’s going to need corporate financial officers, bankers, stockbrokers, financial analysts, portfolio managers and financial consultants, not to mention help from other fields like engineering and design to aid in the expansion of the zone itself.
Shanghai’s time has arrived. The possibilities are endless.