January 10, 2025, Shanghai, China— The Shenzhen Municipal Human Resources and Social Security Bureau has recognized the CGMA® (Chartered Global Management Accountant) designation as equivalent to “Senior Engineer” in its 2024 International Professional Qualification Recognition Directory.
This is the first time the CGMA designation, representing the highest benchmark in the field of management accounting, has been acknowledged within Shenzhen’s professional title and evaluation system. Notably, the CGMA designation is the only international accounting qualification to receive this recognition within China’s broad STEM talent framework, underscoring its vital role in driving innovation, digital transformation, and sustainable growth.
Known as China’s “Silicon Valley,” Shenzhen is embracing global expertise to drive innovation and economic transformation. This recognition highlights the critical role CGMA professionals play in the digital and AI era, providing leadership in financial strategy, resource optimization, and sustainability.
By integrating international qualifications, like the CGMA designation, Shenzhen strengthens its position as a global talent hub in the Greater Bay Area and aligns with China’s broader goals for economic and technological advancement.
The Association of International Certified Professional Accountants representing AICPA and CIMA members, will continue to support the CGMA designation in China, helping businesses enhance decision-making and achieve sustainable growth.
For more details, visit the Shenzhen Municipal Human Resources and Social Security Bureau’s official website.