ZTE has unveiled its Global Finance Shared Service Center in Xi'an and hopes to provide accounting services to external enterprises through this center.

Wei Zaisheng, senior vice president and CFO of ZTE, said in a press statement that ZTE would gradually bring its basic financial services to Xi'an and in the future they would not only serve ZTE's corporate clients, but also provide accounting service to other external companies.

Wei said that Xi'an has many universities and developed communications service, so the operational costs in Xi'an are cheaper than in Shenzhen.

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