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China's insurance market is promising growth and foreign investors are upbeat on the market, said Wang Xiangnan, secretary-general of Research Center for Insurance and Economic Development under Chinese Academy of Social Sciences.
China's consumption upgrade trend has fueled people's spending intentions, said Vishal Bali, managing director of Nielsen China.
China's efforts to promote "opening up" are expected to generate more demand for accounting talent as such moves will create a cross-border flow of professionals, according to the CEO of a global accountant association.
China's economy will continue to rebound in the second quarter but the recovery pace may be constrained by external uncertainties and a global downturn, therefore stronger domestic policies are needed to ensure a steady recovery for the rest of the year, economists said.
China's economy expanded by 6.9 percent in the first half of 2017, with consumption and services, together with new innovation-driven economic sectors, taking up larger roles. In light of the strong data and expectations of continued fiscal support, the IMF in July revised China's growth forecast upward to 6.7 percent for 2017 and 6.4 percent for 2018.
