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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 further opening up is providing win-win benefits. Further opening up will help improve the efficiency of capital allocation and can reduce financial risks in China's economy, and ultimately help build a more stable and sustainable economic and financial system. In a broader context, China's long-term growth will also benefit other nations, particularly with regard to overseas investors who seek to achieve long-term returns and manage short-term risks.

China's leading manufacturers such as Haier Group Corp have quickly picked up on this consumer craze.

China's financial sector will play an important role in changing the world economy in the coming decades, when financial resources could be allocated worldwide more efficiently through supportive opening-up measures, a senior official of the nation's securities watchdog said on Tuesday in Boao, Hainan province.

China's influence in the world today is greater than it has been in modern history. Clearly the two most powerful countries, economically and politically, in the world are the United States and the People's Republic of China.