Accessability Links
Cookies on our website
By continuing to use this website we will assume you are happy to receive cookies as outlined in our cookie policy
Accept Policy

China's consulting sector continues to grow

Nov 18
Tags: China
Share this story:
China's consulting sector continues to grow

Although the Chinese economy has reported a slowdown in growth in recent months, there is still strong demand for consulting services.

The latest Chinese Consulting Market report produced by Source Information Services found that the market for financial services consulting increased by 6.8 per cent in 2013.

Technology was the fastest-growing with a rate of 11.2 per cent over the past year, largely due to a focus on increased efficiency and back-office improvements, as well as the development of social media.

Data also revealed that there was strong demand within the healthcare, pharma and biotech sector - which is seen as a real growth area for the country's economy. Overall, this form of consulting saw a 14 per cent increase in 2013 and is predicted to grow by around ten per cent in 2014.

In recent years, a number of management consulting firms have expanded into the Chinese market due to the booming economy and the increased interest in client services.

However, there are some fears that any slowing down of the economy could encourage some firms to scale back operations rather than commit more resources to a potential uncertain future.

BJ Richards, senior editor at Source and author of the report explained: "The slowdown in economic growth is causing a sense of uncertainty and creating a cautious business environment as companies wait to see which way the economy will turn.

"But the fact remains that China is a $9.2 trillion (£5.8 trillion) economy with well over a billion people, so even if growth is less than hoped, consulting firms with global ambitions will have to decipher how to crack this huge market."

Search for the latest management consultancy jobs and consulting recruitment opportunities or contact us on +44(0)207 089 9017.

Share this story:
Add new comment
Jobs Related to this Post
5 result(s) found 
Page 1 of 1 

£40k-£50k plus excellent bon...
Central London
Customer Success Manager - Growing Tech Firm, Central London - Central London£40k-£50k plus excellent bonus and benefitsOur client are a technology start-up based in Camden which use a SaaS platform
Competitive for the best graduates wit...
Central London, limited travel require...
Analysts for Procurement Specialist Consulting Firm - Central London with only 15% travel requiredExceptional to hire the best experienced graduatesLondon based Management Consultancy – Analyst Our
£50k-£100k plus bonus, benef...
Central London
Energy / Commodities - Business Development and Sales for Leading European Research Company - Central London£50k - £75k base plus excellent bonus, benefitsOur client is one of Europe’s leading
£50k-£100k tax free plus exc...
Middle East (Dubai) and North Africa l...
Strategy Consultants - Healthcare and Pharma Sector for Dubai and North Africa - We have roles in Dubai, Algeria, Tunisia and Morocco£50k-£100k tax free plus bonus, excellent benefits such as housing
€50k - €120k plus bonus, benefits
Germany, multiple locations
Our client is growing globally and particularly in the German market where they have over 40 consultants focussing on operational improvement, supply chain and digital