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

Management consulting up in China

Nov 22
 
Tags: Rest of the World
Share this story:
Management consulting up in China

Management consulting may still be a relatively new phenomenon in China, with much of the work within the industry carried out by large, multinational, Western clients, but the market has still managed to grow by around 10 per cent and is now thought to be worth $2.9 billion (£1.79 billion).

The figures were recently published in a report by Source Information Services, which went on to state that the amount of untapped growth in the market means that there is unlikely to be any let up in its progress any time soon.

All of the largest sectors that one associates with a strong consulting market showed signs of progress, including manufacturing (up 13.5 per cent to $793m), Financial Services (up over 10 per cent to $421m), and Energy and Resources (up over eight  per cent to $365m).

It also said that when it comes to the manufacturing sector in particular, the demand for consulting is mainly focused on consumer goods for the emerging middle class and skilled manufacturing products for the export industry.

Despite the fact that much of the low-skilled manufacturing has moved to other countries, such as Vietnam and Bangladesh, consulting is still finding a way to flourish within the sector.

The most significant service to be found in the report however, was that of operational improvement, with was up by 3.6 per cent to more than $1billion.

B.J Richards, a Senior Analyst at Source and author of the report commented: “The Chinese consulting market looks to remain hotly competitive for the near future, as there seems to be more consultants flocking to the market than work to support them, and increasingly sophisticated local firms threaten to join the fray. A thorough understanding of the Chinese market, a highly specialised skill set, pragmatic solutions, and far-ranging international insight will remain the most sought-after traits and therefore the best opportunities for differentiating yourself from the crowd.”

Search Mindbench.com 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 

$150k-$400k US dollar packages
China and Asia
Our client is a supply chain advisory business which has expanded rapidly in Asia. They have opportunities for Manager and Principal Level candidates.  General Expectations: • Lead the client
£120k plus 20% bonus, plus £...
Central London and UK
Our client inspires healthy habits for real life. They meet ther members where they are and leverage the latest nutritional and behavioral science to help them eat healthier, move more
£60k-£80k plus bonus, benefi...
Central London and UK
Our client has a strong record of working with C-level leaders in major private and public sector organisations, directly addressing their greatest strategic challenges
£30k-£70k plus bonus, benefi...
Opportunities in London, Bristol, Manc...
  Resume - William Ng Are you looking for an opportunity to work at the cutting edge of public service reform?  Our client are seeking a highly-professional
£28K - £45K base + bonus, be...
Central London
My client is an award winning London based Technology & Media - Research & Strategy Boutique Consulting Firm.  They are looking for a Business Analyst with consulting