Mercer considers China expansion

Mercer, the world's leading human resources consulting company, is planning to expand its China business by up to three times in less than five years and better serve as a bridge between talents and enterprises - partly in response to the fact that people are changing careers more frequently due to the rapid development of industrialization, digitalization and artificial intelligence.

"Over the next three to five years, we would like to be two and a half to three times the size we are right now ... we are still very positive on what we think we can do in China, so we continue to invest, continue to do different things that would be helpful," said Julio Portalatin, president and chief executive officer of Mercer.

As one of the most important markets for Mercer, China has outpaced other markets in growth. Portalatin said he is confident of Mercer's development because the company has laid a solid foundation for accelerated growth. "We see the China market continue to evolve, continue to grow, continue to give us opportunity for the future," he added.