BIZCHINA / Top Biz News |
China desperate for financial talents(Xinhua)
Updated: 2007-10-02 15:14 A recent international survey released by Deloitte Consulting found that two-thirds of the 636 senior finance executives surveyed thought the supply of high-quality talent in Asia was limited or inadequate. "The crucial but tricky part is that you have to master international practice as well as the local reality," managing director for Asia Pacific Operations CFA Institute Jane Squires commented. "This year 10,200 people signed up to take the CFA test in China, up 30 percent from last year," Squires said. "We can reasonably project that there will be 600 more CFA holders at the end of 2007." "I can't say how many financial experts China needs but one thing is certain, there is plenty of room for those who have the capacities. The United States currently has 44,220 people who hold the CFA qualifications. In comparison there are 3,650 in Hong Kong, 2,133 in Singapore and just 1,086 in the mainland," she said. China has outlined its new policies for the financial sector, including deepening the reform of state-owned banks, facilitating rural financial reforms, and steadily pushing forward the reform of foreign exchange rate. The country's financial sector is set to speed up as the market continues to swing open. In that case, Jian Jingtao, the young lady with so many traditional Chinese virtues, has an excellent chance of realizing her dream and the dream of her lucky boyfriend, probably with a little help in the shape of a bank loan. |
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