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Financial professionals worldwide survey: China's economy slowed due to rebalancing

Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA) a quarter of the global economic situation survey recently released 2015 report shows that from a global perspective, China's economic growth is still good, business confidence remains high, but in the past three months Economic growth is still lower than expected.

The signs that the Chinese economy is undergoing further adjustments to increase the service sector in GDP proportion. The survey also showed that Chinese infrastructure capital investment significantly overweight the first quarter of 2015, liquidity also improved, these are good news.

HAO Fei ACCA Executive Director Strategy & Development, said: "Global have become accustomed to the rapid growth of the Chinese economy, so these figures will be surprised but it does demonstrate that the Chinese economy is undergoing a rebalancing service will China's economy. play a greater role in the continued prosperity. "

From a global perspective, signs of economic recovery is also very obvious, senior finance professionals have two consecutive quarters showing signs of economic recovery have emerged.

Although the survey shows that CFOs confidence at its highest value since 2011, but the economy is still in the recovery process is still being. For example, the survey shows that, although capital expenditure and infrastructure investment to fall, but the investment on a global scale to corporate human resources in growth, employment and new orders also have a number of signs of growth.

Respondents reported overdue payment problems have been alleviated, supplier or customer insolvency concerns are reduced.

The survey also showed that, compared with small companies, large companies more pessimistic CFO. This may be because a higher degree of international companies, and therefore more susceptible to various markets uneven economic recovery and economic performance. Vice "Chinese and US business confidence is gradually restored the commercial sector, but the British business confidence three consecutive quarters of negative growth from the current situation, full recovery from the global economy is still some way to go," IMA is responsible for research and policy Sharif, President - Dr. Lawson (CMA, CPA), said: "the process of restoration of confidence is the most exciting enterprises to increase investment in human resources, which is a key element in achieving future success."

1. With regard to global economic conditions survey

This is the first 23 global economic conditions survey, ACCA and IMA also jointly released the first 12 investigation. During this period, the global economic situation report received extensive attention from the international, national and local media reported that a total of more than 6500 respondents database accumulated over 4.2 million people. ACCA and IMA in July 2014 report on the global economic situation, summarize the last five years are summarized, issued a "five-year review of global economic recovery."

2. About ACCA

ACCA (Association of Chartered Certified Accountants) is an international organization of professional accountants the world's largest, is the world's aspiring professionals engaged in finance, accounting and management areas only provide the preferred qualifications.

We offer 180 countries worldwide 170,000 members and 436,000 students were supported from the skill needs of employers to provide quality services for the development of members and students. ACCA worldwide through 92 offices and centers and more than 8,500 accredited employers worldwide to provide high standard services for the learning and development of employees.

ACCA since 1904 inception, has been adhering to the unique core values that opportunity, diversity, innovation, integrity and responsibility. We are convinced that accountants can create value at every stage of economic development. Accountants ACCA is committed to developing the expertise to support the adoption of a unified international standards. Our values and all walks of life consistent with the employer, and are confident that, ACCA training to be able to add value to the enterprise accountant. ACCA make ambitious people from different backgrounds have the opportunity to enter the accounting profession, and innovation, revise and promote our professional qualifications to meet the diverse needs of students and employers.

3. About IMA

IMA was founded in 1919, is the leading international accounting organization and management. As the world's largest and most respected professional accountant associations, IMA is committed to promoting the development of the management accounting profession. Globally, IMA through research, CMA certification, continuing education, social networking and advocate the highest ethical standards and other ways for internal accounting and financial provision of services. IMA has more than 75,000 members, more than 300 professional chapters and student chapters in 140 countries, and provides local service in the United States, New Jersey by Montreal Vail, Sweden, Zurich, Dubai and offices in Beijing, China, China, membership of nearly 14,000.

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