Firms in China see economic outlook bright

Updated 2017-08-30 09:56:08 Shanghai Daily

Employers in China are more confident about the country's economic outlook and place greater importance to global coordination, human resource consultancy Aon Hewitt said in a survey yesterday.

The survey, covering more than 130 companies, found 77 percent of the respondents hold a positive outlook for the Chinese market and will prioritize fast growth in their companies' development, up from 40 percent last year.

Nearly 40 percent of the respondents considered global coordination to be important in their companies' business, up from 16 percent last year, the survey said.

Peter Zhang, global partner and China CEO of Aon Hewitt, said the human resource market this year is characterized by an economic recovery, growth in new industries, emergence of young employees as a main force, and overseas expansion of Chinese companies.

"Companies in consumer services and health care sectors this year have been especially successful in lifting competitiveness through innovation in services and products," Zhang said. "Chinese companies have also presented a new image in the international market with investment in new technology and multi-cultural management system."

The consultancy yesterday awarded 14 companies, including AIA China, McDonald, Starbucks, MSD, Norvatis, Taikang Pension Insurance as best employer of the year.

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