Report by CICPA on China's Development of Trade in Services - the accounting profession

China's rapid development and economic growth has sparked a large demand for accounting and audit services over the past decade. While the Chinese accounting profession is growing by leaps and bounds, the government attaches great importance to drive the profession towards internationalisation. The recent experience shows that the progress so far has been impressive.

On 20January, 2012, the Chinese Institute of Certified Public Accountants (CICPA) published a report on China's Development of trade in services - the accounting profession covering the period from July 2010 to July 2011. The report highlights the significant growth of China's accounting sector in relation to internationalisation.

The achievement of Reanda International was endorsed in the report, including network firm's growing size, combined revenue, and the 20place in the ranking amongst the leading international accounting networks in 2011.

With the Chinese accounting profession growing on the back of the government's directives on "Be Big and Be Strong" and "Going International", Reanda International, being the first China-branded accounting network, will continue to facilitate the growing of the industry, while at the same time assisting its member firms from the globe to develop and grow.