PricewaterhouseCoopers to double headcount in China

The firm plans to increase its headcount in China to more than 20,000 to meet the increasing demand for professional services in the fast-growing economy.

PricewaterhouseCoopers PwC plans to double the number of people working in its China operations. The firm will hire 10,000 people within the next five years to meet the growing demand for professional services in the country, it said yesterday.

The new hiring will focus on advisory professionals as PwC sees strong growth opportunities for its advisory arm. PwC has professionals in mainland China and Hong Kong offering advisory and consulting services in areas such as mergers and acquisitions, financial due diligence, corporate finance and restructuring. It currently has more than 10,000 people of which 407 are partners, according to the firm.

“At PwC, we want to grow with...

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