PwC has appointed 29 partners in mainland
China, 14 in Hong Kong and 12 partners across Singapore and

Almost half of the new appointments are
joining the firm’s assurance practice.

PwC Asia Pacific human capital leader Nora Wu
said the firm is making significant investments to develop its
human resources in China.

“A great majority of our newly appointed
partners are from mainland China. This reflects PwC’s ongoing
commitment to building a practice that both understands and can
serve the needs of the China market,” Nora Wu remarked.

In May the Chinese Ministry of Finance ordered
Chinese Big Four firms to restructure in order to place control of
large firms into the hands of Chinese and ensure voting rights
are dominated by Chinese-qualified CPAs.

PwC has 690 partners across its offices in
China, Hong Kong, Singapore and Taiwan.

PwC also said it plans to recruit 2,800
graduates in the coming months in the region.