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China Promises to Open More Accounting Market

  China will strengthen cooperation with the international community in the field of Accounting, said Zhang Youcai, vice-minister of the Ministry of Finance.

  Zhang emphasized four "in favor of " when talking about principles of opening its accounting market.

  1. In favor of the training of Chinese certified accountants.

  2. In favor of the development of Chinese accounting firms.

  3. In favor of the full exploitation of China's accounting market.

  4. In favor of improving China's overall level in the international accounting community.

Economicnews 1999-07-12 Page6

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