In an online survey of around 500 finance and business professionals, conducted for this report, 79% of them expressed the view that businesses will adapt to the changes engendered by the China Pakistan Economic Corridor (CPEC) and such adaptations will be made in the business plans of organisations in Pakistan within one to five years.
In order to deal with the imminent changes, finance professionals need to
equip themselves with the key skills of effective communication, better use of business analytics, knowledge of the relevant taxation structure and strong leadership.
Around 86% of survey respondents agreed that they should attend short courses on business, Chinese language and culture.
Following the increase in Chinese investments in Pakistan, professionals in
accountancy can explore providing a one-stop-shop solution to investors,
from registration of a company to accountancy and tax advisory services.