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"China's reputation as a global technology superpower has led to consistent job opportunities. Leading the employment activities are the entrance and expansion of firms in the large telecommunications, manufacturing, industrial, retail and artificial intelligence spaces," said Mark Tibbatts, managing director, Michael Page Greater China.

"Consumers nowadays have become increasingly sophisticated and therefore look for value before paying a premium price," Li said.

"Coupa is focusing on building a platform to enable companies to spend smarter. On the other side, KPMG focuses on implementation services. And we have a deep understanding of the industry-related business process and procurement processes globally, but also in China", said Michael Seitz, a partner at KPMG China.

"Cutting fees is just as important as cutting taxes. But because there is a lot of flexibility with fees, some companies may work on finding loopholes to help them avoid paying. Yet by doing so they are also paying the cost of taking a risk," he said.

"China's manufacturing remains in the trend of stable expansion," said Zhao Qinghe, an official of the NBS, in a statement.