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1、China CFO Agenda 20242China CFO Agenda 2024Norman SzeVice ChairLeading Partner of CFO ProgramDeloitte ChinaTo CFOsFollowing the release of economic data in the first half of 2024,Chinas economy is gradually recovering and showing signs of stabilization,and the GDP growth target of around 5%for the w
2、hole year is indeed within reach.However,complexities and uncertainties of external environment still persist,as indicated by looming protectionism.Businesses face a complex macro environment,while responding to the long-term implications of social changes and technological iterations.The role of th
3、e Chief Financial Officer(CFO)has evolved beyond the traditional financial responsibilities such as meeting regulatory deadlines,managing accounting controls,and overseeing cash and working capital.Today,CFOs are expected to step beyond the finance department and navigate complex,interconnected issu
4、es arising from macro factors like capital markets,geopolitics,demographics,technology,and the environment.However,the job has become increasingly complex,increasingly intricate.One big reason:convergence.Convergence in technology,yes.But theres a more complex kind of convergence at play here.To be
5、effective,the CFO may need to accelerate the pace of his orher own transformation,looking beyond the finance department and taking on the dual responsibilities of functional leader and business leader to identify and create value.The CFO Agenda is a thought leadership piece that provides insights in
6、to the key challenges,opportunities,and focuses for CFOs.This report is based on Deloittes extensive research and survey data,focusing on priorities of CFOs,their role in the organization,and the future of finance in a rapidly evolving business landscape.We hope that finance executives and their col