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"Employer brand has become one key element when the younger generation chooses who to work for. It also makes enterprises pay more attention to team leaders with an easygoing and empathetic character and good communication skills," said Sun Qun, executive vice-president of Zhaopin.com.

"Cutting taxes when the (US) economy is seeing full employment is likely to suck in more imports to satisfy some of the extra demand. The (US) trade deficit is already running at a 10-year high (and half of that is with the Chinese mainland) and is set to increase. The risk of trade friction seems likely to intensify in the coming year," cautioned Richard Jerram, chief economist at Bank of Singapore — the private banking arm of OCBC Bank.

"Embroidery skills have opened a door to wealth for us," the 50-year-old says.

"Fewer people know us there and we are more likely to have a normal college life," he said.

"Expanding imports is an inevitable requirement for the balanced development of foreign trade," Wang added. "A comparative competitive edge is the foundation of international trade and the origin of benefits from international trade. Overemphasizing on exports may guarantee increased foreign exchange reserves, but it doesn't mean a better life and prosperity for ordinary people."