Wow...The light effects are pure awesomeness. The colors are great as well and the partial blur...*sweet*
If I may, I'd like to mention some moints that dont to go so well in my opinion: That would be about anatomy. Saying the hand doesnt look as panda-like as I know it from the game or artworks. It's so skinny and has long claws, almost like a worgen hand. Pandas are fat and fluffy, that goes for the hands, too.
On the face I see basically the same problem. I'm really unsure if I would recognize this as a panda /pandaren if it went without title. The face needs to be much rounder, imo. Now that I look at it, the torso loks kinda weird as well. The belt makes him look so slim, while he somehow has this massive chest.
I'm sorry for beeing so negative, but I'm just trying to help. please dont take it personally.