IT Outsourcing China Details
According to latest statistics released by Ministry of Commerce, China, its service outsourcing market is growing fast. The report by the Chinese authorities claims that China is the second most popular service outsourcing destination after India.
As per the report, the value of international service outsourcing contracts undertaken by the Chinese outsourcing companies is $22.35 billion from January to July this year. The growth rate of services exports is estimated to be 40.1% which is higher compared to goods exported. The growth rate of exports market is estimated only to be around 7.8% for the same period.
Chinese services outsourcing market accounts for 28.7 % of the global market. According to industry experts, the market will grow this year to acquire 30% of the global services outsourcing market. The government of China is leaving no tables unturned to promote the industry in the global outsourcing market. The authorities are investing largely in the industry to tap the opportunities in the international outsourcing market.According to the Chinese Service Outsourcing Development Report 2012, published by the Ministry of Commerce, the demand for Chinese ITO in next five years will increase by 38% yoy basis, with an annual value of $8 billion. Many Chinese based manufacturing companies including Huawei Technologies and Lenovo Group Ltd are largely investing in the country’s service outsourcing market eyeing the growing demand for IT outsourcing.
According to latest statistics released by Ministry of Commerce, China, its service outsourcing market is growing fast. The report by the Chinese authorities claims that China is the second most popular service outsourcing destination after India.
As per the report, the value of international service outsourcing contracts undertaken by the Chinese outsourcing companies is $22.35 billion from January to July this year. The growth rate of services exports is estimated to be 40.1% which is higher compared to goods exported. The growth rate of exports market is estimated only to be around 7.8% for the same period.
Chinese services outsourcing market accounts for 28.7 % of the global market. According to industry experts, the market will grow this year to acquire 30% of the global services outsourcing market. The government of China is leaving no tables unturned to promote the industry in the global outsourcing market. The authorities are investing largely in the industry to tap the opportunities in the international outsourcing market.According to the Chinese Service Outsourcing Development Report 2012, published by the Ministry of Commerce, the demand for Chinese ITO in next five years will increase by 38% yoy basis, with an annual value of $8 billion. Many Chinese based manufacturing companies including Huawei Technologies and Lenovo Group Ltd are largely investing in the country’s service outsourcing market eyeing the growing demand for IT outsourcing.
IT Outsourcing China
IT Outsourcing China
IT Outsourcing China
IT Outsourcing China
IT Outsourcing China
IT Outsourcing China
IT Outsourcing China
IT Outsourcing China
IT Outsourcing China
IT Outsourcing China
IT Outsourcing China
IT Outsourcing China
IT Outsourcing China
IT Outsourcing China
IT Outsourcing China
IT Outsourcing China
IT Outsourcing China
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