Department of Commerce of Shandong Province Publishes Service Outsourcing Situation from January to September
Source: www.mofcom.gov.cn View: 250 Date: 2015-10-26

During the period from January to September of 2015, there has been 10088 service outsourcing contracts registered and undertaken in Shandong province, which increasing 27% year-on-year; contract amount is 5.72 billion USD, which increasing 33.6% year-on-year; implementation amount is4.87 billion USD, which increasing 36.9% y-o-y. Among them, there are 8571 offshore service outsourcing contracts, which increasing 36.9 year-on-year; contract amount is 4.73 billion USD, which increasing 23.1%; implementation value is 4.14 billion USD, which increasing 29.3% year-on-yea. It represents some features below:

 1.         Leading Development in Main Cities. From January to September, Jinan, Qingdao, Yantai and Weihai, the four cities keep relatively rapid growth with offshore implementation value of more than hundred million USD, which is 2.01 billion USD, 1.56 billion USD, 290 million USD and 110 million USD respectively accounting for 95.8% of total amount in Fujian province. Jinan High-Tech Industrial Development Zone, Laoshan Area, Tsingtao Economy & Technology Development Area, Yantai Zhifu Qu—the four demonstration bases and five counties such as Jinan Lixia Area, Qingdao Jimo Area, Jinan Zhangqiu Area, Qingdao Chengyang District and Qingdao Jiaozhou Area have offshore implementation amount of more than hundred million USD, which is 770 million USD, 490 million USD, 370 million USD, 160 million USD and 740 million USD, 210 million USD, 190 million USD, 130 million USD and 110 million USD respectively and rapidly increasing year-on-year. Qingdao Jimo Area and Jinan Zhangqiu Area reach double increasing.

2.         Good Growth in European, American and Asian Market. From January to September, implementation value of offshore service outsourcing undertaken from Asia, Europe and North America by Shandong province are 2.23 billion USD, 690 million USD and 650 million USD, which increasing 22.7%, 118.7% and 49.8% year-on-year respectively. Asian market is the largest market of outsourcing business in Shandong province; and Japan, Korea, HK and Singapore—the four countries and locations are main business sources with implementation amount of 390 million USD, 240 million USD, 230 million USD and 230 million USD respectively; total implementation amount from Europe market has firstly beyond North American market and achieved double growth, which increasing 118.7% year-on-year; among them, implementation amount of Germany and UK has been more than hundred million USD with 110 million USD and 100 million USD respectively which have rapid growth year-on-year. USA has become the first one outsourcing business source for Shandong Province with implementation amount of 490 million USD, which increasing 24.5% year-on-year.

3.         Three Main Kinds of Business have Synchronous Growth. In the first nine months, the value of ITO offshore contracts undertaken by Shandong province is 1.64 billion USD, which increasing 39.2% year-on-year; implementation value is 1.4 billion USD, which increasing 34% year-on-year and accounting for 33.8% of total amount of three main kinds of businesses. The amount of BPO offshore contract is 390 million USD, which increasing 11.8% year-on-year; implementation amount is 330 million USD, which increasing 15.9% y-o-y and accounting for 8% of total amount of three main kinds of business. The amount of KPO offshore contract is 2.7 billion USD, which increasing 16.6% year-on-year; implementation value is 2.41 billion USD, which increasing 28.6% y-o-y and accounting for 58.2%of total amount of three main kinds of business.

4.         Onshore Business Has Double Development. From January to September, there are 1517 service outsourcing contracts in Shandong province, which increasing 75.4% year-on-year; the contract amount is 990 million USD; implementation value is 730 million USD, which increasing 105.6% year-on-year. The implementation value of ITO and KPO are 450 million USD and 210 million USD respectively, which increasing 164.8% and 79.8% respectively.

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