A Emerging Global Service Brand——the Development Report of “Chinese Outsourcing”
Source: China Outsourcing Magazine View: 251 Date: 2014-09-24

Service outsourcing derives from scientific and technological innovation and application and a major field they attention to. It is now applied in every sector in social and economic development and is now one of the icons of economic globalization and a tendency drawing attention in the world. China proactively encourages the service outsourcing industry to develop: At present a coordinated development mechanism oriented to demonstration cities has been set up. Functional industrial parks are established as carriers of numbers of competitive enterprises and preferred by customers all across the world.

In just 7 years Chinese service outsourcing industry has executed a total contract price of $45.41 billion, nearly 30 times more than it was 7 years ago, making China the second largest offshore outsourcing market after India and the gap is narrowing. Meanwhile, domestic outsourcing business is expanding and it contributes well to economic growth, job creation, innovative development and transformation in foreign economic development and has been a new path of overall economic transformation and upgrade.

After over 30 years of reform and open-up, China has grown into a great power in economy and trade with its GDP per capita over $6700, equal to the incomes of middle and high-income countries. Innovation is primary driver for national economy and social transformation and development. In order to participate in cooperation and competition in global economy, also to enhance international statues of industrial divisions, China needs to form comprehensive advantages mainly focusing on service and brand.

Now scientific and technological revolution and industrial transformation are  in the ascendant. “Chinese Outsourcing” will develop advantages in a comprehensive way and utilize them to build a distinctive and internationally competitive industry . “Chinese Outsourcing” will become a brand leading the whole Chinese service industry.

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