The Development of Service Outsourcing Industry in Zhejiang Province during the Q1 of 2015
Source: www.zcom.gov.cn View: 238 Date: 2015-04-29

In the first quarter of 2015, the offshore contract amount of Zhejiang province is $ 1.617 billion, which up 46.62% year on year. By the end of March, 3,759 companies from Zhejiang province that had registered in the management and statistic system of service outsourcing business of the ministry of commerce; and 35 companies of them are new added.

From the condition of the classification of industrial structure, for the offshore service outsourcing contracts in first quarter (2015), the implementation amount of embedded software contract is $ 600 million, which accounting for 37.09% of total implementation amount; the implementation value of financial outsourcing contract is $ 537 million, which accounting for 33.19% of total implementation amount; the implementation amount of research & development, culture & cartoons and biological & medical accounting for 6.86%, 3.24%, and 1.66% of the total implementation amount respectively.

From the condition of the market distribution, the implementation amount of service outsourcing contract coming from the USA market is $566 million, which accounting for 35.02% of total amount in Zhejiang province; the implementation amount of service outsourcing contract coming from Japan market is $216 million, which accounting for 13.38% of the total amount in Zhejiang province; the implementation amount of service outsourcing contract coming from Finland market is $115 million, which accounting for 7.08% of the total amount in Zhejiang province; the implementation amount of service outsourcing contract coming from HongKong (China) market is $102 million, which accounting for 6.29% of the total amount in Zhejiang province; and then in turn are Cambodia, India, the UK and Germany.

From the main structure, the number of companies that implemented the offshore service outsourcing contracts is 421. There are 46 service outsourcing enterprises that have more than $ 5 million of offshore implementation amount, and the total implementation amount of them is $ 1.323 billion, which accounting for 81.8% of the total offshore service outsourcing contract amount in Zhejiang province. There are 23 service outsourcing companies that have more than $ 10 million offshore implementation amount, and the offshore implementation amount of them is $ 1.162 billion, which accounting for 71.86 % of total amount in whole province.

Devott Publications
The Selection of the TOP Global Outsourcing Destinations – China TOP 15 (TGOD China TOP 15) Ended and Its Rankings and Research Reports are Now Available Worldwide