In the outsourcing field, China is the biggest challenge and the largest threat to India. With the largest population and fastest economic growth, China has at least three strengths in the global outsourcing market: manufacturing-IT and BPO.
The main advantages of China are as follows:
Lower Manpower costs:
The Chinese workers cost about 15 percent less than equally qualified Indians.
Japan Advantage:
China is likely to grow through the Japanese outsourcing route. The advantages that China has are Japan’s s proximity to China, similarity of the languages. India currently offers almost no BPO services in Japan.
Leveraging on the manufacturing image:
Western manufacturing companies have found that outsourcing their manufacturing function to China for their companies’ global operation can be profitable and also of good quality.
Global Connectivity:
Leverage on World-class Infrastructure Second to None China is acknowledged as one of the new leading countries in the world in the deployment of technology - a key driver of BPO.
China is one of the best connected countries in the world, equipped with sea, air and telecommunication links required for business. Global connectivity gives you convenience, control and real-time communication advantages, enabling you to get your business ahead faster and ensuring you keep ahead.
Do Business in a Supportive Environment: With a Stable and Responsive Government, You re Well Backed Up
China’s Government is resilience, commitment and rapid response towards recovery achieved international recognition for its transparency, decisiveness and efficiency.
Get the Quality You Deserve: Choose From a Ready Pool of Skilled Manpower
Outsourcing requires you to trust someone or a group of people, and rely on them to do a good job of your business for you. That means you need more than a service provider - you need a business partner that can help you realize your vision. China’s ready pool of skilled manpower is equipped with strong technical expertise in existing and emerging technologies, and many have extensive domain knowledge across high-end sectors including financial, biotechnology, logistics, healthcare and IT. By employing their services, you can rely on them to undertake ancillary but integral business processes for you, while you concentrate on enhancing the core processes that make your company unique.
Stretch Your Dollar: Benefit from Competitive Business Costs and Added Value
In an Outsourcing Environment, China has a highly competitive cost structure (arguably, with all other qualifiers being achieved, China’s cost advantage would be the “winning” criteria). China has extremely low cost real estate and power. This can be a very attractive to the US companies, which are looking for cost cutting due to the downturn. In comparison with India for example, China’s costs are shown to be 11 percent lower:
We Can Speak Your Language: Leverage on china s Multi-ethnic Population and Language Skills
As services are increasingly globalize and transferred across the globe, the importance of localizing services to meet local expectations is also on the rise. With a multi-ethnic population, China is well placed to serve as a hub to the world-wide region, providing multi-language support such as English and Japanese.
There is Plenty of Choice: If you are looking to outsource your business processes to China, you will find that awide range of BPO service providers are available here.
China’s home-grown BPO companies have also developed a comprehensive range of unique technologies and solutions that have contributed to China’s status as a trusted business hub. With deep domain knowledge and local market insight, local companies have played an integral role in the provision of BPO services to many MNCs who have chosen to locate their IT and business processes in China. They can help you improve the potential of your business. China is BPO ready. Whether you are looking for a BPO partner, a BPO service provider, or to use China as a location to establish your BPO services, China has the necessary infrastructure, expertise and environment to help your business achieve its goals.
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