The first Cross-Straits Service Outsource Cooperation Forum was held in Wuxi,Jiangsu

Province on September 18,2009, which could attract a further 200 representatives.

The service sector is the pillar industry in Taiwan, accounting for over 70 percent

of the island’s total GDP.

With the trend of the manufacturing industry now transferring from Taiwan to the

Chinese mainland, the service industry in Taiwan is also actively seeking

opportunities to cooperate with their peers on the Chinese mainland.

As a city, Wuxi is aiming to become one of the largest service-outsourcing bases in

the world.

Amid the economic downturn the service outsourcing business in the city remained

robust. In the first seven months, the total contract amount reached about $1.14

billon, up 110 percent year-on-year.

So far, Wuxi has lured about 22 investment projects from the top 100 service

outsourcing companies in the world and top 50 industry heavyweights in the country.

As for the top 10 industry heavyweights in the country, half have set up headquarters

in Wuxi.

According to the local governments’ development plan, Wuxi intends to increase the

total revenue of the service outsourcing industry from $30 billion to $40 billon by

2020, with over 1 million people employed.