Of the many near-shore and offshore alternatives, China has the unlimited potential. This was recognized by the Chinese Government five years ago - “Facing the fast growing outsourcing market, China is no longer satisfied being “the center of world manufacturing,” it also wants to a big share of the outsourcing pie. We should pay emphasis on the trend of multinational companies outsourcing its internal services, actively creating the situations, discussing the new methods and expanding into new ways of attracting the foreign investment.” The vice Premier Wu Yi stressed in the Forum of Multinational Companies Investment in China on July 15, 2003. continue reading…
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Category: Why Outsource to China
History
With almost 4,000 years of recorded history, China is one of the world’s most ancient civilizations.
Economy
China’s Economy became a mixed economy after 1978 when the economic reform began. Since then, by utilizing a series of 5 year plans created to tackle a number of economic problems as they arose, the standard of living in China has greatly improved. It is forecasted that by 2030 the Gross National Production of China will be equal to that of the United States.
Agriculture
Because of China’s huge population and landmass, it is one of the world’s foremost agricultural powers. Much of China’s farmlands is suitable for growing many different types of crops, and in the past few years an increased focus has been placed on animal husbandry and mariculture, marine agriculture. China’s chief agricultural products include: Crops–rice, wheat, sweet potatoes, gaoliang (Chinese sorghum), millet, corn (maize), cotton, tobacco, sugarcane, potatoes, soybeans, barley, peanuts, tea. Livestock–cattle, pigs, poultry, sheep. continue reading…
New Delhi: Even though India is increasingly acknowledged for its scientific and technological power, the country has just 110 scientists per one million population and spends a mere $3.53 per capita on research and development in science and technology.
According to information volunteered by Minister of State for Science and Technology Kapil Sibal, India stands last in a list of 14 countries in spending on research and development in science. China, which stands one notch higher, spends $12.15 per capita and has 633 scientists per million - about six times as many as India’s.
The country with the highest spending is Sweden - spending $1,104.20 per capita of its income on research and development. It has 5,171 scientists per one million people. Next is Japan, which spends $976.58 and has 5,085 scientists per one million. continue reading…
China is far outpacing the United States and other countries with the amount of technology savvy graduates each year. These strong resources are flocking to major Chinese outsourcing companies. The overall number of scientists and engineers and other trained professionals has been steadily increasing, and the education pipeline at the tertiary level is filled with literally millions of students entering colleges and universities in recent years.
China is on an explosive trajectory to becoming a knowledge-intensive information society. The country already has the world’s largest base of mobile subscribers – 426 million as of mid-2006 and is expected in 2007 to replace the U.S. as the country with the largest number of Internet users (the number was 123 million as of mid-2006). continue reading…
