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 [...]
China so far, has been mainly focusing on hardware development and manufacturing. But, this trend is changing. The government, clients and suppliers are currently discovering and developing China as next outsourcing heaven.
Expert Cyrill Eltschinger says, “China’s rates can undercut India’s rates by 30% average, in many cases even higher. Most Asian-Pacific headquarters across industries are [...]
English teaching and other skill sets:
Over $10 billion was invested in nine universities in China to promote English language and other skill sets.
Increasing telecom density and PC penetration:
China scores over India in these aspects and intends to further increase the gap.
Reduce the bureaucratic red tape:
Effective actions to reduce the bureaucratic red tape. Admittedly, China has [...]
As all we know, China’s economy is widely estimated to have grown in excess of 9% annually for the past 25 years, and is estimated by many to outpace the GDP of the United States within 10 years. It is without doubt that the IT industry will play an important role in China’s development process, [...]
As a result of over a decade of liberalization of trade and many innovations, China has achieved a significant commercial presence on the world stage which has been heightened by accession to the WTO. Today China has positioned itself as the world’s manufacturing center. Across countless industries and sectors it is dominating supply chains. It [...]
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 [...]
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 [...]
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 [...]
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 [...]
The modifier was created for situations when the physician needs to indicate that on the day a procedure or service identified by a CPT code was performed, the patient’s condition required a significant, separately identifiable E/M service above and beyond the other service provided or beyond the usual preoperative and postoperative care associated with the [...]
