CHINA> Figures
|
China's outsourcing industry surges in H1
(chinadaily.com.cn)
Updated: 2009-07-30 14:59 Contract value of China's outsourcing industry rose 32.5 percent to $2.56 billion in the first half of 2009, the Ministry of Commerce (MOC) told a press conference today. There were over 1,400 newly incorporated outsourcing enterprises in the first half, and as many as 297,000 people joined the industry during the same period.
Local governments at different levels provide incentive policies for the outsourcing industry, as it is regarded as a means to switch their economic structure in a hi-tech and service-oriented fashion, instead of relying on labor-intensive industries. The added cost pressure from the global slowdown also drives foreign firms to transfer their non-core businesses to China, Sun added. |