Tuesday, March 10, 2009

Why China for Outsourcing?

http://www.daoofoutsourcing.com/wp-content/uploads/2008/12/indian_money1.jpg
Source: Offshore-development.co.uk
By
Betty Zhang
Why China for Outsourcing?

– Large Scale (presenting splendid opportunities for the potential, large domestic markets)
– New emphasis on Education System
– Aggressive plans to broaden English-speaking capabilities
– Up-to-date and growing Infrastructure
– Liberalization of laws, policies and the Government Incentives
– Burgeoning middle class
– Opportunity to be a fast follower by learning from the Indian and other leading countries` experiences, avoiding their mistakes and accelerating progress
– WTO Entry and Oversight
– Large multi-nationals already manufacture in China

Why Chinese Outsourcing Companies?– Diversifying away from existing regions in the world

– Lack of resources and/or high turn over in other countries
– CMM certifications now in process within certain Chinese companies
– Improved corporate governance, risk management and compliance
– Talent pool needed for large projects
– Favorable business environment


Finally, the reality is that the Chinese outsourcing services industry has its challenges, but is also has the devoted interest of a very goal-oriented government that has made one of the fastest growing economies in the world. Blend in China’s many other assets and reality looks quite promising.--from neoIT research of “The China Reality Check” in June 2005.

Author: Betty Zhang from www.shanghai-digital.com
E-mail: nzhang@shanghai-digital.com







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