Services outsourcing sector to grow 40% annually
Updated: 2013-01-08 16:45
By Li Jiabao (chinadaily.com.cn)
|
|||||||||||
The value of China's services outsourcing sector will grow about 40 percent annually in the 12th Five-Year Plan (2011-15) period to $85 billion by the end of 2015, the Ministry of Commerce and the National Development and Reform Commission said.
The figure will account for about 28 percent of China's services export value.
The two bodies recently issued the 2011-15 guidelines for China's services outsourcing sector, the first specialized guidelines for the sector, according to an announcement on the website of the Ministry of Commerce on Saturday.
Cultural and creative industries, trade, logistics, healthcare and public services will be the key areas for future development.
China's services outsourcing rose 65 percent year-on-year to $23.83 billion in 2011, representing about 23.2 percent of global services outsourcing that year. The country is now the world's second-largest provider of services outsourcing and the value in 2012 will reach $33 billion, up more than 40 percent year-on-year, according to the Ministry of Commerce.
Related Stories
Nation to increase supportive, targeted policies for large service outsourcing firms 2013-01-04 07:57
Legislators review labor law revision on regulating outsourcing 2012-12-25 03:36
Outsourcing companies merge 2012-11-13 14:19
Outsourcing to gain boost from domestic demand 2012-11-01 14:11
Outsourcing to gain boost from domestic demand 2012-11-01 14:11
Outsourcing terminology 2012-08-24 10:21
Today's Top News
President Xi confident in recovery from quake
H7N9 update: 104 cases, 21 deaths
Telecom workers restore links
Coal mine blast kills 18 in Jilin
Intl scholarship puts China on the map
More bird flu patients discharged
Gold loses sheen, but still a safe bet
US 'turns blind eye to human rights'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
All-out efforts to save lives |
Liaoning: China's oceangoing giant |
Poultry industry under pressure |
'Spring' in the air for NGOs? |
Boy set to drive Chinese golf |
Latest technology gets people talking |