China closing on 30% market share in global services outsourcing

China gains in outsourcing. Image source unions.org

According to latest statistics released by Ministry of Commerce, China, its service outsourcing market is growing fast. The report by the Chinese authorities claims that China is the second most popular service outsourcing destination after India. As per the report, the value of international service outsourcing contracts undertaken by the Chinese outsourcing companies is $22.35 […]

China’s IT outsourcing sector grows by 40% in 2011

March 1, 2012: The statistics published by the Chinese Ministry of Industry and Information Technology shows that the Chinese Information Technology outsourcing sector has grown at 40 per cent during 2011 to reach USD 60 billion. The statistics also indicate that the combined Information Technology services and software industry, which consists of the internal market […]