Why China

As the emerging force of global IT Outsourcing industry in the past few years, "China Outsourcing" has made remarkable progress. China had to be predicted take the first rank above India for development of global outsourcing business in2015. This is the message of making China a “must go to” destination for buyers and business seeking to outsource IT services and BPO. There are a number of factors to support your decision of outsourcing to China. Of course the reasons will differ with each company's business situation and needs, and it is imperative to think through your organization's goals and motivations when developing an appropriate strategy.

A few of the countless motivating forces which have caused global companies to turn to China for their global resourcing strategy are as follows:

 Support From Local Government
China’s Government is resilience, commitment and rapid response towards recovery achieved international recognition for its transparency, decisiveness and efficiency.

 Access Fastest Growing Economy
China is now the 2nd largest economy country in the world and continues to grow at a 10% rate annually. The economy grew at its fastest pace for ten years in 2000, adding 10.2% to GDP with forecasts to add 10.2% in 2007.

 Market Opportunity
Establish a presence in the domestic Chinese market. Technical resources in-country can serve as an effective beachhead for future business development activities.

 Cost Advantages
China's costs are typically 20-30% lower than India and much more resistant to the kind of wage inflation that India is experiencing.

 Resource Availability
China university systems expected 5m graduates in 2006 up from only 3.5m in 2003. Graduates more than doubled in the past ten years.

 Geo-Political Diversification
Spreading offshore activities across different countries protects you from unexpected changes in politics, business/currency conditions or other changes.

 Vendor Diversification
Maintain more control, foster competition and spur performance by working with more than one outsourcing vendor. Having more than one choice also means you can respond and scale more quickly and gives you the flexibility of selecting the best vendor for each job.

 Language Ability
As services are increasingly globalised and transferred across the globe, the importance of localizing services to meet local expectations is also on the rise. With a multi-ethnic population, China is well placed to serve as a hub to the world-wide region, providing multi-language support such as English, Japanese.