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Investment Opportunities in Guangzhou

Update Date:2018-2-14 12:20:56     Source:www.3737580.com     Views:668

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Information technology outsourcing (ITO), business process outsourcing (BPO) and knowledge process outsourcing (KPO) develop synchronously. In 2008, the revenue of ITO off-shore insourcing in Guangzhou amounted to 210 million USD and that of BPO insourcing amounted to 180 million USD. Meanwhile, KPO with medical & clinical test, research & design as well as animation & game as the focus has developed rapidly.

 

The offshore outsourcing market relies on Hong Kong and develops in Europe and America. According to registration of Guangzhou's enterprises in 2008, 65.2% outsourcing business were from Hong Kong; 14.4% were from the UK; and 6.7% were from the US. 


The four branches—software, finance, telecommunication, and research & development—are increasingly strengthened. In the filed of software design and development, there exist some major enterprises such as Microsoft, IBM, GLTC, Achievo, Sierra Atlantic and Sinosmarts Technology, etc. In the field of financial service, they have undertaken the outsourcing business of 15 international financial institutions, like Hong Kong and Shanghai Banking Corporation (HSBC), Bank of East Asia (BEA) and Bank of America (BOA), etc. In terms of telecommunication service, there exist the enterprise groups such as New Generation, China Mobile Southern Base and Pacific Century Cyberworks (PCCW), etc. which specialize in telecommunication service and operation, server hosting, network operation and management and network value-added service, etc. 210 R&D organizations work with R&D centers and technical service centers of world top 500 enterprises such as IBM, Intel, Thomson, Henkel, Bayer, Dupont and Amway, etc. to form a strong service force.

The service outsourcing promotes Guangzhou's economic and social development effectively. In 2008, there were over 2000 service outsourcing enterprises of all kinds in Guangzhou. According to the registration in the service outsourcing information management system, the revenue in off-shore service outsourcing contracts amounted to 420 million USD. The service outsourcing enterprises recruited 23,000 college graduates in the whole city. The revenue of onshore information outsourcing undertaken by service outsourcing enterprises amounted to 5 billion RMB.


Foreign-owned enterprises and local enterprises develop synchronously. With the number of service outsourcing enterprises from Europe, America and Hong Kong increasing rapidly, they have become the main force to undertake the off-shore service outsourcing business in Guangzhou. Their insourcing revenue takes up over 60% of that in the whole city. The local service outsourcing enterprises also grow fast.

 

The service outsourcing industrial cluster shows development trend. After the 4 service outsourcing demonstration zones were identified, the zones strived to improve hardware and software development environment and unveiled promotion policies, which played a dual role of guide in good environment and preferential policy, and accelerated the agglomeration development of service outsourcing enterprises.


To promote orderly competition and cooperation of internal industries more effectively, in accordance with the "Administrative Measures on Demonstration Zones in Guangzhou—China's Service Outsourcing Base City", Guangzhou will conduct an assessment of the demonstration zones in terms of environment construction, promotion policies, enterprise introduction and business development, etc. on the basis of last phase system. The unqualified demonstration zone will be delisted.

 

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