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China’s Outsourcing Industry Booms

16 Jun 2014 12:00 AM | Anonymous

China’s outsourcing sector has become a major sector for growth reaching a value of 272 billion dollars in 2013, and representing 2.97 percent of the country’s GDP. Last year the outsourcing industry contributed 0.8 percent of China’s economic growth according to the “2014 Development Report of China’s Outsourcing Brand Development”. The report states that the outsourcing industry employ's 5.36 million directly and a further 17.8 million indirectly. The report also shows a strong growth in KPO and off shore outsourcing business.

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