Chinese economyresearch report

China’s service outsourcing development report in 2019 From Ministry of Commerce

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The following is the China’s service outsourcing development report in 2019 From Ministry of Commerce recommended by recordtrend.com. And this article belongs to the classification: Chinese economy, research report.

According to China’s service outsourcing development report 2019, foreign-invested enterprises have the highest contribution to the growth of service outsourcing industry. In 2019, the execution of service outsourcing undertaken by foreign-invested enterprises increased by 21.3%, 16 percentage points higher than that of domestic enterprises, and 15.9 percentage points higher than that of enterprises invested by Hong Kong, Macao and Taiwan, with a contribution rate of 54.4%. Among them, the execution amount of offshore service outsourcing undertaken by foreign-invested enterprises increased by 14.9%, 10.1 percentage points higher than that of domestic enterprises, and 2 percentage points higher than that of Hong Kong, Macao and Taiwan enterprises, with a contribution rate of 52.8%.

The report shows that domestic enterprises are the main body of undertaking service outsourcing business. With the strong support of national policies and the increasing competitiveness of domestic enterprises, the proportion of domestic enterprises undertaking service outsourcing business has exceeded 50%, becoming the main body of undertaking service outsourcing business.

In 2019, the amount of service outsourcing contracts undertaken by domestic enterprises is US $156.01 billion, accounting for 65.9%; the amount of execution is US $103.68 billion, accounting for 65.3%, of which the amount of offshore execution is US $51.59 billion, accounting for 53.2%. The value of service outsourcing contracts undertaken by enterprises invested by Hong Kong, Macao and Taiwan is US $21.52 billion, accounting for 9.1%; the value of execution is US $14.69 billion, accounting for 9.2%, of which the value of offshore execution is US $11.77 billion, accounting for 12.1%. The amount of service outsourcing contracts undertaken by foreign-invested enterprises was 59.26 billion US dollars, accounting for 25.0%; the execution amount was 40.42 billion US dollars, accounting for 25.4%, of which the offshore execution amount was 33.59 billion US dollars, accounting for 34.7%.

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