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Guangzhou Service Outsourcing Forum: 10 Investment Projects Signed at the Scene

Yesterday afternoon, the Guangzhou Municipal Bureau of Foreign Trade and Economic Cooperation held a "Seminar in Guangzhou and Services Outsourcing 2008 Guangzhou Foreign Trade Reception Association," Chen Mingde, vice mayor of Guangzhou City to attend the General Assembly and gave a speech. More than 300 multinational service providers and officials of the relevant departments attended the meeting.

In his speech, Chen Mingde said, the Guangzhou Municipal Government will continue to emancipate the mind, reform and opening up, attaches great importance to developing outsourcing services mainly to trade in services, seize the current opportunity for the international adjustment of the industrial structure, centering on the "China Services Outsourcing Base City "construction, step up introduction of Guangzhou City to promote a number of the development of outsourcing services, strive to create a period of five years, Guangzhou will become China's largest domestic leading level in South China, the world-renowned international service outsourcing center.

It is learnt that the seminar also signed a number of software outsourcing, animation design, and other fields of high-quality investment projects, including the first phase investment of 25 million US dollars in Nansha IT Park service outsourcing demonstration area two construction projects etc.

Chen Mingde, vice mayor of Guangzhou City said in a speech that it will speed up the introduction of Guangzhou City to promote a number of the development of outsourcing services, the establishment of special funds to guide and promote trade in services take Guangzhou International Development of roads, strive to create a period of five years, Guangzhou will be the largest and leading domestic level in South China, and the world-renowned international service outsourcing center. Guangzhou will spend the next annual funding of at least 200 million Yuan to promote the development of outsourcing services, identified 30 priority services outsourcing companies, support enterprises bigger and stronger. Chen Mingde, Guangzhou also speeding up the building of outsourcing services team will work hard to 2010, the establishment of the European 10000 software outsourcing team, and cultivate more than 5,000 people in its software outsourcing team.

Seminar at the scene involving the signing of a number of software outsourcing, animation design, exhibition business, financial services and other areas of high-quality investment projects, including the first phase investment of 25 million US dollars in Nansha IT Park, with an investment of 10 million US dollars Xinhua software outsourcing Limited and the South ExigenGroup (USA) software services outsourcing project, with an investment of 15 million US dollars of products, such as Performance Test Center. It is understood that after five companies, such as Amway, Longsuo were identified as China headquarters, there are still a number of multinational corporations are also being reported. Foreign investment services nearly doubled the speed of growth, a larger scale than the manufacturing sector.

Yesterday, the participators of the forum were from the Hong Kong Special Administrative Region GDETO top foreign Consul General of the Chinese Consulate General in Guangzhou, and related business consular officials in Guangzhou Chamber of Commerce, and related financial institutions, transnational corporations and domestic and international service outsourcing high-level areas relevant experts and scholars, undertake in the service contract and the representatives of enterprises, nearly 300 people attended the forum.

Log interpretation: services outsourcing

Outsourcing refers to the IT architecture and systems development, application management, optimization of business processes, such as their business needs through outsourcing by a third party (i.e. outsourcing services provider) to complete in order to concentrate on their core business, and they can achieve better economic activities. The buyers can be the enterprise or government and community organizations; they can provide its services to the domestic market, the host country market or third-party market.

 
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