Looking at our market is a flood of foreign investment as the paradise of investment, looking at the “MADEINCHINA” (made in China) with fine goods sold in the world, in addition to pride and pride, we will also think of what?

With a huge market, cheap labor, flexible policies, China is becoming a major emerging outsourcing market for international projects at the right time and place. Industry experts believe that there is still a large gap between the overall strength and level of domestic manufacturing industry and developed countries. In recent years, with the development of economic globalization, some manufacturing industries in developed countries and regions have been further transferred to China, but a large number of imported materials are processed, and the technology content is not high.

EMERSON A6410

What is international project outsourcing?

As early as the 1980s, the international project outsourcing model with the core concept of “do what you do best and let others do the rest” was widely accepted by enterprises in Europe and the United States and other developed countries. The annual growth rate of about 20%, this year is expected to have a size of 5.1 trillion dollars, by 2010 will be 20 trillion dollars market, this is the international project outsourcing market. How many opportunities are there for Chinese companies in this market?

EMERSON A6410

Project outsourcing means that an enterprise hands over one or several links of its operation to other enterprises, while the enterprise itself focuses on the most core competitiveness of the business. Outsourcing today is no longer a byproduct of the need to cut costs, but an important part of an organization’s strategy. Economic globalization has accelerated the rapid expansion of international project outsourcing market in recent years, which has formed a large scale market. Under the condition of global economic integration, the division of labor of enterprises mostly appears in the form of project outsourcing. International project outsourcing has been widely used by telecommunication, IT, electricity, construction, petrochemical, pharmaceutical, textile, automobile, aerospace, aviation, agriculture, retail, finance, insurance, accounting, human resources and government management departments.

EMERSON A6410

Due to the decline of the world economy after 9/11 and the turbulence of the international situation, international project outsourcing has become a better choice for investors from the United States and other countries, while China’s relative risk is relatively small at this time. The performance of China’s economy in the first five months of this year shows that China’s economy is still growing on a high-speed platform, and the Chinese market is becoming the most powerful “magnetic field” in the global economy. Has attracted the attention of international giants. According to statistics, nearly 400 of the Fortune 500 companies have expanded their production networks to China, which increases the opportunities for domestic enterprises in the field of manufacturing outsourcing. It is also a favorable opportunity for China to become the “manufacturing factory of the world”.

At the same time, due to the construction of the Olympic Games, information technology, western development and other projects, China itself is likely to become one of the largest project outsourcing bases in the world. Therefore, Mike Cabot, the “first international project outsourcing”, has high hopes for the Chinese market. After an investigation of the Chinese market in 2002, he believes that China has enough capacity. Capable of both providing and receiving outsourcing work, China will become a major emerging outsourcing market for international projects.