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People's Daily Online>>China Business

Beijing's offshore outsourcing revenue hits $2.5 billion

By Tu Lufang (Beijing Daily)

13:27, March 28, 2012

Edited and translated by People's Daily Online

Beijing’s offshore outsourcing revenue reached nearly $ 2.5 billion in 2011, up about 60 percent from the previous year, according to statistics from the Beijing Municipal Commission of Commerce and Beijing Association of Sourcing Service (BASS).

Beijing has maintained its leading position in the country in terms of handling outsourced jobs from the United States, Europe, and Japan.

Outsourcing is the process of contracting non-core business fractions to an external professional organization, so as to focus on core business, reduce operation costs, and improve efficiency. There are three basic types of outsourcing: information technology outsourcing, business process outsourcing, and knowledge process outsourcing covering product research and development and industrial design. According to market forecasts, the added value of the outsourcing industry will exceed that of the global manufacturing industry.

As the first city in China to handle outsourced jobs, Beijing launched outsourcing services toward the Japanese and U.S. markets in 1985 and 1992 respectively. The city’s offshore outsourcing revenue has grown 22-fold over the past 10 years.

Qu Lingnian, director of BASS, said that the global offshore outsourcing revenue reached 126 billion U.S. dollars last year, of which India grabbed 70 billion dollars, and China grabbed 13 billion dollars, with 18 percent of the revenue going to Beijing.

According to a ranking by the International Association of Outsourcing Professionals, 10 Chinese companies were listed among the world’s top-100 outsourcing service providers last year, with four of them based in Beijing. They are VanceInfo Technologies ranking 33rd, hiSoft ranking 39th, ChinaSoft International ranking 70th, and CIeNET Technologies ranking 79th.


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