The following report is an international Agent Selection prepared by Devott Co. Ltd. from China.
Devott Co. is the primary consulting company focused on the offshore service outsourcing industry of China. Also we advise services for overseas suppliers want to expand to China.
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Value Proposition canvas- Customer needs and pains
Agent Selection
1. IF YOU ARE NOT IN CHINA YOU ARE NOT IN THE GAME! International Agent Selection
2. T he “big market”with a population of 1.3 billion people. A deep and economic reform gives way to new business opportunities. C hina’s cost are typically 20-30% lower than India. I s the fastest growing economy in the world at a 10% rate annually. A technological stronghold in the country can in time become a beachhead for future expanded business development. T he university system is projected to produce 5m graduates by year. T he rapid urbanisation will be continue for the next years. ABOUT CHINA
3. M ore than 27,000 projects from foreigns countries worked in 2008. M ore than 640,000 foreign- financed enterprises has approved in China. S ince 1992, total 14 border and economic cooperation zones have received approval from the State Council of China. A t the end of 2008 has been approved 16 cities and 4 demonstration zones in 4 groups as the base cities for China ‘s service outsourcing industry. T housands of chain’s stores and franchises are growing by year. T he philosophy of outsourcing service has been deeply popularized between companies. C hina will be the “port”of the global economy. Multinational corporations, would take China as an important operation and delivery center. BUSINESS IN CHINA
4. China's accession to the WTO in 2001 and the success of Beijing's holding for the 2008 Olympic Games has boosted China's economic reforms drive and has opened a huge market to the world. Many economists speculate that China could become the world's largest economy at some point in the near future. The China market offers both foreign and domestic companies and strong potential for growth for the short and long terms. SOURCING OUT China’ s outsourcing industry has become increasingly dispersed regionally. Due to the cost increase in primary cities such as Beijing, Shanghai, Guangzhou, and Shenzhen, service providers are moving their operations to 2-tier cities. At present, all major offshore outsourcing service providers in China have established themselves in cities such as Nanjing, Xian, Chengdu, Chongqing, and Wuhan, which has somewhat alleviated the pressure of rising salaries. This tendency is likely to grow in the years ahead. At the moment, China’ s outsourcing market is still centered in Beijing, Shanghai, and Guangzhou; bridged by the international ports of Dalian and Shenzhen; and supported by Nanjing, Xian, Chengdu, and Wuhan. This year compared with 2007, China’s service outsourcing enterprises have got remarkable improvements in scale, capability and overall amount which would certainly bring the advance of China’s position in the global outsourcing industry, and further promote the growth of the whole industry.