Archive for November, 2008

China Software Export Reaches $12B in 10 Months of 2008, a 51% Yera over Year Gowth

Sunday, November 30th, 2008

According to Chinese Ministry of Industry and Information Technology (MIIT), Chinese software export reaches 11.7B U.S. dollars in the first 10 months of 2008, up 51.3% from the same period of 2007; including 1B U.S. dollars outsourcing services revenue, up 47.2% . In the face of adverse international economic and financial ...

China Offshore Outsourcing: CIO’s Just Gotta Be There Syndrome

Thursday, November 27th, 2008

According to recent article by Mary Hayes Weier, China is like no other country on the offshore outsourcing landscape. It has a rapidly growing base of low-cost IT pros, but other dynamics also dominate the picture. With economic growth of more than 10% a year for the past 30 years, China's ...

Hangzhou Software Park: An Outsourcing Base in Paradise

Saturday, November 22nd, 2008

Hangzhou software park, a 80,000 square meter national outsourcing base, is located in the High-Tech Zone in downtown Hangzhou. To date, more than 1,200 software enterprises have settled in the area, including one of China’s homegrown stars-  Alibaba, the world’s largest B2B internet marketplace. The city of Hangzhou, built around the ...

China’s Q3 IT Offshore Outsourcing up 20%

Tuesday, November 18th, 2008

The market size of China's software offshore outsourcing sector reached 4.53 billion yuan (US$663.65 million) in the quarter ended in September, up 19.53 per cent on year and 8.79 per cent on quarter versus last year's numbers. Japan was still the biggest contracting market and maintained a stable contract volume to China, ...

Beijing Software Park: An Olympic Outsourcing Base in China

Monday, November 10th, 2008

The 29th Olympic games go down in history as a showcase of some of the greatest performances ever seen, from Michael Phelps' record-breaking eight gold medals in swimming to Usain Bolt's numerous world records in track. As the host city to these memorable games, Beijing also showcased itself this summer as ...

China Announces a Four Trillion Yuan ($586B) Stimulus Package

Monday, November 10th, 2008

China announced a stimulus package during the weekend that will pour more than half a trillion dollars into its economy. The package calls for tax cuts and increased spending corresponding to about 7% of China's gross domestic product over the next two years. The package comes amid rapidly worsening predictions for ...

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