China To Undertake International Service Outsourcing

Service outsourcing industry which can be characterized as knowledge-intensified, high value added, low resource consumption, etc, is a major economic driving force to promote social welfare in industrialization post-industrialization society. The structure of international competition in service outsourcing began to take shape. The competition among vendors has becoming fierce. Therefore, to attract international service outsourcing and develop service trade is an important way to make China become a powerful country in economy and trade.First, we investigate the basic concept, characteristics, classification, driving force and theory of service outsourcing. Second, we summarize the general situation of international service outsourcing market and the driven force of service outsourcing. Then, we discuss the present situation of Chinese service outsourcing market and the effect of receiving service outsourcing. Third, we inquire into the India case, in which we reveal the development and effect of India's service outsourcing industry. We also compare China and India in term of service outsourcing, and find that there are strength and weakness of China in promoting this industry. Fourth, we set forth the corresponding strategies and advice for China to develop its service outsourcing industry.