The international influence of "China service" brand continues to increase. Data from the Ministry of Commerce showed that in the first half of 2021, Chinese enterprises undertook 879.3 billion yuan of service outsourcing contracts and executed 564.8 billion yuan, up 29.4 percent and 25.5 percent year-on-year, respectively. Among them, the value of offshore service outsourcing contracts was 494.4 billion yuan, and the value of execution was 328 billion yuan, up 22.4% and 22.5% year on year respectively. According to experts surveyed, China's service outsourcing industry is facing a new trend.

Service outsourcing refers to the outsourcing of non-core businesses in the value chain to professional service providers. Offshore service outsourcing means that the service outsourcers and suppliers come from different countries, and the outsourcing work is completed across borders. Through international cooperation, enterprises can reduce production costs and effectively enhance their comprehensive competitiveness.

Ccpit expert committee, the central university of finance and economics, dean of the school of international economy and trade, a large bay area of guangdong institute of the open economy xiao-tao zhang, director of the development research center, in an interview with the China trade news reporter said that since the new century, service outsourcing industry experience high speed expansion and quality and stage of development, constantly optimize the business structure, Entering a new stage of high-quality development. With the rapid development of service outsourcing in China, it has become the main way to realize the export of productive services, and its position in the global value chain is constantly improving.

According to the head of the Service trade Department of the Ministry of Commerce, China's service outsourcing development in the first half of the year is stable and positive.

First, the rapid growth of emerging digital services and knowledge-intensive service outsourcing. In the first half of this year, China's enterprises undertaking offshore information technology outsourcing (ITO), business process outsourcing (BPO) and knowledge process outsourcing (KPO) were 148.1 billion yuan, 54.5 billion yuan and 125.5 billion yuan, respectively, up 26.5%, 15.5% and 21.2% year-on-year. The demand for online business increased significantly, especially the growth rate of offshore information technology outsourcing was 23 percentage points higher than the same period last year.

2) Demonstration cities continued to play a stronger role in driving growth, and growth in the central and western regions accelerated. In the first half of this year, 31 national service outsourcing demonstration cities undertook 407.7 billion yuan of offshore service outsourcing contracts, and executed 275.7 billion yuan, up 18.7% and 19.5% respectively, accounting for 82.5% and 84.0% of the national total. At the same time, the execution of offshore service outsourcing contracts in the central and western regions reached 21.8 billion yuan, up 32.9% year on year, 10.4 percentage points higher than the national growth rate.

Third, the international market pattern is basically stable, and service outsourcing by countries along the Belt and Road has grown rapidly. In the first half of this year, the United States, Hong Kong and The European Union are still the top three markets in China. The execution amount of offshore service outsourcing undertaken by Chinese enterprises is 68.4 billion yuan, 62.7 billion yuan and 40.8 billion yuan respectively, accounting for 52.4% of the execution amount of offshore service outsourcing in China. In the first half of this year, the value of Chinese enterprises undertaking offshore service outsourcing contracts from countries along the Belt and Road was 100.3 billion yuan, and the execution value was 63 billion yuan, up 50.5% and 26.7% respectively, accounting for a further increase in the proportion of the total value of offshore service outsourcing.

"China is facing the transformation from a world manufacturing center to a service center. As an important symbol of the globalization of the service industry, overall, the market size of China's service outsourcing industry is growing steadily." Zhang Xiaotao said that with the wide application of the new generation of information technology, service outsourcing has presented a new trend of digitalization, intelligence, high-end and integration. Service outsourcing enterprises from the initial simple human outsourcing to solutions. "China's undertaking of service outsourcing has not only improved the industrial structure and created jobs, but also improved the skills of the service industry and promoted the rapid development of service trade."

It is understood that in undertaking service outsourcing, foreign-invested enterprises still dominate, and private enterprises develop at a fast pace. In the first half of this year, foreign-invested enterprises undertook 241 billion yuan of offshore service outsourcing contracts, and executed 148.1 billion yuan, up 13.4% and 18.8% respectively, accounting for 48.7% and 45.2% of the national total, continuing to occupy a dominant position in the market. The amount of offshore service outsourcing contracts undertaken by private enterprises reached 124.3 billion yuan, and the execution amount reached 83.4 billion yuan, up 32.9% and 29.1% respectively compared with the same period last year, which were 10.5 and 6.6 percentage points higher than the national average growth rate respectively.

Xiao-tao zhang said the global service outsourcing is a multinational company will non-core business to the company's external transfer, manufacturing and services to low-cost countries in the developed countries or regional transfer of results together, will further promote the international capital flow, is conducive to cultivate new growth point of foreign investment, and optimize the industrial structure of foreign investment, improving the quality of foreign investment. In addition, the development of service outsourcing business is conducive to improving the professional level of the local service industry, reducing the comprehensive business cost, optimizing the investment environment, and further improving the ability to attract foreign capital.

Talking about the future development direction of service outsourcing industry, Zhang Xiaotao believes that China's service outsourcing industry should cultivate new models and new business forms, relying on 5G technology, vigorously develop crowdsourcing, cloud outsourcing, platform subcontracting and other new models; We will actively promote the innovation and integrated application of the industrial Internet, foster a number of digital manufacturing outsourcing platforms, and develop new forms of business such as service-oriented manufacturing. We will build digital service export clusters, develop pilot areas for innovation in service trade and national demonstration cities for service outsourcing, and build a number of digital service export bases.

In Zhang's opinion, with the continuous development of China's macro economy, the recovery of the global economy, and the deepening of the "One Belt and One Road" construction, the development of China's service outsourcing industry will be more rapid. The construction of a new development pattern of double cycle is also pregnant with new opportunities. With the rapid development of digital transformation led by the innovation and application of digital technology, the development space of service outsourcing will be greatly broadened.