|
|
|
|
|
|
 |
| IOAP East China October Chapter Event
hiSoft Moves To Top 35 in IAOP's Annual Ranking of Global Outsourcing 100
(Beijing China, April 23, 2007) hiSoft Technology International Ltd has recently been ranked number 34th for 2006 according to The International Association of Outsourcing Professionals (IAOP) Annual Ranking of Global Outsourcing 100, moving up over 30 spots (from number 68th in 2005). hiSoft was recognized primarily for its expanding size and rapid corporate growth and is only one of two China-based IT outsourcing providers to make the top 35. IBM, Capgemini, and Hewlett-Packard were ranked in the top three.
The Global Outsourcing 100 defines the standard for excellence in outsourcing service delivery, based on four criteria: size and growth, customer references, organizational competencies, and management capabilities. The recognition is further evidence of hiSoft’s leadership position as the largest and fastest growing “pure play” ITO provider based in China as well as its presence as a major global player. hiSoft’s growth and critical mass continues to provide major Fortune 500 global clients with world class IT outsourcing and off-shoring services.
China is expected to be the next ITO giant who has already attracted tremendous attention from US and Europe. hiSoft continues to build the platform to lead this China ITO wave. IOAP was formed in 2005 which has a membership of about 250 organizations and 38,000 individuals. The Global Outsourcing 100, produced annually by the IAOP, is devoted to featuring the best of today's leading outsourcing service providers and tomorrow's rising stars.  |
|
|
|
|
 |
|
|
China Briefing
China is one of the biggest countries in the world. It has an area of about 9.6 million square kilometers which comprises about 6.5 per cent of the world total land area. Its population of more than one billion accounts for 23 per cent of the world's population. China is the world's oldest continuous civilization. World Travel Organization predicts that by year 2020, China will become the number one travel destination in the world.
China is situated in the eastern part of Asia on the west coast of the Pacific Ocean. It is the third largest country in the world (after Canada and Russia). The distance from east to west measures over 5,200 kilometers and from north to south, over 5,500 kilometers. When the sun shines brightly over the Wusuli River in the east, the Pamire Plateau in the west is in the very early morning. When blizzards wrap the north along the Heilongjiang River in the winter, spring sowing is underway on Hainan Island in the south.
China has a land border of 22,143.34 kilometers long and is bordered by twelve countries: Korea in the east; Russian in the northeast and the northwest; Mongolia in the north; India, Pakistan, Bhutan and Nepal in part of the west and southwest; Burma, Laos and Vietnam in the south.
Beside a vast land area, there are also extensive neighboring seas and numerous islands. The coastline extends more than 14,500 kilometers. Across the East China Sea to the east and South China Sea to the southeast are Japan, the Philippines, Malaysia, and Indonesia. More than 5,000 islands are scattered over China's vast territorial seas; the largest being Taiwan and the second largest, Hainan. One territorial sea and three neighboring seas altogether constitute 4.73 million square kilometers.
China Business
There are a multitude of trade and investment opportunities for exporters in the China market. Some of the major sectors currently experiencing rapid growth are: processed food and beverages, gambling, transport, IT and telecommunications, minerals and energy, environment protection, building construction products and services. Three of the major growth industries though are the exporting of education, processed food and wine products.
Dress styles are changing quickly in today's China. The uniform-like Mao jacket is being replaced by Western-style suits and, sometimes, ties. Foreigners should dress formally. Women should avoid low necklines and hemlines that rise above the knee. Jewelry will be noticed; modest gold jewelry and a quality watch will count in your favor. However, avoid overly expensive jewelry or showy ornaments.
In Chinese business culture, conservative suits and ties in subdued colors are the norm. Bright colors of any kind are considered inappropriate.
China Market Overview
China is a rapidly rising global economic power. Overall growth has averaged a robust 7% to 8% for more than a decade, with some markets expanding much more rapidly:
1. China's auto market exploded in 2003, passenger car sales jumping 82% year-over-year. Yet China's auto industry is still in early stages with strong growth projected for years ahead.
2. China is the world's largest telecommunications market with some 280 million mobile subscribers and 270 million wireline subscribers. New wireline subscribers are being connected at close to two million per month while mobile subscribers are growing at four million per month, overall at 14% growth rate.
3. Chinese household appliance manufacturers are experiencing growth in excess of 35% per year. The demand for China's household electric appliances, both domestic and for export, pushed production levels overall for many small and major appliance product categories up 40 to 50 percent or more in 2003.
4. At approximately 1.29 billion people, China is the world's most populous nation, yet Internet penetration and ecommerce are still in the developmental growth stages. According to statistics released by the China Internet Network Information Center, China, with nearly 80 million Internet users, currently trails only the USA and Japan. With the number of Internet users growing at around 5% a month, a household penetration rate of 25% percent is conceivably only three or four years off. |
|
|
|
|
|
|
 |
|
|
|
US Headquarters : 10501 Valley Blvd., #1148, #1173 & #1175 El Monte, CA 91731, United States. Phone 1-877-628-9888 (US) 626-618-0777 (International) Fax 1-877-718-9888 (US) 626-602-9763 (International)
China Branch Offices : The Gate Tower, Block B North Wing, Suit 603, 19 Zhong Guan Cun Da Jie Haidian District, Beijing 100080 China Phone 86 10 82486867
|
|
|
|
|
|
|