Top News
China's service outsourcing grows in first five months: MOC
Last Updated: 2019-06-29 14:24 | Xinhua
 Save  Print   E-mail

China's service outsourcing industry reports stable growth in the first five months of 2019, the latest data from the Ministry of Commerce (MOC) showed.

Chinese businesses inked service outsourcing contracts worth 482.01 billion yuan (72.2 billion U.S. dollars) during the January-May period, up 19.3 percent year on year.

Of the total, offshore service outsourcing contracts reached 306.11 billion yuan, rising 20.1 percent from a year earlier.

Deals were supported by robust growth of productive service outsourcing, covering services including purchasing, testing and e-commerce platforms, as well as online marketing and pitching, according to the MOC.

Service outsourcing contracts fulfilled with businesses in the European Union jumped 24.9 percent to 30.57 billion yuan in value, with those fulfilled with Germany, the United Kingdom, France and Sweden reporting double-digit growth rates, the ministry said.

Outsourcing deals implemented with Belt and Road countries stood at 30.98 billion yuan in value, with Russia becoming a new highlight, the MOC said.

(Editor:富博)

Share to 
0
Related Articles:
BACK TO TOP
  • Sports
  • Soccer
  • Basketball
  • Tennis
  • Formula One
  • Athletics
  • Others
  • Entertainment
  • Celebrity
  • Movie & TV
  • Music
  • Theater & Arts
  • Fashion
  • Beauty Pageant
Edition:
Link:    
About CE.cn | About the Economic Daily | Contact us
Copyright 2003-2024 China Economic Net. All right reserved
China's service outsourcing grows in first five months: MOC
Source:Xinhua | 2019-06-29 14:24
Share to 
0