China should learn from India in outsourcing: Expert
A Chinese political advisor has advised the govt to draw upon experience of IT giant India in developing outsourcing biz. BPOs spreading wings| Women's Day in pics
By PTI |
BEIJING: A Chinese political advisor and senior corporate executive has strongly advised the government to draw upon the experience of IT giant India in developing outsourcing business to make the country shine in the sector.
Indian firms garnered 65 per cent of the world's IT industry outsourcing market and 47 per cent of office work outsourcing in 2006, Zhang Chunjiang, a member of China's political advisory body, the Chinese People's Political Consultative Conference, said.
Speaking at a plenary meeting of the CPPCC, Zhang cited the governmental industrial strategy, specially "free-of-tax policy" as a major factor for Indian firms doing well.
"The government shall expand preferential tax policies on software firms to all outsourcing business so as to help develop an advantage based on low cost," he said.
Indian firms garnered 65 per cent of the world's IT industry outsourcing market and 47 per cent of office work outsourcing in 2006, Zhang Chunjiang, a member of China's political advisory body, the Chinese People's Political Consultative Conference, said.
Speaking at a plenary meeting of the CPPCC, Zhang cited the governmental industrial strategy, specially "free-of-tax policy" as a major factor for Indian firms doing well.
"The government shall expand preferential tax policies on software firms to all outsourcing business so as to help develop an advantage based on low cost," he said.
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Zhang said in contrast to foreign outsourcing firms, including Indian, Chinese companies lagged behind in service quality and attracting the talent.
CPPCC is composed of representatives of the Communist Party of China and non-Communist parties, personages without party affiliation, ethnic minorities and social strata of different hues, including celebrities, scholars and experts.
About 60 per cent of members of the CPPCC, now in its annual session, are non-CPC members.
He said training programmes should be introduced in line with international practice, adding, the government at various levels should take the lead in outsourcing their services and encourage domestic companies to do likewise.
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"The country has unique advantages to boost outsourcing business," he was quoted as saying by the official Xinhua news agency. China's high-quality and effective IT infrastructure network had laid a technical foundation for the business and the country has already attracted a number of multinationals, which could be potential clients, Zhang said.
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