Outsourcing Plans for China

Filed in archive Outsourcing News on August 1, 2006

China, also known as the manufacturing central of Asia recently announced their plans to join the outsourcing wagon.

Ma Xiuhong,the Vice minister of Commerce explained that by joining the outsourcing industry, they would be able to "improve the quality of foreign trade in China" and in upgrading the state of China's foreign investments.

Li Zhiqun, director of the MOC's Foreign Investment Administration Department remarked that the Ministry of Commerce (MOC) would allocate money for the said plan. The money would be used in training workers fit for the outsourcing industry as well as in establishing structures which would accommodate interested parties in the coming years.

In addition to this, Zhiquin pointed out that IPR in China would be improved to provide better outsourcing services to outsourcing firms and vendors alike.