Guiyang approved as service outsourcing demo city

Nine departments of the central government, including the Ministry of Commerce and the National Development and Reform Commission, have recognized Guiyang, Southwest China's Guizhou province, as China's service outsourcing demonstration city, along with five other cities in the nation, according to local news reports on Nov 11.

With help from the big data development strategy, Guiyang has cultivated its service outsourcing sector into a new engine of economic growth. The sector is considered important to transforming traditional industries and enhancing their competitiveness in the market.

In 2018, Guizhou approved Guiyang as its first service outsourcing city. Guiyang had recently ranked first in a nationwide assessment of service outsourcing demonstration cities from 2018-20.

Service outsourcing in Guiyang has been continuously expanding in scale and optimizing its structure, and its market entities have seen a surge as well.

From 2016 to 2020, the contract execution amount in Guiyang (including Guian New Area) surged 32.6 times and increased 53.95 percent year-on-year from January to September this year.

The sum of information technology outsourcing, in particular, spiked from $6.73 million in 2016 to $175.22 million in 2020.

Over the past two years, one municipal demonstration zone and 10 demonstration enterprises involved in service outsourcing have been identified in Guiyang.

The city's offshore service outsourcing business has spread to more than 20 countries and regions in Asia, Europe, the Americas and Africa. The top three business partners of Guiyang from January to September this year were Hong Kong, Vietnam, and the United States.