2025年1-7月，我国企业承接服务外包执行额9538.7亿元人民币（币种下同），同比下降1.2%。其中， 承接离岸服务外包执行额5482.4亿元，同比增长2.6%。 从业务结构看，我国企业承接离岸信息技术外包（ITO）执行额2274.5亿元，同比下降0.7%；承接业务 流程外包（BPO）执行额1017.6亿元，同比增长22.5%；承接知识流程外包（KPO）执行额2190.3亿 元，同比下降1.3%。其中，业务运营服务和维修维护服务业务增长较快，执行额分别为619.8亿元和354 亿元，同比分别增长20%和32.8%。 从区域分布看，全国37个服务外包示范城市合计承接离岸服务外包执行额4804亿元，同比增长2.7%， 占离岸服务外包执行总额的87.6%。长三角地区承接离岸服务外包执行额2837.7亿元，同比下降0.1%。 京津冀地区承接离岸服务外包执行额625.3亿元，同比增长12.2%。 从国际市场看，我国离岸服务外包来源地前三位为美国、中国香港、欧盟，执行额分别为1035.6亿元、 952.6亿元和703.5亿元，同比分别下降1.2%、2.5%和1.4%，合计占离岸服务外包执行总额的49.1%。承 接区域 ...

Core Viewpoint - Meiyan Jixiang (600868) is initiating a cross-industry acquisition by planning to acquire 65% of Shanghai Xinjiyu Information Technology Service Co., Ltd. for 106 million yuan, aiming to enter the service outsourcing industry [2][5]. Group 1: Acquisition Details - The valuation of Shanghai Xinjiyu's total equity is 163 million yuan, representing a 266.03% increase over its book value [2][3]. - Shanghai Xinjiyu, established in 2013, has a registered capital of 10 million yuan, with its shareholders being Hou Xinggang (65%) and Wu Haiyan (35%) [2][3]. - After the acquisition, the shareholding structure will change to Meiyan Jixiang holding 65%, Hou Xinggang 20%, and Wu Haiyan 15% [2]. Group 2: Financial Performance - For the fiscal year 2024, Shanghai Xinjiyu is projected to generate revenue of 171 million yuan and a net profit of 7.44 million yuan [3][5]. - In the first five months of 2025, the company reported revenue of 66.76 million yuan and a net profit of 4.92 million yuan [3]. - As of May 2025, Shanghai Xinjiyu's total assets were valued at 97.89 million yuan, with net assets of 44.59 million yuan [3]. Group 3: Market Position and Future Outlook - Shanghai Xinjiyu has approximately 180 active orders, serving clients across various industries, including NIO, Daikin, and Adidas [4]. - The BPO industry is expected to maintain a continuous upward trend, with a fragmented competitive landscape and significant market demand [4]. - The gross profit margin for Shanghai Xinjiyu in 2024 is estimated at 8.79%, with projections for 2026-2030 ranging between 12.24% and 12.75% [5]. Group 4: Regulatory Scrutiny - The high premium in the acquisition has attracted the attention of regulatory authorities, leading to inquiries regarding the necessity and rationality of the transaction [2][6]. - The acquisition is expected to create approximately 76 million yuan in goodwill on the consolidated balance sheet of Meiyan Jixiang [6]. - The Shanghai Stock Exchange has requested explanations regarding the significant increase in the valuation of Shanghai Xinjiyu compared to previous assessments [6].

Group 1 - The service industry in China showed a strong growth in the first half of the year, with a value added of 39,031.4 billion yuan, representing a year-on-year increase of 5.5% and accounting for 59.1% of the GDP, an increase of 0.7 percentage points compared to the previous year [1][2] - The contribution rate of the service industry to national economic growth was 60.2%, up by 5.8 percentage points year-on-year, with the service sector driving GDP growth by 3.2 percentage points, an increase of 0.5 percentage points [2] - In the second quarter, the service industry added value reached 19,517.2 billion yuan, growing by 5.7% year-on-year, with a contribution rate to economic growth rising to 61.2% [2] Group 2 - The service retail sales increased by 5.3% year-on-year, outpacing the growth of goods retail sales by 0.2 percentage points, while per capita service consumption expenditure rose by 4.9%, accounting for 45.5% of total per capita consumption expenditure [2] - Cultural and tourism consumption saw significant growth, with tourism services and cultural sports services increasing by 31.9% and 7.4% respectively, and the national box office exceeding 29.2 billion yuan, growing over 20% year-on-year [3] Group 3 - The high-tech service sector experienced robust demand, with fixed asset investment in high-tech services growing by 8.6% year-on-year, and investment in information services increasing by 37.4% [5] - The business activity index for the service industry remained above the critical point, averaging 50.2, indicating continued expansion and positive market expectations [6][7] Group 4 - The integration of technological and industrial innovation is deepening, with high-tech service enterprises showing revenue growth of 9.9% and strategic emerging service enterprises growing by 9.5% from January to May [4] - The digital technology application sector also saw a revenue increase of 11.2% year-on-year, reflecting ongoing innovation and optimization in digital service supply [4]

Group 1 - The core viewpoint is that despite the challenges to globalization, the trend towards globalization will not change, and China’s service trade is entering a "golden development period" with significant growth in service outsourcing [1] - From 2006 to 2024, China's service outsourcing scale increased from $1.38 billion to $313.8 billion, a growth of 227 times; offshore service outsourcing grew from $1.384 billion to $164.3 billion, with an average annual growth rate of 30.4% [1] - The number of service outsourcing entities in China expanded from over 500 to 86,301, a growth of 171.6 times, and the workforce in this sector surged from under 60,000 to 16.965 million, an increase of 281.7 times [1] Group 2 - Wuhan's service outsourcing execution amount is projected to exceed 50 billion yuan for the first time in 2024, indicating a positive trend in both quantity and quality [2] - Wuhan has been a service outsourcing demonstration city since 2009, with an average annual growth rate of 17.5% in service outsourcing execution amount during the 14th Five-Year Plan period [3] - In the first half of this year, Wuhan's service outsourcing execution amount grew by 10.3%, with high-value-added sectors like business process outsourcing and knowledge process outsourcing growing by 20.3% and 60% respectively [3] Group 3 - The service outsourcing industry in China is experiencing a structural optimization, with a significant increase in high-value-added services [5] - In 2024, China's total service outsourcing contract amount is expected to reach 3.0535 trillion yuan (approximately $435.1 billion), with an execution amount of 2.2197 trillion yuan (approximately $313.8 billion), reflecting year-on-year growth of 6.5% and 13.3% respectively [5] - The execution amounts for offshore information technology outsourcing, business process outsourcing, and knowledge process outsourcing are projected to be 465.7 billion yuan, 185.8 billion yuan, and 511.1 billion yuan respectively, with year-on-year growth rates of 12.1%, 79%, and 13.0% [5] Group 4 - The service outsourcing industry is shifting towards digitalization, high-end services, and high value-added offerings, which is a global trend [6] - Wuhan is encouraged to enhance the internationalization of its mixed-ownership manufacturing sector to meet the growing demand for productive services arising from high-quality manufacturing development [6] - The city should focus on innovation in service outsourcing to drive growth in scale, revenue, productivity, and profitability [6]

Core Insights - Wuhan has experienced significant growth in the service outsourcing industry since being designated a "Service Outsourcing Demonstration City" in 2009, with an annual growth rate of 32%, leading to an execution amount of 56.83 billion yuan by 2024, nearly a 50% increase from the previous year [1] Group 1: Industry Growth and Development - The 14th China International Service Outsourcing Trade Expo was held in Wuhan, marking the city's third consecutive year hosting this event, attracting global buyers and service providers [2] - Wuhan has become one of the fastest-growing cities in China's service outsourcing sector, completing three national-level pilot tasks since 2009, which has enhanced its industry concentration [4] - The service outsourcing industry in Wuhan includes nearly 1,500 companies, with 19 companies having an execution amount exceeding 100 million USD and 9 companies with overseas business exceeding 50 million USD [3] Group 2: Technological Integration and Innovation - Digitalization and intelligence are reshaping the service outsourcing industry, with a notable increase in demand for high-end services driven by advancements in cloud computing and large models [7] - The geographical information service sector in Wuhan has seen over 50% growth in service outsourcing business last year, with over 300 companies forming a complete industrial chain [7] - Wuhan is actively fostering new service outsourcing models such as crowdsourcing and cloud outsourcing, promoting deep integration with traditional manufacturing sectors [7] Group 3: International Engagement and Market Expansion - In 2024, Wuhan's offshore service outsourcing business is projected to reach 12.75 billion yuan, a 17% year-on-year increase, with services extending to 82 countries and regions [8] - The Wuhan International Trade Digital Platform, launched last September, supports over 1,500 foreign trade enterprises by providing customized services across the entire trade lifecycle [9] - The number of exhibitors from Belt and Road Initiative countries at the expo has increased compared to previous years, indicating growing international interest in Wuhan as a service outsourcing hub [10]

Core Insights - The 14th China International Service Outsourcing Trade Fair emphasizes the importance of digital economy and innovation in service trade, providing a platform for collaboration and showcasing achievements in the service outsourcing industry [1] - Wuhan's service outsourcing industry has seen significant growth, with an average annual increase of 22% in execution value since the 14th Five-Year Plan, and a projected 47% year-on-year growth in 2024, surpassing 50 billion yuan for the first time [2] - The service outsourcing sector is a crucial employment reservoir, absorbing 383,000 workers by the end of 2024, with 328,000 holding a university degree, representing 85.8% of the workforce [3] Industry Development - Wuhan has established itself as a key player in the service outsourcing industry, with nearly 1,500 active outsourcing companies and 19 companies exceeding 100 million USD in execution value [2] - The city has implemented a series of supportive policies since the 14th Five-Year Plan, facilitating high-quality development in service trade and promoting new models like crowdsourcing and cloud outsourcing [2][4] - The service outsourcing industry is projected to have over 25% of its revenue coming from sectors like optoelectronic information and mechanical equipment by 2024 [3] Policy and Innovation - Wuhan has developed a service trade promotion system focusing on cultural trade, service outsourcing, and digital services, leading to a significant scale of service trade development in Central China [4] - The city has been recognized as the only comprehensive pilot city for service industry expansion in Central China, with 90 reform tasks fully implemented, resulting in best practices and replicable experiences [4][5] - Institutional innovations in talent recruitment, financial services, logistics, and data asset management are showing positive results, enhancing the overall service industry environment [5]

Core Insights - The 14th China International Service Outsourcing Trade Expo will be held from July 23 to 25, focusing on the theme "Empowering the Future with Digital Intelligence" to promote global cooperation and development in the service outsourcing sector [1][4] - The integration of service outsourcing and digital economy is deepening, with the industry actively transitioning towards digitalization and intelligence, exploring new business models and seizing development opportunities [1][2] Industry Performance - From January to May, China's offshore service outsourcing execution amount reached 365.71 billion yuan, representing a year-on-year growth of 8% [1] - The execution amounts for offshore Information Technology Outsourcing (ITO), Business Process Outsourcing (BPO), and Knowledge Process Outsourcing (KPO) were 151.69 billion yuan, 71.51 billion yuan, and 142.51 billion yuan, with year-on-year growth rates of 4.3%, 26.2%, and 4.5% respectively [1] Industry Trends - The service outsourcing industry is evolving towards digitalization, intelligence, and high-end services, optimizing its structure [2] - The industry is shifting from single technical services to comprehensive industry solutions, enhancing service capabilities and moving towards high value-added services [2] Technological Development - The service outsourcing sector is leveraging technologies such as cloud computing, big data, artificial intelligence, and blockchain to develop new application scenarios [2][3] - A case study highlighted how a state-owned commercial bank's overseas subsidiary overcame technological disconnection challenges through a tailored "microservices + trusted innovation" technology foundation [3] Business Opportunities - The expo will provide opportunities for service outsourcing companies through activities like one-on-one project promotion and technical cooperation showcases [3] - The event aims to adapt to the trends driven by digital technologies and explore the potential of digital service cooperation and trade development [3] Regional Impact - The hosting of the expo in Wuhan is expected to enhance the city's industrial clustering effect and elevate its international influence as a hub for "Chinese services," injecting new momentum into the central region and the Yangtze River Economic Belt [4]

Group 1 - The service outsourcing industry in China is expected to enter a new development period due to the rapid advancement of new generation information technology [1] - The 14th China International Service Outsourcing Trade Expo will be held from July 23 to 25 in Wuhan, focusing on themes such as artificial intelligence, big data, and digital services [1] - The global digital economy is projected to grow significantly in the coming years, driven by technologies like cloud computing, big data, blockchain, and artificial intelligence [1] Group 2 - In 2024, the execution amount of service outsourcing by Chinese enterprises is expected to reach 22,197 billion RMB, representing a year-on-year growth of 13.3%, with offshore service outsourcing amounting to 11,626 billion RMB, a growth of 11.8% [2] - The current landscape of China's service outsourcing is characterized by a dual-driven model of knowledge process outsourcing and information technology outsourcing [2] - New business models such as smart healthcare, cross-border services, and digital content creation are emerging, expanding the scope of service trade and enhancing China's position in the global value chain [2]

Core Insights - The 14th China International Service Outsourcing Expo will be held from July 23 to 25 in Wuhan, highlighting the shift of China's service outsourcing industry towards digital intelligence as a key driver for high-quality service trade development [1][3] Group 1: Industry Growth and Transformation - From 2006 to 2024, China's service outsourcing execution amount increased from $1.38 billion to $313.8 billion, a growth of 227 times; the number of service outsourcing companies expanded from over 500 to more than 80,000; and the workforce grew from less than 60,000 to nearly 16.97 million [1] - The global service outsourcing industry has transitioned from a traditional labor-intensive model to a knowledge-intensive industry driven by new technologies such as artificial intelligence, cloud computing, big data, IoT, and blockchain [2] - China's service outsourcing industry is accelerating its upgrade towards intelligence, high-end, and internationalization, leveraging the dual drivers of manufacturing digital transformation and digital technology innovation [2] Group 2: Role in Service Trade - Service outsourcing has played a significant role in promoting the growth, structural optimization, and competitiveness of China's service trade, becoming a key engine for high-quality service trade development [2] - The robust development of the service outsourcing industry has significantly enhanced the comprehensive competitiveness of China's service trade enterprises, with strong international capabilities established in fields such as testing, IT solutions, and R&D design [2] Group 3: Expo Objectives - The expo aims to create a platform for communication and cooperation, gathering wisdom and resources to explore the potential of digital service cooperation and digital trade development [3]

Group 1 - The core viewpoint of the collaboration between Qijia.com and Shandong Foreign Languages Vocational Technical University is to enhance vocational education through a "theory + practice" teaching model, which has successfully trained 39 students over three months, improving their professional skills and practical experience [1] - Starting from September 2024, the collaboration will transition from "order-based training" to a "on-campus internship + workplace employment" model, expanding the scope from specific classes to the entire design major, aiming for deeper integration of education and industry [1] - The new model has already shown initial success, with Qijia.com accepting 19 interns from the 25th batch, resulting in 7 outstanding graduates being employed in the Rizhao workplace, demonstrating the dual value of enhancing student employability and meeting corporate talent needs [1] Group 2 - The partnership between Qijia.com and Shandong Foreign Languages College exemplifies effective school-enterprise collaboration and serves as a vivid case of how industry-education integration can empower high-quality regional economic development [2] - The deepening promotion of the "on-campus internship + workplace employment" model will strengthen resource integration and complementary advantages, creating a comprehensive service system for "talent cultivation - internship training - employment and entrepreneurship" [2] - This collaboration is a practical implementation of the concept of educational reform and industrial upgrading, providing a replicable and promotable "Rizhao model" for vocational education [2]