Core Insights - The total execution amount of service outsourcing by Chinese enterprises in the first three quarters of 2025 reached 12,228.3 billion RMB, showing a year-on-year decline of 0.9% [1] - Offshore service outsourcing execution amount was 7,183.7 billion RMB, reflecting a growth of 4.2% [1] Business Structure - The execution amount for offshore Information Technology Outsourcing (ITO) was 3,009.5 billion RMB, an increase of 3% [1] - Offshore Business Process Outsourcing (BPO) execution amount reached 1,308.6 billion RMB, growing by 21.5% [1] - Offshore Knowledge Process Outsourcing (KPO) execution amount was 2,865.6 billion RMB, declining by 0.9% [1] - Business operation services and maintenance services saw significant growth, with execution amounts of 791.8 billion RMB and 460.9 billion RMB, increasing by 18.3% and 33.2% respectively [1] Regional Distribution - The 37 service outsourcing demonstration cities in China collectively executed offshore service outsourcing worth 6,282.7 billion RMB, a growth of 4.9%, accounting for 87.5% of the total offshore service outsourcing execution [1] - The Yangtze River Delta region recorded an offshore service outsourcing execution amount of 3,778.2 billion RMB, a slight decline of 0.1% [1] - The Beijing-Tianjin-Hebei region saw an increase in offshore service outsourcing execution amount to 745.5 billion RMB, growing by 9.7% [1] International Market - The top three sources of offshore service outsourcing for China were the United States, Hong Kong, and the European Union, with execution amounts of 1,454.3 billion RMB, 1,214.9 billion RMB, and 899.6 billion RMB respectively, together accounting for 49.7% of the total offshore service outsourcing execution [2] - Execution amount from RCEP member countries reached 2,087.5 billion RMB, growing by 12.4% [2] - Execution amount from countries involved in the Belt and Road Initiative totaled 2,448.1 billion RMB, reflecting a growth of 15.5% [2] Employment Impact - As of the end of September, the service outsourcing sector in China had absorbed 17.335 million employees, with 11.37 million holding a university degree or higher, representing 65.6% [2] - In the first three quarters, the sector added 370,000 new employees, with 262,000 of them holding a university degree or higher, accounting for 70.8% [2]

Group 1 - The service industry has shown rapid growth in the first half of the year, with a service value added of 390,314 billion yuan, representing a year-on-year increase of 5.5% [1] - The proportion of service value added in GDP reached 59.1%, an increase of 0.7 percentage points compared to the same period last year [1] - In the second quarter, the service industry value added accelerated to 195,172 billion yuan, with a year-on-year growth of 5.7%, up by 0.4 percentage points from the first quarter [1] Group 2 - The modern service industry has performed well, with information transmission, software, and IT services growing by 11.1% year-on-year, and leasing and business services by 9.6% [2] - High-tech service industries have seen significant revenue growth, with high-tech service enterprises' revenue increasing by 9.9% and strategic emerging service industries by 9.5% from January to May [2] - The fixed asset investment in high-tech services grew by 8.6% year-on-year in the first half of the year [2] Group 3 - Service consumption has shown steady improvement, with service retail sales increasing by 5.3% year-on-year and per capita service consumption expenditure rising by 4.9% [2] - Online retail sales grew by 8.5% year-on-year, while tourism and cultural services saw significant increases, with tourism services up by 31.9% and cultural sports services by 7.4% [2] Group 4 - The service industry has maintained a positive outlook, with the business activity index averaging 50.2, indicating expansion [4] - The business activity expectation index averaged 56.7, remaining in a high prosperity range throughout the first half of the year [4]