Group 1 - The total execution amount of offshore service outsourcing by Chinese enterprises from January to August 2025 reached 612.65 billion yuan, representing a year-on-year growth of 2.2% [1] - In USD terms, the execution amount was 85.43 billion USD, with a year-on-year increase of 0.4% [1] - The execution amount for offshore Information Technology Outsourcing (ITO) was 254.63 billion yuan, showing a decline of 1.7% year-on-year [1] Group 2 - The execution amount for offshore Business Process Outsourcing (BPO) was 112.51 billion yuan, reflecting a significant year-on-year growth of 21.2% [1] - The execution amount for offshore Knowledge Process Outsourcing (KPO) was 245.51 billion yuan, with a slight decline of 0.8% year-on-year [1] - Business operation services and maintenance services experienced rapid growth, with execution amounts of 69.9 billion yuan and 37.72 billion yuan, respectively, marking year-on-year increases of 19.7% and 30.4% [1] Group 3 - Among the 37 service outsourcing demonstration cities, the total execution amount was 535.27 billion yuan, a year-on-year increase of 2.1%, accounting for 87.4% of the total offshore service outsourcing execution [1] - The Yangtze River Delta region recorded an execution amount of 323.21 billion yuan, with a year-on-year growth of 1% [1] - The Beijing-Tianjin-Hebei region had an execution amount of 66.55 billion yuan, showing a year-on-year increase of 7% [1] Group 4 - The top three sources of offshore service outsourcing for China were the United States, Hong Kong, and Singapore, with execution amounts of 116.6 billion yuan, 105.67 billion yuan, and 79.45 billion yuan, respectively, together accounting for 49.2% of the total [2] - The execution amount from RCEP member countries reached 184.02 billion yuan, reflecting a year-on-year growth of 13.1% [2] - The execution amount from countries involved in the Belt and Road Initiative was 210.74 billion yuan, with a year-on-year increase of 12.7% [2] Group 5 - Domestic enterprises executed offshore service outsourcing worth 335.29 billion yuan, a year-on-year decline of 1.7%, accounting for 54.7% of the total [2] - Foreign enterprises executed offshore service outsourcing worth 277.36 billion yuan, showing a year-on-year growth of 7.3%, accounting for 45.3% of the total [2] - As of the end of August 2025, the cumulative number of employees absorbed by the service outsourcing sector was 17.307 million, with 11.348 million holding a university degree or higher, representing 65.6% [2]

Core Insights - The total execution amount of service outsourcing by Chinese enterprises from January to July 2025 was 953.87 billion RMB, a year-on-year decrease of 1.2% [1] - Offshore service outsourcing execution amount reached 548.24 billion RMB, showing a year-on-year growth of 2.6% [1] Business Structure - The execution amount for offshore Information Technology Outsourcing (ITO) was 227.45 billion RMB, a decrease of 0.7% year-on-year [1] - Business Process Outsourcing (BPO) execution amount was 101.76 billion RMB, with a significant year-on-year increase of 22.5% [1] - Knowledge Process Outsourcing (KPO) execution amount was 219.03 billion RMB, reflecting a year-on-year decline of 1.3% [1] - Notably, business operation services and maintenance services saw rapid growth, with execution amounts of 61.98 billion RMB and 35.4 billion RMB, increasing by 20% and 32.8% respectively [1] Regional Distribution - The 37 service outsourcing demonstration cities in China collectively executed offshore service outsourcing worth 480.4 billion RMB, a year-on-year increase of 2.7%, accounting for 87.6% of the total offshore service outsourcing execution [1] - The Yangtze River Delta region recorded an offshore service outsourcing execution amount of 283.77 billion RMB, a slight decline of 0.1% year-on-year [1] - The Beijing-Tianjin-Hebei region saw an increase in offshore service outsourcing execution amount to 62.53 billion RMB, growing by 12.2% year-on-year [1] International Market - The top three sources of offshore service outsourcing for China were the United States (103.56 billion RMB), Hong Kong (95.26 billion RMB), and the European Union (70.35 billion RMB), with year-on-year declines of 1.2%, 2.5%, and 1.4% respectively, together accounting for 49.1% of the total offshore service outsourcing execution [2] - Execution amount from Regional Comprehensive Economic Partnership (RCEP) member countries totaled 162.77 billion RMB, while the "Belt and Road" initiative countries contributed 187.86 billion RMB [2] - Notably, the execution amount from Singapore reached 70.35 billion RMB, with a growth rate of 26.4% [2] Enterprise Nature - Domestic enterprises executed offshore service outsourcing worth 301.0 billion RMB, a year-on-year decrease of 0.3%, representing 54.9% of the total [2] - Foreign enterprises executed offshore service outsourcing amounting to 247.24 billion RMB, showing a year-on-year increase of 6.5%, accounting for 45.1% of the total [2] Employment Impact - By the end of July 2025, the cumulative number of employees absorbed by the service outsourcing sector in China reached 17.272 million, with 11.324 million holding a university degree or higher, representing 65.6% [2] - From January to July, the service outsourcing sector added 306,000 new employees, with 216,000 of them holding a university degree or higher, accounting for 70.6% [2]

Core Insights - In the first half of 2025, China's service outsourcing execution amount reached 839.77 billion RMB, a year-on-year decrease of 1% [1] - Offshore service outsourcing execution amount was 483.35 billion RMB, showing a year-on-year growth of 3.9% [1] Business Structure - Offshore Information Technology Outsourcing (ITO) execution amount was 198.87 billion RMB, remaining flat compared to the previous year [1] - Business Process Outsourcing (BPO) execution amount increased by 25.7% to 90.23 billion RMB [1] - Knowledge Process Outsourcing (KPO) execution amount was 194.25 billion RMB, a slight decrease of 0.2% [1] - Rapid growth was observed in business operation services and maintenance services, with execution amounts of 55.32 billion RMB and 31.11 billion RMB, increasing by 22.1% and 40% respectively [1] Regional Distribution - The 37 service outsourcing demonstration cities in China collectively executed 425.37 billion RMB in offshore service outsourcing, a year-on-year increase of 4.2%, accounting for 88% of the total [1] - The Yangtze River Delta region executed 250.93 billion RMB in offshore service outsourcing, a growth of 3% [1] - The Beijing-Tianjin-Hebei region executed 59.45 billion RMB, with a significant year-on-year increase of 17.3% [1] International Market - The top three sources of China's offshore service outsourcing were the United States (88.89 billion RMB), Hong Kong (85.25 billion RMB), and the European Union (62.07 billion RMB), with growth rates of 0.3%, -0.7%, and -4.2% respectively [2] - Execution amount from RCEP member countries reached 143.66 billion RMB, a year-on-year growth of 15.4% [2] - Execution amount from countries involved in the Belt and Road Initiative was 166.78 billion RMB, showing a year-on-year increase of 16.3% [2] Company Nature - Domestic enterprises executed 265.85 billion RMB in offshore service outsourcing, a slight decrease of 0.4%, accounting for 55% of the total [2] - Foreign enterprises executed 217.5 billion RMB, with a year-on-year growth of 9.6%, making up 45% of the total [2] Employment Impact - As of June 2025, China's service outsourcing sector had absorbed 17.255 million employees, with 11.312 million holding a university degree or higher, representing 65.6% [2] - In the first half of 2025, the sector added 289,000 new employees, with 204,000 of them holding a university degree or higher, accounting for 70.6% [2]

Core Insights - The total execution amount of service outsourcing by Chinese enterprises from January to May 2025 was 640.53 billion RMB, a year-on-year decrease of 2.4% [1] - The offshore service outsourcing execution amount reached 365.71 billion RMB, showing a year-on-year growth of 8% [1] Group 1: Business Structure - The execution amounts for offshore Information Technology Outsourcing (ITO), Business Process Outsourcing (BPO), and Knowledge Process Outsourcing (KPO) were 151.69 billion RMB, 71.51 billion RMB, and 142.51 billion RMB, with year-on-year growth rates of 4.3%, 26.2%, and 4.5% respectively [1] - Business operation services and maintenance services experienced significant growth, with execution amounts of 44.48 billion RMB and 23.66 billion RMB, reflecting year-on-year increases of 20.7% and 46.5% [1] Group 2: Regional Distribution - The 37 service outsourcing demonstration cities in China collectively executed offshore service outsourcing worth 324.72 billion RMB, a year-on-year increase of 8.8%, accounting for 88.8% of the total offshore service outsourcing execution [1] - The Yangtze River Delta region executed offshore service outsourcing worth 190.84 billion RMB, with a year-on-year growth of 6.2% [1] - The Beijing-Tianjin-Hebei region executed offshore service outsourcing worth 39.6 billion RMB, showing a year-on-year increase of 14.3% [1] Group 3: International Market - The top three sources of offshore service outsourcing for China were the United States, Hong Kong, and Singapore, with execution amounts of 69.4 billion RMB, 67.56 billion RMB, and 51.57 billion RMB, reflecting year-on-year growth of 2.6%, 0.7%, and 50.4% respectively, together accounting for 51.6% of the total offshore service outsourcing execution [2] - The execution amount from RCEP member countries reached 112.59 billion RMB, with a year-on-year growth of 24% [2] - The execution amount from countries involved in the Belt and Road Initiative was 123.01 billion RMB, showing a year-on-year increase of 24.7% [2] Group 4: Employment Impact - As of the end of May 2025, the service outsourcing sector in China had absorbed a total of 17.205 million employees, with 11.276 million holding a university degree or higher, representing 65.5% [2] - In the first five months of 2025, the service outsourcing sector added 240,000 new employees, with 168,000 of them holding a university degree or higher, accounting for 70% [2]

Core Insights - The total execution amount of service outsourcing by Chinese enterprises reached 524.75 billion RMB in the first four months of 2025, with a year-on-year growth of 0.8% [1] - Offshore service outsourcing execution amounted to 301.26 billion RMB, showing a significant year-on-year increase of 9.7% [1] Group 1: Business Structure - The execution amounts for offshore Information Technology Outsourcing (ITO), Business Process Outsourcing (BPO), and Knowledge Process Outsourcing (KPO) were 128.62 billion RMB, 59.09 billion RMB, and 113.55 billion RMB, reflecting year-on-year growth rates of 10.3%, 19.6%, and 4.6% respectively [1] - The highest execution amounts were in information technology research services (101.03 billion RMB), business operation services (37.29 billion RMB), and design services (71.12 billion RMB), with respective year-on-year growth of 5.2%, 15.1%, and 6.7% [1] Group 2: Regional Distribution - The 37 service outsourcing demonstration cities collectively executed offshore service outsourcing worth 269.86 billion RMB, a year-on-year increase of 10.7%, accounting for 89.6% of the national total [1] - The Yangtze River Delta region executed offshore service outsourcing worth 153.39 billion RMB, with a year-on-year growth of 6.8% [1] - The Beijing-Tianjin-Hebei region executed offshore service outsourcing worth 33.16 billion RMB, showing a year-on-year increase of 15% [1] Group 3: International Market - The top three sources of offshore service outsourcing for China were Hong Kong, the United States, and Singapore, with execution amounts of 56.74 billion RMB, 56.3 billion RMB, and 46.49 billion RMB, reflecting year-on-year growth of 0.3%, 5.4%, and 59.7% respectively, together accounting for 53% of the total offshore service outsourcing execution [2] - The execution amount from RCEP member countries reached 94.25 billion RMB, with a year-on-year growth of 28.6% [2] - The execution amount from countries involved in the Belt and Road Initiative totaled 101.92 billion RMB, showing a year-on-year increase of 27.5% [2] Group 4: Employment Impact - As of the end of April 2025, the service outsourcing sector had absorbed 17.185 million employees, with 11.263 million holding a university degree or higher, representing 65.5% [2] - In the first four months, the sector added 220,000 new employees, with 156,000 of them holding a university degree or higher, accounting for 70.9% [2]

Core Insights - Shenzhen's service trade development support policy emphasizes the acceleration of digital trade as a primary task [1] - The policy includes financial incentives for service trade enterprises, with rewards up to 1 million yuan for eligible companies [1][2] Group 1: Digital Trade Support - The policy encourages service trade companies to legally transmit data and digital products across borders, aiming to expand the scale of digital service exports [1] - Shenzhen ranks second in China for the number of companies in the digital delivery and ordering trade sectors, with 35 companies listed in the top 100 [1] Group 2: Support for Service Trade Business Development - Shenzhen promotes high-value outsourcing services, including IT outsourcing (ITO) and knowledge process outsourcing (KPO), with rewards up to 1 million yuan for qualifying companies [2] - The city supports the expansion of technology exports, offering rewards based on the actual execution amount, ranging from 80,000 yuan to 1 million yuan [2] - Incentives are also provided for companies engaging in international service outsourcing, with rewards from 50,000 yuan to 100,000 yuan based on execution amounts [2] Group 3: Support for Market Entities - The policy aims to enhance the export capabilities of high-end professional service providers, including accounting and legal services, with rewards up to 1 million yuan [3] - Financial services are also targeted for growth, with incentives of up to 2 million yuan for qualifying financial service trade enterprises [3] - New businesses meeting specific criteria can receive rewards of up to 100,000 yuan for achieving revenue growth [3] Group 4: Rationale for Increased Focus on Service Trade - The global service trade accounts for over 23% of total trade, and China has a long-standing service trade deficit, necessitating competitive enhancements through openness [4] - Shenzhen's strategy includes expanding service trade scale, optimizing structure, and increasing efficiency, with a comprehensive action plan featuring 66 specific measures [4] - Over the past three years, Shenzhen's Commerce Bureau has funded 87 quality service trade enterprises [4] Group 5: Trade Performance - In 2024, Shenzhen's total service trade import and export value exceeded 140 billion USD for the first time [5]