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<table border="0" cellpadding="3" cellspacing="1" width="100%" class="forumline"> <tr> <th class="thCornerL" width="22%" height="26">Author</th> <th class="thCornerR">Message</th> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>52hr1j9k2f3s</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="http://picsrv.fora.pl/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Wed 8:55, 23 Feb 2011<span class="gen"> </span> Post subject: Foreign-funded Firms Contribute Over 80% of Softwa</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">China exported software worth of US$610 million in the first ten months, more than 80 percent of which was made by foreign companies operating in China. <br />Customs statistics released here Thursday show that the value of national software exports rose 30.7 percent year-on-year but the proportion from private local companies dropped in the period. <br />Foreign-funded companies recorded software exports of US$500 million in the Jan.-Oct. period, up 40.4 percent year-on-year. The figure from private local companies declined 9.3 percent to US$60 million, according to customs statistics. <br />In the press release on its website, China Customs attributed the bad performance of local companies to their small scale and lack of competitiveness in the international market. <br />Another problem that baffles the Chinese software industry is that the target market of exports is highly concentrated in Japan,<a href="http://www.orbto.com/business-process-outsourcing/data-entry-outsourcing/" target="_blank" class="postlink">Data processing companies</a>, which absorbed US$390 million, or 63.9 percent of China's software exports in the first ten months. <br />Experts predicted that the global IT outsourcing market will reach US$100 billion in 2007,<a href="http://www.orbto.com/software-outsourcing/quality-assurance-outsourcing/" target="_blank" class="postlink">quality assurance service</a>, most of which will come from the European and US market. <br />"Only by breaking into the mainstream software market could Chinese export-oriented software companies gain the foothold in the global software outsourcing market,<a href="http://www.orbto.com/software-outsourcing/quality-assurance-outsourcing/" target="_blank" class="postlink">quality assurance companies</a>," according to the press release. <br />Customs statistics show that China's software exports to the United States and Hong Kong only stood at US$70 million respectively in the Jan.-Oct. period. No figures for the European market are provided. <br />Beijing,<a href="http://www.orbto.com/business-process-outsourcing/data-convention/" target="_blank" class="postlink">Data convention</a>, Shanghai and northeast China's Liaoning Province accomplished 80.7 percent of the national software exports in the first ten months,<a href="http://www.orbto.com/offshore-outsourcing/financial-outsourcing/" target="_blank" class="postlink">Financial service outsourcing</a>, according to China Customs.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="http://picsrv.fora.pl/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> </table>
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