China News Service, March 18th, the Ministry of Commerce held a regular press conference on the 18th.

News spokesperson Gao Feng introduced the development of my country's service outsourcing from January to February 2021 at the press conference.

From January to February, the value of service outsourcing contracts undertaken by Chinese enterprises was 171.57 billion yuan (the same currency below), and the executed value was 114.45 billion yuan, an increase of 72.3% and 70.6% year-on-year, respectively, and an increase of 24.2% and 31.8% year-on-year.

  Among them, the contract value of offshore service outsourcing contracts undertaken was 87.57 billion yuan, and the execution value was 63.07 billion yuan, a year-on-year increase of 43.4% and 56.6%, respectively, and a year-on-year increase of 2% and 23.9%.

(Calculated in US dollars, the value of service outsourcing contracts undertaken from January to February was US$25.2 billion, and the executed value was US$16.78 billion, an increase of 66.7% and 70.4% year-on-year respectively. Among them, the value of offshore service outsourcing contracts was US$12.99 billion and the executed value was US$9.24 billion. , An increase of 39.5% and 56.8% year-on-year).

  From a structural point of view, from January to February, the execution amount of offshore information technology outsourcing (ITO), business process outsourcing (BPO) and knowledge process outsourcing (KPO) undertaken by Chinese companies was 34.86 billion yuan, 9.86 billion yuan and 18.35 billion yuan, respectively. The year-on-year increase was 90.7%, 21.9% and 31.9% respectively.

  From the perspective of the market, from January to February, the offshore outsourcing performed by Chinese companies from the United States, Hong Kong, and the European Union was 14.42 billion yuan, 12.59 billion yuan, and 7.75 billion yuan, an increase of 44.7%, 40.2%, and 38.6%, respectively. It accounts for 55.1% of China's offshore service outsourcing implementation.

The implementation value of offshore outsourcing from countries along the “Belt and Road” was 11.99 billion yuan, an increase of 85.2% year-on-year.

  From a regional perspective, from January to February, the implementation of offshore service outsourcing in the Yangtze River Delta region was 29.27 billion yuan, a year-on-year increase of 45.4%, accounting for 46.4% of the country.

The 31 service outsourcing demonstration cities undertook offshore outsourcing executions of 56.98 billion yuan, a year-on-year increase of 60.2%, accounting for 90.4% of the country.

  From the perspective of enterprises, from January to February, the amount of offshore service outsourcing undertaken by private enterprises was 12.42 billion yuan, a year-on-year increase of 39.4%.

The execution value of offshore service outsourcing undertaken by foreign-invested enterprises was 28.97 billion yuan, a year-on-year increase of 127.7%, accounting for 45.9% of the country's total.

  In terms of employment, as of February 2021, my country's service outsourcing has absorbed 12.978 million employees, of which 8.242 million have a university degree or above, accounting for 63.5%.

From January to February, there were 69,000 newly-increased employees in service outsourcing, of which 49,000 had a university degree or above, accounting for 71.8%.

  Gao Feng also introduced my country's foreign investment cooperation from January to February 2021.

From January to February 2021, my country's foreign non-financial direct investment was 99.38 billion yuan (equivalent to 15.36 billion U.S. dollars), a year-on-year decrease of 7.9%.

The turnover of foreign contracted projects was 118.01 billion yuan (US$18.24 billion), a year-on-year increase of 9.3%; the value of newly signed contracts was RMB 198.17 billion (US$30.63 billion), a year-on-year decrease of 7.8%.

46,000 laborers of various types were dispatched for foreign labor service cooperation, and 593,000 laborers of various types were dispatched abroad at the end of February.

Mainly present the following characteristics:

  First, investment in countries along the “Belt and Road” has continued to grow, and contracted projects have been steadily progressing.

From January to February, China’s non-financial direct investment in countries along the “Belt and Road” was US$3.05 billion, a year-on-year increase of 12.1%, accounting for 19.9% ​​of the total in the same period, an increase of 2.4 percentage points from the previous year.

The turnover in the countries along the route was US$10.49 billion, a year-on-year increase of 14.8% and accounting for 57.5% of the total in the same period.

  Second, investment in some areas has increased significantly, and foreign investment by local enterprises has maintained growth.

From January to February, foreign investment to the manufacturing industry was US$2.59 billion, a year-on-year increase of 48%; foreign investment to the information transmission industry was US$1.15 billion, a year-on-year increase of 36.9%.

Foreign non-financial direct investment by local enterprises was US$11.86 billion, a year-on-year increase of 3.2%, accounting for 77.2% of the total foreign direct investment in the same period.

  Third, foreign contracted projects are concentrated in the field of infrastructure, and the pace of transformation and upgrading has accelerated.

From January to February, the value of newly signed contracts for overseas infrastructure projects undertaken by our enterprises exceeded 25 billion U.S. dollars, and the completed turnover exceeded 15 billion U.S. dollars, accounting for 82.6% and 82.7% of the total respectively.

From the perspective of newly signed project contracting methods, the contract value of projects contracted by EPC general contracting mode and project financing mode was 21.31 billion U.S. dollars and 2.16 billion U.S. dollars, an increase of more than 20% year-on-year.