Ministry of Commerce: The value of service outsourcing contracts undertaken by Chinese enterprises in 2023 is 2,866.6 billion yuan. Offshore service outsourcing services such as new energy technology research and development services, inspection and testing services, and transportation maintenance and repair services have grown rapidly.
The execution value of offshore service outsourcing in Cambodia, Vietnam and Indonesia grew rapidly, with year-on-year increases of 78.1%, 56% and 47.3% respectively. Private enterprises undertook offshore service. outsourcing execution volume of 392 billion yuan, accounting for 37.7% of the country.