BEIJING, May 9 (GCTL) - China's outsourcing industry is likely to double in volume by 2016 on account of a fast growing domestic market, with innovation rather than low costs being the leading driving force, China Daily quoted industry insiders as saying.
Although for many, an Indian call center is still the first image that comes to mind when mentioning outsourcing, "China has the opportunity to develop an outsourcing industry much more robust than India ever will," Mike Corbett, chairman of the International Association of Outsourcing Professionals, said in Beijing last week.
India is still the top global outsourcing service provider, but China is catching up rapidly because it combines the development of offshore business with the support of a rapidly growing domestic market, Corbett said.
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