CCID Consulting, China‘s leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong (Hong Kong Stock Exchange: HK08235), released its article on IT and financial service outsourcing leading investment values in tier-2 cities.

The global service outsourcing market continues to grow, and IT and financial service outsourcing are the dominant driving force for market growth

As a new industry, service outsourcing is characterized by big added values, low resources consumption, little environmental pollution, absorption of much manpower and high level of internationalization. Against the background of a shifting global service outsourcing industry, various countries have formulated policies to promote the service outsourcing industry and nurture the industry as a strategic industry. The service outsourcing industry has therefore grown fast. In 2008, the global service outsourcing industry reached a size of $1.5 trillion. Of this, offshore outsourcing grew over 20%. Over half of European and American companies have outsourced much more of their businesses overseas.