Chengdu, China, June 15, 2010 --(PR.com
)-- Chengdu Hi-tech Zone, ranked the 4th among China’s 56 state-level hi-tech zones, and Chengdu Tianfu Software Park, known as the biggest and most energetic software park, just held an exclusive conference in Beijing called “Chengdu, Energize Your Business” focusing on the opportunities for Shared Services Centers (SSC), R&D centers, software development centers and BPO enterprises locating in West China. Over 80 Senior Executives of MNCs and IT-BPO providers attended this conference. A lot of critical topics and key themes deeply lighted the interest of present guests.
Senior Executives from Maersk, Accenture and Ericsson shared the rationale behind their decision to establish a back-office center and R&D centers in Chengdu during the current global economic slowdown, and their experience of setting up operations in a second tier city.
Alan Fung from KPMG assessed the prospects for back-office operations establishing in 2nd tier cities, Four HR experts from Microsoft, Hewitt, 51 Job and Ericsson discussed the HR opportunities and challenges in West China. Besides, the representatives from Chengdu Hi-tech zone government and Chengdu Tianfu Software Park Co., Ltd. has introduced the business environment and government policy for IT-BPO in Chengdu.
Chengdu, well-known as Land of Abundance, with a population of over 11 million, one of the 11 national software bases in China, and also one of the fastest growing outsourcing cities and BPO cities in China, has gain rapid development of IT industry Since 2008, a large number of international companies speeded up to implant their back offices, development centers and R&D centers to this city under the big pressure of international financial crisis, to further reduce operational cost. Chengdu meets their all demands: much lower operational cost, large talent pool, and international supporting facilities.
According the latest report released by Southwestern University of Finance and Economics, the average annual salary of common employees in Chengdu’s software and outsourcing industry is 2205 US Dollar (1799 Euro), professional technicians is 3851 US Dollar (3141 Euro), and senior professional Technicians is 5328 US Dollar (5328 Euro), 30%-50% lower than first tier cities like Beijing, Shanghai and Guangzhou. Meanwhile, the large talent pool, with 1.65 million technicians in different types, and 130 000 software practitioners, high efficient government approvals, well-known excellent living environment and lowest as 5% retention rate are also the very important factors the companies rushing in quickly.
Currently, Chengdu has 9 international trading banks including HSBC, Standard Chartered Bank, Citibank, J.P Morgan, OCBC Bank, ABN AMRO, Bank of East Asia, Nanyang Commercial Bank United Overseas Bank and Bank of Tokyo-Mitsubishi, and 33 international flight connections covering Japan, South Korea, Singapore, North-America, India, Australia and Europe, it ranks the fifth largest aviation hub in China, with a volume of passengers exceeding 20 million (2009). As May of 2010, Chengdu has up to 140 Fortune 500 enterprises with a presence in the city, including companies such as Intel, Corning, Motorola, Siemens, Nokia, Alcatel, Ericsson, IBM, Hitachi, Sony, Cisco, Toyota, UPS, SAP and Fujitsu.
Chengdu has become top choice for foreign investors in China. According to the 2009 China Business Report released on May 24,2010, by American Chamber of Commerce in Shanghai, Chengdu has been nominated as the number one target city for business expansion, and this is the third year that Chengdu has been thus nominated as the second and third target cities for expansion. Business Expansion is considered as the strongest “impetus”, accounting for 68.3% of the factors, an increase of 10.2 percentage points over last year.
Chengdu Tianfu Software Park, as the major base for software and service outsourcing industry development in Chengdu, in past 15 months, has attracted over 50 first-class companies to settle down. Recently, Cisco locates its China’s sales company in Tianfu Software Park in May 2010, Siemens locates its China’s 2nd IT operation center in the park in April 2010, and Ericsson expanded its R&D center in the park in Jan 2010. as well as other giants like Maersk, Manulife, Wipro, Accenture and domestic big players like Alibaba, the largest B2B E-commerce platform in the World, settled down.in 2009.