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Business Process Outsourcing In China
The business process outsourcing industry in China including IT and other outsourcing services for onshore and export markets surpassed 1 trillion yuan (about $145 billion) in 2016 according to the Ministry of Commerce (MOC). History The outsourcing industry grew rapidly in the 2000s in China by beginning from an "embryonic" scale. IDC, an IT industry consultancy, estimated in 2006 that while outsourcing of IT services was growing at 30% annually, the market size was only $586 million at the end of 2005. Most IT services then were offered to domestic companies with offshore clients concentrated in Japan. By 2016, outsourcing was still growing fast at about 20% annually, driven by "cloud computing, big data, Internet of things and mobile Internet" according to Xinhua. IT services IT related services accounted for about half of the US$87 billion in total service outsourcing provided to export markets in 2015. The largest IT outsourcing companies based in China include ChinaSoft an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Information Technology
Information technology (IT) is a set of related fields within information and communications technology (ICT), that encompass computer systems, software, programming languages, data processing, data and information processing, and storage. Information technology is an application of computer science and computer engineering. The term is commonly used as a synonym for computers and computer networks, but it also encompasses other information distribution technologies such as television and telephones. Several products or services within an economy are associated with information technology, including computer hardware, software, electronics, semiconductors, internet, Telecommunications equipment, telecom equipment, and e-commerce.. An information technology system (IT system) is generally an information system, a communications system, or, more specifically speaking, a Computer, computer system — including all Computer hardware, hardware, software, and peripheral equipment � ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dafen Village
Dafen () is a suburb of Buji, Longgang, Shenzhen, in the province of Guangdong, China. Since 1989, the area has been an artists' village for the production of replicas of masterworks and outsourcing of original art creation as a specialised urban cottage industry. History In 1989, the painter Huang Jiang started copying paintings and has since been considered the founder of Dafen's replica industry. In the early 1990s, a group of about twenty artists who trained at art academies took up residence under the leadership of businessman Huang Jiang. They produced dozens of replicas daily of oil paintings by masters such as Vincent van Gogh, Salvador Dalí, Leonardo da Vinci, Rembrandt, and Andy Warhol. In the 1990s, Huang sent a painting to Walmart and received an order of 50,000 paintings, which he had to produce within fourteen days. After the 2008 financial crisis, Western demand declined and domestic buyers ordered Chinese art copies, forcing a change in style. As of 2014, 7,0 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippines
The Philippines, officially the Republic of the Philippines, is an Archipelagic state, archipelagic country in Southeast Asia. Located in the western Pacific Ocean, it consists of List of islands of the Philippines, 7,641 islands, with a total area of roughly 300,000 square kilometers, which are broadly categorized in Island groups of the Philippines, three main geographical divisions from north to south: Luzon, Visayas, and Mindanao. With a population of over 110 million, it is the world's List of countries and dependencies by population, twelfth-most-populous country. The Philippines is bounded by the South China Sea to the west, the Philippine Sea to the east, and the Celebes Sea to the south. It shares maritime borders with Taiwan to the north, Japan to the northeast, Palau to the east and southeast, Indonesia to the south, Malaysia to the southwest, Vietnam to the west, and China to the northwest. It has Ethnic groups in the Philippines, diverse ethnicities and Culture o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
India
India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since 2023; and, since its independence in 1947, the world's most populous democracy. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is near Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations averag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Commerce Of The People's Republic Of China
The Ministry of Commerce (MOFCOM) is an executive department of the State Council of the People's Republic of China responsible for formulating policies on foreign trade, export and import regulations, foreign direct investments, consumer protection, market competition ( competition regulator), and negotiating bilateral and multilateral trade agreements. It is the 20th-ranked department of the State Council. The current minister is Wang Wentao. History In November 1949, a month after the People's Republic of China was established, the Chinese Communist Party formed the Ministry of Trade (贸易部) while the MOEA continued to operate in Taiwan and several other islands. In August 1952, the Ministry was renamed to Ministry of Foreign Trade (对外贸易部). Ye Jizhuang was the first Minister and died in the post in 1967. In March 1982, the Ministry of Foreign Trade was merged with the Ministry of Foreign Economic Liaison (对外经济联络部), the State Import and Expo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York (magazine)
''New York'' is an American biweekly magazine concerned with life, culture, politics, and style generally, with a particular emphasis on New York City. Founded by Clay Felker and Milton Glaser in 1968 as a competitor to ''The New Yorker'' and ''The New York Times Magazine'', it was brasher in voice and more connected to contemporary city life and commerce, and became a cradle of New Journalism. Over time, it became more national in scope, publishing many noteworthy articles about American culture by writers such as Tom Wolfe, Jimmy Breslin, Nora Ephron, Pete Hamill, Jacob Weisberg, Michael Wolff (journalist), Michael Wolff, John Heilemann, Frank Rich, and Rebecca Traister. It was among the first "lifestyle magazines" meant to appeal to both male and female audiences, and its format and style have been emulated by many American regional and city publications. ''New York'' in its earliest days focused almost entirely on coverage of its namesake city, but beginning in the 1970s, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kehinde Wiley
Kehinde Wiley (born February 28, 1977) leaving Freddie to raise the couple's six children on her own. 3/sup> Wiley has said that his family survived on welfare checks and the limited income earned by his mother's "thrift store"—which consisted of a patch of sidewalk outside their home. 4/sup> At the age of 20, Wiley traveled to Nigeria to meet his father and explore his family roots. 5/sup> In 1999, Wiley earned his BFA from the San Francisco Art Institute. He received a scholarship to attend the Yale University School of Art, and completed his MFA at Yale in 2001. In art school, Wiley attributed his most important lesson to focusing on creating art that he truly wanted to make—not art that his professors wanted him to make. /sup> Wiley received an honorary DFA from Yale University in 2024. Career Residency and inspiration Kehinde Wiley is an American portrait painter who paints monumental works of art that captivate audiences with bold colors and strong views o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shenzhen
Shenzhen is a prefecture-level city in the province of Guangdong, China. A Special economic zones of China, special economic zone, it is located on the east bank of the Pearl River (China), Pearl River estuary on the central coast of Guangdong, bordering Hong Kong to the south, Dongguan to the north, Huizhou to the northeast, and Macau to the southwest. With a population of 17.5 million in 2020, Shenzhen is the List of cities in China by population, third most populous city by urban population in China after Shanghai and Beijing. The Port of Shenzhen is the List of busiest container ports, world's fourth busiest container port. Shenzhen roughly follows the administrative boundaries of Bao'an County, which was established in imperial times. After the Opium Wars, the southern portion of Bao'an County was occupied by the British and became part of British Hong Kong, while the village of Shenzhen was next to the border. Shenzhen turned into a city in 1979. In the early 1980s, Chine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dow Jones & Company
Dow Jones & Company, Inc. (also known simply as Dow Jones) is an American publishing firm owned by News Corp, and led by CEO Almar Latour. The company publishes ''The Wall Street Journal'', '' Barron's'', '' MarketWatch'', ''Mansion Global'', '' Financial News'' and '' Private Equity News''. The company is best known for its historical publication of the Dow Jones Industrial Average (DJIA) and related market statistics. It published the DJIA from 1882 until 2010, when News Corp then sold 90% ownership of the Dow Jones stock market indices business to CME Group; News Corp sold CME its remaining 10% in 2013. History The company was founded in 1882 by three reporters: Charles Dow, Edward Jones, and Charles Bergstresser. Charles Dow was widely known for his ability to break down and convey what was often considered very convoluted financial information and news to the general public – this is one of the reasons why Dow Jones & Company is well known for their publication ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Outsourcing
Outsourcing is a business practice in which companies use external providers to carry out business processes that would otherwise be handled internally. Outsourcing sometimes involves transferring employees and assets from one firm to another. The term ''outsourcing'', which came from the phrase ''outside resourcing'', originated no later than 1981 at a time when industrial jobs in the United States were being moved overseas, contributing to the economic and cultural collapse of small, industrial towns. In some contexts, the term smartsourcing is also used. The concept, which ''The Economist'' says has "made its presence felt since the time of the Second World War", often involves the contracting out of a business process (e.g., payroll processing, claims processing), operational, and/or non-core functions, such as manufacturing, facility management, call center/call center support. The practice of handing over control of public services to private enterprises ( privatiz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carlyle Group
The Carlyle Group Inc. is an American multinational company with operations in private equity, alternative asset management and financial services. As of 2023, the company had $426 billion of assets under management. Carlyle specializes in private equity, real assets, and private credit. One of the world's largest investment firms, it ranked first among private equity firms by capital raised from 2010-2015, according to the PEI 300 index. In June 2024, it ranked sixth in Private Equity International's PEI 300 ranking among the world's largest private equity firms. Founded in 1987 in Washington, D.C., the company has nearly 2,200 employees in 28 offices on four continents . On May 3, 2012, Carlyle completed a million initial public offering and began trading on the NASDAQ stock exchange. History Founding and early history Carlyle was founded in 1987 as a boutique investment bank by five partners with backgrounds in finance and government: William E. Conway Jr., ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HiSoft
HiSoft Technology International Limited was a multinational information technology and business process outsourcing company headquartered in Dalian, China. Founded in 1996, HiSoft was listed on the NASDAQ public exchange in 2010. In November 2012, the company merged with China-based IT outsourcing industry peer VanceInfo to form Pactera. History HiSoft was founded in 1996 as Dalian Haihui Sci-Tech Co., Ltd. In 2002, the company established a Japan-based subsidiary, Haihui Sci-Tech Japan Co., Ltd., later renamed HiSoft Japan Co., Ltd. In 2004, HiSoft Technology International Limited, a Cayman Islands holding company had been formed with other units as wholly owned subsidiaries. They received venture capital funding from investors including Draper Fisher Jurvetson ePlanet Ventures, GGV Capital, GE Commercial Finance, International Finance Corporation, Intel Capital JAFCO Asia, Mitsubishi UFJ Securities, and Sumitomo Corporation Equity Asia Limited. With their initial public ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
