If the USA outsources to India for a cost reduction, where does India outsource for a cost reduction?

Outsourcing service, new engine of China's economy

Outsourcing service will be the new engine of China's economy, vice Minister of Commerce Ma Xiuhong said in a seminar for China's Outsource Service Park at Xiamen recently.

Outsourcing service has been another important strategic choice of developing countries to participate in international competition, Ma said.

The preliminary statistics from January to August shows that there were 2,545 outsourcing service companies in China, and 1,907 of them have gained various international certifications; over 390,000 people are doing this job, and nearly 170,000 graduates of universities and colleges are taking the training; the total value of service outsourcing contracts was over 4.8 billion U.S. dollar, a 91.45% increase year-on-year.

By People's Daily Online