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flag 2013-2023 China's services outsourcing sector grows to $215.4bn, 40% of services exports, with an 13.2% annual growth rate.

flag China's services outsourcing sector has seen substantial growth from 2013 to 2023, with the annual value of offshore contracts rising from $62.3 billion to $215.4 billion, averaging a 13.2% growth rate. flag In 2023, the contract value reached $151.4 billion, making up 40% of China's services exports. flag The industry employed 16.34 million people, with 10.67 million holding university degrees. flag China plans to enhance policy support to upgrade the sector and foster innovative service models.

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