China's service outsourcing market reports strong momentum in first two months

Source: Xinhua| 2021-03-18 16:45:16|Editor: huaxia

BEIJING, March 18 (Xinhua) -- China's service outsourcing industry reported strong momentum in the first two months of 2021, data from the Ministry of Commerce showed on Thursday.

Chinese businesses inked service outsourcing contracts worth 171.57 billion yuan (about 26.45 billion U.S. dollars) during the period, representing a year-on-year growth of 72.3 percent from 2020 and 24.2 percent from 2019, the data showed.

Of the total, offshore service outsourcing contracts reached 87.57 billion yuan in value, rising 43.4 percent from a year earlier. Enditem

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