China’s shared service sector is booming as cost factors and Government incentives encourage MNCs and POVs to start their shared services journey. In addition, China’s State-owned Assets Supervision and Administration Commission of the State Council is now directing 130+ large scale SOEs to set up finance SSCs, in order to increase control and financial visibility, generating a wave of emerging finance SSCs in local companies.
In order to support these trends and fuel economic development, the Chinese Government has taken great pains to improve its geographic capacity and capabilities, for example through the development of tier 2 and 3 cities.
As a result, China’s cities are differentiating themselves by focusing on specific services and markets. To shed light on the latest development trends, we take a close look at three hot locations for shared services and outsourcing in the North East of the country – Beijing, Dalian and Tianjin.
Read the report here:
China Shared Services Location Comparisson
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