China's "little India"

[Ruag]

Wuxi is ready to become a 'little India'

Wuxi, a picturesque city that lies along the Taihu Lake resort, is planning to build a "little India" in years to come.

Wuxi is traditionally a manufacturing city. But with more focus on environmental protection, especially after a serious blue-green algae outbreak in Taihu Lake that triggered a clean water crisis in mid-2007, city leaders started to study how to transform the city's development.

Wuxi decided to replace manufacturing with the service outsourcing industry, which has far less pollution and consumes much less energy.

According to its ambitious development plan, the city is expected to attract $30 billion to $40 billion in service outsourcing business and help create service outsourcing jobs for 1 million people by 2020 - equivalent to that of India as a whole in 2007.

The advancement of the service outsourcing industry cannot survive without a large talent pool.

But the city three years ago learned that fewer than 2,000 students in the city were studying software and information technology fields.

As a result, Wuxi established a goal to build a total area of 6 million sq m for software service outsourcing within three years, and encouraged enterprises to cultivate and import skilled workers.

These policies were well received. In 2008, Wuxi's service outsourcing business accounted for 39.2 percent of companies in Jiangsu province, and the city employed 28.5 percent of Jiangsu province's service industry employees, according to Fang Wei, deputy mayor of Wuxi.

Growing jobs

This year, the Wuxi government launched a new program to train university graduates. Outsourcing companies will receive a rebate of 4,000 yuan ($586) for hiring a graduate, and every graduate of the training program will receive 1,000 yuan as a subsidy.

The city's financial sector is also actively providing financial support to enterprises in the service outsourcing industry.

In February, Wuxi became one of 20 cities approved by the General Office of the State Council to build a service outsourcing demonstration city.

In June, 15 banks provided a credit line of more than 4 billion yuan for the city's 115 service outsourcing enterprises.

The local government joined India's National Institute of Information Technologies (NIIT), the world's second-largest educational institution, to establish the NIIT (China) Outsourcing College in Wuxi as a training base for the city's outsourcing businesses.

While the domestic macro-economy continues to be affected by the global financial crisis, outsourcing is maintaining robust growth in Wuxi.

The city signed $1.14 billion in contracts from January to July, up 110 percent year-on-year.

Experts estimated that by 2010, there will be as many as 100 international service outsourcing and software exports enterprises with annual export values of as much as $30 million.

So far, Wuxi has attracted 22 investment projects from leading multinational service outsourcing corporations and 50 domestic industry heavyweights. Half of China's top 10 industry heavyweights have established headquarters in Wuxi.

But Fang is looking at bigger goals. "Wuxi is on its way to becoming a 'little India'," he said.

After India matured as the world's largest service-outsourcing base, many East Asian countries - including the Philippines, Singapore and Vietnam - began competing for more market share.
"Enterprises from the Chinese mainland haven't had much advantage in competing with these countries, but the cooperation across the Straits should bring some opportunities," said Zhou Ming, deputy director of the China Council for International Investment Promotion (CCIIP).

The service sector accounts for more than 70 percent of the island province's total GDP.

Zhou said Taiwan's industrial development experience, technology and branding, along with a massive market and substantial human resources on the Chinese mainland, will greatly enhance the international competitiveness of both regions.

In spite of the financial crisis, the global service outsourcing industry posted a growth rate of 6.3 percent in 2008 - a strong performance in comparison to the world's average GDP of 2.5 percent.

Many developing countries see the outsourcing industry as an opportunity to survive the international economic downturn, experts said.

Wuxi is ready to become a 'little India'

First a copy of Rolls Royce, then a copy of Bajaj Pulsar, then a fake copy of Indian drugs, and now a copy of Bangalore.

The list goes on....

 

[Honor]

Wuxi is ready to become a 'little India'



Wuxi is ready to become a 'little India'

First a copy of Rolls Royce, then a copy of Bajaj Pulsar, then a fake copy of Indian drugs, and now a copy of Bangalore.

The list goes on....

WuXi is competing with India... Not copying....

 

[SinoIndusFriendship]

Wuxi is ready to become a 'little India'



Wuxi is ready to become a 'little India'

First a copy of Rolls Royce, then a copy of Bajaj Pulsar, then a fake copy of Indian drugs, and now a copy of Bangalore.

The list goes on....

Don't flatter yourself just yet, it's still premature to assume China wants to build an entire city around a call-center for english speaking people!

 

[Ruag]

WuXi is competing with India... Not copying....

Yeah... China's Wuxi is trying to compete with India by calling itself "little India".

It is like China's Geely Motors trying to compete with Audi by calling its newest sports car "little R8".

 

[jwh]

Yeah... China's Wuxi is trying to compete with India by calling itself "little India".

It is like China's Geely Motors trying to compete with Audi by calling its newest sports car "little R8".

The only one advantage of India in outsoucing industry is the good english skill.

 

[warlock]

The only one advantage of India in outsoucing industry is the good english skill.

yeah and that is the BIGGEST advantage

 

[jwh]

yeah and that is the BIGGEST advantage

China uses the outsoucing industry as the secondary job maker. you must realize it can only breed small portion of the people.

 

[Honor]

Yeah... China's Wuxi is trying to compete with India by calling itself "little India".

It is like China's Geely Motors trying to compete with Audi by calling its newest sports car "little R8".

Everyone knows India is famous for it's cheap outsourcing industry. China is just competing with India with their superior services.

Calling little India are just reflecting outsourcing as a typical indian industry.

When can India make a decent car?

 

[oceanx]

Wuxi is ready to become a 'little India'

First a copy of Rolls Royce, then a copy of Bajaj Pulsar, then a fake copy of Indian drugs, and now a copy of Bangalore.

The list goes on....

Good for Wuxi.

As long as the PRC doesn't take seriously the aspiration to overtake India as the fake drug centre of the universe, then I say: all is fair in love, war, and trade!



Or perhaps they could focus on churning out some fake fake drugs - perhaps the double-"fake" will get you the real pills.

 

[SinoIndusFriendship]

Good for Wuxi.

As long as the PRC doesn't take seriously the aspiration to overtake India as the fake drug centre of the universe, then I say: all is fair in love, war, and trade!



Or perhaps they could focus on churning out some fake fake drugs - perhaps the double-"fake" will get you the real pills.

There's a well-detailed study that shows India corners around 9/10th of the ENTIRE GLOBE's fake drug market.... hypocritical much my brown-aryan friend?!

 

[oceanx]

... hypocritical much my brown-aryan friend?!

Got sum'thin to say sister Pinoy?

Just a small correction: I am a yellow "aryan".

BTW, what kind are you again, sister? O how did we forget so quickly - your aryaness hailed from Pakistan.

Out of curiosity, what happend to your planet-changing "reseach"? Or was that bleeding edge baby-sitting that you took up, over-achiever?

 

[Iggy]

Everyone knows India is famous for it's cheap outsourcing industry. China is just competing with India with their superior services.

Calling little India are just reflecting outsourcing as a typical indian industry.

When can India make a decent car?

Well what about China?when did they made a decent car??

India become known for out sourcing not only because of cheap rates but also because of superior English knowledge than most of the countries..I don't know what you meant by superior services..as far as i know China is the Hub for cheap labor and services..no offense meant..but is that why the MNC's starts company's there to make more profit by the help of cheap labor ..

 

[SinoIndusFriendship]

Okay, let's make this absolutely clear:

The "IT revolution" is dying, there's no doubt about it. We can see it happening, the slew of "Malware" and "Service"-providers such as IBM, HP, SAP, Dell, Oracle-Sun, Microsoft is dying. Gone are the days where you can sell malware and con the customer/clients out of billions of dollars for useless services that goes by the name of 'cloud', 'erp', 'saas', 'network', 'integration'....blah, blah, blah.

However, there's plentiful opportunity in computing: true AI, intelligent adaptive databases, etc. Basically, creating new products that actually solves people's hardships. This is where the future is. Just think Oracle makes nearly a hundred billion a year around a stupid-buggy-unreliable-difficult "RDMS". There's lots of opportunity if you can create software that works, you'll bypass these snake-salesmen/women.

There's a lot of opportunity for both India, China, Brazil, Russia.... etc. Enough for everybody! To succeed we must forgo the mindless imitation and pointless activities.

 

[Iggy]

There's a well-detailed study that shows India corners around 9/10th of the ENTIRE GLOBE's fake drug market.... hypocritical much my brown-aryan friend?!

But this article says some thing different

A Prescription to Kill - The Impact of Chinese Drug Counterfeiting - International Focus at Kellogg

some extracts:


These statistics point to a disturbing picture of opportunity and threat related to China’s pharmaceutical market, which is estimated to reach $24 billion well before the next decade, making it the fifth largest in the world. By 2050 the country should be the world’s largest drug market, driven largely by a population with 24 percent of its members over age 65.

Chinese and multinational drug-manufacturers alike are enjoying the benefits of this growth, with double-digit increases in annual revenues. But there is a dark side: China is already the world’s largest producer of counterfeit drugs, with such products—including ingredients benign as baking soda or harmful as *** poison—accounting for 63 percent of the country’s pharmaceutical market. Thus China is the backbone of the $40 billion global counterfeit drug market, which accounts for an estimated 15 percent of all drugs sold worldwide.

Counterfeit drug-making is a problem escalating on multiple fronts: from developing countries like Africa to the most developed, including the United States, where an estimated 5 to7 percent of drugs sold have been tampered with; from an early focus on lifestyle drugs such as Viagra to the inclusion of lifesaving medications for cancer, heart disease, and other conditions; with increasing involvement of organized crime and terrorist groups.

Beyond the obvious threats of counterfeit drugs to the global population’s health, such products are affecting pharmaceutical firms’ levels of brand equity and profits, with consequences of fake drug use ranging from generally undetected placebo effects to reputation-damaging patient injuries and fatalities. To address these threats, pharmaceutical firms and the FDA have begun taking more active steps.

But they face major challenges: Chinese scientists and manufacturers easily replicate and mass-produce branded drugs; unscrupulous entrepreneurs quickly build new pharma manufacturing plants and duplicate every detail of product packaging; China’s version of intellectual property protection is still ambiguous and often hard to enforce; the Internet provides easy sale of fake drugs to customers and wholesalers even in countries with more stringent regulation and oversight, like the United States.

Understanding how to address China’s counterfeit drug-making involves gaining deeper insights into the multiple interrelated factors that have helped to create, perpetuate, and occasionally mitigate this problem.

 

[Fennecus]

Indians flattering Indians.

:Yawn: