The Soho Loft Explores Outsourcing Trends in China

NEW YORK - Aug. 8, 2013 - PRLog -- China’s massiveness is definitely off the charts – from its modern Lamborghini showrooms and tall skyscrapers to the mesmerizing legends of the Great Wall and compelling stories of the Forbidden City. And in the business scene in recent years, the outsourcing corporations and businesses increasingly stride towards China.

The Soho Loft visited the Middle Kingdom early in July to join the The 15th Great-Idea International Cooperation Delegation to China. The Soho Loft was one of the guests in this event that will run from July 1-5, 2013 in different venues.

China’s service outsourcing industry keeps a good development momentum and has made the country the second largest offshore outsourcing country.

Last year, China signed more than one hundred thousand outsourcing contracts to the tune of US$ 61.28 billion. The ITO, BPO, KPO also experienced a steady increase in China. Europe, Japan and the United States of America continue to be the top outsourcers to China.
This new round of development opportunities found its place in the three major events powered by the Great Idea Business Resources Company:

The first major event was The 7th Wuhan Service Outsourcing Industry Development and Cooperation International Forum. It took place last July 1, 2013 until July 2, 2013 at the Louyu Road, Wuchang, Wuhan. It featured speeches and open discussions on China’s outsourcing industry developments and trends, and the promotion of investments among top senior managers and CEOs, as well as entrepreneurs, from the Asia-Pacific region and Greater China.

The next event was The 5th ChinaSourcing Summit – Forum on Biopharmaceutical R&D and CRO which happened last July 3-4, 2013 at The Dragon Hotel on Shuguang Road, in Hangzhou. It featured speeches and open discussions on China’s biopharmaceutical industry amid its growing popularity for biopharmaceutical research and development (R&D) outsourcing, as well as for contract research organization (CRO) development.

And the last event, The 3rd China (Suzhou) Service Outsourcing Innovation Development and Investment Promotion Summit took place last July 5-6, 2013 at Dushu Lake Hotel on Qiyue Street (Qiyue Jie), Suzhou Industrial Park. As China’s service outsourcing industry maintains a good development momentum and has become the second largest offshore outsourcing country, this event focused on the promotion of industry standardization, on-shore market development, industrial value enhancement, and overseas market development in China.

The Soho Loft was pleased to partner with Great Idea Business Resources Company in these exciting events. The Great-Idea (GI) Business Resources Company promotes international outsourcing in China. GI is linked to global outsourcing of professional agencies, international meetings of outsourcing professionals and non-stop expansion and establishment of long-term full outsourcing database of information and resources.

To promote the balance development of foreign trade and develop the service trades to speed up the improvement of China’s economic market system was one of the chief aims of these events.

The presence of The Soho Loft strikes no doubt that the service outsourcing industry will keep its strategic place in China in the years to follow. These are exciting times to witness the great change of China from ‘made in China’ to ‘innovate in China.’

The summit also aimed to perk up the competitiveness of the producer service industry and support the development of the manufacturing industry. And eventually promote the upgrading of China’s industrial structure.

Service outsourcing and other business processes, as well as alternative investment models have been growing rapidly and globally and has been revolutionizing global financial systems.

For updates on the global crowdfunding industry, and the latest information on alternative investing, email us or check out the other events by The Soho Loft, happening all around the world: http://thesoholoft.com/crowdfundingupcoming-events/

About the Soho Loft
The Soho Loft is an event-driven financial media company that advances innovative investing and entrepreneurship through visionary leadership, relevant education, and strategic collaboration. Major areas of focus and expertise covers, but are not limited to, online investment automation, capital formation, fund structures, angel network creation, private and  public partnerships, venture capital, crowdfunding, private equity and hedge funds. A subsidiary of LDJ Capital based in New York City, USA, its founder and Chairman, David Drake, is  also a co-founder and former executive board member of the Crowdfund Intermediary Regulatory Advocates (CFIRA) and Crowdfunding Professional Association (CFPA). He is a strong advocate of financial innovation, the US JOBS Act (Jumpstart Our Business Startups Act), Dodd-Frank Act, and other entrepreneurial, economic and investment policies  through his work as an international speaker and writer.