Abstract
China is in a remarkable position to become an IT outsourcing superpower
in less than five years? time. Recent fundamental changes and trends
also will accelerate the growth of the China IT services industry.
Let?s take a look at the statistics. According to Gartner Dataquest,
a U.S.-based research firm, IT services revenue in China is projected
to reach $8.9 billion in 2006, a compound annual growth rate of 19.6
percent. Another report from IDC, also a U.S.-based researcher, states
that China?s IT services market has grown nearly 42 percent a year
since 1997.
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