ANNOUNCEMENT 28 Apr 2017
April 28th, 2017 - Five Chinese ministries announced a plan detailing its ambitions to boost the international outsourcing industry in the PRC over the 13th Five-Year Plan period (2016-2020)
NUMBER OF INTERVENTIONS
PRC Ministry of Commerce, April 28th 2017. (商服贸发170号—商务部等5部门关于印发《国际服务外包产业发展“十三五”规划》的通知)
On the 28th of April 2017, five Chinese ministries* released their implementation plan for ideas previously mooted in State Council opinions. The plan promises to make use of 'funds' and 'sub-funds' to promote particularly innovative projects.
The plan is designed to boost China's outsourcing industry and ensure the nation is able to provide services at the level of international excellence. Sectors that stand to benefit, according to the plan, are: software, information technology, design, research and development, the Internet, medicine and energy.
The policy is in effect for the duration of the 13th Five-Year Plan (2016-2020).
*Ministry of Commerce, National Development and Reform Commission, Ministry of Education, Ministry of Science and Technology, Ministry of Industry and Information Technology.