The Advantages Of Software Industry In Chengdu

Chengdu Software Park, another one of the country’s 11 national software bases, is part of the Hi-Tech Zone, which became a nationally ranked high-tech industrial development zone in 1991. 32 Fortune 500 companies and over 800 foreign invested enterprises have invested in the zone. Since 2000, research and development center and software industry of Chengdu maintained an increase of 30-40%. The environment for investment in software industry is becoming sophisticated. Rapid gather of software enterprises and research and development centers will make Chengdu a new center of software industry enjoying strongest competitiveness and attractiveness in West China as well as the focus of attention for the grads transfer of international and domestic software industries. The advantages of software industry in Chengdu are as follows.

1. Advantage of talents
Chengdu is located in the most population sense province of China: Sichuan, which is an important education and scientific research center in the southwest of China. It boasts an abundant talent reserves and has more than 630,000 specialized technicians.
2. Advantage of the market
The city seems building itself to be the financial hub for western China and has successfully attracted major international financial institutions, including Citigroup, HSBC, Standard Chartered Bank, ABN AMRO, Bank of East Asia, and BNP Paribas, as well as domestic financial firms such as the People’s Bank of China’s (China’s central bank) southwest China headquarters there, along with the regional headquarters of many Chinese banking and securities firms. Many of these financial institutions use software park’s BPO services.
3. Advantage of policies
Chengdu municipal government has issued a series of preferential policies specifically for the development of outsourcing industry. Like many other software parks, Chengdu municipal government also took other measures to propel the development of outsourcing industry in the aspects of finance, tax, investment and financing, government purchasing, talent nurturing, development of industrial clusters and support-the-strong policies.
4. Advantage of transportation
As the gateway city for the southwest region of China, Chengdu boasts a well-developed transportation network including the railway, the road and the air. Four major railway routes meet in Chengdu. There are three national highways and 13 provincial highways in Chengdu.
To date, 32 Fortune 500 companies have chosen Chengdu SW park for their offshore outsourcing delivery bases, including many US based companies such as IBM, EMC, Microsoft, SUN, SYMANTEC, Accenture, and Motorola; as well as many Chinese technology giants, including Huawei, ZTE, etc. http://www.osait.com
About The Author
The environment for investment in software industry is becoming sophisticated. Rapid gather of software enterprises and research and development centers will make Chengdu a new center of software industry enjoying strongest competitiveness and attractiveness in West China as well as the focus of attention for the grads transfer of international and domestic software industries. http://www.osait.com