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China International Software & Information Service Fair opens
( chinadaily.com.cn )
2013-06-21
China International Software & Information Service Fair opens

People attending the China International Software and Information Service Forum & Entrepreneur Summit. [Photo by Zhu Chengpei/China Daily]

China International Software & Information Service Fair opens

Venue for the China International Software & Information Service Fair.[Photo by Zhu Chengpei/China Daily]

China International Software & Information Service Fair opens

Participants holding discussions in the rest area..[Photo by Zhu Chengpei/China Daily]

This year's China International Software & Information Service Fair took off, at Dalian's World Expo Center, on June 20 with the theme "Intelligence Changes the Future", China Daily's Dalian branch has reported.

Liu Xiangdong, a former commerce vice-minister, explained that China's service outsourcing business saw a steady increase in 2012, when 400,000 service outsourcing contracts were signed, and valued at more than $61.2 billion , for an increase of 37 percent year-on-year. The country's service outsourcing is focused on IT, Liu went on to say, and, over the past year, its IT outsourcing accounted for 56.1 percent of the total outsourcing, while business flow accounted for 15.5 percent, and knowledge flow, 28.4 percent.

Wang Jinzhen, the vice-chairman of the China Council for the Promotion of International Trade, said the new information and network technology, including the Internet of things, next generation Internet, next generation mobile communications, and cloud computing are booming. And, as global software and IT markets grow, countries all over the world will have new opportunities to develop software exports and IT services. Wang expects China's IT market to reach second place globally, after the United States, and, over the next 10 years, to have an annual increase that exceeds GDP growth. Also, there is a third platform, supported by mobile equipment and applications, cloud services, data analysis, and social technology that is expected to provide high added-value solutions for industry.

Furthermore, according to Luo Wen, chairman of the China Center for Information Industry Development, cross-industry development is an important development direction for the information industry and, with the expansion of various fields, innovations in the business mode, and sharper competition, anyone who has a breakthrough could dominate integration and reconstruction of the information industry chain.

The service fair this year has an exhibit area of 35,000 square meters and has attracted 800 exhibitors and nearly 100 domestic and foreign delegations. Organizers are expecting as many as 30,000 visitors. There will be 50 meetings and activities held simultaneously. Sponsors are the Commerce, Industry and Information, Education, and Science and Technology ministries, the China Council for the Promotion of International Trade, and the Liaoning provincial people's government.