Why China

Competitive rates, world-class engineering skills and native double-byte expertise are making China the destination of choice for companies seeking to outsource software development, globalization and testing work. Symbio chose to locate it largest development centers in China for a number of reasons, including:

 

Large and highly skilled workforce

China awarded 465,000 science/engineering degrees last year

• It is approaching the total for the United States
• Chinese Universities are consistently ranked amongst the world's best

 

Noteworthy Fact: A team from Shanghai Jiao Tong University took the top prize for the second time (they also won in 2002) in the 2005 annual Association for Computing Machinery International Collegiate Programming Contest. http://icpc.baylor.edu/past/icpc2005/report.html

Returning expatriates bring advanced degrees, experience and capital

• Of 400,000 Chinese who studied overseas, over 1/3 have returned
• China's "Brain Drain" is quickly becoming "Brain Circulation"

 

Comparative cost advantages

China's salaries for IT programmers are generally below that of other major offshore development centers, including India and Ireland.

 

World-class infrastructure

China is building an advanced communications infrastructure.

• An advanced fiber optic network is the foundation of China's Internet backbone
• China has the highest growth rate of telecom in the world
• Wireless telecom is becoming the standard in China

 

China has a number of transformative infrastructure projects

• It is developing into an energy powerhouse
• Transportation lines are expanding at dizzying rate

 

China's economic phenomenon

China is now the second largest economy in the world

• Second largest GDP on basis of Purchasing Power Parity
• Second largest exporter to the world

 

Transforming business environment
Financial reforms enable a strong global investment environment

• Three areas of reform: tax, FOREX, banking
• Dramatically improving corporate governance and shareholder protection
• Easing restrictions on foreign stock market participation
• Changing economic mix
• Less reliance on state-owned enterprises
• Greater emphasis on private enterprises

 

Increased need for localized software

As non-English speakers become the world's largest customer base for IT, with Asian users becoming a large percentage, software developers will need to begin programming with Unicode and Multi-byte systems

• 50% of the world's Internet users are non-English speakers,
• In 2006, China reported 123 Million Internet Users
• China has the fastest growing base of Internet users, with a jump of 20% from 2005 to 2006
• Chinese engineers employ double-byte computing techniques as part of their basic toolkit

 

China is Addressing Language and IP Issues

English language skills are burgeoning in China
China is addressing English formally in the education system

• Many primary schools are implementing classes that are entirely taught in English
• Companies and organizations are introducing English requirements into the work force
• Formal testing of employees
• National movement to learn English
• National competitions are being held
• The number of English language schools is mushrooming

 

China is getting strict on enforcement of IP laws
China has two major agencies dealing with IP protection:

• National Copyright Administration of the PRC (NCAC)
• State Intellectual Property Office of the PRC (SIPO)

 

China has implemented a large body of legislation protecting IP

• "The Trademark Law of the People's Republic of China,"
• Paris Convention treaty
• "Copyright Protection Law" and the "Anti-Unfair Competition Law".

 

China has aligned its laws to comply with the WTO's TRIPS (Trade-related Aspects of Intellectual Property Rights):

China has developed incentive-based enforcement policies.

China has implemented a 300,000 Yuan (US $36,000) award to people who expose counterfeiters.

China is also shifting enforcement to customs since 70% of pirated discs enter China from Southeast Asia

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