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Chengdu is continuing to grow as international hub for IT services. (Sep 23 12)

Chengdu is continuing to grow as international hub for IT services. Chengdu continues to show stable growth in the software and outsourcing industry. In 2008, revenue from Chengdu's software industry rose 37.7% from the prior year to reach RMB 42.7 billion. This accounts for 5.6% of the China's total software industry and the 37.7% growth rate was 7.9% higher than the national level. Meanwhile, software exports reached $300 million USD in 2008, almost doubling from 2007.

What makes Chengdu an attractive destination for outsourcing is its large pool of talented people and the extensive government support it receives. It is also an important educational and scientific research center with over 70 Universities and more than sixty thousand people engaged in the software sector.

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