Xian is the capital of Shaanxi province in People’s Republic of China. It has a rich cultural history and over the years it has grown in to an economic force due to the development of the industry of software in Xian. The city has become a hub of IT industries and outsourcing and there are many reasons for its increasing growth.
The government targeted Xian as the ideal place to entice industries to set up offices here and their excellent policies and financial incentives have worked to improve its export value to over forty million dollars. Xian has over the years emerged as one of the pioneering cities of outsourcing and software development and thanks to its fiscal policies and strong financial base it has proved its growth to be sustainable.
Xian is rapidly producing hundreds of graduates each year adding to its rich and cheap human resources. It is only a few steps away from Beijing and Shanghai in terms of development of software. Apart from the labor China has also improved the infrastructure in Xian and the modern city is rapidly gaining momentum in the IT world. China has added advanced transportation technology to Xian giving it an up to date airport and extremely fast railway system. The airport itself is the largest in the northwest China.
Over the last few years Xian has appeared as the hub of outsourcing and software. Xian launched a software park in 2001 and since then it has maintained a 35% growth every year. The economic downfall in the world has caused people to turn to better value for money and low cost options and Xian is providing that hence they are doing better business than ever before.
The world is currently going through an economic crisis. The business houses are looking towards low cost, high yield options and they are turning towards china for the excellent work force at low prices. Xian provides technical students at a lower price than Beijing and Shanghai hence its appeal and its rise in the outsourcing and software world. Xian has an IT park just a few years old and since its opening it has sustained a growth of over 30% annually.
Xian is growing rapidly and the numbers show that the city has become an attraction for global entrepreneurs. The human resources are rich and more cost effective than Beijing or Shanghai and with the encouraging financial policies in place to promote Xian companies from around the world are looking more and more towards this city.
The sheer number of professional graduates makes Xian rich in intellectual work force and they are willing to work at a lower rate than Beijing or Shanghai. Its rapid rise has attracted a number of companies and it has become an important city in this global era. The government’s tax incentives and financial policies further encourage companies to relocate here.
Some of the policies that benefit Xian include tax incentives for companies to locate themselves in Xian and making it easier for technical graduates to locate relocate there. Xian is a worldwide leading in IT, aviation and other technology industries. It is a rapidly growing city with a strong infrastructure.
The help from the Chinese government along with Xian’s own endeavour to improve its technology and keep pace with the world has made it a successful economic software hub.
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