According to the recent report from China Internet Network Information Center (CNNIC), the numbers of Chinese netizens has become the world largest. Although we have to admit that the ratio of the Chinese netizens hasn’t reached the world average, 21.1%, however, the rapid increasing has given the sufficient evidence to show the achievement of development of Chinese Internet popularization.

Meanwhile, the number of Chinese domains has overtaken Germany, CN domains contributes a lot to the change which mushroomed more than 90% last year. With the assistance of WAP, linking to the Internet is becoming more and more popular, especially for the young generation. Moreover, the gender construction of the netizens is improving in a harmonious way, the figures show that female netizens has covered the more than 40% of the total.

Furthermore, Chinese netizens really make good use of the abundant resources from Internets. The entertainment is always the most popular functions for most of the countries, china is not an exception. And a large number of people also enjoy the comprehensive information from the Internet. In addition, numerous blogs have been opened and the distance among people is definitely shortened by the Internet.

What’s more, the enterprises and the international trade also benefit a lot from the boom of the Internet. Since more Chinese companies become accessible and more service items we can provide through the Internet. BPOVIA is an excellent representative who provides the service for clients from different regions of the world. With the help of Internet, the staff from BPOVIA can response to every demand from any parts of the world. Because of the language barriers, even if many Chinese companies has built their websites, however, the foreigners still cannot communicate with Chinese companies well. But BPOVIA can not only help to build the connection between the foreign investors and the Chinese companies, but also assist the foreign customs to build and translate their English version websites.

Popularization of the Internet surely triggers the convenience of peoples’ lives. However, BPOVIA and its service help your life easier and more relaxed.

Rising inflation is a serious threat to the region’s sustained, strong growth as high import costs of food and fuel threaten to trigger a price and wage spiral, unleashing more inflation, the insider commented. Although the inflation rate had dropped 1.6 percent in February, the possible energy price liberation may bring the high rate back. And all signs show that a second-round price effect may be underway.

And the worsen economy situation especially the banking crisis has triggered global worry that the economic slowdown across the globe may continue. And Chinese economy is influenced by it.

On July 18 Ericsson spokesman said that the company’s handset venture with Sony, Sony Ericsson Mobile Communications Ltd, almost had a zero profit, due to a waning demand on phones. Net income fell to 6 million euros from 220 million euros a year earlier and sales dropped 9.4 percent to 2.82 billion euros, the venture said.

In February Ericsson said the demand of telecom networks in Italian and other areas would be “flattish” this year. Jan Dworsky, an analyst at Handelsbanken Capital Markets in Stockholm said that “the global network market will be flat going forward, with limited growth next year, and competitive pressures will weigh on profit margins this year and next.”

It is said the company aims to cut annual costs by 300 million euros. Facing the challenging situation, last year, Carl-Henric Svanberg, CEO of the telecom giant, cut revenue forecasts twice. And it is announced to cut 1,000 staffs in Sweden and probably 3,000 more abroad.

Although we have reaffirmed for several times that Chinese economy has a promising future, however, as a rational investors, we have to concern about the potential risks. A new policy that the finance sectors and other foreign trade enterprises should limit the hot money flowing into China is carried out by Chinese center bank. Meanwhile, Chinese stock market continues its bear market. It has fallen 49% since the peak of last year, which it becomes the worst stock market in the world. Moreover, the gradually increasing of exchange rate has put hundreds of foreign trade companies to the edge of abysm. Thus, as a foreign investor, maybe you’re optimistic about Chinese economy. Notwithstanding, to some extend, you might not be eager to lose money and not be satisfied with new economy policy and the rising of Chinese currency. There’re a large numbers of foreign investors buying real estate, stocks and insurance in China. Unfortunately, as the bad performance of stock market and the new policy to restrict the hot money, they may feel upset and worried about their assets in China.

Then, the investors will surly find out some solution to cope with the adversaries. At the same time, the understanding the situation of China and try to find a deputy in China become more and more important. Outsourcing industry will help foreign investors to ultimately reduce the risks of investing in China. BPOVIA, who help its foreign customers to reduce the risks in China, is an outstanding model of the industry. By providing BPO, ITO, KPO (knowledge process outsourcing) and PPO (personal process outsourcing) service, the investors would not pay much money, but can get the all-round service. BPOVIA can help to do many things in China instead of you. In addition, BPOVIA can do the marketing research and the strategy scheming for you, which will supply the information involved in the Chinese economy policy and the professional advice about how to run business in China and how to make money in China. Above are largely helped to save the cost of foreign investors and reduce the risks of the marketing deterioration.

We should not deny the achievement and infinite development of Chinese economy. However, the risks also can’t be neglected. What the BPOVIA and outsourcing industry contribute to the foreign investors are not only the time-consuming and low-cost service and products, but also give the supports on how to handle the economy policy and regulation. As the time goes by, the investors will realize the convenience and benefits brought by BPOVIA and other similar companies.

At the first place, create a tough management team and sufficient funding for them. It is recommended that the team should include personals from all the related departments, e.g. legal and operational members of the finance and procurement teams. Especially the IT staffs, including the software contracts manager as well as IT ERP and security specialists, should be included in the early planning stage, as they can ensure timely access to the internal system. Many organizations failed to do the job because of a lack of the experienced staffs.

Before conducting financial BPO, ask the providers for clear guidance on their application of the latest tools for this sector, so that your IT team could evaluate the different approaches. Also it is advisable that you get the latest issues on this sector beforehand .

Another point that should rise your attention is to conduct a close relationship with your BPO provider, and collaborate with them. They will be helpful in optimizing your business outsourcing procedure.